The global electric scooter and motorcycle market revenue was around US$ 42.8 billion in 2023 and is estimated to reach US$ 102.5 billion by 2032, growing at a compound annual growth rate (CAGR) of 10.2% during the forecast period from 2024 to 2032.
Electric scooters and motorcycles are also known as plug-in electric vehicles. They have three or two wheels. The rechargeable battery is the power source of the electric two-wheeler. It offers the fuel (electricity) to the electric motor.
Market Driving Factors
The surge in government initiatives towards electric mobility is estimated to boost the market growth. This is because governments of several nations are taking initiatives to decrease their carbon footprints by facilitating the usage of electric bikes/scooters. This is due to the surge in awareness of the dangerous effects of utilizing vehicles running on fossil fuels. Moreover, governments are constructing bicycle-friendly streets, which are facilitating people to opt for bicycles as a key mode of commute. Electric scooters and motorcycles have gained substantial attention from different governments as reliable and efficient kinds of light motor vehicles (LMVs), which help lower the carbon footprint. As a result, governments all around the world are providing tax credits and other incentives to support the purchase of electric mobility to promote the use of these environmentally friendly vehicles.
Immediate urbanization and less preference of customers to utilize cars owing to surge in traffic congestion are predicted to provide lucrative opportunities for market growth with the enhancement in infrastructure. Additionally, governments of different nations are concentrating on the development of e-bike infrastructure, including public charging stations and bicycle tracks with the customers' inclination toward e-bikes (scooters & motorcycles).
The high price of e-bikes and scooters is a main factor that hinders the market growth. This is because the price of the battery and technology makes electric motorcycles expensive as compared to traditional bikes. Thus, customers find traditional scooters or motorcycles superior in performance with the same or less cost.
Regional Analysis
Asia Pacific is estimated to dominate the market in terms of revenue. This is majorly owing to the increase in the adoption and production of electric scooters and motorcycles in China. Furthermore, the implementation of strict regulations to reduce carbon emissions and the availability of government subsidies to purchase electric vehicles. Such factors are predicted to drive the market growth.
Segmentation Insights
In terms of the battery type, the lithium-ion segment is estimated to dominate the market in terms of the largest shares. This is because li-ion batteries allow for longer-range and more compact vehicle designs since they store a significant amount more energy per unit weight than alternatives like lead-acid batteries. As electric vehicle adoption increases globally, the requirement for Li-ion batteries will surge due to their efficiency, rapid charging capabilities, and investments in electric mobility infrastructure which will boost the market.
