Executive Summary
According to Azoth Analytics research report, the Global Electric Two Wheel (E2W) Vehicles Market is projected to display significant growth and was valued at USD 51.22 Billion in the year 2020 with APAC region leading the regional market share.
Growth in the Electric Two Wheel (E2W) Vehicles Market is mainly driven by growing environmental concerns and the active steps taken by various governments towards zero emission laws, thereby reducing the carbon emissions in the environment.
Increasing e-scooters and e-motorcycles demand is expected to boost the demand of Electric Two Wheel (E2W) Vehicles market. Meanwhile, the demand is offset by inappropriate charging infrastructure. However, there is growing efforts by companies to boost the electric vehicles infrastructure along with charging points to combat the barriers. Moreover, rising expenditure by the government, carbon emission regulation policies and investments by leading OEMs is boosting the need for Electric Two Wheel (E2W) Vehicles in the industry, which is, in turn, driving the market demand.
COVID-19 has accelerated a trend towards individual mobility solutions and this led to a rising demand of powered two wheelers. This has helped the electric two wheelers gain a strong market share in the world. There has been a behavioural change among the people towards mobility due to the rising environmental concern and this can be directly seen with the sudden boom of electric two wheelers market after the lockdown and restrictions were uplifted.
Scope of the Report
• The report presents the analysis of Electric Vehicles (EV) market for the historical period of 2016-2020 and the forecast period of 2021-2026.
• The report analyses the Electric Two Wheel (E2W) Vehicles Market by value (USD Billion).
• The report analyses the Electric Two Wheel (E2W) Vehicles Market by Product Type (E-bike, E-scooters, E-motorcycles).
• The report analyses the Electric Two Wheel (E2W) Vehicles Market by Battery Type (Lead acid battery, Lithium-ion battery).
• The report analyses the Electric Two Wheel (E2W) Vehicles Market by End User (Personal Use and Commercial Use).
• The Global Electric Two Wheel (E2W) Vehicles Market has been analysed By Region (Americas, Europe, Asia Pacific, LAMEA).
• The Global Electric Two Wheel (E2W) Vehicles Market has been analysed By Country (United States, Canada, Germany, France, United Kingdom, Netherlands, Norway, China, Taiwan, India).
• The key insights of the report have been presented through the frameworks of SWOT and Porter's Five Forces Analysis. Also, the attractiveness of the market has been presented by region, by Product Type, by Battery Type and End User.
• Also, the major opportunities, trends, drivers and challenges of the industry has been analysed in the report.
• The report tracks competitive developments, strategies, mergers and acquisitions and new product development. The companies analysed in the report include Pierer Mobility AG, hGears AG, Topkey Corporations, Sona BLW Precision Forgings, Harley-Davidson, Inc., Yamaha Motor Co., Ltd., Merida Industry Co., Ltd., Yadea Group Holdings Ltd., NIU Technologies, Robert Bosch GmbH.
Key Target Audience
• Electric Two Wheel (E2W) Vehicle Manufacturers
• Electric Vehicle (EV) Manufacturers
• Consulting and Advisory Firms
• Government and Policy Makers
• Regulatory Authorities
List of Figures
Figure 1: Global Electric Two Wheel (E2W) Vehicles Market Size, By Value, 2016-2026 (USD Billion)
Figure 2: Global Lithium consumption by country, 2019
Figure 3: Global population (Billion), 2016-2020
Figure 4: Global carbon fibre (Thousand tonnes) 2016-20
Figure 5: Global carbon dioxide emissions (million tonnes) 2016-20
Figure 6: Share of new sales of motorcycles, scooters and mopeds, (2016-2020)
Figure 7: Lithium batteries price, weighted means, (USD/kWh), 2016-2020
