IMARC Group, a leading market research company, has recently releases report titled “US Two Wheeler Market Report by Type (Scooters, Mopeds, Motorcycle, Electric Two-Wheeler), Technology (ICE, Electric), Transmission (Manual, Automatic), Engine Capacity (<100cc, 100-125cc, 126-180cc, 181-250cc, 251-500cc, 501-800cc, 801-1600cc, >1600cc), Fuel Type (Gasoline, Petrol, Diesel, LPG/CNG, Battery), End User (Personal, Commercial), Distribution Channel (Offline Channels, Online Channels), and Region 2024-2032”. The study provides a detailed analysis of the industry, including the US two wheeler market size, share, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
How Big is the US Two Wheeler Market?
The US two wheeler market size is projected to exhibit a growth rate (CAGR) of 2% during 2024-2032.
Report Attribute | Key Statistics |
Base Year | 2023 |
Forecast Years | 2024-2032 |
Historical Years | 2018-2023 |
Market Growth Rate (2024-2032) | 2% |
United States Two-Wheeler Market Growth:
The high adoption of sustainable as well as cost-effective transportation is one of the factors responsible for the growth of the United States two-wheeler market. Additionally, the demand for two-wheelers is escalating as it is a convenient mode of transportation in congested cities, which provides a relatively low cost of ownership, fuel efficiency, and the ability to navigate through traffic more easily than cars.
Besides this, the electric two-wheeler segment is gaining momentum, driven by an increased focus on reducing carbon emissions and the availability of incentives by government authorities for electric vehicles, making them an appealing option for environmentally conscious consumers.
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United States Two-Wheeler Market Trends and Drivers:
The cultural appeal of motorcycling as a leisure activity continues to thrive in the U.S., with a diverse range of consumers drawn to various forms of two-wheeler use, from city scootering to recreational motorcycling, which is further augmenting the market. In addition to this, manufacturers are responding to these market dynamics by introducing a wide array of models tailored to different user needs, including high-performance sports bikes and comfortable cruisers, thereby catalyzing the market.
Furthermore, technological advancements in two-wheeler design, safety features, and connectivity options such as GPS navigation and Bluetooth are enhancing the riding experience, thereby attracting a broader audience. The motorcycle culture in America is also supported by numerous biking events and a strong community of riders, which is anticipated to drive the United States two-wheeler market over the forecasted period.
United States Two-Wheeler Market Segmentation:
Type Insights:
Scooters
Mopeds
Motorcycle
Electric Two-Wheeler
The report has provided a detailed breakup and analysis of the market based on the type. This includes scooters, mopeds, motorcycle, and electric two-wheeler.
Technology Insights:
ICE
Electric
A detailed breakup and analysis of the market based on the technology have also been provided in the report. This includes ICE and electric.
Transmission Insights:
Manual
Automatic
The report has provided a detailed breakup and analysis of the market based on the transmission. This includes manual and automatic.
Engine Capacity Insights:
<100cc
100-125cc
126-180cc
181-250cc
251-500cc
501-800cc
801-1600cc
>1600cc
A detailed breakup and analysis of the market based on the engine capacity have also been provided in the report. This includes <100cc, 100-125cc, 126-180cc, 181-250cc, 251-500cc, 501-800cc, 801-1600cc, and >1600cc.
Fuel Type Insights:
Gasoline
Petrol
Diesel
LPG/CNG
Battery
The report has provided a detailed breakup and analysis of the market based on fuel type. This includes gasoline, petrol, diesel, LPG/CNG, and battery.
End User Insights:
Personal
Commercial
A detailed breakup and analysis of the market based on the end user have also been provided in the report. This includes personal and commercial.
Distribution Channel Insights:
Offline Channels
Online Channels
The report has provided a detailed breakup and analysis of the market based on distribution channel. This includes offline channels and online channels.
Regional Insights:
Northeast
Midwest
South
West
The report has also provided a comprehensive analysis of all the major regional markets, which include Northeast, Midwest, South, and West.
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Key Highlights of the Report:
• Market Performance (2018-2023)
• Market Outlook (2024-2032)
• Market Trends
• Market Drivers and Success Factors
• Impact of COVID-19• Value Chain Analysis
• Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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