Because the Motorcycle Dealership and Repair industry retails discretionary products, demand for motorcycles came to a screeching halt throughout the recession. Per capita disposable income weakened and consumers found it difficult to obtain financing, causing sales of new motorcycles to fall significantly and forcing industry operators to rely on income from repairs. However, pent-up demand from consumers who postponed big-ticket purchases during the recession is expected to lift industry revenue in the coming five years. Dealers that target emerging market segments such as women and younger adults, and that meet new demand for environmentally friendly vehicles, will particularly benefit as the economy improves.
This industry sells or repairs motorcycles, all-terrain vehicles and personal watercrafts. It also provides repair services and retails replacement parts and accessories.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.