This statistic shows the share of Bajaj Electricals Limited in the Indian fan market from the fiscal year 2012 to the fiscal year 2018, with an estimation until the fiscal year 2020. In the fiscal year 2020, the market share of Bajaj Electricals across the country was estimated to be around seven percent.

The global portable fan market, valued at $3047.15 million in 2025, is projected to experience robust growth, driven by rising disposable incomes, increasing urbanization, and the escalating demand for climate control solutions in both residential and commercial settings. The market's Compound Annual Growth Rate (CAGR) of 5.46% from 2019 to 2025 indicates a steady expansion, which is expected to continue through 2033. Key growth drivers include the increasing preference for energy-efficient and technologically advanced fans, such as those with rechargeable batteries and smart features. Furthermore, the rising popularity of outdoor activities and events fuels demand for portable fans, particularly in warmer climates. The market is segmented by fan type (table, pedestal, tower, and handheld) and application (residential, commercial, and industrial), with residential applications currently dominating market share. Competitive landscape analysis reveals that major players like Bajaj Electricals, Crompton Greaves, Dyson, and Honeywell are vying for market dominance through product innovation, strategic partnerships, and expansion into emerging markets. While increased raw material costs and potential supply chain disruptions pose challenges, the overall market outlook remains positive, particularly in rapidly developing economies in Asia-Pacific and other regions experiencing increased heat waves. The competitive landscape is characterized by a mix of established multinational corporations and regional players. Companies are adopting diverse strategies such as product differentiation (offering unique features like smart controls, noise reduction, and increased portability), strategic pricing, and aggressive marketing to gain a competitive edge. The market is also witnessing increased adoption of eco-friendly and sustainable materials, reflecting growing consumer awareness of environmental issues. Further growth is anticipated through the development of innovative designs that cater to a wider range of consumer needs and preferences. Expansion into new markets, coupled with strategic acquisitions and mergers, is likely to shape the future landscape of this dynamic industry, driving further expansion.

The global electric fan market, valued at $17.15 billion in 2025, is projected to experience robust growth, exhibiting a compound annual growth rate (CAGR) of 5.6% from 2025 to 2033. This expansion is driven by several key factors. Rising temperatures globally due to climate change are increasing the demand for cooling solutions, particularly in residential and commercial settings. Furthermore, advancements in fan technology, such as the introduction of energy-efficient models with smart features and improved aesthetics, are attracting consumers seeking both functionality and style. The shift towards eco-friendly products and government initiatives promoting energy conservation are also contributing to market growth. Different product types cater to diverse needs: ceiling fans remain popular for their widespread use, while the demand for wall-mounted and door fans is growing in specific applications and regions. The online distribution channel is experiencing significant expansion, fueled by the increasing penetration of e-commerce and the convenience it offers. Regional variations exist, with North America and APAC (particularly China and India) expected to be key growth drivers owing to their large populations and increasing disposable incomes. However, fluctuations in raw material prices and intense competition among established players like Bajaj Electricals, Crompton Greaves, and Midea could pose challenges to sustained growth. The market segmentation reveals a diverse landscape. North America, with its developed infrastructure and high consumer spending, holds a significant market share. However, rapidly developing economies in APAC are expected to witness substantial growth over the forecast period, surpassing North America in market share within the next decade. The product outlook shows a strong preference for ceiling fans due to their versatility and wide applicability. However, the increasing demand for compact and efficient cooling solutions will boost the sales of wall-mounted and door fans, particularly in urban areas with limited space. The competitive landscape is characterized by both established multinational corporations and regional players. Companies are focusing on product innovation, strategic partnerships, and expansion into new markets to gain a competitive edge. The industry is likely to witness increased consolidation in the coming years as larger companies acquire smaller players to expand their product portfolios and geographical reach.

Bajaj Auto had the leading market share of about 36 percent in the three-wheeler segment across India in fiscal year 2024. It was followed distantly by Piaggio at 8.1 percent. More and more electric three-wheelers have entered the market, threatening the existing players.

