Electric Two-Wheeler Market - Global Industry Size, Share, Trends, Competition, Opportunity and Forecast, 2016-2026, Segmented By Vehicle Type (Scooter/Mopeds, Motorcycle), By Range (Less than 50Km, 50-100Km, 101-150Km, Above 150Km), By Battery Capacity (<25Ah, >25Ah), By Battery Type (Lead Acid, Li-ion), By Region

  • Industry : Automotive
  • Pages : 182
  • Published Date : January, 2022
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Summary

Report Description

Global electric two-wheeler market is anticipated to grow at a CAGR of 14.08% during the forecast period to reach USD26,476.81 million by 2026. Anticipated growth in the market can be attributed to growing fuel prices and surging initiatives of the government to escalate the acceptance of emission-free vehicles, including two-wheelers. Rapidly increasing urbanization, expanding charging infrastructure network, growing discretionary income are also driving the growth of the global electric two-wheeler market in the upcoming five years.

Regions across the globe have recognized the need to go electric to bring down the pollution levels generated from automobiles, including two-wheelers. Major economies such as Spain, United States and China have already speeded up the process to increase the market penetration of electric two-wheelers. The electric two-wheelers do not have an internal combustion engine like most two-wheelers have, instead, the vehicle is powered totally by a rechargeable battery. Factors like travel convenience, low total cost of ownership, comfort, efficiency, etc., have increased the demand for electric two-wheelers.

The COVID-19 pandemic has had a negative impact on the sales of electric two-wheelers across the globe. In 2020, electric two-wheeler sales declined in comparison to 2019 as countries around the world underwent strict lockdown in the second and third quarters of 2020 as a measure to counter the spread of the COVID-19 pandemic. The COVID-19 pandemic negatively impacted the sales, production and supply chain network of the electric two-wheelers. Nevertheless, due to growing government initiatives to promote the usage of electric two-wheelers and increasing fuel prices, the market is showing positive signs of recovery and is anticipated to recover in around two years.

Low Total Cost of Ownership of Electric Two-Wheelers Drives the Market Growth

Low total cost of ownership of electric two-wheelers is considered as one of the biggest selling points for electric two-wheelers. Although, the cost of the two-wheeler can itself be the same, and sometimes even more expensive than their diesel/petrol-powered counterpart, the total cost of ownership comes out to be significantly less. The major reason behind low total cost of ownership of an electric motorcycle is the surging prices of diesel and petrol. For the same distance traveled, the charging cost is comparatively cheaper than the fuel cost, as a result total cost of ownership of the electric two-wheeler decreases dramatically for a longer span of time. Moreover, total savings depend on the specific model of a person's two-wheeler and which diesel/petrol powered motorcycle one is compared with. However, in all cases, the refueling cost of an electric two-wheeler is far lower than a traditional two-wheeler.

Easier Maintenance of Electric Two-Wheelers Drives the Market Growth

The maintenance of an electric two-wheeler is much easier as electric two-wheelers are free from the complexity associated with an internal combustion engine. When it comes to maintaining the electric two-wheeler, one does not have to be concerned about all the fluids like one has to be with an internal combustion engine. Moreover, the power control unit of an electric motorcycle propels the motorcycle which comes from an electrically charged battery. The electric motorcycle lacks in terms of the number of components that are in motion, resulting in less wear and tear and, therefore, low maintenance.

Smooth Driving Experience of Electric Two-Wheelers Drives the Market Growth

It is easier to commute on an electric two-wheeler since it does not get as hot or uncomfortable as an internal combustion two-wheeler does. The absence of a combustion engine results in no exhaust, giving electric two-wheelers a smooth and noise-free operation. Moreover, the absence of gear train, gives the driver a hassle-free driving experience, as the driver does not have to focus on switching gears. Additionally, after parking the electric two-wheeler, one does not have to worry about burning their legs on parts of the engine or on the pipes, making an electric motorcycle a great choice for commuters.

