+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

India Two Wheeler Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

  • PDF Icon

    Report

  • 141 Pages
  • August 2022
  • Region: India
  • IMARC Group
  • ID: 5642473
The India two wheeler market reached a volume of 15.2 Million Units in 2021. Looking forward, the publisher expects the market to reach 42.2 Million Units by 2027, exhibiting a CAGR of 18.55% during 2021-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.

In India, two wheelers primarily include motorcycles, mopeds, scooters and electric two wheelers. Some of the key factors driving the demand of two wheelers in India include its ease of manoeuvring through congested roads, lower carbon emissions, higher fuel efficiency, and providing an economical mode of transportation in comparison to three or four wheeled vehicles. Furthermore, rising urbanization, improving road infrastructure, and increasing number of women consumers are also catalyzing the demand of two wheelers in India.

The market, however, faces some challenges as well. Increasing work from home practice, which does not require people to commute to work may negatively impact demand over the next few years. Furthermore, increasing petrol prices in the country may also act as a constraint for market growth, particularly, in the entry level price sensitive category.

Key Market Segmentation:

The publisher provides an analysis of the key trends in each sub-segment of the India two wheeler market, along with forecasts at the country and regional level from 2022-2027. Our report has categorized the market based on vehicle type and engine capacity.

Breakup by Vehicle Type:

  • Motorcycle
  • Scooter
  • Moped
  • Electric Two Wheeler

Breakup by Engine Capacity:

  • < 100cc
  • 100-125cc
  • 126-180cc
  • 181-250cc
  • 251-500cc
  • 501-800cc
  • 801-1600cc
  • >1600cc

Breakup by Region:

  • North India
  • East India
  • West and Central India
  • South India

Competitive Landscape:

The competitive landscape of the industry has also been examined with some of the key players being Hero MotoCorp Ltd., Honda Motorcycle and Scooter India Pvt. Ltd, TVS Motor Company Limited, Bajaj Auto Ltd., Royal Enfield Ltd. India, Suzuki Motorcycle India Pvt. Ltd., Yamaha Motor India Pvt. Ltd., Triumph Motorcycles (India) Private Limited, BMW India Private Limited, Ducati India Private Limited, Ather Energy Pvt. Ltd., Revolt Motors, Lohia Auto Industries, Okinawa Autotech Pvt. Ltd and Ola Electric Mobility Pvt Ltd.

Key Questions Answered in This Report:

  • How has the India two wheeler market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the India two wheeler market?
  • What are the key regional markets?
  • What is the breakup of the market based on the vehicle type?
  • What is the breakup of the market based on the engine capacity?
  • What is the breakup of the market based on the battery type?
  • What is the breakup of the market based on the voltage capacity?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What are the price trends of India two wheeler market?
  • What is the structure of the India two wheeler market and who are the key players?
  • What is the degree of competition in the industry?

Table of Contents

1 Preface
2 Research Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 India Two Wheeler Market
5.1 Market Overview
5.2 Market Performance
5.2.1 Value Trends
5.2.2 Volume Trends
5.3 Impact of COVID-19
5.4 Market Forecast
5.4.1 Value Trends
5.4.2 Volume Trends
6 Breakup by Vehicle Type
6.1 Motorcycle
6.1.1 Market Trends
6.1.2 Market Breakup by Engine Capacity
6.1.3 Market Breakup by Key Players
6.1.4 Market Forecast
6.2 Scooter
6.2.1 Market Trends
6.2.2 Market Breakup by Engine Capacity
6.2.3 Market Breakup by Key Players
6.2.4 Market Forecast
6.3 Moped
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Electric Two Wheeler
6.4.1 Market Trends
6.4.2 Market Forecast
6.4.3 Market Breakup by Vehicle Type
6.4.3.1 Motorcycle
6.4.3.1.1 Market Trends
6.4.3.1.2 Market Forecast
6.4.3.2 Scooter
6.4.3.2.1 Market Trends
6.4.3.2.2 Market Forecast
6.4.4 Market Breakup by Battery Type
6.4.4.1 Lithium Ion
6.4.4.1.1 Market Trends
6.4.4.1.2 Market Forecast
6.4.4.2 Lead Acid
6.4.4.2.1 Market Trends
6.4.4.2.2 Market Forecast
6.4.5 Market Breakup by Voltage
6.4.5.1 < 36 V
6.4.5.1.1 Market Trends
6.4.5.1.2 Market Forecast
6.4.5.2 48 V
6.4.5.2.1 Market Trends
6.4.5.2.2 Market Forecast
6.4.5.3 60 V
6.4.5.3.1 Market Trends
6.4.5.3.2 Market Forecast
6.4.5.4 72 V
6.4.5.4.1 Market Trends
6.4.5.4.2 Market Forecast
6.4.6 Market Breakup by Key Players
7 Breakup by Engine Capacity
7.1 < 100cc
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 100-125cc
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 126-180cc
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 181-250cc
7.4.1 Market Trends
7.4.2 Market Forecast
7.5 251-500cc
7.5.1 Market Trends
7.5.2 Market Forecast
7.6 501-800cc
7.6.1 Market Trends
7.6.2 Market Forecast
7.7 801-1600cc
7.7.1 Market Trends
7.7.2 Market Forecast
7.8 >1600cc
7.8.1 Market Trends
7.8.2 Market Forecast
8 Breakup by Region
8.1 North India
8.1.1 Market Trends
8.1.2 Market Share by Top 5 cities
8.1.3 Market Forecast
8.2 East India
8.2.1 Market Trends
8.2.2 Market Share by Top 5 cities
8.2.3 Market Forecast
8.3 West and Central India
8.3.1 Market Trends
8.3.2 Market Share by Top 5 cities
8.3.3 Market Forecast
8.4 South India
8.4.1 Market Trends
8.4.2 Market Share by Top 5 cities
8.4.3 Market Forecast
9 SWOT Analysis
9.1 Overview
9.2 Strengths
9.3 Weaknesses
9.4 Opportunities
9.5 Threats
10 Value Chain Analysis
11 Porter’s Five Forces Analysis
11.1 Overview
11.2 Buyer’s Power
11.3 Supplier’s Power
11.4 New Entrants
11.5 Degree of Rivalry
11.6 Substitutes
12 Price Analysis13 Government Regulations14 Strategic Recommendations
15 Key Players & Company Profile Analysis
15.1 Market Structure
15.2 Key Players - Share
15.3 Profiles of Key Players
15.3.1 Hero MotoCorp Ltd.
15.3.2 Honda Motorcycle and Scooter India Pvt. Ltd
15.3.3 TVS Motor Company Limited
15.3.4 Bajaj Auto Ltd.
15.3.5 Royal Enfield Ltd. India
15.3.6 Suzuki Motorcycle India Pvt. Ltd.
15.3.7 Yamaha Motor India Pvt. Ltd.
15.3.8 Triumph Motorcycles (India) Private Limited
15.3.9 BMW India Private Limited
15.3.10 Ducati India Private Limited
15.3.11 Ather Energy Pvt. Ltd.
15.3.12 Revolt Motors
15.3.13 Lohia Auto Industries
15.3.14 Okinawa Autotech Pvt. Ltd
15.3.15 Ola Electric Mobility Pvt Ltd
List of Figures
Figure 1: India: Two Wheeler Market: Major Drivers and Challenges
Figure 2: India: Two Wheeler Market: Sales Volume (in Million Units), 2016-2021
Figure 3: India: Two Wheeler Market Forecast: Sales Volume (in Million Units), 2022-2027
Figure 4: India: Two Wheeler Market: Breakup by Vehicle Type (in %), 2021
Figure 5: India: Two Wheeler Market: Breakup by Engine Capacity (in %), 2021
