Colombia Two Wheeler Market (2021-2027) | Size, Share, Analysis, Trend, Growth, Forecast, Revenue, Outlook & COVID-19 IMPACT

Market Forecast By Product Types (Electric Two-Wheeler (By Types (Scooter, Motorcycle), By Battery Type (Lead Acid, Lithium Ion)), Non-Electric Two-Wheeler (By Types (Scooter, Motorcycle, Moped), By Power (Upto 125 CC, 125.1 CC- 250 CC, Above 250 CC))), By Regions (Andean Region, Caribbean Region, Pacific Region, Orinoco Region, Amazon Region, Insular Region) And Competitive Landscape

Product Code: ETC081273 Publication Date: Jul 2022 Product Type: Report
Publisher: 6Wresearch No. of Pages: 84 No. of Figures: 28 No. of Tables: 13

Latest Development (2022) Columbia Two-Wheeler Market

Growing traffic congestion in cities coupled with a growing population is driving the Columbia Two-Wheeler Market Growth. The surging number of working and commuting women is adding to the development of the market. Moreover, rising disposable income backed by improvement in the standard of living is accelerating the demand for advanced two-wheeler. The rising level of pollution and increasing environmental concern is also shifting the market toward the adoption of the electric two-wheeler. Growing advancement in technology and the introduction of various major companies in the industry is proliferating the demand for two-wheeler.

Colombia Two-Wheeler Market report thoroughly covers the market by product types and regions. The report provides an unbiased and detailed analysis of the ongoing market trends, opportunities, high growth areas, market drivers, and market share by Brands, which would help stakeholders to device and align market strategies according to the current and future market dynamics.

Colombia Two-wheeler Market Synopsis

Colombia Two-Wheeler Market witnessed significant growth owing to improvement in lifestyle, rise in the purchasing power of the middle class, and preference for fast and efficient means of transport for commuting to workplaces. Additionally, the two-wheelers market size increased in 2018-19 due to a rise in demand for electric two-wheelers owing to government efforts to promote e-vehicles such as the Electric Mobility Law, passed in 2018 which reduced the tax rate on e-vehicles to 1%, and the National Strategy for Electric Mobility launched in 2019 aimed at reducing vehicle emissions.

According to 6Wresearch, Colombia Two Wheeler Market size is projected to grow at CAGR of 7.0% during 2021-2027. The rising working population and increasing use of two-wheelers in the police force, delivery and taxi service, and growing popularity of two-wheelers among the youth, especially motorcycles and automatic scooters would fuel the demand for a two-wheeler in the country in coming years. Additionally, government initiatives like bilateral growth initiative between the Colombian government and US International Finance Corporation to strengthen economic development and Fourth Generation (4G) road infrastructure program 2014-2024, would contribute to the increase in demand for a two-wheeler in the country in the forthcoming years.

Colombia Two Wheeler Market Overview

Market Analysis by Product Type

On the basis of product type, the Scooter segment is expected to generate the highest share in the overall Columbia Two-wheeler industry during the upcoming year. Rising disposable income coupled with an increasing number of working women is leading to a surge in female drivers which is further adding to the development of the market.

Market Analysis by Power

On the basis of power, up to 125cc segment is expected to dominate the market during the upcoming years as it provides high mileage along with affordable options.

Market Analysis by Battery Type

On the basis of battery type, the Lithium-ion battery segment is expected to generate key growth during the forecast years.

COVID-19 impact on Columbia Two-Wheeler Market

On account of the outbreak of COVID-19 and subsequent lockdown in 2020, the two-wheeler market in Colombia experienced a setback leading to a decline in volume size by nearly 14%, due to a fall in demand and a halt in manufacturing, assembly, and dealership operations and disruptions in the supply chain in the country.  Besides, the volume size for two-wheelers is anticipated to experience a quick recovery in 2021, due to the upliftment of lockdown restrictions and resumption of business activities. Various restrictions imposed by the government put a halt to production units and led to the shutting down of business units. However, the market is expected to re-gain its growth during the upcoming years owing to the lifting of restrictions and resumption of production units. 

Key Attractiveness of the Report

  • COVID-19 Impact on the Market.
  • 10 Years Market Numbers.
  • Historical Data Starting from 2017 to 2020.
  • Base Year: 2020
  • Forecast Data until 2027.
  • Key Performance Indicators Impacting the Market.
  • Major Upcoming Developments and Projects.

