(Companies: Yadea, Jiangsu Xinri E-Vehicle Co. Ltd., Mahindra & Mahindra Ltd., BMW and Hero Electric)
The global electric bikes and scooters market was valued at about $18.06 billion in 2018. Asia Pacific was the largest region in the electric bikes and scooters market in 2018. This region is expected to remain the largest during the next five years.
The electric bikes and scooters market consists of sales of electric bikes and scooters and related services. The different types of electric vehicles include Battery Electric Vehicles (BEV), Hybrid Electric Vehicles, and Plug-in Hybrid Electric Vehicles.
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Electric Bikes and Scooters Market Size
The global electric bikes and scooters market is expected to grow to $24.26 billion at a rate of about 7.7% through 2022. Increasing awareness about pollution is a key driver of the electric bikes and scooters market. This is because more people are now understanding the importance of reducing pollution, and this awareness has led them to look for more environment friendly modes of transportation which minimize and control the pollution. For example, according to a survey published by Forbes in 2019, due to an increase in awareness about pollution, the sales of electrical bikes (e-bikes) have exceeded that of non-electric bikes in the Netherlands. Similarly, due to the improving awareness of environmental hazards caused by pollution, people in India started preferring e-bikes. The growth in adoption of electric bikes and scooters is expected to continue in the coming years as the carbon dioxide emitted by the burning of fossil fuels remains a major threat to the environment, causing global warming and climate change.
The lack of infrastructure for battery charging is a major restraint on the electric bikes and scooters market.
Improving the battery technology is an emerging trend in the electric bikes and scooters market. One such technological improvement of batteries includes the growing use of graphene batteries in electric bikes and scooters.
Major players in the market are Yadea, Jiangsu Xinri E-Vehicle Co. Ltd., Mahindra & Mahindra Ltd., BMW and Hero Electric. Mahindra & Mahindra Limited is an Indian multinational car manufacturing corporation headquartered in Mumbai, Maharashtra, India.
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Few Points From Table of Contents:
2. Electric Bikes and Scooters Market Characteristics
3. Electric Bikes and Scooters Market Size And Growth
4. Electric Bikes and Scooters Market Segmentation
4.1. Global Electric Bikes and Scooters Market, Segmentation By Product, Historic and Forecast, 2014-2018, 2022F, 2025F, 2030F, $ Billion
Electric Bikes
Electric Scooters
4.2. Global Electric Bikes and Scooters Market, Segmentation By Battery, Historic and Forecast, 2014-2018, 2022F, 2025F, 2030F, $ Billion
Lead-acid
Lithium-ion (Li-ion)
Nickel-metal hydride (NiMh)
Others
4.3. Global Electric Bikes and Scooters Market, Segmentation By Voltage Capacity, Historic and Forecast, 2014-2018, 2022F, 2025F, 2030F, $ Billion
48-59V
60-72V
73-96V
Above 96V
4.4. Global Electric Bikes and Scooters Market, Segmentation By Drive Mechanism, Historic and Forecast, 2014-2018, 2022F, 2025F, 2030F, $ Billion
Hub Motor
Mid Drive
Others
5. Electric Bikes and Scooters Market Regional And Country Analysis
6. Asia-Pacific Electric Bikes and Scooters Market
7. China Electric Bikes and Scooters Market
8. India Electric Bikes and Scooters Market
9. Japan Electric Bikes and Scooters Market
10. Australia Electric Bikes and Scooters Market
11. Indonesia Electric Bikes and Scooters Market
12. South Korea Electric Bikes and Scooters Market
13. Western Europe Electric Bikes and Scooters Market
14. UK Electric Bikes and Scooters Market
15. Germany Electric Bikes and Scooters Market
16. France Electric Bikes and Scooters Market
17. Eastern Europe Electric Bikes and Scooters Market
18. Russia Electric Bikes and Scooters Market
19. North America Electric Bikes and Scooters Market
20. USA Electric Bikes and Scooters Market
21. South America Electric Bikes and Scooters Market
22. Brazil Electric Bikes and Scooters Market
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