Electric Two Wheeler Market

Electric Two Wheeler Market Study by Electric Scooters, Electric Motorcycles, and Electric Bicycles with Lithium-Ion, Lead-Based, and NiMH Batteries from 2024 to 2034

Analysis of Electric Two Wheeler Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more

Electric Two Wheeler Market Outlook (2024 to 2034)

The global electric two wheeler market is poised to reach US$ 70,880.2 million in 2024. The global market is forecasted to increase at an 11.1% CAGR and reach a market value of US$ 203,078.7 million by 2034.

The electric two wheeler market size is expected to experience growth opportunities in emerging economies, attributed to the technological innovations, which play a pivotal role in driving the adoption of electric two-wheelers. Continuous advancements in technology contribute to making electric two-wheelers more attractive to consumers, as the electric vehicle industry evolves. Key areas of innovation include smart connectivity features, improved range, and enhanced safety features.

Integration of smart connectivity features enhances the user experience for electric two-wheeler owners. Many electric scooters and motorcycles now come equipped with advanced telematics systems, allowing riders to connect their vehicles to smartphones or other devices.

Smartphone apps associated with electric two-wheelers provide real-time information on battery status, range estimation, charging station locations, and vehicle diagnostics. The connectivity not only offers convenience but also contributes to a more engaging and user-friendly ownership experience.

One of the critical factors influencing the adoption of electric two-wheelers is the range they can cover on a single charge. Continuous advancements in battery technology, as discussed earlier, contribute to improved energy density, resulting in increased vehicle range.

Report Attributes Details
Electric Two Wheeler Market Size (2024E) US$ 70,880.2 million
Forecasted Market Value (2034F) US$ 203,078.7 million
Global Market Growth Rate (2024 to 2034) 11.1% CAGR
North America Market Share (2034F) 29.2%
Demand Growth in Japan (2024 to 2034) 11.8% CAGR
China Market Value (2034F) US$ 55,026.8 million
Demand for Electric Scooters (2034F) US$ 126,314.9 million
Revenue Share of Lithium Ion Segment (2034F) 82.3%
Key Companies Profiled
  • AIMA Technology Co., Ltd
  • Ather Energy Pvt. Ltd.
  • Energica Motor Company SPA
  • Gogoro Limited
  • Govecs AG
  • Hero Electric Vehicles Pvt. Ltd
  • Jiangsu Xinri E-Vehicle Co. Ltd.
  • Piaggio & C. SpA
  • Vmoto Limited
  • Zero Motorcycles Inc.

Don't Need a Global Report?

save 40%! on Country & Region specific reports

Which Market Trends are Opening New Opportunities for Manufacturers?

“Advancements in Battery Technology to Fuel the Market Growth”

Energy density refers to the amount of energy that can be stored in a given volume or weight of a battery. Higher energy density allows for the storage of more energy in a smaller and lighter battery.

Lithium-ion batteries have been at the forefront of electric vehicle adoption due to their high energy density.

Ongoing research is aimed at enhancing the energy density further, enabling electric two-wheelers to have longer ranges without significantly increasing the size or weight of the battery. Researchers are exploring new battery chemistries beyond traditional lithium-ion. Solid-state batteries, for instance, are being developed as a potential replacement. The batteries use solid electrolytes instead of liquid electrolytes, offering advantages in terms of safety, energy density, and lifespan.

Charging speed is a critical factor for the practicality of electric two-wheelers. Advances in fast-charging technologies are reducing charging times significantly. High-power chargers and innovative charging algorithms contribute to faster and more efficient charging, improving the convenience of electric two-wheelers for daily use.

“Urbanization and Traffic Congestion to Accelerate the Growth Prospects”

Urbanization is a global phenomenon characterized by the increasing population concentration in urban areas. One of the significant challenges that arise is traffic congestion, as more people migrate to cities for job opportunities and better living standards. Traffic congestion negatively impacts the efficiency of transportation systems, leading to increased travel times, air pollution, and overall decreased quality of life.

Electric two-wheelers, such as electric scooters and motorcycles, have a smaller footprint compared to traditional four-wheeled vehicles. The compact design makes them highly maneuverable in dense urban environments, allowing riders to navigate through traffic with greater ease. Electric scooters, in particular, are well-suited for short-distance commuting and can easily weave through congested streets.

The use of electric two-wheelers contributes to reducing the overall traffic footprint. Since these vehicles take up less space on the road and in parking areas, they help alleviate congestion and create more room for other modes of transportation, which is especially important in cities where road infrastructure may be limited or congested.

“Infrastructure Development to Contribute Significantly”

The development of charging infrastructure is a crucial factor in overcoming range anxiety and enhancing the practicality of electric two-wheelers. Range anxiety, the fear of running out of battery power before reaching a charging station, has been a significant barrier to the widespread adoption of electric vehicles. The expansion of charging infrastructure, particularly the deployment of fast-charging stations, plays a key role in mitigating these concerns and making electric two-wheelers a more attractive choice for consumers.

One of the primary concerns for consumers considering electric vehicles, including two-wheelers, is the fear of not having enough range for their daily commuting needs. The availability of a well-distributed and accessible charging infrastructure helps alleviate this range anxiety by providing users with the confidence that they can charge their vehicles conveniently.

The strategic placement of charging stations in urban areas, along popular commuting routes, and at key destinations addresses the need for convenient access to charging, which is especially important for electric two-wheelers, which are often used for short-distance commuting and may require frequent charging.

Which Factor is Restraining the Demand for Electric Two Wheeler?

“High Initial Cost to Restrain the Market Growth”

The high initial cost of electric two-wheelers, largely attributed to the expense of batteries, can be a significant deterrent for price-sensitive consumers. While electric vehicles, in general, are becoming more cost-competitive over time, the upfront price remains a crucial factor influencing consumer decisions.

The cost of batteries is a major contributor to the higher upfront price of electric two-wheelers. Advancements in battery technology have led to cost reductions, and batteries still constitute a substantial portion of the overall vehicle cost, which is due to the high-performance requirements and energy density needed for electric vehicles.

Economies of scale can lead to cost reductions, as the production volumes of electric two-wheelers increase. The current lower production volumes compared to traditional internal combustion engine vehicles may contribute to the higher initial cost. As the market matures and production ramps up, prices are expected to become more competitive.

