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Splendor maintains its lead because the No 1 two wheeler of India adopted by the likes of Activa, Pulsar, and so forth
As we bid farewell to 2023, the Indian two-wheeler market witnessed a dynamic shut with spectacular gross sales figures for December. This text explores the highest 10 two-wheelers that dominated the market throughout this era, shedding gentle on their gross sales efficiency, year-on-year progress, and the general market share.
High 10 Two Wheelers Dec 2023 vs Dec 2022
Main the pack is the long-lasting Hero Splendor, with a outstanding 2,27,748 items offered in December 2023. Regardless of a marginal improve of 1.02% from the earlier yr, the Splendor maintains its stronghold because the go-to selection for Indian riders, commanding a considerable 26.80% market share. Honda Activa secures the second place with 1,44,335 items offered, demonstrating a powerful 49.65% year-on-year progress.
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Bajaj Pulsar claims the third spot with 1,06,734 items offered. Boasting a progress price of 42.75% in comparison with the earlier yr, the Pulsar stays a favourite within the motorbike phase, capturing a 12.56% market share. Regardless of a slight dip of two.98% in gross sales, the Honda Shine retains its place within the high 4 with 85,144 items offered. With a ten.02% market share, the Shine continues to be a big participant within the commuter motorbike phase.
Hero HF Deluxe, with 61,056 items offered, skilled a year-on-year decline of 43.34%. Nonetheless, it stays a outstanding selection available in the market, securing a 7.19% share. Within the scooter phase, the TVS Jupiter exhibited stellar efficiency with 59,538 items offered, showcasing a considerable 49.41% progress. With a 7.01% market share, the Jupiter continues to be a most well-liked selection amongst scooter fanatics.
![Top 10 Two Wheelers Dec 2023 vs Nov 2023 - MoM comparison](https://www.rushlane.com/wp-content/uploads/2024/01/top-10-two-wheelers-dec-2023-2-600x335.jpg)
Suzuki Entry, with 53,898 items offered, witnessed a powerful 78.30% progress, reflecting its recognition amongst shoppers. The scooter instructions a 6.34% market share, highlighting its robust market presence. The TVS Raider, a motorbike identified for its model and efficiency, secured 39,443 unit gross sales, marking a 51.34% progress. With a 4.64% market share, the Raider is establishing itself as a formidable contender within the motorbike phase.
The TVS XL, a moped with a utilitarian design, recorded 38,290 unit gross sales, reaching a 47.49% progress. With a 4.51% market share, the TVS XL continues to cater to a singular phase of shoppers. Closing the highest 10 is the Hero Ardour, experiencing an astonishing year-on-year progress of 1373.47%. With 33,551 items offered, the Ardour captures a 3.95% market share, showcasing its resurgence available in the market.
Month on Month Comparability
December 2023 witnessed intriguing developments within the Indian two-wheeler market, showcasing notable shifts in shopper preferences and market dynamics. This text delves into the month-on-month comparability of the highest 10 two-wheelers, analyzing gross sales figures, progress charges, and adjustments in market shares from November to December 2023.
Hero Splendor skilled a 9.19% decline in gross sales from November to December 2023, with 2,27,748 items offered. Honda Activa, securing the second spot, confronted a notable 26.38% lower in gross sales, with 1,44,335 items offered in December. Bajaj Pulsar witnessed an 18.15% decline in gross sales, promoting 1,06,734 items in December.
Honda Shine skilled a big 45.40% drop in gross sales, with 85,144 items offered in December. Hero HF Deluxe confronted the steepest decline in gross sales, with a 47.56% drop and 61,056 items offered. TVS Jupiter skilled an 18.28% decline in gross sales, with 59,538 items offered in December.
Suzuki Entry demonstrated resilience, registering a modest 2.64% progress with 53,898 items offered. TVS Raider confronted a marginal decline of 0.97% in gross sales, with 39,443 items offered. TVS XL skilled an 11.94% decline in gross sales, with 38,290 items offered. The TVS XL maintains a 3.98% market share, catering to a singular phase of shoppers. Hero Ardour skilled a 3.45% decline in gross sales, with 33,551 items offered within the earlier month.
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