Press release
Electric Two-Wheeler Market Sees Rising Demand Across Asia, North America, Europe, MEA
Introduction:
The global electric two-wheeler market, evaluated at USD 10,629.17 million in 2020, is on a trajectory of steady growth with a projected CAGR of 14.08% during the forecast period, reaching USD 26,476.81 million in 2026. As revealed in the TechSci Research report titled "Electric Two-Wheeler Market - Global Industry Size, Share, Trends, Competition, Opportunity, and Forecast, 2016-2026," this sector is witnessing a surge in demand driven by the increasing preference for emission-free vehicles and growing environmental concerns.
Electric Two-Wheelers: Definition and Propulsion:
Electric two-wheelers, comprising motorcycles and scooters, are plug-in electric vehicles designed with no more than two wheels. Distinguished by their zero-emission propulsion and accessory systems, these vehicles rely exclusively on electricity stored in a rechargeable battery. Propelled by a power unit fueled by clean energy, electric two-wheelers represent a sustainable and eco-friendly mode of transportation.
𝐁𝐫𝐨𝐰𝐬𝐞, 𝐦𝐚𝐫𝐤𝐞𝐭 𝐝𝐚𝐭𝐚, 𝐅𝐢𝐠𝐮𝐫𝐞𝐬 𝐚𝐧𝐝 𝐚𝐧 𝐢𝐧-𝐝𝐞𝐩𝐭𝐡 𝐓𝐎𝐂 𝐨𝐧 "Electric Two-Wheeler Market" - https://www.techsciresearch.com/report/electric-two-wheeler-market/2322.html
Market Dynamics:
1. Growing Market Participants: The increasing number of participants in the global electric two-wheeler industry is poised to significantly contribute to its growth. Ongoing research and development efforts focus on enhancing efficiency, reducing charging time, and extending range, thereby addressing consumer demands for more advanced and convenient electric two-wheelers.
2. Rising Demand for Emission-Free Vehicles: The escalating demand for emission-free two-wheelers, propelled by environmental and health concerns, is a key driver of the market. As consumers seek sustainable alternatives, the electric two-wheeler industry stands as a promising solution, offering lower running and maintenance costs.
3. Challenges and Limitations: Despite the positive trajectory, challenges such as the high cost of battery replacement, scarcity of skilled mechanics, limited kilometers range, insufficient charging infrastructure, and lack of awareness pose hurdles to the market's full potential.
Benefits of the Research Report:
1. Strategic Decision-Making: The research report empowers stakeholders with strategic insights, enabling informed decision-making based on an understanding of market trends, growth projections, and potential challenges.
2. Market Size and Projection: In-depth analysis of market size and growth projections provides a comprehensive view of the current market scenario and future potential, assisting businesses in strategic planning and investment decisions.
3. Competitive Analysis: The report includes a competitive analysis, offering industry players clarity on their position, competitor strategies, and opportunities for differentiation, thus fostering a more informed and competitive market landscape.
4. Technological Trends: Insights into technological trends allow manufacturers and technology providers to stay ahead of innovation, enhancing their product offerings and meeting evolving consumer demands.
5. Regulatory Landscape: Understanding the regulatory landscape is crucial for compliance, guiding organizations through evolving requirements, especially within the context of environmental concerns and changing regulations.
Case Studies and Developments:
1. Honda's Manufacturing Capacity Enhancement: In response to the evolving automotive landscape, Honda announced the relocation of transmission assembly from the Amazonian region of Brazil. This strategic move aims to enhance operational flexibility, increase efficiency, and bolster competitiveness.
2. BMW's Production Plans in Brazil: BMW declared plans to produce the X1 model and the 3 series model in Brazil, with a total investment of USD 104.01 million (BRL 500 million). This investment signifies the company's commitment to manufacturing in the region.
The global electric two-wheeler market stands at the forefront of sustainable and innovative mobility solutions, driven by a surge in demand for emission-free vehicles and a growing awareness of environmental concerns. The industry's response to challenges and advancements in technology reflects its adaptability and potential for future growth. The research report serves as a comprehensive guide, providing stakeholders with valuable insights into market dynamics, trends, and future projections. As the industry navigates through challenges and explores opportunities, the electric two-wheeler market remains a promising sector with vast potential for innovation and expansion.
𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐭𝐡𝐞 𝐟𝐫𝐞𝐞 𝐬𝐚𝐦𝐩𝐥𝐞 𝐫𝐞𝐩𝐨𝐫𝐭 (𝘋𝘦𝘵𝘢𝘪𝘭𝘦𝘥 𝘤𝘩𝘢𝘱𝘵𝘦𝘳-𝘣𝘺-𝘤𝘩𝘢𝘱𝘵𝘦𝘳 𝘨𝘶𝘪𝘥𝘢𝘯𝘤𝘦, 𝘙𝘦𝘨𝘪𝘰𝘯𝘢𝘭 𝘈𝘯𝘢𝘭𝘺𝘴𝘪𝘴, 𝘎𝘳𝘢𝘱𝘩𝘪𝘤𝘢𝘭 𝘙𝘦𝘱𝘳𝘦𝘴𝘦𝘯𝘵𝘢𝘵𝘪𝘰𝘯, 𝘙𝘪𝘴𝘬𝘴, 𝘖𝘱𝘱𝘰𝘳𝘵𝘶𝘯𝘪𝘵𝘪𝘦𝘴, 𝘚𝘢𝘭𝘦𝘴 𝘝𝘰𝘭𝘶𝘮𝘦, 𝘙𝘦𝘷𝘦𝘯𝘶𝘦 𝘈𝘯𝘢𝘭𝘺𝘴𝘪𝘴)- https://www.techsciresearch.com/sample-report.aspx?cid=2322
Key market players in the electric two-wheeler market include :
• 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
Global electric two-wheeler market is fragmented with a lot of well-established players having presence in several countries. 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 have dominating presence in global electric two-wheeler market.
"APAC holds the largest revenue shares of 97.52% in the market and is anticipated to be leading region in the upcoming market on the account of availability of well-established electric two-wheeler industry. Furthermore, the market's growth is being aided by the quick increase in research and development in the field, as well as the increasing environment concerns. New market players are advised to invest and focus on the research and development of the electric two-wheelers and services for the brand establishment. Collaborations and regulated deals with the established market players would help the prospects of the new market player," said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
"Electric Two-Wheeler Market - Global Industry Size, Share, Trends, Segmented By Vehicle Type (Scooter/Mopeds, Motorcycle), By Range (Less than 50Km, 50-100Km, 101-150Km, Above 150Km), By Battery Capacity (25Ah), By Battery Type (Lead Acid, Li-ion), By Region, Competition Forecast & Opportunities, 2026", has evaluated the future growth potential of global electric two-wheeler market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in global electric two-wheeler market.
𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐭𝐡𝐞 𝐟𝐫𝐞𝐞 𝐬𝐚𝐦𝐩𝐥𝐞 𝐫𝐞𝐩𝐨𝐫𝐭 (𝘋𝘦𝘵𝘢𝘪𝘭𝘦𝘥 𝘤𝘩𝘢𝘱𝘵𝘦𝘳-𝘣𝘺-𝘤𝘩𝘢𝘱𝘵𝘦𝘳 𝘨𝘶𝘪𝘥𝘢𝘯𝘤𝘦, 𝘙𝘦𝘨𝘪𝘰𝘯𝘢𝘭 𝘈𝘯𝘢𝘭𝘺𝘴𝘪𝘴, 𝘎𝘳𝘢𝘱𝘩𝘪𝘤𝘢𝘭 𝘙𝘦𝘱𝘳𝘦𝘴𝘦𝘯𝘵𝘢𝘵𝘪𝘰𝘯, 𝘙𝘪𝘴𝘬𝘴, 𝘖𝘱𝘱𝘰𝘳𝘵𝘶𝘯𝘪𝘵𝘪𝘦𝘴, 𝘚𝘢𝘭𝘦𝘴 𝘝𝘰𝘭𝘶𝘮𝘦, 𝘙𝘦𝘷𝘦𝘯𝘶𝘦 𝘈𝘯𝘢𝘭𝘺𝘴𝘪𝘴)- https://www.techsciresearch.com/sample-report.aspx?cid=2322
Contact Us:
Techsci Research LLC
420 Lexington Avenue, Suite 300,
New York, United States- 10170
Tel: +13322586602
Email: sales@techsciresearch.com
Website: www.techsciresearch.com
About Us:
TechSci Research is a research based management consulting firm providing market research and advisory solutions to its customers worldwide, spanning a range of industries. TechSci Research's core values are value, integrity and insight. Led by a team of dynamic industry experts, TechSci Research provides its customers with high value market research and advisory services that helps them identify new market opportunities, growth engines and innovative ways to capture the market share. As a result, TechSci's client leads rather than follow market trends. Not bound by legacy, TechSci's cutting-edge research model leverages its decades of research knowledge and an increased use of technology as engines of innovation to deliver unique research value. Provided as an alternative to traditional market research, TechSci Research reports do not just deliver data and knowledge rather highlights the insights in a more usable and interactive format for its clients.
The global electric two-wheeler market, evaluated at USD 10,629.17 million in 2020, is on a trajectory of steady growth with a projected CAGR of 14.08% during the forecast period, reaching USD 26,476.81 million in 2026. As revealed in the TechSci Research report titled "Electric Two-Wheeler Market - Global Industry Size, Share, Trends, Competition, Opportunity, and Forecast, 2016-2026," this sector is witnessing a surge in demand driven by the increasing preference for emission-free vehicles and growing environmental concerns.
Electric Two-Wheelers: Definition and Propulsion:
Electric two-wheelers, comprising motorcycles and scooters, are plug-in electric vehicles designed with no more than two wheels. Distinguished by their zero-emission propulsion and accessory systems, these vehicles rely exclusively on electricity stored in a rechargeable battery. Propelled by a power unit fueled by clean energy, electric two-wheelers represent a sustainable and eco-friendly mode of transportation.
𝐁𝐫𝐨𝐰𝐬𝐞, 𝐦𝐚𝐫𝐤𝐞𝐭 𝐝𝐚𝐭𝐚, 𝐅𝐢𝐠𝐮𝐫𝐞𝐬 𝐚𝐧𝐝 𝐚𝐧 𝐢𝐧-𝐝𝐞𝐩𝐭𝐡 𝐓𝐎𝐂 𝐨𝐧 "Electric Two-Wheeler Market" - https://www.techsciresearch.com/report/electric-two-wheeler-market/2322.html
Market Dynamics:
1. Growing Market Participants: The increasing number of participants in the global electric two-wheeler industry is poised to significantly contribute to its growth. Ongoing research and development efforts focus on enhancing efficiency, reducing charging time, and extending range, thereby addressing consumer demands for more advanced and convenient electric two-wheelers.
2. Rising Demand for Emission-Free Vehicles: The escalating demand for emission-free two-wheelers, propelled by environmental and health concerns, is a key driver of the market. As consumers seek sustainable alternatives, the electric two-wheeler industry stands as a promising solution, offering lower running and maintenance costs.
3. Challenges and Limitations: Despite the positive trajectory, challenges such as the high cost of battery replacement, scarcity of skilled mechanics, limited kilometers range, insufficient charging infrastructure, and lack of awareness pose hurdles to the market's full potential.
Benefits of the Research Report:
1. Strategic Decision-Making: The research report empowers stakeholders with strategic insights, enabling informed decision-making based on an understanding of market trends, growth projections, and potential challenges.
2. Market Size and Projection: In-depth analysis of market size and growth projections provides a comprehensive view of the current market scenario and future potential, assisting businesses in strategic planning and investment decisions.
3. Competitive Analysis: The report includes a competitive analysis, offering industry players clarity on their position, competitor strategies, and opportunities for differentiation, thus fostering a more informed and competitive market landscape.
4. Technological Trends: Insights into technological trends allow manufacturers and technology providers to stay ahead of innovation, enhancing their product offerings and meeting evolving consumer demands.
5. Regulatory Landscape: Understanding the regulatory landscape is crucial for compliance, guiding organizations through evolving requirements, especially within the context of environmental concerns and changing regulations.