Figure 8: Global Electric Two Wheel (E2W) Vehicles Market- By Product Type Market Share, 2020 & 2026
Figure 9: Global Electric Two Wheel (E2W) Vehicles Market- By Electric Bikes, By Value (USD Billion), 2016-2026
Figure 10: Global Electric Two Wheel (E2W) Vehicles Market: By E-scooters and E-Motorcycles, By Value (USD Billion), 2016-2026
Figure 11: Global Electric Two Wheel (E2W) Vehicles Market - By Battery Type Market Share, 2020 & 2026
Figure 12: Global Electric Two Wheel (E2W) Vehicles Market- By Lithium-ion battery, By Value (USD Billion), 2016-2026
Figure 13: Global Electric Two Wheel (E2W) Vehicles Market Size, By Value, 2016-2026 (USD Billion)
Figure 14: Global Electric Two Wheel (E2W) Vehicles Market - By End User Market Share, 2020 & 2026
Figure 15: Global Electric Two Wheel (E2W) Vehicles Market- By Personal Use, By Value (USD Billion), 2016-2026
Figure 16: Global Electric Two Wheel (E2W) Vehicles Market- By Commercial Use, By Value (USD Billion), 2016-2026
Figure 17: Global Electric Two Wheel (E2W) Vehicles Market- By Region Market Share, 2020 & 2026
Figure 18: North America Electric Two Wheel (E2W) Vehicles Market Size, By Value, 2016-2026 (USD Billion)
Figure 19: North America carbon dioxide emissions (in million tonnes), 2016-2020
Figure 20: North America population (in millions), 2016-20
Figure 21: North America Electric Vehicle Charging station market size (USD Million), 2016-2020
Figure 22: North America Electric Vehicle Charging station market size (USD Million), 2021-2025
Figure 23: North America Electric Two Wheel (E2W) Vehicles Market- By Product Type, By Value (USD Billion), 2016-2026
Figure 24: North America Electric Two Wheel (E2W) Vehicles Market- By Battery Type, By Value (USD Billion), 2016-2026
Figure 25: North America Electric Two Wheel (E2W) Vehicles Market- By End User, By Value (USD Billion), 2016-2026
Figure 26: North America EV charging market station by charger type (USD Million), 2020-2025
Figure 27: North America Electric Vehicle Charging Stations Market, By Company, 2023F
Figure 28: Market Opportunity Chart of North America Electric Two Wheel (E2W) Vehicles Market- By Country, By Value (Year-2026)
Figure 29: North America Electric Two Wheel (E2W) Vehicles Market- By Country Market Share, 2020 & 2026
Figure 30: United States Electric Two Wheel (E2W) Vehicles Market Size, By Value, 2016-2026 (USD Billion)
Figure 31: United States population (in millions), 2016-20
Figure 32: U.S Electric Vehicle Charging Stations Market, By Company, 2023F (%)
Figure 33: U.S. carbon dioxide emissions, 2016-2020 (Million tonnes)
Figure 34: U.S. Electric Vehicle Charging Station Market: By Charger Type, By Value, 2020-2025 (USD Million)
Figure 35: United States Electric Two Wheel (E2W) Vehicles Market- By Product Type, By Value (USD Billion), 2016-2026
Figure 36: United States Electric Two Wheel (E2W) Vehicles Market- By Battery Type, By Value (USD Billion), 2016-2026
Figure 37: United States Electric Two Wheel (E2W) Vehicles Market- By End User, By Value (USD Billion), 2016-2026
Figure 38: Canada Electric Two Wheel (E2W) Vehicles Market Size, By Value, 2016-2026 (USD Billion)
Figure 39: Canada population (in millions), 2016-20
Figure 40: Canada Electric Vehicle Charging Stations Market Size, By Company, 2023 (%)
Figure 41: Canada carbon dioxide emissions (Million tonnes), 2016-2020
Figure 42: Canada Electric Vehicle Charging Station Market: By Charger Type, By Value, 2020-2025 (USD Million)
Figure 43: Canada Electric Two Wheel (E2W) Vehicles Market- By Product Type, By Value (USD Billion), 2016-2026
Figure 44: Canada Electric Two Wheel (E2W) Vehicles Market- By Battery Type, By Value (USD Billion), 2016-2026
Figure 45: Canada Electric Two Wheel (E2W) Vehicles Market- By End User, By Value (USD Billion), 2016-2026
