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Adventure Motorcycle Market

Global Adventure Motorcycle Market Size, Share, Growth: By Engine Capacity: Less than 500 cc, 500-1,000cc, Above 1,000cc; By Application: Off-Road Market, Street Market; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis, Key Indicators for Demand, Key Indicators for Price; Competitive Landscape; 2024-2032

Global Adventure Motorcycle Market Outlook

The global adventure motorcycle market is expected to grow at a CAGR of 8.7% during the period 2024-2032. The market is expected to be driven by increased participation in sports and adventure activities; more people undertaking long distance journeys to spend some time alone, be with nature, explore, or just travel; rising number of motorcycling events organized or sponsored by motorcycle manufacturers; advancements in technology and motorcycle features; increase in long-distance touring in groups; and increased disposable income. North America, Europe and Asia are expected to be key markets.

 

Global Adventure Motorcycle Market

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Global Market Likely to be Driven by Increasing Number of People Taking to Long-distance Touring

Adventure motorcycles are multipurpose machines built for on and off-road riding. These bikes are characterized by long-travel suspension, sturdy and often fortified frames and powertrains, upright riding positions conducive to standing up on the pegs, generally spoked wheels in off-road-oriented sizes and full or partial sets of bodywork with tall windscreens, navigation towers, and other elements borrowed from Dakar-style rally raid bikes. Today, bikes are becoming available with increased off-road-oriented specifications of adventure models that come with hard luggage, extra crash protection, supplementary lighting, and other features.
 
Adventure bikes are becoming increasingly popular as these bikes offer almost everything that other motorbikes do, with more capabilities and practical uses. For example, adventure bikes can go off-road as well as provide easy and comfortable rides on the highway.

 

Middleweight Adventure Bikes Expected to Witness Growth

Middleweight adventure bikes is a growing segment as these bikes offer as enjoyable riding experiences as adventure bikes with larger engines, and are lighter and comparatively easy to handle. Middleweight bikes can also travel as far as the larger engine adventure bikes, and endure almost all terrains equally.  Thus, with slightly smaller engines, lighter weight, and almost equal capability, middleweight bikes are expected to see growth during the forecast period. Some popular middleweight bikes include:

Aprilia Tuareg 660 – 660cc parallel-twin engine drawn from the company’s RSV4 superbike (with half the cylinders). The engine is performance oriented. Aprilia employs the same engine in the RS660 and Tuono 660. However, the Tuareg employs a trellis frame instead of a beam frame.

KTM 890 Adventure R – Powered by an 889cc parallel-twin, which replaces the engine from the 790 Adventure series. The bike has an orange steel trellis, and several electronic features.

Ducati DesertX – The Ducati DesertX is particularly made for off-roading. The bike has a steel trellis frame and long-travel suspension at both ends (front, 9.1 inches; rear, 8.7 inches). The bike is powered by a 937cc V-twin that Ducati employs in many other models.

Triumph Tiger 900 Rally Pro – The bike carries a 888cc three-cylinder. It also has IMU-dependent traction control and cornering ABS, six ride modes, a quickshifter, and a 7-inch TFT display with Bluetooth connectivity.

Yamaha Ténéré 700 – The bike carries a 689cc parallel-twin, and offers significant power and a fun riding experience. The Ténéré 700 is a dirt-focused adventure bike with minimal street equipment.

 

Introduction of New, Appealing and Technologically Advanced Models Expected to Contribute to Growth of Global Adventure Motorcycle Market

New rider-focused designs and technologically advanced models are expected to boost the market. For example, in 2021, KTM North America, Inc. introduced its 2023 lineup of ADVENTURE motorcycles, including the all-new flagship models, the KTM 1290 SUPER ADVENTURE S and KTM 1290 SUPER ADVENTURE R. In 2021, BMW Motorrad India launched the new BMW R 1250 GS and BMW R 1250 GS Adventure motorcycles in India. Both models would be available as as Completely Built-up Units (CBU).

 

Market Segmentation

 

Global Adventure Motorcycle Market by Segments

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By engine capacity, the market is classified into:

  • Less than 500 cc
  • 500-1,000cc
  • Above 1,000cc

By application, the market is segmented into:

  • Off-Road Market
  • Street Market

By region, the market is classified into:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

 

Global Adventure Motorcycle Market by Region

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Key Industry Players in the Global Adventure Motorcycle Market

The report presents a detailed analysis of the following key players in the market, looking into their capacity, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

  • KTM AG
  • BMW AG
  • Ducati Motor Holding S.p.A.
  • Yamaha Motor Co., Ltd.
  • Kawasaki Motors, Ltd.
  • Honda Motor Company, Ltd.
  • Benelli Q.J.
  • Eicher Motors Limited
  • Others

The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.

