Peru Two Wheeler Market is projected
to grow at a CAGR of over 4% during 2018-2023. The penetration of two wheelers
is anticipated to increase across the country since it is a major mode of
transportation for personal as well as public use, especially in rural areas of
the country. Moreover, inclining ASP, coupled with growing sales volume, would
influence value of the market to expand during 2018-2023. In 2017, Peru two wheeler
industry was led by motorcycle segment in the country owing to increasing sales
and the segment grabbed a volume share of over 55%. Based on engine capacity,
the growing demand for motorcycles with the engine capacity of up to 250cc, is
majorly driving the sales of the segment vehicle across the country. Furthermore,
rapid urbanization and lack of proper public transport infrastructure are other
major factors anticipated to boost growth in the two wheeler market of the
country during 2018-2023. Based on region, Peru has been segmented into western,
northern, southern, eastern and central regions. In 2017, western region of
Peru, comprising capital city Lima and Ancash captured a highest volume share
in Peru Two wheeler market owing to growing population, mainly in Lima region
and is also anticipated that the region will dominate the market 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 Peru Two Wheeler Market based
on vehicle type, engine capacity, type of sales, model types and regional
distribution.
- To identify drivers and challenges for Peru Two
Wheeler Market.
- To examine competitive developments such as
expansions, new product launches, mergers & acquisitions, etc., in Peru
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 Peru Two Wheeler Market.
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Some of the leading players in the
Peru Two Wheeler Market are Honda, Bajaj, Wanxin, Ronco, Zongshen, Italika,
Yamaha Jinco, TVS, Hero 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 Peru. 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 Peru.
TechSci Research calculated the market size for Peru 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, Peru 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
- Southern
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.
In case you don’t find what you are
looking for, please get in touch with our custom research team at [email protected]
It 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]
In case you don’t find what you are looking for, please get in touch with our custom research team at [email protected]