Two-wheelers refer to vehicles such as motorcycles, mopeds, scooters, bicycles, etc. These vehicles can be manual or run-on fuel- and electric-based motors. Two-wheelers offer several benefits over three or four-wheeled vehicles, including easy maneuverability, lower carbon emissions, cost-effectiveness, higher fuel efficiency, etc. They also reduce the dependency on public transit systems and cut down on travel time.

India Two Wheeler Market Trends:

The growing levels of urbanization and rising disposable incomes of the consumers are primarily driving the demand for two-wheelers in India. Furthermore, the escalating number of female drivers is also augmenting the sales of two-wheelers. Additionally, the increasing environmental concerns towards the high vehicular pollution from heavy-duty automobiles are further propelling the market for two-wheelers. Moreover, in recent years, the emergence of hybrid and electric two-wheelers to reduce carbon emissions is also providing a thrust to the market growth. Besides this, the expanding tourism industry is leading to an increase in two-wheeler rentals, thereby catalyzing the product demand in the country. In the coming years, the emergence of several advanced technologies, such as anti-braking systems, Ride-by-Wire, traction control/wheelie control, etc., will continue to drive the market for two-wheelers in India.

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India Two Wheeler Market 2021-2026 Analysis and Segmentation:

Competitive Landscape:

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.

The report has segmented the market on the basis on region, disc type, material type and end user.

Breakup by Vehicle Type:

• Motorcycle

• Scooter

• Moped

• Electric Two Wheeler

Breakup by Engine Capacity:

• 1600cc

Breakup by Region:

• North India

• East India

• West and Central India

• South India

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