Figure 46: Europe Electric Two Wheel (E2W) Vehicles Market Size, By Value, 2016-2026 (USD Billion)
Figure 47: European green deal, 100% CO2 reduction, 1990-2050
Figure 48: Europe carbon dioxide emissions (in million tonnes), 2016-20
Figure 49: Europe population (in Millions), 2016-2020
Figure 50: Europe Lithium EV Battery Market Size, By Value, 2020-2025 (USD Million)
Figure 51: Europe electric bikes trade (in units), 2019-2020
Figure 52: Europe E-bikes market (Million units), 2015-2019
Figure 53: Europe Electric Two Wheel (E2W) Vehicles Market- By Product Type, By Value (USD Billion), 2016-2026
Figure 54: Europe Electric Two Wheel (E2W) Vehicles Market- By Battery Type, By Value (USD Billion), 2016-2026
Figure 55: Europe Electric Two Wheel (E2W) Vehicles Market- By End User, By Value (USD Billion), 2016-2026
Figure 56: Europe EV penetration rate (2016-2025)
Figure 57: Europe EV penetration rate by type (2016-2025)
Figure 58: Market Opportunity Chart of Europe Electric Two Wheel (E2W) Vehicles Market- By Country, By Value (Year-2026)
Figure 59: Europe Electric Two Wheel (E2W) Vehicles Market- By Country Market Share, 2020 & 2026
Figure 60: Germany Electric Two Wheel (E2W) Vehicles Market Size, By Value, 2016-2026 (USD Billion)
Figure 61: Germany population (in millions), 2016-2020
Figure 62: Germany Bicycle production, 2018-2020, (in million units)
Figure 63: Germany Bike market, 2019
Figure 64: Germany carbon dioxide emissions (in million tonnes), 2016-2020
Figure 65: Germany Electric Two Wheel (E2W) Vehicles Market- By Product Type, By Value (USD Billion), 2016-2026
Figure 66: Germany Electric Two Wheel (E2W) Vehicles Market- By Battery Type, By Value (USD Billion), 2016-2026
Figure 67: Germany Electric Two Wheel (E2W) Vehicles Market- By End User, By Value (USD Billion), 2016-2026
Figure 68: France Electric Two Wheel (E2W) Vehicles Market Size, By Value, 2016-2026 (USD Billion)
Figure 69: France New electric motorized two wheeler registrations, 2017-2020
Figure 70: France: Number of EV charging stations, By type, 2020
Figure 71: France population (in Millions), 2016-2020
Figure 72: France carbon dioxide emissions, (million tonnes), 2016-2020
Figure 73: France Electric Two Wheel (E2W) Vehicles Market- By Product Type, By Value (USD Billion), 2016-2026
Figure 74: France Electric Two Wheel (E2W) Vehicles Market- By Battery Type, By Value (USD billion), 2016-2026
Figure 75: France Electric Two Wheel (E2W) Vehicles Market- By End User, By Value (USD Billion), 2016-2026
Figure 76: United Kingdom Electric Two Wheel (E2W) Vehicles Market Size, By Value, 2016-2026 (USD Billion)
Figure 77: United Kingdom population (in millions), 2016-2020
Figure 78: United Kingdom EV charging stations, 2015-2020
Figure 79: United Kingdom interest in buying electric vehicles
Figure 80: France carbon dioxide emissions (in million tonnes), 2016-2020
Figure 81: United Kingdom Electric Two Wheel (E2W) Vehicles Market- By Product Type, By Value (USD Billion), 2016-2026
Figure 82: United Kingdom Electric Two Wheel (E2W) Vehicles Market- By Battery Type, By Value (USD Billion), 2016-2026
Figure 83: United Kingdom Electric Two Wheel (E2W) Vehicles Market- By End User, By Value (USD Billion), 2016-2026
Figure 84: Netherlands Electric Two Wheel (E2W) Vehicles Market Size, By Value, 2016-2026 (USD Billion)
Figure 85: Netherlands population (in Millions), 2016-2020
Figure 86: Netherlands: Number of charging points, December 2020
Figure 87: Netherlands carbon dioxide emissions, (in million tonnes), 2016-2020
Figure 88: Netherlands interest in buying electric vehicles
Figure 89: Netherlands Electric Two Wheel (E2W) Vehicles Market- By Product Type, By Value (USD Billion), 2016-2026
Figure 90: Netherlands Electric Two Wheel (E2W) Vehicles Market- By Battery Type, By Value (USD Billion), 2016-2026
Figure 91: Netherlands Electric Two Wheel (E2W) Vehicles Market- By End User, By Value (USD Billion), 2016-2026
