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Two-wheeler Market: Projected Growth Across Asia, North America, Europe, MEA During 2018-2028

01-15-2024 01:08 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: TechSci Research Pvt Ltd

Two-wheeler Market

Two-wheeler Market

Introduction:
The global Two-Wheeler Market is on an upward trajectory, as revealed in the comprehensive TechSci Research report titled "Two-Wheeler Market - Global Industry Size, Share, Trends, Competition, Opportunity, and Forecast, 2018-2028." Global Two-Wheeler Market is expected to register an impressive CAGR because the penetration of the two wheelers in the global market is increasing as the utilization of the two wheelers in quick delivery and short distance commute has increased. This report aims to provide an in-depth analysis of the two-wheeler industry, elucidating growth drivers, market trends, challenges, and the competitive landscape. Additionally, it outlines the benefits of the research report, incorporates a competitive analysis, and defines the term "Two-Wheeler."

Global Two-Wheeler Market Overview:
The robust growth of the global Two-Wheeler Market can be attributed to the increasing penetration of two-wheelers worldwide, driven by their utilization for local commuting and rapid deliveries. An impressive CAGR is anticipated due to the rising preference for motorcycles and mopeds, particularly in developing countries facing population growth and limited parking spaces. The efficacy of pricing plays a pivotal role in market expansion, making two-wheelers a practical alternative to cars. Furthermore, escalating gasoline costs are steering individuals towards electric two-wheelers, given their cost-effectiveness and the tightening emission regulations across the globe.

๐๐ซ๐จ๐ฐ๐ฌ๐ž, ๐ฆ๐š๐ซ๐ค๐ž๐ญ ๐๐š๐ญ๐š, ๐…๐ข๐ ๐ฎ๐ซ๐ž๐ฌ ๐š๐ง๐ ๐š๐ง ๐ข๐ง-๐๐ž๐ฉ๐ญ๐ก ๐“๐Ž๐‚ ๐จ๐ง "Two-wheeler Market" - https://www.techsciresearch.com/report/global-two-wheeler-market/1416.html

Competitive Analysis and Industry Influence:
The global Two-Wheeler Market is witnessing fierce competition, with key players vying for market share. Prominent companies like Honda, Yamaha, Hero MotoCorp, and others are actively involved in product innovation, expansion of their electrification lineup, and strategic initiatives to capture a larger urban customer base. The market's dynamism extends beyond traditional gasoline-powered vehicles, with a notable shift towards electric two-wheelers.

Understanding the competitive landscape is crucial for stakeholders in the automotive industry. Strategic decisions made by major players influence market trends, technological advancements, and consumer preferences. The push towards electrification and the introduction of diverse models align with the evolving consumer demands, making the competitive landscape a key driver of market innovation and growth.

Benefits of the Research Report:
1. Strategic Decision-Making: The report provides valuable insights for businesses and investors, aiding in strategic decision-making for market entry, expansion, and investment.
2. Market Dynamics Understanding: Comprehensive coverage of market dynamics, including trends, challenges, and growth opportunities, facilitates a nuanced understanding of the current state and future prospects of the two-wheeler market.
3. Competitive Landscape Analysis: In-depth competitive analysis assists market players in assessing their positions, identifying key competitors, and formulating strategies for sustainable growth.
4. Market Segmentation Insights: The report offers detailed segmentation analysis, providing insights into different market segments based on vehicle type, engine capacity, end use, region, and company.
5. Regulatory Landscape Awareness: Awareness of regulatory frameworks and policies helps stakeholders navigate compliance issues, ensuring a smoother market operation.

Factors Driving Two-Wheeler Market Growth:

โ€ข Rising Two-Wheeler Penetration: The global market is experiencing growth due to the increasing penetration of two-wheelers worldwide, particularly in developing countries.
โ€ข Local Commuting and Rapid Deliveries: Two-wheelers are gaining prominence for local commuting and rapid deliveries, contributing to their widespread adoption.
โ€ข Efficacy of Pricing: The affordability of two-wheelers, coupled with their practicality, is a significant factor driving market expansion.
โ€ข Urbanization and Limited Parking Spaces: In developing countries with growing populations and limited parking spaces, motorcycles and mopeds are emerging as practical alternatives to cars.
โ€ข Shift to Electric Two-Wheelers: Escalating gasoline costs and global emission regulations are driving individuals towards electric two-wheelers, contributing to their increasing demand.

Challenges and Constraints:

โ€ข High Gasoline Costs: Rising gasoline costs act as a catalyst for the shift towards electric two-wheelers, but they can also pose challenges for traditional gasoline-powered vehicles.
โ€ข Regulatory Changes: Evolving emission regulations and new laws, such as those banning motorcycles in certain districts to reduce emissions, may impact market dynamics.
โ€ข Impact of COVID-19: Concerns over COVID-19 contamination on public transportation have contributed to a surge in demand for smaller displacement motorbikes and mopeds, but disruptions in supply chains during the pandemic have affected the market.

