Cruiser Bikes Market to grow by USD 15.49 Bn by 2026, Rising Demand From Customers For Technologically Advanced Motorbikes to Boost Market Growth - Technavio

NEW YORK, Nov. 2, 2022 /PRNewswire/ -- The Cruiser Bikes Market report has been added to Technavio's offering. With ISO 9001:2015 certification, Technavio is proudly partnering with more than 100 Fortune 500 companies for over 16 years. The potential growth difference for the cruiser bikes market between 2021 and 2026 is USD 15.49 billion. 48% of the growth originated from North America. Request Free Sample Report.

Key Market Dynamics:

• Market Driver
• The rising consumer demand for technologically advanced motorcycles is one of the main factors boosting the market for cruiser bikes. The most popular mode of transportation for getting from one place to another is a motorcycle, including cruiser bikes. While an increasing number of manufacturers, like Honda Motor Company, are adding features like navigation systems, other businesses are creating bikes that will give riders a better driving experience.
• Additionally, by incorporating state-of-the-art sensor systems and AI technologies, cruiser bike manufacturers will be able to offer features that will meet the needs of both experienced and inexperienced riders. The increased interest in technologically advanced bikes is anticipated to fuel the expansion of the global cruiser bikes market.
• Market Challenges
• During the forecast period, the cruiser bikes market will face significant challenges due to the faulty components, subpar construction, and problematic designs associated with these bikes. Due to complaints from customers that the suspension and chassis of these bikes have not been tuned enough for roads with potholes, Harley Davidson is unable to successfully market its cruiser bikes in some nations, such as India. The most obvious issues that prevent Harley Davidson from selling its cruiser bikes in developing nations like India are faulty brakes and burned clutch plates. Most cruiser bikes only have one speed, making them extremely slow even though they are easy to ride. Therefore, these elements may limit the market's ability to expand.

• Engine capacity 
• More than 1000 cc 
• Larger cylinders found in cruiser bikes with higher cubic capacity boost their capacity to ingest fuel and air. High cubic centimeter capacity (cc), such as more than 1000, provides the rider with more power and torque at lower engine speeds, resulting in more power and flexibility with gear changes. Harley-Davidson, Triumph Motorcycle, Ducati, and other well-known manufacturers sell cruiser bikes of greater than 1000cc. Due to the rising popularity of touring activities among people all over the world and the consumer's increasing demand for more power and torque, the market for cruiser bikes with engines larger than 1000cc is expected to grow. Hence, such factors are expected to drive the growth of the market
• Less than 500 cc
• 501 cc to 1000 cc
• Geography 
• North America 
• North America will contribute 48% of market growth. The main markets for cruiser bikes in North America are the US and Canada. The expansion of the cruiser bikes market in North America will be driven by rising consumer desire for technologically sophisticated motorcycles, improvements in rider safety, rising consumer per capita income, and rising demand for advanced motorcycle accessories.
• Europe
• APAC
• Middle East and Africa
• South America

The leading vendors compete by offering electrostatic precipitator systems with advanced technologies and features. Vendors are trying to increase their market share by adopting strategies such as mergers and acquisitions. Therefore, competition in the market is expected to increase during the forecast period.

• Bajaj Auto Ltd.
• Bayerische Motoren Werke AG
• Classic Legends Pvt. Ltd.
• Eicher Motors Ltd.
• Harley Davidson Inc.
• Hero MotoCorp Ltd.
• Honda Motor Co. Ltd.
• Kawasaki Heavy Industries Ltd.
• KLB KOMAKI PVT LTD
• Lifan Technology Group Co. Ltd.
• LVMC Holdings Co. Ltd.
• Piaggio and C. Spa
• Polaris Inc.
• Suzuki Motor Corp.
• Triumph Motorcycles Ltd.

