MarkNtel Advisors has just published a new research report titled "Electric Two Wheeler Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028". This study provides an extensive analysis of market drivers, segmentation, growth opportunities, trends, and competitive landscape, aiming to provide insights into current and future market scenarios.
What insights and analysis does the report provide on the Electric Two Wheeler market from 2023 to 2028?
The Global Electric Two Wheeler market is projected to grow at a CAGR of around 25.57% during the forecast period, i.e., 2023-28.
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Electric Two Wheeler Market by Segments
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
A comprehensive report on the Electric Two Wheeler Market is available now- https://www.marknteladvisors.com/research-library/electric-two-wheeler-market.html
Electric Two Wheeler Market Report Segment by Regions
- North America
- Latin America
- Europe
- The Middle East & Africa
- Asia Pacific
- South East Asia
What are the current trends in the global Electric Two Wheeler Market?
Growing Expansion of Battery Swapping Stations to Drive the Demand for Electric Two-wheelers - The battery swapping stations are the major component of the industry, allowing drivers to manage vehicle downtime through quick changes. As governments across various countries are accelerating the shift towards EVs, including electric two-wheelers, the consistent deployment of battery-swapping stations by transport ministries is on the rise across the globe. For instance:
- In 2022, Leoparda Electric announced an investment of over USD8.5 million to offer an exclusive range of electric two-wheeler & built a battery swapping station in Latin America.
Additionally, various companies such as Gogoro, Sun Mobility, Ample, etc., are investing in the infrastructure of battery swapping stations in different countries like the US, Taiwan, China, etc., to support the government initiative towards sustainability & provide a sense of reliability to the consumers. As a result, end-users are gradually adopting e-scooters & e-motorcycles. Thus, the global expansion of battery swapping stations is expected to boost the industrial expansion during the forecast period.
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Who are the key players in the Electric Two Wheeler Market?
- 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
Questions Addressed in this Study
- What factors are driving the Electric Two Wheeler Market growth?
- How is the Electric Two Wheeler Market expected to grow over the next five years?
- What are the key insights into the current trends in the Electric Two Wheeler Market?
- What is the current size of the Electric Two Wheeler Market, and how is it projected to change in the future?
- What is the future outlook for the Electric Two Wheeler Market in terms of technological advancements and market expansion?
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MarkNtel Advisors is a leading market research company, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.
Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 14.8 diverse industrial verticals.
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