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The India Two Wheeler Market is segmented by Propulsion Type (Hybrid and Electric Vehicles, ICE). The report offers market size in both market value in USD and market volume in unit. Further, the report includes a market split by Vehicle Type, Vehicle Configuration, Vehicle Body Type, Propulsion Type, and Fuel Category.
In financial year 2025, two-wheeler sales in India saw an increase from the previous year's to *****million units. The sales reached an all-time high as of 2019, when India's auto industry sold some ***million units. This figure is almost double the 2011 sales, when just ******million two-wheeler units were sold in India. Two-wheeler industry in India In 2024, two-wheeler vehicles also make up the majority of vehicles in production in India, followed by passenger vehicles. There are many kinds of two-wheeler vehicles available in India, including scooters, motorcycles, and mopeds. As of 2025, the leading two-wheeler manufacturer in India was *************. The manufacturer of the very popular Splendor motorcycle model is headquartered in India's capital, New Delhi. Major automotive brands in India Motor vehicle sales in India have doubled between 2008 and 2018, and saw a dip in 2019. Among passenger cars, Maruti Suzuki, followed by Hyundai Motor of India, holds a majority of the market. India’s best-selling cars in 2024 included models such as Wagon R, Ertiga and Brezza, to name a few, which were all from Maruti Suzuki.
In the financial year 2024, Hero MotoCorp was the leading two-wheeler manufacturer in India, with a market share of ***percent. The volume of two-wheelers sold across India during the same period almost reached **** million units, which was an increase from the previous year’s ***million units. Two-wheel vehicles industry in India Two-wheel vehicles are divided into three subcategories in India, namely, motorcycles, scooters, and mopeds. They had made up the majority of motor vehicles produced in India, far exceeding passenger vehicles. As the leading manufacturer in India, Hero MotoCorp was also the world’s largest manufacturer of two-wheel vehicles. Meanwhile, the leading foreign manufacturers were exclusively Japanese companies. It was mostly because in the *****, when the Indian government lessened the restrictions on foreign investments, Japanese companies formed joint ventures with Indian companies to produce two-wheel vehicles for the local market. Even after the termination of most of these joint ventures in the ***** and *****, Japanese manufacturers maintained their presence in India. Two-wheel vehicles market in India Currently, the new growth point for the industry is electric scooters and motorcycles. Many of the leading manufacturers have already started the production of electric vehicles. The Indian government has set a goal to electrify a major part of India’s two-wheelers and has provided considerable financial incentives. However, because of the impact of the COVID-19 pandemic on the sales of automobiles in India, the electrification target might be delayed. More investment in the electricity infrastructure, especially the renewable energy sector, could potentially accelerate the process.
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The India two-wheeler market size reached 24.9 Million Units in 2024. Looking forward, IMARC Group expects the market to reach 92.0 Million Units by 2033, exhibiting a growth rate (CAGR) of 15.64% during 2025-2033. The growing spending power of the middle-classed, the rising need for practical commuting options due to fast urbanization, and increasing accessibility of affordable funding choices, represents some of the key factors impelling the market growth.
The electric two-wheeler motor market share in India is expected to increase by 2446.03 thousand units from 2021 to 2026, and the market’s growth momentum will decelerate at a CAGR of 32.28%.
This electric two-wheeler motor market in India research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers electric two-wheeler motor market segmentation in India by product (in-wheel motor and mid-drive motor) and vehicle type (e-scooter and e-motorcycle). The electric two-wheeler motor market in India report also offers information on several market vendors, including Compage Automation Systems Pvt. Ltd., Dana Inc., EMF Innovations Pte Ltd., Entuple E-Mobility Pvt. Ltd., Konmos Technologies Pvt. Ltd., Physics Motors Technology Pvt. Ltd., Rotomotive Powerdrives India Ltd., SONA BLW Precision Forgings Ltd., Tata Sons Pvt. Ltd., and TSUYO Manufacturing Pvt. Ltd. among others.
What will the Electric Two-wheeler Motor Market Size in India be During the Forecast Period?
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Electric Two-wheeler Motor Market in India: Key Drivers, Trends, and Challenges
The increasing sales of electric two-wheelers in India is notably driving the electric two-wheeler motor market growth in India, although factors such as lack of operational infrastructure in India may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the electric two-wheeler motor market industry in India. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.
