Two-Wheeler Market By Vehicle Type (Scooter, Motorcycle), By Propulsion (ICE, Electric), By Price (Low, Medium, High): Global Opportunity Analysis and Industry Forecast, 2023-2032

Description

List of Tables

According to a new report published by Allied Market Research, titled, "Two-Wheeler Market," The two-wheeler market was valued at $143.30 billion in 2022, and is estimated to reach $260.6 billion by 2032, growing at a CAGR of 6.4% from 2023 to 2032 due to the increase in demand for convenient and economical transportation options.

Developing countries are becoming increasingly urbanized, increasing the demand for compact, affordable, individual transport solutions. As cities grow and traffic congestion increases, motorcycles and scooters provide convenient and efficient transportation options, driving the market growth. The rise of the middle class in emerging markets is also a key factor, as consumers seek affordable and stylish two-wheelers as a symbol of upward mobility. Additionally, the global focus on environmental sustainability is driving the adoption of electric two-wheelers, presenting a significant growth opportunity, and consumer demand for cleaner and greener transportation options. In response, manufacturers are investing in research and development to improve electric vehicle technology. Expanding financing options and rural market penetration further expands the consumer base and open new growth prospects.

Consumer preferences are changing due to expanded regulatory standards, bans on internal combustion engine (ICE) cars, lower import duties on electric vehicles, and improved battery charging infrastructure. They use electric two-wheeler instead of traditional two-wheeler. Electric two-wheeler are lightweight, easy to use, and battery-powered. This means you can use it for short trips or local sightseeing. Additionally, the demand for electric two-wheeler is increasing due to their high mechanical efficiency, low noise levels, low total cost of ownership, and low maintenance. Furthermore, in developed countries, the use of electric two-wheeler for sharing services is increasing, and the scooter market is expected to grow. A country's economic development largely depends on its road connectivity. Governments in emerging market countries are investing in building safe and reliable roads. Investment in road construction has created new growth opportunities for the transport and logistics sector. Many entrepreneurs are starting to enter the logistics market by starting their own companies or partnering with existing companies. Therefore, a vehicle is needed to deliver the goods in minimum time and cost. Scooters are one of the preferred vehicles. Scooters avoid traffic jams and use less fuel than bicycles, mopeds, and cars.

The global two-wheeler market is segmented into body type, technology, price, and region. Depending on the body type, the market is segregated into scooter and motorcycle. By technology, it is categorized into Internal Combustion Engine (ICE) and Electric. As per price, it is fragmented into low, medium, and high. Region-wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The key players analyzed in the global two-wheeler market include Honda Motor Co., Ltd., Bajaj Auto Ltd., BMW AG, Hero Moto Corp., Kawasaki Motors Corp., USA, Piaggio & C. SpA, Suzuki Motor Corporation, Triumph Motorcycles, TVS Motor Company, and Yamaha Motors Co.

Key Benefits For Stakeholders

This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the two-wheeler market analysis from 2022 to 2032 to identify the prevailing two-wheeler market opportunities.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the two-wheeler market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global two-wheeler market trends, key players, market segments, application areas, and market growth strategies.

Additional benefits you will get with this purchase are:

Quarterly Update and* (only available with a corporate license, on listed price)
5 additional Company Profile of client Choice pre- or Post-purchase, as a free update.
Free Upcoming Version on the Purchase of Five and Enterprise User License.
16 analyst hours of support* (post-purchase, if you find additional data requirements upon review of the report, you may receive support amounting to 16 analyst hours to solve questions, and post-sale queries)
15% Free Customization* (in case the scope or segment of the report does not match your requirements, 15% is equivalent to 3 working days of free work, applicable once)
Free data Pack on the Five and Enterprise User License. (Excel version of the report)
Free Updated report if the report is 6-12 months old or older.
24-hour priority response*
Free Industry updates and white papers.

