Market Research Report
China Two-Wheeler Market, By Vehicle Type (Motorcycle, Scooter/Moped and Electric Two Wheelers), By Engine/Battery Capacity, By Type of Sales (Individual vs Institutional), By Region, Forecast & Opportunities, 2024
|Published by||TechSci Research||Product code||917504|
|Published||Content info||90 Pages
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|China Two-Wheeler Market, By Vehicle Type (Motorcycle, Scooter/Moped and Electric Two Wheelers), By Engine/Battery Capacity, By Type of Sales (Individual vs Institutional), By Region, Forecast & Opportunities, 2024|
|Published: October 1, 2019||Content info: 90 Pages||
China two-wheeler market is projected to surpass $ 22 billion by 2024. Though the two wheeler market in China is in its saturation phase but the future demand for two wheelers will be generated on the back of growing demand for electric two wheelers and increasing number of working population in the country. Based on vehicle type by volume, the scooter/moped segment account for a majority share in 2018, and the segment is expected to maintain its dominance over the next five years as well. China two-wheeler market is dominated by scooter/moped since the female population in the country is higher as compared to male population and driving gear-less two-wheelers for a shorter distance in the country is easy for the female riders.
Electric two-wheelers are witnessing higher demand in the country owing to growing awareness on clean energy, growing production of lithium-ion battery, government subsidy on electric vehicles and overall development in construction sector as well as growing charging infrastructure. Top players in China electric scooter and motorcycles market are Wuyang-Honda Moto, Zongshen Industrial Group Limited, Dongguan tailing Vehicle Industry Co., Ltd., among others. Based on engine capacity, in 2018, in scooter/moped category up to 125cc segment share was above 55%, followed by 126-150cc segment.
Some of the leading players in the China Two-Wheeler Market are Dachangjiang, Loncin, Lifan, Wuyang Honda, Dongguan tailing Vehicle Industry Co., Ltd., Luoyang Shengjiang Hongqiang motorcycle limited company, Zongshen, etc.
To perform the study, TechSci Research conducted primary as well as exhaustive secondary research. Initially, TechSci Research prepared an exhaustive list of two-wheeler manufacturers and dealers operating in China. Subsequently, TechSci Research conducted primary research surveys, which include primary calls, email responses, etc., with the identified companies. While interviewing, the respondents were also asked about their major competitors. TechSci Research analyzed product offerings, distribution channels and regional presence of all major two-wheeler companies across China.
TechSci Research calculated the market size for China two-wheeler market using a bottom-up technique, wherein sales volume data of different engine capacities was recorded as well as forecast for the future years. TechSci Research sourced these values from industry experts and company representatives, and externally validated through analysing historical sales data of respective manufacturers to arrive at the overall market size.
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as collaboration manufacturer and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
In this report, China Two-Wheeler Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
Electric Two Wheelers
Company Profiles: Detailed analysis of the major companies present in Two-Wheeler Market.
With the given market data, TechSci Research offers customizations according the company's specific needs. The following customization options are available for the report:
Detailed analysis and profiling of additional market players (up to five).
Profit margin analysis in case of direct and indirect sales channel.