The India Commercial Two-Wheeler Market is presently positioned to be in the growth stage with corporates decreasing the dependence on personal vehicles and enlarging partnerships with delivery agents, third-party logistics corporates, and preserving an in-house fleet to manner day-to-day business procedures. The Commercial Two Wheelers are principally deployed in Grocery Delivery, Food Delivery, Bike Taxi, E-Commerce, and Courier Delivery sector. The popularity the commercial two-wheelers are positioned in Tier I cities namely Delhi NCR, Bengaluru, Hyderabad, Mumbai, and several others. The bike is the more favored mode of transport as associated with scooty as it offers better mileage. The Bikes between 100-120 CC are favored by delivery agents for commercial determinations.
According to the report analysis, ‘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’ states that the mainstream of the market is registered by the unorganized fleet. The Unorganized Players do not have a nominated fleet for grocery delivery and utilized their personal vehicles for fulfilling consumer orders. Online Grocery delivery corporates partner with delivery agents, logistics companies, and rental corporates for last-mile delivery. Pune, Chandigarh, Kanpur, Ahmedabad, Allahabad, Bareilly have been measured as emerging regions for the similar. The average age of vehicles positioned in Grocery Delivery is 4-5 Years. Foremost players functioning in the market are Big Basket, Amazon (Pantry and Fresh), Grofers, Spencers, Big Bazaar, and several others.
The food Delivery industry transitioned with the production of Zomato and Swiggy. Companies manage in-house fleet & partners with delivery agents, logistics corporates, and rental companies for last-mile delivery. The Delivery Agents are paid amongst INR 15,000- 16,000 per month if they function on a fixed monthly salary basis. Partnerships with delivery agents are not fashionable in nature. A delivery agent could function with multiple corporates at a similar time. The introduction of drones is projected to decrease the dependency on human labor for last-mile delivery.
Ola, Uber, and Rapido are the foremost players apprehending the majority share in India’s Bike Taxi Market. Corporates partner with delivery agents who optimize their personal vehicles to fulfill consumer orders. The foremost vehicle models positioned in Bike Taxi Market are Hero Splendor, Bajaj Platina, Hero Passion, Honda Activa, and several others.
Not only has this, but more than 90% of the vehicles positioned in the E-Commerce & Courier Delivery Market also belong to delivery mediators. Initially, corporates partnered with logistics corporates for last-mile delivery. With the invasion of massive orders, the company started its in-house logistics sectors to fulfill consumer orders. The foremost players functioning in the industry are Xpressbees, DTDC, Gati, E Kart, ATS, and Bluedart.
Furthermore, commercial Two Wheeler Fleet Deployed in India is projected to augment at a CAGR of an effective amount of percentage between FY’2020 and FY’2025. Companies are projected to augment fleet deployed in Grocery Delivery, Food Delivery, Bike Taxi, and E-Commerce Delivery Market due to the projected rise in requirement of services. Companies are also predicted to augment the partnership with electric vehicle manufacturers for last-mile delivery.
Key Segments Covered: –
By Market Structure
Other Regions (Pune, Chandigarh, Ahmadabad, 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
Scooter & Scooty
By End User Industry
Grocery Delivery Market
Food Delivery Market
Bike Taxi Market
E Commerce and Courier Delivery Market
Amazon (Pantry and Fresh)
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
Time Period Captured in the Report:-
Historical Period: FY’2014-FY’2020
Forecast Period: FY’2020-FY’2025
Key Topics Covered in the Report:-
Automobile Industry Sales analysis India
India Commercial Two Wheeler Market
India Commercial Two Wheeler Industry
Indian Two Wheeler Market Insights
India Two Wheeler Commercial Vehicle Market
Automobile Industry in India
Two-wheeler market share by a leading manufacturer
Commercial Two Wheeler Demand in India
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Ankur Gupta, Head Marketing & Communications