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Key Topics Covered:

1 Executive Summary

• 1.1 Market Overview 
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Engine Capacity
• Exhibit 06: Executive Summary – Chart on Incremental Growth
• Exhibit 07: Executive Summary – Data Table on Incremental Growth
• Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem 
• Exhibit 09: Parent market
• Exhibit 10: Market Characteristics

3 Market Sizing

• 3.1 Market definition 
• Exhibit 11: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 12: Market segments

• 3.3 Market size 2021

• 3.4 Market outlook: Forecast for 2021-2026 
• Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
• Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
• Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
• Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

• 4.1 Five forces summary 
• Exhibit 17: Five forces analysis - Comparison between 2021 and 2026

• 4.2 Bargaining power of buyers 
• Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026

• 4.3 Bargaining power of suppliers 
• Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026

• 4.4 Threat of new entrants 
• Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026

• 4.5 Threat of substitutes 
• Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026

• 4.6 Threat of rivalry 
• Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026

• 4.7 Market condition 
• Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Engine Capacity

• 5.1 Market segments 
• Exhibit 24: Chart on Engine Capacity - Market share 2021-2026 (%)
• Exhibit 25: Data Table on Engine Capacity - Market share 2021-2026 (%)

• 5.2 Comparison by Engine Capacity 
• Exhibit 26: Chart on Comparison by Engine Capacity
• Exhibit 27: Data Table on Comparison by Engine Capacity

• 5.3 More than 1000 cc - Market size and forecast 2021-2026
• Exhibit 28: Chart on More than 1000 cc - Market size and forecast 2021-2026 ($ million)
• Exhibit 29: Data Table on More than 1000 cc - Market size and forecast 2021-2026 ($ million)
• Exhibit 30: Chart on More than 1000 cc - Year-over-year growth 2021-2026 (%)
• Exhibit 31: Data Table on More than 1000 cc - Year-over-year growth 2021-2026 (%)

• 5.4 Less than 500 cc - Market size and forecast 2021-2026
• Exhibit 32: Chart on Less than 500 cc - Market size and forecast 2021-2026 ($ million)
• Exhibit 33: Data Table on Less than 500 cc - Market size and forecast 2021-2026 ($ million)
• Exhibit 34: Chart on Less than 500 cc - Year-over-year growth 2021-2026 (%)
• Exhibit 35: Data Table on Less than 500 cc - Year-over-year growth 2021-2026 (%)

• 5.5 501 cc to 1000 cc - Market size and forecast 2021-2026
• Exhibit 36: Chart on 501 cc to 1000 cc - Market size and forecast 2021-2026 ($ million)
• Exhibit 37: Data Table on 501 cc to 1000 cc - Market size and forecast 2021-2026 ($ million)
• Exhibit 38: Chart on 501 cc to 1000 cc - Year-over-year growth 2021-2026 (%)
• Exhibit 39: Data Table on 501 cc to 1000 cc - Year-over-year growth 2021-2026 (%)

• 5.6 Market opportunity by Engine Capacity 
• Exhibit 40: Market opportunity by Engine Capacity ($ million)

6 Customer Landscape

• 6.1 Customer landscape overview 
• Exhibit 41: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

• 7.1 Geographic segmentation 
• Exhibit 42: Chart on Market share by geography 2021-2026 (%)
• Exhibit 43: Data Table on Market share by geography 2021-2026 (%)

• 7.2 Geographic comparison 
• Exhibit 44: Chart on Geographic comparison
• Exhibit 45: Data Table on Geographic comparison

• 7.3 North America - Market size and forecast 2021-2026
• Exhibit 46: Chart on North America - Market size and forecast 2021-2026 ($ million)
• Exhibit 47: Data Table on North America - Market size and forecast 2021-2026 ($ million)
• Exhibit 48: Chart on North America - Year-over-year growth 2021-2026 (%)
• Exhibit 49: Data Table on North America - Year-over-year growth 2021-2026 (%)

• 7.4 Europe - Market size and forecast 2021-2026
• Exhibit 50: Chart on Europe - Market size and forecast 2021-2026 ($ million)
• Exhibit 51: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
• Exhibit 52: Chart on Europe - Year-over-year growth 2021-2026 (%)
• Exhibit 53: Data Table on Europe - Year-over-year growth 2021-2026 (%)

