Motorcycle Manufacturing in China - Market Research Report (2014-2029)
Beijing, China
Last Updated: May 2024
3731Revenue
$24.2bn
Past 5-Year Growth
Profit
$X.Xbn
Employees
100k
Businesses
175
Wages
$X.Xbn
Motorcycle Manufacturing in China industry analysis
The development of the Motorcycle Manufacturing industry in China has been affected by more restrictive policy and the popularity of automobiles in recent years. Revenue for the Motorcycle Manufacturing in China is expected to increase at an annualized 0.7% to $24.2 billion over the five years through 2024, including a drop of 5.9% in 2024 alone, when profit is anticipated to be 4.9%.
The Government in China has continuously issued industry policies to encourage the use of green vehicles like new energy vehicles to travel. With the gradual penetration of energy conservation and emission reduction awareness in daily life, increasingly congested urban traffic and rapid development of express delivery and take-out, electric motorcycle market develops fast.
In recent years, affected by the rapid growth of residents' income level and the consequent consumption upgrading in China, the domestic motorcycle leisure and cultural industry has entered the rapid development period, and the market demand for motorcycles of medium and large displacement has been growing.
The Motorcycle Manufacturing industry in China is forecast to decrease at an annualized rate of 4.0% over the five years through 2029. By 2029, ACMR-IBISWorld projects that revenue will fall to $19.7 billion. Competition will become more intense, especially in terms of product quality, costs, types, brands and sales service.
Some cities in China have launched regulations that limit the volume of motorcycles, especially for motorcycles that have larger engine capacities. For example, it is very difficult to get a license for motorcycles in some cities, like Beijing and Shanghai, and there are also regulations that limit motorcycles on main roads and expressways, like Line Road and Chang'an Street in Beijing. As a result, industry firms will likely focus on markets in small and medium-sized cities, rural areas and overseas markets over the next five years.
Trends and Insights
- Electric motorcycle market develops fast, benefiting from industry supports. Thanks to rising energy conservation and emission reduction awareness, and rapid development of express delivery and take-out, electric motorcycle travel has become the choice of more people.
- Scooter motorcycles are the largest segment. They’re popular in cities with better road conditions and developed economies.
- Motorcycle manufacturing in Chongqing is highly efficient. Larger firms in this region have invested heavily in technology to reduce labor inputs.
- Firms in this industry mainly compete on the aspects of the product. These include price, quality, after-sales services and distribution networks, etc.
Industry Overview
Market size and recent performance (2014-2029)
Industry revenue has grown at a CAGR of 0.7 % over the past five years, to reach an estimated $24.2bn in 2024.
Trends and Insights
Electric motorcycle market develops fast
- The Government in China has continuously issued industry policies to encourage the use of green vehicles such as new energy vehicles to travel. With the gradual penetration of energy conservation and emission reduction awareness in daily life, electric motorcycle travel has become the choice of more people.
- Additional trends and insights available with purchase
Source: IBISWorld
Industry outlook (2024-2029)
Market size is projected to decline over the next five years.
Trends and Insights
Domestic demand will decrease over the next five years
- Some cities in China have introduced regulations that limit the volume of motorcycles, especially those with a larger engine capacity. For example, it is very difficult to get a license for motorcycles in some cities, like Beijing and Shanghai.
Biggest companies in the Motorcycle Manufacturing in China
| Company | Market Share (%)
2024 | Revenue ($short_0)
2024 |
|---|
There are no companies that hold a large enough market share in the Motorcycle Manufacturing in China industry for IBISWorld to include in this product.
Products & Services Segmentation
Source: IBISWorld
Industry revenue is measured across several distinct product and services lines, including Backbone motorcycles, Scooter motorcycles and Underbone motorcycles. Backbone motorcycles is the largest segment of the Motorcycle Manufacturing in China.
Trends and Insights
Scooter motorcycles are the largest segment
- Scooter motorcycles refer to motorcycles with wide pedal between the seat and the handlebar. When riding, you can put your feet comfortably on it, just like sitting on a chair, without straddling on the vehicle.
- More insights available in the full report
Widen you competitive advantage with related industries
Competitors
- Automobile Manufacturing in China
- Bicycle Manufacturing in China
- Passenger Car Manufacturing in China
Complementors
- There are no industries to display.
International industries
- There are no industries to display.
Table of Contents
About this industry
Industry definition
The Motorcycle Manufacturing industry in China manufactures standard two-wheel, three-wheel and sports motorcycles, as well as scooters. This includes standard motorcycles with sidecars.
What's included in this industry?
Backbone motorcyclesScooter motorcyclesUnderbone motorcyclesThree-wheeled motorcyclesCompanies
Purchase this report to view all major companies in this industry.
Related Terms
SCOOTERCRUISERSTANDARD MOTORCYCLEPerformance
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Analyst insights
Electric motorcycle market develops fast, benefiting from industry supports. Thanks to rising energy conservation and emission reduction awareness, and rapid development of e...
