Electric Scooter and Motorcycle Market By Vehicle Type (E-Scooter/Moped, E-Motorcycle), By Battery Type (Sealed Lead Acid, Lithium-ion, Others), By Range (Less Than 75 Miles, 75 Miles to 100 Miles, More Than 100 Miles), By Power (Less Than 3kW, 3kW to 5kW, More Than 5kW), By Vehicle Class (Economy, Luxury), By Usage (Commercial, Private): Global Opportunity Analysis and Industry Forecast, 2021-2031
The report incorporates the study of the global electric scooter and motorcycle market that focuses on the type of electric vehicles and alternative fuels used in different vehicles. An electric motorcycle or scooter is a standard bike, which is equipped with an electric motor, a battery, and a drivetrain. It majorly uses lithium-ion & lead acid batteries and can cover long distances with a single charge. Electric motorcycles or scooters is simple to operate, convenient for all age groups, and serves as an environment-friendly means of transportation, in comparison to conventional motored vehicles. Electric motorcycles & scooters are now being considered as viable transportation option due to their power capacity, long distance range, and moderate speed. The popularity of electric mobility is increasing, due to rapid urbanization and surge in vehicular traffic on streets. For instance, in March 2022, Okinawa Autotech Pvt. Ltd. launched the Okhi 90 electric scooter in India. Priced around USD 1500 (INR 117,000), the scooter was offered with a 3.6kWh removable lithium-ion battery pack coupled with a 3.8kW electric motor and offered a maximum riding range of 160 km in the Sport mode and up to 200 km while in the Eco mode on a single charge.
The factors such as increasing government initiatives towards electric mobility, rising fuel prices, and consumer inclination toward use of e-bikes as an eco-friendly & efficient solution for commute supplement the growth of the electric scooter and motorcycle market. However, high initial cost of e-bikes and scooter and ban on use of e-bikes in major cities of China are the factors expected to hamper the growth of the electric scooter and motorcycle market. In addition, improvement in infrastructure and growing advancement in battery technology creates market opportunities for the key players operating in the electric scooter and motorcycle market.
For the purpose of analysis, the global electric scooter and motorcycle market is segmented on the basis of vehicle type, battery type, range, power, vehicle class, and usage. By vehicle type, the market is divided into E-scooter/moped and E-motorcycle. By battery type, it is fragmented into sealed lead acid, lithium-ion, and others. By range, it is categorized into less than 75 miles, 75 miles to 100 miles, and more than 100 miles. By power, it is further classified into less than 3kW, 3kW to 5kW, and more than 5kW. By vehicle class, it is fragmented into economy and luxury. By usage, it is categorized into commercial and private. By region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The leading players operating in the electric scooter and motorcycles market are AIMA Technology Group Co. Ltd., Dongguan Tailing Electric Vehicle Co., Ltd., Energica Motor Co SpA, Govecs AG, Greaves Electric Mobility Private Limited, Harley-Davidson, Hero Electric, Jiangsu Xinri E-Vehicle Co., Ltd, KTM AG, Lightning Motorcycles, Okinawa Autotech Pvt. Ltd., Piaggio & C. SpA, Terra motors, TVS Motor Co Ltd, Vmoto limited, Yadea Technology Group Co., Ltd., Zero Motorcycles, Inc.
Key Benefits For Stakeholders
This study presents analytical depiction of the global electric scooter and motorcycle market analysis along with current trends and future estimations to depict imminent investment pockets.
The overall electric scooter and motorcycle market opportunity is determined by understanding profitable trends to gain a stronger foothold.
The report presents information related to the key drivers, restraints, and opportunities of the global electric scooter and motorcycle market with a detailed impact analysis.
The current electric scooter and motorcycle market is quantitatively analyzed from 2022 to 2031 to benchmark the financial competency.
Porter’s five forces analysis illustrates the potency of the buyers and suppliers in the industry.
Key Market Segments
By Vehicle Type
E-Scooter/Moped
E-Motorcycle
By Battery Type
Sealed Lead Acid
Lithium-ion
Others
By Range
Less Than 75 Miles
75 Miles to 100 Miles
More Than 100 Miles
By Power
Less Than 3kW
3kW to 5kW
More Than 5kW
By Vehicle Class
Economy
Luxury
By Usage
Commercial
Private
By Region
North America
U.S.
Canada
Mexico
Europe
UK
Germany
France
Netherlands
Italy
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
Vietnam
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa
Key Market Players
AIMA Technology Group Co. Ltd
Alta Motors
Ampere Vehicles Pvt Ltd (Greaves Cotton)
Bell Custom Cycles
Blacksmith Electric
Electric Motion
Energica Motor Company S.p.A
Essence Motorcycles
Govecs Group
Harley Davidson
Hero Eco Vehicles Pvt Ltd
Hero Electric
Honda Motors
Husqvarna Motorcycles GmbH
Johammer e-mobility GmbH
KTM AG
Lightning Motorcycles
Please Note: It will take 7-10 business days to complete the report upon order confirmation.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook