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Evaluation of Engineering Markets - Assignment Example

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This assignment stresses that the history of Motorbikes can be traced back to the mid 19th century. It is during this time that Pierre Michaux, a French blacksmith made the first motorbike, in the 1860s. Many people did not embrace Motorbikes…
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Evaluation of Engineering Markets
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Download file to see previous pages From this study it is clear that about 200 million motorbikes are currently in use as a mode of transport in different countries across the globe. This accounts for about 33 motorbikes for every 1,000 persons. Research also indicates that third world countries in the Asian continent lead in terms of motorbike usage, which stands at about 58% with the exception of Japan where cars still lead as the preferred mode of transport. China, for example, had about 54 million motorbikes by 2006 that were already in use. At the same time, China’s motorbike production currently stands at about 22 million per year. China is followed closely by its neighboring India where an estimated 37 million motorbikes are in use.

This paper outlines that European countries where the use of motorbikes has widely been embraced. In this regard, it is reported that nowadays a majority of the U.K. citizens used motorbikes as a means of transport. In fact, it is said that one hardly walks for more than a mile before coming across a motorbike in the U.K. today. The number is also expected to increase as more people continue to embrace the use of motorbikes as a mode of transport in the U.K. One such is the motorbike test law, which is aimed at encouraging additional training among young riders. This new legislation has changed the rules for obtaining a motorbike license in the U.K. despite resistance by the British government arguing that the new legislation being imposed by the European Union is very complex and not achievable. ...Download file to see next pagesRead More
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