Motorcycles North America (NAFTA) Industry Guide 2019-2028
Motorcycles North America (NAFTA) Industry Guide 2019-2028
Summary
The NAFTA Motorcycles industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2019-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
Summary
The NAFTA Motorcycles industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2019-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The North American Free Trade Agreement (NAFTA) is a trade agreement between the countries in North America: the US, Canada and Mexico. The motorcycles industry within the NAFTA countries had a total market value of $8,857.0 million in 2023. Mexico was the fastest growing country, with a CAGR of 14.8% over the 2019-23 period.
- Within the motorcycles industry, Mexico is the leading country among the NAFTA bloc, with market revenues of $4,463.4 million in 2023. This was followed by US and Canada, with a value of $3,787.8 and $605.7 million, respectively.
- Mexico is expected to lead the motorcycles industry in the NAFTA bloc, with a value of $6,958.1 million in 2028, followed by US and Canada with expected values of $4,255.5 and $788.9 million, respectively.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the NAFTA motorcycles market
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the NAFTA motorcycles market
- Leading company profiles reveal details of key motorcycles market players’ NAFTA operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the NAFTA motorcycles market with five year forecasts by both value and volume
- Compares data from the US, Canada and Mexico, alongside individual chapters on each country
- What was the size of the NAFTA motorcycles market by value in 2023?
- What will be the size of the NAFTA motorcycles market in 2028?
- What factors are affecting the strength of competition in the NAFTA motorcycles market?
- How has the market performed over the last five years?
- Who are the top competitors in the NAFTA motorcycles market?