The global household air cooler market, valued at $1650 million in 2025, is projected to experience steady growth with a compound annual growth rate (CAGR) of 4.5% from 2025 to 2033. This growth is fueled by several key factors. Rising temperatures due to climate change are increasing the demand for affordable and energy-efficient cooling solutions, particularly in regions with hot and dry climates. The increasing disposable incomes in developing economies, coupled with rising urbanization, are further boosting market expansion. Consumer preference is shifting towards energy-efficient and technologically advanced models, such as electronic control air coolers offering features like remote operation and variable speed settings. The market segmentation reveals strong demand across various applications, including wall, window, and floor installations, with electronic control models gaining traction over manual controls due to enhanced convenience and features. While the market is competitive, with established players like Kenstar, Bajaj Electricals, and Orient Electric, alongside newer entrants, opportunities exist for innovation in design, energy efficiency, and smart features to capture a greater market share. The market's regional distribution is expected to be influenced by climate and economic factors. Asia Pacific, particularly India and China, are projected to be significant contributors due to large populations and growing middle classes experiencing increasing heat stress. North America and Europe, while having established markets, will see continued growth driven by increasing awareness of eco-friendly cooling options. However, market growth may be somewhat restrained by the increasing availability and affordability of air conditioners in some regions, creating competition in the cooling market. Furthermore, the fluctuating prices of raw materials used in air cooler manufacturing could impact profitability and market growth. Nevertheless, the long-term outlook for the household air cooler market remains positive, given the persistent need for affordable and sustainable cooling solutions.

The global geysers market, encompassing electric and gas water heaters, is experiencing robust growth driven by increasing urbanization, rising disposable incomes, and a growing preference for convenient and efficient hot water solutions. The market's expansion is further fueled by technological advancements leading to energy-efficient models with smart features, improved safety mechanisms, and longer lifespans. While the initial investment cost can be a deterrent for some consumers, government initiatives promoting energy conservation and the long-term cost savings associated with efficient geysers are mitigating this factor. Regional variations exist, with North America and Asia Pacific currently dominating the market share due to higher adoption rates and established manufacturing bases. However, emerging economies in regions like South America and Africa present significant growth potential as infrastructure improves and living standards rise. Competitive pressures are intense, with established players like A. O. Smith, Bajaj Electricals, and Rheem Manufacturing vying for market dominance through innovation, strategic partnerships, and aggressive marketing campaigns. The market is segmented by type (electric, gas) and application (residential, commercial), with the residential segment currently holding the largest share. Looking ahead, the integration of smart technology, the increasing demand for tankless water heaters, and the focus on sustainability are likely to shape the future trajectory of the geysers market. The forecast period of 2025-2033 indicates continued expansion, with a projected CAGR (Compound Annual Growth Rate) of approximately 5-7% (a reasonable estimate based on current market trends). This growth will be influenced by factors such as increasing demand for energy-efficient models, the growing adoption of renewable energy sources for water heating, and the expanding middle class in developing nations. However, potential challenges, including fluctuating raw material prices and potential supply chain disruptions, need to be considered. Market players are likely to focus on diversification of sourcing, strategic partnerships, and robust supply chain management to mitigate these risks and maintain market competitiveness. Furthermore, stricter environmental regulations globally will likely drive the adoption of eco-friendly geysers, furthering market segmentation and innovation.

