| Product Code: ETC11556605 | Publication Date: Apr 2025 | Updated Date: Feb 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
The Armenia Central two-wheeler market witnessed a significant increase in imports from 2020 to 2024. The compound annual growth rate (CAGR) for this period stood at 96.80%. Particularly noteworthy was the year-on-year growth rate from 2023 to 2024, which reached 215.79%, indicating a substantial surge in import volumes during that specific year.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Armenia Central Two-Wheeler Market Overview |
3.1 Armenia Country Macro Economic Indicators |
3.2 Armenia Central Two-Wheeler Market Revenues & Volume, 2022 & 2032F |
3.3 Armenia Central Two-Wheeler Market - Industry Life Cycle |
3.4 Armenia Central Two-Wheeler Market - Porter's Five Forces |
3.5 Armenia Central Two-Wheeler Market Revenues & Volume Share, By Product Type, 2022 & 2032F |
3.6 Armenia Central Two-Wheeler Market Revenues & Volume Share, By Technology Type, 2022 & 2032F |
3.7 Armenia Central Two-Wheeler Market Revenues & Volume Share, By End User, 2022 & 2032F |
3.8 Armenia Central Two-Wheeler Market Revenues & Volume Share, By Application, 2022 & 2032F |
4 Armenia Central Two-Wheeler Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing urbanization leading to higher demand for affordable and convenient transportation options |
4.2.2 Rising disposable income levels among the population, making two-wheelers more affordable |
4.2.3 Government initiatives promoting the use of two-wheelers for reducing traffic congestion and pollution |
4.3 Market Restraints |
4.3.1 Lack of proper infrastructure and safety measures for two-wheeler riders |
4.3.2 Fluctuating fuel prices affecting the operational costs of two-wheelers |
4.3.3 Competition from alternative modes of transportation such as public transport and ride-sharing services |
5 Armenia Central Two-Wheeler Market Trends |
6 Armenia Central Two-Wheeler Market, By Types |
6.1 Armenia Central Two-Wheeler Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Armenia Central Two-Wheeler Market Revenues & Volume, By Product Type, 2022 - 2032F |
6.1.3 Armenia Central Two-Wheeler Market Revenues & Volume, By Electric Two-Wheelers, 2022 - 2032F |
6.1.4 Armenia Central Two-Wheeler Market Revenues & Volume, By Motorcycles, 2022 - 2032F |
6.1.5 Armenia Central Two-Wheeler Market Revenues & Volume, By Scooters, 2022 - 2032F |
6.1.6 Armenia Central Two-Wheeler Market Revenues & Volume, By Accessories & Spare Parts, 2022 - 2032F |
6.2 Armenia Central Two-Wheeler Market, By Technology Type |
6.2.1 Overview and Analysis |
6.2.2 Armenia Central Two-Wheeler Market Revenues & Volume, By Battery Technology, 2022 - 2032F |
6.2.3 Armenia Central Two-Wheeler Market Revenues & Volume, By Internal Combustion Engine, 2022 - 2032F |
6.2.4 Armenia Central Two-Wheeler Market Revenues & Volume, By Hybrid Engine Technology, 2022 - 2032F |
6.2.5 Armenia Central Two-Wheeler Market Revenues & Volume, By Smart Connectivity, 2022 - 2032F |
6.3 Armenia Central Two-Wheeler Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Armenia Central Two-Wheeler Market Revenues & Volume, By Urban Commuters, 2022 - 2032F |
6.3.3 Armenia Central Two-Wheeler Market Revenues & Volume, By Adventure Riders, 2022 - 2032F |
6.3.4 Armenia Central Two-Wheeler Market Revenues & Volume, By Students & Professionals, 2022 - 2032F |
6.3.5 Armenia Central Two-Wheeler Market Revenues & Volume, By Two-Wheeler Owners, 2022 - 2032F |
6.4 Armenia Central Two-Wheeler Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Armenia Central Two-Wheeler Market Revenues & Volume, By Eco-friendly Transportation, 2022 - 2032F |
6.4.3 Armenia Central Two-Wheeler Market Revenues & Volume, By Long-distance Travel, 2022 - 2032F |
6.4.4 Armenia Central Two-Wheeler Market Revenues & Volume, By City Commuting, 2022 - 2032F |
6.4.5 Armenia Central Two-Wheeler Market Revenues & Volume, By Vehicle Maintenance, 2022 - 2032F |
7 Armenia Central Two-Wheeler Market Import-Export Trade Statistics |
7.1 Armenia Central Two-Wheeler Market Export to Major Countries |
7.2 Armenia Central Two-Wheeler Market Imports from Major Countries |
8 Armenia Central Two-Wheeler Market Key Performance Indicators |
8.1 Average daily commute distance in urban areas |
8.2 Number of new driving licenses issued for two-wheelers |
8.3 Percentage of households owning at least one two-wheeler |
8.4 Average age of the two-wheeler fleet |
8.5 Number of road accidents involving two-wheelers |
9 Armenia Central Two-Wheeler Market - Opportunity Assessment |
9.1 Armenia Central Two-Wheeler Market Opportunity Assessment, By Product Type, 2022 & 2032F |
9.2 Armenia Central Two-Wheeler Market Opportunity Assessment, By Technology Type, 2022 & 2032F |
9.3 Armenia Central Two-Wheeler Market Opportunity Assessment, By End User, 2022 & 2032F |
9.4 Armenia Central Two-Wheeler Market Opportunity Assessment, By Application, 2022 & 2032F |
10 Armenia Central Two-Wheeler Market - Competitive Landscape |
10.1 Armenia Central Two-Wheeler Market Revenue Share, By Companies, 2025 |
10.2 Armenia Central Two-Wheeler Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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