Global Electric Two Wheelers Market Likely to Surpass USD 26.9 Bn by 2035.
A significant study discovering the market avenues on a new report titled, “Electric Two Wheelers Market Size, Share, Growth Opportunity Analysis Report by Battery Type (Lithium-ion Battery (NMC (Nickel Manganese Cobalt), LFP (Lithium Iron Phosphate) and NCA (Nickel Cobalt Aluminum)), Lead-Acid Battery, Solid-State Battery, Nickel-Metal Hydride Battery and Others); Battery Capacity, Power Output, Voltage Type, Distance Covered, Usage/Application, Distribution Channel and Geography (North America, Europe, Asia Pacific, Middle East, Africa, and South America) – Global Industry Data, Trends, and Forecasts, 2025–2035” An In‑depth study examining emerging pathways in the electric two wheelers market identifies critical enablers from localized R&D and supply-chain agility to digital integration and regulatory convergence positioning electric two wheelers for sustained international growth.
Global Electric Two Wheelers Market:
According to the report, the global electric two wheelers market is likely to grow from USD 4.6 billion in 2025 to USD 26.9 billion in 2035 at a moderate CAGR of 17.6% during the time period. Environmental, economic, and technological factors are converging to propel the growth of the global electric two-wheeler market. Awareness of environmental issues and carbon emission- reduction in particular has engrossed consumers and government entities to look for sustainable mobility options. Electric two-wheelers, being essentially zero tailpipe emission vehicles, complement these sustainability agendas. Government incentives, in terms of subsidies and tax benefits, enhance electric two-wheeler adoption by alleviating the financial burdens on consumers. Moreover, with advancements in technology, in particular, batter technology, these vehicles have become more efficient in operation and provide greater range while ensuring lesser time taken for charging, hence increasing the practical time available for use by consumers on a day-to-day basis.
Key Market Forces Shaping the Global Electric Two-Wheelers Landscape: Smart Tech, Service Gaps, and Swapping Opportunities
The ever-growing integration of IoT and smart features such as GPS navigation systems, app-based diagnostics, anti-theft systems, and remote vehicle monitoring is luring a tech-savvy customer towards electric bikes. It is their green nature along with smart features which makes these electric scooters and motorcycles very attractive. Take, for example, Ola Electric and Ather Energy, which have launched models with touchscreen dashboards and connected apps to offer an enriching user experience along with safety. This transformation is becoming increasingly attractive to clientele, particularly younger urban users.
The primary challenge faced in the adoption of electric two-wheelers is the lack of after-sales service network, mainly in emerging and rural markets. Unlike conventional two-wheelers, EVs need trained mechanics and special diagnostic tools, neither of which are available with most local service centers. Such concerns related to service availability, ease of spare-part procurement, and long turnaround times in repairs hold customers back from purchasing EVs, as is the case in Tier 2 and Tier 3 cities in India and Southeast Asia.
Besides the emergence of new technologies in battery swapping, this has opened new applications in the market. This system eliminates the charging wait time and upfront vehicle cost by separating battery ownership. Startups such as Gogoro of Taiwan and SUN Mobility of India are fast expanding swapping stations, especially for commercial delivery fleets. This infrastructure would enhance convenience and mitigate range anxiety while enabling electric two-wheeler adoption in densely populated and logistically active urban regions.
"Impact of Global Tariff Policies on the Electric Two-Wheelers Market Growth and Strategy"
Tariff rates have become one major factor determining the global electric two-wheeler market. In the recent past, many countries have strayed from the common practice of zero duty on the import of EVs and their parts. For example, in 2024, the United States doubled the tariff on Chinese EVs from 25% to 100%, arguing that giving China a dominant position in this sector would harm the development of its own domestic industry. Likewise, the European Union put in place tariffs on Chinese electric vehicles of 17% to 38.1%, alleging unfair subsidies that harm EU manufacturers. Such measures have increased prices for manufacturers who are reliant upon imported items and may slow down the adoption rate for electric two-wheelers in these regions.
Conversely, some countries appear to be manipulating tariffs to take advantage of the growth of markets for electric two-wheelers domestically. India, for example, in its 2025 budget allocated full exemption on customs duties on raw materials used in the manufacture of lithium-ion batteries, seeking to lower production costs and promote the sale of electric two-wheelers. Meanwhile, the Philippines recognized the important role of electric two-wheeler vehicles in sustainable transportation and thus proposed a bill to exempt electric two-wheeled vehicles from certain import tariffs. The logic standing behind these initiatives is that strategic tariff policies could either hinder or accelerate the electric two-wheeler market, depending on their design and implementation.
Expansion of Global Electric Two Wheelers Market
“Policy Support, Economic Benefits, and Technological Advancements”
- Encouraging electric mobility through subsidies, tax benefits, and mandates is a common theme seen in governments around the world. India lays claim to FAME II scheme that grants financial incentives up to ₹15,000 per kWh for electric two-wheelers, while in the EU, similar incentives exist for green transport promotion. In China, on the other hand, ample subsidies and license plate exemptions are awarded in major cities, thereby leading to a surge in the adoption of electric scooters. These initiatives had helped lower consumer upfront prices and made EVs capable of competing with Internal Combustion Engine (ICE) options, paving the way for the widespread adoption.
- Fossil fuel price fluctuations make a consumer look toward cheaper alternatives. An electric two-wheeler runs at much cheaper operation costs, mostly about ₹0.25–₹0.50/km, while a petrol scooter runs between ₹2–₹3/km, thus providing a strong economic justification for the choice. Increasing urbanization is leading toward more traffic congestion, whence the lightweight one-way electric scooter/bike is the best solution for last-mile/intracity mobility.
- Fast-paced advances in lithium battery technology thrive on energy density improvement, charging-time reduction, and vehicle-distance-extension activities. In this respect, swappable-battery infrastructure from companies such as Gogoro and Ola Electric is one option on charging-time problems. Moreover, public-private partnerships are actively developing networks for fast charging in Europe, thus facilitating the diffusion of EVs. On the other hand, a smart-connectivity-enabled electric two-wheeler setup and IoT integration are those things going to attract more youth toward electric two-wheelers. All of this along with the crazily steep drop in battery prices (beyond 80 percent in the last decade) will keep up the pace for the market.
