Description

Frost & Sullivan’s mobility team tracks the two-wheeler (2W) industry by conducting extensive research and analysis on the micro and macro trends shaping it. This report lists the top growth opportunity areas for 2W and three-wheeler (3W) industry players, including key use cases for each one.

The industry shift toward electric 2Ws and 3Ws (e2Ws and e3Ws) is creating immense opportunities in the areas of rider safety, connectivity, battery charging, battery technology, and sustainable fuel technology.

Frost & Sullivan expects 2Ws and 3Ws to become a major mobility solution as both efficient transportation and as a major data collection tool that will open huge business opportunities in 2023 and beyond.

The ten growth opportunities covered here include the rise of embedded telematics in e2W, advanced rider assistance system (ARAS), proliferation of color TFT touch screen multi-information display, growth in e2W and e3W battery swapping technology, rise of solid-state battery technology for e2W, subscription-based financing plans to drive demand for e2W, eCargo bikes for urban delivery, 3D printing to make e2Ws lighter and more economic, emergence of purpose-built 2Ws, and the advent of hydrogen-powered 2Ws.

Author: Shraddha Manjrekar