Motorcycle Sidecars Market Introduction and Overview
According to SPER Market Research, the Global Motorcycle Sidecars Market is estimated to reach USD 0.07 billion by 2033 with a CAGR of 6.2%.
The report includes an in-depth analysis of the Global Motorcycle Sidecars Market, including market size and trends, product mix, Applications, and supplier analysis. A single-wheeled contraption that is mounted to the side of a motorbike, scooter, or regular or electric bicycle is referred to as a sidecar. It is done for a variety of reasons, such as expanding the vehicle's size or carrying loads. The motorcycle sidecar can be used to turn a two-wheeler into a three-wheeled vehicle.
Market Opportunities and Challenges
Opportunities: The demand for items that are manufactured specifically for each consumer, or that are tailored to their needs, is helping the motorbike sidecar business. The use of motorcycle sidecars in various electric bikes has drawn a lot of interest recently. Due to their retro appeal, motorcycle sidecars have gained popularity among bike aficionados and lovers as well. During the projected period, bike enthusiasts and bike lovers who are interested in vintage collections are anticipated to drive the market.
Challenges: Motorcycle sidecars were more common in the past, but for a variety of reasons, their use has declined over time. The chance of rollovers and other accidents is increased by sidecars, making them less safe than solo riding. Sidecars can also make the bike less stable and be challenging to manoeuvre. Another justification is the fact that sidecars can be more expensive to buy and maintain than non-sidecar motorcycles. Also, without having to worry about the extra weight and complexity of a sidecar, many riders prefer the freedom and simplicity of riding alone.
Market Competitive Landscape
The major players in the market include: Champion Trikes & Sidecars, DMC Sidecars & Motorcycle Accessories, Texas Sidecar Company, Ural Motorcycles, Watsonian Squire Ltd., Others.
Scope of the Report:
Report Metric | Details |
Market size available for years | 2019-2033 |
Base year considered | 2022 |
Forecast period | 2023-2033 |
Segments covered | By Vehicle Type, By Engine Type
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Regions covered | North America, Asia-Pacific, Latin America, Middle East & Africa and Europe
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Companies Covered | Champion Trikes & Sidecars, DMC Sidecars & Motorcycle Accessories, Texas Sidecar Company, Ural Motorcycles, Watsonian Squire Ltd., Others
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COVID-19 Impact on Global Motorcycle Sidecars Market
As a result of the interruption in the global supply chain, the automotive industry was hardest damaged. Customers' decision not to buy new cars was the largest hit to the two-wheeler industry's sales. Due to a lack of personnel who could not return to their places of employment and subsequent transportation problems as a result of the lockdown, several manufacturing plants were forced to temporarily halt their production activities. But when the world's economies start to open up, the motorbike sector is expected to experience a rise in sales as pent-up demand is released. Global motorcycle titans will need to shift their attention to future growth strategies after they have recovered financially from the outbreak and developed more premium, innovative, e-mobility, and waste management solutions.