Possible Customization with this report (with additional cost and timeline, please talk to the sales executive to know more)

Additional company profiles with specific to client's interest
Additional country or region analysis- market size and forecast
SWOT Analysis

Key Market Segments

By Vehicle Type

Scooter
Motorcycle

By Propulsion

ICE
Electric

By Price

Low
Medium
High

By Region

North America
- U.S.
- Canada
- Mexico
Europe
- UK
- Germany
- Spain
- Italy
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
LAMEA
- Latin America
- Middle East
- Africa

Key Market Players:

Hero MotoCorp Limited
Piaggio & C. SpA
BMW AG
TVS Motor Company
Bajaj Auto Ltd.
Yamaha Motor Co., Ltd.
Suzuki Motor Corporation
Honda Motor Co., Ltd.
Triumph Motorcycles
Kawasaki Heavy Industries, Ltd.

Product Code: A11379

CHAPTER 1: INTRODUCTION

1.1. Report description
1.2. Key market segments
1.3. Key benefits to the stakeholders
1.4. Research methodology
- 1.4.1. Primary research
- 1.4.2. Secondary research
- 1.4.3. Analyst tools and models

CHAPTER 2: EXECUTIVE SUMMARY

2.1. CXO Perspective

CHAPTER 3: MARKET OVERVIEW

3.1. Market definition and scope
3.2. Key findings
- 3.2.1. Top impacting factors
- 3.2.2. Top investment pockets
3.3. Porter's five forces analysis
- 3.3.1. Low bargaining power of suppliers
- 3.3.2. Low threat of new entrants
- 3.3.3. Low threat of substitutes
- 3.3.4. Low intensity of rivalry
- 3.3.5. Low bargaining power of buyers
3.4. Market dynamics
- 3.4.1. Drivers
  - 3.4.1.1. Increase in demand for two-wheelers due to traffic congestion
  - 3.4.1.2. Growth in investment by manufacturers in two-wheelers industry for superior performance and comfort
  - 3.4.1.3. Rising adoption of electric two-wheelers
- 3.4.2. Restraints
  - 3.4.2.1. High risk of accidents
  - 3.4.2.2. High cost associated with sports bikes
- 3.4.3. Opportunities
  - 3.4.3.1. Incorporation of cutting-edge technology in motorcycles
  - 3.4.3.2. Rising popularity & evolution of motorcycles events in developing economies

CHAPTER 4: TWO-WHEELER MARKET, BY VEHICLE TYPE

4.1. Overview
- 4.1.1. Market size and forecast
4.2. Scooter
- 4.2.1. Key market trends, growth factors and opportunities
- 4.2.2. Market size and forecast, by region
- 4.2.3. Market share analysis by country
4.3. Motorcycle
- 4.3.1. Key market trends, growth factors and opportunities
- 4.3.2. Market size and forecast, by region
- 4.3.3. Market share analysis by country

CHAPTER 5: TWO-WHEELER MARKET, BY PROPULSION

5.1. Overview
- 5.1.1. Market size and forecast
5.2. ICE
- 5.2.1. Key market trends, growth factors and opportunities
- 5.2.2. Market size and forecast, by region
- 5.2.3. Market share analysis by country
5.3. Electric
- 5.3.1. Key market trends, growth factors and opportunities
- 5.3.2. Market size and forecast, by region
- 5.3.3. Market share analysis by country

CHAPTER 6: TWO-WHEELER MARKET, BY PRICE

6.1. Overview
- 6.1.1. Market size and forecast
6.2. Low
- 6.2.1. Key market trends, growth factors and opportunities
- 6.2.2. Market size and forecast, by region
- 6.2.3. Market share analysis by country
6.3. Medium
- 6.3.1. Key market trends, growth factors and opportunities
- 6.3.2. Market size and forecast, by region
- 6.3.3. Market share analysis by country
6.4. High
- 6.4.1. Key market trends, growth factors and opportunities
- 6.4.2. Market size and forecast, by region
- 6.4.3. Market share analysis by country

