Comprehensive Research Report on Global Electric Two Wheeler Market Trends 2023-2028
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. MarkNtel Advisors recently released a research report on the market, offering an inclusive unbiased analysis of the industry dynamics. It highlights current market trends consumer behavior and explores the cause-and-effect relationships between these trends.
With an extensive analysis substantiated with facts figures, the report equips stakeholders with valuable insights to make well-informed decisions in order to stay ahead in the competition. The findings of the Global Electric Two Wheeler Market report are derived from a robust research strategy, which includes in-depth interviews with industry stakeholders, thorough secondary research, and reliable data sources, ensuring accuracy and reliability.
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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.
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Key Segments Sub-segments Derived in the Global Electric Two Wheeler Market Report
This section of the Global Electric Two Wheeler Market report provides stakeholders with an in-depth analysis of the industry, highlighting the market potential, demand, and growth prospects for each segment to help them tailor their strategies to specific market segments, allowing them to maximize their returns and gain a competitive advantage in the industry.
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
Geographically, the market expands across:
By Region
-North America
-Latin America
-Europe
-The Middle East Africa
-Asia Pacific
Competitive Projections, as per the Global Electric Two Wheeler Research Report
The research report on the Global Electric Two Wheeler Market comprises the notable mergers or acquisitions by the leading players in the industry, along with their recent product launches or services offered. The report compressively illuminates market strategies, profit-loss status, annual reports, and more.
- 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
Factors Shaping the Global Electric Two Wheeler Market Through 2023-28
To cover all the significant points of the research, the study of the Global Electric Two Wheeler Market proposes to cover all the major concerning aspects of the market growth into four sections. First, growth drivers and market trends that are fueling industrial growth and market restraint, which could hinder the market expansion along with possible solutions, the challenges the shareholder or the market is likely to face in coming times depending on various factors, and finally, the growth opportunity emerging from various consumer trend, governmental initiatives, new launches, etc. to provide the stakeholder with tools to propel in the industry.
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Key Questions Answered in the Electric Two Wheeler Market Research Report
- What are the current size and growth projections for the Electric Two Wheeler Market during 2023-28?
- What is the regulatory framework and recent developments in the Global Electric Two Wheeler Market?
- Which segments or regions/countries are anticipated to emerge as an opportunistic area for the Global Electric Two Wheeler Market players?
- What are the key companies profiled in the Global Electric Two Wheeler Market research report?
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