Colombia two wheeler market is expected
to grow at a steady rate during the forecast period. The Colombia two wheeler market
is driven by the increasing working population. Additionally, increasing use of
two wheelers by the police force, delivery persons, among others is further
expected to propel the market growth. Furthermore, growing popularity of two
wheelers especially motorcycles among the youth has made major players
operating in the market to launch new models. This in turn is expected to fuel
the market growth. However, adhering to the air pollution and vehicular
emission standards can hamper the market growth through 2028. The sudden
outbreak and spread of pandemic COVID-19
in the country, forced the government to shut down all not necessary activities
and in March the market fell down 22.5%.
The Colombia two wheeler market is
segmented based on vehicle type, engine capacity, company and region. Based on vehicle
type, the market can be split into scooter/moped and motorcycle. The
scooter/moped segment is expected to grow significantly on account of the growing
number of female drivers. Based on engine type, the market can be categorized
into up to 125cc, 126-250cc, 250-500cc and above 500cc. the up to 125cc segment
is expected to dominate the market owing to their affordability, high mileage
and easy maneuverability.
The major players operating in the Colombia
two wheeler market are Bajaj, Yamaha, AKT, Honda, Suzuki, Kymco, HMCL (Hero), Auteco,
Ayco LTDA, M.B. Motor Colombia S.A.S. and others. Major companies are
developing advanced technologies and launching new products to stay competitive
in the market. Other competitive strategies include mergers & acquisitions
and new product developments.
Download Free Sample Report
Objective of the Study:
- To analyze and estimate the market size of Colombia two wheeler market
from 2018 to 2021.
- To estimate and forecast the market size of Colombia two wheeler market
from 2022 to 2028 and growth rate until 2028.
- To classify and forecast Colombia two wheeler market based on vehicle
type, engine capacity, company and regional distribution.
- To identify dominant region or segment in the Colombia two wheeler market.
- To identify drivers and challenges for Colombia two wheeler market.
- To examine competitive developments such as expansions, new product
launches, mergers & acquisitions, etc., in Colombia two wheeler market.
- To conduct pricing analysis in the Colombia two wheeler market.
- To identify and analyze the profile of leading players operating in
Colombia two wheeler market.
- To identify key sustainable strategies adopted by market players in
Colombia two wheeler market.
TechSci Research performed both primary as well as exhaustive
secondary research for this study. Initially, TechSci Research sourced a list
of manufacturers across the globe. Subsequently, TechSci Research conducted
primary research surveys with the identified companies. While interviewing, the
respondents were also enquired about their competitors. Through this technique,
TechSci Research could include the manufacturers which could not be identified
due to the limitations of secondary research. TechSci Research analyzed the manufacturers,
distribution channels and presence of all major players across the globe.
TechSci
Research calculated the market size of Colombia two wheeler market using a bottom-up approach, wherein data for various end-user
segments was recorded and forecast for the future years. TechSci Research
sourced these values from the industry experts and company representatives and
externally validated through analyzing historical data of these product types
and applications for getting an appropriate, overall market size. Various
secondary sources such as company websites, news articles, press releases,
company annual reports, investor presentations and financial reports were also studied
by TechSci Research.
Key Target Audience:
- Two wheeler manufacturers/ suppliers/
distributors
- Market research and consulting firms
- Government bodies such as regulating
authorities and policy makers
- Organizations, forums and alliances related to
two wheeler
The study is useful in providing answers to several critical
questions that are important for the industry stakeholders such as manufacturers,
suppliers and partners, end users, etc., besides allowing them in strategizing
investments and capitalizing on market opportunities.
|
Attribute
|
Details
|
|
Base
Year
|
2022
|
|
Historical
Years
|
2018 – 2021
|
|
Estimated
Year
|
2023E
|
|
Forecast
Period
|
2024F – 2028F
|
|
Quantitative
Units
|
Revenue in
USD Million, Volume in Units and CAGR for 2018-2022 and 2023E-2028F
|
|
Report
Coverage
|
Revenue
forecast, volume forecast, company share, competitive landscape, growth
factors, and trends
|
|
Segments
Covered
|
·
Vehicle
type
·
Engine
Capacity
|
|
Region
Scope
|
North Region,
South Region, East Region, West Region, Central Region
|
|
Key Companies
Profiled
|
Bajaj,
Yamaha, AKT, Honda, Suzuki, Kymco, HMCL (Hero), Auteco, Ayco LTDA, M.B. Motor
Colombia S.A.S.
|
|
Customization
Scope
|
10% free
report customization with purchase. Addition or alteration to regional &
segment scope.
|
|
Pricing
and Purchase Options
|
Avail
customized purchase options to meet your exact research needs. Explore purchase
options
|
|
Delivery
Format
|
PDF and Excel through Email (We can also
provide the editable version of the report in PPT/Word format on special
request)
|
Report Scope:
In this report, Colombia two wheeler market has
been segmented into following categories, in addition to the industry trends
which have also been detailed below:
- Colombia Two Wheeler Market, By Vehicle Type:
- Colombia Two Wheeler Market, By Engine Capacity:
- Up to
125cc
- 126-250cc
- 250-500cc
- Above
500cc
- Colombia Two Wheeler Market, By Region:
- North
- South
- East
- West
- Central
Competitive
Landscape
Company Profiles: Detailed analysis of the major
companies present in Colombia two wheeler market.
Available Customizations:
With the given market data, TechSci Research offers
customizations according to a company’s specific needs. The following
customization options are available for the report:
Company Information
- Detailed analysis and profiling of
additional market players (up to five).
Colombia two wheeler market is an
upcoming report to be released soon. If you wish an early delivery of this
report or want to confirm the date of release, please contact us at [email protected]