Product Code: ETC6287859 | Publication Date: Sep 2024 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The electric scooters and motorcycles market in Bangladesh is experiencing significant growth driven by factors such as increasing awareness about environmental sustainability, rising fuel prices, and government incentives promoting electric vehicles. Key players in the market are introducing innovative and affordable electric two-wheelers to cater to the growing demand for eco-friendly transportation solutions in urban areas. The market is also witnessing a shift towards electric vehicles due to their lower operating costs and maintenance requirements compared to traditional gasoline-powered vehicles. With improving infrastructure for electric vehicle charging stations and a supportive regulatory environment, the Bangladesh electric scooters and motorcycles market is expected to continue its upward trajectory in the coming years, offering both consumers and manufacturers promising opportunities for growth and development.
The Bangladesh Electric Scooters and Motorcycles market is experiencing growth due to increasing awareness of environmental sustainability and the government`s push for electrification. Consumers are showing interest in electric two-wheelers as a cost-effective and eco-friendly transportation option. Key trends include the introduction of new models with improved battery technology and longer ranges, as well as the expansion of charging infrastructure across urban centers. Opportunities in the market lie in partnerships between electric vehicle manufacturers and local government bodies for promoting sustainable transportation solutions, as well as collaborations with financial institutions to offer attractive financing options to consumers. Overall, the market is poised for continued growth as more stakeholders focus on promoting electric mobility in the country.
The Bangladesh Electric Scooters and Motorcycles market faces several challenges including limited infrastructure for charging stations, high initial cost of electric vehicles compared to traditional ones, lack of awareness and consumer education about the benefits of electric vehicles, and concerns about battery life and range. Additionally, the regulatory environment and government policies regarding incentives and subsidies for electric vehicles are still evolving, creating uncertainty for manufacturers and consumers. The country also grapples with issues of traffic congestion and poor road conditions, which may impact the adoption and usage of electric scooters and motorcycles. Overall, addressing these challenges will be crucial for the growth and sustainability of the electric two-wheeler market in Bangladesh.
The Bangladesh Electric Scooters and Motorcycles market is primarily being driven by increasing concerns about environmental sustainability and the government`s initiatives to promote clean energy transportation. With a growing awareness of the harmful effects of traditional gasoline-powered vehicles on air quality and climate change, consumers are increasingly turning towards electric scooters and motorcycles as a more eco-friendly alternative. Additionally, rising fuel prices and the need for cost-effective transportation solutions are also fueling the demand for electric vehicles in Bangladesh. The government`s support through incentives, subsidies, and infrastructure development for electric vehicles further propels the market growth by making these vehicles more accessible and affordable for the general population.
The Bangladeshi government has implemented several policies to promote the use of electric scooters and motorcycles in the country. These policies include providing tax incentives and subsidies for the purchase of electric vehicles, reducing import duties on electric two-wheelers, and offering financial incentives for manufacturers to produce electric vehicles locally. Additionally, the government has set targets to increase the share of electric vehicles in the country`s transportation sector and has introduced regulations to ensure the safety and quality of electric vehicles. These policies aim to reduce carbon emissions, improve air quality, and promote sustainable transportation options in Bangladesh, ultimately contributing to the country`s efforts to combat climate change and promote clean energy.