Global Two-Wheeler Market Segmentation:

The market is segmented based on vehicle type, engine capacity, end use, region, and company. The segmentation provides a detailed understanding of the diverse aspects influencing the market dynamics.

โ€ข Vehicle Type: The market is bifurcated into scooters/mopeds and motorcycles, each catering to specific consumer preferences.
โ€ข Engine Capacity: Segmentation based on engine capacity includes categories such as Up to 125cc, 126-250cc, 250-500cc, above 500cc, and electric, reflecting the diverse range of two-wheelers available.
โ€ข End Use: The market is further segmented into individual and institutional use, capturing the varied purposes for which two-wheelers are employed.
โ€ข Region: Global segmentation includes North America, Asia Pacific, Europe & CIS, South America, and the Middle East & Africa, showcasing the market's geographical spread.
The TechSci Research report on the Global Two-Wheeler Market presents a comprehensive analysis of the industry, highlighting its growth drivers, challenges, and the competitive landscape. The benefits of the research report extend beyond market insights, providing stakeholders with strategic decision-making tools. The competitive analysis underscores the industry's dynamism, with major players shaping market trends and innovations. As the market continues to evolve, propelled by the surge in global demand, strategic initiatives and technological advancements will be pivotal in determining the trajectory of the global two-wheeler market..

๐ƒ๐จ๐ฐ๐ง๐ฅ๐จ๐š๐ ๐ญ๐ก๐ž ๐Ÿ๐ซ๐ž๐ž ๐ฌ๐š๐ฆ๐ฉ๐ฅ๐ž ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ (๐˜‹๐˜ฆ๐˜ต๐˜ข๐˜ช๐˜ญ๐˜ฆ๐˜ฅ ๐˜ค๐˜ฉ๐˜ข๐˜ฑ๐˜ต๐˜ฆ๐˜ณ-๐˜ฃ๐˜บ-๐˜ค๐˜ฉ๐˜ข๐˜ฑ๐˜ต๐˜ฆ๐˜ณ ๐˜จ๐˜ถ๐˜ช๐˜ฅ๐˜ข๐˜ฏ๐˜ค๐˜ฆ, ๐˜™๐˜ฆ๐˜จ๐˜ช๐˜ฐ๐˜ฏ๐˜ข๐˜ญ ๐˜ˆ๐˜ฏ๐˜ข๐˜ญ๐˜บ๐˜ด๐˜ช๐˜ด, ๐˜Ž๐˜ณ๐˜ข๐˜ฑ๐˜ฉ๐˜ช๐˜ค๐˜ข๐˜ญ ๐˜™๐˜ฆ๐˜ฑ๐˜ณ๐˜ฆ๐˜ด๐˜ฆ๐˜ฏ๐˜ต๐˜ข๐˜ต๐˜ช๐˜ฐ๐˜ฏ, ๐˜™๐˜ช๐˜ด๐˜ฌ๐˜ด, ๐˜–๐˜ฑ๐˜ฑ๐˜ฐ๐˜ณ๐˜ต๐˜ถ๐˜ฏ๐˜ช๐˜ต๐˜ช๐˜ฆ๐˜ด, ๐˜š๐˜ข๐˜ญ๐˜ฆ๐˜ด ๐˜๐˜ฐ๐˜ญ๐˜ถ๐˜ฎ๐˜ฆ, ๐˜™๐˜ฆ๐˜ท๐˜ฆ๐˜ฏ๐˜ถ๐˜ฆ ๐˜ˆ๐˜ฏ๐˜ข๐˜ญ๐˜บ๐˜ด๐˜ช๐˜ด)- https://www.techsciresearch.com/sample-report.aspx?cid=1416

Some of the major companies operating in the Global Two-wheeler Market include:
โ€ข Hero MotoCorp Ltd.,
โ€ข Bajaj Auto Ltd.
โ€ข Yamaha Motor Co., Ltd.
โ€ข Piaggio & C. S.p.A.
โ€ข TVS Motor Company Limited.
โ€ข Harley Davidson.
โ€ข Suzuki Motor Corporation
โ€ข Kawasaki Heavy Industries, Ltd.
โ€ข Honda Motor Co., Ltd.
โ€ข BMW Motorrad.

These are the key players manufacturing and launching new products to stay competitive in the market. To increase the customer outreach, the companies are investing in the research and development activities to stay competitive in the market. These companies are also focusing on meeting the regulations of different regional governments to stay competitive in the global market as many new startups are also launching two-wheelers and providing competition to the established players in the market.

