The global two-wheeler market—covering motorcycles, scooters, mopeds, and electric variants—is witnessing robust growth. The market is projected to expand steadily over the next decade, driven by rapid urbanization, rising disposable incomes in emerging economies, affordability, and the increasing demand for convenient personal mobility. Additionally, the accelerated adoption of electric two-wheelers is reshaping the industry landscape.
Download Free Sample@ https://straitsresearch.com/report/two-wheeler-market/request-sample
Restraints
Despite its growth trajectory, several factors restrain the market:
Infrastructure Gaps – Limited charging and battery-swapping facilities for electric models.
High Initial Costs – Elevated upfront prices due to battery expenses and technology integration.
Regulatory Pressures – Compliance with stringent emission and safety norms raises production costs.
Consumer Concerns – Range anxiety, resale value, and safety perceptions hinder faster adoption of EVs.
Opportunities
The market also presents strong opportunities:
Government Incentives – Subsidies and policy support for EV adoption.
Technological Advancements – Fast-charging batteries, smart dashboards, IoT connectivity.
Emerging Markets – Untapped demand in rural and semi-urban regions, plus growing female rider segments.
Premiumization – Rising popularity of high-end motorcycles, adventure bikes, and performance EVs.
Segments
By Vehicle Type: Motorcycles, scooters, mopeds, electric two-wheelers.
By Propulsion: Internal combustion engines (ICE), electric, and hybrid.
By Engine Capacity: <100cc, 100–125cc, 126–180cc, 181–250cc, and above.
By Transmission: Manual vs automatic.
By End-User: Personal vs commercial.
By Region: Asia-Pacific leads in volume; Europe and North America grow in premium/EV categories.
Key Players and Financials
Hero MotoCorp – India’s largest two-wheeler manufacturer; strong mid-range motorcycle sales.
TVS Motor Company – Growing in both ICE and EV segments with rising margins.
Ola Electric – Leading EV two-wheeler brand by volume; expanding despite short-term losses.
Ultraviolette Automotive – Expanding globally with high-performance EV motorcycles.
Honda – Targeting strong EV growth and market expansion by 2030.
Yamaha – Investing in electric trials and off-road motorcycles.
Piaggio Group – Strong presence with brands like Vespa and Aprilia.
Latest Developments & Collaborations
Partnerships to accelerate EV innovation and build charging ecosystems.
OEM collaborations for shared platforms, especially in electric scooters.
Startups and established players expanding globally with performance EVs.
Tech integration for connected services like roadside assistance, telematics, and smart navigation.
Buy Your Sample Report Now@ https://straitsresearch.com/buy-now/two-wheeler-market
FAQs
Q1. What vehicles are included in the two-wheeler market?
Motorcycles, scooters, mopeds, and both ICE and electric variants.
Q2. Is the ICE two-wheeler market declining?
While ICE vehicles remain dominant, their growth is slowing. EVs are rising faster in relative terms.
Q3. What is the biggest barrier for electric two-wheelers?
High upfront cost, charging infrastructure, and consumer concerns about range and reliability.
Q4. Which region leads the market?
Asia-Pacific dominates in unit sales, while Europe and North America focus more on premium and electric segments.
Q5. Who are the top players?
Hero MotoCorp, TVS, Honda, Yamaha, Ola Electric, Ultraviolette, and Piaggio, among others.
Conclusion
The global two-wheeler market is entering a transformative era. Demand for affordable personal mobility will keep ICE models relevant, but the real momentum lies in electrification, premiumization, and smart features. Emerging markets will drive bulk sales, while collaborations, innovation, and sustainability will shape the industry’s future. Companies that embrace this shift will be well-positioned to lead in the next decade of mobility.
About Us
Straits Research is a market intelligence company providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision-makers. Straits Research Pvt. Ltd. provides actionable market research data, especially designed and presented for decision making and ROI.
Whether you are looking at business sectors in the next town or crosswise over continents, we understand the significance of being acquainted with the client’s purchase. We overcome our clients’ issues by recognizing and deciphering the target group and generating leads with utmost precision. We seek to collaborate with our clients to deliver a broad spectrum of results through a blend of market and business research approaches.
Contact Us
Phone: +1 646 905 0080 (U.S.), +44 203 695 0070 (U.K.)
Email: sales@straitsresearch.com
