Please Wait.....
Report
Middle East Two-Wheeler Market- Segmented By Vehicle Type (Scooter/Moped, and Motorcycle), By Capacity (Up to 125cc, 126-250cc, 250-500cc, Above 500cc, Electric), By End Use (Individual, Institutional), By Region, Competition, Forecast & Opportunities, 2018- 2028F
Market Report I 2023-08-01 I 88 Pages I TechSci Research
Middle East two-wheeler market has potential to grow during the forecast period due to fast growing e-commerce companies and rising transportation industry.
Middle East Two-Wheeler Market Overview
Two-wheelers primarily consist of motorcycles, mopeds and scooters that are either powered by gasoline or electric motors. Two wheelers have several operational benefits and reduced maintenance costs, making them a more cost-effective means of transportation than three- or four-wheeler vehicles. Moreover, the popularity of two wheelers has increased significantly and become the key logistic transportation for many intracity travel in Middle East region. There are different types of two wheelers, namely standard, street/naked bikes, sport bikes, cruisers, adventure tourers, dirt bikes, and dual-purpose.
Middle East Two-Wheeler Market Driver
Increasing Demand for Two Wheelers in Logistic Industry
One of the key reasons for the increased demand for Middle East two-wheelers is that they deliver better mileage than passenger cars due to their smaller size and lighter weight. Furthermore, the tax and insurance incurred in owning a two-wheeler is also low compared to passenger car.
The demand for two-wheelers is growing as e-commerce activities in the Middle East region increases. Over the past several years, the region has seen a large increase in the number of e-commerce startups. In the area, two-wheelers are essential for delivering online grocery, food, and merchandise. E-commerce giants like Amazon, Dominos, and others are expanding their fleet of two-wheelers to transport items more quickly and affordably across the Middle East. Furthermore, the two-wheeler market in the Middle East is also being driven by the demand for last-mile delivery, the shift in customer expectations toward additional offerings such as free shipping and businesses moving to a less expensive delivery option.
Middle East Two-Wheeler Market Challenge
Import Driven Two Wheeler Market
Owing to their dependence on other countries such as European countries, China, India, and the United States for two-wheeler supply, the major middle Eastern Nations have a restricted supply of stock. Owing to this, the two-wheeler market in the Middle East is growing more slowly. Moreover, because the market is import-driven, there are few motorcycle brands available, which drives up the cost of two-wheelers in the area by increasing import and custom charges as well as additional taxes. Furthermore, the sales of two-wheelers imported from Europe, China, and India are limited due to supply chain disruption.
Additionally, the Mideast region has higher temperatures compared to other regions, which led to a preference among consumers for four-wheel vehicles such as passenger automobiles over two-wheelers. Owing to the intense heat, riding a two-wheeler in Saudi Arabia might be difficult and is not recommended for everyone.
Middle East Two-Wheeler Market Trend
Increasing recreation activity and increasing demand for electric two wheelers
Middle Eastern nations such as Oman, the United Arab Emirates, Saudi Arabia, and others prioritize providing tourists with travel experiences through a variety of events such as Dakar rally, wherein numerous two-wheeler manufacturers take part to display their most recent products. Moreover, there are numerous cultural festivals held in Saudi Arabia where bikers from clubs in countries such as Bahrain, Kuwait, the UAE, and Oman participate. This increases demand for individual two-wheelers in the Middle East. In 2023, global electric motorcycle sector exceeded 10 million sales annually, which is more than 80% increase over 2019 sales. According to Travis Vander Zanden, the founder of Bird, around 40% of automobile rides are less than two miles long. Owing to the aforementioned factors, e-scooters are a viable replacement for shorter travels as they can travel more than 40 to 50 miles on a single charge. Furthermore, the Middle East region is seeing an increase in demand for electric scooters as a result of lower prices and greater accessibility in cities with problems such as increased congestion and parking shortages.
Recent Development
Yamaha Motor Co., Ltd. announced in April 2022 that the YZF-R7 and MT-09 motorcycles had won the prestigious iF Design Award.
