Selected research
Industry Growth & Trends
Global Electric Two-Wheeler Controllers Industry Growth and Trends Forecast to 2032
Market perspective
The global Electric Two-Wheeler Controllers market was valued at US$ million in 2026 and is projected to reach US$ million by 2032, implying a CAGR of xx% over 2026-2032.
The North America market for Electric Two-Wheeler Controllers is projected to increase from US$ million in 2026 to US$ million by 2032, corresponding to a CAGR of % over 2026-2032.
The Europe market for Electric Two-Wheeler Controllers is projected to increase from US$ million in 2026 to US$ million by 2032, registering a CAGR of % over 2026-2032.
Read the full market overview
The Asia Pacific market for Electric Two-Wheeler Controllers is projected to increase from US$ million in 2026 to US$ million by 2032, at a CAGR of % over 2026-2032.
Leading global manufacturers of Electric Two-Wheeler Controllers include Bosch, Shindengen, Accelerated Systems, Elecnovo, Lucas TVS Limited, Revoh, Gobao Electronic Technology, Wuxi Jinghui Electronics and Jiangsu Xiechang Electronic Technology, among others. In 2025, the top three vendors together accounted for approximately % of global revenue.
Report Scope
This report provides a structured, data-driven view of the global Electric Two-Wheeler Controllers market, combining harmonized quantitative metrics with targeted qualitative insight to support business and growth strategy, market positioning, and capital allocation.
The Electric Two-Wheeler Controllers market size, estimates, and forecasts are presented in terms of sales volume (k units) and revenue (US$ million), with 2025 as the base year and historical and forecast data for 2021-2032. The report segments the global Electric Two-Wheeler Controllers market by Type, Application, region/country, and company, provides regional market sizes at the segment level, profiles the competitive landscape and key players and their market ranks, and reviews technology trends and new product developments relevant to Electric Two-Wheeler Controllers.
Key Companies & Market Share Insights
This section analyzes the strategies and performance of leading manufacturers in the global Electric Two-Wheeler Controllers market, including portfolio focus, innovation and product development, mergers and acquisitions, collaborations, and geographic expansion used to sustain or enhance competitive positions. It also summarizes recent corporate developments and key financial indicators and provides global revenue, price, and sales volume data by manufacturer for 2020-2025, enabling benchmarking of scale, pricing, and market share and supporting assessment of market concentration through indicators such as CR5 and CR10.
Electric Two-Wheeler Controllers Market by Company
Bosch
Shindengen
Accelerated Systems
Elecnovo
Lucas TVS Limited
Revoh
Gobao Electronic Technology
Wuxi Jinghui Electronics
Jiangsu Xiechang Electronic Technology
Ananda Drive Techniques
Tianjin Santroll Electric Auto
Nanjing Yuanlang
Wuxi sine power technology
Wuxi Lingbo Electronic Technology
Bafang
Changzhou Yiertong Electronics
Electric Two-Wheeler Controllers Segment by Type
12 Below
46374
18-24
24 Above
Electric Two-Wheeler Controllers Segment by Application
Electric Bicycle
Electric Motorcycle
Others
Electric Two-Wheeler Controllers Segment by Region
North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Spain
Netherlands
Switzerland
Sweden
Poland
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Middle East & Africa
Egypt
South Africa
Israel
Türkiye
GCC Countries
Key Drivers & Barriers
High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.
Reasons to Buy This Report
1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Electric Two-Wheeler Controllers market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Electric Two-Wheeler Controllers and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market.
5. This report helps stakeholders to gain insights into which regions to target globally.
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Electric Two-Wheeler Controllers.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.
Chapter Outline
Chapter 1: Introduces the study scope of this report, executive summary of market segments by type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter 2: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Electric Two-Wheeler Controllers manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter 4: Sales, revenue of Electric Two-Wheeler Controllers in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter 5: Introduces market segments by application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 7, 8, 9, 10 and 11: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter 12: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics.
Chapter 13: Concluding Insights of the report.
More report detail
Tables and figures
Scope & coverage.
Types
- 12 Below
- 46374
- 18-24
- 24 Above
Applications
- Electric Bicycle
- Electric Motorcycle
- Others
Companies covered
- Bosch
- Shindengen
- Accelerated Systems
- Elecnovo
- Lucas TVS Limited
- Revoh
- Gobao Electronic Technology
- Wuxi Jinghui Electronics
- Jiangsu Xiechang Electronic Technology
- Ananda Drive Techniques
- Tianjin Santroll Electric Auto
- Nanjing Yuanlang
- Wuxi sine power technology
- Wuxi Lingbo Electronic Technology
- Bafang
- Changzhou Yiertong Electronics
Inside the report.