Key Highlights of the Report

  • Colombia Two-Wheeler Market Overview
  • Colombia Two-Wheeler Market Outlook
  • Colombia Two-Wheeler Market Forecast
  • Historical data and Forecast of Colombia Two-Wheeler Market Revenues and Volume, for the Period, 2017-2027F.
  • Historical data and Forecast of Revenues and Volume, By Product Types, for the Period, 2017-2027F
  • Historical data and Forecast of Revenues and Volume, By Regions, for the Period, 2017-2027F
  • Market Drivers and Restraints
  • Colombia Two-Wheeler Market Trends
  • Industry Life Cycle
  • Porter’s Five Forces Analysis
  • Market Opportunity Assessment
  • Colombia Two-Wheeler Market Share, By Brands
  • Competitive Benchmarking
  • Company Profiles
  • Key Strategic Recommendations

Market Scope and Segmentation

The report provides a detailed analysis of the following market segments:

By Product Types

  • By Types
    • Scooter
    • Motorcycle
  • By Battery Type
    • Lead Acid
    • Lithium Ion
    • By Types
      • Scooter
      • Motorcycle
      • Moped
    • By Power
      • Up to 125 CC
      • 1 CC- 250 CC
      • Above 250 CC
    • Electric Two-Wheeler
    • Non-Electric Two-Wheeler

By Regions

  • Andean Region
  • Caribbean Region
  • Pacific Region
  • Orinoco Region
  • Amazon Region
  • Insular Region

Frequently Asked Questions About the Market Study:

Does the report consider the COVID-19 impact?

The report not only considered the COVID-19 impact but also current market dynamics, trends, and KPIs into consideration.

How much growth is expected in the Colombia Two-wheeler Market over the coming years?

Colombia Two-wheeler Market revenue is anticipated to record a CAGR of 7.0% during 2021-27.

Which segment has captured a key share of the market?

Non-electric two-wheeler has dominated the overall market revenues in the year 2020.

Which segment is exhibited to gain traction over the forecast period?

Lithium- Ion battery type is expected to record key growth throughout the forecast period 2021-27.

Who are key the key players in the market?

The key players in the market include- Yamaha Motor Co. Ltd, Bajaj Auto Ltd., Honda Motor Co. Ltd., Suzuki Motor Corporation, Colombiana De Comercio SA, TVS Motor Company Ltd., Hero Motocorp Limited, Auteco Mobility SAS, BMW AG, Sanyang Motor Co. Ltd.

Is customization available in the market study?

Yes, we can do customization as per your requirements. Please feel free to write to us sales@6wresearch.com for any customized or any other requirements

We also want to have market reports for other countries/regions.

6Wresearch has a database of more than 60 countries globally, which can make us your first choice for all your research needs.

