+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

Motorcycles in South Korea

  • PDF Icon

    Report

  • 45 Pages
  • April 2024
  • Region: South Korea
  • MarketLine
  • ID: 5979180
Motorcycles in South Korea industry profile provides top-line qualitative and quantitative summary information including: market size (value 2018-23, 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 motorcycles market consists of all on- and off-road motorcycles including scooters and mopeds.
  • The South Korean motorcycles market had total revenues of$1.41 billion in 2023, representing a compound annual growth rate (CAGR) of 0.9% between 2018 and 2023.
  • Market consumption volume increased with a CAGR of 2.4% between 2018 and 2023, to reach a total of 224.8 thousand units in 2023.
  • South Korea held a 1.7% stake in the Asia-Pacific motorcycles market share in 2023.

Scope

  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the motorcycles market in South Korea
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the motorcycles market in South Korea
  • Leading company profiles reveal details of key motorcycles market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the South Korea motorcycles market with five year forecasts

Reasons to Buy

  • What was the size of the South Korea motorcycles market by value in 2023?
  • What will be the size of the South Korea motorcycles market in 2028?
  • What factors are affecting the strength of competition in the South Korea motorcycles market?
  • How has the market performed over the last five years?
  • What are the main segments that make up South Korea's motorcycles market?

Table of Contents

1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Market volume
1.4. Market volume forecast
1.5. Category segmentation
1.6. Geography segmentation
1.7. Market rivalry
1.8. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
3.2. Market volume
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
5 Market Outlook
5.1. Market value forecast
5.2. Market volume forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Who are the leading players in the market?
7.2. What strategies do the leading players follow?
7.3. What are the strengths of the leading players?
8 Company Profiles
8.1. KR Motors Co Ltd
8.2. Honda Motor Co., Ltd.
8.3. Suzuki Motor Corporation
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related research
10.4. About the Publisher
List of Tables
Table 1: South Korea motorcycles market value: $ million, 2018-23
Table 2: South Korea motorcycles market volume: thousand units, 2018-23
Table 3: South Korea motorcycles market category segmentation: % share, by volume, 2018-2023
Table 4: South Korea motorcycles market category segmentation: thousand units, 2018-2023
Table 5: South Korea motorcycles market geography segmentation: $ million, 2023
Table 6: South Korea motorcycles market value forecast: $ million, 2023-28
Table 7: South Korea motorcycles market volume forecast: thousand units, 2023-28
Table 8: KR Motors Co Ltd: key facts
Table 9: KR Motors Co Ltd: Annual Financial Ratios
Table 10: KR Motors Co Ltd: Key Employees
Table 11: Honda Motor Co., Ltd.: key facts
Table 12: Honda Motor Co., Ltd.: Annual Financial Ratios
Table 13: Honda Motor Co., Ltd.: Key Employees
Table 14: Honda Motor Co., Ltd.: Key Employees Continued
Table 15: Suzuki Motor Corporation: key facts
Table 16: Suzuki Motor Corporation: Annual Financial Ratios
Table 17: Suzuki Motor Corporation: Key Employees
Table 18: South Korea size of population (million), 2019-23
Table 19: South Korea gdp (constant 2005 prices, $ billion), 2019-23
Table 20: South Korea gdp (current prices, $ billion), 2019-23
Table 21: South Korea inflation, 2019-23
Table 22: South Korea consumer price index (absolute), 2019-23
Table 23: South Korea exchange rate, 2019-23
List of Figures
Figure 1: South Korea motorcycles market value: $ million, 2018-23
Figure 2: South Korea motorcycles market volume: thousand units, 2018-23
Figure 3: South Korea motorcycles market category segmentation: thousand units, 2018-2023
Figure 4: South Korea motorcycles market geography segmentation: % share, by value, 2023
Figure 5: South Korea motorcycles market value forecast: $ million, 2023-28
Figure 6: South Korea motorcycles market volume forecast: thousand units, 2023-28
Figure 7: Forces driving competition in the motorcycles market in South Korea, 2023
Figure 8: Drivers of buyer power in the motorcycles market in South Korea, 2023
Figure 9: Drivers of supplier power in the motorcycles market in South Korea, 2023
Figure 10: Factors influencing the likelihood of new entrants in the motorcycles market in South Korea, 2023
Figure 11: Factors influencing the threat of substitutes in the motorcycles market in South Korea, 2023
Figure 12: Drivers of degree of rivalry in the motorcycles market in South Korea, 2023

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • KR Motors Co Ltd
  • Honda Motor Co., Ltd.
  • Suzuki Motor Corporation