The Projected $42.4Bn Indian Market for Gasoline Scooters & Motorcycles 2013-2018 to 2025: Analysis by Product and Engine Capacity - Boom in Two-Wheeler Sharing Rides - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Aug 7, 2018--The “India Gasoline Scooter and Motorcycle Market by Product, by Engine Capacity - Market Size, Share, Development, Growth, and Demand Forecast, 2013-2025” report has been added to ResearchAndMarkets.com’s offering.
The Indian gasoline scooter and motorcycle market is projected to reach $42.4 billion by 2025.
The growth of the market is majorly driven by the development of autonomous vehicles and increasing focus towards reducing the operating cost of transportation.
Of all categories, 100-125cc was the largest category in the Indian gasoline scooter and motorcycle market, with more than 70% sales volume share in 2017 because of its high demand. This category is more preferred by the buyers as it provides an optimum balance between price and power output of the two-wheeler. Shift in the preferences of urban commuters from lower powered < 100cc two-wheelers to 100-125cc category is also benefiting the growth of 100-125cc category.
Additionally, the growing demand for motorcycles such as TVS Motor’s Apache range, Honda’s 160cc CB Unicorn, Bajaj Auto’s Pulsar range, CB Hornet 160R, Suzuki’s Gixxer series is further contributing to the growth of motorcycle market.
Key HighlightsGrowing demand from tier 2 and tier 3 cities Boom in two-wheeler sharing rides
Key Topics Covered
Chapter 1. Research Background
Chapter 2. Research Methodology
Chapter 3. Executive Summary
Chapter 4. Introduction
Chapter 5. Porter’s Five Forces Analysis
Chapter 6. India Market Size & Forecast
Chapter 7. Competitive Landscape
Chapter 8. Company ProfilesHero Motocorp Ltd. Honda Motorcycle and Scooter India Pvt. Ltd. Royal Enfield TVS Motor Company Limited Bajaj Auto Limited Suzuki Motorcycle India Private Limited Yamaha Motor India Pvt. Ltd. India Kawasaki Motors Pvt. Ltd. H-D Motor Company India Pvt. Ltd. Triumph Motorcycles (India) Private Limited
For more information about this report visit https://www.researchandmarkets.com/research/ff8hx2/the_projected_42?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20180807005674/en/
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KEYWORD: ASIA PACIFIC INDIA
INDUSTRY KEYWORD: AUTOMOTIVE MOTORCYCLES
SOURCE: Research and Markets
Copyright Business Wire 2018.
PUB: 08/07/2018 12:34 PM/DISC: 08/07/2018 12:34 PM