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.
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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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.
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
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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