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Global Dirt Bike Market to reach USD 16.74 billion by the end of 2030

Global Dirt Bike Market Size study & Forecast, by Type (Motocross Motorcycle, Enduro Motorcycle, Trail Motorcycle, Track-racing Motorcycle), by Propulsion Type (ICE, Electric), by Application (Commercial, Personal, Industrial, Others), by Price Range (Low to Mid, High) and Regional Analysis, 2023-2030

Product Code: OIRCGS-54932793
Publish Date: 20-07-2023
Page: 200

Global Dirt Bike Market is valued approximately at USD 9.74 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 7.0% over the forecast period 2023-2030. The Dirt Bikes Market encompasses the production and sale of off-road motorcycles specifically designed for use on unpaved surfaces. These specialized bikes cater to the needs of off-road enthusiasts and riders seeking thrilling adventures in rugged terrains. The Dirt bike market is expanding because of factors such as rising demand in sports industry and increasing demand for electric off-road vehicles.

According to Statista in 2023, the electric off-road vehicle market is estimated to reach USD 250 million by 2027, experiencing significant growth from USD 115 million in 2020. The increasing demand in the sports industry influence the Dirt Bikes Market by the need for off-road motorcycles used in various sports and adventure activities. According to the Statista in 2021, the global sports industry revenue is projected to experience significant growth, with an estimated revenue of around USD 355 billion. The industry is expected to experience a remarkable compound annual growth rate of 41.3 percent from 2021 to 2022.Furthermore, by 2026, the global sports market is projected to exceed USD 700 billion. In addition, rising focus on off road vehicles by automobile industry and rising technological advancements in dirt bike would create a lucrative growth opportunity. However, high purchase and maintenance cost stifles market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Dirt Bike Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market during the forecast period owing to the, rising demand for sports and adventure activities. Furthermore, the region’s strong motorsports culture and a high desire for off-road recreational activities contribute to the market’s demand in this region. Asia Pacific is expected to be the fastest growing region during the forecast period, owing to factors such as, rise in disposable income and the growing popularity of recreational activities in the region.

Major market player included in this report are:
Honda Motor Co., Ltd.
Husqvarna motorcycles
Kawasaki Heavy Industries, Ltd.
Piaggio & C. SpA
SSR Motorsports
Suzuki Motor Corporation
Yamaha Corporation
Zero Motorcycles, Inc.
Kronreif & Trunkenpolz Mattighofen AG
Bayerische Motoren Werke Aktiengesellschaft AG

Recent Developments in the Market:
Ø In June 2023, India Kawasaki Motors Pvt. Ltd. is set to launch the highly anticipated MY23 KX250, a more powerful dirt bike model with its distinct “Lime Green” color option, the KX250 further elevates its appeal and brand recognition.

Global Dirt Bike Market Report Scope:
ü Historical Data – 2020 – 2021
ü Base Year for Estimation – 2022
ü Forecast period – 2023-2030
ü Report Coverage – Revenue forecast, Company Ranking, Competitive Landscape, Trends
ü Segments Covered – Type, Propulsion Type, Application, Price Range, Region
ü Regional Scope – North America; Europe; Asia Pacific; Latin America; Middle East & Africa
ü Customization Scope – Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Type:
Motocross Motorcycle
Enduro Motorcycle
Trail Motorcycle
Track-racing Motorcycle

By Propulsion Type:

By Application:

By Price Range:
Low to Mid

By Region:

North America


Asia Pacific
South Korea

Latin America

Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
1.2.1. Dirt bike Market, by region, 2020-2030 (USD Billion)
1.2.2. Dirt Bike Market, by Type, 2020-2030 (USD Billion)
1.2.3. Dirt Bike Market, by Propulsion Type, 2020-2030 (USD Billion)
1.2.4. Dirt bike Market, by Application, 2020-2030 (USD Billion)
1.2.5. Dirt bike Market, by Price Range, 2020-2030 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Dirt Bike Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Industry Evolution
2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Dirt Bike Market Dynamics
3.1. Dirt Bike Market Impact Analysis (2020-2030)
3.1.1. Market Drivers Increasing demand in sports industry Increasing demand for electric off-road vehicles.
3.1.2. Market Challenges High purchase cost High Maintenance cost
3.1.3. Market Opportunities Rising focus on off road vehicles by automobile industry Rising technological advancements in Dirt Bike
Chapter 4. Global Dirt Bike Market: Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.2. Porter’s 5 Force Impact Analysis
4.3. PEST Analysis
4.3.1. Political
4.3.2. Economic
4.3.3. Social
4.3.4. Technological
4.3.5. Environmental
4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion
Chapter 5. Global Dirt Bike Market, by Type
5.1. Market Snapshot
5.2. Global Dirt Bike Market by Type , Performance – Potential Analysis
5.3. Global Dirt Bike Market Estimates & Forecasts by Type 2020-2030 (USD Billion)
5.4. Dirt Bike Market, Sub Segment Analysis
5.4.1. Motocross Motorcycle
5.4.2. Enduro Motorcycle
5.4.3. Trail Motorcycle
5.4.4. Track-racing Motorcycle
Chapter 6. Global Dirt Bike Market, by Propulsion Type
6.1. Market Snapshot
6.2. Global Dirt Bike Market by Propulsion Type, Performance – Potential Analysis
6.3. Global Dirt Bike Market Estimates & Forecasts by Propulsion Type 2020-2030 (USD Billion)
6.4. Dirt Bike Market, Sub Segment Analysis
6.4.1. ICE
6.4.2. Electric
Chapter 7. Global Dirt Bike Market, by Application
7.1. Market Snapshot
7.2. Global Dirt Bike Market by Application , Performance – Potential Analysis
7.3. Global Dirt Bike Market Estimates & Forecasts by Application 2020-2030 (USD Billion)
7.4. Dirt Bike Market, Sub Segment Analysis
7.4.1. Commercial
7.4.2. Personal
7.4.3. Industrial
7.4.4. Others
Chapter 8. Global Dirt Bike Market, by Price Range
8.1. Market Snapshot
8.2. Global Dirt Bike Market by Price Range , Performance – Potential Analysis
8.3. Global Dirt Bike Market Estimates & Forecasts by Price Range 2020-2030 (USD Billion)
8.4. Dirt Bike Market, Sub Segment Analysis
8.4.1. Low to Mid
8.4.2. High
Chapter 9. Global Dirt Bike Market, Regional Analysis
9.1. Top Leading Countries
9.2. Top Emerging Countries
9.3. Dirt Bike Market, Regional Market Snapshot
9.4. North America Dirt Bike Market
9.4.1. U.S. Dirt Bike Market Type breakdown estimates & forecasts, 2020-2030 Propulsion Type breakdown estimates & forecasts, 2020-2030 Application breakdown estimates & forecasts, 2020-2030 Price Range breakdown estimates & forecasts, 2020-2030
9.4.2. Canada Dirt Bike Market
9.5. Europe Dirt Bike Market Snapshot
9.5.1. U.K. Dirt Bike Market
9.5.2. Germany Dirt Bike Market
9.5.3. France Dirt Bike Market
9.5.4. Spain Dirt Bike Market
9.5.5. Italy Dirt Bike Market
9.5.6. Rest of Europe Dirt Bike Market
9.6. Asia-Pacific Dirt Bike Market Snapshot
9.6.1. China Dirt Bike Market
9.6.2. India Dirt Bike Market
9.6.3. Japan Dirt Bike Market
9.6.4. Australia Dirt Bike Market
9.6.5. South Korea Dirt Bike Market
9.6.6. Rest of Asia Pacific Dirt Bike Market
9.7. Latin America Dirt Bike Market Snapshot
9.7.1. Brazil Dirt Bike Market
9.7.2. Mexico Dirt Bike Market
9.8. Middle East & Africa Dirt Bike Market
9.8.1. Saudi Arabia Dirt Bike Market
9.8.2. South Africa Dirt Bike Market
9.8.3. Rest of Middle East & Africa Dirt Bike Market

Chapter 10. Competitive Intelligence
10.1. Key Company SWOT Analysis
10.1.1. Company 1
10.1.2. Company 2
10.1.3. Company 3
10.2. Top Market Strategies
10.3. Company Profiles
10.3.1. Honda Motor Co., Ltd. Key Information Overview Financial (Subject to Data Availability) Product Summary Recent Developments
10.3.2. Husqvarna motorcycles
10.3.3. Kawasaki Heavy Industries, Ltd.
10.3.4. Piaggio & C. SpA
10.3.5. SSR Motorsports
10.3.6. Suzuki Motor Corporation
10.3.7. Yamaha Corporation
10.3.8. Zero Motorcycles, Inc.
10.3.9. Kronreif & Trunkenpolz Mattighofen AG
10.3.10. Bayerische Motoren Werke Aktiengesellschaft AG
Chapter 11. Research Process
11.1. Research Process
11.1.1. Data Mining
11.1.2. Analysis
11.1.3. Market Estimation
11.1.4. Validation
11.1.5. Publishing
11.2. Research Attributes
11.3. Research Assumption