 

Key Highlights of the Report

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:

  • Engine Capacity
  • Application
  • Region
Breakup by Engine Capacity
  • Less than 500 cc
  • 500-1,000cc
  • Above 1,000cc
Breakup by Application
  • Off-Road Market
  • Street Market
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT
  • Porter's Five Forces
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • KTM AG
  • BMW AG
  • Ducati Motor Holding S.p.A.
  • Yamaha Motor Co., Ltd.
  • Kawasaki Motors, Ltd.
  • Honda Motor Company, Ltd.
  • Benelli Q.J.
  • Eicher Motors Limited
  • Others
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.

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Opportunities and Challenges in the Market
8    Global Adventure Motorcycle Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Adventure Motorcycle Historical Market (2018-2023) 
    8.3    Global Adventure Motorcycle Market Forecast (2024-2032)
    8.4    Global Adventure Motorcycle Market by Engine Capacity
        8.4.1    Less than 500 cc
            8.4.1.1    Historical Trend (2018-2023)
            8.4.1.2    Forecast Trend (2024-2032)    
        8.4.2    500-1,000cc
            8.4.2.1    Historical Trend (2018-2023)
            8.4.2.2    Forecast Trend (2024-2032)
        8.4.3    Above 1,000cc
            8.4.3.1    Historical Trend (2018-2023)
            8.4.3.2    Forecast Trend (2024-2032)
    8.5    Global Adventure Motorcycle Market by Application
        8.5.1    Off-Road Market
            8.5.1.1    Historical Trend (2018-2023)
            8.5.1.2    Forecast Trend (2024-2032)
        8.5.2    Street Market
            8.5.2.1    Historical Trend (2018-2023)
            8.5.2.2    Forecast Trend (2024-2032)    
    8.6    Global Adventure Motorcycle Market by Region
        8.6.1    North America
            8.6.1.1    Historical Trend (2018-2023) 
            8.6.1.2    Forecast Trend (2024-2032)
        8.6.2    Europe
            8.6.2.1    Historical Trend (2018-2023) 
            8.6.2.2    Forecast Trend (2024-2032)
        8.6.3    Asia Pacific
            8.6.3.1    Historical Trend (2018-2023)
            8.6.3.2    Forecast Trend (2024-2032)
        8.6.4    Latin America
            8.6.4.1    Historical Trend (2018-2023) 
            8.6.4.2    Forecast Trend (2024-2032)
        8.6.5    Middle East and Africa
            8.6.5.1    Historical Trend (2018-2023) 
            8.6.5.2    Forecast Trend (2024-2032)
9    North America Adventure Motorcycle Market Analysis
    9.1    United States of America 
        9.1.1    Historical Trend (2018-2023) 
        9.1.2    Forecast Trend (2024-2032)
    9.2    Canada
        9.2.1    Historical Trend (2018-2023) 
        9.2.2    Forecast Trend (2024-2032)
10    Europe Adventure Motorcycle Market Analysis
    10.1    United Kingdom
        10.1.1    Historical Trend (2018-2023) 
        10.1.2    Forecast Trend (2024-2032)
    10.2    Germany
        10.2.1    Historical Trend (2018-2023) 
        10.2.2    Forecast Trend (2024-2032)
    10.3    France
        10.3.1    Historical Trend (2018-2023) 
        10.3.2    Forecast Trend (2024-2032)
    10.4    Italy
        10.4.1    Historical Trend (2018-2023) 
        10.4.2    Forecast Trend (2024-2032)
    10.5    Others
11    Asia Pacific Adventure Motorcycle Market Analysis
    11.1    China
        11.1.1    Historical Trend (2018-2023) 
        11.1.2    Forecast Trend (2024-2032)
    11.2    Japan
        11.2.1    Historical Trend (2018-2023) 
        11.2.2    Forecast Trend (2024-2032)
    11.3    India
        11.3.1    Historical Trend (2018-2023) 
        11.3.2    Forecast Trend (2024-2032)
    11.4    ASEAN
        11.4.1    Historical Trend (2018-2023) 
        11.4.2    Forecast Trend (2024-2032)
    11.5    Australia
        11.5.1    Historical Trend (2018-2023) 
        11.5.2    Forecast Trend (2024-2032)
    11.6    Others
12    Latin America Adventure Motorcycle Market Analysis
    12.1    Brazil
        12.1.1    Historical Trend (2018-2023) 
        12.1.2    Forecast Trend (2024-2032)
    12.2    Argentina
        12.2.1    Historical Trend (2018-2023) 
        12.2.2    Forecast Trend (2024-2032)
    12.3    Mexico
        12.3.1    Historical Trend (2018-2023) 
        12.3.2    Forecast Trend (2024-2032)
    12.4    Others
13    Middle East and Africa Adventure Motorcycle Market Analysis
    13.1    Saudi Arabia
        13.1.1    Historical Trend (2018-2023) 
        13.1.2    Forecast Trend (2024-2032)
    13.2    United Arab Emirates
        13.2.1    Historical Trend (2018-2023) 
        13.2.2    Forecast Trend (2024-2032)
    13.3    Nigeria
        13.3.1    Historical Trend (2018-2023) 
        13.3.2    Forecast Trend (2024-2032)
    13.4    South Africa
        13.4.1    Historical Trend (2018-2023) 
        13.4.2    Forecast Trend (2024-2032)
    13.5    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Competitive Landscape
    15.1    Market Structure
    15.2    Company Profiles
        15.2.1    KTM AG
            15.2.1.1    Company Overview
            15.2.1.2    Product Portfolio
            15.2.1.3    Demographic Reach and Achievements
            15.2.1.4    Certifications
        15.2.2    BMW AG
            15.2.2.1    Company Overview
            15.2.2.2    Product Portfolio
            15.2.2.3    Demographic Reach and Achievements
            15.2.2.4    Certifications
        15.2.3    Ducati Motor Holding S.p.A.
            15.2.3.1    Company Overview
            15.2.3.2    Product Portfolio
            15.2.3.3    Demographic Reach and Achievements
            15.2.3.4    Certifications
        15.2.4    Yamaha Motor Co., Ltd.
            15.2.4.1    Company Overview
            15.2.4.2    Product Portfolio
            15.2.4.3    Demographic Reach and Achievements
            15.2.4.4    Certifications
        15.2.5    Kawasaki Motors, Ltd.
            15.2.5.1    Company Overview
            15.2.5.2    Product Portfolio
            15.2.5.3    Demographic Reach and Achievements
            15.2.5.4    Certifications
        15.2.6    Honda Motor Company, Ltd.
            15.2.6.1    Company Overview
            15.2.6.2    Product Portfolio
            15.2.6.3    Demographic Reach and Achievements
            15.2.6.4    Certifications
        15.2.7    Benelli Q.J.
            15.2.7.1    Company Overview
            15.2.7.2    Product Portfolio
            15.2.7.3    Demographic Reach and Achievements
            15.2.7.4    Certifications
        15.2.8    Eicher Motors Limited
            15.2.8.1    Company Overview
            15.2.8.2    Product Portfolio
            15.2.8.3    Demographic Reach and Achievements
            15.2.8.4    Certifications
        15.2.9    Others
16    Key Trends and Developments in the Market

