South Africa Two-Wheeler Market Size

Statistics for the 2023 & 2024 South Africa Two-Wheeler market size, created by Mordor Intelligence™ Industry Reports. South Africa Two-Wheeler size report includes a market forecast to 2030 and historical overview. Get a sample of this industry size analysis as a free report PDF download.

Market Size of south africa two-wheeler Industry

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South Africa Two-Wheeler Market Summary
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Icons Lable Value
https://s3.mordorintelligence.com/study%20period/1629296433432_test~study_period_study_period.svg Study Period 2017 - 2030
https://s3.mordorintelligence.com/cagr/1629296433433_test~cagr_cagr.svg Market Size (2024) USD 93.06 Million
https://s3.mordorintelligence.com/cagr/1629296433433_test~cagr_cagr.svg Market Size (2030) USD 261.3 Million
https://s3.mordorintelligence.com/hydraulic_fluids/1629285650767_test~hydraulic_fluids_hydraulic_fluids.svg Largest Share by Propulsion Type ICE
https://s3.mordorintelligence.com/cagr/1629296433433_test~cagr_cagr.svg CAGR (2024 - 2030) 18.77 %
https://s3.mordorintelligence.com/hydraulic_fluids/1629285650767_test~hydraulic_fluids_hydraulic_fluids.svg Fastest Growing by Propulsion Type Hybrid and Electric Vehicles

Major Players

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*Disclaimer: Major Players sorted in no particular order

Key Players

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South Africa Two-Wheeler Market Analysis

The South Africa Two-Wheeler Market size is estimated at 93.06 million USD in 2024, and is expected to reach 261.3 million USD by 2030, growing at a CAGR of 18.77% during the forecast period (2024-2030).

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93.06 Million

Market Size in 2024 (USD)

261.3 Million

Market Size in 2030 (USD)

8.78 %

CAGR (2017-2023)

18.77 %

CAGR (2024-2030)

Largest Segment by Propulsion Type

79.17 %

value share, ICE, 2023

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ICE two-wheelers lead due to their affordability, widespread availability, and established infrastructure, making them a popular choice in South Africa.

Fastest-growing Segment by Propulsion Type

40.61 %

Projected CAGR, Hybrid and Electric Vehicles, 2024-2030

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Electric two-wheelers are growing rapidly due to increasing government incentives, rising fuel prices, and growing consumer awareness of sustainable transportation options.

Leading Market Player

13.20 %

market share, BMW Motorrad, 2023

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BMW Motorrad dominates the market with its range of high-performance motorcycles, strong brand loyalty, and focus on providing premium two-wheeler solutions to South African consumers.

Second leading Market Player

11.40 %

market share, Honda Motor Co. Ltd., 2023

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Honda Motor Co. Ltd holds the second spot in South Africa's two-wheeler market due to its reliable product quality and widespread dealer network.

Third Leading Market Player

7.90 %

market share, KTM Motorcycles, 2023

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KTM Motorcycles is a major player due to its innovative and high-quality motorcycles, strong presence in the adventure and sports segments, and growing popularity among South African riders.

The South African two-wheeler market predicts consistent growth from 2024 to 2030, playing a key role in urban mobility solutions

  • In 2023, the South African two-wheeler market observed growth, with sales reaching 15,620 units, up from 15,120 units in 2022. This increase signifies a steady interest in two-wheelers within the country, driven by their affordability, flexibility in navigating traffic, and rising fuel costs, which make two-wheelers an attractive alternative for personal mobility. The gradual growth in the South African two-wheeler market is reflective of broader trends in personal mobility, where consumers are increasingly looking for cost-effective, efficient, and environment-friendly alternatives to cars.
  • While the market for electric two-wheelers in South Africa is still nascent, the global shift toward electrification is starting to shape consumer preferences and market dynamics. As infrastructure improves and environmental concerns gain traction, the potential for significant growth in the electric two-wheeler segment becomes evident.
  • From 2024 to 2030, the South African two-wheeler market is expected to witness consistent growth, with sales estimated to reach 22,740 units by 2030. This upward trajectory underscores the growing acceptance of two-wheelers as a primary mode of transport, propelled by urbanization, economic factors, and an increasing recognition of their cost-effectiveness and convenience. As South Africa continues to enhance its transportation infrastructure and policies, especially in the electric segment, the two-wheeler market stands to benefit, presenting avenues for further expansion and the adoption of sustainable mobility solutions.
South Africa Two-Wheeler Market

South Africa Two-Wheeler Market SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS UP TO 2030