Brazil two wheeler market is projected
to grow at a CAGR of over 9% during the forecast period, on account of
increasing traffic congestion and rising demand for connectivity in mid-sized
and smaller cities. Brazil is the largest two-wheeler market in South America and
ranks under top 10 in global two wheeler market. Brazil two wheeler market
registered sluggish growth in 2014 due to economic crisis. However, the market
is expected to witness extensive growth in the next five years, backed by
growing demand for two wheelers and extensive offerings by various companies
operating in the space. Rising disposable income, growing population and lack
of proper public transport are expected to positively influence the market in
coming years.
Brazil two wheeler market can be
segmented based on vehicle type, engine capacity and region. On the basis of vehicle
type, the market can be segmented into motorcycle, moped/scooter and electric
two wheeler. Motorcycle is the dominating segment in the market, as it has high
fuel efficiency with better handling when compared with their counterparts.
However, inclination towards electric two wheeler is increasing due to growing environmental
concerns. On the basis of engine capacity, the market can be segmented into
less than 100cc, 100-125cc, 126-250cc, 250-500cc and more than 500cc. Of these,
100-125cc segment is witnessing extensive adoption among riders due to cost
efficiency and better fuel economy.
In terms of regional analysis, the
market can be segmented into north region, south region, east region and west
region. Relative affordability, easy maneuverability and lower emissions are
driving the two-wheeler market in Brazil.
Major players operating in the country’s
two-wheeler market include Moto Honda da Amazônia, Ltda.,
Triumph Motorcycles Ltd., Harley Davidson Inc., Yamaha Motor do Brasil Ltda.,
Dafra Motos, Suzuki Motor Corp., Bayerische Motoren Werke AG and Kawasaki
Motors Corp. Major companies are developing advanced technologies and launching
new products in order to stay competitive in the market. Other competitive
strategies include mergers & acquisitions and new product developments. Honda
offers a wide range of motorcycle and scooter models in the Brazilian market to
maintain its commanding share. Consequent to which, the company was able to
grab a volume share of over 80% in 2018 in Brazil. Moreover, the company’s
share is further expected to rise in the country during the forecast period.
Objective of the
Study:
- To analyze and forecast Brazil two wheeler
market size.
- To classify and forecast Brazil two wheeler
market based on vehicle type, engine capacity and regional distribution.
- To identify drivers and challenges for Brazil
two wheeler market.
- To examine competitive developments such as
expansions, new product launches, mergers & acquisitions, etc., in Brazil
two wheeler market.
- To conduct the pricing analysis for Brazil two
wheeler market.
- To identify and analyze the profile of leading
players operating in Brazil two wheeler market.
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TechSci Research performed both primary as well as
exhaustive secondary research for this study. Initially, TechSci Research
sourced a list of two-wheeler companies across the country. Subsequently,
TechSci Research conducted primary research surveys with the identified
companies. While interviewing, the respondents were also enquired about their
competitors. TechSci Research analyzed the product offerings, distribution
channels and presence of all major two-wheeler companies across the country.
TechSci Research calculated Brazil two-wheeler market using a bottom-up approach, where data for various end-user
segments was recorded and forecast for the future years. TechSci Research
sourced these values from the industry experts and company representatives and
externally validated through analyzing historical data of these product types
and applications for getting an appropriate, overall market size. Various
secondary sources such as company websites, news articles, press releases,
company annual reports, investor presentations and financial reports were also studied
by TechSci Research.
Key Target Audience:
- Two Wheeler Manufacturers
- Automotive OEMs
- Two-Wheeler Component
Manufacturers
- Traders, Distributors and
Suppliers
- Research organizations and
consulting companies
- Government bodies such as
regulating authorities and policy makers
- Organizations, forums and
alliances related to two-wheeler market
The study is useful in providing answers
to several critical questions that are important for industry stakeholders such
as two-wheeler companies and partners, end users, etc., besides allowing them
in strategizing investments and capitalizing on market opportunities.
Attribute
|
Details
|
Base Year
|
2022
|
Historical Years
|
2018 – 2021
|
Estimated Year
|
2023E
|
Forecast Period
|
2024F – 2028F
|
Quantitative Units
|
Revenue in USD Million, Volume in Units and CAGR for 2018-2022
and 2023E-2028F
|
Report Coverage
|
Revenue forecast, volume forecast, company share, competitive
landscape, growth factors, and trends
|
Segments Covered
|
·
Vehicle type
·
Engine Capacity
|
Region Scope
|
North Region, South Region, East Region, West Region
|
Key Companies Profiled
|
Moto Honda da Amazônia, Ltda., Triumph Motorcycles Ltd.,
Harley Davidson Inc., Yamaha Motor do Brasil Ltda., Dafra Motos, Suzuki Motor
Corp., Bayerische Motoren Werke AG and Kawasaki Motors Corp.
|
Customization Scope
|
10% free report customization with purchase. Addition or
alteration to regional & segment scope.
|
Pricing and Purchase Options
|
Avail customized purchase options to meet your exact research
needs. Explore purchase
options
|
Delivery Format
|
PDF and Excel through Email
(We can also provide the editable version of the report in PPT/Word format on
special request)
|
Report Scope:
In this report, Brazil two wheeler market has
been segmented into following categories, in addition to the industry trends
which have also been detailed below:
- Brazil Two Wheeler Market, by Vehicle Type:
- Brazil Two Wheeler Market, by Engine Capacity:
- <100cc
- 100-125cc
- 126-250cc
- 250-500cc
- >500cc
- Brazil Two
Wheeler Market, by Region:
- North Region
- South Region
- East Region
- West Region
Competitive Landscape
Company Profiles: Detailed analysis of the
major companies present in Brazil two wheeler Market.
Available
Customizations:
With the given market data, TechSci
Research offers customizations according to a company’s specific needs. The
following customization options are available for the report:
Company Information
- Detailed analysis and
profiling of additional market players (up to five).
It is an upcoming report to be released
soon. If you wish an early delivery of this report or want to confirm the date
of release, please contact us at [email protected]