Two-Wheeler | Market Share in India 2024-2032 | Forecast Research Report

The latest report by IMARC Group, titled "𝐈𝐧𝐝𝐢𝐚 𝐓𝐰𝐨-𝐖𝐡𝐞𝐞𝐥𝐞𝐫 𝐌𝐚𝐫𝐤𝐞𝐭 𝐛𝐲 𝐓𝐲𝐩𝐞 (𝐒𝐜𝐨𝐨𝐭𝐞𝐫𝐬, 𝐌𝐨𝐩𝐞𝐝𝐬, 𝐌𝐨𝐭𝐨𝐫𝐜𝐲𝐜𝐥𝐞, 𝐄𝐥𝐞𝐜𝐭𝐫𝐢𝐜 𝐓𝐰𝐨-𝐖𝐡𝐞𝐞𝐥𝐞𝐫), 𝐓𝐞𝐜𝐡𝐧𝐨𝐥𝐨𝐠𝐲 (𝐈𝐂𝐄, 𝐄𝐥𝐞𝐜𝐭𝐫𝐢𝐜), 𝐓𝐫𝐚𝐧𝐬𝐦𝐢𝐬𝐬𝐢𝐨𝐧 (𝐌𝐚𝐧𝐮𝐚𝐥, 𝐀𝐮𝐭𝐨𝐦𝐚𝐭𝐢𝐜), 𝐄𝐧𝐠𝐢𝐧𝐞 𝐂𝐚𝐩𝐚𝐜𝐢𝐭𝐲 (𝟏𝟔𝟎𝟎𝐜𝐜), 𝐅𝐮𝐞𝐥 𝐓𝐲𝐩𝐞 (𝐆𝐚𝐬𝐨𝐥𝐢𝐧𝐞, 𝐏𝐞𝐭𝐫𝐨𝐥, 𝐃𝐢𝐞𝐬𝐞𝐥, 𝐋𝐏𝐆/𝐂𝐍𝐆, 𝐁𝐚𝐭𝐭𝐞𝐫𝐲), 𝐄𝐧𝐝-𝐔𝐬𝐞𝐫 (𝐏𝐞𝐫𝐬𝐨𝐧𝐚𝐥, 𝐂𝐨𝐦𝐦𝐞𝐫𝐜𝐢𝐚𝐥), 𝐃𝐢𝐬𝐭𝐫𝐢𝐛𝐮𝐭𝐢𝐨𝐧 𝐂𝐡𝐚𝐧𝐧𝐞𝐥 (𝐎𝐟𝐟𝐥𝐢𝐧𝐞 𝐂𝐡𝐚𝐧𝐧𝐞𝐥𝐬, 𝐎𝐧𝐥𝐢𝐧𝐞 𝐂𝐡𝐚𝐧𝐧𝐞𝐥𝐬) 𝐚𝐧𝐝, 𝐑𝐞𝐠𝐢𝐨𝐧 𝟐𝟎𝟐𝟒-𝟐𝟎𝟑𝟐", The India two-wheeler market size reached 21.4 Million Units in 2023. Looking forward, IMARC Group expects the market to reach 86.4 Million Units by 2032, exhibiting a growth rate (CAGR) of 16.29% during 2024-2032.

A two-wheeler, often referred to as a motorcycle or motorbike, is a motorized vehicle characterized by its two wheels arranged in a tandem configuration. These vehicles are designed primarily for individual transportation and are powered by either internal combustion engines or electric motors. Two-wheelers encompass a diverse range of styles and sizes, catering to various preferences and purposes. Motorcycles, the most common type of two-wheelers, come in different categories like sport, cruiser, touring, and commuter bikes, serving both recreational and everyday commuting needs. Scooters, known for their compact design and automatic transmissions, are popular for urban transportation. Mopeds, with their small engines and pedal-assist feature, offer fuel efficiency for short trips. Electric bikes, or e-bikes, have gained popularity as eco-friendly alternatives with electric motor assistance. Two-wheelers provide an efficient and agile mode of transportation due to their mobility, fuel economy, and versatility. As a result, two-wheelers find extensive applications for personal mobility and urban commuting across India.

𝐅𝐨𝐫 𝐚𝐧 𝐢𝐧-𝐝𝐞𝐩𝐭𝐡 𝐚𝐧𝐚𝐥𝐲𝐬𝐢𝐬, 𝐲𝐨𝐮 𝐜𝐚𝐧 𝐫𝐞𝐟𝐞𝐫 𝐬𝐚𝐦𝐩𝐥𝐞 𝐜𝐨𝐩𝐲 𝐨𝐟 𝐭𝐡𝐞 𝐫𝐞𝐩𝐨𝐫𝐭:https://www.imarcgroup.com/india-two-wheeler-market/requestsample

