India electric two wheeler market is
forecast to grow at a CAGR of more than 23%, during FY2018E–FY2023F. India
electric two wheeler market is led by the growing need to curb the air
pollution levels across the country and the incentive schemes by the government
to encourage manufacturing and adoption of electric two wheelers across the
country. Moreover, with consistently growing affordability of electric two wheelers
and increasing focus on leading vehicle manufacturers to develop and roll-out
technologically advanced products is expected to positively influence the
market during forecast period.
Years considered
for this report:
Historical Year: FY2013-FY2016
Base Year: FY2017
Estimated Year: FY2018
Forecast Period: FY2019–FY2023
Objective
of the Study:
- To assess the demand for electric two wheelers
in the country.
- To analyze and forecast the market
size of electric two wheeler market across the country.
- To classify and forecast India
electric two wheeler market on the basis vehicle type, battery type,
battery capacity and region.
- To identify drivers and challenges for
India electric two wheeler market.
- To identify market trends and
developments in India electric two wheeler market.
- To identify and analyze the profile
of leading players operating in India electric two wheeler market.
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Some of the leading players operating in India Electric Two Wheeler Market include Hero
Electric Vehicles Pvt. Ltd., Electrotherm India Ltd., Lohia Auto Industries,
Avon Cycles Ltd., Okinawa Autotech Pvt. Ltd., Xxplore Automotive Pvt Ltd., BSA
Motors, Go GreenEOT Pvt. Ltd., Enigma Auto, and Lectrix Motors Pvt. Ltd.
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
and companies currently invested in the country’s electric two wheeler market. 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 service offerings, regional network, and
regional presence of all major electric two wheeler companies across the country.
TechSci Research calculated the market size for India electric
two wheeler market
using a bottom-up technique, wherein the value service 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 used by
TechSci Research.
Key Target
Audience:
- India 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, India 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:
o <25Ah
o >25Ah
·
Market, by Battery Type:
o Lead Acid
o Li-ion
·
Market, by Company:
o Hero
o Yo
o Lohia
o Avon
o Tork
o Emflux
o Others
·
Market, by Battery Type:
o North
o West
o South
o East
Competitive Landscape
Company Profiles: Detailed analysis of the major
companies present across the country in the electric two wheeler
market.
Available Customizations:
With the given market data, TechSci Research offers
customizations according to the 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