Australia Electric Two-Wheeler Market Trends, Share, Size, Demand, Revenue and Future Outlook
Australia Electric Two-Wheeler Market Growth, Size, Trends Analysis- By Vehicle Type, By Battery Type, By Distribution Channel, By Battery Voltage- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
| Published: Dec-2024 | Report ID: AMIN24250 | Pages: 1 - 107 | Formats*: |
| Category : Automotive & Transportation | |||
Australia Electric Two-Wheeler Market Introduction and Overview
According to SPER Market Research, the Australia Electric Two-Wheeler Market is estimated to reach USD XX billion by 2033 with a CAGR of XX%.
The report includes an in-depth analysis of the Australia Electric Two-Wheeler Market, including market size and trends, product mix, Applications, and supplier analysis. Vehicles that run on electricity rather than conventional internal combustion engines are known as electric two-wheelers. They cover a broad spectrum of goods, such as electric scooters and bicycles (e-bikes). Electric motors drive these cars, which also store energy in rechargeable batteries. Electric two-wheelers are a sustainable form of transportation that helps to address environmental issues and lower carbon footprints.
- In 2022, HERO Electric formed a strategic relationship with Jio-BP to work on electric vehicle charging and battery solutions. The agreement is expected to dramatically improve the company's after-sales services.
Market Opportunities and Challenges
Opportunities: The improvement of EV battery technology promotes market demand for electric two-wheelers since the battery charges faster, is safer to run, and is lightweight, as well as flexible enough to allow for vehicle design innovation. Technological advancements in EV batteries improve EV performance, reduce reliance on limited resources, and drive down EV maintenance costs. EVs are now fitted with lithium-ion batteries, which address safety concerns and provide a better driving experience while also lowering the cost of EVs. Companies in the market intend to invest in various R&D efforts to improve the performance of EV batteries, boost range, extend lifespan, and enable faster charging.
Challenges: The high initial cost of electric two-wheelers, which is mostly due to the cost of batteries, can be a big disincentive for price-conscious consumers. While electric vehicles, in general, are becoming more cost-competitive over time, the initial cost remains a significant issue in consumer selections. The cost of batteries is a significant component to the higher initial cost of electric two-wheelers. Advances in battery technology have resulted in cost reductions, although batteries continue to account for a significant amount of the overall vehicle cost due to the high performance and energy density required for electric vehicles.
Market Competitive Landscape
Key companies in the electric two-wheeler market are pursuing a variety of techniques to achieve their goals. The techniques include supporting innovation, applying stringent quality control procedures for their products, forming strategic alliances, optimizing supply chain management systems, and constantly improving their products and technologies. Key market players are Ather Energy Private Limited, Vmoto Ltd, Yadea Group Holdings Ltd, AIMA Technology Group Co., Ltd, Australian Electric Motor Co, Piaggio & C. S.p.A, Zero Motorcycles, Inc, Hero Electric Vehicles Pvt. Ltd, Dyson bikes, Savic Motorcycles Pty. Ltd.
Scope of the report:
| Report Metric | Details |
| Market size available for years | 2020-2033 |
| Base year considered | 2023 |
| Forecast period | 2024-2033 |
| Segments covered | By Vehicle Type, By Battery Type, By Distribution Channel, By Battery Voltage |
| Regions covered | Eastern Region, Western Region, Southern Region, Northern Region |
| Companies Covered | Ather Energy Private Limited, Vmoto Ltd, Yadea Group Holdings Ltd, AIMA Technology Group Co., Ltd, Australian Electric Motor Co, Piaggio & C. S.p.A, Zero Motorcycles, Inc, Hero Electric Vehicles Pvt. Ltd, Dyson bikes, Savic Motorcycles Pty. Ltd. |
By Vehicle Type Insights:
Electric scooters have the greatest market share in Australia's electric two-wheeler market due to their growing popularity for commercial purposes such as delivery, short trips, and greater air pollution concerns. To meet the growing demand for high-performance electric scooters, market players are working hard to improve the functionality of these vehicles. Furthermore, the demand for electric scooters in Australia is growing due to its economical design and enhanced safety features such as electric bike headlights, dual front suspension, a phone holder, and triple brakes. Key market participants want to launch electric scooters with a variety of innovative features to meet increased demand for electric scooters while also providing safe, convenient, and environmentally friendly services.
