The Two-wheeler Market report by MarkNtel Advisors – Market Research Company, offers a comprehensive analysis of the current state of the market, including an overview of key players, emerging trends, and future growth prospects. The report is segmented into various sections, each dedicated to different aspects of the market such as market size, geographical shares, competitive landscape, and market dynamics.
How Big is the Two-wheeler Industry?
The Global Two-wheeler Market size is expected to rise at a CAGR of around Xx% during the forecast period 2023-2028.
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Two-wheeler Market Growth Driver:
The Rapid Urbanization Prompting the Need for Compact Commuting Solutions - According to the United Nations (UN) Department of Economics and Social Affairs, it is predicted that 68% of the world population is expected to live in urban areas by 2050. As a result, the rising road congestion, insufficient mobility infrastructures, and lack of parking spaces necessitate the demand for compact commuting solutions in developed and developing economies, improving market growth.
Besides, standard bikes are witnessing accelerating demand over traditional motorcycles due to the low initial price driven by the developing economic strength of the urban middle-class population. Furthermore, the sudden surge in gasoline prices makes the urban and rural populace prefer mopeds, motorcycles, and standard bikes from four-wheelers. Other than this, the minimal maintenance required by such vehicles provides the necessary impetus required for further market expansion.
Competitor Breakdown: Top Two-wheeler Companies 2023-2028
- Hero Moto Corp.
- Yamaha Motor Co., Ltd.
- Harley Davidson
- TVS Motors
- BMW Motorrad
- Piaggio C.S. p.A
- Bajaj Auto Ltd.
- Kawasaki Heavy Industries, Ltd
- Suzuki Motor Corporation
- Honda Motor Co., Ltd.
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Geographical Analysis:
North America, Europe, Asia Pacific, Middle East Africa, and South America
- Share of each Geographical segment in the Market
- Potential growth opportunities in the Geographically
- The growth rate of the Geographical in the Industry
Breaking Down the Two-wheeler Market Segmentation:
By Type of Fuel
- Gasoline
- Petrol
- Diesel
- LPG/CNG
- Battery
By Vehicle Type
- Moped
- Scooter
- Motorcycle
By Application
- Personal Use
- Commercial Use
By Type of Engine Capacity
- Up to 125 cc
- 126 to 250 cc
- 251 to 500 cc
- Above 500 cc
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