China Two Wheeler Market - Size, Share, COVID-19 Impact & Forecasts up to 2028

China Two Wheeler Market - Size, Share, COVID-19 Impact & Forecasts up to 2028

The China Two Wheeler Market is projected to register a CAGR of 1.58%

Key Highlights

• Largest Segment by Fuel type - : The increased requirements such as on-demand delivery, last-mile delivery, location tracking, and hyperlocal delivery, and the rise of online commerce have ushered in a paradigm shift in logistics and transportation methods which were the driving factors for the ICE market.
• Fastest Segment by Fuel type - : A number of domestic companies are introducing their first electric two-wheeler models with alluring characteristics to attract buyers. During the projection period in 2028, the market for electric two-wheelers is anticipated to increase by XX percent as a result of these innovative motorbike designs and technological advancements.
• Largest Segment by Vehicle Type - Commercial Vehicles : The rise in shared micro-mobility services is leading to the deployment of motorcycles in various cities. The affordable price structure and app-based operations like are attracting more customers every day, thus driving the demand for motorcycles.
• Largest Battery Type - : The lithium-ion battery segment of the electric scooter and motorcycles market accounted for USD XX million in 2021, and it is expected to reach USD YY million by 2028, projecting a CAGR of X% during the forecast period. The introduction of the battery management system is expected to ensure the longevity of lithium-ion batteries by monitoring performance and faults.

Competitive Landscape

The China Two Wheeler Market is moderately consolidated, with the top five companies occupying 55.61%. The major players in this market are AIMA Technology Co., Ltd, Chongqing Yinxiang Motorcycle (Group) Co., Ltd., Sundiro Honda Motorcycle Co., Ltd., Yadea Group Holdings Ltd. and Zhejiang Luyuan Electric Vehicle (sorted alphabetically).

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support

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