The motorcycle business has grown rapidly over the last two decades as millions of people in developing nations have risen out of poverty, resulting in an increase in demand for two-wheelers. This expansion is expected to continue throughout the coming decade.
According to Statista, the motorbike business will be worth a whopping $156.9 billion by 2026. Motorcycles are becoming increasingly popular as a low-cost mode of transportation, particularly in underdeveloped countries. It’s much more fun to ride a motorcycle than to sit in traffic in a car.
Top 5 Motorcycle Brands in the World
You should make certain that the motorcycle type and motorcycle brand you select fit you like a motorcycle glove. Are you looking for speed and style? Consider a machine from one of the European motorbike manufacturers.
To assist you on your motorbike journey, we have compiled a list of the top ten motorcycle brands based on popularity, dependability, design, and power.
5. Bayerische Motoren Werke Aktiengesellschaft (BMW)
BMW is a German multinational corporation, and BMW Motorrad is its motorcycle division. In 1923, the Munich-based company produced its first motorcycle. Currently, more than 1,200 dealerships and importers in over 90 countries sell its motorcycles.
From 2011 to 2019, BMW’s annual sales increased steadily, with the number of motorcycles sold reaching an all-time peak of 175,162. Despite the decline in sales caused by the pandemic, BMW Motorrad sold 169,272 motorcycles worldwide in fiscal year 2020.
BMW Motorrad offers BMW motorcycle training in over 30 countries. The BMW S 1000 RR is the ideal combination of all of their outstanding features.
The following in line is the American icon Harley Davidson. The company produced its first motorized bicycle in 1903 and rose to prominence after supplying U.S. forces during World War I. Harley Davidson is the earliest American motorcycle manufacturer still in operation. Today, Harley-Davidson has a worldwide dealer network of 1,379 locations.
Despite the devastating impact of the pandemic on sales, Harley-Davidson managed to sell 180,248 motorcycles and generate $4.05 billion in revenue during the 2020 fiscal year.
The Italian phenomenon Ducati occupies the third position. In 1950, Ducati began manufacturing motorcycles, and in 2012, it joined the Volkswagen Group (ETR: VOW3). Ducati motorcycles are distinguished by their beauty, swiftness, and exorbitant prices. The fact that Ducati has won 17 World Superbike Championships, more than all other manufacturers combined, bolsters its position as the leading superbike manufacturer.
In 2019, Ducati sold 53184 units and generated a total revenue of €716 (approximately $803.3) million. Ducati has been able to sell approximately 50,000 units annually despite exceptionally high prices because the quality of their motorcycles is worth every penny the client pays. In 2018, one out of every four superbikes sold worldwide belonged to the Ducati Panigale family.
2. Honda Motor Co.
In fiscal year 2020, the Tokyo-based company sold 19.3 million motorcycles worldwide. Since its founding in 1949, Honda has sold over 300,000,000,000,000 units. These numbers demonstrate its prominence in the motorcycle industry. Honda’s global supply chain includes 35 manufacturing facilities in 21 countries. In 2017, the organization made history when the production of the ‘Honda Super Cub’ reached 100 million units.
It appears that some of their motorcycles do not require any fuel to operate; they only need to sniff fuel to get moving. Honda CBF125 and Honda NC750X are renowned throughout the world for their fuel economy.
In addition, Honda has won 153 MotoGP races, another gemstone in its crown. In its CBR series, Honda has produced one of the finest racing motorcycles. In addition to producing conventional motorcycles, Honda also manufactures cruisers, sports bikes, dirt bikes, and scooters.
1. Yamaha Motor Co.
Yamaha is at the summit of the list of the best motorcycle manufacturers. Yamaha Motors, with its headquarters in Iwata, Japan, has 135 subsidiaries and more than 52,000 employees for its manufacturing and marketing operations.
In the 2019 fiscal year, Yamaha sold approximately five million motorcycles with an annual sales revenue of $15,3 billion, which speaks volumes about the company’s popularity among two-wheel enthusiasts.
The MT family from Yamaha is the finest series of naked motorcycles. Since its 2014 debut, over 125,000 units of its MT-07 have been sold, making it the most popular hyper naked motorcycle.
With its adventure-oriented slim body, flat seat, and sophisticated twin-cylinder engine, the Yamaha Tenere 700 is an excellent motorcycle for adventure touring. Similarly, they offer the YZF-R1M, one of the finest sports bikes, for $26,099 only. They produce outstanding bicycles for anyone who desires one.