DUBLIN, January 22, 2021 / PRNewswire / – The report, “Electric Scooters & Motorcycles Market Research Report In India: By Product, Battery Type, Voltage, Technology, Top Speed, Sales Channel, Application, Status – Industry Analysis, And Growth Forecast To 2025” has been added to ResearchAndMarkets.com’s offering.
The Indian electric scooters and motorcycles market would reach a sales volume of 1,080.5 thousand by the end of 2025 and have a CAGR of 57.9% between 2020 and 2025.
Electric scooters and motorcycles sales are booming due to increasing pollution and the increasing provision of financial incentives by the government India. In 2019, almost 152.0 thousand units of electric motorcycles and scooters were sold in the country, an annual growth of 20.6% compared to 2014.
In terms of retail sales value, the market is expected to grow at an annual growth rate of 63.9% from 2020 to 2025 and generate sales in excess of $ 1.0 billion A key factor in the growth of the market is the provision of lucrative financial incentives and subsidies for electric vehicles by the government. In addition, the government is providing tax exemptions and purchase discounts to encourage the use of electric vehicles and two-wheelers in the country.
The increasing sales of these scooters would be driven by the availability of a wide variety of electric scooter models in the country, their affordable prices, and their ability to serve as excellent alternatives to traditional fossil fuel mopeds. According to the publisher, a market research company is based in IndiaThe Indian market for electric scooters and motorcycles is currently showing the highest growth in Uttar Pradesh of any state in the country.
The boom in the market in Uttar Pradesh is caused by the increasing spread of electric motorcycles and scooters in the state. In addition, sales of these two-wheelers are increasing in the state’s Tier 2 and Tier 3 cities. With increasing demand for these vehicles in the state, many original equipment manufacturers are rapidly expanding their dealer network. This in turn drives sales of electric motorcycles and scooters in the state.
It is therefore safe to say that the market will see rapid growth in the years to come, largely due to the increasing implementation of favorable government policies regarding the sale of electric vehicles and the increasing consumer preference for electric scooters and motorcycles over fuel variants in the country .
Main topics covered:
Chapter 1. Research Background
1.1 Research objectives
1.2 Market definition
1.3 Scope of Research
1.4 Main actors
Chapter 2. Research methodology
2.1 Desk research
2.2 Primary research
2.3 Market size estimate
2.4 Data triangulation
2.5 Assumptions for the study
Chapter 3. Market Indicators
3.1 Overview of the macroeconomic environment in India
3.2 Overview of the Indian two-wheeler market
Chapter 4. Summary
Chapter 5. Introduction
5.1 Definition of market segments
5.1.1 By product
5.1.2 By battery type
220.127.116.11 Sealed lead acid
5.1.3 After tension
18.104.22.168 36 V.
22.214.171.124 60 V.
126.96.36.199 72 V.
