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Used Bike Market by Distribution Channel, Source, Engine Capacity, Type, Propulsion: Global Opportunity Analysis and Industry Forecast, 2021-2031

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    Report

  • 461 Pages
  • February 2023
  • Region: Global
  • Allied Market Research
  • ID: 5781803
Description Jump to:
A used bike is one that has been driven previously or that has been owned by one or more individuals. It is sometimes referred to as a pre-owned bike or a second-hand bike. Used bikes can be purchased from independent auto dealers, online marketplaces, and conventional walk-in used auto dealerships. Franchises enable consumers to purchase and sell used bikes as well as use social media and online used vehicle marketplaces.

Standard motorbikes are easier to ride and handle than other types of bikes such as sports and cruisers, which increases demand for used standard bikes. They also come in a wide range of sizes and are excellent for daily commuting because they are affordable, dependable, comfortable, and economical. These typical bikes are chosen for daily commuting or travel because of their features and their low maintenance costs. This is anticipated to fuel the market's growth.

Moreover, the motorcycle category primarily focused on performance is that of sports bikes. They have a strong engine, a light frame, and handlebar locations that support an aggressive riding stance. Additionally, sports motorbike suspension systems are more advanced with more compression and rebound settings, enhancing the ground clearance during turns and allowing the rider to adopt a more prone position. Many sports bike manufacturers, including Harley-Davidson, Yamaha Motor Corporation, and others, have created and launched platforms for used bikes. For instance, in July 2021, Harley-Davidson debuted the HD-1 Marketplace, an online platform on their main website. Only the U.S. presently has access to this facility for buying and selling used Harley-Davidson motorcycles. They may anticipate it being offered in other regions of the world shortly, it further stated. It is anticipated that the development of such certified pre-owned or used bikes will increase demand for sports motorcycles and hence, fuel the used bike market.

In the market for bike taxis, scooters are becoming more popular, particularly for medium- and short-distance excursions. Due to their modest speed and ease of use, scooters are more maneuverable than motorbikes. Due to their significantly smaller weight than motorcycles, scooters are easier to ride in tight spaces and over rough terrain, making them a practical and economical method of transportation. Due to these advantages, the scooter market for used bikes is anticipated to expand rapidly throughout the forecast period.

The market for used bikes is boosted by reasons including the expansion and popularity of motocross competitions, the technological progress of adventure and mountain bikes, and the growth of adventure motorcycles. In addition, it's becoming more popular to upgrade outdated adventure motorcycles with modern inventions in frame metals, riding techniques, and shape to make them more modern. As a result, the demand for used adventure motorcycles drives their upgrading and enhancement, which in turn drives the market growth.

The market segmentation is based on the distribution channel, source, engine capacity, type, propulsion, and region. By distribution channel, it is divided into C2C (Consumer-to-consumer), and B2C (Business-to-consumer). By source, it is classified into domestically manufactured and imported bikes. By engine capacity, it is categorized into 50 to 125cc, 125 to 250cc, above 250cc, and electric drive. By type, it is divided into standard, sports, cruiser, mopeds, and others. By propulsion, it is bifurcated into ICE and electric. By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Some major companies operating in the market include Batfa Japan Inc., Blade Motorcycles, Droom, India Kawasaki Motors Pvt. Ltd., Motohunt Inc, Motorbikes4All, Mundimoto Europe SL, Triumph Motorcycles, Used Motorcycle Store. Com (Dealer Spike), and Yamaha Certified Pre-Owned.

Key Benefits For Stakeholders

  • This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the used bike market analysis from 2021 to 2031 to identify the prevailing used bike market opportunities.
  • The market research is offered along with information related to key drivers, restraints, and opportunities.
  • Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
  • In-depth analysis of the used bike market segmentation assists to determine the prevailing market opportunities.
  • Major countries in each region are mapped according to their revenue contribution to the global market.
  • Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
  • The report includes the analysis of the regional as well as global used bike market trends, key players, market segments, application areas, and market growth strategies.

Key Market Segments

By Distribution channel

  • B2C
  • C2C

By Source

  • Domestically Manufactured
  • Imported Bikes

By Engine capacity

  • 50 to 125cc
  • 125 to 250cc
  • Above 250cc
  • Electric Drive

By Type

  • Standard
  • Sports
  • Cruiser bikes
  • Mopeds
  • Others

By Propulsion

  • ICE
  • Electric

By Region

  • North America
  • U.S.
  • Canada
  • Mexico
  • Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
  • Asia-Pacific
  • China
  • Japan
  • India
  • Asean
  • Rest of Asia-Pacific
  • LAMEA
  • Latin America
  • Middle East
  • Africa

Key Market Players

  • Batfa Japan Inc.
  • India Kawasaki Motors Pvt. Ltd.
  • Droom
  • Motorbikes 4 All
  • Triumph Motorcycles
  • Yamaha Certified Pre-Owned
  • Motohunt Inc.
  • Blade Motorcycles
  • Mundimoto Europe SL
  • Used Motorcycle Store (Dealer Spike)