 

List of Figures and Tables

1.    Global Adventure Motorcycle Market: Key Industry Highlights, 2018 and 2032
2.    Global Adventure Motorcycle Historical Market: Breakup by Engine Capacity (USD Million), 2018-2023
3.    Global Adventure Motorcycle Market Forecast: Breakup by Engine Capacity (USD Million), 2024-2032
4.    Global Adventure Motorcycle Historical Market: Breakup by Application (USD Million), 2018-2023
5.    Global Adventure Motorcycle Market Forecast: Breakup by Application (USD Million), 2024-2032
6.    Global Adventure Motorcycle Historical Market: Breakup by Region (USD Million), 2018-2023
7.    Global Adventure Motorcycle Market Forecast: Breakup by Region (USD Million), 2024-2032
8.    North America Adventure Motorcycle Historical Market: Breakup by Country (USD Million), 2018-2023
9.    North America Adventure Motorcycle Market Forecast: Breakup by Country (USD Million), 2024-2032
10.    Europe Adventure Motorcycle Historical Market: Breakup by Country (USD Million), 2018-2023
11.    Europe Adventure Motorcycle Market Forecast: Breakup by Country (USD Million), 2024-2032
12.    Asia Pacific Adventure Motorcycle Historical Market: Breakup by Country (USD Million), 2018-2023
13.    Asia Pacific Adventure Motorcycle Market Forecast: Breakup by Country (USD Million), 2024-2032
14.    Latin America Adventure Motorcycle Historical Market: Breakup by Country (USD Million), 2018-2023
15.    Latin America Adventure Motorcycle Market Forecast: Breakup by Country (USD Million), 2024-2032
16.    Middle East and Africa Adventure Motorcycle Historical Market: Breakup by Country (USD Million), 2018-2023
17.    Middle East and Africa Adventure Motorcycle Market Forecast: Breakup by Country (USD Million), 2024-2032
18.    Global Adventure Motorcycle Market Structure

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