Global Powered Two Wheelers Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Powered Two Wheelers Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Powered two-wheelers are powered by thermic or electric used for driving of one or more electric motors. Powered two-wheelers have lower operating costs compared to the conventional ICE vehicles with performance alike. Also, these vehicles also help in saving costs related to fuel, spark plug change, and oil filter replacements coupled with their minimalistic design characteristics have resulted in low maintenance costs.

Market Overview:

The latest research study on the global Powered Two Wheelers market finds that the global Powered Two Wheelers market reached a value of USD 79120.0 million in 2022. It’s expected that the market will achieve USD 79827.0 million by 2028, exhibiting a CAGR of 0.15% during the forecast period.

Opportunities

Improve performance
With the progress in science and technology, more advanced production methods, investment of companies, there will be more cost effective, high performance product in the future.

Emerging countries

For example, China, India are developing their industries, with the progress of economy and technology, the increase demand of downstream, the market of Powered Two Wheelers has great market potential, especially high-end product.

Region Overview:

From 2023-2028, India is estimated to witness robust growth prospects.

Company Overview:

The top three companies are Honda Motor, Yamaha Motor, Hero MotoCorp with the revenue market share of 32.66%, 11.95%, 5.58% in 2018.

Honda Motor Company, Ltd. is a Japanese public multinational conglomerate corporation primarily known as a manufacturer of automobiles, aircraft, motorcycles, and power equipment.

Yamaha Motor Co., Ltd., together with its subsidiaries, develops, produces, and sells motorcycles, marine products, power products, and industrial machinery and robots, and other products in Japan, North America, Europe, other Asian countries, and internationally. It offers commuter vehicles; recreational vehicles comprising all-terrain vehicles, off-highway vehicles, and snowmobiles; and cruising, fishing, and wakeboard towing boats. The company also provides marine engines comprises outboard motors; personal watercrafts; electrically power assisted bicycles; automobile engines; unmanned helicopters; and golf and land cars.

Segmentation Overview:

Among different product types, High powered (125~1000 cc) segment is anticipated to contribute the largest market share in 2028.

Application Overview:

By application, the Individual segment occupied the biggest share from 2018 to 2022.

Key Companies in the global Powered Two Wheelers market covered in Chapter 3:

Yadea Technology Group
Suzuki Motor
Yamaha Motor
Hero MotoCorp
Ducati Motor Holding
Jiangsu Xinri E-Vehicle
Mahindra
Sanyang Industry
Bajaj Auto Limited
Triumph Motorcycles
TVS Motor Company
KTM
Zhejiang Luyuan Electric Vehicle
Bayerische Motoren Werke (BMW) AG
Honda Motor
Piaggio
Bodo Electric Vehicle Group
NIU
Kawasaki Heavy Industries Motorcycle & Engine Company
Harley-Davidson

In Chapter 4 and Chapter 14.2, on the basis of types, the Powered Two Wheelers market from 2018 to 2029 is primarily split into:

Mopeds (below 50 cc)
Low powered (50~125 cc)
High powered (125~1000 cc)
Luxury (above 1000 cc)

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Powered Two Wheelers market from 2018 to 2029 covers:

Commercial
Individual

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)