Key Electric Two-wheeler Motor Market Driver in India
One of the key factors driving growth in the electric two-wheeler motor market in India is the increasing sales of electric two-wheelers in India. The demand for electric two-wheelers in India is growing at a fast pace. Companies such as Ola Electric, Simple Energy, Bounce Infinity, Tork Motors and Ultraviolette have entered the electric two-wheeler market in India. The two-wheeler market witnessed a 132% jump in the sales of electric two-wheelers in India in 2021 as compared to 2020. In 2021, the total number of electric two-wheelers sold in India were 2,33,977 as compared to 1,00,736 electric two-wheelers sold in 2020. The rising price of oil in the country is driving the demand for electric two-wheelers, which in turn is boosting the demand for electric two- wheeler motor market during the forecast period.
Key Electric Two-wheeler Motor Market Trend in India
The growing movement of multi-speed transmission in electric two-wheelers is a electric two-wheeler motor market trend in India that is expected to have a positive impact in the coming years. Until 2016, most of the electric two-wheeler, were using single-speed transmission technology. However, certain drivetrain manufactures, such as Ather Energy, have plans to develop multi-gear transmission as the single-speed transmission does not perform equally well at low as well as high speeds. Moreover, the multi-gear transmission would deliver greater efficiency as compared with single gear transmission on the suburban driving and in highways. However, for city driving, the single or dual-speed transmission will suffice. EVs with multi-gear transmission technology will have increased vehicle range in terms of distance traveled on one charge. In addition, it will also help in reducing the battery pack size. It will even improve the low-speed pull away and the high-speed driving. All these benefits will lead the OEMs to the adoption of multi-gear transmission in electric two-wheelers.
Key Electric Two-wheeler Motor Market Challenge in India
The lack of operational infrastructure in India will be a major challenge for the electric two-wheeler motor market in India during the forecast period. The lack of proper road infrastructure in India hampers the wide-scale expansion of EV charging infrastructure, as the availability of electricity on roads and highways is essential to set up an EV charging station. Individuals and freight operators using electric two-wheeler vehicles for commercial purposes limit their operations to major cities because the operational infrastructure required for setting up an EV charging station is available mostly in major cities, not in tier-2 and tier-3 cities. Governing bodies are developing charging stations in their respective regions to promote the use of electric two-wheelers for commercial purposes. However, most of them are slow-charging stations that require a considerable amount of time for charging a vehicle, which dissuades the use of electric two-wheel
In financial year 2027, it was estimated that the market volume of new two wheeler would reach **** million units. In 2020, the new two-wheeler market was around **** million units. During the presented period, a general growth trend could be observed despite disruption caused by the Covid-19 pandemic.
Two-wheeler production volume stood at around 24 million across India at the end of fiscal year 2025. Two-wheelers accounted for a share of around 75 percent of total automobiles produced across the south Asian country in the same year. The production volume saw an increase the first time in three years, which was mostly due to the impact of the coronavirus pandemic.
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Amongst 2 wheelers i.e., scooters & motorcycles, 75% of 2 wheelers sold in FY’23 are motorcycles. Amongst motorcycles, commuting bikes have been the most preferred option.
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The report covers India Used Two Wheeler Industry, India Used Two Wheeler Market, Unorganized Dealers, Covid-19 Impact, B2C Used Two Wheeler India Used Two Wheeler Market Growth Rate, India Used Two Wheeler Market Revenue, India Used Two Wheeler Market Research Report, India Second Hand Two Wheeler Revenue Growth, India Pre Owned Two Wheeler Industry.
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The India Electric Two-Wheeler Market was valued at USD 785.81 million in 2025 and is expected to reach USD 3226.16 million by 2031 with a CAGR of 26.54%.
