Motorcycles in Turkey industry profile provides top-line qualitative and quantitative summary information including: market size (value 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- Motorcycles market includes all on- and off-road motorcycles including scooters and mopeds. Mopeds are two-wheeled vehicles with an engine capacity of less than 50cc. They are generally equipped for both motorized and non-motorized propulsion and have a restricted maximum speed. Any powered two-wheeler that is not a moped is classified as a motorcycle (The term 'scooter' refers to a two-wheeler of any capacity that has its engine as part of the rear suspension and/or has a step-through chassis. Depending on its engine capacity, a scooter may be classified as either a moped or a motorcycle).
- The Turkish motorcycles market recorded revenues of $3.00 billion in 2024, representing a compound annual growth rate (CAGR) of 30.5% between 2019 and 2024.
- Market consumption volume increased with a CAGR of 58% between 2019 and 2024, reaching a total of 1.18 million units in 2024.
- The growth of the Turkish motorcycles market volume in 2024 was primarily driven by the increase in disposable income. Rising wages boosted motorcycle purchasing, resulting in increased vehicle registrations and a shift from public transport to personal mobility among a broader population. According to the Turkish Statistical Institute (TURKSTAT), in 2024, the mean annual household disposable income in Turkey reached TRY374,899 ($11,402.7), marking a 106.9% increase over 2023.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the motorcycles market in Turkey
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the motorcycles market in Turkey
- Leading company profiles reveal details of key motorcycles market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Turkey motorcycles market with five year forecasts
Reasons to Buy
- What was the size of the Turkey motorcycles market by value in 2024?
- What will be the size of the Turkey motorcycles market in 2029?
- What factors are affecting the strength of competition in the Turkey motorcycles market?
- How has the market performed over the last five years?
- What are the main segments that make up Turkey's motorcycles market?
Table of Contents
1 Executive Summary
2 Market Overview
3 Market Data
4 Market Segmentation
5 Market Outlook
6 Five Forces Analysis
7 Competitive Landscape
8 Company Profiles
9 Macroeconomic Indicators
10 Appendix
List of Tables
List of Figures
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- TVS Motor Co Ltd
- Honda Motor Co Ltd
- Yamaha Motor Co Ltd
