PRTODAY / NewswireToday Free press release distribution service network

Written by / Agency / Source: TechSci Research

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

India Premium Motorcycle Market to Grow at Over 30% through 2019 Finds TechSci Research - Growing demand from High Net Worth Individuals and setting up of new premium motorcycle assembling facilities is driving premium motorcycles market in India - TechSciResearch.com
India Premium Motorcycle Market to Grow at Over 30% through 2019 Finds TechSci Research

 

NewswireToday - /newswire/ - Burnaby, British Columbia, Canada, 2014/10/01 - Growing demand from High Net Worth Individuals and setting up of new premium motorcycle assembling facilities is driving premium motorcycles market in India - TechSciResearch.com.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Motorcycle/Bike/ATV Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Prior to 2011, the demand for premium motorcycles in India was entirely addressed through imports. Heavy import dutieson these premium motorcycles used to significantly increase the selling price, thereby limiting the potential customer base.However, with the entry of US based premium motorcycle giant Harley Davidson in India in 2010and the company establishing its domestic assembling plant in the country, the market scenario changed significantly. The huge price differential between locally assembled Harley Davidson motorcycles and other imported motorcycles, coupled with brand value attached with Harley Davidson motorcycles significantly increased the sales of high powered motorcycles among Indian consumers.

According to “India Premium Motorcycle Market Forecast & Opportunities, 2019”, the India premium motorcycle market is forecast to grow at a CAGR of more than 30% during 2014-19. High Net Worth Individuals (HNI) in the country are the key target customers for premium motorcycle player operating in India. Total number of HNIs in India are projected to increase by more than 115% over the next decade, thus portraying a very positive outlook for the premium motorcycle market in India.

Premium motorcycle companies are further pushing their products in the market by starting organized travelling clubs in India, which are opened exclusively for premium motorcycle owners. This marketing strategy is further expected to increase the market penetration of premium motorcycles among India’s HNIs, especially the young HNIs.

“Premium motorcycles with engine capacities ranging from 500cc to 800cc offers better maneuver ability compared to more than 800cc motorcycles and are therefore more suitable for rough Indian roads. Consequently, the 500cc to 800cc motorcycle segment offers great growth potential in the premium motorcycle market in India over the next five years. Major global motorcycle manufacturers are expected to be increasing their focus in this segment to offer product specifically tailored to satisfy the customer requirementsin this segment.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

“India Premium Motorcycle Market Forecast and Opportunities, 2019” has evaluated the future growth potential of India premium motorcycle industry and provides statistics and information on market structure, exports and future growth. The report is intended to provide cutting-edge market intelligence and help decision makers to take sound investment decisions. Besides all this, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in India’s premium motorcycle market.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Motorcycle/Bike/ATV Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: TechSci Research

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Motorcycle/Bike/ATV articles,
CATCH Visitors via Your Competitors Announcements!


India Premium Motorcycle Market to Grow at Over 30% through 2019 Finds TechSci Research

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

|
Publisher Contact: Ken Mathews - TechSciResearch.com 
+91 12 04316223 ken.mathews[.]techsciresearch.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any TechSci Research securities in any jurisdiction including any other companies listed or named in this release.

Motorcycle/Bike/ATV via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From TechSci Research / Company Profile


Read Motorcycle/Bike/ATV Most Recent Related Newswires:

BRP Unveils Race-inspired Can-am Maverick X3 At Phoenix International Raceway
BRP’s Evinrude Network Welcomes New Dealers and OEMs
BRP Appoints Mediacom North American Media Agency of Record
BRP to Announce New Evinrude Line-up to Even More Dealers
BRP's Product Development Centre Inaugurated
Co-founder of MotorbikesIndia.com Online Magazine Philip Peters to Present The MI Sponsored Trophy at World Motorcycle Day in Thane India
Triumph Motorcycles Appoints Infor for Global Business Systems Transformation
BRP Inaugurates its Third Manufacturing Facility in Mexico
BRP Revolutionizes Snowmobiling Once Again with Debut of All New Rev Platform and 850 E-TEC Engine
Can-Am Unveils An Exclusive Race-inspired Spyder F3 Turbo Concept At Daytona International Speedway
BRP Harvests Record Design Awards in 2015
BRP Introduces A Can-Am Spyder Police Unit
BRP’S Rotax Engines Returning to Rosenbauer Portable Fire Pumps
BRP Unveils 2016 Can-Am Spyder F3-S Special Series At Sturgis Motorcycle Rally
BRP Unveils A New Turbocharged Rotax Aircraft Engine

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  Triggr & Bloom

Visit  BizJobs.com





 
  ©2016 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)