The global electric two-wheeler market exhibited strong growth during 2015-2020. Looking forward, the market expects to grow at a CAGR of around 10% during 2021-2026, according to the latest report by IMARC Group.

Electric two-wheelers are self-propelling automobiles that are designed to operate on battery-based electric motors. These vehicles include motorcycles, mopeds and scooters that are widely used by individuals for covering short distances in a versatile manner as they assist in easily maneuvering through congested roads. They are commonly associated with zero carbon emissions, compact design, improved affordability and enhanced fuel efficiency. Apart from this, these two-wheelers are also characterized by several operational benefits and low maintenance costs. As a result, they are gaining widespread popularity as efficient and eco-friendly alternatives to gasoline-powered vehicles.

Get a PDF Sample for more detailed market insights: https://www.imarcgroup.com/electric-two-wheeler-market/requestsample

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Global Electric Two-Wheeler Market Trends:

The global market is primarily driven by the increasing demand for eco-friendly personal vehicles among the masses. The growing environmental concerns regarding the increasing pollution levels due to the widespread utilization fuel-based automobiles across the globe has contributed to the rising awareness toward the economic and ecological benefits of adopting electric vehicles. These vehicles are commonly powered by unconventional power sources, such as rechargeable batteries or solar panels, thereby encouraging individuals to opt for these eco-friendly alternatives. The market is further driven by the numerous favorable initiatives undertaken by the governments of several countries to promote the use of electric vehicles in an attempt to reduce the increasingCOemission levels. Multiple governments are now offering tax rebates and subsidies upon purchasing electric vehicles, which is acting as another major growth-inducing factor. Besides this, these two-wheelers are widely utilized by e-commerce companies for providing postal and delivery servicesin a quick and convenient manner. Some of the other factors contributing to the market growth include the high depletion rates of petrol and diesel and the continuous up gradation of electric vehicle (EV) charging infrastructures.

Ask Analyst for Customization and Explore Full Report with TOC & List of Figure: https://www.imarcgroup.com/electric-two-wheeler-market

Global Electric Two-Wheeler Market Coverage and Segmentation 2021-2026:

Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

Some of these key players include:

  • 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

If you want latest primary and secondary data (2021-2026) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.

Browse related reports:

US E-Bike Market Share: https://www.imarcgroup.com/united-states-e-bike-market

Bulldozer Market Share: https://www.imarcgroup.com/bulldozer-market

Automotive Wiring Harness Market Share: https://www.imarcgroup.com/automotive-wiring-harness-market

Anti-Lock Braking System (ABS) Market Share: https://www.imarcgroup.com/anti-lock-braking-system-market

All-terrain Vehicle Market Share: https://www.imarcgroup.com/all-terrain-vehicle-market

Hybrid Electric Vehicle Market Share: https://www.imarcgroup.com/hybrid-electric-vehicle-market

Automotive Infotainment Market Share: https://www.imarcgroup.com/automotive-infotainment-market

India Electric Vehicle Battery Market: https://www.imarcgroup.com/india-electric-vehicle-battery-market

Baby Car Seat Market: https://www.imarcgroup.com/baby-car-seat-market

Bulldozer Market: https://www.imarcgroup.com/bulldozer-market

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Tags: Electric Two-Wheeler Market Share,  Global Electric Two-Wheeler Market

See Campaign: https://www.imarcgroup.com
Contact Information:
IMARC Group 30 N Gould St Ste R Sheridan, WY 82801 USA – Wyoming Email: [email protected] Tel No:(D) +91 120 433 0800 Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800

Tags:
Reportedtimes, Menafn, IPS, PR-Wirein, iCN Internal Distribution, Research Newswire, English