The Motorcycle, Bike and Parts Manufacturing industry has experienced declining sales over the five years to 2016. A significant portion of the revenue decline is due to strong revenue growth in 2011, followed by a drastic decline in 2012 as the Canadian economy entered a brief recessionary period. As manufacturers of luxury goods, the effects of this period were particularly harmful to the industry. Since this decline, the industry has struggled to recover as the domestic manufacturing footprint diminished. Moving forward, industry revenue is expected to rebound over the next five years. Rising household incomes will improve demand for industry products and boost overall sales. However, the global motorcycle industry will remain highly competitive, with rising East Asian competitors joining the ranks of dominant international operators.
This industry manufactures motorcycles, mopeds, scooters, bicycles or tricycles. It also includes businesses that manufacture equipment and parts for these vehicles.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.