openPR Logo
Press release

ASEAN Electric Two-Wheeler Market 2020: By Key Players, Global Market Share, Forecast to 2026

02-26-2021 10:21 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Research

ASEAN electric two-wheelers market is projected to grow at a considerable CAGR during the forecast period (2019-2025). The factors that are propelling the growth of the market include rising government initiatives and incentives to increase the sale of electric vehicles. In February 2019, Indonesia announced a $4 billion Chinese-led project for the production of nickel laterite ore which is used in lithium batteries and this will attract EV production in the country. In addition, the Indonesian government also aimed to produce 20% of the total vehicle production to be the electric vehicle by 2025, which is around 400,000 vehicles.

(Get 15% Discount on Buying this Report)

Get Report Sample Copy @ https://www.omrglobal.com/request-sample/asean-electric-two-wheeler-market

Moreover, in November 2020, the Thailand Board of Investment (BOI) announced $1.1 billion for the investment in the deployment of electric vehicle production and also received a 90% reduction of import duties for battery cells. In 2020, the National Electric Vehicle Policy Committee (NEVPC) announced a roadmap to produce around 2.1 million EVs by 2036, in which Thailand aims to produce between 60,000 to 110,000 EVs yearly by 2022. Besides 100,000 to 300,000 EVs to produce yearly by 2025 and 400,000 to 750,000 EVs to produce by 2026. The benefit of the government will significantly drive the ASEAN electric two-wheeler industry.

A Full Report of ASEAN Electric Two-Wheeler Market is Available at: https://www.omrglobal.com/industry-reports/asean-electric-two-wheeler-market

Market Coverage

Market number available for – 2018-2025
Base year- 2018
Forecast period- 2019-2025
Segment Covered- By Product Type and By Battery Type
Region Covered- ASEAN
Competitive Landscape- Xiaomi, Inc., Bajaj Auto Ltd., Mitsubishi Motors Corp., BMW, Harley-Davidson, Inc., Honda Motor Co., Ltd., Segway Inc., and others.

ASEAN Electric Two-Wheelers Market Report Segment

By Product Type

Scooter
Motorcycle

By Battery Type

NiMH
Li-ion
Others

ASEAN Electric Two-Wheelers Market Countries Covered

Indonesia
Thailand
Malaysia
Singapore
Others

Reasons to Buying From us –

We cover more than 15 major industries, further segmented into more than 90 sectors.
More than 120 countries are for analysis.
Over 100+ paid data sources mined for investigation.
Our expert research analysts answer all your questions before and after purchasing your report.

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/asean-electric-two-wheeler-market

Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
Contact no: +91 780-304-0404

About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release ASEAN Electric Two-Wheeler Market 2020: By Key Players, Global Market Share, Forecast to 2026 here

News-ID: 2249190 • Views:

More Releases from Orion Market Research

Electric Three Wheeler Market Set to Witness Significant Growth by 2033 | Terra Motors Corporation, Kinetic Green Energy & Power Solutions Ltd.
Electric Three Wheeler Market Set to Witness Significant Growth by 2033 | Terra …
The Electric Three-Wheeler Market was valued at approximately USD 783 million in 2024, and is projected to reach USD 1,565.2 million by 2033, with an expected compound annual growth rate (CAGR) of 8% between 2025 and 2033. Electric Three Wheeler Market Overview The global Electric Three-Wheeler Market is rapidly expanding, driven by increasing demand for eco-friendly and cost-effective urban transport solutions. Favorable government incentives and strict emission norms are fueling
Complete Vacation Rental Software Market - Current Impact to Make Big Changes by 2033
Complete Vacation Rental Software Market - Current Impact to Make Big Changes by …
The Complete Vacation Rental Software Market was valued at approximately USD 1.4 billion in 2023 and is projected to reach around USD 4.9 billion by 2033, growing at a compound annual growth rate (CAGR) of 13.5% from 2024 to 2033. Complete Vacation Rental Software Market Overview The Complete Vacation Rental Software Market encompasses comprehensive platforms designed to streamline the management of vacation rental properties. These software solutions integrate various functionalities such
Cold-Pressed Canola Oil Market: A Guide to Understanding the Process
Cold-Pressed Canola Oil Market: A Guide to Understanding the Process
The Cold-Pressed Canola Oil Market was valued at approximately USD 1.5 billion in 2023 and is projected to reach around USD 2.8 billion by 2033, growing at a compound annual growth rate (CAGR) of 7% from 2025 to 2033. Cold-Pressed Canola Oil Market Overview The Cold-Pressed Canola Oil Market is experiencing significant growth, driven by increasing consumer demand for healthier and minimally processed food options. Cold-pressed canola oil is extracted through
Pregelatinized Starch Market Set to Witness Significant Growth by 2033 | Roquette Frères, Tate & Lyle PLC, Grain Processing Corporation
Pregelatinized Starch Market Set to Witness Significant Growth by 2033 | Roquett …
The global Pregelatinized Starch Market was valued at approximately USD 2.00 billion in 2024 and is expected to reach around USD 4.20 billion by 2033, reflecting a projected CAGR of about 4.6% from 2025 to 2033. Pregelatinized Starch Market Overview The Pregelatinized Starch Market is steadily expanding across diverse sectors like food and beverage, pharmaceuticals, cosmetics, and textiles. Its popularity stems from versatile functionality-such as instant cold-water solubility, binding, thickening, and

