China: Motorcycle industry PDF Free Download
1 / 3/3
100%
China: Motorcycle industry
＜Industry status＞ Production and sales rank second in the world after India
China's motorcycle industry had been in a stagnating trend in recent years due to rising demand
for four-wheelers （automobiles） accompanying rising national income. China was the world leader
in both production and sales volume but fell from the top spot after India overtook it in sales in 2012,
and production in 2015. However, in the past few years, signs of recovery became apparent in the
motorcycle market, which had been temporarily stagnant due to the spread of automobiles, exhaust
emission regulations and noise, and other factors.
＜Production and sales volume＞ Recovery to a high level in 2021
Motorcycle sales in 2021 were at a high level of 17.85 million units. This was a 13.8％ increase
from the previous year. Following the Covid pandemic, motorcycle use picked up a tailwind given
they can maintain social distance. Also, medium- and large-displacement motorcycles that meet
leisure and recreational needs have emerged, driving the overall recovery of the motorcycle industry.
Unit sales of 150 cc and 250 cc motorcycles swelled to 3.65 million units, up 19.7％ from the prior
year, and to 1.37 million units, up 18.7％, respectively.
The resurgence in popularity reflects a change in the way Chinese people use motorcycles. In the
1980s, motorcycles were used as a means of transport, but in recent years have become a “play
tool” for young people seeking excitement in their lifestyle. From 2020 onwards, young people born
in the “born in 1990s“ and “born in the 2000s” have been enjoying motor life as a “unique vehicle”
and “part of leisure.”
Sales volume by product, saw fuel motorcycles increase by 15.2％ from the prior year to 16.25
million units and electric scooters increase by 3.4％ to 3.94 million units. The production also
increased by 14.0％ to 17.85 million units.
* Since the China Association of Automobile Manufacturers （CAAM） no longer publishes figures
for motorcycles alone from 2020, data is from the China Chamber of Commerce for Motorcycles
（CCCMP）.
＜Export volume＞ Expanding trend
Exports of overall finished vehicles increased by 26.6％ from the previous year piled to 8.98
million units in 2021. The total value of exports by producing companies grew by 45.7％ to 7.23
billion US dollars.
（Data compiled by Ashu Research based on the CAAM and CCCMP data）
-20%
-15%
-10%
-5%
0%
5%
10%
15%
20%
0
5
10
15
20
15 16 17 18 19 20 21 year
China: Motorcycle Production and Sales
Production Sales
Production growth rate Sales growth rate
million units
0
1
2
3
4
5
6
7
8
9
10
15 16 17 18 19 20 21
million units
year
China: Motorcycle Exports
＜Industry competitive layout＞ EV’s Sunra ranks
Japanese-affiliated companies have a significant presence in the Chinese motorcycle market. In
terms of sales by the manufacturer （January-December 2021）, Jiangmen Dachangjiang Group, based
in Guangdong province, leads with 2.34 million units. The company produces and sells motorcycles
under a technical license from Suzuki Motor Corporation. Following are Loncin Industries with 1.29
million units, ZonSen Industrial Group, which has a joint venture with Italy's Piaggio in the Chongqing
hub, with 988,300 units, and Lifan Technology （Group）, also in the Chongqing hub and privately
owned, with 972,400 units. Among Japanese-affiliated companies, Sundiro Honda Motorcycle ranks
fifth with 895,900 units, while Wuyang-Honda Motor (Guangzhou) ranks seventh with 799,500 units.
In addition, Yamaha Motor has a joint project, technical tie-up with Chongqing-based Jianshe
Yamaha Motorcycle and Hunan province's Zhuzhou Nanfang Motorcycle.
The number of Motorcycle-related companies is also on the rise. According to information from
“Tianyancha,” a company information search site, there are currently more than 1,476,000
companies. Among them, about 177,000 companies （up 49.5％ y/y） were newly established
between January and July 2022. By region, Guangdong province leads with more than 170,000 firms.
In second and third place is Shandong Province with more than 97,000 firms, followed by Jiangsu
Province with 96,000 firms.
Of the 1,476,000 affiliated companies, more than 70％ have registered capital of 1 million yuan
（3.45 million yen） or less. Companies with more than 10 million yuan accounted for 5.4％. In terms
of establishment date, 54.2％ are within 5 years, and 25.1％ within 10 years or more.
China: Sales by Company (2021)
2021 Sales by company
company Sales Volume（ten thousand units）
1 Dachangjiang Group 234.4
2 Loncinindustries 128.9
3 Zonsen Industrial Group 98.8
4 Lifan Group 97.2
5 Sundiro Honda Motorcycle 89.6
6 Yinxinag Group 81.5
7 Wuyang-Honda 80
7 Luoyang Northern Enterprises Group 71.6
9 Guangzhou Dayun Motorcycle 53.9
10 Guangdong TAYO Motorcycle 50.9
（Data compiled by Ashu Research based on the CCCMP’s data）
（Ashu Research : February 2023）
