Global All-Wheel Drive Motorcycles Market to Reach 231.5 Thousand Units by the Year 2027
Amid the COVID-19 crisis, the global market for All-Wheel Drive Motorcycles estimated at 84.7 Thousand Units in the year 2020, is projected to reach a revised size of 231.5 Thousand Units by 2027, growing at a CAGR of 15.4% over the period 2020-2027.
The U.S. Accounts for Over 28.8% of Global Market Size in 2020, While China is Forecast to Grow at a 19.8% CAGR for the Period of 2020-2027
The All-Wheel Drive Motorcycles market in the U.S. is estimated at 24.4 Thousand Units in the year 2020. The country currently accounts for a 28.83% share in the global market. China, the world second largest economy, is forecast to reach an estimated market size of 44.7 Thousand Units in the year 2027 trailing a CAGR of 19.8% through 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 12.1% and 14.3% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 13.4% CAGR while Rest of European market (as defined in the study) will reach 44.7 Thousand Units by the year 2027.We bring years of research experience to this 9th edition of our report. The 138-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.Competitors identified in this market include, among others,
- BMW AG
- ChristiniTechnologies, Inc (Christini AWD)
- Honda Motor Co., Ltd.
- KTM AG
- ROKON International Inc.
- Ural Motorcycles
- Yamaha Motor Co., Ltd.