Motorcycles in India
Summary
Motorcycles in India industry profile provides top-line qualitative and quantitative summary information including: market size (value 2018-23, and forecast to 2028). 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 on- and off-road motorcycles including scooters and mopeds.
- The Indian motorcycles market had total revenues of $18,843.9 million in 2023, representing a compound annual growth rate (CAGR) of 2.3% between 2018 and 2023.
- Market consumption volumes declined with negative a CAGR of 4.7% between 2018 and 2023, to reach a total of 15,862.1 thousand units in 2023.
- India held a 24% stake in the Asia-Pacific motorcycles market share in 2023.
- Save time carrying out entry-level research by identifying the size, growth, 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 2023?
- What will be the size of the India motorcycles market in 2028?
- What factors are affecting the strength of competition in the India motorcycles market?
- How has the market performed over the last five years?
- How large is India’s motorcycles market in relation to its regional counterparts?
- 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 in the market?
- 7.3. What strategies do the leading players follow?
- 7.4. What are the strengths of the leading players?
- 7.5. Have there been any recent developments in the market?
- 8 Company Profiles
- 8.1. Bajaj Auto Ltd
- 8.2. Hero MotoCorp Ltd
- 8.3. 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, 2018-23
- Table 2: India motorcycles market volume: thousand units, 2018-23
- Table 3: India motorcycles market category segmentation: % share, by volume, 2018-2023
- Table 4: India motorcycles market category segmentation: thousand units, 2018-2023
- Table 5: India motorcycles market geography segmentation: $ million, 2023
- Table 6: India motorcycles market value forecast: $ million, 2023-28
- Table 7: India motorcycles market volume forecast: thousand units, 2023-28
- Table 8: India motorcycles market share: % share, by volume, 2023
- Table 9: Bajaj Auto Ltd: key facts
- Table 10: Bajaj Auto Ltd: Annual Financial Ratios
- Table 11: Bajaj Auto Ltd: Key Employees
- Table 12: Hero MotoCorp Ltd: key facts
- Table 13: Hero MotoCorp Ltd: Annual Financial Ratios
- Table 14: Hero MotoCorp Ltd: Key Employees
- Table 15: Honda Motor Co Ltd: key facts
- Table 16: TVS Motor Co Ltd: key facts
- Table 17: TVS Motor Co Ltd: Annual Financial Ratios
- Table 18: TVS Motor Co Ltd: Key Employees
- Table 19: India size of population (million), 2019-23
- Table 20: India gdp (constant 2005 prices, $ billion), 2019-23
- Table 21: India gdp (current prices, $ billion), 2019-23
- Table 22: India inflation, 2019-23
- Table 23: India consumer price index (absolute), 2019-23
- Table 24: India exchange rate, 2019-23
- List of Figures
- Figure 1: India motorcycles market value: $ million, 2018-23
- Figure 2: India motorcycles market volume: thousand units, 2018-23
- Figure 3: India motorcycles market category segmentation: thousand units, 2018-2023
- Figure 4: India motorcycles market geography segmentation: % share, by value, 2023
- Figure 5: India motorcycles market value forecast: $ million, 2023-28
- Figure 6: India motorcycles market volume forecast: thousand units, 2023-28
- Figure 7: Forces driving competition in the motorcycles market in India, 2023
- Figure 8: Drivers of buyer power in the motorcycles market in India, 2023
- Figure 9: Drivers of supplier power in the motorcycles market in India, 2023
- Figure 10: Factors influencing the likelihood of new entrants in the motorcycles market in India, 2023
- Figure 11: Factors influencing the threat of substitutes in the motorcycles market in India, 2023
- Figure 12: Drivers of degree of rivalry in the motorcycles market in India, 2023
- Figure 13: India motorcycles market share: % share, by volume, 2023
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