Press Release

Premium Motorcycles Market in India to Grow at 20% till 2022

Expanding high net worth individual population base, growing number of domestic assembly plants and declining average selling prices of premium motorcycles to drive India premium motorcycles market through 2022

According to TechSci Research report, India Premium Motorcycles Market By Cubic Capacity, Competition Forecast & Opportunities, 2022, the India premium motorcycles market is forecast to grow at a CAGR of over 20% during 2017 – 2022, on account of growing trend of CKD as well as SKD assembly, rising number of new model launches, declining average selling price and rising number of high net worth individuals across the country. Furthermore, growing trend of premium motorcycle rider communities like Harley Owners Group, G.O.D.S, etc., and increasing penetration of various international brands in the market is expected to drive India premium motorcycles market in the coming years.

Browse 22 Tables and 60 Figures spread through 125 Pages and an in-depth TOC on "India Premium Motorcycles Market"

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On the basis of cubic capacity, India premium motorcycles market has been broadly segmented into three categories, namely, 500–800cc, 800–1600cc and >1600cc.  In 2016, 500cc to 800cc premium motorcycle segment dominated India premium motorcycles market, and the same trend is expected to continue during the forecast period as well, owing to competitive pricing and large number of options available in this segment. The country’s north and south regions are the major demand generating regions for premium motorcycles owing to growing demand from young generation in both of these regions coupled with increasing number of motorcycle clubs and groups in cities like Hyderabad, Chennai, Bangalore, Delhi, Chandigarh, etc.


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“Over the past few years, inclination of people towards purchasing premium motorcycles has increased significantly in India, owing to growing number of international brands entering the market coupled with improving road infrastructure, rising purchasing power and increasing availability of premium motorcycles. Moreover, demand for premium motorcycles in the country is anticipated to increase in the coming years on account of expanding HNWI population base and growing number of CKD and SKD assembly plants in the country, which is leading to reduction in the average selling price of premium motorcycles.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

India Premium Motorcycles Market By Cubic Capacity, Competition Forecast & Opportunities, 2022 has analyzed the potential of India premium motorcycles market, and provides statistics and information on market sizes, shares and trends. The report will suffice in providing the intending clients with cutting-edge market intelligence and help them in taking sound investment decisions. Besides, the report also identifies and analyzes emerging trends along with essential drivers and key challenges faced by India premium motorcycles market.

About TechSci Research

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