USD
GBP 
CNY 
EUR 
INR 
JPY 
MYR 
ZAR 
KRW 
THB 
Strategic Analysis of the Electric Two-wheeler Sector by Region, 2023 2030
Regulations, Incentives, and Emission Targets are Driving Transformational Growth in Global Electric Two-wheeler Sales
04-Nov-2024
Global
Market Research
MH8B-01-00-00-00
AU_2024_1101
This Frost & Sullivan analysis examines the global electric two-wheeler (E2W) industry, covering key regions, namely the top-five E2W markets and their major players. This analysis identifies key market drivers and restraints, E2W segments (mopeds, scooters, and motorcycles), and major regulations, with a segmentation by region. Innovative business models, competitive intensity, and industry convergence are the Strategic Imperatives that will most affect the E2W industry, due to the development of online shopping, the entry of more OEMs to the market, and the convergence of software and E2W.
This analysis also covers charging infrastructure in regional E2W markets and examines the role and importance of E2Ws in the ride-sharing and courier, express, and parcel (CEP) service industries. Frost & Sullivan has conducted a region-based political, economic, socio-cultural, and technological (PEST) analysis to capture these markets’ characteristics and forecast annual E2W unit sales. The forecast covers the top 16 E2W markets in Asia, Europe, North America, and Latin America—these 16 country markets constituted 99.9% of global E2W sales in 2022. The forecast generates annual sales for the selected countries from 2023 to 2030, and uses historical annual sales data from 2018 to 2022, including qualitative and quantitative factors.
Scope of Analysis
E2W Segmentation and Definition
Segmentation by Region
Why is it Increasingly Difficult to Grow?
The Strategic Imperative 8™
The Impact of the Top 3 Strategic Imperatives on the Electric Two-wheeler Industry
Competitive Environment
Key Competitors by Region
Major Electric Two-wheeler Regions
Forecast Methodology
Growth Metrics
Growth Drivers
Growth Restraints
Forecast Considerations
Unit Shipment Forecast
Unit Shipment Forecast by Region
Competitive Environment
Sales Shares of Top Participants
Takeaways
Growth Metrics
Growth Drivers
Growth Restraints
Unit Shipment Forecast for North America
Percent Unit Shipment Forecast for North America
Select E2W Motor Power and Voltage Architecture Analysis
PEST Analysis
E2W Segments
E2W Subsidies and Regulations
Takeaways
Growth Metrics
Growth Drivers
Growth Restraints
Unit Shipment Forecast for Europe
Percent Unit Shipment Forecast for Europe
Select E2W Motor Power and Voltage Architecture Analysis
PEST Analysis
E2W Segments
E2W Subsidies and Regulations
Competitive Environment
Takeaways
Growth Metrics
Growth Drivers
Growth Restraints
Unit Shipment Forecast for Asia
Percent Unit Shipment Forecast for Asia
Select E2W Motor Power and Voltage Architecture Analysis
PEST Analysis
E2W Segments
E2W Subsidies and Regulations
Competitive Environment
Takeaways
Growth Metrics
Growth Drivers
Growth Restraints
Unit Shipment Forecast for Latin America
Percent Unit Shipment Forecast for Latin America
Select E2W Motor Power and Voltage Architecture Analysis
PEST Analysis
E2W Segments
E2W Subsidies and Regulations
Competitive Environment
Growth Opportunity 1: Electric Two-wheelers for Micromobility Fleets
Growth Opportunity 1: Electric Two-wheelers for Micromobility Fleets (continued)
Growth Opportunity 2: E2Ws with Embedded Connectivity Technology
Growth Opportunity 2: E2Ws with Embedded Connectivity Technology (continued)
Growth Opportunity 3: Advanced Rider Assistance Systems in E2Ws Will Increase Ridership
Growth Opportunity 3: Advanced Rider Assistance Systems in E2Ws Will Increase Ridership (continued)
Benefits and Impacts of Growth Opportunities
Next Steps
List of Exhibits
List of Exhibits (continued)
Legal Disclaimer
List of Figures
- E2W Market: Major E2W Regions, Global, 2023
- E2W Market: Growth Metrics, Global, 2023
- E2W Market: Growth Drivers, Global, 2024-2030
- E2W Market: Growth Restraints, Global, 2024-2030
