Latin America Two-Wheeler Components Market

Market Overview:

The Latin America two-wheeler components market grew at a CAGR of around 5% during 2015-2020. Two-wheeler components refer to automotive parts that are mainly installed in scooters, motorcycles, and mopeds. They are primarily manufactured by using steel, aluminum, carbon fiber, titanium, polymers, etc. Some of the common two-wheeler components include filters, drivetrain, engine, exhaust components, fuel injection systems, ignition systems, tires, brakes, suspension systems, etc. These components are widely adopted for providing enhanced vehicle performance, better fuel efficiency, compact design, etc. In Latin America, the rising adoption of two-wheelers for their lower cost, fuel efficiency and easy maneuvering through congested roads is propelling the market for two-wheeler components.

The emerging trend of personal vehicle ownership, particularly among the millennial population, is currently driving the demand for two-wheelers in the region. Furthermore, the growing number of women commuters in Latin America is also augmenting the market growth. Several regional manufacturers are introducing specialized vehicles with compact and lightweight components to cater to the preferences of the women population, thereby bolstering the market. Apart from this, the rising sales of secondhand two-wheelers are also catalyzing the demand for automotive components in repair and refurbishment activities. Moreover, the increasing penetration of various international two-wheeler OEMs in the region has led to the launch of advanced and highly-powered components for two-wheelers. Besides this, the growing environmental concerns towards rising vehicular pollution levels have led to a gradual shift from fuel-based two-wheelers towards their electric alternatives. This has led to the emergence of hybrid and battery-based automotive components for reducing carbon emissions and enhancing vehicular performance of two-wheelers. Looking forward, IMARC Group expects the Latin America two-wheeler components market to continue its moderate growth during the next five years.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the Latin America two-wheeler components market report, along with forecasts for growth at the region level from 2021-2026. Our report has categorized the market based on region, components, vehicle type, engine capacity and distribution channel.

Breakup by Components:

• Filters
• Drivetrain and Components
• Engine and Exhaust Components
• Fuel Injection Systems
• Ignition System
• Tires
• Brakes and Components
• Suspension Systems
• Others
   

Breakup by Vehicle Type:

• Motorcycle
• Scooters
   

Breakup by Engine Capacity:

• Up-To 125cc
• 126-250cc
• 251-500cc
• Above 500cc
   

Breakup by Distribution Channel:

• OEM
• Aftermarket
   

Breakup by Country:

• Brazil
• Mexico
• Argentina
• Columbia
• Chile
• Peru
• Others
   

Competitive Landscape:

The competitive landscape of the industry has also been examined with some of the key players being Bajaj Auto Limited, Fras Le. Brazil, Harley-Davidson Inc, Hella KGaA Hueck & Co (HELLA GmbH & Co. KGaA), KYB Corporation, Robert Bosch (Robert Bosch Stiftung Gmbh), Tenneco Inc, TVS Motor Company (Sundaram- Clayton Limited), Yamaha Motor Co. Ltd. and ZF Friedrichshafen AG.

Key Questions Answered in This Report:

• How has the Latin America two-wheeler components market performed so far and how will it perform in the coming years?
• What are the key regional markets?
• What is the impact of COVID-19 on Latin America two-wheeler components market?
• What is the breakup of the market based on the components?
• What is the breakup of the market based on the vehicle type?
• What is the breakup of the market based on the engine capacity?
• What is the breakup of the market based on the distribution channel?
• What are the various stages in the value chain of the industry?
• What are the key driving factors and challenges in the market?
• What is the structure of the Latin America two-wheeler components market and who are the key players?
• What is the degree of competition in the market?

