Press release
India Electric Two Wheeler Market Size to Cross around USD 750 Million by 2025 – Arizton
The electric two-wheeler market in India is expected to grow at a CAGR of over 44% during the period 2019–2025.The electric two wheeler market in India is emerging on account of increased government policies supporting battery-powered vehicles, the growing awareness toward the environment, increasing petrol prices, and stringent emission norms. The Government of India has taken several initiatives to boost the sale in the two-wheeler EV market in India, including two-wheelers. In 2013, with the launch of the National Electric Mobility Mission Plan 2020, which aims to increase the adoption and manufacturing of EV in India (FAME India), around 90% of the vehicles that availed incentives, were battery-powered two-wheelers.
The following factors are likely to contribute to the growth of the electric two-wheeler market during the forecast period:
• Government-Industry Collaboration
• Increase in Affordability
• Increase in Government Initiatives
• Growth in Environmental Awareness
The study considers the present scenario of the electric two-wheeler market and its market dynamics for the period 2019−2025. It covers a detailed overview of several market growth enablers, restraints, and trends. The study offers both the demand and supply aspects of the market. It profiles and examines leading companies and other prominent companies operating in the market.
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India Electric Two Wheeler Market – Vendor Profiles
Prominent Vendors
• Bajaj Auto
• Okinawa
• Menza Motors
• Lohia
Other Vendors
• Ather Energy
• Hero Electric
• BattRe Electric Mobility
• Avon Cycles
• Ultraviolette
• YoBykes
• Avera
• Crayon Motors
• Techo Electra
• Goreen e-mobility
• M2GO
• Evolet
• Raftaar
• Palatino
• Komaki
• SuperEco
• Yukie
• Ampere Vehicles
• 22 Kymco
India Electric Two Wheeler Market – Segmentation
Market Segmentation by Technology
• Removable
• Non-removable
Market Segmentation by Battery
• Lithium-ion
• Lead Acid
Market Segmentation by Vehicle
• Scooters
• Motorcycles
Market Segmentation by Voltage
• 48V
• 60V
• 72V& Above
Market Segmentation by Speed
• High
• Low
Market Segmentation by Geography
• India
• Eastern
• Bihar
• Odisha
• West Bengal
• Assam
• Others
• Western
• Gujrat
• Maharashtra
• Rajasthan
• Madhya Pradesh
• Others
• Northern
• Uttar Pradesh
• Haryana
• Delhi
• Uttarakhand
• Others
• Southern
• Karnataka
• Tamil Nadu
• Kerala
• Telangana
• Andhra Pradesh
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India Electric Two Wheeler Market – Table of Contents
1 Research Methodology
2 Research Objectives
3 Research Process
4 Scope & Coverage
4.1 Market Definition
4.1.1 Inclusions
4.1.2 Exclusions
4.2 Base Year
4.3 Scope of The Study
4.4 Market Segments
4.4.1 Market Segmentation by Battery
4.4.2 Market Segmentation by Vehicle
4.4.3 Market Segmentation by Technology
4.4.4 Market Segmentation by Speed
4.4.5 Market Segmentation by Voltage
4.4.6 Market Segmentation by Geography
5 Report Assumptions & Caveats
5.1 Key Caveats
5.2 Currency Conversion
5.3 Market Derivation
6 Market at a Glance
7 Introduction
7.1 Overview
7.2 Scooters and Motorcycles
7.3 Electric Batteries
7.4 Key Insights
7.4.1 Market Developments
7.4.2 Battery Technology
7.4.3 Voltage Type
7.4.4 Speed Type
7.5 Fame I Scheme in India
7.6 Fame Ii Scheme in India
7.7 COVID-19 IMPACT
8 Market Opportunities & Trends
8.1 Government-Industry Collaboration
8.2 Advances in Technology
8.3 Increased Affordability
9 Market Growth Enablers
9.1 Increase in Government Initiatives
9.2 Increase in Environmental Awareness
10 Market Restraints
10.1 Higher Acquisition Cost of Electric Two-Wheeler
10.2 Shortage of Charging Infrastructure
10.3 Consumer Acceptability of Electric Two-Wheeler
11 Market Landscape
11.1 Market Overview
11.2 Market Size & Forecast (Value)
11.3 Market Size & Forecast (Volume)
11.4 Five Forces Analysis
11.4.1 Threat of New Entrants
11.4.2 Bargaining Power of Suppliers
11.4.3 Bargaining Power of Buyers
11.4.4 Threat of Substitutes
11.4.5 Competitive Rivalry
12 Battery Segmentation
12.1 Market Snapshot & Growth Engine (Value)
12.2 Market Snapshot & Growth Engine (Volume)
12.3 Market Overview
12.4 Lead-Acid Batteries
12.4.1 Market Overview
12.4.2 Market Size & Forecast (Value)
12.4.3 Market Size & Forecast (Volume)
12.5 Lithium-Ion Batteries
12.5.1 Market Overview
12.5.2 Importing of Complete Battery Systems
12.5.3 Importing and Assembling
12.5.4 Market Size & Forecast (Value)
12.5.5 Market Size & Forecast (Volume)
13 Vehicle Segmentation