Regional Analysis of Global Electric Two Wheelers Market
- In Asia Pacific, demand for electric two-wheelers is claimed to be the highest due to its overpopulated urban set-up, enhanced ecoconscious issues, and genuine government backing in the form of subsidies and tax incentives. China and India are setting the trends in the market: On one hand, China is the biggest domestic manufacturer, with above 60 percent of the electric two-wheeler market worldwide in the year 2023; on the other hand, it is building infrastructure and framing policies moving towards achieving a total phasing out of internal combustion vehicles. In India, the fast pace of adoption is being fueled by soaring fuel prices and various schemes such as FAME-II, that further offer incentives to manufacturers and consumers applying to accelerate the whole electric mobility trade.
- In the North American region, mainly in the U.S. and Canada, the electric two-wheelers are seeing the fastest rates of growth from quite small bases. Healthy investments in sustainable mobility, rising fuel prices, and solutions offered by such products for last-mile connectivity act as the main pull factors. The likes of liveWire by Harley-Davidson and NIU are the brands emerging onto the scene. Also, developments, for instance, charging stations and government incentives, would keep the CAGR above 10% in the region through 2030, which points to lucrative opportunities in the future.
Prominent players operating in the global electric two wheelers market are Ather Energy, Bajaj Auto Ltd., Energica Motor Company S.p.A., Gogoro Inc., Hero Electric, Honda Motor Co., Ltd., Horwin Global, NIU Technologies, Ola Electric Mobility Pvt. Ltd., Piaggio Group, Pure EV, Revolt Motors, Segway-Ninebot, Silence Urban Ecomobility, Super Soco, TVS Motor Company, Vmoto Soco Group, Yadea Group Holdings Ltd., Yamaha Motor Co., Ltd., Zero Motorcycles Inc., and amongst others.
The global electric two wheelers market has been segmented as follows:
Global Electric Two Wheelers Market Analysis, by Vehicle Type
- Electric Scooter/ Moped
- Standard e-scooters
- Maxi e-scooters
- Retro e-scooters
- Folding e-scooters
- Electric Motorcycle
- Sports
- Cruiser
- Touring
- Off-road
Global Electric Two Wheelers Market Analysis, by Technology
- Plug-in
- Battery
- Hybrid
Global Electric Two Wheelers Market Analysis, by Battery Type
- Lithium-ion Battery
- NMC (Nickel Manganese Cobalt)
- LFP (Lithium Iron Phosphate)
- NCA (Nickel Cobalt Aluminum)
- Lead-Acid Battery
- Solid-State Battery
- Nickel-Metal Hydride Battery
- Others
Global Electric Two Wheelers Market Analysis, by Battery Capacity
- Less than 2 kWh
- 2 - 5 kWh
- More than 5 kWh
Global Electric Two Wheelers Market Analysis, by Power Output
- Less than 3 kW
- 3–5 kW
- 6–10 kW
- More than 10 kW
Global Electric Two Wheelers Market Analysis, by Voltage Type
- 36 V
- 48 V
- 60 V
- 72 V
- Above 72 V
Global Electric Two Wheelers Market Analysis, by Distance Covered
- Below 75 Miles
- 75 - 100 Miles
- Above 100 Miles
Global Electric Two Wheelers Market Analysis, by Usage/Application
- Personal Mobility
- Commercial Use
- E-commerce and delivery (last-mile)
- Ride-sharing and rental fleets
- Government/public sector fleets
- Sports and Off-Road
- Others (Institutional Use, etc.)
Global Electric Two Wheelers Market Analysis, by Distribution Channel
- Online Retail
- Offline/Traditional Dealerships
- OEM Direct Sales
Global Electric Two Wheelers Market Analysis, by Region
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- North America
- Europe
- Asia Pacific
- Middle East
- Africa
- South America
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Table of Contents
- 1. Research Methodology and Assumptions
- 1.1. Definitions
- 1.2. Research Design and Approach
- 1.3. Data Collection Methods
- 1.4. Base Estimates and Calculations
- 1.5. Forecasting Models
- 1.5.1. Key Forecast Factors & Impact Analysis
- 1.6. Secondary Research
- 1.6.1. Open Sources
- 1.6.2. Paid Databases
- 1.6.3. Associations
- 1.7. Primary Research
- 1.7.1. Primary Sources
- 1.7.2. Primary Interviews with Stakeholders across Ecosystem
- 2. Executive Summary
- 2.1. Global Electric Two Wheelers Market Outlook
- 2.1.1. Electric Two Wheelers Market Size (Volume – Mn Units and Value - US$ Bn), and Forecasts, 2020-2035
- 2.1.2. Compounded Annual Growth Rate Analysis
- 2.1.3. Growth Opportunity Analysis
- 2.1.4. Segmental Share Analysis
- 2.1.5. Geographical Share Analysis
- 2.2. Market Analysis and Facts
- 2.3. Supply-Demand Analysis
- 2.4. Competitive Benchmarking
- 2.5. Go-to- Market Strategy
- 2.5.1. Customer/ End-use Industry Assessment
- 2.5.2. Growth Opportunity Data, 2025-2035
- 2.5.2.1. Regional Data
- 2.5.2.2. Country Data
- 2.5.2.3. Segmental Data
- 2.5.3. Identification of Potential Market Spaces
- 2.5.4. GAP Analysis
- 2.5.5. Potential Attractive Price Points
- 2.5.6. Prevailing Market Risks & Challenges
- 2.5.7. Preferred Sales & Marketing Strategies
- 2.5.8. Key Recommendations and Analysis
- 2.5.9. A Way Forward
- 2.1. Global Electric Two Wheelers Market Outlook
- 3. Industry Data and Premium Insights
- 3.1. Global Electric Vehicle Overview, 2025
- 3.1.1. Industry Ecosystem Analysis
- 3.1.2. Key Trends for Electric Vehicle Industry
