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Electric Two-Wheeler Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

The global electric two-wheeler market exhibited strong growth during 2015-2020. Looking forward, IMARC Group expects the market to grow at a CAGR of around 10% during 2021-2026. Electric two-wheelers, primarily comprising of scooters/mopeds and motorcycles, operate with the help of battery-based electric motors. These vehicles have gained popularity as an eco-friendly alternative to gasoline-powered vehicles owing to their zero carbon emissions. The global electric two-wheeler market is majorly driven by the growing environmental concerns towards increasing pollution levels from fuel-based automobiles. In addition to this, the high depletion rate of fossil fuels, such as diesel, petrol, etc., coupled with the rising fuel rates have also augmented the demand for electric vehicles. The growing consumer awareness towards several economic and ecological benefits of electric vehicles have also catalyzed the market growth.

The introduction of various government initiatives and awareness programs for curbing the rising CO2 emission levels has provided strong growth opportunities to the market. Moreover, electric two-wheeler fleets are increasingly being used by courier and e commerce delivery companies, for providing postal and delivery services, thereby increasing the market penetration. Furthermore, increasing installation of electric vehicle charging stations in several commercial places, such as shopping malls, educational institutes, etc., has also catalyzed the market growth. Some of the other key factors driving the market include technological advancements, increasing affordability, improving supply chains, etc. 

Breakup by Vehicle Type:

  • Electric Scooter/Moped
  • Electric Motorcycle
     

Breakup by Battery Type:

  • Lithium-Ion
  • Sealed Lead Acid (SLA)
     

Breakup by Voltage Type:

  • <48V
  • 48-60V
  • 61-72V
  • 73-96V
  • >96V
     

Breakup by Peak Power:

  • <3 kW
  • 3-6 kW
  • 7-10 kW
  • >10 kW
     

Breakup by Battery Technology:

  • Removable
  • Non-Removable
     

Breakup by Motor Placement:

  • Hub Type
  • Chassis Mounted
     

Breakup by Region:

  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Netherlands
    • Norway
    • Others
  • North America
    • United States
    • Canada
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
    • Turkey
    • Saudi Arabia
    • Egypt
    • Others

 

Competitive Landscape:

The competitive landscape of the industry has also been examined with some of the key players being AIMA Technology Co. Ltd., Ampere Vehicles Pvt. Ltd., BMW AG, Energica Motor Company S.p.A., GOVECS AG, Hero Electric Vehicles Pvt. Ltd., Mahindra GenZe, Terra Motors Corporation, Vmoto Limited, Yadea Technology Group Co. Ltd., and Zero Motorcycles, Inc.

Key Questions Answered in This Report:

  • How has the global electric two-wheelers market performed so far and how will it perform in the coming years?
  • What are the key regional markets?
  • How has the COVID-19 pandemic impacted the global electric two-wheeler market?
  • What is the breakup of the market based on the vehicle type?
  • What is the breakup of the market based on the battery type?
  • What is the breakup of the market based on the voltage type?
  • What is the breakup of the market based on the peak power?
  • What is the breakup of the market based on the battery technology?
  • What is the breakup of the market based on the motor placement?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the market?
  • What is the structure of the global electric two-wheelers market and who are the key players?
  • What is the degree of competition in the market?

1   Preface
2   Scope and Methodology 

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3   Executive Summary
4   Introduction