Table of Contents

CHAPTER 1: INTRODUCTION
1.1. Report description
1.2. Key market segments
1.3. Key benefits to the stakeholders
1.4. Research Methodology
1.4.1. Primary research
1.4.2. Secondary research
1.4.3. Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
2.1. CXO Perspective
CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key findings
3.2.1. Top impacting factors
3.2.2. Top investment pockets
3.3. Porter’s five forces analysis
3.3.1. High bargaining power of suppliers
3.3.2. Moderate bargaining power of buyers
3.3.3. Moderate threat of substitutes
3.3.4. Moderate threat of new entrants
3.3.5. Moderate intensity of rivalry
3.4. Market dynamics
3.4.1. Drivers
3.4.1.1. Increase in demand for two-wheeler due to traffic congestion
3.4.1.2. High cost associated with new bikes
3.4.1.3. Rise in internet based sale
3.4.1.4. Rising popularity & evolution in motorcycles events in developed economies
3.4.2. Restraints
3.4.2.1. High risk of accidents
3.4.2.2. Rise in maintenance issues related to used bikes
3.4.3. Opportunities
3.4.3.1. Increase in demand for bike taxi services
3.4.3.2. Rising adoption of electric motorcycles
3.5. COVID-19 Impact Analysis on the market
CHAPTER 4: USED BIKE MARKET, BY DISTRIBUTION CHANNEL
4.1. Overview
4.1.1. Market size and forecast
4.2. C2C
4.2.1. Key market trends, growth factors and opportunities
4.2.2. Market size and forecast, by region
4.2.3. Market share analysis by country
4.3. B2C
4.3.1. Key market trends, growth factors and opportunities
4.3.2. Market size and forecast, by region
4.3.3. Market share analysis by country
CHAPTER 5: USED BIKE MARKET, BY SOURCE
5.1. Overview
5.1.1. Market size and forecast
5.2. Domestically Manufactured
5.2.1. Key market trends, growth factors and opportunities
5.2.2. Market size and forecast, by region
5.2.3. Market share analysis by country
5.3. Imported Bikes
5.3.1. Key market trends, growth factors and opportunities
5.3.2. Market size and forecast, by region
5.3.3. Market share analysis by country
CHAPTER 6: USED BIKE MARKET, BY ENGINE CAPACITY
6.1. Overview
6.1.1. Market size and forecast
6.2. 50 to 125cc
6.2.1. Key market trends, growth factors and opportunities
6.2.2. Market size and forecast, by region
6.2.3. Market share analysis by country
6.3. 125 to 250cc
6.3.1. Key market trends, growth factors and opportunities
6.3.2. Market size and forecast, by region
6.3.3. Market share analysis by country
6.4. Above 250cc
6.4.1. Key market trends, growth factors and opportunities
6.4.2. Market size and forecast, by region
6.4.3. Market share analysis by country
6.5. Electric Drive
6.5.1. Key market trends, growth factors and opportunities
6.5.2. Market size and forecast, by region
6.5.3. Market share analysis by country
CHAPTER 7: USED BIKE MARKET, BY TYPE
7.1. Overview
7.1.1. Market size and forecast
7.2. Standard
7.2.1. Key market trends, growth factors and opportunities
7.2.2. Market size and forecast, by region
7.2.3. Market share analysis by country
7.3. Sports
7.3.1. Key market trends, growth factors and opportunities
7.3.2. Market size and forecast, by region
7.3.3. Market share analysis by country
7.4. Cruiser bikes
7.4.1. Key market trends, growth factors and opportunities
7.4.2. Market size and forecast, by region
7.4.3. Market share analysis by country
7.5. Mopeds
7.5.1. Key market trends, growth factors and opportunities
7.5.2. Market size and forecast, by region
7.5.3. Market share analysis by country
7.6. Others
7.6.1. Key market trends, growth factors and opportunities
7.6.2. Market size and forecast, by region
7.6.3. Market share analysis by country
CHAPTER 8: USED BIKE MARKET, BY PROPULSION
8.1. Overview
8.1.1. Market size and forecast
8.2. ICE
8.2.1. Key market trends, growth factors and opportunities
8.2.2. Market size and forecast, by region
8.2.3. Market share analysis by country
8.3. Electric
8.3.1. Key market trends, growth factors and opportunities
8.3.2. Market size and forecast, by region
8.3.3. Market share analysis by country
CHAPTER 9: USED BIKE MARKET, BY REGION
9.1. Overview
9.1.1. Market size and forecast By Region
9.2. North America
9.2.1. Key trends and opportunities
9.2.2. Market size and forecast, by Distribution channel
9.2.3. Market size and forecast, by Source
9.2.4. Market size and forecast, by Engine capacity
9.2.5. Market size and forecast, by Type
9.2.6. Market size and forecast, by Propulsion
9.2.7. Market size and forecast, by country
9.2.7.1. U.S.
9.2.7.1.1. Key market trends, growth factors and opportunities
9.2.7.1.2. Market size and forecast, by Distribution channel
9.2.7.1.3. Market size and forecast, by Source
9.2.7.1.4. Market size and forecast, by Engine capacity
9.2.7.1.5. Market size and forecast, by Type
9.2.7.1.6. Market size and forecast, by Propulsion
9.2.7.2. Canada
9.2.7.2.1. Key market trends, growth factors and opportunities
9.2.7.2.2. Market size and forecast, by Distribution channel
9.2.7.2.3. Market size and forecast, by Source
9.2.7.2.4. Market size and forecast, by Engine capacity
9.2.7.2.5. Market size and forecast, by Type