Figure 92: Norway Electric Two Wheel (E2W) Vehicles Market Size, By Value, 2016-2026 (USD Billion)
Figure 93: Norway Carbon dioxide emissions (in million tonnes), 2016-2020
Figure 94: Norway Number of public charging points, 2016-2020
Figure 95: Norway population (in millions), 2016-2020
Figure 96: Norway share of electric vehicles by propulsion type, 2020
Figure 97: Norway Electric Two Wheel (E2W) Vehicles Market- By Product Type, By Value (USD Billion), 2016-2026
Figure 98: Norway Electric Two Wheel (E2W) Vehicles Market- By Battery Type, By Value (USD Billion), 2016-2026
Figure 99: Norway Electric Two Wheel (E2W) Vehicles Market- By End User, By Value (USD Billion), 2016-2026
Figure 100: Asia Pacific Electric Two Wheel (E2W) Vehicles Market Size, By Value, 2016-2026 (USD Billion)
Figure 101: APAC: Ratio of public chargers per EV stock, 2020
Figure 102: APAC carbon dioxide emissions (in million tonnes), 2016-2020
Figure 103: Asia Pacific Lithium EV market, 2019
Figure 104: Asia Pacific EV market by propulsion type, 2020
Figure 105: Asia Pacific Electric Two Wheel (E2W) Vehicles Market- By Product Type, By Value (USD Million), 2016-2026
Figure 106: Asia Pacific Electric Two Wheel (E2W) Vehicles Market- By Battery Type, By Value (USD Billion), 2016-2026
Figure 107: Asia Pacific Electric Two Wheel (E2W) Vehicles Market- By End User, By Value (USD Billion), 2016-2026
Figure 108: Market Opportunity Chart of APAC Electric Two Wheel (E2W) Vehicles Market- By Country, By Value (Year-2026)
Figure 109: APAC Electric Two Wheel (E2W) Vehicles Market- By Country Market Share, 2020 & 2026
Figure 110: China Electric Two Wheel (E2W) Vehicles Market Size, By Value, 2016-2026 (USD Billion)
Figure 111: China Carbon dioxide emissions (million tonnes), 2016-2020
Figure 112: China population (in billions), 2016-2020
Figure 113: China Battery demand (GWh/year), 2016-2020
Figure 114: China Potential electric vehicle buyers, 2020 & 2021
Figure 115: China market growth of e-scooters and e-motorcycles, 2016-2020
Figure 116: China electric vehicle by propulsion type, 2020
Figure 117: China Electric Two Wheel (E2W) Vehicles Market- By Product Type, By Value (USD Billion), 2016-2026
Figure 118: China Electric Two Wheel (E2W) Vehicles Market- By Battery Type, By Value (USD Billion), 2016-2026
Figure 119: China Electric Two Wheel (E2W) Vehicles Market- By End User, By Value (USD Billion), 2016-2026
Figure 120: Taiwan Electric Two Wheel (E2W) Vehicles Market Size, By Value, 2016-2026 (USD Billion)
Figure 121: Taiwan population (in millions), 2016-2020
Figure 122: Taiwan export of e-bikes, 2017
Figure 123: Taiwan carbon dioxide emissions (in million tonnes), 2016-2020
Figure 124: Taiwan e-scooters and e-motorcycles by brand, 2018
Figure 125: Taiwan Electric Two Wheel (E2W) Vehicles Market- By Product Type, By Value (USD Billion), 2016-2026
Figure 126: Taiwan Electric Two Wheel (E2W) Vehicles Market- By Battery Type, By Value (USD Billion), 2016-2026
Figure 127: Taiwan Electric Two Wheel (E2W) Vehicles Market- By End User, By Value (USD Billion), 2016-2026
Figure 128: India Electric Two Wheel (E2W) Vehicles Market Size, By Value, 2016-2026 (USD Billion)
Figure 129: India segment wise EV sales (in thousands), 2019-2020
Figure 130: India carbon dioxide emissions (million tonnes), 2016-2020
Figure 131: Indiaís electric two wheeler market by region, 2020
Figure 132: Indiaís EV penetration rate as a percentage of ICE sales, 2020
Figure 133: India Electric Two Wheel (E2W) Vehicles Market- By Product Type, By Value (USD Billion), 2016-2026
Figure 134: India Electric Two Wheel (E2W) Vehicles Market- By Battery Type, By Value (USD Billion), 2016-2026
Figure 135: India Electric Two Wheel (E2W) Vehicles Market- By End User, By Value (USD Billion), 2016-2026
