Two-Wheeler Market to Grow with a CAGR of 4.12% in UAE through to 2028
The UAE Two-Wheeler Market is primarily driven by the
increasing urbanization and traffic congestion, which boost the demand for
agile and efficient modes of transportation. Additionally, the youthful
demographics of the country, with a preference for cost-effective and stylish
mobility solutions, further propel the growth of the two-wheeler market.
According to TechSci Research report, “UAE Two-Wheeler
Market - Industry Size, Share, Trends, Competition Forecast &
Opportunities, 2028”, the UAE Two-Wheeler Market stood at USD 145 Million
in 2022 and is anticipated to grow with a CAGR of 4.12% in the forecast period,
2024-2028. The UAE Two-Wheeler Market is being driven by several factors.
Firstly, there is a rising popularity of motorbikes among tourists who visit
the country for recreational activities. This trend is fueled by the scenic
landscapes and beautiful roads that make riding a motorbike a thrilling
experience. Secondly, the increasing traffic congestion in major cities like
Dubai and Abu Dhabi has led to a growing preference for two-wheelers as a
convenient mode of transport. Motorbikes offer the advantage of maneuvering
through traffic more easily and finding parking spaces more readily. Moreover, the market is also driven by the
growing youth population in the UAE, which has a high disposable income. This
demographic group is particularly inclined towards luxury and premium
motorbikes, seeking both style and performance. The demand for high-end
motorbikes is further supported by the UAE's reputation as a hub for luxury and
extravagant lifestyles. Furthermore, the UAE government has taken proactive
initiatives for the development of infrastructure for electric two-wheelers.
This includes the installation of charging stations and the implementation of
supportive policies to encourage the adoption of electric vehicles. These
efforts contribute to the overall growth of the two-wheeler market, as they
address concerns related to sustainability and environmental impact. With these
drivers in place, the UAE Two-Wheeler Market is expected to witness significant
growth in the coming years. The combination of recreational appeal, convenience,
luxury demand, and government support creates a favorable environment for the
market to thrive and expand.
Browse over 26 market data Figures spread
through 91 Pages and an in-depth TOC on "UAE Two-Wheeler Market”
The UAE Two-Wheeler Market is a thriving and rapidly
expanding sector within the country's transportation industry. With a diverse
range of motorcycles, scooters, and electric two-wheelers, this market has
experienced remarkable growth and witnessed noteworthy advancements and trends
in recent years. The increasing popularity of electric two-wheelers, for
instance, has contributed to the market's sustainability efforts and the
promotion of eco-friendly transportation options. As the UAE continues to invest
in infrastructure developments and urban mobility solutions, the Two-Wheeler
Market is poised to play a crucial role in shaping the future of transportation
in the region.
The UAE Two-Wheeler Market has been experiencing
steady growth due to various factors, including urbanization, traffic
congestion, and changing consumer preferences. It is a dynamic market with
substantial potential for further expansion. While the market size is
relatively smaller compared to some other regions, it is characterized by
robust demand. With the UAE's rapidly growing urban centers, there is
a growing demand for urban mobility solutions that offer convenience and
efficiency. Two-wheelers, particularly motorcycles and scooters, have gained
popularity as practical means of transportation within cities. Their
maneuverability and ease of parking make them an ideal choice for navigating
congested city streets and finding parking in crowded areas.
Sustainability is a significant driver in the UAE
Two-Wheeler Market. With a strong focus on reducing carbon emissions and
promoting eco-friendly transportation options, electric motorcycles and
scooters are becoming increasingly popular. The adoption of electric
two-wheelers aligns with the UAE's commitment to environmental conservation and
cleaner transportation solutions.
The UAE's
affluent population and a strong preference for luxury vehicles extend to the
two-wheeler market. There is a thriving segment for premium and
high-performance motorcycles from renowned international brands. Consumers in
the UAE seek advanced and high-end models, resulting in a growing market for
premium two-wheelers.
Shared mobility solutions, including motorcycle and
scooter rentals, have gained traction in the UAE. Tourists, residents, and
commuters are increasingly using app-based rental platforms to access
two-wheelers for short journeys. This trend reflects the broader global shift
toward shared mobility and on-demand transportation services.
Safety is a
paramount concern in the UAE Two-Wheeler Market. Manufacturers are
incorporating advanced safety features, including anti-lock braking systems
(ABS), traction control, and rider assistance systems, to enhance rider safety
and reduce accidents. Riders in the UAE are increasingly opting for motorcycles
and scooters equipped with these safety enhancements.
Personalization and customization have become
significant trends within the UAE Two-Wheeler Market. Enthusiasts seek unique
and bespoke options that reflect their individual style and preferences. This
trend extends to aesthetic modifications, performance upgrades, and the
thriving aftermarket parts and accessories market.
The UAE's regulatory environment plays a pivotal role
in shaping the Two-Wheeler Market. Licensing requirements, safety regulations,
and road infrastructure development all influence market dynamics. The
government's initiatives to enhance road safety and promote responsible
two-wheeler use are critical factors in market growth.
In conclusion, the UAE Two-Wheeler Market is
characterized by its growth potential, emphasis on urban mobility solutions,
shift toward electric vehicles, demand for premium models, the emergence of
shared mobility services, a focus on safety and advanced features, and a strong
inclination toward customization. These trends highlight the market's dynamism
and the adaptability of industry players to meet the evolving needs and
preferences of consumers in the UAE.
Major companies operating in UAE Two-Wheeler Market
are:
- Sociedad
Comercial Gildemeister S.A.
- Suzuki
Motor de UAE SPA
- Yamaha
Motor UAE Ltda.
- Kawasaki
Motors UAE Ltda.
- Harley-Davidson
UAE SPA
- KTM
UAE SPA
- Husqvarna
Motorcycles UAE SPA
- MV
Agusta UAE SPA
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“The major drivers for the UAE Two-Wheeler Market
include the rising popularity of motorbikes among tourists for recreational
activities and increased traffic congestion promoting the use of two-wheelers
as a convenient mode of transport. Furthermore, the growing youth population
with high disposable income is pushing the demand for luxury and premium
motorbikes. In addition, the initiatives taken by the UAE government for the
development of infrastructure for electric two-wheelers are also expected to
aid in the market growth.” said Mr. Karan Chechi, Research Director with
TechSci Research, a research-based management consulting firm.
“UAE Two-Wheeler Market – UAE
Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028, Segmented Market By Vehicle Type (Scooter/Moped,
Motorcycle), By Propulsion Type (ICE and Electric), By Region, Competition”, has evaluated the future growth potential of UAE Two-Wheeler
Market and provides statistics & information on market size, structure and
future market growth. The report intends to provide cutting-edge market
intelligence and help decision makers take sound investment decisions. Besides,
the report also identifies and analyzes the emerging trends along with
essential drivers, challenges, and opportunities in UAE Two-Wheeler Market.
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