Growth in India Commercial Two Wheeler Market: Ken Research

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.
  • Bike is 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 in house fleet or partner with delivery agents, logistics companies and rental two wheeler companies for acquiring 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 vehicle 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 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 management of last mile delivery. Driver shortages, proof of delivery, route optimization, customer behaviour 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 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 on 31st March, 2020). The industry is currently positioned to be in 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

[email protected]

+91-9015378249

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