Hero MotoCorp made an official announcement in November 2022 that its first motorcycle, co-developed with Harley-Davidson, will be ready by the end of March 2024. The company plans to build delivery and mobility ecosystem in the Middle East and Africa by investing and promoting promotions in the region. The company participated in Dakar 2023 rally held in Saudi Arabia for the seventh consecutive Dakar rally.
The first Harley Davidson's electric motorcycle LiveWire Experience Center to open in Malibu, California, in 2022, offering a completely immersive experience focused on the all-electric LiveWire ONE motorcycle.
Kawasaki Motors, Ltd. intends to introduce two battery-powered electric vehicles in 2023 and a motorcycle powered by a hybrid electric vehicle in 2024. Additionally, by 2030, the company also plans to start producing motorcycles that run on hydrogen fuel.
In order to increase sales of the Ninja sport bike, Vulcan cruiser, and other Kawasaki consumer and recreational products, Kawasaki partnered with Zed Motorz, an Exclusive Distributor of Kawasaki products in several Middle Eastern countries.
Market Opportunities
Two-wheeler sales in the Middle East are expected to rise significantly during the forecast period. The expansion of rapid delivery services provided two-wheeler manufacturers more opportunities to diversify their product offerings. Furthermore, the region could benefit from the global transition to electric vehicles, which would improve two-wheeler popularity in the Middle East region. Owing to the aforementioned factors, there are many opportunities for both established players and emerging new players.
Market Segmentation
The middle east two-wheeler market is segmented on the basis of vehicle type, capacity, by end use, and region. On the basis of vehicle type, the market is segmented into scooter/moped and motorcycle. Based on capacity, it is divided into up to 125cc, 126-250cc, 250-500cc, above 500cc, and electric. Based on end use, market is further segmented into individual and institutional. The market analysis also studies the country-wise segmentation to devise two wheeler market, divided among Saudi Arabia, United Arab Emirates, Kuwait, Oman, Qatar, and Israel.
Company Insights
In the Middle East market, Yamaha introduced the 2021 FX Cruiser SVHO motorcycle. The company has a significant sales network across the Middle East, including Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates.
TVS Motor Corporation established a new distribution collaboration with Public Motors, a subsidiary of Ghaf Investments, in the United Arab Emirates in 2021. (UAE). A 2,000 square foot showroom along Dubai's Sheikh Zayed Road was opened as a result of this association. In the UAE, the company is aiming for both the delivery and personal commuting markets.
In October 2021, TVS Motor Corporation entered a three-party agreement with Bahwan International Group to expand its business in Middle East, Iraq and other North African countries.
Maruti Suzuki India Ltd. inked a five-year agreement with Kamarajar Port Ltd. in December 2022 to export automobiles to Africa, the Middle East, Latin America, ASEAN, Oceania, and SAARC.
Hero MotoCorp is expanding its dealer and networks in the Middle East. The company opened its exclusive showroom in Dubai which will offer Hero products such as the Ignitor 125, Hunk 150 as also the ECO 150 cargo and ECO 150. Also, SS Delivery Services LLC, a local food delivery aggregator, received 100 motorcycles from Hero MotoCorp.
Company Profiles
Yamaha Motor Co., Ltd, Suzuki Motor Corporation, TVS Motor Company, Hero MotoCorp Ltd, Bajaj Auto Ltd, KTM AG, Kawasaki Motors Ltd., Harley-Davidson Inc., BMW Motorrad, Ducati Motor Holding S.p.A. are the key players developing advanced technologies to stay competitive in the market and enhancing their product portfolio in the regions to increase their customer outreach.
Report Scope:
In this report, Middle East two-wheeler market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
Two-Wheeler Market, By Vehicle Type:
o Scooter/Moped
o Motorcycle
Two-Wheeler Market, By Capacity:
o Up to 125cc
o 126-250cc
o 250-500cc
o Above 500cc
o Electric
Two-Wheeler Market, By End Use:
o Individual
o Institutional
Two-Wheeler Market, By Country:
o Middle East
? Saudi Arabia
? United Arab Emirates
? Kuwait
? Oman
? Qatar
? Israel
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in Middle East two-wheeler market.