1 INTRODUCTION
1.1. What is this report about?
1.2. Who is the target reader?
1.3. How to use this report
1.4. Definitions
2 NAFTA MOTORCYCLES
2.1. Industry Outlook
3 MOTORCYCLES IN CANADA
3.1. Market Overview
3.2. Market Data
3.3. Market Segmentation
3.4. Market outlook
3.5. Five forces analysis
4 MACROECONOMIC INDICATORS
4.1. Country data
5 MOTORCYCLES IN MEXICO
5.1. Market Overview
5.2. Market Data
5.3. Market Segmentation
5.4. Market outlook
5.5. Five forces analysis
6 MACROECONOMIC INDICATORS
6.1. Country data
7 MOTORCYCLES IN THE UNITED STATES
7.1. Market Overview
7.2. Market Data
7.3. Market Segmentation
7.4. Market outlook
7.5. Five forces analysis
8 MACROECONOMIC INDICATORS
8.1. Country data
9 COMPANY PROFILES
9.1. Bayerische Motoren Werke AG
9.2. Honda Motor Co., Ltd.
9.3. Yamaha Motor Co Ltd
9.4. Piaggio & C. S.p.A.
9.5. KTM AG
9.6. Kawasaki & Co., Ltd.
9.7. Grupo Elektra SAB de CV
9.8. Bajaj Auto Ltd
9.9. Ural Motorcycles
9.10. Suzuki Motor Corporation
9.11. KR Motors Co Ltd
9.12. Ducati Motor Holding S.p.A.
9.13. Triumph Motorcycles Ltd
9.14. Hero MotoCorp Ltd
9.15. TVS Motor Co Ltd
9.16. Harley-Davidson, Inc.
9.17. Sanyang Motor Co., Ltd.
9.18. Vmoto Limited
10 APPENDIX
10.1. Methodology
10.2. About MarketLine
1.1. What is this report about?
1.2. Who is the target reader?
1.3. How to use this report
1.4. Definitions
2 NAFTA MOTORCYCLES
2.1. Industry Outlook
3 MOTORCYCLES IN CANADA
3.1. Market Overview
3.2. Market Data
3.3. Market Segmentation
3.4. Market outlook
3.5. Five forces analysis
4 MACROECONOMIC INDICATORS
4.1. Country data
5 MOTORCYCLES IN MEXICO
5.1. Market Overview
5.2. Market Data
5.3. Market Segmentation
5.4. Market outlook
5.5. Five forces analysis
6 MACROECONOMIC INDICATORS
6.1. Country data
7 MOTORCYCLES IN THE UNITED STATES
7.1. Market Overview
7.2. Market Data
7.3. Market Segmentation
7.4. Market outlook
7.5. Five forces analysis
8 MACROECONOMIC INDICATORS
8.1. Country data
9 COMPANY PROFILES
9.1. Bayerische Motoren Werke AG
9.2. Honda Motor Co., Ltd.
9.3. Yamaha Motor Co Ltd
9.4. Piaggio & C. S.p.A.
9.5. KTM AG
9.6. Kawasaki & Co., Ltd.
9.7. Grupo Elektra SAB de CV
9.8. Bajaj Auto Ltd
9.9. Ural Motorcycles
9.10. Suzuki Motor Corporation
9.11. KR Motors Co Ltd
9.12. Ducati Motor Holding S.p.A.
9.13. Triumph Motorcycles Ltd
9.14. Hero MotoCorp Ltd
9.15. TVS Motor Co Ltd
9.16. Harley-Davidson, Inc.
9.17. Sanyang Motor Co., Ltd.
9.18. Vmoto Limited
10 APPENDIX
10.1. Methodology
10.2. About MarketLine
LIST OF TABLES
Table 1: NAFTA countries motorcycles industry, revenue ($m), 2019-28
Table 2: NAFTA countries motorcycles industry, revenue ($m), 2019-23
Table 3: NAFTA countries motorcycles industry forecast, revenue ($m), 2023-28
Table 4: Canada motorcycles market value: $ million, 2018-23
Table 5: Canada motorcycles market volume: thousand units, 2018–23
Table 6: Canada motorcycles market category segmentation: % share, by volume, 2018–2023
Table 7: Canada motorcycles market category segmentation: thousand units, 2018-2023
Table 8: Canada motorcycles market geography segmentation: $ million, 2023
Table 9: Canada motorcycles market share: % share, by volume, 2023
Table 10: Canada motorcycles market value forecast: $ million, 2023–28
Table 11: Canada motorcycles market volume forecast: thousand units, 2023–28
Table 12: Canada size of population (million), 2019–23
Table 13: Canada gdp (constant 2005 prices, $ billion), 2019–23
Table 14: Canada gdp (current prices, $ billion), 2019–23
Table 15: Canada inflation, 2019–23
Table 16: Canada consumer price index (absolute), 2019–23
Table 17: Canada exchange rate, 2019–23
Table 18: Mexico motorcycles market value: $ million, 2018-23
Table 19: Mexico motorcycles market volume: thousand units, 2018–23
Table 20: Mexico motorcycles market category segmentation: % share, by volume, 2018–2023
Table 21: Mexico motorcycles market category segmentation: thousand units, 2018-2023
Table 22: Mexico motorcycles market geography segmentation: $ million, 2023
Table 23: Mexico motorcycles market value forecast: $ million, 2023–28
