세계의 전기 이륜차 시장 : 차량 유형(전동 스쿠터, 모페드, 전기 오토바이), 전압 유형, 모터 유형(허브모터, 미드 드라이브), 배터리 유형(리튬 이온, 납축전지), 모터 출력, 기술별(배터리, 플러그인), 차량 등급, 용도, 지역별(-2032년)

The electric two wheeler market is projected to grow from USD 4.78 billion in 2025 to USD 9.71 billion by 2032 at a CAGR of 10.6%. In India and Southeast Asia, localized battery pack assembly and cell-to-pack (CTP) designs are being adopted to improve the cost-per-kWh efficiency of mass-market scooters.

Shared mobility and delivery operators are providing real-time usage data to OEMs, influencing next-generation vehicle designs focused on durability, thermal endurance, and ease of maintenance. Electric motorcycles are now being engineered for sustained power delivery rather than short bursts, reflecting a shift toward continuous performance optimization. As a result, competitive differentiation is moving from mechanical hardware to intelligent systems, including ride modes, traction control algorithms, and energy management software.

Hub motors are expected to dominate the electric two wheeler market during the forecast period.

Hub motors are expected to dominate the electric two wheeler market due to their simple construction and low maintenance requirements. Integrated directly into the wheel hub, they eliminate chains, belts, and gearboxes, reducing mechanical complexity, weight, and service costs. Their compact design enables lighter and more ergonomic vehicles to be an essential advantage for urban commuters and delivery fleets. Hub motors also provide efficient regenerative braking and improved energy utilization, enhancing range and overall ride efficiency. With battery prices declining and energy density improving, hub motor-based vehicles are becoming more cost-effective to produce and easier to scale for mass markets. The growing importance of shared mobility and fleet operations further supports hub motor adoption, as reliability and low upkeep outweigh the need for peak performance. Aligning with the global shift toward urban electrification, hub motor architecture offers OEMs an optimal balance of cost, simplicity, and scalability. In August 2025, Ola Electric (India) introduced an in-house hub motor utilizing ferrite (rare-earth-free) magnets, thereby reducing its dependence on imported rare-earth materials and strengthening local manufacturing capabilities.

The commercial usage segment is expected to grow at the fastest rate in the electric two wheeler market during the forecast period.

The commercial usage of electric scooters and motorcycles, including delivery fleets, ride-share services, and last-mile logistics, is expected to grow at the fastest rate in the electric two wheeler market as operators focus on lowering lifecycle costs, improving operational efficiency, and ensuring rapid fleet turnover. Electric two-wheelers deliver substantial savings in fuel and maintenance compared to internal combustion models, making them ideal for high-utilization fleets. With the rapid growth of e-commerce and food delivery, many companies are transitioning their entire fleets to electric models to meet sustainability goals and comply with stricter urban emission norms. These commercial operations also benefit from predictable routes and usage patterns, enabling easier deployment and financing of electric vehicles at scale. In response, OEMs are developing rugged, cargo-capable electric scooters and motorcycles, supported by battery swapping and dedicated charging networks tailored for fleet operations. For instance, in May 2025, Komaki launched the CAT 2.0 Eco, an electric scooter designed for last-mile delivery and utility applications. It features a lithium-ion battery offering a range of 110-120 km per charge and is powered by a BLDC motor capable of reaching a top speed of 55 km/h. Once commercial adoption reaches scale, the resulting cost efficiencies and infrastructure development are likely to extend into the consumer market, driving broader industry growth.

"The Asia Pacific electric two wheeler market is mainly driven by India."

India's vast two-wheeler market, driven by strong replacement demand and rapid urbanization, presents a highly favorable environment for electrification in the scooter & motorcycle sector in the Asia Pacific region. Government initiatives such as the FAME II scheme, state-level subsidies, and the national target of achieving 30% EV penetration by 2030 have significantly lowered upfront costs and accelerated adoption. The steady decline in lithium-ion battery prices is further enhancing the cost competitiveness of electric two-wheelers compared to ICE models. Leading domestic OEMs and startups, including Ola Electric, Ather Energy, and Hero MotoCorp, are actively expanding their electric portfolios while strengthening local manufacturing, distribution, and service networks. India's dense urban traffic, short daily commutes, and high fuel prices make electric two-wheelers particularly attractive from a total cost-of-ownership perspective. The shift toward electrification is also supported by the country's environmental and energy-security goals, aligning market forces, policy direction, and consumer demand. Reflecting this momentum, electric two-wheeler sales in India reached approximately 1.15 million units in FY24. Infrastructure development is keeping pace, with players such as Ather Energy planning to double their retail presence to 700 outlets nationwide by March 2026.

In-depth interviews were conducted with CEOs, marketing directors, other innovation and technology directors, and executives from various key organizations operating in this market.

