Global Electric Bikes And Scooters Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Product;

Electric Bikes and Electric Scooters.

By Battery;

Lead-Acid, Lithium-Ion (Li-ion), Nickel-Metal Hydride (NiMh), and Others.

By Voltage Capacity;

48-59V, 60-72V, 73-96V, and Above 96V.

By Drive Mechanism;

Hub Motor, Mid Drive, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn546730948 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Electric Bikes And Scooters Market (USD Million), 2021 - 2031

In the year 2024, the Global Electric Bikes And Scooters Market was valued at USD 31,877.87 million. The size of this market is expected to increase to USD 76,874.22 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 13.4%.

The global electric bikes and scooters market has experienced a remarkable surge in recent years, fueled by a growing emphasis on sustainable transportation solutions and a shift towards eco-friendly modes of commuting. Electric bikes and scooters, often referred to as e-bikes and e-scooters, have gained widespread popularity due to their convenience, cost-effectiveness, and environmental benefits. As urbanization continues to accelerate worldwide, coupled with increasing traffic congestion and concerns over air pollution, consumers are increasingly turning to electric two-wheelers as a practical and eco-conscious alternative to traditional modes of transportation.

One of the key drivers behind the growth of the electric bikes and scooters market is the technological advancements in battery technology and electric propulsion systems. These innovations have led to improvements in battery life, charging times, and overall performance, making electric bikes and scooters more appealing and practical for everyday use. Additionally, governments and regulatory bodies in many regions are implementing policies to incentivize the adoption of electric vehicles, including e-bikes and e-scooters, through subsidies, tax credits, and infrastructure development initiatives.

The COVID-19 pandemic has also played a significant role in accelerating the adoption of electric bikes and scooters. With social distancing measures in place and a greater emphasis on personal mobility, many commuters have turned to e-bikes and e-scooters as a safe and efficient mode of transportation for short to medium-distance trips. This shift in consumer behavior towards micro-mobility solutions is expected to drive further growth in the electric bikes and scooters market in the coming years.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product
    2. Market Snapshot, By Battery
    3. Market Snapshot, By Voltage Capacity
    4. Market Snapshot, By Drive Mechanism
    5. Market Snapshot, By Region
  4. Global Electric Bikes And Scooters Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Environmental concerns and regulations
        2. Advancements in battery technology
        3. Technological advancements
      2. Restraints
        1. High initial costs
        2. Limited infrastructure for charging
        3. Limited charging infrastructure
      3. Opportunities
        1. Growing demand for sustainable transportation
        2. Government incentives and subsidies
        3. Eco-friendly transportation
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Electric Bikes And Scooters Market, By Product, 2021 - 2031 (USD Million)
      1. Electric Bikes
      2. Electric Scooters
    2. Global Electric Bikes And Scooters Market, By Battery, 2021 - 2031 (USD Million)
      1. Lead-acid
      2. Lithium-ion (Li-ion)
      3. Nickel-metal hydride (NiMh)
      4. Others
    3. Global Electric Bikes And Scooters Market, By Voltage Capacity, 2021 - 2031 (USD Million)
      1. 48-59V
      2. 60-72V
      3. 73-96V
      4. Above 96V
    4. Global Electric Bikes And Scooters Market, By Drive Mechanism, 2021 - 2031 (USD Million)
      1. Hub Motor
      2. Mid Drive
      3. Others
    5. Global Electric Bikes And Scooters Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Torqeedo GmbH
      2. Duffy Electric Boat Company
      3. Pure Watercraft
      4. Elco Motor Yachts
      5. Triton Submarines
      6. Evoy AS
      7. Ruban Bleu
      8. Leclanché SA
      9. ABB Ltd.
      10. Echandia Marine AB
  7. Analyst Views
  8. Future Outlook of the Market