The Asia-Pacific region is known as the gold mine of the worldwide motorcycle market. This place focuses on countries with a huge amount of motorbike ownership and consumption. Today’s article we will learn about 5 countries with the largest number of motorbikes in the world. Invite you to consult.
India
India is the leading country in the world in terms of motorcycle consumption. According to statistics, in 2018, the number of motorbikes sold in this country reached 21.5 million, rising to the top 1 position in the world in terms of motorbike consumption.
However, in this market, the motorcycle company that consumes the most is not Honda of Japan. Like other countries, it is the domestic motorcycle brand Hero.
Not only stopping in the country, but this Hero car company is popular in multi-religious countries and has become the second largest car company in the world.
China
Despite having the world’s largest population of 1.4 billion people (2018), China’s motorcycle consumption rate is only second. After India. After reaching a record number to lead the world in 2014 with a huge number of 26.9 million motorbikes sold.
By 2015, the Chinese government introduced strict policies and regulations to control purchasing power. As soon as 2016, with the number of 16.8 million vehicles sold, China ceded the leading position in motorcycle consumption to India.
However, with the world’s highest population, China’s consumption alone accounts for nearly 25% of global two-wheeler consumption.
Indonesia
This is the largest Muslim country in the world and is also the country with the largest motorbike consumption in ASEAN. And ranked 3rd in the world.
Only in the first quarter of 2019, the people of this Muslim country Indonesia bought nearly 1.7 million cars. According to statistics, this figure has increased by 15% compared to the first quarter of last year.
Considering the general situation, the consumption of the two-wheeler segment of this country is about 6 times higher than that of cars.
With the motorbike market in Indonesia, the tastes of people here have many similarities. Compared with the general level in the world
Honda motorcycle brand is still the brand with the largest market share, accounting for 77%, followed by Yamaha ranked second with 21%. This is considered a lucrative market for these two Japanese car brands.
Vietnam
Due to the terrain and economic development conditions of Vietnam, motorbikes are still the most popular means of transport. And Vietnam is in the top 5 countries with the largest number of motorbikes in the world.
In the first half of 2019 alone, according to statistics, the average Vietnamese consumes nearly 8,500 vehicles per day.
Sales reached about 2 million vehicles, compared to the population of Vietnam, this is quite a large number. In terms of the percentage of new motorbike buyers, Vietnam ranks first in the world.
This may partly reflect the situation as well as the percentage of people using motorbikes dozens of times more than cars. Up to now, even the cars that are no longer in circulation, the number has reached 42,818,527 units.
If calculated according to the current population of 90.5 million people, on average, every 1,000 people will own about 460 motorbikes.
Similar to Indonesia, the taste of Vietnamese people in the motorcycle market is still the Honda joint venture, accounting for almost 73% of the market. In second place is Yamaha. The rest, the brands of large displacement vehicles also developed, but the number of sales was insignificant.
Pakistan
Finally, there is Pakistan with explosive sales of 1.9 million vehicles in 2018. To rise to the 5th position in the world in terms of owning the most motorbikes.
Like the general situation of most countries in the world, the Honda brand holds the motorcycle market here. Followed by domestic motorbike manufacturers such as United Auto, Road Prince.
With such a large number of motorbikes, there are also many professional car wash shops. To save costs, people also buy themselves a cheap high pressure car wash to serve their cleaning work.
Above is information about the countries that have and are owning the largest number of motorbikes in the world. These numbers are constantly fluctuating, due to policies encouraging or inhibiting from the government.
