Two-wheeler Engine Market Share and New Trends Analysis: By Its Type, Application, End-use and Forecast for period from 2024 to 2031
The "Two-wheeler Engine Market" is focused on controlling cost, and improving efficiency. Moreover, the reports offer both the demand and supply aspects of the market. The Two-wheeler Engine market is expected to grow annually by 14.9% (CAGR 2024 - 2031).
This entire report is of 148 pages.
Two-wheeler Engine Introduction and its Market Analysis
The Two-wheeler Engine market research report provides insights into the market conditions, including the growth drivers and target market for Two-wheeler Engines. Major factors driving revenue growth in this market include increasing demand for fuel-efficient and high-performance engines in emerging economies, as well as technological advancements in engine design. Companies operating in this market, such as Bajaj Auto, Hero Moto, Honda Motor, TVS Motor, Yamaha Motor, Suzuki, Kawasaki, Zongshen, and The Matsumura Mold & Pattern, are investing in R&D to stay competitive. The report recommends companies focus on developing innovative products to capitalize on the growing demand for Two-wheeler Engines.
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The two-wheeler engine market is segmented based on engine capacity into <100 cc, 100-200 cc, 200-300 cc, and >300 cc categories, catering to both civil and military applications. The market is highly regulated with strict emission norms and safety standards set by regulatory bodies. Manufacturers need to comply with these legal factors to ensure market viability and sustainability.
For engines below 100 cc, strict emission norms play a crucial role in product design and development. The 100-200 cc range is popular among urban commuters for its balance of power and fuel efficiency. The 200-300 cc segment targets enthusiasts and performance-oriented riders. Engines above 300 cc are typically used in heavy-duty military applications.
Regulatory factors such as emission standards and safety regulations influence product offerings and market positioning. Manufacturers need to stay updated with these regulations to ensure compliance and competitiveness. The two-wheeler engine market is dynamic and continuously evolving, with technological advancements driving innovation and growth. Adapting to regulatory and legal factors is essential for long-term success in this market.
Top Featured Companies Dominating the Global Two-wheeler Engine Market
The two-wheeler engine market is highly competitive and primarily dominated by companies such as Bajaj Auto, Hero MotoCorp, Honda Motor, TVS Motor, Yamaha Motor, Suzuki, Kawasaki, Zongshen, and The Matsumura Mold & Pattern. These companies operate globally and offer a wide range of two-wheeler engines catering to different segments of the market.
Bajaj Auto, a leading Indian two-wheeler manufacturer, is known for its innovative engine technology and has a significant market share in the industry. Similarly, Hero MotoCorp and TVS Motor are other key players in the market, with a strong presence in both domestic and international markets.
Honda Motor, Yamaha Motor, and Suzuki are well-known Japanese companies with a global footprint in the two-wheeler engine market. These companies are known for their reliability and performance-driven engines, making them popular choices among consumers.
Kawasaki, Zongshen, and The Matsumura Mold & Pattern are also prominent players in the two-wheeler engine market, each offering unique engine solutions to meet the diverse needs of customers.
These companies contribute to the growth of the two-wheeler engine market by continuously investing in research and development and introducing new technologies to improve engine performance, fuel efficiency, and emissions.
As for sales revenue, in 2020, Bajaj Auto reported a revenue of approximately $ billion, while Hero MotoCorp recorded a revenue of around $5.1 billion. Honda Motor generated revenue of about $13 billion, Yamaha Motor reported revenue of around $14.5 billion, and Suzuki's revenue was approximately $20 billion. These figures indicate the robust performance of these companies in the two-wheeler engine market and their significant contributions to its growth.
- Bajaj Auto
- Hero Moto
- Honda Motor
- TVS Motor
- Yamaha Motor
- Suzuki
- Kawasaki
- Zongshen
- The Matsumura Mold & Pattern
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Two-wheeler Engine Market Analysis, by Type:
- <100 cc
- 100-200 cc
- 200-300 cc
- >300 cc
The types of two-wheeler engines are categorized based on their cubic capacity - <100 cc, 100-200 cc, 200-300 cc, and >300 cc. Smaller engines (<100 cc) are fuel-efficient and cost-effective, making them popular for urban commuting. Engines in the 100-200 cc range offer a balance between fuel efficiency and power, suitable for daily commuting and short trips. The 200-300 cc segment provides more power for long-distance travel and recreational purposes. Engines above 300 cc are high-performance, ideal for enthusiasts and long-distance touring. The variety of engine sizes cater to different consumer needs, boosting the demand in the two-wheeler engine market.
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Two-wheeler Engine Market Analysis, by Application:
- Civil
- Military
The application of two-wheeler engines in civil and military sectors involves powering vehicles such as motorcycles and scooters for civilian transportation, as well as motorcycles and ATVs for military use. In both cases, the two-wheeler engine is utilized to provide efficient and reliable propulsion for these vehicles. The fastest growing application segment in terms of revenue is the civilian sector, as the demand for two-wheeler vehicles for personal transportation continues to rise globally, especially in developing countries where these vehicles provide affordable and convenient mobility solutions.
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Two-wheeler Engine Industry Growth Analysis, by Geography:
North America:
- United States
- Canada
Europe:
- Germany
- France
- U.K.
- Italy
- Russia
Asia-Pacific:
- China
- Japan
- South Korea
- India
- Australia
- China Taiwan
- Indonesia
- Thailand
- Malaysia
Latin America:
- Mexico
- Brazil
- Argentina Korea
- Colombia
Middle East & Africa:
- Turkey
- Saudi
- Arabia
- UAE
- Korea
The two-wheeler engine market is witnessing significant growth in regions such as North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. North America, Europe, and Asia-Pacific are expected to dominate the market with a major market share percentage valuation. Among these regions, Asia-Pacific is anticipated to have the largest market share due to the increasing demand for motorcycles and scooters in countries like China, India, and Indonesia. Latin America and Middle East & Africa are also expected to show substantial growth in the two-wheeler engine market, driven by rising urbanization and disposable income levels in these regions.
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