Prominent Companies
Segmentation Outline
The global electric scooter and motorcycle market segmentation focuses on the Vehicle Type, Battery Type, Range, Power, Vehicle Class, Usage, and Region.
By Vehicle Type
By Battery Type
By Range
By Power
By Vehicle Class
By Usage
By Region
[ TABLE OF CONTENT ]
1 INTRODUCTION OF GLOBAL ELECTRIC SCOOTER AND MOTORCYCLE MARKET
1.1 OVERVIEW OF THE MARKET
1.2 SCOPE OF REPORT
1.3 ASSUMPTIONS
2 EXECUTIVE SUMMARY: ELECTRIC SCOOTER AND MOTORCYCLE MARKET
3 RESEARCH METHODOLOGY
3.1 DATA MINING
3.2 VALIDATION
3.3 PRIMARY INTERVIEWS
3.4 LIST OF DATA SOURCES
3.5 ANALYST TOOLS AND MODELS
4 GLOBAL ELECTRIC SCOOTER AND MOTORCYCLE MARKET OUTLOOK
4.1 OVERVIEW
4.2 MARKET DYNAMICS
4.2.1 DRIVERS
4.2.2 RESTRAINTS
4.2.3 OPPORTUNITIES
4.3 PORTERS FIVE FORCE MODEL
4.4 VALUE CHAIN ANALYSIS
4.5 MARKET GROWTH AND OUTLOOK
4.5.1 PRICE TREND ANALYSIS
4.5.2 OPPORTUNITY SHARE
5 GLOBAL ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE
5.1 OVERVIEW
5.2 E-SCOOTER/MOPED
5.3 E-MOTORCYCLE
6 GLOBAL ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY BATTERY TYPE
6.1 OVERVIEW
6.2 SEALED LEAD ACID
6.3 LITHIUM-ION
6.4 OTHERS
7 GLOBAL ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY RANGE
7.1 OVERVIEW
7.2 LESS THAN 75 MILES
7.3 75 MILES TO 100 MILES
7.4 MORE THAN 100 MILES
8 GLOBAL ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY POWER
8.1 OVERVIEW
8.2 LESS THAN 3KW
8.3 3KW TO 5KW
8.4 MORE THAN 5KW
9 GLOBAL ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE CLASS
9.1 OVERVIEW
9.2 ECONOMY
9.3 LUXURY
10 GLOBAL ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY USAGE
10.1 OVERVIEW
10.2 COMMERCIAL
10.3 PRIVATE
11 GLOBAL ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY GEOGRAPHY
11.1 OVERVIEW
11.2 NORTH AMERICA
11.2.1 NORTH AMERICA MARKET SNAPSHOT
11.2.2 U.S.
11.2.3 CANADA
11.2.4 MEXICO
11.3 EUROPE
11.3.1 EUROPE MARKET SNAPSHOT
11.3.2 WESTERN EUROPE
11.3.2.1 THE UK
11.3.2.2 GERMANY
11.3.2.3 FRANCE
11.3.2.4 ITALY
11.3.2.5 SPAIN
11.3.2.6 REST OF WESTERN EUROPE
11.3.3 EASTERN EUROPE
11.3.3.1 POLAND
11.3.3.2 RUSSIA
11.3.3.3 REST OF EASTERN EUROPE
11.4 ASIA PACIFIC
11.4.1 ASIA PACIFIC MARKET SNAPSHOT
11.4.2 CHINA
11.4.3 JAPAN
11.4.4 INDIA
11.4.5 AUSTRALIA & NEW ZEALAND
11.4.6 ASEAN
11.4.7 REST OF ASIA PACIFIC
11.5 MIDDLE EAST & AFRICA
11.5.1 MIDDLE EAST & AFRICA MARKET SNAPSHOT
11.5.2 UAE
11.5.3 SAUDI ARABIA
11.5.4 SOUTH AFRICA
11.5.5 REST OF MEA
11.6 SOUTH AMERICA
11.6.1 SOUTH AMERICA MARKET SNAPSHOT
11.6.2 BRAZIL
11.6.3 ARGENTINA
11.6.4 REST OF SOUTH AMERICA
12 GLOBAL ELECTRIC SCOOTER AND MOTORCYCLE MARKET COMPETITIVE LANDSCAPE
12.1 OVERVIEW
12.2 COMPANY MARKET RANKING
12.3 KEY DEVELOPMENT STRATEGIES
12.4 COMPETITIVE DASHBOARD
12.5 PRODUCT MAPPING
12.6 TOP PLAYER POSITIONING, 2022
12.7 COMPETITIVE HEATMAP
12.8 TOP WINNING STRATEGIES
13 COMPANY PROFILES
13.1 LIGHTNING MOTORCYCLES
13.1.1 OVERVIEW
13.1.2 FINANCIAL PERFORMANCE
13.1.3 PRODUCT OUTLOOK
13.1.4 KEY DEVELOPMENTS
13.1.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
