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In 1894, Hildebrand & Wolfmüller became the first series production motorcycle, and the first to be called a motorcycle. In 2014, the three top motorcycle producers globally by volume were Honda , Yamaha (both from Japan), and Hero MotoCorp (India).
Motorcycles are usually a luxury good in the developed world, where they are used mostly for recreation, as a lifestyle accessory or a symbol of personal identity. In developing countries, motorcycles are overwhelmingly utilitarian due to lower prices and greater fuel economy. Of all the motorcycles in the world, 58% are in the Asia Pacific and Southern and Eastern Asia regions, excluding car-centric Japan.