India Motorcycles Market Size & Outlook, 2026-2033
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India motorcycles market highlights
- The India motorcycles market generated a revenue of USD 37,369.1 million in 2025 and is expected to reach USD 102,135.1 million by 2033.
- The India market is expected to grow at a CAGR of 14% from 2026 to 2033.
- In terms of segment, on-road motorcycles was the largest revenue generating type in 2025.
- On-road Motorcycles is the most lucrative type segment registering the fastest growth during the forecast period.
Motorcycles market data book summary
| Market revenue in 2025 | USD 37,369.1 million |
| Market revenue in 2033 | USD 102,135.1 million |
| Growth rate | 14% (CAGR from 2026 to 2033) |
| Largest segment | On-road motorcycles |
| Fastest growing segment | On-road Motorcycles |
| Historical data | 2021 - 2024 |
| Base year | 2025 |
| Forecast period | 2026 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | On-road Motorcycles, Off-road Motorcycles, Scooters |
Other key industry trends
- In terms of revenue, India accounted for 29.3% of the global motorcycles market in 2025.
- Country-wise, India is expected to lead the global market in terms of revenue in 2033.
- In Asia Pacific, India motorcycles market is projected to lead the regional market in terms of revenue in 2033.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 102,135.1 million by 2033.
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Motorcycles Market Scope
Motorcycles Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| TVS Motor Company | View profile | 5001-10000 | Chennai, Tamil Nadu, India, Asia | http://www.tvsmotor.com |
| HeroMotoCorp | View profile | 10001+ | New Delhi, Delhi, India, Asia | http://www.heromotocorp.com/en-in/ |
| Bajaj | View profile | 10001+ | Pune, Maharashtra, India, Asia | https://www.bajajauto.com/ |
| Yamaha Motor Co Ltd | View profile | 65477 | 2500, Shingai, Iwata, Shizuoka, Japan, 438-8501 | http://www.yamaha-motor.co.jp |
| Bayerische Motoren Werke AG | View profile | 154950 | Petuelring 130, Munich, BY, Germany, 80809 | https://www.bmwgroup.com |
| Suzuki Motor Corp | View profile | 114903 | 300 Takatsuka-cho, Minami-ku, Shizuoka, Hamamatsu, Japan, 432-8611 | https://www.globalsuzuki.com |
| Piaggio & C. SpA | View profile | 5925 | Viale Rinaldo Piaggio, 25, Pontedera, Pisa, Italy, 56025 | https://www.piaggiogroup.com |
| Honda Motor Co Ltd | View profile | 194993 | Number 1-1, Minami-Aoyama 2-chome, Minato-ku, Tokyo, Japan, 107-8556 | https://global.honda |
| Yadea Group Holdings Ltd Shs Unitary 144A/RegS | View profile | 12338 | Xishan Road, Dacheng Industrial Zone, Anzhen Town, Xishan District, Jiangsu Province, Wuxi, China, People's Republic of | https://www.yadea.com.cn |
| Harley-Davidson Inc | View profile | 6400 | 3700 West Juneau Avenue, Milwaukee, WI, United States, 53208 | https://www.harley-davidson.com |
India motorcycles market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to motorcycles market will help companies and investors design strategic landscapes.
On-road motorcycles was the largest segment with a revenue share of 60.75% in 2025. Horizon Databook has segmented the India motorcycles market based on on-road motorcycles, off-road motorcycles, scooters covering the revenue growth of each sub-segment from 2021 to 2033.
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Our clientele includes a mix of motorcycles market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the India motorcycles market , including forecasts for subscribers. This country databook contains high-level insights into India motorcycles market from 2021 to 2033, including revenue numbers, major trends, and company profiles.
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India motorcycles market size, by type, 2021-2033 (US$M)
India Motorcycles Market Outlook Share, 2025 & 2033 (US$M)
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