More Insights, Lesser Cost (-50% off)

Insights on import/export production,
pricing analysis, and more – Only @ Fact.MR

What Strategy Should Start-ups Incorporate to Enhance Their Market Presence?

“Rising Fuel Costs is Key to Gaining Competitive Edge”

The volatility in traditional fuel prices, often characterized by unpredictable fluctuations and overall upward trends, has been a significant factor driving the increasing attractiveness of electric vehicles (EVs) to consumers. The trend is particularly pronounced in the context of rising fuel costs, and it contributes to the appeal of electric vehicles as cost-effective and sustainable alternatives.

Traditional fuel prices, especially those of gasoline and diesel, are subject to various geopolitical, economic, and environmental factors. Consumers often face uncertainty regarding future fuel prices, and the volatility can lead to increased operating costs for conventional vehicles. Electric vehicles, on the other hand, offer a more stable and predictable cost of operation, as electricity prices tend to be more consistent over time.

Electric vehicles generally have lower operating costs compared to their internal combustion engine counterparts. The cost per mile or kilometer for electricity is often lower than that for gasoline or diesel. Electric vehicles also have fewer moving parts, leading to reduced maintenance costs over the vehicle's lifetime. The economic benefits of owning and operating an electric vehicle become more pronounced, as fuel prices rise.

Country-wise Insights

Fact.MR, a market research and competitive intelligence provider, asserts in its newly published study that North America is predicted to hold a 29.2% share of the global market by 2034. Many governments worldwide are offering financial incentives, subsidies, and tax benefits to promote the adoption of electric vehicles, making them more affordable for consumers.

What is the Scenario of the Market in the United States?

“Government Incentives and Policies to Augment the Growth”

Attribute United States
Market Value (2024E) US$ 13,119.1 million
Growth Rate (2024 to 2034) 12.5% CAGR
Projected Value (2034F) US$ 42,695.3 million

The United States is predicted to account for 72.0% of the North American market by 2034. Incentives such as federal tax credits, rebates, and state-level incentives for electric vehicles, including electric two-wheelers, play a crucial role in encouraging consumer adoption. Favorable government policies can accelerate market growth.

The expansion of charging infrastructure, including public charging stations and residential charging options, can address range anxiety concerns and make electric two-wheelers more practical for daily use.

Ongoing advancements in electric vehicle technology, including improvements in battery efficiency, range, and connectivity features, are anticipated to make electric two-wheelers more appealing to consumers.

What is projected to Propel Demand for Electric Two Wheeler in China?

“Affordability and Cost of Ownership in China to Fuel the Demand”

Attribute China
Market Value (2024E) US$ 17,757.9 million
Growth Rate (2024 to 2034) 12.0% CAGR
Projected Value (2034F) US$ 55,026.8 million

China is forecasted to hold a 69.3% share of East Asia market revenue by 2034. The affordability of electric two-wheelers, supported by government incentives, makes them an attractive option for cost-conscious consumers. The lower operating costs compared to traditional vehicles contribute to their popularity.

Intense competition among domestic electric two-wheeler manufacturers fosters innovation, improved features, and competitive pricing, driving market growth. The rise of e-commerce and the demand for efficient delivery services create opportunities for electric two-wheelers in the last-mile delivery sector. Many delivery companies in China use electric scooters for cost-effective and eco-friendly deliveries.

What is projected to Propel Demand for Electric Two Wheeler in Japan?

“Collaborations with Industry Stakeholders to Enhance Market Prospects”

Attribute Japan
Market Value (2024E) US$ 5,066.4 million
Growth Rate (2024 to 2034) 11.8% CAGR
Projected Value (2034F) US$ 15,483.7 million

Japan is anticipated to hold a 19.5% share of East Asia market revenue by 2034. Collaborations between electric vehicle manufacturers, technology companies, and government agencies can drive innovation, improve infrastructure, and contribute to the overall growth of the electric two-wheeler market.

Government support for domestic electric vehicle manufacturers fosters a competitive market and contributes to the development of high-quality electric two-wheelers. Educational campaigns and initiatives aimed at raising consumer awareness about the benefits of electric two-wheelers, as well as dispelling any misconceptions, can positively influence adoption rates. Incentives and policies encouraging businesses to incorporate electric two-wheelers into their corporate fleets for commuting or delivery services can drive commercial adoption.

Know thy Competitors

Competitive landscape highlights only certain players
Complete list available upon request

Category-wise Insights

Based on product type, global demand for electric two wheeler is projected to rise significantly in the electric scooters segment. Electric scooters are user-friendly, with simple controls and easy maneuverability, which makes them attractive to a wide range of consumers, including those who may not have prior experience with motorcycles or scooters.

Which Product Type to Contribute Significantly in the Sales of Electric Two Wheeler?

“Electric Scooters are expected to Accelerate the Demand for Electric Two Wheeler”

Attribute Electric Scooters
Segment Value (2024E) US$ 43,378.7 million
Growth Rate (2024 to 2034) 11.3% CAGR
Projected Value (2034F) US$ 126,314.9 million

The electric scooters segment of electric two wheeler is forecasted to hold 62.2% of the market share by 2034. Electric scooters are well-suited for urban commuting, offering a compact and agile means of transportation that can navigate through traffic congestion and crowded city streets. The increasing need for efficient urban mobility solutions is driving the demand for electric scooters.

Electric scooters often have a lower upfront cost compared to electric motorcycles and four-wheel electric vehicles. The affordability makes them more accessible to a broader range of consumers, including first-time electric vehicle buyers.

Electric scooters are ideal for addressing the last-mile connectivity challenge, providing a convenient and cost-effective solution for short-distance travel between transportation hubs, workplaces, and residential areas.

Which Battery Type of Electric Two Wheeler is set to Occupy a Leading Market Share?

“Lithium Ion Segment is expected to be the Dominant Battery Type”

Attribute Lithium Ion
Segment Value (2024E) US$ 56,845.9 million
Growth Rate (2024 to 2034) 11.4% CAGR
Projected Value (2034F) US$ 167,133.7 million

The lithium ion segment is predicted to occupy an 82.3% share of the global market by 2034. Lithium-ion batteries offer high energy density, providing a greater amount of energy storage per unit of weight. The characteristic allows electric two-wheelers equipped with lithium-ion batteries to achieve longer ranges on a single charge, addressing a key concern for consumers.

Lithium-ion batteries are known for their lightweight and compact design, making them suitable for integration into the compact frame of two-wheelers, which contributes to the overall weight reduction of electric scooters and motorcycles, improving efficiency and handling.

