Global Electric Two-wheeler (E2W) Market Analysis and Growth Opportunities

Description

Government Policies and Advancements in Battery and Connectivity Drive a 23.3% Sales CAGR from 2022 to 2030

An increasing number of E2W start-ups are in the market, especially those importing cheap components and selling low-quality vehicles. Most traditional internal combustion engine (ICE) two-wheeler (2W) original equipment manufacturers (OEMs) have yet to enter the E2W market. With E2W technology nascent and dominated by start-ups, it attracts entities from other industries to enter the market.

Since E2Ws have 50% fewer components-mainly controlled by software-compared to ICE 2Ws, it requires fewer tools and lesser time to repair and maintain. E2W start-ups seek to reduce operation costs and scale faster to avoid a cash crunch and attract new investors. Companies in this market are also exploring new business models, such as direct-to-customer sales and services, to eliminate physical shops since they can perform E2W maintenance remotely and with doorstep repair service. Other aspects OEMs scrutinize to expand across regions faster with less investment include online sales, doorstep test rides, and distributor partnerships.

Countries in Asia and Latin America (LATAM) offer simplified import policies to promote E2W adoption. Governments should impose stricter import policies and homologation rules to set quality standards. Developing economies are creating favorable policies and regulations for players to encourage the building of an electric vehicle (EV) ecosystem. Leading E2W OEMs strive to strengthen the EV supply chain with governments to make the country an EV hub.

Frost & Sullivan studies the global E2W market in this report. The study period is 2018-2030, with 2022 as the base year and 2023-2030 as the forecast period. Regions covered include North America (United States and Canada), LATAM (Brazil and Colombia), Europe (United Kingdom, Italy, Spain, France, and Germany), and Asia (India, Indonesia, Thailand, Vietnam, China, Taiwan, and Japan). Other regions and countries, such as Africa and Mexico, are mentioned in specific slides to provide more broad coverage for particular topics.

Other vital information includes:

Top 10 trends
Segmentation by region and type (eMoped, eMotorcycle, eScooter)
Leading OEMs
Business models
Components ecosystem

Notably, Frost & Sullivan offers stakeholders insights and growth opportunities they can explore and use to capture a share of the dynamic E2W space over the next seven years.

Product Code: PE80-44

Strategic Imperatives

Why Is It Increasingly Difficult to Grow?
The Strategic Imperative 8™
The Impact of the Top 3 Strategic Imperatives on the E2W Industry
Growth Opportunities Fuel the Growth Pipeline Engine™

Growth Environment

Global E2W Market Snapshot
Selected E2W Models and Their Motor Architecture
Comparative Analysis of the Top 3 Entry-level E2W OEMs
E2W Market Value Chain
Ecosystem Representation
E2W Growth and Penetration Analysis: Leading Countries
Leading Competitors by Segment

Research Scope

Scope of Analysis
E2W Segmentation and Definition
Segmentation by Region
Notable Global E2W OEMs

Growth Opportunity Analysis

Growth Drivers
Growth Restraints
Forecast Assumptions
Forecasting Methodology
Unit Sales Forecast
Leading Competitors by Segment
E2W Market Value Chain
Unit Sales Comparison
Market Share by Country
Top 5 Countries with the Highest E2W Sales in 2022
E2W Growth and Penetration Analysis: Leading Countries
Types of OEMs
The Top 3 Highest-selling E2W OEMs by Type
Selected E2W OEMs by Type and Region
Comparative Analysis of the Top 3 Entry-level E2W OEMs
Comparative Analysis of the Top 3 Mid-level E2W OEMs
Comparative Analysis of the Top 3 Premium-level E2W OEMs
E2W Sales and Service Business Models
Types of Business Entities Entering the E2W Market
Ecosystem Representation
Top 3 Highest-selling E2W OEMs: Selected Countries
E2W Start-ups Attracting Major Investments Globally
Major Investment Regions Over the Past 2 Years
Growth Opportunities by Region: Boosting Investments in E2W Start-ups

Top 10 Trends

Trend 1: Embedded Telematics via an Embedded Subscriber Identity Module (eSIM)
Trend 2. Sensor-based ARAS to Feature Across E2W Segments
Trend 3. Touch Screen TFT Multifunction Infotainment System
Trend 4. Battery-swapping Technology
Trend 5. Solid-state Battery Technology
Trend 6. Subscription Purchase Models
Trend 7. 3D Printing
Trend 8. PBVs
Trend 9. Hydrogen Fuel Cell E2Ws
Trend 10. D2C Sales and Service

E2W Components Ecosystem

E2W Ecosystem
E2W Motor Architecture Types
Selected E2W Models and Their Motor Architecture
Motor Manufacturers
E2W Battery Cell Chemistry
Popular E2W Models and Their Battery Cell Chemistries
E2W Battery Chemistry Suitability Matrix
E2W Battery Evolution and Selected Cell Manufacturers
Battery Recycling
Notable
Benefits of Battery-swapping Technology: OEMs and Swapping Station Perspectives
Formation of Battery-swapping Consortiums
E2W Battery Swapping Consortiums and Their Members
E2W Charging Infrastructure: Overview, Principal Players, Opportunities, and Future Development
E2W Charging Voltage and Power Standards
E2W Charging Connector Standards
PCS Infrastructure by Major E2W Countries
Private Charging Point Installation Issues in Apartments
Connected E2Ws: Tethered (Bluetooth) and Embedded
OEM Overview: Tethered versus Embedded Connectivity in E2W Maintenance
HMI: Display, Operating System, and Smartphone Application
Primary Trends Defining the Future of Connected E2Ws
E2W Tire Technology
E2W Components Ecosystem: Key Takeaways

E2W Business Models

Purpose-built E2Ws
Increasing Demand for Purpose-built E2Ws
E2Ws in Motorsports
E2W Sales and Service Business Models
Ride-sharing and Last-mile Delivery
E2W Business Models: Key Takeaways

Growth Opportunity Universe

Growth Opportunity 1: Component Technology Advancements
Growth Opportunity 2: E2W Battery-swapping Technology
Growth Opportunity 3: Bike Taxis and Last-mile Delivery

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