• 7.5 APAC - Market size and forecast 2021-2026
• Exhibit 54: Chart on APAC - Market size and forecast 2021-2026 ($ million)
• Exhibit 55: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
• Exhibit 56: Chart on APAC - Year-over-year growth 2021-2026 (%)
• Exhibit 57: Data Table on APAC - Year-over-year growth 2021-2026 (%)

• 7.6 Middle East and Africa - Market size and forecast 2021-2026 
• Exhibit 58: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
• Exhibit 59: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
• Exhibit 60: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
• Exhibit 61: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)

• 7.7 South America - Market size and forecast 2021-2026
• Exhibit 62: Chart on South America - Market size and forecast 2021-2026 ($ million)
• Exhibit 63: Data Table on South America - Market size and forecast 2021-2026 ($ million)
• Exhibit 64: Chart on South America - Year-over-year growth 2021-2026 (%)
• Exhibit 65: Data Table on South America - Year-over-year growth 2021-2026 (%)

• 7.8 US - Market size and forecast 2021-2026
• Exhibit 66: Chart on US - Market size and forecast 2021-2026 ($ million)
• Exhibit 67: Data Table on US - Market size and forecast 2021-2026 ($ million)
• Exhibit 68: Chart on US - Year-over-year growth 2021-2026 (%)
• Exhibit 69: Data Table on US - Year-over-year growth 2021-2026 (%)

• 7.9 France - Market size and forecast 2021-2026
• Exhibit 70: Chart on France - Market size and forecast 2021-2026 ($ million)
• Exhibit 71: Data Table on France - Market size and forecast 2021-2026 ($ million)
• Exhibit 72: Chart on France - Year-over-year growth 2021-2026 (%)
• Exhibit 73: Data Table on France - Year-over-year growth 2021-2026 (%)

• 7.10 UK - Market size and forecast 2021-2026
• Exhibit 74: Chart on UK - Market size and forecast 2021-2026 ($ million)
• Exhibit 75: Data Table on UK - Market size and forecast 2021-2026 ($ million)
• Exhibit 76: Chart on UK - Year-over-year growth 2021-2026 (%)
• Exhibit 77: Data Table on UK - Year-over-year growth 2021-2026 (%)

• 7.11 Canada - Market size and forecast 2021-2026
• Exhibit 78: Chart on Canada - Market size and forecast 2021-2026 ($ million)
• Exhibit 79: Data Table on Canada - Market size and forecast 2021-2026 ($ million)
• Exhibit 80: Chart on Canada - Year-over-year growth 2021-2026 (%)
• Exhibit 81: Data Table on Canada - Year-over-year growth 2021-2026 (%)

• 7.12 India - Market size and forecast 2021-2026
• Exhibit 82: Chart on India - Market size and forecast 2021-2026 ($ million)
• Exhibit 83: Data Table on India - Market size and forecast 2021-2026 ($ million)
• Exhibit 84: Chart on India - Year-over-year growth 2021-2026 (%)
• Exhibit 85: Data Table on India - Year-over-year growth 2021-2026 (%)

• 7.13 Market opportunity by geography 
• Exhibit 86: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

• 8.1 Market drivers

• 8.2 Market challenges

• 8.3 Impact of drivers and challenges 
• Exhibit 87: Impact of drivers and challenges in 2021 and 2026

• 8.4 Market trends

9 Vendor Landscape

• 9.1 Overview

• 9.2 Vendor landscape 
• Exhibit 88: Overview on Criticality of inputs and Factors of differentiation

• 9.3 Landscape disruption 
• Exhibit 89: Overview on factors of disruption

• 9.4 Industry risks 
• Exhibit 90: Impact of key risks on business

10 Vendor Analysis

• 10.1 Vendors covered 
• Exhibit 91: Vendors covered

• 10.2 Market positioning of vendors 
• Exhibit 92: Matrix on vendor position and classification

