Electric Two-Wheeler Market By Vehicle Type (Electric Scooter, Electric Motorcycles and Electric Bicycle), Battery Capacity (>25 Ah and < 25 Ah) and Battery Type (Li-ion and Lead Acid) - Global Industry Analysis And Forecast To 2025
The electric vehicle, likewise known as the EV, utilizes at least one traction motors or electric motors for driving. This vehicle might get power through the system for collection by power from sources off-vehicle, or might act self-contained with the battery, electric generator or solar panels to change over fuel to electricity. They incorporate, yet are not constrained to, rail and road vehicles, underwater and surface vessels, electric spacecraft and electric aircraft. Therefore, the Electric Two-Wheeler Market is anticipated to expand and has tremendous scope during the forecast period. The global Electric Two-Wheeler Market anticipated to flourish in the future by growing at a significantly higher CAGR.
Drivers & Restrains
The factors driving the market are; increasing number of initiatives by the government for decreasing the levels of air pollution, increasing awareness amongst the people which has increased the demand & adoption, increasing disposable income that has improved the purchasing power of people, rising development in technology and other factors. The restraining factor of the market can be the high cost of some these two wheelers.
The Asia Pacific region is leading the global Electric Two-Wheeler Market with almost max part of the market owing to increasing number of initiatives by the government for promoting these vehicles and other factors.
Electric Two-Wheeler Market, By Region
Rest of Europe
Rest of Asia-Pacific
Rest of South America
Middle East and Africa
Rest of MEA
The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and market share of the overall industry.
Yadea Group Holdings Ltd.
JIANGSU XINRI E-VEHICLE
Zhejiang Luyuan Electric Vehicle
Hero Electric Vehicles Pvt. Ltd.
AIMA Technology Co. Ltd.
Dongguan Tailing Electric Vehicle Co. Ltd.
Shandong Incalcu Electric Vehicle Co. Ltd.
Okinawa Autotech Pvt. Ltd.
Zero Motorcycles Inc.
Some of the key questions answered by the report are:
What was the market size in 2014 and forecast from 2015 to 2025?
What will be the industry market growth from 2015 to 2025?
What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast?
What are the major segments leading the market growth and why?
Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition?