The India two-wheeler market size reached 21.4 Million Units in 2023 and grow at a CAGR of 16.29% to reach 86.4 Million Units by 2032.
Two-wheeler Market in India reporttwo wheelers in india
The Indian two-wheeler market is one of the most important for nearly every motorcycle maker worldwide. This segment is no longer about fulfilling only your commuting needs; now, it comes with style. Most of Indians prefer affordable and fuel-efficient bikes to ones packed with sheer power. T...
As per a report on Economic times, India has emerged as the world’s largest two-wheeler market, beating China. A total of 17,589,511 units were retailed in the country between April 1, 2016, to March 31, 2017. In the same time last year (FY-16) the tally stood at 16,455,851....
India has one of the world’s largest two-wheeler markets, with an estimated value of around US$16 billion in 2022 and projected to reach US$26.6 billion by 2028, according toResearch and Markets. BikeBazaar, which specializes in two-wheeler financing, predicts that two-wheeler sales in the...
India is the world's largest two wheeler market. The sheer number of bikes and the need to keep up with or surpass the competition means that newly launched bikes are a regular feature. To make it easier for you to keep up with the latest bikes and launches in the Indian market, we'...
According to a recent study by Counterpoint Research, India is projected to overtake China to become the largest two-wheeler market in the world by the end of this year. In this space, the electric two-wheeler market is growing very rapidly—...
By 2030, electric two-wheelers could be 50 to 70 percent of India's sales. We discuss consumer preferences for premium features and flexible access.
The Indian two-wheeler market witnessed an eventful week with three new launches taking place. Read More KTM 250 Duke discount extended till end of January 2025 By Rishabh Bhaskar1 day ago KTM India has extended the discount offer on the 250 Duke till the end of the month. Read More KT...
4.2. Current Market Scenario 4.3. State-Wise EV Sales Trends (Mar 2023 - Mar 2024) Chapter 5: Market Segmentation 5.1 Electric Two-Wheelers: Sales Split (June 23 - June 24) 5.2. Electric Rickshaws: Sales Split (June ...