Lithium-ion batteries can support fast-charging technologies, allowing electric two-wheelers to recharge quickly. Fast charging enhances the convenience of using electric two-wheelers, particularly in urban settings where frequent, short-distance trips are common.

Competitive Landscape

Key players in the electric two wheeler industry are employing a range of strategies to attain their objectives. The tactics involve promoting innovation, implementing rigorous quality control measures for their products, establishing strategic partnerships, optimizing supply chain management systems, and continually advancing their products and technologies.

Recent Developments :

  • In 2022, Gogoro Inc. unveiled its cutting-edge battery swapping system and Smart scooters in the Tel Aviv metropolitan area. Collaborating with industry leaders Metro Motor and Paz Group, the companies anticipate extending this launch to additional cities in Israel in the coming years.
  • In 2022, HERO Electric entered into a strategic partnership with Jio-BP to collaborate on electric vehicle charging and battery solutions. The collaboration is expected to significantly enhance the company's after-sales service capabilities.

AIMA Technology Co., Ltd, Ather Energy Pvt. Ltd., Energica Motor Company SPA, Gogoro Limited, Govecs AG, Hero Electric Vehicles Pvt. Ltd, Jiangsu Xinri E-Vehicle Co. Ltd., Piaggio & C. SpA, Vmoto Limited, and Zero Motorcycles Inc. are key players in the market.

Segmentation of Electric Two Wheeler Market Research

  • By Product Type:

    • Electric Scooters
    • Electric Motorcycles
    • Electric Bicycles
  • By Battery Type:

    • Lithium Ion
    • Lead Based
    • NiMH
  • By Region:

    • North America
    • Europe
    • East Asia
    • Latin America
    • Middle East & Africa
    • South Asia & Oceania

Table of Content

1. Executive Summary

    1.1. Global Market Outlook

    1.2. Demand-side Trends

    1.3. Supply-side Trends

    1.4. Technology Roadmap Analysis

    1.5. Analysis and Recommendations

2. Market Overview

    2.1. Market Coverage / Taxonomy

    2.2. Market Definition / Scope / Limitations

3. Market Background

    3.1. Market Dynamics

        3.1.1. Drivers

        3.1.2. Restraints

        3.1.3. Opportunity

        3.1.4. Trends

    3.2. Scenario Forecast

        3.2.1. Demand in Optimistic Scenario

        3.2.2. Demand in Likely Scenario

        3.2.3. Demand in Conservative Scenario

    3.3. Opportunity Map Analysis

    3.4. Product Life Cycle Analysis

    3.5. Supply Chain Analysis

        3.5.1. Supply Side Participants and their Roles

            3.5.1.1. Producers

            3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers)

