Market Overview:
Two-wheeler industry across various regions such as China, Japan, India, and others. Among all India is a highly emerging market having a highly competitive market. In India major market share is captured by Honda. For the past few years, this industry is moving towards the electric vehicle market.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Forecast Period | 2024-2030 |
Historical Period | 2018-2023 |
Unit | Value (USD Million) |
Key Companies Profiled | Yamaha Motor Company (Japan), Honda Motor Company (Japan), Volkswagen (Germany), Toyota (Japan), Daimler (Germany), Ford Motor (United States), Bimota (Italy), Suzuki (Japan), Harley-Davidson (United States) and Ducati (Italy) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region or narrow down segments in the final scope subject to feasibility |
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics of major and emerging geographies across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Vendors landscape impacting the growth of the market. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Key Vendors of Two Wheeler Market Study:
Yamaha Motor Company (Japan), Honda Motor Company (Japan), Volkswagen (Germany), Toyota (Japan), Daimler (Germany), Ford Motor (United States), Bimota (Italy), Suzuki (Japan), Harley-Davidson (United States) and Ducati (Italy)
Two Wheeler Market Segment Analysis
Scope | Sub-Segments |
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Application / End User | Commercial Two Wheeler and Passenger Two Wheeler |
Type | ICE Vehicle, Electric Vehicle and Hybrid Vehicle |
Sales Channels | Direct Sales,In-Direct Sales |
Vehicle Type | Motorcycle/Bike,Scooter,Moped |
Influencing Trend:
Growing Demand for the Electric Two-Wheeler Market and Increase Initiative from Government Bodies Towards Financial Schemes
Market Growth Drivers:
Growing Demand Among Population of Youth and their Income, The Rise in Availability of Digital and Instant Method of Finance and Credit Options and The Rise in the Requirement for Public Transport and Commercial Vehicles
Challenges:
Increase Fuel Prices Impact on the Affordability of Product in the Market
Restraints:
Fluctuation in Raw Material Prices and Stable Profitability has Increased the Number of Players in the Industry Over Last One Year Leading to Stiff Competition for Leading Players
Opportunities:
Development in Connected Motorcycycle Market and Advancement in Battery Technology in Electric Vehicles
Some of the other players that are also part of study are Hero (India), Bajaj (India) and Benelli (Italy). The Global Two Wheeler market is gaining huge competition due to involvement of Asia Pacific companies that constantly invest in research & development to meet market expectation with new innovation.
Latest Industry Highlights:
In Aug 2021, Omega Seiki Mobility announced the addition of two wheeler segment by launching scooter models Zoro and Fiare. Through this initiative the company aims to enhance its market competency across India.
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Two Wheeler market.
In order to reach an exhaustive list of functional and relevant players, various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep into important geographies by players, and a thorough validation test is conducted to reach the most relevant players for survey in Two Wheeler market.
Identification of total players or companies operating in the global market which is further concentrated to fewer or most impacting players which are considered under the reports scope. In order to make a priority list sorting is done based on revenue generated based on the latest reporting with the help of paid databases such as Factiva, Bloomberg, etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Two Wheeler Manufacturers, Suppliers, and Distributors, Raw Material Suppliers, Government Regulatory and Research Organizations and End-Use Industries.
This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth, etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that include Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases etc.