Motorcycle, Bike & Parts Manufacturing in Canada - Industry Market Research Report

Motorcycle, Bike & Parts Manufacturing in Canada - Industry Market Research Report

  • December 2017 •
  • 33 pages •
  • Report ID: 4640029
Start your engines: Revenue will rebound as growing household incomes boosts motorcycle sales

Abstract

Motorcycle, Bike & Parts Manufacturing in Canada
The Motorcycle, Bike and Parts Manufacturing industry in Canada has expanded over the past five years, as industry revenue is expected to increase. The industry, being primarily focused on custom and high-end products, is closely tied to consumer income levels and confidence.

Moreover, because the Can-Am Spyder is the only mass-produced motorcycle in Canada, industry revenue is reliant on this product’s performance, as there is no other domestic mass manufacturer of motorcycles. Industry revenue significantly improved in four of the past five years due to favourable demographics and steady growth in consumer disposable income. Over the next five years, the industry will remain in a transitional phase. Industry revenue will continue to depend on the mass production of motorcycles, in particular sales of the Can-Am Spyder.

This industry manufactures motorcycles, mopeds, scooters, bicycles or tricycles. It also includes businesses that manufacture equipment and parts for these vehicles.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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Country=Canada Industry=Motorcycle ParentIndustry=HeavyIndustry Date=201712 Topic=Forecast Publisher=Ibisworld Price=1000