MarkNtel Advisors is not just a market research company; it is a cornerstone in the realm of research and consulting provide market research report titled as Two Wheeler Market Size, Share, Analysis, Forecast 2023-2028.
Two Wheeler Market Analysis and Insights:
The Two Wheeler Market size is estimated to grow at a CAGR of around 8.0% during the forecast period, i.e., 2023-28.
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Two Wheeler Market Dynamics
Growth Opportunity: First- to Last-Mile Connectivity and Ride-Hailing Facilities
The elevating demand for cost-benefit and instant commuting choices with last-mile connectivity is majorly driving the global two wheeler market. First- and last-mile connectivity and ride-hailing facilities are gaining traction globally because of the utility of two wheelers in commuting short distances as they are fuel-efficient. Besides, the market is witnessing a boost with the emergence of two wheeler taxis. Companies such as Ola, Uber, Didi, and Grab are some of the vehicle fleets providing ride-hailing facilities such as Ola bikes and Uber moto. Therefore, these factors are expected to drive the market and considered possible growth opportunities.
Two Wheeler Market Report Segmentation:
The report has segmented the market into the following categories:
By Type of Fuel
-Gasoline
-Petrol
-Diesel
-LPG/CNG
-Battery
By Vehicle Type
-Moped
-Scooter
-Motorcycle
By Application
-Personal Use
-Commercial Use
By Type of Engine Capacity
-Up to 125 cc
-126 to 250 cc
-251 to 500 cc
-Above 500 cc
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Market Divided by Region/Country:
By Region
-North America
-South America
-Europe
-Middle East & Africa
-Asia-Pacific
Who are the top Companies in the Two Wheeler Market?
Hero Moto Corp., Yamaha Motor Co., Ltd., Harley Davidson, TVS Motors, BMW Motorrad, Piaggio & C.S. p.A, Bajaj Auto Ltd., Kawasaki Heavy Industries, Ltd, Suzuki Motor Corporation, Honda Motor Co., Ltd., Others
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