Mexico Two-Wheeler Market: Current Analysis and Forecast (2025-2033)

Mexico Two-Wheeler Market Size & Forecast

The Mexico Two-Wheeler Market was valued at USD ~2,424.7 million in 2024 and is expected to grow to a strong CAGR of around 6.7% during the forecast period (2025-2033F), owing to the rising urban congestion, growth in last-mile delivery services, and increasing demand for affordable personal mobility.

Mexico Two-Wheeler Market Analysis

The Mexican two-wheeler market consists of internal combustion engine (ICE) motorcycles, scooters, and electric pathways; 2024 has been quite overwhelming to the market, where about 1.9 million units were sold. Increasing urban traffic, inadequate capacity of the available transport systems, and the soaring need to afford yearning modes of personal transport are the driving factors in the market. The scooters and motor-bicycles are less expensive to maintain and can be navigated through traffic faster, making them ideal for inner-city commuting and delivering items. The volume segment is controlled by local manufacturers such as Italika, whereas electric variants are experiencing a market penetration with the support of government policies and awareness of environmental issues.

The most promising part of the market is the electric two-wheelers, which are expected to increase at a CAGR of more than ten percent in the next 10 years. This momentum is being driven by the increasing fuel prices, the proliferation of urban charging networks, and higher fleet electrification (particularly in logistics and delivery companies). The cost of operation of an electric scooter is also low; the government subsidizes it, and it is ideal to be used in a city to commute over short distances it travels. With the falling prices of batteries and increasing local production, it would be safe to assume that this segment would take up the core of the two-wheeler market of Mexico.

Recent years have seen more investment and consolidation in the two-wheeler ecosystem in Mexico. In December 2024, Yadea announced an $80 million investment to set up a two-wheeler assembly plant in the country. Electric mobility startup Vemo committed $1 billion to grow its charging infrastructure in major urban centers by 2028. Additionally, Italika increased its production capacity at its Toluca facility in early 2025 to meet rising demand in both domestic and Central American markets. This shows strong confidence in the long-term growth of the segment. These changes are reshaping the competitive landscape, attracting new entrants and allowing for more localization of both ICE and electric vehicle production.

Mexico Two-Wheeler Market Trends

This section discusses the key market trends that are influencing the various segments of the Mexico Two-Wheeler market, as found by our team of research experts.

Dominance of Low-Displacement ICE Motorcycles

Despite the increased EV usage, internal combustion engine (ICE) type motorcycles and especially those with engine capacities less than 250cc remain dominant in the Mexican market. These bikes with small engines are known to be cheap, economical, and easy to go through congested city traffic. It is the choice in rural and semi-urban locations where there is restricted EV infrastructure and supply of parts and services to traditional vehicles.

Tech & Connectivity Integration

Advanced technology is fast emerging as a feature of mid-range and premium quality two-wheeler products of Mexico. More and more frequent features include GPS navigation, Bluetooth connectivity, digital dashboards, ABS, and smartphone connectivity. Such improvements are not only to enhance the riders' experience and safety, but have a more youthful, technologically adept customer who wants only the most modern and connected cars to ride in.

Battery Swapping Models Emerging

Electric two-wheeler manufacturers are acknowledging battery-swapping technology as an approach that curbs range anxiety and limits charging offline time. This system will enable people to interchange exhausted batteries with refilled ones at select points with much ease. However, one of the current models under review is this model because it presents a possibility of achieving bulk purchases, especially in commercial fleets and delivery services within cities and towns.

Fleet & Delivery Electrification

In order to satisfy the demand related to seamless and affordable transportation that emerged as a result of e-commerce and on-demand food delivery solutions that gained popularity in Mexico has transformed logistics companies to use electric two-wheelers because of their low operating expenses and government promotion. This is one of the high-growth trends driving the EV segment in big cities such as Mexico City, Guadalajara, and Monterrey.

Mexico Two-Wheeler Industry Segmentation

This section provides an analysis of the key trends in each segment of the Mexico Two-Wheeler market report, along with forecasts at the regional and state levels for 2025-2033.

The ICE market held the dominant share of the Mexico Two-Wheeler market in 2024.

Based on Propulsion, the market is segmented into ICE, and EV. Among these, the EV segment is the fastest growing market segment. The primary driver of the electric two-wheeler (EV) sector in Mexico is strong government support for eco-friendly mobility through incentives, subsidies, and infrastructure development. With the worsening problem of pollution and the greenhouse effect in the city, the country's governments are promoting the use of the electric car with the help of tax relief, the waiver of import duty, and the EV purchase Grant. Simultaneously, the presence of charging infrastructure in the open and closed spaces, more precisely those of Mexico City, Guadalajara, and Monterrey, overcomes the feasibility of making the electric two-wheelers easier and convenient to use in the daily commutes of individuals. The overall correlation of such initiatives is very limited to the cost of entering the business of EV adoption, and has led to a positive growth in the segment.

The motorcycles segment is expected to grow with a significant CAGR during the forecast period (2025-2033) of the Mexico Two-Wheeler Market.

Based on Type, the market is segmented into Scooters, Mopeds, motorcycles, and Electric two-wheelers. Among these, Motorcycles are the largest contributor to the Mexican two-wheeler industry. The main force behind the motorcycle segment in Mexico is the growing affinity to use motorcycles as a source of transportation and to provide commercial delivery services, mainly in urban and peri-urban areas. As the cities get congested and the parking space is limited, coupled with the increasing cost of gas, a low-cost, fuel-efficient, and maneuverable means of getting around town is becoming the answer with motorcycles. Also, the boom of e-commerce and food delivery services like Rappi, Uber Eats, and Didi Food has dramatically increased the demand for motorbikes among workers of the gig economy, providing cheap and secure transportation. These reasons, coupled with the high level of availability of finances and the low cost of maintenance, have increased the preference accorded to motorcycles as the mode of both personal and professional mobility.

Central Mexico Region will grow the Mexico Two-Wheeler market during the forecast period.

Central Mexico, including important states such as Mexico City, Estado de Mexico, Querataro, Puebla, Guanajuato, and Jalisco, is the economic and the cutting edge of industry of Mexico; it is also a hot spot when it comes to the adoption of two-wheelers. High population density, urban congestion, and an expanding middle class describe the region and thus the strong demand for cheap and flexible means of personal mobility, such as motorcycles and scooters. It also becomes the center of electric mobility, where the EV infrastructure is growing, and government initiatives dedicated to green transport, as well as the usage among delivery services and young people commuting in urban areas, are increasing. Ample manufacturing capacities and availability of skilled manpower in the region also make Central Mexico an ideal administrative hub in terms of two-wheeler manufacture and supply.

Mexico Two-Wheeler Industry Competitive Landscape

The Mexico Two-Wheeler market is competitive, with several global and international market players. The key players are adopting different growth strategies to enhance their market presence, such as partnerships, agreements, collaborations, new product launches, geographical expansions, and mergers and acquisitions.

Top Mexico Two-Wheeler Companies

Some of the major players in the market are Italika, Vento, Honda, Bajaj Auto, TVS Motor, CF Moto, Zontes, Triumph, QJ Motor, and Yamaha.

Recent Developments in the Mexico Two-Wheeler Market

• In December 2024, Yadea announced an $80 million investment to establish a two-wheeler assembly plant in the country.

• Electric mobility startup Vemo committed $1 billion to expand its charging infrastructure across major urban centers by 2028.

• Additionally, Italika expanded its production capacity at its Toluca facility in early 2025 to meet growing domestic and Central American demand, signaling strong confidence in the long-term growth of the segment.

Mexico Two-Wheeler Market Report Coverage

Reasons to Buy the Mexico Two-Wheeler Market Report:

• The study includes market sizing and forecasting analysis confirmed by authenticated key industry experts.

• The report briefly reviews overall industry performance at a glance.

• The report covers an in-depth analysis of prominent industry peers, primarily focusing on key business financials, type portfolios, expansion strategies, and recent developments.

• Detailed examination of drivers, restraints, key trends, and opportunities prevailing in the industry.

• The study comprehensively covers the market across different segments.

• Deep dive regional level analysis of the industry.

Customization Options:

The Mexico Two-Wheeler market can further be customized as per the requirements or any other market segment. Besides this, UnivDatos understands that you may have your own business needs; hence, feel free to contact us to get a report that completely suits your requirements.