Market Size of 2 Wheeler Fuel Injection System Industry
Study Period | 2019-2029 |
Market Size (2024) | USD 11.94 Billion |
Market Size (2029) | USD 16.59 Billion |
CAGR (2024 - 2029) | 6.80 % |
Fastest Growing Market | Asia-Pacific |
Largest Market | Asia-Pacific |
Major Players*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
Two Wheeler Fuel Injection System Market Analysis
The 2 Wheeler Fuel Injection System Market size is estimated at USD 11.94 billion in 2024, and is expected to reach USD 16.59 billion by 2029, growing at a CAGR of 6.80% during the forecast period (2024-2029).
Over the medium term, owing to the stringent government rules and regulations regarding two-wheeler emissions, increasing demand for cleaner and more efficient vehicles, and inefficiency of car carburetor stems are likely to drive the market.
The high number of unpaved roads and the relatively low individual buyer affordability that is observed across different households of various countries leads the buyer to opt for a two-wheeler, including a motorcycle, a moped, and a scooter. Combining the above factors creates a significant demand for two-wheeler fuel injection systems across the globe in the coming years.
The rapid adoption of Ride-by-wire (RbW) technology, as it uses actuators, sensors, and the Electronic Control Unit to throttle wire to regulate fuel and air supply in the engine, thus providing high efficiency and performance. Earlier, RbW was factory-installed only in high-end bikes. However, now it is introduced in mid-segment bikes, such as the KTM Duke 390.
Engine downsizing is on the rise as two-wheeler makers are developing smaller engines with better fuel injection systems. Downsizing shifts the engine operation to high loads where high engine efficiency exists. The lightweight engine helps to enhance fuel efficiency. The rising popularity of electric two-wheelers across the globe is likely to hinder the growth of the fuel injection system market.