Colombia Two Wheeler Market By Vehicle Type (Scooter/Moped, Motorcycle), By Engine Capacity (Up to 125cc, 126-250cc, 250-500cc and Above 500cc), By Company, By Region, Forecast & Opportunities, 2027

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 2027. 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.

Objective of the Study:

• To analyze and estimate the market size of Colombia two wheeler market from 2017 to 2020.
• To estimate and forecast the market size of Colombia two wheeler market from 2021 to 2027 and growth rate until 2027.
• 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.

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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.

 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:
• Motorcycle
• Scooter/Moped
• 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]