Market Forecast By Vehicle Type (Motorcycle, Scooter/Moped), By Engine Capacity (Up to 125cc, 126-250cc, 251-500cc, Above 500cc) And Competitive Landscape
Product Code: ETC014888 | Publication Date: Jun 2023 | Updated Date: Mar 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
South Africa Two Wheeler market currently, in 2023, has witnessed an HHI of 1798, Which has decreased slightly as compared to the HHI of 1858 in 2017. The market is moving towards moderately competitive. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
Report Name | South Africa Two Wheeler Market |
Forecast period | 2025-2031 |
CAGR | 7.2% |
Growing Sector | Automobile |
South Africa Two Wheeler Market report thoroughly covers the market by Vehicle Types and by Engine Capacity. 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.
South Africa Two Wheeler Market is characterized by increasing adoption of motorcycles and scooters as cost-effective and efficient means of transportation. Factors such as rising fuel prices, urban congestion, and a growing preference for personal mobility solutions are driving the market's expansion. Additionally, manufacturers are introducing innovative models with enhanced fuel efficiency and advanced features to cater to diverse consumer needs, further propelling market growth. This sector also benefits from increasing demand in both urban and rural areas, where two-wheelers serve as practical solutions for commuting and transportation.
According to 6Wresearch, the South Africa Two Wheeler Market is expected to grow at a CAGR of 7.2% during the forecast period 2025-2031. One of the primary drivers is the increasing demand for affordable and fuel-efficient transportation options, especially in urban areas where traffic congestion is a significant concern. Two-wheelers, such as motorcycles and scooters, provide cost-effective solutions for daily commuting, appealing to middle-income earners and younger consumers. Additionally, the rise of e-commerce and delivery services has further contributed to the demand, as companies require efficient vehicles to ensure swift and reliable last-mile deliveries. The market has also benefited from advancements in technology, such as the development of electric two-wheelers, which offer a more environmentally friendly alternative and address the growing push for sustainable transportation solutions.
However, the South Africa Two Wheeler Industry also faces several challenges that could hinder its growth. Economic instability and fluctuating exchange rates in South Africa impact the affordability of two-wheelers, particularly for imported models. Additionally, the lack of comprehensive infrastructure for electric two-wheelers, such as charging stations, poses a challenge to the widespread adoption of these vehicles. Road safety concerns and limited driver training programs further deter potential buyers, as safety remains a key consideration for consumers. Despite these obstacles, continued investment in infrastructure, policy support for electric vehicles, and targeted awareness campaigns could mitigate these challenges and help drive sustained growth in the South African two-wheeler market.
South Africa Two Wheeler Market has seen significant growth in recent years, driven by rising urbanization, increasing fuel prices, and the cost-effectiveness of scooters and motorcycles. These vehicles are becoming a popular mode of transport, especially in congested urban areas, due to their affordability and ability to maneuver through traffic with ease. Another notable trend is the growing demand for electric two-wheelers as consumers seek environmentally friendly and energy-efficient alternatives. Additionally, advancements in technology, including features like smartphone connectivity, enhanced safety systems, and improved fuel efficiency, are reshaping consumer preferences. The market is also being influenced by younger demographics, who view two-wheelers as both a practical and stylish commuting option.
South Africa Two Wheeler Market presents a range of lucrative investment opportunities, stemming from its growing consumer base and evolving transportation needs. Investors can explore multiple avenues such as manufacturing, distribution networks, and the development of electric two-wheeler infrastructure. There is also potential in financing solutions, as an increasing number of lower and middle-income segments might require accessible financing options to own two-wheelers. Furthermore, as the adoption of sustainable technologies rises, engaging in the production and promotion of electric bikes and scooters could yield significant returns. The integration of after-sales services and spare part supply chains also represents a promising opportunity for businesses looking to establish a lasting footprint in this dynamic market.
South Africa Two Wheeler Market is characterized by the presence of several key players that dominate the industry. Among these are international brands such as Honda, Yamaha, and Suzuki, which are renowned for their durable and versatile motorcycle models catering to both urban commuters and adventure enthusiasts. Additionally, Bajaj and TVS Motors from India have gained significant market share due to their cost-effective and reliable offerings, particularly in the entry-level and commuter bike segments. Local distributors and assembly operations also play a crucial role in delivering tailored two-wheeler solutions to meet the unique demands of the South African market, ensuring high availability and efficient after-sales support.
