Rising scooter volumes trigger new market dynamics

Five companies get more volumes from scooters than motorcycles

A rapidly growing scooter market is driving in a new trend to the domestic two-wheeler market.

Of the six manufacturers who make motorcycles and scooters, five now get more money from scooters than motorcycles. This was not case three years ago. In FY14, only two such players, Honda and Suzuki, were selling more scooters than motorcycles.

This list has now expanded to include TVS Motor, Yamaha and Mahindra two-wheelers. Hero MotoCorp is the only company (manufacturing both two-wheelers) that still sells significantly more motorcycles than scooters. Motorcycles have been Hero’s strength and its large volumes come from the rural markets