The APAC Market for Electric Scooters & Motorcycles 2018: Analysis by Product, Battery Type, Voltage, Technology, and Country - Forecast to 2025 - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Aug 7, 2018--The “Asia-Pacific Electric Scooters and Motorcycles Market By Product, By Battery Type, By Voltage, By Technology, By Country - Market Size, Share, Development, Growth, and Demand Forecast, 2013-2025” report has been added to ResearchAndMarkets.com’s offering.
The APAC electric scooters and motorcycles market is projected to reach 31.2 million units by 2025.
The growth of the market is majorly driven by the rising urbanization in the growing economies of the APAC region such as India and China, the increasing demand for the means of transport in small cities in the APAC region, and the growing environmental concern and awareness.
On the basis of battery type, the APAC electric scooters and motorcycles market is segmented into sealed lead acid (SLA) and lithium-ion (Li-ion) batteries. Among these, the volume sales of the SLA category accounted for a larger share, accounting for 85% contribution in 2017. However, the Li-ion category is expected to grow at a faster rate when compared to the SLA category during the forecast period, owing to their light weight and longer expected life.
On the basis of technology, the APAC electric scooters and motorcycles market is segmented into plug-in and battery types. Among these, the plug-in category recorded higher sales by volume, accounting for more than 90% share in the market in 2017. The category is expected to continue its dominance in terms of size against the battery category during the forecast period as well, owing to ease of convenience and the lack of battery swapping infrastructure in the region.
Key HighlightsRising urbanization and increasing demand for lighter modes of transport expected to boost the market growth Increased environmental concern and awareness raised by the government promoting the growth of the market
Key Topics Covered
Chapter 1. Research Background
Chapter 2. Research Methodology
Chapter 3. Executive Summary
Chapter 4. Introduction
Chapter 5. OEM Analysis
Chapter 6. Asia-Pacific Market Size & Forecast
Chapter 7. Competitive Landscape
Chapter 8. Company ProfilesYadea Group Holdings Ltd Aima Technology Group Co. Ltd. Zhejiang Luyuan Electric Vehicle Co. Ltd. Jiangsu Xinri E-Vehicle Co. Ltd. Dongguan Tailing Electric Vehicle Co. Ltd. Vmoto Limited Hero Electric Vehicles Pvt. Ltd.
For more information about this report visit https://www.researchandmarkets.com/research/glxsck/the_apac_market?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20180807005562/en/
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Related Topics:Motorcycles,Electric and Hybrid Vehicles
KEYWORD: ASIA PACIFIC
INDUSTRY KEYWORD: ALTERNATIVE VEHICLES/FUELS AUTOMOTIVE MOTORCYCLES
SOURCE: Research and Markets
Copyright Business Wire 2018.
PUB: 08/07/2018 10:41 AM/DISC: 08/07/2018 10:41 AM