Global Electric Scooter and Motorcycle Market Growth, Share, Size, Trends and Forecast (2025 - 2031)
By Vehicle Type;
E-Scooter/Moped and E-Motorcycle.By Battery Type;
Sealed Lead Acid and Lithium-Ion.By Voltage Type;
36V, 48V, 60V, and 72V.By Distance Covered;
Below 75 Miles, 75–100 Miles, and Above 100 Miles.By Technology Type;
Plug-In and Battery.By Geography;
North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031).Introduction
Global Electric Scooter and Motorcycle Market (USD Million), 2021 - 2031
In the year 2024, the Global Electric Scooter and Motorcycle Market was valued at USD 63,135.43 million. The size of this market is expected to increase to USD 223,599.51 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 19.8%.
The global electric scooter and motorcycle market has been experiencing robust growth in recent years, driven by the increasing demand for sustainable transportation solutions. As urbanization continues to rise and traffic congestion worsens in many cities, electric scooters and motorcycles have emerged as practical alternatives to traditional gasoline-powered vehicles. These electric two-wheelers offer an eco-friendly mode of transport, significantly reducing carbon emissions and contributing to the global shift towards greener mobility solutions. The growing environmental awareness among consumers and governments' stricter emission regulations are major factors propelling the adoption of electric scooters and motorcycles worldwide.
The market is also benefiting from advancements in battery technology and electric vehicle (EV) infrastructure, making electric scooters and motorcycles more affordable, efficient, and convenient for consumers. Improvements in battery life, charging speed, and energy density have enhanced the performance of electric two-wheelers, making them a viable option for daily commuting and long-distance travel. Moreover, the expansion of charging networks and incentives provided by governments in the form of subsidies and tax rebates are encouraging more consumers to transition to electric scooters and motorcycles. As a result, several regions, particularly Europe, Asia-Pacific, and North America, are witnessing a surge in electric two-wheeler sales.
Despite the positive growth outlook, the electric scooter and motorcycle market faces several challenges, including range anxiety, high upfront costs, and concerns over the durability of electric batteries. While electric scooters and motorcycles are becoming increasingly popular, their initial purchase price is often higher than that of traditional petrol-powered alternatives, which may deter some price-sensitive consumers. Additionally, the lack of widespread charging infrastructure in certain regions continues to limit the adoption of electric two-wheelers. However, with ongoing technological innovations and continued investments in EV infrastructure, the market is expected to overcome these challenges and continue its upward trajectory, with strong growth anticipated in the coming years.
Global Electric Scooter and Motorcycle Market Recent Developments
-
In October 2023, Vmoto Limited introduced the "Super Soco TC Max," an electric motorcycle with a retro design that integrates modern battery and motor technology, targeting young riders looking for eco-friendly options with style. Source, Valuates Reports.
-
In January 2024, Hero Electric launched the "Photon" electric scooter in India, designed with advanced lithium-ion battery technology, aimed at urban commuting. The model features enhanced range and better speed control, marking Hero's continued efforts to lead the Indian electric vehicle market.
Segment Analysis
The Global Electric Scooter and Motorcycle Market has been segmented by Vehicle Type, Battery Type, Voltage Type, Distance Covered, Technology Type and Geography, each providing insights into the factors driving growth and shaping the industry. By vehicle type, the market is divided into electric scooters and electric motorcycles, with scooters generally leading in terms of market share. Electric scooters are popular for their affordability, ease of use, and suitability for short urban commutes, making them a preferred option in densely populated cities. Electric motorcycles, on the other hand, offer greater power and longer range, making them attractive to consumers seeking high-performance alternatives to traditional gasoline-powered motorcycles. The increasing preference for electric vehicles (EVs) due to environmental concerns and government incentives is fueling the growth of both segments, with electric scooters benefiting from their low cost of ownership and electric motorcycles gaining traction among riders seeking more powerful, sustainable transportation options.
Battery type is another key segment in the market, with lithium-ion (Li-ion) batteries dominating due to their efficiency, lightweight nature, and long lifespan compared to other types of batteries. These batteries provide the optimal balance of range, recharge time, and performance required by electric scooters and motorcycles. The growing adoption of Li-ion batteries, combined with advancements in battery technology, is contributing to the overall expansion of the market. Additionally, the rise of solid-state batteries and improvements in charging infrastructure are expected to further enhance the performance and appeal of electric two-wheelers. Voltage type is also important, with variations in voltage affecting the power, speed, and range of electric scooters and motorcycles. Higher voltage models are often favored for motorcycles, providing greater performance and longer distances, while lower voltage systems are typically sufficient for electric scooters used for shorter trips.
The market is further segmented by distance covered, where electric scooters are generally suited for shorter urban commutes, typically covering between 30 to 100 kilometers on a single charge, depending on the battery and vehicle type. Electric motorcycles, with their larger battery capacities and more powerful motors, can cover longer distances, often exceeding 150 kilometers on a single charge, making them suitable for both city and longer highway rides. The technology type segment includes advancements such as smart connectivity features, regenerative braking, and telematics systems, which enhance the user experience and vehicle performance. Geography-wise, the electric scooter and motorcycle market is expanding globally, with significant growth in regions such as Asia-Pacific, Europe, and North America. Asia-Pacific, especially China and India, is leading the market due to the high demand for affordable and eco-friendly transportation solutions. Europe and North America are also experiencing growth, driven by increased government incentives, environmental awareness, and a shift toward cleaner urban mobility solutions.
Global Electric Scooter and Motorcycle Segment Analysis
In this report, the Global Electric Scooter and Motorcycle Market has been segmented by Vehicle Type, Battery Type, Voltage Type, Distance Covered, Technology Type and Geography.
Global Electric Scooter and Motorcycle Market, Segmentation by Vehicle Type
The Global Electric Scooter and Motorcycle Market has been segmented by Vehicle Type into E-Scooter/Moped and E-Motorcycle.
The Global Electric Scooter and Motorcycle Market is segmented by Vehicle Type into E-Scooter/Moped and E-Motorcycle, catering to different consumer needs and preferences. E-Scooters and Mopeds are typically lighter, more compact, and designed for shorter urban commutes. These vehicles are especially popular in cities with high traffic congestion, where they offer a convenient and eco-friendly alternative to cars. E-scooters are often seen as a more accessible option due to their affordability, ease of use, and smaller size, making them ideal for young adults, urban dwellers, and commuters who want to navigate busy city streets efficiently. With advancements in battery technology, the range and performance of e-scooters have improved, further boosting their appeal in the growing market for electric mobility.
In contrast, E-Motorcycles are designed for longer journeys and higher speeds, offering a more powerful alternative to traditional gasoline motorcycles. These vehicles are typically preferred by consumers seeking a higher performance option, often for recreational purposes or longer-distance commuting. E-motorcycles generally feature larger battery capacities and more advanced technology, providing a longer range and better overall performance. The appeal of e-motorcycles is growing among those who are environmentally conscious but do not want to sacrifice the power and performance typically associated with conventional motorcycles. As the demand for electric vehicles (EVs) continues to rise, e-motorcycles are becoming a popular choice for individuals looking for sustainable alternatives to fossil-fuel-powered motorcycles.
Both E-Scooters/Mopeds and E-Motorcycles are vital segments of the electric two-wheeler market, with distinct target demographics and uses. The E-scooter and moped segment is expected to continue thriving due to its affordability, ease of use, and increasing demand for last-mile transportation solutions in crowded urban environments. Meanwhile, the E-motorcycle segment is set to expand as technology improves, offering greater performance and longer ranges, attracting more motorcycle enthusiasts and commuters seeking more versatile electric vehicles. As governments around the world implement stricter emissions regulations and as consumers increasingly prioritize sustainability, both segments are anticipated to see significant growth, with continued innovation driving their evolution and integration into mainstream transportation systems.
Global Electric Scooter and Motorcycle Market, Segmentation by Battery Type
The Global Electric Scooter and Motorcycle Market has been segmented by Battery Type into Sealed Lead Acid and Lithium-Ion.
The global electric scooter and motorcycle market, segmented by battery type, primarily consists of Sealed Lead Acid (SLA) and Lithium-Ion (Li-ion) batteries. Sealed Lead Acid batteries have been a traditional choice for electric scooters and motorcycles due to their relatively low cost and widespread availability. SLA batteries are commonly found in entry-level electric scooters and motorcycles, as they provide a more affordable option for consumers who do not require high performance or extended ranges. However, SLA batteries have limitations, such as heavier weight, shorter lifespan, and lower energy density compared to Li-ion batteries. These factors contribute to the growing preference for Li-ion batteries in the higher-end electric two-wheeler market.
Lithium-Ion batteries have increasingly become the dominant choice for electric scooters and motorcycles due to their numerous advantages over SLA batteries. Li-ion batteries are lighter, more efficient, and provide longer driving ranges, making them ideal for consumers looking for better performance and reliability. These batteries have a higher energy density, allowing for longer battery life and faster charging times, which is crucial for urban commuters who rely on electric scooters and motorcycles for daily travel. Moreover, as electric two-wheelers are moving toward higher performance and longer distances, the adoption of Li-ion batteries is expected to continue growing, especially in the electric motorcycle segment where extended range and speed are key selling points.
The shift towards Lithium-Ion batteries in the electric scooter and motorcycle market is also supported by technological advancements in battery chemistry, which have led to improvements in both performance and safety. The development of solid-state lithium batteries and innovations in battery management systems are expected to further enhance the efficiency and safety of electric two-wheelers. Despite the higher upfront cost of Li-ion batteries, their longer lifespan, reduced weight, and superior performance make them more cost-effective in the long run, driving their dominance in the market. As the global demand for electric scooters and motorcycles continues to rise, particularly in urban areas and emerging markets, the preference for Li-ion batteries is likely to further strengthen, paving the way for a more sustainable and efficient electric two-wheeler market.
Global Electric Scooter and Motorcycle Market, Segmentation by Voltage Type
The Global Electric Scooter and Motorcycle Market has been segmented by Voltage Type into 36V, 48V, 60V and 72V.
The Global Electric Scooter and Motorcycle Market is segmented by Voltage Type into 36V, 48V, 60V, and 72V, which represent different levels of power and performance capabilities tailored to diverse consumer needs. The 36V segment is typically associated with entry-level electric scooters and mopeds, designed for shorter urban commutes and lighter usage. These lower-voltage vehicles are generally more affordable and offer a modest range and speed, making them an attractive option for casual riders or those using the vehicle for short-distance travel. The 36V electric scooters are ideal for riders who need a compact, eco-friendly solution for daily transportation within cities or suburban areas, and they are often favored by those who do not require high performance or long-range capabilities.
The 48V segment is one of the most popular in the electric scooter and motorcycle market due to its balanced performance and affordability. Vehicles in this range tend to offer higher power output and a greater range compared to 36V models, making them suitable for a broader range of use cases, including longer commutes and more frequent travel. Electric scooters and motorcycles with 48V batteries typically provide a better riding experience, with enhanced acceleration and the ability to carry heavier loads or accommodate more demanding terrain. As a result, 48V models appeal to both urban commuters and recreational riders who want a reliable and efficient electric vehicle without compromising too much on performance.
The 60V and 72V segments cater to higher-performance electric scooters and motorcycles, designed for users who demand greater speed, range, and power. 60V electric vehicles offer more robust performance, typically used by riders who need to cover longer distances or navigate steeper inclines. These models are often preferred by more experienced riders who seek a balance of power and range, making them ideal for both urban commuting and leisure riding. 72V models are at the higher end of the market, delivering the most power, with capabilities suitable for high-speed rides and long-distance travel. The 72V vehicles are generally more expensive and are targeted at performance enthusiasts or those who rely on their electric motorcycles for longer daily commutes. As battery technology improves, the demand for higher voltage vehicles like 60V and 72V models is expected to grow, as consumers increasingly look for electric motorcycles and scooters that offer both sustainability and superior performance.
Global Electric Scooter and Motorcycle Market, Segmentation by Distance Covered
The Global Electric Scooter and Motorcycle Market has been segmented by Distance Covered into Below 75 Miles, 75–100 Miles and Above 100 Miles.
The global electric scooter and motorcycle market is segmented by distance covered, which plays a crucial role in determining the suitability of electric two-wheelers for different types of consumers and uses. The "Below 75 Miles" segment includes electric scooters and motorcycles designed for short urban commutes, often ideal for city dwellers who use their vehicles for daily trips like commuting to work or running errands. These electric two-wheelers typically feature smaller battery capacities, which are sufficient for shorter distances, and they offer the advantage of affordability and lightweight design. They are popular in densely populated areas where long-range capabilities are not necessary, and convenience, ease of parking, and eco-friendliness are prioritized.
The "75–100 Miles" segment targets consumers who require a moderate range for daily travel or occasional longer trips. Electric scooters and motorcycles in this range are more versatile, offering a balance between performance and battery efficiency. These vehicles are suitable for urban and suburban riders who may need to travel greater distances or for those who require a bit more flexibility for commutes, including highway riding. The range offered by these models makes them a popular choice for consumers looking for a reliable electric two-wheeler that can handle both city and suburban travel without frequent recharging. Technological advancements, such as improved battery management systems, have made these mid-range electric vehicles more affordable and accessible to a wider range of consumers.
The "Above 100 Miles" segment is focused on high-performance electric scooters and motorcycles, catering to consumers who need longer ranges for daily commutes, leisure rides, or even long-distance travel. These electric two-wheelers are equipped with larger batteries and more powerful motors, enabling them to cover distances in excess of 100 miles on a single charge. This segment is particularly attractive to riders who are looking for alternatives to traditional gasoline motorcycles, offering the advantage of reducing fuel consumption and carbon emissions while maintaining the capability to travel long distances. With the rise in demand for electric motorcycles that can perform on highways, as well as increasing improvements in battery technology, the high-range electric two-wheeler segment is expected to see significant growth in the coming years, especially as consumers become more comfortable with the idea of replacing traditional motorcycles with electric models for long-distance rides.
Global Electric Scooter and Motorcycle Market, Segmentation by Technology Type
The Global Electric Scooter and Motorcycle Market has been segmented by Technology Type into Plug-In and Battery.
The Global Electric Scooter and Motorcycle Market is segmented by Technology Type into Plug-In and Battery, representing the different charging and energy storage methods that power these vehicles. The Plug-In technology type refers to electric scooters and motorcycles that require an external power source for recharging, typically via a standard electric outlet. This is the most common and widely used charging method, offering convenience and compatibility with existing infrastructure. Plug-in electric vehicles (EVs) are generally equipped with lithium-ion batteries, which can be charged at home, in public charging stations, or using specialized chargers. The ease of use and accessibility of plug-in charging solutions contribute to the growth of this technology, as consumers can charge their vehicles overnight or whenever needed, similar to charging smartphones or laptops.
The Battery technology type, on the other hand, refers to electric scooters and motorcycles that come with detachable or swappable batteries. This technology allows users to remove the battery from the vehicle and charge it separately, rather than having to plug the entire vehicle into a charging station. Battery swapping technology has gained traction, particularly in regions where fast charging infrastructure is limited, or for consumers who prefer the flexibility of swapping a depleted battery for a fully charged one. This method can be particularly useful for shared mobility programs, such as electric scooter or motorcycle rental services, where quick turnaround times are essential. Additionally, swappable battery systems can reduce downtime for users who rely on their electric vehicles for daily commuting or delivery services.
Both plug-in and battery technologies offer distinct advantages, with the plug-in method being more established and convenient for personal use, while the battery technology type provides flexibility and faster turnaround, especially in commercial or shared mobility applications. The adoption of either technology depends on the consumer's specific needs, whether they prioritize convenience, cost, or flexibility. As the electric scooter and motorcycle market continues to evolve, advancements in battery technology, such as faster charging capabilities, longer-lasting batteries, and more efficient energy storage solutions, are likely to play a crucial role in shaping the future of both plug-in and battery-powered electric vehicles.
Global Electric Scooter and Motorcycle Market, Segmentation by Geography
In this report, the Global Electric Scooter and Motorcycle Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East and Africa and Latin America.
Global Electric Scooter and Motorcycle Market Share (%), by Geographical Region, 2024
The global electric scooter and motorcycle market is witnessing varying growth patterns across different geographical regions, with Asia-Pacific holding the largest share of the market. The dominance of the Asia-Pacific region is largely driven by the high demand for electric two-wheelers in countries like China, India, and Vietnam, where electric scooters and motorcycles are seen as practical solutions to urban congestion, pollution, and rising fuel prices. China, in particular, leads the market, with a rapidly growing base of electric vehicle users and a strong government push toward green transportation. The Chinese government offers substantial incentives and subsidies for the purchase of electric scooters and motorcycles, which has contributed to the widespread adoption of these vehicles in the region.
In Europe, the electric scooter and motorcycle market is also expanding rapidly, with countries such as Germany, France, and Italy emerging as key players. The European market is driven by stringent environmental regulations, growing urbanization, and the increasing adoption of electric mobility. In Europe, consumers are highly focused on sustainability, and electric two-wheelers provide a practical solution for reducing carbon emissions in urban areas. Many European countries are also investing heavily in EV infrastructure, such as the expansion of charging stations, which is further boosting the market for electric scooters and motorcycles. The region is expected to see significant growth in the coming years as more cities adopt policies aimed at reducing pollution and traffic congestion.
North America represents a smaller, but steadily growing, market for electric scooters and motorcycles, with the United States and Canada showing strong potential for growth. Although the market share in North America is currently lower than in Asia-Pacific and Europe, increasing environmental awareness and the push for sustainable transportation solutions are gradually driving the adoption of electric two-wheelers. In addition, the expansion of charging infrastructure, the rising interest in eco-friendly alternatives, and the growing focus on reducing fuel dependence are contributing to the market’s growth. The North American market is expected to experience a surge in demand, especially in urban areas, where electric scooters and motorcycles offer an efficient and cost-effective alternative to traditional vehicles.
Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Global Electric Scooter and Motorcycle Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Drivers, Restraints and Opportunity Analysis
Drivers
- Increasing demand for eco-friendly and sustainable transportation solutions
- Government incentives, subsidies, and stricter emission regulations
- Advancements in battery technology and electric vehicle infrastructure
- Rising fuel prices and the need for cost-effective commuting options
- Growing urbanization and traffic congestion in major cities:
The rise in urbanization is one of the key factors driving the demand for electric scooters and motorcycles globally. As more people move to cities for work and education, urban populations are expanding at a rapid pace. This shift has led to increased traffic congestion, which makes commuting by traditional vehicles, such as cars, time-consuming and stressful. Electric scooters and motorcycles offer a convenient solution to this issue, allowing individuals to navigate through dense traffic more efficiently. Their compact size and ability to maneuver through narrow streets make them ideal for urban environments, where space and time are often limited.
Moreover, the growing congestion in major cities is contributing to higher levels of air pollution, making electric two-wheelers an attractive alternative. With zero emissions, electric scooters and motorcycles help reduce the carbon footprint of urban transportation. Many cities worldwide are beginning to enforce stricter regulations on emissions and promote sustainable modes of transport to improve air quality. As a result, consumers are increasingly looking for environmentally friendly alternatives to traditional gasoline-powered vehicles, with electric scooters and motorcycles gaining popularity as a clean and efficient option for daily commuting.