Government Support for Electric Two-Wheelers Drives the Market Growth

Governments across the globe are aggressively taking steps to switch to electric vehicles and promote the need for the adoption of electric two-wheelers in the form of subsidies, incentives, tax rebates, preferential policies, etc. Paris agreement 2015 was adopted by 196 Parties at COP 21 in Paris on 12 December 2015 and entered into force on 4 November 2016. According to the agreement, the EU and other developed countries will support climate action to reduce emissions and build resilience to climate change. Developed countries intend to continue their existing collective goal to mobilize USD100 billion per year by 2020 and extend this until 2025. The agreement is anticipated to lower down the manufacturing of internal combustion of automobiles and increase the adoption of electric automobiles, including two-wheelers. Moreover, governments across the world provide electric two-wheelers with added benefits like different color number plates for easy identification, preferential treatment in parking lots, free entry in congested zones, concessional toll charges. Backed by these efforts by the government, demand for electric two-wheelers is anticipated to grow during the forecast period, consequently driving the global electric two-wheeler market.


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Market Segmentation

The global electric two-wheeler market is segmented based on vehicle type, range, battery capacity, battery type, region, and competitional landscape. Based on vehicle type, the market is further bifurcated into Scooter/Mopeds and Motorcycle. On the basis of range, the market is fragmented into Less than 50Km, 50-100Km, 101-150Km, Above 150Km. Also, segmentation of the market on the grounds of battery capacity is done into <25Ah, >25Ah. Based on battery type, the market is segmented into lead-acid, li-ion. The market analysis also studies the regional segmentation to devise regional market segmentation, divided among Asia-Pacific, Americas, Europe, Rest of the World. In terms of country, the United States electric two-wheeler market is forecast to grow at a faster rate and is expected to reach around USD680.82 million during the forecast period 2026.

Company Profiles

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, are among the major market players in the global platform that lead the market growth of the global electric two-wheeler market.

Attribute

Details

Market Size Value in 2020

USD10,629.17 Million

Revenue Forecast in 2026

USD26,476.81 Million

US Revenue Forecast in 2026

USD680.82 Million

Growth Rate

14.08%

Base Year

2020

Historical Years

2016 – 2020

Estimated Year

2021

Forecast Period

2022 – 2026

Quantitative Units

Revenue in USD Million and CAGR for 2016-2020 and 2021-2026

Report Coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered

·         Vehicle Type

·         Range

·         Battery Capacity

·         Battery Type

·         Region

·         Company

Regional Scope

Asia-Pacific, Americas, Europe, ROW

Country Scope

China, Indonesia, Thailand, Philippines, Vietnam, India, Malaysia, Brazil, United States, Canada, Spain, France, Germany, Italy, UK.

Key Companies Profiled

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

Customization Scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

Pricing and Purchase Options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/pdf format on special request)

 

Report Scope:

In this report, 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

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in global electric two-wheeler Market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

Detailed analysis and profiling of additional market players (up to five).

