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(Transportation-News.com, October 11, 2019 ) Market Overview:
Electric two-wheelers is the electric bicycle with pedals or without pedals. The electric 2-wheeler is integrated with an electric motor which can be used for propulsion and to move the electric motor rechargeable battery is used. The Electric two-wheelers are similar in the looks from the conventional bicycle or conventional combustion engine 2-wheelers depending on the product type.
Market Dynamics:
The Electric two-wheelers is primarily driven by stringent regulations by the government and frequent strict renewals all around the globe for vehicle emissions to lower down the carbon footprints. With favourable schemes and the awareness among the people for the environment, safety are the major drivers for the popularity gain of the electric 2-wheeler across all regions
However, due to the high cost of the batteries,which accounts for the higher price for the Electric two-wheelers, making it difficult for the people to buy. This is the major hindrance for the Electric two-wheelers market in the forecast period.
Market Segmentation:
By Product type, the Electric two-wheelersmarket is segmented intoPedal-assisted (Pedelecs), and Throttle-assisted (Power-on-demand).Pedal-assistedhas the dominant position in the Electric two-wheelersmarket and is expected to retain its dominance in the forecasted period due to a reason related to very cost and health.
By Battery Type, the Electric Two-Wheelers Market is segmented into Lead-acid, Nickel-metal hydride (NiMH), Lithium-ion (Li-ion), and Others. Lead-acid has the dominant position in the Electric two-wheelers market due to the low price of the batteries. Although with the rising demand for more capacity and a long life of batteries is making the market for Lithium-ion to grow with higher CAGR for the forecast period.
Geographical Analysis:
By geography, the Market is segmented into North America, Asia-Pacific (APAC), Europe, South America, and Middle East and Africa (MEA).
Competitive Analysis:
Global Electric two-wheelers is a competitive market with the presence of various global and regional players in the market. The major playersRobert Bosch GmbH, Accell Group N.V, Giant Manufacturing Co. Ltd., Derby Cycle Holding GmbH, and Jiangsu Xinri E-Vehicle Co. Ltd.
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Sai Kiran
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Source: EmailWire.Com 
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