Motorcycle, Bike & Parts Manufacturing in Canada - Industry Market Research Report
Motorcycle, Bike & Parts Manufacturing in Canada
The Motorcycle, Bike and Parts Manufacturing industry in Canada has contracted over the five years to 2019. The industry, being primarily focused on custom and high-end products, is closely tied to consumer income levels and confidence. Industry revenue experienced a moderate level of volatility due to favourable demographics and steady growth in consumer disposable income supporting the industry. Furthermore, profit margins experienced volatility during the period as exports' share of revenue affected growth. Over the five years to 2024, the industry is expected to grow. Operators are almost exclusively small independent custom fabricators that rely on specific demand trends. Similarly, almost all bicycle and bicycle parts manufacturing activity is done in low volume. As a result, industry revenue will continue to depend on the mass production of motorcycles.
The Motorcycle, Bike and Parts Manufacturing industry in Canada manufactures motorcycles, mopeds, scooters, bicycles or tricycles. It also includes operators 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.
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