India Two-Wheeler Aftermarket Component Market 2025-2033
Base Year: 2024
Historical Years: 2019-2024
Forecast Years: 2025-2033
Market Size in 2024: USD 890 Million
Market Forecast in 2033: USD 1,400 Million
Market Growth Rate: 4.5% (2025-2033)
The India two-wheeler aftermarket component market size reached USD 890 Million in 2024 and is expected to reach USD 1,400 Million by 2033, exhibiting a growth rate (CAGR) of 4.5% during 2025-2033.
India Two-Wheeler Aftermarket Component Market Trends:
The India two-wheeler aftermarket component market is undergoing a strong transformation brought about by changing consumer behavior, escalating vehicle ownership, and awareness toward vehicle maintenance. Being among one of the world's largest two-wheeler markets, the demand for replacement parts such as filters, brake pads, tires, chains, and electrical components grows slowly but steadily. Quality aftermarket parts are more sought after these days by consumers who seek longevity and are cost-effective compared to OEMs. Moreover, the fast rise of online portals and mobile-based service providers has brought aftermarket components to every nook and corner of the country.
The interest in aesthetics and performance upgrades for bounding young consumers also fuels the market for attractive and high-performance components. The increase in organized workshops and multi-brand service centers is also contributing further toward higher demand for quality-approved aftermarket components readily available from well-recognized brands. On the other hand, the rise in the preference for preventive maintenance and road safety in general drives consumers to replace the worn-out parts more often. This shift in demand leads to innovations both in the distribution and in the quality of products later reinforcing the value proposition of trusted aftermarket brands.
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India Two-Wheeler Aftermarket Component Market Scope and Growth Analysis:
Due to the increasing age of vehicles, between high commuting distances and the preference for cheap maintenance, there has been an expansion of the two-wheeler aftermarket component market in India. Thus with an increase in the number of two-wheelers on the Indian roads, there is an equal demand for quality and affordable replacement components. On the other hand, with the advent of shared mobility and last-mile delivery services, increased awareness is being generated toward quicker part replacement cycles especially in urban centers. They are also contributing toward controlling emissions and, as far as road safety authorities are concerned, allow for periodical checking of vehicles. These practices encourage the use of certified aftermarket parts.
On the contrary, their local manufacturers take care of scaling production and offering competitive components designed for the needs of various vehicle segments. Make in India further empowers this eco-system to come up with solutions through indigenous production rather than imports. With rural consumers becoming more brand-aware, an increase in demand for quality and warranty-backed aftermarket components is on the rise. Hence, with further enhancements in distribution networks, rising vehicle retention rates, and an empowered consumer base, the India two-wheeler aftermarket component market shall maintain its course of long-term growth while getting more sophisticated and far-reaching.
India Two-Wheeler Aftermarket Component Market Outlook and Segmentation:
The market report offers a comprehensive analysis of the segments, highlighting those with the largest India two-wheeler aftermarket component market share. It includes forecasts for the period 2025-2033 and historical data from 2019-2024 for the following segments.
Component Type Insights:
- Engine Components
- Braking Components
- Suspension Components
- Electrical Components
- Body Parts
Vehicle Type Insights:
- Motorcycles
- Scooters
- Mopeds
- Electric Two-Wheelers
Material Type Insights:
- Metals
- Plastics
- Composites
- Rubber
Distribution Channel Insights:
- Online Retailers
- Offline Retailers
- Authorized Dealerships
- Wholesale Distributors
Regional Insights:
- North India
- South India
- East India
- West India
Competitive Landscape:
The report offers an in-depth examination of the competitive landscape. It includes a thorough competitive analysis encompassing market structure, key player positioning, leading strategies for success, a competitive dashboard, and a company evaluation quadrant.
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Other key areas covered in the report:
- COVID-19 Impact on the Market
- Porter’s Five Forces Analysis
- Strategic Recommendations
- Market Dynamics
- Historical, Current and Future Market Trends
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain Analysis
- Comprehensive Mapping of the Competitive Landscape
- Top Winning Strategies
- Recent Industry News
- Key Technological Trends & Development
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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