Electric Two-Wheeler Market: 2021 Size, Growth, Major Manufacturers, Regions and Forecast by 2027

[Rohan Ved]

Market Overview

The Electric Two-Wheeler Market is anticipated to grow rapidly growing at a CAGR of 13.39% during the forecast period. The global electric two-wheeler market size is driven by consistent efforts to reduce pollution and make use of renewable energy with minimum impact on the environment. These factors have helped shape the electric two-wheeler market and are expected to boost the growth. Companies in the electric two-wheeler market could also face challenges such as high initial cost as well as concerns regarding unavailability of charging stations. The details covered in the electric two-wheeler market report cover all the aspects of the industry. Analysts studying the electric two-wheeler market have also shared growth projections in the report and have suggested electric two-wheeler manufacturers market to plan business strategies accordingly.

Market Segmentation

The global electric two-wheeler market has been segmented based on type, battery type, and voltage. On the basis of type, the market for electric two-wheeler is segmented based on electric motorcycle and electric scooter. Additionally, the market on the basis of battery type, is segmented into sealed lead acid, lithium-ion and others. The global market for electric two-wheeler is also covered based on voltage segment which is further split into 24V, 36V, 48V and More than 48V.

Factors like growing demand for electric vehicles as well as government aid on services and products support the electric two-wheeler market growth. The performance of the electric two-wheeler market has also been studied for the past and current years. Additionally, the electric two-wheeler market report provides analysis of these segments. The electric two-wheeler market segmental analysis provided in the report offers major details about the electric two-wheeler market based on the data and forecasts till 2025.

Regional Overview

Companies in the electric two-wheeler market are spread across the world. The electric two-wheeler market report provides major information about regional markets of North America, Europe, Asia-Pacific (APAC), and the rest of the world. The North American electric two-wheeler market has many companies across the United States, Canada, and Mexico. The electric two-wheeler market of the Middle East, Africa, and other regions has also been studied by analysts. The regional analysis of the electric two-wheeler market can be found in the market research report. Europe has companies in the electric two-wheeler market across Germany, France, Spain, Italy, and the United Kingdom. A detailed analysis of the Electric Bikes market across India, China, and Japan in the Asia-Pacific region is also presented in the report.

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Competitive Landscape

The electric two-wheeler market is supported by rising fuel prices as well as a growing network of charging stations around the world. The population growth around the world and increasing demand of electric two-wheeler market based services and products also support the market growth. However, the electric two-wheeler market growth can be affected due to lack of awareness and limited choices. The report covers all such details which will help companies in the electric two-wheeler market to strengthen their business plan and improve their product portfolio. The electric two-wheeler market research report also provides company profiles of major companies. The company profiles of many organizations operating in the electric two-wheeler market report highlights crucial details like company size, revenue growth, and details of mergers and acquisitions taking place in the electric two-wheeler market. New companies and established businesses can plan their strategies based on this data provided in the electric two-wheeler market research report.

Key Competitors

The Key Players of the Global Electric Two-Wheeler Market are Wuxi YADEA Export-Import Co., Ltd (China), Jiangsu Xinri E-Vehicle Co., Ltd (China), Vmoto Limited (Australia), GOVECS AG (Germany), Energica Motor Company S.p.A (Italy), China Zhongneng Vehicle Group Co., Ltd (China), Hero Electric (India), Niu International (China), Ampere Vehicles (India), and Zero Motorcycles, Inc. (US)

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