9.2.7.2.6. Market size and forecast, by Propulsion
9.2.7.3. Mexico
9.2.7.3.1. Key market trends, growth factors and opportunities
9.2.7.3.2. Market size and forecast, by Distribution channel
9.2.7.3.3. Market size and forecast, by Source
9.2.7.3.4. Market size and forecast, by Engine capacity
9.2.7.3.5. Market size and forecast, by Type
9.2.7.3.6. Market size and forecast, by Propulsion
9.3. Europe
9.3.1. Key trends and opportunities
9.3.2. Market size and forecast, by Distribution channel
9.3.3. Market size and forecast, by Source
9.3.4. Market size and forecast, by Engine capacity
9.3.5. Market size and forecast, by Type
9.3.6. Market size and forecast, by Propulsion
9.3.7. Market size and forecast, by country
9.3.7.1. UK
9.3.7.1.1. Key market trends, growth factors and opportunities
9.3.7.1.2. Market size and forecast, by Distribution channel
9.3.7.1.3. Market size and forecast, by Source
9.3.7.1.4. Market size and forecast, by Engine capacity
9.3.7.1.5. Market size and forecast, by Type
9.3.7.1.6. Market size and forecast, by Propulsion
9.3.7.2. Germany
9.3.7.2.1. Key market trends, growth factors and opportunities
9.3.7.2.2. Market size and forecast, by Distribution channel
9.3.7.2.3. Market size and forecast, by Source
9.3.7.2.4. Market size and forecast, by Engine capacity
9.3.7.2.5. Market size and forecast, by Type
9.3.7.2.6. Market size and forecast, by Propulsion
9.3.7.3. France
9.3.7.3.1. Key market trends, growth factors and opportunities
9.3.7.3.2. Market size and forecast, by Distribution channel
9.3.7.3.3. Market size and forecast, by Source
9.3.7.3.4. Market size and forecast, by Engine capacity
9.3.7.3.5. Market size and forecast, by Type
9.3.7.3.6. Market size and forecast, by Propulsion
9.3.7.4. Russia
9.3.7.4.1. Key market trends, growth factors and opportunities
9.3.7.4.2. Market size and forecast, by Distribution channel
9.3.7.4.3. Market size and forecast, by Source
9.3.7.4.4. Market size and forecast, by Engine capacity
9.3.7.4.5. Market size and forecast, by Type
9.3.7.4.6. Market size and forecast, by Propulsion
9.3.7.5. Italy
9.3.7.5.1. Key market trends, growth factors and opportunities
9.3.7.5.2. Market size and forecast, by Distribution channel
9.3.7.5.3. Market size and forecast, by Source
9.3.7.5.4. Market size and forecast, by Engine capacity
9.3.7.5.5. Market size and forecast, by Type
9.3.7.5.6. Market size and forecast, by Propulsion
9.3.7.6. Rest of Europe
9.3.7.6.1. Key market trends, growth factors and opportunities
9.3.7.6.2. Market size and forecast, by Distribution channel
9.3.7.6.3. Market size and forecast, by Source
9.3.7.6.4. Market size and forecast, by Engine capacity
9.3.7.6.5. Market size and forecast, by Type
9.3.7.6.6. Market size and forecast, by Propulsion
9.4. Asia-Pacific
9.4.1. Key trends and opportunities
9.4.2. Market size and forecast, by Distribution channel
9.4.3. Market size and forecast, by Source
9.4.4. Market size and forecast, by Engine capacity
9.4.5. Market size and forecast, by Type
9.4.6. Market size and forecast, by Propulsion
9.4.7. Market size and forecast, by country
9.4.7.1. China
9.4.7.1.1. Key market trends, growth factors and opportunities
9.4.7.1.2. Market size and forecast, by Distribution channel
9.4.7.1.3. Market size and forecast, by Source
9.4.7.1.4. Market size and forecast, by Engine capacity
9.4.7.1.5. Market size and forecast, by Type
9.4.7.1.6. Market size and forecast, by Propulsion
9.4.7.2. Japan
9.4.7.2.1. Key market trends, growth factors and opportunities
9.4.7.2.2. Market size and forecast, by Distribution channel
9.4.7.2.3. Market size and forecast, by Source
9.4.7.2.4. Market size and forecast, by Engine capacity
9.4.7.2.5. Market size and forecast, by Type
9.4.7.2.6. Market size and forecast, by Propulsion
9.4.7.3. India
9.4.7.3.1. Key market trends, growth factors and opportunities
9.4.7.3.2. Market size and forecast, by Distribution channel
9.4.7.3.3. Market size and forecast, by Source
9.4.7.3.4. Market size and forecast, by Engine capacity
9.4.7.3.5. Market size and forecast, by Type
9.4.7.3.6. Market size and forecast, by Propulsion
9.4.7.4. Asean
9.4.7.4.1. Key market trends, growth factors and opportunities
9.4.7.4.2. Market size and forecast, by Distribution channel
9.4.7.4.3. Market size and forecast, by Source
9.4.7.4.4. Market size and forecast, by Engine capacity
9.4.7.4.5. Market size and forecast, by Type
9.4.7.4.6. Market size and forecast, by Propulsion
9.4.7.5. Rest of Asia-Pacific
9.4.7.5.1. Key market trends, growth factors and opportunities
9.4.7.5.2. Market size and forecast, by Distribution channel
9.4.7.5.3. Market size and forecast, by Source
9.4.7.5.4. Market size and forecast, by Engine capacity
9.4.7.5.5. Market size and forecast, by Type
9.4.7.5.6. Market size and forecast, by Propulsion
9.5. LAMEA
9.5.1. Key trends and opportunities
9.5.2. Market size and forecast, by Distribution channel
9.5.3. Market size and forecast, by Source
9.5.4. Market size and forecast, by Engine capacity
9.5.5. Market size and forecast, by Type
