Product ID: UCMIG25D2005
Electric Two-Wheeler Market Size, Share, Growth Analysis, By Product(Electric Motorcycle, Urban), By Battery(SLA, Li-ion), By Motor Placement(Hub Motor, Gear), By Motor Power(48V, 60V), By Motor Speed(Below 3.5 kW, 3.5 kW – 6.5 kW), By Region(North America, Europe) - Industry Forecast 2024-2031
Report ID:
UCMIG25D2005 |
Region:
Global |
Published Date: Upcoming |
Pages:
165
| Tables: 55 | Figures: 60
Electric Two-Wheeler Market Insights
Market Overview:
The demand for electric two-wheelers is expected to rise due to increasing concerns about environmental pollution and the rising demand for personal mobility. Furthermore, the focus on clean energy usage is expected to boost the growth of the electric two-wheeler market. The market size was estimated to be USD 65 billion in 2021 and is projected to grow at a CAGR of over 5% from 2022 to 2030.
Electric Two-Wheeler Market, Forecast & Y-O-Y Growth Rate, 2020 - 2028
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This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Motorcycle Manufacturers by segment aggregation, the contribution of the Motorcycle Manufacturers in Automobiles & Components and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
Electric Two-Wheeler Market Report Snapshots
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