- 3.1.3. Regional Distribution for EV
- 3.2. Supplier Customer Data
- 3.3. Technology Roadmap and Developments
- 3.4. Trade Analysis
- 3.4.1. Import & Export Analysis, 2025
- 3.4.2. Top Importing Countries
- 3.4.3. Top Exporting Countries
- 3.5. Trump Tariff Impact Analysis
- 3.5.1. Manufacturer
- 3.5.1.1. Based on the component & Raw material
- 3.5.2. Supply Chain
- 3.5.3. End Consumer
- 3.5.1. Manufacturer
- 3.6. Raw Material Analysis
- 3.1. Global Electric Vehicle Overview, 2025
- 4. Market Overview
- 4.1. Market Dynamics
- 4.1.1. Drivers
- 4.1.1.1. Government Incentives and Policies
- 4.1.1.2. Rising Fuel Prices and Environmental Concerns
- 4.1.1.3. Advancements in Battery Technology
- 4.1.2. Restraints
- 4.1.2.1. Limited Charging Infrastructure
- 4.1.1. Drivers
- 4.2. Key Trend Analysis
- 4.3. Regulatory Framework
- 4.3.1. Key Regulations, Norms, and Subsidies, by Key Countries
- 4.3.2. Tariffs and Standards
- 4.3.3. Impact Analysis of Regulations on the Market
- 4.4. Value Chain Analysis
- 4.4.1. Component Suppliers
- 4.4.2. Electric Two Wheelers Manufacturers
- 4.4.3. Dealers/ Distributors
- 4.4.4. End-users/ Customers
- 4.5. Cost Structure Analysis
- 4.5.1. Parameter’s Share for Cost Associated
- 4.5.2. COGP vs COGS
- 4.5.3. Profit Margin Analysis
- 4.6. Pricing Analysis
- 4.6.1. Regional Pricing Analysis
- 4.6.2. Segmental Pricing Trends
- 4.6.3. Factors Influencing Pricing
- 4.7. Porter’s Five Forces Analysis
- 4.8. PESTEL Analysis
- 4.9. Global Electric Two Wheelers Market Demand
- 4.9.1. Historical Market Size - in Volume (Mn Units) and Value (US$ Bn), 2020-2024
- 4.9.2. Current and Future Market Size - in Volume (Mn Units) and Value (US$ Bn), 2025–2035
- 4.9.2.1. Y-o-Y Growth Trends
- 4.9.2.2. Absolute $ Opportunity Assessment
- 4.1. Market Dynamics
- 5. Competition Landscape
- 5.1. Competition structure
- 5.1.1. Fragmented v/s consolidated
- 5.2. Company Share Analysis, 2025
- 5.2.1. Global Company Market Share
- 5.2.2. By Region
- 5.2.2.1. North America
- 5.2.2.2. Europe
- 5.2.2.3. Asia Pacific
- 5.2.2.4. Middle East
- 5.2.2.5. Africa
- 5.2.2.6. South America
- 5.3. Product Comparison Matrix
- 5.3.1. Specifications
- 5.3.2. Market Positioning
- 5.3.3. Pricing
- 5.1. Competition structure
- 6. Global Electric Two Wheelers Market Analysis, by Vehicle Type
- 6.1. Key Segment Analysis
- 6.2. Electric Two Wheelers Market Size (Volume - Mn Units and Value - US$ Bn), Analysis, and Forecasts, by Vehicle Type, 2020-2035
- 6.2.1. Electric Scooter/ Moped
- 6.2.1.1. Standard e-scooters
- 6.2.1.2. Maxi e-scooters
- 6.2.1.3. Retro e-scooters
- 6.2.1.4. Folding e-scooters
- 6.2.2. Electric Motorcycle
- 6.2.2.1. Sports
- 6.2.2.2. Cruiser
- 6.2.2.3. Touring
- 6.2.2.4. Off-road
- 6.2.1. Electric Scooter/ Moped
- 7. Global Electric Two Wheelers Market Analysis, by Technology
- 7.1. Key Segment Analysis
- 7.2. Electric Two Wheelers Market Size (Volume - Mn Units and Value - US$ Bn), Analysis, and Forecasts, by Technology, 2020-2035
- 7.2.1. Plug-in
- 7.2.2. Battery
- 7.2.3. Hybrid
- 8. Global Electric Two Wheelers Market Analysis, by Battery Type
- 8.1. Key Segment Analysis
- 8.2. Electric Two Wheelers Market Size (Volume - Mn Units and Value - US$ Bn), Analysis, and Forecasts, by Battery Type, 2020-2035
- 8.2.1. Lithium-ion Battery
- 8.2.1.1. NMC (Nickel Manganese Cobalt)
- 8.2.1.2. LFP (Lithium Iron Phosphate)
- 8.2.1.3. NCA (Nickel Cobalt Aluminum)
- 8.2.2. Lead-Acid Battery
- 8.2.3. Solid-State Battery
- 8.2.4. Nickel-Metal Hydride Battery
- 8.2.5. Others
- 8.2.1. Lithium-ion Battery
- 9. Global Electric Two Wheelers Market Analysis, by Battery Capacity
- 9.1. Key Segment Analysis
- 9.2. Electric Two Wheelers Market Size (Volume - Mn Units and Value - US$ Bn), Analysis, and Forecasts, by Battery Capacity, 2020-2035
- 9.2.1. Less than 2 kWh
- 9.2.2. 2 - 5 kWh
- 9.2.3. More than 5 kWh
- 10. Global Electric Two Wheelers Market Analysis, by Power Output
- 10.1. Key Segment Analysis
- 10.2. Electric Two Wheelers Market Size (Volume - Mn Units and Value - US$ Bn), Analysis, and Forecasts, by Power Output, 2020-2035
- 10.2.1. Less than 3 kW
- 10.2.2. 3–5 kW
- 10.2.3. 6–10 kW
- 10.2.4. More than 10 kW
- 11. Global Electric Two Wheelers Market Analysis, by Voltage Type
- 11.1. Key Segment Analysis
- 11.2. Electric Two Wheelers Market Size (Volume - Mn Units and Value - US$ Bn), Analysis, and Forecasts, by Voltage Type, 2020-2035
- 11.2.1. 36 V
- 11.2.2. 48 V
- 11.2.3. 60 V
- 11.2.4. 72 V
- 11.2.5. Above 72 V
- 12. Global Electric Two Wheelers Market Analysis, by Distance Covered
- 12.1. Key Segment Analysis
- 12.2. Electric Two Wheelers Market Size (Volume - Mn Units and Value - US$ Bn), Analysis, and Forecasts, by Distance Covered, 2020-2035
- 12.2.1. Below 75 Miles
- 12.2.2. 75 - 100 Miles
- 12.2.3. Above 100 Miles
- 13. Global Electric Two Wheelers Market Analysis, by Usage/Application
- 13.1. Key Segment Analysis
- 13.2. Electric Two Wheelers Market Size (Volume - Mn Units and Value - US$ Bn), Analysis, and Forecasts, by Usage/Application, 2020-2035
- 13.2.1. Personal Mobility
- 13.2.2. Commercial Use
- 13.2.2.1. E-commerce and delivery (last-mile)
- 13.2.2.2. Ride-sharing and rental fleets
- 13.2.2.3. Government/public sector fleets
- 13.2.3. Sports and Off-Road
- 13.2.4. Others (Institutional Use, etc.)
- 14. Global Electric Two Wheelers Market Analysis, by Distribution Channel
- 14.1. Key Segment Analysis
- 14.2. Electric Two Wheelers Market Size (Volume - Mn Units and Value - US$ Bn), Analysis, and Forecasts, by Distribution Channel, 2020-2035
- 14.2.1. Online Retail
- 14.2.2. Offline/Traditional Dealerships
- 14.2.3. OEM Direct Sales
- 15. Global Electric Two Wheelers Market Analysis and Forecasts, by Region
- 15.1. Key Findings
- 15.2. Electric Two Wheelers Market Size (Volume - Mn Units and Value - US$ Mn), Analysis, and Forecasts, by Region, 2020-2035
- 15.2.1. North America
- 15.2.2. Europe
- 15.2.3. Asia Pacific
- 15.2.4. Middle East
- 15.2.5. Africa
- 15.2.6. South America
- 16. North America Electric Two Wheelers Market Analysis
- 16.1. Key Segment Analysis
- 16.2. Regional Snapshot
- 16.3. North America Electric Two Wheelers Market Size Volume - Mn Units and Value - US$ Bn), Analysis, and Forecasts, 2020-2035
- 16.3.1. Mounting Type
- 16.3.2. Technology
- 16.3.3. Battery Type
- 16.3.4. Battery Capacity
- 16.3.5. Power Output
- 16.3.6. Voltage Type
- 16.3.7. Distance Covered
- 16.3.8. Usage/Application
- 16.3.9. Distribution Channel
- 16.3.10. Country
- 16.3.10.1. USA
- 16.3.10.2. Canada
- 16.3.10.3. Mexico
- 16.4. USA Electric Two Wheelers Market
- 16.4.1. Country Segmental Analysis
- 16.4.2. Mounting Type
- 16.4.3. Technology
- 16.4.4. Battery Type
- 16.4.5. Battery Capacity
- 16.4.6. Power Output
- 16.4.7. Voltage Type
- 16.4.8. Distance Covered
- 16.4.9. Usage/Application
- 16.4.10. Distribution Channel
- 16.5. Canada Electric Two Wheelers Market
- 16.5.1. Country Segmental Analysis
- 16.5.2. Mounting Type
- 16.5.3. Technology
- 16.5.4. Battery Type
- 16.5.5. Battery Capacity
- 16.5.6. Power Output
- 16.5.7. Voltage Type
- 16.5.8. Distance Covered
- 16.5.9. Usage/Application
- 16.5.10. Distribution Channel
- 16.6. Mexico Electric Two Wheelers Market
- 16.6.1. Country Segmental Analysis
- 16.6.2. Mounting Type
- 16.6.3. Technology
- 16.6.4. Battery Type
- 16.6.5. Battery Capacity
- 16.6.6. Power Output
- 16.6.7. Voltage Type
- 16.6.8. Distance Covered
- 16.6.9. Usage/Application
- 16.6.10. Distribution Channel
- 17. Europe Electric Two Wheelers Market Analysis
- 17.1. Key Segment Analysis
- 17.2. Regional Snapshot
- 17.3. Europe Electric Two Wheelers Market Size (Volume - Mn Units and Value - US$ Bn), Analysis, and Forecasts, 2020-2035
- 17.3.1. Mounting Type
- 17.3.2. Technology
- 17.3.3. Battery Type
- 17.3.4. Battery Capacity
- 17.3.5. Power Output
- 17.3.6. Voltage Type
- 17.3.7. Distance Covered
- 17.3.8. Usage/Application
- 17.3.9. Distribution Channel
- 17.3.10. Country
- 17.3.10.1. Germany
- 17.3.10.2. United Kingdom
- 17.3.10.3. France
- 17.3.10.4. Italy
- 17.3.10.5. Spain
- 17.3.10.6. Netherlands
- 17.3.10.7. Nordic Countries
- 17.3.10.8. Poland
- 17.3.10.9. Russia & CIS
- 17.3.10.10. Rest of Europe
- 17.4. Germany Electric Two Wheelers Market
- 17.4.1. Country Segmental Analysis
- 17.4.2. Mounting Type
- 17.4.3. Technology
- 17.4.4. Battery Type
- 17.4.5. Battery Capacity
- 17.4.6. Power Output
- 17.4.7. Voltage Type
- 17.4.8. Distance Covered
- 17.4.9. Usage/Application
- 17.4.10. Distribution Channel
- 17.5. United Kingdom Electric Two Wheelers Market
- 17.5.1. Country Segmental Analysis
- 17.5.2. Mounting Type
- 17.5.3. Technology
- 17.5.4. Battery Type
- 17.5.5. Battery Capacity
- 17.5.6. Power Output
- 17.5.7. Voltage Type
- 17.5.8. Distance Covered
- 17.5.9. Usage/Application
- 17.5.10. Distribution Channel
- 17.6. France Electric Two Wheelers Market
- 17.6.1. Country Segmental Analysis
- 17.6.2. Mounting Type
- 17.6.3. Technology
- 17.6.4. Battery Type
- 17.6.5. Battery Capacity
- 17.6.6. Power Output
- 17.6.7. Voltage Type
- 17.6.8. Distance Covered
- 17.6.9. Usage/Application
- 17.6.10. Distribution Channel
- 17.7. Italy Electric Two Wheelers Market
- 17.7.1. Country Segmental Analysis
- 17.7.2. Mounting Type
- 17.7.3. Technology
- 17.7.4. Battery Type
- 17.7.5. Battery Capacity
- 17.7.6. Power Output
- 17.7.7. Voltage Type
- 17.7.8. Distance Covered
- 17.7.9. Usage/Application
- 17.7.10. Distribution Channel
- 17.8. Spain Electric Two Wheelers Market
