Two-Wheeler Market Size, Share, Growth, and Forecast 2026–2034

# Two-Wheeler Market Size, Share, Growth, and Forecast 2026-2034 Market Overview: According to IMARC Group's latest research publication, "Two-Wheeler Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2026-2034", The global <a href="https://www.imarcgroup.com/electric-two-wheeler-market">electric two-wheeler market</a> size was valued at USD 44.5 Billion in 2025. Looking forward, IMARC Group estimates the market to reach USD 114.3 Billion by 2034, exhibiting a CAGR of 11.0% during 2026-2034.  This detailed analysis primarily encompasses industry size, business trends, market share, key growth factors, and regional forecasts. The report offers a comprehensive overview and integrates research findings, market assessments, and data from different sources. It also includes pivotal market dynamics like drivers and challenges, while also highlighting growth opportunities, financial insights, technological improvements, emerging trends, and innovations. Besides this, the report provides regional market evaluation, along with a competitive landscape analysis. <h2>How AI is Reshaping the Future of Two-Wheeler Market</h2> <ul> <li style="font-weight: 400;">AI-enabled rider assistance systems featuring anti-lock braking, traction control, and adaptive cruise control have become standard in premium two-wheeler segments, enhancing safety for riders globally.</li> <li style="font-weight: 400;">Machine learning algorithms analyze consumer behavior patterns, helping manufacturers develop personalized marketing strategies, with 41% of companies leveraging AI for supply chain optimization and demand forecasting.</li> <li style="font-weight: 400;">Smart connectivity features powered by AI enhance rider experience through navigation, GPS tracking, emergency assistance, and real-time diagnostics, driving an 11.35% CAGR in connectivity systems market adoption.</li> <li style="font-weight: 400;">AI-powered battery management systems optimize charging times, extend battery range, and improve overall performance, making electric two-wheelers more practical and appealing to mainstream consumers.</li> <li style="font-weight: 400;">Manufacturers are integrating AI technology into infotainment systems to achieve voice interaction and emotional interaction, taking the human-machine interface experience to a higher level with intelligent features.</li> </ul> Download a sample PDF of this report: <a href="https://www.imarcgroup.com/two-wheeler-market/requestsample">https://www.imarcgroup.com/two-wheeler-market/requestsample </a> <h2>Key Trends in the Two-Wheeler Market</h2> <ul> <li style="font-weight: 400;">Electric Revolution Accelerates: Electric two-wheelers account for 13% of global sales, with manufacturers like Honda committing to 4 million electric units annually by 2030. The segment is experiencing rapid growth driven by environmental concerns and government incentives.</li> <li style="font-weight: 400;">Intelligence Classification Standards Emerge: China Electronics Chamber of Commerce issued the world's first two-wheeler intelligence classification standard in September 2024, dividing riding intelligence into six levels (L0/L1/L1P/L2/L2P/L2U), setting benchmarks for future development.</li> <li style="font-weight: 400;">Voice-Activated Controls Gain Traction: Advanced AI voice assistants enable riders to access navigation, vehicle control, and cloud applications hands-free. Companies like Kawasaki and Yadea are integrating Cerence's AI voice technology for enhanced safety.</li> <li style="font-weight: 400;">Shared Mobility Services Expand: The electric two-wheeler sharing market is growing at 13.1% CAGR, with companies like Lime and Bird leveraging AI-powered fleet management to optimize vehicle deployment and reduce idle time.</li> <li style="font-weight: 400;">Premium Segment Thrives: Demand for large-displacement leisure motorcycles remains strong, with manufacturers introducing high-performance models featuring advanced safety technologies, GPS integration, and premium connectivity features.</li> </ul> <h2>Growth Factors in the Two-Wheeler Market</h2> <ul> <li style="font-weight: 400;">Urbanization Drives Demand: Rapid urban growth across Asia Pacific, Latin America, and Africa increases demand for affordable, efficient transportation. Two-wheelers offer practical solutions for navigating congested city streets and limited parking spaces.</li> <li style="font-weight: 400;">Rising Disposable Incomes: Economic growth in emerging markets enhances affordability and accessibility of two-wheelers. The expanding middle-class population, particularly in Asia Pacific, fuels market expansion with 70.54% regional market share.</li> <li style="font-weight: 400;">Fuel Efficiency Concerns: With escalating fuel prices, consumers seek cost-effective alternatives. Two-wheelers offer superior fuel economy, with the 100-125cc segment dominating due to its balance of power and efficiency.</li> <li style="font-weight: 400;">E-Commerce Boom Fuels Commercial Demand: Last-mile delivery requirements for food delivery and logistics services drive commercial two-wheeler adoption. The gig economy's expansion sustains demand for reliable, economical vehicles for business applications.</li> <li style="font-weight: 400;">Government Support for Electric Vehicles: Subsidies, tax incentives, and infrastructure development promote electric two-wheeler adoption. India's schemes offer substantial support per hectare, while European initiatives target sustainable mobility solutions.