Global Two-Wheeler Starter Motor Market (2019-2023): Increasing Popularity of Two-Wheeler Events & Activities - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Jan 29, 2019--The “Global Two-wheeler Starter Motor Market 2019-2023” report has been added to ResearchAndMarkets.com’s offering.
The two-wheeler starter motor market will register a CAGR of almost 8% by 2023.
Improvement in performance of low-displacement two-wheelers to drive growth in the market
Two-wheeler manufacturers are developing and launching new and powerful models of scooters and motorcycles to penetrate and utilize the higher purchasing power of the population in the emerging markets in APAC. They will be performing certain changes in the internal components like starter motors to improve performance.
Increasing popularity of two-wheeler events and activities
The increasing popularity of motorcycles events and two-wheeler touring activities is expected to drive the sales and production of two-wheelers in mature two-wheeler markets like Europe. Exhibitions are used as an effective way by two-wheeler manufacturers to showcase new vehicle models or certain technological innovations, which may incite future purchases.
Growth of the motorcycle and scooter rental market
The increasing launch of rental services for motorcycles and scooters poses a significant challenge to the sales of two-wheelers as potential buyers do not need to invest significant funding in purchasing a two-wheeler, but they can rather spend a fraction of the cost to hire a scooter or a motorcycle for fulfilling their need for commute. Two-wheelers are mainly used for commuting over short distances, which can be fulfilled by renting a vehicle.
Key PlayersBRISE Starter Motors & Alternators Lucas TVS Mitsuba Varroc Group Zhejiang Haiwei Electric Appliances
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: MARKET LANDSCAPE
PART 04: MARKET SIZING
PART 05: FIVE FORCES ANALYSIS
PART 06: MARKET SEGMENTATION BY APPLICATIONComparison by application Motorcycles - Market size and forecast 2018-2023 Scooters - Market size and forecast 2018-2023 Market opportunity by application
PART 07: CUSTOMER LANDSCAPE
PART 08: GEOGRAPHIC LANDSCAPE
PART 09: DRIVERS AND CHALLENGES
PART 10: VENDOR LANDSCAPE
PART 11: VENDOR ANALYSISVendors covered Vendor classification Market positioning of vendors BRISE Starter Motors & Alternators Lucas TVS Mitsuba Varroc Group Zhejiang Haiwei Electric Appliances
For more information about this report visit https://www.researchandmarkets.com/research/26w2kh/global?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20190129005407/en/
Laura Wood, Senior Press Manager
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
KEYWORD: EUROPE NORTH AMERICA SOUTH AMERICA AUSTRALIA/OCEANIA AFRICA
INDUSTRY KEYWORD: MANUFACTURING AUTOMOTIVE MANUFACTURING OTHER MANUFACTURING AUTOMOTIVE MOTORCYCLES
SOURCE: Research and Markets
Copyright Business Wire 2019.
PUB: 01/29/2019 05:22 AM/DISC: 01/29/2019 05:22 AM