Figure 6: India: Two Wheeler Market: Breakup by Region (in %), 2021
Figure 7: India: Two Wheeler (Motorcycle) Market: Sales Volume (in Million Units), 2016 & 2021
Figure 8: India: Two Wheeler (Motorcycle) Market: Breakup by Engine Capacity (in Million Units), 2016 & 2021
Figure 9: India: Two Wheeler (Motorcycle) Market Forecast: Breakup by Engine Capacity (in Million Units), 2022-2027
Figure 10: India: Two Wheeler (Motorcycle) Market: Breakup by Key Players (in %), 2021
Figure 11: India: Two Wheeler (Motorcycle) Market Forecast: Sales Volume (in Million Units), 2022-2027
Figure 12: India: Two Wheeler (Scooter) Market: Sales Volume (in Million Units), 2016 & 2021
Figure 13: India: Two Wheeler (Scooter) Market: Breakup by Engine Capacity (in Million Units), 2016 & 2021
Figure 14: India: Two Wheeler (Scooter) Market Forecast: Breakup by Engine Capacity (in Million Units), 2022-2027
Figure 15: India: Two Wheeler (Scooter) Market: Breakup by Key Players (in %), 2021
Figure 16: India: Two Wheeler (Scooter) Market Forecast: Sales Volume (in Million Units), 2022-2027
Figure 17: India: Two Wheeler (Moped) Market: Sales Volume (in Million Units), 2016 & 2021
Figure 18: India: Two Wheeler (Moped) Market Forecast: Sales Volume (in Million Units), 2022-2027
Figure 19: India: Two Wheeler (Electric Two Wheeler) Market: Sales Volume (in Million Units), 2016 & 2021
Figure 20: India: Two Wheeler (Electric Two Wheeler) Market Forecast: Sales Volume (in Million Units), 2022-2027
Figure 21: India: Electric Two Wheeler Market: Breakup by Vehicle Type (in %), 2021
Figure 22: India: Electric Two Wheeler (Motorcycle) Market: Sales Volume (in Million Units), 2016 & 2021
Figure 23: India: Electric Two Wheeler (Motorcycle) Market Forecast: Sales Volume (in Million Units), 2022-2027
Figure 24: India: Electric Two Wheeler (Scooter) Market: Sales Volume (in Million Units), 2016 & 2021
Figure 25: India: Electric Two Wheeler (Scooter) Market Forecast: Sales Volume (in Million Units), 2022-2027
Figure 26: India: Electric Two Wheeler Market: Breakup by Battery Type (in %), 2021
Figure 27: India: Electric Two Wheeler (Lithium Ion) Market: Sales Volume (in Million Units), 2016 & 2021
Figure 28: India: Electric Two Wheeler (Lithium Ion) Market Forecast: Sales Volume (in Million Units), 2022-2027
Figure 29: India: Electric Two Wheeler (Lead Acid) Market: Sales Volume (in Million Units), 2016 & 2021
Figure 30: India: Electric Two Wheeler (Lead Acid) Market Forecast: Sales Volume (in Million Units), 2022-2027
Figure 31: India: Electric Two Wheeler Market: Breakup by Voltage (in %), 2021
Figure 32: India: Electric Two Wheeler (< 36 V) Market: Sales Volume (in Million Units), 2016 & 2021
Figure 33: India: Electric Two Wheeler (< 36 V) Market Forecast: Sales Volume (in Million Units), 2022-2027
Figure 34: India: Electric Two Wheeler (48 V) Market: Sales Volume (in Million Units), 2016 & 2021
Figure 35: India: Electric Two Wheeler (48 V) Market Forecast: Sales Volume (in Million Units), 2022-2027
Figure 36: India: Electric Two Wheeler (60 V) Market: Sales Volume (in Million Units), 2016 & 2021
Figure 37: India: Electric Two Wheeler (60 V) Market Forecast: Sales Volume (in Million Units), 2022-2027
Figure 38: India: Electric Two Wheeler (72 V) Market: Sales Volume (in Million Units), 2016 & 2021
Figure 39: India: Electric Two Wheeler (72 V) Market Forecast: Sales Volume (in Million Units), 2022-2027
Figure 40: India: Electric Two Wheeler Market: Breakup by Key Players (in %), 2021
Figure 41: India: Two Wheeler (< 100cc) Market: Sales Volume (in Million Units), 2016 & 2021
Figure 42: India: Two Wheeler (< 100cc) Market Forecast: Sales Volume (in Million Units), 2022-2027