</li> </ul> <h2>Leading Companies Operating in the Global Two-Wheeler Industry:</h2> <ul> <li style="font-weight: 400;">Harley Davidson</li> <li style="font-weight: 400;">Hero MotoCorp Ltd.</li> <li style="font-weight: 400;">Honda Motor Co., Ltd.</li> <li style="font-weight: 400;">Suzuki Motor Corporation</li> <li style="font-weight: 400;">Yamaha Motor Co., Ltd.</li> </ul> (Please note that this is only a partial list of the key players, and the complete list is provided in the report.) <h2>Two-Wheeler Market Report Segmentation:</h2> Breakup By Type: <ul> <li style="font-weight: 400;">Scooters</li> <li style="font-weight: 400;">Mopeds</li> <li style="font-weight: 400;">Motorcycle</li> <li style="font-weight: 400;">Electric Two-Wheeler</li> </ul> Motorcycle accounts for the majority of shares on account of its versatility for both urban commuting and long-distance travel, appealing to riders seeking freedom and independence. Breakup By Technology: <ul> <li style="font-weight: 400;">ICE (Internal Combustion Engine)</li> <li style="font-weight: 400;">Electric</li> </ul> ICE dominates the market due to widespread availability, established infrastructure, and familiar technology among consumers. Breakup By Transmission: <ul> <li style="font-weight: 400;">Manual</li> <li style="font-weight: 400;">Automatic</li> </ul> Manual dominates the market due to direct control, engaging riding experience, lower upfront costs, and easier maintenance compared to automatic counterparts. Breakup By Engine Capacity: <ul> <li style="font-weight: 400;"><100cc</li> <li style="font-weight: 400;">100-125cc</li> <li style="font-weight: 400;">126-180cc</li> <li style="font-weight: 400;">181-250cc</li> <li style="font-weight: 400;">251-500cc</li> <li style="font-weight: 400;">501-800cc</li> <li style="font-weight: 400;">801-1600</li> </ul> 100-125cc holds the largest share in the market owing to its balance of fuel efficiency, affordability, and sufficient power for daily commuting. Breakup By Fuel Type: <ul> <li style="font-weight: 400;">Gasoline</li> <li style="font-weight: 400;">Petrol</li> <li style="font-weight: 400;">Diesel</li> <li style="font-weight: 400;">LPG/CNG</li> <li style="font-weight: 400;">Battery</li> </ul> Petrol dominates the market due to widespread availability of refueling stations, established infrastructure, reliable performance, and long-range capabilities. Breakup By End-User: <ul> <li style="font-weight: 400;">Personal</li> <li style="font-weight: 400;">Commercial</li> </ul> Personal holds the largest share in the market due to affordability, convenience, and versatility for daily commuting, leisure, and recreational activities. Breakup By Distribution Channel: <ul> <li style="font-weight: 400;">Offline Channels</li> <li style="font-weight: 400;">Online Channels</li> </ul> Offline channels dominate the market due to accessibility, personalized service, physical examination opportunities, and comprehensive after-sales support. Breakup By Region: <ul> <li style="font-weight: 400;">North America (United States, Canada)</li> <li style="font-weight: 400;">Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)</li> <li style="font-weight: 400;">Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)</li> <li style="font-weight: 400;">Latin America (Brazil, Mexico, Others)</li> <li style="font-weight: 400;">Middle East and Africa</li> </ul> Asia Pacific enjoys the leading position owing to rapid urbanization, expanding middle-class population, rising disposable incomes, and widespread adoption of electric two-wheelers. <h2>Recent News and Developments in Two-Wheeler Market</h2> <ul> <li style="font-weight: 400;">January 2025: Hero MotoCorp launched 4 new bikes at Global Expo 2025, including Xtreme 250R at ₹1.80 lakh, Xpulse 210 at ₹1.76 lakh, Xoom 125 at ₹86,900, and Xoom 160 at ₹1.49 lakh, strengthening its premium motorcycle portfolio.</li> <li style="font-weight: 400;">January 2025: Greaves Electric Mobility Limited (GEML) launched Ampere Magnus Neo, an enhanced electric scooter featuring 100+ km certified range, three riding modes, 65 kmph top speed, and 5-year/75,000 km battery warranty.</li> <li style="font-weight: 400;">November 2024: Honda unveiled EV Fun Concept and EV Urban Concept electric motorcycles at EICMA 2024 in Milan, with EV Fun Concept scheduled for 2025 launch featuring sports design and in-house battery development.</li> <li style="font-weight: 400;">November 2024: HERE Technologies partnered with Pioneer to co-develop innovative connected devices and services for global two-wheeler market, including smart displays and in-vehicle devices for enhanced rider experience.</li> </ul> Note: If you require specific details, data, or insights that are not currently included in the scope of this report, we are happy to accommodate your request. As part of our customization service, we will gather and provide the additional information you need, tailored to your specific requirements. Please let us know your exact needs, and we will ensure the report is updated accordingly to meet your expectations. <h2>About Us:</h2> IMARC Group is a global management consulting firm that helps the world's most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research. <h2>Contact Us:</h2> IMARC Group 134 N 4th St. Brooklyn, NY 11249, USA Email: sales@imarcgroup.com Tel No:(D) +91 120 433 0800 United States: +1-201971-6302