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The global motorcycle sidecars market witnessed a healthy growth in the historical period of 2018-2023. The market is expected to grow at a CAGR of 6% in the forecast period of 2024-2032 to reach a volume of 87.94 million units by 2032.
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Region-wise, the market for motorcycle sidecars is being led by the countries in Asia Pacific region as it is a significant market for the product. India, China, Pakistan, and ASEAN, among others, have a significant consumer base for the product. Further, countries such as Japan and China produce a significant amount of motorcycle sidecars. In regions such as North America and Europe, the market growth is low as the economies within the region are matured. The market in these regions is expected to be driven by the bike enthusiasts who are focused mainly on vintage bikes. In addition, regions such as Africa and Latin America are witnessing a healthy market growth.
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Motorcycle sidecars refers to a single-wheeled device, which is attached to the side of a motorcycle, scooter, or electric/normal bicycle. It is done for many purposes, including extending the size of the vehicle, or to carry load. By attaching the motorcycle sidecar to a two-wheeler, the vehicle is converted to a three-wheeled vehicle.
On the basis of vehicle type, the market is divided into:
Based on vehicle engine type, the industry can be segmented into:
By distribution channel, the industry is segregated into online, offline, and others. On the basis of sales channel, the industry is categorised into OEMs, aftermarket, and others.
The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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The market for motorcycle sidecars is aided by the rising demand for custom-made product, or tailor-made products according to customer requirements. Recently, the motorcycle sidecars have received a lot of attention to be used in various electric bikes. Moreover, the motorcycle sidecars have garnered traction from bike lovers and bike enthusiasts owing to their vintage nature. The market is expected to be pushed by bike enthusiasts and bike lovers who are interested in vintage collections in the forecast period.
The report gives a detailed analysis of the following key players in the global motorcycle sidecars market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Vehicle Type |
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Breakup by Vehicle Engine Type |
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Breakup by Distribution Channel |
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Breakup by Sales Channel |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The global motorcycle sidecars market is projected to grow at a CAGR of 6% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach 87.94 million units by 2032.
The major drivers of the industry, such as rising disposable incomes, increasing population, rising demand from the bike enthusiasts, and growing demand from emerging economies, are expected to aid the market growth.
The key trend guiding the growth of the market includes the growing demand for custom-made product.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The leading vehicle types in the market are standard bikes, off-road bikes, cruiser, and mopeds.
The major vehicle engine types in the industry are electric bike and regular mechanical bike, among others.
The significant distribution channels in the market are online and offline, among others.
The major sales channels in the industry are OEMs and aftermarket, among others.
The major players in the industry are Ural Motorcycles, DMC Sidecars & Motorcycle Accessories, Champion Trikes & Sidecars, Watsonian Squire Ltd., and Texas Sidecar Company, among others.
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