Dirt Bike Market is predicted to reach USD 18.09 million at a CAGR of 7.30% during the forecast period 2023-2032

Market Research Future (MRFR) has published on the “Global Dirt Bike Market”.


The dirt bike market is estimated to register a CAGR of 7.30% during the forecast period of 2023 to 2032.


MRFR recognizes the following companies as the key players in the global dirt bike market— SSR Motorsports, Betamotor S.p.A., Sherco, Honda Motor Co., Ltd., Cobra MOTO, Zero Motorcycles, Inc., Yamaha Corporation, Piaggio & C. SpA, Husqvarna Motorcycles, BMW AG, Benelli, KTM AG, Bultaco Bikes, POLINI MOTORI, Kawasaki Heavy Industries, Ltd., Suzuki Motor Corporation, Scorpa


Market Highlights


The global dirt bike market is accounted to register a CAGR of 7.30% during the forecast period and is estimated to reach USD 18.09 Billion by 2032.


A booming sector that caters to motorcycle enthusiasts and daring riders is the dirt bike market. It has a huge selection of off-road motorcycles made for rocky terrain and exhilarating encounters. Both amateur riders and professional athletes enjoy riding dirt bikes for motocross, trail riding, and other extreme sports. Off-road riding's persistent appeal and people's yearning for exhilarating outdoor activities are the main reasons for the market's ongoing growth.


Segment Analysis


The global dirt bike market has been segmented into type, propulsion type, application and price range.


On the basis of type, the market is segmented into motocross motorcycle, enduro motorcycle, trail motorcycle, and track-racing motorcycle. The enduro motorcycle segment dominated the global market in 2022. According to the Federal Chamber of Automotive Industries (FCAI), sales of enduro motorcycles peaked in 2020. Enduro motorcycles are high-performance vehicles designed particularly for off-road endurance racing championships.


Based on propulsion type, the global dirt bike market has been segmented into ICE and electric. Electric segment dominated the global Dirt Bike market in 2022. The rising popularity of electric dirt bikes around the world explains this.


Based on application, the global dirt bike market has been segmented into commercial, personal, industrial, and others. Personal segment dominated the global Dirt Bike market in 2022. The personal category is anticipated to hold a sizeable market share during the anticipated period due to the growing popularity it has among customers.


Based on propulsion type, the global dirt bike market has been segmented into low to mid and high. High segment dominated the global market in 2022. The expansion of the high price range category is assumed to be caused by middle class consumers' increasing disposable income.


Browse In-depth Details [Table of Content, List of Figures, List of Tables] of Dirt Bike Market Global Trends


Regional Analysis


The global dirt bike market, based on region, has been divided into the North America, Europe, Asia-Pacific, and Rest of the World. North America consists of US and Canada. The Europe Dirt bike market comprises of Germany, France, the UK, Italy, Spain, and the rest of Europe. The Dirt bike market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World Dirt bike market comprises of Middle East, Africa, and Latin America.


The North America dirt bike market dominated this market in 2022 (45.80%). In 2022, the United States was the major country that contributed the most to market revenue. Canada also made a big contribution to the local market. All of these countries are expected to keep their market share due to their large populations and rising consumer spending on dirt bikes.


Moreover, in 2022, the European dirt bike market held a sizable market share. According to research from the European Association of motorbike Manufacturers (ACEM), Germany, Italy, and France are expected to be Europe's largest off-road motorbike markets in 2020. Utilizing cutting-edge technology and having a highly developed industrial cluster in the neighborhood can be quite advantageous for businesses.


Additionally, the Asia Pacific dirt bike market is expected to register significant growth from 2023 to 2032. This is a result of the region's pro-recreational policies and increased public spending on infrastructure. The region's growing demand for aftermarket parts and components can be attributed to the rise in consumer buying power and the strong preference for power dirt bikes. The popularity of electric dirt bikes is a result of the majority of people having advanced technological skills and consumers' desire to drive fuel-efficient and ecologically friendly vehicles.


Furthermore, the rest of the world's dirt bike market is divided into the Middle East, Africa, and Latin America. The region's Latin America Dirt Bike Market is expanding, serving a burgeoning group of off-road motorbike aficionados. It provides a wide selection of dirt motorcycles that are appropriate for different riding styles and terrains. In Latin America, dirt bikes are becoming more and more well-liked among thrill-seekers and sports lovers, from motocross championships to leisurely trail riding. The market's growth is a reflection of the area's rising passion for extreme sports and outdoor activities.


Key Findings of the Study



  • The global dirt bike market is expected to reach USD 18.09 Billion by 2032, at a CAGR of 7.30% during the forecast period.

  • The Asia-Pacific region accounted for the fastest-growing global market. This is due to the region's supportive policies and rising government investments in infrastructure for leisure activities.

  • Based on price range, the high segment was attributed to holding the largest market in 2022.

  • SSR Motorsports, Betamotor S.p.A., Sherco, Honda Motor Co., Ltd., Cobra MOTO, Zero Motorcycles, Inc., Yamaha Corporation, Piaggio & C. SpA, Husqvarna Motorcycles, BMW AG, Benelli, KTM AG, Bultaco Bikes, POLINI MOTORI, Kawasaki Heavy Industries, Ltd., Suzuki Motor Corporation, Scorpa

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Pages 128
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