Start your engines: Revenue will rebound as growing household incomes boosts motorcycle sales

The Motorcycle, Bike and Parts Manufacturing industry in Canada has expanded over the past five years, as industry revenue is expected to increase. The industry, being primarily focused on custom and high-end products, is closely tied to consumer income levels and confidence. Moreover, because the Can-Am Spyder is the only mass-produced motorcycle in Canada, industry revenue is reliant on this product's performance, as there is no other domestic mass manufacturer of motorcycles. Industry revenue significantly improved in four of the past five years due to favourable demographics and steady growth in consumer disposable income. Over the next five years, the industry will remain in a transitional phase...read more.

Industry Statistics & Market Size
Revenue
$1bn
Annual Growth 12-17
8.3%
Forecast Growth 17-22
Profit
Employment
1,718
Businesses
161
Market Share of Companies

Industry Threats & Opportunities

  • Industry revenue will rebound as the percentage of households earning $100,000 or more increases
  • The lack of production within Canada necessitates a certain amount of trade to meet demand
  • Rising household incomes will aid motorcycle sales and boost industry revenue growth
  • Industry Report - Starting a New Business Chapter

    The Motorcycle, Bike and Parts Manufacturing industry in Canada exhibits low barriers to entry. There is only one really large operator and most participants represent small operators that have built brand loyalty and are able to market their products aggressively. Having to sway customers from these existing players can deter new businesses from entering the industry. The high costs and risks associated with overcoming existing companies can lead to greater sales and profit fluctuations and a high risk of failure. However, the costs associated with entering the industry are fairly low. The industry includes single individuals assembling bicycles in their shed to the multibillion dollar Bombardier Recreational products. Sou...purchase to read more.

    Additional Insights for the Motorcycle, Bike & Parts Manufacturing Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Motorcycle, Bike & Parts Manufacturing Industry are

  • Must comply with required product standards
  • Development of new products
  • Economies of scope
  • IBISWorld analysts also discuss how external factors such as Number of households earning $100K or more and Canadian-dollar effective exchange rate index in the Motorcycle, Bike & Parts Manufacturing industry impact industry performance..

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    What's in this report

    What is the Motorcycle, Bike & Parts Manufacturing Industry?

    This industry manufactures motorcycles, mopeds, scooters, bicycles or tricycles. It also includes businesses that manufacture equipment and parts for these vehicles.

    Industry Products
  • Motorcycles, mopeds and scooters for street use
  • Other motorcycles, mopeds and scooters
  • Bicycles
  • Parts and components
  • Industry Activities
  • Manufacturing bicycles and bicycle parts
  • Manufacturing motorcycles and parts
  • Manufacturing scooters
  • Manufacturing mopeds
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Number of households earning $100K or more
  • Canadian-dollar effective exchange rate index
  • Consumer Confidence Index
  • Number of motor vehicle registrations
  • Median age of population

  • Current Performance
  • Domestic manufacturing
  • Import penetration
  • Industry composition
  • Chart: Revenue Growth

  • Industry Outlook
  • Increasing market share concentration
  • Exports and imports
  • Industry composition
  • Table: Motorcycle, Bike & Parts Manufacturing Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Motorcycle, Bike & Parts Manufacturing Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Sporting Goods Wholesaling in Canada
  • Motorcycle, Boat & ATV Dealers in Canada
  • Bicycle Dealership & Repair in Canada
  • Sporting Goods Stores in Canada
  • Hobby & Toy Stores in Canada
  • Department Stores in Canada

  • Key Selling Industries
  • Engine & Turbine Manufacturing in Canada
  • Metal Stamping & Forging in Canada
  • Paint Manufacturing in Canada
  • Structural Metal Product Manufacturing in Canada
  • Tire Manufacturing in Canada
  • Wind Turbine Manufacturing in Canada

  • Products & Services
  • Motorcycles, mopeds and scooters for street use
  • Parts and components
  • Other motorcycles, mopeds and scooters
  • Bicycles
  • Chart: Motorcycle, Bike & Parts Manufacturing Industry Products and Services Segmentation

  • Demand Determinants
  • Disposable income
  • Seasonal factors
  • Price of fuel

  • Major Markets
  • Dealerships
  • Retailers and consumers
  • Exports
  • Chart: Major Market Segmentation for the Motorcycle, Bike & Parts Manufacturing Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
    ProfitPurchasesLabourOther
  • Chart: Cost Structure Benchmarking – Sector vs Motorcycle, Bike & Parts Manufacturing

  • Basis of Competition
    Internal competitionExternal competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Motorcycle, Bike & Parts Manufacturing Industry

  • Industry Globalization
    Bombardier Recreational Products Inc.,
  • Table: Bombardier Recreational Products Inc. - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Motorcycle, Bike & Parts Manufacturing Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Motorcycle, Bike & Parts Manufacturing Industry
    Includes:
  • Industry Revenue (2008-2022)
  • Industry Gross Product (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Exports (2008-2022)
  • Imports (2008-2022)
  • Wages (2008-2022)
  • Households earning more than $100,000 (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    All-Terrain Vehicle (Atv)
  • A vehicle designed to handle a wider variety of terrain that travels on low pressure tires, with a seat that is straddled by the operator and handlebars for steering control.
  • Bicycle
  • A predominately human-powered two-wheel vehicle
  • Computer-Aided Design (Cad)
  • The use of computer technology to aid the design and drafting of a part or product using software tools that can create two-dimensional drawings or three-dimensional models.
  • Cruiser
  • A motorcycle that is specifically designed for travelling longer distances and is generally used for leisure purposes.
  • Custom Motorcycle
  • A motorcycle that is highly stylized or that designs aspects such as frame geometry, the engine or paintwork in an unusual way compared with standard manufacturing.
  • Motorcycle
  • A two-wheel motorized vehicle, including automatic scooters, sports motorbikes, offroad motorbikes and cruiser-style motorbikes.
  • Wholesale Bypass
  • A popular trend within retail and manufacturing industries where producers supply goods directly to stores, eliminating the middleman.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Motorcycle, Bike & Parts Manufacturing market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Motorcycle, Bike & Parts Manufacturing:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Motorcycle, Bike & Parts Manufacturing market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Motorcycle, Bike & Parts Manufacturing, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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