            3.5.1.3. Wholesalers and Distributors

        3.5.2. Value Added and Value Created at Node in the Supply Chain

        3.5.3. List of Raw Material Suppliers

        3.5.4. List of Existing and Potential Buyer’s

    3.6. Investment Feasibility Matrix

    3.7. Value Chain Analysis

        3.7.1. Profit Margin Analysis

        3.7.2. Wholesalers and Distributors

        3.7.3. Retailers

    3.8. PESTLE and Porter’s Analysis

    3.9. Regulatory Landscape

        3.9.1. By Key Regions

        3.9.2. By Key Countries

    3.10. Regional Parent Market Outlook

    3.11. Production and Consumption Statistics

    3.12. Import and Export Statistics

4. Global Market Analysis 2019-2023 and Forecast, 2024-2034

    4.1. Historical Market Size Value (US$ Million) & Volume (Units) Analysis, 2019-2023

    4.2. Current and Future Market Size Value (US$ Million) & Volume (Units) Projections, 2024-2034

        4.2.1. Y-o-Y Growth Trend Analysis

        4.2.2. Absolute $ Opportunity Analysis

5. Global Market Analysis 2019-2023 and Forecast 2024-2034, By Product Type

    5.1. Introduction / Key Findings

    5.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Product Type, 2019-2023

    5.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Product Type, 2024-2034

        5.3.1. Electric Scooters

        5.3.2. Electric Motorcycles

        5.3.3. Electric Bicycles

    5.4. Y-o-Y Growth Trend Analysis By Product Type, 2019-2023

    5.5. Absolute $ Opportunity Analysis By Product Type, 2024-2034

6. Global Market Analysis 2019-2023 and Forecast 2024-2034, By Battery Type

    6.1. Introduction / Key Findings

    6.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Battery Type, 2019-2023

    6.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Battery Type, 2024-2034

        6.3.1. Lithium-Ion

        6.3.2. Lead-based

        6.3.3. NiMH

    6.4. Y-o-Y Growth Trend Analysis By Battery Type, 2019-2023

    6.5. Absolute $ Opportunity Analysis By Battery Type, 2024-2034

7. Global Market Analysis 2019-2023 and Forecast 2024-2034, By Region

    7.1. Introduction

    7.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Region, 2019-2023

    7.3. Current Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Region, 2024-2034

        7.3.1. North America

        7.3.2. Latin America

        7.3.3. Western Europe

        7.3.4. Eastern Europe

        7.3.5. South Asia and Pacific

        7.3.6. East Asia

        7.3.7. Middle East and Africa

    7.4. Market Attractiveness Analysis By Region

8. North America Market Analysis 2019-2023 and Forecast 2024-2034, By Country

    8.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2019-2023

    8.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2024-2034

        8.2.1. By Country

            8.2.1.1. U.S.

            8.2.1.2. Canada

        8.2.2. By Product Type

        8.2.3. By Battery Type

    8.3. Market Attractiveness Analysis

        8.3.1. By Country

        8.3.2. By Product Type

        8.3.3. By Battery Type

    8.4. Key Takeaways

9. Latin America Market Analysis 2019-2023 and Forecast 2024-2034, By Country

    9.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2019-2023

    9.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2024-2034

        9.2.1. By Country

            9.2.1.1. Brazil

            9.2.1.2. Mexico

            9.2.1.3. Rest of Latin America

        9.2.2. By Product Type

        9.2.3. By Battery Type

    9.3. Market Attractiveness Analysis

        9.3.1. By Country

        9.3.2. By Product Type

        9.3.3. By Battery Type

    9.4. Key Takeaways

10. Western Europe Market Analysis 2019-2023 and Forecast 2024-2034, By Country

    10.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2019-2023

    10.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2024-2034

        10.2.1. By Country

            10.2.1.1. Germany

            10.2.1.2. U.K.

            10.2.1.3. France

            10.2.1.4. Spain

            10.2.1.5. Italy

            10.2.1.6. Rest of Western Europe

        10.2.2. By Product Type

        10.2.3. By Battery Type

    10.3. Market Attractiveness Analysis

        10.3.1. By Country

        10.3.2. By Product Type

        10.3.3. By Battery Type

    10.4. Key Takeaways

11. Eastern Europe Market Analysis 2019-2023 and Forecast 2024-2034, By Country

    11.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2019-2023

    11.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2024-2034

        11.2.1. By Country

            11.2.1.1. Poland

            11.2.1.2. Russia

            11.2.1.3. Czech Republic

            11.2.1.4. Romania

            11.2.1.5. Rest of Eastern Europe

        11.2.2. By Product Type

        11.2.3. By Battery Type

    11.3. Market Attractiveness Analysis

        11.3.1. By Country

        11.3.2. By Product Type

        11.3.3. By Battery Type

    11.4. Key Takeaways

12. South Asia and Pacific Market Analysis 2019-2023 and Forecast 2024-2034, By Country

    12.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2019-2023

    12.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2024-2034

        12.2.1. By Country

            12.2.1.1. India

            12.2.1.2. Bangladesh

            12.2.1.3. Australia

            12.2.1.4. New Zealand

            12.2.1.5. Rest of South Asia and Pacific

        12.2.2. By Product Type

        12.2.3. By Battery Type

    12.3. Market Attractiveness Analysis

        12.3.1. By Country

        12.3.2. By Product Type

        12.3.3. By Battery Type

    12.4. Key Takeaways

13. East Asia Market Analysis 2019-2023 and Forecast 2024-2034, By Country

    13.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2019-2023

    13.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2024-2034

        13.2.1. By Country

            13.2.1.1. China

            13.2.1.2. Japan

            13.2.1.3. South Korea

        13.2.2. By Product Type

        13.2.3. By Battery Type

    13.3. Market Attractiveness Analysis

        13.3.1. By Country

        13.3.2. By Product Type

        13.3.3. By Battery Type

    13.4. Key Takeaways

14. Middle East and Africa Market Analysis 2019-2023 and Forecast 2024-2034, By Country

    14.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2019-2023

    14.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2024-2034

        14.2.1. By Country

            14.2.1.1. GCC Countries

            14.2.1.2. South Africa

            14.2.1.3. Israel

            14.2.1.4. Rest of MEA

        14.2.2. By Product Type

        14.2.3. By Battery Type

    14.3. Market Attractiveness Analysis

        14.3.1. By Country

        14.3.2. By Product Type

        14.3.3. By Battery Type

    14.4. Key Takeaways

15. Key Countries Market Analysis

    15.1. U.S.

        15.1.1. Pricing Analysis

        15.1.2. Market Share Analysis, 2023

            15.1.2.1. By Product Type

            15.1.2.2. By Battery Type

    15.2. Canada

        15.2.1. Pricing Analysis

        15.2.2. Market Share Analysis, 2023

            15.2.2.1. By Product Type

            15.2.2.2. By Battery Type

    15.3. Brazil

        15.3.1. Pricing Analysis

        15.3.2. Market Share Analysis, 2023

            15.3.2.1. By Product Type

            15.3.2.2. By Battery Type

    15.4. Mexico

        15.4.1. Pricing Analysis

        15.4.2. Market Share Analysis, 2023

            15.4.2.1. By Product Type

            15.4.2.2. By Battery Type

    15.5. Germany

        15.5.1. Pricing Analysis

        15.5.2. Market Share Analysis, 2023

            15.5.2.1. By Product Type

            15.5.2.2. By Battery Type

    15.6. U.K.

        15.6.1. Pricing Analysis

        15.6.2. Market Share Analysis, 2023

            15.6.2.1. By Product Type

            15.6.2.2. By Battery Type

    15.7. France

        15.7.1. Pricing Analysis

        15.7.2. Market Share Analysis, 2023

            15.7.2.1. By Product Type

            15.7.2.2. By Battery Type

    15.8. Spain

        15.8.1. Pricing Analysis

        15.8.2. Market Share Analysis, 2023

            15.8.2.1. By Product Type

            15.8.2.2. By Battery Type

    15.9. Italy

        15.9.1. Pricing Analysis

        15.9.2. Market Share Analysis, 2023

            15.9.2.1. By Product Type

            15.9.2.2. By Battery Type

    15.10. Poland

        15.10.1. Pricing Analysis

        15.10.2. Market Share Analysis, 2023

            15.10.2.1. By Product Type

            15.10.2.2. By Battery Type

    15.11. Russia

        15.11.1. Pricing Analysis

        15.11.2. Market Share Analysis, 2023

            15.11.2.1. By Product Type

            15.11.2.2. By Battery Type

    15.12. Czech Republic

        15.12.1. Pricing Analysis

        15.12.2. Market Share Analysis, 2023

            15.12.2.1. By Product Type

            15.12.2.2. By Battery Type

    15.13. Romania

        15.13.1. Pricing Analysis

        15.13.2. Market Share Analysis, 2023

            15.13.2.1. By Product Type

            15.13.2.2. By Battery Type

    15.14. India

        15.14.1. Pricing Analysis

        15.14.2. Market Share Analysis, 2023

            15.14.2.1. By Product Type

            15.14.2.2. By Battery Type

    15.15. Bangladesh

        15.15.1. Pricing Analysis

        15.15.2. Market Share Analysis, 2023

            15.15.2.1. By Product Type

            15.15.2.2. By Battery Type

    15.16. Australia

        15.16.1. Pricing Analysis

        15.16.2. Market Share Analysis, 2023

            15.16.2.1. By Product Type

            15.16.2.2. By Battery Type

    15.17. New Zealand

        15.17.1. Pricing Analysis

        15.17.2. Market Share Analysis, 2023

            15.17.2.1. By Product Type

            15.17.2.2. By Battery Type

    15.18. China

        15.18.1. Pricing Analysis

        15.18.2. Market Share Analysis, 2023

            15.18.2.1. By Product Type

            15.18.2.2. By Battery Type

    15.19. Japan

        15.19.1. Pricing Analysis

        15.19.2. Market Share Analysis, 2023

            15.19.2.1. By Product Type

            15.19.2.2. By Battery Type

    15.20. South Korea

        15.20.1. Pricing Analysis

        15.20.2. Market Share Analysis, 2023

            15.20.2.1. By Product Type

            15.20.2.2. By Battery Type

    15.21. GCC Countries

        15.21.1. Pricing Analysis

        15.21.2. Market Share Analysis, 2023

            15.21.2.1. By Product Type

            15.21.2.2. By Battery Type

    15.22. South Africa

        15.22.1. Pricing Analysis

        15.22.2. Market Share Analysis, 2023

            15.22.2.1. By Product Type

            15.22.2.2. By Battery Type

    15.23. Israel

        15.23.1. Pricing Analysis

        15.23.2. Market Share Analysis, 2023

            15.23.2.1. By Product Type

            15.23.2.2. By Battery Type

16. Market Structure Analysis

    16.1. Competition Dashboard

    16.2. Competition Benchmarking

    16.3. Market Share Analysis of Top Players

        16.3.1. By Regional

        16.3.2. By Product Type

        16.3.3. By Battery Type

17. Competition Analysis

    17.1. Competition Deep Dive

        17.1.1. AIMA Technology Co., Ltd

            17.1.1.1. Overview

            17.1.1.2. Product Portfolio

            17.1.1.3. Profitability by Market Segments

            17.1.1.4. Sales Footprint

            17.1.1.5. Strategy Overview

                17.1.1.5.1. Marketing Strategy

                17.1.1.5.2. Product Strategy

                17.1.1.5.3. Channel Strategy

        17.1.2. Ather Energy Pvt. Ltd.

            17.1.2.1. Overview

            17.1.2.2. Product Portfolio

            17.1.2.3. Profitability by Market Segments

            17.1.2.4. Sales Footprint

            17.1.2.5. Strategy Overview

                17.1.2.5.1. Marketing Strategy

                17.1.2.5.2. Product Strategy

                17.1.2.5.3. Channel Strategy

        17.1.3. Energica Motor Company SPA

            17.1.3.1. Overview

            17.1.3.2. Product Portfolio

            17.1.3.3. Profitability by Market Segments

            17.1.3.4. Sales Footprint

            17.1.3.5. Strategy Overview

                17.1.3.5.1. Marketing Strategy

                17.1.3.5.2. Product Strategy

                17.1.3.5.3. Channel Strategy

        17.1.4. Gogoro Limited

            17.1.4.1. Overview

            17.1.4.2. Product Portfolio

            17.1.4.3. Profitability by Market Segments

            17.1.4.4. Sales Footprint

            17.1.4.5. Strategy Overview

                17.1.4.5.1. Marketing Strategy

                17.1.4.5.2. Product Strategy

                17.1.4.5.3. Channel Strategy

        17.1.5. Govecs AG

            17.1.5.1. Overview

            17.1.5.2. Product Portfolio

            17.1.5.3. Profitability by Market Segments

            17.1.5.4. Sales Footprint

            17.1.5.5. Strategy Overview

                17.1.5.5.1. Marketing Strategy

                17.1.5.5.2. Product Strategy

                17.1.5.5.3. Channel Strategy

        17.1.6. Hero Electric Vehicles Pvt. Ltd

            17.1.6.1. Overview

            17.1.6.2. Product Portfolio

            17.1.6.3. Profitability by Market Segments

            17.1.6.4. Sales Footprint

            17.1.6.5. Strategy Overview

                17.1.6.5.1. Marketing Strategy

                17.1.6.5.2. Product Strategy

                17.1.6.5.3. Channel Strategy

        17.1.7. Jiangsu Xinri E-Vehicle Co. Ltd.

            17.1.7.1. Overview

            17.1.7.2. Product Portfolio

            17.1.7.3. Profitability by Market Segments

            17.1.7.4. Sales Footprint

            17.1.7.5. Strategy Overview

                17.1.7.5.1. Marketing Strategy

                17.1.7.5.2. Product Strategy

                17.1.7.5.3. Channel Strategy

        17.1.8. Piaggio & C. SpA

            17.1.8.1. Overview

            17.1.8.2. Product Portfolio

            17.1.8.3. Profitability by Market Segments

            17.1.8.4. Sales Footprint

            17.1.8.5. Strategy Overview

                17.1.8.5.1. Marketing Strategy

                17.1.8.5.2. Product Strategy

                17.1.8.5.3. Channel Strategy

        17.1.9. Vmoto Limited

            17.1.9.1. Overview

            17.1.9.2. Product Portfolio

            17.1.9.3. Profitability by Market Segments

            17.1.9.4. Sales Footprint

            17.1.9.5. Strategy Overview

                17.1.9.5.1. Marketing Strategy

                17.1.9.5.2. Product Strategy

                17.1.9.5.3. Channel Strategy

        17.1.10. Zero Motorcycles Inc.

            17.1.10.1. Overview

            17.1.10.2. Product Portfolio

            17.1.10.3. Profitability by Market Segments

            17.1.10.4. Sales Footprint

            17.1.10.5. Strategy Overview

                17.1.10.5.1. Marketing Strategy

                17.1.10.5.2. Product Strategy

                17.1.10.5.3. Channel Strategy

18. Assumptions & Acronyms Used

19. Research Methodology

Don't Need a Global Report?

save 40%! on Country & Region specific reports

List Of Table

Table 1: Global Market Value (US$ Million) Forecast by Region, 2019-2034

Table 2: Global Market Volume (Units) Forecast by Region, 2019-2034

Table 3: Global Market Value (US$ Million) Forecast by Product Type, 2019-2034

Table 4: Global Market Volume (Units) Forecast by Product Type, 2019-2034

Table 5: Global Market Value (US$ Million) Forecast by Battery Type, 2019-2034

Table 6: Global Market Volume (Units) Forecast by Battery Type, 2019-2034

Table 7: North America Market Value (US$ Million) Forecast by Country, 2019-2034

Table 8: North America Market Volume (Units) Forecast by Country, 2019-2034

Table 9: North America Market Value (US$ Million) Forecast by Product Type, 2019-2034

Table 10: North America Market Volume (Units) Forecast by Product Type, 2019-2034

Table 11: North America Market Value (US$ Million) Forecast by Battery Type, 2019-2034

Table 12: North America Market Volume (Units) Forecast by Battery Type, 2019-2034

