Global Super-Sport Motorcycle Market 2017-2021
About Super-Sport Motorcycle
Super-sport motorcycles are racing motorcycles that are intended to be street legal by their manufacturers. These motorcycles are typically light and nimble and usually have full body plastic faring. In terms of capability, these are very close to their racing counterparts (cars). Super-sport motorcycles come in various displacements, yet these usually vary between 600cc and 1,000cc.
Technavio’s analysts forecast the global super-sport motorcycle market to grow at a CAGR of 10.76% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global super-sport motorcycle market for 2017-2021. To calculate the market size, the report considers a mixed approach to understand and calculate the global super-sport motorcycle market size. There has been a usage of certain bottom-up techniques in some of the sub-segment calculations. These have been documented wherever applicable in the respective sections.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Super-Sport Motorcycle Market 2017-2021
Technavio recognizes the following companies as the key players in the global super-sport motorcycle market: Yamaha Motor Company, Kawasaki, Honda, and Ducati.
Other Prominent Vendors in the market are: Triumph, MV Agusta, United Motors Hypersports, Zero Motorcycles, Erik Buell Racing, BMW Motorrad, Victory Motorcycles, Suzuki, and KTM.
Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is use of IMU sensors in super-sport motorcycles. The inertial measurement unit (IMU) is an electronic device that is used to measure and report a motorcycle's specific force (the non-gravitational force per unit mass), angular velocity, and the changes in the magnetic field surrounding the motorcycle or specific parts of the motorcycle.”
According to the report, one of the major drivers for this market is increasing number of racing events to improve the adoption rates of super-sport motorcycles. The racing market is a key driver for the growth of the global super-sport motorcycle market. Hence, its performance directly affects the adoption of the same. The British Supersport Championship and the Supersport World Championship are some of the prominent international super-sport motorcycle racing events, and their growing coverage and viewership are critical for the market growth.
Further, the report states that one of the major factors hindering the growth of this market is rise of engine downsizing and lightweighting in super-sport bikes. The viewership for bike racing events depends on the noise, dirt, torque, and sheer adrenaline rush that a powerful bike can invoke. However, regulations by the governing bodies of super-sports championships have attempted to stifle the performances of bikes by engine downsizing and lightweighting over the years. These processes are aimed at reducing emissions, but they have affected the viewership to a considerable extent. They have also led to a decline in the revenue in terms of ticket sales and airtime.
Yamaha Motor Company, Kawasaki, Honda, Ducati, Triumph, MV Agusta, United Motors Hypersports, Zero Motorcycles, Erik Buell Racing, BMW Motorrad, Victory Motorcycles, Suzuki, and KTM.
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