Here’s a detailed overview of the world’s top motorcycle brands and their latest achievements:
Honda:
1) Honda remains the global leader in the motorcycle industry, with record-breaking sales of 19.6 million units in 2024, accounting for nearly 40% of the global market.
2) Its dominance is fueled by strong growth in markets like India (+30.5%), Turkey (+82.8%), and Ukraine (+106%).
3) Honda is also investing heavily in electric motorcycles, with plans to build the world's largest EV manufacturing plant in India within three years.
Hero MotoCorp:
1) The Indian giant holds its position as the second-largest motorcycle brand globally, driven by its affordable commuter bikes and expanding presence in Africa and Latin America.
Yamaha:
1) Yamaha secures the third spot with innovative models and a focus on adventure bikes and sports motorcycles. It is also venturing into electric mobility and smart technology integration.
Bajaj Auto & TVS Motor:
1) These Indian manufacturers are experiencing double-digit growth, thanks to their stronghold in domestic and export markets. Bajaj’s Pulsar series and TVS’s Apache lineup remain fan favorites.
Electric Motorcycles:
1) Brands like Zero Motorcycles and Harley-Davidson are pushing boundaries with new electric models, focusing on sustainability and performance.
2) The motorcycle industry is evolving rapidly, driven by electrification, connectivity, and customization trends. As these brands innovate to meet consumer demand, they are shaping a thrilling future for two-wheel enthusiasts worldwide.
Source: MotorCyclesData, Kamax Group