At Bizwit Research and Consultancy, we employ a thorough and iterative research methodology with the goal of minimizing discrepancies, ensuring the provision of highly accurate estimates and predictions over the forecast period. Our approach involves a combination of bottom-up and top-down strategies to effectively segment and estimate quantitative aspects of the market, utilizing our proprietary data & AI tools. Our Proprietary Tools allow us for the creation of customized models specific to the research objectives. This enables us to develop tailored statistical models and forecasting algorithms to estimate market trends, future growth, or consumer behavior. The customization enhances the accuracy and relevance of the research findings.
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Critical elements of methodology employed for all our studies include:
Data Collection:
To determine the appropriate methods of data collection based on the research objectives, we consider both primary and secondary sources. Primary data collection involves gathering information directly from various industry experts in core and related fields, original equipment manufacturers (OEMs), vendors, suppliers, technology developers, alliances, and organizations. These sources encompass all segments of the value chain within the specific industry. Through in-depth interviews, we engage with key industry participants, subject-matter experts, C-level executives of major market players, industry consultants, and other relevant experts. This allows us to obtain and validate critical qualitative and quantitative information while evaluating market prospects. AI and Big Data are instrumental in our primary research, providing us with powerful tools to collect, analyze, and derive insights from data efficiently. These technologies contribute to the advancement of research methodologies, enabling us to make data-driven decisions and uncover valuable findings.
In addition to primary sources, we extensively utilize secondary sources to enhance our research. These include directories, databases, journals focusing on related industries, company newsletters, and information portals such as Bloomberg, D&B Hoovers, and Factiva. These secondary sources enable us to identify and gather valuable information for our comprehensive, technical, market-oriented, and commercial study of the market. Additionally, we utilize AI algorithms to automate the collection of vast amounts of data from various sources such as surveys, social media platforms, online transactions, and web scraping. And employ Big Data technologies for storage and processing of large datasets, ensuring that no valuable information is missed during the data collection process.
Data Analysis:
Our team of experts carefully examine the gathered data using suitable statistical techniques and qualitative analysis methods. For quantitative analysis, we employ descriptive statistics, regression analysis, and other advanced statistical methods, depending on the characteristics of the data. This analysis may also incorporate the utilization of AI tools and big data analysis techniques to extract meaningful insights.
To ensure the accuracy and reliability of our findings, we extensively leverage data science techniques, which help us minimize discrepancies and uncertainties in our analysis. We employ Data Science to clean and preprocess the data, ensuring its quality and reliability. This involves handling missing data, removing outliers, standardizing variables, and transforming data into suitable formats for analysis. The application of data science techniques enhances our accuracy, efficiency, and depth of analysis, enabling us to stay competitive in dynamic market environments.
Market Size Estimation:
Our proprietary data tools play a crucial role in deriving our market estimates and forecasts. Each study involves the creation of a unique and customized model. The model incorporates the gathered information on market dynamics, technology landscape, application development, and pricing trends. AI techniques, such as machine learning and deep learning, aid us to analyze patterns within the data to identify correlations, trends, and relationships. By recognizing patterns in consumer behavior, purchasing habits, or market dynamics, our AI algorithms aid us in more precise estimations of market size. These factors are simultaneously analyzed within the model, allowing for a comprehensive assessment. To quantify their impact over the forecast period, correlation, regression, and time series analysis are employed.
To estimate and validate the market size, we employ both top-down and bottom-up approaches. The preference is given to a bottom-up approach, where key regional markets are analyzed as separate entities. This data is then integrated to obtain global estimates. This approach is crucial as it provides a deep understanding of the industry and helps minimize errors.
In our forecasting process, we consider various parameters such as economic tools, technological analysis, industry experience, and domain expertise. By taking all these factors into account, we strive to produce accurate and reliable market forecasts. When forecasting, we take into consideration several parameters, which include:
Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
To assess the market impact of these parameters, we assign weights to each one and utilize weighted average analysis. This process allows us to quantify their influence on the market and derive an expected growth rate for the forecasted period. By considering these various factors and applying a weighted analysis approach, we strive to provide accurate and reliable market forecasts.
Insight Generation & Report Presentation:
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Next, we create a well-structured research report that effectively communicates the research findings, insights, and recommendations to the client. To enhance clarity and comprehension, we utilize visual aids such as charts, graphs, and tables. These visual elements are employed to present the data in an engaging and easily understandable format, ensuring that the information is accessible and visually appealing to the client. Our aim is to deliver a clear and concise report that conveys the research findings effectively and provides actionable recommendations to meet the client’s specific needs.

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