Showing posts with label Two Wheeler Market. Show all posts
Showing posts with label Two Wheeler Market. Show all posts

Monday, 22 March 2021

Malaysia Two Wheeler Market Forecast and Opportunities, 2025


According to #TechSci Research Report- Malaysia two wheeler market was valued USD 0.81 Billion in 2019 and is forecast to grow at CAGR of 8.96% until 2025, to reach USD 1.07 Billion by 2025.e

Wednesday, 10 February 2021

APAC Two Wheeler Market to Reach USD 67 Billion by 2025 -TechSci Research

 Rising demand for economical and personal means of transportation coupled with increasing female riders, improving road infrastructure and growing popularity of bank financing facilities to boost two-wheelers market in APAC

According to TechSci Research report, APAC Two Wheeler Market By Vehicle Type (Scooter/Moped, Motorcycle), By Engine Capacity (Up to 125cc, 126cc- 250cc, 251-500cc & Above 500cc), By Country (India, China, Indonesia, Vietnam, Pakistan, Philippines, Thailand, Bangladesh, Malaysia, Japan, and Rest of the APAC), Competition, Forecast & Opportunities, 2025, APAC two-wheeler market is forecast to grow at CAGR of 8.63% to reach USD 67.52 Billion by 2025. owing to rising demand for economical personal transportation across the region. Moreover, a tremendous rise in the per capita income of people in the APAC region over past few years has led to increasing consumer spending, which is driving demand for economical, safe and personal means of transportation. Moreover, increase in number of female riders, growing road infrastructure and rising popularity of bank financing will be the key factors responsible for the growth of two-wheelers market in APAC during the forecast period.



Browse over 44 market data Tables and 135 Figures spread through 198 Pages and an in-depth TOC on "APAC Two Wheeler Market"

https://www.techsciresearch.com/report/apac-two-wheeler-market/5034.html

 

APAC two wheeler market is classified based on vehicle type, by engine capacity, and by country. Based on vehicle type, the market is segmented into scooters/mopeds and motorcycles. Scooters/Mopeds account for a majority share in APAC two wheeler market due to their automatic transmission and comfortable ride, however, the motorcycle segment is expected to grow at a faster growth rate during the forecast period.

India, China, and Indonesia are the top three demand generating countries for two wheelers in the APAC. In 2020, India, China, and Indonesia cumulatively accounted for over 75% of the APAC two wheeler market in volume terms. Two wheelers are in high demand in these countries owning to the occurrence of massive road congestions, especially in the peak hours, as a result of high population density. Moreover, these countries comprise of price sensitive consumers for whom owning a passenger car can be a costly affair, thus, two wheelers appears as the most convenient alternative because of their lower price than passenger cars.  

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“In APAC two wheeler market, up to 125 cc engine capacity two wheeler segment is leading the market with a market share of around 80% in 2020 in volume terms. Owing to the availability of a wide range of up to 125 cc engine capacity two wheeler models by various brands at lower prices and better fuel economy, demand for up to 125 cc engine capacity two wheelers in APAC continues to grow.”, said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

APAC Two Wheeler Market By Vehicle Type (Scooter/Moped, Motorcycle), By Engine Capacity (Up to 125cc, 126cc- 250cc, 251-500cc & Above 500cc), By Country (India, China, Indonesia, Vietnam, Pakistan, Philippines, Thailand, Bangladesh, Malaysia, Japan, and Rest of the APAC), Competition, Forecast & Opportunities, 2025 has evaluated the future growth potential of APAC two-wheeler market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in APAC two wheeler market.

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About TechSci Research

TechSci Research is a leading global market research firm publishing premium market research reports. Serving 700 global clients with more than 600 premium market research studies, TechSci Research is serving clients across 11 different industrial verticals. TechSci Research specializes in research based consulting assignments in high growth and emerging markets, leading technologies and niche applications. Our workforce of more than 100 fulltime Analysts and Consultants employing innovative research solutions and tracking global and country specific high growth markets helps TechSci clients to lead rather than follow market trends.

