Product Code: ETC4567828 | Publication Date: Jul 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 | |
Light electric vehicles (LEVs), including e-bikes and e-scooters, are an essential part of Singapore urban mobility landscape. These compact and environmentally friendly vehicles offer efficient and sustainable transportation options for short trips and last-mile connectivity. Singapore emphasis on green and efficient transportation drives the growth of the LEV market. The market is characterized by a wide range of LEV models, innovative battery and motor technologies, and the integration of connectivity and sharing services to meet the evolving needs of urban commuters.
The Singapore Light Electric Vehicles (LEVs) Market is experiencing growth due to the growing awareness of eco-friendly transportation solutions and the need for last-mile mobility options. LEVs, including e-bikes, e-scooters, and e-skateboards, provide sustainable alternatives for urban commuting and reduce traffic congestion. Government incentives and environmental concerns are encouraging the adoption of LEVs, driving the market forward.
The Singapore Light Electric Vehicles (LEVs) Market encounters challenges related to regulatory and safety standards. LEVs include e-bikes, e-scooters, and other electric micro-mobility solutions. Ensuring the safety of users and compliance with local regulations is crucial. Additionally, market players must address issues related to infrastructure, including charging and parking solutions for LEVs. Safety, reliability, and user convenience are key factors that impact the adoption of LEVs.
The COVID-19 pandemic had a dual impact on the Singapore light electric vehicles (LEVs) market. On one hand, the market faced supply chain disruptions and reduced consumer spending due to economic uncertainties. On the other hand, the pandemic accelerated the adoption of LEVs as people sought alternative transportation methods with reduced risk of infection. Electric bicycles, scooters, and other LEVs gained popularity as convenient and environmentally friendly options for commuting, contributing to the growth of the market.
The market for light electric vehicles (LEVs) in Singapore includes key players such as Segway-Ninebot, which offers a wide range of electric scooters and personal mobility devices. Their innovative LEV solutions are well-received in the urban transportation landscape of Singapore. Additionally, local startups like Beam Mobility have entered the electric scooter sharing market, contributing to the growing popularity of LEVs in the city-state.
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 Singapore Light Electric Vehicles (LEVs) Market Overview |
3.1 Singapore Country Macro Economic Indicators |
3.2 Singapore Light Electric Vehicles (LEVs) Market Revenues & Volume, 2021 & 2031F |
3.3 Singapore Light Electric Vehicles (LEVs) Market - Industry Life Cycle |
3.4 Singapore Light Electric Vehicles (LEVs) Market - Porter's Five Forces |
3.5 Singapore Light Electric Vehicles (LEVs) Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.6 Singapore Light Electric Vehicles (LEVs) Market Revenues & Volume Share, By Vehicle Category, 2021 & 2031F |
3.7 Singapore Light Electric Vehicles (LEVs) Market Revenues & Volume Share, By Power Output, 2021 & 2031F |
4 Singapore Light Electric Vehicles (LEVs) Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Singapore Light Electric Vehicles (LEVs) Market Trends |
6 Singapore Light Electric Vehicles (LEVs) Market, By Types |
6.1 Singapore Light Electric Vehicles (LEVs) Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Singapore Light Electric Vehicles (LEVs) Market Revenues & Volume, By Application, 2021-2031F |
6.1.3 Singapore Light Electric Vehicles (LEVs) Market Revenues & Volume, By Personal Mobility, 2021-2031F |
6.1.4 Singapore Light Electric Vehicles (LEVs) Market Revenues & Volume, By Shared Mobility, 2021-2031F |
6.1.5 Singapore Light Electric Vehicles (LEVs) Market Revenues & Volume, By Recreation & Sports, 2021-2031F |
6.1.6 Singapore Light Electric Vehicles (LEVs) Market Revenues & Volume, By Commercial, 2021-2031F |
6.2 Singapore Light Electric Vehicles (LEVs) Market, By Vehicle Category |
6.2.1 Overview and Analysis |
6.2.2 Singapore Light Electric Vehicles (LEVs) Market Revenues & Volume, By 2-wheelers, 2021-2031F |
6.2.3 Singapore Light Electric Vehicles (LEVs) Market Revenues & Volume, By 3-wheelers, 2021-2031F |
6.2.4 Singapore Light Electric Vehicles (LEVs) Market Revenues & Volume, By 4-wheelers, 2021-2031F |
6.3 Singapore Light Electric Vehicles (LEVs) Market, By Power Output |
6.3.1 Overview and Analysis |
6.3.2 Singapore Light Electric Vehicles (LEVs) Market Revenues & Volume, By Less than 6 kW, 2021-2031F |
6.3.3 Singapore Light Electric Vehicles (LEVs) Market Revenues & Volume, By 6-9 kW, 2021-2031F |
6.3.4 Singapore Light Electric Vehicles (LEVs) Market Revenues & Volume, By 9-15 kW, 2021-2031F |
7 Singapore Light Electric Vehicles (LEVs) Market Import-Export Trade Statistics |
7.1 Singapore Light Electric Vehicles (LEVs) Market Export to Major Countries |
7.2 Singapore Light Electric Vehicles (LEVs) Market Imports from Major Countries |
8 Singapore Light Electric Vehicles (LEVs) Market Key Performance Indicators |
9 Singapore Light Electric Vehicles (LEVs) Market - Opportunity Assessment |
9.1 Singapore Light Electric Vehicles (LEVs) Market Opportunity Assessment, By Application, 2021 & 2031F |
9.2 Singapore Light Electric Vehicles (LEVs) Market Opportunity Assessment, By Vehicle Category, 2021 & 2031F |
9.3 Singapore Light Electric Vehicles (LEVs) Market Opportunity Assessment, By Power Output, 2021 & 2031F |
10 Singapore Light Electric Vehicles (LEVs) Market - Competitive Landscape |
10.1 Singapore Light Electric Vehicles (LEVs) Market Revenue Share, By Companies, 2024 |
10.2 Singapore Light Electric Vehicles (LEVs) Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |