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Latin America Two-Wheeler Market Trends, Value and Analysis 2023-2028 | Motorcycle, Scooter, Moped, Gasoline, Electric

03-08-2023 06:44 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: IMARC Group

Latin America Two-Wheeler Market

Latin America Two-Wheeler Market

According to IMARC Group's latest report, titled "๐‹๐š๐ญ๐ข๐ง ๐€๐ฆ๐ž๐ซ๐ข๐œ๐š ๐“๐ฐ๐จ-๐–๐ก๐ž๐ž๐ฅ๐ž๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ: ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐“๐ซ๐ž๐ง๐๐ฌ, ๐’๐ก๐š๐ซ๐ž, ๐’๐ข๐ณ๐ž, ๐†๐ซ๐จ๐ฐ๐ญ๐ก, ๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ฒ ๐š๐ง๐ ๐…๐จ๐ซ๐ž๐œ๐š๐ฌ๐ญ ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ‘-๐Ÿ๐ŸŽ๐Ÿ๐Ÿ–", the Latin America two-wheeler market size reached 10.6 Million Units in 2022. Looking forward, IMARC Group expects the market to reach 23.7 million Units by 2028, exhibiting a growth rate (CAGR) of 14.2% during 2023-2028.

A two-wheeler is a type of vehicle that is designed to be operated by two wheels. It typically refers to motorized vehicles like motorcycles, scooters, and mopeds that are propelled by a combustion engine or an electric motor. Two-wheelers are popular because they are relatively lightweight, fuel-efficient, and nimble, thus making them ideal for urban transportation. They are also affordable, which makes them a popular choice for people who are seeking a cost-effective mode of transportation. Two-wheelers come in various shapes and sizes, from sleek and sporty motorcycles to practical and utilitarian scooters, thus catering to a wide range of needs and preferences.

๐ƒ๐จ๐ฐ๐ง๐ฅ๐จ๐š๐ ๐š ๐…๐ซ๐ž๐ž ๐๐ƒ๐… ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ: https://www.imarcgroup.com/latin-america-two-wheeler-market/requestsample

Note: We are in the process of updating our reports. If you want to receive the latest research data covering the period from 2023 to 2028, along with industry trends, market size, and competitive analysis, click on the request sample report. The team would be able to deliver the latest version of the report in a quick turnaround time.

๐‹๐š๐ญ๐ข๐ง ๐€๐ฆ๐ž๐ซ๐ข๐œ๐š ๐“๐ฐ๐จ-๐–๐ก๐ž๐ž๐ฅ๐ž๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐“๐ซ๐ž๐ง๐๐ฌ:

The increasing demand for two-wheelers in Latin America represents a key factor driving the market growth. This is primarily attributed to the affordability and convenience of two-wheelers, especially in urban areas where traffic congestion and parking problems are prevalent. In line with this, the increasing implementation of policies and initiatives to promote the use of two-wheelers, such as tax incentives, subsidies, and infrastructure development by various governments across the region are boosting the market growth. For instance, the government in Brazil has introduced a program to promote the use of electric vehicles (EVs), including electric two-wheelers. Moreover, the increasing penetration of multiple international two-wheeler original equipment manufacturers (OEMs) in the region is also positively influencing the market growth. In addition to this, the rising environmental concerns and the launch of numerous initiatives and policies by the government bodies aimed at promoting the adoption of hybrid and electric vehicles for reducing emission levels and air pollution are expected to propel the Latin America two-wheeler market over the forecasted period. Apart from this, the rise in disposable income and consumer spending and the increasing popularity of adventure sports, such as motocross, are creating a positive outlook for the market.

๐๐ฎ๐ฒ ๐“๐ก๐ข๐ฌ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ: https://www.imarcgroup.com/checkout?id=3315&method=1

Note: In this report you will get detailed analysis of the market, growth analysis graphs, historical period analysis, forecast period analysis, major market segmentation, top leading key players of the market, table of content, list of figures, and list of tables.