𝐈𝐧𝐝𝐢𝐚 𝐓𝐰𝐨-𝐖𝐡𝐞𝐞𝐥𝐞𝐫 𝐌𝐚𝐫𝐤𝐞𝐭 𝐓𝐫𝐞𝐧𝐝𝐬 𝐚𝐧𝐝 𝐃𝐫𝐢𝐯𝐞𝐫𝐬:
The India two-wheeler market is primarily driven by the rising demand for affordable and convenient personal transportation options owing to the country's large and growing population and increasing urbanization, making two-wheelers an attractive choice for millions of commuters. Apart from this, the rapid expansion of the middle-class segment and inflating disposable incomes that drive consumer aspirations and purchasing power have escalated the sales of motorcycles and scooters, thereby fostering market growth. Moreover, the introduction of electric two-wheelers due to the government's focus on promoting electric mobility has catalyzed market growth. Besides this, changing consumer preferences, including a shift toward fuel-efficient and eco-friendly vehicles, has accelerated the adoption of two-wheeler offerings. Additionally, the ease of financing options, improved road infrastructure, and the heightened need for last-mile connectivity in both urban and rural areas are other major growth-inducing factors. Furthermore, ongoing technological advancements, including the introduction of connected features and improved safety features that attract tech-savvy consumers, are contributing to market growth.

𝐄𝐱𝐩𝐥𝐨𝐫𝐞 𝐅𝐮𝐥𝐥 𝐑𝐞𝐩𝐨𝐫𝐭 𝐰𝐢𝐭𝐡 𝐓𝐚𝐛𝐥𝐞 𝐨𝐟 𝐜𝐨𝐧𝐭𝐞𝐧𝐭: https://www.imarcgroup.com/india-two-wheeler-market

𝐑𝐞𝐩𝐨𝐫𝐭 𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧:
𝐓𝐡𝐞 𝐫𝐞𝐩𝐨𝐫𝐭 𝐡𝐚𝐬 𝐬𝐞𝐠𝐦𝐞𝐧𝐭𝐞𝐝 𝐭𝐡𝐞 𝐦𝐚𝐫𝐤𝐞𝐭 𝐢𝐧𝐭𝐨 𝐭𝐡𝐞 𝐟𝐨𝐥𝐥𝐨𝐰𝐢𝐧𝐠 𝐜𝐚𝐭𝐞𝐠𝐨𝐫𝐢𝐞𝐬:

𝐁𝐫𝐞𝐚𝐤𝐮𝐩 𝐛𝐲 𝐓𝐲𝐩𝐞:
• Scooters
• Mopeds
• Motorcycle
• Electric Two-Wheeler

𝐁𝐫𝐞𝐚𝐤𝐮𝐩 𝐛𝐲 𝐓𝐞𝐜𝐡𝐧𝐨𝐥𝐨𝐠𝐲:
• ICE
• Electric

𝐁𝐫𝐞𝐚𝐤𝐮𝐩 𝐛𝐲 𝐓𝐫𝐚𝐧𝐬𝐦𝐢𝐬𝐬𝐢𝐨𝐧:
• Manual
• Automatic

𝐁𝐫𝐞𝐚𝐤𝐮𝐩 𝐛𝐲 𝐄𝐧𝐠𝐢𝐧𝐞 𝐂𝐚𝐩𝐚𝐜𝐢𝐭𝐲:
• 1600cc

𝐁𝐫𝐞𝐚𝐤𝐮𝐩 𝐛𝐲 𝐅𝐮𝐞𝐥 𝐓𝐲𝐩𝐞:
• Gasoline
• Petrol
• Diesel
• LPG/CNG
• Battery

𝐁𝐫𝐞𝐚𝐤𝐮𝐩 𝐛𝐲 𝐄𝐧𝐝 𝐔𝐬𝐞𝐫:
• Personal
• Commercial

𝐁𝐫𝐞𝐚𝐤𝐮𝐩 𝐛𝐲 𝐃𝐢𝐬𝐭𝐫𝐢𝐛𝐮𝐭𝐢𝐨𝐧 𝐂𝐡𝐚𝐧𝐧𝐞𝐥:
• Offline Channels
• Online Channels

𝐌𝐚𝐫𝐤𝐞𝐭 𝐁𝐫𝐞𝐚𝐤𝐮𝐩 𝐛𝐲 𝐑𝐞𝐠𝐢𝐨𝐧:
• North India
• West and Central India
• East India
• South India

𝐂𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐯𝐞 𝐋𝐚𝐧𝐝𝐬𝐜𝐚𝐩𝐞 𝐰𝐢𝐭𝐡 𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫:
• Bajaj Auto Ltd.
• Hero MotoCorp Ltd.
• Honda Motorcycle & Scooter India Pvt. Ltd.
• Maruti Suzuki India Limited
• TVS Motor Company

𝐍𝐨𝐭𝐞: 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.

𝐁𝐫𝐨𝐰𝐬𝐞 𝐎𝐭𝐡𝐞𝐫 𝐑𝐞𝐥𝐚𝐭𝐞𝐝 𝐑𝐞𝐩𝐨𝐫𝐭𝐬:
• https://www.imarcgroup.com/united-states-online-advertising-market
• https://www.imarcgroup.com/united-states-neurovascular-devices-market
• https://www.imarcgroup.com/united-states-multiexperience-development-platforms-market
• https://www.imarcgroup.com/united-states-methanol-market
• https://www.imarcgroup.com/united-states-luxury-car-market
• https://www.imarcgroup.com/united-states-iot-security-market

𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐒
IMARC Group
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𝐀𝐛𝐨𝐮𝐭 𝐔𝐬
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