Product Code: ETC13378728 | Publication Date: Apr 2025 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 190 | No. of Figures: 80 | No. of Tables: 40 |
According to 6Wresearch internal database and industry insights, the Global Two-Wheeler Components Market was valued at USD 3200 Billion in 2024 and is expected to reach USD 4650 Billion by 2031, growing at a compound annual growth rate of 6.90% during the forecast period (2025-2031).
The Global Two-Wheeler Components Market is experiencing steady growth driven by increasing urbanization, rising disposable incomes, and a growing demand for fuel-efficient transportation options. Key components such as engines, brakes, tires, suspension systems, and electrical systems are in high demand due to the expanding two-wheeler market worldwide. The Asia-Pacific region dominates the market, particularly India and China, due to their large population and extensive use of two-wheelers for daily commuting. Technological advancements, such as the shift towards electric two-wheelers and the integration of smart features, are also shaping the market landscape. Key players in the industry are focusing on innovation, product differentiation, and strategic partnerships to gain a competitive edge in this dynamic market.
The Global Two-Wheeler Components Market is experiencing significant growth driven by increasing urbanization, rising disposable incomes, and a growing consumer preference for cost-effective and eco-friendly transportation options. Key trends include the shift towards electric two-wheelers, advancements in lightweight and durable materials for components, and the integration of smart technology in components for enhanced safety and connectivity. Opportunities lie in the development of innovative components to improve performance and efficiency, catering to the evolving needs of consumers. Additionally, the expansion of distribution channels in emerging markets and strategic partnerships with manufacturers to ensure product quality and reliability are key focus areas for industry players looking to capitalize on the growing demand for two-wheeler components globally.
The Global Two-Wheeler Components Market faces several challenges, including intense competition among key players, fluctuating raw material prices, and increasing demand for electric two-wheelers. Key players in the market are constantly innovating and investing in research and development to stay ahead of the competition. The volatility of raw material prices, such as steel and aluminum, can impact the cost of production and ultimately the pricing of two-wheeler components. Additionally, the rising popularity of electric two-wheelers presents a challenge for traditional component manufacturers who may need to adapt their product offerings to cater to this growing segment. Overall, navigating these challenges requires a strategic approach, continuous innovation, and a deep understanding of market trends and consumer preferences.
The Global Two-Wheeler Components Market is primarily driven by the increasing demand for two-wheelers worldwide due to their affordability, fuel efficiency, and ease of maneuverability, especially in congested urban areas. Additionally, stringent emission regulations pushing manufacturers to develop more fuel-efficient and eco-friendly two-wheelers are fueling the demand for advanced components such as fuel injection systems and electronic control units. The growing trend of customization and aftermarket upgrades among two-wheeler enthusiasts is also contributing to the market growth, with a rising demand for performance-enhancing components like exhaust systems, suspension kits, and brakes. Moreover, the expanding market for electric two-wheelers is creating opportunities for components related to battery systems and electric motors, further propelling the market forward.
Government policies related to the Global Two-Wheeler Components Market vary by country, but some common themes include regulations on emissions, safety standards, and import/export tariffs. Many governments are implementing stricter emission norms to reduce pollution, which is driving the demand for more fuel-efficient components in two-wheelers. Safety standards are also a key focus, with regulations on components such as brakes, tires, and lights to ensure rider safety. Import/export tariffs can impact the cost and availability of components in different markets, influencing the competitive landscape of the industry. Overall, government policies play a significant role in shaping the global two-wheeler components market by driving innovation, ensuring quality standards, and affecting market dynamics through trade regulations.
The Global Two-Wheeler Components Market is expected to witness significant growth in the coming years due to factors such as increasing urbanization, rising disposable incomes, and growing demand for fuel-efficient transportation options. The market is projected to expand further with the adoption of electric two-wheelers, advancements in technology leading to the development of lightweight and durable components, and the focus on sustainability driving the shift towards eco-friendly transportation solutions. Additionally, the emergence of new players and the expansion of existing manufacturers into emerging markets are anticipated to contribute to the growth of the two-wheeler components market globally. Overall, the future outlook for the Global Two-Wheeler Components Market appears promising, with opportunities for innovation and growth in the coming years.