1. Executive Summary
2. Introduction
2.1. Report Description
2.2. Key Highlights of the Report
2.3. Market Scope & Segmentation
2.4. Research Methodology
2.5. Assumptions
3. Colombia Two-Wheeler Market Overview
3.1 Colombia Two-Wheeler Market Revenues and Volume, 2017-2027F
3.2 Colombia Two-Wheeler Market Industry Life Cycle
3.3 Colombia Two-Wheeler Market Ecosystem
3.4 Colombia Two-Wheeler Market- Porter’s Five Forces
3.5 Colombia Two-Wheeler Market Revenue and Volume Share, By Product Types, 2020 & 2027F
3.5.1 Colombia Electric Two-Wheeler Market Revenues and Volume, 2017-2027F
3.5.2 Colombia Non-Electric Two-Wheeler Market Revenues and Volume, 2017-2027F
3.6 Colombia Two-Wheeler Market Volume Share, By Regions, 2020 & 2027F
4. Covid-19 Impact Analysis on Colombia Two-Wheeler Market
5. Colombia Two-Wheeler Market Dynamics
5.1 Impact Analysis
5.2 Market Drivers
5.3 Market Restraints
6. Colombia Two-Wheeler Market Trends
7. Colombia Electric Two-Wheeler Market Overview
7.1 Colombia Electric Two-Wheeler Market Revenue and Volume Share, By Types, 2020 & 2027F
7.2 Colombia Electric Two-Wheeler Market Revenues and Volume, By Types, 2017-2027F
7.2.1 Colombia Electric Scooter Two-Wheeler Market Revenues and Volume, 2017-2027F
7.2.2 Colombia Electric Motorcycle Two-Wheeler Market Revenues and Volume, 2017-2027F
7.3 Colombia Electric Two-Wheeler Market Revenue and Volume Share, By Battery Type, 2020 & 2027F
7.4 Colombia Electric Two-Wheeler Market Revenues and Volume By Battery Type, 2017-2027F
7.4.1 Colombia Electric Two-Wheeler Market Revenues and Volume, By Lead Acid,  2017-2027F
7.4.2 Colombia Electric Two-Wheeler Market Revenues and Volume, By Lithium Ion, 2017-2027F
8. Colombia Non-Electric Two-Wheeler Market Overview
8.1 Colombia Non-Electric Two-Wheeler Market Revenue and Volume Share, By Types, 2020 & 2027F
8.2 Colombia Non-Electric Two-Wheeler Market Revenues and Volume, By Types, 2017-2027F
8.2.1 Colombia Non-Electric Scooter Two-Wheeler Market Revenues and Volume, 2017-2027F
8.2.2 Colombia Non-Electric Motorcycle Two-Wheeler Market Revenues and Volume, 2017-2027F
8.2.3 Colombia Non-Electric Moped Two-Wheeler Market Revenues and Volume, 2017-2027F
8.3 Colombia Non-Electric Two-Wheeler Market Revenue and Volume Share, By Power, 2020 & 2027F
8.4 Colombia Non-Electric Two-Wheeler Market Revenues and Volume, By Power, 2017-2027F
8.4.1 Colombia Non-Electric Two-Wheeler Market Revenues and Volume, By Upto 125 CC,  2017-2027F
8.4.2 Colombia Non-Electric Two-Wheeler Market Revenues and Volume, By 125.1 to 250 CC, 2017-2027F
8.4.3 Colombia Non-Electric Two-Wheeler Market Revenues and Volume, By Above 250 CC, 2017-2027F
9. Colombia Two-Wheeler Market Overview, By Regions
9.1 Colombia Two-Wheeler Market Volume, By Regions, 2017-2027F
9.1.1 Colombia Andean Region Two-Wheeler Market Volume, 2017-2027F
9.1.2 Colombia Caribbean Region Two-Wheeler Market Volume, 2017-2027F
9.1.3 Colombia Pacific Region Two-Wheeler Market Volume, 2017-2027F
9.1.4 Colombia Orinoco Region Two-Wheeler Market Volume, 2017-2027F
9.1.5 Colombia Amazon Region Two-Wheeler Market Volume, 2017-2027F
9.1.6 Colombia Insular Region Two-Wheeler Market Volume, 2017-2027F
10. Colombia Two-Wheeler Market Key Performance Indicators
11. Colombia Two-Wheeler Market Opportunity Assessment
11.1 Colombia Two-Wheeler Market Opportunity Assessment, By Product Types, 2027F
11.2 Colombia Two-Wheeler Market Opportunity Assessment, By Regions, 2027F
12. Colombia Two-Wheeler Market Competitive Landscape 
12.1 Colombia Two-Wheeler Market Volume Share, By Brands, 2020
12.1.1 Colombia Non-Electric Two-Wheeler Market Volume Share, By Brands, 2020
12.1.2 Colombia Electric Two-Wheeler Market Volume Share, By Brands, 2020
12.2 Colombia Two-Wheeler Market Volume, By Models, 2019 & 2020
12.3 Colombia Two-Wheeler Market Competitive Benchmarking, By Operating Parameters
12.4 Colombia Two-Wheeler Market Competitive Benchmarking, By Technical Parameters
13. Company Profiles
13.1 Yamaha Motor Co. Ltd
13.2 Bajaj Auto Ltd.
13.3 Honda Motor Co. Ltd.
13.4 Suzuki Motor Corporation
13.5 Colombiana De Comercio SA
13.6 TVS Motor Company Ltd.
13.7 Hero Motocorp Limited
13.8 Auteco Mobility SAS
13.9 BMW AG
13.10 Sanyang Motor Co. Ltd.
14. Key Strategic Recommendations
15. Disclaimer
List of Figures
Figure 1. Colombia Two-Wheeler Market Revenues and Volume, 2017-2027F ($ Million, Thousand Units)
Figure 2. Colombia Two-Wheeler Market Revenue Share, By Product Types, 2020 & 2027F
Figure 3. Colombia Two-Wheeler Market Volume Share, By Product Types, 2020 & 2027F
Figure 4. Colombia Two-Wheeler Market Volume Share, By Regions, 2020 & 2027F
Figure 5. Colombia Number of Registered Units of Electric Vehicles, 2016-2020
Figure 6. Colombia Electric Two-Wheeler Market Revenue Share, By Types, 2020 & 2027F
Figure 7. Colombia Electric Two-Wheeler Market Volume Share, By Types, 2020 & 2027F
Figure 8. Colombia Electric Two-Wheeler Market Revenue Share, By Battery Type, 2020 & 2027F
Figure 9. Colombia Electric Two-Wheeler Market Volume Share, By Battery Type, 2020 & 2027F
Figure 10. Colombia Non-Electric Two-Wheeler Market Revenue Share, By Types, 2020 & 2027F
Figure 11. Colombia Non-Electric Two-Wheeler Market Volume Share, By Types, 2020 & 2027F
Figure 12. Colombia Non-Electric Two-Wheeler Market Revenue Share, By Power, 2020 & 2027F
Figure 13. Colombia Non-Electric Two-Wheeler Market Volume Share, By Power, 2020 & 2027F
Figure 14. Colombia Number of Registered Units of Vehicle, 2020 & 2021E
Figure 15. Colombia Number of Registered Units of Motorcycle, 2019-2021
Figure 16. Department-wise Electric Two-Wheeler Andean Region’s Volume Sales (No. of Units), 2019 vs 2020
Figure 17. Department-wise Electric Two-Wheeler Caribbean Region’s Volume Sales (No. of Units), 2019 vs 2020
Figure 18. Department-wise Electric Two-Wheeler Amazon Region’s Volume Sales (No. of Units), 2019 vs 2020
Figure 19. Department-wise Electric Two-Wheeler Orinoco Region’s Volume Sales (No. of Units), 2019 vs 2020
Figure 20. Department-wise Electric Two-Wheeler Pacific Region’s Volume Sales (No. of Units), 2019 vs 2020
Figure 21. Department-wise Electric Two-Wheeler Insular Region’s Volume Sales (No. of Units), 2019 vs 2020
Figure 22. Colombia Electric Two-Wheeler Consumer’s Living Situation, 2020
Figure 23. Colombia Two-Wheeler Market Opportunity Assessment, By Product Types, 2027F
Figure 24. Colombia Two-Wheeler Market Opportunity Assessment, By Regions, 2027F
Figure 25. Colombia Non-Electric Two-Wheeler Market Volume Share, By Brands, 2020
Figure 26. Colombia Electric Two-Wheeler Market Volume Share, By Brands, 2020
Figure 27. Colombia Age-wise Population Distribution (in %), as of 2020
Figure 28. Colombia Urbanization Rate (in %), 2017-2020
List of Tables
Table 1. Colombia Two-Wheeler Market Revenues, By Product Types, 2017-2027F ($ Million)
Table 2. Colombia Two-Wheeler Market Volume, By Product Types, 2017-2027F (Thousand Units)
Table 3. Top Selling Electric Two-Wheeler Models in Colombia with Specifications, 2020
Table 4. Colombia Electric Two-Wheeler Market Revenues, By Types, 2017-2027F ($ Million)
Table 5. Colombia Electric Two-Wheeler Market Volume, By Types, 2017-2027F (Thousand Units)
Table 6. Colombia Electric Two-Wheeler Market Revenues, By Battery Type, 2017-2027F ($ Million)
Table 7. Colombia Electric Two-Wheeler Market Volume, By Battery Type, 2017-2027F (Thousand Units)
Table 8. Colombia Non-Electric Two-Wheeler Market Revenues, By Types, 2017-2027F ($ Million)
Table 9. Colombia Non-Electric Two-Wheeler Market Volume, By Types, 2017-2027F (Thousand Units)
Table 10 Colombia Non-Electric Two-Wheeler Market Revenues, By Power, 2017-2027F ($ Million)
Table 11. Colombia Non-Electric Two-Wheeler Market Volume, By Power, 2017-2027F (Thousand Units)
Table 12. Colombia Two-Wheeler Market Volume, By Regions, 2017-2027F (Thousand Units)
Table 13. Model-wise Electric Two-Wheeler Volume Sales in Colombia (No. of Units) and Year-on-Year Change (in %) , 2019 vs 2020

