Industry Analysis & Industry Trends
The Motorcycle Manufacturing industry was on the brink of collapse until the rejuvenation of Triumph in the 1980s, which sparked an industry revival. Triumph remains the only major manufacturer in the industry and the company contributes the majority of industry revenue. Triumph's success over the past five years has driven industry revenue through what would have been an otherwise difficult period. Although other companies are considerably smaller, they have managed to find their place in the global market by successfully targeting niche markets. As a result, industry revenue is forecast to expand at a compound annual rate of 3.4% over the five years through 2015-16 to reach £438.6 million.
A large proportion of industry growth can attributed to the huge success of Triumph... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
The Motorcycle Manufacturing industry is estimated to be in the growth stage of its life cycle. This is largely due to the successful performance of Triumph, which makes up the majority of the industry. The industry's contribution to the economy (industry value added) is forecast to grow at a compound annual rate of 5.4% over the 10 years through 2020-21. Meanwhile, the UK economy is expected to grow at a compound annual rate of 2.1% over the same 10-year period. This shows that the industry's contribution to the economy is growing over time.
The industry depends heavily on the continued operation of Triumphs UK manufacturing plant. Triumph is a growth phase of its own as production is continuing to be ramped up and demand is soaring worldwide... purchase to read more