Research Overview

This study focuses on the current and future growth opportunities in the Indian two-wheeler (2W) market. A comparison of the maintenance cost of both ICE and E2Ws, market attractiveness, and total 2W ViO are also included. The data and key drivers for both ICE and electric two-wheeler segments are included for FY2016–2021 and forecasts for FY2022–FY2026. The study also offers an overview of overall growth in the markets for both ICE and electric motorbikes. In addition, it offers insights into 2W segment types, identifies leading participants in terms of pricing and market share, and analyzes competition from the viewpoints of both displacement and pricing. The objective of this study is to look at factors that are transforming the 2W space, and how India is positioning itself to transition to electric solutions. The study takes a deep dive in terms of PESTLE analysis of macro factors and various drivers. A snapshot of the market opportunity, including cost analysis, opportunity by fuel type, growing business models within the space, and various opportunities for EV products and solutions, is also provided.