Electric Two-Wheeler Market Growth, Demand and Challenges of the Key Industry Players 2024-2032
                     Global Electric Two-
Wheeler Market 
Research and Forecast 
Report 2024-2032
Format: PDF+EXCEL
© 2023 IMARC All Rights Reserved 
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on  ba t t e r y - b ased  e lec t r i c  m o t o r s .  The se  v eh i c les  i nc lud e  m o t o r c yc les ,  m op eds  a nd  
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Highlight and ve r s a t i l e  m an ne r  a s  t he y  as s i s t  i n  eas i l y  m a neuv e r ing  t h r o ugh  cong es t ed  r oad s .  
They  a r e  com m on l y  assoc ia t ed  w i t h  ze r o  c a r bo n  e m iss io ns ,  com pac t  des ign ,  
Description im p r oved  a f f o r dab i l i t y  a nd  enha nce d  f ue l  e f f i c i en cy .  Ap a r t  f r om  t h i s ,  t h ese  t wo -whee le r s  a r e  a l so  cha r ac t e r i zed  by  seve r a l  op e r a t io na l  b ene f i t s  and  l ow  
m a i n t enan ce  cos t s .  As  a  r es u l t ,  t hey  a r e  ga i n ing  w ides p r ea d  pop u la r i t y  as  e f f i c i en t  
and  eco - f r i end l y  a l t e r na t i ves  t o  ga so l i ne - powe r ed  veh i c les .
Reque st  f o r  a  PDF  sam pl e  o f  t h i s  re por t :  
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Report Description
Gl o b a l  E l e c t r i c  T w o - W h e e l e r  M a rk e t  T re n d s :
T he  g l o b a l  m a r k e t  i s  p r i ma r i l y  d r i v en  b y  th e  i n c r ea s i n g  d e ma n d  f o r  e co - f r i e nd l y  p e r s on a l  ve h i c l e s  a mo n g  t h e  ma s s es .  T h e  
g r o w i n g  en v i r o nm e n t a l  c o n c e r n s  r eg a r d i n g  th e  i n c r e a s i n g  p o l l u t i on  l e v e l s  du e  t o  t h e  w i d e sp r e a d  u t i l i z a t i o n  f u e l - ba s e d  
au t o m ob i l e s  a c ro s s  t h e  g l o b e  ha s  c on t r i b u te d  t o  t h e  r i s i n g  a w a r e n e ss  t o w a r d  t h e  e c o n om i c  an d  e c o l o g i c a l  be n e f i t s  o f  
ad o p t i ng  e l e c t r i c  ve h i c l e s .  T h e s e  v eh i c l e s  a r e  c o m mo n l y  p o w e r e d  b y  un c o n v en t i o n a l  po w e r  s ou r c e s ,  s u ch  a s  re c h a r ge a b l e  
ba t t e r i es  o r  s o l a r  p an e l s ,  t h e r e by  e n co u r a g i n g  i n d i v i du a l s  t o  o p t  f o r  t h es e  e co - f r i e nd l y  a l t e rn a t i v es .  
T he  m a r k e t  i s  f u r t h e r  d r i v en  b y  t h e  n um e r o us  f a v o ra b l e  i n i t i a t i v e s  u nd e r t a ke n  b y  t h e  g ov e r n me n t s  o f  s e v e r a l  c o u n t r i e s  t o  
p r o m o t e  t h e  u s e  o f  e l e c t r i c  v e h i c l es  i n  an  a t t e mp t  t o  r e d u ce  t h e  i n c r ea s i n g C O2  e m i s s i o n  l e v e l s .  M u l t i p l e  g o v e rn m e n t s  a r e  
no w  o f f e r i n g  t a x  r eb a t e s  a n d  s u b s i d i e s  u po n  pu r c h a s i ng  e l e c t r i c  v e h i c l es ,  w h i c h  i s  a c t i n g  a s  a n o t h e r  m a j o r  g r o w t h - i n d uc i n g  
f ac t o r .  B e s i d e s  t h i s ,  t h e se  t w o - w he e l e r s  a r e  w i d e l y  u t i l i ze d  b y  e - c o mm e r c e  c o mp a n i e s  fo r  p ro v i d i n g  p o s t a l  an d  d e l i ve r y  
se r v i c e s  i n  a  q u i c k  a n d  c on v e n i e n t  m an n e r .  S o m e  o f  t he  o t h e r  f a c t o rs  c o n t r i b u t i ng  t o  t h e  m a r ke t  g r o w t h  i n c l u d e  t h e  h i g h  
de p l e t i o n  r a t es  o f  pe t r o l  an d  d i es e l  a n d  t h e  co n t i n uo u s  u p  g r a d a t i o n  o f  e l e c t r i c  v e h i c l e  ( E V )  c h a r g i n g  i n f ra s t r uc t u r e s .
L o o k i n g  f o r wa r d ,  t h e  m a r k e t  i s  ex p e c t ed  t o  g r o w  a t  a  C A G R  o f  1 1 . 5%  d u r i n g  2 0 2 4 - 20 3 2 .
V i e w  R e p o r t  T O C ,  F i g u r e s  a n d  T a b l e s :  h t t p s : / / w ww . i m a r c g ro u p . co m / e l ec t r i c - t w o - w h e e l e r - m a r k e t
Breakup by Vehicle Type:
• Electr ic  Scooter/Moped
• Electr ic  Motorcycle
 
Breakup by Battery Type:
• Li thium-Ion
• Sealed Lead Acid (SLA)
Report 
Breakup by Voltage Type:
Segmentation • 96V
Breakup by Peak Power:
• 10 kW
Breakup by Battery Technology:
• Removable
• Non-Removable
Report Breakup by Motor Placement:
Segmentation • Hub Type
• Chass is  Mounted
Breakup by Region:
• North Amer ica
• Europe
• Asia-Pacifi c
• Lat in Amer ica
• Middle East  and Afr ica
• AIMA Technology Co. Ltd.
• Ampere Vehicles Pvt. Ltd.
• BMW AG
Competitive • Energica Motor Company S.p.A.
• GOVECS AG
Landscape 
• Hero Electr ic Vehicles Pvt. Ltd.
with Key • Mahindra GenZe
Players • Terra Motors Corporation
• Vmoto Limited
• Yadea Technology Group Co. Ltd.
• Zero Motorcycles,  Inc.
What was the size of the global electric two-
wheeler market in 2023?
What is the expected growth rate of the global 
electric two-wheeler market during 2024-2032?
What are the key factors driving the global electric 
Key two-wheeler market?
Questions What has been the impact of COVID-19 on the 
global electric two-wheeler market?
Answered in 
What is the breakup of the global electric two-
the Report wheeler market based on vehicle type?
What is the breakup of the global electric two-
wheeler market based on the battery technology?
What are the key regions in the global electric two-
wheeler market?
Who are the key players/companies in the global 
electric two-wheeler market?
1     P r e f a c e
2     S c o p e  a n d  M e t h o d o l o g y
    2 . 1     O b j e c t i v e s  o f  t h e  S t u d y
    2 . 2     S t a k e h o l d e r s
    2 . 3     D a t a  S o u r c e s
        2 . 3 . 1     P r i m a r y  S o u r c e s
        2 . 3 . 2     S e c o n d a r y  S o u r c e s
    2 . 4     M a r k e t  E s t i m a t i o n
        2 . 4 . 1     B o t t o m - U p  A p p r o a c h
Table of         2 . 4 . 2     T o p - D o w n  A p p r o a c h    2 . 5     F o r e c a s t i n g  M e t h o d o l o g y
3     E x e c u t i v e  S u m m a r y
4     I n t r o d u c t i o n
    4 . 1     O v e r v i e w
Contents     4 . 2     K e y  I n d u s t r y  T r e n d s5     G l o b a l  E l e c t r i c  T w o - W h e e l e r  M a r k e t
    5 . 1     M a r k e t  O v e r v i e w
    5 . 2     M a r k e t  P e r f o r m a n c e
    5 . 3     I m p a c t  o f  C O V I D - 1 9
    5 . 4     M a r k e t  F o r e c a s t
6      M a r k e t  B r e a k u p  b y  V e h i c l e  T y p e
    6 . 1     E l e c t r i c  S c o o t e r / M o p e d
        6 . 1 . 1  M a r k e t  T r e n d s
        6 . 1 . 2  M a r k e t  F o r e c a s t
    6 . 2     E l e c t r i c  M o t o r c y c l e
        6 . 2 . 1  M a r k e t  T r e n d s
        6 . 2 . 2  M a r k e t  F o r e c a s t
7    M a r k e t  B r e a k u p  b y  B a t t e r y  T y p e  
    7 . 1     L i t h i u m - I o n
        7 . 1 . 1  M a r k e t  T r e n d s
        7 . 1 . 2  M a r k e t  F o r e c a s t
       
    7 . 2     S e a l e d  L e a d  A c i d  ( S L A )
        7 . 2 . 1  M a r k e t  T r e n d s
        7 . 2 . 2  M a r k e t  F o r e c a s t
8    M a r k e t  B r e a k u p  b y  V o l t a g e  T y p e
    8 . 1     < 4 8 V
        8 . 1 . 1  M a r k e t  T r e n d s
        8 . 1 . 2  M a r k e t  F o r e c a s t
    8 . 2     4 8 - 6 0 V
        8 . 2 . 1  M a r k e t  T r e n d s
        8 . 2 . 2  M a r k e t  F o r e c a s t
Table of     8 . 3     6 1 - 7 2 V        8 . 3 . 1  M a r k e t  T r e n d s
        8 . 3 . 2  M a r k e t  F o r e c a s t
    8 . 4     7 3 - 9 6 V
Contents         8 . 4 . 1  M a r k e t  T r e n d s        8 . 4 . 2  M a r k e t  F o r e c a s t
    8 . 5     > 9 6 V
        8 . 5 . 1  M a r k e t  T r e n d s
        8 . 5 . 2  M a r k e t  F o r e c a s t
9    M a r k e t  B r e a k u p  b y  P e a k  P o w e r
    9 . 1     < 3  k W
        9 . 1 . 1  M a r k e t  T r e n d s
        9 . 1 . 2  M a r k e t  F o r e c a s t
    9 . 2     3 - 6  k W
        9 . 2 . 1  M a r k e t  T r e n d s
        9 . 2 . 2  M a r k e t  F o r e c a s t
    9 . 3     7 - 1 0  k W
        9 . 3 . 1  M a r k e t  T r e n d s
        9 . 3 . 2  M a r k e t  F o r e c a s t
F o r  m o r e  i n f o r m a t i o n ,  v i s i t :  
h t t p s : / / w w w. im a rcg ro u p . co m / e l ec t r i c - t w o - w h ee le r- ma r ke t / t o c
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