India Gasoline Scooter and Motorcycle Market 2018 to Witness Excellent Long-Term Growth Outlook

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The growth of the Indian gasoline scooter and motorcycle market is majorly driven by the development of autonomous vehicles and increasing focus towards reducing the operating cost of transportation.



 Of all categories, 100–125cc was the largest category in the Indian gasoline scooter and motorcycle market, with more than 70.0% sales volume share in 2017 because of its high demand. This category is more preferred by the buyers as it provides an optimum balance between price and power output of the two-wheeler. Shift in the preferences of urban commuters from lower powered <100cc two-wheelers to 100–125cc category is also benefiting the growth of 100–125cc category.

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 Additionally, the growing demand for motorcycles such as TVS Motor’s Apache range, Honda’s 160cc CB Unicorn, Bajaj Auto’s Pulsar range, CB Hornet 160R, Suzuki’s Gixxer series is further contributing to the growth of motorcycle market.

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 A significant base of commercial and industrial enterprise has emerged in tier 2 and 3 cities, due to availability of cheaper land, which is promoting the overall growth. This has helped some of the tier 2 and tier 3 cities to emerge as some major commercial and industrial hubs in the country. With the economic development of these cities, the demand for personal mobility solutions has also grown significantly, thereby driving the Indian gasoline scooter and motorcycle market.

 Some of the major players operating in the Indian gasoline scooter and motorcycle market are Hero MotoCorp Ltd., Honda Motorcycle and Scooter India Pvt. Ltd, Bajaj Auto Ltd, TVS Motor Company Limited., Yamaha Motor India Pvt. Ltd., Royal Enfield Ltd India, Suzuki Motorcycle India Pvt. Ltd., Mahindra Two Wheelers Limited, KTM AG, and Piaggio & C. SpA.

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