Global Two Wheelers Market to Reach USD 154.3 Billion by 2024

New York, USA, 2018-Apr-13 — /EPR Network/ —

According to Goldstein Research, global two wheelers market is expected to reach USD 154.3 billion by the end of 2024 from USD 90.1 billion in 2016, growing at a CAGR of 6.9%. The growing middle income class population, urbanization of a region and travelling convenience are driving the growth of two wheelers market. Global Two wheelers market segmentation has been done on the basis of vehicle type, fuel type and geography. With the growing per capita income, growth in sales of two wheelers has been recorded. The electric fuel type of two wheelers is expected to acquire largest market share over the forecast period. Global Two wheelers market is dominated by Asia-Pacific that accounts for 80% of the global two wheeler sales. Motorcycles accounts for largest sales in China and India. APAC is closely followed by Europe and Middle East and Africa (EMEA) accounted for 12% market share in 2016. North America two wheelers market share experienced downfall, but since 2014 growth in sales of two wheelers is witnessed.

 Two Wheelers Market Segmentation

On the basis of our in-depth analysis, Global Two Wheelers Market can be segmented as follows:

By Vehicle Type

• Motorcycles
• Scooters
• Mopeds

By Fuel Type

• Gasoline
• Electric

On the basis of region

• North America (US, Canada) {Market Share (%), Market Size (USD Billion, Adoption Rate (%)}
• Europe (UK, France, Italy, Germany, Spain, Hungary, Sweden, Russia, Poland and Rest of Europe) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
• Middle East and Africa (GCC Countries, North Africa, South Africa and Rest of Middle East & Africa) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
• Latin America (Brazil, Mexico and Rest of Latin America) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
• Asia Pacific (China, Japan, India, Singapore, South Korea, Australia, New Zealand and Rest of Asia-Pacific) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
• Rest of the World {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}

 

 “Global Two Wheelers Market Outlook” contains detailed overview of the global two wheelers market. On the basis of our in-depth analysis, market can be segmented in terms of market segmentation by vehicle type and fuel type.

Further, for the in-depth analysis, Global Two Wheelers Market Research Report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis. This market report also includes competitive outlook of some of the major players profiling of companies such as Honda Motor Co. Ltd., Yamaha Motor Company Limited, Kawasaki Heavy Industries Motorcycle & Engine Company, Ducati Motor Holding S.p.A., Hero Motocorp Ltd., TVS Motor Company, Bajaj Auto Limited, Suzuki Motor Corporation, Harley-Davidson, Inc, BMW AG, Aprilia, Triumph Motorcycles Ltd, KTM AG, Piaggio & C. SpA, etc. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments. Overall, the report represents the global Two wheelers market trends along with market forecast that will help industry consultants, technology providers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.

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