Contact

Mr. Ken Mathews

708 Third Avenue,

Manhattan, NY,

New York – 10017

Tel: +1-646-360-1656

Email: sales@techsciresearch.com

website : https://www.techsciresearch.com

Sunday, 24 January 2021

Malaysia Two Wheeler Market to be Valued USD 1.07 Billion Until 2025 – TechSci Research

 

Growing concerns regarding rising greenhouse gas emission levels coupled with increasing price competitiveness of electric two wheelers to drive electric two wheeler market of Malaysia

According to TechSci Research report, Malaysia Two Wheeler Market, By Vehicle Type (Motorcycle, Scooter/Moped), By  Engine Capacity (Up to 125cc, 126-250cc, 250-500cc and Above 500cc)  By Company and By Geography, Forecast & Opportunities, 2025”, Malaysia two wheeler market was valued USD 0.81 Billion in 2019 and is forecast to grow at CAGR of 8.96% until 2025, to reach USD 1.07 Billion by 2025. Growing number of passenger and commercial vehicles have increased the congestion on roads, which has a direct effect on the usage of two wheelers in Malaysia. Travelling through highly congested areas is easier for two wheelers because of their light weight and high manoeuvrability. Two wheelers help in saving travel time, by the virtue of their high manoeuvrability, which makes travelling easier in congested traffic and narrow streets as compared to passenger cars. Thus, growing congestion on roads in Malaysia is resulting in increase in demand for two wheelers due to their high manoeuvrability and cost effectiveness.

One of the primary reasons for growing demand for two wheelers in Malaysia is that they provide better mileage compared to passenger cars, owing to smaller sizes and lighter weight. High motorcycle fuel efficiency also reduces travel cost. Moreover, two wheelers don’t have any peripheral units which consume power from engine. Also, in comparison to passenger cars, the maintenance cost of two wheelers is comparatively lower with the annual maintenance cost of a two wheeler being approximately one-third of the maintenance cost of a small passenger car. Furthermore, the tax and insurance cost incurred in owning a two wheeler is also low compared to passenger car. Thus, better fuel economy, low maintenance cost and low cost of ownership are among the major driving factors boosting demand for two wheelers in Malaysia.



Browse 32 market data Figures and 9 market Tables spread through 93 Pages and an in-depth TOC on "Malaysia Two Wheeler Market"

https://www.techsciresearch.com/report/malaysia-two-wheeler-market/3194.html

Malaysia electric two wheeler market can be segregated based on vehicle type, battery capacity, battery type and region. Malaysia two wheeler market was dominated by scooters, capturing a volume share of more than 65% in 2019, predominantly due to their lower prices, better maneuverability and the increasing preference of these vehicles by the female population. The country is witnessing massive growth in employment among the female population. More and more women are taking up service jobs where they are required to travel every day. Keeping in mind their personal mobility and safety, scooters appears as a convenient travel option.

Major companies operating in the economy include Boon Siew Honda Sdn Bhd, Suzuki  Malaysia Sdn Bhd, Hong Leong Yamaha Motor, TVS Motor Company, Kawasaki Motors (Malaysia) Sdn Bhd, Sanyang Motor Co., KTM Malaysia, Motosikal dan Enjin Nasional Sdn Bhd, Harley Davidson Petaling Jaya and Eclimo Sdn Bhd., among others.

 

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“Electric two wheelers exhibit huge growth potential and the market is projected to witness a CAGR of 16.20% during the forecast period, in volume terms. Even though the current purchasing cost is higher than that of the conventional counterpart, but in the near future the price is expected to decline to a large extent with the continuous decline in battery cost which accounts for a huge cost share of an electric vehicle. From 2010 to 2020, the cost of batteries declined by almost 15%, which is further expected fall by 30 to 35% during the forecast period.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

Malaysia Two Wheeler Market, By Vehicle Type (Motorcycle, Scooter/Moped), By  Engine Capacity (Up to 125cc, 126-250cc, 250-500cc and Above 500cc)  By Company and By Geography, Forecast & Opportunities, 2025 has analyzed the potential of Malaysia electric two wheeler market across the country, and provides statistics and information on market sizes, shares and trends. The report will suffice in providing the intending clients with cutting-edge market intelligence and help them in taking sound investment decisions. Besides, the report also identifies and analyzes emerging trends along with essential drivers and key challenges faced by Malaysia electric two wheeler market.

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India Two Wheeler Market By Vehicle Type (Electric Scooter and Electric Motorcycle), By Voltage Capacity (48-59V, 60-72V, 73-96V & Above 96V), By Battery Type, By Motor Placement, Competition Forecast & Opportunities, 2013-2023

https://www.techsciresearch.com/report/india-electric-two-wheeler-market/1668.html

 

North America Two Wheeler Market, By Vehicle Type (Scooter/Moped and Motorcycle), By Battery Capacity (<25Ah and >25Ah), By Battery Type (Lead Acid & Li-ion), By Country (USA and Canada), Competition Forecast & Opportunities, 2013 – 2023

https://www.techsciresearch.com/report/north-america-electric-two-wheeler-market/3396.html

 

 

Contact

Mr. Ken Mathews

708 Third Avenue,

Manhattan, NY,

New York – 10017

 Tel: +1-646-360-1656

 Email: sales@techsciresearch.com

website : https://www.techsciresearch.com

Tuesday, 11 August 2020

APAC Two Wheeler Market to Reach $ 67 Billion by 2025 – TechSci Research

 Rising demand for economical and personal means of transportation coupled with increasing female riders, improving road infrastructure and growing popularity of bank financing facilities to boost two-wheelers market in APAC

According to TechSci Research report, APAC Two Wheeler Market By Vehicle Type, By Engine Capacity, By Country, Competition, Forecast & Opportunities, 2025, APAC two-wheeler market is anticipated to grow at an impressive pace in the coming years and surpass $ 67 billion by 2025. Growth in the market is expected on account of rising demand for economical and personal transportation coupled with expanding population base and rising per capita income of consumers in the region. Moreover, increase in number of female riders and easy availability of bank financing are the other key factors augmenting the region’s two wheelers market. In volume terms, APAC two wheeler market stood around 53.19 million units in 2019, and these volume figures are also expected to go up in the coming years. However, the unit sales are expected to witness a decline in 2020 due to the spread of COVID-19 leading to huge impact on the region’s economic activities.


Browse over 62 market data Tables and 87 Figures spread through 130 Pages and an in-depth TOC on "APAC Two Wheeler Market"

https://www.techsciresearch.com/report/apac-two-wheeler-market/5034.html

APAC two wheeler market is classified based on vehicle type, by engine capacity, and by country. Based on vehicle type, the market is segmented into scooters/mopeds and motorcycles. Scooters/Mopeds account for a majority share in APAC two wheeler market due to their automatic transmission and comfortable ride, however, the motorcycle segment is expected to grow at a faster growth rate during the forecast period.

In terms of engine capacity, vehicles are distinguished amongst categories of displacement of their engines, which include less than 125cc, 126cc to 250cc, 251cc to 500cc, and above 500cc displacement segments.  Lightweight scooters are currently most favored by people in APAC, but due to their limited use, their demand in the market is expected to grow at a slower pace during the forecast period. Demand for two wheelers with more than 251 cc displacement is anticipated to grow at a faster pace in the coming years.

By country, the region’s two wheeler  market is segmented into top eleven markets, which include India, China, Indonesia, Vietnam, Pakistan, Philippines, Thailand, Taiwan, Bangladesh, Malaysia, Japan, and rest of the APAC. In 2019, India was the largest two wheeler market in the region, followed by China and Indonesia. The dominance of these countries is expected to continue during the forecast period. India overtook the position of market leader in 2016, outrunning China. Two wheeler market in India has been growing at a robust pace over the years on account of continuously expanding dealer network, regular launching of new models and rising investments. Indian roads are currently dominated by motorcycles, but the trend is seemingly shifting towards automatic and easy to drive scooters. Hero, Honda, TVS, Bajaj and Royal Enfield are top players operating in India two wheeler market. Since the penalization of two wheelers in China in 2016, the country’s contribution to the APAC market has remarkably decreased but it is steadily witnessing recovery in sales.

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“India dominated the region’s two wheeler market in the year 2019, due to the country’s remarkable dealer network coupled with highly competitive environment that offers relatively economical yet quality products fulfilling adaptive technological demands of customers as well as complying with government’s safety and emission norms. Demand for two wheelers is anticipated to increase in APAC in the coming years, on account of increasing consumer expenditure for safer, economic and aesthetic two-wheelers.”, said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

APAC Two Wheeler Market By Vehicle Type, By Engine Capacity, By Country, Competition, Forecast & Opportunities, 2025 has evaluated the future growth potential of APAC two-wheeler market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in APAC two wheeler market.

Browse Related Reports

Global Small Commercial Vehicle Market By Vehicle Type (Light Buses, Vans, Pickups, Light Trucks, etc.), By Region (North America, Middle East & Africa, Europe & CIS, Asia-Pacific & South America), Competition Forecast & Opportunities, 2011 – 2021

https://www.techsciresearch.com/report/global-small-commercial-vehicle-market-by-vehicle-type-light-buses-vans-pickups-light-trucks-etc-by-region-north-america-middle-east-africa-europe-cis-asia-pacific-south-america-competition-forecast-opportunities/935.html

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https://www.techsciresearch.com/report/electric-passenger-car-market/2444.html

India Passenger Car Market By Vehicle Type (Hatchback, Sedan, SUV & MUV), By Segment Type (Mini, Compact, Micro, C1, C2, D, E, & F), By Fuel Type (Petrol, Diesel & CNG), By Engine Capacity, Competition Forecast & Opportunities, 2012 – 2022

https://www.techsciresearch.com/report/india-passenger-car-market/1550.html

 

About TechSci Research

TechSci Research is a leading global market research firm publishing premium market research reports. Serving 700 global clients with more than 600 premium market research studies, TechSci Research is serving clients across 11 different industrial verticals. TechSci Research specializes in research based consulting assignments in high growth and emerging markets, leading technologies and niche applications. Our workforce of more than 100 fulltime Analysts and Consultants employing innovative research solutions and tracking global and country specific high growth markets helps TechSci clients to lead rather than follow market trends.

