Used Bike Market Report: Trends, Forecast and Competitive Analysis to 2030

Used Bike Trends and Forecast

The future of the global used bike market looks promising with opportunities in the standard, sport, cruiser bike, and moped markets. The global used bike market is expected to reach an estimated $58.8 billion by 2030 with a CAGR of 5.9% from 2024 to 2030. The major drivers for this market are growing acceptance & development of motorcycle gatherings in developed nations, increase in sales using the internet, as well as, growth in popularity of electric motorcycles and the need for bike taxi services.

A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.

Used Bike by Segment

The study includes a forecast for the global used bike by engine capacity, source, propulsion, type, and region.

Used Bike Market by Engine Capacity [Shipment Analysis by Value from 2018 to 2030]:

• 50 To 125CC
• 125 To 250CC
• Above 250CC
• Electric Drive

Used Bike Market by Source [Shipment Analysis by Value from 2018 to 2030]:

• Domestically Manufactured
• Imported Bikes

Used Bike Market by Propulsion [Shipment Analysis by Value from 2018 to 2030]:

• ICE
• Electric

Used Bike Market by Type [Shipment Analysis by Value from 2018 to 2030]:

• Standard
• Sports
• Cruiser Bikes
• Mopeds
• Others

Used Bike Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Used Bike Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies used bike companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the used bike companies profiled in this report include-

• Used Motorcycle Store
• Yamaha Certified Pre-Owned
• India Kawasaki Motors
• Triumph Motorcycles
• MotoHunt
• Motorbikes 4 All
• Droom
• Mundimoto
• Blade Motorcycles
• Batfa Japan

Used Bike Market Insights

Lucintel forecasts that 125 to 250CC will remain the largest segment over the forecast period because they are versatile to manage both metropolitan commutes and sporadic highway journey.

Within this market, sport will remain the largest segment.

North America will remain the largest region over the forecast period due to increasing demand for affordable commute choices, and creation of new facilities or centers for used bikes as well as online platforms by current automakers and bike manufacturers across the country.

Features of the Global Used Bike Market

Market Size Estimates: Used bike market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Used bike market size by engine capacity, source, propulsion, type, and region in terms of value ($B).

Regional Analysis: Used bike market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different engine capacity, source, propulsion, type, and regions for the used bike market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the used bike market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q1. What is the used bike market size?

Answer: The global used bike market is expected to reach an estimated $58.8 billion by 2030.

Q2. What is the growth forecast for used bike market?

Answer: The global used bike market is expected to grow with a CAGR of 5.9% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the used bike market?

Answer: The major drivers for this market are growing acceptance & development of motorcycle gatherings in developed nations, increase in sales using the internet, as well as, growth in popularity of electric motorcycles and the need for bike taxi services.

Q4. What are the major segments for used bike market?

Answer: The future of the global used bike market looks promising with opportunities in the standard, sport, cruiser bike, and moped markets.

Q5. Who are the key used bike market companies?

Answer: Some of the key used bike companies are as follows:

• Used Motorcycle Store
• Yamaha Certified Pre-Owned
• India Kawasaki Motors
• Triumph Motorcycles
• MotoHunt
• Motorbikes 4 All
• Droom
• Mundimoto
• Blade Motorcycles
• Batfa Japan

Q6. Which used bike market segment will be the largest in future?

Answer: Lucintel forecasts that 125 to 250CC will remain the largest segment over the forecast period because they are versatile to manage both metropolitan commutes and sporadic highway journey.

Q7. In used bike market, which region is expected to be the largest in next 5 years?

Answer: North America will remain the largest region over the forecast period due to increasing demand for affordable commute choices, and creation of new facilities or centers for used bikes as well as online platforms by current automakers and bike manufacturers across the country.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the used bike market by engine capacity (50 to 125CC, 125 to 250CC, above 250CC, and electric drive), source (domestically manufactured and imported bikes), propulsion (ICE and electric), type (standard, sports, cruiser bikes, mopeds, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?