Market Research Logo

Global Electric Two-wheelers Market 2017-2021

Global Electric Two-wheelers Market 2017-2021

About Electric Two-wheelers

Electric two-wheelers are those which are powered by lead acid battery or lithium ion batteries and not by conventional fuels like gasoline. The global electric two-wheelers market includes both electric motorcycles and electric scooters. They are plug-in electric vehicles, which have a certain riding range per charge. The speed of an electric scooter is relatively lesser than that of an electric motorcycle.

Technavio’s analysts forecast the global electric two-wheelers market to grow at a CAGR of 7.55% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global electric two-wheelers market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Electric Two-wheelers Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Hero Eco
  • JIANGSU XINRI E-VEHICLE
  • Yadea Technology Group
  • Zero Motorcycles
  • Zhejiang Luyuan Electric Vehicle
Other prominent vendors
  • Alta Motors
  • Ampere Vehicles
  • Ather Energy
  • Bodo Electric Vehicle Group
  • Bultaco
  • China Xingyue Group
  • Currie Technologies
  • Electrotherm Group
  • Energica Motor company
  • Evoke Motorcycles
  • eZee Kinetics technology
  • GOVECS
  • Guangzhou Camqi Electric Vehicle
  • Hollywood Electrics
  • Johammer
  • Lightning Motorcycles
  • LOHIA AUTO INDUSTRIES
  • Mahindra
  • Quantya
  • Sanyang Industry
  • Victory Motorcycles
  • Vmoto
  • YObykes
Market driver
  • Decreasing EV battery cost
  • For a full, detailed list, view our report
Market challenge
  • High manufacturing cost
  • For a full, detailed list, view our report
Market trend
  • Improvements in the battery technology
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?


Press Release

Technavio Announces the Publication of its Research Report – Global Electric Two-wheelers Market 2017-2021

Technavio recognizes the following companies as the key players in the global electric two-wheelers market: Hero Eco, JIANGSU XINRI E-VEHICLE, Yadea Technology Group, Zero Motorcycles, and Zhejiang Luyuan Electric Vehicle.

Other Prominent Vendors in the market are: Alta Motors, Ampere Vehicles, Ather Energy, Bodo Electric Vehicle Group, Bultaco, China Xingyue Group, Currie Technologies, Electrotherm Group, Energica Motor company, Evoke Motorcycles, eZee Kinetics technology, GOVECS, Guangzhou Camqi Electric Vehicle, Hollywood Electrics, Johammer, Lightning Motorcycles, LOHIA AUTO INDUSTRIES, Mahindra, Quantya, Sanyang Industry, Victory Motorcycles, Vmoto, and YObykes.

Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is improvements in the battery technology. Improvements in the battery technology are one of the most important factors for the global electric two-wheelers market. There have been several improvements in the EV battery technology making them more desirable to the consumer.”

According to the report, one driver in the market is decreasing EV battery cost. The EV battery is one of the prime factors on which the adoption of electric two-wheelers depends. The battery technology used in an EV plays a crucial role, as the mile range of the vehicle and the time taken by the vehicle to charge is completely is highly dependent on it. The battery accounts for more than 25% of the total cost of an electric two-wheeler, which in turn, affects the profitability of OEMs and adoption by consumers.

Further, the report states that one challenge in the market is high manufacturing cost. Electric two-wheelers are costly compared to conventional ICE two-wheelers. However, manufacturers are planning to increase the production of electric two-wheelers by implementing the concept of economies of scale to reduce manufacturing costs. They are also trying to improve the battery technology to reduce the overall cost of the electric two-wheelers. These cost benefits experienced by the electric two-wheeler manufacturers will be eventually transferred to consumers.

Companies Mentioned

Hero Eco, JIANGSU XINRI E-VEHICLE, Yadea Technology Group, Zero Motorcycles, Zhejiang Luyuan Electric Vehicle, Alta Motors, Ampere Vehicles, Ather Energy, Bodo Electric Vehicle Group, Bultaco, China Xingyue Group, Currie Technologies, Electrotherm Group, Energica Motor company, Evoke Motorcycles, eZee Kinetics technology, GOVECS, Guangzhou Camqi Electric Vehicle, Hollywood Electrics, Johammer, Lightning Motorcycles, LOHIA AUTO INDUSTRIES, Mahindra, Quantya, Sanyang Industry, Victory Motorcycles, Vmoto, and YObykes.

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Market outline
      • Table China emission standards
      • Table India emission standards
      • Table EU emission standards and limits
      • Table US emission standards
      • Table Electric two-wheeler classification
  • Market landscape
    • Market overview
      • Table Market landscape of global electric two-wheelers market
      • Table Product life cycle of electric two-wheelers market in 2016
      • Table Product life cycle of electric two-wheelers market in 2021
    • Market size and forecast
      • Table Global electric two-wheelers market 2016-2021 (units in millions)
      • Table Regional classification of electric two-wheelers based on speed
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by vehicle type
    • Table Global electric two-wheelers market based on vehicle type 2016 (% share)
    • Table Global electric two-wheelers market based on vehicle type 2021 (% share)
    • Table Global electric two-wheelers market based on vehicle type 2016-2021 (units in millions)
    • Global electric scooters market
      • Table Global electric scooters market 2016-2021 (million units)
    • Global electric motorcycles market
      • Table Global electric motorcycles market 2016-2021 (units in millions)
      • Table Electric motorcycles with high power
      • Table Electric motorcycle market segmentation based on performance 2016
      • Table Electric motorcycle market segmentation based on performance 2021
      • Table Electric motorcycle market segmentation based on performance 2016-2021
  • Geographical segmentation
    • Table Electric two-wheelers market based on geography 2016
    • Table Electric two-wheelers market based on geography 2021
    • Table Electric two-wheelers market based on geography 2016-2021 (units in millions)
    • Electric two-wheelers market in APAC
      • Table Electric two-wheelers market in APAC 2016-2021 (units in millions)
    • Electric two-wheelers market in EMEA
      • Table Electric two-wheelers market in EMEA 2016-2021 (million units)
    • Electric two-wheelers market in Americas
      • Table Electric two-wheelers market in Americas 2016-2021 (units in millions)
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Electric vehicle battery price trend 2010-2021 ($/kWh)
      • Table Government subsidies and incentives for electric vehicle in various US states 2016
    • Market challenges
  • Market trends
    • Improvements in the battery technology
    • Innovation in electric charging system standards
  • Vendor landscape
    • Increasing popularity of electric off-road motorcycles
    • Competitive benchmarking
    • Other prominent vendors
  • Key vendor analysis
    • Hero Eco
      • Table Hero Eco: Recent developments and achievements
    • JIANGSU XINRI E-VEHICLE
      • Table JIANGSU XINRI E-VEHICLE: Product portfolio
    • Yadea Technology Group
      • Table Yadea Technology Group: Product portfolio
    • Zero Motorcycles
      • Table Zero Motorcycles: Product portfolio
      • Table Zero Motorcycles: Recent developments
    • Zhejiang Luyuan Electric Vehicle
      • Table Zhejiang Luyuan Electric Vehicle: Product portfolio
  • Appendix
    • List of abbreviations
  • Explore Technavio

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report