Two-wheeler market in market India | Market Leaders & Trends 2025

The two wheeler market in market India

India two wheeler market is estimated to grow at a moderate CAGR of 3.7% during the forecast period. The twowheeler market in India is primary led by mopeds, scooters, and motorcycles. The overall growth of the market is predicted to be driven by burgeoning demand from consumers for cost-effective daily commutes across both metro and non‑metro areas, with expanding interest in top-notch models and technologically advanced bikes.

Furthermore, the growth momentum is supported by growth in expendable incomes among middle class consumers, which spurs purchasing power and upgrade cycles. On the other hand, government support for EV adoption is reshaping both customer mindset and OEM strategies.

1. Hero MotoCorp

Hero MotoCorp is the largest two-wheeler manufacturer in India, renowned for its extensive portfolio of motorcycles and scooters. The company has maintained its market leadership by consistently introducing new models that appeal to the youth and value-conscious consumers.

2. Bajaj Auto

A pioneer in the Indian automotive industry, Bajaj Auto is well-known for its motorcycles and auto-rickshaws. The company is recognized for its innovative engineering and has a strong presence both domestically and internationally.

3. TVS Motor Company

TVS Motor Company has established itself as a key player in the two-wheeler segment, offering a range of products, including scooters, motorcycles, and mopeds. The company's focus on technology and customer satisfaction has driven its growth.

4. Honda Motorcycle & Scooter India (HMSI)

Part of Honda Motor Co., HMSI is a significant contributor to the Indian two-wheeler market. The company is known for its high-quality scooters and motorcycles, which have gained immense popularity among Indian consumers.

5. Yamaha Motor India

Yamaha has carved a niche for itself in the performance-oriented segment with its stylish and sporty motorcycles. The brand's appeal to younger audiences has helped it maintain a competitive edge.

6. KTM India

As a relatively new entrant, KTM India has quickly gained traction with its premium bikes designed for thrill-seekers. The brand focuses on the high-performance motorcycle segment, catering to a specific consumer base.

7. Suzuki Motorcycle India

Suzuki Motorcycle India has a strong foothold in both the scooter and motorcycle markets. The brand is synonymous with reliability and performance, making it a popular choice among consumers.

8. Royal Enfield

Known for its classic motorcycles, Royal Enfield has a dedicated following among enthusiasts. The brand promotes a lifestyle centered around riding, contributing to its strong brand loyalty.

9. Mahindra Two Wheelers

Part of the Mahindra Group, this division focuses on providing affordable and rugged two-wheelers. The company aims to combine functionality with style, targeting diverse customer segments.

10. Ola Electric

Backed by Ola Cabs, Ola Electric entered the EV segment with high-tech scooters like the S1 series and quickly became one of the top electric two-wheeler sellers in India.

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