
Motorcycles in Turkey
Description
Motorcycles in Turkey
Summary
Motorcycles in Turkey industry profile provides top-line qualitative and quantitative summary information including: market size (value 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
Summary
Motorcycles in Turkey industry profile provides top-line qualitative and quantitative summary information including: market size (value 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- Motorcycles market includes all on- and off-road motorcycles including scooters and mopeds. Mopeds are two-wheeled vehicles with an engine capacity of less than 50cc. They are generally equipped for both motorized and non-motorized propulsion and have a restricted maximum speed. Any powered two-wheeler that is not a moped is classified as a motorcycle (The term 'scooter' refers to a two-wheeler of any capacity that has its engine as part of the rear suspension and/or has a step-through chassis. Depending on its engine capacity, a scooter may be classified as either a moped or a motorcycle).
- The Turkish motorcycles market recorded revenues of $3,007.9 million in 2024, representing a compound annual growth rate (CAGR) of 30.5% between 2019 and 2024.
- Market consumption volume increased with a CAGR of 58% between 2019 and 2024, reaching a total of 1,182.5 thousand units in 2024.
- The growth of the Turkish motorcycles market volume in 2024 was primarily driven by the increase in disposable income. Rising wages boosted motorcycle purchasing, resulting in increased vehicle registrations and a shift from public transport to personal mobility among a broader population. According to the Turkish Statistical Institute (TURKSTAT), in 2024, the mean annual household disposable income in Turkey reached TRY374,899 ($11,402.7), marking a 106.9% increase over 2023.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the motorcycles market in Turkey
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the motorcycles market in Turkey
- Leading company profiles reveal details of key motorcycles market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Turkey motorcycles market with five year forecasts
- What was the size of the Turkey motorcycles market by value in 2024?
- What will be the size of the Turkey motorcycles market in 2029?
- What factors are affecting the strength of competition in the Turkey motorcycles market?
- How has the market performed over the last five years?
- What are the main segments that make up Turkey's motorcycles market?
Table of Contents
44 Pages
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Market volume
- 1.4. Market volume forecast
- 1.5. Category segmentation
- 1.6. Geography segmentation
- 1.7. Market rivalry
- 1.8. Competitive landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 3.2. Market volume
- 4 Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 5 Market Outlook
- 5.1. Market value forecast
- 5.2. Market volume forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Who are the leading players in the market?
- 7.2. What strategies do the leading players follow?
- 7.3. What are the strengths of the leading players?
- 7.4. What are the recent developments in the market?
- 8 Company Profiles
- 8.1. TVS Motor Co Ltd
- 8.2. Honda Motor Co Ltd
- 8.3. Yamaha Motor Co Ltd
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related MarketLine research
- 10.4. About MarketLine
- List of Tables
- Table 1: Turkey motorcycles market value: $ million, 2019-24
- Table 2: Turkey motorcycles market volume: thousand units, 2019-24
- Table 3: Turkey motorcycles market category segmentation: % share, by value, 2019-24
- Table 4: Turkey motorcycles market category segmentation: $ million, 2019-24
- Table 5: Turkey motorcycles market geography segmentation: $ million, 2024
- Table 6: Turkey motorcycles market value forecast: $ million, 2024-29
- Table 7: Turkey motorcycles market volume forecast: thousand units, 2024-29
- Table 8: TVS Motor Co Ltd: Key Facts
- Table 9: TVS Motor Co Ltd: Annual Financial Ratios
- Table 10: TVS Motor Co Ltd: Key Employees
- Table 11: Honda Motor Co Ltd: Key Facts
- Table 12: Honda Motor Co Ltd: Annual Financial Ratios
- Table 13: Honda Motor Co Ltd: Key Employees
- Table 14: Yamaha Motor Co Ltd: Key Facts
- Table 15: Yamaha Motor Co Ltd: Annual Financial Ratios
- Table 16: Yamaha Motor Co Ltd: Key Employees
- Table 17: Yamaha Motor Co Ltd: Key Employees Continued
- Table 18: Turkey Size of Population (Million), 2020-24
- Table 19: Turkey Real GDP (Constant 2010 Prices, $ Billion), 2020-24
- Table 20: Turkey GDP (Current Prices, $ Billion), 2020-24
- Table 21: Turkey Inflation, 2020-24
- Table 22: Turkey Consumer Price Index (Absolute), 2020-24
- Table 23: Turkey Exchange Rate, 2019-24
- List of Figures
- Figure 1: Turkey motorcycles market value: $ million, 2019-24
- Figure 2: Turkey motorcycles market volume: thousand units, 2019-24
- Figure 3: Turkey motorcycles market category segmentation: $ million, 2019-24
- Figure 4: Turkey motorcycles market geography segmentation: % share, by value, 2024
- Figure 5: Turkey motorcycles market value forecast: $ million, 2024-29
- Figure 6: Turkey motorcycles market volume forecast: thousand units, 2024-29
- Figure 7: Forces driving competition in the motorcycles market in Turkey, 2024
- Figure 8: Drivers of buyer power in the motorcycles market in Turkey, 2024
- Figure 9: Drivers of supplier power in the motorcycles market in Turkey, 2024
- Figure 10: Factors influencing the likelihood of new entrants in the motorcycles market in Turkey, 2024
- Figure 11: Factors influencing the threat of substitutes in the motorcycles market in Turkey, 2024
- Figure 12: Drivers of degree of rivalry in the motorcycles market in Turkey, 2024
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