Global 2 Wheel Vehicle Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global 2 Wheel Vehicle Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

A two-wheeled vehicle is a two-wheeled vehicle. The two wheels can be arranged in series, one after the other, like a monorail vehicle.

Market Overview:

The latest research study on the global 2 Wheel Vehicle market finds that the global 2 Wheel Vehicle market reached a value of USD 83034.89 million in 2022. It’s expected that the market will achieve USD 92186.63 million by 2028, exhibiting a CAGR of 1.76% during the forecast period.

Opportunities

With the advancement of science and technology, more advanced production methods, the company's investment, there will be more cost-effective, higher performance products in the future.
For example, in China, India is developing its own industry. With the advancement of economy and technology and the increase in downstream demand, the 2 wheeler market has huge market potential, especially for high-end products.
The Shared Electric 2 Wheel Vehicle is a new means of transportation for the 3-10 km travel market. By scanning code to unlock, cycle sharing, and the popularity of smartphones, sharing electric 2 wheelers into people's lives, this is called the next stage of shared bike competition. The shared electric two-wheeled vehicle was developed in the Internet of Things technology and shared economic environment and is popular in China.

Region Overview:

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

Company Overview:

Honda Motor is one of the major players operating in the 2 Wheel Vehicle market, holding a share of 18.37% in 2019.

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, Powered 2 Wheel Vehicle segment is anticipated to contribute the largest market share in 2028.

Application Overview:

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

Key Companies in the global 2 Wheel Vehicle market covered in Chapter 3:

TVS Motor Company
Bajaj Auto Limited
Bayerische Motoren Werke (BMW) AG
Mahindra
Piaggio
Kawasaki Heavy Industries Motorcycle & Engine Company
Sanyang Industry
Honda Motor
Dongguan Tailing Electric Vehicle Co., Ltd.
Jiangsu Xinri E-Vehicle
AIMA Technology Co., Ltd
Yadea Technology Group
Li Ma Bicycle Industry Group Co., Ltd.
Zhejiang Luyuan Electric Vehicle
Suzuki Motor
Yamaha Motor
Hero MotoCorp
Harley-Davidson
Triumph Motorcycles
Ducati Motor Holding

In Chapter 4 and Chapter 14.2, on the basis of types, the 2 Wheel Vehicle market from 2018 to 2029 is primarily split into:

Powered 2 Wheel Vehicle
Electric 2 Wheel Vehicle

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the 2 Wheel Vehicle market from 2018 to 2029 covers:

Racing
Daily Commute
Off-road Use
Others

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)