Dublin, Jan. 04, 2021 (GLOBE NEWSWIRE) -- The "Ethiopia Two Wheeler Market, by Vehicle Type (Motorcycle, Scooter/Moped), by Engine Capacity (Up to 125cc, 126-250cc, 250-500cc and Above 500cc), by Company and by Geography, Forecast & Opportunities, 2025" report has been added to ResearchAndMarkets.com's offering.
The Ethiopian Two-Wheeler Market is projected to grow at CAGR of above 5% by 2025 in value terms, owing to government initiatives to develop the transportation system.
Ethiopia's public transportation system lacks effective management for meeting the growing trip frequency and the need of mobility of people as well as goods, which is likely to propel the demand of two-wheelers in the next five years. Moreover, poor access to workplace, education, health and other services due to ineffective public transport network in Ethiopia has led to two-wheelers emerging out as a prominent mode of transport in the country.
Based on the vehicle type, the motorcycle segment dominated the market in terms of volume and the segment is expected to maintain its position in the next five years, owing to high adoption in areas of heavy traffic congestion, utilitarian nature of two-wheelers and the high demand of motorcycles among tourists.
Major companies operating in the Ethiopian Two-Wheeler Market are Honda Motors, Harley Davidson, Piaggio, BMW, Bajaj Auto Ltd., Kawasaki Motors, Yamaha, Suzuki, KTM, TVS Motor Company etc.
The companies operating in the market are focusing on launching new products with increased speed to increase their share in the market.
Years considered for this report:
- Historical Years: 2015-2018
- Base Year: 2019
- Estimated Year: 2020
- Forecast Period: 2021-2025
Key Topics Covered:
1. Product Overview
2. Research Methodology
3. Impact of COVID-19 on Ethiopia Two Wheeler Market
4. Executive Summary
5. Voice of Customers
5.1. Factors Influencing Purchase Decision
5.2. Influencer of Purchase
5.3. Unaided/Aided Brand Recall
5.4. Brand Satisfaction Level
6. Ethiopia Two Wheeler Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value & Volume
6.2. Market Share & Forecast
6.2.1. By Vehicle Type (Scooter/Moped, Motorcycle)
6.2.2. By Engine Capacity (Up to 125cc, 126-250cc, 250-500cc and Above 500cc)
6.2.3. By Company
6.2.4. By Region
6.3. Market Attractiveness Index
7. Ethiopia Motorcycle Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value & Volume
7.2. Market Share & Forecast
7.2.1. By Engine Capacity
7.2.2. By Company
7.3. Pricing Analysis
8. Ethiopia Scooter/Moped Market Outlook
8.1. Market Size & Forecast
8.1.1. By Value & Volume
8.2. Market Share & Forecast
8.2.1. By Engine Capacity
8.2.2. By Company
8.3. Pricing Analysis
9. Import-Export Analysis
10. Market Dynamics
10.1. Drivers
10.2. Challenges
11. Market Trends & Developments
12. Ethiopia Economic Profile
13. Competitive Landscape
13.1. Piaggio & C. SpA
13.2. Bayerische Motoren Werke AG
13.3. Bajaj Auto Limited
13.4. Kawasaki Motorcycles
13.5. Yamaha Motor Company Limited
13.6. KTM AG
13.7. Gaky Engineering Automotive Ltd. (Honda)
14. Strategic Recommendations
For more information about this report visit https://www.researchandmarkets.com/r/qi1rts
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