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Top Players and Competitive Dynamics in the Motorcycles, Scooters, and Mopeds Market
Motorcycles, Scooters and Mopeds Market
Projected Market Growth in Motorcycles, Scooters and Mopeds
The market size for motorcycles, scooters, and mopeds is anticipated to reach $513.78 billion by 2030, expanding at a compound annual growth rate (CAGR) of 6.5%. This upward trajectory is influenced by several critical factors, including government incentives supporting electric two-wheelers, the development of charging infrastructure, increasing urban mobility needs, heightened environmental awareness, and innovations in lightweight materials. Key market trends for the forecast period include a rise in electric scooter adoption, growth in compact urban two-wheelers, demand for fuel-efficient vehicles, expansion of shared two-wheeler services, and greater customization options in two-wheeler designs.
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Leading Companies Shaping the Motorcycles, Scooters and Mopeds Market
The industry features numerous prominent players shaping its competitive landscape. These include Bayerische Motoren Werke AG, Honda Motor Co. Ltd., Suzuki Motor Corporation, Chang'an Automobile Co. Ltd., Yamaha Motor Co. Ltd., Kawasaki Heavy Industries Ltd., Bajaj Auto Limited, Hero MotoCorp Limited, Pierer Mobility AG, TVS Motor Company, Piaggio & C. SpA., Eicher Motors Limited, Ducati Motor Holding S.p.A., Triumph Motorcycles Ltd., Jinyi Motor Co. Ltd., Sundiro Honda Motorcycle Co. Ltd., Kymco, Zero Motorcycles Inc., MV Agusta Motor S.p.A., Loncin Holdings Ltd., Norton Motorcycle Company Ltd., Zongshen Industry Group Co. Ltd., and Hyosung Motors & Machinery Inc.
A notable development occurred in January 2023 when RattanIndia Enterprises, a diversified technology and finance company from India, acquired Revolt Motors for an undisclosed sum. This acquisition aims to accelerate Revolt Motors' growth and establish it as India's largest electric two-wheeler manufacturer. Revolt Motors focuses on designing and producing electric motorcycles for consumer markets.
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Emerging Trends Driving Innovation in Motorcycles, Scooters and Mopeds
Industry leaders are increasingly prioritizing the development of electric scooters and e-mobility two-wheelers to address the growing demand for cleaner, quieter, and more sustainable urban transportation options. These electric models replace traditional internal combustion engines with electric motors and batteries, eliminating tailpipe emissions and reducing noise pollution. They also offer benefits such as simpler maintenance, instant torque, and lower total cost of ownership over time.
For example, in November 2025, Yamaha Motor, a renowned Japanese motorcycle and scooter manufacturer, introduced two electric scooter models for the Indian market. The AEROX E is a sporty all-electric scooter designed in-house, reflecting Yamaha's signature style in electric form. Meanwhile, the EC-06, developed in partnership with Indian EV startup River Mobility, targets a broader commuter audience with a stylish and practical urban mobility solution.
Market Segmentation Overview for Motorcycles, Scooters and Mopeds
The market segmentation in this sector is organized by vehicle type, engine capacity, and application areas. The primary type categories include motorcycles, scooters, and mopeds. Engine capacity is divided into four groups: up to 150cc, 151-300cc, 301-500cc, and above 500cc. As for applications, the market serves residential, commercial, and other specialized uses.
Further subcategories provide a detailed breakdown:
- Motorcycles are segmented into cruiser, sport, touring, dirt bikes, chopper, and dual-sport motorcycles.
- Scooters are classified as electric scooters, gas-powered scooters, kick scooters, and mobility scooters.
- Mopeds include pedal mopeds, electric mopeds, and gas-powered mopeds.
This comprehensive segmentation supports targeted product development and marketing strategies tailored to diverse consumer needs and preferences.
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