The global e-scooter market is experiencing robust growth, driven by increasing environmental concerns, rising fuel prices, and the convenience offered by these lightweight, eco-friendly vehicles. The market's Compound Annual Growth Rate (CAGR) of 9.38% from 2019-2024 suggests a significant expansion, projected to continue into the forecast period (2025-2033). This growth is fueled by several key factors: a surge in demand from urban commuters seeking efficient and affordable transportation solutions, supportive government policies promoting electric mobility in many regions, and continuous technological advancements leading to improved battery technology (longer range, faster charging), enhanced safety features, and more stylish designs. The market segmentation by battery type highlights the dominance of lead-acid batteries in the lower-cost segment, while lithium-ion batteries are driving premiumization and increased performance. Major players like Ather Energy, Bajaj Auto, and others are aggressively competing through innovative product launches, strategic partnerships, and expansion into new markets. However, challenges remain, including concerns about battery lifespan, charging infrastructure limitations in certain areas, and safety regulations that vary across regions. The market's regional distribution is likely to see significant variations, with Asia-Pacific (particularly China and India) expected to dominate due to high population density, increasing disposable incomes, and favorable government initiatives. North America and Europe are also expected to witness substantial growth, although at a potentially slower pace compared to Asia-Pacific. The competitive landscape is dynamic, with established automotive manufacturers alongside specialized e-scooter companies vying for market share. The success of individual players will hinge on their ability to innovate, adapt to evolving consumer preferences, and strategically navigate the challenges related to manufacturing costs, supply chain complexities, and the ongoing evolution of battery technology and charging infrastructure. Future growth will likely depend on overcoming infrastructural bottlenecks and further enhancing battery technology to address range anxiety and increase consumer confidence.

The global portable evaporative air cooler market is experiencing robust growth, projected to reach a market size of $391.8 million in 2025, with a Compound Annual Growth Rate (CAGR) of 4.6% from 2025 to 2033. This growth is fueled by several key factors. Increasing consumer preference for energy-efficient cooling solutions, particularly in regions with hot and dry climates, is a significant driver. The rising disposable incomes in developing economies, coupled with increasing awareness of the health benefits of evaporative cooling compared to traditional air conditioning (reduced energy consumption and avoidance of refrigerant-related environmental concerns), are further boosting demand. The market is segmented by application (commercial and household) and type (automatic and semi-automatic portable evaporative air coolers), with the automatic segment expected to witness faster growth due to its convenience and advanced features. Key players like Symphony, Bajaj Electricals, Honeywell, and others are contributing to market expansion through product innovation, strategic partnerships, and expansion into new geographic markets. Technological advancements, such as improved water distribution systems and enhanced fan designs for better air circulation, are enhancing the efficiency and appeal of these coolers. The market's geographical distribution shows significant potential across diverse regions. While North America and Europe currently hold substantial market shares, the Asia-Pacific region, particularly India and China, is expected to exhibit the fastest growth due to factors such as rising temperatures, increasing urbanization, and a burgeoning middle class. However, factors like fluctuating raw material prices and potential competition from other cooling technologies could present challenges to the market's sustained expansion. Nevertheless, the overall outlook remains positive, indicating significant opportunities for market participants to capitalize on the growing demand for sustainable and affordable cooling solutions. Further market penetration will likely be driven by innovations that address concerns about water consumption and maintenance.

At the end of fiscal year 2024, 4.9 million passenger vehicles were produced across India. The country’s automobile industry witnessed a slowdown due to an economic slump and the impact of the coronavirus pandemic in financial years 2020 and 2021. Rising congestion and the push from the government to switch to electric vehicles could also be a reason for the decline in growth. Previously between fiscal years 2007 and 2017, the compound annual growth rate of registered motor vehicles stood at 10.1 percent, which was almost twice the CAGR of national highways for the same time period. Passengers vehicles: An avenue of sustainable India Two-wheelers and three-wheelers are the driving force of passenger vehicle sales in India. A surge in the sales volume of two-wheelers and three-wheelers was observed in the recent past, although the sales volume for both the categories experienced a short drop in the financial year 2020. Most of the two-wheelers and three-wheelers in India are electric vehicles. India aims to expand sustainable mobility through passenger vehicles. Key automotive industry players in India There were many leading market players, including Indian manufacturers like Bajaj Auto, and Hero MotoCorp, that had driven the sales volume of passenger vehicles in India across a plethora of segments. Some of the leading companies in the three-wheeler sector were Bajaj Auto, Piaggio, and YC Electric Vehicle. Whereas Hero MotoCorp held the highest market share in the two-wheeler industry in the financial year 2022.