9.5.6. Market size and forecast, by Propulsion
9.5.7. Market size and forecast, by country
9.5.7.1. Latin America
9.5.7.1.1. Key market trends, growth factors and opportunities
9.5.7.1.2. Market size and forecast, by Distribution channel
9.5.7.1.3. Market size and forecast, by Source
9.5.7.1.4. Market size and forecast, by Engine capacity
9.5.7.1.5. Market size and forecast, by Type
9.5.7.1.6. Market size and forecast, by Propulsion
9.5.7.2. Middle East
9.5.7.2.1. Key market trends, growth factors and opportunities
9.5.7.2.2. Market size and forecast, by Distribution channel
9.5.7.2.3. Market size and forecast, by Source
9.5.7.2.4. Market size and forecast, by Engine capacity
9.5.7.2.5. Market size and forecast, by Type
9.5.7.2.6. Market size and forecast, by Propulsion
9.5.7.3. Africa
9.5.7.3.1. Key market trends, growth factors and opportunities
9.5.7.3.2. Market size and forecast, by Distribution channel
9.5.7.3.3. Market size and forecast, by Source
9.5.7.3.4. Market size and forecast, by Engine capacity
9.5.7.3.5. Market size and forecast, by Type
9.5.7.3.6. Market size and forecast, by Propulsion
CHAPTER 10: COMPETITIVE LANDSCAPE
10.1. Introduction
10.2. Top winning strategies
10.3. Product Mapping of Top 10 Player
10.4. Competitive Dashboard
10.5. Competitive Heatmap
10.6. Top player positioning, 2021
CHAPTER 11: COMPANY PROFILES
11.1. Batfa Japan Inc.
11.1.1. Company overview
11.1.2. Key Executives
11.1.3. Company snapshot
11.1.4. Operating business segments
11.1.5. Product portfolio
11.2. Blade Motorcycles
11.2.1. Company overview
11.2.2. Key Executives
11.2.3. Company snapshot
11.2.4. Operating business segments
11.2.5. Product portfolio
11.3. Droom
11.3.1. Company overview
11.3.2. Key Executives
11.3.3. Company snapshot
11.3.4. Operating business segments
11.3.5. Product portfolio
11.3.6. Key strategic moves and developments
11.4. Motohunt Inc.
11.4.1. Company overview
11.4.2. Key Executives
11.4.3. Company snapshot
11.4.4. Operating business segments
11.4.5. Product portfolio
11.5. India Kawasaki Motors Pvt. Ltd.
11.5.1. Company overview
11.5.2. Key Executives
11.5.3. Company snapshot
11.5.4. Operating business segments
11.5.5. Product portfolio
11.5.6. Business performance
11.6. Motorbikes 4 All
11.6.1. Company overview
11.6.2. Key Executives
11.6.3. Company snapshot
11.6.4. Operating business segments
11.6.5. Product portfolio
11.7. Mundimoto Europe SL
11.7.1. Company overview
11.7.2. Key Executives
11.7.3. Company snapshot
11.7.4. Operating business segments
11.7.5. Product portfolio
11.7.6. Key strategic moves and developments
11.8. Triumph Motorcycles
11.8.1. Company overview
11.8.2. Key Executives
11.8.3. Company snapshot
11.8.4. Operating business segments
11.8.5. Product portfolio
11.8.6. Key strategic moves and developments
11.9. Used Motorcycle Store (Dealer Spike)
11.9.1. Company overview
11.9.2. Key Executives
11.9.3. Company snapshot
11.9.4. Operating business segments
11.9.5. Product portfolio
11.10. Yamaha Certified Pre-Owned
11.10.1. Company overview
11.10.2. Key Executives
11.10.3. Company snapshot
11.10.4. Operating business segments
11.10.5. Product portfolio
11.10.6. Business performance
11.10.7. Key strategic moves and developments
List of Tables
TABLE 01. GLOBAL USED BIKE MARKET, BY DISTRIBUTION CHANNEL, 2021-2031 (REVENUE, $MILLION)
TABLE 02. USED BIKE MARKET FOR C2C, BY REGION, 2021-2031 (REVENUE, $MILLION)
TABLE 03. USED BIKE MARKET FOR B2C, BY REGION, 2021-2031 (REVENUE, $MILLION)
TABLE 04. GLOBAL USED BIKE MARKET, BY SOURCE, 2021-2031 (REVENUE, $MILLION)
TABLE 05. USED BIKE MARKET FOR DOMESTICALLY MANUFACTURED, BY REGION, 2021-2031 (REVENUE, $MILLION)
TABLE 06. USED BIKE MARKET FOR IMPORTED BIKES, BY REGION, 2021-2031 (REVENUE, $MILLION)
TABLE 07. GLOBAL USED BIKE MARKET, BY ENGINE CAPACITY, 2021-2031 (REVENUE, $MILLION)
TABLE 08. USED BIKE MARKET FOR 50 TO 125CC, BY REGION, 2021-2031 (REVENUE, $MILLION)
TABLE 09. USED BIKE MARKET FOR 125 TO 250CC, BY REGION, 2021-2031 (REVENUE, $MILLION)
TABLE 10. USED BIKE MARKET FOR ABOVE 250CC, BY REGION, 2021-2031 (REVENUE, $MILLION)
TABLE 11. USED BIKE MARKET FOR ELECTRIC DRIVE, BY REGION, 2021-2031 (REVENUE, $MILLION)
TABLE 12. GLOBAL USED BIKE MARKET, BY TYPE, 2021-2031 (REVENUE, $MILLION)
TABLE 13. USED BIKE MARKET FOR STANDARD, BY REGION, 2021-2031 (REVENUE, $MILLION)
TABLE 14. USED BIKE MARKET FOR SPORTS, BY REGION, 2021-2031 (REVENUE, $MILLION)
TABLE 15. USED BIKE MARKET FOR CRUISER BIKES, BY REGION, 2021-2031 (REVENUE, $MILLION)
TABLE 16. USED BIKE MARKET FOR MOPEDS, BY REGION, 2021-2031 (REVENUE, $MILLION)
TABLE 17. USED BIKE MARKET FOR OTHERS, BY REGION, 2021-2031 (REVENUE, $MILLION)
TABLE 18. GLOBAL USED BIKE MARKET, BY PROPULSION, 2021-2031 (REVENUE, $MILLION)
TABLE 19. USED BIKE MARKET FOR ICE, BY REGION, 2021-2031 (REVENUE, $MILLION)
TABLE 20. USED BIKE MARKET FOR ELECTRIC, BY REGION, 2021-2031 (REVENUE, $MILLION)
TABLE 21. USED BIKE MARKET, BY REGION, 2021-2031 (REVENUE, $MILLION)
TABLE 22. NORTH AMERICA USED BIKE MARKET, BY DISTRIBUTION CHANNEL, 2021-2031 (REVENUE, $MILLION)
