India Two Wheeler Loan Market, By Type (New Two Wheeler & Used Two Wheeler), By Source (Bank and Non Banking Financial Company (NBFC)), By Percentage of Amount Sanctioned (Up to 25%; 26-50%; 51-75%; & Above 75%), By Type of City (Tier 1; Tier 2; Tier 3; and Tier 4), By Tenure (Less than 3 year and 3-5 Year), Competition, Forecast & Opportunities, 2025

March 2020 | 83 pages | ID: I555F28B6CDFEN
TechSci Research

Abstracts

Two wheeler loan market in India is projected to grow from an estimated $ 7.2 billion in 2020 to $ 12.3 billion by 2025, exhibiting a CAGR of more than 11% over the next five years. Growth in the market is anticipated on account of growing disposable income, declining fuel prices and increasing ownership of two wheelers. Technological advancements in the form of shift from combustion engine vehicle to electric vehicles, new product launches, subsidies offered by the government on purchase of electric vehicles and high vehicle replacement rate are boosting the sales of two wheelers across the country, thereby driving the two wheeler loan market.

Two wheelers offer a preferred transport option for short distance commute in India. Moreover, two wheelers are convenient in traffic congestions and provide ease of parking compared with other vehicles, thereby aiding the adoption of two wheelers, which in turn, is driving two wheeler loan market as well. Moreover, now there is option to apply online for loan and fewer documents are required, owing to net banking, eliminating hassles related to long approval, which is positively influencing the growth of the market. Additionally, presence of major automakers in the country, flexibility in terms of tenure and payment mode, negotiable interest rates based on CIBIL score is further steering growth in India two wheeler loan market.

India two wheeler loan market can be segmented based on type, source, percentage of amount sanctioned, type of city, tenure and region. In terms of type, India two wheeler loan market can be bifurcated into new two wheeler and used two wheeler loans. New two wheeler is the major segment in the market; however, old two wheeler segment is anticipated to witness growth in the coming years on account of lower price of such vehicles.

Major players operating in India two wheeler loan market are categorized into Non Banking Finance Companies (NBFC) and banks. For instance, some of the major banks in the country include HDFC bank, State Bank of India, ICICI bank and Axis Bank, among others. Leading NBFCs operating in the country include Hero Fincorp, Bajaj Finserv, Mahindra & Mahindra Financial Services Limited and Shriram Transport Finance Co. Ltd., Ltd.

Years considered for this report:

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

Objective of the Study:

• To analyze and forecast the market size of India two wheeler loan market.
• To classify and forecast India two wheeler loan market based on type, source, percentage of amount sanctioned, type of city, tenure and regional distribution.
• To identify drivers and challenges for India two wheeler loan market.
• To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in India two wheeler loan market.
• To identify and analyze the profile of leading players operating in India two wheeler loan market.

TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of two wheeler loan providers across the country. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the players which could not be identified due to the limitations of secondary research. TechSci Research analyzed the service providers and presence of all major manufacturers across the country.

TechSci Research calculated the market size of India two wheeler loan market by using a bottom-up approach, where data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.

Key Target Audience:

• Two wheeler manufacturers, distributors and other stakeholders
• Banks and NBFCs
• Government bodies such as regulating authorities and policy makers
• Organizations, forums and alliances related to two wheeler loan market
• 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 service providers, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

REPORT SCOPE:

In this report, India two wheeler loan market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

• Market, By Type:
• New Two Wheeler
• Used Two Wheeler
• Market, By Source:
• Bank
• Non Banking Financial Company (NBFC)
• Market, By Percentage of Amount Sanctioned:
• Up to 25%
• 26-50%
• 51-75%
• Above 75%
• Market, By Type of City:
• Tier 1
• Tier 2
• Tier 3
• Tier 4
• Market, By Tenure:
• Less than 3 year
• 3-5 Year
• Market, By Region:
• North Region
• South Region
• East Region
• West Region

COMPETITIVE LANDSCAPE

Company Profiles: Detailed analysis of the major companies present in India two wheeler loan market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

• Detailed analysis and profiling of additional market players (up to five).

Contents

1. PRODUCT OVERVIEW

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. VOICE OF CUSTOMER

5. INDIA TWO WHEELER LOAN MARKET OUTLOOK

5.1. Market Size & Forecast
  5.1.1. By Value
5.2. Market Share & Forecast
  5.2.1. By Type (New Two Wheeler and Used Two Wheeler)
  5.2.2. By Source (Bank and Non Banking Financial Company (NBFC))
  5.2.3. By Percentage of Amount Sanctioned (Up to 25%; 26-50%; 51-75% and Above 75%)
  5.2.4. By Type of City (Tier 1; Tier 2; Tier 3; Tier 4)
  5.2.5. By Tenure (Less than 3 year and 3-5 Year)
  5.2.6. By Region (North, South, East and West)
  5.2.7. By Company (2019)
5.3. Market Attractiveness Index

6. NORTH INDIA TWO WHEELER LOAN MARKET OUTLOOK

6.1. Market Size & Forecast
  6.1.1. By Value
6.2. Market Share & Forecast
  6.2.1. By Type
  6.2.2. By Source
  6.2.3. By Percentage of Amount Sanctioned
  6.2.4. By Type of City

7. WEST INDIA TWO WHEELER LOAN MARKET OUTLOOK

7.1. Market Size & Forecast
  7.1.1. By Value
7.2. Market Share & Forecast
  7.2.1. By Type
  7.2.2. By Source
  7.2.3. By Percentage of Amount Sanctioned
  7.2.4. By Type of City