Table of content

1.    Product Overview

2.    Research Methodology

3.    Impact of COVID-19 on Global Electric Two-Wheeler Market

4.    Executive Summary

5.    Voice of Customer

5.1.  Brand Recall (Unaided and Aided)

5.2.  Factors Influencing Purchase Decision

5.3.  Brand Satisfaction Level

6.    Global Electric Two-Wheeler Market Outlook

6.1.  Market Size & Forecast

6.1.1.    By Value & Volume

6.2.  Market Share & Forecast

6.2.1.    By Vehicle Type (Scooter/Mopeds, Motorcycle)

6.2.2.    By Range (Less than 50Km, 50-100Km, 101-150Km, Above 150Km)

6.2.3.    By Battery Capacity (<25Ah, >25Ah)

6.2.4.    By Battery Type (Lead Acid, Li-ion)

6.2.5.    By Region

6.3.  Market Map (By Vehicle Type, By Region)

7.    Asia-Pacific Electric Two-Wheeler Market Outlook

7.1.  Market Size & Forecast

7.1.1.    By Value & Volume

7.2.  Market Share & Forecast

7.2.1.    By Vehicle Type

7.2.2.    By Range

7.2.3.    By Battery Capacity

7.2.4.    By Battery Type

7.2.5.    By Country

7.3.  Market Map (By Vehicle Type)

7.4.   Asia-Pacific: Country Analysis

7.4.1.    China Electric Two-Wheeler Market Outlook

7.4.1.1.        Market Size & Forecast

7.4.1.1.1.            By Value & Volume

7.4.1.2.        Market Share & Forecast

7.4.1.2.1.            By Vehicle Type

7.4.1.2.2.            By Range

7.4.1.2.3.            By Battery Capacity

7.4.1.2.4.            By Battery Type

7.4.1.2.5.            By Company (2020)

7.4.2.    Indonesia Electric Two-Wheeler Market Outlook

7.4.2.1.        Market Size & Forecast

7.4.2.1.1.            By Value & Volume

7.4.2.2.        Market Share & Forecast

7.4.2.2.1.            By Vehicle Type

7.4.2.2.2.            By Range

7.4.2.2.3.            By Battery Capacity

7.4.2.2.4.            By Battery Type

7.4.2.2.5.            By Company (2020)

7.4.3.    Thailand Electric Two-Wheeler Market Outlook

7.4.3.1.        Market Size & Forecast

7.4.3.1.1.            By Value & Volume

7.4.3.2.        Market Share & Forecast

7.4.3.2.1.            By Vehicle Type

7.4.3.2.2.            By Range

7.4.3.2.3.            By Battery Capacity

7.4.3.2.4.            By Battery Type

7.4.3.2.5.            By Company (2020)

7.4.4.    Philippines Electric Two-Wheeler Market Outlook

7.4.4.1.        Market Size & Forecast

7.4.4.1.1.            By Value & Volume

7.4.4.2.        Market Share & Forecast

7.4.4.2.1.            By Vehicle Type

7.4.4.2.2.            By Range

7.4.4.2.3.            By Battery Capacity

7.4.4.2.4.            By Battery Type

7.4.4.2.5.            By Company (2020)

7.4.5.    Vietnam Electric Two-Wheeler Market Outlook

7.4.5.1.        Market Size & Forecast

7.4.5.1.1.            By Value & Volume

7.4.5.2.        Market Share & Forecast

7.4.5.2.1.            By Vehicle Type

7.4.5.2.2.            By Range

7.4.5.2.3.            By Battery Capacity

7.4.5.2.4.            By Battery Type

7.4.5.2.5.            By Company (2020)

7.4.6.    India Electric Two-Wheeler Market Outlook

7.4.6.1.        Market Size & Forecast

7.4.6.1.1.            By Value & Volume

7.4.6.2.        Market Share & Forecast

7.4.6.2.1.            By Vehicle Type

7.4.6.2.2.            By Range

7.4.6.2.3.            By Battery Capacity

7.4.6.2.4.            By Battery Type

7.4.6.2.5.            By Company (2020)

7.4.7.    Malaysia Electric Two-Wheeler Market Outlook

7.4.7.1.        Market Size & Forecast

7.4.7.1.1.            By Value & Volume

7.4.7.2.        Market Share & Forecast

7.4.7.2.1.            By Vehicle Type

7.4.7.2.2.            By Range

7.4.7.2.3.            By Battery Capacity

7.4.7.2.4.            By Battery Type

7.4.7.2.5.            By Company (2020)

8.    Americas Electric Two-Wheeler Market Outlook

8.1.  Market Size & Forecast

8.1.1.    By Value & Volume

8.2.  Market Share & Forecast

8.2.1.    By Vehicle Type

8.2.2.    By Range

8.2.3.    By Battery Capacity

8.2.4.    By Battery Type

8.2.5.    By Country

8.3.  Market Map (By Vehicle Type)

