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Two Wheeler Notes
Two Wheeler Notes
History[edit]
Main article: History of the motorcycle
Experimentation and invention[edit]
Number of
Year Vehicle Inventor Engine type Notes
wheels
Pierre
Michaux-
Michaux
1867– Perreaux
2 Louis- Steam One made
1868 steam
Guillaume
velocipede
Perreaux
Global two wheeler market stood at around $ 95 billion in 2018 and is projected to surpass
$ 125 billion by 2024. Anticipated growth in the market would be driven by higher fuel
efficiency, lower emissions, easy maneuverability and price attractiveness. Moreover,
launch of new models, growing number of female drivers and increasing congestion levels
are expected to boost sales of two wheelers across the globe. Increasing number of two
wheeler clubs, rising penetration of Chinese players and growing preference for two
wheeler taxis for mobility would have a positive impact on the market during forecast
period.
Years considered for this report:
To identify and analyze the profile of leading players engaged in the manufacturing
of two wheelers.
Key Target Audience:
Two-wheeler manufacturers, suppliers, distributors and other stakeholders
Associations, organizations, forums and alliances related to two wheelers
Government bodies such as regulating authorities and policy makers
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, dealers, customers and policy
makers. The study would also help them to target the growing segments over the coming
years, thereby aiding the stakeholders in taking investment decisions and facilitating their
expansion.
Report Scope:
In this report, global two wheeler market has been segmented into following categories, in
addition to the industry trends which have also been detailed below: