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

By Product;

Electric Motorcycles and Electric Scooters.

By Battery;

SLA and Li-ion.

By Voltage;

24V, 36V, 48V, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn284058532 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Electric Motorcycles & Scooters Market (USD Million), 2021 - 2031

In the year 2024, the Global Electric Motorcycles & Scooters Market was valued at USD 6,827.76 million. The size of this market is expected to increase to USD 9,736.18 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.2%.

The rise of air pollution, expensive fuel, and dwindling oil reserves have fueled the demand for electric two-wheelers in recent years. These zero-emission vehicles offer an attractive alternative to traditional gasoline scooters and motorcycles.

However, the key to an electric two-wheeler's performance and affordability lies in its battery. Lead-acid batteries, previously the norm, are being replaced by more advanced lithium-ion technology. This shift, along with government incentives in regions like India, is propelling the electric two-wheeler market forward, particularly in Asia Pacific. Here, companies like Hero Electric and Okinawa are leading the charge with feature-rich electric scooters, while new regulations and technological advancements promise continued growth.

  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
    4. Market Snapshot, By Region
  4. Global Electric Motorcycles & Scooters Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Environmental Concerns
        2. Government Incentives
        3. Advancements in Battery Technology
      2. Restraints
        1. High Initial Cost
        2. Limited Charging Infrastructure
      3. Opportunities
        1. Battery Swapping Technology
        2. Investment in Charging Infrastructure
    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 Motorcycles & Scooters Market, By Product, 2021 - 2031 (USD Million)
      1. Electric Motorcycles
      2. Electric Scooters
    2. Global Electric Motorcycles & Scooters Market, By Battery, 2021 - 2031 (USD Million)
      1. SLA
      2. Li-ion
    3. Global Electric Motorcycles & Scooters Market, By Voltage, 2021 - 2031 (USD Million)
      1. 24V
      2. 36V
      3. 48V
      4. Others
    4. Global Electric Motorcycles & 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. AIMA Technology Group Co., Ltd
      2. Ampere Vehicles Pvt Ltd
      3. BMW
      4. CAKE 0 Emission AB
      5. Energica Motor Company S.p.A
      6. Govecs Group
      7. Harley Davidson
      8. Hero Eco Vehicles Pvt Ltd
      9. KTM AG
      10. Lightning Motorcycles
      11. Mahindra GenZe
      12. Shandong Incalcu Electric Vehicle Co. Ltd
      13. SUNRA
      14. Tailing Electric Vehicle Co. Ltd
      15. Terra Motors Corporation
  7. Analyst Views
  8. Future Outlook of the Market