According to “Electric Two-wheelers Market 2019 Global Size, Share, Trends, Regional Analysis and Industry Outlook Report” published by Market Research Future, The Global Electric Two-wheelers Market to grow at highest CAGR by 2023. Electric Two-wheelers Industry 2019 Report Segments Market for Electric Two-wheelers by type, voltage, and battery type and region.
Electric Two-wheelers Global Market Key Companies Analyzed in report –
Yadea Tech. Group Co., Ltd. (China), Hybike (China), YO bykes (India), Robstep (China), F-wheel DYU (China), Zero Motorcycles Inc. (U.S.).
Get Sample Pages of “Electric Two-wheelers Global Market Report 2019” at: https://www.marketresearchfuture.com/sample_request/5456
Electric Two-wheelers Market Insights:
Electric Two-wheelers have gained immense popularity in urban transport across various regions all over the world. Some types are electric bicycle, electric motorcycles, and electric scooters. The demand for Electric Two-wheelers is expected to increase at a consistent pace in the coming years. Growing awareness about the environment and its efficiency-level are expected to drive its demand.
Additionally, increasing technological advancements in the automobile sector is opening the door of opportunities for the global Electric Two-wheelers market. Some of the other key factors aiding the expansion of the market are low maintenance cost and cost related to fuel. It is also worth mentioning that the burgeoning innovations in the battery industry are anticipated to push the electronic two-wheeler market during the forthcoming years of the forecast period.
Various government bodies of different regions are focusing on providing subsidies and incentives to the original equipment manufacturer (OEMs) and customers in order to lower the Electric Two-wheelers deployment barriers.
Market Segments Analysis:
The global Electric Two-wheelers market segmentation is dividing based on the following components: type, battery type, and voltage.
By type, the market segments into electric motorcycles and electric scooters. As per the last report of 2016, electric scooters segment held the highest share of the market. This is due to increasing sales percentage of scooters in developing nations like China and India. Add to this, the growing number of technological innovations as well as the number of stringent regulations concerning the environment in the world is contributing to the growth of this segment.
By voltage, the market segments into 24V, 36V, 48V, and more than 48V. Among these voltage segments, the 48V and more than 48V segment accounts for the highest share globally. The market is expected to experience significant growth during the forecast period.
The battery types mentioned in the report are sealed lead acid, Li-ion, and others. Previously, sealed lead-acid batteries had gained immense traction due to their benefits like low costs and robustness. However, bulkiness and overheating of these batteries while charging led to a decline in their sale
Regional Analysis:
The Electric Two-wheelers market is spread across the regions of North America, Europe, Asia Pacific (APAC), and Rest of the World (RoW).
The Asia Pacific regional market led the global chart back in 2017 with the highest share. This was primarily due to the rapid shift in preference towards e-vehicles in some of the emerging nations in this region like Taiwan and China. While, the North American regional market is projected to grow at a notable pace in the coming years due to the initial stage adoption of the technology.
The North American regional market is another key area in the global landscape. The region is expected to register an upward shift in the coming years of the forecast period owing to the early adoption and advancement of technology in the region.
Rising greenhouse gas (GHG) emissions along with favorable government policies for promoting the use of electric vehicles will benefit the Europe market. Increasing affordability of Electric Two-wheelers combined with growing preference for cleaner automobiles boosts market demand in the region.
Table Of Contents
1. Executive Summary
2. Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.2.1 Definition
2.2.2 Research Objective
2.2.3 Assumptions
2.2.4 Limitations
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 Bargaining Power Of Suppliers
3.1.4 Threat Of Substitutes
3.1.5 Segment Rivalry
3.2 Supply Chain Analysis
4. Market Dynamics
4.1 Introduction
4.2 Market Drivers
4.3 Market Restraints
4.4 Market Opportunities
4.5 Market Trends
Continued…
For more news visit: Electric Two-Wheeler Industry – 2019 Global Market Size, Trends, Growth Prospects, Share, Opportunity Assessment, Emerging Technologies, And Forecast To 2023
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