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Electric Two-wheeler Market Share

Report ID: GMI5304
Published Date: Sep 2023
Report Format: PDF

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Electric Two-wheeler Market Share

Major companies operating in the electric two-wheeler market are:

Yamaha Motor Co.Ltd
Hero Electric
Zero Motorcycles
Vmoto Limited
Emco Electroroller GmbH Pedego Electric Bikes

These companies are focused on strategic partnerships, new product launches, and commercialization efforts for market expansion. They are also heavily investing in research to introduce innovative products and garner the maximum market revenue.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of Electric two-wheeler reached USD 70.1 billion in 2022 and is set to register over 6% CAGR from 2023 to 2032, due to the increasing fuel prices and growing focus of consumers on seeking more cost-effective & eco-friendly transportation options worldwide.

The Li-Ion battery segment held 87% of the market share in 2022, on account of its higher energy density for providing electric bikes & scooters with longer range and improved performance.

Asia Pacific market is expected to reach USD 54.9 billion by 2032, owing to the higher demand for sustainable & cost-effective transportation options in the region.

Yamaha Motor Co., Ltd., Hero Electric, Zero Motorcycles, Vmoto Limited, Emco Electroroller GmbH, and Pedego Electric Bikes are some of the major electric two-wheeler companies worldwide.