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The following is a detailed analysis of the Motorcycle Wheels market in the United States:

1.Market size:

  • The motorcycle market in the Americas will be approximately $21.7 billion in 2023, of which the North American market (including the U.S.) will be approximately $8.5 billion.
  • As the fourth largest motorcycle market in the world, the market size of the United States is steadily increasing and is expected to continue to grow in the coming years.

2.Market growth rate:

  • Over the past five years, the U.S. motorcycle market has grown at a compound annual growth rate (CAGR) of 3.87%, showing a solid growth trend.
  • Despite the impact of external factors such as epidemics, the U.S. motorcycle market still has great potential for growth in the long run.

3.Regional distribution:

  • California is the largest motorcycle market in the U.S., with nearly 10% of the country’s registrations.
  • Other major markets include Florida and New York, which also account for a large percentage of motorcycle registrations.

4.Product Type:

  • On-road motorcycles are the main type of motorcycle sold in the U.S. motorcycle market, accounting for more than 80% of the total.
  • Off-road motorcycles and skateboard motorcycles have smaller sales but also have a certain market share.

5.Brand competition:

  • Harley-Davidson is the motorcycle brand with the highest domestic market share in the United States, accounting for nearly 30%.
  • Globally recognized brands such as Honda, Yamaha and Kawasaki also occupy an important position in the U.S. market, each with a market share of more than 10%.

6.Import situation:

  • Japan and the U.S. have been the first and second countries for China’s motorcycle imports, but imports have shown a downward trend in recent years.
  • In contrast, China is firmly the number one country for U.S. motorcycle imports, but with relatively low export prices.

7.Market trends:

  • The U.S. motorcycle market is tilting toward high-end and specialty models as consumers focus on performance, quality and riding experience.
  • Inexpensive motorcycles may become the new trend in the U.S., especially in a down economy.

In summary, the U.S. motorcycle wheel market has a large size and stable growth trend. However, the market is also relatively competitive, mainly concentrated among a few mainstream brands. For companies that want to enter this market, they need to pay close attention to market dynamics and changes in consumer demand in order to develop appropriate market strategies.

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