8.4.   Americas: Country Analysis

8.4.1.    Brazil Electric Two-Wheeler Market Outlook

8.4.1.1.        Market Size & Forecast

8.4.1.1.1.            By Value & Volume

8.4.1.2.        Market Share & Forecast

8.4.1.2.1.            By Vehicle Type

8.4.1.2.2.            By Range

8.4.1.2.3.            By Battery Capacity

8.4.1.2.4.            By Battery Type

8.4.1.2.5.            By Company (2020)

8.4.2.    United States Electric Two-Wheeler Market Outlook

8.4.2.1.        Market Size & Forecast

8.4.2.1.1.            By Value & Volume

8.4.2.2.        Market Share & Forecast

8.4.2.2.1.            By Vehicle Type

8.4.2.2.2.            By Range

8.4.2.2.3.            By Battery Capacity

8.4.2.2.4.            By Battery Type

8.4.2.2.5.            By Company (2020)

8.4.3.    Canada Electric Two-Wheeler Market Outlook

8.4.3.1.        Market Size & Forecast

8.4.3.1.1.            By Value & Volume

8.4.3.2.        Market Share & Forecast

8.4.3.2.1.            By Vehicle Type

8.4.3.2.2.            By Range

8.4.3.2.3.            By Battery Capacity

8.4.3.2.4.            By Battery Type

8.4.3.2.5.            By Company (2020)

9.    Europe Electric Two-Wheeler Market Outlook

9.1.  Market Size & Forecast

9.1.1.    By Value & Volume

9.2.  Market Share & Forecast

9.2.1.    By Vehicle Type

9.2.2.    By Range

9.2.3.    By Battery Capacity

9.2.4.    By Battery Type

9.2.5.    By Country

9.3.  Market Map (By Vehicle Type)

9.4.   Europe: Country Analysis

9.4.1.    Spain Electric Two-Wheeler Market Outlook

9.4.1.1.        Market Size & Forecast

9.4.1.1.1.            By Value & Volume

9.4.1.2.        Market Share & Forecast

9.4.1.2.1.            By Vehicle Type

9.4.1.2.2.            By Range

9.4.1.2.3.            By Battery Capacity

9.4.1.2.4.            By Battery Type

9.4.1.2.5.            By Company (2020)

9.4.2.    France Electric Two-Wheeler Market Outlook

9.4.2.1.        Market Size & Forecast

9.4.2.1.1.            By Value & Volume

9.4.2.2.        Market Share & Forecast

9.4.2.2.1.            By Vehicle Type

9.4.2.2.2.            By Range

9.4.2.2.3.            By Battery Capacity

9.4.2.2.4.            By Battery Type

9.4.2.2.5.            By Company (2020)

9.4.3.    Germany Electric Two-Wheeler Market Outlook

9.4.3.1.        Market Size & Forecast

9.4.3.1.1.            By Value & Volume

9.4.3.2.        Market Share & Forecast

9.4.3.2.1.            By Vehicle Type

9.4.3.2.2.            By Range

9.4.3.2.3.            By Battery Capacity

9.4.3.2.4.            By Battery Type

9.4.3.2.5.            By Company (2020)

9.4.4.    Italy Electric Two-Wheeler Market Outlook

9.4.4.1.        Market Size & Forecast

9.4.4.1.1.            By Value & Volume

9.4.4.2.        Market Share & Forecast

9.4.4.2.1.            By Vehicle Type

9.4.4.2.2.            By Range

9.4.4.2.3.            By Battery Capacity

9.4.4.2.4.            By Battery Type

9.4.4.2.5.            By Company (2020)

9.4.5.    United Kingdom Electric Two-Wheeler Market Outlook

9.4.5.1.        Market Size & Forecast

9.4.5.1.1.            By Value & Volume

9.4.5.2.        Market Share & Forecast

9.4.5.2.1.            By Vehicle Type

9.4.5.2.2.            By Range

9.4.5.2.3.            By Battery Capacity

9.4.5.2.4.            By Battery Type

9.4.5.2.5.            By Company (2020)

10.  Market Dynamics

10.1.Drivers

10.2.Challenges

11.  Market Trends and Developments

12.  Competitive Landscape

12.1. Niu International

12.2. Yadea Technology Group Co.,Ltd.

12.3. Jiangsu Xinri E-Vehicle Co.,Ltd.

12.4. Viar Motor Indonesia

12.5. Zero Motorcycles, Inc.

12.6. Honda Motor Company Ltd.

12.7. Deco Green Energy CO. LTD.

12.8. Hero Electric Vehicles Pvt. Ltd.

12.9. Okinawa Autotech Pvt. Ltd.

12.10. Ampere Vehicles Private Limited

13. Strategic Recommendations

Figures and Tables

List of Figure:

Figure 1:        Global Electric Two-Wheeler Market Size, By Value (USD Million), By Volume (Units), 2016-2026F