Figure 43: India: Two Wheeler (100-125cc) Market: Sales Volume (in Million Units), 2016 & 2021
Figure 44: India: Two Wheeler (100-125cc) Market Forecast: Sales Volume (in Million Units), 2022-2027
Figure 45: India: Two Wheeler (126-180cc) Market: Sales Volume (in Million Units), 2016 & 2021
Figure 46: India: Two Wheeler (126-180cc) Market Forecast: Sales Volume (in Million Units), 2022-2027
Figure 47: India: Two Wheeler (181-250cc) Market: Sales Volume (in Million Units), 2016 & 2021
Figure 48: India: Two Wheeler (181-250cc) Market Forecast: Sales Volume (in Million Units), 2022-2027
Figure 49: India: Two Wheeler (251-500cc) Market: Sales Volume (in Million Units), 2016 & 2021
Figure 50: India: Two Wheeler (251-500cc) Market Forecast: Sales Volume (in Million Units), 2022-2027
Figure 51: India: Two Wheeler (501-800cc) Market: Sales Volume (in Million Units), 2016 & 2021
Figure 52: India: Two Wheeler (501-800cc) Market Forecast: Sales Volume (in Million Units), 2022-2027
Figure 53: India: Two Wheeler (801-1600cc) Market: Sales Volume (in Million Units), 2016 & 2021
Figure 54: India: Two Wheeler (801-1600cc) Market Forecast: Sales Volume (in Million Units), 2022-2027
Figure 55: India: Two Wheeler (>1600cc) Market: Sales Volume (in Million Units), 2016 & 2021
Figure 56: India: Two Wheeler (>1600cc) Market Forecast: Sales Volume (in Million Units), 2022-2027
Figure 57: North India: Two Wheeler Market: Sales Volume (in Million Units), 2016 & 2021
Figure 58: North India: Two Wheeler Market: Breakup by Top 5 Cities (in %), 2021
Figure 59: North India: Two Wheeler Market Forecast: Sales Volume (in Million Units), 2022-2027
Figure 60: West and Central India: Two Wheeler Market: Sales Volume (in Million Units), 2016 & 2021
Figure 61: West and Central India: Two Wheeler Market: Breakup by Top 5 Cities (in %), 2021
Figure 62: West and Central India: Two Wheeler Market Forecast: Sales Volume (in Million Units), 2022-2027
Figure 63: South India: Two Wheeler Market: Sales Volume (in Million Units), 2016 & 2021
Figure 64: South India: Two Wheeler Market: Breakup by Top 5 Cities (in %), 2021
Figure 65: South India: Two Wheeler Market Forecast: Sales Volume (in Million Units), 2022-2027
Figure 66: East India: Two Wheeler Market: Sales Volume (in Million Units), 2016 & 2021
Figure 67: East India: Two Wheeler Market: Breakup by Top 5 Cities (in %), 2021
Figure 68: East India: Two Wheeler Market Forecast: Sales Volume (in Million Units), 2022-2027
Figure 69: India: Two Wheeler Industry: SWOT Analysis
Figure 70: India: Two Wheeler Industry: Value Chain Analysis
Figure 71: India: Two Wheeler Industry: Porter’s Five Forces Analysis
List of Tables
Table 1: India: Two Wheeler Market: Key Industry Highlights, 2021 and 2027
Table 2: India: Two Wheeler Market Forecast: Breakup by Vehicle Type (in Million Units), 2022-2027
Table 3: India: Two Wheeler Market Forecast: Breakup by Engine Capacity (in Million Units), 2022-2027
Table 4: India: Two Wheeler Market Forecast: Breakup by Region (in Million Units), 2022-2027
Table 5: India: Two Wheeler Market: Competitive Structure
Table 6: India: Two Wheeler Market: Key Players

Companies Mentioned

  • Hero MotoCorp Ltd.
  • Honda Motorcycle
  • Scooter India Pvt. Ltd
  • TVS Motor Company Limited
  • Bajaj Auto Ltd.
  • Royal Enfield Ltd. India
  • Suzuki Motorcycle India Pvt. Ltd.
  • Yamaha Motor India Pvt. Ltd.
  • Triumph Motorcycles (India) Private Limited
  • BMW India Private Limited
  • Ducati India Private Limited
  • Ather Energy Pvt. Ltd.
  • Revolt Motors
  • Lohia Auto Industries
  • Okinawa Autotech Pvt. Ltd
  • Ola Electric Mobility Pvt Ltd.

Methodology

Loading
LOADING...