Global Electric two-wheeler Market Information Report, by Battery type (Sealed lead Acid, Li-ion, Ni-MH), By Product (Retro, Standing/ self-Balancing, Folding), By Technology (Plug-in based, Battery-based), By Type (Electric Motorcycle, Electric Bicycle, Electric Scooter) and By Region – Forecast To 2023.
Key players in Electric two-wheeler market mentioned:
Accell Group (Netherlands), Vmoto Limited (Australia), NYCeWheels (U.S.), Derby Cycle AG (Germany), Easy Motion USA (California), Moustache Bikes (France), Jiangsu Xinri E-Vehicle Co (China), myStromer AG (Switzerland), Karbon Kinetics Limited (U.K.) and Pedego Electric Bikes (California) among others.
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The global electric two-wheeler market is majorly driven by the increase in the prices of fuel. The prices of crude oil are increasing very rapidly, with the availability of the crude oil decreasing day by day. Due to these factors, the mindset of the population is shifting their preference towards electric two-wheelers. Also, the developing nations such as China, India, Thailand, and Indonesia, among others are becoming manufacturing hubs for global automotive players. As the global auto-manufacturers continue to expand into growing and emerging markets, the demand for electric two-wheelers such as an electric motorcycle, electric bicycle and electric scooter will also rise. The surge in demand for electric two-wheelers worldwide with the increase in the environmental awareness and the various government initiatives undertaken for promoting the electric vehicle adoption drive the growth of the electric two-wheeler market.
Based on product, the market has been segmented as Retro, Standing/ self-Balancing and Folding. Amongst these, standing/ self-balancing segment is expected to hold the largest market share during the forecast period. A self-balancing electric two-wheeler is a type of unicycle that is an electric vehicle that uses sensors, gyroscopes, and accelerometers in conjunction with an electric motor to assist a rider with balancing on a single wheeled vehicle. Self-balancing electric vehicles use different types of the gyroscope and various types of sensor to maintain their balance. These electric bikes are well suited for people who are more concerned about safety and people with certain disability.
This study provides an overview of the global electric two-wheeler market, tracking three market segments across four geographic regions. The report studies key players, providing a six-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global electric two-wheeler market by Battery type, Product, Technology, Type and regions.
Based on Battery type, the global electric two-wheeler market has been segmented as sealed lead acid, Li-ion and Ni-MH. Amongst these, the sealed lead acid segment is expected to hold the largest market over the forecast period. Sealed lead acid batteries which are being used in electric vehicles are low maintenance and rechargeable. These batteries are used because of their high power density and ease of use. The batteries are available in all shapes, voltages, amperages and sizes. Valve regulated lead acid batteries are considered sealed as they do not allow for the addition or loss of liquid.
Major Table of Content:
1 Executive Summary
2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.2.2 Research Objective
2.3 Research Process
2.3.1 Primary Research
2.3.2 Secondary Research
2.4 Market Size Estimation
2.5 Forecast Model
3 Market Landscape
3.1 Porter’s Five Forces Analysis
3.1.1 Threat Of New Entrants
3.1.2 Bargaining Power Of Buyers
3.1.3 Threat Of Substitutes
3.1.4 Segment Rivalry
3.1.5 Bargaining Power Of Buyers
3.2 Value Chain/Supply Chain Analysis
4 Market Dynamics
4.2 Market Drivers
4.3 Market Restraints
4.4 Market Opportunities
4.5 Market Trends
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