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India Electric Two Wheeler Market Size to Cross around USD 750 Million by 2025 – Arizton

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India Electric Two Wheeler Market Size to Cross around USD 750 Million by 2025 – Arizton

January 19
20:56 2021

The electric two-wheeler market in India is expected to grow at a CAGR of over 44% during the period 2019–2025.

 

The electric two wheeler market in India is emerging on account of increased government policies supporting battery-powered vehicles, the growing awareness toward the environment, increasing petrol prices, and stringent emission norms. The Government of India has taken several initiatives to boost the sale in the two-wheeler EV market in India, including two-wheelers. In 2013, with the launch of the National Electric Mobility Mission Plan 2020, which aims to increase the adoption and manufacturing of EV in India (FAME India), around 90% of the vehicles that availed incentives, were battery-powered two-wheelers.

 

The following factors are likely to contribute to the growth of the electric two-wheeler market during the forecast period:

  • Government-Industry Collaboration
  • Increase in Affordability
  • Increase in Government Initiatives
  • Growth in Environmental Awareness

 

The study considers the present scenario of the electric two-wheeler market and its market dynamics for the period 2019−2025. It covers a detailed overview of several market growth enablers, restraints, and trends. The study offers both the demand and supply aspects of the market. It profiles and examines leading companies and other prominent companies operating in the market.

 

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India Electric Two Wheeler Market – Vendor Profiles

 

Prominent Vendors

  • Bajaj Auto
  • Okinawa
  • Menza Motors
  • Lohia

 

Other Vendors

  • Ather Energy
  • Hero Electric
  • BattRe Electric Mobility
  • Avon Cycles
  • Ultraviolette
  • YoBykes
  • Avera
  • Crayon Motors
  • Techo Electra
  • Goreen e-mobility
  • M2GO
  • Evolet
  • Raftaar
  • Palatino
  • Komaki
  • SuperEco
  • Yukie
  • Ampere Vehicles
  • 22 Kymco

 

India Electric Two Wheeler Market – Segmentation

 

Market Segmentation by Technology

  • Removable
  • Non-removable

Market Segmentation by Battery  

  • Lithium-ion
  • Lead Acid

Market Segmentation by Vehicle

  • Scooters
  • Motorcycles

Market Segmentation by Voltage 

  • 48V
  • 60V
  • 72V& Above

Market Segmentation by Speed

  • High
  • Low

Market Segmentation by Geography

  • India
    • Eastern
      • Bihar
      • Odisha
      • West Bengal
      • Assam
      • Others
    • Western
      • Gujrat
      • Maharashtra
      • Rajasthan
      • Madhya Pradesh
      • Others
    • Northern
      • Uttar Pradesh
      • Haryana
      • Delhi
      • Uttarakhand
      • Others
    • Southern
      • Karnataka
      • Tamil Nadu
      • Kerala
      • Telangana
      • Andhra Pradesh

 

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India Electric Two Wheeler Market – Table of Contents

 

1              Research Methodology

2              Research Objectives

3              Research Process

 

4              Scope & Coverage

4.1          Market Definition

4.1.1      Inclusions

4.1.2      Exclusions

4.2          Base Year

4.3          Scope of The Study

4.4          Market Segments

4.4.1      Market Segmentation by Battery

4.4.2      Market Segmentation by Vehicle

4.4.3      Market Segmentation by Technology

4.4.4      Market Segmentation by Speed

4.4.5      Market Segmentation by Voltage

4.4.6      Market Segmentation by Geography

 

5              Report Assumptions & Caveats

5.1          Key Caveats

5.2          Currency Conversion

5.3          Market Derivation

 

6              Market at a Glance

7              Introduction

7.1          Overview

7.2          Scooters and Motorcycles

7.3          Electric Batteries

7.4          Key Insights

7.4.1      Market Developments

7.4.2      Battery Technology

7.4.3      Voltage Type

7.4.4      Speed Type

7.5          Fame I Scheme in India

7.6          Fame Ii Scheme in India

7.7          COVID-19 IMPACT

 

8              Market Opportunities & Trends

8.1          Government-Industry Collaboration

8.2          Advances in Technology

8.3          Increased Affordability

 

9              Market Growth Enablers

9.1          Increase in Government Initiatives

9.2          Increase in Environmental Awareness

 

10           Market Restraints

10.1        Higher Acquisition Cost of Electric Two-Wheeler

10.2        Shortage of Charging Infrastructure

10.3        Consumer Acceptability of Electric Two-Wheeler

 

11           Market Landscape

11.1        Market Overview

11.2        Market Size & Forecast (Value)

11.3        Market Size & Forecast (Volume)

11.4        Five Forces Analysis

11.4.1    Threat of New Entrants

11.4.2    Bargaining Power of Suppliers

11.4.3    Bargaining Power of Buyers

11.4.4    Threat of Substitutes

11.4.5    Competitive Rivalry

 

12           Battery Segmentation

12.1        Market Snapshot & Growth Engine (Value)

12.2        Market Snapshot & Growth Engine (Volume)

12.3        Market Overview

12.4        Lead-Acid Batteries

12.4.1    Market Overview

12.4.2    Market Size & Forecast (Value)

12.4.3    Market Size & Forecast (Volume)

12.5        Lithium-Ion Batteries

12.5.1    Market Overview

12.5.2    Importing of Complete Battery Systems

12.5.3    Importing and Assembling

12.5.4    Market Size & Forecast (Value)

12.5.5    Market Size & Forecast (Volume)

 