Case Studies and Developments:
1. Honda's Manufacturing Capacity Enhancement: In response to the evolving automotive landscape, Honda announced the relocation of transmission assembly from the Amazonian region of Brazil. This strategic move aims to enhance operational flexibility, increase efficiency, and bolster competitiveness.
2. BMW's Production Plans in Brazil: BMW declared plans to produce the X1 model and the 3 series model in Brazil, with a total investment of USD 104.01 million (BRL 500 million). This investment signifies the company's commitment to manufacturing in the region.
The global electric two-wheeler market stands at the forefront of sustainable and innovative mobility solutions, driven by a surge in demand for emission-free vehicles and a growing awareness of environmental concerns. The industry's response to challenges and advancements in technology reflects its adaptability and potential for future growth. The research report serves as a comprehensive guide, providing stakeholders with valuable insights into market dynamics, trends, and future projections. As the industry navigates through challenges and explores opportunities, the electric two-wheeler market remains a promising sector with vast potential for innovation and expansion.
𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐭𝐡𝐞 𝐟𝐫𝐞𝐞 𝐬𝐚𝐦𝐩𝐥𝐞 𝐫𝐞𝐩𝐨𝐫𝐭 (𝘋𝘦𝘵𝘢𝘪𝘭𝘦𝘥 𝘤𝘩𝘢𝘱𝘵𝘦𝘳-𝘣𝘺-𝘤𝘩𝘢𝘱𝘵𝘦𝘳 𝘨𝘶𝘪𝘥𝘢𝘯𝘤𝘦, 𝘙𝘦𝘨𝘪𝘰𝘯𝘢𝘭 𝘈𝘯𝘢𝘭𝘺𝘴𝘪𝘴, 𝘎𝘳𝘢𝘱𝘩𝘪𝘤𝘢𝘭 𝘙𝘦𝘱𝘳𝘦𝘴𝘦𝘯𝘵𝘢𝘵𝘪𝘰𝘯, 𝘙𝘪𝘴𝘬𝘴, 𝘖𝘱𝘱𝘰𝘳𝘵𝘶𝘯𝘪𝘵𝘪𝘦𝘴, 𝘚𝘢𝘭𝘦𝘴 𝘝𝘰𝘭𝘶𝘮𝘦, 𝘙𝘦𝘷𝘦𝘯𝘶𝘦 𝘈𝘯𝘢𝘭𝘺𝘴𝘪𝘴)- https://www.techsciresearch.com/sample-report.aspx?cid=2322
Key market players in the electric two-wheeler market include :
• 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
Global electric two-wheeler market is fragmented with a lot of well-established players having presence in several countries. 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 have dominating presence in global electric two-wheeler market.
"APAC holds the largest revenue shares of 97.52% in the market and is anticipated to be leading region in the upcoming market on the account of availability of well-established electric two-wheeler industry. Furthermore, the market's growth is being aided by the quick increase in research and development in the field, as well as the increasing environment concerns. New market players are advised to invest and focus on the research and development of the electric two-wheelers and services for the brand establishment. Collaborations and regulated deals with the established market players would help the prospects of the new market player," said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
"Electric Two-Wheeler Market - Global Industry Size, Share, Trends, Segmented By Vehicle Type (Scooter/Mopeds, Motorcycle), By Range (Less than 50Km, 50-100Km, 101-150Km, Above 150Km), By Battery Capacity (25Ah), By Battery Type (Lead Acid, Li-ion), By Region, Competition Forecast & Opportunities, 2026", has evaluated the future growth potential of global electric two-wheeler market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in global electric two-wheeler market.
𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐭𝐡𝐞 𝐟𝐫𝐞𝐞 𝐬𝐚𝐦𝐩𝐥𝐞 𝐫𝐞𝐩𝐨𝐫𝐭 (𝘋𝘦𝘵𝘢𝘪𝘭𝘦𝘥 𝘤𝘩𝘢𝘱𝘵𝘦𝘳-𝘣𝘺-𝘤𝘩𝘢𝘱𝘵𝘦𝘳 𝘨𝘶𝘪𝘥𝘢𝘯𝘤𝘦, 𝘙𝘦𝘨𝘪𝘰𝘯𝘢𝘭 𝘈𝘯𝘢𝘭𝘺𝘴𝘪𝘴, 𝘎𝘳𝘢𝘱𝘩𝘪𝘤𝘢𝘭 𝘙𝘦𝘱𝘳𝘦𝘴𝘦𝘯𝘵𝘢𝘵𝘪𝘰𝘯, 𝘙𝘪𝘴𝘬𝘴, 𝘖𝘱𝘱𝘰𝘳𝘵𝘶𝘯𝘪𝘵𝘪𝘦𝘴, 𝘚𝘢𝘭𝘦𝘴 𝘝𝘰𝘭𝘶𝘮𝘦, 𝘙𝘦𝘷𝘦𝘯𝘶𝘦 𝘈𝘯𝘢𝘭𝘺𝘴𝘪𝘴)- https://www.techsciresearch.com/sample-report.aspx?cid=2322
Contact Us:
Techsci Research LLC
420 Lexington Avenue, Suite 300,
New York, United States- 10170
Tel: +13322586602
Email: sales@techsciresearch.com
Website: www.techsciresearch.com
About Us:
TechSci Research is a research based management consulting firm providing market research and advisory solutions to its customers worldwide, spanning a range of industries. TechSci Research's core values are value, integrity and insight. Led by a team of dynamic industry experts, TechSci Research provides its customers with high value market research and advisory services that helps them identify new market opportunities, growth engines and innovative ways to capture the market share. As a result, TechSci's client leads rather than follow market trends. Not bound by legacy, TechSci's cutting-edge research model leverages its decades of research knowledge and an increased use of technology as engines of innovation to deliver unique research value. Provided as an alternative to traditional market research, TechSci Research reports do not just deliver data and knowledge rather highlights the insights in a more usable and interactive format for its clients.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage
to this press release on woodPRI. woodPRI disclaims liability for any content contained in
this release.
Recommend
/newsMicroencapsulation Market Deep Analysis on Key Players - Dow Corning, Encapsys, Syngenta Crop Protection, Evonik Industries, 3M and Bayer
Market Study Report Adds Global Microencapsulation Market Size, Status and Forecast 2024 added to its database. The report provides key statistics on the current state of the industry and other analytical data to understand the market.
Extensive research is required for choosing the appropriate cor...
/newsGermany Airbag Market Size 2023: Global Share, Industry And Report Analysis By 2030 | Hyundai Mobis Co., Ltd. Key Safety Systems, Inc. Robert Bosch GmbH
Germany airbag market is expected to grow at a CAGR of around 6% during the forecast period. Germany Airbag Market research report refers to gathering and analyzing significant market data serve as best medium for various industry players to launch novel product or service. It is vital for key firms...
/newsSecurities Brokerages And Stock Exchanges Market Outlook 2021: Big Things are Happening
A new intelligence report released by HTF MI with title "Global Securities Brokerages And Stock Exchanges Market Survey & Outlook" is designed covering micro level of analysis by Insurers and key business segments, offerings and sales channels. The Global Securities Brokerages And Stock Exchange...
/newsRenewable Chemicals Market Emerging Trends and Competitive Landscape Forecast to 2028
The renewable chemicals market was valued at US$ 80,566.30 million in 2021 and is projected to reach US$ 1,76,750.76 million by 2028 it is expected to grow at a CAGR of 11.9% from 2021 to 2028. The research report focuses on the current market trends, opportunities, future potential of the market, a...
/newsHow Coronavirus is Impacting Cold Brew Coffee, Global Market Volume Analysis, Size, Share and Key Trends 2020-2026
"Market Latest Research Report 2020:
Los Angles United States, February 2020: The Cold Brew Coffee market has been garnering remarkable momentum in the recent years. The steadily escalating demand due to improving purchasing power is projected to bode well for the global market. QY Research's lates...
/newsCorporate E-Learning Market - Global Industry Size, Share, Key Players Analysis that are Infor, SkillSoft Corporation, Adrenna, CERTPOINT Systems and others with Regional Forecast to 2022
Overview:
E-Learning is used to enhance the learning procedures for newer job requirements and to make employees sound about the internal and external changes in the market and respective organizations. This method has created considerable differences in the ways of training and developing employee...