๐‚๐จ๐ฆ๐ฉ๐ž๐ญ๐ข๐ญ๐ข๐ฏ๐ž ๐‹๐š๐ง๐๐ฌ๐œ๐š๐ฉ๐ž ๐ฐ๐ข๐ญ๐ก ๐Š๐ž๐ฒ ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ:

The competitive landscape of the industry has also been examined with some of the key players.

โ€ข Bajaj Auto Limited (Bajaj Group)
โ€ข Dafra Motos (Itavema S/A)
โ€ข Honda de Mรฉxico S.A. de C.V. (The Honda Motor Company Ltd.)
โ€ข Kawasaki Motors Manufacturing Corp. U.S.A. (Kawasaki Heavy Industries, Ltd.)
โ€ข Lifan Industry (Group) Co. Ltd
โ€ข Motomel S.A.
โ€ข Motor Uno S A S
โ€ข Shineray Do Brasil SA
โ€ข Suzuki Motor Corporation
โ€ข TVS Motor Mรฉxico (TVS Motor Company Limited)
โ€ข Wanxin Group International
โ€ข Yamaha Motor de Mรฉxico SA de CV (Yamaha Motor Co. Ltd.)
โ€ข Zanella Hnos & Cia SACIFI.
โ€ข Zongshen Automobile Industry Manufacturing Co. Ltd. (Zongshen Industry Group Co. Ltd.)

๐Š๐ž๐ฒ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง:

The report has categorized the market based on vehicle type, fuel type, engine capacity and technology.

Breakup by Vehicle Type:
โ€ข Motorcycle
โ€ข Scooter
โ€ข Moped

Breakup by Fuel Type:
โ€ข Gasoline
โ€ข Electric

Breakup by Engine Capacity:
โ€ข Less than 100cc
โ€ข 100-125cc
โ€ข 126-250cc
โ€ข 250-500cc
โ€ข More than 500cc

Breakup by Technology:
โ€ข Manual
โ€ข Automatic

Breakup by Country:
โ€ข Brazil
โ€ข Mexico
โ€ข Colombia
โ€ข Argentina
โ€ข Peru
โ€ข Ecuador
โ€ข Chile
โ€ข Others

๐„๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ž ๐Ÿ๐ฎ๐ฅ๐ฅ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ ๐ฐ๐ข๐ญ๐ก ๐“๐Ž๐‚ & ๐‹๐ข๐ฌ๐ญ ๐จ๐Ÿ ๐…๐ข๐ ๐ฎ๐ซ๐ž๐ฌ: https://www.imarcgroup.com/latin-america-two-wheeler-market

๐Š๐ž๐ฒ ๐ก๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ ๐จ๐Ÿ ๐ญ๐ก๐ž ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ:

โ€ข Market Performance (2017-2022)
โ€ข Market Outlook (2023-2028)
โ€ข Market Trends
โ€ข Market Drivers and Success Factors
โ€ข Impact of COVID-19
โ€ข Value Chain Analysis
โ€ข Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

๐‘๐ž๐ฅ๐š๐ญ๐ž๐ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ ๐›๐ฒ ๐ˆ๐Œ๐€๐‘๐‚ ๐†๐ซ๐จ๐ฎ๐ฉ:

Automotive Supercharger Market: https://www.imarcgroup.com/automotive-supercharger-market
Precision Gearbox Market: https://www.imarcgroup.com/precision-gearbox-market
United Kingdom Vehicle Recycling Market: https://www.imarcgroup.com/united-kingdom-vehicle-recycling-market
Compact Cars Market: https://www.imarcgroup.com/compact-cars-market
Gaskets and Seals Market: https://www.imarcgroup.com/gaskets-seals-market
Spark Plug Market: https://www.imarcgroup.com/spark-plug-market
North America Tire Market: https://www.imarcgroup.com/north-america-tire-market
Traction Transformers Market: https://www.imarcgroup.com/traction-transformers-market
Excavator Market: https://www.imarcgroup.com/excavator-market
Leisure Boat Market: https://www.imarcgroup.com/leisure-boat-market

Contact Us:

IMARC Group
134 N 4th St.
Brooklyn, NY 11249, USA
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas: - +1 631 791 1145 | Africa and Europe: - +44-702-409-7331 | Asia: +91-120-433-0800

About Us:

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.

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