Market Size of south africa two-wheeler Industry
| Icons | Lable | Value |
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Study Period | 2017 - 2030 |
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Market Size (2024) | USD 93.06 Million |
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Market Size (2030) | USD 261.3 Million |
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Largest Share by Propulsion Type | ICE |
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CAGR (2024 - 2030) | 18.77 % |
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Fastest Growing by Propulsion Type | Hybrid and Electric Vehicles |
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Market Concentration | Medium |
Major Players |
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*Disclaimer: Major Players sorted in no particular order |
South Africa Two-Wheeler Market Analysis
The South Africa Two-Wheeler Market size is estimated at 93.06 million USD in 2024, and is expected to reach 261.3 million USD by 2030, growing at a CAGR of 18.77% during the forecast period (2024-2030).
93.06 Million
Market Size in 2024 (USD)
261.3 Million
Market Size in 2030 (USD)
8.78 %
CAGR (2017-2023)
18.77 %
CAGR (2024-2030)
Largest Segment by Propulsion Type
79.17 %
value share, ICE, 2023
ICE two-wheelers lead due to their affordability, widespread availability, and established infrastructure, making them a popular choice in South Africa.
Fastest-growing Segment by Propulsion Type
40.61 %
Projected CAGR, Hybrid and Electric Vehicles, 2024-2030
Electric two-wheelers are growing rapidly due to increasing government incentives, rising fuel prices, and growing consumer awareness of sustainable transportation options.
Leading Market Player
13.20 %
market share, BMW Motorrad, 2023
BMW Motorrad dominates the market with its range of high-performance motorcycles, strong brand loyalty, and focus on providing premium two-wheeler solutions to South African consumers.
Second leading Market Player
11.40 %
market share, Honda Motor Co. Ltd., 2023
Honda Motor Co. Ltd holds the second spot in South Africa's two-wheeler market due to its reliable product quality and widespread dealer network.
Third Leading Market Player
7.90 %
market share, KTM Motorcycles, 2023
KTM Motorcycles is a major player due to its innovative and high-quality motorcycles, strong presence in the adventure and sports segments, and growing popularity among South African riders.
The South African two-wheeler market predicts consistent growth from 2024 to 2030, playing a key role in urban mobility solutions
- In 2023, the South African two-wheeler market observed growth, with sales reaching 15,620 units, up from 15,120 units in 2022. This increase signifies a steady interest in two-wheelers within the country, driven by their affordability, flexibility in navigating traffic, and rising fuel costs, which make two-wheelers an attractive alternative for personal mobility. The gradual growth in the South African two-wheeler market is reflective of broader trends in personal mobility, where consumers are increasingly looking for cost-effective, efficient, and environment-friendly alternatives to cars.
- While the market for electric two-wheelers in South Africa is still nascent, the global shift toward electrification is starting to shape consumer preferences and market dynamics. As infrastructure improves and environmental concerns gain traction, the potential for significant growth in the electric two-wheeler segment becomes evident.
- From 2024 to 2030, the South African two-wheeler market is expected to witness consistent growth, with sales estimated to reach 22,740 units by 2030. This upward trajectory underscores the growing acceptance of two-wheelers as a primary mode of transport, propelled by urbanization, economic factors, and an increasing recognition of their cost-effectiveness and convenience. As South Africa continues to enhance its transportation infrastructure and policies, especially in the electric segment, the two-wheeler market stands to benefit, presenting avenues for further expansion and the adoption of sustainable mobility solutions.
Understand The Key Trends Shaping This Market
South Africa Two-Wheeler Industry Segmentation
Hybrid and Electric Vehicles, ICE are covered as segments by Propulsion Type. South Africa are covered as segments by Country.
- In 2023, the South African two-wheeler market observed growth, with sales reaching 15,620 units, up from 15,120 units in 2022. This increase signifies a steady interest in two-wheelers within the country, driven by their affordability, flexibility in navigating traffic, and rising fuel costs, which make two-wheelers an attractive alternative for personal mobility. The gradual growth in the South African two-wheeler market is reflective of broader trends in personal mobility, where consumers are increasingly looking for cost-effective, efficient, and environment-friendly alternatives to cars.
- While the market for electric two-wheelers in South Africa is still nascent, the global shift toward electrification is starting to shape consumer preferences and market dynamics. As infrastructure improves and environmental concerns gain traction, the potential for significant growth in the electric two-wheeler segment becomes evident.
- From 2024 to 2030, the South African two-wheeler market is expected to witness consistent growth, with sales estimated to reach 22,740 units by 2030. This upward trajectory underscores the growing acceptance of two-wheelers as a primary mode of transport, propelled by urbanization, economic factors, and an increasing recognition of their cost-effectiveness and convenience. As South Africa continues to enhance its transportation infrastructure and policies, especially in the electric segment, the two-wheeler market stands to benefit, presenting avenues for further expansion and the adoption of sustainable mobility solutions.
| Propulsion Type | |
| Hybrid and Electric Vehicles | |
| ICE |
| Country | |
| South Africa |
Need A Different Region Or Segment?
South Africa Two-Wheeler Market Size Summary
The South African two-wheeler market is experiencing a notable expansion, driven by factors such as affordability, traffic navigation flexibility, and rising fuel costs, which make two-wheelers an appealing choice for personal mobility. This growth is part of a broader trend towards cost-effective and environmentally friendly transportation solutions. The market is also beginning to feel the impact of global electrification trends, with improving infrastructure and increasing environmental awareness paving the way for growth in the electric two-wheeler segment. As urbanization and economic factors continue to influence consumer preferences, two-wheelers are becoming more accepted as a primary mode of transport, offering convenience and cost savings.
Looking ahead, the South African two-wheeler market is set for consistent growth, with projections indicating a significant increase in sales and a substantial rise in electrification rates. The market is moderately consolidated, with major players like BMW Motorrad, Harley-Davidson, Honda Motor Co. Ltd., KTM Motorcycles, and Yamaha Motor Company Limited holding significant shares. As the automotive sector in South Africa pushes towards electrification, the two-wheeler segment is expected to make significant strides, aligning with the country's broader goals of sustainable mobility and enhanced transportation infrastructure. This presents opportunities for further market expansion and the adoption of electric two-wheelers as a viable alternative to traditional vehicles.
South Africa Two-Wheeler Market Size - Table of Contents
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1. MARKET SEGMENTATION (includes market size in Value in USD and Volume, Forecasts up to 2030 and analysis of growth prospects)
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1.1 Propulsion Type
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1.1.1 Hybrid and Electric Vehicles
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1.1.2 ICE
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1.2 Country
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1.2.1 South Africa
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South Africa Two-Wheeler Market Size FAQs
How big is the South Africa Two-Wheeler Market?
The South Africa Two-Wheeler Market size is expected to reach USD 93.06 million in 2024 and grow at a CAGR of 18.77% to reach USD 261.26 million by 2030.
What is the current South Africa Two-Wheeler Market size?
In 2024, the South Africa Two-Wheeler Market size is expected to reach USD 93.06 million.
