Market Highlights: —
The technological advancements introduced in the automobile industry has paved the way for the e-vehicles market which has intensified the market growth for electric two wheelers. According to the latest report published by Market Research Future (MRFR), the global electric two-wheeler market is poised to grow moderately throughout the forecast period 2017 to 2023.
The advent of increased greenhouse and carbon emissions is expected to contribute to the adoption of electric scooters over the next years. E-transportation has become an eco-friendly alternative with growing pressure to reduce the carbon footprint across the globe. Factors such as an increase in fuel costs and maintenance of fuel-powered vehicles are expected to have positive impact on the industry growth. Over the past years, there has been an upsurge in the awareness of air quality and environmental concerns. Among the major growth strategies adopted by the various players, product development and new product launch account for the largest share. With the declining battery costs, new government targets for the introduction of e-mobility, and decent growth in renewable sector, manufacturers are focusing on product development with technological advancements in place.
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Vmoto Limited (Australia)
Hero Electric (India)
Jiangsu Xinri E-Vehicle Co.,Ltd. (China)
Ampere Vehicles Private Ltd. (India)
YO bykes (India)
Yadea Tech. Group Co., Ltd. (China)
F-wheel DYU (China), Hybike (China)
Zero Motorcycles Inc. (U.S.)
Market Segments Analysis:
By type, the global electric two-wheeler market has been segmented into electric scooters and electric motorcycles. The electric scooter segment held the most significant market share in 2016 due to its high demand in developing economies such as India, China, etc.
By battery type, the global market for electric two-wheeler is segmented into sealed lead acid, Lithium-ion (Li-ion), and, others. Although sealed lead acid segment exhibited robust growth in the past due to low cost, but, overheating and bulkiness have led to a shift towards the adoption of Li-ion batteries. The Li-ion segment holds immense potential for growth over the next few years.
By voltage, the market is segment into 36V, 24V, 48V, and, more than 48V. The 48V and more than 48V segments are expected to garner more market share over the forecast period as high voltage levels of batteries open avenues for cost-effective hybridization of vehicles.
On the basis of region, the market is segmented into North America, Asia Pacific, Europe, and Rest of the World. Asia Pacific accounted for the largest share in 2017, owing to the regional growth in vehicle charging infrastructure in emerging countries such as China and Taiwan, On the other hand, the electric vehicles industry in India is still at a nascent stage. Electric vehicles account for less than 1% of the total vehicle sales. However, they have a potential to grow to more than 5% in few years. At present, there are more than 400,000 electric two-wheelers on Indian roads, among which, more than 95% of electric vehicles are low-speed electric scooters, with a speed of less than 25km/hr.
However, North America is expected to emerge as a prominent region over the forecast period, U.S. having many early adopters of these vehicles due to various major manufacturers, such as Mahindra GenZe entering the market.
Electric Two-Wheeler Market Key Company
Electric Two-Wheeler Market firms
The report for Global Electric Two-Wheeler Market of Market Research Future covers extensive primary research. This is accompanied with a detailed analysis of qualitative and quantitative aspects by various industry experts and key opinion leaders to gain deeper insights into the market and industry performance. The report gives a neat picture of the current market scenario, which includes the historical and forecasted market size, in terms of value and volume, technological advancement, macroeconomic, and governing factors of the market. The report provides comprehensive information about the strategies of the top companies in the industry, along with a broad study of the different market segments and regions.
Table of Content:
1 Executive Summary
2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.2.2 Research Objective
2.3 Research Process
2.3.1 Primary Research
2.3.2 Secondary Research
2.4 Market Size Estimation
2.5 Forecast Model
3 Market Landscape
3.1 Porter s Five Forces Analysis
3.1.1 Threat Of New Entrants
3.1.2 Bargaining Power Of Buyers
3.1.3 Threat Of Substitutes
3.1.4 Segment Rivalry
3.1.5 Bargaining Power Of Buyers
3.2 Value Chain/Supply Chain Analysis
List Of Tables
Table 1 Global Electric Two-Wheeler Market: By Region, 2018 2023
Table 2 North America Electric Two-Wheeler Market: By Country, 2018 2023
Table 3 Europe Electric Two-Wheeler Market: By Country, 2018 2023
Table 4 Asia-Pacific Electric Two-Wheeler Market: By Country, 2018 2023
Table 5 RoW Electric Two-Wheeler Market: By Country, 2018 2023
Table 6 Global Electric Two-Wheeler Market, By Component, By Regions, 2018 2023
List Of Figures:
FIGURE 1 Research Process Of MRFR
FIGURE 2 Top Down & Bottom Up Approach
FIGURE 3 Market Dynamics
FIGURE 4 Impact Analysis: Market Drivers
FIGURE 5 Impact Analysis: Market Restraints
FIGURE 6 Porter s Five Forces Analysis
FIGURE 7 Value Chain Analysis
Browse more details on Report at: https://www.marketresearchfuture.com/reports/electric-two-wheeler-market-5456
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