Bangladesh Two-Wheeler Market, by Vehicle Type (Motorcycle, Scooter/Moped), by Engine Capacity (Up to 125cc, 126-250cc, 250-500cc and Above 500cc), by Company and by Geography, Forecast & Opportunities, 2025

The Bangladesh Two-Wheeler Market is expected to witness high growth at a CAGR of above 6% in value terms, from 2021 to 2025, owing to the increasing two-wheeler sales in the country over the recent years. The city-dwellers and office goers prefer using motorcycles in a bid to avoid high congestion on road. Motorcycles are also widely adopted in the rural areas due to the poor road infrastructure. Economic factors such as high economic growth, rising population and increasing spending power of the costumers is attracting the major players in the two-wheeler market to Bangladesh as the nearby markets such as India and China are more matured. The increasing arrival of key players such as Honda, Yamaha who are setting up production facilities in the country is likely to act as a driver for the market in the coming years. Moreover, increasing interest of women as potential customers, lower maintenance services and replacement parts as compared to four-wheelers is expected to drive the growth of the market in the coming years.

Lockdown due to COVID-19 is expected to have a negative impact on the sales of two-wheeler in the country in 2020; however, technological advancements in engine capacities, introduction of newer models by the manufacturers are expected to drive the market through 2025.

Based on the vehicle type, the motorcycle segment leads the market and is expected to maintain its position during the forecast period, owing to high adoption of two-wheelers due to low-maintenance, easy availability of finance and popularity among office goers to avoid traffic congestion. The electric two-wheeler segment is expected to grow at a high CAGR by 2025 due to rising need of shifting to alternate means to transportation to curb pollution and conserve fossil fuels.

Major companies operating in the Bangladesh Two-Wheeler Market are Honda Motors, Harley Davidson, Piaggio, BMW, Bajaj Auto Ltd., Kawasaki Motors, Yamaha, Suzuki, KTM, TVS Motor Company etc. The companies operating in the market are focusing on launching new products with increased speed to increase their share in the market.

Years considered for this report:

• Historical Years: 2015-2018
• Base Year: 2019
• Estimated Year: 2020
• Forecast Period: 2021–2025

Objective of the Study:

• To analyse and forecast the market size of the Bangladesh Two-Wheeler Market, in terms of value and volume.
• To classify and forecast the Bangladesh Two-Wheeler Market based on vehicle type, engine capacity and regional distribution.
• To identify drivers and challenges for the Bangladesh Two-Wheeler Market.
• To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in the Bangladesh Two-Wheeler Market.
• To conduct the pricing analysis for the Bangladesh Two-Wheeler Market.
• To identify and analyse the profile of leading players involved in the manufacturing of the Bangladesh Two-Wheeler Market.

To perform the study, the author conducted primary as well as exhaustive secondary research. Initially, the author prepared an exhaustive list of two-wheeler manufacturers and dealers operating in Bangladesh. Subsequently, researchers conducted primary research surveys, which include primary calls, email responses, etc., with the identified companies. While interviewing, the respondents were also asked about their major competitors. The author analysed product offerings, distribution channels and regional presence of all major two-wheeler companies in Bangladesh.

The author calculated the market size for the Bangladesh Two-Wheeler Market by using a bottom-up technique, wherein the sales volume data of various engine capacities was recorded as well as forecast for the future years. Researchers sourced these values from the industry experts and company representatives, and externally validated through analysing historical sales data of respective manufacturers to arrive at the overall market-size.

Key Target Audience:

• Two-Wheeler Manufacturers
• Dealers
• Automotive OEMs
• Two-Wheeler Component Manufacturers
• Traders, Distributors, and Suppliers
• Industry associations and experts
• Research organizations and consulting companies.
• Research Institutes
• Industry associations
• Market research and consulting firms.

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as collaboration manufacturer and partners, end-users, etc., besides allowing them in strategizing investments and capitalizing on the market opportunities.

Report Scope:
In this report, the Bangladesh Two-Wheeler Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

Bangladesh Two-Wheeler Market, By Vehicle Type:

• Motorcycle
• Scooter/Moped

Bangladesh Two-Wheeler Market, By Engine Capacity Type:

• Up to 125cc
• 126-250cc
• 250-500cc
• Above 500cc

Bangladesh Two-Wheeler Market, By Region:

• Dhaka
• Chittagong
• Rajshahi
• Khulna
• Sylhet
• Rangpur
• Barisal

Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in the Bangladesh Two-Wheeler Market.

Available Customizations:
With the given market data, the author offers customizations according the client’s specific needs.