South Africa Two Wheeler Market (2023-2029) | Analysis, Industry, Share, Growth, Revenue, Companies, Forecast, Value, Outlook, Size, COVID-19 IMPACT & Trends

South Africa Two Wheeler Market Highlights

Report Name	South Africa Two Wheeler Market
Base Year	2022
Historical Period	2019-2022
Forecast Period	2023-2029
Growth rate	XXXX
Report Coverage	Revenues & Volume, Market Trends, Drivers & Challenges, Market Forecast, Market Share
Segment Coverage	By Vehicle Type, By Engine Capacity
Customization Scope	100% customized reports available along with reliable data. Moreover, you can alter the segments, countries, and regions according to your needs. For further details, you can contact our research expert at sales@6wresearch.com
Pricing and Purchase Options	Avail customization purchase option to know the exact pricing of your research needs

Topics Covered in the South Africa Two Wheeler Market

South Africa Two Wheeler Market report thoroughly covers the market by vehicle type and by  engine capacity. The market outlook 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.

South Africa Two Wheeler Market Synopsis

South Africa Two-Wheeler Market is expected to register a CAGR of XX% during the forecast period. The growth of this market can be attributed to the growing demand for affordable vehicles, increasing population and rising disposable incomes in the country. In addition, government initiatives such as ‘Operation Tokoloshe’ are helping to reduce traffic congestion in cities and thus will create an opportunity for two-wheeler manufactures to expand their sales reach in urban areas. Moreover, the easy availability of finance from banks and NBFCs is encouraging potential buyers who want to purchase two-wheelers through loans or financing options, which further boosts the South Africa Two-Wheeler Market Growth. Furthermore, companies understand the needs of young customers who look out for advanced features like connected technology that allows them access various services like music streaming over their smart devices while riding bikes has led manufacturers to offer products with such advancements at affordable prices thereby boosting its popularity among end users and driving up sales volumes across South Africa.

According to 6Wresearch, the South Africa Two Wheeler Market is registering a CAGR of 3.5%% during the forecast period of 2023-2029. The rapid urbanization has increased the demand for compact and agile modes of transportation. Additionally, two-wheelers are often more affordable than four-wheelers, making them accessible to a broader segment of the population. Rising fuel costs and environmental concerns make fuel-efficient two-wheelers an appealing choice for daily commutation. However, South Africa faces challenges related to road safety, and two-wheeler riders are vulnerable to accidents and injuries, necessitating improved safety measures. Moreover, inadequate road infrastructure and maintenance can pose challenges to two-wheeler riders, particularly in rural areas. The two-wheeler market in South Africa faces competition from other forms of personal transportation. The global shift toward electric vehicles is reflected in South Africa's two-wheeler industry with the emergence of electric scooters and motorcycles driven by environmental consciousness. The growth of e-commerce has extended to the two-wheeler market, with growing number of consumers researching and purchasing two-wheelers online. The demand for eco-friendly transportation solutions presents an opportunity for electric two-wheelers to gain a significant market share.

Government policies and schemes introduced in the South Africa Two Wheeler Market 

The South Africa government has regulations in place that require all two-wheeler owners and riders to have proper licensing and registration for their vehicles. This ensures that riders are trained and aware of safety regulations. The government has introduced safety regulations to reduce accidents and injuries among two-wheeler riders. These regulations include helmet laws and safety equipment requirements. Emission standards have been introduced to control pollution from two-wheelers. Manufacturers must comply with these standards to sell their vehicles in the country.

The impact of COVID-19 on the South Africa Two-Wheeler Market

The COVID-19 pandemic had adverse impacts on the South Africa Two-Wheeler Market size. The market experienced supply chain disruptions due to lockdowns and restrictions on movement, which affected the availability of vehicles and spare parts. The pandemic accelerated the trend of online sales for purchasing two-wheelers, as consumers looked for contactless buying options. Economic uncertainty and reduced consumer spending power during the pandemic affected the demand for two-wheelers. Moreover, there was a shift in demand towards personal mobility solutions, including two-wheelers, as people looked for alternatives to public transportation to reduce the risk of infection.

Leading players in the South Africa Two Wheeler Market

Some of the leading players in the South Africa Two Wheeler Industry included both domestic and international manufacturers. Some of these companies are;

• Honda South Africa
• Yamaha South Africa
• BMW Motorrad South Africa
• Suzuki South Africa
• KTM South Africa

Market analysis by Vehicle Type

According to Dhaval, Research Manager, 6Wresearch, motorcycles are dominating the South Africa Two Wheeler Market share over the forecast period due to their versatility and affordability, while scooters and mopeds are gaining traction in urban areas due to their suitability for short-distance commuting. The adoption of electric two-wheelers and the growth of shared mobility services offer promising prospects for both segments in the market.

Key attractiveness of the report

• COVID-19 Impact on the Market.
• 10 Years Market Numbers.
• Historical Data Starting from 2019 to 2022.
• Base Year: 2022.
• Forecast Data until 2029.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects.

Key Highlights of the Report:

• South Africa Two Wheeler Market Outlook
• Market Size of South Africa Two Wheeler Market, 2022
• Forecast of South Africa Two Wheeler Market, 2029
• Historical Data and Forecast of South Africa Two Wheeler Revenues & Volume for the Period 2019 - 2029
• South Africa Two Wheeler Market Trend Evolution
• South Africa Two Wheeler Market Drivers and Challenges
• South Africa Two Wheeler Price Trends
• South Africa Two Wheeler Porter's Five Forces
• South Africa Two Wheeler Industry Life Cycle
• Historical Data and Forecast of South Africa Two Wheeler Market Revenues & Volume By Vehicle Type for the Period 2019 - 2029
• Historical Data and Forecast of South Africa Two Wheeler Market Revenues & Volume By Motorcycle for the Period 2019 - 2029
• Historical Data and Forecast of South Africa Two Wheeler Market Revenues & Volume By Scooter/Moped for the Period 2019 - 2029
• Historical Data and Forecast of South Africa Two Wheeler Market Revenues & Volume By Engine Capacity for the Period 2019 - 2029
• Historical Data and Forecast of South Africa Two Wheeler Market Revenues & Volume By Up to 125cc for the Period 2019 - 2029
• Historical Data and Forecast of South Africa Two Wheeler Market Revenues & Volume By 126-250cc for the Period 2019 - 2029
• Historical Data and Forecast of South Africa Two Wheeler Market Revenues & Volume By 251-500cc for the Period 2019 - 2029
• Historical Data and Forecast of South Africa Two Wheeler Market Revenues & Volume By Above 500cc for the Period 2019 - 2029
• South Africa Two Wheeler Import Export Trade Statistics
• Market Opportunity Assessment By Vehicle Type
• Market Opportunity Assessment By Engine Capacity
• South Africa Two Wheeler Top Companies Market Share
• South Africa Two Wheeler Competitive Benchmarking By Technical and Operational Parameters
• South Africa Two Wheeler Company Profiles
• South Africa Two Wheeler Key Strategic Recommendations

Market Covered

The report offers a comprehensive study of the subsequent market segments:

By Vehicle Type

• Motorcycle
• Scooter/Moped

By Engine Capacity

• Up To 125cc
• 126-250cc
• 251-500cc
• Above 500cc