The Global Electric Two Wheeler Market is expected to grow at a CAGR of around 25.57% during the forecast period, i.e., 2023-28. MarkNtel Advisors’ recently published versions of the study on the Global Electric Two Wheeler Industry (2023-2028) have been closely monitored. The factual data related to it has been intensively crafted, conducting primary and other market research processes & strategies.
Essential Parameters
- Timeframe and Metrics
- Historical Period: 2018-21
- Base Year: 2022
- Forecast Years: 2023-2028
- Units: USD Million/Billion
- Our goal is to offer clients with relevant and up-to-date information. To achieve this, our skilled analysts and researchers conduct thorough studies on the industry.
- Before creating a roadmap or checklist for the research report, we seek to understand the client’s perspective and objectives.
- The figures in our reports are tailored with input from industry experts, ensuring our reports are comprehensive solutions for clients.
- We use both primary and secondary research approaches to gather unbiased and comprehensive market information.
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Global Electric Two Wheeler Market Key Driver:
Expansion of E-scooter & E-motorcycle Rentals to Serve Tourists Drives the Market – Tourism is one of the major factors boosting the sales globally, as rental electric two-wheelers are the most preferred choice for tourists to visit the city hassle free on their own. Globally, the demand for these vehicles is being driven by urbanization, digitalization, micro-mobility, traffic congestion, and the cost of owning & maintaining bikes.
The tourist cities like Bali, Kuala Lumpur, Madrid, Delhi, etc., across the world, are facing traffic congestion & pollution caused by rapid urbanization that puts a lot of pressure on the public transport system. Therefore, the consumer prefers the rental electric two-wheeler as it offers hassle-free movement at a competent cost than renting a four-wheeler for the same purpose. As a result of the growing demand, various start-ups, such as Revel, City Scoot, Cooltra, VOGO, etc., that provide QR-based dockless services are increasingly expanding worldwide to gain significant revenues.
Analyzing the Segmentations for the Global Electric Two Wheeler Market
Knowing the fragmentation of the market makes one understand the versatility & nature of the industry in a very detailed and informed way. This section of the research report talks about how every segmentation plays a role in enhancing the market share & size. Read further to get familiar with the market segmentations:
By VehicleType
-Scooter/Moped
-Motorcycle
By Application
-Personal Use
-Commercial Use
By Drive Type
-Off road
-Urban
By Travel Range
-Up to 100 Km
-101 to 150 Km
-More than 150
By Battery Type
-Lead Acid
-Lithium Ion
By Battery Capacity
-< 2 kWh
-2-2.5 kWh
-> 2.5 kWh
By Tire Size
-3.50 x 17
-90/90-12
-5.5 x 17
-120/70 ZR17
-100/70-17
-90/90-14
-3.00-10
-110/70-12
-90/90-10
-110/80-14
-3.50-10
-120/70-12
-Others
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Exploring the Geographical Landscape of the Global Electric Two Wheeler Industry
Our skilled researchers and analysts provide a detailed overview of each region or country, to help stakeholders understand the market status in these areas. They are:
-North America
-Latin America
-Europe
-The Middle East & Africa
-Asia Pacific
-South East Asia.
Do You Know Who are the Leading Companies in the Global Electric Two Wheeler Market?
Key competitors are the major role-players of any market, working to innovating & expanding the industry landscape. Look below to know about the Global Electric Two Wheeler Market companies:
-Hero Electric Vehicles Private Limited
-Okinawa Autotech International Private Limited
-Energica Motor Company S.P.A.
-AIMA Technology Group Co. Ltd.
-Yadea Technology Group Co., Ltd
-Terra Motors Corporation
-Zero Motorcycles Inc.
-Honda Motor Co., Ltd.
-Dongguan Tailing Electric Vehicle Co., Ltd.
-Silence Urban Ecomobility
-emcoelectroroller GmbH
-Vmoto Limited
-Jiangsu Xinri E-Vehicle Co.,Ltd
-GOVECS AG
-Others.
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Key Questions Addressed in the Global Electric Two Wheeler Market Research Report:
- What is the estimated size, share, and CAGR of the Global Electric Two Wheeler Market in the forecast period?
- What are the key trends projected to impact the Global Electric Two Wheeler Market during 2023-2028?
- What are the different segments & sub-segments considered in the Global Electric Two Wheeler Market research study?
- Who are the key stakeholders and players participating in the Global Electric Two Wheeler Market?
- What are the major aspects creating opportunistic arena for the Global Electric Two Wheeler Market?
- What would be the demand for different types of products/services in the Global Electric Two Wheeler Market through 2028?
- What all factors would create challenge for the Global Electric Two Wheeler Industry growth?
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