Dublin, April 03, 2025 (GLOBE NEWSWIRE) — The “Two Wheeler Market by Vehicle Type (Motorcycles, Scooters), Engine Capacity (126cc – 250cc, 251cc – 500cc, Above 500cc), Energy Source, Price Range, Application – Global Forecast 2025-2030” report has been added to ResearchAndMarkets.com’s offering.
The Two Wheeler Market grew from USD 116.95 billion in 2024 to USD 123.81 billion in 2025. It is expected to continue growing at a CAGR of 5.94%, reaching USD 165.38 billion by 2030.
In the evolving terrain of the two wheeler market, transformative shifts are driving change on multiple fronts. Technological advancements and the integration of smart features have redefined what consumers expect from their rides. A growing emphasis on safety, connectivity, and fuel efficiency is reshaping product innovation, prompting manufacturers to rethink traditional design and engineering practices.
Parallel to these technological advances, the sector is also undergoing a strategic transformation driven by the rise of eco-friendly vehicles. Regulatory pressure and consumer demand for sustainable mobility have accelerated the development of electric and hybrid models. This shift has disrupted established practices and intensified competition, pushing companies to invest heavily in research and development while reimagining existing product lines.
Changing consumer lifestyles and the global urbanization trend have also fueled these shifts. Modern customers seek flexibility, affordability, and an experience that is seamlessly integrated with digital technology. As the market adapts, stakeholders are readdressing distribution strategies and digital engagement models, ensuring that product innovation aligns with evolving consumer expectations. The transformation is not only altering the product landscape but also influencing structural changes across the industry, from supply chains to marketing strategies, setting the stage for a new era in two wheeler mobility.
Regional Dynamics Impacting the Two Wheeler Market
The geographic segmentation within the two wheeler market offers a comprehensive view of regional opportunities and challenges. In the Americas, urban mobility demands align closely with legislative incentives aimed at reducing carbon emissions, fostering a favorable environment for both conventional and electric two wheeler models. Market characteristics in this region are strongly influenced by consumer trends, urbanization rates, and economic stability, making it a critical area for investment.
A similar transformative momentum can be observed in Europe, the Middle East, and Africa, where diverse cultural and regulatory landscapes create unique challenges and prospects. Here, stringent environmental policies, combined with a drive towards modernizing public and personal transportation, create a fertile ground for innovation; manufacturers are compelled to sync product development with evolving regulatory frameworks and environmental imperatives. In these regions, the balancing act between tradition and modernity sparks new product offerings and customized market approaches.
Asia-Pacific, the largest and perhaps most dynamic market, continues to see significant expansion driven by rapid urbanization, rising disposable incomes, and shifting consumer behavior. The demand for efficient, affordable, and technologically advanced two wheelers is at an all-time high, propelling this region to the forefront of global market growth. In each of these regions, localized consumer preferences coupled with targeted government policies accentuate the necessity for a nuanced regional strategy to effectively capture market share.
Industry Leaders Shaping the Future
The competitive landscape in the two wheeler market is characterized by a diverse array of companies that have each carved their niche through innovative design, strategic marketing, and superior engineering. The market features a blend of longstanding traditional manufacturers and agile, disruptive entrants who are redefining market standards.
Notable players include ARCH Motorcycle Company LLC, Ather Energy Limited, Bajaj Auto Limited, BMW Group, Boss Hoss Cycles, Inc., Ducati Motor Holding S.p.A. by Audi AG, Harley-Davidson, Inc., Hero MotoCorp Limited, Honda Motor Co., Ltd., Indian Motorcycle International, LLC by Indian Motorcycle International, LLC, JAWA Moto spol s r. o., Jiangmen Dachangjiang Group Co., Ltd., Kawasaki Heavy Industries, Ltd., Kwang Yang Motor Co., Ltd., Mahindra & Mahindra Limited, Niu International, Ola Electric Mobility Limited, Piaggio Group, Pierer Mobility AG, Qianjiang Motorcycle Co., Ltd., Royal Enfield by Eicher Motors Limited, Sanyang Motor Co., Ltd., Suzuki Motor Corporation, Triumph Motorcycles Limited, TVS Motor Company Limited, Wardwizard Innovations & Mobility Limited, Yadea Group Holdings Ltd., Yamaha Motor Co., Ltd., and Zero Motorcycles, Inc.