- 17.8.1. Country Segmental Analysis
- 17.8.2. Mounting Type
- 17.8.3. Technology
- 17.8.4. Battery Type
- 17.8.5. Battery Capacity
- 17.8.6. Power Output
- 17.8.7. Voltage Type
- 17.8.8. Distance Covered
- 17.8.9. Usage/Application
- 17.8.10. Distribution Channel
- 17.9. Netherlands Electric Two Wheelers Market
- 17.9.1. Country Segmental Analysis
- 17.9.2. Mounting Type
- 17.9.3. Technology
- 17.9.4. Battery Type
- 17.9.5. Battery Capacity
- 17.9.6. Power Output
- 17.9.7. Voltage Type
- 17.9.8. Distance Covered
- 17.9.9. Usage/Application
- 17.9.10. Distribution Channel
- 17.10. Nordic Countries Electric Two Wheelers Market
- 17.10.1. Country Segmental Analysis
- 17.10.2. Mounting Type
- 17.10.3. Technology
- 17.10.4. Battery Type
- 17.10.5. Battery Capacity
- 17.10.6. Power Output
- 17.10.7. Voltage Type
- 17.10.8. Distance Covered
- 17.10.9. Usage/Application
- 17.10.10. Distribution Channel
- 17.11. Poland Electric Two Wheelers Market
- 17.11.1. Country Segmental Analysis
- 17.11.2. Mounting Type
- 17.11.3. Technology
- 17.11.4. Battery Type
- 17.11.5. Battery Capacity
- 17.11.6. Power Output
- 17.11.7. Voltage Type
- 17.11.8. Distance Covered
- 17.11.9. Usage/Application
- 17.11.10. Distribution Channel
- 17.12. Russia & CIS Electric Two Wheelers Market
- 17.12.1. Country Segmental Analysis
- 17.12.2. Mounting Type
- 17.12.3. Technology
- 17.12.4. Battery Type
- 17.12.5. Battery Capacity
- 17.12.6. Power Output
- 17.12.7. Voltage Type
- 17.12.8. Distance Covered
- 17.12.9. Usage/Application
- 17.12.10. Distribution Channel
- 17.13. Rest of Europe Electric Two Wheelers Market
- 17.13.1. Country Segmental Analysis
- 17.13.2. Mounting Type
- 17.13.3. Technology
- 17.13.4. Battery Type
- 17.13.5. Battery Capacity
- 17.13.6. Power Output
- 17.13.7. Voltage Type
- 17.13.8. Distance Covered
- 17.13.9. Usage/Application
- 17.13.10. Distribution Channel
- 18. Asia Pacific Electric Two Wheelers Market Analysis
- 18.1. Key Segment Analysis
- 18.2. Regional Snapshot
- 18.3. East Asia Electric Two Wheelers Market Size (Volume - Mn Units and Value - US$ Bn), Analysis, and Forecasts, 2020-2035
- 18.3.1. Mounting Type
- 18.3.2. Technology
- 18.3.3. Battery Type
- 18.3.4. Battery Capacity
- 18.3.5. Power Output
- 18.3.6. Voltage Type
- 18.3.7. Distance Covered
- 18.3.8. Usage/Application
- 18.3.9. Distribution Channel
- 18.3.10. Country
- 18.3.10.1. China
- 18.3.10.2. India
- 18.3.10.3. Japan
- 18.3.10.4. South Korea
- 18.3.10.5. Australia and New Zealand
- 18.3.10.6. Indonesia
- 18.3.10.7. Malaysia
- 18.3.10.8. Thailand
- 18.3.10.9. Vietnam
- 18.3.10.10. Rest of Asia Pacific
- 18.4. China Electric Two Wheelers Market
- 18.4.1. Country Segmental Analysis
- 18.4.2. Mounting Type
- 18.4.3. Technology
- 18.4.4. Battery Type
- 18.4.5. Battery Capacity
- 18.4.6. Power Output
- 18.4.7. Voltage Type
- 18.4.8. Distance Covered
- 18.4.9. Usage/Application
- 18.4.10. Distribution Channel
- 18.5. India Electric Two Wheelers Market
- 18.5.1. Country Segmental Analysis
- 18.5.2. Mounting Type
- 18.5.3. Technology
- 18.5.4. Battery Type
- 18.5.5. Battery Capacity
- 18.5.6. Power Output
- 18.5.7. Voltage Type
- 18.5.8. Distance Covered
- 18.5.9. Usage/Application
- 18.5.10. Distribution Channel
- 18.6. Japan Electric Two Wheelers Market
- 18.6.1. Country Segmental Analysis
- 18.6.2. Mounting Type
- 18.6.3. Technology
- 18.6.4. Battery Type
- 18.6.5. Battery Capacity
- 18.6.6. Power Output
- 18.6.7. Voltage Type
- 18.6.8. Distance Covered
- 18.6.9. Usage/Application
- 18.6.10. Distribution Channel
- 18.7. South Korea Electric Two Wheelers Market
- 18.7.1. Country Segmental Analysis
- 18.7.2. Mounting Type
- 18.7.3. Technology
- 18.7.4. Battery Type
- 18.7.5. Battery Capacity
- 18.7.6. Power Output
- 18.7.7. Voltage Type
- 18.7.8. Distance Covered
- 18.7.9. Usage/Application
- 18.7.10. Distribution Channel
- 18.8. Australia and New Zealand Electric Two Wheelers Market
- 18.8.1. Country Segmental Analysis
- 18.8.2. Mounting Type
- 18.8.3. Technology
- 18.8.4. Battery Type
- 18.8.5. Battery Capacity
- 18.8.6. Power Output
- 18.8.7. Voltage Type
- 18.8.8. Distance Covered
- 18.8.9. Usage/Application
