APAC Region Holds 80% of Global 2 Wheeler Market Share
According to Goldstein Research, global 2 wheeler market size is expected to reach USD 154.3 billion by the end of 2024 from USD 90.1 billion in 2016, growing at a CAGR of 6.9%.
The growing middle-income class population, urbanization of a region and traveling convenience are driving the growth of 2 wheeler market. Global Two wheelers market segmentation has been done on the basis of vehicle type, fuel type, and geography.
With the growing per capita income, growth in sales of two-wheelers has been recorded. The electric fuel type of two-wheelers is expected to acquire largest market share over the forecast period.
Global 2 wheeler market is dominated by Asia-Pacific that accounts for 80% of the global two wheelers sales. Motorcycles account for largest sales in China and India.
APAC is closely followed by Europe and the Middle East and Africa (EMEA) accounted for 12% 2 wheeler market share in 2016. North America two-wheelers market share experienced a downfall, but since 2014 growth in sales of two-wheelers is witnessed.
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Market Segmentation
On the basis of our in-depth analysis, Global Two Wheelers industry can be segmented as follows:
By Vehicle Type
- Motorcycles Market Analysis, 2016-2024
- Scooters Market Analysis, 2016-2024
- Mopeds Market Analysis, 2016-2024
By Fuel Type
- Gasoline
- Electric
By Region
- North America Two Wheelers Market Analysis, 2016-2024
- Europe Two Wheelers Market Analysis, 2016-2024
- The Middle East And Africa Two Wheelers Market Analysis, 2016-2024
- Latin America Two Wheelers Market Analysis, 2016-2024
- Asia Pacific Two Wheelers Market Analysis, 2016-2024
- Rest Of The World Two Wheelers Market Analysis, 2016-2024
"Global Two Wheelers Industry Analysis 2024" contains a detailed overview of the global two-wheelers market. On the basis of our in-depth analysis, the market can be segmented in terms of market segmentation by vehicle type, fuel type and geography.
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The Global Two Wheelers Industry Report highlights the competitive outlook of major global players that includes the business strategies, product portfolio, revenue distribution, financial analysis, R&D activities and investments. The in-depth analysis of two-wheelers market report will help the clients to assess their business strategies as per the competitive environment in the market space.
Global 2 wheeler market is expected to reach USD 154.3 billion by the end of 2024 from USD 90.1 billion in 2016
Major players of the global two-wheelers market discussed in the report are: Honda Motor Co. Ltd., Yamaha Motor Company Limited, Kawasaki Heavy Industries Motorcycle & Engine Company, Ducati Motor Holding S.p.A., Hero Motocorp Ltd., TVS Motor Company, Bajaj Auto Limited, Suzuki Motor Corporation, Harley-Davidson, Inc, BMW AG, Aprilia, Triumph Motorcycles Ltd, KTM AG, Piaggio& C.
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Further, Global 2 Wheeler Market Report encompasses the major trends & growth opportunities, market dynamics, and other growth factors. The Two Wheelers Market outlook also comprises of key challenges for the market players, risk analysis, SWOT Analysis, BPS analysis and Market Attractiveness.
The report also includes the expert analysis which provides a complete overview of the market post analysis of the economic, political, environmental & social factors of each region and country.
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