Figure 2:        Global Electric Two-Wheeler Market Share, By Vehicle Type, By Volume, 2016-2026F

Figure 3:        Global Electric Two-Wheeler Market Share, By Range, By Volume, 2016-2026F

Figure 4:        Global Electric Two-Wheeler Market Share, By Battery Capacity, By Volume, 2016-2026F

Figure 5:        Global Electric Two-Wheeler Market Share, By Battery Type, By Volume, 2016-2026F

Figure 6:        Global Electric Two-Wheeler Market Share, By Region, By Volume, 2016-2026F

Figure 7:        Global Electric Two-Wheeler Market Map, By Vehicle Type, Market Size (Units) & Growth Rate (%)

Figure 8:        Global Electric Two-Wheeler Market Map, By Region, Market Size (Units) & Growth Rate (%)

Figure 9:        Asia-Pacific Electric Two-Wheeler Market Size, By Value (USD Million), By Volume (Units), 2016-2026F

Figure 10:      Asia-Pacific Electric Two-Wheeler Market Share, By Vehicle Type, By Volume, 2016-2026F

Figure 11:      Asia-Pacific Electric Two-Wheeler Market Share, By Range, By Volume, 2016-2026F

Figure 12:      Asia-Pacific Electric Two-Wheeler Market Share, By Battery Capacity, By Volume, 2016-2026F

Figure 13:      Asia-Pacific Electric Two-Wheeler Market Share, By Battery Type, By Volume, 2016-2026F

Figure 14:      Asia-Pacific Electric Two-Wheeler Market Share, By Country, By Volume, 2016-2026F

Figure 15:      Asia-Pacific Electric Two-Wheeler Market Map, By Vehicle Type, Market Size (Units) & Growth Rate (%)

Figure 16:      China Electric Two-Wheeler Market Size, By Value (USD Million) 2016-2026F

Figure 17:      China Electric Two-Wheeler Market Size, By Volume (Thousand Units), 2016-2026F

Figure 18:      China Electric Two-Wheeler Market Share, By Vehicle Type, By Volume, 2016-2026F

Figure 19:      China Electric Two-Wheeler Market Share, By Range, By Volume, 2016-2026F

Figure 20:      China Electric Two-Wheeler Market Share, By Battery Capacity, By Volume, 2016-2026F

Figure 21:      China Electric Two-Wheeler Market Share, By Battery Type, By Volume, 2016-2026F

Figure 22:      China Electric Two-Wheeler Market Share, By Company, By Volume, 2016-2026F

Figure 23:      Indonesia Electric Two-Wheeler Market Size, By Value (USD Million), 2016-2026F

Figure 24:      Indonesia Electric Two-Wheeler Market Size, By Volume (Thousand Units), 2016-2026F

Figure 25:      Indonesia Electric Two-Wheeler Market Share, By Vehicle Type, By Volume, 2016-2026F

Figure 26:      Indonesia Electric Two-Wheeler Market Share, By Range, By Volume, 2016-2026F

Figure 27:      Indonesia Electric Two-Wheeler Market Share, By Battery Capacity, By Volume, 2016-2026F

Figure 28:      Indonesia Electric Two-Wheeler Market Share, By Battery Type, By Volume, 2016-2026F

Figure 29:      Indonesia Electric Two-Wheeler Market Share, By Company, By Volume, 2016-2026F

Figure 30:      Thailand Electric Two-Wheeler Market Size, By Value (USD Million), 2016-2026F

Figure 31:      Thailand Electric Two-Wheeler Market Size, By Volume (Thousand Units), 2016-2026F

Figure 32:      Thailand Electric Two-Wheeler Market Share, By Vehicle Type, By Volume, 2016-2026F

Figure 33:      Thailand Electric Two-Wheeler Market Share, By Range, By Volume, 2016-2026F

Figure 34:      Thailand Electric Two-Wheeler Market Share, By Battery Capacity, By Volume, 2016-2026F

Figure 35:      Thailand Electric Two-Wheeler Market Share, By Battery Type, By Volume, 2016-2026F

Figure 36:      Thailand Electric Two-Wheeler Market Share, By Company, By Volume, 2016-2026F

Figure 37:      Philippines Electric Two-Wheeler Market Size, By Value (USD Million), 2016-2026F

Figure 38:      Philippines Electric Two-Wheeler Market Size, By Volume (Thousand Units), 2016-2026F

Figure 39:      Philippines Electric Two-Wheeler Market Share, By Vehicle Type, By Volume, 2016-2026F

Figure 40:      Philippines Electric Two-Wheeler Market Share, By Range, By Volume, 2016-2026F

Figure 41:      Philippines Electric Two-Wheeler Market Share, By Battery Capacity, By Volume, 2016-2026F

Figure 42:      Philippines Electric Two-Wheeler Market Share, By Battery Type, By Volume, 2016-2026F

Figure 43:      Philippines Electric Two-Wheeler Market Share, By Company, By Volume, 2016-2026F

Figure 44:      Vietnam Electric Two-Wheeler Market Size, By Value (USD Million), 2016-2026F

Figure 45:      Vietnam Electric Two-Wheeler Market Size, By Volume (Thousand Units), 2016-2026F

Figure 46:      Vietnam Electric Two-Wheeler Market Share, By Vehicle Type, By Volume, 2016-2026F

Figure 47:      Vietnam Electric Two-Wheeler Market Share, By Range, By Volume, 2016-2026F

Figure 48:      Vietnam Electric Two-Wheeler Market Share, By Battery Capacity, By Volume, 2016-2026F

Figure 49:      Vietnam Electric Two-Wheeler Market Share, By Battery Type, By Volume, 2016-2026F

Figure 50:      Vietnam Electric Two-Wheeler Market Share, By Company, By Volume, 2016-2026F

Figure 51:      India Electric Two-Wheeler Market Size, By Value (USD Million),  2016-2026F

Figure 52:      India Electric Two-Wheeler Market Size, By Volume (Thousand Units), 2016-2026F

Figure 53:      India Electric Two-Wheeler Market Share, By Vehicle Type, By Volume, 2016-2026F

Figure 54:      India Electric Two-Wheeler Market Share, By Range, By Volume, 2016-2026F

Figure 55:      India Electric Two-Wheeler Market Share, By Battery Capacity, By Volume, 2016-2026F

Figure 56:      India Electric Two-Wheeler Market Share, By Battery Type, By Volume, 2016-2026F

Figure 57:      India Electric Two-Wheeler Market Share, By Company, By Volume, 2016-2026F

Figure 58:      Malaysia Electric Two-Wheeler Market Size, By Value (USD Million), 2016-2026F

Figure 59:      Malaysia Electric Two-Wheeler Market Size, By Volume (Thousand Units), 2016-2026F

Figure 60:      Malaysia Electric Two-Wheeler Market Share, By Vehicle Type, By Volume, 2016-2026F

Figure 61:      Malaysia Electric Two-Wheeler Market Share, By Range, By Volume, 2016-2026F

Figure 62:      Malaysia Electric Two-Wheeler Market Share, By Battery Capacity, By Volume, 2016-2026F

Figure 63:      Malaysia Electric Two-Wheeler Market Share, By Battery Type, By Volume, 2016-2026F

Figure 64:      Malaysia Electric Two-Wheeler Market Share, By Company, By Volume, 2016-2026F

Figure 65:      Americas Electric Two-Wheeler Market Size, By Value (USD Million), By Volume (Thousand Units), 2016-2026F

Figure 66:      Americas Electric Two-Wheeler Market Share, By Vehicle Type, By Volume, 2016-2026F

Figure 67:      Americas Electric Two-Wheeler Market Share, By Range, By Volume, 2016-2026F

Figure 68:      Americas Electric Two-Wheeler Market Share, By Battery Capacity, By Volume, 2016-2026F

Figure 69:      Americas Electric Two-Wheeler Market Share, By Battery Type, By Volume, 2016-2026F

Figure 70:      Americas Electric Two-Wheeler Market Share, By Country, By Volume, 2016-2026F

Figure 71:      Americas Electric Two-Wheeler Market Map, By Vehicle Type, Market Size (Units) & Growth Rate (%)

