India Commercial Two Wheeler Market | Future Of India Commercial Two Wheeler Market | India Commercial Two Wheeler Industry | Commercial Two Wheeler Market in India | Commercial Two Wheeler Industry in India: Ken Research

Rise in Demand from Tier II, Tier III Cities & Expanding Partnerships with Electric Vehicle Manufacturers to facilitated the Growth in India Commercial Two Wheeler Market: Ken Research

  • More than 60% of the Online Grocery Demand is generated from Tier I cities. Delhi NCR, Bengaluru, Hyderabad and Mumbai deployed the majority of the Commercial Two Wheeler Fleet in India.
  • The bike is the preferred mode of commute over scooty as it offers better mileage as compared to other two-wheelers. 100-120 CC Bikes are preferred by delivery agents for commercial use.
  • Companies maintain a house fleet or partner with delivery agents, logistics companies, and rental two-wheeler companies for acquiring a fleet for commercial use. The most preferred model is a partnership with delivery agents as it requires no initial capital investment.
  • Expanding Partnerships with Delivery Agents, Third Party Logistics, and Rental Companies: Companies deploying commercial two-wheelers are reducing dependence on personal vehicles and expanding partnerships with delivery agents, logistic companies, and rental companies for fleet management. Food Delivery, Grocery Delivery, Bike Taxi, and E-Commerce Delivery companies are focussing on expanding their service operations across Tier II and Tier III cities. Pune, Chandigarh, Kanpur, Ahmedabad are mapped as emerging regions for the demand of Commercial Two Wheeler Fleet in India.

    Challenges in Commercial Two-Wheeler Market: Low Payouts and Incentives, low internet connectivity in certain locations, poor customer behavior, and long waiting time are the major challenges faced by delivery agents in fulfilling customer orders.

    Another major challenge faced by food delivery, grocery delivery, and e-commerce delivery companies is the management of last-mile delivery. Driver shortages, proof of delivery, route optimization, customer behavior are a few challenges faced by e-commerce, grocery delivery, and food delivery companies in the management of last-mile delivery.

    Substituting Regular Two Wheelers with Electrical Vehicles: With an ever-increasing need for environment conservation, companies are focusing on expanding their fleet of electric vehicles. Companies like Domino’s; Big Basket uses electrical two-wheelers for last-mile delivery.

    According to the report by Ken Research titled India Commercial Two-Wheeler Market Outlook to 2025: Driven by Changing Shopping Habits of Consumers and Rise in Demand from Tier II &  Tier III cities  10.4 Million commercial two-wheelers were deployed in India (as of 31st March 2020). The industry is currently positioned to be in the growth stage and the demand will continue to grow owing to change in customer shopping habits, rising internet penetration, regional expansion of companies, rise in annual orders/rides/shipments, expanding partnership with delivery agents, and logistics companies.

    Key Segments Covered: –

    By Market Structure

    Organized Market

    Unorganized Market

    By Regions

    Delhi NCR

    Bengaluru

    Hyderabad

    Mumbai

    Chennai

    Kolkata

    Other Regions (Pune, Chandigarh, Ahmedabad, Rajkot, Nagpur, Nashik, Aurangabad, and Others)

    By Vehicle Ownership

    Owned by Delivery Agent

    Owned by Company

    Others (Partner with Third-Party Logistics and Rental Companies)

    By Vehicle Type

    Bikes

    Scooter & Scooty

    By End-User Industry

    Grocery Delivery Market

    Food Delivery Market

    Bike Taxi Market

    E-Commerce and Courier Delivery Market

    Companies Covered

    Big Basket

    Amazon (Pantry and Fresh)

    Grofers

    Spencers

    Big Bazaar

    MilkBasket

    Dunzo

    Swiggy

    Zomato

    Box8

    FreshMenu

    Rebel Foods

    Dominos

    Rapido

    Ola

    Uber

    Xpressbees

    DTDC

    Gati

    E Kart

    ATS

    Bluedart

    Ecom Express

    Shadowfax

    Delhivery

    Lalamove

    Key Target Audience

    Online Grocery Delivery Companies

    E-commerce and Courier Companies

    Food Delivery Companies

    Bike Taxi Companies

    Ride-Hailing Companies

    Two Wheeler OEMs

    Investors and Venture Capitalists

    Industry Associations

    Regulatory Bodies

    Time Period Captured in the Report:-

    Historical Period: FY’2014-FY’2020

    Forecast Period: FY’2020-FY’2025

    Key Topics Covered in the Report:-

    Payout Mechanism of Delivery Agents

    Impact of COVID-19 on Grocery Delivery, Food Delivery, Bike Taxi, E-Commerce & Courier Delivery Market

    Journey of a Delivery Agent with an Aggregator Platform

    Working Model in Bike Taxi, Grocery Delivery, Food Delivery, and E-Commerce Market

    Vehicle Sourcing Methods in Commercial Two Wheeler Market

    Anticipated Growth in Grocery Delivery, Bike Taxi, Food Delivery, and E-Commerce Delivery Market

    For More Information On The Research Report, Click on The Below Link: –

    India Commercial Two-Wheeler Market Growth

    Related Reports by Ken Research:

    India Rental Two-Wheeler Market Outlook to 2025 – Driven by Introduction of Electric Vehicles and Adoption of Dockless System in Vehicles

    India Used Two-Wheeler Market Outlook to 2025- Driven by Increase in Workforce Migration and Aversion towards Using Public Transportation

    Europe Car Rental Market Outlook to 2025- By Region (France, Germany, Spain, United Kingdom, Italy, Portugal, Ireland, Poland, and Others), By Fleet (Compact, SUV, Luxury) and By Purpose (Leisure and Business), Car Sharing By Fleet Size and Users and Cab Aggregator By Revenue and User)

    Contact Us: –
    Ken Research
    Ankur Gupta, Head Marketing & Communications
    Ankur@kenresearch.com
    +91-9015378249

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