TABLE 23. NORTH AMERICA USED BIKE MARKET, BY SOURCE, 2021-2031 (REVENUE, $MILLION)
TABLE 24. NORTH AMERICA USED BIKE MARKET, BY ENGINE CAPACITY, 2021-2031 (REVENUE, $MILLION)
TABLE 25. NORTH AMERICA USED BIKE MARKET, BY TYPE, 2021-2031 (REVENUE, $MILLION)
TABLE 26. NORTH AMERICA USED BIKE MARKET, BY PROPULSION, 2021-2031 (REVENUE, $MILLION)
TABLE 27. NORTH AMERICA USED BIKE MARKET, BY COUNTRY, 2021-2031 (REVENUE, $MILLION)
TABLE 28. U.S. USED BIKE MARKET, BY DISTRIBUTION CHANNEL, 2021-2031 (REVENUE, $MILLION)
TABLE 29. U.S. USED BIKE MARKET, BY SOURCE, 2021-2031 (REVENUE, $MILLION)
TABLE 30. U.S. USED BIKE MARKET, BY ENGINE CAPACITY, 2021-2031 (REVENUE, $MILLION)
TABLE 31. U.S. USED BIKE MARKET, BY TYPE, 2021-2031 (REVENUE, $MILLION)
TABLE 32. U.S. USED BIKE MARKET, BY PROPULSION, 2021-2031 (REVENUE, $MILLION)
TABLE 33. CANADA USED BIKE MARKET, BY DISTRIBUTION CHANNEL, 2021-2031 (REVENUE, $MILLION)
TABLE 34. CANADA USED BIKE MARKET, BY SOURCE, 2021-2031 (REVENUE, $MILLION)
TABLE 35. CANADA USED BIKE MARKET, BY ENGINE CAPACITY, 2021-2031 (REVENUE, $MILLION)
TABLE 36. CANADA USED BIKE MARKET, BY TYPE, 2021-2031 (REVENUE, $MILLION)
TABLE 37. CANADA USED BIKE MARKET, BY PROPULSION, 2021-2031 (REVENUE, $MILLION)
TABLE 38. MEXICO USED BIKE MARKET, BY DISTRIBUTION CHANNEL, 2021-2031 (REVENUE, $MILLION)
TABLE 39. MEXICO USED BIKE MARKET, BY SOURCE, 2021-2031 (REVENUE, $MILLION)
TABLE 40. MEXICO USED BIKE MARKET, BY ENGINE CAPACITY, 2021-2031 (REVENUE, $MILLION)
TABLE 41. MEXICO USED BIKE MARKET, BY TYPE, 2021-2031 (REVENUE, $MILLION)
TABLE 42. MEXICO USED BIKE MARKET, BY PROPULSION, 2021-2031 (REVENUE, $MILLION)
TABLE 43. EUROPE USED BIKE MARKET, BY DISTRIBUTION CHANNEL, 2021-2031 (REVENUE, $MILLION)
TABLE 44. EUROPE USED BIKE MARKET, BY SOURCE, 2021-2031 (REVENUE, $MILLION)
TABLE 45. EUROPE USED BIKE MARKET, BY ENGINE CAPACITY, 2021-2031 (REVENUE, $MILLION)
TABLE 46. EUROPE USED BIKE MARKET, BY TYPE, 2021-2031 (REVENUE, $MILLION)
TABLE 47. EUROPE USED BIKE MARKET, BY PROPULSION, 2021-2031 (REVENUE, $MILLION)
TABLE 48. EUROPE USED BIKE MARKET, BY COUNTRY, 2021-2031 (REVENUE, $MILLION)
TABLE 49. UK USED BIKE MARKET, BY DISTRIBUTION CHANNEL, 2021-2031 (REVENUE, $MILLION)
TABLE 50. UK USED BIKE MARKET, BY SOURCE, 2021-2031 (REVENUE, $MILLION)
TABLE 51. UK USED BIKE MARKET, BY ENGINE CAPACITY, 2021-2031 (REVENUE, $MILLION)
TABLE 52. UK USED BIKE MARKET, BY TYPE, 2021-2031 (REVENUE, $MILLION)
TABLE 53. UK USED BIKE MARKET, BY PROPULSION, 2021-2031 (REVENUE, $MILLION)
TABLE 54. GERMANY USED BIKE MARKET, BY DISTRIBUTION CHANNEL, 2021-2031 (REVENUE, $MILLION)
TABLE 55. GERMANY USED BIKE MARKET, BY SOURCE, 2021-2031 (REVENUE, $MILLION)
TABLE 56. GERMANY USED BIKE MARKET, BY ENGINE CAPACITY, 2021-2031 (REVENUE, $MILLION)
TABLE 57. GERMANY USED BIKE MARKET, BY TYPE, 2021-2031 (REVENUE, $MILLION)
TABLE 58. GERMANY USED BIKE MARKET, BY PROPULSION, 2021-2031 (REVENUE, $MILLION)
TABLE 59. FRANCE USED BIKE MARKET, BY DISTRIBUTION CHANNEL, 2021-2031 (REVENUE, $MILLION)
TABLE 60. FRANCE USED BIKE MARKET, BY SOURCE, 2021-2031 (REVENUE, $MILLION)
TABLE 61. FRANCE USED BIKE MARKET, BY ENGINE CAPACITY, 2021-2031 (REVENUE, $MILLION)
TABLE 62. FRANCE USED BIKE MARKET, BY TYPE, 2021-2031 (REVENUE, $MILLION)
TABLE 63. FRANCE USED BIKE MARKET, BY PROPULSION, 2021-2031 (REVENUE, $MILLION)
TABLE 64. RUSSIA USED BIKE MARKET, BY DISTRIBUTION CHANNEL, 2021-2031 (REVENUE, $MILLION)
TABLE 65. RUSSIA USED BIKE MARKET, BY SOURCE, 2021-2031 (REVENUE, $MILLION)
TABLE 66. RUSSIA USED BIKE MARKET, BY ENGINE CAPACITY, 2021-2031 (REVENUE, $MILLION)
TABLE 67. RUSSIA USED BIKE MARKET, BY TYPE, 2021-2031 (REVENUE, $MILLION)
TABLE 68. RUSSIA USED BIKE MARKET, BY PROPULSION, 2021-2031 (REVENUE, $MILLION)
TABLE 69. ITALY USED BIKE MARKET, BY DISTRIBUTION CHANNEL, 2021-2031 (REVENUE, $MILLION)
TABLE 70. ITALY USED BIKE MARKET, BY SOURCE, 2021-2031 (REVENUE, $MILLION)
TABLE 71. ITALY USED BIKE MARKET, BY ENGINE CAPACITY, 2021-2031 (REVENUE, $MILLION)
TABLE 72. ITALY USED BIKE MARKET, BY TYPE, 2021-2031 (REVENUE, $MILLION)
TABLE 73. ITALY USED BIKE MARKET, BY PROPULSION, 2021-2031 (REVENUE, $MILLION)
TABLE 74. REST OF EUROPE USED BIKE MARKET, BY DISTRIBUTION CHANNEL, 2021-2031 (REVENUE, $MILLION)
TABLE 75. REST OF EUROPE USED BIKE MARKET, BY SOURCE, 2021-2031 (REVENUE, $MILLION)
TABLE 76. REST OF EUROPE USED BIKE MARKET, BY ENGINE CAPACITY, 2021-2031 (REVENUE, $MILLION)
TABLE 77. REST OF EUROPE USED BIKE MARKET, BY TYPE, 2021-2031 (REVENUE, $MILLION)
TABLE 78. REST OF EUROPE USED BIKE MARKET, BY PROPULSION, 2021-2031 (REVENUE, $MILLION)
TABLE 79. ASIA-PACIFIC USED BIKE MARKET, BY DISTRIBUTION CHANNEL, 2021-2031 (REVENUE, $MILLION)
TABLE 80. ASIA-PACIFIC USED BIKE MARKET, BY SOURCE, 2021-2031 (REVENUE, $MILLION)
TABLE 81. ASIA-PACIFIC USED BIKE MARKET, BY ENGINE CAPACITY, 2021-2031 (REVENUE, $MILLION)
TABLE 82. ASIA-PACIFIC USED BIKE MARKET, BY TYPE, 2021-2031 (REVENUE, $MILLION)
TABLE 83. ASIA-PACIFIC USED BIKE MARKET, BY PROPULSION, 2021-2031 (REVENUE, $MILLION)
TABLE 84. ASIA-PACIFIC USED BIKE MARKET, BY COUNTRY, 2021-2031 (REVENUE, $MILLION)