The future outlook for the Bangladesh Electric Scooters and Motorcycles Market appears promising, driven by increasing awareness of environmental sustainability and the government`s initiatives to promote electric vehicles. With rising concerns about air pollution and the need for energy-efficient transportation solutions, the demand for electric scooters and motorcycles is expected to grow steadily. Additionally, the improving infrastructure for charging stations and the availability of affordable electric vehicle options are likely to further accelerate market growth. As consumers become more inclined towards eco-friendly modes of transport and as technology advancements continue to enhance the performance and range of electric vehicles, the Bangladesh Electric Scooters and Motorcycles Market is poised for significant expansion in the coming years.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Bangladesh Electric Scooters and Motorcycles Market Overview |
3.1 Bangladesh Country Macro Economic Indicators |
3.2 Bangladesh Electric Scooters and Motorcycles Market Revenues & Volume, 2021 & 2031F |
3.3 Bangladesh Electric Scooters and Motorcycles Market - Industry Life Cycle |
3.4 Bangladesh Electric Scooters and Motorcycles Market - Porter's Five Forces |
3.5 Bangladesh Electric Scooters and Motorcycles Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
3.6 Bangladesh Electric Scooters and Motorcycles Market Revenues & Volume Share, By Battery Type, 2021 & 2031F |
3.7 Bangladesh Electric Scooters and Motorcycles Market Revenues & Volume Share, By Battery Capacity, 2021 & 2031F |
3.8 Bangladesh Electric Scooters and Motorcycles Market Revenues & Volume Share, By Usage, 2021 & 2031F |
4 Bangladesh Electric Scooters and Motorcycles Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Bangladesh Electric Scooters and Motorcycles Market Trends |
6 Bangladesh Electric Scooters and Motorcycles Market, By Types |
6.1 Bangladesh Electric Scooters and Motorcycles Market, By Vehicle Type |
6.1.1 Overview and Analysis |
6.1.2 Bangladesh Electric Scooters and Motorcycles Market Revenues & Volume, By Vehicle Type, 2021- 2031F |
6.1.3 Bangladesh Electric Scooters and Motorcycles Market Revenues & Volume, By E-scooter, 2021- 2031F |
6.1.4 Bangladesh Electric Scooters and Motorcycles Market Revenues & Volume, By E-motorcycle, 2021- 2031F |
6.2 Bangladesh Electric Scooters and Motorcycles Market, By Battery Type |
6.2.1 Overview and Analysis |
6.2.2 Bangladesh Electric Scooters and Motorcycles Market Revenues & Volume, By Lithium-ion, 2021- 2031F |
6.3 Bangladesh Electric Scooters and Motorcycles Market, By Battery Capacity |
6.3.1 Overview and Analysis |
6.3.2 Bangladesh Electric Scooters and Motorcycles Market Revenues & Volume, By <5 kWh, 2021- 2031F |
6.3.3 Bangladesh Electric Scooters and Motorcycles Market Revenues & Volume, By 5-10 kWh, 2021- 2031F |
6.3.4 Bangladesh Electric Scooters and Motorcycles Market Revenues & Volume, By 10-15 kWh, 2021- 2031F |
6.3.5 Bangladesh Electric Scooters and Motorcycles Market Revenues & Volume, By >15 kWh, 2021- 2031F |
6.4 Bangladesh Electric Scooters and Motorcycles Market, By Usage |
6.4.1 Overview and Analysis |
6.4.2 Bangladesh Electric Scooters and Motorcycles Market Revenues & Volume, By Commercial, 2021- 2031F |
6.4.3 Bangladesh Electric Scooters and Motorcycles Market Revenues & Volume, By Private, 2021- 2031F |
7 Bangladesh Electric Scooters and Motorcycles Market Import-Export Trade Statistics |
7.1 Bangladesh Electric Scooters and Motorcycles Market Export to Major Countries |
7.2 Bangladesh Electric Scooters and Motorcycles Market Imports from Major Countries |
8 Bangladesh Electric Scooters and Motorcycles Market Key Performance Indicators |
9 Bangladesh Electric Scooters and Motorcycles Market - Opportunity Assessment |
9.1 Bangladesh Electric Scooters and Motorcycles Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
9.2 Bangladesh Electric Scooters and Motorcycles Market Opportunity Assessment, By Battery Type, 2021 & 2031F |
9.3 Bangladesh Electric Scooters and Motorcycles Market Opportunity Assessment, By Battery Capacity, 2021 & 2031F |
9.4 Bangladesh Electric Scooters and Motorcycles Market Opportunity Assessment, By Usage, 2021 & 2031F |
10 Bangladesh Electric Scooters and Motorcycles Market - Competitive Landscape |
10.1 Bangladesh Electric Scooters and Motorcycles Market Revenue Share, By Companies, 2024 |
10.2 Bangladesh Electric Scooters and Motorcycles Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |