New York, 30, Oct 2019: The Off Road Motorcycle Market is
anticipated to reach 412 thousand units by 2026
according to a new research published by Polaris Market Research. In 2017, the
recreation application dominated the global market, in terms of revenue. North
America is expected to be the leading contributor to the off road motorcycle
market revenue during the forecast period.
The growing demand for sports and adventure activities, along
with initiatives from private organizations to promote biking activities has
boosted the adoption of off road motorcycles. The rising tourism activities,
and growing disposable income of consumers further support the growth of this
off road motorcycle market. Increasing investments by vendors in technological
advancements, improving living standards, and growth in adoption of electric
bikes would accelerate the adoption of off road motorcycles during the forecast
period. Growing demand from emerging economies, and increasing demand from
defense sector are expected to provide numerous growth opportunities for off
road motorcycle market during the forecast period.
The sample for the study can be
requested using the following link: https://www.polarismarketresearch.com/industry-analysis/off-road-motorcycle-market/request-for-sample
The North America off road motorcycle market generated the
highest revenue in 2017, and is expected to lead the global market throughout
the forecast period. The growing trend of adventure sports in this region, and
high purchasing power of consumers in countries such as U.S. and Canada drive
the market growth in the region. The growing tourism industry in the region
further supports market growth in the region. The growing demand from the
defense sector is expected to boost the market growth in this region during the
forecast period. Asia Pacific off road motorcycle market is expected to grow at
the highest rate during the forecast period owing to increasing disposable incomes
of consumers in India, China, Australia, and South Korea, and the flourishing
tourism industry.
The leading companies profiled in the off road motorcycle market
report include Husqvarna Motorcycles GmbH, TRS Motorcycles, Kawasaki Motorcorp,
Alta Motors, Chritini Technologies, Ural Motorcycles, KTM AG, BMW Group, and
ROKON International Inc. These companies launch new products and collaborate
with other market leaders to innovate and launch new products to meet the
increasing needs and requirements of consumers.
Request for discount on this market
study @ https://www.polarismarketresearch.com/industry-analysis/off-road-motorcycle-market/request-for-discount-pricing
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