Figure 72:      Brazil Electric Two-Wheeler Market Size, By Value (USD Million), 2016-2026F

Figure 73:      Brazil Electric Two-Wheeler Market Size,  By Volume (Thousand Units), 2016-2026F

Figure 74:      Brazil Electric Two-Wheeler Market Share, By Vehicle Type, By Volume, 2016-2026F

Figure 75:      Brazil Electric Two-Wheeler Market Share, By Range, By Volume, 2016-2026F

Figure 76:      Brazil Electric Two-Wheeler Market Share, By Battery Capacity, By Volume, 2016-2026F

Figure 77:      Brazil Electric Two-Wheeler Market Share, By Battery Type, By Volume, 2016-2026F

Figure 78:      Brazil Electric Two-Wheeler Market Share, By Company, By Volume, 2016-2026F

Figure 79:      United States Electric Two-Wheeler Market Size, By Value (USD Million), 2016-2026F

Figure 80:      United States Electric Two-Wheeler Market Size, By Volume (Thousand Units), 2016-2026F

Figure 81:      United States Electric Two-Wheeler Market Share, By Vehicle Type, By Volume, 2016-2026F

Figure 82:      United States Electric Two-Wheeler Market Share, By Range, By Volume, 2016-2026F

Figure 83:      United States Electric Two-Wheeler Market Share, By Battery Capacity, By Volume, 2016-2026F

Figure 84:      United States Electric Two-Wheeler Market Share, By Battery Type, By Volume, 2016-2026F

Figure 85:      United States Electric Two-Wheeler Market Share, By Company, By Volume, 2016-2026F

Figure 86:      Canada Electric Two-Wheeler Market Size, By Value (USD Million), 2016-2026F

Figure 87:      Canada Electric Two-Wheeler Market Size, By Volume (Thousand Units), 2016-2026F

Figure 88:      Canada Electric Two-Wheeler Market Share, By Vehicle Type, By Volume, 2016-2026F

Figure 89:      Canada Electric Two-Wheeler Market Share, By Range, By Volume, 2016-2026F

Figure 90:      Canada Electric Two-Wheeler Market Share, By Battery Capacity, By Volume, 2016-2026F

Figure 91:      Canada Electric Two-Wheeler Market Share, By Battery Type, By Volume, 2016-2026F

Figure 92:      Canada Electric Two-Wheeler Market Share, By Company, By Volume, 2016-2026F

Figure 93:      Europe Electric Two-Wheeler Market Size, By Value (USD Million), By Volume (Thousand Units), 2016-2026F

Figure 94:      Europe Electric Two-Wheeler Market Share, By Vehicle Type, By Volume, 2016-2026F

Figure 95:      Europe Electric Two-Wheeler Market Share, By Range, By Volume, 2016-2026F

Figure 96:      Europe Electric Two-Wheeler Market Share, By Battery Capacity, By Volume, 2016-2026F

Figure 97:      Europe Electric Two-Wheeler Market Share, By Battery Type, By Volume, 2016-2026F

Figure 98:      Europe Electric Two-Wheeler Market Share, By Country, By Volume, 2016-2026F

Figure 99:      Europe Electric Two-Wheeler Market Map, By Vehicle Type, Market Size (Units) & Growth Rate (%)

Figure 100:    Spain Electric Two-Wheeler Market Size, By Value (USD Million), 2016-2026F

Figure 101:    Spain Electric Two-Wheeler Market Size,  By Volume (Thousand Units), 2016-2026F

Figure 102:    Spain Electric Two-Wheeler Market Share, By Vehicle Type, By Volume, 2016-2026F

Figure 103:    Spain Electric Two-Wheeler Market Share, By Range, By Volume, 2016-2026F

Figure 104:    Spain Electric Two-Wheeler Market Share, By Battery Capacity, By Volume, 2016-2026F

Figure 105:    Spain Electric Two-Wheeler Market Share, By Battery Type, By Volume, 2016-2026F

Figure 106:    Spain Electric Two-Wheeler Market Share, By Company, By Volume, 2016-2026F

Figure 107:    France Electric Two-Wheeler Market Size, By Value (USD Million),2016-2026F

