Electric Bike Market Share | North American Electric Vehicle Market Growth 2023

 

Strict government policies related to vehicle emission standards along with rising environmental concern to aid growth of North America electric two-wheeler market by 2023

According to TechSci Research report, “North America Electric Two Wheeler Market, By Vehicle Type, By Battery Capacity, By Battery Type, By Country, Competition Forecast & Opportunities, 2013 - 2023”, North America electric two-wheelers market is projected to witness a CAGR of more than 8% through 2023. Anticipated growth in the market is led by technological advancements in electric two-wheelers as well as their battery systems. Moreover, governments of different countries in North America are providing subsidies on electric vehicles, which is further increasing their demand across the region. Few of the leading electric two-wheeler companies operating in North America are Yadae Group Holdings Ltd, AIMA Technology Co. Ltd., Jiangsu Xinri E-Vehicle Co. Ltd., Zhenjiang Luyuan Electric Vehicle, and Dongguan Tailing Electric Vehicle Co. Ltd., among others.

Browse 25 market data Figures spread through 54 Pages and an in-depth TOC on "North America Electric Two-Wheeler Market"

https://www.techsciresearch.com/report/north-america-electric-two-wheeler-market/3396.html

On the basis of battery type, North America electric two-wheeler market is segmented into lead acid and li-ion battery. Lead acid battery segment dominated the market in 2017 and is anticipated to continue its dominance during forecast period as well on account of their economical prices. Among vehicle types, electric scooters/mopeds segment leads the North America electric two-wheeler market with a volume share of over 60% in 2017. Rising focus on development of advanced electric vehicle battery systems is further anticipated to aid North America electric two-wheeler market over the next five years.

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“Growth in demand for electric two-wheelers has been witnessed over the past few years in North America, owing to several government initiatives to promote the use of electric two-wheelers.  Moreover, with continuously rising pollution levels, the need for cleaner automobiles with low emissions is also increasing, thereby fuelling demand for electric vehicles. Additionally, expanding dealer & distribution network of leading electric two-wheeler companies across North America along with increasing penetration of Chinese players would further propel growth in the region’s electric two-wheeler market in the coming years.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

“North America Electric Two Wheeler Market, By Vehicle Type, By Battery Capacity, By Battery Type, By Country, Competition Forecast & Opportunities, 2013 - 2023” has analyzed the potential of electric two-wheeler market in North America region, and provides statistics and information on market sizes, shares and trends. The report will suffice in providing the intending clients with cutting-edge market intelligence and help them in taking sound investment decisions. Besides, the report also identifies and analyzes emerging trends along with essential drivers and key challenges faced by North America electric two-wheeler market.

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Indonesia Electric Two Wheeler Market, Forecast and Opportunities, 2025

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Indonesia Electric Two Wheeler Market to be Valued USD 816.22 Million During Forecast Period – TechSci Research

 Growing concerns regarding rising greenhouse gas emission levels coupled with increasing price competitiveness of electric two wheelers to drive electric two wheeler market of Indonesia

According to TechSci Research report, “Indonesia Electric Two Wheeler Market, By Vehicle Type (Electric Motorcycle and Electric Scooters/Mopeds), By Battery Capacity (<25 Ah and >25 Ah), By Battery Type (Lead Acid and Li-ion), Competition, Forecast & Opportunities, 2025”, Indonesia electric two wheeler market was valued over USD 364.42 Million in 2019 and is forecast to grow at CAGR of 20.96% to reach USD 816.22 Million by 2025. Governmental support and rising awareness regarding the environmental conditions is one of the topmost drivers supporting electric two-wheeler market in Indonesia. More than 60% of Indonesians are believed to be well aware about the availability of electric two-wheelers and show positive inclination towards them on account of higher fuel efficiency, affordable pricing and less  maintenance cost. The Indonesian government is providing help and support to everyone interested in adoption of electric vehicles i.e., two-wheelers as well as cars. Government commitment to subsidize electric two-wheeler purchase through incentives and schemes including tax cuts, is attracting customers as well as manufactures towards electric two-wheelers. These factors are going to boost demand for electric two-wheeler in Indonesia in the coming years.

