1. Market Research
  2. > Automotive
  3. > Motor Vehicle
  4. > Motorcycle Market Trends
India Used Two Wheelers Market Outlook to 2023 – By Unorganized and Organized Sector, By C2C and B2C Distribution Channel, By Stock Piece and Customized Two Wheelers; By Motorcycles and Scooters

India Used Two Wheelers Market Outlook to 2023 – By Unorganized and Organized Sector, By C2C and B2C Distribution Channel, By Stock Piece and Customized Two Wheelers; By Motorcycles and Scooters

  • September 2018
  • 174 pages
  • ID: 5741260
  • Format: PDF
  • By Ken Research Private Limited

Summary

Table of Contents

India Used Two Wheelers Market Outlook to 2023 – By Unorganized and Organized Sector, By C2C and B2C Distribution Channel, By Stock Piece and Customized Two Wheelers; By Motorcycles and Scooters

The report titled "India Used Two Wheelers Market Outlook to 2023 – By Unorganized and Organized Sector, By C2C and B2C Distribution Channel, By Stock Piece and Customized Two Wheelers; By Motorcycles and Scooters" provides a comprehensive analysis of pre-owned two wheelers services in India. The report focuses on sales volume, industry revenue, segmentation by unorganized and organized sector, by C2C and B2C distribution channel, by stock piece and customized two wheelers, by source of manufacturing of two wheelers (domestically manufactured and imported bikes), by type of two wheelers (motorcycles and scooters), by engine capacity of two wheelers (100-110cc, 125-135cc, 150-200cc and others), by average ownership of two wheelers (3-4 years, 4-5 years, 5-6 years and others), by manufacturer of two wheelers (Hero, Bajaj, Honda and others), by body type of two-wheelers (commuter, scooter, sports and others), by certification of two-wheelers (non-certified and certified) and by financing of two-wheelers (non-financed and financed). The report also covers the overall competitive landscape; government role and regulations, growth restraints, drivers, trends and developments. The report concludes with market projections for future for the market described above highlighting the major opportunities and challenges.

India Used Two Wheelers Market Overview and Size

India is the largest producer and manufacturer of two wheelers in the world followed by the Republic of China. Rising fuel prices is one of the primary growth drivers for two-wheelers due to their higher fuel efficiency. In India, commuters across all age groups use motorized vehicles, especially two wheelers owing to the escalating population and rapid increase in traffic congestion, thereby making two wheelers as the most appropriate and convenient mode of transportation in urban areas. The market has attained speedy growth over the period of five years from FY’2013 to FY’2018. The demand for used two wheelers has seen a constant rise over the past few years, especially from models like Honda Activa, Aviator, TVS Jupiter, Bajaj Pulsar and Discover. Even in terms of exports, two-wheelers produced in India are the proud products of the "Make-in-India" initiative where nearly 7 in 10 automobiles delivered out of India are two-wheelers.

India Used Two Wheelers Market Segmentation
By Market Structure

In FY’2018 the sales volume through the unorganized sector is generated through individual sellers, local dealers/mechanics and small dealerships which collectively contributed to a majority of the proportion in the overall used two wheelers market. On the other hand organized sector was observed to capture the remaining volume share in the FY’2018.

By Distribution Channel

Due to low awareness regarding the existence of organized online and offline players, the majority of transactions conducted in the market are through C2C or offline B2C channel. The C2C channel controlled a major proportion of the total sales volume in the used two-wheeler market during the FY’2018.

By Type of Two Wheelers

India used two wheelers market was continuously dominated by motorcycles with a massive volume share during FY’2018. This is because male riders travelling a longer distance still prefer motorbikes instead of a scooter due to larger engine and greater mileage offered by motorcycles. On the other hand, gearless scooters are trending in the country, especially among female population.

By Engine Capacity

On the basis of engine capacity of two-wheelers, it has been observed that used bikes with 100-110 cc engine capacity have been mostly purchased by buyers. On the other hand, engine capacities with 125-135 cc, 150-200 cc and others have been gaining traction in India.

By Average Ownership Period of Used Two Wheelers

The buying behavior of Indians has witnessed changes over the review period majorly due to a reduction in the ownership period of two wheelers by the owners. It has been observed that presently, Indians mostly use a two-wheeler for at least a period of three to five years before disposing it off.

By Manufacturer of Two Wheelers

The Indian used two wheeler market is dominated by Hero which is also the global leader and largest player in the new two-wheeler market. The company caters to a wide consumer base and has segmented its market on the basis of income and age group. Other players including Bajaj, Honda, Yamaha, TVS and Suzuki have been able to contribute the remaining sales volume in India used two wheelers markets during the FY’2018.

By Body Type of Two Wheelers

The category of commuter bikes such as Hero Splendor, Bajaj Discover, and Honda CB Twister contributed to a dominant volume share of used two-wheelers during the FY’2018. The next popular vehicle category in the used-two wheeler space in India has been scooters.

