According to a new report by IMARC Group, 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.
Get a PDF Sample for more detailed market insights: https://www.imarcgroup.com/electric-two-wheeler-market/requestsample
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.
View Report TOC, Figures and Tables: https://www.imarcgroup.com/electric-two-wheeler-market
Insights on Market Segmentation:
Breakup by Vehicle Type:
Breakup by Battery Type:
Sealed Lead Acid (SLA)
Breakup by Voltage Type:
Breakup by Peak Power:
Breakup by Battery Technology:
Breakup by Motor Placement:
Breakup by Region:
Middle East and Africa
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.
30 N Gould St
Sheridan, WY 82801
Follow us on twitter: @imarcglobal