• By Company Type: OEMs - 30%, Tier I - 30%, and Tier II - 40%
• By Designation: CXOs - 35%, Directors - 20%, and Others - 45%
• By Region: North America - 15%, Europe - 15%, Asia Pacific - 70%

The electric two wheeler market is dominated by major players, including Ola Electric (India), Bajaj Auto Ltd. (India), TVS Motor Company (India), Ather Energy (India), and Yadea Technology Group Co., Ltd. (China). These companies have adopted a mix of organic and inorganic growth strategies, such as product launches, strategic partnerships, joint ventures, mergers & acquisitions, and expansion of production facilities, to strengthen their international footprint and capture a larger market share. Through these strategies, they have expanded across regions by offering a diverse portfolio of electric two-wheelers tailored to local market needs, featuring advanced battery technologies, connected mobility solutions, and competitive pricing to attract a wider customer base.

Research Coverage:

This research report categorizes the electric two wheeler market by vehicle type (E-scooter/moped, e-motorcycle), voltage type (36V, 48V, 60V, 72V, above 72V), motor type (hub and mid-drive), battery (Li-ion and lead acid), motor power, distance covered, technology, vehicle class, usage, and region. It covers the competitive landscape and profiles of the major players of the electric two wheeler market.

The study also includes an in-depth competitive analysis of the key market players, along with their company profiles, key observations related to product and business offerings, recent developments, and key market strategies.

Key Benefits of Buying the Report:

• The report will help market leaders/new entrants with information on the closest approximations of revenue numbers for the overall electric two wheeler market and its subsegments.
• This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies.
• The report will also help stakeholders understand the market pulse and provide information on key market drivers, restraints, challenges, and opportunities.

The report provides insight into the following pointers:

• Analysis of key drivers (fleet electrification for urban and commercial mobility, partnerships with fleet operators, and technological evolution in battery systems) restraints (charging infrastructure gaps and range performance constraints, and battery heating problems and long charging times), opportunities (lightweight design and shared vehicle architecture innovation, transition to modular and swappable energy platforms, and software ecosystem development and digital value chain expansion), and challenges (reliability of thermal and power electronics in urban operating conditions, and lack of standardization in battery communication and swapping protocols)
• Product Development/Innovation: Detailed insights into upcoming technologies and research & development activities in the electric two wheeler market
• Market Development: Comprehensive information about lucrative markets (the report analyzes the electric two wheeler market across varied regions)
• Market Diversification: Exhaustive information about untapped geographies, recent developments, and investments in the electric two wheeler market
• Competitive Assessment: In-depth assessment of market share, growth strategies, and product offerings of leading players such as Ola Electric (India), Bajaj Auto Ltd. (India), TVS Motor Company (India), Ather Energy (India), and Yadea Technology Group Co., Ltd. (China) in the electric two wheeler market

TABLE OF CONTENTS

1 INTRODUCTION

• 1.1 STUDY OBJECTIVES
• 1.2 MARKET DEFINITION
  • 1.2.1 INCLUSIONS AND EXCLUSIONS
• 1.3 STUDY SCOPE
  • 1.3.1 YEARS CONSIDERED
• 1.4 CURRENCY CONSIDERED
• 1.5 UNITS CONSIDERED
• 1.6 STAKEHOLDERS
• 1.7 SUMMARY OF CHANGES

2 RESEARCH METHODOLOGY

• 2.1 RESEARCH DATA
  • 2.1.1 SECONDARY DATA
    • 2.1.1.1 List of secondary sources
    • 2.1.1.2 Key data from secondary sources
  • 2.1.2 PRIMARY DATA
    • 2.1.2.1 Primary participants
    • 2.1.2.2 Key industry insights and breakdown of primary interviews
    • 2.1.2.3 Breakdown of primary interviews
    • 2.1.2.4 List of primary interview participants
• 2.2 MARKET SIZE ESTIMATION
  • 2.2.1 BOTTOM-UP APPROACH
  • 2.2.2 TOP-DOWN APPROACH
• 2.3 DATA TRIANGULATION
• 2.4 FACTOR ANALYSIS
• 2.5 RESEARCH ASSUMPTIONS
• 2.6 RESEARCH LIMITATIONS
• 2.7 RISK ASSESSMENT

3 EXECUTIVE SUMMARY

• 3.1 KEY INSIGHTS AND MARKET HIGHLIGHTS
• 3.2 KEY MARKET PARTICIPANTS: SHARE INSIGHTS AND STRATEGIC DEVELOPMENTS
• 3.3 DISRUPTIVE TRENDS SHAPING MARKET
• 3.4 HIGH-GROWTH SEGMENTS AND EMERGING FRONTIERS
• 3.5 GLOBAL MARKET SIZE, GROWTH RATE, AND FORECAST