Each of these companies not only brings a unique technological prowess to the market but also contributes to the competitive environment by addressing distinct consumer demands. Their strategic initiatives, ranging from the development of high-performance engines to exploring electric and hybrid powertrains, underscore the multifaceted approach required to thrive in an ever-evolving industry. The dynamic interplay between legacy craftsmanship and cutting-edge innovation is not only reshaping product portfolios but also influencing strategic collaborations and mergers that further consolidate market presence. By continuously adapting to market trends and leveraging technological advancements, these companies set benchmarks for quality, performance, and sustainability, leading the charge in a transformative era of two wheeler evolution.
The report delves into recent significant developments in the Two Wheeler Market, highlighting leading vendors and their innovative profiles. These include:
- ARCH Motorcycle Company LLC
- Ather Energy Limited
- Bajaj Auto Limited
- BMW Group
- Boss Hoss Cycles, Inc.
- Ducati Motor Holding S.p.A. by Audi AG
- Harley-Davidson, Inc.
- Hero MotoCorp Limited
- Honda Motor Co., Ltd.
- Indian Motorcycle International, LLC by Indian Motorcycle International, LLC
- JAWA Moto spol s r. o.
- Jiangmen Dachangjiang Group Co., Ltd.
- Kawasaki Heavy Industries, Ltd.
- Kwang Yang Motor Co., Ltd.
- Mahindra & Mahindra Limited
- Niu International
- Ola Electric Mobility Limited
- Piaggio Group
- Pierer Mobility AG
- Qianjiang Motorcycle Co., Ltd.
- Royal Enfield by Eicher Motors Limited
- Sanyang Motor Co., Ltd.
- Suzuki Motor Corporation
- Triumph Motorcycles Limited
- TVS Motor Company Limited
- Wardwizard Innovations & Mobility Limited
- Yadea Group Holdings Ltd.
- Yamaha Motor Co., Ltd.
- Zero Motorcycles, Inc.
Actionable Recommendations for Industry Leaders
Industry leaders are encouraged to embrace a multi-pronged strategy that not only addresses current market demands but also anticipates future shifts. Firstly, focusing on research and development is paramount. By investing in emerging technologies, particularly in electric and hybrid powertrains, companies can stay ahead in a competitive landscape. Next, it is advisable to optimize product portfolios according to detailed segmentation insights; aligning offerings based on vehicle type, engine capacity, energy source, price range, and application ensures targeted market penetration.
Cooperation with policymakers is also essential. As regulatory frameworks evolve, proactive engagement can help in shaping favorable policies that encourage sustainable practices while ensuring a seamless transition to greener technologies. Moreover, investing in digital transformation and enhancing aftersales service models will bolster customer engagement and loyalty. Strategic partnerships, especially those that foster innovation in smart mobility solutions, can provide the much-needed edge in differentiating product offerings. Finally, staying attuned to global and regional market trends through ongoing market research allows for agile and informed decision-making, ultimately driving long-term growth and profitability.
Key Attributes
| Report Attribute | Details |
| No. of Pages | 186 |
| Forecast Period | 2025 – 2030 |
| Estimated Market Value (USD) in 2025 | $123.81 Billion |
| Forecasted Market Value (USD) by 2030 | $165.38 Billion |
| Compound Annual Growth Rate | 5.9% |
| Regions Covered | Global |
Key Topics Covered
1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Rising demand for budget-friendly vehicles with minimum maintenance
5.1.1.2. Increasing urbanization with preference for two-wheeler to navigate traffic congestion efficiently
5.1.2. Restraints
5.1.2.1. Safety concerns associated with two wheelers
5.1.3. Opportunities
5.1.3.1. Rising incorporation of smart technologies in electric two-wheeler
5.1.3.2. Surging investments and funding for increasing the production of two wheelers
5.1.4. Challenges
5.1.4.1. Infrastructure limitations and availability of alternatives for two-wheelers
5.2. Market Segmentation Analysis
5.2.1. Vehicle Type: Growing utilization of motorcycles for their ability to navigate various terrains
5.2.2. Engine Capacity: Increasing utilization of two wheelers with 251cc – 500cc engine capacity for long-distance touring and off-road adventures
5.2.3. Energy Source: Rising adoption of electric two wheelers owing to the rapid enhancement of battery technology
5.2.4. Price Range: Increasing consumer preferences for premium two-wheelers owing to their advanced design and superior engineering
5.2.5. Application: Expanding applications of two wheelers for commercial use by courier and food delivery platforms
5.3. Porter’s Five Forces Analysis
5.3.1. Threat of New Entrants
5.3.2. Threat of Substitutes
5.3.3. Bargaining Power of Customers
5.3.4. Bargaining Power of Suppliers
5.3.5. Industry Rivalry
5.4. PESTLE Analysis
5.4.1. Political
5.4.2. Economic
5.4.3. Social
5.4.4. Technological
5.4.5. Legal
5.4.6. Environmental
6. Two Wheeler Market, by Vehicle Type
6.1. Introduction
6.2. Motorcycles
6.3. Scooters
7. Two Wheeler Market, by Engine Capacity
7.1. Introduction
7.2. 126cc – 250cc
7.3. 251cc – 500cc
7.4. Above 500cc
7.5. Up To 125cc
8. Two Wheeler Market, by Energy Source
8.1. Introduction
8.2. Electric
8.3. Gasoline
8.4. Hybrid
9. Two Wheeler Market, by Price Range
9.1. Introduction
9.2. Budget
9.3. Mid-Range
9.4. Premium
10. Two Wheeler Market, by Application
10.1. Introduction
10.2. Commercial Use
10.2.1. Courier Services
10.2.2. Delivery Services
10.2.3. Rental Services
10.3. Personal Use
10.4. Racing
11. Americas Two Wheeler Market
11.1. Introduction
11.2. Argentina
11.3. Brazil
11.4. Canada
11.5. Mexico
11.6. United States
12. Asia-Pacific Two Wheeler Market
12.1. Introduction
12.2. Australia
12.3. China
12.4. India
12.5. Indonesia
12.6. Japan
12.7. Malaysia
12.8. Philippines
12.9. Singapore
12.10. South Korea
12.11. Taiwan
12.12. Thailand
12.13. Vietnam
13. Europe, Middle East & Africa Two Wheeler Market
13.1. Introduction
13.2. Denmark
13.3. Egypt
13.4. Finland
13.5. France
13.6. Germany
13.7. Israel
13.8. Italy
13.9. Netherlands
13.10. Nigeria
13.11. Norway
13.12. Poland
13.13. Qatar
13.14. Russia
13.15. Saudi Arabia
13.16. South Africa
13.17. Spain
13.18. Sweden
13.19. Switzerland
13.20. Turkey
13.21. United Arab Emirates
13.22. United Kingdom
14. Competitive Landscape
14.1. Market Share Analysis, 2024
14.2. FPNV Positioning Matrix, 2024
14.3. Competitive Scenario Analysis
14.3.1. JRG Automotive Industries acquires SEFI’s two-wheeler plastics division to expand production capabilities
14.3.2. BGauss secures INR 161 crore from Bharat Value Fund to increase domestic and global expansion
14.3.3. Hero MotoCorp expands its collaboration with Harley-Davidson by introducing innovative new trims and co-branded motorcycles
14.3.4. TVS Motor’s strategic acquisition of an additional 39.11% stake in DriveX reinforces its commitment to market consolidation
14.3.5. TVS accelerates electric two-wheeler expansion with upcoming affordable models for diverse segments
14.3.6. HMSI’s CB300F launches a sustainable ride revolution with flex-fuel technology and eco innovation
14.3.7. Hitachi Astemo unveils cutting-edge ADAS and EV technologies at EICMA 2024 prioritizing safety and sustainability
14.3.8. BYD to make electric two-wheelers with a patent of its upcoming scooter
14.3.9. Triumph unveiled Speed 400 with strategic growth in the premium motorcycle market
14.3.10. Honda Motorcycle is launching its first electric scooter in India
14.3.11. Hero MotoCorp accelerates global EV market position through strategic partnerships and affordable model expansion
14.3.12. Bajaj unveils its first CNG two-wheeler, ‘Freedom’
14.3.13. Mahindra & Mahindra consolidates heavy engines, two-wheelers, and TRRINGO operations
14.3.14. Hero MotoCorp and Harley Davidson expand partnership to bring more premium motorcycles to India, challenging Royal Enfield’s market dominance
14.3.15. MBP Moto acquires Morbidelli brand to enhance motorcycle excellence
14.4. Strategy Analysis & Recommendations
14.4.1. Piaggio Group
14.4.2. Hero MotoCorp Limited
14.4.3. Honda Motor Co., Ltd.
14.4.4. Suzuki Motor Corporation
For more information about this report visit https://www.researchandmarkets.com/r/gzs1br
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