In this chapter (4)
- Current Performance
- Outlook
- Volatility
- Life Cycle
Key metrics
- Annual Revenue, Recent Growth, Forecast, Revenue Volatility
- Number of Employees, Recent Growth, Forecast, Employees per Business, Revenue per Employee
- Number of Businesses, Recent Growth, Forecast, Employees per Business, Revenue per Business
- Total Profit, Profit Margin, Profit per Business
Charts
- Revenue, including historical (2014-2023) and forecast (2024-2029)
- Employees, including historical (2014-2023) and forecast (2024-2029)
- Businesses, including historical (2014-2023) and forecast (2024-2029)
- Profit, including historical (2014-2024)
- Industry Volatility vs. Revenue Growth
- Industry Life Cycle
Detailed analysis
- Trends in supply, demand and current events that are driving current industry performance
- Expected trends, economic factors and ongoing events that drive the industry's outlook
- Key success factors for businesses to overcome volatility
- How contribution to GDP, industry saturation, innovation, consolidation, and technology and systems influence the industry's life cycle phase.
Products and Markets
Learn about an industry's products and services, markets and trends in international trade.
Analyst insight
Scooter motorcycles are the largest segment. They’re popular in cities with better road conditions and developed economies.
In this chapter
- Products & Services
- Major Markets
- International Trade
Key metrics
- Largest market segment and value in 2024
- Product innovation level
- Total imports, level and trend
- Total exports, level and trend
- Trade Balance
Charts
- Products & services segmentation in 2024
- Major market segmentation in 2024
- International trade, including imports by country and exports by country
Detailed analysis
- Trends impacting the recent performance of the industry's various segments
- Innovations in the industry's product or service offering, specialization or delivery method
- Key factors that successful businesses consider in their offerings
- Buying segments and key trends influencing demand for industry products and services
- Recent trends in import and export volumes, country of origin or destination, and expected future trends
Geographic Breakdown
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
Analyst insights
Motorcycle manufacturing in Chongqing is highly efficient. Larger firms in this region have invested heavily in technology to reduce labor inputs.
In this chapter (1)
- Business Locations
Charts
- Share of revenue, establishment, wages and employment in each region
- Share of population compared to establishments in each region in 2024
Tables
- Number and share of establishments in each region in 2024
- Number and share of revenue each region accounts for in 2024
- Number and share of wages each region accounts for in 2024
- Number and share of employees in each region in 2024
Detailed analysis
- Geographic spread of the industry across Asia Pacific, and trends associated with changes in the business landscape
- Key success factors for businesses to use location to their advantage
Competitive Forces
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
Analyst insights
Firms in this industry mainly compete on the aspects of the product. These include price, quality, after-sales services and distribution networks, etc.
In this chapter (4)
- Concentration
- Barriers to Entry
- Substitutes
- Buyer & Supplier Analysis
Key metrics
- Industry concentration level
- Industry competition level and trend
- Barriers to entry level and trend
- Substitutes level and trend
- Buyer power level and trend
- Supplier power level and trend
Charts
- Market share concentration among the top 4 suppliers from 2019-2024
- Supply chain including upstream supplying industries and downstream buying industries, flow chart
Detailed analysis
- Factors impacting the industry’s level of concentration, such as business distribution, new entrants, or merger and acquisition activity.
- Key success factors for businesses to manage the competitive environment of the industry.
- Challenges that potential industry entrants face such as legal, start-up costs, differentiation, labor/capital intensity and capital expenses.
- Key success factors for potential entrants to overcome barriers to entry.
- Competitive threats from potential substitutes for the industry’s own products and services.
- Key success factors for how successful businesses can compete with substitutes.
- Advantages that buyers have to keep favorable purchasing conditions.
- Advantages that suppliers have to maintain favorable selling conditions.
- Key success factors for how businesses can navigate buyer and supplier power.
Companies
Learn about the performance of the top companies in the industry.
Analyst insights
Technology R&D drives development of major companies. Major players in this industry usually strengthens R&D capabilities through increasing R&D expenditure and building rese...
In this chapter
- Market Share Concentration
- Companies
- Company Spotlights
Charts
- Industry market share by company in 2020 through 2024
- Major companies in the industry, including market share, revenue, profit and profit margin in 2024
Detailed analysis
External Environment
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Analyst insights
Alternative competition from automobiles is strong. The rapid development of automobile manufacturing industry has formed strong substitute for motorcycles, with decreasing p...
In this chapter
- External Drivers
- Regulation & Policy
- Assistance
Key metrics
- Regulation & policy level and trend
- Assistance level and trend
Charts
- Regulation & Policy historical data and forecast (2014-2029)
- Assistance historical data and forecast (2014-2029)
Detailed analysis
- Demographic and macroeconomic factors influencing the industry, including Regulation & Policy and Assistance
- Major types of regulations, regulatory bodies, industry standards or specific regulations impacting requirements for industry operators
- Key governmental and non-governmental groups or policies that may provide some relief for industry operators.
Financial Benchmarks
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Analyst insights
Profitability has improved since 2020. This is mainly due to fast growing market segment of motorcycles with large displacement above 250ml.
In this chapter
- Cost Structure
- Financial Ratios
- Key Ratios
Key metrics
- Profit margin, and how it compares to the sector-wide margin
- Average wages, and how it compares to the sector-wide average wage
- Largest cost component as a percentage of revenue
- Industry average ratios for days' receivables, industry coverage and debt-to-net-worth ratio
Charts
- Average industry operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2024
- Average sector operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2024
- Investment vs. share of economy
Data tables
- Cash Flow & Debt Service Ratios (2014-2029)
- Revenue per Employee (2014-2029)
- Revenue per Enterprise (2014-2029)
- Employees per Establishment (2014-2029)
- Employees per Enterprise (2014-2029)
- Average Wage (2014-2029)
- Wages/Revenue (2014-2029)
- Establishments per Enterprise (2014-2029)
- IVA/Revenue (2014-2029)
- Imports/Demand (2014-2029)
- Exports/Revenue (2014-2029)
Detailed analysis
- Trends in the cost component for industry operators and their impact on industry costs and profitability
Key Statistics
Industry Data
Data Tables
Including values and annual change:
- Revenue (2014-2029)
- IVA (2014-2029)
- Establishments (2014-2029)
- Enterprises (2014-2029)
- Employment (2014-2029)
- Exports (2014-2029)
- Imports (2014-2029)
- Wages (2014-2029)
Methodology
How are IBISWorld reports created?
IBISWorld has been a leading provider of trusted industry research for over 50 years to the most successful companies worldwide. With offices in Australia, the United States, the United Kingdom, Germany and China, we are proud to have local teams of analysts that conduct research, data analysis and forecasting to produce data-driven industry reports.
Our analysts start with official, verified and publicly available sources of data to build the most accurate picture of each industry. Analysts then leverage their expertise and knowledge of the local markets to synthesize trends into digestible content for IBISWorld readers. Finally, each report is reviewed by one of IBISWorld’s editors, who provide quality assurance to ensure accuracy and readability.
IBISWorld relies on human-verified data and human-written analysis to compile each standard industry report. We do not use generative AI tools to write insights, although members can choose to leverage AI-based tools within the platform to generate additional analysis formats.
What data sources do IBISWorld analysts use?
Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and our own proprietary database of statistics and analysis to provide balanced, independent and accurate insights.
Key data sources in China include:
- National Bureau of Statistics China
- General Administration of Customs
- People’s Bank of China
Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.
These sources include:
- Industry and trade associations
- Industry federations or regulators
- Major industry players annual or quarterly filings
Finally, IBISWorld’s global data scientists maintain a proprietary database of macroeconomic and demand drivers, which our analysts use to help inform industry data and trends. They also maintain a database of statistics and analysis on thousands of industries, which has been built over our more than 50-year history and offers comprehensive insights into long-term trends.
How does IBISWorld forecast its data?
IBISWorld’s analysts and data scientists use the sources above to create forecasts for our proprietary datasets and industry statistics. Depending on the dataset, they may use regression analysis, multivariate analysis, time-series analysis or exponential smoothing techniques to project future data for the industry or driver. Additionally, analysts will leverage their local knowledge of industry operating and regulatory conditions to impart their best judgment on the forecast model.
IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools. We are proud to be the keystone source of industry information for thousands of companies across the world.
Learn more about our methodology and data sourcing on the Help Center.
Frequently Asked Questions
Unlock comprehensive answers and precise data upon purchase. View purchase options.
What is the market size of the Motorcycle Manufacturing industry in China in 2024?
The market size of the Motorcycle Manufacturing industry in China is $24.2bn in 2024.
How many businesses are there in the Motorcycle Manufacturing in China industry in 2024?
There are 175 businesses in the Motorcycle Manufacturing industry in China, which has declined at a CAGR of 2.5 % between 2019 and 2024.
Has the Motorcycle Manufacturing industry in China grown or declined over the past 5 years?
The market size of the Motorcycle Manufacturing industry in China has been growing at a CAGR of 0.7 % between 2019 and 2024.
What is the forecast growth of the Motorcycle Manufacturing industry in China over the next 5 years?
Over the next five years, the Motorcycle Manufacturing industry in China is expected to decline.
What does the Motorcycle Manufacturing in China include?
Backbone motorcycles and Scooter motorcycles are part of the Motorcycle Manufacturing industry.
How competitive is the Motorcycle Manufacturing industry in China?
The level of competition is high and increasing in the Motorcycle Manufacturing industry in China.