    4.1    Overview
    4.2    Key Industry Trends
5   Global Electric Two-Wheeler Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6   Market Breakup by Vehicle Type
    6.1    Electric Scooter/Moped
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Electric Motorcycle
        6.2.1 Market Trends
        6.2.2 Market Forecast
7   Market Breakup by Battery Type 
    7.1    Lithium-Ion
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Sealed Lead Acid (SLA)
        7.2.1 Market Trends
        7.2.2 Market Forecast
8   Market Breakup by Voltage Type
    8.1    <48V
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    48-60V
        8.2.1 Market Trends
        8.2.2 Market Forecast
    8.3    61-72V
        8.3.1 Market Trends
        8.3.2 Market Forecast
    8.4    73-96V
        8.4.1 Market Trends
        8.4.2 Market Forecast
    8.5    >96V
        8.5.1 Market Trends
        8.5.2 Market Forecast
9   Market Breakup by Peak Power
    9.1    <3 kW
        9.1.1 Market Trends
        9.1.2 Market Forecast
    9.2    3-6 kW
        9.2.1 Market Trends
        9.2.2 Market Forecast
    9.3    7-10 kW
        9.3.1 Market Trends
        9.3.2 Market Forecast
    9.4    >10 kW
        9.4.1 Market Trends
        9.4.2 Market Forecast
10  Market Breakup by Battery Technology
    10.1    Removable 
        10.1.1 Market Trends
        10.1.2 Market Forecast
    10.2    Non-Removable
        10.2.1 Market Trends
        10.2.2 Market Forecast
11  Market Breakup by Motor Placement
    11.1    Hub Type   
        11.1.1 Market Trends
        11.1.2 Market Forecast
    11.2   Chassis Mounted 
        11.2.1 Market Trends
        11.2.2 Market Forecast
12  Market Breakup by Region
    12.1    Asia Pacific
        12.1.1 China
           12.1.1.1 Market Trends
           12.1.1.2 Market Forecast
        12.1.2 Japan
           12.1.2.1 Market Trends
           12.1.2.2 Market Forecast
        12.1.3 India
           12.1.3.1 Market Trends
           12.1.3.2 Market Forecast
        12.1.4 South Korea
           12.1.4.1 Market Trends
           12.1.4.2 Market Forecast
        12.1.5 Australia
           12.1.5.1 Market Trends
           12.1.5.2 Market Forecast
        12.1.6 Others
           12.1.6.1 Market Trends
           12.1.6.2 Market Forecast 
    12.2    Europe
        12.2.1 Germany
           12.2.1.1 Market Trends
           12.2.1.2 Market Forecast
        12.2.2 France
           12.2.2.1 Market Trends
           12.2.2.2 Market Forecast
        12.2.3 United Kingdom
           12.2.3.1 Market Trends
           12.2.3.2 Market Forecast
        12.2.4 Italy
           12.2.4.1 Market Trends
           12.2.4.2 Market Forecast
        12.2.5 Netherlands
           12.2.5.1 Market Trends
           12.2.5.2 Market Forecast
        12.2.6 Norway
           12.2.6.1 Market Trends
           12.2.6.2 Market Forecast
        12.2.7 Others
           12.2.7.1 Market Trends
           12.2.7.2 Market Forecast
    12.3    North America
        12.3.1 United States
           12.3.1.1 Market Trends
           12.3.1.2 Market Forecast
        12.3.2 Canada
           12.3.2.1 Market Trends
           12.3.2.2 Market Forecast
    12.4    Latin America
        12.4.1 Brazil
           12.4.1.1 Market Trends
           12.4.1.2 Market Forecast
        12.4.2 Mexico
           12.4.2.1 Market Trends
           12.4.2.2 Market Forecast
        12.4.3 Others
           12.4.3.1 Market Trends
           12.4.3.2 Market Forecast
    12.5    Middle East and Africa
        12.5.1 Turkey
           12.5.1.1 Market Trends
           12.5.1.2 Market Forecast
        12.5.2 Saudi Arabia
           12.5.2.1 Market Trends
           12.5.2.2 Market Forecast
        12.5.3 Egypt
           12.5.3.1 Market Trends
           12.5.3.2 Market Forecast
        12.5.4 Others
           12.5.4.1 Market Trends
           12.5.4.2 Market Forecast
13  SWOT Analysis
    13.1    Overview
    13.2    Strengths
    13.3    Weaknesses
    13.4    Opportunities
    13.5    Threats
14  Value Chain Analysis
15  Porters Five Forces Analysis

