The global motorcycle industry continues to show significant growth in 2024. According to the latest report from MotorCyclesData, several major brands still dominate the market with fantastic sales figures. Honda again led the global market with sales reaching 19.4 million units, a 6% increase from the previous year. The markets with the fastest growing Honda sales were Bosnia, Albania, and Ukraine.

Here is the list of the top 8 best-selling motorcycle brands in the world throughout 2024.

  1. Honda - 19.4 million units
  2. Hero Motor - 5.9 million units
  3. Yamaha - 4.6 million units
  4. Yadea - 4.3 million units
  5. TVS Motor - 3.7 million units
  6. Bajaj Auto - 3.1 million units
  7. Suzuki - 2 million units
  8. Italika - 1.3 million units.

Honda's dominance in this list demonstrates strong consumer confidence in the brand in various parts of the world. The growth of markets in Eastern Europe, such as Bosnia, Albania, and Ukraine, is also an interesting highlight. In addition, the emergence of Yadea as one of the major players shows the trend of increasing popularity of electric bikes in the global market. Also, Indian brands are dominating the world market.

Source: MotorCyclesData via DataIndonesia

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