South Korea Electric Motorcycle Market 2023-2030

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    SOUTH KOREA ELECTRIC MOTORCYCLE MARKET

      

    INTRODUCTION

    Plug-in electric motorcycles and scooters, which feature two or three wheels, are also known as plug-in electric vehicles. These cars employ rechargeable lead or lithium batteries to store the power they use. Electric motorcycles provide more comfort than gasoline or diesel motorcycles. 

     

    Vibration is reduced with electric motorcycles. Electric scooters and motorbikes have witnessed tremendous development as a result of the rising demand for environmentally friendly transportation.

     

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    Growing environmental issues, as well as favourable government measures, are driving market expansion. Market growth is also likely to be fueled by rising energy costs and competition among new energy-saving technologies. 

     

    Consumer awareness of alternative fuels is expanding, battery technology and R&D efforts are progressing, and manufacturers are focusing on the manufacturing of electric two-wheelers.

      

    SOUTH KOREA ELECTRIC MOTORCYCLE MARKET SIZE AND FORECAST 

      

    The South Korea Electric Motorcycle Market accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2023 to 2030. 

      

    NEW PRODUCT LAUNCH 

    KT joins with domestic companies to establish a smart transportation company based on electric motorbikes.

     

    Electric motorcycles, which were first launched in South Korea around a decade ago, have been ignored by deliverymen due to their small range.

     

    Clean-energy motorcycles have a maximum range of roughly 100 kilometres (62 miles), but a typical motorbike courier delivery worker travels about 200 kilometres each day. Business to business (B2B) is the target market for the smart mobility company. 

     

    KT will construct control centres and a battery-sharing platform, while Daelim and AJ Bike will collaborate on the development of electric motorcycles with detachable battery packs as well as rental infrastructure. 

     

    The three businesses want to standardise the battery-sharing platform and push the usage of electric motorcycles aggressively. 

     

    COMPANY PROFILE

    • Molaxline Ltd.
    • Greenglobelineco. Ltd.
    • Joo Sung Sea & Air Co. Ltd.
    • Seino Logix Co. Ltd.

     

    THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

    1. How many Electric Motorcycles are manufactured per annum in South Korea? Who are the sub-component suppliers in this region?
    2. Cost breakup of a South Korea Electric Motorcycle and key vendor selection criteria
    3. Where is the Electric Motorcycle manufactured? What is the average margin per unit?
    4. Market share of South Korea Electric Motorcycle market manufacturers and their upcoming products
    5. Cost advantage for OEMs who manufacture South Korea Electric Motorcycle in-house
    6. key predictions for next 5 years in South Korea Electric Motorcycle market
    7. Average B-2-B Electric Motorcycle market price in all segments
    8. Latest trends in Electric Motorcycle market, by every market segment
    9. The market size (both volume and value) of the Electric Motorcycle market in 2023-2030 and every year in between?
    10. Production breakup of Electric Motorcycle market, by suppliers and their OEM relationship
    Sl no Topic
    1 Market Segmentation
    2 Scope of the report
    3 Abbreviations
    4 Research Methodology
    5 Executive Summary
    6 Introduction
    7 Insights from Industry stakeholders
    8 Cost breakdown of Product by sub-components and average profit margin
    9 Disruptive innovation in the Industry
    10 Technology trends in the Industry
    11 Consumer trends in the industry
    12 Recent Production Milestones
    13 Component Manufacturing in US, EU and China
    14 COVID-19 impact on overall market
    15 COVID-19 impact on Production of components
    16 COVID-19 impact on Point of sale
    17 Market Segmentation, Dynamics and Forecast by Geography, 2023-2030
    18 Market Segmentation, Dynamics and Forecast by Product Type, 2023-2030
    19 Market Segmentation, Dynamics and Forecast by Application, 2023-2030
    20 Market Segmentation, Dynamics and Forecast by End use, 2023-2030
    21 Product installation rate by OEM, 2023
    22 Incline/Decline in Average B-2-B selling price in past 5 years
    23 Competition from substitute products
    24 Gross margin and average profitability of suppliers
    25 New product development in past 12 months
    26 M&A in past 12 months
    27 Growth strategy of leading players
    28 Market share of vendors, 2023
    29 Company Profiles
    30 Unmet needs and opportunity for new suppliers
    31 Conclusion
    32 Appendix
       
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