Middle East Two-Wheeler Market to Grow with a CAGR of 9.4% through 2030
The
growing awareness of environmental concerns, supportive government policies
promoting electric vehicles, and the increasing affordability of electric
two-wheelers are the factors driving the market in the forecast period
2026-2030.
According
to TechSci Research report, “Middle East Two-Wheeler
Market – By Country, Competition, Opportunities and Forecast, 2020-2030F”,
The Middle East Two-Wheeler Market was valued at USD 406.8 Million in 2024 and
is expected to reach USD 668.3 Million by 2030 with a CAGR of 9.4% during the
forecast period. Two-wheelers are becoming a preferred mode of transport
in the Middle East due to rising urban population density and the need for
economical and efficient mobility. Increased use in delivery and logistics
services, especially in busy city areas, has further pushed demand.
Environmental concerns and government support for green transportation have
fueled interest in electric models. These factors, combined with the
practicality of two-wheelers in traffic-heavy zones, are helping the market
grow.
Innovations in battery technology, user-friendly smart
features, and mobile connectivity are transforming two-wheeler offerings.
Consumers are showing greater interest in vehicles that are reliable,
low-maintenance, and technologically advanced. Improvements in infrastructure,
such as charging points and swap stations, are also making electric models more
accessible. With better design, safety, and travel range, these vehicles are
becoming suitable not only for individual use but also for commercial applications.
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Middle East Two-Wheeler Market Data Figures spread through XX Pages and an
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Middle East Two-Wheeler Market Is Segmented By
Vehicle Type, Capacity, End Use, and By Country.
The market for two-wheelers in the Middle East is segmented
into motorcycles and scooters/mopeds, each catering to different consumer
preferences and needs. Motorcycles typically appeal to individuals seeking
higher speeds and greater performance. They are often used for long-distance
travel and are preferred by those who prioritize power, versatility, and
durability. These vehicles are commonly associated with more dynamic riding
experiences, and their larger engine capacity makes them suitable for both urban
and off-road environments. Motorcycles provide more power, making them ideal
for riders who need to travel across diverse terrains and at higher speeds. On
the other hand, scooters and mopeds are usually favored for their practicality,
cost-efficiency, and ease of use in densely populated areas. These vehicles are
often lighter and more compact, making them suitable for short trips, city
commuting, and maneuvering through traffic. Scooters and mopeds are
particularly attractive in urban settings where ease of parking and fuel
efficiency are key considerations. They tend to have smaller engines, making
them more affordable and accessible to a broader range of consumers. In many
cases, these vehicles are seen as an entry-level option for younger or less experienced
riders. Both vehicle types offer distinct advantages based on the rider's
needs. Motorcycles are better suited for longer journeys and a more powerful
ride, while scooters and mopeds provide an ideal solution for everyday city
commuting. As urbanization continues to grow in the Middle East, the demand for
both motorcycles and scooters/mopeds is likely to increase, as they offer
convenient, cost-effective transportation solutions. Each vehicle type is
expected to appeal to different consumer segments based on usage patterns,
preferences, and the overall transportation infrastructure of the region.
In 2024, Saudi Arabia stands out as the fastest-growing
region in the Middle East two-wheeler market. This growth is driven by a
combination of favorable government policies, increasing urbanization, and a
shift towards eco-friendly transportation solutions. As part of its Vision 2030
initiative, Saudi Arabia has been focusing on diversifying its economy, with
sustainability playing a key role. The country’s push for electric vehicles,
including two-wheelers, aligns with its efforts to reduce carbon emissions and
promote cleaner mobility options. This government support has created a
favorable environment for the growth of electric two-wheelers in the region.
Saudi Arabia’s growing urban population is another factor contributing to the
rise in demand for two-wheelers. With the rapid expansion of cities and
increased traffic congestion, electric two-wheelers offer an efficient and
cost-effective solution for short-distance commuting. These vehicles are
well-suited for navigating through crowded city streets, making them an
attractive option for daily commuters. In addition to government incentives,
the expansion of charging infrastructure across the country further supports
the adoption of electric two-wheelers, making them more accessible and
practical for consumers. Rural areas in Saudi Arabia are also seeing increased
adoption of two-wheelers due to their affordability and practicality. As public
transport options in these regions remain limited, two-wheelers provide a
reliable means of transportation. The affordability of electric two-wheelers,
coupled with the growing environmental consciousness among consumers, is
expected to drive significant growth in Saudi Arabia’s two-wheeler market in
2024. The combination of government backing, infrastructure improvements, and
shifting consumer preferences is fueling Saudi Arabia’s dominance in the market
and positioning it as a leader in the Middle East for electric mobility
solutions.
Major
Market Players Operating in Middle East Two-Wheeler Market Are:
- Yamaha
Motor Co., Ltd.
- Honda
Motor Co., Ltd.
- Hero
MotoCorp Ltd.
- Bajaj
Auto Ltd.
- TVS
Motor Company Ltd.
- Suzuki
Motor Corporation
- Kawasaki
Heavy Industries, Ltd.
- Ducati
Motor Holding S.p.A.
- Harley-Davidson,
Inc.
- Piaggio
& C. S.p.A.
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The Middle East two-wheeler market is witnessing consistent
growth as consumers and governments focus on enhancing urban mobility,
improving infrastructure, and addressing the increasing demand for sustainable
and cost-effective transportation solutions. Two-wheelers are transforming the
region’s transportation landscape by enabling quick and efficient movement of
individuals across both urban and rural areas, contributing to a more optimized
and eco-friendly mobility network. With advancements in vehicle technologies,
electrification, and energy-efficient systems, manufacturers are developing
vehicles that aim to reduce emissions while boosting overall performance.
Industry experts anticipate that continued investment in electric mobility
infrastructure, ongoing urbanization, and regulatory support for green
transportation options will significantly propel the growth of the Middle East
two-wheeler market in the coming years", said Mr. Karan Chechi, Research
Director of TechSci Research, a research-based global management consulting
firm.
“Middle East Two-Wheeler Market By Vehicle Type (Motorcycles and Scooters/Mopeds), By Capacity (Up to 125 cc, 126 cc – 250 cc, 250 cc – 500 cc, Above 500 cc, Electric), By End Use (Individual, Institutional) By Country, Competition, Forecast & Opportunities, 2020-2030F”, assesses the market's future growth potential and provides data on
market size, trends, and forecasts. It aims to offer comprehensive market
insights, helping decision-makers make informed investment choices. The report
also highlights emerging trends, key drivers, challenges, and opportunities in
the Middle East Two-Wheeler Market.
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