Global electric two-wheeler charging infrastructure market was valued at USD2624.16 million in 2020 and is forecast to grow at CAGR of 32.09% to reach USD11,790.60 million by 2026. Growing demand for electric two-wheelers for shared mobility and logistics services is boosting the electric two-wheeler production, thereby driving the electric two-wheeler charging infrastructure demand across the globe. Moreover, due to increasing air pollution over the years which causes serious health hazards and worse climate conditions, many governments around the world have started to introduce increasing number of emission-free public transportation systems in their respective countries to tackle the problem.
Global electric two-wheeler charging infrastructure market can be segmented based on type, charging mode, installed location, connector type, and type of charging. Asia-Pacific is the largest electric two-wheeler charging infrastructure market accounting for 61.02% market share in the year 2020, owing to growing electric vehicle population, backed by broadening base of consumers and surging per capita income in the region. Asia-Pacific electric two-wheeler charging infrastructure market is forecast to grow at a CAGR of 30.05% in the next five years.
Major players operating in the Global electric two-wheeler charging infrastructure market include ChargePoint, Inc., Schneider Electric SE, EVBox B.V., ABB Ltd., Siemens AG, Eaton Corporation plc, Royal Dutch Shell Plc, Blink Charging Co., TGOOD Global Ltd., ExCom Tele-Systems Limited.