Table 24: Mexico motorcycles market volume forecast: thousand units, 2023–28
Table 25: Mexico size of population (million), 2019–23
Table 26: Mexico gdp (constant 2005 prices, $ billion), 2019–23
Table 27: Mexico gdp (current prices, $ billion), 2019–23
Table 28: Mexico inflation, 2019–23
Table 29: Mexico consumer price index (absolute), 2019–23
Table 30: Mexico exchange rate, 2019–23
Table 31: United States motorcycles market value: $ million, 2018-23
Table 32: United States motorcycles market volume: thousand units, 2018–23
Table 33: United States motorcycles market category segmentation: % share, by volume, 2018–2023
Table 34: United States motorcycles market category segmentation: thousand units, 2018-2023
Table 35: United States motorcycles market geography segmentation: $ million, 2023
Table 36: United States motorcycles market share: % share, by volume, 2023
Table 37: United States motorcycles market value forecast: $ million, 2023–28
Table 38: United States motorcycles market volume forecast: thousand units, 2023–28
Table 39: United States size of population (million), 2019–23
Table 40: United States gdp (constant 2005 prices, $ billion), 2019–23
Table 41: United States gdp (current prices, $ billion), 2019–23
Table 42: United States inflation, 2019–23
Table 43: United States consumer price index (absolute), 2019–23
Table 44: United States exchange rate, 2019–23
Table 45: Bayerische Motoren Werke AG: key facts
Table 46: Bayerische Motoren Werke AG: Annual Financial Ratios
Table 47: Bayerische Motoren Werke AG: Key Employees
Table 48: Bayerische Motoren Werke AG: Key Employees Continued
Table 49: Honda Motor Co., Ltd.: key facts
Table 50: Honda Motor Co., Ltd.: Annual Financial Ratios
Table 51: Honda Motor Co., Ltd.: Key Employees
Table 52: Honda Motor Co., Ltd.: Key Employees Continued
Table 53: Yamaha Motor Co Ltd: key facts
Table 54: Yamaha Motor Co Ltd: Annual Financial Ratios
Table 55: Yamaha Motor Co Ltd: Key Employees
Table 56: Yamaha Motor Co Ltd: Key Employees Continued
Table 57: Yamaha Motor Co Ltd: Key Employees Continued
Table 58: Piaggio & C. S.p.A.: key facts
Table 59: Piaggio & C. S.p.A.: Annual Financial Ratios
Table 60: Piaggio & C. S.p.A.: Key Employees
Table 61: KTM AG: key facts
Table 62: KTM AG: Key Employees
Table 63: Kawasaki & Co., Ltd.: key facts
Table 64: Kawasaki & Co., Ltd.: Annual Financial Ratios
Table 65: Grupo Elektra SAB de CV: key facts
Table 66: Grupo Elektra SAB de CV: Annual Financial Ratios
Table 67: Grupo Elektra SAB de CV: Key Employees
Table 68: Bajaj Auto Ltd: key facts
Table 69: Bajaj Auto Ltd: Annual Financial Ratios
Table 70: Bajaj Auto Ltd: Key Employees
Table 71: Ural Motorcycles: key facts
Table 72: Ural Motorcycles: Key Employees
Table 73: Suzuki Motor Corporation: key facts
Table 74: Suzuki Motor Corporation: Annual Financial Ratios
Table 75: Suzuki Motor Corporation: Key Employees
Table 76: KR Motors Co Ltd: key facts
Table 77: KR Motors Co Ltd: Annual Financial Ratios
Table 78: KR Motors Co Ltd: Key Employees
Table 79: Ducati Motor Holding S.p.A.: key facts
Table 80: Ducati Motor Holding S.p.A.: Key Employees
Table 81: Triumph Motorcycles Ltd: key facts
Table 82: Triumph Motorcycles Ltd: Key Employees
Table 83: Hero MotoCorp Ltd: key facts
Table 84: Hero MotoCorp Ltd: Annual Financial Ratios
Table 85: Hero MotoCorp Ltd: Key Employees
Table 86: TVS Motor Co Ltd: key facts
Table 87: TVS Motor Co Ltd: Annual Financial Ratios
Table 88: TVS Motor Co Ltd: Key Employees
Table 89: Honda Motor Co Ltd: key facts
Table 90: Harley-Davidson, Inc.: key facts
Table 91: Harley-Davidson, Inc.: Annual Financial Ratios
Table 92: Harley-Davidson, Inc.: Key Employees
Table 93: Harley-Davidson, Inc.: Key Employees Continued
Table 94: Sanyang Motor Co., Ltd.: key facts
Table 95: Sanyang Motor Co., Ltd.: Annual Financial Ratios
Table 96: Sanyang Motor Co., Ltd.: Key Employees
Table 97: Vmoto Limited: key facts
Table 98: Vmoto Limited: Annual Financial Ratios
Table 99: Vmoto Limited: Key Employees
Table 1: NAFTA countries motorcycles industry, revenue ($m), 2019-28
Table 2: NAFTA countries motorcycles industry, revenue ($m), 2019-23
