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-0.00750750750750748 -0.00150150150150147 0.0420420420420421 0.0360360360360361 0.012012012012012 0.0480480480480481 0.00150150150150147 -0.0225225225225226
Stock impact report

Global Off-Road Motorcycle Market Growth through 2029: Product Innovations by Leading Market Players, Motocross Events Steering Demand [Yahoo! Finance]

Volcon, Inc. (VLCN) 
Company Research Source: Yahoo! Finance
The global off-road motorcycle market is set for a remarkable growth trajectory, with forecasts projecting an expansion from US$20.845 billion in 2022 to reach US$30.542 billion by 2029, representing a CAGR of 5.61% during the forecast period. This notable increase is attributable to advancements in motorcycle technologies, heightened interest in recreational off-roading, and the surging popularity of motocross events worldwide. Technological Advancements Fueling Growth The market is experiencing propulsion from continuous innovations in off-road motorcycle components, such as suspensions, tires, and engines. The upsurge in global technological evolution has encouraged manufacturers to introduce motorcycles equipped with features that cater to the demands of off-road terrain, resulting in more fuel-efficient and emission-friendly models. Brilliant strides in the development of electric motorcycles for on and off-road use also play a crucial role, as they align with the growing Show less Read more
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