British Colombia Motorcycles Market Research Report Information by Propulsion Type (ICE, Electric), By Type (Standard, Cruiser, Dual-Sport & Adventure, Touring, Off-Road, Three-Wheeler, Others), By Engine Displacement (Up to 150 cc, 151-300 cc, 301-500 cc, 501-800 cc, 801-1000 cc, Above 1000 cc),By Pricing (Entry Level Motorcycles, Mid-Level Motorcycles, High End Motorcycles) By Country (British Colombia) –Market Forecast Till 2032

British Colombia Motorcycles Market Overview

British Colombia Motorcycles Market Size was valued at USD 174.7 million in 2022. The Motorcycles market industry is projected to grow from USD 188.5 Million in 2023 to USD 300.7 million by 2032, exhibiting a compound annual growth rate (CAGR) of 5.3% during the forecast period (2023 - 2032). A motorcycle is a two-wheeled motor vehicle designed for transportation and recreational purposes. It typically features a powerful engine, handlebars for steering, and a saddle for the rider. Motorcycles offer an efficient and maneuverable mode of travel, often used for commuting, touring, and leisure riding. They come in various types, such as sport bikes, cruisers, and touring bikes, catering to diverse preferences. With their agility and speed, motorcycles provide a thrilling and distinctive means of personal transportation.

As per Analyst at MRFR, “A wide spectrum of people are thinking about buying a motorcycle to travel to college, the office, or to work for the new and rapidly expanding category of delivery boys, who use bikes to quickly deliver everything from food to merchandise. Colombian domestic sales are being driven by increased per capita income and a varied range of models accessible at all price points in all categories, and sales are increasing.”

Figure 1: British Colombia Motorcycles Market Size 2019-2032 (Usd Million)

Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review

Motorcycles Market Trends

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  Growing Popularity Of Connected Motorcycle

  
  

The connected motorcycle is becoming more and more popular; it's an invention that makes moving around more intelligently possible. Additionally, networking features added to a motorcycle through connectivity solutions increase riding comfort and safety. A connected motorcycle's security, comfort, and safety features are tracked by the connectivity system. These features include emergency call, tire pressure monitoring, keyless bike starting, advanced light and heat management, and more. It is possible to pair smartphones or music players with motorcycles so that the rider can use them for streaming music and navigation. These devices are directly controllable by the rider from the dashboard.

The connected motorcycle market is expected to expand due to the increasing popularity of connectivity solutions in vehicles and the safety features of connected motorcycles.  The connected motorbike market is anticipated to have a strong chance of expanding during the projected period due to the utilization of 5G connectivity to support connected mobility.

Motorcycles Market Platform Segment Insights:

Motorcycles, Propulsion Type Insights

Based on Propulsion Type, the British Colombia Motorcycles market segmentation includes (ICE, Electric). The ICE segment accounted for the majority share in 2022, contributing around 88.5% to the market revenue. ICE Motorcycle, or Internal Combustion Engine Motorcycle, is a type of motorcycle powered by an internal combustion engine that runs on fossil fuels such as gasoline or diesel. The engine consists of cylinders, pistons, and other components that generate power by burning fuel. The combustion process in the engine creates controlled explosions, which drive the pistons up and down, converting the energy into rotational motion. This motion is transmitted to the motorcycle's wheels through a transmission system, propelling the vehicle forward. ICE motorcycles offer several advantages, including high power output, fast acceleration, and the ability to travel long distances without frequent refuelling. They are commonly used for transportation, touring, and recreational purposes due to their versatility and affordability.

Figure 2: British Colombia Motorcycles Market, By Offering, 2022 Vs 2032 (Usd Million)

Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review

Motorcycles Type Insights

Based on the Type, the British Colombia Motorcycles market segmentation is Standard, Cruiser, Dual-Sport & Adventure, Touring, Off-Road, Three-Wheeler, Others. Off-Road dominated the market in 2022 accounting around 40% of market share. An off-road motorcycle, commonly known as a dirt bike, is a two-wheeled vehicle designed for use on rough and unpaved terrains. Unlike street motorcycles, off-road motorcycles are built with specific features that enhance their capabilities in challenging environments. These motorcycles typically have a lightweight frame, high ground clearance, and sturdy suspension systems to absorb shocks and provide better control over uneven surfaces. The tires are knobby for improved traction on dirt, mud, rocks, and other off-road obstacles. Additionally, the engines are designed to deliver optimal torque and power for off-road riding, allowing riders to conquer steep hills and overcome challenging terrain. Off-road motorcycles are popular among adventurous riders who enjoy exploring trails, forests, mountains, and motocross tracks. They are commonly used for recreational purposes, off-road racing, and even as a means of transportation in remote areas. Safety gear, including helmets, goggles, and protective clothing, is crucial when operating off-road motorcycles to ensure rider safety in case of falls or accidents.

Motorcycles Engine Displacement Insights

Based on Engine Displacement, the British Colombia Motorcycles market segmentation includes Up to 150 cc, 151-300 cc, 301-500 cc, 501-800 cc, 801-1000 cc, Above 1000 cc. 801-1000 cc held the majority share in 2022. An 801-1000 cc motorcycle is a motorbike with an engine capacity between 801 cubic centimetres and 1000 cubic centimetres. These motorcycles are known for their relatively powerful engines, providing excellent acceleration and top speeds. With increased engine size, they offer greater torque and power output, making them suitable for city commuting and long-distance riding. The larger engine capacity also allows for smoother cruising at high speeds and enhanced stability on the road. These motorcycles often have advanced features, such as ABS brakes and electronic fuel injection systems, ensuring a safe and efficient riding experience.

Motorcycles Pricing Insights

Based on Pricing, the British Colombia Motorcycles market segmentation includes Entry Level Motorcycles, Mid-Level Motorcycles, High End Motorcycles. High End Motorcycles held the majority share in 2022. A high-end motorcycle is a premium two-wheeled vehicle designed to provide exceptional performance, style, and advanced features. These motorcycles incorporate cutting-edge technology, top-grade materials, and precision engineering for an exhilarating riding experience. From powerful engine options and sporty aerodynamics to sophisticated suspension systems and advanced safety features, high-end motorcycles deliver exceptional performance, speed, and handling capabilities. These motorcycles are often designed with a sleek and aggressive aesthetic, showcasing premium finishes and attention to detail. With their power, luxury, and advanced technology, high-end motorcycles are sought after by enthusiasts and riders who appreciate the ultimate in two-wheeled craftsmanship.

Motorcycles Key Market Players & Competitive Insights

British Columbia Motorcycle market is distinguished by the presence of numerous regional and local players. The demand for Motorcycles is fueled by several causes, including the Advances in motorcycle technology, growing interest in adventure tourism, and growing popularity of motorcycle clubs and events. The British Columbian government has invested in infrastructure projects such as road improvements and dedicated motorcycle lanes, making motorcycling safer and more accessible further drive the market.

British Columbia Motorcycle market is extremely competitive, with players competing, partnering, and product launch to gain a significant market share. The market is moderately fragmented with rising competition, increasing collaborative partnerships, and other strategic decisions to achieve operational efficiency.

Mergers and collaborations were also observed to expand the company's product portfolio, as well as introduce new products. The growth of prominent industry players is dependent on various factors, such as market conditions, government support, and industry development. Key manufacturers in British Columbia Motorcycle market are focusing on developing products with advanced technologies. 

Key Companies in the Motorcycles market include.

• Harley Davidson


• PIERER Mobility AG


• Suzuki Motor Corporation


• Kawasaki Motorcycles


• Havoc Motorcycles


• Honda Motor Co., Ltd.


• Yamaha Motor Co., Ltd.


• BMW Motorrad


• MV Agusta


• Bombardier Recreational Products (BRP)


• Triumph Motorcycles Ltd


• Ducati Motor Holding S.p.A


• Royal Enfield


• Piaggio Group


• Polaris Industries Inc.

Motorcycles Industry Developments

• In July 2023, Harley-Davidson launched its X440 bike, developed in partnership with Hero MotoCorp. The bike features a 440cc single-cylinder oil-cooled engine, bulky front end, single-piece seat, retro tread pattern tires, single disc brake with dual-channel ABS, tubular frame construction, adjustable twin shock absorbers, sturdy grab rails, and simple exhaust system.


• In November 2023, Husqvarna Motorcycles has introduced the 2024 Norden 901, which features several technical enhancements for improved performance and technology. The popular adventure bike retains its proven 889 cc parallel-twin engine and light steel trellis frame, but now boasts new gray and yellow graphics. The Norden 901 also features WP APEX suspension and multiple ride modes, promising outstanding comfort and versatility for adventure riders.

Motorcycles Market Segmentation

Motorcycles Propulsion Type Outlook

• ICE


• Electric

Motorcycles Type Outlook

• Standard


• Cruiser


• Dual-Sport & Adventure


• Touring


• Off-Road


• Three-Wheeler


• Others​

Motorcycles Engine Displacement Outlook

• Up to 150 cc


• 151-300 cc


• 301-500 cc


• 501-800 cc


• 801-1000 cc


• Above 1000 cc​

Motorcycles Pricing Outlook

• Entry Level Motorcycles


• Mid-Level Motorcycles


• High End Motorcycles​

Motorcycles Country Outlook

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  British Colombia