| Product Code: ETC11220413 | 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 two-wheeler components market experienced a significant increase in imports from 2020 to 2024. The compound annual growth rate (CAGR) for this period was 54.29%. Notably, the year-on-year growth rate from 2023 to 2024 reached 112.50%, indicating a substantial rise in imported two-wheeler components during this period.

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 Two-Wheeler Components Market Overview |
3.1 Armenia Country Macro Economic Indicators |
3.2 Armenia Two-Wheeler Components Market Revenues & Volume, 2022 & 2032F |
3.3 Armenia Two-Wheeler Components Market - Industry Life Cycle |
3.4 Armenia Two-Wheeler Components Market - Porter's Five Forces |
3.5 Armenia Two-Wheeler Components Market Revenues & Volume Share, By Type, 2022 & 2032F |
3.6 Armenia Two-Wheeler Components Market Revenues & Volume Share, By Material, 2022 & 2032F |
3.7 Armenia Two-Wheeler Components Market Revenues & Volume Share, By Application, 2022 & 2032F |
3.8 Armenia Two-Wheeler Components Market Revenues & Volume Share, By End Use, 2022 & 2032F |
4 Armenia Two-Wheeler Components Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for two-wheelers in Armenia |
4.2.2 Growth in the transportation sector |
4.2.3 Rise in disposable income of the population |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices |
4.3.2 Competition from counterfeit components |
4.3.3 Stringent government regulations on emissions and safety standards |
5 Armenia Two-Wheeler Components Market Trends |
6 Armenia Two-Wheeler Components Market, By Types |
6.1 Armenia Two-Wheeler Components Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Armenia Two-Wheeler Components Market Revenues & Volume, By Type, 2022 - 2032F |
6.1.3 Armenia Two-Wheeler Components Market Revenues & Volume, By Engine Parts, 2022 - 2032F |
6.1.4 Armenia Two-Wheeler Components Market Revenues & Volume, By Chassis Parts, 2022 - 2032F |
6.1.5 Armenia Two-Wheeler Components Market Revenues & Volume, By Brake Parts, 2022 - 2032F |
6.1.6 Armenia Two-Wheeler Components Market Revenues & Volume, By Electrical Components, 2022 - 2032F |
6.2 Armenia Two-Wheeler Components Market, By Material |
6.2.1 Overview and Analysis |
6.2.2 Armenia Two-Wheeler Components Market Revenues & Volume, By Aluminum, 2022 - 2032F |
6.2.3 Armenia Two-Wheeler Components Market Revenues & Volume, By Steel, 2022 - 2032F |
6.2.4 Armenia Two-Wheeler Components Market Revenues & Volume, By Composite, 2022 - 2032F |
6.2.5 Armenia Two-Wheeler Components Market Revenues & Volume, By Copper, 2022 - 2032F |
6.3 Armenia Two-Wheeler Components Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Armenia Two-Wheeler Components Market Revenues & Volume, By Powertrain Systems, 2022 - 2032F |
6.3.3 Armenia Two-Wheeler Components Market Revenues & Volume, By Frame and Body, 2022 - 2032F |
6.3.4 Armenia Two-Wheeler Components Market Revenues & Volume, By Braking System, 2022 - 2032F |
6.3.5 Armenia Two-Wheeler Components Market Revenues & Volume, By Ignition and Lighting, 2022 - 2032F |
6.4 Armenia Two-Wheeler Components Market, By End Use |
6.4.1 Overview and Analysis |
6.4.2 Armenia Two-Wheeler Components Market Revenues & Volume, By Motorcycles, 2022 - 2032F |
6.4.3 Armenia Two-Wheeler Components Market Revenues & Volume, By Scooters, 2022 - 2032F |
6.4.4 Armenia Two-Wheeler Components Market Revenues & Volume, By Electric Two-Wheelers, 2022 - 2032F |
6.4.5 Armenia Two-Wheeler Components Market Revenues & Volume, By Performance Bikes, 2022 - 2032F |
7 Armenia Two-Wheeler Components Market Import-Export Trade Statistics |
7.1 Armenia Two-Wheeler Components Market Export to Major Countries |
7.2 Armenia Two-Wheeler Components Market Imports from Major Countries |
8 Armenia Two-Wheeler Components Market Key Performance Indicators |
8.1 Average age of two-wheelers in Armenia |
8.2 Percentage of urban population using two-wheelers for daily commute |
8.3 Adoption rate of electric two-wheelers in the market |
9 Armenia Two-Wheeler Components Market - Opportunity Assessment |
9.1 Armenia Two-Wheeler Components Market Opportunity Assessment, By Type, 2022 & 2032F |
9.2 Armenia Two-Wheeler Components Market Opportunity Assessment, By Material, 2022 & 2032F |
9.3 Armenia Two-Wheeler Components Market Opportunity Assessment, By Application, 2022 & 2032F |
9.4 Armenia Two-Wheeler Components Market Opportunity Assessment, By End Use, 2022 & 2032F |
10 Armenia Two-Wheeler Components Market - Competitive Landscape |
10.1 Armenia Two-Wheeler Components Market Revenue Share, By Companies, 2025 |
10.2 Armenia Two-Wheeler Components 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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