Figure 108:    France Electric Two-Wheeler Market Size, By Volume (Thousand Units), 2016-2026F

Figure 109:    France Electric Two-Wheeler Market Share, By Vehicle Type, By Volume, 2016-2026F

Figure 110:    France Electric Two-Wheeler Market Share, By Range, By Volume, 2016-2026F

Figure 111:    France Electric Two-Wheeler Market Share, By Battery Capacity, By Volume, 2016-2026F

Figure 112:    France Electric Two-Wheeler Market Share, By Battery Type, By Volume, 2016-2026F

Figure 113:    France Electric Two-Wheeler Market Share, By Company, By Volume, 2016-2026F

Figure 114:    Germany Electric Two-Wheeler Market Size, By Value (USD Million), 2016-2026F

Figure 115:    Germany Electric Two-Wheeler Market Size, By Volume (Thousand Units), 2016-2026F

Figure 116:    Germany Electric Two-Wheeler Market Share, By Vehicle Type, By Volume, 2016-2026F

Figure 117:    Germany Electric Two-Wheeler Market Share, By Range, By Volume, 2016-2026F

Figure 118:    Germany Electric Two-Wheeler Market Share, By Battery Capacity, By Volume, 2016-2026F

Figure 119:    Germany Electric Two-Wheeler Market Share, By Battery Type, By Volume, 2016-2026F

Figure 120:    Germany Electric Two-Wheeler Market Share, By Company, By Volume, 2016-2026F

Figure 121:    Italy Electric Two-Wheeler Market Size, By Value (USD Million), 2016-2026F

Figure 122:    Italy Electric Two-Wheeler Market Size, , By Volume (Thousand Units), 2016-2026F

Figure 123:    Italy Electric Two-Wheeler Market Share, By Vehicle Type, By Volume, 2016-2026F

Figure 124:    Italy Electric Two-Wheeler Market Share, By Range, By Volume, 2016-2026F

Figure 125:    Italy Electric Two-Wheeler Market Share, By Battery Capacity, By Volume, 2016-2026F

Figure 126:    Italy Electric Two-Wheeler Market Share, By Battery Type, By Volume, 2016-2026F

Figure 127:    Italy Electric Two-Wheeler Market Share, By Company, By Volume, 2016-2026F

Figure 128:    United Kingdom Electric Two-Wheeler Market Size, By Value (USD Million), 2016-2026F

Figure 129:    United Kingdom Electric Two-Wheeler Market Size,  By Volume ( Thousand Units), 2016-2026F

Figure 130:    United Kingdom Electric Two-Wheeler Market Share, By Vehicle Type, By Volume, 2016-2026F

Figure 131:    United Kingdom Electric Two-Wheeler Market Share, By Range, By Volume, 2016-2026F

Figure 132:    United Kingdom Electric Two-Wheeler Market Share, By Battery Capacity, By Volume, 2016-2026F

Figure 133:    United Kingdom Electric Two-Wheeler Market Share, By Battery Type, By Volume, 2016-2026F

Figure 134:        United Kingdom Electric Two-Wheeler Market Share, By Company, By Volume, 2016-2026F

Frequently asked questions

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The global electric two-wheeler market is estimated to be 8,473 thousand units in 2020 and is projected to reach 16,502 thousand units by 2026, at a CAGR of 9.36% owing to growing fuel prices and surging initiatives of the government to escalate the acceptance of emission-free vehicles.

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Government Initiatives like proving subsidies, attractive loan schemes, parking benefits, etc., to increasing the awareness of electric vehicles including two-wheelers have resulted in an increase in sales of electric two-wheelers and the trend is expected to continue which will fuel the market growth in the forecast years and in vehicle type motorcycle has major share which is around 90%.

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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 among the top 10 players in the global electric two-wheeler market.

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Low total cost of ownership, less maintenance, smooth driving experience, and carbon emission free transportation are some of the market trends in the global electric two-wheeler market.

Related Reports

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Srishti Verma

Business Consultant
Press Release

Electric Two-Wheeler Market to Grow at a CAGR of 14.08% During the Forecast Period

Jan, 2022

Rising demand for emission free automobiles is driving the growth in global electric two-wheeler market in the forecast period, 2022-2026

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