Electric Two-Wheeler Market Industry Size, Growth Drivers, Regions, Demands, Top Players Share, Technology and Forecast Report 2022 to 2030

Electric Two-Wheeler Market Research Report and Growth Analysis 2022 by Type (Electric Motorcycle and Electric Scooter), Battery Type (Sealed Lead Acid, Lithium-Ion and others), Voltage (24V, 36V, 48V and More than 48V) and Region – Forecast till 2030

Electric Two-Wheeler Market size is projected to develop from 1 Mn units in 2021 to 1.55 billion units by 2030, enrolling a CAGR of 34.57% during the conjecture time frame (2022 – 2030). The Global Market for Electric Two-Wheeler market is relied upon to observe fast development during the conjecture time frame. Asia-Pacific is relied upon to rule in the electric bike market attributable to the presence of China, India, and Japan.

The agricultural nations in the locale are perceived as the main nations for electric bikes and electric bike parts in the worldwide market. Additionally, interest in electric bikes among vacationers drives the market during the estimated time frame. China is one of the huge makers of electric bikes in Asia-Pacific. In 2018, China’s Development and Reform Commission reported another USD 47 billion assets, which upholds the advancement of electric vehicle (EV) innovations. The organizations in the nation plan to lessen the expenses of the electric bike to satisfy the need both locally and universally.

Key Players

• Jiangsu Xinri E-Vehicle Co. Ltd (China)
• Ampere Vehicles (India)
• Vmoto Limited(Australia)
• Hero Electric(India)
• GOVECS AG (Germany)
• Energica Motor Company S.p.A. ( Italy)
• Niu International (China)
• China Zhongneng Vehicle Group Co. (China)
• Zero Motorcycles Inc (US)
• Wuxi YADEA Export-Import Co. Ltd(China) and Others.

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Electric Two-Wheeler Market Segmentation:

The Global Electric Two-Wheeler Market is sectioned in view of Type, Battery Type, and Voltage. The electric bike market is portioned into the electric bike and electric bike based on type. The electric bike section held the biggest piece of the pie in 2018 as the electric bike is generally utilized.

By Battery Type, the worldwide electric bike market is divided into fixed lead corrosive, lithium-particle, and other. The fixed lead corrosive portion represented the biggest piece of the pie in 2018. In addition, these batteries are more practical than different kinds of and are known as “support free” batteries. They are low upkeep and battery-powered fixed lead corrosive batteries.

The fixed lead corrosive batteries are accessible in all shapes, voltages, amperages and sizes. Fixed lead corrosive batteries are classified “fixed” on the grounds that they typically don’t consider the expansion or loss of fluid. Such factors are relied upon to drive the fixed lead corrosive section development during the conjecture time frame.

Based on voltage, the electric bike market is sectioned into 24V, 36V, 48V, and more than 48V. The 48V section held the biggest piece of the pie as far as worth in 2018. The interest for rapid electric bikes is expanding attributable to the developing battery limit and a diminished load of the batteries, which is expected to fuel the development of the 48V section in the worldwide electric bike market.

Electric Two-Wheeler Market Regional Analysis:

By district, the Global Electric Two-Wheeler Market is portioned into North America, Europe, Asia-Pacific, and the remainder of the world. In 2018, Europe held the second-biggest portion of the overall industry in the worldwide electric bike market. The consistent endeavours by the public authority to diminish the gas discharge are relied upon to fuel the interest for electric bikes in the locale during the conjecture time frame—endeavours taken by the homegrown makers to configuration lighter and more energy proficient bike answers for the purchasers.

Report Scope:

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Industry News:

May 2021-Ola is good to go to deal e-bikes to worldwide business sectors this financial.

May 2021-An Italian organization, Benelli, has sent off another electric bike, Dong, which is little and has a remarkable plan.

April 2021-Gogoro, a Taiwanese electric bike market, brings held hands with Hero MotoCorp in India to the table for its battery-sharing framework in the biggest cruiser market on the planet.

1 Executive Summary

2 Market Introduction

2.1 Definition 14

2.2 Scope Of The Study 14

2.3 List Of Assumptions 15

2.4 Market Structure 16

2.5 Market Attractive Analysis 16

2.6 Global Electric Two-Wheeler Market, By Type 17

2.7 Global Electric Two-Wheeler Market, By Battery Type 18

2.8 Global Electric Two-Wheeler Market, By Voltage 19

2.9 Key Buying Criteria 19

3 Market Insights

4 Research Methodology

4.1 Research Process 22

4.2 Primary Research 23

4.3 Secondary Research 24

4.4 Market Size Estimation 25

4.5 Forecast Model 25

5 Market Dynamics

5.1 Introduction 26

5.2 Drivers 27

5.2.1 Government Initiatives To Encourage Electric Vehicle Adoption 27

5.2.2 Demand For Electric Two-Wheelers Among Tourists 28

5.2.3 Strategic Developments For Growth By Major Players 29

5.2.4 Drivers Impact Analysis 30

5.3 Restraints 30

5.3.1 High Prices Of Electric Two-Wheelers And Batteries 30

5.3.2 Underdeveloped Charging Infrastructure And Poor Aftermarket Services 30

5.3.3 Restraint Impact Analysis 31

5.4 Opportunity 31

5.4.1 Improvement Of Battery Capacity And Reduction Of Charging Duration 31

6 Market Factor Analysis

6.1 Porter’s Five Forces Model 32

6.1.1 Threat Of New Entrants 32

6.1.2 Bargaining Power Of Suppliers 33

6.1.3 Bargaining Power Of Buyers 33

6.1.4 Threat Of Substitutes 33

6.1.5 Rivalry 33

6.2 Supply Chain Analysis: Global Electric Two-Wheeler Market 34

6.2.1 Design And Development 34

6.2.2 Raw Material/Component Supply 35

6.2.3 Electric Two-Wheeler Manufacturing/Assembly 35

6.2.4 Electric Two-Wheelers Supply 35

…Continued.

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