Market Forecast by Countries (China, India, Japan, Australia, Indonesia, Philippines, Thailand, Malaysia, Singapore, Rest of Asia), By Vehicle Type (Motorcycle, Scooter/Moped), By Engine Capacity (Up to 125cc, 126-250cc, 251-500cc, Above 500cc) And Competitive Landscape
Product Code: ETC056837 | Publication Date: May 2021 | Updated Date: Dec 2024 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 | |
Report Name | Asia Pacific Two Wheeler Market |
Forecast Period | 2025-2031 |
Market Size | USD 150 billion by 2031 |
CAGR | 7.2% |
Asia Pacific Two Wheeler Market report thoroughly covers the market by vehicle type, engine capacity and countries. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
The Asia-Pacific two-wheeler market was valued at USD 100 billion in 2025 and is expected to reach USD 150 billion by 2031. A noticeable trend toward premium and high-performance two-wheelers is taking place, fuelled by changing customer preferences, rising disposable incomes, and a growing emphasis on sophisticated features and greater riding experiences throughout the region.
The Asia Pacific two-wheeler market has grown significantly in recent years, owing to factors such as rising disposable income, rapid urbanization, and shifting customer tastes. Rising desire for economical, fuel-efficient transportation, combined with an increasing trend of eco-consciousness, has contributed to market expansion in this region.
According to 6Wresearch, Asia Pacific Two Wheeler Market size is expected to grow at a significant CAGR of 7.2% during 2025-2031. Rising urbanization has resulted in increased traffic congestion, making two-wheelers an attractive option for rapid and efficient commuting. The market for eco-friendly two-wheelers, particularly electric models, has also increased as a result of increased awareness of environmental issues and the emphasis on lowering carbon footprints. The market is expanding due in part to the growing popularity of motorcycles as a recreational activity, especially in nations with a strong riding culture. These elements are anticipated to keep propelling the Asia Pacific Two Wheeler Market growth, coupled with better road infrastructure and reasonably priced products. Overall, the Asia Pacific two-wheeler market is being shaped by these developments.
The Asia Pacific two-wheeler market still confronts several obstacles in spite of the promising future. Due to intense pricing pressure from the region's well-established competitors, it is challenging for newcomers to establish a presence. Furthermore, the widespread adoption of electric models is hampered by inadequate infrastructure support, especially for electric two-wheelers. Furthermore, manufacturers must make investments to comply with strict government rules pertaining to car emissions and safety standards, which raises production costs. In order for the market to continue growing and reach its full potential, these issues must be resolved.
The Asia Pacific two-wheeler industry is shifting dramatically towards electric scooters and motorcycles, driven by rising demand for electric cars. Electric two-wheelers are becoming more and more well-liked as an environmentally friendly substitute for conventional fuel-powered versions as governments and consumers concentrate on lowering carbon emissions.
Furthermore, two-wheelers are increasingly incorporating cutting-edge technologies, such as smart navigation systems, linked functions, and improved safety measures. These developments are making two-wheelers more appealing to a tech-savvy, eco-aware consumer base by enhancing the whole user experience. The Asia Pacific two-wheeler market is anticipated to increase as a result of this trend.
The expanding Asia Pacific two-wheeler industry provides lucrative investment prospects for both established and emerging players. The demand for two-wheelers is growing, especially for environmentally friendly transportation options, as a result of growing urbanization and disposable incomes. Investments in electric vehicle technology, such as the creation of batteries, charging infrastructure, and effective motor systems, are being fueled by the trend toward electric vehicles (EVs).
The demand is also being increased by the governments in the area enacting laws that encourage the use of EVs. For investors ready to capitalize on these new trends, the market offers significant growth potential as consumer preferences shift toward more environmentally friendly solutions.
Honda Motor Co., Ltd., Hero MotoCorp Ltd., Yamaha Motor Co., Ltd., Suzuki Motor Corporation, Bajaj Auto Ltd., TVS Motor Company Limited, and Kawasaki Heavy Industries are some of the major companies in the Asia Pacific two-wheeler market. These companies invest a lot of effort into research and development in order to launch cutting-edge goods and technology that meet changing consumer needs. To serve a wide range of consumers, efforts are focused on creating high-performance, environmentally friendly, and fuel-efficient two-wheelers.
Governments across Asia Pacific are launching measures to encourage the use of electric two-wheelers in order to cut carbon emissions and improve air quality. For example, the Indian government has implemented programs such as the FAME (Faster Adoption and Manufacturing of Electric Vehicles) initiative, which offers financial incentives for the manufacture and acquisition of electric vehicles.
In a similar vein, China has introduced incentives for producers and users of electric two-wheelers in addition to expenditures in the expansion of charging infrastructure. The region's market for electric two-wheelers is expanding as a result of these activities, which are creating an environment that is conducive to electric mobility and motivating producers to develop and support sustainability objectives.
In the upcoming years, the Asia Pacific two-wheeler market is anticipated to grow rapidly due to factors like growing urbanization, shifting consumer tastes, and rising disposable incomes. The market is changing as a result of the rising demand for electric two-wheelers brought on by environmental concerns and technology improvements. Demand is being further increased by governments throughout the region aggressively promoting sustainable transportation through infrastructure development and incentives.
The allure of two-wheelers is also being increased by advancements in smart technologies and connected features. The Asia Pacific two-wheeler market presents substantial growth prospects for manufacturers and stakeholders in the near future due to rising investments and an emphasis on environmentally friendly solutions.
