Motorcycles

With the first U.S. model produced by the Metz Company in 1898, two-wheelers have become a staple in the United States and global vehicle market. The worldwide motorcycle market was estimated to dip from over 117 billion U.S. dollars to some 109.1 billion in 2021, with a projected recovery in 2022. In 2021, the United States motorcycle market was forecast to amount to just under 5.3 billion U.S. dollars in revenue across all market segments. A year earlier, in 2020, the country’s motorcycle, bicycle, and parts manufacturing gross output reached over seven billion U.S. dollars, a year-over-year increase of around 1.6 percent. Consumers in the U.S. bought an estimated 780,000 motorcycles in 2020, up some 67 percent compared to 2019 estimates. While sales climbed, the average price of two-wheelers remained stable despite the COVID-19 pandemic, at around 11,894 U.S. dollars per motorcycle as of 2021.