Electric Two-Wheeler Motor Market 2024-2028
The electric two-wheeler motor market is forecasted to grow by USD 5251.9 mn during 2023-2028, accelerating at a CAGR of 8.9% during the forecast period. The report on the electric two-wheeler motor market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by high sales of electric two-wheelers, growing adoption of electric bikes for delivery services, and growing demand for higher efficiency and improved power density.
Technavio's electric two-wheeler motor market is segmented as below:
By Type
- Permanent magnet synchronous motor
- Brushless DC motor
- Brushed DC motor
- Synchronous reluctance motor (SRM)
By End-user
- Moped and scooters
- Motorcycle
By Geographical Landscape
- APAC
- North America
- Europe
- Middle East and Africa
- South America
This study identifies the partnerships and collaborations as one of the prime reasons driving the electric two-wheeler motor market growth during the next few years. Also, increasing subsidies on electric two-wheelers and high penetration in emerging markets will lead to sizable demand in the market.
The report on the electric two-wheeler motor market covers the following areas:
- Electric Two-Wheeler Motor Market sizing
- Electric Two-Wheeler Motor Market forecast
- Electric Two-Wheeler Motor Market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading electric two-wheeler motor market vendors that include Ananda Drive Techniques Shanghai Co. Ltd., Bafang Electric Suzhou Co. Ltd., Brose Fahrzeugteile SE and Co. KG, CHANGZHOU MXUS IMP and EXP CO. LTD., Giant Manufacturing Co. Ltd., Heinzmann GmbH and Co. KG, MAHLE GmbH, Nidec Corp., Panasonic Industry Europe GmbH, Polini Motori Spa, Robokits India, SHIMANO INC., Suzhou Tongsheng Electric Appliances Co Ltd., TQ Systems GmbH, Tranzx, and TRUCKRUN. Also, the electric two-wheeler motor market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.