All-Wheel Drive Motorcycles Market Globally Grow at a CAGR of 20.55% by Revenue During the Forecast Period 2017-2021
AWD systems are widely used for the transmission of the power to the rear wheel of the engine. Like four-wheelers, motorcycles also have the concept of AWD systems, which serve the same purpose as for cars.
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The purpose and the working principle of both are similar. AWD and 4WD accomplish almost the same things, yet they go about it in very different ways, and each works best under different sets of conditions. 4WD is the older of the two systems. As its name implies, 4WD is a system that sends power to each wheel for maximum traction. It works through a complex mechanical system called a "transfer case." Typically, 4WD systems are found in pickup trucks or off-road vehicles, like Jeeps or Range Rovers. However, unlike AWD, 4WD (also known as 4x4) is "on" all the time.
Technavios analysts forecast the global all-wheel drive motorcycles market to decline at a CAGR of (20.55%) during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global all-wheel drive motorcycles market for 2017-2021. To calculate the market size, the report considers the new shipments of AWD motorcycles and exclude the AWD motorcycles, which are made as prototype or concept vehicles.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
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Technavio's report, Global All-Wheel Drive Motorcycles Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
Christini Technologies
Rokon
Yamaha Motor Corporation
Other prominent vendors
Ural Motorcycles
Honda
KTM
BMW
Market driver
Increasing sales of off-road motorcycles
For a full, detailed list, view our report
Market challenge
High price keeps the market smaller in the motorcycle industry
For a full, detailed list, view our report
Market trend
All-wheel drive snow bikes - a rising trend
For a full, detailed list, view our report
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Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
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