1 Market Overview
- 1.1 Product Definition
- 1.2 Global Market Growth Prospects
- 1.2.1 Global Electric Two-Wheeler Controllers Market Size Estimates and Forecasts (2021-2032)
- 1.2.2 Global Electric Two-Wheeler Controllers Sales Estimates and Forecasts (2021-2032)
- 1.3 Electric Two-Wheeler Controllers Market by Type
- 1.3.1 12 Below
- 1.3.2 46374
- 1.3.3 18-24
- 1.3.4 24 Above
- 1.4 Global Electric Two-Wheeler Controllers Market Size by Type
- 1.4.1 Global Electric Two-Wheeler Controllers Market Size Overview by Type (2021-2032)
- 1.4.2 Global Electric Two-Wheeler Controllers Historic Market Size Review by Type (2021-2026)
- 1.4.3 Global Electric Two-Wheeler Controllers Forecasted Market Size by Type (2027-2032)
- 1.5 Key Regions Market Size by Type
- 1.5.1 North America Electric Two-Wheeler Controllers Sales Breakdown by Type (2021-2026)
- 1.5.2 Europe Electric Two-Wheeler Controllers Sales Breakdown by Type (2021-2026)
- 1.5.3 Asia-Pacific Electric Two-Wheeler Controllers Sales Breakdown by Type (2021-2026)
- 1.5.4 South America Electric Two-Wheeler Controllers Sales Breakdown by Type (2021-2026)
- 1.5.5 Middle East and Africa Electric Two-Wheeler Controllers Sales Breakdown by Type (2021-2026)
2 Global Market Dynamics
- 2.1 Electric Two-Wheeler Controllers Industry Trends
- 2.2 Electric Two-Wheeler Controllers Industry Drivers
- 2.3 Electric Two-Wheeler Controllers Industry Opportunities and Challenges
- 2.4 Electric Two-Wheeler Controllers Industry Restraints
3 Market Competitive Landscape by Company
- 3.1 Global Top Players by Electric Two-Wheeler Controllers Revenue (2021-2026)
- 3.2 Global Top Players by Electric Two-Wheeler Controllers Sales (2021-2026)
- 3.3 Global Top Players by Electric Two-Wheeler Controllers Price (2021-2026)
- 3.4 Global Electric Two-Wheeler Controllers Industry Company Ranking, 2024 VS 2025 VS 2026
- 3.5 Global Electric Two-Wheeler Controllers Major Company Production Sites & Headquarters
- 3.6 Global Electric Two-Wheeler Controllers Company, Product Type & Application
- 3.7 Global Electric Two-Wheeler Controllers Company Establishment Date
- 3.8 Market Competitive Analysis
- 3.8.1 Global Electric Two-Wheeler Controllers Market CR5 and HHI
- 3.8.2 Global Top 5 and 10 Electric Two-Wheeler Controllers Players Market Share by Revenue in 2025
- 3.8.3 2025 Electric Two-Wheeler Controllers Tier 1, Tier 2, and Tier 3
4 Electric Two-Wheeler Controllers Regional Status and Outlook
- 4.1 Global Electric Two-Wheeler Controllers Market Size and CAGR by Region: 2021 VS 2025 VS 2032
- 4.2 Global Electric Two-Wheeler Controllers Historic Market Size by Region
- 4.2.1 Global Electric Two-Wheeler Controllers Sales in Volume by Region (2021-2026)
- 4.2.2 Global Electric Two-Wheeler Controllers Sales in Value by Region (2021-2026)
- 4.2.3 Global Electric Two-Wheeler Controllers Sales (Volume & Value), Price and Gross Margin (2021-2026)
- 4.3 Global Electric Two-Wheeler Controllers Forecasted Market Size by Region
- 4.3.1 Global Electric Two-Wheeler Controllers Sales in Volume by Region (2027-2032)
- 4.3.2 Global Electric Two-Wheeler Controllers Sales in Value by Region (2027-2032)
- 4.3.3 Global Electric Two-Wheeler Controllers Sales (Volume & Value), Price and Gross Margin (2027-2032)
5 Electric Two-Wheeler Controllers by Application
- 5.1 Electric Two-Wheeler Controllers Market by Application
- 5.1.1 Electric Bicycle
- 5.1.2 Electric Motorcycle
- 5.1.3 Others
- 5.2 Global Electric Two-Wheeler Controllers Market Size by Application
- 5.2.1 Global Electric Two-Wheeler Controllers Market Size Overview by Application (2021-2032)
- 5.2.2 Global Electric Two-Wheeler Controllers Historic Market Size Review by Application (2021-2026)
