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 otherwise been a 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 2.6% over the five years through 2016-17 to reach £451.7 million.
A large proportion of industry growth can attributed to the huge success of Triumph... purchase to read more
Industry Report - Industry Products Chapter
The manufacture of motorcycles is the largest activity for the industry and is estimated to account for 80.6% of industry revenue in 2016-17. Motorcycles with an engine capacity above 50 cubic centimetres typically run on an internal combustion piston engine. The most common styles of bikes made in the United Kingdom include naked, custom, touring and supersport motorcycles. Naked bikes are defined as motorcycles without fairings (frames) and are built to basic specifications. Touring bikes with engine displacement of at least 900 cubic centimetres are used for long-range driving and typically have fairings (frames). Custom motorcycles include cruisers and choppers. The.. purchase to read more