Figure 136: Market Attractiveness Chart of Global Electric Two Wheel (E2W) Vehicles Market- By Product Type (Year-2026)
Figure 137: Market Attractiveness Chart of Global Electric Two Wheel (E2W) Vehicles Market- By Battery Type (Year-2026)
Figure 138: Market Attractiveness Chart of Global Electric Two Wheel (E2W) Vehicles Market- By End User (Year-2026)
Figure 139: Market Attractiveness Chart of Global Electric Two Wheel (E2W) Vehicles Market- By Region (Year-2026)
Figure 140: Global Electric Two Wheel (E2Ws) Vehicle company market share (%), 2020
Figure 141: Pierer Mobility AG Annual Sales Revenue, 2016-2020 (USD Million)
Figure 142: Pierer Mobility AG Gross Profit, 2017-2020 (USD Million)
Figure 143: Pierer Mobility AG Sales Revenue, By Business Segment (%), FY2020
Figure 144: Pierer Mobility AG Sales Revenue, By Geographical Segment (%), FY2020
Figure 145: hGears AG Annual Sales Revenue, 2018-2020 (USD Million)
Figure 146: hGears AG Net Income, 2018-2020 (USD Million)
Figure 147: hGears AG Sales Revenue, By Business Segment (%), FY2020
Figure 148: hGears AG Sales Revenue, By Geographical Segment (%), FY2020
Figure 149: Topkey Corporations Annual Sales Revenue, 2016-2020 (USD Million)
Figure 150: Topkey Corporations Gross Profit, 2016-2020 (USD Million)
Figure 151: Topkey Corporations Sales Revenue, By Business Segment (%), FY2019
Figure 152: Topkey Corporations Sales Revenue, By Business Segment (%), FY2020
Figure 153: Sona BLW Precision Forgings Annual Sales Revenue, 2017-2020 (USD Million)
Figure 154: Sona BLW Precision Forgings Net Profit, 2017-2020 (USD Million)
Figure 155: Sona BLW Precision Forgings Sales Revenue, By Product Mix (%), FY2021
Figure 156: Sona BLW Precision Forgings Sales Revenue, By Powertrain (%), FY2021
Figure 157: Sona BLW Precision Forgings Sales Revenue, By Vehicle Segment (%), FY2021
Figure 158: Sona BLW Precision Forgings Sales Revenue, By Geographical Segment (%), FY2021
Figure 159: Harley-Davidson, Inc. Annual Sales Revenue, 2016-2020 (USD Million)
Figure 160: Harley-Davidson, Inc. Net Income, 2016-2020 (USD Million)
Figure 161: Harley-Davidson, Inc. Sales Revenue, By Business Segment (%), FY2020
Figure 162: Harley-Davidson, Inc. Motorcycles Revenue, By Geographical Segment (%), FY2020
Figure 163: Yamaha Motor Co., Ltd. Annual Sales Revenue, 2016-2020 (USD Million)
Figure 164: Yamaha Motor Co., Ltd. Net Income, 2016-2020 (USD Million)
Figure 165: Yamaha Motor Co., Ltd. Sales Revenue, By Business Segment (%), FY2020
Figure 166: Yamaha Motor Co., Ltd. Sales Revenue, By Geographical Segment (%), FY2020
Figure 167: Merida Industry Co., Ltd. Annual Sales Revenue, 2016-2020 (USD Million)
Figure 168: Merida Industry Co., Ltd. Gross Profit, 2016-2020 (USD Million)
Figure 169: Merida Industry Co., Ltd. Sales Revenue, By Business Segment (%), FY2020
Figure 170: Merida Industry Co., Ltd. Sales Revenue, In Geographical Segment (%), FY2020
Figure 171: Yadea Group Holdings Ltd. Annual Sales Revenue, 2016-2020 (USD Million)
Figure 172: Yadea Group Holdings Ltd. Net Income, 2016-2020 (USD Million)
Figure 173: Yadea Group Holdings Ltd. Sales Revenue, By Business Segment (%), FY2020
Figure 174: Yadea Group Holdings Ltd. Sales Revenue, By Geographical Segment (%), FY2020
Figure 175: NIU Technologies Annual Sales Revenue, 2016-2020 (USD Million)
Figure 176: NIU Technologies Gross Profit, 2016-2020 (USD Million)
Figure 177: NIU Technologies Sales Revenue, By Business Sector (%), FY2020
Figure 178: NIU Technologies Sales Revenue, By Geographical Segment (%), FY2020
Figure 179: Robert Bosch GmbH Annual Sales Revenue, 2016-2020 (USD Million)
Figure 180: Robert Bosch GmbH Profit, 2016-2020 (USD Million)
Figure 181: Robert Bosch GmbH Sales Revenue, By Business Segment (%), FY2020
Figure 182: Robert Bosch GmbH Sales Revenue, By Geographical Segment (%), FY2020
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