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Electric Two-wheeler Market

Electric Two-wheeler Market

Electric Two-wheeler Market - Global Industry Assessment & Forecast

Number Of Pages # Pages:


Base Year:



Feb - 2024



Report Code:


Segments Covered
  • By Vehicle Type By Vehicle Type Electric Motorcycle, Electric Scooter
  • By Battery By Battery SLA, Li-lon
  • By Motor Placement By Motor Placement Hub-motor, Frame-mounted Motor
  • By Motor Power By Motor Power 48 V, 60 V, 72 V, Other Motor Powers
  • By Motor Speed By Motor Speed Below 3.5kW, 3.5-6.5kW, Above 6.5kW
  • By Region By Region North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Base YearBase Year: 2023
Forecast YearsForecast Years: 2024 - 2032
Historical YearsHistorical Years: 2018 - 2022
Revenue 2023Revenue 2023: USD 74.01 Billion
Revenue 2032Revenue 2032: USD 124.02 Billion
Revenue CAGRRevenue CAGR (2024 - 2032): 5.9%
Fastest Growing Region Fastest Growing Region (2024 - 2032) Europe
Largest Region Largest Region (2023): Asia Pacific
Customization Offered
  • Cross-segment Market Size and Analysis for Mentioned Segments Cross-segment Market Size and Analysis for Mentioned Segments
  • Additional Company Profiles (Upto 5 With No Cost) Additional Company Profiles (Upto 5 With No Cost)
  • Additional Countries (Apart From Mentioned Countries) Additional Countries (Apart From Mentioned Countries)
  • Country/Region-specific Report Country/Region-specific Report
  • Go To Market Strategy Go To Market Strategy
  • Region Specific Market Dynamics Region Specific Market Dynamics
  • Region Level Market Share Region Level Market Share
  • Import Export Analysis Import Export Analysis
  • Production Analysis Production Analysis
  • Other Others Request Customization Speak To Analyst
Sr. No. Offering Report Coverage
1. Market Size In terms of Revenue (USD Million)
2. Historic Data 2018 to 2022
3. Forecast Data 2024 to 2032
4. Market Drivers, Restraints, Opportunities, & Regional Market Trends Yes
5. Market Attractiveness Analysis Yes
6. Segment Analysis Maximum Segments
7. Regional Coverage 5 Regions
8. Country Coverage Top 22 Countries
9. Competitive Landscape and Company Market Share Analysis Yes. Exhaustive information will be provided in two separate chapters of Competitive Landscape and Company Profiles.
10. Porter’s Five Forces Analysis Yes.
11. Value Chain Analysis Yes
12. PEST Analysis Yes
13. Regulatory Landscape Yes
14. Technology Landscape Yes
15. COVID-19 Impact Analysis Yes. Exhaustive information for Key Strategies Undertaken by Companies, Impact Assessment of the COVID-19 Pandemic by Region, along with Short-term and Long-term dynamics.
16. Top startups to watch out for Yes
17. Top 3 Trends to Watch Yes
18. Top 3 Strategies Followed by Major Players Yes
19. Top 3 Predictions by Vantage Market Research Yes
20. Discussion Guide Yes
21. Key Primary Respondents - VERBATIM Yes
22. Transcripts from the Primary Respondents Additional Cost USD 1,000
23. Others/Miscellaneous
Frequently Asked Question
  • The global Electric Two-wheeler valued at USD 74.01 Billion in 2023 and is expected to reach USD 124.02 Billion in 2032 growing at a CAGR of 5.9%.

  • The prominent players in the market are Yamaha Motor Co. Ltd. (Japan), Hero Electric (India), Zero Motorcycles (U.S.), Vmoto Limited (Australia), Emco Electroroller GmbH (Germany), Pedego Electric Bikes (U.S.), Honda Motor Co. Ltd. (Japan), Piaggio (Italy), Ather Energy (India), Revolt Motors (India), Ola Electric (India).

  • The market is project to grow at a CAGR of 5.9% between 2024 and 2032.

  • The driving factors of the Electric Two-wheeler include

    • Advancement through Battery Swapping Implementation boost the Electric Two Wheeler market

  • Asia Pacific was the leading regional segment of the Electric Two-wheeler in 2023.