Table 3: NAFTA countries motorcycles industry forecast, revenue ($m), 2023-28
Table 4: Canada motorcycles market value: $ million, 2018-23
Table 5: Canada motorcycles market volume: thousand units, 2018–23
Table 6: Canada motorcycles market category segmentation: % share, by volume, 2018–2023
Table 7: Canada motorcycles market category segmentation: thousand units, 2018-2023
Table 8: Canada motorcycles market geography segmentation: $ million, 2023
Table 9: Canada motorcycles market share: % share, by volume, 2023
Table 10: Canada motorcycles market value forecast: $ million, 2023–28
Table 11: Canada motorcycles market volume forecast: thousand units, 2023–28
Table 12: Canada size of population (million), 2019–23
Table 13: Canada gdp (constant 2005 prices, $ billion), 2019–23
Table 14: Canada gdp (current prices, $ billion), 2019–23
Table 15: Canada inflation, 2019–23
Table 16: Canada consumer price index (absolute), 2019–23
Table 17: Canada exchange rate, 2019–23
Table 18: Mexico motorcycles market value: $ million, 2018-23
Table 19: Mexico motorcycles market volume: thousand units, 2018–23
Table 20: Mexico motorcycles market category segmentation: % share, by volume, 2018–2023
Table 21: Mexico motorcycles market category segmentation: thousand units, 2018-2023
Table 22: Mexico motorcycles market geography segmentation: $ million, 2023
Table 23: Mexico motorcycles market value forecast: $ million, 2023–28
Table 24: Mexico motorcycles market volume forecast: thousand units, 2023–28
Table 25: Mexico size of population (million), 2019–23
Table 26: Mexico gdp (constant 2005 prices, $ billion), 2019–23
Table 27: Mexico gdp (current prices, $ billion), 2019–23
Table 28: Mexico inflation, 2019–23
Table 29: Mexico consumer price index (absolute), 2019–23
Table 30: Mexico exchange rate, 2019–23
Table 31: United States motorcycles market value: $ million, 2018-23
Table 32: United States motorcycles market volume: thousand units, 2018–23
Table 33: United States motorcycles market category segmentation: % share, by volume, 2018–2023
Table 34: United States motorcycles market category segmentation: thousand units, 2018-2023
Table 35: United States motorcycles market geography segmentation: $ million, 2023
Table 36: United States motorcycles market share: % share, by volume, 2023
Table 37: United States motorcycles market value forecast: $ million, 2023–28
Table 38: United States motorcycles market volume forecast: thousand units, 2023–28
Table 39: United States size of population (million), 2019–23
Table 40: United States gdp (constant 2005 prices, $ billion), 2019–23
Table 41: United States gdp (current prices, $ billion), 2019–23
Table 42: United States inflation, 2019–23
Table 43: United States consumer price index (absolute), 2019–23
Table 44: United States exchange rate, 2019–23
Table 45: Bayerische Motoren Werke AG: key facts
Table 46: Bayerische Motoren Werke AG: Annual Financial Ratios
Table 47: Bayerische Motoren Werke AG: Key Employees
Table 48: Bayerische Motoren Werke AG: Key Employees Continued
Table 49: Honda Motor Co., Ltd.: key facts
Table 50: Honda Motor Co., Ltd.: Annual Financial Ratios
Table 51: Honda Motor Co., Ltd.: Key Employees
Table 52: Honda Motor Co., Ltd.: Key Employees Continued
Table 53: Yamaha Motor Co Ltd: key facts
Table 54: Yamaha Motor Co Ltd: Annual Financial Ratios
Table 55: Yamaha Motor Co Ltd: Key Employees
Table 56: Yamaha Motor Co Ltd: Key Employees Continued
Table 57: Yamaha Motor Co Ltd: Key Employees Continued
Table 58: Piaggio & C. S.p.A.: key facts
Table 59: Piaggio & C. S.p.A.: Annual Financial Ratios
Table 60: Piaggio & C. S.p.A.: Key Employees
Table 61: KTM AG: key facts
Table 62: KTM AG: Key Employees
Table 63: Kawasaki & Co., Ltd.: key facts
Table 64: Kawasaki & Co., Ltd.: Annual Financial Ratios
Table 65: Grupo Elektra SAB de CV: key facts
Table 66: Grupo Elektra SAB de CV: Annual Financial Ratios
Table 67: Grupo Elektra SAB de CV: Key Employees
Table 68: Bajaj Auto Ltd: key facts
Table 69: Bajaj Auto Ltd: Annual Financial Ratios
