LONDON–(BUSINESS WIRE)–Sep 11, 2020–
Technavio has been monitoring the low-powered electrical motorbike and scooter market and it’s poised to develop by 2,710.07 th models throughout 2020-2024, progressing at a CAGR of over 6% in the course of the forecast interval. The report presents an up-to-date evaluation relating to the present market situation, newest developments and drivers, and the general market surroundings.
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Technavio has introduced its newest market analysis report titled World Low-powered Electrical Bike and Scooter Market 2020-2024 (Graphic: Enterprise Wire)
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Steadily Requested Questions:
- What are the key developments available in the market?
Emergence of all-electric off-road bikes is a significant development driving the expansion of the market.
- At what price is the market projected to develop?
The year-over-year progress for 2020 is estimated at 6.24% and the incremental progress of the market is anticipated to be 2,710.07 th models.
- Who’re the highest gamers available in the market?
Electrotherm Ltd., Greaves Cotton Ltd., Hero Electrical Automobiles Pvt. Ltd., Mahindra & Mahindra Ltd., Niu Applied sciences, SONGUO MOTORS Co. Ltd., TACITA Srl, Z Electrical Automobile Corp., Zero Bikes Inc., and Zhejiang Luyuan Electrical Automobile Co. Ltd., are a few of the main market individuals.
- What’s the key market driver?
The rising demand for low price Li-ion batteries is among the main components driving the market.
- How huge is the APAC market?
The APAC area will contribute 89% of the market share.
The market is fragmented, and the diploma of fragmentation will speed up in the course of the forecast interval. Electrotherm Ltd., Greaves Cotton Ltd., Hero Electrical Automobiles Pvt. Ltd., Mahindra & Mahindra Ltd., Niu Applied sciences, SONGUO MOTORS Co. Ltd., TACITA Srl, Z Electrical Automobile Corp., Zero Bikes Inc., and Zhejiang Luyuan Electrical Automobile Co. Ltd. are a few of the main market individuals. The rising demand for low price Li-ion batteries will provide immense progress alternatives. To make many of the alternatives, market distributors ought to focus extra on the expansion prospects within the fast-growing segments, whereas sustaining their positions within the slow-growing segments.
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Low-Powered Electrical Bike and Scooter Market 2020-2024: Segmentation
Low-Powered Electrical Bike and Scooter Market is segmented as beneath:
- Electrical Scooters
- Electrical Bikes
- Geographic Panorama
- North America
- South America
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Low-Powered Electrical Bike and Scooter Market 2020-2024: Scope
Technavio presents an in depth image of the market by the best way of examine, synthesis, and summation of knowledge from a number of sources. The low-powered electric motorcycle and scooter market report covers the next areas:
- Low-Powered Electrical Bike and Scooter Market Dimension
- Low-Powered Electrical Bike and Scooter Market Tendencies
- Low-Powered Electrical Bike and Scooter Market Business Evaluation
This examine identifies the emergence of all-electric off-road bikes as one of many prime causes driving the low-powered electrical motorbike and scooter market progress in the course of the subsequent few years.
Technavio suggests three forecast situations (optimistic, possible, and pessimistic) contemplating the impression of COVID-19. Technavio’s in-depth analysis has direct and oblique COVID-19 impacted market analysis reviews.
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Low-Powered Electrical Bike and Scooter Market 2020-2024: Key Highlights
- CAGR of the market in the course of the forecast interval 2020-2024
- Detailed data on components that can help low-powered electrical motorbike and scooter market progress in the course of the subsequent 5 years
- Estimation of the low-powered electrical motorbike and scooter market dimension and its contribution to the mum or dad market
- Predictions on upcoming developments and modifications in client conduct
- The expansion of the low-powered electrical motorbike and scooter market
- Evaluation of the market’s aggressive panorama and detailed data on distributors
- Complete particulars of things that can problem the expansion of low-powered electrical motorbike and scooter market distributors
Desk of Contents:
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
- Forex conversion charges for US$
PART 03: MARKET LANDSCAPE
- Market ecosystem
- Market traits
- Worth chain evaluation
- Market segmentation evaluation
PART 04: MARKET SIZING
- Market definition
- Market sizing 2019
- Market outlook
- Market dimension and forecast 2019-2024
PART 05: FIVE FORCES ANALYSIS
- Bargaining energy of patrons
- Bargaining energy of suppliers
- Risk of latest entrants
- Risk of substitutes
- Risk of rivalry
- Market situation
PART 06: MARKET SEGMENTATION BY VEHICLE TYPE
- Market segmentation by car kind
- Comparability by car kind
- Electrical scooters – Market dimension and forecast 2019-2024
- Electrical bikes – Market dimension and forecast 2019-2024
- Market alternative by car kind
PART 07: CUSTOMER LANDSCAPE
PART 08: GEOGRAPHIC LANDSCAPE
- Geographic segmentation
- Geographic comparability
- APAC – Market dimension and forecast 2019-2024
- Europe – Market dimension and forecast 2019-2024
- North America – Market dimension and forecast 2019-2024
- South America – Market dimension and forecast 2019-2024
- MEA – Market dimension and forecast 2019-2024
- Key main international locations
- Market alternative
PART 09: DECISION FRAMEWORK
PART 10: DRIVERS AND CHALLENGES
- Market drivers
- Market challenges
PART 11: MARKET TRENDS
- Launching of electrical two-wheelers by main two-wheeler producers
- Emergence of all-electric off-road bikes
- Adoption of electrical bikes and scooters for shared mobility and as supply fleets
PART 12: VENDOR LANDSCAPE
- Panorama disruption
- Aggressive situation
PART 13: VENDOR ANALYSIS
- Distributors coated
- Vendor classification
- Market positioning of distributors
- Electrotherm Ltd.
- Greaves Cotton Ltd.
- Hero Electrical Automobiles Pvt. Ltd.
- Mahindra & Mahindra Ltd.
- Niu Applied sciences
- SONGUO MOTORS Co. Ltd.
- TACITA Srl
- Z Electrical Automobile Corp.
- Zero Bikes, Inc.
- Zhejiang Luyuan Electrical Automobile Co. Ltd.
PART 14: APPENDIX
- Analysis methodology
- Record of abbreviations
- Definition of market positioning of distributors
PART 15: EXPLORE TECHNAVIO
Technavio is a number one international know-how analysis and advisory firm. Their analysis and evaluation focuses on rising market developments and offers actionable insights to assist companies establish market alternatives and develop efficient methods to optimize their market positions. With over 500 specialised analysts, Technavio’s report library consists of greater than 17,000 reviews and counting, protecting 800 applied sciences, spanning throughout 50 international locations. Their consumer base consists of enterprises of all sizes, together with greater than 100 Fortune 500 corporations. This rising consumer base depends on Technavio’s complete protection, in depth analysis, and actionable market insights to establish alternatives in current and potential markets and assess their aggressive positions inside altering market situations.
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INDUSTRY KEYWORD: MOTORCYCLES OTHER AUTOMOTIVE AUTOMOTIVE
SOURCE: Technavio Analysis
Copyright Enterprise Wire 2020.
PUB: 09/11/2020 11:15 AM/DISC: 09/11/2020 11:15 AM