Table 13: Latin America Market Value (US$ Million) Forecast by Country, 2019-2034

Table 14: Latin America Market Volume (Units) Forecast by Country, 2019-2034

Table 15: Latin America Market Value (US$ Million) Forecast by Product Type, 2019-2034

Table 16: Latin America Market Volume (Units) Forecast by Product Type, 2019-2034

Table 17: Latin America Market Value (US$ Million) Forecast by Battery Type, 2019-2034

Table 18: Latin America Market Volume (Units) Forecast by Battery Type, 2019-2034

Table 19: Western Europe Market Value (US$ Million) Forecast by Country, 2019-2034

Table 20: Western Europe Market Volume (Units) Forecast by Country, 2019-2034

Table 21: Western Europe Market Value (US$ Million) Forecast by Product Type, 2019-2034

Table 22: Western Europe Market Volume (Units) Forecast by Product Type, 2019-2034

Table 23: Western Europe Market Value (US$ Million) Forecast by Battery Type, 2019-2034

Table 24: Western Europe Market Volume (Units) Forecast by Battery Type, 2019-2034

Table 25: Eastern Europe Market Value (US$ Million) Forecast by Country, 2019-2034

Table 26: Eastern Europe Market Volume (Units) Forecast by Country, 2019-2034

Table 27: Eastern Europe Market Value (US$ Million) Forecast by Product Type, 2019-2034

Table 28: Eastern Europe Market Volume (Units) Forecast by Product Type, 2019-2034

Table 29: Eastern Europe Market Value (US$ Million) Forecast by Battery Type, 2019-2034

Table 30: Eastern Europe Market Volume (Units) Forecast by Battery Type, 2019-2034

Table 31: South Asia and Pacific Market Value (US$ Million) Forecast by Country, 2019-2034

Table 32: South Asia and Pacific Market Volume (Units) Forecast by Country, 2019-2034

Table 33: South Asia and Pacific Market Value (US$ Million) Forecast by Product Type, 2019-2034

Table 34: South Asia and Pacific Market Volume (Units) Forecast by Product Type, 2019-2034

Table 35: South Asia and Pacific Market Value (US$ Million) Forecast by Battery Type, 2019-2034

Table 36: South Asia and Pacific Market Volume (Units) Forecast by Battery Type, 2019-2034

Table 37: East Asia Market Value (US$ Million) Forecast by Country, 2019-2034

Table 38: East Asia Market Volume (Units) Forecast by Country, 2019-2034

Table 39: East Asia Market Value (US$ Million) Forecast by Product Type, 2019-2034

Table 40: East Asia Market Volume (Units) Forecast by Product Type, 2019-2034

Table 41: East Asia Market Value (US$ Million) Forecast by Battery Type, 2019-2034

Table 42: East Asia Market Volume (Units) Forecast by Battery Type, 2019-2034

Table 43: Middle East and Africa Market Value (US$ Million) Forecast by Country, 2019-2034

Table 44: Middle East and Africa Market Volume (Units) Forecast by Country, 2019-2034

Table 45: Middle East and Africa Market Value (US$ Million) Forecast by Product Type, 2019-2034

Table 46: Middle East and Africa Market Volume (Units) Forecast by Product Type, 2019-2034

Table 47: Middle East and Africa Market Value (US$ Million) Forecast by Battery Type, 2019-2034

Table 48: Middle East and Africa Market Volume (Units) Forecast by Battery Type, 2019-2034

More Insights, Lesser Cost (-50% off)

Insights on import/export production,
pricing analysis, and more – Only @ Fact.MR

List Of Figures

Figure 1: Global Market Value (US$ Million) by Product Type, 2024-2034

Figure 2: Global Market Value (US$ Million) by Battery Type, 2024-2034

Figure 3: Global Market Value (US$ Million) by Region, 2024-2034

Figure 4: Global Market Value (US$ Million) Analysis by Region, 2019-2034

Figure 5: Global Market Volume (Units) Analysis by Region, 2019-2034

Figure 6: Global Market Value Share (%) and BPS Analysis by Region, 2024-2034

Figure 7: Global Market Y-o-Y Growth (%) Projections by Region, 2024-2034

Figure 8: Global Market Value (US$ Million) Analysis by Product Type, 2019-2034

Figure 9: Global Market Volume (Units) Analysis by Product Type, 2019-2034

Figure 10: Global Market Value Share (%) and BPS Analysis by Product Type, 2024-2034

Figure 11: Global Market Y-o-Y Growth (%) Projections by Product Type, 2024-2034

Figure 12: Global Market Value (US$ Million) Analysis by Battery Type, 2019-2034

Figure 13: Global Market Volume (Units) Analysis by Battery Type, 2019-2034

Figure 14: Global Market Value Share (%) and BPS Analysis by Battery Type, 2024-2034

Figure 15: Global Market Y-o-Y Growth (%) Projections by Battery Type, 2024-2034

Figure 16: Global Market Attractiveness by Product Type, 2024-2034

Figure 17: Global Market Attractiveness by Battery Type, 2024-2034

Figure 18: Global Market Attractiveness by Region, 2024-2034

Figure 19: North America Market Value (US$ Million) by Product Type, 2024-2034

Figure 20: North America Market Value (US$ Million) by Battery Type, 2024-2034

Figure 21: North America Market Value (US$ Million) by Country, 2024-2034

Figure 22: North America Market Value (US$ Million) Analysis by Country, 2019-2034

Figure 23: North America Market Volume (Units) Analysis by Country, 2019-2034

Figure 24: North America Market Value Share (%) and BPS Analysis by Country, 2024-2034

Figure 25: North America Market Y-o-Y Growth (%) Projections by Country, 2024-2034

Figure 26: North America Market Value (US$ Million) Analysis by Product Type, 2019-2034

Figure 27: North America Market Volume (Units) Analysis by Product Type, 2019-2034

Figure 28: North America Market Value Share (%) and BPS Analysis by Product Type, 2024-2034

Figure 29: North America Market Y-o-Y Growth (%) Projections by Product Type, 2024-2034

Figure 30: North America Market Value (US$ Million) Analysis by Battery Type, 2019-2034

Figure 31: North America Market Volume (Units) Analysis by Battery Type, 2019-2034

Figure 32: North America Market Value Share (%) and BPS Analysis by Battery Type, 2024-2034