TABLE 85. CHINA USED BIKE MARKET, BY DISTRIBUTION CHANNEL, 2021-2031 (REVENUE, $MILLION)
TABLE 86. CHINA USED BIKE MARKET, BY SOURCE, 2021-2031 (REVENUE, $MILLION)
TABLE 87. CHINA USED BIKE MARKET, BY ENGINE CAPACITY, 2021-2031 (REVENUE, $MILLION)
TABLE 88. CHINA USED BIKE MARKET, BY TYPE, 2021-2031 (REVENUE, $MILLION)
TABLE 89. CHINA USED BIKE MARKET, BY PROPULSION, 2021-2031 (REVENUE, $MILLION)
TABLE 90. JAPAN USED BIKE MARKET, BY DISTRIBUTION CHANNEL, 2021-2031 (REVENUE, $MILLION)
TABLE 91. JAPAN USED BIKE MARKET, BY SOURCE, 2021-2031 (REVENUE, $MILLION)
TABLE 92. JAPAN USED BIKE MARKET, BY ENGINE CAPACITY, 2021-2031 (REVENUE, $MILLION)
TABLE 93. JAPAN USED BIKE MARKET, BY TYPE, 2021-2031 (REVENUE, $MILLION)
TABLE 94. JAPAN USED BIKE MARKET, BY PROPULSION, 2021-2031 (REVENUE, $MILLION)
TABLE 95. INDIA USED BIKE MARKET, BY DISTRIBUTION CHANNEL, 2021-2031 (REVENUE, $MILLION)
TABLE 96. INDIA USED BIKE MARKET, BY SOURCE, 2021-2031 (REVENUE, $MILLION)
TABLE 97. INDIA USED BIKE MARKET, BY ENGINE CAPACITY, 2021-2031 (REVENUE, $MILLION)
TABLE 98. INDIA USED BIKE MARKET, BY TYPE, 2021-2031 (REVENUE, $MILLION)
TABLE 99. INDIA USED BIKE MARKET, BY PROPULSION, 2021-2031 (REVENUE, $MILLION)
TABLE 100. ASEAN USED BIKE MARKET, BY DISTRIBUTION CHANNEL, 2021-2031 (REVENUE, $MILLION)
TABLE 101. ASEAN USED BIKE MARKET, BY SOURCE, 2021-2031 (REVENUE, $MILLION)
TABLE 102. ASEAN USED BIKE MARKET, BY ENGINE CAPACITY, 2021-2031 (REVENUE, $MILLION)
TABLE 103. ASEAN USED BIKE MARKET, BY TYPE, 2021-2031 (REVENUE, $MILLION)
TABLE 104. ASEAN USED BIKE MARKET, BY PROPULSION, 2021-2031 (REVENUE, $MILLION)
TABLE 105. REST OF ASIA-PACIFIC USED BIKE MARKET, BY DISTRIBUTION CHANNEL, 2021-2031 (REVENUE, $MILLION)
TABLE 106. REST OF ASIA-PACIFIC USED BIKE MARKET, BY SOURCE, 2021-2031 (REVENUE, $MILLION)
TABLE 107. REST OF ASIA-PACIFIC USED BIKE MARKET, BY ENGINE CAPACITY, 2021-2031 (REVENUE, $MILLION)
TABLE 108. REST OF ASIA-PACIFIC USED BIKE MARKET, BY TYPE, 2021-2031 (REVENUE, $MILLION)
TABLE 109. REST OF ASIA-PACIFIC USED BIKE MARKET, BY PROPULSION, 2021-2031 (REVENUE, $MILLION)
TABLE 110. LAMEA USED BIKE MARKET, BY DISTRIBUTION CHANNEL, 2021-2031 (REVENUE, $MILLION)
TABLE 111. LAMEA USED BIKE MARKET, BY SOURCE, 2021-2031 (REVENUE, $MILLION)
TABLE 112. LAMEA USED BIKE MARKET, BY ENGINE CAPACITY, 2021-2031 (REVENUE, $MILLION)
TABLE 113. LAMEA USED BIKE MARKET, BY TYPE, 2021-2031 (REVENUE, $MILLION)
TABLE 114. LAMEA USED BIKE MARKET, BY PROPULSION, 2021-2031 (REVENUE, $MILLION)
TABLE 115. LAMEA USED BIKE MARKET, BY COUNTRY, 2021-2031 (REVENUE, $MILLION)
TABLE 116. LATIN AMERICA USED BIKE MARKET, BY DISTRIBUTION CHANNEL, 2021-2031 (REVENUE, $MILLION)
TABLE 117. LATIN AMERICA USED BIKE MARKET, BY SOURCE, 2021-2031 (REVENUE, $MILLION)
TABLE 118. LATIN AMERICA USED BIKE MARKET, BY ENGINE CAPACITY, 2021-2031 (REVENUE, $MILLION)
TABLE 119. LATIN AMERICA USED BIKE MARKET, BY TYPE, 2021-2031 (REVENUE, $MILLION)
TABLE 120. LATIN AMERICA USED BIKE MARKET, BY PROPULSION, 2021-2031 (REVENUE, $MILLION)
TABLE 121. MIDDLE EAST USED BIKE MARKET, BY DISTRIBUTION CHANNEL, 2021-2031 (REVENUE, $MILLION)
TABLE 122. MIDDLE EAST USED BIKE MARKET, BY SOURCE, 2021-2031 (REVENUE, $MILLION)
TABLE 123. MIDDLE EAST USED BIKE MARKET, BY ENGINE CAPACITY, 2021-2031 (REVENUE, $MILLION)
TABLE 124. MIDDLE EAST USED BIKE MARKET, BY TYPE, 2021-2031 (REVENUE, $MILLION)
TABLE 125. MIDDLE EAST USED BIKE MARKET, BY PROPULSION, 2021-2031 (REVENUE, $MILLION)
TABLE 126. AFRICA USED BIKE MARKET, BY DISTRIBUTION CHANNEL, 2021-2031 (REVENUE, $MILLION)
TABLE 127. AFRICA USED BIKE MARKET, BY SOURCE, 2021-2031 (REVENUE, $MILLION)
TABLE 128. AFRICA USED BIKE MARKET, BY ENGINE CAPACITY, 2021-2031 (REVENUE, $MILLION)
TABLE 129. AFRICA USED BIKE MARKET, BY TYPE, 2021-2031 (REVENUE, $MILLION)
TABLE 130. AFRICA USED BIKE MARKET, BY PROPULSION, 2021-2031 (REVENUE, $MILLION)
TABLE 131. BATFA JAPAN INC.: KEY EXECUTIVES
TABLE 132. BATFA JAPAN INC.: COMPANY SNAPSHOT
TABLE 133. BATFA JAPAN INC.: PRODUCT SEGMENTS
TABLE 134. BATFA JAPAN INC.: PRODUCT PORTFOLIO
TABLE 135. BLADE MOTORCYCLES: KEY EXECUTIVES
TABLE 136. BLADE MOTORCYCLES: COMPANY SNAPSHOT
TABLE 137. BLADE MOTORCYCLES: PRODUCT SEGMENTS
TABLE 138. BLADE MOTORCYCLES: PRODUCT PORTFOLIO
TABLE 139. DROOM: KEY EXECUTIVES
TABLE 140. DROOM: COMPANY SNAPSHOT
TABLE 141. DROOM: PRODUCT SEGMENTS
TABLE 142. DROOM: PRODUCT PORTFOLIO
TABLE 143. DROOM: KEY STRATERGIES
TABLE 144. MOTOHUNT INC.: KEY EXECUTIVES
TABLE 145. MOTOHUNT INC.: COMPANY SNAPSHOT
TABLE 146. MOTOHUNT INC.: PRODUCT SEGMENTS
TABLE 147. MOTOHUNT INC.: PRODUCT PORTFOLIO
TABLE 148. INDIA KAWASAKI MOTORS PVT. LTD.: KEY EXECUTIVES
TABLE 149. INDIA KAWASAKI MOTORS PVT. LTD.: COMPANY SNAPSHOT
TABLE 150. INDIA KAWASAKI MOTORS PVT. LTD.: PRODUCT SEGMENTS
TABLE 151. INDIA KAWASAKI MOTORS PVT. LTD.: PRODUCT PORTFOLIO
TABLE 152. MOTORBIKES 4 ALL: KEY EXECUTIVES
TABLE 153. MOTORBIKES 4 ALL: COMPANY SNAPSHOT
TABLE 154. MOTORBIKES 4 ALL: PRODUCT SEGMENTS
TABLE 155. MOTORBIKES 4 ALL: PRODUCT PORTFOLIO
TABLE 156. MUNDIMOTO EUROPE SL: KEY EXECUTIVES