COVID-19 Impact on Australia Electric Two-Wheeler Market
The Covid-19 epidemic has had a mixed impact on Australia's electric two-wheeler market. While the early lockdown measures and limitations hampered sales and production of electric two-wheelers, the industry gradually recovered as consumers sought alternative ways of transportation. During the epidemic, there was a greater emphasis on health, outdoor activities, and individual mobility. As consumers abandoned public transit in favor of safe and socially distant commuting options, electric two-wheelers became increasingly popular. Electric two-wheelers are a feasible alternative to overcrowded buses and trains, allowing people to maintain social distance while traveling.
Key Target Audience:
- Delivery and Logistics Companies
- Fleet Operators
- Government and Municipal Authorities
- Corporate Buyers
- Dealers and Distributors
- Technology and Battery Suppliers
- Tourism and Hospitality Sector
- Educational Institutions
- Environmental Advocacy Groups
Our in-depth analysis of the Australia Electric Two-Wheeler Market includes the following segments:
| By Vehicle Type: | |
| By Battery Type: | |
| By Distribution Channel: | |
| By Battery Voltage: |
Key Topics Covered in the Report:
- Australia Electric Two-Wheeler Market Size (FY’2024-FY’2033)
- Overview of Australia Electric Two-Wheeler Market
- Segmentation of Australia Electric Two-Wheeler Market By Vehicle Type (Motorcycle, Scooter/Mopeds)
- Segmentation of Australia Electric Two-Wheeler Market By Battery Type (Lead Acid, Lithium-ion, Others)
- Segmentation of Australia Electric Two-Wheeler Market By Distribution Channel (Online, Offline)
- Segmentation of Australia Electric Two-Wheeler Market By Battery Voltage (Up-to 24V, 25V-60V, 60V and Above)
- Statistical Snap of Australia Electric Two-Wheeler Market
- Expansion Analysis of Australia Electric Two-Wheeler Market
- Problems and Obstacles in Australia Electric Two-Wheeler Market
- Competitive Landscape in the Australia Electric Two-Wheeler Market
- Impact of COVID-19 and Demonetization on Australia Electric Two-Wheeler Market
- Details on Current Investment in Australia Electric Two-Wheeler Market
- Competitive Analysis of Australia Electric Two-Wheeler Market
- Prominent Players in the Australia Electric Two-Wheeler Market
- SWOT Analysis of Australia Electric Two-Wheeler Market
- Australia Electric Two-Wheeler Market Future Outlook and Projections (FY’2024-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report1.2. Market segment analysis
2. Research Methodology
2.1. Research data source2.1.1. Secondary Data2.1.2. Primary Data2.1.3. SPER’s internal database2.1.4. Premium insight from KOL’s2.2. Market size estimation2.2.1. Top-down and Bottom-up approach2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis4.1.1. Drivers4.1.2. Restraints4.1.3. Opportunities4.1.4. Challenges4.2. COVID-19 Impacts of the Australia Electric Two-Wheeler Market.
5. Market variable and outlook
5.1. SWOT Analysis5.1.1. Strengths5.1.2. Weaknesses5.1.3. Opportunities5.1.4. Threats5.2. PESTEL Analysis5.2.1. Political Landscape5.2.2. Economic Landscape5.2.3. Social Landscape5.2.4. Technological Landscape5.2.5. Environmental Landscape5.2.6. Legal Landscape5.3. PORTER’s Five Forces5.3.1. Bargaining power of suppliers5.3.2. Bargaining power of buyers5.3.3. Threat of Substitute5.3.4. Threat of new entrant5.3.5. Competitive rivalry5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Australia Electric Two-Wheeler Market Manufacturing Base Distribution, Sales Area, Product Type6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Australia Electric Two-Wheeler Market
7. Australia Electric Two-Wheeler Market, By Vehicle Type (USD Million) 2020-2033
7.1. Australia Electric Two-Wheeler Market Size, Share and Forecast, By Vehicle Type, 2020-20267.2. Australia Electric Two-Wheeler Market Size, Share and Forecast, By Vehicle Type, 2027-20337.3. Motorcycle7.4. Scooter/Mopeds
8. Australia Electric Two-Wheeler Market, By Battery Type (USD Million) 2020-2033
