According to the research report titled ‘Global Electric Two Wheel (E2W) Vehicles Market - Analysis By Product Type (E-Bikes, E-Scooters, E-Motorcycles), Battery Type, End User Type, By Region, By Country (2021 Edition): Market Insights and Forecast with Impact of COVID-19 (2021-2026)’, available with MarketStudyReport, global electric two wheel (E2W) vehicles market was worth USD 51.22 billion in 2020 and is anticipated to grow considerably through 2026.
 

Rising environmental concerns, government initiatives towards zero emission laws, and increasing demand for e-motorcycles & e-scooters are the major growth catalysts for global electric two wheel (E2W) vehicles market.
 

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Meanwhile, insufficient charging infrastructure is a major challenging in the industry space. However, companies are increasing their efforts to improve the infrastructure for electric vehicles, including charging stations, thus facilitating the market outlook.
 

Furthermore, increased government spending, strict carbon emission restrictions, and investments by prominent OEMs are creating lucrative opportunities. As cited in the report, the COVID-19 outbreak has accelerated individual mobility solutions trend, which along with environmental cognizance is increasing the demand for electric powered two wheelers.
 

On the basis of product type, worldwide global electric two wheel (E2W) vehicles market is categorized into e-scooters, e-bike, and e-motorcycles. Based on battery type, the industry is classified into lithium-ion battery, and lead acid battery. With respect to end user type, the marketplace is bifurcated into commercial use, and personal use.
 

The report thoroughly scrutinizes the aforementioned segments to identify major growth areas, while dispensing information like industry share held, revenue contribution, and growth rate prediction over 2021-2026.
 

Considering the regional landscape, the report thoroughly studies the market across North America, Europe, Asia Pacific, and LAMEA. Among these, Asia Pacific held a significant industry share in the recent past.
 

Speaking of competitive hierarchy, Robert Bosch GmbH, Niu Technologies, Yadea Group Holdings Ltd., Merida Industry Co., Ltd., Yamaha Motor Co., Ltd., Harley-Davidson, Inc., SONA BLW Precision Forgings Limited, Topkey Corporations, hGears AG, and PIERER Mobility AG.
 

Apart from expounding the business profiles and product/service portfolio of these industry giants, the report also focuses of the latest undertakings in the business sphere, such mergers & acquisitions, partnerships & collaborations, and new launches.