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Global Electric Two-Wheeler Market Report 2022: Increasing Environmental Concerns Among Consumers Drives Growth

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Global Electric Two-Wheeler Market

Global Electric Two-Wheeler Market
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

Attachment

CONTACT: CONTACT: ResearchAndMarkets.com Laura Wood,Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900