According to the latest report by IMARC Group titled, “<b>Electric Two-Wheeler Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025</b>”, the global electric two-wheeler market grew at a CAGR of nearly 10% during 2014-2019. Looking forward, the market is expected to continue its moderate growth during the next five years.
Electric two-wheelers include motorcycles, scooters, bicycles, or mopeds that operate on battery-based electronic motors. They are light weight vehicles that consist of removable or replaceable batteries, which can be charged easily with electrical outlets.
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<strong>Market Trends</strong>
The global electric two-wheeler market is primarily driven by the growing awareness among consumers about various economic and ecological benefits of electric vehicles. Electric two-wheelers have gained immense popularity as an eco-friendly alternative to gasoline-powered vehicles for both regular commute and recreational activities. Besides this, the increasing pollution levels from fuel-based automobiles have encouraged the governments of various countries to implement stringent regulatory norms to adopt clean energy as an alternative to crude oil dependence. As a result, there has been a heightened demand for electric two-wheelers, which help reduce greenhouse gas emissions. Furthermore, a significant increase in the fuel rates and depleting fossil fuels resources, like petrol and diesel, have also boosted the sales of electric two-wheelers.
<strong>View Report TOC, Figures and Tables: </strong><a href="https://www.imarcgroup.com/electric-two-wheeler-market">https://www.imarcgroup.com/electric-two-wheeler-market</a>
<strong>Insights on Market Segmentation:</strong>
<strong>Market Breakup by Vehicle Type:</strong>
Electric Scooter/Moped
Electric Motorcycle
<strong>Market Breakup by Battery Type:</strong>
Lithium-Ion
Sealed Lead Acid (SLA)
<strong>Market Breakup by Voltage Type:</strong>
<48V
48-60V
61-72V
73-96V
>96V
<strong>Market Breakup by Peak Power:</strong>
<3 kW
3-6 kW
7-10 kW
>10 kW
<strong>Market Breakup by Battery Technology:</strong>
Removable
Non-Removable
<strong>Market Breakup by Motor Placement:</strong>
Hub Type
Chassis Mounted
<strong>Market Breakup by Region:</strong>
Asia Pacific
Europe
North America
Latin America
Middle East and Africa
<strong>About Us</strong>
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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.
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