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Uzone.id – In the world of motorbikes, various brands and models of motorbikes dominate the streets. Interestingly, behind the diversity of motorbike brands, there are several main players who dominate the industry globally.
The following are the 10 largest motorbike companies in the world based on their revenue in 2022 based on data from Statista:
1. Honda (Japan)
Honda is the defending champion who tops the list of the biggest motorbike automotive industry giants in the world. This familiar brand recorded achievements of up to $26.2 billion in 2022.
Honda’s popularity in the global market is driven by various factors ranging from reliability, fuel efficiency, to affordable prices. The small motorbike models that are in great demand are the BeAT, Scoopy, and CB series which are the most sought after in various countries.
2. Yamaha (Japan)
Yes, it’s no surprise that Yamaha is in second place on this list because it is often compared to its sibling, Honda. Yamaha has revenues reaching $8.2 billion in 2022.
This brand is famous for its powerful and innovative sports motorbikes in the R Series and MT Series. On the other hand, Yamaha is also strong in the automatic scooter and Maxi scooter segments such as Nmax and Xmax.
3. Hero MotoCorp (India)
This company from India unexpectedly occupies second place on the list of the largest motorbike automotive giants in the world. This Indian brand has revenues of $4.6 billion in 2022.
Hero MotoCorp is known for focusing on the affordable entry-level motorcycle segment. Not many people know this brand, but it is quite well known in developing markets such as the African continent.
4. Bajaj Auto (India)
India is back on the list, this time represented by Bajaj Auto which occupies fourth place. This Indian brand had revenues of up to $3.2 billion in 2022.
Bajaj Auto is famous for its Pulsar product, which is an affordable and agile sports bike, making it a favorite among young riders in India. Bajaj Auto also produces other motorbikes thanks to collaboration, such as small motorbikes from KTM and Triumph.
5. TVS Motor Company (India)
Who would have thought that TVS Motor Company would be in the top 5 largest motorbike companies in the world? This brand pocketed revenues of $2.7 billion in 2022.
This brand is known for its focus on innovation and technology, resulting in stylish and high-performance motorbikes such as the TVS Apache Series and Jupiter Series. TVS even collaborates with BMW Motorrad to produce small motorbikes such as the G310 GS.
6. Suzuki (Japan)
Suzuki occupies sixth position on the list of the largest motorbike automotive industry giants in the world. Suzuki was able to pocket revenues of $6.6 billion in 2022.
This brand with the S symbol is famous for its products which are quite popular in the world such as the GSX Series. Meanwhile, the smallest models are also quite popular in many countries, such as the Suzuki Satria and Suzuki Address.
7. Harley-Davidson (United States)
This legendary American manufacturer is in eighth place with revenues of $5.4 billion in 2022. Harley-Davidson is famous for its large and powerful cruiser motorcycles, symbolizing freedom and a rebellious lifestyle.
8. KTM (Austria)
The Austrian company is ninth with revenues of $2.4 billion in 2022. KTM is known for its nimble, high-performance off-road and adventure motorcycles, such as the KTM Duke series and KTM Adventure series.
9. Piaggio (Italy)
Piaggio as an Italian company is ranked seventh in the list of the largest motorbike automotive industry giants in the world. This brand, known as a scooter seller, had revenues of $2.3 billion in 2022.
Piaggio is famous for the Vespa, which is an iconic and legendary scooter because of its classic and fashionable design. Apart from Vespa, this Italian brand also has other brands, namely Aprilia as a sports motorbike and Moto Guzzi as a retro-style motorbike.
10. Royal Enfield (India)
This Indian company occupies tenth position with revenues of $2.1 billion in 2022. Royal Enfield is famous for its vintage-style retro motorbikes, such as the Royal Enfield Classic series and the Interceptor series.
