Due to the rising sales of electric scooters and motorcycles in the country, the Indian electric scooter and motorcycle market is predicted to attain a revenue of $1,043.4 million in 2025.
Global Electric Motorcycle & Scooter Market will witness 5.2% CAGR between 2023 and 2032, propelled by extensive product launches and sustainability initiatives from key industry players. With a focus on reducing emissions and promoting eco-friendly transportation, leading companies introduce innovative electric models.
In its latest report, P&S Intelligence forecasts the North American electric scooters and motorcycles market value to grow from $164.7 million in 2020 to $590.4 million by 2025, at a 25.1% CAGR between 2021 and 2025, As a result of such robust support of the government. In 2017, the Californian government began offering a 10% tax credit on the purchase of electric motorcycles costing up to $2,500.
The e-mobility trend is on rise. In the third quarter of 2019, around 45 EV companies across the world showed a total fund raising of USD 2.7 billion. However, the COVID-19 outbreak has led to a slowdown in electric motorcycles & scooters industry growth in 2020. Shortage of raw materials, labor and restrictions on movement have led to a temporary shutdown of many automobile manufacturing facilities, globally.
A new report available with decisiondatabases.com on Electric Motorcycle Market which provides an in-depth analysis during the forecast period. This report focuses on top manufactures with capacity, production, price, revenue and Market share. View Full Report @ https://bit.ly/2XFDi2J
A new report available with decisiondatabases.com on Electric MotorcycleMarket which provides an in-depth analysis during the forecast period. This report focuses on top manufactures with capacity, production, price, revenue and Market share.
The Indian electric scooters and motorcycles market generated a revenue of $80.0 million in 2018, and it is expected to register CAGR of 36.3% during the forecast period.
More Information @ https://bit.ly/2omj5MZ Increasing consumer awareness towards climate change in conjunction with implementation of regulations for pollution control & environment conservation will fuel the electric motorcycles & scooters market share from 2018 to 2024.
This report provided by GrandResearchStore is about, The Global Electric Motorcycle and Scooter Industry 2016 Market Research Report is a professional and in-depth study on the current state of the Electric Motorcycle and Scooter industry.
Implementation of strict vehicular emission norms by several countries including Canada, China, Japan, U.S. and others is aiding large-scale adoption of electric scooters and motorcycles for routine commute.
Industry Probe has titled an upcoming report as “Motorcycle Accessories Market – Global Industry Dynamics 2018-19, Trends and Forecast, 2020–2028” to its ever growing database of reports.
The advent of lithium-ion (Li-ion) is said to have redefined premium electric motorcycle market trend. Palpable traction towards Li-ion batteries comes in the wake of innate characteristics of the batteries to bolster the overall performance of the vehicles by reducing maintenance requirements and ameliorating range.
Request for an in-depth table of contents for this report @ https://www.gminsights.com/request-toc/upcoming/218 Various factors such as integrated mobility, inclination towards eco-friendly transportation and development of mega cities are anticipated to positively impact the industry demand. In addition, increasing environmental apprehension accompanied by availability of these electric vehicles at affordable prices is anticipated to fuel the industry growth over the several forth coming years. Advent of several awareness initiatives taken by governments to promote the adoption of electric vehicles is likely to boost the industry demand over the forecast period. Attributes such as low operational and maintenance costs offered by these electric vehicles is estimated to augment electric two wheelers market demand.
Get more information @ http://bit.ly/2omj5MZ The U.S. electric motorcycles & scooters market has witnessed regulatory support for product adoption, including R&D investments and competitive programs for encouraging vendors to invest in infrastructure.
APAC electric scooters and motorcycles market is projected to see its sales volume increase to 31.2 million units by 2025, at a 7.6% CAGR during 2018–2025.
Electric Motorcycle market report 2016 with focus on Global and Chinese market, summarizes key statistics of the market and the overall status of the Electric Motorcycle manufacturers. The report is a valuable source of guidance and direction for companies and individuals interested in the Electric Motorcycle industry. The report depicts the global and Chinese market of Electric Motorcycle industry including capacity, production, production value, cost and profit, supply and demand and Chinese import-export. See Full Report https://goo.gl/GHgFCa
On the back of grave environmental concerns, governments around the world are propagating mass adoption of electric vehicles (EVs) such as scooters, cars, and other automobiles. A crucial part of the electrical automotive space, Electric Scooters and Motorcycle garners increasing consumer interest. Favorable factors such as cost-efficiency, reduced pollution, and ease of travelling attribute for growing consumer inclination.
The North America electric scooters and motorcycles market attained a size of $154.8 million in 2018, and it is predicted to progress at a CAGR of 28.4% during the forecast period (2019–2024).
