Electric Two Wheeler Market is Booming Worldwide | Honda, KTM, Suzuki
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Scope of the Report of Electric Two Wheeler
Electric Two Wheelers are plug-in electric vehicles with two or three wheels. The electricity is stored on board in a rechargeable battery, which drives one or more electric motors. Electric two wheelers with an integrated electric motor drive mechanism and battery, which produces power for causing or assisting propulsion. Electric two wheelers are a flexible, versatile, eco-friendly, and trendy mode of transport. These two wheelers help tackle traffic congestion, owing to the smaller size of e-bikes, attain higher speed with lesser effort, and health benefits attained with peddling. These factors lead to rise in popularity of electric two wheelers across the globe. The Asia Pacific electric two wheeler market is the fastest growing market due to the government initiatives and growing high-performance E-Motorcycle segment.
The titled segments and sub-section of the market are illuminated below:
by Type (Scooter, Motorcycle), Application (Individual User, Racing, Long Commute, E-Commerce Delivery, Last Mile Connectivity, Hyperlocal Delivery Model, Ride-Hailing, Others), Power Source (Fuel Cell, Battery Swapping, Hybrid), Range (Km) (30-40 Km, 50-100 Km, 110-200 Km, 200-250 Km), Battery Type (SLA, Lithium Ion Phosphate, Lead Acid, Nickel Metal Hydride (NiMH), Others)
Rise in Popularity of Ride-sharing System
Emergence of Hybrid Electric Two Wheeler
Growing Support from Government Bodies of Different Countries is Expected to Create Opportunities for the Market
Increasing Prices of Petroleum Products is Driving the Electric Two Wheeler Market
Low Operating and Maintenance Costs of Electric Scooters and Motorcycles is Driving the Market Forward
Latest Market Insights:
In April 2020 GOVECS Group had announced the acquisition of LiveCycle. The acquisition not only provides a nationwide service network and enhanced expertise, but it also helps to sustainably support the e-scooter market's significant growth in the private customer segment. The growing demand in conurbations such as Hamburg, Frankfurt, and Cologne can now be addressed, in addition to Munich, Berlin, and Stuttgart.
In January 2022 Hero Electric and Mahindra & Mahindra had announced their strategic partnership to cater the growing demand of EVs in India. As part of the Collaboration Mahindra Group will produce Hero Electric's most popular electric bikes, the Optima and NYX, at their Pitampur plant to cater market demand. The collaborative development efforts will also play a vital role in the development of the platform strategy to assist electrify Peugeot Motorcycles range. In this dynamic, fast-growing global EV market, this is expected to provide significant value to both parties by optimising costs, deadlines, and shared expertise.
Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa
Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc.
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Strategic Points Covered in Table of Content of Global Electric Two Wheeler Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Electric Two Wheeler market
Chapter 2: Exclusive Summary - the basic information of the Electric Two Wheeler Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges & Opportunities of the Electric Two Wheeler
Chapter 4: Presenting the Electric Two Wheeler Market Factor Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End User and Region/Country 2015-2020
Chapter 6: Evaluating the leading manufacturers of the Electric Two Wheeler market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these various regions (2021-2027)
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source
finally, Electric Two Wheeler Market is a valuable source of guidance for individuals and companies.
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