Environment Best Marketing Bikes makes rankingin 2023 dominated by Honda. There are three Indian producers in the Leading 5 and four Chinese in the leading 10.
For the initially time we made the decision to share the rating of the Top 10 Brand names in the Entire world. Remember to be aware knowledge includes only 2/3 wheeler in the scooter, underbone, moped and motorcycles category. This necessarily mean that Tuk Tuk are not incorporated and ATV/RUV or kick scooter neither.
For the duration of the 2023, the world wide bikes market (which includes moped, scooter, motorcycles, underbone) have recovered reporting 62.5 million sales, up 2.6%, though the sudden drop described for the electrical segment.
Seeking at the merged profits details in the 92 place for which we gather new 2-wheeler registrations, the Major 10 brand names ranking experiences several improvements from the prior year with 2 chinese makers as protagonist, a person in a undesirable future and one particular in a very good.
However, starting from the leading, the leader, as in the final 50 many years is Honda.
Not a surprise, of training course. It is pretty much nicely known that the Japanese company dominates the industry with about one particular third of the field in its arms.
In 2023, Honda marketed 18.4 million two wheeler globally (+4.3%) in close proximity to .7 million extra than in the previous calendar year.
The next area the Indian Hero Motor confirmed the place thanks to 5.6 million income (+5.4%) received for the most in India.
Indeall need to be viewed as a momentary hassle as the company is chief in the electric powered autos R&D and producing and will be back again on developing track previously in the 2nd half.
In 3rd location there is Yamaha with 4.6 million (+.9%). Yamaha sector share at 7.5% is 5 factors beneath the 2012 achievement.
In fourth location the indian Bajaj Automobile with 3.6 million sales (+8.7%) thanks to the potent domestic performance.
In fifth place 1 the swiftest developing indian OEM, TVS Motor, which offered 3.4 million (+19.8%).
Losing 3 place from the previous yr, Yadea, the EVs professional, is in deep complications. Promoting 2.5 million EVs in 2023 it claimed a 49.7% fall from the preceding calendar year.
In seventh location there is a quick recoveringSuzuki with 1.9 million product sales (+7.1%).
Powering three Chinese giants, Haojue, Loncin and Zongshen.
