South America Two-Wheeler Market to Surpass USD 7 Bn by 2021, Predicts TechSci Research in Its Report Published at MarketPublishers.com
03 Mar 2017 • by Natalie Aster
LONDON – The demand for two-wheelers in South America dropped at a considerable pace during 2011-2015, on the back of the economic crisis affecting most countries in this region. However, the economic recession in many South American countries is projected to shade away in the forthcoming years, which would considerably raise the demand for two-wheelers in the region in the foreseeable future. Further, dearth of adequate urban transport infrastructure and fast-paced urbanisation are amid other key factors expected to stimulate the growth in the regional two-wheeler marketplace by the end of 2021.
South America’s two-wheeler market is poised to surpass the USD 7 billion mark by 2021. Based on type, the motorcycle two-wheeler segment was the largest in the market during the review period, with the state of things set to keep on through to 2021.
Based on geography, Brazil, Argentina, and Colombia make up the largest two-wheeler country markets in the region. As of 2015, these three nations together grabbed a share of over 75% of the total two-wheeler market in volume terms.
Yamaha, Honda, Bajaj, Dafra, Motomel, Suzuki, Mavilla, Kawasaki, Zanella, Wanxin, Lifan, Zongshen, Motor Uno, and Shineray are some of the prominent players active in the South American two-wheeler market space.
In-demand research report “South America Two-Wheeler Market By Type, By Country, Competition Forecast & Opportunities, 2011 – 2021” created by TechSci Research offers an all-encompassing, unbiased analysis of the market on a regional scale.
For the regional two-wheeler market, the research publication provides market value and volume estimates and market share data by type and country, and include forecasts for these parameters. It also includes market attractive index, by type and nation. For each country markets, the report provides market size and share data and forecasts, detailed pricing analysis, supply chain assessment, import duties, competitive scenario and contains a listing of dominant distributors and/or dealers with contact information. The report canvasses the current market trends, and forecasts the market’s future development to 2021. It identifies and examines the market drivers, and concludes with valuable strategic recommendations.
More comprehensive market studies by our partner can be found at its page.