Future Two Wheeler Market: Key Dynamics, Size & Share Analysis
The Global Two-Wheeler Market size was valued at around USD 265 billion in 2024 and is projected to reach USD 361.67 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 5.32% during the forecast period, i.e., 2025-30.
With comprehensive past adoption in racing, cruising, and sports-related activities, Two-Wheeler vehicles, especially motorcycles that either run with the ignition of conventional gasoline or are powered by electricity, have found grounds over the years. Moreover, customers displayed an increasing interest in such vehicles, citing contamination risk while traveling through public transportation. Given this, most economies registered an inflated increase in two-wheelers sales. For instance, North America and Europe recorded motorcycle and moped sales growth.
Top Market Challenges Impacting the Two Wheeler Market Growth
High Safety Measures and Convenience in Four-Wheeler – The populace’s preference for adapting four-wheelers such as sedans, SUVs, and other cars from mopeds and motorcycles is intensifying as they provide more comfort, safety, and convenience. Four-wheelers are produced with various safety mechanisms such as airbags, seat belts, and other safety equipment, which alarm and ensure driver’s and passenger’s protection. On the contrary, motorcycles and mopeds have low protective features and minimal inbuilt safety mechanisms for riders. Therefore, rising demand for safety measures is anticipated to restrain the market during the forecast period.
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Understanding the Core Segments in the Two Wheeler Market
Two Wheeler Market Size, Share & Industry Trends Analysis- By Type of Fuel (Gasoline, Petrol, Diesel, LPG/CNG, Battery), By Vehicle Type (Moped, Scooter, Motorcycle), By Application (Personal Use, Commercial Use), By Type of Engine Capacity (Up to 125 cc, 126 to 250 cc, 251 to 500 cc, Above 500 cc), By Region (North America, South America, Europe, Middle East & Africa, Asia-Pacific), By Company, (Hero Moto Corp., Yamaha Motor Co., Ltd., Harley Davidson, TVS Motors, BMW Motorrad, Piaggio & C.S. p.A, Bajaj Auto Ltd., Kawasaki Heavy Industries, Ltd, Suzuki Motor Corporation, Honda Motor Co., Ltd.), and others.
Geographical Analysis of the Two Wheeler Market
By Region
- North America
- South America
- Europe
- Middle East & Africa
- Asia-Pacific.
Who Dominates the Two Wheeler Market Insights on Key Industry Players?
Companies are strengthening their presence in the Two Wheeler market by adopting strategies such as forming strategic alliances, leveraging AI, entering partnerships, pursuing mergers and acquisitions, expanding into new regions, and introducing innovative products and services.
- Hero Moto Corp.
- Yamaha Motor Co., Ltd.
- Harley Davidson
- TVS Motors
- BMW Motorrad
- Piaggio & C.S. p.A
- Bajaj Auto Ltd.
- Kawasaki Heavy Industries, Ltd
- Suzuki Motor Corporation
- Honda Motor Co., Ltd.
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