4 PREMIUM INSIGHTS

• 4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN ELECTRIC TWO WHEELER MARKET
• 4.2 ELECTRIC TWO WHEELER MARKET, BY REGION
• 4.3 ELECTRIC TWO WHEELER MARKET, BY VEHICLE TYPE
• 4.4 ELECTRIC TWO WHEELER MARKET, BY BATTERY TYPE
• 4.5 ELECTRIC TWO WHEELER MARKET, BY DISTANCE COVERED
• 4.6 ELECTRIC TWO WHEELER MARKET, BY MOTOR TYPE
• 4.7 ELECTRIC TWO WHEELER MARKET, BY USAGE
• 4.8 ELECTRIC TWO WHEELER MARKET, BY VEHICLE CLASS
• 4.9 ELECTRIC TWO WHEELER MARKET, BY TECHNOLOGY TYPE
• 4.10 ELECTRIC TWO WHEELER MARKET, BY MOTOR POWER
• 4.11 ELECTRIC TWO WHEELER MARKET, BY VOLTAGE TYPE

5 MARKET OVERVIEW

• 5.1 INTRODUCTION
• 5.2 MARKET DYNAMICS
  • 5.2.1 DRIVERS
    • 5.2.1.1 Fleet electrification for urban and commercial mobility
    • 5.2.1.2 Advancements in battery systems
    • 5.2.1.3 Collaborations between OEMs, electric two wheeler manufacturers, and fleet operators
  • 5.2.2 RESTRAINTS
    • 5.2.2.1 Charging infrastructure gaps in many emerging economies and range performance issues
    • 5.2.2.2 Battery heating problems and long charging times
  • 5.2.3 OPPORTUNITIES
    • 5.2.3.1 Lightweight design and shared vehicle architecture innovation
    • 5.2.3.2 Transition to modular and swappable energy platforms
    • 5.2.3.3 Software ecosystem development and digital value chain expansion
  • 5.2.4 CHALLENGES
    • 5.2.4.1 Reliability of thermal and power electronics in urban operating conditions
    • 5.2.4.2 Lack of standardization in battery communication and swapping protocols
• 5.3 UNMET NEEDS AND WHITE SPACES
  • 5.3.1 UNMET NEEDS IN ELECTRIC TWO WHEELER MARKET
  • 5.3.2 WHITE SPACE OPPORTUNITIES
• 5.4 INTERCONNECTED MARKETS AND CROSS-SECTOR OPPORTUNITIES
  • 5.4.1 INTERCONNECTED MARKETS
  • 5.4.2 CROSS-SECTOR OPPORTUNITIES
• 5.5 STRATEGIC MOVES BY TIER 1/2/3 PLAYERS
  • 5.5.1 STRATEGIC MOVES BY TIER 1/2/3 PLAYERS
• 5.6 PATENT ANALYSIS
• 5.7 IMPACT OF GENERATIVE AI ON ELECTRIC TWO WHEELER MARKET
  • 5.7.1 PRODUCT DESIGN AND DEVELOPMENT OPTIMIZATION
  • 5.7.2 INTELLIGENT MANUFACTURING AND SUPPLY CHAIN EFFICIENCY
  • 5.7.3 PERSONALIZATION AND USER EXPERIENCE ENHANCEMENT
  • 5.7.4 ADVANCED BATTERY MANAGEMENT AND ENERGY OPTIMIZATION
• 5.8 ACOUSTIC VEHICLE ALERTING SYSTEM (AVAS) IN ELECTRIC 2-WHEELERS
  • 5.8.1 REGULATORY FRAMEWORK AND MANDATES
  • 5.8.2 AVAS INTEGRATION IN ELECTRIC TWO WHEELERS
  • 5.8.3 COMPONENT ARCHITECTURE AND DESIGN TRENDS
    • 5.8.3.1 Typical setup
    • 5.8.3.2 Design trends
  • 5.8.4 FUTURE ADVANCEMENTS IN SOUND SIGNATURE AND SMART AVAS
    • 5.8.4.1 Dynamic sound profiles
    • 5.8.4.2 Psychoacoustic tuning
• 5.9 EMERGING BUSINESS MODELS IN ELECTRIC TWO WHEELER MARKET
  • 5.9.1 SUBSCRIPTION-BASED AND LEASING MODELS
  • 5.9.2 BATTERY SWAPPING AND ENERGY-AS-A-SERVICE (EAAS)
  • 5.9.3 SHARED MOBILITY AND FLEET ELECTRIFICATION
  • 5.9.4 BATTERY-AS-A-SERVICE (BAAS)
  • 5.9.5 DIGITAL SERVICE MONETIZATION
• 5.10 KEY EMERGING TECHNOLOGIES
  • 5.10.1 INTEGRATED POWERTRAIN MODULES
  • 5.10.2 SOLID-STATE BATTERY (SSB)
  • 5.10.3 SMART CHARGING SYSTEMS
• 5.11 COMPLEMENTARY TECHNOLOGIES
  • 5.11.1 BATTERY SWAPPING IN ELECTRIC SCOOTERS
  • 5.11.2 INTERNET OF THINGS IN ELECTRIC TWO WHEELERS
  • 5.11.3 SHARED MOBILITY
  • 5.11.4 BATTERY-RELATED SERVICES
  • 5.11.5 VEHICLE INTELLIGENCE & CONNECTIVITY STACK
• 5.12 TECHNOLOGY/PRODUCT ROADMAP
  • 5.12.1 SHORT-TERM (2025-2027) | FOUNDATION AND EARLY COMMERCIALIZATION
  • 5.12.2 MID-TERM (2028-2030) | EXPANSION AND STANDARDIZATION