- 18.8.10. Distribution Channel
- 18.9. Indonesia Electric Two Wheelers Market
- 18.9.1. Country Segmental Analysis
- 18.9.2. Mounting Type
- 18.9.3. Technology
- 18.9.4. Battery Type
- 18.9.5. Battery Capacity
- 18.9.6. Power Output
- 18.9.7. Voltage Type
- 18.9.8. Distance Covered
- 18.9.9. Usage/Application
- 18.9.10. Distribution Channel
- 18.10. Malaysia Electric Two Wheelers Market
- 18.10.1. Country Segmental Analysis
- 18.10.2. Mounting Type
- 18.10.3. Technology
- 18.10.4. Battery Type
- 18.10.5. Battery Capacity
- 18.10.6. Power Output
- 18.10.7. Voltage Type
- 18.10.8. Distance Covered
- 18.10.9. Usage/Application
- 18.10.10. Distribution Channel
- 18.11. Thailand Electric Two Wheelers Market
- 18.11.1. Country Segmental Analysis
- 18.11.2. Mounting Type
- 18.11.3. Technology
- 18.11.4. Battery Type
- 18.11.5. Battery Capacity
- 18.11.6. Power Output
- 18.11.7. Voltage Type
- 18.11.8. Distance Covered
- 18.11.9. Usage/Application
- 18.11.10. Distribution Channel
- 18.12. Vietnam Electric Two Wheelers Market
- 18.12.1. Country Segmental Analysis
- 18.12.2. Mounting Type
- 18.12.3. Technology
- 18.12.4. Battery Type
- 18.12.5. Battery Capacity
- 18.12.6. Power Output
- 18.12.7. Voltage Type
- 18.12.8. Distance Covered
- 18.12.9. Usage/Application
- 18.12.10. Distribution Channel
- 18.13. Rest of Asia Pacific Electric Two Wheelers Market
- 18.13.1. Country Segmental Analysis
- 18.13.2. Mounting Type
- 18.13.3. Technology
- 18.13.4. Battery Type
- 18.13.5. Battery Capacity
- 18.13.6. Power Output
- 18.13.7. Voltage Type
- 18.13.8. Distance Covered
- 18.13.9. Usage/Application
- 18.13.10. Distribution Channel
- 19. Middle East Electric Two Wheelers Market Analysis
- 19.1. Key Segment Analysis
- 19.2. Regional Snapshot
- 19.3. Middle East Electric Two Wheelers Market Size (Volume - Mn Units and Value - US$ Bn), Analysis, and Forecasts, 2020-2035
- 19.3.1. Mounting Type
- 19.3.2. Technology
- 19.3.3. Battery Type
- 19.3.4. Battery Capacity
- 19.3.5. Power Output
- 19.3.6. Voltage Type
- 19.3.7. Distance Covered
- 19.3.8. Usage/Application
- 19.3.9. Distribution Channel
- 19.3.10. Country
- 19.3.10.1. Turkey
- 19.3.10.2. UAE
- 19.3.10.3. Saudi Arabia
- 19.3.10.4. Israel
- 19.3.10.5. Rest of Middle East
- 19.4. Turkey Electric Two Wheelers Market
- 19.4.1. Country Segmental Analysis
- 19.4.2. Mounting Type
- 19.4.3. Technology
- 19.4.4. Battery Type
- 19.4.5. Battery Capacity
- 19.4.6. Power Output
- 19.4.7. Voltage Type
- 19.4.8. Distance Covered
- 19.4.9. Usage/Application
- 19.4.10. Distribution Channel
- 19.5. UAE Electric Two Wheelers Market
- 19.5.1. Country Segmental Analysis
- 19.5.2. Mounting Type
- 19.5.3. Technology
- 19.5.4. Battery Type
- 19.5.5. Battery Capacity
- 19.5.6. Power Output
- 19.5.7. Voltage Type
- 19.5.8. Distance Covered
- 19.5.9. Usage/Application
- 19.5.10. Distribution Channel
- 19.6. Saudi Arabia Electric Two Wheelers Market
- 19.6.1. Country Segmental Analysis
- 19.6.2. Mounting Type
- 19.6.3. Technology
- 19.6.4. Battery Type
- 19.6.5. Battery Capacity
- 19.6.6. Power Output
- 19.6.7. Voltage Type
- 19.6.8. Distance Covered
- 19.6.9. Usage/Application
- 19.6.10. Distribution Channel
- 19.7. Israel Electric Two Wheelers Market
- 19.7.1. Country Segmental Analysis
- 19.7.2. Mounting Type
- 19.7.3. Technology
- 19.7.4. Battery Type
- 19.7.5. Battery Capacity
- 19.7.6. Power Output
- 19.7.7. Voltage Type
- 19.7.8. Distance Covered
- 19.7.9. Usage/Application
- 19.7.10. Distribution Channel
- 19.8. Rest of Middle East Electric Two Wheelers Market
- 19.8.1. Country Segmental Analysis
- 19.8.2. Mounting Type
- 19.8.3. Technology
- 19.8.4. Battery Type
- 19.8.5. Battery Capacity
- 19.8.6. Power Output
- 19.8.7. Voltage Type
- 19.8.8. Distance Covered
- 19.8.9. Usage/Application
- 19.8.10. Distribution Channel
- 20. Africa Electric Two Wheelers Market Analysis
- 20.1. Key Segment Analysis
- 20.2. Regional Snapshot
- 20.3. Africa Electric Two Wheelers Market Size (Volume - Mn Units and Value - US$ Bn), Analysis, and Forecasts, 2020-2035
- 20.3.1. Mounting Type
- 20.3.2. Technology
- 20.3.3. Battery Type
- 20.3.4. Battery Capacity
- 20.3.5. Power Output
- 20.3.6. Voltage Type
