Electric Two-Wheeler Drivetrain Market Size and Share
| Study Period | 2020 - 2030 |
| Market Size (2025) | USD 81.43 Billion |
| Market Size (2030) | USD 129.37 Billion |
| CAGR (2025 - 2030) | 9.70% |
| Fastest Growing Market | Asia Pacific |
| Largest Market | Asia Pacific |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Electric Two-Wheeler Drivetrain Market Analysis by Mordor Intelligence
The Electric Two-Wheeler Drivetrain Market size is estimated at USD 81.43 billion in 2025, and is expected to reach USD 129.37 billion by 2030, at a CAGR of 9.70% during the forecast period (2025-2030).
Electric two-wheeler drivetrains, responsible for channeling engine power to the vehicle's wheels, employ chains, belts, or shaft drives. The push for lightweight drivetrains is gaining momentum, primarily to boost fuel efficiency. By trimming the vehicle's weight, these lightweight drivetrains not only enhance energy efficiency but also elevate overall performance.
Manufacturers are honing in on crafting lighter drivetrains, aiming to optimize power delivery and curtail energy consumption. As global production of electric two-wheelers surges, so too does the market for their drivetrains. This uptick is bolstered by a worldwide pivot towards electric vehicles, spurred by escalating emission concerns and the tightening grip of environmental regulations across various regions.
In light of mounting global pollution and depleting energy reserves, numerous governments are pivoting towards alternative resources. Recognizing the potential of electric two-wheelers in curbing emissions and alleviating traffic woes, governments globally are rallying behind them. To bolster this support, they're rolling out policies like subsidies, tax breaks, and other incentives to champion electric vehicle adoption. Moreover, substantial investments are being funneled into charging infrastructure and R&D for cutting-edge drivetrain technologies, further propelling the electric two-wheeler movement.
Global Electric Two-Wheeler Drivetrain Market Trends and Insights
Electric Bike is leading the market
From 2019 to 2022, electric bike sales consistently climbed, only to experience a slight dip in 2023. Sales surged from 35.27 million units in 2019 to 42.30 million units in 2022. Yet, 2023 saw a minor pullback to 42.15 million units, signaling a subtle slowdown in growth. This decline could be attributed to factors such as market saturation in key regions, supply chain disruptions, or changing consumer preferences.
Electric bikes have firmly established themselves as the frontrunners in the electric two-wheeler market, leading in sales volume. Their dominance is driven by factors such as increasing environmental awareness, government incentives promoting electric mobility, and advancements in battery technology.
Even with the 2023 dip, their enduring popularity and robust sales underscore their pivotal role in the market. These figures attest to the growing acceptance of electric bikes as a primary transportation choice, particularly in urban areas where they offer a sustainable and cost-effective alternative to traditional vehicles.
Asia-Pacific Leads the Market Share
High adoption rates in countries like China, India, and Southeast Asia have consistently positioned the Asia-Pacific region as the frontrunner in the electric two-wheeler drivetrain market. With their vast populations, rapid urbanization, and an escalating demand for budget-friendly transportation, these nations command a substantial portion of global electric two-wheeler sales.
The Asia-Pacific region's leadership in the electric two-wheeler drivetrain market is bolstered by the presence of major manufacturers and a robust supply chain. Emphasizing local production and offering affordable electric two-wheelers have further cemented the region's dominance. Moreover, supportive government policies in nations such as China and India have spurred the adoption of electric mobility, reinforcing Asia-Pacific's status as the market's largest contributor.
Competitive Landscape
Multiple manufacturers are shaping the competitive landscape of the electric two-wheeler drivetrain market, with a keen focus on innovation and efficiency. These companies are enhancing drivetrain performance by boosting motor efficiency, minimizing energy losses, and fine-tuning power delivery systems. There's a notable emphasis on lightweight and compact designs, given their direct influence on the range and performance of electric two-wheelers. In a bid to dominate the market, companies are broadening their business horizons. For instance,
- In November 2024, Hero MotoCorp, a dominant force in the two-wheeler industry, made significant strides in the electric two-wheeler arena. A top executive disclosed that the company had introduced cost-effective electric models in recent months. Furthermore, Hero MotoCorp set its sights on bolstering its presence in Europe, with plans to penetrate the markets of the UK, France, Spain, and Italy by the following year.
Drivetrain manufacturers and electric two-wheeler OEMs are increasingly collaborating, influencing market dynamics. These partnerships aim for the smooth integration of drivetrain components into vehicle systems. Meanwhile, some firms are channeling investments into in-house drivetrain development, seeking enhanced customization and tighter cost control. The market is also witnessing competition, with players adopting innovative materials and manufacturing techniques. These efforts focus on improving durability while reducing production costs. This landscape reflects the industry's efforts to balance performance, affordability, and technological progress.
Electric Two-Wheeler Drivetrain Industry Leaders
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VMOTO
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Yadea Technologies
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Govecs
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Energica Motor
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Hero Electric
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Ampere Vehicles
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Zero Motorcycles
- *Disclaimer: Major Players sorted in no particular order
Recent Industry Developments
- November 2024: Yadea introduced a fresh lineup of electric vehicles tailored for the European audience. Highlighting the Yadea booth was the flagship crossover electric motorcycle, the Yadea Kemper, showcased alongside other favored models including the Yadea Keeness, Fierider, Voltguard, and GFX.