Contact

Mr. Ken Mathews

708 Third Avenue,

Manhattan, NY,

New York – 10017

Tel: +1-646-360-1656

Email: sales@techsciresearch.com

https://www.techsciresearch.com/ 

 

Monday, 27 July 2020

Indonesia Two Wheeler Market to Cross $ 10 Billion Milestone by 2025 – TechSci Research

Rising demand for economical and personal transportation to boost two wheeler market in Indonesia
According to TechSci Research report, Indonesia Two-Wheeler Market By Vehicle Type, By Engine Capacity, By Region, Competition, Forecast & Opportunities, 2025, Indonesia two wheeler market is anticipated to grow to $ 10 billion by 2025 on account of surging demand for economical transportation. Increase in consumer spending, increasing number of female riders, improving road infrastructure and growing popularity of credit facilities are the other key factors responsible for growth of two wheelers market in Indonesia. Indonesia two wheeler market is categorized based on vehicle type, engine capacity, and region. Based on vehicle type, the market is segmented into scooters, motorcycles and mopeds. Scooter segment holds the majority share and is expected to grow at a stable rate during the forecast period. Motorcycles held the second largest share in 2019 but their popularity is decreases amongst Indonesian customers due to their shifting interest towards automatic two wheelers. Hence, market share of the motorcycle segment is expected to depreciate over the next five years.

Browse 37 market data Figures and Tables spread through 70 Pages and an in-depth TOC on "Indonesia Two Wheeler Market"

In terms of engine capacity, vehicles are categorized into three groups, first engines that are less than 150 cc, then engines with displacement between 151 cc and 250 cc and at last engines with displacement above 250cc. Light weight scooters being most popular amongst Indonesian people, hold the maximum share. In terms of by region, the market is segmented into Java, Sumatra, Kalimanthan, Sulawesi, Maluka & Papua, and Bali & Nusa. Java and Sumatra are the leading regional market in India tow wheelers market, with both the regions cumulatively accounting for more than three-fourth of the market share in 2019.
customers can also request for 10% free customization on this report.
Leading companies operating in Indonesia two wheeler market include Honda, Yamaha, Suzuki, Kawasaki, TVS, KTM, Bajaj, and Harley Davidson. Honda and Yamaha are the leading two wheeler brands operating in the country. “PT Astra Honda Motors dominated the two wheeler market in Indonesia in 2019, due to its huge dealer network and great product range that is just apt for Indonesian customers. Demand for two wheelers is anticipated to continue growing in the country over the next five years on account of increasing consumer preference for safer, economical and aesthetic two wheelers.”, said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
Indonesia Two-Wheeler Market By Vehicle Type, By Engine Capacity, By Region, Competition, Forecast & Opportunities, 2025 has evaluated the future growth potential of Indonesia two-wheeler market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Indonesia two wheeler market.
Browse Related Reports
Global Small Commercial Vehicle Market By Vehicle Type (Light Buses, Vans, Pickups, Light Trucks, etc.), By Region (North America, Middle East & Africa, Europe & CIS, Asia-Pacific & South America), Competition Forecast & Opportunities, 2011 – 2021

Global Electric Passenger Car Market By Vehicle Type (Sedan, Hatchback & SUV), By Technology Type (PHEV Vs. BEV), By Driving Range (Up to 150 Miles Vs. Above 150 Miles), By Region, Competition Forecast & Opportunities, 2013 – 2023

India Passenger Car Market By Vehicle Type (Hatchback, Sedan, SUV & MUV), By Segment Type (Mini, Compact, Micro, C1, C2, D, E, & F), By Fuel Type (Petrol, Diesel & CNG), By Engine Capacity, Competition Forecast & Opportunities, 2012 – 2022

About TechSci Research
TechSci Research is a leading global market research firm publishing premium market research reports. Serving 700 global clients with more than 600 premium market research studies, TechSci Research is serving clients across 11 different industrial verticals. TechSci Research specializes in research based consulting assignments in high growth and emerging markets, leading technologies and niche applications. Our workforce of more than 100 fulltime Analysts and Consultants employing innovative research solutions and tracking global and country specific high growth markets helps TechSci clients to lead rather than follow market trends.
Contact
Mr. Ken Mathews
708 Third Avenue,
Manhattan, NY,
New York – 10017
Tel: +1-646-360-1656