- 20.3.7. Distance Covered
- 20.3.8. Usage/Application
- 20.3.9. Distribution Channel
- 20.3.10. Country
- 20.3.10.1. South Africa
- 20.3.10.2. Egypt
- 20.3.10.3. Nigeria
- 20.3.10.4. Algeria
- 20.3.10.5. Rest of Africa
- 20.4. South Africa Electric Two Wheelers Market
- 20.4.1. Country Segmental Analysis
- 20.4.2. Mounting Type
- 20.4.3. Technology
- 20.4.4. Battery Type
- 20.4.5. Battery Capacity
- 20.4.6. Power Output
- 20.4.7. Voltage Type
- 20.4.8. Distance Covered
- 20.4.9. Usage/Application
- 20.4.10. Distribution Channel
- 20.5. Egypt Electric Two Wheelers Market
- 20.5.1. Country Segmental Analysis
- 20.5.2. Mounting Type
- 20.5.3. Technology
- 20.5.4. Battery Type
- 20.5.5. Battery Capacity
- 20.5.6. Power Output
- 20.5.7. Voltage Type
- 20.5.8. Distance Covered
- 20.5.9. Usage/Application
- 20.5.10. Distribution Channel
- 20.6. Nigeria Electric Two Wheelers Market
- 20.6.1. Country Segmental Analysis
- 20.6.2. Mounting Type
- 20.6.3. Technology
- 20.6.4. Battery Type
- 20.6.5. Battery Capacity
- 20.6.6. Power Output
- 20.6.7. Voltage Type
- 20.6.8. Distance Covered
- 20.6.9. Usage/Application
- 20.6.10. Distribution Channel
- 20.7. Algeria Electric Two Wheelers Market
- 20.7.1. Country Segmental Analysis
- 20.7.2. Mounting Type
- 20.7.3. Technology
- 20.7.4. Battery Type
- 20.7.5. Battery Capacity
- 20.7.6. Power Output
- 20.7.7. Voltage Type
- 20.7.8. Distance Covered
- 20.7.9. Usage/Application
- 20.7.10. Distribution Channel
- 20.8. Rest of Africa Electric Two Wheelers Market
- 20.8.1. Country Segmental Analysis
- 20.8.2. Mounting Type
- 20.8.3. Technology
- 20.8.4. Battery Type
- 20.8.5. Battery Capacity
- 20.8.6. Power Output
- 20.8.7. Voltage Type
- 20.8.8. Distance Covered
- 20.8.9. Usage/Application
- 20.8.10. Distribution Channel
- 21. South America Electric Two Wheelers Market Analysis
- 21.1. Key Segment Analysis
- 21.2. Regional Snapshot
- 21.3. Central and South Africa Electric Two Wheelers Market Size (Volume - Mn Units and Value - US$ Bn), Analysis, and Forecasts, 2020-2035
- 21.3.1. Mounting Type
- 21.3.2. Technology
- 21.3.3. Battery Type
- 21.3.4. Battery Capacity
- 21.3.5. Power Output
- 21.3.6. Voltage Type
- 21.3.7. Distance Covered
- 21.3.8. Usage/Application
- 21.3.9. Distribution Channel
- 21.3.10. Country
- 21.3.10.1. Brazil
- 21.3.10.2. Argentina
- 21.3.10.3. Rest of South America
- 21.4. Brazil Electric Two Wheelers Market
- 21.4.1. Country Segmental Analysis
- 21.4.2. Mounting Type
- 21.4.3. Technology
- 21.4.4. Battery Type
- 21.4.5. Battery Capacity
- 21.4.6. Power Output
- 21.4.7. Voltage Type
- 21.4.8. Distance Covered
- 21.4.9. Usage/Application
- 21.4.10. Distribution Channel
- 21.5. Argentina Electric Two Wheelers Market
- 21.5.1. Country Segmental Analysis
- 21.5.2. Mounting Type
- 21.5.3. Technology
- 21.5.4. Battery Type
- 21.5.5. Battery Capacity
- 21.5.6. Power Output
- 21.5.7. Voltage Type
- 21.5.8. Distance Covered
- 21.5.9. Usage/Application
- 21.5.10. Distribution Channel
- 21.6. Rest of South America Electric Two Wheelers Market
- 21.6.1. Country Segmental Analysis
- 21.6.2. Mounting Type
- 21.6.3. Technology
- 21.6.4. Battery Type
- 21.6.5. Battery Capacity
- 21.6.6. Power Output
- 21.6.7. Voltage Type
- 21.6.8. Distance Covered
- 21.6.9. Usage/Application
- 21.6.10. Distribution Channel
- 22. Key Players/ Company Profile
- 22.1. Ather Energy
- 22.1.1. Company Details/ Overview
- 22.1.2. Company Financials
- 22.1.3. Key Customers and Competitors
- 22.1.4. Business/ Industry Portfolio
- 22.1.5. Product Portfolio/ Specification Details
- 22.1.6. Pricing Data
- 22.1.7. Strategic Overview
- 22.1.8. Recent Developments
- 22.2. Bajaj Auto Ltd.
- 22.3. Energica Motor Company S.p.A.
- 22.4. Gogoro Inc.
- 22.5. Hero Electric
- 22.6. Honda Motor Co., Ltd.
- 22.7. Horwin Global
- 22.8. NIU Technologies
- 22.9. Ola Electric Mobility Pvt. Ltd.
- 22.10. Piaggio Group
- 22.11. Pure EV
- 22.12. Revolt Motors
- 22.13. Segway-Ninebot
- 22.14. Silence Urban Ecomobility
- 22.15. Super Soco
- 22.16. TVS Motor Company
- 22.17. Vmoto Soco Group
- 22.18. Yadea Group Holdings Ltd.
- 22.19. Yamaha Motor Co., Ltd.
- 22.20. Zero Motorcycles Inc.
