GLOBAL MOTORCYCLE ENGINE MARKET
Motorcycles/scooters are the most economical means of commute for highly populated and low income Asian region.
India is the biggest motorcycle/ scooter market, globally with almost 37% of global share., followed by China with 27% share. In India, there is an impending shift from carburetor engines to fuel injection in early 2020 due to BS6 emission norms. Many OEMs have already launched BS6 compliant motorcycles with fuel injection to liquidate the BS4 stock before the April 2020 deadline.
Yamaha is following a unique strategy in the Indian market and has up-sized its 110cc carburetted engines with fuel injection 120cc engines to make their scooters a premium offering.Now, it has almost 100% Fuel injected engine powered product potfolio, much before the BS6 deadline.
HONDA`S DOMINANCE IN ASIA EX CHINA
Honda is the global market leader of motorcycle market. It had 27% share of global and 31% share of Asian motorcycle market. It`s 100-125cc motorbikes serve as reliable daily commuters for millions of Asian consumers.
MOTORCYCLE ENGINE MARKET SEGMENTATION
TOP 10 BEST-SELLING MOTORCYCLES GLOBALLY, EXCLUDING CHINA AND THEIR ENGINE CAPACITY
|Sl no||Country||Brand||Model||Estimated annual sales-FY 2019|
|Engine capacity(CC)||Fuel system|
|4||Indonesia||Honda||Vario 125 & 150||2,400||125-150||Fuel Injection|
|6||Multiple ASEAN countries||Honda||Scoopy||1,840||110||Fuel Injection|
|7||Multiple ASEAN countries||Yamaha||N Max||1,200||125-155||Fuel Injection|
MARKET SIZE AND FORECAST
In 2018, more than 55 Million motorcycle engines were manufactured globally.
The global motorcycle engine market is largely concentrated in Asia(>90% share), with Europe and American continent accounting for <8% share cumulatively.
India and China alone account for ~60% of global new motorcycle sales i.e. ~37-40 M units. ASEAN countries account for 22-25% and several other countries account for remaining 18-20%.
It must be noted that the best-selling motorcycles in India are priced at $600-$900 per unit which is 25-35% less than ASEAN Countries and 60-75% less than in Europe and US.
The global motorcycle engine market is estimated at $XX Million in 2019 and $YY Million by 2025.
The Motorcyle engine market is dominated by Asian manufactures, predominantly Japanese and Indian companies. Almost 99% of motorcycle engines are manufactured in-house by the OEMs but the sub-components are manufactured by suppliers.
Bosch,Delphi, Keihin and Denso are the top 4 fuel injection system suppliers, globally. To know more about Motorcycle Fuel injection system market, read our report.
- Honda Scooters and Motorcycles
- Hero Motocorp
- Bajaj Auto
- Harley Davidson
- Royal Enfield
- Lifan Industry (Group) Co., Ltd
- Zongshen Group
THIS REPORT WILL ANSWER THE FOLLOWING QUESTIONS
- The growth in 200cc+ motorcycle segment in India and overall engine capacity post BS VI in 2020
- How is the motorcycle engine value chain different in India and China?
- A detailed assessment of Chinese and Indian motorcycle engine market and the impact of ban on ICE motorcycles in major cities ?
- What will be the impact of growth in electric motorcycle sales on motorcycle engine market?
- Which countries account for majority of motorcycle engine manufacturing?
- Global outlook on availability of raw materials like steel and aluminum
- How will on-demand micro-mobility,metro expansion and ride hailing impact motorcycle sales in Asia?
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|2||Scope of the report|
|7||Insights from Industry stakeholders|
|8||Cost breakdown of Product by sub-components and average profit margin|
|9||Disruptive innovation in the Industry|
|10||Technology trends in the Industry|
|11||Consumer trends in the industry|
|12||Recent Production Milestones|
|13||Component Manufacturing in US, EU and China|
|14||COVID-19 impact on overall market|
|15||COVID-19 impact on Production of components|
|16||COVID-19 impact on Point of sale|
|17||Market Segmentation, Dynamics and Forecast by Geography, 2020-2025|
|18||Market Segmentation, Dynamics and Forecast by Product Type, 2020-2025|
|19||Market Segmentation, Dynamics and Forecast by Application, 2020-2025|
|20||Market Segmentation, Dynamics and Forecast by End use, 2020-2025|
|21||Product installation rate by OEM, 2020|
|22||Incline/Decline in Average B-2-B selling price in past 5 years|
|23||Competition from substitute products|
|24||Gross margin and average profitability of suppliers|
|25||New product development in past 12 months|
|26||M&A in past 12 months|
|27||Growth strategy of leading players|
|28||Market share of vendors, 2020|
|30||Unmet needs and opportunity for new suppliers|