Available Customizations:
With the given market data, TechSci Research offers customizations according to a companys specific needs. The following customization options are available for the report:
Company Information
Detailed analysis and profiling of additional market players (up to five).
1. Introduction
1.1. Product Overview
1.2. Key Highlights of the Report
1.3. Market Coverage
1.4. Market Segments Covered
1.5. Research Tenure Considered
2. Research Methodology
2.1. Objective of the Study
2.2. Baseline Methodology
2.3. Key Industry Partners
2.4. Major Association and Secondary Sources
2.5. Forecasting Methodology
2.6. Data Triangulation & Validation
2.7. Assumptions and Limitations
3. Executive Summary
3.1. Market Overview
3.2. Market Forecast
3.3. Key Regions
3.4. Key Segments
4. Impact of COVID-19 on Middle East two-wheeler market
4.1. Impact Assessment Model
4.1.1. Key Segments Impacted
4.1.2. Key Regions Impacted
5. Voice of Customer Analysis
5.1. Factors Influencing Purchase Decision
5.2. Brand Awareness
5.3. Brand Satisfaction Level
6. Middle East Two-Wheeler Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value
6.1.2. By Volume
6.2. Market Share & Forecast
6.2.1. By Vehicle Type Market Share Analysis (Scooter/Moped, and Motorcycle)
6.2.2. By Capacity Market Share Analysis (Up to 125cc, 126-250cc, 250-500cc, Above 500cc, Electric)
6.2.3. By End Use Market Share Analysis (Individual, Institutional)
6.2.4. By Country Market Share Analysis
6.2.4.1. Saudi Arabia Market Share Analysis
6.2.4.2. United Arab Emirates Market Share Analysis
6.2.4.3. Kuwait Market Share Analysis
6.2.4.4. Oman Market Share Analysis
6.2.4.5. Qatar Market Share Analysis
6.2.4.6. Israel Market Share Analysis
6.2.4.7. Rest of Middle East Market Share Analysis
6.3. Middle East Two-Wheeler Market Mapping & Opportunity Assessment
6.3.1. By Vehicle Type Market Mapping & Opportunity Assessment
6.3.2. By Capacity Market Mapping & Opportunity Assessment
6.3.3. By End Use Market Mapping & Opportunity Assessment
6.3.4. By Country Market Mapping & Opportunity Assessment
7. Saudi Arabia Two-Wheeler Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value
7.1.2. By Volume
7.2. Market Share & Forecast
7.2.1. By Vehicle Type Market Share Analysis
7.2.2. By Capacity Market Share Analysis
7.2.3. By End Use Market Share Analysis
8. United Arab Emirates Two-Wheeler Market Outlook
8.1. Market Size & Forecast
8.1.1. By Value
8.1.2. By Volume
8.2. Market Share & Forecast
8.2.1. By Vehicle Type Market Share Analysis
8.2.2. By Capacity Market Share Analysis
8.2.3. By End Use Market Share Analysis
9. Kuwait Two-Wheeler Market Outlook
9.1. Market Size & Forecast
9.1.1. By Value
9.1.2. By Volume
9.2. Market Share & Forecast
9.2.1. By Vehicle Type Market Share Analysis
9.2.2. By Capacity Market Share Analysis
9.2.3. By End Use Market Share Analysis
10. Oman Two-Wheeler Market Outlook
10.1. Market Size & Forecast
10.1.1. By Value
10.1.2. By Volume
10.2. Market Share & Forecast
10.2.1. By Vehicle Type Market Share Analysis
10.2.2. By Capacity Market Share Analysis
10.2.3. By End Use Market Share Analysis
11. Qatar Two-Wheeler Market Outlook
11.1. Market Size & Forecast
11.1.1. By Value
11.1.2. By Volume
11.2. Market Share & Forecast
11.2.1. By Vehicle Type Market Share Analysis
11.2.2. By Capacity Market Share Analysis
11.2.3. By End Use Market Share Analysis
12. Israel Two-Wheeler Market Outlook
12.1. Market Size & Forecast
12.1.1. By Value
12.1.2. By Volume
12.2. Market Share & Forecast
12.2.1. By Vehicle Type Market Share Analysis
