Two Wheeler Market Share in India 2021-26, Industry Analysis, Size, Growth, Trends and Forecast Report
Two Wheeler Market Share in India 2021-26, Industry Analysis, Size, Growth, Trends and Forecast Report
Published by IMARC Services Private Limited
Posted on September 8, 2021
The India Two Wheeler Market: Industry Trends, Size, Growth, Opportunity and Forecast (2021-2026),” the Indian two-wheeler market to revive from 2021 onwards and exhibit moderate growth during 2021-2026. The report provides a detailed analysis of the market by Vehicle Type, Engine Capacity, Region. Also, the report analyzes the market’s competitive landscape.
Two-wheelers refer to vehicles sauch 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.
Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Market Trends and Drivers:
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.
Who are the Major India Two Wheeler Market Key players?
The report provides a detailed analysis of india two wheeler market leaders, including.
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.
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
Contact Us
Olivia Anderson Marketing Manager 30 N Gould St, Ste R Sheridan, WY 82801, USA Email: sales@imarcgroup.com Website: https://www.imarcgroup.com LinkedIn: https://in.linkedin.com/company/imarc-group
The India Two Wheeler Market: Industry Trends, Size, Growth, Opportunity and Forecast (2021-2026),” the Indian two-wheeler market to revive from 2021 onwards and exhibit moderate growth during 2021-2026. The report provides a detailed analysis of the market by Vehicle Type, Engine Capacity, Region. Also, the report analyzes the market’s competitive landscape.
Two-wheelers refer to vehicles sauch 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.
Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Market Trends and Drivers:
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.
Who are the Major India Two Wheeler Market Key players?
The report provides a detailed analysis of india two wheeler market leaders, including.
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.
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
Contact Us
Olivia Anderson Marketing Manager 30 N Gould St, Ste R Sheridan, WY 82801, USA Email: sales@imarcgroup.com Website: https://www.imarcgroup.com LinkedIn: https://in.linkedin.com/company/imarc-group