    15.1    Overview
    15.2    Bargaining Power of Buyers
    15.3    Bargaining Power of Suppliers
    15.4    Degree of Competition
    15.5    Threat of New Entrants
    15.6    Threat of Substitutes
16  Competitive Landscape
    16.1    Market Structure
    16.2    Key Players
    16.3    Profiles of Key Players
        16.3.1    AIMA Technology Co. Ltd.
           16.3.1.1 Company Overview
           16.3.1.2 Product Portfolio 
           16.3.1.3 SWOT Analysis
        16.3.2    Ampere Vehicles Pvt. Ltd.
           16.3.2.1 Company Overview
           16.3.2.2 Product Portfolio 
           16.3.2.3 SWOT Analysis
        16.3.3    BMW AG
           16.3.3.1 Company Overview
           16.3.3.2 Product Portfolio 
           16.3.3.3 Financials
           16.3.3.4 SWOT Analysis
        16.3.4    Energica Motor Company S.p.A.
           16.3.4.1 Company Overview
           16.3.4.2 Product Portfolio 
           16.3.4.3 Financials
           16.3.4.4 SWOT Analysis
        16.3.5    GOVECS AG
           16.3.5.1 Company Overview
           16.3.5.2 Product Portfolio 
           16.3.5.3 Financials
           16.3.5.4 SWOT Analysis
        16.3.6    Hero Electric Vehicles Pvt. Ltd.
           16.3.6.1 Company Overview
           16.3.6.2 Product Portfolio 
           16.3.6.3 Financials
           16.3.6.4 SWOT Analysis
        16.3.7    Mahindra GenZe
           16.3.7.1 Company Overview
           16.3.7.2 Product Portfolio 
           16.3.7.3 Financials
           16.3.7.4 SWOT Analysis
        16.3.8    Terra Motors Corporation
           16.3.8.1 Company Overview
           16.3.8.2 Product Portfolio 
           16.3.8.3 SWOT Analysis
        16.3.9    Vmoto Limited
           16.3.9.1 Company Overview
           16.3.9.2 Product Portfolio 
           16.3.9.3 Financials
           16.3.9.4 SWOT Analysis
        16.3.10    Yadea Technology Group Co. Ltd.
           16.3.10.1 Company Overview
           16.3.10.2 Product Portfolio 
           16.3.10.3 Financials
           16.3.10.4 SWOT Analysis
        16.3.11    Zero Motorcycles, Inc.
           16.3.11.1 Company Overview
           16.3.11.2 Product Portfolio 
           16.3.11.3 Financials
           16.3.11.4 SWOT Analysis

