Directory Image
This website uses cookies to improve user experience. By using our website you consent to all cookies in accordance with our Privacy Policy.

Asia-Pacific Electric Scooters and Motorcycles Market Analysis, Key Growth Opportunities to 2025

Author: Aryan Singh
by Aryan Singh
Posted: May 16, 2018

The Asia-Pacific electric scooters and motorcycles market size valued at $9.1 billion in 2016 and is forecasted to reach $14 billion by 2025, at a CAGR of 4.9%. Asia-Pacific accounts for close to 90% of all electric scooters and motorcycles sold in the world. China is the largest market of electric scooters and motorcycles, accounting for 95% of Asia-Pacific revenues in 2016.

Explore Full Report Description At: https://www.psmarketresearch.com/market-analysis/asia-pacific-electric-scooters-and-motorcycles-market

The government support in the form of subsidies and stringent emission norms is benefiting the Asia-Pacific electric scooters and motorcycles market. The governments of many developing countries are following the western countries and implementing stringent emission norms. For instance, India would follow the toughest global emission norms Bharat Stage (BS)-VI, from the current BS-IV, by 2020, skipping the BS-V. Furthermore, governments in many countries are also giving considerable subsidies on the purchase of electric vehicles making them more affordable. Going forward, the regulatory environment would encourage customers to opt for electric two-wheelers over the conventional ones.

Lack of awareness regarding electric scooters and two wheelers is a major restraint for the Asia-Pacific electric scooters and motorcycles market. Except in China, the largest electric scooters and motorcycles market, consumers from other potential countries such as India and Indonesia are less aware of the electric scooters and motorcycles. This is especially the case in the rural and semi-urban regions of these countries. The electric two-wheelers companies too majorly focus on the urban customers.

Download Free Report Sample At: https://www.psmarketresearch.com/market-analysis/asia-pacific-electric-scooters-and-motorcycles-market/report-sample

Some of the major international players include Honda, Yamaha and Peugeot. Local players from other countries such as India and Indonesia have a negligible share in the total Asia-Pacific two-wheeler sales.

About P&S Market Research

P&S Market Research is a global market research and consulting company. We provide market research reports, industry reports, business intelligence and research based consulting services across a range of industries.

With the help of our professional corporate relations with various companies, our market research offers the most accurate market forecasting. Our analysts and consultants interact with leading companies of the concerned domain to substantiate every single data presented in our publication. Our research assists our client in identifying new and different windows of opportunity and frame informed and customized strategies for expansion in different regions.

Contact:

P&S Market Research

347, 5th Ave. #1402

New York City, NY – 10016

Toll-free: +1-888-778-7886 (USA/Canada)

Email: enquiry@psmarketresearch.com

Web: https://www.psmarketresearch.com

Connect with us: LinkedIn | Twitter | Google + | Facebook

About the Author

P&S Market Research is a global market research and consulting company. We provide market research reports, industry reports, business intelligence and research based consulting services across a range of industries.

Rate this Article
Leave a Comment
Author Thumbnail
I Agree:
Comment 
Pictures
Author: Aryan Singh

Aryan Singh

Member since: Feb 22, 2018
Published articles: 40

Related Articles