8.1. Australia Electric Two-Wheeler Market Size, Share and Forecast, By Battery Type, 2020-20268.2. Australia Electric Two-Wheeler Market Size, Share and Forecast, By Battery Type, 2027-20338.3. Lead Acid8.4. Lithium-ion8.5. Others
9. Australia Electric Two-Wheeler Market, By Distribution Channel (USD Million) 2020-2033
9.1. Australia Electric Two-Wheeler Market Size, Share and Forecast, By Distribution Channel, 2020-20269.2. Australia Electric Two-Wheeler Market Size, Share and Forecast, By Distribution Channel, 2027-20339.3. Online9.4. Offline
10. Australia Electric Two-Wheeler Market, By Battery Voltage (USD Million) 2020-2033
10.1. Australia Electric Two-Wheeler Market Size, Share and Forecast, By Battery Voltage, 2020-202610.2. Australia Electric Two-Wheeler Market Size, Share and Forecast, By Battery Voltage, 2027-203310.3. Up-to 24V10.4. 25V-60V10.5. 60V and Above
11. Australia Electric Two-Wheeler Market Forecast, 2020-2033 (USD Million)
11.1. Australia Electric Two-Wheeler Market Size and Market Share
12. Australia Electric Two-Wheeler Market, By Region, 2020-2033 (USD Million)
12.1. Australia Electric Two-Wheeler Market Size and Market Share By Region (2020-2026)12.2. Australia Electric Two-Wheeler Market Size and Market Share By Region (2027-2033)12.3. Eastern Region12.4. Western Region12.5. Southern Region12.6. Northern Region
13. Company Profile
13.1. Ather Energy Private Limited13.1.1. Company details13.1.2. Financial outlook13.1.3. Product summary13.1.4. Recent developments13.2. Vmoto Ltd13.2.1. Company details13.2.2. Financial outlook13.2.3. Product summary13.2.4. Recent developments13.3. Yadea Group Holdings Ltd13.3.1. Company details13.3.2. Financial outlook13.3.3. Product summary13.3.4. Recent developments13.4. AIMA Technology Group Co., Ltd13.4.1. Company details13.4.2. Financial outlook13.4.3. Product summary13.4.4. Recent developments13.5. Australian Electric Motor Co13.5.1. Company details13.5.2. Financial outlook13.5.3. Product summary13.5.4. Recent developments13.6. Piaggio & C. S.p.A13.6.1. Company details13.6.2. Financial outlook13.6.3. Product summary13.6.4. Recent developments13.7. Zero Motorcycles, Inc13.7.1. Company details13.7.2. Financial outlook13.7.3. Product summary13.7.4. Recent developments13.8. Hero Electric Vehicles Pvt. Ltd13.8.1. Company details13.8.2. Financial outlook13.8.3. Product summary13.8.4. Recent developments13.9. Dyson Bikes13.9.1. Company details13.9.2. Financial outlook13.9.3. Product summary13.9.4. Recent developments13.10. Savic Motorcycles Pty. Ltd13.10.1. Company details13.10.2. Financial outlook13.10.3. Product summary13.10.4. Recent developments13.11. Others
14. Conclusion
15. List of Abbreviations
16. Reference Links
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
Australia Electric Two-Wheeler Market is projected to reach USD XX billion by 2033, growing at a CAGR of XX% during the forecast period.
Australia Electric Two-Wheeler Market grew in Market size from 2024. The Market is expected to reach USD XX billion by 2033, at a CAGR of XX% during the forecast period.
Australia Electric Two-Wheeler Market CAGR of XX% during the forecast period.
You can get the sample pages by clicking the link - Click Here
Australia Electric Two-Wheeler Market size is USD XX billion from 2024 to 2033.
Australia Electric Two-Wheeler Market is covered By Vehicle Type, By Battery Type, By Distribution Channel and By Battery Voltage
The Asia Pacific is anticipated to have the highest Market share in the Australia Electric Two-Wheeler Market.
The Key players in the Market include Companies Covered Ather Energy Private Limited, Vmoto Ltd, Yadea Group Holdings Ltd, AIMA Technology Group Co., Ltd, Australian Electric Motor Co, Piaggio & C. S.p.A, Zero Motorcycles, Inc, Hero Electric Vehicles Pvt. Ltd, Dyson bikes, Savic Motorcycles Pty. Ltd.
The high cost of advanced diabetes drugs and the financial burden of treating diabetes remain major obstacles to market growth, despite the fact that numerous drugs have been approved for the condition and that governments and industry players are launching numerous initiatives.
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