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India Used Two Wheeler Market Outlook to 2020 - Rising Sales Through Online Channels and Potential Entry of OEMs to Foster Growth

Region:Asia

Product Code:KR371

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Published On

February 2016

Total pages

117

About the Report

Click Here on The Latest Report of: - India Used Two-Wheeler Market Outlook to 2025
The report titled “India Used Two-Wheeler Market Outlook to 2020 - Rising Sales Through Online Channels and Potential Entry of OEMs to Foster Growth” provides a comprehensive analysis of the various aspects such as the market size of India used two-wheeler market. The report also covers the segmentation on the basis of marketing structure, distribution channel, source of manufacturing, type of two-wheeler, engine capacity, ownership period of the vehicle, and others. Major players in India used the two-wheeler market have been identified and their competitive landscapes have also been covered in the report. The report is useful for online classifieds platforms, two-wheeler manufacturers, dealers of used two-wheelers, and new players venturing into the used two-wheeler market.
The Indian used two-wheeler market has displayed strong growth over the five-year period from 2010-2015 on account of increasing income of households, immigration of working individuals in search of work or education as well as greater availability of used two-wheelers in the country. The used-two wheeler market in India has underscored a growth of ~% in terms of sales volume over the period 2010-2015. Further, online-automobile portals became a medium through which used vehicles started selling online. The market witnessed the entry of a few organized players who focused on product quality. This encouraged working women and young individuals to look for used vehicles in good conditions. The market recorded revenue of INR ~ million in 2010, which enlarged to INR ~ million by 2015.
The used two-wheeler market is largely dominated by unorganized players which consist of sellers, local mechanics, and small dealerships. Together these players contributed to nearly ~% of the market in terms of revenue during 2015. The share of scooters in the used two-wheeler space was recorded at ~% in the overall sales volume during 2015 while the market has continued to be dominated by motorcycles with a massive share of ~%. On the basis of the engine capacity of two-wheelers, used bikes with 100-110cc engine capacity have been mostly purchased by buyers. The share of this segment in the volume sales during 2015 was noted at ~%. Indians mostly use a two-wheeler for at least a period of three to five years before disposing of it. . During the year 2015, ~% of the two-wheelers sold were 4-5 years old, while ~% of the used vehicles sold were 3-4 years old.
The growth of online advertising, which has fuelled the rise of online classified platforms such as OLX, Quikr, Gaadi.com, Carwale.com, and others has revolutionized the way in which pre-owned vehicles have been sold in the country. There are other platforms that have emerged in the Indian used two-wheeler market which enable buyers and sellers to engage and exchange products in a transparent manner. Players such as Droom, CredR, and BikersHighway operate on a marketplace model wherein they charge a commission-based fee for facilitating a transaction on their marketplace.
An emerging economy such as that of India offers huge potential for the used two-wheeler market. The used two-wheeler dealers can utilize the current economic situation to provide valuable services and excellent second-hand vehicles to improve their individual sales. In the coming few years, it is expected that the used two-wheeler market will continue to flourish as more buyers will congregate the used two-wheeler market seeking great deals as it is an excellent buying decision for an individual. Projections for the future suggest that this market is expected to showcase a vibrant growth, with revenues to reach INR ~ million by 2020, growing at a CAGR of ~% during the period 2016-2020. Currently, the Indian online automobile segment is not penetrated like product based e-commerce. There exist more opportunities and scope of innovations from budding startups in this space. The Indian online used two-wheeler market is anticipated to grow from INR ~ million in 2016 to INR ~ million by 2020 displaying a CAGR of ~% during 2016-2020.
Key Topics Covered in the Report:
  • The market size of India used two wheeler market.
  • The market size of India online used two wheeler market.
  • Value chain in India used two wheeler market.
  • Market segmentation of India used two wheeler market on the basis of market structure, stock piece & customized vehicle, distribution channels, source of
  • manufacturing, type of two-wheeler, engine capacity, average ownership period, by manufacturer, body type, certification and financed & non-financed vehicle.
  • Trends and Developments in India used two wheeler market.
  • Growth Drivers and Restraints in India used two wheeler market.
  • SWOT analysis in India used two wheeler market.
  • Pre-Requisites to Enter the India used two wheeler market.
  • Government Regulations in India used two wheeler market.
  • Major players and their business models.
  • Customer Profile in India used two wheeler market.
  • Analyst Recommendations and Expert Take on India Used Two wheeler market.