  • 5.12.3 LONG-TERM (2031-2035+) | MASS COMMERCIALIZATION & DISRUPTION
• 5.13 BILL OF MATERIALS
• 5.14 TOTAL COST OF OWNERSHIP
• 5.15 OEM ANALYSIS
  • 5.15.1 PRODUCTION CAPACITY OF KEY OEMS
  • 5.15.2 TECHNOLOGICAL DEVELOPMENTS
    • 5.15.2.1 Honda
    • 5.15.2.2 Yamaha
    • 5.15.2.3 BMW Motorrad
    • 5.15.2.4 Piaggio Group (Vespa/Piaggio)
    • 5.15.2.5 Ather Energy
    • 5.15.2.6 Ola Electric
    • 5.15.2.7 NIU (China/Global)
  • 5.15.3 COMPARATIVE ANALYSIS OF MOTOR POWER AND VEHICLE RANGE ACROSS VOLTAGE LEVEL
• 5.16 FUTURE APPLICATIONS IN ELECTRIC TWO WHEELER ECOSYSTEM
  • 5.16.1 BATTERY INNOVATIONS AND ENERGY STORAGE SYSTEMS
    • 5.16.1.1 Solid-state and semi-solid batteries
    • 5.16.1.2 Fast charging and smart charging infrastructure
    • 5.16.1.3 Battery management systems
    • 5.16.1.4 Second-life & recycling
  • 5.16.2 SMART/ADAPTIVE RIDE MODES AND AI
    • 5.16.2.1 Personalized ride modes
    • 5.16.2.2 Terrain and traffic adaptation
  • 5.16.3 ADVANCED RIDER/VEHICLE SAFETY SYSTEMS
    • 5.16.3.1 AI-based collision avoidance
    • 5.16.3.2 Connected helmets & wearables
    • 5.16.3.3 Blind-spot monitoring & alerts
  • 5.16.4 ADVANCED RIDER/VEHICLE SAFETY SYSTEMS
    • 5.16.4.1 Valet parking & remote summon
    • 5.16.4.2 Self-balancing & self-righting concepts
    • 5.16.4.3 Convoy/Ride-following modes
• 5.17 MACROECONOMICS INDICATORS
  • 5.17.1 INTRODUCTION
  • 5.17.2 GDP TRENDS AND FORECAST
  • 5.17.3 TRENDS IN GLOBAL TWO WHEELER INDUSTRY (INTERNAL COMBUSTION ENGINE AND ELECTRIC VEHICLES)
  • 5.17.4 TRENDS IN GLOBAL AUTOMOTIVE & TRANSPORTATION INDUSTRY
• 5.18 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS
• 5.19 PRICING ANALYSIS
  • 5.19.1 AVERAGE SELLING PRICE TREND, BY VEHICLE TYPE, 2022-2024
  • 5.19.2 AVERAGE SELLING PRICE FOR VEHICLE TYPES BY KEY PLAYERS, 2024
  • 5.19.3 AVERAGE SELLING PRICE TREND, BY REGION, 2022-2024
• 5.20 ECOSYSTEM ANALYSIS
  • 5.20.1 RAW MATERIAL SUPPLIERS
  • 5.20.2 COMPONENT SUPPLIERS
  • 5.20.3 BATTERY PACK MANUFACTURERS/SUPPLIERS
  • 5.20.4 CHARGING INFRASTRUCTURE PROVIDERS
  • 5.20.5 ELECTRIC SCOOTER AND MOTORCYCLE MANUFACTURERS
• 5.21 SUPPLY CHAIN ANALYSIS
• 5.22 CASE STUDY ANALYSIS
  • 5.22.1 GENZE PARTNERED WITH LEEWAYHERTZ FOR INTEGRATION OF ELECTRIC SCOOTER WITH MOBILE APP
  • 5.22.2 HERO ELECTRIC PARTNERED WITH EBIKEGO TO TRANSFORM LAST-MILE DELIVERIES
  • 5.22.3 ZYPP ELECTRIC TO USE HERO ELECTRIC BIKES TO ELECTRIFY 100% LAST-MILE DELIVERY BY 2025
• 5.23 INVESTMENT AND FUNDING SCENARIO
• 5.24 TRADE ANALYSIS
  • 5.24.1 IMPORT SCENARIO (HS CODE 871190)
  • 5.24.2 EXPORT SCENARIO (HS CODE 871190)
• 5.25 KEY CONFERENCES AND EVENTS, 2025-2026
• 5.26 DECISION-MAKING PROCESS
• 5.27 BUYER STAKEHOLDERS AND BUYING EVALUATION CRITERIA
  • 5.27.1 KEY STAKEHOLDERS IN BUYING PROCESS
  • 5.27.2 BUYING CRITERIA
• 5.28 ADOPTION BARRIERS AND INTERNAL CHALLENGES
• 5.29 REGULATORY LANDSCAPE AND COMPLIANCE
  • 5.29.1 INDUSTRY STANDARDS
    • 5.29.1.1 India
    • 5.29.1.2 Thailand
    • 5.29.1.3 Vietnam
  • 5.29.2 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
• 5.30 SUSTAINABILITY INITIATIVES
  • 5.30.1 CARBON FOOTPRINT REDUCTION THROUGH GREEN MANUFACTURING
    • 5.30.1.1 Renewable energy in factories
    • 5.30.1.2 Materials and efficiency
    • 5.30.1.3 Certifications and targets
  • 5.30.2 ECO-APPLICATIONS AND ENVIRONMENTAL BENEFITS OF ELECTRIFICATION
  • 5.30.3 LIFE-CYCLE ASSESSMENT (LCA) OF ELECTRIC TWO WHEELERS
    • 5.30.3.1 Energy and emissions by phase
    • 5.30.3.2 Battery production impact