Table 70: Bajaj Auto Ltd: Key Employees
Table 71: Ural Motorcycles: key facts
Table 72: Ural Motorcycles: Key Employees
Table 73: Suzuki Motor Corporation: key facts
Table 74: Suzuki Motor Corporation: Annual Financial Ratios
Table 75: Suzuki Motor Corporation: Key Employees
Table 76: KR Motors Co Ltd: key facts
Table 77: KR Motors Co Ltd: Annual Financial Ratios
Table 78: KR Motors Co Ltd: Key Employees
Table 79: Ducati Motor Holding S.p.A.: key facts
Table 80: Ducati Motor Holding S.p.A.: Key Employees
Table 81: Triumph Motorcycles Ltd: key facts
Table 82: Triumph Motorcycles Ltd: Key Employees
Table 83: Hero MotoCorp Ltd: key facts
Table 84: Hero MotoCorp Ltd: Annual Financial Ratios
Table 85: Hero MotoCorp Ltd: Key Employees
Table 86: TVS Motor Co Ltd: key facts
Table 87: TVS Motor Co Ltd: Annual Financial Ratios
Table 88: TVS Motor Co Ltd: Key Employees
Table 89: Honda Motor Co Ltd: key facts
Table 90: Harley-Davidson, Inc.: key facts
Table 91: Harley-Davidson, Inc.: Annual Financial Ratios
Table 92: Harley-Davidson, Inc.: Key Employees
Table 93: Harley-Davidson, Inc.: Key Employees Continued
Table 94: Sanyang Motor Co., Ltd.: key facts
Table 95: Sanyang Motor Co., Ltd.: Annual Financial Ratios
Table 96: Sanyang Motor Co., Ltd.: Key Employees
Table 97: Vmoto Limited: key facts
Table 98: Vmoto Limited: Annual Financial Ratios
Table 99: Vmoto Limited: Key Employees
LIST OF FIGURES
Figure 1: NAFTA countries motorcycles industry, revenue ($m), 2019-28
Figure 2: NAFTA countries motorcycles industry, revenue ($m), 2019-23
Figure 3: NAFTA countries motorcycles industry forecast, revenue ($m), 2023-28
Figure 4: Canada motorcycles market value: $ million, 2018-23
Figure 5: Canada motorcycles market volume: thousand units, 2018–23
Figure 6: Canada motorcycles market category segmentation: thousand units, 2018-2023
Figure 7: Canada motorcycles market geography segmentation: % share, by value, 2023
Figure 8: Canada motorcycles market share: % share, by volume, 2023
Figure 9: Canada motorcycles market value forecast: $ million, 2023–28
Figure 10: Canada motorcycles market volume forecast: thousand units, 2023–28
Figure 11: Forces driving competition in the motorcycles market in Canada, 2023
Figure 12: Drivers of buyer power in the motorcycles market in Canada, 2023
Figure 13: Drivers of supplier power in the motorcycles market in Canada, 2023
Figure 14: Factors influencing the likelihood of new entrants in the motorcycles market in Canada, 2023
Figure 15: Factors influencing the threat of substitutes in the motorcycles market in Canada, 2023
Figure 16: Drivers of degree of rivalry in the motorcycles market in Canada, 2023
Figure 17: Mexico motorcycles market value: $ million, 2018-23
Figure 18: Mexico motorcycles market volume: thousand units, 2018–23
Figure 19: Mexico motorcycles market category segmentation: thousand units, 2018-2023
Figure 20: Mexico motorcycles market geography segmentation: % share, by value, 2023
Figure 21: Mexico motorcycles market value forecast: $ million, 2023–28
Figure 22: Mexico motorcycles market volume forecast: thousand units, 2023–28
Figure 23: Forces driving competition in the motorcycles market in Mexico, 2023
Figure 24: Drivers of buyer power in the motorcycles market in Mexico, 2023
Figure 25: Drivers of supplier power in the motorcycles market in Mexico, 2023
Figure 26: Factors influencing the likelihood of new entrants in the motorcycles market in Mexico, 2023
Figure 27: Factors influencing the threat of substitutes in the motorcycles market in Mexico, 2023
Figure 28: Drivers of degree of rivalry in the motorcycles market in Mexico, 2023
Figure 29: United States motorcycles market value: $ million, 2018-23
Figure 30: United States motorcycles market volume: thousand units, 2018–23
Figure 31: United States motorcycles market category segmentation: thousand units, 2018-2023
Figure 32: United States motorcycles market geography segmentation: % share, by value, 2023
Figure 33: United States motorcycles market share: % share, by volume, 2023
Figure 34: United States motorcycles market value forecast: $ million, 2023–28
