The 200cc and plus market in India is growing rapidly with Royal Enfield holding the major chunk of the market and factor in the several new launches, there’s stiff competition too.
The numbers that the bikes playing around in the 200cc and plus market are more than enough to say that they all are doing not just better but good. The Royal Enfield Classic 350 being the primary driver in the 200cc plus market, there are other two-wheeler manufacturers too who have started showing their interests in this segment.
The KTM Duke 390, RC 390 and Bajaj’s Dominar 400 have sold 15,680 units in FY17 vs. just 7057 units in FY16. That’s over a two fold increase and even though the Dominar 400 has been on sale only for a few months in FY17! The latest entry into this segment, the Yamaha FZ25’s numbers are also promising. It did a healthy 3584 units in the month of March 2017.
The Classic 350, Bullet 350 and Thunderbird 350 that constitute the 350cc segment, grew at almost 32 percent. The trio sold 6,02,856 units in FY17 vs. 4,56,110 units in FY16. Now with so many players in the 200cc and plus segment, Royal Enfield does have a lot of competition and the segment is only expected to grow further. The only companies missing out on this are Hero, Honda and Suzuki.
200cc 2-Wheeler Segment Growth
– Bajaj and Royal Enfield constitute the major portion of the 200cc and plus market
– Yamaha entered the 250cc space with its new FZ25
– With the entry of the KTM Duke 250, Yamaha FZ25 and Bajaj Dominar 400, the market now has healthy competition