- 22.21. Other Key Players
- 22.1. Ather Energy
Note* - This is just tentative list of players. While providing the report, we will cover more number of players based on their revenue and share for each geography
Our research design integrates both demand-side and supply-side analysis through a balanced combination of primary and secondary research methodologies. By utilizing both bottom-up and top-down approaches alongside rigorous data triangulation methods, we deliver robust market intelligence that supports strategic decision-making.
MarketGenics' comprehensive research design framework ensures the delivery of accurate, reliable, and actionable market intelligence. Through the integration of multiple research approaches, rigorous validation processes, and expert analysis, we provide our clients with the insights needed to make informed strategic decisions and capitalize on market opportunities.
MarketGenics leverages a dedicated industry panel of experts and a comprehensive suite of paid databases to effectively collect, consolidate, and analyze market intelligence.
Our approach has consistently proven to be reliable and effective in generating accurate market insights, identifying key industry trends, and uncovering emerging business opportunities.
Through both primary and secondary research, we capture and analyze critical company-level data such as manufacturing footprints, including technical centers, R&D facilities, sales offices, and headquarters.
Our expert panel further enhances our ability to estimate market size for specific brands based on validated field-level intelligence.
Our data mining techniques incorporate both parametric and non-parametric methods, allowing for structured data collection, sorting, processing, and cleaning.
Demand projections are derived from large-scale data sets analyzed through proprietary algorithms, culminating in robust and reliable market sizing.
The bottom-up approach builds market estimates by starting with the smallest addressable market units and systematically aggregating them to create comprehensive market size projections.
This method begins with specific, granular data points and builds upward to create the complete market landscape.
Customer Analysis → Segmental Analysis → Geographical Analysis
The top-down approach starts with the broadest possible market data and systematically narrows it down through a series of filters and assumptions to arrive at specific market segments or opportunities.
This method begins with the big picture and works downward to increasingly specific market slices.
TAM → SAM → SOM
While analysing the market, we extensively study secondary sources, directories, and databases to identify and collect information useful for this technical, market-oriented, and commercial report. Secondary sources that we utilize are not only the public sources, but it is combination of Open Source, Associations, Paid Databases, MG Repository & Knowledgebase and Others.
- Company websites, annual reports, financial reports, broker reports, and investor presentations
- National government documents, statistical databases and reports
- News articles, press releases and web-casts specific to the companies operating in the market, Magazines, reports, and others
- We gather information from commercial data sources for deriving company specific data such as segmental revenue, share for geography, product revenue, and others
- Internal and external proprietary databases (industry-specific), relevant patent, and regulatory databases
- Governing Bodies, Government Organizations
- Relevant Authorities, Country-specific Associations for Industries
We also employ the model mapping approach to estimate the product level market data through the players product portfolio
Primary research/ interviews is vital in analyzing the market. Most of the cases involves paid primary interviews. Primary sources includes primary interviews through e-mail interactions, telephonic interviews, surveys as well as face-to-face interviews with the different stakeholders across the value chain including several industry experts.
| Type of Respondents | Number of Primaries |
|---|---|
| Tier 2/3 Suppliers | ~20 |
| Tier 1 Suppliers | ~25 |
| End-users | ~25 |
| Industry Expert/ Panel/ Consultant | ~30 |
| Total | ~100 |
MG Knowledgebase
• Repository of industry blog, newsletter and case studies
• Online platform covering detailed market reports, and company profiles
- Historical Trends – Past market patterns, cycles, and major events that shaped how markets behave over time. Understanding past trends helps predict future behavior.
- Industry Factors – Specific characteristics of the industry like structure, regulations, and innovation cycles that affect market dynamics.
- Macroeconomic Factors – Economic conditions like GDP growth, inflation, and employment rates that affect how much money people have to spend.
- Demographic Factors – Population characteristics like age, income, and location that determine who can buy your product.
- Technology Factors – How quickly people adopt new technology and how much technology infrastructure exists.
- Regulatory Factors – Government rules, laws, and policies that can help or restrict market growth.
- Competitive Factors – Analyzing competition structure such as degree of competition and bargaining power of buyers and suppliers.
Multiple Regression Analysis
- Identify and quantify factors that drive market changes
- Statistical modeling to establish relationships between market drivers and outcomes
Time Series Analysis – Seasonal Patterns
- Understand regular cyclical patterns in market demand
- Advanced statistical techniques to separate trend, seasonal, and irregular components
Time Series Analysis – Trend Analysis
- Identify underlying market growth patterns and momentum
- Statistical analysis of historical data to project future trends
Expert Opinion – Expert Interviews
- Gather deep industry insights and contextual understanding
- In-depth interviews with key industry stakeholders
Multi-Scenario Development
- Prepare for uncertainty by modeling different possible futures
- Creating optimistic, pessimistic, and most likely scenarios
Time Series Analysis – Moving Averages
- Sophisticated forecasting for complex time series data
- Auto-regressive integrated moving average models with seasonal components
Econometric Models
- Apply economic theory to market forecasting
- Sophisticated economic models that account for market interactions
Expert Opinion – Delphi Method
- Harness collective wisdom of industry experts
- Structured, multi-round expert consultation process
Monte Carlo Simulation
- Quantify uncertainty and probability distributions
- Thousands of simulations with varying input parameters
Our research framework is built upon the fundamental principle of validating market intelligence from both demand and supply perspectives. This dual-sided approach ensures comprehensive market understanding and reduces the risk of single-source bias.
Demand-Side Analysis: We understand end-user/application behavior, preferences, and market needs along with the penetration of the product for specific application.
Supply-Side Analysis: We estimate overall market revenue, analyze the segmental share along with industry capacity, competitive landscape, and market structure.
Data triangulation is a validation technique that uses multiple methods, sources, or perspectives to examine the same research question, thereby increasing the credibility and reliability of research findings. In market research, triangulation serves as a quality assurance mechanism that helps identify and minimize bias, validate assumptions, and ensure accuracy in market estimates.
- Data Source Triangulation – Using multiple data sources to examine the same phenomenon
- Methodological Triangulation – Using multiple research methods to study the same research question
- Investigator Triangulation – Using multiple researchers or analysts to examine the same data
- Theoretical Triangulation – Using multiple theoretical perspectives to interpret the same data