1    Preface
2    Scope and Methodology 
    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction
    4.1    Overview
    4.2    Key Industry Trends
5    Latin America Two-Wheeler Components Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6    Market Breakup by Components
    6.1    Filters
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Drivetrain and Components 
        6.2.1 Market Trends
        6.2.2 Market Forecast
    6.3    Engine and Exhaust Components 
        6.3.1 Market Trends
        6.3.2 Market Forecast
    6.4    Fuel Injection System 
        6.4.1 Market Trends
        6.4.2 Market Forecast
    6.5    Ignition System 
        6.5.1 Market Trends
        6.5.2 Market Forecast
    6.6    Tires 
        6.6.1 Market Trends
        6.6.2 Market Forecast
    6.7    Brakes and Components 
        6.7.1 Market Trends
        6.7.2 Market Forecast
    6.8    Suspension Systems 
        6.8.1 Market Trends
        6.8.2 Market Forecast
    6.9    Others 
        6.9.1 Market Trends
        6.9.2 Market Forecast
7    Market Breakup by Vehicle Type
    7.1    Motorcycle 
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Scooters  
        7.2.1 Market Trends
        7.2.2 Market Forecast
8    Market Breakup by Engine Capacity
    8.1    Up-To 125cc  
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    126-250cc   
        8.2.1 Market Trends
        8.2.2 Market Forecast
    8.3    251-500cc   
        8.3.1 Market Trends
        8.3.2 Market Forecast
    8.4    Above 500cc   
        8.4.1 Market Trends
        8.4.2 Market Forecast
9    Market Breakup by Distribution Channel
    9.1    OEM  
        9.1.1 Market Trends
        9.1.2 Market Forecast
    9.2    Aftermarket   
        9.2.1 Market Trends
        9.2.2 Market Forecast
10    Market Breakup by Country
    10.1    Brazil
        10.1.1 Market Trends
        10.1.2 Market Breakup by Components
        10.1.3 Market Breakup by Vehicle Type
        10.1.4 Market Breakup by Engine Capacity
        10.1.5 Market Breakup by Distribution Channel
        10.1.6 Market Forecast
    10.2    Mexico
        10.2.1 Market Trends
        10.2.2 Market Breakup by Components
        10.2.3 Market Breakup by Vehicle Type
        10.2.4 Market Breakup by Engine Capacity
        10.2.5 Market Breakup by Distribution Channel
        10.2.6 Market Forecast
    10.3    Argentina
        10.3.1 Market Trends
        10.3.2 Market Breakup by Components
        10.3.3 Market Breakup by Vehicle Type
        10.3.4 Market Breakup by Engine Capacity
        10.3.5 Market Breakup by Distribution Channel
        10.3.6 Market Forecast
    10.4    Columbia
        10.4.1 Market Trends
        10.4.2 Market Breakup by Components
        10.4.3 Market Breakup by Vehicle Type
        10.4.4 Market Breakup by Engine Capacity
        10.4.5 Market Breakup by Distribution Channel
        10.4.6 Market Forecast
    10.5    Chile
        10.5.1 Market Trends
        10.5.2 Market Breakup by Components
        10.5.3 Market Breakup by Vehicle Type
        10.5.4 Market Breakup by Engine Capacity
        10.5.5 Market Breakup by Distribution Channel
        10.5.6 Market Forecast
    10.6    Peru
        10.6.1 Market Trends
        10.6.2 Market Breakup by Components
        10.6.3 Market Breakup by Vehicle Type
        10.6.4 Market Breakup by Engine Capacity
        10.6.5 Market Breakup by Distribution Channel
        10.6.6 Market Forecast
    10.7    Others
        10.7.1 Market Trends
        10.7.2 Market Breakup by Components
        10.7.3 Market Breakup by Vehicle Type
        10.7.4 Market Breakup by Engine Capacity
        10.7.5 Market Breakup by Distribution Channel
        10.7.6 Market Forecast
11    SWOT Analysis
    11.1    Overview
    11.2    Strengths
    11.3    Weaknesses
    11.4    Opportunities
    11.5    Threats
12    Value Chain Analysis
13    Porters Five Forces Analysis
    13.1    Overview
    13.2    Bargaining Power of Buyers
    13.3    Bargaining Power of Suppliers
    13.4    Degree of Competition
    13.5    Threat of New Entrants
    13.6    Threat of Substitutes
14    Competitive Landscape
    14.1    Market Structure
    14.2    Key Players
    14.3    Profiles of Key Players
        14.3.1    Bajaj Auto Limited.
           14.3.1.1 Company Overview
           14.3.1.2 Product Portfolio
           14.3.1.3 Financials
        14.3.2    Fras Le. Brazil
           14.3.2.1 Company Overview
           14.3.2.2 Product Portfolio
           14.3.2.3 Financials
        14.3.3    Harley Davidson Inc.
           14.3.3.1 Company Overview
           14.3.3.2 Product Portfolio 
           14.3.3.3 Financials
           14.3.3.4 SWOT Analysis
        14.3.4    Hella KGaA Hueck & Co (HELLA GmbH & Co. KGaA)
           14.3.4.1 Company Overview
           14.3.4.2 Product Portfolio
           14.3.4.3 Financials
        14.3.5    KYB Corporation
           14.3.5.1 Company Overview
           14.3.5.2 Product Portfolio
           14.3.5.3 Financials 
        14.3.6    Robert Bosch (Robert Bosch Stiftung Gmbh)
           14.3.6.1 Company Overview
           14.3.6.2 Product Portfolio 
           14.3.6.3 SWOT Analysis
        14.3.7    Tenneco Inc.
           14.3.7.1 Company Overview
           14.3.7.2 Product Portfolio
           14.3.7.3 Financials
           14.3.7.4 SWOT Analysis 
        14.3.8    TVS Motor Company (Sundaram- Clayton Limited)
           14.3.8.1 Company Overview
           14.3.8.2 Product Portfolio
           14.3.8.3 Financials
        14.3.9    Yamaha Motor Co. Ltd.
           14.3.9.1 Company Overview
           14.3.9.2 Product Portfolio
           14.3.9.3 Financials
           14.3.9.4 SWOT Analysis 
        14.3.10    ZF Friedrichshafen AG
           14.3.10.1 Company Overview
           14.3.10.2 Product Portfolio
           14.3.10.3 SWOT Analysis

