Global Electric Two-Wheeler Market to Reach $26.47 Billion by 2026 at a CAGR of 14.08% - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--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.
Report Scope:
In this report, the Global Electric Two-wheeler Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
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/irg4dm
Contacts
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
