India two wheeler market exhibited a healthy growth during FY2013-FY2017, with the sales reaching $ 15 billion in FY2017. The market is projected to exhibit a CAGR of more than 9% over the next five years and cross $ 25 billion by FY2023. Growing demand for two wheelers in the country is attributed to increasing per capita income levels, high fuel efficiency of two wheelers and easy financing options available across the country. Moreover, easy manoeuvrability, lower emissions and launch of new models by leading players are expected to further boost two wheeler sales in India during the forecast period.

Years considered for this report:

Historical Years: FY2013 – FY2016

Base Year: FY2017

Estimated Year: FY2018

Forecast Period: FY2019-FY2023

Objective of the Study:

  • To assess the demand-supply scenario of two wheeler market, which covers sales, demand and supply of two wheeler market.
  • To analyze and forecast the market size of two wheeler market in India.
  • To classify and forecast India two wheeler market based on engine capacity type, vehicle type and by region type.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in India two wheeler market.
  • To conduct the pricing analysis for India two wheeler market.
  • To identify and analyze the profiles of leading players involved in manufacturing two wheeler.


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Some of the major players operating in India two wheeler market include Hero MotoCorp Ltd., Honda Motorcycle, Scooter India Pvt. Ltd, TVS Motor Company Limited, and Bajaj Auto Ltd., among others.

To perform the study, TechSci Research conducted primary as well as exhaustive secondary research. Initially, TechSci Research prepared an exhaustive list of two wheeler distributors and dealers operating in the country. Subsequently, TechSci Research conducted primary research surveys, which included primary calls, email responses, etc., with the identified companies. While interviewing, the respondents were also asked about their major competitors. Through this technique, TechSci Research could include manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analyzed product offerings, distribution channels, and regional presence of all major two wheeler companies across the country.

TechSci Research calculated the market size for two wheeler market using a bottom-up technique, wherein sales volume data of different engine capacities and end users, was recorded as well as forecast for the future years. TechSci Research sourced these value & volume figures from industry experts and company representatives, and externally validated through analyzing historical sales data of respective manufacturers to arrive at the overall market size.

TechSci Research calculated the market size for global two wheeler market using a bottom-up technique, wherein the value service data for different vehicle type (Motorcycle, Scooter, Moped, Electric Two Wheeler) 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 analyzing historical data of respective companies to arrive at the overall market size. Multiple secondary sources such as directories, databases such as SIAM, OICA, World Bank, company websites, company annual reports, white papers, investor presentations and financial reports were also reviewed by TechSci Research.


Key Target Audience:

  • Two wheeler manufacturers, distributors and other stakeholders
  • Government bodies such as regulating authorities and policymakers
  • Associations, organizations, forums and alliances related to two wheeler industry
  • Market research and consulting firms

The study is useful in providing answers to several critical questions that are important for industry stakeholders such as two wheeler manufacturers, dealers, customers and policy makers. The study would also help them to target the growing segments over the coming years (next two to five years), thereby aiding the stakeholders in taking investment decisions and facilitating their expansion.

Report Scope:

In this report, 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 Wheeler
  • Market, by Engine Capacity
    • Less than100 cc
    • 100-125 cc
    • 125-150 cc
    • 150-180 cc
    • 180-250 cc
    • 250-500 cc
    • Above 500cc

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in India 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).
In case you don’t find what you are looking for, please get in touch with our custom research team at [email protected]

In case you don’t find what you are looking for, please get in touch with our custom research team at [email protected]

1.       Product Overview

2.       Research Methodology

3.       Analyst View

4.       Voice of Customer

4.1.    Factors Influencing Purchase Decision

4.2.    Influencer of Purchase

4.3.    Aided/Unaided Brand Recall

4.4.    Brand Satisfaction

5.       India Two Wheeler Market Overview

5.1.    Two Wheeler production units by engine displacement in India (FY2016 &   FY2017)

5.2.    Number of Two Wheeler owned in India (2016-2017)

6.       India Two Wheeler Market Outlook

6.1.    Market Size & Forecast

6.1.1.By Value & Volume

6.2.    Market Share & Forecast

6.2.1.By Vehicle Type (Motorcycle, Scooter, Moped, Electric Two Wheeler)

6.2.2.By Engine Capacity (<100cc, 100-125cc, 150-180cc, 180-250cc, 250-500cc, >500cc)

6.2.3.By Company

6.2.4.By State

6.2.5.By Region

6.3.    Market Attractive Index (By Vehicle Type)

6.4.    Market Attractive Index (By Engine Capacity)       

6.5.    Market Attractive Index (By Region)

6.6.    Market Attractive Index (By Company)

7.       India Motorcycle Market Outlook

7.1.    Market Size & Forecast

7.1.1.By Value & Volume

7.2.    Market Share & Forecast

7.2.1.By Engine Capacity (<100cc, 100-125cc, 150-180cc, 180-250cc, 250-500cc, >500cc)

7.2.2.By Company

7.3.    Pricing Analysis

8.       India Scooter Market Outlook

8.1.    Market Size & Forecast

8.1.1.By Value & Volume

8.2.    Market Share & Forecast

8.2.1.By Engine Capacity (<100cc, 100-125cc, 150-180cc, 180-250cc, 250-500cc, >500cc)