- 5.2.3 Global Electric Two-Wheeler Controllers Forecasted Market Size by Application (2027-2032)
- 5.3 Key Regions Market Size by Application
- 5.3.1 North America Electric Two-Wheeler Controllers Sales Breakdown by Application (2021-2026)
- 5.3.2 Europe Electric Two-Wheeler Controllers Sales Breakdown by Application (2021-2026)
- 5.3.3 Asia-Pacific Electric Two-Wheeler Controllers Sales Breakdown by Application (2021-2026)
- 5.3.4 South America Electric Two-Wheeler Controllers Sales Breakdown by Application (2021-2026)
- 5.3.5 Middle East and Africa Electric Two-Wheeler Controllers Sales Breakdown by Application (2021-2026)
6 Company Profiles
- 6.1 Bosch
- 6.1.1 Bosch Company Information
- 6.1.2 Bosch Business Overview
- 6.1.3 Bosch Electric Two-Wheeler Controllers Sales, Revenue and Gross Margin (2021-2026)
- 6.1.4 Bosch Electric Two-Wheeler Controllers Product Portfolio
- 6.1.5 Bosch Recent Developments
- 6.2 Shindengen
- 6.2.1 Shindengen Company Information
- 6.2.2 Shindengen Business Overview
- 6.2.3 Shindengen Electric Two-Wheeler Controllers Sales, Revenue and Gross Margin (2021-2026)
- 6.2.4 Shindengen Electric Two-Wheeler Controllers Product Portfolio
- 6.2.5 Shindengen Recent Developments
- 6.3 Accelerated Systems
- 6.3.1 Accelerated Systems Company Information
- 6.3.2 Accelerated Systems Business Overview
- 6.3.3 Accelerated Systems Electric Two-Wheeler Controllers Sales, Revenue and Gross Margin (2021-2026)
- 6.3.4 Accelerated Systems Electric Two-Wheeler Controllers Product Portfolio
- 6.3.5 Accelerated Systems Recent Developments
- 6.4 Elecnovo
- 6.4.1 Elecnovo Company Information
- 6.4.2 Elecnovo Business Overview
- 6.4.3 Elecnovo Electric Two-Wheeler Controllers Sales, Revenue and Gross Margin (2021-2026)
- 6.4.4 Elecnovo Electric Two-Wheeler Controllers Product Portfolio
- 6.4.5 Elecnovo Recent Developments
- 6.5 Lucas TVS Limited
- 6.5.1 Lucas TVS Limited Company Information
- 6.5.2 Lucas TVS Limited Business Overview
- 6.5.3 Lucas TVS Limited Electric Two-Wheeler Controllers Sales, Revenue and Gross Margin (2021-2026)
- 6.5.4 Lucas TVS Limited Electric Two-Wheeler Controllers Product Portfolio
- 6.5.5 Lucas TVS Limited Recent Developments
- 6.6 Revoh
- 6.6.1 Revoh Company Information
- 6.6.2 Revoh Business Overview
- 6.6.3 Revoh Electric Two-Wheeler Controllers Sales, Revenue and Gross Margin (2021-2026)
- 6.6.4 Revoh Electric Two-Wheeler Controllers Product Portfolio
- 6.6.5 Revoh Recent Developments
- 6.7 Gobao Electronic Technology
- 6.7.1 Gobao Electronic Technology Company Information
- 6.7.2 Gobao Electronic Technology Business Overview
- 6.7.3 Gobao Electronic Technology Electric Two-Wheeler Controllers Sales, Revenue and Gross Margin (2021-2026)
- 6.7.4 Gobao Electronic Technology Electric Two-Wheeler Controllers Product Portfolio
- 6.7.5 Gobao Electronic Technology Recent Developments
- 6.8 Wuxi Jinghui Electronics
- 6.8.1 Wuxi Jinghui Electronics Company Information
- 6.8.2 Wuxi Jinghui Electronics Business Overview
- 6.8.3 Wuxi Jinghui Electronics Electric Two-Wheeler Controllers Sales, Revenue and Gross Margin (2021-2026)
- 6.8.4 Wuxi Jinghui Electronics Electric Two-Wheeler Controllers Product Portfolio
- 6.8.5 Wuxi Jinghui Electronics Recent Developments
- 6.9 Jiangsu Xiechang Electronic Technology
- 6.9.1 Jiangsu Xiechang Electronic Technology Company Information
- 6.9.2 Jiangsu Xiechang Electronic Technology Business Overview
- 6.9.3 Jiangsu Xiechang Electronic Technology Electric Two-Wheeler Controllers Sales, Revenue and Gross Margin (2021-2026)
- 6.9.4 Jiangsu Xiechang Electronic Technology Electric Two-Wheeler Controllers Product Portfolio
