Ecuador Two Wheeler Market is
projected to grow at a CAGR of over 2% during 2018-2023. The Ecuador transport
system, especially in rural areas, is not developed. Due to the absence of
suitable public transport, motorcycles and scooters are extensively being used
in various parts of the country. Despite of a sudden fall of Ecuador two wheeler
market in 2016 due to political unrest prevailing across South America, a
similar trend of stabilized growth of the vehicle segment is expected to induce
in the country during the forecast period. Ecuador two wheeler market has been
majorly categorized under two vehicle segments i.e. motorcycles and scooters/mopeds.
In 2017, the market of two wheelers in Ecuador was led by motorcycles. Few of
the prominent motorcycle companies in Ecuador are, Honda, Suzuki, Yamaha, Bajaj.
However, consumers prefer to opt for scooters on the congested roads of Ecuador
where traffic is an utmost problem, which can be attributed to factors such as
low engine power and optimized cost of maintenance. Volume sales of scooters is
predicted to grow by 2023. Few of the prominent players in scooters are Honda, Yamaha,
Shineray among others. Based on region, Ecuador can be sub-divided in to
eastern, western, northern, south & south-east regions as well as central
region. In 2017, with leading volume share, western region of Ecuador accounted
as the top most demand generating area for two wheelers and the region is
anticipated to maintain its dominance over the next five years as well.
Years
considered for this report:
Historical Years: 2013-2016
Base Year: 2017
Estimated Year: 2018
Forecast Period: 2019–2023
Objective of the
Study:
- To analyse and forecast the market size of Two
Wheeler Market, in terms of value and volume.
- To classify and forecast Ecuador Two Wheeler Market based
on vehicle type, engine capacity, type of sales, model types and regional
distribution.
- To identify drivers and challenges for Ecuador
Two Wheeler Market.
- To examine competitive developments such as
expansions, new product launches, mergers & acquisitions, etc., in Ecuador
Two Wheeler Market.
- To conduct the pricing analysis for Two
Wheeler Market.
- To identify and analyse the profile of leading
players involved in the manufacturing of Ecuador Two Wheeler Market.
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Some of the leading players in the
Ecuador Two Wheeler Market are Bajaj, Suzuki, Sukida, Motor Uno, Dytona,
Honda, Jinco, TVS, Hero, Shineray etc.
To perform the study, TechSci Research
conducted primary as well as exhaustive secondary research. Initially, TechSci
Research prepared an exhaustive list of Two Wheeler manufacturers and dealers
operating in Ecuador. Subsequently, TechSci Research conducted primary research
surveys, which include primary calls, email responses, etc., with the
identified companies. While interviewing, the respondents were also asked about
their major competitors. TechSci Research analysed product offerings,
distribution channels and regional presence of all major Two Wheeler companies
across Ecuador.
TechSci Research calculated the market size for Ecuador
Two Wheeler market using a bottom-up technique, wherein sales volume data of
different engine capacities was recorded as well as forecast for the future
years. TechSci Research sourced these values from industry experts and company
representatives, and externally validated through analysing historical sales
data of respective manufacturers to arrive at the overall market size.
Key Target
Audience:
- Two Wheeler Manufacturers
- Automotive OEMs
- Two Wheeler Component
Manufacturers
- Traders, Distributors, and
Suppliers
- Industry associations and
experts
- Research organizations and
consulting companies.
- Research Institutes
- Industry associations
- Market research and
consulting firm.
The study is useful in providing answers
to several critical questions that are important for the industry stakeholders
such as collaboration manufacturer and partners, end users, etc., besides
allowing them in strategizing investments and capitalizing on market
opportunities.
Report Scope:
In this report, Ecuador Two Wheeler Market has
been segmented into following categories, in addition to the industry trends
which have also been detailed below:
- Market, By
Vehicle Type:
- Motorcycle
- Scooter/Moped
- Electric Two Wheelers
- Market, By Type
of Sales:
- Individual vs Institutional
- Market, by Region:
- Eastern
Region
- South
& South-East Region
- Western
Region
- Central
Region
- Northern
Region
Competitive
Landscape
Company Profiles: Detailed analysis of the major
companies present in Two Wheeler Market.
Available
Customizations:
With the given market data, TechSci
Research offers customizations according the 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).
Profit Margin Analysis
- Profit margin analysis in case of direct and
indirect sales channel.
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looking for, please get in touch with our custom research team at [email protected]
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In case you don’t find what you are looking for, please get in touch with our custom research team at [email protected]