8.2.2.By Company

8.3.    Pricing Analysis

9.       India Moped Market Outlook

9.1.    Market Size & Forecast

9.1.1.By Value & Volume

10.   India Electric Two Wheeler Market Outlook

10.1.  Market Size & Forecast

10.1.1.    By Value & Volume

10.2.  Market Share & Forecast

10.2.1.    By Vehicle Type (Motorcycle, Scooter)

10.2.2.    By Battery Capacity (<25 Ah, >25 Ah)

10.2.3.    By Battery Type (Lead Acid, Li-ion)

10.2.4.    By Company

10.3.  Pricing Analysis

11.   Product Benchmarking

12.   Price Point Analysis

13.   Market Trends & Developments

14.   SWOT Analysis

15.   Competitive Landscape

15.1.  Hero MotoCorp Ltd.

15.2.  Honda Motorcycle and Scooter India Pvt. Ltd

15.3.  Royal Enfield Ltd India

15.4.  TVS Motor Company Limited

15.5.  Bajaj Auto Ltd.

15.6.  Suzuki Motorcycle India Pvt. Ltd.

15.7.  Yamaha Motor India Pvt. Ltd.

15.8.  India Kawasaki Motors Private Limited

15.9.  H-D Motor Company India Private Limited

15.10.        Triumph Motorcycles (India) Private Limited

16.   India Economic Profile

17.   Strategic Recommendations

18.   Annexure: List of Two Wheeler Market Dealers/Distributors

In case you don’t find what you are looking for, please get in touch with our custom research team at [email protected]
  • List of Figures

     

    Figure 1: India Two Wheeler Market - Factors Influencing Purchase Decision (N=75)

    Figure 2: India Two Wheeler Market - Influencer of Purchase (N= 75)

    Figure 3: India Two Wheeler Market - Aided Brand Recall (N= 75)

    Figure 4: India Two Wheeler Market - Unaided Brand Recall (N= 75)

    Figure 5: India Two Wheeler Market Brand Satisfaction Level (N= 75)

    Figure 6: India Two Wheeler Market – Brand Satisfaction Level, By Customer Assistance (N= 75)

    Figure 7: India Two Wheeler Market – Brand Satisfaction Level, By After-Sales Service (N= 75)

    Figure 8: India Two Wheeler Market - Brand Satisfaction Level, By Discounts (N= 75)

    Figure 9: India Two Wheeler Market - Brand Satisfaction Level, By Vehicle Range (N= 75)

    Figure 10: India Two Wheeler Production, By Engine Displacement, FY2016 & FY2017

    Figure 11: India Two Wheeler Market Size, By Value (USD Billion), By Volume (Million Unit), FY2013-FY2023F

    Figure 12: India Two Wheeler Market Share, By Vehicle Type, By Volume, FY2013-FY2023F

    Figure 13: India Two Wheeler Market Share, By Engine Capacity, By Volume, FY2013-FY2023F

    Figure 14: India Two Wheeler Market Share, By Company, By Volume, FY2013-FY2023F

    Figure 15: India Two Wheeler Market Share, By State/Union Territory, By Volume, FY2017

    Figure 16: India Two Wheeler Market Share, By Region, By Volume, FY2017

    Figure 17: India Two Wheeler Market Attractiveness Index, By Vehicle Type, By Volume, FY2017-FY2023F

    Figure 18: India Two Wheeler Market Attractiveness Index, By Engine Capacity, By Volume, FY2017-FY2023F

    Figure 19: India Two Wheeler Market Attractiveness Index, By Company, By Volume, FY2017-FY2023F

    Figure 20: India Two Wheeler Market Attractiveness Index, By Region, By Volume, FY2017-FY2023F

    Figure 21: India Motorcycle Market Size, By Value (USD Billion), By Volume (Million Unit), FY2013-FY2023F

    Figure 22: India Motorcycle Market Share, By Engine Capacity, By Volume, FY2013-FY2023F

    Figure 23: India Motorcycle Market Share, By Company, By Volume, FY2013-FY2023F

    Figure 24: India Scooter Market Size, By Value (USD Billion), By Volume (Million Unit), FY2013-FY2023F

    Figure 25: India Scooter Market Share, By Engine Capacity, By Volume, FY2013-FY2023F

    Figure 26: India Scooter Market Share, By Company, By Volume, FY2013-FY2023F

    Figure 27: India Moped Market Size, By Value (USD Billion), By Volume (Million Unit), FY2013-FY2023F

    Figure 28: India Electric Two Wheeler Market Size, By Value (USD Million), By Volume (Thousand Unit), FY2013-FY2023F

    Figure 29: India Electric Two Wheeler Market Share, By Vehicle Type, By Volume, FY2013-FY2023F

    Figure 30: India Electric Two Wheeler Market Share, By Battery Capacity, By Volume, FY2013-FY2023F

    Figure 31: India Electric Two Wheeler Market Share, By Battery Type, By Volume, FY2013-FY2023F

    Figure 32: India Electric Two Wheeler Market Share, By Company, By Volume, FY2013-FY2023F

    Figure 33: India Two Wheeler Market Average Selling Price Analysis, FY2013-FY2023F (USD Per Unit)

     

    List of Tables

     

    Table 1: Number of Two-Wheelers Owned in India, By State (Million Units), FY 2017

    Table 2: India Motorcycle Pricing Analysis, By Engine Capacity, FY2017

    Table 3: India Scooter Pricing Analysis, By Engine Capacity, FY2017

    Table 4: India Electric Two-Wheeler Pricing Analysis, By Company, FY2017

    Table 5: India Two-Wheeler Market - Product Benchmarking

    Table 6: List of Prominent Two-Wheeler Dealers in India, As of FY2017