Electric bicycle refers to a two-wheeled bicycle with on-board battery as auxiliary energy and the ability of pedaling and riding, which can realize the functions of electrically assisted moving or/and electric driving.
By 2019, the 15 largest companies accounted for about 77% of output. The enterprises with large production capacity of electric and auto two-wheelers are: Yadea, Aima, Taiwan Bell, XDAO, wxjinjian, SUNRA, LIMA, Luyuan, Byvin, lvjia, Zuboo Electric Bicycle, lvneng, Giant, Accell Group and Niu Technologies. Among them Yadea is the enterprise with the largest output.
In terms of product types and technologies, electric two-wheelers mainly include lead-acid two-wheelers and lithium two-wheelers. At present, lead-acid two-wheelers still occupy the largest market share.
Market Analysis and Insights: Global Electric Two-Wheelers Market
The global Electric Two-Wheelers market was valued at US$ 8673.7 million in 2019 and it is expected to reach US$ 20860 million by the end of 2026, growing at a CAGR of 6.3% during 2021-2026.
Global Electric Two-Wheelers Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Electric Two-Wheelers Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027. by Application segment also provides consumption during the forecast period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Lead-Acid Two-Wheelers
Lithium Two-Wheelers
Segment by Application
Retail Stores
E-Commerce
By Company
Yadea
Aima
Taiwan Bell
XDAO
wxjinjian
SUNRA
LIMA
Luyuan
Byvin
lvjia
Zuboo Electric Bicycle
lvneng
Giant
Accell Group
Niu Technologies
Production by Region
North America
Europe
China
Japan
Taiwan, China
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
By 2019, the 15 largest companies accounted for about 77% of output. The enterprises with large production capacity of electric and auto two-wheelers are: Yadea, Aima, Taiwan Bell, XDAO, wxjinjian, SUNRA, LIMA, Luyuan, Byvin, lvjia, Zuboo Electric Bicycle, lvneng, Giant, Accell Group and Niu Technologies. Among them Yadea is the enterprise with the largest output.
In terms of product types and technologies, electric two-wheelers mainly include lead-acid two-wheelers and lithium two-wheelers. At present, lead-acid two-wheelers still occupy the largest market share.
Market Analysis and Insights: Global Electric Two-Wheelers Market
The global Electric Two-Wheelers market was valued at US$ 8673.7 million in 2019 and it is expected to reach US$ 20860 million by the end of 2026, growing at a CAGR of 6.3% during 2021-2026.
Global Electric Two-Wheelers Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Electric Two-Wheelers Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027. by Application segment also provides consumption during the forecast period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Lead-Acid Two-Wheelers
Lithium Two-Wheelers
Segment by Application
Retail Stores
E-Commerce
By Company
Yadea
Aima
Taiwan Bell
XDAO
wxjinjian
SUNRA
LIMA
Luyuan
Byvin
lvjia
Zuboo Electric Bicycle
lvneng
Giant
Accell Group
Niu Technologies
Production by Region
North America
Europe
China
Japan
Taiwan, China
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
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