1. Indian 2W Market has multiple MBOs that either source their inventory from an authorized dealer by purchasing 2Ws or selling 2Ws on behalf of authorized dealers by keeping certain commission
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2. In India, MBOs are now being looked at as the next emerging megatrend especially in the EV segment
3. 2W MBO market in India witnessed a huge no. of players entering the market after the 2000s, along with the entry of multiple foreign brands
4. However, MBO industry has been witnessing several headwinds in the recent past, including subdued demand for 2Ws concurrently affecting the MBO sales
5. But, Diversification, Digitalization, and Expansion will help the industry to proliferate in the country in the coming years
Some of the Intelligence Curated by Ken Research in Automotive Market Space:
- KSA Automotive Market Outlook to 2027 Driven by rising influx of women drivers and domestic manufacturing in the KSA
- USA EV & EV Charging Equipment Market Outlook to 2027 Driven by growing market driven by government support and customer drive towards cost-efficient mobility
- Global Used Vehicle Market Outlook to 2027 Driven by Type of Market Structure, by Type of Vehicle, by Age of vehicle, by kms Driven and by Region
- Vietnam Car Rental Market Outlook to 2027F Driven by Increasing Internet Penetration Rate, Tourism and Urbanization
- Nigeria Lubricants Market Outlook 2027F Driven by demand for expanding wind energy sector & rising demand for high performance lubricants
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