Figure 33: North America Market Y-o-Y Growth (%) Projections by Battery Type, 2024-2034

Figure 34: North America Market Attractiveness by Product Type, 2024-2034

Figure 35: North America Market Attractiveness by Battery Type, 2024-2034

Figure 36: North America Market Attractiveness by Country, 2024-2034

Figure 37: Latin America Market Value (US$ Million) by Product Type, 2024-2034

Figure 38: Latin America Market Value (US$ Million) by Battery Type, 2024-2034

Figure 39: Latin America Market Value (US$ Million) by Country, 2024-2034

Figure 40: Latin America Market Value (US$ Million) Analysis by Country, 2019-2034

Figure 41: Latin America Market Volume (Units) Analysis by Country, 2019-2034

Figure 42: Latin America Market Value Share (%) and BPS Analysis by Country, 2024-2034

Figure 43: Latin America Market Y-o-Y Growth (%) Projections by Country, 2024-2034

Figure 44: Latin America Market Value (US$ Million) Analysis by Product Type, 2019-2034

Figure 45: Latin America Market Volume (Units) Analysis by Product Type, 2019-2034

Figure 46: Latin America Market Value Share (%) and BPS Analysis by Product Type, 2024-2034

Figure 47: Latin America Market Y-o-Y Growth (%) Projections by Product Type, 2024-2034

Figure 48: Latin America Market Value (US$ Million) Analysis by Battery Type, 2019-2034

Figure 49: Latin America Market Volume (Units) Analysis by Battery Type, 2019-2034

Figure 50: Latin America Market Value Share (%) and BPS Analysis by Battery Type, 2024-2034

Figure 51: Latin America Market Y-o-Y Growth (%) Projections by Battery Type, 2024-2034

Figure 52: Latin America Market Attractiveness by Product Type, 2024-2034

Figure 53: Latin America Market Attractiveness by Battery Type, 2024-2034

Figure 54: Latin America Market Attractiveness by Country, 2024-2034

Figure 55: Western Europe Market Value (US$ Million) by Product Type, 2024-2034

Figure 56: Western Europe Market Value (US$ Million) by Battery Type, 2024-2034

Figure 57: Western Europe Market Value (US$ Million) by Country, 2024-2034

Figure 58: Western Europe Market Value (US$ Million) Analysis by Country, 2019-2034

Figure 59: Western Europe Market Volume (Units) Analysis by Country, 2019-2034

Figure 60: Western Europe Market Value Share (%) and BPS Analysis by Country, 2024-2034

Figure 61: Western Europe Market Y-o-Y Growth (%) Projections by Country, 2024-2034

Figure 62: Western Europe Market Value (US$ Million) Analysis by Product Type, 2019-2034

Figure 63: Western Europe Market Volume (Units) Analysis by Product Type, 2019-2034

Figure 64: Western Europe Market Value Share (%) and BPS Analysis by Product Type, 2024-2034

Figure 65: Western Europe Market Y-o-Y Growth (%) Projections by Product Type, 2024-2034

Figure 66: Western Europe Market Value (US$ Million) Analysis by Battery Type, 2019-2034

Figure 67: Western Europe Market Volume (Units) Analysis by Battery Type, 2019-2034

Figure 68: Western Europe Market Value Share (%) and BPS Analysis by Battery Type, 2024-2034

Figure 69: Western Europe Market Y-o-Y Growth (%) Projections by Battery Type, 2024-2034

Figure 70: Western Europe Market Attractiveness by Product Type, 2024-2034

Figure 71: Western Europe Market Attractiveness by Battery Type, 2024-2034

Figure 72: Western Europe Market Attractiveness by Country, 2024-2034

Figure 73: Eastern Europe Market Value (US$ Million) by Product Type, 2024-2034

Figure 74: Eastern Europe Market Value (US$ Million) by Battery Type, 2024-2034

Figure 75: Eastern Europe Market Value (US$ Million) by Country, 2024-2034

Figure 76: Eastern Europe Market Value (US$ Million) Analysis by Country, 2019-2034

Figure 77: Eastern Europe Market Volume (Units) Analysis by Country, 2019-2034

Figure 78: Eastern Europe Market Value Share (%) and BPS Analysis by Country, 2024-2034

Figure 79: Eastern Europe Market Y-o-Y Growth (%) Projections by Country, 2024-2034

Figure 80: Eastern Europe Market Value (US$ Million) Analysis by Product Type, 2019-2034

Figure 81: Eastern Europe Market Volume (Units) Analysis by Product Type, 2019-2034

Figure 82: Eastern Europe Market Value Share (%) and BPS Analysis by Product Type, 2024-2034

Figure 83: Eastern Europe Market Y-o-Y Growth (%) Projections by Product Type, 2024-2034

Figure 84: Eastern Europe Market Value (US$ Million) Analysis by Battery Type, 2019-2034

Figure 85: Eastern Europe Market Volume (Units) Analysis by Battery Type, 2019-2034

Figure 86: Eastern Europe Market Value Share (%) and BPS Analysis by Battery Type, 2024-2034

Figure 87: Eastern Europe Market Y-o-Y Growth (%) Projections by Battery Type, 2024-2034

Figure 88: Eastern Europe Market Attractiveness by Product Type, 2024-2034

Figure 89: Eastern Europe Market Attractiveness by Battery Type, 2024-2034

Figure 90: Eastern Europe Market Attractiveness by Country, 2024-2034

Figure 91: South Asia and Pacific Market Value (US$ Million) by Product Type, 2024-2034

Figure 92: South Asia and Pacific Market Value (US$ Million) by Battery Type, 2024-2034

Figure 93: South Asia and Pacific Market Value (US$ Million) by Country, 2024-2034

Figure 94: South Asia and Pacific Market Value (US$ Million) Analysis by Country, 2019-2034

Figure 95: South Asia and Pacific Market Volume (Units) Analysis by Country, 2019-2034

Figure 96: South Asia and Pacific Market Value Share (%) and BPS Analysis by Country, 2024-2034

Figure 97: South Asia and Pacific Market Y-o-Y Growth (%) Projections by Country, 2024-2034

Figure 98: South Asia and Pacific Market Value (US$ Million) Analysis by Product Type, 2019-2034

Figure 99: South Asia and Pacific Market Volume (Units) Analysis by Product Type, 2019-2034

Figure 100: South Asia and Pacific Market Value Share (%) and BPS Analysis by Product Type, 2024-2034