As urbanization continues to accelerate and cities become more crowded, the demand for electric scooters and motorcycles is expected to grow. In addition to being an eco-friendly solution, these vehicles also address the practical challenges posed by traffic congestion. They are more affordable than cars, have lower maintenance costs, and are easier to park in crowded urban areas. With governments and urban planners recognizing the benefits of electric two-wheelers, many cities are investing in infrastructure like charging stations and dedicated lanes for electric vehicles. This further encourages the adoption of electric scooters and motorcycles as a preferred mode of transportation in urban settings.
Restraints
- High upfront cost compared to traditional gasoline-powered vehicles
- Limited charging infrastructure in certain regions
- Concerns over the range and battery life of electric two-wheelers
- Limited consumer awareness and adoption in some markets
- Variability in regulatory standards across different countries:
The variability in regulatory standards across different countries presents a significant challenge for the global electric scooter and motorcycle market. Each country has its own set of rules and regulations governing the production, safety, and operation of electric two-wheelers. For example, the maximum allowed speed, minimum battery range, and technical specifications can vary widely depending on local regulations. This creates a level of complexity for manufacturers who need to ensure that their products comply with the specific requirements of each market they wish to enter. As a result, they often need to tailor their products to meet these different standards, which can increase production costs and delay market entry.
In some regions, there are also inconsistencies in the legal framework surrounding electric scooters and motorcycles. While countries in Europe and North America have well-established policies and incentives promoting the adoption of electric vehicles, other regions may lack clear guidelines or have regulations that are still evolving. In places with less developed regulatory frameworks, manufacturers may face challenges related to product certification, safety standards, and insurance requirements. This uncertainty can deter companies from investing in those markets, as navigating the regulatory landscape becomes time-consuming and costly.
Furthermore, inconsistent regulations can also affect the consumer experience. In some countries, electric scooters and motorcycles are subject to strict registration requirements, while in others, they may not be recognized as roadworthy vehicles, limiting their use. Additionally, policies regarding charging infrastructure, such as the availability of charging stations and subsidies for installing them, can differ significantly between regions. This creates a fragmented market, where the adoption of electric two-wheelers may be hindered by regulatory barriers in certain countries. As the global market for electric scooters and motorcycles continues to grow, there is a need for more harmonized standards and international cooperation to streamline regulations, which would help accelerate adoption and reduce market entry challenges for manufacturers.
Opportunities
- Expansion of charging networks and improvements in battery technology
- Growth potential in emerging markets such as Asia-Pacific and Latin America
- Development of shared mobility platforms and electric scooter sharing services
- Increasing interest in electric scooters and motorcycles for last-mile connectivity
- Rising demand for smart and connected electric vehicles with advanced features:
The rising demand for smart and connected electric vehicles is transforming the global electric scooter and motorcycle market. Consumers are increasingly seeking advanced features in their electric two-wheelers, similar to the technology seen in electric cars. Smart features such as real-time navigation, remote diagnostics, and connected apps are becoming highly sought after. These features allow riders to track their vehicle’s performance, receive notifications about maintenance, and even monitor the battery’s state of charge from their smartphones. As electric scooters and motorcycles become more integrated into the digital ecosystem, the appeal of these vehicles extends beyond just transportation, offering a seamless and enhanced user experience.
The integration of IoT (Internet of Things) technologies in electric scooters and motorcycles is also gaining momentum, enabling manufacturers to provide innovative features that improve both convenience and safety. Advanced functionalities like anti-theft systems, GPS tracking, and adaptive lighting systems are increasingly common in the market. Some models also feature intelligent speed control that adapts to road conditions or user preferences, further enhancing the riding experience. Additionally, over-the-air (OTA) updates are becoming popular, allowing manufacturers to update vehicle software remotely, ensuring that electric two-wheelers remain up-to-date with the latest features and safety improvements.
