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
New York, Feb. 12, 2021 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "APAC Two Wheeler Market, By Vehicle Type, By Engine Capacity, By Country, Competition, Forecast & Opportunities, 2025" - https://www.reportlinker.com/p05950936/?utm_source=GNW
APAC two-wheeler market was valued USD 55.30 Billion in 2019 and is forecast to grow at CAGR of 8.63% to reach USD 67.52 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.
Growing number of passengers and commercial vehicles has increased the congestion on roads, which has a direct effect on the usage of two wheelers in APAC.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 the APAC countries is resulting in increase in demand for two wheelers due to their high manoeuvrability and cost effectiveness.
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.
Although Scooters/Mopeds attract a majority of people in the APAC region due to their automatic transmission and comfortable rides, it is Motorcycles that are expected witness faster growth in the APAC region during the forecast period.
Among all the countries in the region, India, China and Indonesia are the largest market, which cumulatively accounted for more than 75% of the market share in the region’s two-wheeler market. These three countries are expected to continue their market dominance due to their large population and increasing consumer spending on two-wheelers.
Years considered for this report:
Historical Period: 2015-2018
Base Year: 2019
Estimated Year: 2020E
Forecast Period: 2021F-2025F
Objective of the Study:
- To analyse and forecast the market size of the APAC Two-Wheeler market, in terms of value and volume.
- To classify and forecast the APAC Two-Wheeler market based on Vehicle Type, By Engine Capacity, By Country and By Company.
- To identify drivers and challenges for the APAC Two-Wheeler market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in APAC Two-Wheeler market.
- To identify and analyse the profile of leading players involved in the the APAC Two-Wheeler market.
The analyst performed primary as well as exhaustive secondary research for this study.Initially, the analyst sourced a list of two-wheeler manufacturers in APAC.
Subsequently, the analyst conducted primary research surveys with the identified companies.While interviewing, the respondents were also enquired about their competitors.
Through this technique, the analyst was able to include vendors and service providers that could not be identified due to the limitations of secondary research. The analyst examined product offerings, application, distribution channel and regional presence of all two-wheeler manufacturers across APAC.
The analyst calculated the market size of APAC two-wheeler market using a bottom-up approach, where data for various end-user segments were recorded and forecast for the future years. The analyst sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size.
Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by the analyst.
Key Target Audience:
- Two-wheeler manufacturers, suppliers/ dealers and other stakeholders
- Government bodies such as regulating authorities and policy makers
- Organizations, forums and alliances related to APAC two-wheeler market
- Market research and consulting firms
The study is useful in providing answers to several critical questions that are important for industry stakeholders such as two-wheeler manufacturers, distributors and dealers, customers, and policy makers. The study would also help them to target the growing segments over the coming years (next two to five years), thereby aiding the stakeholders in taking investment decisions and facilitating their expansion. thereby aiding the stakeholders in taking investment decisions and facilitating their expansion.
In this report, APAC two-wheeler market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
? Market, by Vehicle Type:
? Scooter/ Moped
? Market, By Engine Capacity:
? Above 500cc
? Market, By Country:
? Rest of the APAC
Company Profiles: Detailed analysis of the major companies present in APAC two-wheeler market.
With the given market data, we offers customizations according to a company’s specific needs. The following customization options are available for the report:
? Detailed analysis and profiling of additional market players (up to ten).
Profit Margin Analysis
? Profit margin analysis in case of direct and indirect sales channel.
Read the full report: https://www.reportlinker.com/p05950936/?utm_source=GNW
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