12.2.2. By Capacity Market Share Analysis
12.2.3. By End Use Market Share Analysis
13. Market Dynamics
13.1. Market Drivers
13.2. Market Challenges
14. Market Trends and Developments
15. Porter's Five Forces Model
15.1. Competition Landscape
15.2. Bargaining Power of Buyers
15.3. Bargaining Power of Suppliers
15.4. Threat of New Entrants
15.5. Threat of Substitutes
16. Competitive Landscape
16.1. Company Profiles (Up To 10 Major Companies)
16.1.1. Yamaha Motor Co., Ltd
16.1.1.1. Company Details
16.1.1.2. Products & Services
16.1.1.3. Recent Development
16.1.1.4. Key Management Personnel
16.1.2. Suzuki Motor Corporation
16.1.2.1. Company Details
16.1.2.2. Products & Services
16.1.2.3. Recent Development
16.1.2.4. Key Management Personnel
16.1.3. TVS Motor Company
16.1.3.1. Company Details
16.1.3.2. Products & Services
16.1.3.3. Recent Development
16.1.3.4. Key Management Personnel
16.1.4. Hero MotoCorp Ltd
16.1.4.1. Company Details
16.1.4.2. Products & Services
16.1.4.3. Recent Development
16.1.4.4. Key Management Personnel
16.1.5. Bajaj Auto Ltd
16.1.5.1. Company Details
16.1.5.2. Products & Services
16.1.5.3. Recent Development
16.1.5.4. Key Management Personnel
16.1.6. KTM AG
16.1.6.1. Company Details
16.1.6.2. Products & Services
16.1.6.3. Recent Development
16.1.6.4. Key Management Personnel
16.1.7. Kawasaki Motors Ltd.
16.1.7.1. Company Details
16.1.7.2. Products & Services
16.1.7.3. Recent Development
16.1.7.4. Key Management Personnel
16.1.8. Harley-Davidson Inc.
16.1.8.1. Company Details
16.1.8.2. Products & Services
16.1.8.3. Recent Development
16.1.8.4. Key Management Personnel
16.1.9. BMW Motorrad
16.1.9.1. Company Details
16.1.9.2. Products & Services
16.1.9.3. Recent Development
16.1.9.4. Key Management Personnel
16.1.10. Ducati Motor Holding S.p.A.
16.1.10.1. Company Details
16.1.10.2. Products & Services
16.1.10.3. Recent Development
16.1.10.4. Key Management Personnel
17. Strategic Recommendations
17.1. Key Focus Areas
17.2. Target Regions & Countries
17.3. Target Vehicle Type
17.4. Target Capacity
18. About Us & Disclaimer
- Not Sure / Need Reassuring
- Confirm Content
-
Content is provided by our partners and every effort is made to make Market Report details as clear as possible. If you are not sure the exact content you require is included in this study you can Contact us to double check. To do this you can:
Use the ‘? ASK A QUESTION’ below the license / prices and to the right of this box. This will come directly to our team who will work on dealing with your request as soon as possible.
Write to directly on support@scotts-international.com with details. Please include as much information as possible including the name of report or link so our staff will be able to work on you request.
Telephone us directly on 0048 603 394 346 and an experienced member of team will be on hand to answer.
-
- Sample Pages
-
With the vast majority of our partners we can obtain Sample Pages to support your decision. This is something we can arrange without revealing your personal details.
It is important to note that we will not be able to provide you the exact data or statistics such as Market Size and Forecasts. Sample pages usually confirm the layout or the Categories included in Charts and Graphs, excluding specific data.
To ask for Sample Pages by contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Check for Alternatives
-
Whilst we try to make our online platform as easy to use as possible there is always the possibility that a better alternative has not been found in your search.