List of Figures

Figure 1: Global: Electric Two-Wheeler Market: Major Drivers and Challenges
Figure 2: Global: Electric Two-Wheeler Market: Sales Value (in Billion US$), 2015-2020
Figure 3: Global: Electric Two-Wheeler Market: Breakup by Vehicle Type (in %), 2020
Figure 4: Global: Electric Two-Wheeler Market: Breakup by Battery Type (in %), 2020
Figure 5: Global: Electric Two-Wheeler Market: Breakup by Voltage Type (in %), 2020
Figure 6: Global: Electric Two-Wheeler Market: Breakup by Peak Power (in %), 2020
Figure 7: Global: Electric Two-Wheeler Market: Breakup by Battery Technology (in %), 2020
Figure 8: Global: Electric Two-Wheeler Market: Breakup by Motor Placement (in %), 2020
Figure 9: Global: Electric Two-Wheeler Market: Breakup by Region (in %), 2020
Figure 10: Global: Electric Two-Wheeler Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 11: Global: Electric Two-Wheeler (Electric Scooter/Moped) Market: Sales Value (in Billion US$), 2015 & 2020
Figure 12: Global: Electric Two-Wheeler (Electric Scooter/Moped) Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 13: Global: Electric Two-Wheeler (Electric Motorcycle) Market: Sales Value (in Billion US$), 2015 & 2020
Figure 14: Global: Electric Two-Wheeler (Electric Motorcycle) Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 15: Global: Electric Two-Wheeler (Lithium-Ion) Market: Sales Value (in Billion US$), 2015 & 2020
Figure 16: Global: Electric Two-Wheeler (Lithium-Ion) Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 17: Global: Electric Two-Wheeler (Sealed Lead Acid) Market: Sales Value (in Billion US$), 2015 & 2020
Figure 18: Global: Electric Two-Wheeler (Sealed Lead Acid) Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 19: Global: Electric Two-Wheeler (<48V) Market: Sales Value (in Billion US$), 2015 & 2020
Figure 20: Global: Electric Two-Wheeler (<48V) Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 21: Global: Electric Two-Wheeler (48-60V) Market: Sales Value (in Billion US$), 2015 & 2020
Figure 22: Global: Electric Two-Wheeler (48-60V) Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 23: Global: Electric Two-Wheeler (61-72V) Market: Sales Value (in Billion US$), 2015 & 2020
Figure 24: Global: Electric Two-Wheeler (61-72V) Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 25: Global: Electric Two-Wheeler (73-96V) Market: Sales Value (in Billion US$), 2015 & 2020
Figure 26: Global: Electric Two-Wheeler (73-96V) Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 27: Global: Electric Two-Wheeler (>96V) Market: Sales Value (in Billion US$), 2015 & 2020
Figure 28: Global: Electric Two-Wheeler (>96V) Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 29: Global: Electric Two-Wheeler (<3 kW) Market: Sales Value (in Billion US$), 2015 & 2020
Figure 30: Global: Electric Two-Wheeler (<3 kW) Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 31: Global: Electric Two-Wheeler (3-6 kW) Market: Sales Value (in Billion US$), 2015 & 2020
Figure 32: Global: Electric Two-Wheeler (3-6 kW) Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 33: Global: Electric Two-Wheeler (7-10 kW) Market: Sales Value (in Billion US$), 2015 & 2020
Figure 34: Global: Electric Two-Wheeler (7-10 kW) Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 35: Global: Electric Two-Wheeler (>10 kW) Market: Sales Value (in Billion US$), 2015 & 2020
Figure 36: Global: Electric Two-Wheeler (>10 kW) Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 37: Global: Electric Two-Wheeler (Removable) Market: Sales Value (in Billion US$), 2015 & 2020
Figure 38: Global: Electric Two-Wheeler (Removable) Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 39: Global: Electric Two-Wheeler (Non-removable) Market: Sales Value (in Billion US$), 2015 & 2020
Figure 40: Global: Electric Two-Wheeler (Non-removable) Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 41: Global: Electric Two-Wheeler (Hub Type) Market: Sales Value (in Billion US$), 2015 & 2020
Figure 42: Global: Electric Two-Wheeler (Hub Type) Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 43: Global: Electric Two-Wheeler (Chassis Mounted) Market: Sales Value (in Billion US$), 2015 & 2020
Figure 44: Global: Electric Two-Wheeler (Chassis Mounted) Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 45: Asia Pacific: Electric Two-Wheeler Market: Sales Value (in Billion US$), 2015 & 2020
Figure 46: China: Electric Two-Wheeler Market: Sales Value (in Billion US$), 2015 & 2020
Figure 47: China: Electric Two-Wheeler Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 48: Japan: Electric Two-Wheeler Market: Sales Value (in Billion US$), 2015 & 2020
Figure 49: Japan: Electric Two-Wheeler Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 50: India: Electric Two-Wheeler Market: Sales Value (in Billion US$), 2015 & 2020
Figure 51: India: Electric Two-Wheeler Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 52: South Korea: Electric Two-Wheeler Market: Sales Value (in Billion US$), 2015 & 2020
Figure 53: South Korea: Electric Two-Wheeler Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 54: Australia: Electric Two-Wheeler Market: Sales Value (in Billion US$), 2015 & 2020