TABLE 157. MUNDIMOTO EUROPE SL: COMPANY SNAPSHOT
TABLE 158. MUNDIMOTO EUROPE SL: PRODUCT SEGMENTS
TABLE 159. MUNDIMOTO EUROPE SL: PRODUCT PORTFOLIO
TABLE 160. MUNDIMOTO EUROPE SL: KEY STRATERGIES
TABLE 161. TRIUMPH MOTORCYCLES: KEY EXECUTIVES
TABLE 162. TRIUMPH MOTORCYCLES: COMPANY SNAPSHOT
TABLE 163. TRIUMPH MOTORCYCLES: PRODUCT SEGMENTS
TABLE 164. TRIUMPH MOTORCYCLES: PRODUCT PORTFOLIO
TABLE 165. TRIUMPH MOTORCYCLES: KEY STRATERGIES
TABLE 166. USED MOTORCYCLE STORE (DEALER SPIKE): KEY EXECUTIVES
TABLE 167. USED MOTORCYCLE STORE (DEALER SPIKE): COMPANY SNAPSHOT
TABLE 168. USED MOTORCYCLE STORE (DEALER SPIKE): PRODUCT SEGMENTS
TABLE 169. USED MOTORCYCLE STORE (DEALER SPIKE): PRODUCT PORTFOLIO
TABLE 170. YAMAHA CERTIFIED PRE-OWNED: KEY EXECUTIVES
TABLE 171. YAMAHA CERTIFIED PRE-OWNED: COMPANY SNAPSHOT
TABLE 172. YAMAHA CERTIFIED PRE-OWNED: PRODUCT SEGMENTS
TABLE 173. YAMAHA CERTIFIED PRE-OWNED: PRODUCT PORTFOLIO
TABLE 174. YAMAHA CERTIFIED PRE-OWNED: KEY STRATERGIES
List of Figures
FIGURE 01. USED BIKE MARKET, 2021-2031
FIGURE 02. SEGMENTATION OF USED BIKE MARKET, 2021-2031
FIGURE 03. TOP INVESTMENT POCKETS IN USED BIKE MARKET (2022-2031)
FIGURE 04. HIGH BARGAINING POWER OF SUPPLIERS
FIGURE 05. MODERATE BARGAINING POWER OF BUYERS
FIGURE 06. MODERATE THREAT OF SUBSTITUTES
FIGURE 07. MODERATE THREAT OF NEW ENTRANTS
FIGURE 08. MODERATE INTENSITY OF RIVALRY
FIGURE 09. DRIVERS, RESTRAINTS AND OPPORTUNITIES: GLOBALUSED BIKE MARKET
FIGURE 10. USED BIKE MARKET, BY DISTRIBUTION CHANNEL, 2021 (%)
FIGURE 11. COMPARATIVE SHARE ANALYSIS OF USED BIKE MARKET FOR C2C, BY COUNTRY 2021-2031 (%)
FIGURE 12. COMPARATIVE SHARE ANALYSIS OF USED BIKE MARKET FOR B2C, BY COUNTRY 2021-2031 (%)
FIGURE 13. USED BIKE MARKET, BY SOURCE, 2021 (%)
FIGURE 14. COMPARATIVE SHARE ANALYSIS OF USED BIKE MARKET FOR DOMESTICALLY MANUFACTURED, BY COUNTRY 2021-2031 (%)
FIGURE 15. COMPARATIVE SHARE ANALYSIS OF USED BIKE MARKET FOR IMPORTED BIKES, BY COUNTRY 2021-2031 (%)
FIGURE 16. USED BIKE MARKET, BY ENGINE CAPACITY, 2021 (%)
FIGURE 17. COMPARATIVE SHARE ANALYSIS OF USED BIKE MARKET FOR 50 TO 125CC, BY COUNTRY 2021-2031 (%)
FIGURE 18. COMPARATIVE SHARE ANALYSIS OF USED BIKE MARKET FOR 125 TO 250CC, BY COUNTRY 2021-2031 (%)
FIGURE 19. COMPARATIVE SHARE ANALYSIS OF USED BIKE MARKET FOR ABOVE 250CC, BY COUNTRY 2021-2031 (%)
FIGURE 20. COMPARATIVE SHARE ANALYSIS OF USED BIKE MARKET FOR ELECTRIC DRIVE, BY COUNTRY 2021-2031 (%)
FIGURE 21. USED BIKE MARKET, BY TYPE, 2021 (%)
FIGURE 22. COMPARATIVE SHARE ANALYSIS OF USED BIKE MARKET FOR STANDARD, BY COUNTRY 2021-2031 (%)
FIGURE 23. COMPARATIVE SHARE ANALYSIS OF USED BIKE MARKET FOR SPORTS, BY COUNTRY 2021-2031 (%)
FIGURE 24. COMPARATIVE SHARE ANALYSIS OF USED BIKE MARKET FOR CRUISER BIKES, BY COUNTRY 2021-2031 (%)
FIGURE 25. COMPARATIVE SHARE ANALYSIS OF USED BIKE MARKET FOR MOPEDS, BY COUNTRY 2021-2031 (%)
FIGURE 26. COMPARATIVE SHARE ANALYSIS OF USED BIKE MARKET FOR OTHERS, BY COUNTRY 2021-2031 (%)
FIGURE 27. USED BIKE MARKET, BY PROPULSION, 2021 (%)
FIGURE 28. COMPARATIVE SHARE ANALYSIS OF USED BIKE MARKET FOR ICE, BY COUNTRY 2021-2031 (%)
FIGURE 29. COMPARATIVE SHARE ANALYSIS OF USED BIKE MARKET FOR ELECTRIC, BY COUNTRY 2021-2031 (%)
FIGURE 30. USED BIKE MARKET BY REGION, 2021
FIGURE 31. U.S. USED BIKE MARKET, 2021-2031 ($MILLION)
FIGURE 32. CANADA USED BIKE MARKET, 2021-2031 ($MILLION)
FIGURE 33. MEXICO USED BIKE MARKET, 2021-2031 ($MILLION)
FIGURE 34. UK USED BIKE MARKET, 2021-2031 ($MILLION)
FIGURE 35. GERMANY USED BIKE MARKET, 2021-2031 ($MILLION)
FIGURE 36. FRANCE USED BIKE MARKET, 2021-2031 ($MILLION)
FIGURE 37. RUSSIA USED BIKE MARKET, 2021-2031 ($MILLION)
FIGURE 38. ITALY USED BIKE MARKET, 2021-2031 ($MILLION)
FIGURE 39. REST OF EUROPE USED BIKE MARKET, 2021-2031 ($MILLION)
FIGURE 40. CHINA USED BIKE MARKET, 2021-2031 ($MILLION)
FIGURE 41. JAPAN USED BIKE MARKET, 2021-2031 ($MILLION)
FIGURE 42. INDIA USED BIKE MARKET, 2021-2031 ($MILLION)
FIGURE 43. ASEAN USED BIKE MARKET, 2021-2031 ($MILLION)
FIGURE 44. REST OF ASIA-PACIFIC USED BIKE MARKET, 2021-2031 ($MILLION)
FIGURE 45. LATIN AMERICA USED BIKE MARKET, 2021-2031 ($MILLION)
FIGURE 46. MIDDLE EAST USED BIKE MARKET, 2021-2031 ($MILLION)
FIGURE 47. AFRICA USED BIKE MARKET, 2021-2031 ($MILLION)
FIGURE 48. TOP WINNING STRATEGIES, BY YEAR
FIGURE 49. TOP WINNING STRATEGIES, BY DEVELOPMENT
FIGURE 50. TOP WINNING STRATEGIES, BY COMPANY
FIGURE 51. PRODUCT MAPPING OF TOP 10 PLAYERS
FIGURE 52. COMPETITIVE DASHBOARD
FIGURE 53. COMPETITIVE HEATMAP: USED BIKE MARKET
FIGURE 54. TOP PLAYER POSITIONING, 2021
FIGURE 55. INDIA KAWASAKI MOTORS PVT. LTD.: RESEARCH & DEVELOPMENT EXPENDITURE, 2019-2021 ($MILLION)
FIGURE 56. INDIA KAWASAKI MOTORS PVT. LTD.: NET SALES, 2019-2021 ($MILLION)
FIGURE 57. YAMAHA CERTIFIED PRE-OWNED: RESEARCH & DEVELOPMENT EXPENDITURE, 2019-2021 ($MILLION)
FIGURE 58. YAMAHA CERTIFIED PRE-OWNED: NET SALES, 2019-2021 ($MILLION)
FIGURE 59. YAMAHA CERTIFIED PRE-OWNED: REVENUE SHARE BY SEGMENT, 2021 (%)
FIGURE 60. YAMAHA CERTIFIED PRE-OWNED: REVENUE SHARE BY REGION, 2021 (%)

