Posts

Showing posts with the label Off-road Motorcycle Market Size

Off-road Motorcycle Market To Expand Industry Growth At USD 21.83 Billion By 2028

Image
  San Francisco, 18 Oct 2022:  The Report  Off-road Motorcycle Market  Size, Share & Trends Analysis Report By Type (Motocross, Enduro, Trail, Track-racing Motorcycles), By Region (Asia Pacific, North America), And Segment Forecasts, 2022 - 2028 The global off-road motorcycle market size is estimated to reach USD 21.83 billion by 2028 and is anticipated to expand at a CAGR of 6.2% from 2022 to 2028, according to a new report by Grand View Research, Inc.Racing and sports events focused on off-road motorcycles are the key factors driving the growth of the market. In addition, the increasing popularity of off-road motorcycle racing among youth is also boosting the market growth. Off-road motorcycles are very expensive in terms of maintenance and cost and these factors hamper the growth of the global market. Most of the major players operating are launching new models to enhance their global presence and to gain maximum share in the market. The COVID-19 pan...