Electric Mobility Industry | Forecast 2030
Electric Mobility Industry Data Book – Two-Wheeler, Three-Wheeler and Light Commercial Vehicles Market
Grand View Research’s electric mobility industry data book is a collection of market sizing information & forecasts, regulatory data, reimbursement structure, competitive benchmarking analyses, macro-environmental analyses, and regulatory & technological framework studies. Within the purview of the database, all such information is systematically analyzed and provided in the form of presentations and detailed outlook reports on individual areas of research. Surge in the adoption of EVs, especially e-scooters among the youth, light commercial vehicles for rapid transportation with reduced carbon footprints and increasing purchasing capacity across the globe are expected to significantly increase the demand for E- mobility, thereby supporting the market growth.
Electric Mobility Industry Data Book Coverage Snapshot
Markets Covered
· Electric Mobility Industry USD 101.67 billion in 2022, 19.9% CAGR (2023-2030)
· Electric Two-Wheeler Market Size USD 91.07 billion in 2022, 13.0% CAGR (2023-2030)
· Electric Three-Wheeler Market Size USD 1.28 billion in 2022, 7.7% CAGR (2023-2030)
· Electric Light Commercial Vehicles Market Size USD 9.30 billion in 2022, 39.0% CAGR (2023-2030)
Access the Global Electric Mobility Industry Data Book, 2023 to 2030, compiled with details like market sizing information & forecasts, trade data, pricing intelligence, competitive benchmarking, macro-environmental analyses, and regulatory & technological framework studies
Electric Three Wheeler Market Growth & Trends
The global electric three wheeler market size is expected to reach USD 1.57 billion by 2030 with a CAGR growth of 7.5% from 2022 to 2030, according to a new report by Grand View Research, Inc. The market growth of electric three wheelers is attributed to factors such as the increasing inclination towards electric vehicles as a sustainable, and efficient alternative for public commuting. The increasing carbon emission level in the environment by fossil fuel-powered conventional vehicles has become a significant concern for governmental and environmental organizations. This has resulted in electric three-wheeler vehicles being perceived as a solution to reduce carbon emissions caused by conventional three wheelers. In addition to this, increasing traffic congestion and rising fuel prices across regions have further propelled the market of electric three wheelers as passenger carriers.
Order your copy of the Free Sample of “Electric Mobility Industry Data Book – Two-Wheeler, Three-Wheeler and Light Commercial Vehicles Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 – 2030” Data Book, published by Grand View Research
Electric Three Wheeler Market Growth & Trends
The global electric three wheeler market size is expected to reach USD 1.57 billion by 2030 with a CAGR growth of 7.5% from 2022 to 2030, according to a new report by Grand View Research, Inc. The market growth of electric three wheelers is attributed to factors such as the increasing inclination towards electric vehicles as a sustainable, and efficient alternative for public commuting. The increasing carbon emission level in the environment by fossil fuel-powered conventional vehicles has become a significant concern for governmental and environmental organizations. This has resulted in electric three-wheeler vehicles being perceived as a solution to reduce carbon emissions caused by conventional three wheelers. In addition to this, increasing traffic congestion and rising fuel prices across regions have further propelled the market of electric three wheelers as passenger carriers.
Go through the table of content of Electric Mobility Industry Data Book to get a better understanding of the Coverage & Scope of the study
Electric Motorcycle Market Growth & Trends
The global electric motorcycle market size is anticipated to be valued at USD 121.07 billion by 2030 and is expected growth by CAGR 19.0% over the forecast period, according to a new study by Grand View Research Inc. The electric motorcycle industry is expected to expand due to the growing consensus regarding the increasing concentration of greenhouse gases in the environment. The government introduced favorable tax and purchasing subsidies in economies such as Asia Pacific, North America, and Europe is also supporting the market growth. Furthermore, the development of battery technology, including electric motorcycles in delivery fleets and mobility as a service, is further acting as an opportunity for the uptake of electric motorcycles. However, due to the underdeveloped charging infrastructure, range anxiety among the end-users, and the high vehicle cost are among the challenges the market faces over the forecast period.
Competitive Landscape
The key market players in the E- mobility market, such as AIMA Technology Group Co. Ltd., Bird Rides Inc., Hero Electric, Lime, Jiangsu Xinri E-Vehicle Co. Ltd., Motovolt, Okinawa Autotech Internationall Private Limited, Rad Power Bikes Inc., Yadea Technology Group Co. Ltd., Yamaha Motor Co. Ltd., and Zero Motorcycles, Inc. are continuously pursuing various initiatives such as strategic partnerships, mergers and acquisitions, and new product launches. These vendors hold expertise in the industry and have strategic footprints spread across various parts of the world. Hence, these companies have been able to successfully defend their position in the market.
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