The latest report published by Report Ocean, titled “Two Wheeler Market ” Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2023 to 2031,” offers a comprehensive assessment of the industry, including valuable insights into market trends. The report encompasses competitor and regional analysis, as well as the latest developments in the market. It serves as an excellent resource for investors, researchers, consultants, marketing strategists, and anyone planning to enter the market in any capacity.
What is Two Wheeler Market growth?
The two wheeler industry in India has grown rapidly in the country since the announcement of the process of liberalization in 1991. The trend of owning two wheelers is due to a variety of facts peculiar to India. One of the chief factors is poor public transport in many parts of India. Additionally, two wheelers offer a great deal of convenience and mobility for the Indian family. According to latest analysis by Report ocean, the two wheeler market in India is projected to climb to USD 21,228 million by 2028-end, progressing at a CAGR of 5.2% during 2022-2028.
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The report provides in-depth analysis and insights regarding the current global market scenario, latest trends and drivers into two wheeler market in India. It offers an exclusive insight into various details such as market size, key trends, competitive landscape, growth rate and market segments. This study also provides an analysis of the impact of the COVID-19 crisis on the two wheeler industry.
This industry report offers market estimates and forecasts of the India market, followed by a detailed analysis of the power source, product, displacement, curb weight, and maxium engine power. The India market for two wheeler can be segmented by power source: electric two wheelers, internal combustion engine (ICE) two wheelers. In 2021, the ICE two wheelers segment made up the largest share of revenue generated by the two wheeler market. Two wheeler market is further segmented by product: moped, motorcycle, scooter. Based on displacement, the two wheeler market is segmented into: 75 cc – 110 cc, 110 cc – 125 cc, 125 cc – 150 cc, others. On the basis of curb weight, the two wheeler market also can be divided into: <= 100 kg, 100 – 125 kg, 125 – 150 kg, 150 – 200 kg. Two wheeler market by maxium engine power is categorized into: 2 – 4 kW, 4 – 6 kW, 6 – 8 kW, 8 – 10 kW, > 10 kW.
By power source:
electric two wheelers
internal combustion engine (ICE) two wheelers
By product:
moped
motorcycle
scooter
By displacement:
75 cc – 110 cc
110 cc – 125 cc
125 cc – 150 cc
others
By curb weight:
<= 100 kg
100 – 125 kg
125 – 150 kg
150 – 200 kg
By maxium engine power:
2 – 4 kW
4 – 6 kW
6 – 8 kW
8 – 10 kW
> 10 kW
The report explores the recent developments and profiles of key vendors in the Two Wheeler Market in India, including Bajaj Auto Limited, Harley-Davidson, Inc., Hero MotoCorp Limited, Honda Motor Co., Ltd., Kawasaki Motor Corporation, Mahindra Group, Okinawa Autotech Pvt. Ltd., Piaggio & C. SpA, Suzuki Motor Corporation, The Enfield Cycle Company Limited, Triumph Motorcycles Ltd., TVS Motor Company, Yamaha Corporation, among others.
Historical & Forecast Period
This research report provides analysis for each segment from 2018 to 2028 considering 2021 to be the base year.
Scope of the Report
To analyze and forecast the market size of the two wheeler market in India.
To classify and forecast the two wheeler market in India based on power source, product, displacement, curb weight, maxium engine power.
To identify drivers and challenges for the two wheeler market in India.
To examine competitive developments such as mergers & acquisitions, agreements, collaborations and partnerships, etc., in the two wheeler market in India.
To identify and analyze the profile of leading players operating in the two wheeler market in India.
Why Choose This Report
Gain a reliable outlook of the two wheeler market in India forecasts from 2022 to 2028 across scenarios.
Identify growth segments for investment.
Stay ahead of competitors through company profiles and market data.
The market estimate for ease of analysis across scenarios in Excel format.
Strategy consulting and research support for three months.
Print authentication provided for the single-user license.
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Some of the metrics this research service discusses are:
Market Size:
- This metric quantifies the total value or volume of a market, providing an understanding of the market’s scale and potential.
Market Growth Rate:
- This metric measures the rate at which the market is growing over a specific period.
- It helps assess the market’s attractiveness and potential for investment.
Market Share:
- Market share metrics indicate the portion or percentage of the market captured by a specific company or product.
- It provides insights into the competitive position of market players.
Customer Satisfaction:
- Customer satisfaction metrics assess the level of satisfaction or dissatisfaction among customers with a product, service, or brand.
- It helps gauge customer loyalty and identify areas for improvement.
Pricing Analysis:
- Pricing metrics analyze the pricing strategies used in the market.
- This includes metrics such as average prices, price differentials between products or competitors, and price elasticity.
Market Segmentation:
- Segmentation metrics involve dividing the market into distinct segments based on factors such as demographics, geography, behavior, or psychographics.
- This helps understand the varying needs and preferences of different customer groups.
Customer Acquisition Cost (CAC):
- CAC is a metric that calculates the cost of acquiring a new customer. It helps evaluate the efficiency of marketing and sales efforts.
Customer Lifetime Value (CLV):
- CLV measures the total value a customer generates over their entire relationship with a company. It helps assess the long-term profitability of customer relationships.
Return on Investment (ROI):
- ROI metrics evaluate the profitability and effectiveness of an investment or marketing campaign.
- It measures the return or gain generated relative to the cost of investment.
Competitive Analysis:
- Competitive analysis metrics assess the performance and strategies of competitors in the market.
- This includes metrics such as market share, revenue growth, product portfolio, and customer satisfaction.
Key Performance Indicators (KPIs):
- KPIs are specific metrics that measure the performance of a business or organization.
- They can include metrics such as sales growth, market penetration, customer retention rate, and profitability.
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