The report offers a comprehensive study of the subsequent market segments and their leading categories.
According to Ravi Bhandari, Research Head, 6Wresearch, the motorcycle segment dominates the Asia Pacific two-wheeler market due to its widespread popularity in countries such as India, China, and Indonesia, which is driven by affordability, fuel economy, and adaptability for a wide range of transportation requirements.
China dominates the Asia Pacific two-wheeler market, owing to its large population and a thriving two-wheeler manufacturing industry that caters to both domestic and export demand with affordable and creative goods.
The Asia Pacific Two Wheeler market report provides a detailed analysis of the following market segments
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Asia Pacific Two Wheeler Market Overview |
3.1 Asia Pacific Regional Macro Economic Indicators |
3.2 Asia Pacific Two Wheeler Market Revenues & Volume, 2021 & 2031F |
3.3 Asia Pacific Two Wheeler Market - Industry Life Cycle |
3.4 Asia Pacific Two Wheeler Market - Porter's Five Forces |
3.5 Asia Pacific Two Wheeler Market Revenues & Volume Share, By Countries, 2021 & 2031F |
3.6 Asia Pacific Two Wheeler Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
3.7 Asia Pacific Two Wheeler Market Revenues & Volume Share, By Engine Capacity, 2021 & 2031F |
4 Asia Pacific Two Wheeler Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Asia Pacific Two Wheeler Market Trends |
6 Asia Pacific Two Wheeler Market, 2021 - 2031 |
6.1 Asia Pacific Two Wheeler Market, Revenues & Volume, By Vehicle Type, 2021 - 2031 |
6.2 Asia Pacific Two Wheeler Market, Revenues & Volume, By Engine Capacity, 2021 - 2031 |
7 China Two Wheeler Market, 2021 - 2031 |
7.1 China Two Wheeler Market, Revenues & Volume, By Vehicle Type, 2021 - 2031 |
7.2 China Two Wheeler Market, Revenues & Volume, By Engine Capacity, 2021 - 2031 |
8 India Two Wheeler Market, 2021 - 2031 |
8.1 India Two Wheeler Market, Revenues & Volume, By Vehicle Type, 2021 - 2031 |
8.2 India Two Wheeler Market, Revenues & Volume, By Engine Capacity, 2021 - 2031 |
9 Japan Two Wheeler Market, 2021 - 2031 |
9.1 Japan Two Wheeler Market, Revenues & Volume, By Vehicle Type, 2021 - 2031 |
9.2 Japan Two Wheeler Market, Revenues & Volume, By Engine Capacity, 2021 - 2031 |
10 Australia Two Wheeler Market, 2021 - 2031 |
10.1 Australia Two Wheeler Market, Revenues & Volume, By Vehicle Type, 2021 - 2031 |
10.2 Australia Two Wheeler Market, Revenues & Volume, By Engine Capacity, 2021 - 2031 |
11 Indonesia Two Wheeler Market, 2021 - 2031 |
11.1 Indonesia Two Wheeler Market, Revenues & Volume, By Vehicle Type, 2021 - 2031 |
11.2 Indonesia Two Wheeler Market, Revenues & Volume, By Engine Capacity, 2021 - 2031 |
12 Philippines Two Wheeler Market, 2021 - 2031 |
12.1 Philippines Two Wheeler Market, Revenues & Volume, By Vehicle Type, 2021 - 2031 |
12.2 Philippines Two Wheeler Market, Revenues & Volume, By Engine Capacity, 2021 - 2031 |
13 Thailand Two Wheeler Market, 2021 - 2031 |
13.1 Thailand Two Wheeler Market, Revenues & Volume, By Vehicle Type, 2021 - 2031 |
13.2 Thailand Two Wheeler Market, Revenues & Volume, By Engine Capacity, 2021 - 2031 |
14 Malaysia Two Wheeler Market, 2021 - 2031 |
14.1 Malaysia Two Wheeler Market, Revenues & Volume, By Vehicle Type, 2021 - 2031 |
14.2 Malaysia Two Wheeler Market, Revenues & Volume, By Engine Capacity, 2021 - 2031 |
15 Singapore Two Wheeler Market, 2021 - 2031 |
16 Rest of Asia Two Wheeler Market, 2021 - 2031 |
16.1 Rest of Asia Two Wheeler Market, Revenues & Volume, By Vehicle Type, 2021 - 2031 |
16.2 Rest of Asia Two Wheeler Market, Revenues & Volume, By Engine Capacity, 2021 - 2031 |
21 Asia Pacific Two Wheeler Market Key Performance Indicators |
18 Asia Pacific Two Wheeler Market - Opportunity Assessment |
18.1 Asia Pacific Two Wheeler Market Opportunity Assessment, By Countries, 2021 & 2031F |
18.2 Asia Pacific Two Wheeler Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
18.3 Asia Pacific Two Wheeler Market Opportunity Assessment, By Engine Capacity, 2021 & 2031F |
19 Asia Pacific Two Wheeler Market - Competitive Landscape |
19.1 Asia Pacific Two Wheeler Market Revenue Share, By Companies, 2024 |
19.2 Asia Pacific Two Wheeler Market Competitive Benchmarking, By Operating and Technical Parameters |
20 Company Profiles |
21 Recommendations |
22 Disclaimer |