A Brief Analysis of The Motorcycle Market And Price Differences
The motorcycle industry is projected to grow at a rate of 6.1% in 2022, according to the anticipated motorcycles and personal mobility report published by The NPD Group
This growth is fueled primarily by increasing demand for sportbikes among new riders and emerging markets
In addition, aging baby boomers are increasingly choosing motorcycles as their preferred mode of transportation due to their relatively lower price and ease of use
The top three most famous motorcycles in 2022 are the Harley-Davidson® Motorcycle, Kawasaki Vulcan 1500 Classic motorcycle, and BMWG adventure motorcycle
The Honda CBR® 1000RR ABS has ranked as the best-selling sportbike in 2022.
The average cost to buy a starter motorcycle will be $14,899 in 2022
The most expensive motorcycle sold that year was the Ducati Monster S2R ($29,999)
The least costly motorcycle sold that year was the Yamaha YZF-R1 Sports Bike ($7299).