DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/2l2kj7/electric) has announced the addition of the "Electric Two-Wheelers (E2Ws) Market in China 2015-2019" report to their offering.
The analysts forecast the Electric Two-Wheelers market in China to grow at a CAGR of 8.26% over the period 2014-2019.
This report covers the current scenario and growth prospects of the Electric Two-Wheelers market in China for the period 2015-2019. It presents an overview of the Chinese E2W market and the market share of key cities for the Electric Two-Wheelers market in China. This report presents market segmentation in terms of products and battery technology. It also presents the vendor landscape and a corresponding detailed analysis of the key vendors in the market. In addition, the report discusses the major drivers that influence the growth of the market and also outlines the challenges faced by the vendors and the market at large and key trends that are emerging in the market.
Improvement in battery technology is one of the most important factors contributing to the growth of the E2Ws market in China because E2Ws are powered and driven by battery-powered systems. Several improvements have been made in the battery technology of E2Ws, which are expected to contribute to the increased sales in the market.
According to the report, growing demand for E2Ws and favorable government policies are some of the major factors driving market growth. Government policies in China have propelled the growth of the E2Ws market in the country. Incentives are provided to encourage the adoption of E2Ws. These incentives could either be direct subsidies on the price or reduced taxes or policies that permit E2Ws owners to use bicycle lanes and infrastructure.
Further, the report states that growing use of lead-acid batteries in E2Ws, which cause environmental pollution, is one of the major challenges. Currently, the E2Ws available are comparatively less powerful and limited in range as compared to conventional two-wheelers.
Key Leading Cities
- Jiangsu Xinri E-Vehicle
- Yadea Technology Group
- Zhejiang Luyuan Electric Vehicle
Other Prominent Vendors
- Bodo Electric Vehicle Group
- Changzhou Hongdu Electric Bicycle
- China Xingyue Group
- eZee Kinetics Technology
- Giant Manufacturing
- Guangzhou Camqi Electric Vehicle
- Jiangsu Aima Manufacturing & Technology
- Qingdao Aucma Electric Vehicle
- Shandong Incalcu Electric Vehicle
- SYM Sanyang Industry
- Tianjin Cosbike Electric Bicycle
- Tianjin Fushida Electric Bicycle
- Tianjin Gamma Bicycle
For more information visit http://www.researchandmarkets.com/research/2l2kj7/electric.