Global electric two wheeler market
stood at around $ 11 billion in 2018 and is forecast to grow at a CAGR of more
than 9% during 2019-2024, crossing $ 19 billion by 2024, backed by increasing government
initiatives towards controlling rising air pollution levels. Governments across
the globe are providing support in the form of incentives, subsides and schemes
to encourage the manufacturing and adoption of electric two wheelers. Growing purchasing
power and rising urbanization in major developing countries, in addition to increasing
focus of leading vehicle manufacturers towards developing technologically
advanced products with better performance and price competitiveness, is
expected to positively influence global electric two-wheeler market during
forecast period.
Years considered for this report:
Historical Years: 2014-2017
Base Year: 2018
Estimated Year: 2019
Forecast Period: 2020-2024
Objective of the
Study:
- To analyze and forecast global electric two wheeler
market size.
- To classify and forecast global electric two wheeler
market on the basis of vehicle type, battery type, battery capacity and
region.
- To identify drivers and challenges for global
electric two wheeler market.
- To identify market trends & developments
in global electric two wheeler market.
- To identify and analyze the profiles of
leading players operating in global electric two-wheeler market.
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Some of the leading players operating in global
electric two-wheeler market are Yadea Group Holdings Ltd., AIMA Technology Co.,
Ltd, Zhejiang Luyuan Electric Vehicle, Jiangsu Xinri E-Vehicle Co.,Ltd, Dongguan
Tailing Electric Vehicle Co., Ltd., Shandong Incalcu Electric Vehicle Co., Ltd,
Hero Electric Vehicles Pvt Ltd, Okinawa Autotech Pvt. Ltd., Gogoro, Inc. and Zero
Motorcycles, Inc.
In order to perform the study, TechSci Research
conducted primary as well as exhaustive secondary research. Initially, TechSci Research
prepared an exhaustive list of electric two-wheeler manufacturers.
Subsequently, TechSci Research conducted primary research surveys, which
included primary calls, email responses, etc., with the identified companies.
While interviewing, the respondents were also asked about their major
competitors. Through this technique, TechSci Research was able to include
system manufacturers which could not be identified due to the limitations of
secondary research. TechSci Research analyzed product offerings, regional
network, and regional presence of all major electric two-wheeler companies
across the world.
TechSci Research calculated global electric two-wheeler
market size using a bottom-up technique, wherein the volume sales data for
different vehicle type was recorded as well as forecast for the future years.
TechSci Research sourced these values from industry experts and company
representatives, and externally validated through analyzing historical data of
respective companies to arrive at the overall market size. Multiple secondary
sources such as directories, databases such as OICA, World Bank, company
websites, company annual reports, white papers, investor presentations and
financial reports were also studied by TechSci Research.
Key Target Audience:
- Electric two-wheeler
manufacturers, distributors and other stakeholders
- Associations, organizations,
forums and alliances related to electric two-wheelers
- Government bodies such as
regulating authorities and policymakers
- Market research and consulting
firms
The study is useful in providing
answers to several critical questions that are important for industry
stakeholders such as electric vehicle manufacturers, policymakers and other
stakeholders. The study would also help them to target the growing segments
over the coming years, thereby aiding the stakeholders in taking investment
decisions and facilitating their expansion.
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:
- Market, by Vehicle Type:
- Market, by Battery Capacity:
- Market, by Battery Type:
- Market, by Region:
- Asia-Pacific
- China
- Vietnam
- Taiwan
- India
- Japan
- Europe
- France
- Netherlands
- Spain
- Italy
- Austria
- Germany
- UK
- North America
- Rest of World
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.
In case you don’t find what
you are looking for, please get in touch with our custom research team at sales@techsciresearch.com