PUBLISHER: TechSci Research | PRODUCT CODE: 1779191
PUBLISHER: TechSci Research | PRODUCT CODE: 1779191
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Middle East Two-Wheeler Market was valued at USD 406.8 Million in 2024 and is expected to reach USD 668.3 Million by 2030 with a CAGR of 9.4% during the forecast period. The Middle East two-wheeler market is witnessing a transformation driven by changing consumer preferences and evolving transportation needs. As cities become more congested, two-wheelers are emerging as a practical and efficient mode of transport, particularly for daily commuting. Lightweight scooters and motorcycles are gaining traction due to their fuel efficiency, compact size, and low maintenance costs.
Market Overview | |
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Forecast Period | 2026-2030 |
Market Size 2024 | USD 406.8 Million |
Market Size 2030 | USD 668.3 Million |
CAGR 2025-2030 | 9.4% |
Fastest Growing Segment | Motorcycles |
Largest Market | Saudi Arabia |
The presence of a young, tech-savvy population with rising disposable incomes is fueling interest in personal mobility options, further encouraging two-wheeler adoption across urban centers. Technological advancements in vehicle design and improved access to financing options are making two-wheelers more accessible to a broader consumer base. Recognizing the importance of accessible charging infrastructure, Saudi Arabia has embarked on an ambitious plan to develop a comprehensive network of charging stations. The Saudi Electric Vehicle Charging Infrastructure Development Initiative (SEVCIDI), launched in 2021, aims to install 50,000 charging stations across the nation by 2025. This expansion is supported by significant investments, including a dedicated USD 1.41 billion allocation for charging infrastructure through 2025. Such developments ensure that electric two-wheelers have the necessary support for widespread adoption, addressing concerns related to range anxiety and charging accessibility.
Market Drivers
Increasing Urbanization
As cities continue to expand rapidly, traffic congestion has become a significant concern, making two-wheelers an attractive alternative for daily commuting. Urban areas are increasingly becoming crowded, which limits the mobility of residents using cars. Motorcycles and scooters, with their ability to navigate narrow roads and congested areas, offer commuters a faster, more efficient way to travel. This shift towards urbanization creates a growing demand for two-wheelers as practical, compact vehicles that can easily maneuver through heavy traffic and reduce travel time. For instance, according to MEED, the MENA region's project pipeline has reached an estimated USD 3.7 trillion, with the GCC accounting for over 84% (USD 3.1 trillion) of the total. Transportation infrastructure and building real estate especially schools, hospitals, and other social facilities remain the leading segments. Construction project awards in the Middle East surged by over 50% in 2023 compared to 2022 (as per Q3 data), setting a new five-year high and reflecting the region's strongest construction activity levels in a decade.
Key Market Challenges
Inadequate Charging Infrastructure
While electric two-wheelers are gaining popularity, the lack of widespread charging infrastructure remains a significant barrier to mass adoption. Consumers often hesitate to purchase electric vehicles due to concerns about limited charging stations and long charging times. In many areas, the availability of charging stations is sparse, leading to "range anxiety" the fear that an electric vehicle will run out of power before reaching the nearest charging point. Until a comprehensive charging network is established, the widespread adoption of electric two-wheelers will remain limited.
Key Market Trends
Growth of Electric Two-Wheelers
The shift toward electric mobility is one of the most prominent trends in the two-wheeler market. With advancements in battery technology, electric two-wheelers are becoming more affordable, reliable, and practical for consumers. The push for eco-friendly alternatives and lower operating costs is contributing to the growing popularity of electric motorcycles and scooters. As governments continue to implement policies promoting clean transportation, the demand for electric two-wheelers is expected to grow significantly. Innovations in battery technology, such as fast-charging solutions and increased range, are helping to address consumer concerns and accelerate adoption. The electric two-wheeler market in Saudi Arabia is experiencing significant growth, supported by government incentives and a young, tech-savvy population. In December 2023, BMW AG announced the launch of the new BMW R 1300 GS in Saudi Arabia, featuring a new boxer engine and suspension to set new standards for off-road biking and new benchmarks in the touring segment.
In this report, the Middle East Two-Wheeler Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:
Company Profiles: Detailed analysis of the major companies presents in the Middle East Two-Wheeler Market.
Middle East Two-Wheeler Market report with the given market data, TechSci Research, offers customizations according to the company's specific needs. The following customization options are available for the report: