Sign Up

Captcha Click on image to update the captcha.

Have an account? Sign In Now

Sign In

Forgot Password?

Don't have account, Sign Up Here

Forgot Password

Lost your password? Please enter your email address. You will receive a link and will create a new password via email.

Have an account? Sign In Now

You must login to ask a question.

Forgot Password?

Need An Account, Sign Up Here

You must login to add post.

Forgot Password?

Need An Account, Sign Up Here

Please briefly explain why you feel this question should be reported.

Please briefly explain why you feel this answer should be reported.

Please briefly explain why you feel this user should be reported.

Sign InSign Up

Find Authority

Find Authority Logo Find Authority Logo

Find Authority Navigation

  • Home

Mobile menu

Close
Ask a Question
  • Home
  • Recent Questions
  • Topics
  • Home
Home/Questions/Q 2298
Next
In Process
Luxury vehicles
  • 1
Luxury vehiclesLevel 1
Asked: January 18, 20202020-01-18T21:34:55+00:00 2020-01-18T21:34:55+00:00In: Transport

What is the global market size of motorcycles?

  • 1

The 2-wheeler or motorbike or motorcycle is also an important mean of transport in the low-income class, as it is cheaper than a car. There are various models and types used for different purposes, such as scooters, sports bikes, heavy bikes, dirt bikes, and moped.

Hildebrand & Wolfmüller is considered to be the first series of motorcycles, that was started in 1894. Since then, the motorcycles have been going through continuous development, and now there are different types of motorcycles used around the world.

Same as the electric cars there are also electric bikes, known as e-bikes, which are gaining attraction in various countries due to its environment-friendly structure.

2-wheelermarket size
  • 1 1 Answer
  • 0
Share
  • Facebook

    Leave an answer
    Cancel reply

    You must login to add an answer.

    Forgot Password?

    Need An Account, Sign Up Here

    1 Answer

    • Oldest
    1. VehicleWise Level 2
      2020-01-18T21:50:01+00:00Added an answer on January 18, 2020 at
      This answer was edited.

      Market Size of two-Wheeler 

      The total global market size of motorcycles (2- wheelers) reached around 62 million units in 2018, which increase from 1.8% compared to 2017. The global motorcycles market size in value terms is projected to reach US$ 120 billion by 2025 from US$ 84 billion between in 2018.

      Analysis of two-Wheeler Market

      The Asia Pacific accounts for the largest market value as compared to other regions, and is mainly dominated by India. Nearly 21 million motorcycles were sold in India in 2018.
      China is also one of the top markets for 2-wheelers, though the sales declined in the past few years. In 2018, Chinese 2-wheelers sales decreased by 9.8% to 15.4 million, while 2019 also proved not a good year for motorcycles in China. The Asia Pacific is followed by Europe and South America.
      Some of the main driving factors behind the growth in the motorcycles market are the large middle-class population, affordable price, environment-friendly due to lower emissions, fuel-efficient, and the most important factor is the increasing demand for e-bikes. The e-bikes are also expected to have a larger market share in future as compared to other motorbikes.

      • 1
      • Reply
      • Share
        Share
        • Share on Facebook
        • Share on Twitter
        • Share on LinkedIn
        • Share on WhatsApp

    Sidebar

    Advanced Search
    Ask A Question

    Related Questions

    • What are the types of circuit breakers?

    • What is the market size of the automotive selective catalytic ...

    • What are the top shipyards and shipbuilding companies?

    • What are the top commercial space tourism companies?

    • What are the top 10 fastest e-bikes and their producers?

    Explore

    • Home
    • Recent Questions
    • Topics

    Footer

    Find Authority

    Find Authority

    Find Authority is a professional networking and crowdsourcing platform which helps enhance members credentials and create opportunities.

    About Us

    • About Us
    • Careers
    • Contact Us

    Legal Stuff

    • Terms and Conditions
    • Privacy Policy
    • Cookie Policy

    Supprt

    • Help Centre
    • Badges

    Follow

    © 2020 Find Authority. All Rights Reserved

    Insert/edit link

    Enter the destination URL

    Or link to existing content

      No search term specified. Showing recent items. Search or use up and down arrow keys to select an item.