Market Research Report
Electric Two-Wheel Vehicles - Electric Bicycles, Scooters, Motorcycles, and Micromobility Sharing Services: Global Market Analysis and Forecasts
|Published by||Navigant Research||Product code||917303|
|Published||Content info||45 Pages; 27 Tables, Charts & Figures
Delivery time: 1-2 business days
|Electric Two-Wheel Vehicles - Electric Bicycles, Scooters, Motorcycles, and Micromobility Sharing Services: Global Market Analysis and Forecasts|
|Published: November 27, 2019||Content info: 45 Pages; 27 Tables, Charts & Figures||
Electric two-wheel vehicle (E2WV) technologies are emerging to address the congestion, poor air quality, and lack of mobility options negatively affecting transportation markets around the world. Electric bicycles (e-bikes), electric scooters (e-scooters), electric motorcycles (e-motorcycles), and micromobility devices have no emissions and occupy less physical space compared with full-sized cars, thereby helping alleviate congestion and air pollution. Additionally, E2WVs provide consumers with more affordable and convenient transportation options compared with larger, more expensive EVs.
Established multinational companies are struggling with stagnating and even declining sales of traditional bicycles and gasoline scooters and motorcycles. Largely due to major manufacturer market entrants and improvements in battery technology, the market opportunity for E2WVs is expected to grow considerably through 2030. According to Navigant Research, a Guidehouse company, the global market for E2WV revenue is expected to grow from $28.2 billion in 2019 to more than $56.0 billion by 2030 at a compound annual growth rate (CAGR) of 6.4%.
This Navigant Research report analyzes the global market for E2WVs. The study provides a detailed analysis of the market opportunities, key drivers of growth, and technology trends associated with E2WVs. Global market forecasts for annual E2WV unit sales and revenue extend through 2030 and are segmented by technology and region. Annual e-scooter sharing trips and revenue from micromobility services are also forecast. Profiles of key E2WV manufacturers and suppliers are also provided in the report.