Figure 101: South Asia and Pacific Market Y-o-Y Growth (%) Projections by Product Type, 2024-2034

Figure 102: South Asia and Pacific Market Value (US$ Million) Analysis by Battery Type, 2019-2034

Figure 103: South Asia and Pacific Market Volume (Units) Analysis by Battery Type, 2019-2034

Figure 104: South Asia and Pacific Market Value Share (%) and BPS Analysis by Battery Type, 2024-2034

Figure 105: South Asia and Pacific Market Y-o-Y Growth (%) Projections by Battery Type, 2024-2034

Figure 106: South Asia and Pacific Market Attractiveness by Product Type, 2024-2034

Figure 107: South Asia and Pacific Market Attractiveness by Battery Type, 2024-2034

Figure 108: South Asia and Pacific Market Attractiveness by Country, 2024-2034

Figure 109: East Asia Market Value (US$ Million) by Product Type, 2024-2034

Figure 110: East Asia Market Value (US$ Million) by Battery Type, 2024-2034

Figure 111: East Asia Market Value (US$ Million) by Country, 2024-2034

Figure 112: East Asia Market Value (US$ Million) Analysis by Country, 2019-2034

Figure 113: East Asia Market Volume (Units) Analysis by Country, 2019-2034

Figure 114: East Asia Market Value Share (%) and BPS Analysis by Country, 2024-2034

Figure 115: East Asia Market Y-o-Y Growth (%) Projections by Country, 2024-2034

Figure 116: East Asia Market Value (US$ Million) Analysis by Product Type, 2019-2034

Figure 117: East Asia Market Volume (Units) Analysis by Product Type, 2019-2034

Figure 118: East Asia Market Value Share (%) and BPS Analysis by Product Type, 2024-2034

Figure 119: East Asia Market Y-o-Y Growth (%) Projections by Product Type, 2024-2034

Figure 120: East Asia Market Value (US$ Million) Analysis by Battery Type, 2019-2034

Figure 121: East Asia Market Volume (Units) Analysis by Battery Type, 2019-2034

Figure 122: East Asia Market Value Share (%) and BPS Analysis by Battery Type, 2024-2034

Figure 123: East Asia Market Y-o-Y Growth (%) Projections by Battery Type, 2024-2034

Figure 124: East Asia Market Attractiveness by Product Type, 2024-2034

Figure 125: East Asia Market Attractiveness by Battery Type, 2024-2034

Figure 126: East Asia Market Attractiveness by Country, 2024-2034

Figure 127: Middle East and Africa Market Value (US$ Million) by Product Type, 2024-2034

Figure 128: Middle East and Africa Market Value (US$ Million) by Battery Type, 2024-2034

Figure 129: Middle East and Africa Market Value (US$ Million) by Country, 2024-2034

Figure 130: Middle East and Africa Market Value (US$ Million) Analysis by Country, 2019-2034

Figure 131: Middle East and Africa Market Volume (Units) Analysis by Country, 2019-2034

Figure 132: Middle East and Africa Market Value Share (%) and BPS Analysis by Country, 2024-2034

Figure 133: Middle East and Africa Market Y-o-Y Growth (%) Projections by Country, 2024-2034

Figure 134: Middle East and Africa Market Value (US$ Million) Analysis by Product Type, 2019-2034

Figure 135: Middle East and Africa Market Volume (Units) Analysis by Product Type, 2019-2034

Figure 136: Middle East and Africa Market Value Share (%) and BPS Analysis by Product Type, 2024-2034

Figure 137: Middle East and Africa Market Y-o-Y Growth (%) Projections by Product Type, 2024-2034

Figure 138: Middle East and Africa Market Value (US$ Million) Analysis by Battery Type, 2019-2034

Figure 139: Middle East and Africa Market Volume (Units) Analysis by Battery Type, 2019-2034

Figure 140: Middle East and Africa Market Value Share (%) and BPS Analysis by Battery Type, 2024-2034

Figure 141: Middle East and Africa Market Y-o-Y Growth (%) Projections by Battery Type, 2024-2034

Figure 142: Middle East and Africa Market Attractiveness by Product Type, 2024-2034

Figure 143: Middle East and Africa Market Attractiveness by Battery Type, 2024-2034

Figure 144: Middle East and Africa Market Attractiveness by Country, 2024-2034

Know thy Competitors

Competitive landscape highlights only certain players
Complete list available upon request

- FAQs -

What is the anticipated value of the Electric Two Wheeler market in 2024?

The market is projected to reach a valuation of US$ 70,880.2 million in 2024.

What is the expected CAGR for the Electric Two Wheeler market until 2034?

The electric two wheeler industry is set to expand by a CAGR of 11.1% through 2034.

How much valuation is projected for the Electric Two Wheeler market in 2034?

The electric two wheeler market is forecast to reach US$ 203,078.7 million by 2034.

Which country is projected to lead the Electric Two Wheeler market?

The United States is expected to be the top performing market, exhibiting a CAGR of 12.5% through 2034.

Which is the dominant product type in the Electric Two Wheeler domain?

Electric Scooters is preferred, and are expected to account for a share of 61.2% in 2024.

- Also of Interest -

Electric Motors for Electric Vehicle Market

Electric Motors for Electric Vehicle Market Study by AC Motors and DC Motors for Passenger Cars and Buses from 2023 to 2033

Electric Car Battery Charger Market

Electric Car Battery Charger Market By Vehicle Type (Battery Electric Vehicles, Plug-In Hybrid Electric Vehicles, Hybrid Electric Vehicles), By Charging Type, By Charger Type, By Battery Capacity, By Application & By Region - Global Market Insights 2022-2032

Hybrid Electric Vehicles Market

Hybrid Electric Vehicles Market Analysis By Power Source (Stored Electricity HEVs, On-Board Electric Generator HEVs), By Powertrain (Series, Parallel, Combined Hybrid Electric Vehicles), By Vehicle & By Region - Global Market Insights 2021-2031

Electric Vehicle Drive Motor Market

Electric Vehicle Drive Motor Market Size, Trend Analysis Report By Motor type (DC Motor, Brushless Permanent Magnet Motor, Brushed Motor, AC Motor, Induction Motor), By Vehicle type (Two wheelers, Passenger Cars, Commercial Vehicles, Heavy Duty Vehicles) - Regional Forecast to 2028

Electric Two Wheeler Market

Schedule a Call