India Motorcycles Market Summary, Competitive Analysis, and Forecast, 2017-2026
Summary
Motorcycles in India industry profile provides top-line qualitative and quantitative summary information including: market size (value 2017-21, and forecast to 2026). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The motorcycles market consists of all classes of on- and off-road motorcycles including scooters and mopeds.
- The Indian motorcycles market had total revenues of $7.3 billion in 2021, representing a compound annual growth rate (CAGR) of 1.1% between 2016 and 2021.
- Market consumption volumes declined with a CAGR of -1.4% between 2016 and 2021, to reach a total of 15,120,800 units in 2021.
- The sale of scooters had historically grown at a greater pace than that of bigger motorcycles, but this has changed since 2018, with the sales of larger motorcycles outpacing those of scooters, driven by stronger demand from the rural population.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the motorcycles market in India
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the motorcycles market in India
- Leading company profiles reveal details of key motorcycles market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the India motorcycles market with five year forecasts
- What was the size of the India motorcycles market by value in 2021?
- What will be the size of the India motorcycles market in 2026?
- What factors are affecting the strength of competition in the India motorcycles market?
- How has the market performed over the last five years?
- What are the main segments that make up India's motorcycles market?
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Market volume
- 1.4. Market volume forecast
- 1.5. Category segmentation
- 1.6. Geography segmentation
- 1.7. Market share
- 1.8. Market rivalry
- 1.9. Competitive Landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 3.2. Market volume
- 4 Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 5 Market Outlook
- 5.1. Market value forecast
- 5.2. Market volume forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Market share
- 7.2. Who are the leading players?
- 7.3. What strategies do leading players follow?
- 8 Company Profiles
- 8.1. Hero MotoCorp Ltd
- 8.2. Honda Motor Co., Ltd.
- 8.3. Bajaj Auto Ltd
- 8.4. TVS Motor Co Ltd
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related MarketLine research
- 10.4. About MarketLine
- List of Tables
- Table 1: India motorcycles market value: $ million, 2016-21
- Table 2: India motorcycles market volume: thousand units, 2016-21
- Table 3: India motorcycles market category segmentation: % share, by volume, 2016-2021
- Table 4: India motorcycles market category segmentation: thousand units, 2016-2021
- Table 5: India motorcycles market geography segmentation: $ million, 2021
- Table 6: India motorcycles market value forecast: $ million, 2021-26
- Table 7: India motorcycles market volume forecast: thousand units, 2021-26
- Table 8: India motorcycles market share: % share, by volume, 2021
- Table 9: Hero MotoCorp Ltd: key facts
- Table 10: Hero MotoCorp Ltd: Annual Financial Ratios
- Table 11: Hero MotoCorp Ltd: Key Employees
- Table 12: Honda Motor Co., Ltd.: key facts
- Table 13: Honda Motor Co., Ltd.: Annual Financial Ratios
- Table 14: Honda Motor Co., Ltd.: Key Employees
- Table 15: Honda Motor Co., Ltd.: Key Employees Continued
- Table 16: Honda Motor Co., Ltd.: Key Employees Continued
- Table 17: Bajaj Auto Ltd: key facts
- Table 18: Bajaj Auto Ltd: Annual Financial Ratios
- Table 19: Bajaj Auto Ltd: Key Employees
- Table 20: TVS Motor Co Ltd: key facts
- Table 21: TVS Motor Co Ltd: Annual Financial Ratios
- Table 22: TVS Motor Co Ltd: Key Employees
- Table 23: India size of population (million), 2017-21
- Table 24: India gdp (constant 2005 prices, $ billion), 2017-21
- Table 25: India gdp (current prices, $ billion), 2017-21
- Table 26: India inflation, 2017-21
- Table 27: India consumer price index (absolute), 2017-21
- Table 28: India exchange rate, 2017-21
- List of Figures
- Figure 1: India motorcycles market value: $ million, 2016-21
- Figure 2: India motorcycles market volume: thousand units, 2016-21
- Figure 3: India motorcycles market category segmentation: thousand units, 2016-2021
- Figure 4: India motorcycles market geography segmentation: % share, by value, 2021
- Figure 5: India motorcycles market value forecast: $ million, 2021-26
- Figure 6: India motorcycles market volume forecast: thousand units, 2021-26
- Figure 7: Forces driving competition in the motorcycles market in India, 2021
- Figure 8: Drivers of buyer power in the motorcycles market in India, 2021
- Figure 9: Drivers of supplier power in the motorcycles market in India, 2021
- Figure 10: Factors influencing the likelihood of new entrants in the motorcycles market in India, 2021
- Figure 11: Factors influencing the threat of substitutes in the motorcycles market in India, 2021
- Figure 12: Drivers of degree of rivalry in the motorcycles market in India, 2021
- Figure 13: India motorcycles market share: % share, by volume, 2021
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