Worldwide Motorcycle Sales Projected to Grow by 5% Annually Through 2009
This is according to research from the Freedonia Group, an international business research company in Cleveland, OH. This is actually a drop, from 6.8% annual growth during the 1999 to 2004 period. Freedonia says, "Gains will be driven by the emerging Asian economies, where motorcycles are seen as primary family and work vehicles, as well as by much smaller markets in industrialized nations, where motorcycles are seen as pleasure vehicles." It projects that sales will begin to rise at a stronger rate after 2009. World consumption is currently almost 33 million units.
Freedonia Group Summary