Pages | 87 |
Market Size | 2025: USD 785.81 million |
Forecast Market Size | 2031: USD 3226.16 million |
CAGR | 2026-2031: 26.54% |
Fastest Growing Segment | Scooter/Moped |
Largest Market | South India |
Key Players | 1. Hero Electric Vehicles Pvt. Ltd 2. Okinawa Autotech International Private Limited 3. Greaves Electric Mobility Private Limited 4. Ather Energy Limited 5. PuR Energy Pvt. Ltd 6. Ola Electric Mobility Ltd 7. TVS Motor Company 8. Revolt Intellicorp Private Limited 9. BENLING INDIA ENERGY AND TECHNOLOGY PVT LTD 10. Bajaj Auto Ltd |
Hero MotoCorp sold the most two-wheelers in India, amounting to around ****million units in financial year 2025. Honda ranked second during the same year. The top three manufacturers together took over 70 percent of the two-wheeler market in the country. Comparing to the previous year, a significant increase in the sales of electric two-wheelers could be observed.
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India Two-Wheeler Market size was valued at USD 299.43 Billion in 2024 and is expected to reach USD 459.47 Billion by 2032, growing at a CAGR of 5.50% from 2026 to 2032.
India Two-Wheeler Market: Definition/ Overview
Two-wheelers are motorized vehicles with two wheels, including motorcycles, scooters, and mopeds, which are designed for personal and commercial transportation. These vehicles are widely utilized for daily commuting, last-mile connectivity, and delivery services, as they offer affordability, fuel efficiency, and ease of navigation through congested urban areas.
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The report covers India Two Wheeler Aftermarket Services Market Sales, Market Shares, Market Size, Ceat Spare Parts Market Sales, Major Players, Non-Crash Repair Services Market.
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The estimated growth rate for the India Two-Wheeler Tire Market is around 11.2% annually from 2024 to 2030, including growth drivers like urbanization, electric mobility, and ride-hailing services.
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The India Commercial Two-Wheeler Market, with a market size of INR 1.56 Cr, delivers insights on segmentation, supplier shifts, and adoption trends to support planning.
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The Electric Two-Wheeler Market is segmented by Region (Africa, Asia-Pacific, Europe, Middle East, North America, South America). The report offers market size in both market value in USD and market volume in unit. Further, the report includes a market split by Vehicle Type, Vehicle Configuration, Vehicle Body Type, Propulsion Type, and Fuel Category.
The market size of electric two-wheelers across India was projected to cross the ******million units mark in financial year 2027. The same year, the electric two-wheeler penetration rate in India would be around ***percent.
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The report titled “India Used Two-Wheeler Market Outlook to 2025
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Gain insights into the India Electric Two-Wheeler Market size at USD 1.16 million in 2023, featuring Market Share & Growth, Growth Projection, and Strategic Insights.
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Electric two-wheelers are gaining popularity due to their lower operating costs, environmental friendliness, and government subsidies. The segment includes electric scooters, motorcycles, and bicycles. Hybrid two-wheelers, which combine both electric and combustion engines, offer a balance of fuel efficiency and performance. ICE two-wheelers, including scooters, motorcycles, and mopeds, still constitute the majority of the market. Recent developments include: December 2022: The Tiger 1200 has been unveiled in India, featuring cutting-edge technologies such as a blind-spot radar system, a Showa semi-active suspension setup, a seven-inch TFT display, six riding modes, and a keyless system., October 2022: The latest upgrade of the Dominar 400 has been launched, designed for avid touring enthusiasts. The sports tourer comes equipped with factory-fitted touring accessories, catering to riders who prioritize robust touring essentials., August 2022: Yamaha Motor Pvt. Ltd. has introduced an exciting 2022 Monster Energy Yamaha MotoGP Edition lineup in India. The models include the Supersport YZF-R15M, the Dark Warrior MT-15 V2.0, the Maxi-sports Scooter AEROX 155, and the RayZR 125 Fi Hybrid scooter.. Key drivers for this market are: Growing Population and Urbanization
Increasing Disposable Income. Potential restraints include: Fluctuations in Fuel Prices
Rising Inflation and Interest Rates. Notable trends are: Focus on Electric Vehicles
Adoption of Connected Technologies.
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The India Two Wheeler Market is segmented by Propulsion Type (Hybrid and Electric Vehicles, ICE). The report offers market size in both market value in USD and market volume in unit. Further, the report includes a market split by Vehicle Type, Vehicle Configuration, Vehicle Body Type, Propulsion Type, and Fuel Category.