13           Vehicle Segmentation

13.1        Market Snapshot & Growth Engine (Value)

13.2        Market Snapshot & Growth Engine (Volume)

13.3        Market Overview

13.4        Electric Scooter

13.4.1    Market Overview

13.4.2    Market Size & Forecast (Value)

13.4.3    Market Size & Forecast (Volume)

13.5        Electric Motorcycles

13.5.1    Market Overview

13.5.2    Market Size & Forecast (Value)

13.5.3    Market Size & Forecast (Volume)

 

14           Technology Segmentation

14.1        Market Snapshot & Growth Engine (Volume)

14.2        Market Overview

14.3        Removable Battery

14.3.1    Market Overview

14.3.2    Market Size & Forecast (Volume)

14.4        Non-Removable Battery

14.4.1    Market Overview

14.4.2    Market Size & Forecast (Volume)

 

15           Speed Segmentation

15.1        Market Snapshot & Growth Engine (Volume)

15.2        Market Overview

15.3        Low Speed

15.3.1    Market Overview

15.3.2    Market Size & Forecast (Volume)

15.4        High Speed

15.4.1    Market Overview

15.4.2    Market Size & Forecast (Volume)

 

16           Voltage Segmentation

16.1        Market Snapshot & Growth Engine (Volume)

16.2        Market Overview

16.3        48V

16.3.1    Market Overview

16.3.2    Market Size & Forecast (Volume)

16.4        60V

16.4.1    Market Overview

16.4.2    Market Size & Forecast (Volume)

16.5        72V & ABOVE

16.5.1    Market Overview

16.5.2    Market Size & Forecast (Volume)

 

17           Geography

17.1        Market Snapshot & Growth Engine (Value)

17.2        Market Snapshot & Growth Engine (Volume)

17.3        Geographic Overview

 

18           Northern India

18.1        Market Overview

18.2        Market Size & Forecast (Value)

18.3        Market Size & Forecast (Volume)

18.4        Battery Type

18.4.1    Market Size & Forecast (Volume)

18.5        Vehicle Type

18.5.1    Market Size & Forecast (Volume)

18.6        Key States

18.6.1    Uttar Pradesh: Market Size & Forecast (Volume)

18.6.2    Haryana: Market Size & Forecast (Volume)

18.6.3    Delhi: Market Size & Forecast (Volume)

18.6.4    Uttarakhand: Market Size & Forecast (Volume)

18.6.5    Others: Market Size & Forecast (Volume)

 

19           Western India

19.1        Market Overview

19.2        Market Size & Forecast (Value)

19.3        Market Size & Forecast (Volume)

19.4        Battery Type

19.4.1    Market Size & Forecast (Volume)

19.5        Vehicle Type

19.5.1    Market Size & Forecast (Volume)

19.6        Key States

19.6.1    Maharashtra: Market Size & Forecast (Volume)

19.6.2    Gujarat: Market Size & Forecast (Volume)

19.6.3    Rajasthan: Market Size & Forecast (Volume)

19.6.4    Madhya Pradesh: Market Size & Forecast (Volume)

19.6.5    Others: Market Size & Forecast (Volume)

 

20           Southern India

20.1        Market Overview

20.2        Market Size & Forecast (Value)

20.3        Market Size & Forecast (Volume)

20.4        Battery Type

20.4.1    Market Size & Forecast (Volume)

20.5        Vehicle Type

20.5.1    Market Size & Forecast (Volume)

20.6        Key States

20.6.1    Tamil Nadu: Market Size & Forecast (Volume)

20.6.2    Andhra Pradesh: Market Size & Forecast (Volume)

20.6.3    Kerala: Market Size & Forecast (Volume)

20.6.4    Karnataka: Market Size & Forecast (Volume)

20.6.5    Telangana: Market Size & Forecast (Volume)

 

21           Eastern India

21.1        Market Overview

21.2        Market Size & Forecast (Value)

21.3        Market Size & Forecast (Volume)

21.4        Battery Type

21.4.1    Market Size & Forecast (Volume)

21.5        Vehicle Type

21.5.1    Market Size & Forecast (Volume)

21.6        Key States

21.6.1    West Bengal: Market Size & Forecast (Volume)

21.6.2    Odisha: Market Size & Forecast (Volume)

21.6.3    Bihar: Market Size & Forecast (Volume)

21.6.4    Assam: Market Size & Forecast (Volume)

21.6.5    Others: Market Size & Forecast (Volume)

 

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About Arizton Advisory & Intelligence

Arizton Advisory and Intelligence is an innovation and quality-driven firm, which offers cutting-edge research solutions to clients across the world. We excel in providing comprehensive market intelligence reports and advisory and consulting services.

Arizton has gained a paramount standpoint in the market research arena as it offers top of the line solutions to clients to assess market landscape and to finalize fool proof business strategies. We are committed to provide inclusive market research reports and consulting services to clients from diversified industries including –Consumer Goods & Retail Technology, Automotive and Mobility, Smart Tech, Healthcare and Lifesciences, Industrial Machinery, Chemicals and Materials, IT and Media, Logistics and Packaging

Arizton comprises a team of exuberant and well-experienced analysts who have mastered in generating incisive reports. Our specialist analysts possess exemplary skills in market research. We train our team in advanced research practices, techniques, and ethics to outperform in fabricating impregnable research reports.

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