India Two-Wheeler Aftermarket Services Industry is expected to expand at a CAGR of ~7.7% in Revenue in between FY’22 and FY’27: Ken Research REQUEST FOR SAMPLE REPORT Buy Now Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit Doorstep aftermarket services model offered by organized multi-brand players will gain traction among consumers post COVID-19 era. Two-wheeler aftermarket services industry would also witness strategic shift from technologies used to service fuel operated vehicles to electric vehicles along with enhancing the skill set of mechanics to service electric two-wheelers. Digital is the Future Entities operating in India two-wheeler aftermarket services industry are enhancing their digital presence to increase their online visibility among consumers. The era of COVID-19 witnessed consumer’s shifting preference in utilizing online platforms for availing information. Thereby, OEMs and organized multi-brand players are leveraging the opportunity to extend information to customers through their social media platform and collaboration with other digital platforms. Multi-Brand players such as Hoopy and Garage Works among others have initiated the process of online booking and extending doorstep two-wheeler services to enhance customer’s convenience. Shift in Consumer Preference towards availing Private Transportation Medium Due to the increased awareness on health and hygiene followed by the advent of COVID-19, consumers are preferring availing private transportation compared to public transport medium. Two-wheeler sales in India is expected to expand at a CAGR of ~12.1% in between FY’22 and FY’27. Rapid urbanization in major cities in Northern region such as Delhi, and Bangalore in Southern India for better employment opportunity and surging per capita disposable income will lead to better financial stability of consumers to purchase two-wheelers, positively impacting the two-wheeler aftermarket services industry in India. Request For Sample Report Doorstep Aftermarket Services Model Various organized multi-brand dealers such as Hoopy and Garage Works have initiated the process of extending doorstep two-wheeler services to enhance customer convenience and reduce the waiting time. However, lack of customer knowledge remains a pain point for these players. With the advent of COVID-19, consumers are choosing alternatives to avoid physical presence at facilities, thereby doorstep aftermarket services model is anticipated to be a major determinant for the growth in aftermarket services industry in coming years. Integration of Electric Two-Wheelers The future of two-wheeler industry is going to be driven by the integration of electric vehicles in the market. Increased awareness on environmental degradation coupled with government’s initiative to reduce carbon footprint by 1 billion tonnes by 2030 to tackle climate change will contribute in the acceptance of electric two-wheelers in coming years as compared to fuel operated vehicles. As of FY’22, few start-ups and incumbent brands such as Ampere, Pure, Hero among others have already initiated the process of manufacturing electric two-wheelers. The advent of EVs will cause disruptions for incumbent companies in coming years, as it is creating big opportunities for smaller players, and foreign brands to integrate the ecosystem. Two-wheeler aftermarket services industry would also witness strategic shift in terms of technologies used to service fuel operated vehicles to electric vehicles along with enhancing the skill set of mechanics to service electric two-wheelers. The publication titled ‘India Two-Wheeler Aftermarket Services Industry Outlook to 2027: Driven by growing sales of two-wheelers and shifting consumer preference towards availing private transportation medium” provides a comprehensive analysis of the aftermarket services industry by analyzing historical statistics and corresponding developments in the aftermarket industry. The report covers various aspects including aftermarket services industry market size on the basis of revenue and number of vehicles serviced, overview and genesis, ecosystem, two-wheeler sales, two-wheeler parc, analysis of different workshops (organized multi-brand, unorganized multi-brand/local garages and OEMs), growth trends and developments, key decision making parameters for two-wheeler servicing, Porter 5 Forces Analysis, government initiatives, impact of COVID-19, and risk factors governing the future outlook of industry. Insights on competitive landscape of aftermarket services industry and cross comparison between major players operating in the ecosystem namely, OEMs, organized multi-brand and spare parts’ manufacturers is also covered in the report on the basis of operational and financial parameters such as company profile, operational model, USP, business model, business strategy, services offered, sourcing of spare parts, pricing packages, pain points, market share, recent developments, sales volume, total income, net profit margin, inventory turnover ratio, total expenses, net profit and sale of spare parts. Further, the report covers overview of the spare parts industry on the basis of market size (revenue generated), classification of spare parts type (engine components, suspension/braking, transmission, electronics, body & chassis, cooling systems and others) and cross comparison of spare parts’ manufacturers on the basis of operational and financial parameters (overview, USP, key customers, products, location of major manufacturing plants, total income, profit after tax, net profit margin, inventory turnover ratio, and debtors turnover ratio). The report also focuses on the India Two-Wheeler Aftermarket Services Industry Segmentation by Type of Vehicle (Motorcycles and Scooters); By Age of Two-Wheeler (0-2 years, 2-4 years, 4-6 years, 6-8 years and 8 years & above); By Region (North, South, East and West); By Service Split (Non-Crash Repair, Crash Repair and Body Care); By Type of Workshop (Organized & Unorganized Multi-Brand and OEM); By Type of Multi-Brand Outlet (Organized Outlet and Unorganized Outlet); By Brand (Hero MotoCorp, Honda, TVS, Bajaj Auto, Suzuki and Others), By Electric Two-Wheeler Brand (Hero Electric, Okinawa, Ather, Ampere, Pure EV and Others); By Type of Split for Aftermarket Spare Parts and Consumables (Spare Parts and Consumables); By Expenditure Category (Services, Spare Parts and Consumables) and By Booking Mode (Online and Offline). India Two-Wheeler Aftermarket Services Industry report concludes with projections for the future of the industry including revenue and number of vehicles serviced by 2027, industry speaks and analysts’ take on the future highlighting the major opportunities. Key Segments Covered in India Two-Wheeler Aftermarket Services Industry:- By Type of Vehicle Motorcycles Scooters By Age of Two-Wheeler 0-2 years 2-4 years 4-6 years 6-8 years More than 8 years Request For Sample Report @ https://www.kenresearch.com/sample-report.php?Frmdetails=NTQzMTMz By Region North South East West By Service Split Non-Crash Repair Crash Repair Body Care By Type of Workshop Organized & Unorganized Multi-Brand OEM By Type of Multi-Brand Organized Outlet Unorganized Outlet By Brand Hero MotoCorp Honda TVS Bajaj Auto Suzuki Others By Electric Two-Wheeler Brand Hero Electric Okinawa Ather Ampere Pure EV Others By Type of Split for Aftermarket Spare Parts and Consumables Spare Parts Consumables By Expenditure Category Services Spare Parts Consumables By Booking Mode Online Offline Consumables Classification by Spare Parts Type:- Engine Components Suspension/Braking Transmission Electronics Body and Chassis Cooling System Others Key Target Audience:- Two-Wheeler Organized Multi-Brand Aftermarket Servicing Companies Two-Wheeler OEMs Spare Parts’ Manufacturers Industry Associations Government Bodies Request For Sample Report @ https://www.kenresearch.com/sample-report.php?Frmdetails=NTQzMTMz Time Period Captured in the Report:- Historical Period: FY’17-FY’22 Forecast Period: FY’22-FY’27F India Two-Wheeler Aftermarket Servicing Players OEMs Hero MotoCorp Bajaj Auto Suzuki TVS Motor Company Royal Enfield Yamaha Piaggio Kawasaki Ampere Pure EV Ather Okinawa Revolt Hero Electric Organized Multi-Brand Aftermarket Servicing Companies Hoopy Garage Works Mechido RazorCat Gobumpr Garage Uncle Garage 2 Ghar Bike Fixup Spot Mech Garage On Call Ready Assist Bike Mechanic Protto Groomauto Spare Parts’ Manufacturers Uno Minda Spark Minda Gabriel Bosch India Amtek Sundaram Fastners Exide Nifco Apollo Tyres Ceat Bharat Forge Amara Raja Motherson Sumi Systems Key Topics Covered in the Report:- Overview and Genesis of India Two-Wheeler Aftermarket Services Industry Two-Wheeler Sales Volume and Two-Wheeler Parc in India Ecosystem of India Two-Wheeler Aftermarket Services Industry Market Size of India Two-Wheeler Aftermarket Services Industry (Revenue and Number of Vehicles Serviced) Average Ticket Size of Two-Wheeler Service India Two-Wheeler Aftermarket Services Industry segmentation (By Type of Vehicle, By Age of Two-Wheeler, By Region, By Service Split, By Type of Workshop, By Type of Multi-Brand Outlet, By Brand, By Electric Two-Wheeler Brand, By Type of Split for Aftermarket Spare Parts and Consumables, By Expenditure Category and By Booking Mode) Cross Comparison of OEMs and Organized Multi-Brand Workshops on the basis of Financial Parameters (Sales Volume, Total Income, Net Profit Margin, Inventory Turnover Ratio, Total Expenses, Net Profit and Sale of Spare Parts) Company Profile of OEMs and Organized Multi Brand Players (Company Profile, Operational Model, USP, Business Model, Business Strategy, Services Offered, Sourcing of Spare Parts, Pricing Packages, Pain Points, Market Share and Recent Developments) Growth Drivers and Challenges to India Two-Wheeler Aftermarket Services Industry Industry trends and developments Government Initiatives to support India Two-Wheeler Aftermarket Services Industry Impact of COVID-19 and Future Outlook of Industry Porter 5 Forces Analysis of India Two-Wheeler Aftermarket Services Industry Key Decision Making Parameters for Two-Wheeler Servicing: OEM and Multi Brand Two-Wheeler Servicing Companies Analysis of Organized Multi-Brand, Unorganized Multi-Brand/Local Garages and OEM Workshops in India Overview of Spare Parts Aftermarket Industry in India, FY’17-FY’27E Classification by Spare Parts Type (Engine Components, Suspension/Braking, Transmission, Electronics, Body and Chassis, Cooling Systems and Others), FY’22 Cross Comparison of Spare Parts’ Manufacturers on the basis of Operational and Financial Parameters (Company Overview, USP, Key Customers, Products, Location of Major Manufacturing Plants, Total Income, Profit After Tax, Net Profit Margin, Inventory Turnover Ratio and Debtors Turnover Ratio) Analyst Recommendations Industry Speaks For More Information on the research report, refer to below link:- India Two-Wheeler Aftermarket Services Industry Related Reports:- Vietnam Used Car Market Outlook to 2026 (Second Edition): Driven by growing disposable income and shifting consumer preference from two-wheelers to four-wheelers India Used Two Wheeler Market Outlook to 2026 (Second Edition) – Convenient Financing Options and Emergence of Online Marketplace Platforms supporting Market Growth Contact Us:- Ken Research Ankur Gupta, Head Marketing & Communications Support@kenresearch.com +91-9015378249 Tags: Amara Raja Spare Parts Market Revenue, Ampere Electric Two Wheeler Aftermarket Services Market Shares, Amtek Spare Parts Market Shares, Apollo Tyres Spare Parts Market Revenue, Ather Electric Two Wheeler Aftermarket Services Market Revenue, Bajaj Auto Two 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