- 6.9.5 Jiangsu Xiechang Electronic Technology Recent Developments
- 6.10 Ananda Drive Techniques
- 6.10.1 Ananda Drive Techniques Company Information
- 6.10.2 Ananda Drive Techniques Business Overview
- 6.10.3 Ananda Drive Techniques Electric Two-Wheeler Controllers Sales, Revenue and Gross Margin (2021-2026)
- 6.10.4 Ananda Drive Techniques Electric Two-Wheeler Controllers Product Portfolio
- 6.10.5 Ananda Drive Techniques Recent Developments
- 6.11 Tianjin Santroll Electric Auto
- 6.11.1 Tianjin Santroll Electric Auto Company Information
- 6.11.2 Tianjin Santroll Electric Auto Business Overview
- 6.11.3 Tianjin Santroll Electric Auto Electric Two-Wheeler Controllers Sales, Revenue and Gross Margin (2021-2026)
- 6.11.4 Tianjin Santroll Electric Auto Electric Two-Wheeler Controllers Product Portfolio
- 6.11.5 Tianjin Santroll Electric Auto Recent Developments
- 6.12 Nanjing Yuanlang
- 6.12.1 Nanjing Yuanlang Company Information
- 6.12.2 Nanjing Yuanlang Business Overview
- 6.12.3 Nanjing Yuanlang Electric Two-Wheeler Controllers Sales, Revenue and Gross Margin (2021-2026)
- 6.12.4 Nanjing Yuanlang Electric Two-Wheeler Controllers Product Portfolio
- 6.12.5 Nanjing Yuanlang Recent Developments
- 6.13 Wuxi sine power technology
- 6.13.1 Wuxi sine power technology Company Information
- 6.13.2 Wuxi sine power technology Business Overview
- 6.13.3 Wuxi sine power technology Electric Two-Wheeler Controllers Sales, Revenue and Gross Margin (2021-2026)
- 6.13.4 Wuxi sine power technology Electric Two-Wheeler Controllers Product Portfolio
- 6.13.5 Wuxi sine power technology Recent Developments
- 6.14 Wuxi Lingbo Electronic Technology
- 6.14.1 Wuxi Lingbo Electronic Technology Company Information
- 6.14.2 Wuxi Lingbo Electronic Technology Business Overview
- 6.14.3 Wuxi Lingbo Electronic Technology Electric Two-Wheeler Controllers Sales, Revenue and Gross Margin (2021-2026)
- 6.14.4 Wuxi Lingbo Electronic Technology Electric Two-Wheeler Controllers Product Portfolio
- 6.14.5 Wuxi Lingbo Electronic Technology Recent Developments
- 6.15 Bafang
- 6.15.1 Bafang Company Information
- 6.15.2 Bafang Business Overview
- 6.15.3 Bafang Electric Two-Wheeler Controllers Sales, Revenue and Gross Margin (2021-2026)
- 6.15.4 Bafang Electric Two-Wheeler Controllers Product Portfolio
- 6.15.5 Bafang Recent Developments
- 6.16 Changzhou Yiertong Electronics
- 6.16.1 Changzhou Yiertong Electronics Company Information
- 6.16.2 Changzhou Yiertong Electronics Business Overview
- 6.16.3 Changzhou Yiertong Electronics Electric Two-Wheeler Controllers Sales, Revenue and Gross Margin (2021-2026)
- 6.16.4 Changzhou Yiertong Electronics Electric Two-Wheeler Controllers Product Portfolio
- 6.16.5 Changzhou Yiertong Electronics Recent Developments
7 North America by Country
- 7.1 North America Electric Two-Wheeler Controllers Sales by Country
- 7.1.1 North America Electric Two-Wheeler Controllers Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 7.1.2 North America Electric Two-Wheeler Controllers Sales by Country (2021-2026)
- 7.1.3 North America Electric Two-Wheeler Controllers Sales Forecast by Country (2027-2032)
- 7.2 North America Electric Two-Wheeler Controllers Market Size by Country
- 7.2.1 North America Electric Two-Wheeler Controllers Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 7.2.2 North America Electric Two-Wheeler Controllers Market Size by Country (2021-2026)
- 7.2.3 North America Electric Two-Wheeler Controllers Market Size Forecast by Country (2027-2032)
8 Europe by Country
- 8.1 Europe Electric Two-Wheeler Controllers Sales by Country
- 8.1.1 Europe Electric Two-Wheeler Controllers Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 8.1.2 Europe Electric Two-Wheeler Controllers Sales by Country (2021-2026)
- 8.1.3 Europe Electric Two-Wheeler Controllers Sales Forecast by Country (2027-2032)
- 8.2 Europe Electric Two-Wheeler Controllers Market Size by Country
- 8.2.1 Europe Electric Two-Wheeler Controllers Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 8.2.2 Europe Electric Two-Wheeler Controllers Market Size by Country (2021-2026)
- 8.2.3 Europe Electric Two-Wheeler Controllers Market Size Forecast by Country (2027-2032)
9 Asia-Pacific by Country
- 9.1 Asia-Pacific Electric Two-Wheeler Controllers Sales by Country
- 9.1.1 Asia-Pacific Electric Two-Wheeler Controllers Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 9.1.2 Asia-Pacific Electric Two-Wheeler Controllers Sales by Country (2021-2026)
- 9.1.3 Asia-Pacific Electric Two-Wheeler Controllers Sales Forecast by Country (2027-2032)
- 9.2 Asia-Pacific Electric Two-Wheeler Controllers Market Size by Country
- 9.2.1 Asia-Pacific Electric Two-Wheeler Controllers Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 9.2.2 Asia-Pacific Electric Two-Wheeler Controllers Market Size by Country (2021-2026)
- 9.2.3 Asia-Pacific Electric Two-Wheeler Controllers Market Size Forecast by Country (2027-2032)
10 South America by Country
- 10.1 South America Electric Two-Wheeler Controllers Sales by Country
- 10.1.1 South America Electric Two-Wheeler Controllers Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 10.1.2 South America Electric Two-Wheeler Controllers Sales by Country (2021-2026)
- 10.1.3 South America Electric Two-Wheeler Controllers Sales Forecast by Country (2027-2032)
- 10.2 South America Electric Two-Wheeler Controllers Market Size by Country
- 10.2.1 South America Electric Two-Wheeler Controllers Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 10.2.2 South America Electric Two-Wheeler Controllers Market Size by Country (2021-2026)
- 10.2.3 South America Electric Two-Wheeler Controllers Market Size Forecast by Country (2027-2032)
11 Middle East and Africa by Country
- 11.1 Middle East and Africa Electric Two-Wheeler Controllers Sales by Country
- 11.1.1 Middle East and Africa Electric Two-Wheeler Controllers Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 11.1.2 Middle East and Africa Electric Two-Wheeler Controllers Sales by Country (2021-2026)
- 11.1.3 Middle East and Africa Electric Two-Wheeler Controllers Sales Forecast by Country (2027-2032)
- 11.2 Middle East and Africa Electric Two-Wheeler Controllers Market Size by Country
- 11.2.1 Middle East and Africa Electric Two-Wheeler Controllers Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 11.2.2 Middle East and Africa Electric Two-Wheeler Controllers Market Size by Country (2021-2026)
- 11.2.3 Middle East and Africa Electric Two-Wheeler Controllers Market Size Forecast by Country (2027-2032)
12 Value Chain and Sales Channels Analysis
- 12.1 Electric Two-Wheeler Controllers Value Chain Analysis
- 12.1.1 Electric Two-Wheeler Controllers Key Raw Materials
- 12.1.2 Key Raw Materials Price
- 12.1.3 Raw Materials Key Suppliers
- 12.1.4 Manufacturing Cost Structure
- 12.1.5 Electric Two-Wheeler Controllers Production Mode & Process
- 12.2 Electric Two-Wheeler Controllers Sales Channels Analysis
- 12.2.1 Direct Comparison with Distribution Share
- 12.2.2 Electric Two-Wheeler Controllers Distributors
- 12.2.3 Electric Two-Wheeler Controllers Customers
13 Concluding Insights
14 Appendix
- 14.1 Reasons for Doing This Study
- 14.2 Research Methodology
- 14.3 Research Process
- 14.4 Authors List of This Report
- 14.5 Data Source
- 14.5.1 Secondary Sources
- 14.5.2 Primary Sources
- 14.6 Disclaimer
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