Figure 35: United States motorcycles market volume forecast: thousand units, 2023–28
Figure 36: Forces driving competition in the motorcycles market in the United States, 2023
Figure 37: Drivers of buyer power in the motorcycles market in the United States, 2023
Figure 38: Drivers of supplier power in the motorcycles market in the United States, 2023
Figure 39: Factors influencing the likelihood of new entrants in the motorcycles market in the United States, 2023
Figure 40: Factors influencing the threat of substitutes in the motorcycles market in the United States, 2023
Figure 41: Drivers of degree of rivalry in the motorcycles market in the United States, 2023
Figure 1: NAFTA countries motorcycles industry, revenue ($m), 2019-28
Figure 2: NAFTA countries motorcycles industry, revenue ($m), 2019-23
Figure 3: NAFTA countries motorcycles industry forecast, revenue ($m), 2023-28
Figure 4: Canada motorcycles market value: $ million, 2018-23
Figure 5: Canada motorcycles market volume: thousand units, 2018–23
Figure 6: Canada motorcycles market category segmentation: thousand units, 2018-2023
Figure 7: Canada motorcycles market geography segmentation: % share, by value, 2023
Figure 8: Canada motorcycles market share: % share, by volume, 2023
Figure 9: Canada motorcycles market value forecast: $ million, 2023–28
Figure 10: Canada motorcycles market volume forecast: thousand units, 2023–28
Figure 11: Forces driving competition in the motorcycles market in Canada, 2023
Figure 12: Drivers of buyer power in the motorcycles market in Canada, 2023
Figure 13: Drivers of supplier power in the motorcycles market in Canada, 2023
Figure 14: Factors influencing the likelihood of new entrants in the motorcycles market in Canada, 2023
Figure 15: Factors influencing the threat of substitutes in the motorcycles market in Canada, 2023
Figure 16: Drivers of degree of rivalry in the motorcycles market in Canada, 2023
Figure 17: Mexico motorcycles market value: $ million, 2018-23
Figure 18: Mexico motorcycles market volume: thousand units, 2018–23
Figure 19: Mexico motorcycles market category segmentation: thousand units, 2018-2023
Figure 20: Mexico motorcycles market geography segmentation: % share, by value, 2023
Figure 21: Mexico motorcycles market value forecast: $ million, 2023–28
Figure 22: Mexico motorcycles market volume forecast: thousand units, 2023–28
Figure 23: Forces driving competition in the motorcycles market in Mexico, 2023
Figure 24: Drivers of buyer power in the motorcycles market in Mexico, 2023
Figure 25: Drivers of supplier power in the motorcycles market in Mexico, 2023
Figure 26: Factors influencing the likelihood of new entrants in the motorcycles market in Mexico, 2023
Figure 27: Factors influencing the threat of substitutes in the motorcycles market in Mexico, 2023
Figure 28: Drivers of degree of rivalry in the motorcycles market in Mexico, 2023
Figure 29: United States motorcycles market value: $ million, 2018-23
Figure 30: United States motorcycles market volume: thousand units, 2018–23
Figure 31: United States motorcycles market category segmentation: thousand units, 2018-2023
Figure 32: United States motorcycles market geography segmentation: % share, by value, 2023
Figure 33: United States motorcycles market share: % share, by volume, 2023
Figure 34: United States motorcycles market value forecast: $ million, 2023–28
Figure 35: United States motorcycles market volume forecast: thousand units, 2023–28
Figure 36: Forces driving competition in the motorcycles market in the United States, 2023
Figure 37: Drivers of buyer power in the motorcycles market in the United States, 2023
Figure 38: Drivers of supplier power in the motorcycles market in the United States, 2023
Figure 39: Factors influencing the likelihood of new entrants in the motorcycles market in the United States, 2023
Figure 40: Factors influencing the threat of substitutes in the motorcycles market in the United States, 2023
Figure 41: Drivers of degree of rivalry in the motorcycles market in the United States, 2023