- E2W Market: Unit Shipment Forecast, Global, 2019-2030
- E2W Market: Unit Shipment Forecast by Region, Global, 2019-2030
- E2W Market: Sales Share of Top Participants, Global, 2023
- E2W Market: Growth Metrics, North America, 2023
- E2W Market: Growth Drivers, North America, 2024-2030
- E2W Market: Growth Restraints, North America, 2024-2030
- E2W Market: Unit Sales Forecast by Country, North America, 2019-2030
- E2W Market: Market Share Comparison, North America, 2023 and 2030
- E2W Market: Motor Power and Voltage Architecture, North America, 2023
- E2W Market: Growth Metrics, Europe, 2023
- E2W Market: Growth Drivers, Europe, 2024-2030
- E2W Market: Growth Restraints, Europe, 2024-2030
- E2W Market: Unit Sales Forecast by Country, Europe, 2019-2030
- E2W Market: Market Share Comparison, Europe, 2023 and 2030
- E2W Market: Motor Power and Voltage Architecture, Europe, 2023
- E2W Market: Growth Metrics, Asia, 2023
- E2W Market: Growth Drivers, Asia, 2024-2030
- E2W Market: Growth Restraints, Asia, 2024-2030
- E2W Market: Unit Sales Forecast by Country, Asia, 2019-2030
- E2W Market: Market Share Comparison, Asia, 2023 and 2030
- E2W Market: Motor Power and Voltage Architecture, Asia, 2023
- E2W Market: Growth Metrics, Latin America, 2023
- E2W Market: Growth Drivers, Latin America, 2024-2030
- E2W Market: Growth Restraints, Latin America, 2024-2030
- E2W Market: Unit Sales Forecast by Country, Latin America, 2019-2030
- E2W Market: Market Share Comparison, Latin America, 2023 and 2030
- E2W Market: Motor Power and Voltage Architecture, Latin America, 2023
Speak directly with our analytics experts for tailored recommendations.
Recent related Automotive research
29 Oct 2026 | Global | Market Research
Heavy Commercial Vehicle Human Machine Interface (HMI) Market, Europe and North America, 2025–2033
The human-machine interface (HMI) market for heavy commercial vehicles (HCVs) in Europe and North America is undergoing rapid transformation, driven by regulatory mandates, automation, and connected interface innovation. The convergence of software-defined vehicle (SDV) architectures and advanced dr...
23 Oct 2026 | Global | Technology Research
Growth Opportunities in Vision Sensing, Automated Logistics, Drones, Batteries and RISC-V Cores
The Mobility Technology Opportunity Engine (TOE) covers innovations pertaining to Vision Sensing, Automated Logistics, Drones, Batteries and RISC-V Cores.The purpose of the Mobility Technology TOE is to raise awareness of global technology innovations in self-propelled ground-based mobile platforms ...
16 Oct 2026 | Global | Market Research
Via Transportation: Strategic Profile, Global, 2026
Via Transportation, Inc. (Via) is a leading business-to-business (B2B) transit software and tech-enabled operations company. The company’s platform serves five segments of the global demand-response transit (DRT) market: microtransit, paratransit, school transport, corporate/campus transport, and no...
15 Oct 2026 | Asia Pacific | Market Outlook
Automotive Market Opportunities, South Korea, 2026
This Frost & Sullivan report analyzes South Korea’s automotive market, focusing on passenger vehicles and light commercial vehicles.South Korea has built a fully integrated supply chain, covering everything from manufacturing to sales and aftermarket services. The entire business cycle is continuous...
15 Oct 2026 | Asia Pacific | Market Research
Replacement Turbocharger Aftermarket in Passenger and Light Commercial Vehicles, China, 2026–2032
This study provides a comprehensive assessment of the automotive turbocharger replacement aftermarket in China, with a 2025 base year and forecasts extending through 2032. The analysis covers the replacement market across passenger vehicles and light commercial vehicles, evaluating market size, unit...
Purchase includes:
- Report download
- Growth Dialog™ with our experts
Growth Dialog™
A tailored session with you where we identify the:- Strategic Imperatives
- Growth Opportunities
- Best Practices
- Companies to Action
Impacting your company's future growth potential.