Lucintel's Analysis of the Global Motorcycle Industry: Asian and Latin American Countries to Drive Industry Growth
The global motorcycle industry is expected to witness good growth and reach $93.67 billion by 2017. This report is focused on motorcycle companies located in North America, Europe, Asia Pacific, and Rest of World.
March 26, 2014 (Newswire.com) - The global motorcycle industry is expected to witness good growth and reach $93.67 billion by 2017. This report is focused on motorcycle companies located in North America, Europe, Asia Pacific, and Rest of World. Globally, Asia and Latin America witnessed the most promising growth in the last couple of years. Honda Motor Company Limited has the leading position among the top five motorcycle companies as a result of the highest five-year (2007-2012) CAGR.
Lucintel, a leading global management consulting and market research firm, has analyzed the top five global motorcycle companies and offers its findings in a comprehensive research report in "Top Five Global Motorcycle Companies: Performance, Strategies, and Competitive Analysis".
Lucintel has identified that the global motorcycle industry experienced strong growth through 2010-2011 after the recession during 2008-2009. The industry was remarkably impacted by the recession that severely restricted disposable income as well as low interest credit. Price competitiveness, power, and comfort are the key qualities in the current market.
Lucintel has identified that in the Asian and Latin American countries, two-wheelers are the basic mode of transportation. Lucintel has also observed a common thread in the companies' business strategies, such as investing in environmentally friendly new technologies due to stringent emission laws in developed countries.
Lucintel makes a competitive analysis on the following companies:
Honda Motor Company Limited
Yamaha Motor Company Limited
Hero MotoCorp Limited
Bajaj Auto Limited
This discussion is limited to a comparative analysis of the subject companies along with their respective company overviews, their geographic footprints, financial metrics, market definition and scope, market performance, market strategies and corporate cultures, business structure, and SWOT analysis.
The data and analysis found in this report can be utilized for a variety of functional business reasons, including: Business Development, Strategic Planning, Determination of Market Size and Trends, Competitive Analysis, Investment Decisions, and Joint Product Development. Lucintel offerings include Transportation Industry Reports.
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