How big is the cruiser bikes market today, and what are its future growth expectations?
The cruiser bikes market size has grown strongly in recent years. It will grow from $70.95 billion in 2024 to $75.51 billion in 2025 at a compound annual growth rate (CAGR) of 6.4%. The growth in the historic period can be attributed to state-sponsored cyber warfare, increasing cyber threat landscape, globalization of cyber conflict, military integration of cyber capabilities, rise of nation-state threat actors.
The cruiser bikes market size is expected to see strong growth in the next few years. It will grow to $92.2 billion in 2029 at a compound annual growth rate (CAGR) of 5.1%. The growth in the forecast period can be attributed to ai and machine learning integration, expansion of attack surfaces, 5g technology vulnerabilities, hybrid warfare strategies, emergence of non-state actors. Major trends in the forecast period include increased cybersecurity collaboration, cybersecurity arms race, targeting critical infrastructure, attribution challenges and false flags, rise of cyber mercenaries.
Get Your Free Sample of The Global Cruiser Bikes Market Report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=13412&type=smp
What key drivers have fueled the cruiser bikes market’s development over the years?
Increasing demand for luxury motorcycles is expected to propel the growth of the cruiser bikes market going forward. Luxury motorcycles refer to premium two-wheeled vehicles that offer a combination of advanced engineering, top-tier craftsmanship, and exceptional performance. Cruiser bikes are a type of luxury motorcycle because of their high-end features, premium materials, comfort-oriented design, and relaxed riding experience. For instance, in January 2023, according to BMW Motorrad, a Germany-based motorcycle company, a total of 202,895 motorcycles and scooters were sold globally in 2022, indicating a 4.4% increase from the previous year. The biggest market for these vehicles was Asia, which saw 46,332 units delivered, followed by North America and Latin America with 20,295 units and 25,480 units, respectively. Therefore, increasing demand for luxury motorcycles is driving the growth of the cruiser bike market.
What is the segmentation for the cruiser bikes market?
The cruiser bikes market covered in this report is segmented –
1) By Engine Capacity: Less Than 500 Cubic Capacity (CC), 501cc to 1000 Cubic Capacity (CC), More Than 1000 Cubic Capacity (CC)
2) By Price: Low, Mid, High
3) By Application: Daily Commute, Touring
Subsegments:
1) By Less Than 500 Cubic Capacity (CC): 150cc To 300cc, 301cc To 500cc
2) By 501cc To 1000 Cubic Capacity (CC): 501cc To 700cc, 701cc To 1000cc
3) By More Than 1000 Cubic Capacity (CC): 1001cc To 1500cc, 1501cc To 2000cc, More Than 2000cc
Order your report now for swift delivery
https://www.thebusinessresearchcompany.com/report/cruiser-bikes-global-market-report
Who are the most influential companies in the cruiser bikes market?
Major companies operating in the cruiser bikes market report are Honda Motor Company, Suzuki Motor Company, Hyosung Corporation, Yamaha Motor Company, Kawasaki Heavy Industries Ltd., Polaris Inc., Harley Davidson Inc., The Husqvarna Group, Bajaj Auto Limited, Hero Moto Corp, TVS Motor Company, Ducati Motor Holding, Royal Enfield, Triumph Motorcycles Ltd., Zero Motorcycles Inc., Big Dog Motorcycles, SWM Motorcycles, Cleveland CycleWerks, UM-Motorcycles, Zhongneng Vehicle Group, Arch Motorcycle Company, Boss Hoss Cycles, Curtiss Motorcycles, BMW Motorrad, Jawa Moto
What are the top industry trends projected to impact the cruiser bikes market?
Major companies operating in the cruiser bikes market are increasing their focus on introducing entry-level cruiser bikes through collaborations to gain a competitive edge in the market. Entry-level cruiser bikes are a category of motorcycles characterized by their relatively modest engine displacements, typically below 500 CC. For instance, in July 2023, Harley-Davidson, a US-based cruiser bike manufacturer, in partnership with Hero MotoCorp, an India-based motorcycle manufacturer, launched the Harley-Davidson X 440 in India. The Harley-Davidson X440, jointly developed by Harley-Davidson and Hero MotoCorp, is an air- or oil-cooled single-cylinder motorcycle with a single exhaust. Its entry-level, most affordable cruiser motorbike uses a modern-retro design aesthetic, with styling that is influenced by the Harley-Davidson XR1200. The motorcycle has a teardrop-shaped fuel tank, a round fully digital instrument cluster, a round LED headlamp, and a short tail section. Other standout features include a flat handlebar, machined alloy wheels, and round LED indicators.
What are the major regional insights for the cruiser bikes market, and which region holds the top position?
North America was the largest region in the cruiser bikes market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the cruiser bikes market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Does The Cruiser Bikes Market Report 2025 Offer?
The cruiser bikes market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
Cruiser bikes refer to a type of motorcycle designed for a relaxed and comfortable riding experience over high-speed performance. These bikes typically have low seat heights, allowing riders to place their feet flat on the ground when stopped. They often feature wide handlebars and forward-set footpegs to enhance the rider’s comfort during long rides.
Purchase the exclusive report now to unlock valuable market insights:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=13412
About The Business Research Company
With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead.
Our flagship product, the Global Market Model, is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
