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This industry research report identifies Christini Technologies, Rokon, and Yamaha Motor Corporation as the key vendors in the global all-wheel drive motorcycles market. A comprehensive analysis of this market is also presented by geographical regions such as the Americas, APAC, and EMEA.
Research analysis on the global all-wheel drive (AWD) motorcycles market identifies that the need for AWD motorcycles for special operations will be one of the major factors that will have a positive impact on the growth of the market. Technavio’s market research analysts predict that in terms of units, this market will grow at a CAGR of nearly 21% by 2021. In defense, most of the vehicles used are all-terrain vehicles. The requirement for fast, agile, and efficient transportation for scouts, war fighters, security patrols, and guards in the field has raised the demand for the defense purpose off-road motorcycles. A change in the trend has been observed in the market with the fully electric and hybrid off-road motorcycles gaining wide popularity. These motorcycles are specifically manufactured for defense purposes and are increasing the requirement of the AWD motorcycles for special purposes. This rising need for the AWD motorcycles for the special operations would be one of the factors for propelling the AWD motorcycle market during the forecast period.
The emergence of AWD snow bikes will be the one of the key trends that will gain traction in the all-wheel drive motorcycles market. Developments in the off-road motorcycles have given rise to the introduction of snow bikes. The AWD snow bikes are manufactured by not only altering the transmission system but also by modifying the wheel design to offer the needed floatation to them. The presence of an efficient wheel design to ride on the snow has led to the fitment of the rear wheel drive system. But the growing demand for higher efficiency in snow bikes has forced the manufacturers to manufacture AWD snow bikes.
The all-wheel drive motorcycle market has lesser competition compared to the other motorcycle segments. This is due to the lower volume of sales of AWD motorcycles and because the acceptance and usage of the AWD motorcycles as commuter motorcycles is not possible. Also, the OEMs do not design or manufacture the AWD motorcycles on their own due to the slow growth in the demand.
The leading vendors in the market are -
The other prominent vendors in the market are Ural Motorcycles, Honda, KTM, and BMW.
This market study estimates that in terms of geographic regions, the Americas will be the major revenue contributor to the all-wheel drive motorcycles market throughout the forecast period. The main reason for this market lead is due to the introduction and faster adoption of AWD technology and rising need for AWD motorcycles in the adventure tourer segment in the region.
Growth drivers, challenges, and upcoming trends: Electric all-wheel drive motorcycles
The growing trend of manufacturing electric and hybrid off-road motorcycles has impacted the AWD motorcycle market as well. The need for reducing the emission of CO2 has also given rise to the development of electric off-road motorcycles and considerably driving the off-road motorcycle market. The off-road electric bike manufactured by the companies like KTM and Zero Motorcycles is made to suit enduro racing. Moreover, the off-road electric mountain bikes are observed to have rapid adoption due to many manufacturers supplying electric mountain bikes such as Volton Alation, Haibike, Bulls E-Stream, and Magnum Peak which are expected to influence the off-road motorcycle market positively.
This report provides a number of factors contributing to the adoption, limitations, and opportunities of the all-wheel drive motorcycles market. It also offers an analysis of each factor and an estimation of the extent to which the factors are likely to impact the overall market growth.
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All wheel drive motorcycles is a term used to describe motorcycles that have power in the front as well as the back wheel. All wheel drive motorcycles are typically either mechanically driven via chain or shaft or are hydraulic driven. This upcoming market research report on the global all-wheel drive motorcycles market is an essential part of Technavio’s automotive industry and offers insights into the automotive manufacturing sector. The upcoming market research report on the global all-wheel drive motorcycles market also covers vendors like ZID, Suzuki, Yamaha, KTM, BMW, Honda, Rokon, Christini Technologies, Drysdale, Ural Motorcycles, LSA Autonomy, and NewTech Development LLC.
This market research report on the global all-wheel drive motorcycles market also takes into account the growth of related markets like the supersport motorcycle and e-bike, which are anticipated to grow at a CAGR of nearly 11% and 6%, respectively, by 2021. This market research report on the global all-wheel drive motorcycles market also covers geographies like APAC, EMEA, and the Americas to give clients insights into the growth of the automotive manufacturing market across various regions.
The upcoming research report on the global all-wheel drive motorcycles market also covers key business intelligence areas such as the market growth rate, emerging trends, competitive landscape, and the opportunities and challenges faced by the industry in the automotive manufacturing market. Additionally, it also covers an analysis of related sectors of the automotive industry like automotive services, automotive components, and auto accessories.
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
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