- November 2024: In a strategic move, Hero MotoCorp, alongside its 2023 partner Zero Motorcycles, spearheaded the development of a mid-sized performance electric motorcycle. Targeting the middle-weight segment, the duo made significant strides. Additionally, Hero MotoCorp broadened its electric scooter lineup and eyed compliance with the PLI scheme by FY26.
- April 2024: Greaves Electric Mobility recently unveiled its latest all-electric scooter, the Nexus, under the Ampere e-two-wheeler brand. The Nexus featured a sleek, modern design, prioritized functionality, and offered a certified range of 136 km.
Global Electric Two-Wheeler Drivetrain Market Report Scope
The drivetrain of an electric two-wheeler consists of components that work together to enable smooth and efficient gear changes. Typically, this system features one or two derailleurs, mechanisms that adjust the gears upon activation by the shifter. These derailleurs direct the chain across the sprockets, allowing riders to adjust to different terrains and riding conditions. Furthermore, the chain, linking the front chainrings to the rear cassette, is vital for transferring power from the pedals to the wheels, underscoring its importance in many drivetrains.
Electric Two-Wheeler Dirvetrain Market is segmented Drivetrain Type, Vehicle Type, Battery Type, Motor Power, Motor Speed, Sales Channel and Geography. Based on the Drivetrain Type, the market is segmented into Hub-Motor, Mid-Drive Motor, Belt-Drive, Chain-Drive and Shaft-Drive. Based on the Vehicle Type, the market is segmented into Electric Motorcycles, Electric Scooters, Electric Mopeds and Others. Based on the Battery Type, the market is segmented into Lithium-Ion, Lead Acid and Others. Based on the Motor Power, the market is segmented into 48V, 60V, 72V and Others. Based on the Motor Speed, the market is segmented into Below 3. 5kW, 3. 5kW-6. 5kW and Above 6. 5kW. Based on the Sales Channel, the market is segmented into OEMs and Aftermarket. Based on the Gepgraphy, the market is segmented into the North America, Europe, Asia-Pacific and Rest of the World. For each segment, market sizing and forecast have been done on the basis of value (USD).
| Hub-Motor |
| Mid-Drive Motor |
| Belt-Drive |
| Chain-Drive |
| Shaft-Drive |
| Electric Motorcycles |
| Electric Scooters |
| Electric Mopeds |
| Others |
| Lithium-Ion |
| Lead Acid |
| Others |
| 48V |
| 60V |
| 72V |
| Others |
| Below 3 |
| 5kW |
| 3. 5kW-6. 5kW |
| Above 6. 5kW |
| OEMs |
| Aftermarket |
| North America | United States |
| Canada | |
| Rest of North America | |
| Europe | Germany |
| United Kingdom | |
| France | |
| Italy | |
| Spain | |
| Rest of Europe | |
| Asia Pacific | India |
| China | |
| Japan | |
| South Korea | |
| Rest of Asia-Pacific | |
| Rest of the World | South America |
| Middle East and Africa |
| Drivetrain Type | Hub-Motor | |
| Mid-Drive Motor | ||
| Belt-Drive | ||
| Chain-Drive | ||
| Shaft-Drive | ||
| Vehicle Type | Electric Motorcycles | |
| Electric Scooters | ||
| Electric Mopeds | ||
| Others | ||
| Battery Type | Lithium-Ion | |
| Lead Acid | ||
| Others | ||
| Motor Power | 48V | |
| 60V | ||
| 72V | ||
| Others | ||
| Motor Speed | Below 3 | |
| 5kW | ||
| 3. 5kW-6. 5kW | ||
| Above 6. 5kW | ||
| Sales Channel | OEMs | |
| Aftermarket | ||
| Geography | North America | United States |
| Canada | ||
| Rest of North America | ||
| Europe | Germany | |
| United Kingdom | ||
| France | ||
| Italy | ||
| Spain | ||
| Rest of Europe | ||
| Asia Pacific | India | |
| China | ||
| Japan | ||
| South Korea | ||
| Rest of Asia-Pacific | ||
| Rest of the World | South America | |
| Middle East and Africa | ||
Key Questions Answered in the Report
How big is the Electric Two-Wheeler Drivetrain Market?
The Electric Two-Wheeler Drivetrain Market size is expected to reach USD 81.43 billion in 2025 and grow at a CAGR of 9.70% to reach USD 129.37 billion by 2030.
What is the current Electric Two-Wheeler Drivetrain Market size?
In 2025, the Electric Two-Wheeler Drivetrain Market size is expected to reach USD 81.43 billion.
Who are the key players in Electric Two-Wheeler Drivetrain Market?
VMOTO, Yadea Technologies, Govecs, Energica Motor, Hero Electric, Ampere Vehicles and Zero Motorcycles are the major companies operating in the Electric Two-Wheeler Drivetrain Market.
Which is the fastest growing region in Electric Two-Wheeler Drivetrain Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2025-2030).
Which region has the biggest share in Electric Two-Wheeler Drivetrain Market?
In 2025, the Asia Pacific accounts for the largest market share in Electric Two-Wheeler Drivetrain Market.
What years does this Electric Two-Wheeler Drivetrain Market cover, and what was the market size in 2024?
In 2024, the Electric Two-Wheeler Drivetrain Market size was estimated at USD 73.53 billion. The report covers the Electric Two-Wheeler Drivetrain Market historical market size for years: 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Electric Two-Wheeler Drivetrain Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.
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Electric Two-Wheeler Drivetrain Market Report
Statistics for the 2025 Electric Two-Wheeler Drivetrain market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Electric Two-Wheeler Drivetrain analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.