5.1.4 By technology
188.8.131.52 Not removable
5.1.5 At maximum speed
184.108.40.206 & less than 25 km / h
220.127.116.11 25-50 km / h
18.104.22.168> 50 km / h
5.1.6 By distribution channel
5.1.7 After application
5.2 Value chain and ecosystem analysis
5.2.1 Value chain analysis
5.3 Market dynamics
22.214.171.124 Growing investments in electric two-wheelers
126.96.36.199 Growing electronic retail trade with electric two-wheelers
188.8.131.52 OEMs bring high speed models to market
184.108.40.206 Strict emission standards
220.127.116.11 State subsidy and regulation policy
18.104.22.168 Growing environmental awareness
22.214.171.124 Falling price for Li-ion batteries
126.96.36.199 Development of Li-ion batteries and planned establishment of battery manufacturing units
188.8.131.52 Entry of established two-wheeler manufacturers and introduction of new products
184.108.40.206 Impact analysis of the drivers on the market forecast
220.127.116.11 Lack of awareness and lack of customer awareness of electric two-wheelers
18.104.22.168 Lack of charging infrastructure and fear of range
22.214.171.124 High upfront and battery replacement costs
126.96.36.199 Impact analysis of restrictions on market forecast
188.8.131.52 Growing business with mototaxis and scooters
184.108.40.206 Growing demand for last mile delivery options
220.127.116.11 Long range electric scooters and motorcycles to improve traction
18.104.22.168 Li-ion two-wheelers are gaining traction
5.4 Porter’s Five Forces Analysis
Chapter 6. Impact of COVID-19 on India’s Electric Scooter and Motorcycles Market
6.1 Effects of COVID-19 on the Indian EV industry
6.2 Effects of COVID-19 on Last Mile Connectivity
6.3 Effects of COVID-19 on shared mobility
6.4 Influence of COVID-19 on micromobility
Chapter 7. Regulatory Policies
7.1 NEMMP 2020
7.1.1 Overview of the FAME II India program
7.1.2 FAME I India scheme overview and effects
7.1.3 Overview of the SIAM guidelines
7.2 Localization of the electric vehicle component
7.3 Import scenario of the electric vehicle component in India
7.3.1 Tax structure for the import of electric vehicle components in India
7.4 Directives for electric vehicles at state level in India
Chapter 8. Market Size and Forecast
8.1 By product
8.2 By battery type
8.3 After tension
8.4 By technology
8.5 At maximum speed
8.6 By distribution channel
8.7 After application
8.7.1 B2B electric scooters and motorcycles according to end use
8.8 According to federal states
Chapter 9. Uttar Pradesh Market Size and Forecast
9.1 By product
9.2 By battery type
9.3 After tension
9.4 By technology
9.5 At maximum speed
9.6 By distribution channel
9.7 Market share analysis of the main players
9.8 Big cities for electric scooters and motorcycles in Uttar Pradesh
Chapter 10. Maharashtra Market Size and Forecast
Chapter 11. Size and Forecast of the West Bengal Market
Chapter 12. Gujarat Market Size and Forecast
Chapter 13. Tamil Nadu Market Size and Forecast
Chapter 14. Delhi Market Size and Forecast
Chapter 15. Rajasthan Market Size and Forecast
Chapter 16. Karnataka Market Size and Forecast
Chapter 17. Haryana Market Size and Forecast
Chapter 18. Madhya Pradesh Market Size and Forecast
Chapter 19. Rest of India Market Size and Forecast
Chapter 20. Customer Analysis for Electric Scooters and Motorcycles
20.1 By age
20.2 By gender
20.3 By profession
20.4 After use
20.5 By driving route
20.6 Customer Motivation
20.7 Customer behavior and trends
Chapter 21. Competitive Landscape
21.1 List of Players and Their Offers
21.2 Business Benchmarking
21.3 Product Benchmarking
21.4 Market share analysis of the main players
21.4.1 high speed electric scooter
21.4.2 Low speed electric scooter
21.5 Dealer assignment (2019)
21.6 Strategic developments of the main actors
21.6.1 Product launches
21.6.2 Partnerships, Mergers and Acquisitions
21.6.3 System expansion
21.6.4 Other developments
Chapter 22. Aftermarket Analysis
22.1 OEM to dealer replacement parts, warranty
22.2 Intervals between dealer and customer service, breakdown assistance
22.3 Customer Feedback and Challenges
Chapter 23. Cost Analysis
23.1 CAPEX and OPEX charging station infrastructure
23.2 Cost Estimation for Setting Up the Electric Scooter Assembly
Chapter 24. Company Profiles
- Hero Electric Vehicles Pvt. GmbH.
- Electrothermal energy (India) GmbH.
- Avon Cycles Ltd.
- Lohia Auto Industries
- Okinawa Autotech Pvt. GmbH.
- Tvs Motor Co. Ltd.
- Twenty Two Motors Pvt. Ltd. (22 Kymco)
- Bajaj Auto Ltd.
- Ather Energy Pvt. GmbH.
- Ampere Vehicles Pvt. Ltd. (Greaves Cotton Ltd.)
- Tunwal E-Vehicle India Pvt. GmbH.
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