Spain electric two-wheeler market
is expected to grow at a significant CAGR during the forecast period owing to
increasing government support in form of subsidies and reimbursements to buy
electric two-wheelers market. Launch of technologically advanced electric
two-wheeler market having longer battery life, improvement in the mileage
covered, and increase the electric two-wheeler performance by major players is
fueling the electric market in Spain. Rise in awareness regarding the amount of
emission of carbon footprint into the environment and role of green house gases
to raise the temperature including the effect of global warming is aiding to
high market demand for electric vehicles in Spain. Growing demand for
energy-efficient commuting with better performance is on rise in Spain. Increasing
investments by leading authorities and key market players to develop the
electric charging infrastructure in the region is accelerating the demand for
electric two-wheeler market. Two-wheelers are easy to use and are highly
convenient to use which is why for their high demand in Spain. Manufacturers of
electric two-wheeler market are encouraged to make electric two-wheeler by
granting them with due tax exemptions and relaxations in import and export
thereby accelerating the electric two-wheeler market growth.
Spain electric two-wheeler market
is segmented into vehicle type, battery capacity,
battery type, region, and company. Based on battery type, market is further
bifurcated into lead and Li-ion. Lithium-ion segment is expected to dominate
the market during the forecast period, 2024-2028. Lead acid batteries have
shorter life and usable capacity which is expected to drive the electric
two-wheeler market. Declining cost for lithium-ion batteries is influencing the
high market demand. Major advantage of using lithium-ion battery is its light
weight and helps to maintain the energy to weight ratio. Lithium-ion battery
can store more energy per kilogram than lead batteries which is attributing to
electric two-wheeler market growth.
The major players operating in the
Spain electric two-wheeler market are Yadea Group
Holdings Ltd., AIMA Technology Co., Ltd., Jiangsu Xinri E-Vehicle Co., Ltd., Zhejiang
Luyuan Electric Vehicle, Dongguan Tailing Electric Vehicle Co., Ltd., Shandong
Incalcu, Electric Vehicle Co., Ltd., Hero Electric Vehicles Pvt Ltd., Okinawa
Autotech Pvt. Ltd., Gogoro, Inc., Zero Motorcycles, Inc., and others. Major
companies are developing advanced technologies and launching new services to
stay competitive in the market. Other competitive strategies include mergers
& acquisitions and new service developments.
Objective of the Study:
- To analyze the historical growth of the market
size of Spain electric two-wheeler market from 2018 to 2021.
- To estimate and forecast the market size of Spain
electric two-wheeler market from 2022 to 2028 and growth rate until 2028.
- To classify and forecast Spain electric
two-wheeler market based on vehicle type, battery capacity, battery type,
region, and company.
- To identify dominant region or segment in the Spain
electric two-wheeler.
- To identify drivers and challenges for Spain electric
two-wheeler.
- To examine competitive developments such as
expansions, new product launches, mergers & acquisitions, etc., in Spain
electric two-wheeler.
- To identify and analyze the profile of leading
players operating in Spain electric two-wheeler.
- To identify key sustainable strategies adopted
by market players in Spain electric two-wheeler market.
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TechSci Research performed both primary as well as
exhaustive secondary research for this study. Initially, TechSci Research
sourced a list of manufacturers across the globe. Subsequently, TechSci
Research conducted primary research surveys with the identified companies.
While interviewing, the respondents were also enquired about their competitors.
Through this technique, TechSci Research could include the manufacturers which
could not be identified due to the limitations of secondary research. TechSci
Research analyzed the manufacturers, distribution channels and presence of all
major players across the globe.
TechSci Research calculated the market size of Spain electric two-wheeler market using a bottom-up approach, wherein data for various end-user
segments was recorded and forecast for the future years. TechSci Research
sourced these values from the industry experts and company representatives and
externally validated through analyzing historical data of these product types
and applications for getting an appropriate, overall market size. Various
secondary sources such as company websites, news articles, press releases,
company annual reports, investor presentations and financial reports were also studied
by TechSci Research.
Key Target Audience:
- Electric two-wheeler manufacturing
companies
- Market research and
consulting firms
- Government bodies such as
regulating authorities and policy makers
- Organizations, forums and
alliances related to electric two-wheeler market
The study is useful in providing answers
to several critical questions that are important for the industry stakeholders
such as manufacturers, suppliers and partners, end users, etc., besides
allowing them in strategizing investments and capitalizing on market
opportunities.
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Attribute
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Details
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Base Year
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2022
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Historical Years
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2018 – 2021
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|
Estimated Year
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2023E
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Forecast Period
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2024F – 2028F
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Quantitative Units
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Revenue in USD Million, Volume in Units and CAGR for 2018-2022
and 2023E-2028F
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Report Coverage
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Revenue forecast, volume forecast, company share, competitive
landscape, growth factors, and trends
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Segments Covered
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·
Vehicle Type
·
Battery Capacity
·
Battery Type
|
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Region Scope
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Central Region North Spain, Madrid, Extremadura & Castilla,
Aragon & Catalonia and Andalusia, Murcia & Valencia
|
|
Key Companies Profiled
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Yadea Group Holdings Ltd., AIMA Technology Co., Ltd., Jiangsu
Xinri E-Vehicle Co., Ltd., Zhejiang Luyuan Electric Vehicle, Dongguan Tailing
Electric Vehicle Co., Ltd., Shandong Incalcu, Electric Vehicle Co., Ltd.,
Hero Electric Vehicles Pvt Ltd., Okinawa Autotech Pvt. Ltd., Gogoro, Inc.,
Zero Motorcycles, Inc.
|
|
Customization Scope
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10% free report customization with purchase. Addition or
alteration to regional & segment scope.
|
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Pricing and Purchase Options
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Avail customized purchase options to meet your exact research
needs. Explore purchase
options
|
|
Delivery Format
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PDF and Excel through Email
(We can also provide the editable version of the report in PPT/Word format on
special request)
|
Report Scope:
In this report, Spain electric
two-wheeler market has been segmented into following categories, in addition to
the industry trends which have also been detailed below:
·
Spain Electric Two-Wheeler Market,
By Vehicle Type:
- Electric Scooter/Moped
- Electric Motorcycle
- Spain Electric Two-Wheeler Market, By Battery
Capacity:
- Spain Electric Two-Wheeler Market, By Battery Type:
- Spain Electric Two-Wheeler Market, By Region:
- Central Region North Spain
- Madrid, Extremadura & Castilla
- Aragon & Catalonia
- Andalusia, Murcia & Valencia
Competitive
Landscape
Company Profiles: Detailed analysis of the major
companies present in Spain 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).
Spain electric two-wheeler
market is an upcoming report to be released soon. If you wish an early delivery
of this report or want to confirm the date of release, please contact us at [email protected]