"The leading region in the global two-wheeler market is Asia Pacific, which is followed by Europe and North America in terms of market share. During the forecast period, these regions are expected to increase their market penetration because regional companies are improving their manufacturing capabilities and expanding their product lines. Moreover, the increase in the sales of electric two-wheelers will create new opportunities for the global two-wheeler market," said Mr. Karan Chechi, Research Director with TechSci Research, a research-based global management consulting firm.

"Two-wheeler Market - Global Industry Size, Share, Trends, Competition, Opportunity, and Forecast, 2018-2028" has evaluated the future growth potential of Global Two-wheeler Market and provides statistics & information on market size, structure, and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in the Global Two-wheeler Market.

Table Of Content:

1. Introduction

2. Product Overview

3. Research Methodology

4. Executive Summary

5. Impact of COVID-19 on Global Two-Wheeler Market

6. Voice of Customer

6.1. Factors Influencing Purchase Decision

6.2. Aided Brand Recall and Unaided Brand Recall

6.3. Challenges/Unmet Needs

7. Global Two-Wheeler Market Outlook
.................toc continued
๐ƒ๐จ๐ฐ๐ง๐ฅ๐จ๐š๐ ๐ญ๐ก๐ž ๐Ÿ๐ซ๐ž๐ž ๐ฌ๐š๐ฆ๐ฉ๐ฅ๐ž ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ (๐˜‹๐˜ฆ๐˜ต๐˜ข๐˜ช๐˜ญ๐˜ฆ๐˜ฅ ๐˜ค๐˜ฉ๐˜ข๐˜ฑ๐˜ต๐˜ฆ๐˜ณ-๐˜ฃ๐˜บ-๐˜ค๐˜ฉ๐˜ข๐˜ฑ๐˜ต๐˜ฆ๐˜ณ ๐˜จ๐˜ถ๐˜ช๐˜ฅ๐˜ข๐˜ฏ๐˜ค๐˜ฆ, ๐˜™๐˜ฆ๐˜จ๐˜ช๐˜ฐ๐˜ฏ๐˜ข๐˜ญ ๐˜ˆ๐˜ฏ๐˜ข๐˜ญ๐˜บ๐˜ด๐˜ช๐˜ด, ๐˜Ž๐˜ณ๐˜ข๐˜ฑ๐˜ฉ๐˜ช๐˜ค๐˜ข๐˜ญ ๐˜™๐˜ฆ๐˜ฑ๐˜ณ๐˜ฆ๐˜ด๐˜ฆ๐˜ฏ๐˜ต๐˜ข๐˜ต๐˜ช๐˜ฐ๐˜ฏ, ๐˜™๐˜ช๐˜ด๐˜ฌ๐˜ด, ๐˜–๐˜ฑ๐˜ฑ๐˜ฐ๐˜ณ๐˜ต๐˜ถ๐˜ฏ๐˜ช๐˜ต๐˜ช๐˜ฆ๐˜ด, ๐˜š๐˜ข๐˜ญ๐˜ฆ๐˜ด ๐˜๐˜ฐ๐˜ญ๐˜ถ๐˜ฎ๐˜ฆ, ๐˜™๐˜ฆ๐˜ท๐˜ฆ๐˜ฏ๐˜ถ๐˜ฆ ๐˜ˆ๐˜ฏ๐˜ข๐˜ญ๐˜บ๐˜ด๐˜ช๐˜ด)- https://www.techsciresearch.com/sample-report.aspx?cid=1416

Some Related Research Report by TechSci Research:

Saudi Arabia Electric Two-Wheeler Market - https://www.techsciresearch.com/report/saudi-arabia-electric-two-wheeler-market/12869.html
Automotive Electric HVAC Compressor Market - https://www.techsciresearch.com/report/automotive-electric-hvac-compressor-market/22960.html
Automotive Exhaust Systems Market - https://www.techsciresearch.com/report/automotive-exhaust-systems-market/22967.html

Contact Us:
Techsci Research LLC
420 Lexington Avenue, Suite 300,
New York, United States- 10170
Tel: +13322586602
Email: sales@techsciresearch.com
Website: www.techsciresearch.com

About Us:
TechSci Research is a research based management consulting firm providing market research and advisory solutions to its customers worldwide, spanning a range of industries. TechSci Research's core values are value, integrity and insight. Led by a team of dynamic industry experts, TechSci Research provides its customers with high value market research and advisory services that helps them identify new market opportunities, growth engines and innovative ways to capture the market share. As a result, TechSci's client leads rather than follow market trends. Not bound by legacy, TechSci's cutting-edge research model leverages its decades of research knowledge and an increased use of technology as engines of innovation to deliver unique research value. Provided as an alternative to traditional market research, TechSci Research reports do not just deliver data and knowledge rather highlights the insights in a more usable and interactive format for its clients.

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