Figure 55: Australia: Electric Two-Wheeler Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 56: Others: Electric Two-Wheeler Market: Sales Value (in Billion US$), 2015 & 2020
Figure 57: Others: Electric Two-Wheeler Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 58: Asia Pacific: Electric Two-Wheeler Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 59: Europe: Electric Two-Wheeler Market: Sales Value (in Billion US$), 2015 & 2020
Figure 60: Germany: Electric Two-Wheeler Market: Sales Value (in Billion US$), 2015 & 2020
Figure 61: Germany: Electric Two-Wheeler Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 62: France: Electric Two-Wheeler Market: Sales Value (in Billion US$), 2015 & 2020
Figure 63: France: Electric Two-Wheeler Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 64: United Kingdom: Electric Two-Wheeler Market: Sales Value (in Billion US$), 2015 & 2020
Figure 65: United Kingdom: Electric Two-Wheeler Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 66: Italy: Electric Two-Wheeler Market: Sales Value (in Billion US$), 2015 & 2020
Figure 67: Italy: Electric Two-Wheeler Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 68: Netherlands: Electric Two-Wheeler Market: Sales Value (in Billion US$), 2015 & 2020
Figure 69: Netherlands: Electric Two-Wheeler Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 70: Norway: Electric Two-Wheeler Market: Sales Value (in Billion US$), 2015 & 2020
Figure 71: Norway: Electric Two-Wheeler Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 72: Others: Electric Two-Wheeler Market: Sales Value (in Billion US$), 2015 & 2020
Figure 73: Others: Electric Two-Wheeler Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 74: Europe: Electric Two-Wheeler Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 75: North America: Electric Two-Wheeler Market: Sales Value (in Billion US$), 2015 & 2020
Figure 76: United States: Electric Two-Wheeler Market: Sales Value (in Billion US$), 2015 & 2020
Figure 77: United States: Electric Two-Wheeler Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 78: Canada: Electric Two-Wheeler Market: Sales Value (in Billion US$), 2015 & 2020
Figure 79: Canada: Electric Two-Wheeler Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 80: North America: Electric Two-Wheeler Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 81: Latin America: Electric Two-Wheeler Market: Sales Value (in Billion US$), 2015 & 2020
Figure 82: Brazil: Electric Two-Wheeler Market: Sales Value (in Billion US$), 2015 & 2020
Figure 83: Brazil: Electric Two-Wheeler Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 84: Mexico: Electric Two-Wheeler Market: Sales Value (in Billion US$), 2015 & 2020
Figure 85: Mexico: Electric Two-Wheeler Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 86: Others: Electric Two-Wheeler Market: Sales Value (in Billion US$), 2015 & 2020
Figure 87: Others: Electric Two-Wheeler Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 88: Latin America: Electric Two-Wheeler Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 89: Middle East and Africa: Electric Two-Wheeler Market: Sales Value (in Billion US$), 2015 & 2020
Figure 90: Turkey: Electric Two-Wheeler Market: Sales Value (in Billion US$), 2015 & 2020
Figure 91: Turkey: Electric Two-Wheeler Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 92: Saudi Arabia: Electric Two-Wheeler Market: Sales Value (in Billion US$), 2015 & 2020
Figure 93: Saudi Arabia: Electric Two-Wheeler Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 94: Egypt: Electric Two-Wheeler Market: Sales Value (in Billion US$), 2015 & 2020
Figure 95: Egypt: Electric Two-Wheeler Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 96: Others: Electric Two-Wheeler Market: Sales Value (in Billion US$), 2015 & 2020
Figure 97: Others: Electric Two-Wheeler Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 98: Middle East and Africa: Electric Two-Wheeler Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 99: Global: Electric Two-Wheeler Industry: SWOT Analysis
Figure 100: Global: Electric Two-Wheeler Industry: Value Chain Analysis
Figure 101: Global: Electric Two-Wheeler Industry: Porter’s Five Forces Analysis

List of Tables

Table 1: Global: Electric Two-Wheeler Market: Key Industry Highlights, 2020 and 2026
Table 2: Global: Electric Two-Wheeler Market Forecast: Breakup by Vehicle Type (in Billion US$), 2021-2026
Table 3: Global: Electric Two-Wheeler Market Forecast: Breakup by Battery Type (in Billion US$), 2021-2026
Table 4: Global: Electric Two-Wheeler Market Forecast: Breakup by Voltage Type (in Billion US$), 2021-2026
Table 5: Global: Electric Two-Wheeler Market Forecast: Breakup by Peak Power (in Billion US$), 2021-2026
Table 6: Global: Electric Two-Wheeler Market Forecast: Breakup by Battery Technology (in Billion US$), 2021-2026
Table 7: Global: Electric Two-Wheeler Market Forecast: Breakup by Motor Placement (in Billion US$), 2021-2026
Table 8: Global: Electric Two-Wheeler Market Forecast: Breakup by Region (in Billion US$), 2021-2026
Table 9: Global: Electric Two-Wheeler Market: Competitive Structure
Table 10: Global: Electric Two-Wheeler Market: Key Players

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