Market Share of 2 Wheeler Fuel Tank Industry
The 2-Wheeler fuel tank market is moderately consolidated due to the presence of major players in the market. Key players in the 2-Wheeler fuel tank market include JBM Group, Luxam DK Jain Group, Goshi Giken Group, AG Industries, Wuxi Zhengda Enterprise, Harley Davidson, and Royal Enfield. Expansion of manufacturing plants and collaborations are the major characteristics of this market. For instance,
- In February 2019, JBM Group acquired a majority stake in Linde-Wiemann GmbH, a manufacturer of structural components for global automotive manufacturers.
Companies, like Harley Davidson and Royal Enfield, design and manufacture motorcycles and their respective fuel tanks within their plants, with only custom orders being outsourced to aftermarket suppliers. Most of the 2-wheeler fuel tank manufacturing companies are concentrated in the Asia-Pacific region.
Two Wheeler Fuel Tank Market Leaders
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JBM Group
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Goshi Giken
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AG Industries
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Lumax DK Jain Group
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Harley-Davidson
*Disclaimer: Major Players sorted in no particular order