13.1 Market Snapshot & Growth Engine (Value)
13.2 Market Snapshot & Growth Engine (Volume)
13.3 Market Overview
13.4 Electric Scooter
13.4.1 Market Overview
13.4.2 Market Size & Forecast (Value)
13.4.3 Market Size & Forecast (Volume)
13.5 Electric Motorcycles
13.5.1 Market Overview
13.5.2 Market Size & Forecast (Value)
13.5.3 Market Size & Forecast (Volume)
14 Technology Segmentation
14.1 Market Snapshot & Growth Engine (Volume)
14.2 Market Overview
14.3 Removable Battery
14.3.1 Market Overview
14.3.2 Market Size & Forecast (Volume)
14.4 Non-Removable Battery
14.4.1 Market Overview
14.4.2 Market Size & Forecast (Volume)
15 Speed Segmentation
15.1 Market Snapshot & Growth Engine (Volume)
15.2 Market Overview
15.3 Low Speed
15.3.1 Market Overview
15.3.2 Market Size & Forecast (Volume)
15.4 High Speed
15.4.1 Market Overview
15.4.2 Market Size & Forecast (Volume)
16 Voltage Segmentation
16.1 Market Snapshot & Growth Engine (Volume)
16.2 Market Overview
16.3 48V
16.3.1 Market Overview
16.3.2 Market Size & Forecast (Volume)
16.4 60V
16.4.1 Market Overview
16.4.2 Market Size & Forecast (Volume)
16.5 72V & ABOVE
16.5.1 Market Overview
16.5.2 Market Size & Forecast (Volume)
17 Geography
17.1 Market Snapshot & Growth Engine (Value)
17.2 Market Snapshot & Growth Engine (Volume)
17.3 Geographic Overview
18 Northern India
18.1 Market Overview
18.2 Market Size & Forecast (Value)
18.3 Market Size & Forecast (Volume)
18.4 Battery Type
18.4.1 Market Size & Forecast (Volume)
18.5 Vehicle Type
18.5.1 Market Size & Forecast (Volume)
18.6 Key States
18.6.1 Uttar Pradesh: Market Size & Forecast (Volume)
18.6.2 Haryana: Market Size & Forecast (Volume)
18.6.3 Delhi: Market Size & Forecast (Volume)
18.6.4 Uttarakhand: Market Size & Forecast (Volume)
18.6.5 Others: Market Size & Forecast (Volume)
19 Western India
19.1 Market Overview
19.2 Market Size & Forecast (Value)
19.3 Market Size & Forecast (Volume)
19.4 Battery Type
19.4.1 Market Size & Forecast (Volume)
19.5 Vehicle Type
19.5.1 Market Size & Forecast (Volume)
19.6 Key States
19.6.1 Maharashtra: Market Size & Forecast (Volume)
19.6.2 Gujarat: Market Size & Forecast (Volume)
19.6.3 Rajasthan: Market Size & Forecast (Volume)
19.6.4 Madhya Pradesh: Market Size & Forecast (Volume)
19.6.5 Others: Market Size & Forecast (Volume)
20 Southern India
20.1 Market Overview
20.2 Market Size & Forecast (Value)
20.3 Market Size & Forecast (Volume)
20.4 Battery Type
20.4.1 Market Size & Forecast (Volume)
20.5 Vehicle Type
20.5.1 Market Size & Forecast (Volume)
20.6 Key States
20.6.1 Tamil Nadu: Market Size & Forecast (Volume)
20.6.2 Andhra Pradesh: Market Size & Forecast (Volume)
20.6.3 Kerala: Market Size & Forecast (Volume)
20.6.4 Karnataka: Market Size & Forecast (Volume)
20.6.5 Telangana: Market Size & Forecast (Volume)
21 Eastern India
21.1 Market Overview
21.2 Market Size & Forecast (Value)
21.3 Market Size & Forecast (Volume)
21.4 Battery Type
21.4.1 Market Size & Forecast (Volume)
21.5 Vehicle Type
21.5.1 Market Size & Forecast (Volume)
21.6 Key States
21.6.1 West Bengal: Market Size & Forecast (Volume)
21.6.2 Odisha: Market Size & Forecast (Volume)
21.6.3 Bihar: Market Size & Forecast (Volume)
21.6.4 Assam: Market Size & Forecast (Volume)
21.6.5 Others: Market Size & Forecast (Volume)
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About Arizton Advisory & Intelligence
Arizton Advisory and Intelligence is an innovation and quality-driven firm, which offers cutting-edge research solutions to clients across the world. We excel in providing comprehensive market intelligence reports and advisory and consulting services.
Arizton has gained a paramount standpoint in the market research arena as it offers top of the line solutions to clients to assess market landscape and to finalize fool proof business strategies. We are committed to provide inclusive market research reports and consulting services to clients from diversified industries including –Consumer Goods & Retail Technology, Automotive and Mobility, Smart Tech, Healthcare and Lifesciences, Industrial Machinery, Chemicals and Materials, IT and Media, Logistics and Packaging
Arizton comprises a team of exuberant and well-experienced analysts who have mastered in generating incisive reports. Our specialist analysts possess exemplary skills in market research. We train our team in advanced research practices, techniques, and ethics to outperform in fabricating impregnable research reports.
Arizton Advisory & Intelligence
Chicago, Illinois, 60605
Mail: enquiry@arizton.com
Call: +1-312-235-2040/+1 302 469 0707
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