In the Global Two-Wheeler Components Market, Asia holds a significant share due to the high demand for motorcycles and scooters in countries like India, China, and Southeast Asia. These regions are the largest producers and consumers of two-wheeler components globally. North America and Europe also have a notable presence in the market, driven by a strong culture of motorcycling and increasing adoption of electric two-wheelers. The Middle East and Africa region is witnessing steady growth in the two-wheeler market, fueled by urbanization and improving economic conditions. Latin America, on the other hand, is experiencing a shift towards more sustainable transportation options, leading to a rising demand for electric two-wheeler components in countries like Brazil and Mexico.
Global Two-Wheeler Components Market |
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 Global Two-Wheeler Components Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Two-Wheeler Components Market Revenues & Volume, 2021 & 2031F |
3.3 Global Two-Wheeler Components Market - Industry Life Cycle |
3.4 Global Two-Wheeler Components Market - Porter's Five Forces |
3.5 Global Two-Wheeler Components Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global Two-Wheeler Components Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Global Two-Wheeler Components Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.8 Global Two-Wheeler Components Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.9 Global Two-Wheeler Components Market Revenues & Volume Share, By End Use, 2021 & 2031F |
4 Global Two-Wheeler Components Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Two-Wheeler Components Market Trends |
6 Global Two-Wheeler Components Market, 2021 - 2031 |
6.1 Global Two-Wheeler Components Market, Revenues & Volume, By Type, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global Two-Wheeler Components Market, Revenues & Volume, By Engine Parts, 2021 - 2031 |
6.1.3 Global Two-Wheeler Components Market, Revenues & Volume, By Chassis Parts, 2021 - 2031 |
6.1.4 Global Two-Wheeler Components Market, Revenues & Volume, By Brake Parts, 2021 - 2031 |
6.1.5 Global Two-Wheeler Components Market, Revenues & Volume, By Electrical Components, 2021 - 2031 |
6.2 Global Two-Wheeler Components Market, Revenues & Volume, By Material, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global Two-Wheeler Components Market, Revenues & Volume, By Aluminum, 2021 - 2031 |
6.2.3 Global Two-Wheeler Components Market, Revenues & Volume, By Steel, 2021 - 2031 |
6.2.4 Global Two-Wheeler Components Market, Revenues & Volume, By Composite, 2021 - 2031 |
6.2.5 Global Two-Wheeler Components Market, Revenues & Volume, By Copper, 2021 - 2031 |
6.3 Global Two-Wheeler Components Market, Revenues & Volume, By Application, 2021 - 2031 |
6.3.1 Overview & Analysis |
6.3.2 Global Two-Wheeler Components Market, Revenues & Volume, By Powertrain Systems, 2021 - 2031 |
6.3.3 Global Two-Wheeler Components Market, Revenues & Volume, By Frame and Body, 2021 - 2031 |
6.3.4 Global Two-Wheeler Components Market, Revenues & Volume, By Braking System, 2021 - 2031 |
6.3.5 Global Two-Wheeler Components Market, Revenues & Volume, By Ignition and Lighting, 2021 - 2031 |
6.4 Global Two-Wheeler Components Market, Revenues & Volume, By End Use, 2021 - 2031 |
6.4.1 Overview & Analysis |
6.4.2 Global Two-Wheeler Components Market, Revenues & Volume, By Motorcycles, 2021 - 2031 |
6.4.3 Global Two-Wheeler Components Market, Revenues & Volume, By Scooters, 2021 - 2031 |
6.4.4 Global Two-Wheeler Components Market, Revenues & Volume, By Electric Two-Wheelers, 2021 - 2031 |
6.4.5 Global Two-Wheeler Components Market, Revenues & Volume, By Performance Bikes, 2021 - 2031 |
7 North America Two-Wheeler Components Market, Overview & Analysis |
7.1 North America Two-Wheeler Components Market Revenues & Volume, 2021 - 2031 |
7.2 North America Two-Wheeler Components Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) Two-Wheeler Components Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada Two-Wheeler Components Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America Two-Wheeler Components Market, Revenues & Volume, 2021 - 2031 |
7.3 North America Two-Wheeler Components Market, Revenues & Volume, By Type, 2021 - 2031 |
7.4 North America Two-Wheeler Components Market, Revenues & Volume, By Material, 2021 - 2031 |
7.5 North America Two-Wheeler Components Market, Revenues & Volume, By Application, 2021 - 2031 |
7.6 North America Two-Wheeler Components Market, Revenues & Volume, By End Use, 2021 - 2031 |
8 Latin America (LATAM) Two-Wheeler Components Market, Overview & Analysis |
8.1 Latin America (LATAM) Two-Wheeler Components Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) Two-Wheeler Components Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil Two-Wheeler Components Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico Two-Wheeler Components Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina Two-Wheeler Components Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM Two-Wheeler Components Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) Two-Wheeler Components Market, Revenues & Volume, By Type, 2021 - 2031 |
