Press release
Latin America Two-Wheeler Market Trends, Value and Analysis 2023-2028 | Motorcycle, Scooter, Moped, Gasoline, Electric
According to IMARC Group's latest report, titled "๐๐๐ญ๐ข๐ง ๐๐ฆ๐๐ซ๐ข๐๐ ๐๐ฐ๐จ-๐๐ก๐๐๐ฅ๐๐ซ ๐๐๐ซ๐ค๐๐ญ: ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐๐ซ๐๐ง๐๐ฌ, ๐๐ก๐๐ซ๐, ๐๐ข๐ณ๐, ๐๐ซ๐จ๐ฐ๐ญ๐ก, ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ฒ ๐๐ง๐ ๐ ๐จ๐ซ๐๐๐๐ฌ๐ญ ๐๐๐๐-๐๐๐๐", 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.
๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐ ๐ ๐ซ๐๐ ๐๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ: 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.
๐๐๐ญ๐ข๐ง ๐๐ฆ๐๐ซ๐ข๐๐ ๐๐ฐ๐จ-๐๐ก๐๐๐ฅ๐๐ซ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐๐ง๐๐ฌ:
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.
๐๐ฎ๐ฒ ๐๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ: 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.
๐๐จ๐ฆ๐ฉ๐๐ญ๐ข๐ญ๐ข๐ฏ๐ ๐๐๐ง๐๐ฌ๐๐๐ฉ๐ ๐ฐ๐ข๐ญ๐ก ๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ:
The competitive landscape of the industry has also been examined with some of the key players.
โข Bajaj Auto Limited (Bajaj Group)
โข Dafra Motos (Itavema S/A)
โข Honda de Mรฉxico S.A. de C.V. (The Honda Motor Company Ltd.)
โข Kawasaki Motors Manufacturing Corp. U.S.A. (Kawasaki Heavy Industries, Ltd.)
โข Lifan Industry (Group) Co. Ltd
โข Motomel S.A.
โข Motor Uno S A S
โข Shineray Do Brasil SA
โข Suzuki Motor Corporation
โข TVS Motor Mรฉxico (TVS Motor Company Limited)
โข Wanxin Group International
โข Yamaha Motor de Mรฉxico SA de CV (Yamaha Motor Co. Ltd.)
โข Zanella Hnos & Cia SACIFI.
โข Zongshen Automobile Industry Manufacturing Co. Ltd. (Zongshen Industry Group Co. Ltd.)
๐๐๐ฒ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง:
The report has categorized the market based on vehicle type, fuel type, engine capacity and technology.
Breakup by Vehicle Type:
โข Motorcycle
โข Scooter
โข Moped
Breakup by Fuel Type:
โข Gasoline
โข Electric
Breakup by Engine Capacity:
โข Less than 100cc
โข 100-125cc
โข 126-250cc
โข 250-500cc
โข More than 500cc
Breakup by Technology:
โข Manual
โข Automatic
Breakup by Country:
โข Brazil
โข Mexico
โข Colombia
โข Argentina
โข Peru
โข Ecuador
โข Chile
โข Others
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐๐ฎ๐ฅ๐ฅ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐ฐ๐ข๐ญ๐ก ๐๐๐ & ๐๐ข๐ฌ๐ญ ๐จ๐ ๐ ๐ข๐ ๐ฎ๐ซ๐๐ฌ: https://www.imarcgroup.com/latin-america-two-wheeler-market
๐๐๐ฒ ๐ก๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ ๐จ๐ ๐ญ๐ก๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ:
โข Market Performance (2017-2022)
โข Market Outlook (2023-2028)
โข Market Trends
โข Market Drivers and Success Factors
โข Impact of COVID-19
โข Value Chain Analysis
โข 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.
๐๐๐ฅ๐๐ญ๐๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ฒ ๐๐๐๐๐ ๐๐ซ๐จ๐ฎ๐ฉ:
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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