North America Two Wheeler Market (2021-2027): Market Forecast By Countries (United States, Canada), By Vehicle Type (Motorcycle, Scooter/Moped), By Engine Capacity (Up To 125cc, 126-250cc, 251-500cc, Above 500cc) And Competitive Landscape

Latin America Two Wheeler Market (2021-2027): Market Forecast By Countries (Brazil, Mexico, Argentina, Rest Of Latin America), By Vehicle Type (Motorcycle, Scooter/Moped), By Engine Capacity (Up To 125cc, 126-250cc, 251-500cc, Above 500cc) And Competitive Landscape

Europe Two Wheeler Market (2021-2027): Market Forecast By Countries (Germany, United Kingdom, France, Italy, Russia, Spain, Rest Of Europe), By Vehicle Type (Motorcycle, Scooter/Moped), By Engine Capacity (Up To 125cc, 126-250cc, 251-500cc, Above 500cc) And Competitive Landscape

Asia Pacific Two Wheeler Market (2021-2027): 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

Middle East Two Wheeler Market (2021-2027): Market Forecast By Countries (Saudi Arabia, UAE, Qatar, Kuwait, Oman, Bahrain, And Turkey), By Vehicle Type (Motorcycle, Scooter/Moped), By Engine Capacity (Up To 125cc, 126-250cc, 251-500cc, Above 500cc) And Competitive Landscape

Africa Two-Wheeler Market (2021-2027): Market Forecast By Countries (South Africa, Nigeria, Kenya, Rest Of Africa), By Vehicle Type (Motorcycle, Scooter/Moped), By Engine Capacity (Up To 125cc, 126-250cc, 251-500cc, Above 500cc) And Competitive Landscape

 
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