8. SOUTH INDIA TWO WHEELER LOAN MARKET OUTLOOK

8.1. Market Size & Forecast
  8.1.1. By Value
8.2. Market Share & Forecast
  8.2.1. By Type
  8.2.2. By Source
  8.2.3. By Percentage of Amount Sanctioned
  8.2.4. By Type of City

9. EAST INDIA TWO WHEELER LOAN MARKET OUTLOOK

9.1. Market Size & Forecast
  9.1.1. By Value
9.2. Market Share & Forecast
  9.2.1. By Type
  9.2.2. By Source
  9.2.3. By Percentage of Amount Sanctioned
  9.2.4. By Type of City

10. MARKET DYNAMICS

10.1. Drivers
10.2. Challenges

11. MARKET TRENDS & DEVELOPMENTS

12. POLICY & REGULATORY LANDSCAPE

13. INDIA ECONOMIC PROFILE

14. COMPETITIVE LANDSCAPE

14.1. Company Profile
  14.1.1. Company Detail
  14.1.2. Service Charges & Fees
  14.1.3. Documentation Required For Loan
  14.1.4. Terms & Conditions of Loan
14.2. HDFC Bank
14.3. Bajaj Finserv Ltd.
14.4. State Bank of India
14.5. ICICI Bank
14.6. Shriram City Union Finance Ltd.
14.7. TATA Capital Financial Services Ltd.
14.8. Axis Bank
14.9. Punjab National Bank
14.10. HERO FinCorp
14.11. Cholamandalam Investment and Finance Company

15. STRATEGIC RECOMMENDATIONS

(Note: The companies list can be customized based on the client requirements)

List Of Figures

LIST OF FIGURES

Figure 1. India Two Wheeler Loan Market Size, By Value, 2015-2025F (USD Million)
Figure 2. India Two Wheeler Domestic Sales Trends, By Volume, 2014-2019 (Million)
Figure 3. India Two Wheeler Loan Market Share, By Type, By Value, 2015-2025F
Figure 4. India Two Wheeler Loan Market Share, By Source, By Value, 2015-2025F
Figure 5. India Two Wheeler Loan Market Share, By Percentage of Amount Sanctioned, By Value, 2015-2025F
Figure 6. India Two Wheeler Loan Market Share, By Type of City, By Value, 2015-2025F
Figure 7. India Two Wheeler Loan Market Share, By Tenure, By Value, 2015-2025F
Figure 8. India Two Wheeler Production Trends, By Volume, 2014-2019 (Million)
Figure 9. India Two Wheeler Loan Market Share, By Region, 2019 & 2025F
Figure 10. India Two Wheeler Loan Market Share, By Company, By Value, 2019
Figure 11. Type Map-Market Size (Million) & Growth Rate (%)
Figure 12. Source Map-Market Size (Million) & Growth Rate (%)
Figure 13. Type of City Map-Market Size (Million) & Growth Rate (%)
Figure 14. Region Map-Market Size (Million) & Growth Rate (%)
Figure 15. South India Two Wheeler Loan Market Size, By Value, 2015-2025F (USD Million)
Figure 16. India Premium Motorcycles Market Share, By Volume, By Cities, 2019
Figure 17. South India Two Wheeler Loan Market Share, By Type, By Value, 2015-2025F
Figure 18. South India Two Wheeler Loan Market Share, By Source, By Value, 2015-2025F
Figure 19. South India Two Wheeler Loan Market Share, By Percentage of Amount Sanction, By Value, 2015-2025F
Figure 20. South India Two Wheeler Loan Market Share, By Type of City, By Value, 2015-2025F
Figure 21. North India Two Wheeler Loan Market Size, By Value, 2015-2025F (USD Million)
Figure 22. India Two Wheeler OEMs Wise Sale Market Share, By Volume, January, 2020
Figure 23. North India Two Wheeler Loan Market Share, By Type, By Value, 2015-2025F
Figure 24. North India Two Wheeler Loan Market Share, By Source, By Value, 2015-2025F
Figure 25. North India Two Wheeler Loan Market Share, By Percentage of Amount Sanction, By Value, 2015-2025F
Figure 26. North India Two Wheeler Loan Market Share, By Type of City, By Value, 2015-2025F
Figure 27. West India Two Wheeler Loan Market Size, By Value, 2015-2025F (USD Million)
Figure 28. India Top Two Wheeler Model wise Sales of Scooters, By Volume (Units), December, 2019
Figure 29. West India Two Wheeler Loan Market Share, By Type, By Value, 2015-2025F
Figure 30. West India Two Wheeler Loan Market Share, By Source, By Value, 2015-2025F
Figure 31. West India Two Wheeler Loan Market Share, By Percentage of Amount Sanction, By Value, 2015-2025F
Figure 32. West India Two Wheeler Loan Market Share, By Type of City, By Value, 2015-2025F
Figure 33. East India Two Wheeler Loan Market Size, By Value, 2015-2025F (USD Million)
Figure 34. India Top Two Wheeler Model wise Sales of Motorcycles, By Volume (Units), December, 2019
Figure 35. East India Two Wheeler Loan Market Share, By Type, By Value, 2015-2025F
Figure 36. East India Two Wheeler Loan Market Share, By Source, By Value, 2015-2025F
Figure 37. East India Two Wheeler Loan Market Share, By Percentage of Amount Sanction, By Value, 2015-2025F
Figure 38. East India Two Wheeler Loan Market Share, By Type of City, By Value, 2015-2025F