2025 Global Outboard Engine Production
684,000 units is the estimate by Power Systems Research of the number of Outboard Engines expected to be produced worldwide in 2025.
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2025-06-22
2025-05-25
KTM Grapples with Restructuring Efforts
The KTM Group, under the parent company Pierer Mobility AG, is currently navigating significant financial headwinds. Late November 2024 saw KTM AG enter a 90-day period of self-administration, a form of insolvency protection, burdened by approximately €3 billion in debt.
This move initiated a critical restructuring phase aimed at stabilizing the company’s financial position. A key milestone was reached in late February 2025 when creditors approved KTM’s restructuring plan, agreeing to a 30% debt repayment by May 23, 2025. This agreement hinged on KTM successfully raising €600 million by this crucial deadline, leading to an active search for potential investors.
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2025-04-25
2-Wheelers Demand Crumbles Across European
Brussels, Belgium. Registrations of power 2-wheelers across the top 10 markets in Europe were down 19% in the first quarter of 2025 compared to the same period of 2024. This result is mainly a consequence of the introduction of the Euro 5+ emissions standards on Jan. 1, 2025, and it was anticipated after the very positive results of 2024.
Germany, Austria and the UK saw the harsher decreases, reporting respectively a -41%, -27% and -22% compared to last year. On the other hand, Switzerland limited the loss to -6%, while Poland and Spain were the only countries to report positive growth, +3% and + 6%.
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2025-04-20
2025 NA Snowmobile Production
60,300 units is the estimate by Power Systems Research of the number of Snowmobiles expected to be produced in the United States in 2025. Snowmobiles are motor vehicles that have a revolving tread in the rear and steerable runners in the front, for traveling over snow off-road, often at speeds exceeding 100 mph.
This product information comes from industry interviews and from two proprietary databases maintained by Power Systems Research: EnginLink™ , which provides information on engines, and OE Link™, a database of equipment manufacturers. PSR
Carol Turner is Senior Analyst, Global Operations at Power Systems Research
Honda To Launch Electric Motorcycles in Vietnam
Honda plans to launch an electric motorcycle in Vietnam this month. The suggested retail price is less than 29 million VND (about $1183) without battery. The company is targeting the younger generation, who often use motorcycles to commute to school.
The name of the motorcycle to be sold is “ICON e:”. It will be manufactured at the company’s Binh Phuoc plant in northern Vietnam and will initially be sold through authorized dealers in seven provinces and cities. The maximum speed is 48 km/h, and it takes about 8 hours to charge the battery from zero to full. The maximum distance that can be traveled on a full charge is 71 kilometers. Because it does not require a driver’s license, which can be obtained at age 18, it is expected to be used by high school students on their way to school.
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2024-11-18
2024 NA UTV Production
4-Wheeled ATV is short term for All Terrain Vehicle. It commonly has 4 wheels and is designed to be driven off road. It seats one person, or sometimes two, one in front of the other.
Product: Industrial Utility Vehicles These four-wheel gas, electric and diesel vehicles are used for a wide variety of applications such as moving people, equipment and supplies around a college campus, landscaping job or construction site. Most brands are zero-emission, high-performance, affordable, and low maintenance vehicles.
Product: Personnel Carriers These low speed, low cost passenger carts are perfect for shuttling people and cargo. These vehicles can comfortably and smoothly transport up to six people and their belongings. Standard features include headlights, brake lights, and taillights. The carriers are used on golf courses, in neighborhoods, on campuses, at airports and in industrial parks.
Turf Utility Vehicles are specifically designed to meet the needs of sporting facilities such as golf courses and stadiums. They are commonly used for landscaping, heavy loading, dumping and transporting people or light material. Suppliers offer a wide variety of gas, electric or diesel utility vehicles. Vehicles can be customized with enclosed cabs, tool racks, dumpers and more for use on college campuses, parks, corporate campuses, apartment complexes.
This product information comes from industry interviews and from two proprietary databases maintained by Power Systems Research: EnginLink™ , which provides information on engines, and OE Link™, a database of equipment manufacturers. PSR
Carol Turner is Senior Analyst, Global Operations, for Power Systems Research
2024-09-23
2023 Global E-Bike Market Hit US$38.3 Billion
The E-bike market size was estimated at USD 38.3 billion in 2023 and is forecast by Power Systems Research to increase to $97.3 B in 2033 with a CAGR of 9.77% between 2024 and 2033. Cities globally are investing in dedicated bike lanes, charging stations, and bike-sharing initiatives for facilitating easier e-bike usage. Moreover, consumers are drawn to the substantial cost savings offered by electric solutions compared to conventional vehicles.
E-Bike Market Trends. Several important technological trends have boosted the production and sales of e-bikes.
- Battery Technology. Improved batteries provide lighter weight, lower cost, longer range and quicker charging times.
- Smart features, such as GPS navigation, app connectivity, and digital displays enhance the user experience, making e-bikes more appealing and user-friendly.
- Shared micro-mobility is part of the public transportation ecosystem. As a flexible transportation option with comparatively low overhead and operation costs, shared micro-mobility can complement higher-volume fixed-route transit services by offering mobility services for many trips at a lower per-traveler cost.
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2024-08-27
Global Snowmobile Market Forecast for $2.42 Billion
The Global Snowmobile Market size was valued at $1.62 billion in 2023, according to Power System Research, and is estimated to register a CAGR of 5.1% between 2023 and 2031 with a projected market value of $2.42 billion in 2032.
Source: Power Systems Research
North America Is Major Snowmobile Market
According to the International Snowmobile Manufacturers Association (ISMA), 82% of snowmobile sales are in North America.
Source: Power Systems Research
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2024-08-02
2024 Personal Watercraft Production
DataPoint Report
Jet Drive Boats are boats propelled by a jet of water ejected from the back of the craft; they have no propeller and can maneuver in shallow water. PWCs are also driven by jet water and come in several styles: Stand-Ups or Sit-Downs. They are often referred to as jet skis. Sit Downs are designed for one, two or three persons in a sitting position, one in front of the other. PWC Stand-Ups are designed for one rider standing or kneeling on the watercraft.
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2024 Motorcycle Production
DATAPOINT REPORT
On-Road Motorcycles or Street Bikes are motorized two-wheeled vehicles that are street legal for sport and leisure activities. They include features such as headlights, brake lights and turn signals.
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