Competitive Landscape in India Used Two Wheelers Market
In the FY’2017, majority of the used two wheelers market in terms of sales volume was observed to be highly unorganized thereby constituting individual sellers, local mechanics and small dealerships. On the other hand, the market constitutes of the organized players like Droom, CredR, BikeDekho.com, BikeWale.com, Mahindra First Choice Wheels Limited (MFCWL), BikersHighway and others.

The online used two wheeler market has been emerging along with the rise in the popularity of E-commerce platforms in the country. Growth of online advertising has fuelled the rise of online classified platforms such as OLX, Quikr, Gaadi.com and others have revolutionized the way in which pre-owned vehicles have been sold in the country. The online used two-wheelers market in India has seen year on year growth during the FY’2018.

Future Outlook and Projections
It is anticipated that the used two wheelers market in India will continue to grow in the coming years as used vehicles are much cheaper to purchase than a new one. Projections for the future suggest that the overall market for used two wheelers in India is likely to showcase a vibrant growth in terms of sales volume in FY’2023E. Individuals mostly in smaller cities and towns who wish to own a vehicle begin with buying a second hand two-wheeler to get hold of it. In addition, local dealers who have been facing tough competition from the online classifieds will be seen associating with the online players to reach out to greater audiences.

Key Segments Covered

Market Structure

Unorganized Sector

Organized Sector

Distribution Channel

C2C

B2C

Stock Piece and Customized Two Wheelers

Source of Manufacturing of Two Wheelers

Domestically Manufactured

Imported Bikes

Type of Two Wheelers

Motorcycles

Scooters

Engine Capacity of Two Wheelers

100-110cc

125-135cc

150-200cc

Others (Above 200cc)

Average Ownership Period of Two Wheelers

3-4 Years

4-5 Years

5-6 Years

Others

Manufacturer of Two Wheelers

Hero

Bajaj

Honda

Others (TVS and Yamaha)

Body Type of Two Wheelers

Commuter

Scooter

Sports

Others (Off-roading bikes, super bikes and cruiser bikes)

Certification of Two Wheelers

Non-Certified

Certified

Financing of Two Wheelers

Non-Financed

Financed

Key Target Audience

Automobile Companies

Two Wheeler Companies

Online Classifieds

Time Period Captured in the Report

Historical Period - FY’2013-FY’2018

Forecast Period - FY’2018-FY’2023E

Companies Covered

Droom

Honda Best Deal

CredR

Bikes4Sale

BikersHighway

Mahindra First Choice

Key Topics Covered in the Report

Executive Summary

Research Methodology

India Used Two Wheelers Market Overview and Genesis

Business Models Prevalent in India Used Two Wheelers Market

India Used Two Wheelers Market Size, FY’2013-FY’2018

Replacement Cycle for Two Wheelers in India Compared to Other Asian Countries (China and Japan)

India Used Two Wheelers Market Segmentation, FY’2013-FY’2018

Ownership Transfer Registration for Used Two Wheelers

Share of Offline and Online Used Two Wheelers Sales in Major Cities of India, FY’2018

Key Purchase Criteria for Buying a Used Two Wheeler in India

Key Sales Criteria for Selling a Used Two Wheelers in India

Trends and Developments in India Used Two Wheelers Market

Growth Restraints in India Used Two Wheelers Market

Pre-Requisites to Enter the Online Used Two Wheelers Market Space

Franchise Scenario in India Organized Used Two Wheelers Market

Government Regulations in India Used Two Wheelers Market

India Used Two Wheelers Market Customer Profile

SWOT Analysis in India Used Two Wheelers Market

Competitive Landscape in India Used Two Wheelers Market

Snapshot on India Online Used Two Wheelers Market, FY’2015 - FY’2018

India Used Two Wheelers Market Future Outlook and Projections

Analyst Recommendations in India Used Two Wheelers Market

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.
Ahmad helps you find the right report:
Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

FAQ
  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at researchadvisor@reportlinker.com to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - researchadvisor@reportlinker.com or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers
Motorcycles Global Industry Almanac 2014-2023

Motorcycles Global Industry Almanac 2014-2023

  • $ 2995
  • November 2019

Motorcycles Global Industry Almanac 2014-2023SummaryGlobal Motorcycles industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and ...

Connected Motorcycle Market by Service, Network, Calling Service, End User, Communication, Hardware And Region - Global Forecast to 2027

Connected Motorcycle Market by Service, Network, Calling Service, End User, Communication, Hardware And Region - Global Forecast to 2027

  • $ 4950
  • January 2020

The increasing focus on safety and driver assistance features is driving the growth of the connected motorcycle market.The global connected motorcycle market is projected to grow from USD 39 million in ...

Low-powered Electric Motorcycle and Scooter Market by Vehicle Type and Geography - Forecast and Analysis 2020-2024

Low-powered Electric Motorcycle and Scooter Market by Vehicle Type and Geography - Forecast and Analysis 2020-2024

  • $ 2500
  • December 2019

Global Low-powered Electric Motorcycle and Scooter Market: About this marketThis low-powered electric motorcycle and scooter market analysis considers sales from electric scooters and electric motorcycles. ...

Motorcycles Market Trends in China $ 3000 November 2019


ref:plp2018

Reportlinker.com © Copyright 2020. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on