Scope of the Report

Products

Preowned Bikes, Scooters, Scooty, Motorcycles, Online Marketplace, Online Automobiles Classifieds

Companies

CredR, Droom Technology, Bikers Highway, Bikedekho.com

Table of Contents

1. Executive Summary
2. Research Methodology
2.1. Market Definitions
2.2. Abbreviations
2.3. Market Size and Modeling
Approach
Bottom to Top Analysis
Variables (Dependent and Independent)
Multi Factor Based Sensitivity Model
Final Conclusion
3. Value Chain Analysis of India Used Two Wheeler Market
4. India Used Two Wheeler Market Size, 2010-2015
4.1. By Volume, CY’2010- CY’2015
4.2. By Value, 2010-2015
5. India Used Two Wheeler Market Segmentation
5.1. By Market Structure-Organized and Unorganized Players, CY’2015
5.2. By Stock Piece and Customized Two Wheeler, 2015
5.3. By Distribution Channels-C2C, B2C and Online, 2010-2015
5.4. By Source of Manufacturing- Domestic Production and Imports, 2010-and 2015
5.5. By Type of Two Wheelers- Motorcycles and Scooters, 2010-2015
5.6. By Engine Capacity-100-110cc, 125-135cc, 150-180cc and Others, CY’2010 and CY’2015
5.7. By Average Ownership Period of Used Two Wheeler- 3-4 years, 4-5 years, 5-6 years and Others, 2010 and 2015
5.8. By Manufacturer- Hero, Bajaj, Honda and Others, 2011 and 2015
5.9. By Body Type of Two-Wheeler- Commuter, Scooter, Sports and Others, 2010 and 2015
5.10. By Certified and Non Certified Vehicles, 2015
5.11. By Financed and Non-Financed Vehicles, 2015
6. Trends and Developments in India Online Used Two Wheeler Market
Emerging Organized Market
Dealers Tie-ups
Sales of Scooters on a Continuous Rise
Increasing Focus on Product Quality
7. Growth Drivers in India Used Two-Wheeler Market
Rising Aspirations Among Indian Consumers
Rapid Rate of Launch of New Models in the Market
Increasing Supply Due to Increasing Replacement Rate
Increased Choice and Transparency Due to Emergence of Online Platforms
Attractive Schemes Offered by Organized Players
Rising Fuel Prices
Traffic Congestion
8. Restraints in India Used Two Wheeler Market
Lack of Display and Warehouses of Used Vehicles for a Majority of the Dealers
Limited Choice of Vehicles without any Standard Price
No Assurance and Guarantee of Technical Conditions of the Used Vehicle
Background Verification not Possible
Difficulty in Obtaining Finance
9. Pre-Requisites to Enter the Online Used Two Wheeler Market
Selection of Appropriate Business Model
Development of Website and Mobile Application
Engaging the Local Dealers with the Platform
Marketing and Branding Strategy
Payment Options for Buyers
Obtaining Investments
Deploying a Skilled Labour Force
10. Government Regulations in India Used Two-Wheeler Market
10.1. Regulations on Import of a Pre-Used Vehicle
Key Conditions
Specification of the Vehicle
Importer
Testing of Vehicles in India
Port of Import
Life of Vehicle
Depreciation Norms for Used Vehicles
10.2. Bank Loan on Used Two Wheeler
Eligibility
Type of Loan
Quantum of Loan
Repayment Period
Security
Margin and Interest Rate
Processing and Handling Charges
11. Major Players in India Used Two Wheeler Market
11.1. Droom Technology
Business Model
Key Performance Indicators
Business Strategies
11.2. CredR
Business Model of CredR
Business Strategies
11.3. Bikers Highway
11.4. Honda Motorcycle & Scooter India Pvt Ltd
12. Other Player in Online Two Wheeler Space
12.1. Bikedekho
Business Model of BikeDekho
13. India Online Used Two Wheeler Market Introduction
14. India Online Used Two-Wheeler Market Size, January 2015-December 2015
14.1. By Sales Volume, January 2015-December 2015
14.2. By Revenue, January 2015-December 2015
14.3. India Online Used Two-Wheeler Market Segmentation
14.3.1. By Mode of Purchase- Desktop and Mobile, 2015
15. Customer Profile in India Used Two Wheeler Market
15.1. Gender-Wise (Male, Female) Split of Used Two-Wheeler Shoppers, 2015
15.2. Age-Wise (20-30 years, 30-40 years, 40-50 years and Others) Split of Used Two-Wheeler Shoppers, 2015
15.3. Income-Wise (INR 200,000-500,000, INR 500,000-700,000 and Others) Split of Used Two Wheeler Shoppers, 2015
15.4. City-Wise (Delhi, Bangalore, Pune and Others) Split of Used Two-Wheeler Shoppers, 2015
16. SWOT Analysis of India Used Two Wheeler Market
17. India Used Two-Wheeler Market Future Outlook and Projections, FY’2016-FY’2020
India Online Used Two-Wheeler Market
Key Opportunities for the Future
17.1. Cause and Effect Relationship between Dependent and Independent Factors of India Used Two Wheeler Market
18. Expert Take on India Used Two Wheeler Market
Droom Technology
CredR
19. Analyst Recommendations
Business Model
Marketing Strategies
Offering Discounts
Value Added Services
20. Macro Economic Variables Impacting the India Used Two Wheeler Market
20.1. Personal Disposable of India, CY’2010-CY’2020
20.2. Population of India, CY’2010-CY’2020
20.3. Two Wheeler Sales in India, CY’2010-CY’2020
20.4. Internet Users in India, CY’2010-CY’2020
20.5. Online Classifieds Market Size, CY’2010-CY’2020
20.6. FDI in Automotive Sector, CY’2010-CY’2015
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