The Global Two Wheeler Market size was valued at around USD 265 billion in 2024 and is projected to reach USD 361.67 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 5.32% during the forecast period, i.e., 2025-30. According to MarkNtel Advisors Study.
Global Two Wheeler Market Driver:
Rapid Urbanization Prompting the Need for Compact Commuting Solutions – According to the United Nations (UN) Department of Economics and Social Affairs, it is predicted that 68% of the world population is expected to live in urban areas by 2050. As a result, the rising road congestion, insufficient mobility infrastructures, and lack of parking spaces necessitate the demand for compact commuting solutions in developed and developing economies, improving market growth. Besides, standard bikes are witnessing accelerating demand over traditional motorcycles due to the low initial price driven by the developing economic strength of the urban middle-class population. Furthermore, the sudden surge in gasoline prices makes the urban and rural populace prefer mopeds, motorcycles, and standard bikes from four-wheelers. Other than this, the minimal maintenance required by such vehicles provides the necessary impetus required for further market expansion.
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Key Market Reports Highlights
- Market Dimensions & Projections
- Pricing Evaluation
- Recent Strategic Moves by Companies
- Primary Stakeholders
- Import/Export Trend Analysis
- Competitive Landscape Assessment
- Emerging Opportunities
- Market Trends and Indicators
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Global Two Wheeler Market Segmentation:
The market report categorizes the market based on different segments and geographical analysis.
Study Timeline:
-Base Year: 2024
-Historical Period: 2020 to 2023
-Forecast Period: 2025 to 2030
- 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
- By Region
- North America
- South America
- Europe
- Middle East & Africa
- Asia-Pacific
Competitive Landscape
With strategic initiatives, such as mergers, collaborations, and acquisitions, the leading market companies, including – 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., and others are looking forward to strengthening their market positions.
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Global Two Wheeler Industry Recent Development:
2025: TVS Motor Company partners with BMW Motorrad to launch a new 450cc Twin-Cylinder Bike in India. The upcoming model will likely be based in the new 450 twin-platform, which debuted at the EICMA 2024. The BMW Motorrad F 450 GS will be the first motorcycle to use the new underpinnings.
2024: Bajaj launched the world’s first CNG bike at under 1 lakh with a 330 Km range. The bike is offered in three variants, namely, Drum, Drum LED, and Disc.
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