13.2 BLACKSMITH ELECTRIC
13.2.1 OVERVIEW
13.2.2 FINANCIAL PERFORMANCE
13.2.3 PRODUCT OUTLOOK
13.2.4 KEY DEVELOPMENTS
13.2.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
13.3 AMPERE VEHICLES PVT LTD
13.3.1 OVERVIEW
13.3.2 FINANCIAL PERFORMANCE
13.3.3 PRODUCT OUTLOOK
13.3.4 KEY DEVELOPMENTS
13.3.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
13.4 ENERGICA MOTOR COMPANY S.P.A
13.4.1 OVERVIEW
13.4.2 FINANCIAL PERFORMANCE
13.4.3 PRODUCT OUTLOOK
13.4.4 KEY DEVELOPMENTS
13.4.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
13.5 BELL CUSTOM CYCLES
13.5.1 OVERVIEW
13.5.2 FINANCIAL PERFORMANCE
13.5.3 PRODUCT OUTLOOK
13.5.4 KEY DEVELOPMENTS
13.5.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
13.6 HONDA MOTORS
13.6.1 OVERVIEW
13.6.2 FINANCIAL PERFORMANCE
13.6.3 PRODUCT OUTLOOK
13.6.4 KEY DEVELOPMENTS
13.6.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
13.7 JOHAMMER E-MOBILITY GMBH
13.7.1 OVERVIEW
13.7.2 FINANCIAL PERFORMANCE
13.7.3 PRODUCT OUTLOOK
13.7.4 KEY DEVELOPMENTS
13.7.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
13.8 ELECTRIC MOTION
13.8.1 OVERVIEW
13.8.2 FINANCIAL PERFORMANCE
13.8.3 PRODUCT OUTLOOK
13.8.4 KEY DEVELOPMENTS
13.8.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
13.9 AIMA TECHNOLOGY GROUP CO. LTD
13.9.1 OVERVIEW
13.9.2 FINANCIAL PERFORMANCE
13.9.3 PRODUCT OUTLOOK
13.9.4 KEY DEVELOPMENTS
13.9.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
10.10 HUSQVARNA MOTORCYCLES GMBH
10.10.1 OVERVIEW
10.10.2 FINANCIAL PERFORMANCE
10.10.3 PRODUCT OUTLOOK
10.10.4 KEY DEVELOPMENTS
10.10.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
10.11 ALTA MOTORS
10.11.1 OVERVIEW
10.11.2 FINANCIAL PERFORMANCE
10.11.3 PRODUCT OUTLOOK
10.11.4 KEY DEVELOPMENTS
10.11.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
10.12 GOVECS GROUP
10.12.1 OVERVIEW
10.12.2 FINANCIAL PERFORMANCE
10.12.3 PRODUCT OUTLOOK
10.12.4 KEY DEVELOPMENTS
10.12.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
10.13 ESSENCE MOTORCYCLES
10.13.1 OVERVIEW
10.13.2 FINANCIAL PERFORMANCE
10.13.3 PRODUCT OUTLOOK
10.13.4 KEY DEVELOPMENTS
10.13.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
10.14 KTM AG
10.14.1 OVERVIEW
10.14.2 FINANCIAL PERFORMANCE
10.14.3 PRODUCT OUTLOOK
10.14.4 KEY DEVELOPMENTS
10.14.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
10.15 HERO ELECTRIC
10.15.1 OVERVIEW
10.15.2 FINANCIAL PERFORMANCE
10.15.3 PRODUCT OUTLOOK
10.15.4 KEY DEVELOPMENTS
10.15.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
10.16 HERO ECO VEHICLES PVT LTD
10.16.1 OVERVIEW
10.16.2 FINANCIAL PERFORMANCE
10.16.3 PRODUCT OUTLOOK
10.16.4 KEY DEVELOPMENTS
10.16.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
10.17 HARLEY DAVIDSON
10.17.1 OVERVIEW
10.17.2 FINANCIAL PERFORMANCE
10.17.3 PRODUCT OUTLOOK
10.17.4 KEY DEVELOPMENTS
10.17.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
01
お客様のニーズに合わせてレポートをカスタマイズ可能
02
ベテランの市場調査員による専門的な分析
03
安全で簡単に利用できるオンライン決済方法
04
お客様のご要望に応じて、特定の章を購入することができます。
05
すべてのレポートに専門的な日本語翻訳を提供
06
包括的でわかりやすいレポートを迅速にお届けします。
07
購入後も継続的なサポートとアップデートが受けられます。
We Accept
Copyright ©2022 All rights reserved