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    Motorcycle Manufacturing Industry Profile

    Report Page Length: 10-12
    Last Quarterly Update: 4/5/2021
    SIC Codes: 3751
    NAICS Codes: 336991
    Chapters Include:
    Industry Overview Trends & Challenges Industry Forecast
    Quarterly Industry Update Call Prep Questions Website & Media Links
    Business Challenges Financial Information Glossary & Acronyms
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    Excerpt from Motorcycle Manufacturing Industry Profile

    Companies in this industry manufacture motorcycles, mopeds, and motor scooters. Major companies include Jiangmen Dachangjiang Group, Lifan Industry (Group), Loncin Motor, and Zongshen Industrial Group (all based in China); BMW (Germany); Harley-Davidson and Polaris (the US); Hero MotoCorp (India); Honda, Kawasaki, Suzuki, and Yamaha (Japan).

    Revenue for the global motorcycle manufacturing industry is expected to grow by about 4% per year through 2022, according to The Freedonia Group. Leading countries for motorcycle manufacturing include China, India, and Japan.

    The US motorcycle manufacturing industry includes about 430 establishments (single-location companies and units of multi-location companies) with combined annual revenue of about $7 billion.

    COMPETITIVE LANDSCAPE

    Personal income and interest rates drive demand. The profitability of individual companies depends on volume and sales of high-margin accessories and add-ons. Large companies enjoy economies of scale in purchasing and in maintaining dealer networks. Small manufacturers compete by offering highly customized products. The US industry is highly concentrated.

    PRODUCTS, OPERATIONS & TECHNOLOGY

    Major products include street bikes, such as cruisers, sport bikes, standards, and touring motorcycles; off-road cycles designed for dirt and mountain terrain; scooters; and dual sport bikes designed for both road and off-road usage.

    Motorcycles are typically produced on assembly lines, similar to how the auto industry makes cars. Parts are received from outside sources (either third-party companies or other corporate-owned plants), usually on a just-in-time basis. Beginning with the basic steel or aluminum frame, the product proceeds from station to station ...

     
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