Electric Scooter and Motorcycle Market Report: Trends, Forecast and Competitive Analysis to 2030

Electric Scooter and Motorcycle Market Report: Trends, Forecast and Competitive Analysis to 2030

Electric Scooter and Motorcycle Trends and Forecast

The future of the global electric scooter and motorcycle market looks promising with opportunities in the e-scooter/moped and e-motorcycle markets. The global electric scooter and motorcycle market is expected to reach an estimated $65.5 billion by 2030 with a CAGR of 9.8% from 2024 to 2030. The major drivers for this market are rising demand for zero-emission alternative fuel vehicles, increasing adoption of battery exchange technologies, as well as, growing environmental awareness and supportive government policies.

A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.

Electric Scooter and Motorcycle by Segment

The study includes a forecast for the global electric scooter and motorcycle by technology, voltage, battery type, vehicle type, and region.

Electric Scooter and Motorcycle Market by Technology [Shipment Analysis by Value from 2018 to 2030]:

• Plug-In
• Battery

Electric Scooter and Motorcycle Market by Voltage [Shipment Analysis by Value from 2018 to 2030]:

• 36V
• 48V
• 60V
• 72V
• Above 72V

Electric Scooter and Motorcycle Market by Battery Type [Shipment Analysis by Value from 2018 to 2030]:

• Sealed Lead Acid
• Lithium-Ion
• Others

Electric Scooter and Motorcycle Market by Vehicle Type [Shipment Analysis by Value from 2018 to 2030]:

• E-Scooter/Moped
• E-Motorcycle

Electric Scooter and Motorcycle Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Electric Scooter and Motorcycle Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies electric scooter and motorcycle companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the electric scooter and motorcycle companies profiled in this report include-

• Yadea Technology
• Jiangsu Xinri E-Vehicle
• NIU International
• Hero Electric
• Okinawa Autotech
• KTM
• Husqvarna Motorcycles
• Honda Motors
• Ampere Vehicles

Electric Scooter and Motorcycle Market Insights

Lucintel forecasts that lithium-ion is expected to witness fastest growth over the forecast period because of its low cost and easy compatibility, along with the rising preferences for eco-friendly Li-ion batteries by OEMs.

APAC will remain the largest region over the forecast period because the market is experiencing an influx of both startups and established traditional manufacturers, as well as, consumer preference strongly leaning towards affordable transportation options.

Features of the Global Electric Scooter and Motorcycle Market

Market Size Estimates: Electric scooter and motorcycle market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Electric scooter and motorcycle market by various segments, such as by technology, voltage, battery type, vehicle type and region in terms of ($B).

Regional Analysis: Electric scooter and motorcycle market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different technology, voltage, battery type, vehicle type, and regions for the electric scooter and motorcycle market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the electric scooter and motorcycle market.

Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQ

Q.1 What is the electric scooter and motorcycle market size?

Answer: The global electric scooter and motorcycle market is expected to reach an estimated $65.5 billion by 2030.

Q.2 What is the growth forecast for electric scooter and motorcycle market?

Answer: The global electric scooter and motorcycle market is expected to grow with a CAGR of 9.8% from 2024 to 2030.

Q.3 What are the major drivers influencing the growth of the electric scooter and motorcycle market?

Answer: The major drivers for this market are rising demand for zero-emission alternative fuel vehicles, increasing adoption of battery exchange technologies, as well as, growing environmental awareness and supportive government policies.

Q4. What are the major segments for electric scooter and motorcycle market?

Answer: The future of the global electric scooter and motorcycle market looks promising with opportunities in the e-scooter/moped and e-motorcycle markets.

Q5. Who are the key electric scooter and motorcycle market companies?

Answer: Some of the key electric scooter and motorcycle companies are as follows:

• Yadea Technology
• Jiangsu Xinri E-Vehicle
• NIU International
• Hero Electric
• Okinawa Autotech
• KTM
• Husqvarna Motorcycles
• Honda Motors
• Ampere Vehicles

Q6. Which electric scooter and motorcycle market segment will be the largest in future?

Answer: Lucintel forecasts that lithium-ion is expected to witness fastest growth over the forecast period because of its low cost and easy compatibility, along with the rising preferences for eco-friendly Li-ion batteries by OEMs.

Q7. In electric scooter and motorcycle market, which region is expected to be the largest in next 5 years?

Answer: APAC will remain the largest region over the forecast period because the market is experiencing an influx of both startups and established traditional manufacturers, as well as, consumer preference strongly leaning towards affordable transportation options.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

Q.1. What are some of the most promising, high-growth opportunities for the electric scooter and motorcycle market by technology (plug-in and battery), voltage (36V, 48V, 60V, 72V, above 72V), battery type (sealed lead acid, lithium-ion, and others), vehicle type (e-scooter/moped and e-motorcycle), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2. Which segments will grow at a faster pace and why?

Q.3. Which region will grow at a faster pace and why?

Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?

Q.5. What are the business risks and competitive threats in this market?

Q.6. What are the emerging trends in this market and the reasons behind them?

Q.7. What are some of the changing demands of customers in the market?

Q.8. What are the new developments in the market? Which companies are leading these developments?

Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?

Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?

Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?

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