List of Figures

Figure 1: Latin America: Two-Wheeler Components Market: Major Drivers and Challenges
Figure 2: Latin America: Two-Wheeler Components Market: Sales Value (in Billion US$), 2015-2020
Figure 3: Latin America: Two-Wheeler Components Market: Breakup by Components (in %), 2020
Figure 4: Latin America: Two-Wheeler Components Market: Breakup by Vehicle Type (in %), 2020
Figure 5: Latin America: Two-Wheeler Components Market: Breakup by Engine Capacity (in %), 2020
Figure 6: Latin America: Two-Wheeler Components Market: Breakup by Distribution Channel (in %), 2020
Figure 7: Latin America: Two-Wheeler Components Market: Breakup by Country (in %), 2020
Figure 8: Latin America: Two-Wheeler Components Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 9: Latin America: Two-Wheeler Components (Filters) Market: Sales Value (in Billion US$), 2015 & 2020
Figure 10: Latin America: Two-Wheeler Components (Filters) Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 11: Latin America: Two-Wheeler Components (Drivetrain and Components) Market: Sales Value (in Billion US$), 2015 & 2020
Figure 12: Latin America: Two-Wheeler Components (Drivetrain and Components) Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 13: Latin America: Two-Wheeler Components (Engine and Exhaust Components) Market: Sales Value (in Billion US$), 2015 & 2020
Figure 14: Latin America: Two-Wheeler Components (Engine and Exhaust Components) Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 15: Latin America: Two-Wheeler Components (Fuel Injection Systems) Market: Sales Value (in Billion US$), 2015 & 2020
Figure 16: Latin America: Two-Wheeler Components (Fuel Injection Systems) Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 17: Latin America: Two-Wheeler Components (Ignition System) Market: Sales Value (in Billion US$), 2015 & 2020
Figure 18: Latin America: Two-Wheeler Components (Ignition System) Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 19: Latin America: Two-Wheeler Components (Tires) Market: Sales Value (in Billion US$), 2015 & 2020
Figure 20: Latin America: Two-Wheeler Components (Tires) Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 21: Latin America: Two-Wheeler Components (Brakes and Components) Market: Sales Value (in Billion US$), 2015 & 2020
Figure 22: Latin America: Two-Wheeler Components (Brakes and Components) Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 23: Latin America: Two-Wheeler Components (Suspension Systems) Market: Sales Value (in Billion US$), 2015 & 2020
Figure 24: Latin America: Two-Wheeler Components (Suspension Systems) Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 25: Latin America: Two-Wheeler Components (Other Components) Market: Sales Value (in Billion US$), 2015 & 2020
Figure 26: Latin America: Two-Wheeler Components (Other Components) Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 27: Latin America: Two-Wheeler Components (Motorcycle) Market: Sales Value (in Billion US$), 2015 & 2020
Figure 28: Latin America: Two-Wheeler Components (Motorcycle) Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 29: Latin America: Two-Wheeler Components (Scooters) Market: Sales Value (in Billion US$), 2015 & 2020
Figure 30: Latin America: Two-Wheeler Components (Scooters) Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 31: Latin America: Two-Wheeler Components (Up-To 125cc) Market: Sales Value (in Billion US$), 2015 & 2020
Figure 32: Latin America: Two-Wheeler Components (Up-To 125cc) Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 33: Latin America: Two-Wheeler Components (126-250cc) Market: Sales Value (in Billion US$), 2015 & 2020
Figure 34: Latin America: Two-Wheeler Components (126-250cc) Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 35: Latin America: Two-Wheeler Components (251-500cc) Market: Sales Value (in Billion US$), 2015 & 2020
Figure 36: Latin America: Two-Wheeler Components (251-500cc) Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 37: Latin America: Two-Wheeler Components (Above 500cc) Market: Sales Value (in Billion US$), 2015 & 2020
Figure 38: Latin America: Two-Wheeler Components (Above 500cc) Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 39: Latin America: Two-Wheeler Components (OEM) Market: Sales Value (in Billion US$), 2015 & 2020
Figure 40: Latin America: Two-Wheeler Components (OEM) Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 41: Latin America: Two-Wheeler Components (Aftermarket) Market: Sales Value (in Billion US$), 2015 & 2020
