Latin America Motorcycles Market Size & Outlook, 2026-2033

The motorcycles market in Latin America is expected to reach a projected revenue of US$ 6,699.0 million by 2033. A compound annual growth rate of 13.1% is expected of Latin America motorcycles market from 2026 to 2033.
Revenue, 2025 (US$M)
$2,698.6
Forecast, 2033 (US$M)
$6,699.0
CAGR, 2026 - 2033
13.1%
Report Coverage
Latin America

Latin America motorcycles market highlights

  • The Latin America motorcycles market generated a revenue of USD 2,698.6 million in 2025.
  • The market is expected to grow at a CAGR of 13.1% from 2026 to 2033.
  • In terms of segment, on-road motorcycles was the largest revenue generating type in 2025.
  • On-road Motorcycles is the most lucrative type segment registering the fastest growth during the forecast period.
  • Country-wise, Brazil is expected to register the highest CAGR from 2026 to 2033.


Latin America data book summary

Market revenue in 2025USD 2,698.6 million
Market revenue in 2033USD 6,699.0 million
Growth rate13.1% (CAGR from 2026 to 2033)
Largest segmentOn-road motorcycles
Fastest growing segmentOn-road Motorcycles
Historical data covered2021 - 2024
Base year for estimation2025
Forecast period covered2026 - 2033
Quantitative unitsRevenue in USD million
Market segmentationOn-road Motorcycles, Off-road Motorcycles, Scooters


Other key industry trends

  • In terms of revenue, Latin America region accounted for 2.1% of the global motorcycles market in 2025.
  • Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2033.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 214,848.4 million by 2033.

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Motorcycles Market Companies

Name Profile # Employees HQ Website
TVS Motor Company View profile 5001-10000 Chennai, Tamil Nadu, India, Asia http://www.tvsmotor.com
HeroMotoCorp View profile 10001+ New Delhi, Delhi, India, Asia http://www.heromotocorp.com/en-in/
Bajaj View profile 10001+ Pune, Maharashtra, India, Asia https://www.bajajauto.com/
Yamaha Motor Co Ltd View profile 65477 2500, Shingai, Iwata, Shizuoka, Japan, 438-8501 http://www.yamaha-motor.co.jp
Bayerische Motoren Werke AG View profile 154950 Petuelring 130, Munich, BY, Germany, 80809 https://www.bmwgroup.com
Suzuki Motor Corp View profile 114903 300 Takatsuka-cho, Minami-ku, Shizuoka, Hamamatsu, Japan, 432-8611 https://www.globalsuzuki.com
Piaggio & C. SpA View profile 5925 Viale Rinaldo Piaggio, 25, Pontedera, Pisa, Italy, 56025 https://www.piaggiogroup.com
Honda Motor Co Ltd View profile 194993 Number 1-1, Minami-Aoyama 2-chome, Minato-ku, Tokyo, Japan, 107-8556 https://global.honda
Yadea Group Holdings Ltd Shs Unitary 144A/RegS View profile 12338 Xishan Road, Dacheng Industrial Zone, Anzhen Town, Xishan District, Jiangsu Province, Wuxi, China, People's Republic of https://www.yadea.com.cn
Harley-Davidson Inc View profile 6400 3700 West Juneau Avenue, Milwaukee, WI, United States, 53208 https://www.harley-davidson.com

Latin America motorcycles market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to motorcycles market will help companies and investors design strategic landscapes.


On-road motorcycles was the largest segment with a revenue share of 57.73% in 2025. Horizon Databook has segmented the Latin America motorcycles market based on on-road motorcycles, off-road motorcycles, scooters covering the revenue growth of each sub-segment from 2021 to 2033.


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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America motorcycles market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America motorcycles market from 2021 to 2033, including revenue numbers, major trends, and company profiles.

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Latin America motorcycles market size, by country, 2021-2033 (US$M)

Latin America Motorcycles Market Outlook Share, 2025 & 2033 (US$M)

Latin America motorcycles market size, by country, 2021-2033 (US$M)

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