Adventure Motorcycle Market is segmented By Engine Capacity (500cc - 1000cc, Below 500cc, Above 1000cc), By Application (Touring Adventure, , Sports A....
Market Size in USD
CAGR5.7%
Study Period | 2024 - 2031 |
Base Year of Estimation | 2023 |
CAGR | 5.7% |
Market Concentration | High |
Major Players | KTM Sportmotorcycle Gmbh, BMW Group, Kawasaki Motors Corp., Benelli Q.J., YAMAHA Motor Pvt. Ltd |
The adventure motorcycle market is estimated to be valued at USD 15.3 Bn in 2024 and is expected to reach USD 22.55 Bn by 2031, growing at a compound annual growth rate (CAGR) of 5.7% from 2024 to 2031. The adventure motorcycle market has seen steady growth in recent years driven by increasing popularity of outdoor adventure sports.