The global electric two-wheeler market reached a value of US$ 31.5 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 66.1 Billion by 2027, exhibiting a CAGR of 13.5% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.

Electric two-wheelers, primarily comprising of scooters/mopeds and motorcycles, operate with the help of battery-based electric motors. These vehicles have gained popularity as an eco-friendly alternative to gasoline-powered vehicles owing to their zero carbon emissions. The global electric two-wheeler market is majorly driven by the growing environmental concerns towards increasing pollution levels from fuel-based automobiles. In addition to this, the high depletion rate of fossil fuels, such as diesel, petrol, etc., coupled with the rising fuel rates have also augmented the demand for electric vehicles. The growing consumer awareness towards several economic and ecological benefits of electric vehicles have also catalyzed the market growth.

The introduction of various government initiatives and awareness programs for curbing the rising CO2 emission levels has provided strong growth opportunities to the market. Moreover, electric two-wheeler fleets are increasingly being used by courier and e commerce delivery companies, for providing postal and delivery services, thereby increasing the market penetration. Furthermore, increasing installation of electric vehicle charging stations in several commercial places, such as shopping malls, educational institutes, etc., has also catalyzed the market growth. Some of the other key factors driving the market include technological advancements, increasing affordability, improving supply chains, etc.

Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global electric two-wheeler market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on vehicle type, battery type, voltage type, peak power, battery technology and motor placement.

Breakup by Vehicle Type:

Electric Scooter/Moped
Electric Motorcycle

Breakup by Battery Type:

Lithium-Ion
Sealed Lead Acid (SLA)

Breakup by Voltage Type:

<48V
48-60V
61-72V
73-96V
>96V

Breakup by Peak Power:

<3 kW
3-6 kW
7-10 kW
>10 kW

Breakup by Battery Technology:

Removable
Non-Removable

Breakup by Motor Placement:

Hub Type
Chassis Mounted

Breakup by Region:

Asia Pacific
China
Japan
India
South Korea
Australia
Others
Europe
Germany
France
United Kingdom
Italy
Netherlands
Norway
Others
North America
United States
Canada
Latin America
Brazil
Mexico
Others
Middle East and Africa
Turkey
Saudi Arabia
Egypt
Others


Competitive Landscape:

The competitive landscape of the industry has also been examined with some of the key players being AIMA Technology Co. Ltd., Ampere Vehicles Pvt. Ltd., BMW AG, Energica Motor Company S.p.A., GOVECS AG, Hero Electric Vehicles Pvt. Ltd., Mahindra GenZe, Terra Motors Corporation, Vmoto Limited, Yadea Technology Group Co. Ltd., and Zero Motorcycles, Inc. Key Questions Answered in This Report:

How has the global electric two-wheeler market performed so far and how will it perform in the coming years?
What are the key regional markets?
How has the COVID-19 pandemic impacted the global electric two-wheeler market?
What is the breakup of the market based on the vehicle type?
What is the breakup of the market based on the battery type?
What is the breakup of the market based on the voltage type?
What is the breakup of the market based on the peak power?
What is the breakup of the market based on the battery technology?
What is the breakup of the market based on the motor placement?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the market?
What is the structure of the global electric two-wheeler market and who are the key players?
What is the degree of competition in the market?