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Mexico Two-Wheeler

Publisher UnivDatos Market Insights
Published Jul 01, 2025
Length 85 Pages
SKU # Univ20310252

Description

The Mexican two-wheeler market consists of internal combustion engine (ICE) motorcycles, scooters, and electric pathways; 2024 has been quite overwhelming to the market, where about 1.9 million units were sold. Increasing urban traffic, inadequate capacity of the available transport systems, and the soaring need to afford yearning modes of personal transport are the driving factors in the market. The scooters and motor-bicycles are less expensive to maintain and can be navigated through traffic faster, making them ideal for inner-city commuting and delivering items. The volume segment is controlled by local manufacturers such as Italika, whereas electric variants are experiencing a market penetration with the support of government policies and awareness of environmental issues.

The Mexico Two-Wheeler market is set to show a growth rate of about 6.7% during the forecast period (2025-2033F). The most promising part of the market is the electric two-wheelers, which are expected to increase at a CAGR of more than ten percent in the next 10 years. This momentum is being driven by the increasing fuel prices, the proliferation of urban charging networks, and higher fleet electrification (particularly in logistics and delivery companies). The cost of operation of an electric scooter is also low; the government subsidizes it, and it is ideal to be used in a city to commute over short distances it travels. With the falling prices of batteries and increasing local production, it would be safe to assume that this segment would take up the core of the two-wheeler market of Mexico.
  • Based on Propulsion, the market is segmented into ICE, and EV. Among these, the EV segment is the fastest growing market segment. The primary driver of the electric two-wheeler (EV) sector in Mexico is strong government support for eco-friendly mobility through incentives, subsidies, and infrastructure development. With the worsening problem of pollution and the greenhouse effect in the city, the country's governments are promoting the use of the electric car with the help of tax relief, the waiver of import duty, and the EV purchase Grant. Simultaneously, the presence of charging infrastructure in the open and closed spaces, more precisely those of Mexico City, Guadalajara, and Monterrey, overcomes the feasibility of making the electric two-wheelers easier and convenient to use in the daily commutes of individuals. The overall correlation of such initiatives is very limited to the cost of entering the business of EV adoption, and has led to a positive growth in the segment.
  • Based on Type, the market is segmented into Scooters, Mopeds, motorcycles, and Electric two-wheelers. Among these, Motorcycles are the largest contributor to the Mexican two-wheeler industry. The main force behind the motorcycle segment in Mexico is the growing affinity to use motorcycles as a source of transportation and to provide commercial delivery services, mainly in urban and peri-urban areas. As the cities get congested and the parking space is limited, coupled with the increasing cost of gas, a low-cost, fuel-efficient, and maneuverable means of getting around town is becoming the answer with motorcycles. Also, the boom of e-commerce and food delivery services like Rappi, Uber Eats, and Didi Food has dramatically increased the demand for motorbikes among workers of the gig economy, providing cheap and secure transportation. These reasons, coupled with the high level of availability of finances and the low cost of maintenance, have increased the preference accorded to motorcycles as the mode of both personal and professional mobility.
  • For a better understanding of the market adoption of Mexico Two-Wheeler, the market is analyzed based on its presence in regions such as Central Mexico, Northern Mexico, Western Mexico, and Others. Out of all the regions, the Central Mexico region dominated the market. Central Mexico, including important states such as Mexico City, Estado de Mexico, Querataro, Puebla, Guanajuato, and Jalisco, is the economic and the cutting edge of industry of Mexico; it is also a hot spot when it comes to the adoption of two-wheelers. High population density, urban congestion, and an expanding middle class describe the region and thus the strong demand for cheap and flexible means of personal mobility, such as motorcycles and scooters. It also becomes the center of electric mobility, where the EV infrastructure is growing, and government initiatives dedicated to green transport, as well as the usage among delivery services and young people commuting in urban areas, are increasing. Ample manufacturing capacities and availability of skilled manpower in the region also make Central Mexico an ideal administrative hub in terms of two-wheeler manufacture and supply.
  • Some major players running in the market include Italika, Vento, Honda, Bajaj Auto, TVS Motor, CF Moto, Zontes, Triumph, QJ Motor, and Yamaha.

Table of Contents

85 Pages
1 Market Introduction
1.1. Market Definitions
1.2. Main Objective
1.3. Stakeholders
1.4. Limitation
2 Research Methodology or Assumption
2.1. Research Process of the Mexico Two-Wheeler Market
2.2. Research Methodology of the Mexico Two-Wheeler Market
2.3. Respondent Profile
3 Executive Summary
3.1. Industry Synopsis
3.2. Segmental Outlook
3.2.1. Market Growth Intensity
3.2. Regional Outlook
4 Market Dynamics
4.1. Drivers
4.2. Opportunity
4.3. Restraints
4.4. Trends
4.5. PESTEL Analysis
4.6. Demand Side Analysis
4.7. Supply Side Analysis
4.7.1. Merger & Acquisition
4.7.2. Collaboration & Investment Scenario
4.7.3. Industry Insights: Leading Startups and Their Unique Strategies
5 Mexico Two-Wheeler Market Revenue (USD Mn), 2023-2033F
6 Market Insights By Propulsion
6.1. ICE
6.2. EV
7 Market Insights By Type
7.1. Scooters
7.2. Mopeds
7.3. Motorcycle
7.4. Electric Two-Wheeler
8 Market Insights By Region
8.1. Central Mexico
8.2. Northern Mexico
8.3. Western Mexico
8.4. Others
9 Value Chain Analysis
10 Competitive Landscape
10.1. Competition Dashboard
10.2. Competitor Market Positioning Analysis
10.3. Porter Five Forces Analysis
11 Company Profiled
11.1. Italika 
11.1.1. Company Overview
11.1.2. Key Financials
11.1.3. SWOT Analysis
11.1.4. Product Portfolio
11.1.5. Recent Developments
11.2. Vento 
11.3. Honda 
11.4. Bajaj Auto
11.5. TVS Motor
11.6. CF Moto
11.7. Zontes
11.8. Triumph
11.9. QJ Motor
11.10. Yamaha
12 Acronyms & Assumption
13 Annexure

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