Figure 42: Latin America: Two-Wheeler Components (Aftermarket) Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 43: Brazil: Two-Wheeler Components Market: Sales Value (in Billion US$), 2015 & 2020
Figure 44: Brazil: Two-Wheeler Components Market: Breakup by Components (in %), 2020
Figure 45: Brazil: Two-Wheeler Components Market: Breakup by Vehicle Type (in %), 2020
Figure 46: Brazil: Two-Wheeler Components Market: Breakup by Engine Capacity (in %), 2020
Figure 47: Brazil: Two-Wheeler Components Market: Breakup by Distribution Channel (in %), 2020
Figure 48: Brazil: Two-Wheeler Components Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 49: Mexico: Two-Wheeler Components Market: Sales Value (in Billion US$), 2015 & 2020
Figure 50: Mexico: Two-Wheeler Components Market: Breakup by Components (in %), 2020
Figure 51: Mexico: Two-Wheeler Components Market: Breakup by Vehicle Type (in %), 2020
Figure 52: Mexico: Two-Wheeler Components Market: Breakup by Engine Capacity (in %), 2020
Figure 53: Mexico: Two-Wheeler Components Market: Breakup by Distribution Channel (in %), 2020
Figure 54: Mexico: Two-Wheeler Components Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 55: Argentina: Two-Wheeler Components Market: Sales Value (in Billion US$), 2015 & 2020
Figure 56: Argentina: Two-Wheeler Components Market: Breakup by Components (in %), 2020
Figure 57: Argentina: Two-Wheeler Components Market: Breakup by Vehicle Type (in %), 2020
Figure 58: Argentina: Two-Wheeler Components Market: Breakup by Engine Capacity (in %), 2020
Figure 59: Argentina: Two-Wheeler Components Market: Breakup by Distribution Channel (in %), 2020
Figure 60: Argentina: Two-Wheeler Components Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 61: Columbia: Two-Wheeler Components Market: Sales Value (in Billion US$), 2015 & 2020
Figure 62: Columbia: Two-Wheeler Components Market: Breakup by Components (in %), 2020
Figure 63: Columbia: Two-Wheeler Components Market: Breakup by Vehicle Type (in %), 2020
Figure 64: Columbia: Two-Wheeler Components Market: Breakup by Engine Capacity (in %), 2020
Figure 65: Columbia: Two-Wheeler Components Market: Breakup by Distribution Channel (in %), 2020
Figure 66: Columbia: Two-Wheeler Components Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 67: Chile: Two-Wheeler Components Market: Sales Value (in Billion US$), 2015 & 2020
Figure 68: Chile: Two-Wheeler Components Market: Breakup by Components (in %), 2020
Figure 69: Chile: Two-Wheeler Components Market: Breakup by Vehicle Type (in %), 2020
Figure 70: Chile: Two-Wheeler Components Market: Breakup by Engine Capacity (in %), 2020
Figure 71: Chile: Two-Wheeler Components Market: Breakup by Distribution Channel (in %), 2020
Figure 72: Chile: Two-Wheeler Components Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 73: Peru: Two-Wheeler Components Market: Sales Value (in Billion US$), 2015 & 2020
Figure 74: Peru: Two-Wheeler Components Market: Breakup by Components (in %), 2020
Figure 75: Peru: Two-Wheeler Components Market: Breakup by Vehicle Type (in %), 2020
Figure 76: Peru: Two-Wheeler Components Market: Breakup by Engine Capacity (in %), 2020
Figure 77: Peru: Two-Wheeler Components Market: Breakup by Distribution Channel (in %), 2020
Figure 78: Peru: Two-Wheeler Components Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 79: Others: Two-Wheeler Components Market: Sales Value (in Billion US$), 2015 & 2020
Figure 80: Others: Two-Wheeler Components Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 81: Latin America: Two-Wheeler Components Industry: SWOT Analysis
Figure 82: Latin America: Two-Wheeler Components Industry: Value Chain Analysis
Figure 83: Latin America: Two-Wheeler Components Industry: Porter’s Five Forces Analysis

List of Tables

Table 1: Latin America: Two-Wheeler Components Market: Key Industry Highlights, 2020 and 2025
Table 2: Latin America: Two-Wheeler Components Market Forecast: Breakup by Components (in Billion US$), 2021-2026
Table 3: Latin America: Two-Wheeler Components Market Forecast: Breakup by Vehicle Type (in Billion US$), 2021-2026
Table 4: Latin America: Two-Wheeler Components Market Forecast: Breakup by Engine Capacity (in Billion US$), 2021-2026
Table 5: Latin America: Two-Wheeler Components Market Forecast: Breakup by Distribution Channel (in Billion US$), 2021-2026
Table 6: Latin America: Two-Wheeler Components Market Forecast: Breakup by Country (in Billion US$), 2021-2026
Table 7: Latin America: Two-Wheeler Components Market: Competitive Structure
Table 8: Latin America: Two-Wheeler Components Market: Key Players