+$12 Billion China Electric Scooters & Motorcycles Market by Product, Battery Type, Voltage, and Technology - Forecast to 2025 - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Jul 30, 2018--The “China Electric Scooters and Motorcycles Market by Product, by Battery Type, by Voltage, by Technology - Market Size, Share, Development, Growth and Demand Forecast, 2013-2025” report has been added to ResearchAndMarkets.com’s offering.
China electric scooters and motorcycles market is forecasted to reach over $12 billion by 2025.
Increasing pollution awareness among people and growing urbanization are driving the growth of the market. Electric scooters and motorcycles use electric battery for propulsion and do not produce any emissions.
Moreover, these electric two-wheelers are virtually silent and do not cause noise pollution. Electric two-wheelers can manoeuvre through congested streets; can be charged from traditional wall outlets and can have a removable battery.
As per the research findings, lead acid powered electric scooters and motorcycles contributed majority of the industry sales, however, the share of lithium-ion battery powered two-wheelers is expected to grow significantly over the forecast period due to the declining prices of lithium-ion batteries and its advantages over lead acid battery.
Electric scooters being simple and smart are best suited for delivery services such as in fast food joints and e-commerce. The demand of electric two-wheelers for delivery services is driving its sales, given the growth of e-commerce and internet penetration in the country. Electric scooters and motorcycles are expected to become a mainstay for such services in future.
On the basis of voltage, the 48V battery powered scooters account for a majority of industry sales, as these two-wheelers provide sufficient power to ride on congested roads, at a reasonable price. Based on technology, plug-in electric scooters and motorcycles accounted for majority sales during the historic period and it will continue to dominate the country sales over the forecast period.
Key HighlightsGrowing urbanization continue to benefit the sales Fragmented market structure
Key Topics Covered
Chapter 1. Research Background
Chapter 2. Research Methodology
Chapter 3. Executive Summary
Chapter 4. Introduction
Chapter 5. Market Size & Forecast By Product
Chapter 6. Market Size & Forecast By Battery Type
Chapter 7. Market Size & Forecast By Voltage
Chapter 8. Market Size & Forecast By Technology
Chapter 9. Competitive Landscape
Chapter 10. Company ProfilesYadea Group Holdings Ltd. Aima Group Zhejiang Luyuan Electric Vehicle Co. Ltd. Jiangsu Xinri E-Vehicle Co. Ltd. Dongguan Tailing Electric Vehicle Co. Ltd.
For more information about this report visit https://www.researchandmarkets.com/research/78t5dc/12_billion?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20180730005664/en/
Laura Wood, Senior Manager
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics:Motorcycles,Automotive Batteries,Electric and Hybrid Vehicles
KEYWORD: ASIA PACIFIC CHINA
INDUSTRY KEYWORD: ALTERNATIVE VEHICLES/FUELS AUTOMOTIVE MOTORCYCLES
SOURCE: Research and Markets
Copyright Business Wire 2018.
PUB: 07/30/2018 02:11 PM/DISC: 07/30/2018 02:11 PM