In fiscal year 2024, India-based Bajaj Auto reported two-wheeler sales of more than 3.7 million units. This figure represents an increase from the previous fiscal year. With the rise of electric two-wheelers, competition in this sector has become fierce.

The global three-wheeler market, valued at approximately $XX million in 2025, is projected to experience robust growth, exhibiting a Compound Annual Growth Rate (CAGR) of 6.27% from 2025 to 2033. This expansion is driven by several key factors. Increasing urbanization in developing nations fuels demand for affordable and efficient last-mile connectivity solutions, making three-wheelers an attractive alternative to cars and motorcycles. The rising popularity of e-three-wheelers, propelled by government initiatives promoting electric mobility and concerns regarding environmental sustainability, further contributes to market growth. Furthermore, the versatility of three-wheelers, applicable in diverse sectors like passenger transport, goods delivery, and tourism, broadens their market appeal. However, stringent emission norms in developed countries and the potential for competition from other modes of transport, such as two-wheelers and ride-sharing services, present challenges to market expansion. The market is segmented by type (passenger and cargo) and application (personal use, commercial use, and others), with significant regional variations in market share. Growth within the three-wheeler market is expected to be geographically diverse. While mature markets like North America and Europe might see moderate growth driven by niche applications and electric vehicle adoption, developing economies in Asia-Pacific, particularly India and Southeast Asia, are projected to be the primary drivers of market expansion due to high population density and increasing disposable incomes. The competitive landscape is marked by a mix of established players like Bajaj Auto and TVS Motor, and emerging companies focusing on electric three-wheelers. Competitive strategies focus on technological innovation, product diversification, and strategic partnerships to capture market share. Effective consumer engagement strategies, encompassing marketing, after-sales service, and financing options, play a crucial role in driving sales and building brand loyalty. The overall outlook for the three-wheeler market remains positive, driven by a confluence of factors pointing towards sustained growth in the coming years.

According to Cognitive Market Research, The Global Motorcycle Tyres market size is USD 7.2 billion in 2023 and will expand at a compound annual growth rate (CAGR) of 7.60% from 2023 to 2030.

The demand for Motorcycle Tyres is rising due to the growing preference for two-wheelers over four-wheelers is also expected to fuel the growth of this market.
Demand for Tubeless Tyres remains higher in the Motorcycle Tyres market.
The Road Motorcycle category held the highest Motorcycle Tyres market revenue share in 2023.
Asia Pacific Motorcycle Tyres will continue to lead, whereas the North American Motorcycle Tyres market will experience the most substantial growth until 2030.

Growing Motorcycle Ownership and Sales to Provide Viable Market Output

The increasing ownership and sales of motorcycles serve as a fundamental driver for the Motorcycle Tyres market. As global urbanization continues and commuting needs evolve, motorcycles become popular choices for efficient and cost-effective transportation. The expanding middle-class population in emerging markets, coupled with a rising interest in recreational biking, contributes to robust motorcycle sales. This surge in motorcycle ownership directly correlates with a heightened demand for replacement tires, driving the growth of the Motorcycle Tyres market as manufacturers respond to the increasing need for reliable and performance-oriented tires.

January 2023, Bajaj partnered with Triumph Motorcycles to manufacture mid-capacity motorcycles for the Indian and international markets. This partnership is expected to help Bajaj to deliver mid-range motorcycles in the international market.

(Source:www.bajajauto.com/corporate/media-centre/press-releases/bajajauto-and-triumph-motorcycles-transition)

Technological Advancements in Tire Design to Propel Market Growth

Technological innovations in tire design play a pivotal role in propelling the Motorcycle Tyres market forward. Continuous advancements in materials, compounds, and tread patterns enhance tire performance, durability, and safety. Innovations such as silica compounds for improved wet grip, dual-compound constructions for extended tread life, and advanced carcass materials contribute to enhanced handling characteristics. Motorcyclists increasingly prioritize tires that offer superior traction and stability. Consequently, tire manufacturers investing in research and development to introduce cutting-edge technologies gain a competitive edge, driving the market dynamics and influencing consumer preferences toward high-performance and technologically advanced Motorcycle Tyres.

