Market Size, Growth & Valuation (2022-27)

Electric Scooter and Motorcycle Market is projected to grow at a CAGR of around 32% during the forecast period, i.e., 2022-27.

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Electric Scooter and Motorcycle Market Structure – Segmentation & Geography

By Vehicle Type

  • Scooters
  • Motorcycles

Here, electric motorcycles are anticipated to acquire a prominent market share through 2027, principally due to a more prominent younger population than others entwined with the introduction of various new models by automakers, i.e., attracting a massive consumer base for electric motorcycles.

By Battery Type

  • Sealed Lead Acid
  • Lithium-Ion

Between the two, Lithium-ion batteries are anticipated to significantly contribute to the global expansion of the Electric Scooter and Motorcycle Market during 2022-27.

By Distance Covered

  • Below 75 Miles
  • 75-100 Miles
  • Above 100 Miles

By Technology

  • Plug-In
  • Battery

By Usage

  • Commercial
  • Private

By Voltage

  • 36V
  • 48V
  • 60V
  • 72V
  • Above 72V

By Region

  • North America
  • South America
  • Europe
  • Middle East & Africa
  • Asia Pacific.

Asia-Pacific is anticipated to dominate the Electric Scooter and Motorcycle Market with the largest share during 2022-27. 

Key Growth Trends (2022-2027)

Growing Encouragement for Micro-Mobility Using Electric Scooters & Motorcycles - As the world is growing closer to adopting EVs, advancements in their overall charging infrastructure are offering greater accessibility & convenience to users for recharging their vehicles, which, in turn, is accelerating the sales of electric scooters & motorcycles globally. With these infrastructural developments, governments of different countries, in order to contribute greatly to environmental sustainability, are encouraging people to purchase these vehicles. For instance:

In April 2022, London hosted the world's first-ever series of Electric Scooter races with the principal aim to promote safe micro-mobility & eco-friendly transportation for urban mobility. This event was backed by the International Federation of Automobiles (FIA), France, and other prominent motorsport racing communities.

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Research Methodology

MarkNtel Advisors employs a thorough and iterative research methodology to enhance accuracy in market estimates. Our process combines bottom-up and top-down approaches, focusing on data triangulation for validation. It includes defining research objectives, selecting representative samples, and collecting data through surveys and interviews. Post-collection, we analyze and validate the data using statistical tools, ensuring reliability. Finally, we forecast market trends through predictive modeling, compiling our insights into detailed reports with charts and strategic recommendations for informed decision-making.

Competitive Analysis Framework

The Electric Scooter and Motorcycle industry is moderately fragmented, with key players focusing on technological advancements and strategic partnerships. A detailed competitive analysis helps businesses benchmark against industry leaders and identify growth opportunities.

Leading Electric Scooter and Motorcycle Companies are:

  • Alta Motors
  • Aima Technology Group Co., Ltd.
  • Ampere by Greaves Electric Mobility
  • Ather Energy
  • Bajaj Auto Ltd.
  • BMW Motorrad International
  • Energica Motor Company
  • Essence Motorcycles
  • Gogoro
  • Harley-Davidson
  • Hero Electric
  • LITO Motorcycles
  • Niu Technologies
  • Ola Electric Mobility
  • Tacita SRL
  • Vmoto Limited
  • Wuyang-Honda Motorcycle (Guangzhou) Co., Ltd.
  • Yadea Technology Group Co. Ltd
  • Zero Motorcycles Inc.
  • Zongshen Electric Motorcycle
  • Zhejiang Luyuan Electric Vehicle Co. Ltd.
  • Others.

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Key Questions Answered in This Report:

  1. What is the current market size of Electric Scooter and Motorcycle, and what growth rate is projected by 2027?
  2. Which key trends are driving Electric Scooter and Motorcycle market expansion in the next five years?
  3. How does market segmentation impact industry dynamics?
  4. Which geographic regions offer the highest growth potential?
  5. What are the primary challenges hindering Electric Scooter and Motorcycle industry growth?
  6. How do regulatory policies influence market development?
  7. What are the latest technological advancements impacting the sector?
  8. Who are the leading Electric Scooter and Motorcycle companies, and what are their market shares?
  9. What strategies are top competitors adopting to maintain dominance?
  10. What are the emerging niche segments with high growth potential?
  11. How do macroeconomic factors affect market performance?
  12. What are the investment opportunities for new entrants?
  13. How does pricing strategy vary across different market segments?
  14. What are the future innovation trends expected in this industry?

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