Start your engine: A progressively aging and affluent Canadian population will slightly improve demand

The Motorcycle, Bike and Parts Manufacturing industry in Canada has contracted over the five years to 2019. The industry, being primarily focused on custom and high-end products, is closely tied to consumer income levels and confidence. Industry revenue experienced a moderate level of volatility due to favourable demographics and steady growth in consumer disposable income supporting the industry. Furthermore, profit margins experienced volatility during the period as exports' share of revenue affected growth. Over the five years to 2024, the industry is expected to grow. Operators are almost exclusively small independent custom fabricators that rely on specific demand trends. Similarly, almost all bicycle and bicycle parts manufacturing activity is done in low volume...read more.

Industry Statistics & Market Size
Revenue
$1bn
Annual Growth 14-19
-1.3%
Forecast Growth 19-24
Profit
Employment
1,692
Businesses
167
Market Share of Companies

Industry Threats & Opportunities

  • Industry revenue experienced a moderate level of volatility due to favourable demographics
  • The industry experiences a high level of trade activity
  • Motorcycle sales account for the majority of revenue
  • Industry Report - Industry SWOT Analysis Chapter

    The Motorcycle, Bike and Parts Manufacturing industry in Canada is classified as a declining industry. Over the 10 years to 2024, industry value added (IVA), which measures an industry's contribution to the overall economy, is projected to decrease at an annualized rate of 0.1%. Canadian GDP is expected to grow an annualized 1.7% during the same period. Generally, an IVA rate that is lower than overall economic growth is indicative of a declining industry.While new models and features have been introduced over the five years to 2019, the majority of the companies in the industry continue to manufacture the same type of custom motorcycle. The only remaining major bicycle manufacturer left the industry prior to the reporting period, in 2013. How...purchase to read more.

    Additional Insights for the Motorcycle, Bike & Parts Manufacturing Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Motorcycle, Bike & Parts Manufacturing Industry are

  • Must comply with required product standards
  • Development of new products
  • Economies of scope
  • IBISWorld analysts also discuss how external factors such as Number of households earning $100K or more and Canadian effective exchange rate index in the Motorcycle, Bike & Parts Manufacturing industry impact industry performance..

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    What's in this report

    What is the Motorcycle, Bike & Parts Manufacturing Industry?

    This industry manufactures motorcycles, mopeds, scooters, bicycles or tricycles. It also includes businesses that manufacture equipment and parts for these vehicles.

    Industry Products
  • Motorcycles, mopeds and scooters for street use
  • Other motorcycles, mopeds and scooters
  • Bicycles
  • Parts and components
  • Industry Activities
  • Manufacturing bicycles and bicycle parts
  • Manufacturing motorcycles and parts
  • Manufacturing scooters
  • Manufacturing mopeds
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Number of households earning $100K or more
  • Canadian effective exchange rate index
  • Consumer Confidence Index
  • Number of motor vehicle registrations
  • Median age of population

  • Current Performance
  • Domestic manufacturing
  • Import penetration
  • Industry composition
  • Chart: Revenue Growth

  • Industry Outlook
  • Increasing market share concentration
  • Exports and imports
  • Industry composition
  • Table: Motorcycle, Bike & Parts Manufacturing Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Motorcycle, Bike & Parts Manufacturing Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Sporting Goods Wholesaling in Canada
  • Motorcycle, Boat & ATV Dealers in Canada
  • Bicycle Dealership & Repair in Canada
  • Sporting Goods Stores in Canada
  • Hobby & Toy Stores in Canada
  • Department Stores in Canada

  • Key Selling Industries
  • Engine & Turbine Manufacturing in Canada
  • Metal Stamping & Forging in Canada
  • Paint Manufacturing in Canada
  • Structural Metal Product Manufacturing in Canada
  • Tire Manufacturing in Canada
  • Wind Turbine Manufacturing in Canada

  • Products & Services
  • Motorcycles, mopeds and scooters for street use
  • Other motorcycles, mopeds and scooters
  • Parts and components
  • Bicycles
  • Chart: Motorcycle, Bike & Parts Manufacturing Industry Products and Services Segmentation

  • Demand Determinants
  • Disposable income
  • Seasonal factors
  • Price of fuel

  • Major Markets
  • Dealerships
  • Retailers and consumers
  • Exports
  • Chart: Major Market Segmentation for the Motorcycle, Bike & Parts Manufacturing Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Purchases
  • Wages
  • Other
  • Chart: Cost Structure Benchmarking – Sector vs Motorcycle, Bike & Parts Manufacturing

  • Basis of Competition
    Internal competitionExternal competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Motorcycle, Bike & Parts Manufacturing Industry

  • Industry Globalization
    Bombardier Recreational Products Inc.,
  • Table: Bombardier Recreational Products Inc. - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Motorcycle, Bike & Parts Manufacturing Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Motorcycle, Bike & Parts Manufacturing Industry
    Includes:
  • Industry Revenue (2010-2024)
  • Industry Gross Product (2010-2024)
  • Establishments (2010-2024)
  • Businesses (2010-2024)
  • Employment (2010-2024)
  • Exports (2010-2024)
  • Imports (2010-2024)
  • Wages (2010-2024)
  • Number of households earning $100K or more (2010-2024)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    All-Terrain Vehicle (Atv)
  • A vehicle designed to handle a wider variety of terrain that travels on low pressure tires, with a seat that is straddled by the operator and handlebars for steering control.
  • Bicycle
  • A predominately human-powered two-wheel vehicle.
  • Computer-Aided Design (Cad)
  • The use of computer technology to aid the design and drafting of a part or product using software tools that can create 2D drawings or 3D models.
  • Cruiser
  • A motorcycle that is specifically designed for travelling longer distances and is generally used for leisure purposes.
  • Custom Motorcycle
  • A motorcycle that is highly stylized or that designs aspects such as frame geometry, the engine or paintwork in an unusual way compared with standard manufacturing.
  • Motorcycle
  • A two-wheel motorized vehicle, including automatic scooters, sports motorbikes, offroad motorbikes and cruiser-style motorbikes.
  • Wholesale Bypass
  • A popular trend within retail and manufacturing industries where producers supply goods directly to stores, eliminating the middleman.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Motorcycle, Bike & Parts Manufacturing market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Motorcycle, Bike & Parts Manufacturing:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Motorcycle, Bike & Parts Manufacturing market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Motorcycle, Bike & Parts Manufacturing, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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