Off-road Motorcycles - United Arab Emirates

United Arab Emirates

The Off-road Motorcycles market segment in the United Arab Emirates is projected to generate a revenue of €10.56m in 2024.
This market segment is expected to experience an annual growth rate (CAGR 2024-2029) of 0.78%, resulting in a projected market volume of €10.98m by 2029.
By 2029, the unit sales of Off-road Motorcycles market are anticipated to reach 1.74k motorcyles.
The volume weighted average price of the Off-road Motorcycles market segment in 2024 is expected to be €6.36k.
On an international scale, it is evident that Brazil will generate the highest revenue in the Off-road Motorcycles market segment, amounting to €1,251.00m in 2024.
The off-road motorcycle market in the United Arab Emirates is experiencing a surge in demand due to the country's vast desert terrain and growing interest in adventure sports.

Key regions: Germany, Italy, United States, Portugal, Spain

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Región

Comparación de regiones

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Analyst Opinion

The Off-road Motorcycles market in United Arab Emirates is experiencing steady growth, driven by increasing customer preferences for adventure sports and outdoor activities. Off-road motorcycles, also known as dirt bikes, are becoming increasingly popular among thrill-seekers and outdoor enthusiasts in the country.

Customer preferences: Customers in United Arab Emirates are increasingly seeking adrenaline-pumping activities and adventure sports. Off-road motorcycles provide an exciting and thrilling experience, allowing riders to explore rugged terrains and navigate through challenging obstacles. The versatility and maneuverability of these motorcycles make them a preferred choice for off-road adventures. Additionally, the growing popularity of motorsports events and off-road racing in the country has further fueled the demand for off-road motorcycles.

Trends in the market: One of the key trends in the Off-road Motorcycles market in United Arab Emirates is the rising demand for electric dirt bikes. As sustainability and environmental consciousness gain importance worldwide, customers are looking for eco-friendly alternatives in all aspects of life, including recreational activities. Electric dirt bikes offer a quieter and cleaner riding experience, with zero emissions. This trend aligns with the country's focus on sustainability and green initiatives, making electric dirt bikes an attractive option for environmentally conscious riders. Another trend in the market is the increasing availability of off-road motorcycle rental services. Renting off-road motorcycles has become a popular option for tourists and locals alike who want to experience the thrill of off-road riding without the commitment of owning a motorcycle. Rental services provide a convenient and cost-effective way for individuals to enjoy off-road adventures, contributing to the growth of the market.

Local special circumstances: The desert landscape in United Arab Emirates provides the perfect setting for off-road motorcycle enthusiasts. The country's vast expanses of sandy dunes and rugged terrains offer a challenging and exciting environment for off-road riding. The government has also designated specific areas and tracks for off-road activities, ensuring the safety and preservation of the natural environment. These factors contribute to the popularity of off-road motorcycles in the country.

Underlying macroeconomic factors: United Arab Emirates has a thriving tourism industry, attracting a large number of visitors each year. The country's efforts to diversify its economy and promote tourism have led to the development of various adventure tourism activities, including off-road motorcycle riding. The government's investments in infrastructure, such as the construction of off-road tracks and facilities, have further boosted the growth of the Off-road Motorcycles market. In conclusion, the Off-road Motorcycles market in United Arab Emirates is witnessing growth due to increasing customer preferences for adventure sports, the rising demand for electric dirt bikes, the availability of off-road motorcycle rental services, the country's unique desert landscape, and the government's focus on tourism development. These factors, coupled with underlying macroeconomic factors, are driving the growth of the market in United Arab Emirates.

Methodology

Data coverage:

Data encompasses B2C enterprises. Figures are based on motorcycle sales and revenue excluding scooters/mopeds under 50cc category.

Modeling approach / Market size:

Market sizes are determined by a Bottom-Up approach, based on a specific rationale for each market segment. As a basis for evaluating markets, we use manufacturer websites, national statistics offices, motorcycle associations, motorcycles sales websites. Next we use relevant key market indicators and data from country-specific associations such as GDP per capita, consumer price index, consumer spending, and population. This data helps us to estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the particular market. For example, the forecasting is done on a make level for Motorcycles, using a mix of standard approaches, e.g., exponential smoothing, and uses parameters which best fit the historical data. The main drivers are GDP per capita, consumer price index, consumer spending, and population.

Additional Notes:

The market is updated once a year.