6 ELECTRIC TWO WHEELER MARKET, BY VEHICLE TYPE

• 6.1 INTRODUCTION
  • 6.1.1 OPERATIONAL DATA
• 6.2 E-SCOOTER/MOPED
  • 6.2.1 GROWING FOCUS ON REDUCED EMISSIONS AND SUSTAINABLE MODELS TO DRIVE MARKET
• 6.3 E-MOTORCYCLE
  • 6.3.1 RISING DEMAND FOR HIGH-PERFORMANCE AND LOW-MAINTENANCE MODELS TO DRIVE MARKET
• 6.4 KEY PRIMARY INSIGHTS

7 ELECTRIC TWO WHEELER MARKET, BY VEHICLE CLASS

• 7.1 INTRODUCTION
  • 7.1.1 OPERATIONAL DATA
• 7.2 ECONOMY
  • 7.2.1 AVAILABILITY OF BUDGET-FRIENDLY FINANCING AND LEASING OPTIONS TO DRIVE MARKET
• 7.3 LUXURY
  • 7.3.1 DEMAND FOR PREMIUM FEATURES AND TECHNOLOGY IN ELECTRIC TWO WHEELERS TO DRIVE MARKET
• 7.4 PRIMARY INSIGHTS

8 ELECTRIC TWO WHEELER MARKET, BY VOLTAGE TYPE

• 8.1 INTRODUCTION
  • 8.1.1 OPERATIONAL DATA
• 8.2 36 V
  • 8.2.1 INCREASING DEMAND FOR SHORT COMMUTES TO DRIVE GROWTH
• 8.3 48 V
  • 8.3.1 NEED FOR ADEQUATE POWER AND RANGE FOR URBAN AND SUBURBAN COMMUTING TO DRIVE GROWTH
• 8.4 60 V
  • 8.4.1 EMERGING DEMAND FOR HIGH-PERFORMANCE ELECTRIC SCOOTERS TO DRIVE GROWTH
• 8.5 72 V
  • 8.5.1 IMPROVED BATTERY TECHNOLOGY AND CHARGING INFRASTRUCTURE TO DRIVE GROWTH
• 8.6 ABOVE 72 V
  • 8.6.1 INCREASED RANGE POTENTIAL AND HIGH-PERFORMANCE NEEDS TO DRIVE GROWTH
• 8.7 KEY PRIMARY INSIGHTS

9 ELECTRIC TWO WHEELER MARKET, BY BATTERY TYPE

• 9.1 INTRODUCTION
  • 9.1.1 OPERATIONAL DATA
• 9.2 SEALED LEAD-ACID
  • 9.2.1 LOW RANGE AND PERFORMANCE TO DECREASE DEMAND
• 9.3 LITHIUM-ION
  • 9.3.1 ADVANCEMENTS IN BATTERY TECHNOLOGY TO DRIVE MARKET
• 9.4 NICKEL METAL HYDRIDE (NIMH)
• 9.5 SODIUM-ION
• 9.6 PRIMARY INSIGHTS

10 ELECTRIC TWO WHEELER MARKET, BY DISTANCE COVERED

• 10.1 INTRODUCTION
  • 10.1.1 OPERATIONAL DATA
• 10.2 BELOW 75 MILES
  • 10.2.1 DOMINANT USE IN CITIES FOR SHORT COMMUTES TO DRIVE MARKET
• 10.3 75-100 MILES
  • 10.3.1 VERSATILITY AND RANGE ANXIETY REDUCTION TO DRIVE MARKET
• 10.4 ABOVE 100 MILES
  • 10.4.1 DEVELOPMENTS IN BATTERY TECHNOLOGY TO DRIVE MARKET
• 10.5 PRIMARY INSIGHTS

