In this article, we discuss the 5 biggest bike companies in the world. If you want to read about some more bike companies, go directly to 15 Biggest Bike Companies In The World.
5. Bajaj Auto
Market Capitalization: $12 Billion
Despite being the sixth-largest motorcycle manufacturer in the world, the primary product of Bajaj Auto is not motorcycles. Instead, as the industry leader in three-wheeler bikes, they are most recognised for them. In FY 2021, they made net sales of $3.9 billion. Bajaj Auto has a range of bikes such as Discover, CT 100 Platina, Pulsar, and Avenger. All these bikes produced by the company were successful in capturing the domestic and South Asian markets. The key indicator of success for the company’s bike range has been its affordability as well as mileage which led to global prominence ultimately.
4. Ducati
Market Capitalization: $1 Billion
In 1950, Ducati – the Italian sensation – began producing motorcycles, and in 2012, it joined the Volkswagen Group. Unlike Japanese producers, Ducati does not prioritize producing motorcycles that are affordable and cost-effective. Since it caters to the luxury end of the motorbike market, its vehicles are pricey yet of the highest caliber. Ducati’s status as one of the premier superbike manufacturers is further enhanced by the fact that they have won 17 World Superbike Titles, more than all other manufacturers put together. Ducati sold 53,184 units in 2019 and generated $803.3 million in revenue. Ducati has been able to sell about 50,000 units annually despite charging extraordinarily high prices because its motorcycles are of such excellent quality that give them brand value and pricing power.
3. BMW Motorrad
Market Capitalization: $56 Billion
BMW Motorrad is the motorbike division of the German multinational company BMW. In 1923, the Munich-based company produced its first motorcycle. More than 1,200 retailers and importers are currently selling its motorcycles in more than 90 different nations. From 2011 to 2019, BMW saw a steady increase in yearly sales, with motorcycle sales reaching an all-time high of 175,162. Despite the fall in sales brought on by the pandemic, BMW Motorrad nonetheless sold 169,272 motorcycles globally in the fiscal year 2020. In 2020, BMW Motorrad’s sales decreased by just 3.4% year over year, resulting in sales revenue of $27.7 billion.
2. Suzuki
Market Capitalization: $17 Billion
Suzuki currently operates 35 production facilities across 23 nations and has the largest distribution network of any bike manufacturer, with 133 distributors spread throughout 192 nations. Suzuki’s motorcycle division sold 1,708,000 units in its fiscal year 2019 recording a 2.1% year-over-year loss. Also falling by 4.9% to $2.26 billion from $3.43 billion were sales revenues. For various types of consumers, they have a wide selection of motorcycles, including sports bikes, cruisers, touring, and dirt bikes. The company has a market cap of close to $20 billion. Suzuki has been able to achieve a 28% growth rate in the ASEAN region in the past few months, which is a key market for bikes. Notably, the most selling bikes of the company are Intruder, Gixxer, Gixxer SF, and the V-Strom.
1. Honda
Market Capitalization: $50 Billion
Currently, Honda is the world’s biggest manufacturer of motorcycles. During the 2020 fiscal year, the Tokyo-based company sold 19.3 million motorcycles globally. The company’s sales were 20.2 million units in 2019 and declined to 15.1 million units sales in the year 2021. The decreasing sales were the result of the global pandemic and economic downturn which ultimately shrunk the purchasing power of consumers globally. Honda has collectively sold more than 300,000,000 units since its founding in 1949. These numbers demonstrate how well-liked it is among motorbike buyers. Honda has a global supply network that includes 35 production facilities spread over 21 nations. The firm has a market cap of over $50 billion.
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