Executive Summary

The Used Bikes Market is expected to experience a significant growth rate of 5.6% from 2022 to 2031 owing to rising internet-based sales.

Used bikes are referred to as secondhand bikes or pre-owned bikes. A used bike is one that has been driven or owned before by one or more customers. There are many places where used automobiles can be purchased, including franchise and independent bike dealerships, rental bike agencies, public and private yard sales, and leasing offices. Customers at used bike dealers can choose from a variety of vehicles. These include used bikes with extended service agreements, certified pre-owned vehicles, and inexpensive vehicles. Additionally, used vehicle dealers provide clients the option of buying used bikes online, and customers can use dealer websites to learn more about used bikes.

Key factors driving the growth of the used bikes market include a rise in prevalence of the e-commerce industry and rise in popularity & evolution of motorcycle events in developed economies. Motocross racing events are held in almost all-weather conditions making it more difficult for the participants. Currently, motocross has evolved as a major sport worldwide, and riders or racers need to focus on various aspects of this sporting event. For instance, motocross has garnered more fans in China after the Motocross World Championship, the most influential of the sport's events globally, hosted its annual showcase at the China International Import Expo in Shanghai for two consecutive years from 2020 to 2021. The event entered China for the first time in 2019, filling the gap in first-class motocross events in the country. Also, the growing number of women participating in motocross events and increased focus on R&D in Motorcycles & their ability to improve their reliability and safety, especially regarding the safety of the riders and the spectators, supported the market’s growth. This also increases demand for refurbishment, renovation, and upgradation of old or used motorcycles to participate and perform in motorcycle events. Hence, the rise in popularity & evolution of motocross events is expected to offer lucrative growth opportunities for the global used bikes market.

Moreover, due to their low cost and ease of use, street mopeds or bikes with a capacity of up to 125cc are quite popular. Owning a small-engine bike is a fantastic alternative for motorcycle riders to become used to riding motorcycles. Due to their small engines, bikes with capacities up to 125cc are perfect for beginner riders to practice handling and engine management. Because of their fuel efficiency, 125cc motorcycles are popular among even seasoned riders. These factors are expected to help drive the market's growth during the forecast period.

Modified used motorcycles are not only reasonably priced and fuel-efficient, but they also garner the consumer's attention right away because of their outstanding looks. Another factor contributing to the market's high demand for refurbished motorcycles is the low maintenance costs of these vehicles. Additionally, for off-road racing, 150cc to 200cc dirt bikes with two-stroke engines are frequently used. Although they are no longer often manufactured, used two-stroke road motorbikes are still available. These engines are more powerful than a normal four-stroke engine, but they also require more maintenance. This is anticipated to fuel the expansion of the used bikes market.

The market segmentation is based on the distribution channel, source, engine capacity, type, propulsion, and region. By distribution channel, it is divided into C2C (Consumer-to-consumer), and B2C (Business-to-consumer). By source, it is classified into domestically manufactured and imported bikes. By engine capacity, it is categorized into 50 to 125cc, 125 to 250cc, above 250cc, and electric drive. By type, it is divided into standard, sports, cruiser, mopeds, and others. By propulsion, it is bifurcated into ICE and electric. Region-wise, it is analyzed across North America (U.S., Canada, and Mexico), Europe (UK, Germany, France, Italy, and rest of Europe), Asia-Pacific (China, Japan, India, ASEAN, and rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa).

In Latin America, the Middle East, and Africa (LAMEA), the used bike market is analyzed. Due to the consistent progress of the nations in this region, the Middle East saw substantial growth. Due to an increase in consumer disposable income and a rise in living standards, LAMEA has seen sustained economic growth over the past few years. Due to factors such as increased demand for ride-hailing services in a few Middle Eastern countries, increased GDP in African economies, adoption of used vehicles as a result of certain trends, and rapid urbanization in Latin America, the used bike market in LAMEA is projected to witness significant growth potential.

The key players profiled in the study include Batfa Japan Inc., Blade Motorcycles, Droom, India Kawasaki Motors Pvt. Ltd., Motohunt Inc, Motorbikes4All, Mundimoto Europe SL, Triumph Motorcycles, Used Motorcycle Store. Com (Dealer Spike), and Yamaha Certified Pre-Owned. The players in the market have been actively engaged in the adoption of various strategies such as product launch, and expansion to remain competitive and gain an advantage over the competitors in the market. For instance, in October 2020, Triumph launched its used bike program “Triumph Approved” as part of consolidating its presence in the UK. Under this program, it is expected to target first-time buyers, besides offering finance options.

Key Market Insights

  • By distribution channel, the C2C segment was the highest revenue contributor to the market, with $21,794.5 million in 2021, and is estimated to reach $36,176.5 million by 2031, with a CAGR of 5.3%.
  • By source, the domestically manufactured segment was the highest revenue contributor to the market, with $30,903 million in 2021, and is estimated to reach $50,530.2 million by 2031, with a CAGR of 5.1%.
  • By engine capacity, the 125cc to 250cc segment was the highest revenue contributor to the market and is estimated to reach $20,310.2 million by 2031, with a CAGR of 3.9%. However, the electric drive segment is estimated to be the fastest growing segment with a CAGR of 19.2% during the forecast period.
  • By type, the standard system segment dominated the global market, and is estimated to reach $23,709.2 million by 2031, with a CAGR of 4.9%. However, the mopeds segment is expected to be the fastest growing segment with a CAGR of 6.5% during the forecast period.
  • By propulsion, the ICE segment was the highest revenue contributor to the market, with $37,095.2 million in 2021, and is estimated to reach $55,656.0 million by 2031, with a CAGR of 4.2%.
  • Based on region, Asia-Pacific was the highest revenue contributor, accounting for $18,193.7 million in 2021, and is estimated to reach $32,070.6 million by 2031, with a CAGR of 5.9%.

Companies Mentioned

  • Batfa Japan Inc.
  • India Kawasaki Motors Pvt. Ltd.
  • Droom
  • Motorbikes 4 All
  • Triumph Motorcycles
  • Yamaha Certified Pre-Owned
  • Motohunt Inc.
  • Blade Motorcycles
  • Mundimoto Europe SL
  • Used Motorcycle Store (Dealer Spike)

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

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