To avoid this possibility Contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346 and a Senior Team Member can review your requirements and send a list of possibilities with opinions and recommendations.
-
- Confirm Content
- Prices / Formats / Delivery
- Prices
-
All prices are set by our partners and should be exactly the same as those listed on their own websites. We work on a Revenue share basis ensuring that you never pay more than what is offered elsewhere.
Should you find the price cheaper on another platform we recommend you to Contact us as we should be able to match this price. You can Contact us though through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Discounts
-
As we work in close partnership with our Partners from time to time we can secure discounts and assist with negotiations, this is part of our personalised service to you.
Discounts can sometimes be arranged for speedily placed orders; multiple report purchases or Higher License purchases.
To check if a Discount is possible please Contact our experienced team through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Available Currencies
-
Most Market Reports on our platform are listed in USD or EURO based on the wishes of our Partners. To avoid currency fluctuations and potential price differentiations we do not offer the possibility to change the currency online.
Should you wish to pay in a different currency to that advertised online we do accept payments in USD, EURO, GBP and PLN. The price will be calculated based on the relevant exchange rate taken from our National Bank.
To pay in a different above currency to that advertised online please Contact our team and a quotation will be sent within a couple of hours with payment details.
-
- Licenses
-
License options vary from Partner to Partner as is usually based on the number of Users that will benefitting from the report. It is very important that License ordered is not breached as this could have potential negative consequences for you individually or your employer.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Global Site License
-
The Global Site License is the most comprehensive license available. By selecting this license, the Market Report can be shared with other ‘Allowed Users’ and any other member of staff from the same organisation regardless of geographic location.
It is important to note that this may exclude Parent Companies or Subsidiaries.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Formats
-
The most common format is PDF, however in certain circumstances data may be present in Excel format or Online, especially in the case of Database or Directories. In addition, for certain higher license options a CD may also be provided.
If you have questions or need clarification about the specific formats we recommend you to Contact us and a detailed explanation will be provided.
-
- Delivery
-
Delivery is fulfilled by our partners directly. Once an order has been placed we inform the partner by sharing the delivery email details given in the order process.
Delivery is usually made within 24 hours of an order being placed, however it may take longer should your order be placed prior to the weekend or if otherwise specified on the Market Report details page. Additionally, if details have been not fully completed in the Order process a delay in delivery is possible.
If a delay in delivery is expected you will be informed about it immediately.
-
- Shipping Charges
-
As most Market Reports are delivered in PDF format we almost never have to add additional Shipping Charges. If, however you are ordering a Higher License service or a specific delivery format (e.g. CD version) charges may apply.
If you are concerned about additional Shipping Charges we recommend you to Contact us to double check.
-
- Prices
- Ordering
- By Credit Card
-
We work in Partnership with PayU to ensure payments are made securely in a fast and effortless way. PayU is the e-payments division of Naspers.
Naspers operates in over 133 International Markets and ranks 3rd Globally in terms of the number of e-commerce customers served.
For more information on PayU please visit: https://www.payu.pl/en/about-us
-
- By Money Transfer
-
If you require an invoice prior to payment, this is possible. To ensure a speedy delivery of the Market Report we require all relevant company details and you agree to maximum payment terms of 30 days from receipt of order.
With our regular clients deliver of the Market Report can be made prior to receiving payment, however in some circumstances we may ask for payment to be received before arranging for the Market Report to be delivered.
-
- By Credit Card
- Security
- Website security
-
We have specifically partnered with leading International companies to protect your privacy by using different technologies and processes to ensure security.
Everything submitted to Scotts International is encrypted via SSL (Secure Socket Layer) and all personal information provided to Scotts International is stored on computer systems with limited access in controlled environments.
-
- Credit Card Security
-
We partner with PayU (https://www.payu.pl/en/about-us) to ensure all credit card payments are made securely in a fast and effortless way.
PayU offers 250+ various payment channels and eWallet services across 4 continents allowing buyers to pay electronically, whether on a computer or a mobile device.
-
- Website security