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Global Electric Two-Wheeler Market Report 2022: Increasing Environmental Concerns Among Consumers Drives Growth
Global Electric Two-Wheeler Market
Dublin, Nov. 16, 2022 (GLOBE NEWSWIRE) -- The "Global Electric Two-Wheeler Market, By Vehicle Type (Scooter/Mopeds, Motorcycle), By Range (Less than 50Km, 50-100Km, 101-150Km, Above 150Km), By Battery Capacity, By Battery Type, By Region, Size, Share, Trends, Competition, Opportunity and Forecast, 2016-2026" report has been added to ResearchAndMarkets.com's offering.
The Global Electric Two-wheeler Market stood at USD10,629.17 million in 2020 and is anticipated to grow at a CAGR of 14.08% during the forecast period to reach USD26,476.81 million by 2026. Increasing government initiatives to support the production and sales of electric two-wheeler vehicles in the form of income tax incentives and subsidies, growing demand for energy-efficient commuting and ongoing technological advancements are the primary factors that are expected to drive the growth of the Global Electric Two-wheeler Market for the forecast period.
Increasing environmental concerns due to growing consumer awareness about the harmful effect of greenhouse emissions on the environment are making way for the high adoption of electric vehicles worldwide. Electric two-wheelers are witnessing high demand from all over the world as they are affordable than four-wheeler vehicles, can easily maneuver through dense traffic and have low operating and maintenance costs.
Market players are investing in research and development activities to develop innovative solutions to increase the battery life, performance and fuel efficiency and launch new electric two-wheelers models in attractive design, size, color to boost their sales. However, performance constraints and lack of proper charging infrastructure may hinder the growth of the Global Electric Two-wheeler Market in the forecast period.
The Global Electric Two-wheeler Market is segmented based on vehicle type, range, battery capacity, battery type, region, and competitional landscape. On the basis of regional analysis, Europe is expected to witness the highest CAGR growth in the forecast period, 2022-2026. Availability of lucrative incentives and income tax rebates, large number of the market players and use of advanced technologies in the manufacturing process are driving the demand for electric two-wheeler market in the region.
The top major players operating in the Global Electric Two-wheeler Market are Niu International, Yadea Technology Group Co.,Ltd., Jiangsu Xinri E-Vehicle Co.,Ltd, Viar Motor Indonesia, Zero Motorcycles, Inc., Honda Motor Company, Ltd, Deco Green Energy CO., LTD., Hero Electric Vehicles Pvt. Ltd., Okinawa Autotech Pvt. Ltd., Ampere Vehicles Private Limited.
Years considered for this report:
Historical Years: 2016-2019
Base Year: 2020
Estimated Year: 2021
Forecast Period: 2022-2026
Objective of the Study:
To analyze the historical growth and the market size of the Global Electric Two-wheeler Market from 2016 to 2020.
To estimate and forecast the market size of the Global Electric Two-wheeler Market from 2021 to 2026 and growth rate until 2026.
To classify and forecast the Global Electric Two-wheeler Market based on vehicle type, range, battery capacity, battery type, region, and competitional landscape.
To identify drivers and challenges for the Global Electric Two-wheeler Market.
To examine competitive developments such as expansions, new product launches, mergers and acquisitions, etc., in the Global Electric Two-wheeler Market.
To conduct pricing analysis for the Global Electric Two-wheeler Market.
To identify and analyze the profile of leading players operating in the Global Electric Two-wheeler Market.
Key Target Audience:
Electric two-wheeler manufacturers, suppliers, distributors, and other stakeholders
Government bodies such as regulating authorities and policy makers
Organizations, forums, and alliances related to electric two-wheeler market
Market research and consulting firms
Report Scope:
Electric Two-Wheeler Market, Vehicle Type:
Scooter/Mopeds
Motorcycle
Electric Two-Wheeler Market, By Range
50-100 Km
101-150 Km
Less than 50 Km
Above 150 Km
Electric Two-Wheeler Market, By Battery Capacity
< 25 Ah
>25 Ah
Electric Two-Wheeler Market, By Battery Type
Lead Acid
Li-ion
Electric Two-Wheeler Market, By Region
Asia-Pacific
China
Indonesia
Thailand
Philippines
Vietnam
India
Malaysia
Americas
Brazil
United States
Canada
Europe
Spain
France
Germany
Italy
UK
Key Topics Covered:
1. Product Overview
2. Research Methodology
3. Executive Summary
4. Impact of COVID-19 on Global Electric Two-Wheeler Market
5. Voice of Customer
6. Global Electric Two-Wheeler Market Outlook
7. Asia-Pacific Electric Two-Wheeler Market Outlook
8. Americas Electric Two-Wheeler Market Outlook
9. Europe Electric Two-Wheeler Market Outlook
10. Market Dynamics
11. Market Trends and Developments
12. Competitive Landscape
13. Strategic Recommendations
Companies Mentioned
Niu International
Yadea Technology Group Co.,Ltd.
Jiangsu Xinri E-Vehicle Co.,Ltd.
Viar Motor Indonesia
Zero Motorcycles, Inc.
Honda Motor Company Ltd.
Deco Green Energy CO. LTD.
Hero Electric Vehicles Pvt. Ltd.
Okinawa Autotech Pvt. Ltd.
Ampere Vehicles Private Limited
For more information about this report visit https://www.researchandmarkets.com/r/7qehg2
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