8.4 Latin America (LATAM) Two-Wheeler Components Market, Revenues & Volume, By Material, 2021 - 2031 |
8.5 Latin America (LATAM) Two-Wheeler Components Market, Revenues & Volume, By Application, 2021 - 2031 |
8.6 Latin America (LATAM) Two-Wheeler Components Market, Revenues & Volume, By End Use, 2021 - 2031 |
9 Asia Two-Wheeler Components Market, Overview & Analysis |
9.1 Asia Two-Wheeler Components Market Revenues & Volume, 2021 - 2031 |
9.2 Asia Two-Wheeler Components Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India Two-Wheeler Components Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China Two-Wheeler Components Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan Two-Wheeler Components Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia Two-Wheeler Components Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia Two-Wheeler Components Market, Revenues & Volume, By Type, 2021 - 2031 |
9.4 Asia Two-Wheeler Components Market, Revenues & Volume, By Material, 2021 - 2031 |
9.5 Asia Two-Wheeler Components Market, Revenues & Volume, By Application, 2021 - 2031 |
9.6 Asia Two-Wheeler Components Market, Revenues & Volume, By End Use, 2021 - 2031 |
10 Africa Two-Wheeler Components Market, Overview & Analysis |
10.1 Africa Two-Wheeler Components Market Revenues & Volume, 2021 - 2031 |
10.2 Africa Two-Wheeler Components Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa Two-Wheeler Components Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt Two-Wheeler Components Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria Two-Wheeler Components Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa Two-Wheeler Components Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa Two-Wheeler Components Market, Revenues & Volume, By Type, 2021 - 2031 |
10.4 Africa Two-Wheeler Components Market, Revenues & Volume, By Material, 2021 - 2031 |
10.5 Africa Two-Wheeler Components Market, Revenues & Volume, By Application, 2021 - 2031 |
10.6 Africa Two-Wheeler Components Market, Revenues & Volume, By End Use, 2021 - 2031 |
11 Europe Two-Wheeler Components Market, Overview & Analysis |
11.1 Europe Two-Wheeler Components Market Revenues & Volume, 2021 - 2031 |
11.2 Europe Two-Wheeler Components Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom Two-Wheeler Components Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany Two-Wheeler Components Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France Two-Wheeler Components Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe Two-Wheeler Components Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe Two-Wheeler Components Market, Revenues & Volume, By Type, 2021 - 2031 |
11.4 Europe Two-Wheeler Components Market, Revenues & Volume, By Material, 2021 - 2031 |
11.5 Europe Two-Wheeler Components Market, Revenues & Volume, By Application, 2021 - 2031 |
11.6 Europe Two-Wheeler Components Market, Revenues & Volume, By End Use, 2021 - 2031 |
12 Middle East Two-Wheeler Components Market, Overview & Analysis |
12.1 Middle East Two-Wheeler Components Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East Two-Wheeler Components Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia Two-Wheeler Components Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE Two-Wheeler Components Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey Two-Wheeler Components Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East Two-Wheeler Components Market, Revenues & Volume, By Type, 2021 - 2031 |
12.4 Middle East Two-Wheeler Components Market, Revenues & Volume, By Material, 2021 - 2031 |
12.5 Middle East Two-Wheeler Components Market, Revenues & Volume, By Application, 2021 - 2031 |
12.6 Middle East Two-Wheeler Components Market, Revenues & Volume, By End Use, 2021 - 2031 |
13 Global Two-Wheeler Components Market Key Performance Indicators |
14 Global Two-Wheeler Components Market - Export/Import By Countries Assessment |
15 Global Two-Wheeler Components Market - Opportunity Assessment |
15.1 Global Two-Wheeler Components Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global Two-Wheeler Components Market Opportunity Assessment, By Type, 2021 & 2031F |
15.3 Global Two-Wheeler Components Market Opportunity Assessment, By Material, 2021 & 2031F |
15.4 Global Two-Wheeler Components Market Opportunity Assessment, By Application, 2021 & 2031F |
15.5 Global Two-Wheeler Components Market Opportunity Assessment, By End Use, 2021 & 2031F |
16 Global Two-Wheeler Components Market - Competitive Landscape |
16.1 Global Two-Wheeler Components Market Revenue Share, By Companies, 2024 |
16.2 Global Two-Wheeler Components Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |