Bajaj Pulsar continued to rule the segment with a range of motorcycles on offer – TVS Apache lost No 2 spot to Honda Unicorn
In August 2024, the 150cc to 200cc motorcycle segment in India saw robust growth, with total sales reaching 1,49,608 units, marking a year-on-year increase of 12.51% compared to August 2023. This growth was largely driven by the strong performance of key models, while a few faced minor declines.
Bajaj Pulsar, Honda Unicorn, and TVS Apache Lead Sales
Bajaj Pulsar emerged as the top-selling model in the segment with 40,181 units sold, reflecting a growth of 17.31% year-on-year and commanding a market share of 26.86%. Following closely was the Honda Unicorn, which maintained its stronghold with a market share of 20.96%, despite a slight dip of 0.39% compared to last year. The TVS Apache witnessed remarkable growth, with sales increasing by 59.24%, securing a significant share of 20.08% in the segment.
Yamaha’s FZ model experienced a year-on-year decline of 7.46%, with sales dropping slightly compared to August 2023. In contrast, the Yamaha MT 15 showcased a solid performance, growing by 36.09%, indicating strong demand for this sportier model in the 150cc to 200cc segment.
Honda’s SP 160 had an outstanding growth rate of 113.26%, showcasing its rising popularity in the commuter bike segment. On the other hand, Hero XPulse 200 faced a significant decline of 25.14%, indicating challenges in the adventure motorcycle space. KTM 200 also saw a sharp drop in demand, with a 31.47% decline year-on-year.
The Honda Hornet 2.0 witnessed an extraordinary growth of 773.05%, although from a low base, capturing 0.97% of the market share. Other niche models like the Suzuki Gixxer and Bajaj Avenger saw declines of 39.23% and 13.21%, respectively. The Honda CB200X, a relatively new entrant, added 764 units to the segment’s total, contributing 0.51% of the market share. In the premium segment, the Kawasaki W175 saw a minor decline of 14.81%, maintaining a small presence in the market with a 0.03% share.
MoM Comparison
In August 2024, the 150cc to 200cc motorcycle segment in India recorded a month-on-month growth of 10.05%, with total sales reaching 1,49,608 units compared to 1,35,944 units in July 2024. Bajaj Pulsar was the standout performer, achieving an impressive 26.63% growth over July, adding 8,449 units to its total, and securing a 23.34% market share. Similarly, the Honda Unicorn saw a significant month-on-month growth of 17.46%, with a gain of 4,661 units, representing 19.63% of the segment.
Despite being one of the top models in this category, the TVS Apache saw a slight decline of 2.10%, with sales falling by 643 units compared to July 2024. Yamaha’s FZ model posted a healthy 11.76% growth in August, while the Yamaha MT 15 saw minimal growth at 0.64%. Honda’s SP 160 faced a notable decline of 10.27%, losing 556 units compared to July. On the other hand, Hero XPulse 200 posted a positive 16.13% increase in sales, reflecting a growing market for adventure motorcycles. Hero Xtreme 160R/200 also performed well, with a 9.76% growth over the previous month.
Honda Hornet 2.0 saw a 14.08% increase in sales, while the Honda CB200X experienced the highest growth rate of 40.44% month-on-month. Meanwhile, the Kawasaki W175, despite its niche presence, posted an impressive 70.37% growth, albeit with small absolute numbers. Overall, the 150cc to 200cc motorcycle segment showed positive growth in August 2024, with several key models like the Bajaj Pulsar and Honda Unicorn leading the way.
