Market Research Company- TechSci Research is a research based management consulting firm providing market research and advisory solutions to its customers worldwide, spanning a range of industries.
Monday, 22 March 2021
Malaysia Two Wheeler Market Forecast and Opportunities, 2025
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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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
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Contact
Mr. Ken Mathews
708 Third
Avenue,
Manhattan, NY,
New York –
10017
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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Customers can also request for 10% free customization on this report.
“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
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
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/