As the demand for smart electric vehicles rises, electric two-wheeler manufacturers are focusing more on providing high-tech solutions to differentiate their products in a competitive market. The integration of smart and connected features not only increases the appeal of electric scooters and motorcycles but also attracts a younger, tech-savvy demographic that values cutting-edge technology. These advanced features also contribute to safety, convenience, and overall functionality, making electric two-wheelers more attractive as a sustainable and practical mode of transportation. As technology continues to evolve, it is expected that the smart and connected aspect of electric scooters and motorcycles will play a pivotal role in shaping the future of urban mobility.
Competitive Landscape Analysis
Key players in Global Electric Scooter and Motorcycle Market include,
- Yadea Group Holding Ltd.
- Hero Electric
- Vmoto Limited
- Electrotherm Ltd.
- Jiangsu Xinri E-Vehicle Co., Ltd.
- Energica Motor Company
- Piaggio Group
- NIU International
- BMW Group
- KTM AG
- Mahindra and Mahindra Ltd.
- Harley Davidson
In this report, the profile of each market player provides following information:
- Company Overview and Product Portfolio
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Vehicle Type
- Market Snapshot, By Battery Type
- Market Snapshot, By Voltage Type
- Market Snapshot, By Distance Covered
- Market Snapshot, By Technology Type
- Market Snapshot, By Region
- Global Electric Scooter and Motorcycle Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
-
Increasing demand for eco-friendly and sustainable transportation solutions
-
Government incentives, subsidies, and stricter emission regulations
-
Advancements in battery technology and electric vehicle infrastructure
-
Rising fuel prices and the need for cost-effective commuting options
-
Growing urbanization and traffic congestion in major cities
-
- Restraints
-
High upfront cost compared to traditional gasoline-powered vehicles
-
Limited charging infrastructure in certain regions
-
Concerns over the range and battery life of electric two-wheelers
-
Limited consumer awareness and adoption in some markets
-
Variability in regulatory standards across different countries
-
- Opportunities
- Expansion of charging networks and improvements in battery technology
- Growth potential in emerging markets such as Asia-Pacific and Latin America
- Development of shared mobility platforms and electric scooter sharing services
- Increasing interest in electric scooters and motorcycles for last-mile connectivity
- Rising demand for smart and connected electric vehicles with advanced features
- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
- Competitive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
- Global Electric Scooter and Motorcycle Market, By Vehicle Type, 2021 - 2031 (USD Million)
- E-Scooter/Moped
- E-Motorcycl
- Global Electric Scooter and Motorcycle Market, By Battery Type, 2021 - 2031 (USD Million)
- Sealed Lead Acid
- Lithium-Ion
- Global Electric Scooter and Motorcycle Market, By Voltage Type, 2021 - 2031 (USD Million)
- 36V
- 48V
- 60V
- 72V
- Global Electric Scooter and Motorcycle Market, By Distance Covered, 2021 - 2031 (USD Million)
- Below 75 Miles
- 75–100 Miles
- Above 100 Miles
- Global Electric Scooter and Motorcycle Market, By Technology Type, 2021 - 2031 (USD Million)
- Plug-In
- Battery
- Global Electric Scooter and Motorcycle Market, By Geography, 2021 - 2031 (USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia & New Zealand
- South Korea
- ASEAN (Association of South East Asian Countries)
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- North America
- Global Electric Scooter and Motorcycle Market, By Vehicle Type, 2021 - 2031 (USD Million)
- Competitive Landscape
- Company Profiles
-
Yadea Group Holding Ltd.
-
Hero Electric
-
Vmoto Limited
-
Electrotherm Ltd.
-
Jiangsu Xinri E-Vehicle Co., Ltd.
-
Energica Motor Company
-
Piaggio Group
-
NIU International
-
BMW Group
-
KTM AG
-
Mahindra and Mahindra Ltd.
-
Harley Davidson
-
- Company Profiles
- Analyst Views
- Future Outlook of the Market