How Is Commercial Two-Wheeler Market Positioned In India?
India Commercial Two-Wheeler Market is currently positioned to be in a growth stage with companies reducing dependence on personal vehicles and expanding partnerships with delivery agents, third-party logistics companies, and maintaining an in-house fleet to conduct day-to-day business operations.
Major end-user industries, where commercial two-wheelers are deployed, are Grocery Delivery, Food Delivery, Bike Taxi, E-Commerce, and Courier Delivery Market. The market increased at a CAGR of 27.2% between FY’2014 and FY’2020.
How Is Total Commercial Two-Wheeler Market Segmented?
By End User Industry: Grocery Delivery deployed maximum commercial two-wheeler fleet in India followed by Food Delivery, Bike Taxi, and E-Commerce & Courier Delivery Market.
By Region: Tier I Cities namely Delhi, Bangalore, Hyderabad, Mumbai, Chennai, and Kolkata deployed ~% of commercial two-wheeler fleet in FY’2020. Pune, Chandigarh, Kanpur, Ahmadabad mapped as emerging regions for commercial two-wheeler demand.
By Vehicle Ownership:
Vehicles owned by Delivery Agents to dominate the market for commercial two-wheelers in India. This was followed by vehicles owned by companies and other entities such as third-party logistics and rental companies.
By Vehicle Type: Bikes were preferred more by delivery agents for commercial purposes as they offer better mileage and ensure longevity as compared to scooty and scooters. Bikes between 100-120 CC are preferred by delivery agents for commercial purposes.
How Are Commercial Two Wheelers Deployed In Grocery Delivery Market?
Grocery Delivery transitioned from offline to an online platform in 2011with introduction of Big Basket. Companies follow a hybrid model wherein they partnered with third-party logistics companies and used the fleet of delivery agents to fulfill customer orders.
How Are Commercial Two Wheelers Deployed In Food Delivery Market?
A major transition in the food delivery market happened when companies initiated online food delivery services. Rebel Foods, Dominos, and others started accepting orders on their website and used their in-house fleet to fulfill customer orders.
During this phase, aggregator platforms such as Swiggy and Zomato expanded their operations. They used the fleet of their delivery agents to fulfill customer orders.
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:-
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: –
Related Reports by Ken Research:
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: –
Ankur Gupta, Head Marketing & Communications