Urbanization and the rise of last-mile delivery solutions are propelling the motorcycle market to new heights. The motorcycle industry, valued at USD 73.22 billion in 2024, is projected to surpass USD 123.52 billion by 2032, fueled by electric mobility, hybrid motorcycles, and smart fleet management technologies. Industrial enterprises increasingly adopt these motorcycles for warehouse operations, logistics, and urban transport, seeking cost-efficient, environmentally friendly solutions.
Motorcycles overview
Published by MMR Statistics Research Team, Updated