
Introduce The global market for Motorcycles, Scooters and Mopeds estimated at 48.7 Million Units in the year 2022, is projected to reach a revised size of 61.6 Million Units by 2026. Over the past decade or so there has been a general resurgence in popularity of motorcycles as a hobby or mode of transportation. They are increasingly used as low-cost means of transportation. Challenge However, industry insiders said: motorcycle theft is still on the rise. According to MCN, “Burglary cases increased by more than 36% in 2022 and are expected to grow by 11.1% in 2023. Here are the annual