To promote sustainable mobility and reduce carbon emissions, the government of South Africa has implemented various initiatives and regulations in the two-wheeler market. These include tax incentives for electric vehicle purchases, subsidies for electric charging infrastructure, and stricter emission standards for conventional vehicles. The government has also introduced measures to improve road safety, such as mandatory helmet use, licensing requirements, and periodic vehicle inspections.
One notable example of government regulation in South Africa's two-wheeler market is the Green Transport Strategy, which aims to reduce greenhouse gas emissions by encouraging the use of electric and hybrid vehicles. Under this strategy, consumers purchasing electric two-wheelers can benefit from tax rebates and reduced import duties. Another example is the introduction of mandatory roadworthiness tests for motorcycles, ensuring that vehicles meet safety and environmental standards before being allowed on the road. Additionally, the government has mandated the use of Bureau of Standards-certified helmets to enhance rider safety and reduce fatalities in the event of accidents.
South Africa Two Wheeler Market is poised for significant growth, driven by increasing urbanization, rising fuel prices, and a demand for cost-effective transportation solutions. With advancements in technology, the market is expected to see a surge in electric two-wheelers, aligning with global trends toward sustainability and reduced emissions. Furthermore, government initiatives promoting green mobility and infrastructure development for electric vehicles are anticipated to play a key role in shaping the future of the industry. Companies focusing on innovation and affordability are likely to gain a competitive edge in this evolving landscape.
The report offers a comprehensive study of the subsequent market segments and their leading categories.
According to Ayushi, Senior Research Analyst, 6Wresearch, motorcycles hold the largest share in South Africa two wheeler market, driven by their affordability, durability, and adaptability to a variety of terrains, including rural and off-road areas. Scooters are also gaining popularity, particularly in urban centres, where consumers prefer their convenience, ease of handling, and low operating costs for daily commuting.
Two-wheelers with engine capacities up to 125cc are expected to lead the South Africa Two Wheeler Market Share due to their cost effectiveness, fuel efficiency, and suitability for navigating both urban and rural roads. The 126-250cc segment is witnessing steady growth, appealing to riders who seek a balance between performance and modern styling. The 251-500cc segment serves a more niche demographic, while two-wheelers above 500cc are favoured by high-end users and motorcycle enthusiasts looking for premium features and adventure-ready performance.
The report offers a comprehensive study of the subsequent 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 South Africa Two Wheeler Market Overview |
3.1 South Africa Country Macro Economic Indicators |
3.2 South Africa Two Wheeler Market Revenues & Volume, 2021 & 2031F |
3.3 South Africa Two Wheeler Market - Industry Life Cycle |
3.4 South Africa Two Wheeler Market - Porter's Five Forces |
3.5 South Africa Two Wheeler Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
3.6 South Africa Two Wheeler Market Revenues & Volume Share, By Engine Capacity, 2021 & 2031F |
4 South Africa Two Wheeler Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 South Africa Two Wheeler Market Trends |
6 South Africa Two Wheeler Market Segmentations |
6.1 South Africa Two Wheeler Market, By Vehicle Type |
6.1.1 Overview and Analysis |
6.1.2 South Africa Two Wheeler Market Revenues & Volume, By Motorcycle, 2021-2031F |
6.1.3 South Africa Two Wheeler Market Revenues & Volume, By Scooter/Moped, 2021-2031F |
6.2 South Africa Two Wheeler Market, By Engine Capacity |
6.2.1 Overview and Analysis |
6.2.2 South Africa Two Wheeler Market Revenues & Volume, By Up to 125cc, 2021-2031F |
6.2.3 South Africa Two Wheeler Market Revenues & Volume, By 126-250cc, 2021-2031F |
6.2.4 South Africa Two Wheeler Market Revenues & Volume, By 251-500cc, 2021-2031F |
6.2.5 South Africa Two Wheeler Market Revenues & Volume, By Above 500cc, 2021-2031F |
7 South Africa Two Wheeler Market Import-Export Trade Statistics |
7.1 South Africa Two Wheeler Market Export to Major Countries |
7.2 South Africa Two Wheeler Market Imports from Major Countries |
8 South Africa Two Wheeler Market Key Performance Indicators |
9 South Africa Two Wheeler Market - Opportunity Assessment |
9.1 South Africa Two Wheeler Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
9.2 South Africa Two Wheeler Market Opportunity Assessment, By Engine Capacity, 2021 & 2031F |
10 South Africa Two Wheeler Market - Competitive Landscape |
10.1 South Africa Two Wheeler Market Revenue Share, By Companies, 2024 |
10.2 South Africa Two Wheeler Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |