Electric Two Wheeler Sharing Market Scope
Electric two wheeler sharing is a shared transport service. In the service, electric motorized scooters are available to use on rentals. Riding electric two wheelers or scooters is beneficial for the elderly and those who suffer from health problems that prohibit them from engaging in exercise. Riding electric two wheelers doesn’t need any physical exhaustion.
The Electric Two Wheeler Sharing market study is segmented by Type (Electric Motorcycle and Electric Scooter), by Application (Scooters, Mopeds, Kick-Scooters and Bikes) and major geographies with country level break-up.
Global Electric Two Wheeler Sharing is a fragmented market due to the presence of various players. The players are focusing on investing more in Launching New Products. These will enhance their market presence. The companies are also planning strategic activities like partnerships, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge.
Cityscoot (France), Hero Electric (India), Jiangsu Xinri E-Vehicle Co., Ltd (China), Ampere Vehicles (India), Wuxi YADEA Export-Import Co., Ltd (China), GOVECS AG (Germany), Vmoto Limited (Australia), China Zhongneng Vehicle Group Co., Ltd (China), Energica Motor Company S.p.An (Italy), Niu International (China) and Zero Motorcycles, Inc. (United States) are some of the key players that are part of study coverage.
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
Segmentation Overview
AMA Research has segmented the market of Global Electric Two Wheeler Sharing market by Type, Application and Region.
On the basis of geography, the market of Electric Two Wheeler Sharing has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
On 16th October 2020, Hero Electric has launched new Hero Electric City Speed scooters. The new scooters have a top speed of around 45 kmph and will deliver a riding range of around 70 kms - 200 kms. The new launch includes three scooters including Optima-HX, Photon-HX and NYX-HX.
Market Trend
- Technological Advancement across the Globe
- Surging Fuel Prices
Market Drivers
- Increasing Consumer Demand for Electric Scooters
- Rising Popularity for Electric Two Wheeler Sharing
Opportunities
- Rising Adoption of Electric Two Wheelers will create Opportunity for Electric Two Wheeler Sharing Market Growth
Restraints
- High Cost Associated with Electric Two Wheelers
Challenges
- Regulatory Standards on the use of Electric Two Wheelers
Key Target Audience
Electric Two Wheeler Sharing, Regulatory Bodies, Potential Investors, Research and Development Institutes and Others