CHAPTER 7: TWO-WHEELER MARKET, BY REGION

7.1. Overview
- 7.1.1. Market size and forecast By Region
7.2. North America
- 7.2.1. Key market trends, growth factors and opportunities
- 7.2.2. Market size and forecast, by Vehicle Type
- 7.2.3. Market size and forecast, by Propulsion
- 7.2.4. Market size and forecast, by Price
- 7.2.5. Market size and forecast, by country
  - 7.2.5.1. U.S.
  - 7.2.5.1.1. Market size and forecast, by Vehicle Type
  - 7.2.5.1.2. Market size and forecast, by Propulsion
  - 7.2.5.1.3. Market size and forecast, by Price
  - 7.2.5.2. Canada
  - 7.2.5.2.1. Market size and forecast, by Vehicle Type
  - 7.2.5.2.2. Market size and forecast, by Propulsion
  - 7.2.5.2.3. Market size and forecast, by Price
  - 7.2.5.3. Mexico
  - 7.2.5.3.1. Market size and forecast, by Vehicle Type
  - 7.2.5.3.2. Market size and forecast, by Propulsion
  - 7.2.5.3.3. Market size and forecast, by Price
7.3. Europe
- 7.3.1. Key market trends, growth factors and opportunities
- 7.3.2. Market size and forecast, by Vehicle Type
- 7.3.3. Market size and forecast, by Propulsion
- 7.3.4. Market size and forecast, by Price
- 7.3.5. Market size and forecast, by country
  - 7.3.5.1. UK
  - 7.3.5.1.1. Market size and forecast, by Vehicle Type
  - 7.3.5.1.2. Market size and forecast, by Propulsion
  - 7.3.5.1.3. Market size and forecast, by Price
  - 7.3.5.2. Germany
  - 7.3.5.2.1. Market size and forecast, by Vehicle Type
  - 7.3.5.2.2. Market size and forecast, by Propulsion
  - 7.3.5.2.3. Market size and forecast, by Price
  - 7.3.5.3. Spain
  - 7.3.5.3.1. Market size and forecast, by Vehicle Type
  - 7.3.5.3.2. Market size and forecast, by Propulsion
  - 7.3.5.3.3. Market size and forecast, by Price
  - 7.3.5.4. Italy
  - 7.3.5.4.1. Market size and forecast, by Vehicle Type
  - 7.3.5.4.2. Market size and forecast, by Propulsion
  - 7.3.5.4.3. Market size and forecast, by Price
  - 7.3.5.5. Rest of Europe
  - 7.3.5.5.1. Market size and forecast, by Vehicle Type
  - 7.3.5.5.2. Market size and forecast, by Propulsion
  - 7.3.5.5.3. Market size and forecast, by Price
7.4. Asia-Pacific
- 7.4.1. Key market trends, growth factors and opportunities
- 7.4.2. Market size and forecast, by Vehicle Type
- 7.4.3. Market size and forecast, by Propulsion
- 7.4.4. Market size and forecast, by Price
- 7.4.5. Market size and forecast, by country
  - 7.4.5.1. China
  - 7.4.5.1.1. Market size and forecast, by Vehicle Type
  - 7.4.5.1.2. Market size and forecast, by Propulsion
  - 7.4.5.1.3. Market size and forecast, by Price
  - 7.4.5.2. India
  - 7.4.5.2.1. Market size and forecast, by Vehicle Type
  - 7.4.5.2.2. Market size and forecast, by Propulsion
  - 7.4.5.2.3. Market size and forecast, by Price
  - 7.4.5.3. Japan
  - 7.4.5.3.1. Market size and forecast, by Vehicle Type
  - 7.4.5.3.2. Market size and forecast, by Propulsion
  - 7.4.5.3.3. Market size and forecast, by Price
  - 7.4.5.4. South Korea
  - 7.4.5.4.1. Market size and forecast, by Vehicle Type
  - 7.4.5.4.2. Market size and forecast, by Propulsion
  - 7.4.5.4.3. Market size and forecast, by Price
  - 7.4.5.5. Rest of Asia-Pacific
  - 7.4.5.5.1. Market size and forecast, by Vehicle Type
  - 7.4.5.5.2. Market size and forecast, by Propulsion
  - 7.4.5.5.3. Market size and forecast, by Price
7.5. LAMEA
- 7.5.1. Key market trends, growth factors and opportunities
- 7.5.2. Market size and forecast, by Vehicle Type
- 7.5.3. Market size and forecast, by Propulsion
- 7.5.4. Market size and forecast, by Price
- 7.5.5. Market size and forecast, by country
  - 7.5.5.1. Latin America
  - 7.5.5.1.1. Market size and forecast, by Vehicle Type
  - 7.5.5.1.2. Market size and forecast, by Propulsion
  - 7.5.5.1.3. Market size and forecast, by Price
  - 7.5.5.2. Middle East
  - 7.5.5.2.1. Market size and forecast, by Vehicle Type
  - 7.5.5.2.2. Market size and forecast, by Propulsion
  - 7.5.5.2.3. Market size and forecast, by Price
  - 7.5.5.3. Africa
  - 7.5.5.3.1. Market size and forecast, by Vehicle Type
  - 7.5.5.3.2. Market size and forecast, by Propulsion
  - 7.5.5.3.3. Market size and forecast, by Price

CHAPTER 8: COMPETITIVE LANDSCAPE

8.1. Introduction
8.2. Top winning strategies
8.3. Product mapping of top 10 player
8.4. Competitive dashboard
8.5. Competitive heatmap
8.6. Top player positioning, 2022

CHAPTER 9: COMPANY PROFILES

9.1. Honda Motor Co., Ltd.
- 9.1.1. Company overview
- 9.1.2. Key executives
- 9.1.3. Company snapshot
- 9.1.4. Operating business segments
- 9.1.5. Product portfolio
- 9.1.6. Business performance
- 9.1.7. Key strategic moves and developments
9.2. Bajaj Auto Ltd.
- 9.2.1. Company overview
- 9.2.2. Key executives
- 9.2.3. Company snapshot
- 9.2.4. Operating business segments
- 9.2.5. Product portfolio
- 9.2.6. Business performance
- 9.2.7. Key strategic moves and developments
9.3. BMW AG
- 9.3.1. Company overview
- 9.3.2. Key executives
- 9.3.3. Company snapshot
- 9.3.4. Operating business segments
- 9.3.5. Product portfolio
- 9.3.6. Business performance
- 9.3.7. Key strategic moves and developments
9.4. Hero MotoCorp Limited
- 9.4.1. Company overview
- 9.4.2. Key executives
- 9.4.3. Company snapshot
- 9.4.4. Operating business segments
- 9.4.5. Product portfolio
- 9.4.6. Business performance
- 9.4.7. Key strategic moves and developments
9.5. Kawasaki Heavy Industries, Ltd.
- 9.5.1. Company overview
- 9.5.2. Key executives
- 9.5.3. Company snapshot
- 9.5.4. Operating business segments
- 9.5.5. Product portfolio
- 9.5.6. Business performance
- 9.5.7. Key strategic moves and developments
9.6. Piaggio & C. SpA
- 9.6.1. Company overview
- 9.6.2. Key executives
- 9.6.3. Company snapshot
- 9.6.4. Operating business segments
- 9.6.5. Product portfolio
- 9.6.6. Business performance
- 9.6.7. Key strategic moves and developments
9.7. Suzuki Motor Corporation
- 9.7.1. Company overview
- 9.7.2. Key executives
- 9.7.3. Company snapshot
- 9.7.4. Operating business segments
- 9.7.5. Product portfolio
- 9.7.6. Business performance
- 9.7.7. Key strategic moves and developments
9.8. Triumph Motorcycles
- 9.8.1. Company overview
- 9.8.2. Key executives
- 9.8.3. Company snapshot
- 9.8.4. Operating business segments
- 9.8.5. Product portfolio
- 9.8.6. Key strategic moves and developments
9.9. TVS Motor Company
- 9.9.1. Company overview
- 9.9.2. Key executives
- 9.9.3. Company snapshot
- 9.9.4. Operating business segments
- 9.9.5. Product portfolio
- 9.9.6. Business performance
- 9.9.7. Key strategic moves and developments
9.10. Yamaha Motor Co., Ltd.
- 9.10.1. Company overview
- 9.10.2. Key executives
- 9.10.3. Company snapshot
- 9.10.4. Operating business segments
- 9.10.5. Product portfolio
- 9.10.6. Business performance
- 9.10.7. Key strategic moves and developments