$5.7bn
$XXX.Xm
9,102
366
$XXX.Xm
Motorcycle, bike and parts manufacturers produce a variety of two-wheeled rides and parts, including on-highway, off-highway and dual motorcycles, alongside scooters, bicycles and parts. While these vehicles offer transportation, consumers primarily purchase bikes and motorcycles for enjoyment and exercise, making them discretionary purchases for most consumers. As disposable income fell during COVID-19, demand also plummeted. Even as the economy recovered following the pandemic, manufacturers struggled with ballooning input costs. Larger manufacturers were able to pass on costs aiding in recovering demand and profitability; smaller companies severely struggled, leading to consolidation. Overall, revenue contracted at an expected CAGR of 2.2% to $6.7 billion through the current period, despite a 0.9% jump in 2024, where profit rebounded to 8.7%.
Industry revenue has declined at a CAGR of 5.3 % over the past five years, to reach an estimated $5.7bn in 2024.
Market size is projected to grow over the next five years.
Company | Market Share (%)
2024 | Revenue ($m)
2024 | Profit ($m)
2024 | Profit Margin (%)
2024 |
---|---|---|---|---|
Harley-Davidson, Inc. | 3,380.0 | 530.9 | 15.7 | |
Kawasaki Heavy Industries Ltd | 831.2 | 19.6 | 2.4 | |
Polaris Inc. | 521.2 | 40.4 | 7.8 |
To view the market share and analysis for all 8 top companies in this industry, view purchase options.
Industry revenue is measured across several distinct product and services lines, including On-highway motorcycles, Off-highway motorcycles and Dual motorcycles. On-highway motorcycles is the largest segment of the Motorcycle, Bike & Parts Manufacturing in the US.
Scooters provide fun and function for a low cost
This industry consists of businesses that manufacture motorcycles, mopeds, scooters, bicycles or tricycles. It also includes businesses that manufacture equipment and parts for these vehicles.
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NAICS 336991 - Motorcycle, Bike & Parts Manufacturing in the US
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Poor economic conditions have hindered growth. The pandemic and climbing interest rates have threatened stable growth for motorcycle, bike and parts manufacturers.
Learn about an industry's products and services, markets and trends in international trade.
Older consumers drive business. Baby boomers continue to ride motorcycles at a high rate, but as they age, manufacturers must shift their focus to a younger demographic.
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
Easy access to trade partners is paramount to manufacturers. Manufacturers operate most facilities near key trade routes.
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
Brand loyalty keeps competitors behind the most prominent manufacturers. Leading brands dominate domestic markets with consistent, high-quality riding experiences.
Learn about the performance of the top companies in the industry.
Harley-Davidson dominates the industry. Most consumers express strong brand loyalty and prefer the quality and prestige the brand carries.
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Manufacturers adhere to a wide range of highway safety and environmental regulations. Manufacturers must ensure safe roadway and off-road operation, depending on the model.
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Skyrocketing input costs and increased import penetration have pressured profit for most manufacturers. Large companies have leveraged brand reputations to generate robust re...
Including values and annual change:
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Key data sources in the US include:
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The market size of the Motorcycle, Bike & Parts Manufacturing in the US industry in United States is $5.7bn in 2024.
There are 366 businesses in the Motorcycle, Bike & Parts Manufacturing in the US industry in United States, which has declined at a CAGR of 1.8 % between 2019 and 2024.
The market size of the Motorcycle, Bike & Parts Manufacturing in the US industry in United States has been declining at a CAGR of 5.3 % between 2019 and 2024.
Over the next five years, the Motorcycle, Bike & Parts Manufacturing in the US industry in United States is expected to grow.
The biggest companies operating in the Motorcycle, Bike & Parts Manufacturing market in United States are Harley-Davidson, Inc., Kawasaki Heavy Industries Ltd and Polaris Inc.
Bicycles and parts and Motorcycles and parts are part of the Motorcycle, Bike & Parts Manufacturing in the US industry.
The company holding the most market share in United States is Harley-Davidson, Inc..
The level of competition is moderate and steady in the Motorcycle, Bike & Parts Manufacturing in the US industry in United States.