Growth in e-commerce sector and increasing online sales are driving the sales of electric two-wheeler in Indonesia. Customers are preferring to buy the electric two-wheelers online due to discounted schemes and easy deliveries. Moreover, electric two-wheelers are also used by delivery boys in e-commerce companies in order to deliver the products to the customers. Continuous expansion in the E-commerce sector is giving boosting the sales of electric two-wheelers for use in delivery services. These factors are going to augment demand for electric two-wheelers in the country through 2025.

Browse 20 market data Figures and Tables spread through 67 Pages and an in-depth TOC on "Indonesia Electric Two Wheeler Market"

https://www.techsciresearch.com/report/indonesia-electric-two-wheeler-market/4522.html

 

Indonesia electric two wheeler market can be segregated based on vehicle type, battery capacity, battery type and region. Based on vehicle type, electric moped or scooter is expected to account for the largest share on the back of their manoeuvrability, rising number of female riders and growing purchasing power. In terms of battery capacity, less than 25 Ah is the dominant segment as majority of electric vehicle models present in the market are having battery of less than 25 Ah.  

Major companies operating in the economy include Viar Motor Indonesia, Shandong Incalcu Electric Vehicle Co., Ltd, Segway Inc., Zero Motorcycles, Inc., Selis (PT Juara Bike), Niu Indonesia and Garansindo Electric Scooter ITS, among others.

 

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“In 2019, Scooters / Mopeds segment accounted for a volume share of around 80.51% in Indonesia Electric Two-Wheeler market. Most of the Indonesian manufacturers are expected to witness increase in demand for electric vehicles on account of increasing employment, higher wages, government subsidies, environment consciousness and rising consumer confidence. Hence, it is expected that demand for Scooters in the country would grow at a CAGR of around 18.20%, in terms of volume, during 2020-2025.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

“Indonesia Electric Two Wheeler Market, By Vehicle Type (Electric Motorcycle and Electric Scooters/Mopeds), By Battery Capacity (<25 Ah and >25 Ah), By Battery Type (Lead Acid and Li-ion), Competition, Forecast & Opportunities, 2025” has analyzed the potential of Indonesia electric two wheeler market across the country, and provides statistics and information on market sizes, shares and trends. The report will suffice in providing the intending clients with cutting-edge market intelligence and help them in taking sound investment decisions. Besides, the report also identifies and analyzes emerging trends along with essential drivers and key challenges faced by Indonesia electric two wheeler market.

Browse Related Reports

India Electric Two Wheeler Market By Vehicle Type (Electric Scooter and Electric Motorcycle), By Voltage Capacity (48-59V, 60-72V, 73-96V & Above 96V), By Battery Type, By Motor Placement, Competition Forecast & Opportunities, 2013-2023

https://www.techsciresearch.com/report/india-electric-two-wheeler-market/1668.html

 

North America Electric Two Wheeler Market, By Vehicle Type (Scooter/Moped and Motorcycle), By Battery Capacity (<25Ah and >25Ah), By Battery Type (Lead Acid & Li-ion), By Country (USA and Canada), Competition Forecast & Opportunities, 2013 – 2023

https://www.techsciresearch.com/report/north-america-electric-two-wheeler-market/3396.html

 

Contact

Mr. Ken Mathews

708 Third Avenue,

Manhattan, NY,

New York – 10017

Tel: +1-646-360-1656

Email: sales@techsciresearch.com

website : https://www.techsciresearch.com

Indonesia Electric Two Wheeler Market to Grow at a Double Digit Growth Rate During Forecast Period - TechSci Research

Growing concerns regarding rising greenhouse gas emission levels coupled with increasing price competitiveness of electric two wheelers to drive electric two wheeler market of Indonesia

According to TechSci Research report, “Indonesia Electric Two Wheeler Market, By Vehicle Type (Electric Motorcycle and Electric Scooters/Mopeds), By Battery Capacity (<25 Ah and >25 Ah), By Battery Type (Lead Acid and Li-ion), Competition, Forecast & Opportunities, 2024”, the Indonesia electric two wheeler market is anticipated to grow at brisk rate on account of increasing GHG emissions and growing concerns related to surging pollution level. High population density in the country and rising urbanization is further contributing towards the growing demand for two-wheelers in the country. Furthermore, technological advancements in batteries of electric vehicle is positively impacting the growth of the market until 2024.