11 ELECTRIC TWO WHEELER MARKET, BY USAGE

• 11.1 INTRODUCTION
  • 11.1.1 OPERATIONAL DATA
• 11.2 PRIVATE
  • 11.2.1 NEW RANGE OF PRODUCTS WITH REDUCED PRICES TO DRIVE MARKET
• 11.3 COMMERCIAL
  • 11.3.1 OPERATIONAL AND COST EFFICIENCY TO DRIVE MARKET
• 11.4 PRIMARY INSIGHTS

12 ELECTRIC TWO WHEELER MARKET, BY TECHNOLOGY TYPE

• 12.1 INTRODUCTION
  • 12.1.1 OPERATIONAL DATA
• 12.2 PLUG-IN
  • 12.2.1 INCREASING NUMBER OF PUBLIC FAST CHARGING STATIONS FOR ELECTRIC TWO WHEELERS TO DRIVE MARKET
• 12.3 BATTERY
  • 12.3.1 ENABLES QUICK REFUELING BY EXCHANGING DEPLETED BATTERIES FOR FULLY CHARGED ONES AT DESIGNATED STATIONS
• 12.4 PRIMARY INSIGHTS

13 ELECTRIC SCOOTER MARKET, BY MOTOR TYPE

• 13.1 INTRODUCTION
  • 13.1.1 OPERATIONAL DATA
• 13.2 MID-DRIVE MOTOR
  • 13.2.1 HIGH TORQUE ADVANTAGE TO DRIVE MARKET
• 13.3 HUB MOTOR
  • 13.3.1 INCREASING PRODUCTION OF VEHICLES WITH IN-WHEEL ELECTRIC MOTORS TO DRIVE MARKET
• 13.4 OTHERS
• 13.5 PRIMARY INSIGHTS

14 ELECTRIC TWO WHEELER MARKET, BY MOTOR POWER

• 14.1 INTRODUCTION
  • 14.1.1 OPERATIONAL DATA
• 14.2 LESS THAN 1.5 KW
  • 14.2.1 LOWER PRICE TAG THAN HIGHER-POWERED MODELS TO DRIVE MARKET
• 14.3 1.5-3 KW
  • 14.3.1 IMPROVED PERFORMANCE COMPARED TO LOWER-POWERED MODELS TO DRIVE MARKET
• 14.4 ABOVE 3 KW
  • 14.4.1 DEMAND FOR HIGH SPEED AND ACCELERATION WITH LONGER RANGE TO DRIVE MARKET
• 14.5 KEY PRIMARY INSIGHTS

15 ELECTRIC TWO WHEELER MARKET, BY REGION

• 15.1 INTRODUCTION
• 15.2 ASIA PACIFIC
  • 15.2.1 MACROECONOMIC OUTLOOK
  • 15.2.2 CHINA
    • 15.2.2.1 Increasing demand for electric scooters/mopeds in metropolitan cities to drive market
  • 15.2.3 JAPAN
    • 15.2.3.1 Investment in charging infrastructure and battery swapping technologies to drive market
  • 15.2.4 INDIA
    • 15.2.4.1 Introduction of Battery-as-a-Service model to drive market
  • 15.2.5 SOUTH KOREA
    • 15.2.5.1 Launch of innovative models by domestic OEMs to drive market
  • 15.2.6 TAIWAN
    • 15.2.6.1 Focus on advanced electric two wheeler technologies that are energy-efficient and environmentally friendly to drive market
  • 15.2.7 THAILAND
    • 15.2.7.1 Strong government support for electric vehicle adoption to drive market
  • 15.2.8 INDONESIA
    • 15.2.8.1 Growth of online sales of electric vehicles and domestic manufacturing to drive market
  • 15.2.9 MALAYSIA
    • 15.2.9.1 Introduction of battery swapping points to drive market
  • 15.2.10 PHILIPPINES
    • 15.2.10.1 Growing EV ecosystem to support market growth
  • 15.2.11 VIETNAM
    • 15.2.11.1 Shift toward sustainable transportation to drive market
• 15.3 EUROPE
  • 15.3.1 MACROECONOMIC OUTLOOK
  • 15.3.2 FRANCE
    • 15.3.2.1 Government incentive programs to fuel market
  • 15.3.3 GERMANY
    • 15.3.3.1 Growing demand for energy-efficient commuting modes to drive market
  • 15.3.4 SPAIN
    • 15.3.4.1 NECP's plan for five million electric vehicles on road by 2030 to drive market
  • 15.3.5 AUSTRIA
    • 15.3.5.1 Subsidies and tax exemptions for electric two wheelers to drive market
  • 15.3.6 UK
    • 15.3.6.1 Increasing concerns regarding two wheeler carbon emissions to drive market
  • 15.3.7 ITALY
    • 15.3.7.1 Increasing presence of key players to support market growth
  • 15.3.8 BELGIUM
    • 15.3.8.1 Strong government support to promote electric two wheelers to drive market
  • 15.3.9 NETHERLANDS
    • 15.3.9.1 Development of charging infrastructure to drive market
  • 15.3.10 POLAND
    • 15.3.10.1 Growing focus on emission reduction to drive market
  • 15.3.11 DENMARK
    • 15.3.11.1 Government support to develop charging infrastructure to drive market
• 15.4 NORTH AMERICA
  • 15.4.1 MACROECONOMIC OUTLOOK
  • 15.4.2 US
    • 15.4.2.1 R&D of new EV-related technologies to drive market
  • 15.4.3 CANADA
    • 15.4.3.1 High demand for electric scooters among young population to drive market

16 COMPETITIVE LANDSCAPE

• 16.1 OVERVIEW
• 16.2 KEY PLAYER STRATEGIES/RIGHT TO WIN, 2022-2025
• 16.3 MARKET SHARE ANALYSIS OF ELECTRIC TWO WHEELER PROVIDERS, 2024
• 16.4 REVENUE ANALYSIS, 2020-2024
• 16.5 COMPANY VALUATION AND FINANCIAL METRICS
  • 16.5.1 COMPANY VALUATION
  • 16.5.2 FINANCIAL METRICS
• 16.6 PRODUCT COMPARISON
• 16.7 COMPANY EVALUATION MATRIX
  • 16.7.1 STARS
  • 16.7.2 EMERGING LEADERS
  • 16.7.3 PERVASIVE PLAYERS
  • 16.7.4 PARTICIPANTS
  • 16.7.5 COMPANY FOOTPRINT
• 16.8 STARTUP/SME EVALUATION MATRIX
  • 16.8.1 PROGRESSIVE COMPANIES
  • 16.8.2 RESPONSIVE COMPANIES
  • 16.8.3 DYNAMIC COMPANIES
  • 16.8.4 STARTING BLOCKS
  • 16.8.5 COMPETITIVE BENCHMARKING
    • 16.8.5.1 Key startups/SMEs
    • 16.8.5.2 Competitive benchmarking of key startups/SMEs
• 16.9 COMPETITIVE SCENARIO
  • 16.9.1 PRODUCT LAUNCHES/DEVELOPMENTS
  • 16.9.2 DEALS
  • 16.9.3 EXPANSIONS
  • 16.9.4 OTHER DEVELOPMENTS

17 COMPANY PROFILES

• 17.1 KEY PLAYERS
  • 17.1.1 OLA ELECTRIC
    • 17.1.1.1 Business overview
    • 17.1.1.2 Products offered
    • 17.1.1.3 Recent developments
      • 17.1.1.3.1 Product launches/developments
      • 17.1.1.3.2 Expansions
      • 17.1.1.3.3 Others
    • 17.1.1.4 MnM view
      • 17.1.1.4.1 Key strengths
      • 17.1.1.4.2 Strategic choices
      • 17.1.1.4.3 Weaknesses and competitive threats
  • 17.1.2 BAJAJ AUTO LTD.
    • 17.1.2.1 Business overview
    • 17.1.2.2 Products offered
    • 17.1.2.3 Recent developments
      • 17.1.2.3.1 Product launches/developments
    • 17.1.2.4 MnM view
      • 17.1.2.4.1 Key strengths
      • 17.1.2.4.2 Strategic choices
      • 17.1.2.4.3 Weaknesses and competitive threats
  • 17.1.3 TVS MOTOR COMPANY
    • 17.1.3.1 Business overview
    • 17.1.3.2 Products offered
    • 17.1.3.3 Recent developments
      • 17.1.3.3.1 Product launches/upgrades
      • 17.1.3.3.2 Deals
      • 17.1.3.3.3 Others
    • 17.1.3.4 MnM view
      • 17.1.3.4.1 Key strengths
      • 17.1.3.4.2 Strategic choices
      • 17.1.3.4.3 Weaknesses and competitive threats
  • 17.1.4 ATHER ENERGY
    • 17.1.4.1 Business overview
    • 17.1.4.2 Products offered
    • 17.1.4.3 Recent developments
      • 17.1.4.3.1 Product launches/developments
      • 17.1.4.3.2 Deals
    • 17.1.4.4 MnM view
      • 17.1.4.4.1 Key strengths
      • 17.1.4.4.2 Strategic choices
      • 17.1.4.4.3 Weaknesses and competitive threats
  • 17.1.5 YADEA TECHNOLOGY GROUP CO., LTD.
    • 17.1.5.1 Business overview
    • 17.1.5.2 Products offered
    • 17.1.5.3 Recent developments
      • 17.1.5.3.1 Product launches/developments
      • 17.1.5.3.2 Deals
      • 17.1.5.3.3 Expansions
      • 17.1.5.3.4 Others
    • 17.1.5.4 MnM view
      • 17.1.5.4.1 Key strengths
      • 17.1.5.4.2 Strategic choices
      • 17.1.5.4.3 Weaknesses and competitive threats
  • 17.1.6 HERO ELECTRIC
    • 17.1.6.1 Business overview
    • 17.1.6.2 Products offered
    • 17.1.6.3 Recent developments
      • 17.1.6.3.1 Product launches/developments
      • 17.1.6.3.2 Deals
      • 17.1.6.3.3 Expansions
  • 17.1.7 GOGORO
    • 17.1.7.1 Business overview
    • 17.1.7.2 Products offered
    • 17.1.7.3 Recent developments
      • 17.1.7.3.1 Product/technology launches
      • 17.1.7.3.2 Deals
  • 17.1.8 VMOTO LIMITED
    • 17.1.8.1 Business overview
    • 17.1.8.2 Products offered
    • 17.1.8.3 Recent developments
      • 17.1.8.3.1 Product launches/developments
      • 17.1.8.3.2 Deals
      • 17.1.8.3.3 Expansions
      • 17.1.8.3.4 Others
  • 17.1.9 NIU INTERNATIONAL
    • 17.1.9.1 Business overview
    • 17.1.9.2 Products offered
    • 17.1.9.3 Recent developments
      • 17.1.9.3.1 Product launches/developments
      • 17.1.9.3.2 Deals
  • 17.1.10 JIANGSU XINRI E-VEHICLE CO., LTD.
    • 17.1.10.1 Business overview
    • 17.1.10.2 Products offered
    • 17.1.10.3 Recent developments
      • 17.1.10.3.1 Product launches/developments
      • 17.1.10.3.2 Deals
      • 17.1.10.3.3 Expansions
  • 17.1.11 IDEANOMICS, INC.
    • 17.1.11.1 Business overview
    • 17.1.11.2 Products offered
    • 17.1.11.3 Recent developments
      • 17.1.11.3.1 Product launches/developments
      • 17.1.11.3.2 Deals
      • 17.1.11.3.3 Expansions
  • 17.1.12 ASKOLL EVA S.P.A.
    • 17.1.12.1 Business overview
    • 17.1.12.2 Products offered
    • 17.1.12.3 Recent developments
      • 17.1.12.3.1 Deals
      • 17.1.12.3.2 Others
• 17.2 OTHER PLAYERS
  • 17.2.1 ULTRAVIOLETTE AUTOMOTIVE
  • 17.2.2 REVOLT INTELLICORP PRIVATE LIMITED (REVOLT MOTORS)
  • 17.2.3 Z ELECTRIC VEHICLE
  • 17.2.4 CAKE
  • 17.2.5 LIGHTNING MOTORCYCLES
  • 17.2.6 JOHAMMER E-MOBILITY GMBH
  • 17.2.7 PIAGGIO GROUP
  • 17.2.8 KTM AG
  • 17.2.9 HARLEY DAVIDSON
  • 17.2.10 BMW GROUP
  • 17.2.11 AIMA TECHNOLOGY GROUP CO., LTD.
  • 17.2.12 HONDA MOTOR CO., LTD.
  • 17.2.13 GREAVES ELECTRIC MOBILITY PRIVATE LIMITED (AMPERE VEHICLES)
  • 17.2.14 DONGGUAN TAILING ELECTRIC VEHICLE CO., LTD.
  • 17.2.15 CEZETA
  • 17.2.16 TERRA MOTORS CORPORATION
  • 17.2.17 NEXZU MOBILITY LTD. (AVAN MOTORS INDIA)
  • 17.2.18 EMFLUX MOTORS
  • 17.2.19 MAHINDRA & MAHINDRA LTD.
  • 17.2.20 DAMON MOTORS INC.
  • 17.2.21 VIAR MOTOR INDONESIA
  • 17.2.22 SELIS
  • 17.2.23 GESITS
  • 17.2.24 UNITED E-MOTOR
  • 17.2.25 SMOOT ELEKTRIK
  • 17.2.26 PT VOLTA INDONESIA SEMESTA (VOLTA)
  • 17.2.27 ALVA
  • 17.2.28 NUSA MOTORS
  • 17.2.29 BF GOODRICH

18 APPENDIX

• 18.1 DISCUSSION GUIDE
• 18.2 KNOWLEDGESTORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
• 18.3 CUSTOMIZATION OPTIONS
  • 18.3.1 ELECTRIC SCOOTER MARKET, BY BATTERY TYPE AT COUNTRY LEVEL (FOR COUNTRIES COVERED IN THE REPORT)
  • 18.3.2 PROFILING OF ADDITIONAL MARKET PLAYERS (UP TO 5)
• 18.4 RELATED REPORTS
• 18.5 AUTHOR DETAILS