India Two Wheeler Market (2021-2026), Share, Trends, Growth, Analysis, Demand and Forecast
According to the latest report by IMARC Group, titled “India Two Wheeler Market Size: Industry Trends, Share, Growth, Opportunity and Forecast 2021-2026,” the Indian two-wheeler market to revive from 2021 onwards and exhibit moderate growth during 2021-2026.
Two-wheelers
refer to vehicles such as motorcycles, mopeds, scooters, bicycles, etc. These
vehicles can be manual or run-on fuel- and electric-based motors. Two-wheelers
offer several benefits over three or four-wheeled vehicles, including easy
maneuverability, lower carbon emissions, cost-effectiveness, higher fuel
efficiency, etc. They also reduce the dependency on public transit systems and
cut down on travel time.
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
India Two Wheeler Market Trends:
The
growing levels of urbanization and rising disposable incomes of the consumers
are primarily driving the demand for two-wheelers in India. Furthermore, the
escalating number of female drivers is also augmenting the sales of
two-wheelers. Additionally, the increasing environmental concerns towards the
high vehicular pollution from heavy-duty automobiles are further propelling the
market for two-wheelers. Moreover, in recent years, the emergence of hybrid and
electric two-wheelers to reduce carbon emissions is also providing a thrust to
the market growth. Besides this, the expanding tourism industry is leading to
an increase in two-wheeler rentals, thereby catalyzing the product demand in
the country. In the coming years, the emergence of several advanced
technologies, such as anti-braking systems, Ride-by-Wire, traction
control/wheelie control, etc., will continue to drive the market for
two-wheelers in India.
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India Two Wheeler Market 2021-2026 Analysis and Segmentation:
Competitive Landscape:
The competitive landscape of the market has been studied in the report
with the detailed profiles of the key players operating in the market.
Hero MotoCorp Ltd., Honda
Motorcycle and Scooter India Pvt. Ltd, TVS Motor Company Limited, Bajaj Auto
Ltd., Royal Enfield Ltd. India, Suzuki Motorcycle India Pvt. Ltd., Yamaha Motor
India Pvt. Ltd., Triumph Motorcycles (India) Private Limited, BMW India Private
Limited, Ducati India Private Limited, Ather Energy Pvt. Ltd., Revolt Motors,
Lohia Auto Industries, Okinawa Autotech Pvt. Ltd and Ola Electric Mobility Pvt
Ltd.
The report has segmented the market on the basis on region, disc type,
material type and end user.
Breakup by Vehicle Type:
- Motorcycle
- Scooter
- Moped
- Electric
Two Wheeler
Breakup by Engine Capacity:
- <100cc
- 100-125cc
- 126-180cc
- 181-250cc
- 251-500cc
- 501-800cc
- 801-1600cc
- >1600cc
Breakup by Region:
- North
India
- East
India
- West
and Central India
- South
India
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List of Figure: https://www.imarcgroup.com/india-two-wheeler-market
Key highlights of the report:
- Market
Performance (2015-2020)
- Market
Outlook (2021- 2026)
- Porter’s
Five Forces Analysis
- Market
Drivers and Success Factors
- SWOT
Analysis
- Value
Chain
- Comprehensive
Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope
of the report, we can provide it to you as a part of the customization.
If you want latest primary and secondary data (2021-2026) with Cost
Module, Business Strategy, Distribution Channel, etc. Click request free sample
report, published report will be delivered to you in PDF format via email
within 24 to 48 hours of receiving full payment.
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