• 10.3 Bayerische Motoren Werke AG 
• Exhibit 93: Bayerische Motoren Werke AG - Overview
• Exhibit 94: Bayerische Motoren Werke AG - Business segments
• Exhibit 95: Bayerische Motoren Werke AG - Key news
• Exhibit 96: Bayerische Motoren Werke AG - Key offerings
• Exhibit 97: Bayerische Motoren Werke AG - Segment focus

• 10.4 Harley Davidson Inc. 
• Exhibit 98: Harley Davidson Inc. - Overview
• Exhibit 99: Harley Davidson Inc. - Business segments
• Exhibit 100: Harley Davidson Inc. - Key news
• Exhibit 101: Harley Davidson Inc. - Key offerings
• Exhibit 102: Harley Davidson Inc. - Segment focus

• 10.5 Hero MotoCorp Ltd. 
• Exhibit 103: Hero MotoCorp Ltd. - Overview
• Exhibit 104: Hero MotoCorp Ltd. - Product / Service
• Exhibit 105: Hero MotoCorp Ltd. - Key offerings

• 10.6 Honda Motor Co. Ltd. 
• Exhibit 106: Honda Motor Co. Ltd. - Overview
• Exhibit 107: Honda Motor Co. Ltd. - Business segments
• Exhibit 108: Honda Motor Co. Ltd. - Key news
• Exhibit 109: Honda Motor Co. Ltd. - Key offerings
• Exhibit 110: Honda Motor Co. Ltd. - Segment focus

• 10.7 Kawasaki Heavy Industries Ltd. 
• Exhibit 111: Kawasaki Heavy Industries Ltd. - Overview
• Exhibit 112: Kawasaki Heavy Industries Ltd. - Business segments
• Exhibit 113: Kawasaki Heavy Industries Ltd. - Key news
• Exhibit 114: Kawasaki Heavy Industries Ltd. - Key offerings
• Exhibit 115: Kawasaki Heavy Industries Ltd. - Segment focus

• 10.8 Piaggio and C. Spa 
• Exhibit 116: Piaggio and C. Spa - Overview
• Exhibit 117: Piaggio and C. Spa - Business segments
• Exhibit 118: Piaggio and C. Spa - Key offerings
• Exhibit 119: Piaggio and C. Spa - Segment focus

• 10.9 Suzuki Motor Corp. 
• Exhibit 120: Suzuki Motor Corp. - Overview
• Exhibit 121: Suzuki Motor Corp. - Business segments
• Exhibit 122: Suzuki Motor Corp. - Key offerings
• Exhibit 123: Suzuki Motor Corp. - Segment focus

• 10.10 Triumph Motorcycles Ltd. 
• Exhibit 124: Triumph Motorcycles Ltd. - Overview
• Exhibit 125: Triumph Motorcycles Ltd. - Product / Service
• Exhibit 126: Triumph Motorcycles Ltd. - Key offerings

• 10.11 Volkswagen AG 
• Exhibit 127: Volkswagen AG - Overview
• Exhibit 128: Volkswagen AG - Business segments
• Exhibit 129: Volkswagen AG - Key offerings
• Exhibit 130: Volkswagen AG - Segment focus

• 10.12 Yamaha Motor Co. Ltd. 
• Exhibit 131: Yamaha Motor Co. Ltd. - Overview
• Exhibit 132: Yamaha Motor Co. Ltd. - Business segments
• Exhibit 133: Yamaha Motor Co. Ltd. - Key news
• Exhibit 134: Yamaha Motor Co. Ltd. - Key offerings
• Exhibit 135: Yamaha Motor Co. Ltd. - Segment focus

11 Appendix

• 11.1 Scope of the report

• 11.2 Inclusions and exclusions checklist 
• Exhibit 136: Inclusions checklist
• Exhibit 137: Exclusions checklist

• 11.3 Currency conversion rates for US$ 
• Exhibit 138: Currency conversion rates for US$

• 11.4 Research methodology 
• Exhibit 139: Research methodology
• Exhibit 140: Validation techniques employed for market sizing
• Exhibit 141: Information sources

• 11.5 List of abbreviations 
• Exhibit 142: List of abbreviations

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact
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Website: www.technavio.com/

SOURCE Technavio

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