India Electric Scooter and Motorcycle Market In-depth Analysis of the Industry with Future Estimations

1. India Electric Scooter and Motorcycle Market By Industry Share, Revenue, Growth, Global Foresight And Key Growth Drivers 1 ©P&SIntelligence.Allrightsreserved

2. Due to the rising sales of electric scooters and motorcycles in the country, the Indian electric scooter and motorcycle market is predicted to attain a revenue of $1,043.4 million in 2025. The sales of electric two-wheelers are rising rapidly in India because of the increasing environmental concerns, implementation of strict emission regulations, increasing government support for automobile electrification, and the provision of various financial incentives by both central and state governments on the purchase of electric vehicles in the country. Because of these factors, 1,080.5 thousand units of electric motorcycles and scooters will be sold in the country by the end of 2025. Moreover, the sales volume of these vehicles will grow at a CAGR of 57.9% between 2020 and 2025. The COVID-19 pandemic has caused a significant slowdown of the Indian electric scooter and motorcycle market. The nationwide lockdown announced by the Indian government for controlling the spread of the virus has massively hampered the sales of two-wheelers in the country. While the government is expected to provide tax deferrals and financial support in the near future, it is speculated that in the long run, the government will focus more on other pressing economic and social issues. The International Monetary Fund (IMF) has announced that a ‘deep recession’ would soon follow, with markets already cashing over 30% across the globe. These factors are massively affecting the flow of investments, which are extremely crucial in this capital-intensive industry. Request to Get the Sample Report@ https://www.psmarketresearch.com/market- analysis/india-electric-scooter-and-motorcycle-market/report-sample The Indian electric scooter and motorcycle market is advancing rapidly in Karnataka and Delhi. This is because of the growing demand for two-wheeler mobility services by migrants, the rising government support, the soaring environmental concerns being raised in the states, and the increasing public preference toward eco-friendly modes of transportation such as electric motorcycles and scooters over the conventionally used fuel-powered vehicles. Tamil Nadu and Uttar Pradesh are predicted to be the two largest markets for electric two-wheelers in India by 2025. The Indian electric scooter and motorcycle market players are increasing focusing on product launches for availing the benefits of the FAME-II (Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles in India) scheme. According to the eligibility criteria under the scheme, electric scooters must have a minimum top speed of 40 kmph and minimum range of 80 km per charge. Hero Electric Vehicles Pvt. Ltd.,Tunwal E-Vehicle India Pvt. Ltd., Ampere Vehicles Pvt. Ltd. (Greaves Cotton Ltd.),Ather Energy Pvt. Ltd.,Bajaj Auto Ltd.,TWENTY TWO MOTORS PVT. LTD. (22 KYMCO),TVS Motor Co. Ltd.,Okinawa Autotech Pvt. Ltd.,LOHIA AUTO INDUSTRIES,Avon Cycles Ltd., and Electrotherm (India) Ltd. are some of the prominent Indian electric scooter and motorcycle market players. Make Enquiry Before Buying the Report@ https://www.psmarketresearch.com/send- enquiry?enquiry-url=india-electric-scooter-and-motorcycle-market

3. Market Segmentation by Product Scooter Motorcycle Market Segmentation by Battery Type Sealed Lead Acid Lithium-Ion (Li-Ion) Market Segmentation by Voltage 36 V 48 V 60 V 72 V and others Market Segmentation by Technology Removable Non-Removable Market Segmentation by Maximum Speed <25 km/h 25–50 km/h >50 km/h Market Segmentation by Sales Channel Online Offline Market Segmentation by Application Business-to-Business (B2B)  oShared mobility oLast-mile logistics Business-to-Customer (B2C) Market Segmentation by State Uttar Pradesh Electric Scooters and Motorcycles Market oBy product oBy battery type oBy voltage oBy technology oBy maximum speed oBy sales channel Maharashtra Electric Scooters and Motorcycles Market oBy product oBy battery type oBy voltage oBy technology oBy maximum speed oBy sales channel

4. West Bengal Electric Scooters and Motorcycles Market oBy product oBy battery type oBy voltage oBy technology oBy maximum speed oBy sales channel Madhya Pradesh Electric Scooters and Motorcycles Market oBy product oBy battery type oBy voltage oBy technology oBy maximum speed oBy sales channel Gujarat Electric Scooters and Motorcycles Market oBy product oBy battery type oBy voltage oBy technology oBy maximum speed oBy sales channel Tamil Nadu Electric Scooters and Motorcycles Market oBy product oBy battery type oBy voltage oBy technology oBy maximum speed oBy sales channel Delhi Electric Scooters and Motorcycles Market oBy product oBy battery type oBy voltage oBy technology oBy maximum speed oBy sales channel Rajasthan Electric Scooters and Motorcycles Market oBy product oBy battery type oBy voltage oBy technology oBy maximum speed oBy sales channel Karnataka Electric Scooters and Motorcycles Market oBy product

5. oBy battery type oBy voltage oBy technology oBy maximum speed oBy sales channel Haryana Electric Scooters and Motorcycles Market oBy product oBy battery type oBy voltage oBy technology oBy maximum speed oBy sales channel Rest of India Electric Scooters and Motorcycles Market oBy product oBy battery type oBy voltage oBy technology oBy maximum speed oBy sales channel This study covers Historical and the present size of the Indian electric scooter and motorcycle market Future potential of the market through its forecast for the period 2014-2025 Major factors driving the market and their impact during the short, medium, and long terms Market restraints and their impact during the short, medium, and long terms Recent trends and evolving opportunities for the market participants Historical and the present size of the market segments and understand their comparative future potential Potential of on-demand logistics services, so the market players make informed decisions on the sales of their offerings Competitive scenario of various market segments across key countries in several regions for uncovering market opportunities for the stakeholders Major players operating in the market and their service offerings Recent strategic developments by the major players in the market About P&S Intelligence P&S Intelligence is a provider of market research and consulting services catering to the market information needs of burgeoning industries across the world. Providing the plinth of market intelligence, P&S as an enterprising research and consulting company, believes in providing thorough landscape analyses on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness.

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