June 2022,Triumph announced the testing of its new electric bike TE 1. The model was developed in collaboration with Williams Advanced Engineering, Integral Powertrain Limited, and Warwick Manufacturing Group.

(Source:www.triumphmotorcycles.in/for-the-ride/brand/project-triumph-te-1/phase-2)

Market Dynamics of Motorcycle Tyres

Economic Uncertainties and Price Sensitivity to Restrict Market Growth

Economic uncertainties and price sensitivity pose significant restraints in the Motorcycle Tyres market. Fluctuations in global economies impact consumer purchasing power, leading to shifts in buying behaviors. Motorcyclists may postpone tire replacement or opt for more budget-friendly options during economic downturns. Additionally, price-sensitive markets may witness a slowdown in tire sales as consumers prioritize essential expenses over discretionary purchases. The Motorcycle Tyres market is particularly susceptible to economic variations, and manufacturers need to navigate these challenges by balancing quality and cost to meet the diverse demands of a price-sensitive consumer base.

Impact of COVID–19 on the Motorcycle Tyres Market

The COVID-19 pandemic had a multifaceted impact on the Motorcycle Tyres market. The initial phase of the pandemic led to disruptions in global supply chains, manufacturing facilities, and logistics, causing delays and shortages in the production and distribution of motorcycle tires. Lockdowns, travel restrictions, and economic uncertainties also influenced consumer behavior, leading to a decline in motorcycle sales and aftermarket tire purchases. While the pandemic initially resulted in a slowdown, the subsequent phases saw a shift in consumer preferences. As people sought alternative modes of transportation, there was a surge in interest in motorcycles a...

The global two-wheeler engine market is experiencing robust growth, driven by increasing urbanization, rising disposable incomes in emerging economies, and a growing preference for fuel-efficient personal transportation. The market's Compound Annual Growth Rate (CAGR) of 6.82% from 2019-2024 indicates a significant upward trajectory. This growth is fueled by several key factors, including the expanding adoption of electric two-wheelers, governmental initiatives promoting sustainable transportation, and advancements in engine technology leading to improved fuel efficiency and reduced emissions. The market segmentation reveals a strong presence of both Internal Combustion Engine (ICE) and electric two-wheeler engines, with the latter segment projected to experience faster growth due to environmental concerns and technological advancements in battery technology and charging infrastructure. Key players like Bajaj Auto, Hero MotoCorp, Honda, and Yamaha are actively competing in this dynamic market, driving innovation and expanding their global reach. Regional analysis shows strong demand from Asia Pacific, particularly India and China, owing to their large populations and burgeoning middle classes. North America and Europe also contribute significantly to the market, driven by demand for premium motorcycles and scooters. The market faces certain restraints, such as fluctuating raw material prices, stringent emission norms in developed regions, and the challenges associated with establishing comprehensive charging infrastructure for electric two-wheelers. However, the overall outlook remains positive, with considerable potential for growth over the forecast period (2025-2033). The forecast period of 2025-2033 anticipates continued growth, likely exceeding the historical CAGR. This is predicated on the ongoing expansion of the electric two-wheeler segment, innovation in engine technologies focusing on enhanced performance and sustainability, and the expanding global middle class fueling demand. The competitive landscape will remain intense, with existing players investing in research and development and new entrants seeking market share. Government regulations regarding emissions and safety standards will play a significant role in shaping the market trajectory. Specific regional growth rates will vary based on factors such as economic development, infrastructure investments, and government policies promoting sustainable transportation. Market segmentation will continue to evolve, with a focus on hybrid technologies and advanced features like connected technology and intelligent safety systems. Therefore, understanding these nuances is crucial for stakeholders seeking to navigate this dynamic and rapidly evolving market.