Key Target Audience
- Custom Bike Builders and Modifiers
- Family-oriented Riders
- Local or Cultural Events Organizers
- Motorcycle Enthusiasts
- Persons with Disabilities
- Pet Owners
- Senior Riders
- Touring and Adventure Riders
- Vintage Motorcycle Collectors
- Others
Our in-depth analysis of the Motorcycle Sidecars Market includes the following segments:
By Vehicle Type:
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Cruiser
Mopeds
Off-Road Bikes
Standard Bikes
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By Engine Type:
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Electric Bike
Regular Mechanical Bike
Others
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Key Topics Covered in the Report
- Global Motorcycle Sidecars Market Size (FY’2023-FY’2033)
- Overview of Global Motorcycle Sidecars Market
- Segmentation of Global Motorcycle Sidecars Market By Vehicle Type (Cruiser, Mopeds, Off-Road Bikes, Standard Bikes)
- Segmentation of Global Motorcycle Sidecars Market By Engine Type (Electric Bike, Regular Mechanical Bike, Others)
- Statistical Snap of Global Motorcycle Sidecars Market
- Expansion Analysis of Global Motorcycle Sidecars Market
- Problems and Obstacles in Global Motorcycle Sidecars Market
- Competitive Landscape in the Global Motorcycle Sidecars Market
- Impact of COVID-19 and Demonetization on Global Motorcycle Sidecars Market
- Details on Current Investment in Global Motorcycle Sidecars Market
- Competitive Analysis of Global Motorcycle Sidecars Market
- Prominent Players in the Global Motorcycle Sidecars Market
- SWOT Analysis of Global Motorcycle Sidecars Market
- Global Motorcycle Sidecars Market Future Outlook and Projections (FY’2023-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPER’s internal database
2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. COVID-19 Impacts of the Global Motorcycle Sidecars Market
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Global Motorcycle Sidecars Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Motorcycle Sidecars Market
7. Global Motorcycle Sidecars Market, By Vehicle Type (USD Million)
7.1. Global Motorcycle Sidecars Market Value Share and Forecast, By Vehicle Type, 2023-2033
7.2. Cruiser
7.3. Mopeds
7.4. Off-Road Bikes
7.5. Standard Bikes
8. Global Motorcycle Sidecars Market, By Engine Type (USD Million)
8.1. Global Motorcycle Sidecars Market Value Share and Forecast, By Engine Type, 2023-2033
8.2. Electric Bike
8.3. Regular Mechanical Bike
8.4. Others
9. Global Motorcycle Sidecars Market Forecast, 2019-2033 (USD Million)
9.1. Global Motorcycle Sidecars Market Size and Market Share
10. Global Motorcycle Sidecars Market, By Vehicle Type, 2019-2033 (USD Million)
10.1. Global Motorcycle Sidecars Market Size and Market Share By Vehicle Type (2019-2026)
10.2. Global Motorcycle Sidecars Market Size and Market Share By Vehicle Type (2027-2033)
11. Global Motorcycle Sidecars Market, By Engine Type, 2019-2033 (USD Million)
11.1. Global Motorcycle Sidecars Market Size and Market Share By Engine Type (2019-2026)
11.2. Global Motorcycle Sidecars Market Size and Market Share By Engine Type (2027-2033)
12. Global Motorcycle Sidecars Market, By Region, 2019-2033 (USD Million)
12.1. Global Motorcycle Sidecars Market Size and Market Share By Region (2019-2026)
12.2. Global Motorcycle Sidecars Market Size and Market Share By Region (2027-2033)
12.3. Asia-Pacific
12.3.1. Australia
12.3.2. China
12.3.3. India
12.3.4. Japan
12.3.5. South Korea
12.3.6. Rest of Asia-Pacific
12.4. Europe
12.4.1. France
12.4.2. Germany
12.4.3. Italy
12.4.4. Spain
12.4.5. United Kingdom
12.4.6. Rest of Europe
12.5. Middle East and Africa
12.5.1. Kingdom of Saudi Arabia
12.5.2. United Arab Emirates
12.5.3. Rest of Middle East & Africa
12.6. North America
12.6.1. Canada
12.6.2. Mexico
12.6.3. United States
12.7. Latin America
12.7.1. Argentina
12.7.2. Brazil
12.7.3. Rest of Latin America
13. Company Profile
13.1. Champion Trikes & Sidecars
13.1.1. Company details
13.1.2. Financial outlook
13.1.3. Product summary
13.1.4. Recent developments
13.2. DMC Sidecars & Motorcycle Accessories
13.2.1. Company details
13.2.2. Financial outlook
13.2.3. Product summary
13.2.4. Recent developments
13.3. Texas Sidecar Company
13.3.1. Company details
13.3.2. Financial outlook
13.3.3. Product summary
13.3.4. Recent developments
13.4. Ural Motorcycles
13.4.1. Company details
13.4.2. Financial outlook
13.4.3. Product summary
13.4.4. Recent developments
13.5. Watsonian Squire Ltd.
13.5.1. Company details
13.5.2. Financial outlook
13.5.3. Product summary
13.5.4. Recent developments
13.6. Others
14. List of Abbreviations
15. Reference Links
16. Conclusion
17. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.