Growth in India Commercial Two Wheeler Market: Ken ResearchPosted by kenresearch on December 29th, 2020
Expanding Partnerships with Delivery Agents, Third Party Logistics and Rental Companies: Companies deploying commercial two wheelers are reducing dependence on personal vehicle and expanding partnerships with delivery agents, logistic companies and rental companies for fleet management. Food Delivery, Grocery Delivery, Bike Taxi and E Commerce Delivery companies are focussing on expanding their service operations across Tier II and Tier III cities. Pune, Chandigarh, Kanpur, Ahmedabad are mapped as emerging regions for demand of Commercial Two Wheeler Fleet in India. Challenges in Commercial Two Wheeler Market: Low Payouts and Incentives, low internet connectivity in certain locations, poor customer behavior and long waiting time are the major challenges faced by delivery agents in fulfilling customer orders. Another major challenge faced by food delivery, grocery delivery and e commerce delivery companies is management of last mile delivery. Driver shortages, proof of delivery, route optimization, customer behaviour are a few challenges faced by e commerce, grocery delivery and food delivery companies in the management of last mile delivery. Substituting Regular Two Wheelers with Electrical Vehicles: With ever increasing need for environment conservation, companies are focusing on expanding their fleet of electric vehicles. Companies like Domino’s; Big Basket uses electrical two wheelers for last mile delivery. According to the report by Ken Research titled “India Commercial Two Wheeler Market Outlook to 2025: Driven by Changing Shopping Habits of Consumers and Rise in Demand from Tier II & Tier III cities” 10.4 Million commercial two wheelers were deployed in India (as on 31st March, 2020). The industry is currently positioned to be in growth stage and the demand will continue to grow owing to change in customer shopping habits, rising internet penetration, regional expansion of companies, rise in annual orders/rides/shipments, expanding partnership with delivery agents and logistics companies. Key Segments Covered: - By Market Structure Organized Market Unorganized Market By Regions Delhi NCR Bengaluru Hyderabad Mumbai Chennai Kolkata Other Regions (Pune, Chandigarh, Ahmedabad, Rajkot, Nagpur, Nashik, Aurangabad, and Others) By Vehicle Ownership Owned by Delivery Agent Owned by Company Others (Partner with Third Party Logistics and Rental Companies) By Vehicle Type Bikes Scooter & Scooty By End User Industry Grocery Delivery Market Food Delivery Market Bike Taxi Market E Commerce and Courier Delivery Market Companies Covered Big Basket Amazon (Pantry and Fresh) Grofers Spencers Big Bazaar MilkBasket Dunzo Swiggy Zomato Box8 FreshMenu Rebel Foods Dominos Rapido Ola Uber Xpressbees DTDC Gati E Kart ATS Bluedart Ecom Express Shadowfax Delhivery Lalamove Key Target Audience Online Grocery Delivery Companies E-commerce and Courier Companies Food Delivery Companies Bike Taxi Companies Ride Hailing Companies Two Wheeler OEMs Investors and Venture Capitalists Industry Associations Regulatory Bodies Time Period Captured in the Report:- Historical Period: FY’2014-FY’2020 Forecast Period: FY’2020-FY’2025 Key Topics Covered in the Report:- Payout Mechanism of Delivery Agents Impact of COVID-19 on Grocery Delivery, Food Delivery, Bike Taxi, E Commerce & Courier Delivery Market Journey of a Delivery Agent with an Aggregator Platform Working Model in Bike Taxi, Grocery Delivery, Food Delivery and E Commerce Market Vehicle Sourcing Methods in Commercial Two Wheeler Market Anticipated Growth in Grocery Delivery, Bike Taxi, Food Delivery and E Commerce Delivery Market For More Information On The Research Report, Click on The Below Link: - India Commercial Two Wheeler Market Growth Contact Us: - Ken Research Like it? Share it!More by this author |