All 5 Releases


More Releases for ASEAN

Celebrating the China-ASEAN Year of Cultural Exchange, A Special Documentary Ser …
The documentary series "Dialogue with ASEAN" is set against the backdrop of the United Nations' 2030 Sustainable Development Agenda and the "Belt and Road Initiative." Through real-life cases and compelling personal stories, it showcases the successful outcomes of connectivity, cooperation, and mutual exchanges between China and ASEAN countries across five key areas: society, economy, ecology, technology, and humanities. Image: https://www.getnews.info/uploads/4483a1ae6174ae0c3ca9acef5c26e47f.jpg The upcoming special program of "Dialogue with ASEAN" (one episode, 45 minutes)
2024 China-ASEAN Youth Culture Week and the 7th China-ASEAN Youth Symposium Succ …
On March 31st, the 2024 China-ASEAN Youth Culture Week and the 7th China-ASEAN Youth Symposium, themed "Youth Practice in Mutual Learning and Exchange among Civilizations," were successfully concluded in Beijing. Over four days, more than a hundred youth delegates from China and ASEAN countries participated in a series of events including the opening ceremony, the launch of "I Show ASEAN": China-ASEAN Youth Story Collection, Roundtable Forums, Academic Sessions, Citywalk, Chine-ASEAN
The return of LED Expo Thailand + SMARTECH ASEAN 2022 opened the doors to Thaila …
Press Release New Delhi, October 2022 SUCCESS STORY OF LED EXPO THAILAND + SMARTECH ASEAN 2022 | THE PLATFORM WHICH BRINGS TOGETHER 'ENERGY EFFICIENCY AND DIGITALIZATION FOR SMART LIGHTING.' The return of LED Expo Thailand + SMARTECH ASEAN 2022 opened the doors to Thailand & ASEAN region's LED & Smart Lighting markets. After a hiatus of 2 years due to the pandemic, this show was an accurate move in Thailand's LED
ASEAN Automotive Insurance market
Astute Analytica published a new report on the ASEAN Automotive Insurance market, the research study offers analysis and detailed insights on key market dynamics including growth drivers, restraint factors, challenges, opportunity analysis, and trends. The research report also includes a detailed analysis of market segmentation, competitive landscape, market vendors, and estimated market size in qualitative and quantitative methods. The ASEAN Automotive Insurance market is anticipated to witness a remarkable growth at
ASEAN Automotive Insurance market |Indonesia Malaysia Philippines
Astute Analytica published a new report on the ASEAN Automotive Insurance market, the research study offers analysis and detailed insights on key market dynamics including growth drivers, restraint factors, challenges, opportunity analysis, and trends. The research report also includes a detailed analysis of market segmentation, competitive landscape, market vendors, and estimated market size in qualitative and quantitative methods. The ASEAN Automotive Insurance market is anticipated to witness a remarkable growth at
[PDF] ASEAN Automotive Aftermarket Market : New Incredible Transformations
What Is ASEAN Automotive Aftermarket? The automotive aftermarket is the automotive industry market which includes equipment, replacement tires, service repair, collision, repair and accessories, etc. Companies operated in automotive aftermarket are manufacturing, remanufacturing, retailing, distribution, and installation of replacement vehicle parts, automotive accessories, service repair, and equipment. The automotive aftermarket deals with oil and lubricants, batteries, tires, filters, starters and alternators, coatings and paint consumables, exhaust components, spark plugs, crash parts,