Browse 34 market data Figures and Tables spread through 81 Pages and an in-depth TOC on "Indonesia Electric Two Wheeler Market"

https://www.techsciresearch.com/report/indonesia-electric-two-wheeler-market/4522.html

Indonesia electric two wheeler market can be segregated based on vehicle type, battery capacity, battery type and region. Based on vehicle type, electric moped or scooter is expected to account for the largest share on the back of their maneuverability, rising number of female riders and growing purchasing power. In terms of battery capacity, less than 25 Ah is the dominant segment as majority of electric vehicle models present in the market are having battery of less than 25 Ah.  

 Major companies operating in the economy include Zero Motorcycles Inc., Segway, Inc., Viar Motor Indonesia, Dongguan Tailing Electric Vehicle Co., Ltd., Shandong Incalcu Electric Vehicle Co., Ltd, Xiaomi Corp., PT Wijaya Karya Tbk, among others. Companies operating in the market are using strategies such as new product launches and reduced charging time to increase their share in the market. Other strategies for increasing penetration in the market include mergers and acquisitions. For instance, in 2018, PT Wijaya Karya Tbk, a collaboration between Gesits and Wijaya Karya Industri dan Konstruksi, announced to produce 60,000 electric motorcycle starting from 2019.

Download Sample Report @ https://www.techsciresearch.com/sample-report.aspx?cid=4522

Customers can also request for 10% free customization on this report.

“The electric two wheeler market in Indonesia is expected to grow at a double digit growth rate on account of increasing affordability of electric two wheelers being provided by leading automobile manufacturers, growing distributor & dealership network and surging demand to curb pollution levels in the country. Moreover, ongoing research and development activities and inclination of government for promoting domestic electric vehicles are expected to result in a wide product portfolio of these vehicles, which is further projected to consequently drive the market until 2024.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

“Indonesia Electric Two Wheeler Market, By Vehicle Type (Electric Motorcycle and Electric Scooters/Mopeds), By Battery Capacity (<25 Ah and >25 Ah), By Battery Type (Lead Acid and Li-ion), Competition, Forecast & Opportunities, 2024” has analyzed the potential of Indonesia electric two wheeler market across the country, and provides statistics and information on market sizes, shares and trends. The report will suffice in providing the intending clients with cutting-edge market intelligence and help them in taking sound investment decisions. Besides, the report also identifies and analyzes emerging trends along with essential drivers and key challenges faced by Indonesia electric two wheeler market.

Browse Related Reports

India Electric Two Wheeler Market By Vehicle Type (Electric Scooter and Electric Motorcycle), By Voltage Capacity (48-59V, 60-72V, 73-96V & Above 96V), By Battery Type, By Motor Placement, Competition Forecast & Opportunities, 2013-2023

https://www.techsciresearch.com/report/india-electric-two-wheeler-market/1668.html

 North America Electric Two Wheeler Market, By Vehicle Type (Scooter/Moped and Motorcycle), By Battery Capacity (<25Ah and >25Ah), By Battery Type (Lead Acid & Li-ion), By Country (USA and Canada), Competition Forecast & Opportunities, 2013 – 2023

https://www.techsciresearch.com/report/north-america-electric-two-wheeler-market/3396.html

  

Contact

Mr. Ken Mathews

708 Third Avenue,

Manhattan, NY,

New York – 10017

 Tel: +1-646-360-1656

 Email: sales@techsciresearch.com