North America motorcycle market size is projected to expand at significant CAGR from 2024 to 2032. The growth can be attributed to the rising appeal for recreational riding, the surge in demand for adventure motorcycles, and the growing popularity of electric motorcycles. Moreover, the strong appeal of motorcycling culture, favorable weather conditions for riding, and the introduction of innovative motorcycle models will further contribute to the regional industry expansion.
The light electric vehicles market size is expected to see strong growth in the next few years. It will grow to $124.17 billion in 2028 at a compound annual growth rate (CAGR) of 9.8%.
The Plug-in Hybrid Electric Vehicles (PHEVs) segment is prompted to grow significantly through 2032, owing to their flexibility and extended driving range. PHEVs require specialized tires that can handle the diverse demands of electric and conventional propulsion. The increasing popularity of hybrid vehicles and advancements in battery technologies are pushing the industry growth. EV tire manufacturers are developing innovative tire solutions that optimize performance, tread life, and energy efficiency for PHEVs, ensuring a smooth and eco-friendly driving experience.
The motor vehicle electrical and electronic equipment market consists of sales of motor vehicle electrical and electronic equipment and related services used for motor vehicles including cars, buses, motorcycles, off-road vehicles, light trucks, and regular trucks. The electrical and electronic components of motor vehicles include a battery, starter and alternator, fans, electric cooling, windshield washer pump, and windshield wiper systems.
Electric Utility Terrain Vehicle Market is projected to cross USD 190 Mn by 2032. The Minister of Economy, United Arab Emirates recently released the National Tourism Strategy that plans to invest USD 27.24 billion in the tourism sector to introduce 40 million hotel guests to the region. The expansion of the sector can be backed by the rising demand for off-road recreational activities, favorable government initiatives for sustainability, and promotion of eco-friendly transportation options.
Electric Off-Road Vehicles Market is projected to cross USD 400 Mn by 2032. Off-roading calls for torque and reliable acceleration, and EVs offer immense torque and linear power delivery, making them an ideal tool for any trail job. In most cases, all four-wheel-drive systems in EVs are smarter and thus are more capable than mechanical, gas-driven setups.
As per Cognitive Market Research's latest published report, the Global Electric Two Wheeler Lithium Ion Battery Management System market size was $0.53 Billion in 2022 and it is forecasted to reach $2.76 Billion by 2030. Electric Two Wheeler Lithium Ion Battery Management System Industry's Compound Annual Growth Rate will be 20.1% from 2023 to 2030.
According to the latest research report by IMARC Group, The global electric two-wheeler market size reached US$ 39.9 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 109.5 Billion by 2032, exhibiting a growth rate (CAGR) of 11.5% during 2024-2032. More Info:- https://www.imarcgroup.com/electric-two-wheeler-market
The India Electric Two-Wheeler Market is expected to expand at a CAGR of over 40% from 2018 to 2025, end of the forecast period. New entrants and various unorganized players are expected to disrupt the market
The Indian electric two-wheeler market is predicted to grow at 44.0% CAGR during the forecast period with its fleet size reaching 633.9 thousand units by 2024. The Indian market is driven largely by the vast population and the regulations of supportive government. With rising per capita revenue, increasing awareness of the reduction of automotive emissions and the growth of smart cities, the industry has experienced substantial demand for these goods in recent years.
The Vietnam electric two-wheeler market is predicted to grow at 5.8% CAGR during the forecast period in terms of its revenue size. The market in Vietnam is powered largely by favorable government policies and increased awareness of the use of electric vehicles. In Vietnam, numerous products, including e-scooters and e-bikes, contribute significantly to the scale of the electric two-wheeler industry.
The Asian electric two-wheeler market is predicted to grow at 7.0% CAGR during the forecast period with its fleet size reaching 59.3 million units by 2024. The Asian market is driven largely by technical developments in battery technology, government funding and electric car programs, raising awareness of the reduction of vehicle emissions. Different products including e-scooters and e-bikes are majorly contributing to the electric two-wheeler market size in Asia.
The Thailand electric two-wheeler market is predicted to grow at 17.4% CAGR during the forecast period in terms of value. The Thailand market is still at a nascent level, guided by the fact that non-governmental organisations are encouraging and fuelling the adoption of electric cars. Now, however, the country's government has kick-started its actions to embrace hybrid cars, particularly light electric vehicles. In Thailand, numerous products, including e-scooters and e-bikes, add significantly to the size of the electric two-wheeler market.
