Market Size of china two wheeler Industry
| Icons | Lable | Value |
|---|---|---|
|
Study Period | 2017 - 2030 |
|
Base Year For Estimation | 2023 |
|
|
Market Size (2024) | USD 349.4 Billion |
|
|
Market Size (2030) | USD 383.4 Billion |
|
|
CAGR (2024 - 2030) | 1.56 % |
|
|
Market Concentration | Low |
China Two Wheeler Market Analysis
The China Two Wheeler Market size is estimated at 349.4 billion USD in 2024, and is expected to reach 383.4 billion USD by 2030, growing at a CAGR of 1.56% during the forecast period (2024-2030).
349.4 Billion
Market Size in 2024 (USD)
383.4 Billion
Market Size in 2030 (USD)
6.41 %
CAGR (2017-2023)
1.56 %
CAGR (2024-2030)
Largest Segment by Propulsion Type
80.11 %
value share, ICE, 2023
ICE two-wheelers lead due to their cost-effectiveness, widespread availability, and extensive infrastructure, catering to the large consumer base in urban and rural areas.
Fastest-growing Segment by Propulsion Type
1.74 %
Projected CAGR, ICE, 2024-2030
Electric two-wheelers are the fastest-growing due to supportive government policies, advancements in battery technology, and increasing consumer preference for eco-friendly transportation.
Leading Market Player
9.94 %
market share, Jiangmen Grand River Group Co. Ltd.(Jiangmen Dachangjiang Group Co. Ltd.), 2022
Jiangmen Grand River Group Co. Ltd. leads the market with its diverse portfolio of two-wheelers, advanced manufacturing processes, and strong focus on quality and performance.
Second leading Market Player
7.07 %
market share, Loncin Motor Co. Ltd., 2022
Loncin Motor Co. Ltd. holds a significant market share due to its innovative two-wheeler designs, extensive product range, and strong brand presence in the Chinese market.
Third Leading Market Player
3.39 %
market share, Luoyang Northern Enterprises Group Co. Ltd., 2022
Luoyang Northern Enterprises Group Co. Ltd. is a key player due to its reliable and affordable two-wheeler models, strong manufacturing capabilities, and widespread distribution network in China.