The Philippines electric two-wheeler market is predicted to grow at 6.1% CAGR during the forecast period in terms of revenue size. Due to the activities of non-governmental and government organisations, the Philippines market is mainly powered by the rapidly rising market. In the Philippines, different products, including e-scooters and e-bikes, add significantly to the scale of the electric two-wheeler market.
The Indonesian electric two-wheeler market is predicted to grow at 14.2% CAGR during the forecast period with its fleet size reaching 41,000 units by 2024. The Indonesian market for light electric vehicles is largely motivated by the country's high level of automotive emissions and increased desire to reduce the level of CO2 by the implementation of a cleaner mode of transport. In Indonesia, numerous products, including e-scooters and e-bikes, contribute significantly to the scale of the Indonesia electric two-wheeler market.
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The report discusses how the market for electric two-wheelers is changing in India. Various factors such as government schemes, rising demand for eco-friendly vehicles, concerns over pollution and rising fuel prices is bolstering the market. Read on to know where the market will be in the year 2021.
According to the latest research report by IMARC Group, The global electric two-wheeler lithium-ion battery management system market size reached US$ 704.5 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 3,201.2 Million by 2032, exhibiting a growth rate (CAGR) of 18.25% during 2024-2032. More Info:- https://www.imarcgroup.com/electric-two-wheeler-lithium-ion-battery-management-system-market
According to the latest research report by IMARC Group, The global electric two-wheeler market size reached US$ 35.3 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 72.5 Billion by 2028, exhibiting a growth rate (CAGR) of 13.18% during 2023-2028. More Info:- https://www.imarcgroup.com/electric-two-wheeler-market
The two-wheeler hub motor market consists of sales of two-wheeler hub motors by entities (organizations, sole traders, and partnerships) that are used to power rear-wheel drive vehicles. A hub motor is an electrical motor that is attached to the wheels and converts electric power to motive power to provide traction. It helps in reducing the weight of the vehicle, reduces fuel consumption, extends the life of a two-wheeler, and lowers maintenance costs.
Markntel Advisors has conducted a comprehensive study on the Global Electric Two Wheeler Market is projected to grow at a CAGR of around 25.57% during the forecast period, i.e., 2023-28.
The global electric bus charging station market is predicted to advance at a CAGR of 9.7% from 2018 to 2025 and generate a revenue of $12.3 billion in 2025. The key factors fueling the expansion of the market are the increasing implementation of various government regulations and initiatives in many countries, the rising deployment of electric buses in public transport fleets, and the soaring investments being made in the development of electric bus charging stations all over the world.
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According to the latest research report by IMARC Group, The global electric two-wheeler lithium-ion battery management system market size reached US$ 582.5 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 1,774.41 Million by 2028, exhibiting a growth rate (CAGR) of 18.70% during 2023-2028. More Info:- https://www.imarcgroup.com/electric-two-wheeler-lithium-ion-battery-management-system-market
As per the report by TechSci Research titled "Automatic Transmission Motorcycle Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027," it is projected that the automatic transmission motorcycle market will experience substantial growth during the forecast period of 2023-2027. The market demand worldwide is being driven by the increased sales and production of motorcycles, as well as the adoption of advanced technologies by market players. Additionally, the next five years are expected to present significant growth opportunities for the global automatic transmission motorcycle market due to the increase in sales of premium motorcycles and the high demand for the integration of driver assistance and infotainment systems in motorcycles.
The global electric vehicles market size reached 18.1 Million Units in 2022. Looking forward, IMARC Group expects the market to reach 148.4 Million Units by 2028, exhibiting a growth rate (CAGR) of 41.2% during 2023-2028. More info: https://www.imarcgroup.com/electric-vehicles-market
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this report split EMEA into Europe, the Middle East and Africa, With sales K Units, revenue Million USD, market share and growth rate of HighPerformance Electric Motorcycles for these regions, from 2012 to 2022 forecast
The Global Electric Bike Market size is expected to reach $73.2 billion by 2026, rising at a market growth of 11.2% CAGR during the forecast period. The electric bike contains different components such as pedals, an in-built electric motor, & rechargeable batteries in order to increase propulsion.
Looking forward, the electric two-wheeler market value is projected to reach a strong growth during the forecast period (2022-2027). More info:- https://www.imarcgroup.com/electric-two-wheeler-market
Though the electric and hybrid bus market is in its initial phase but the rising venture funding and technological development are significantly driving the market. According to Goldstein Research, global electric & hybrid bus market is expected to reach 40,067 units by 2024, growing at a CAGR of 25.3% over the forecast period 2016-2024.
Motorcycle And Bicycle Global Market Report 2022 by The Business Research Company is the most comprehensive report available on the market, being wide-ranging both in terms of chronology and geography. It covers the historic period – 2016-2021