Global Electric Motorcycles and Scooters Market Size, Share and Trends Analysis, By Vehicle Type (E-Scooter/Moped and E-Motorcycle), By Voltage Type (36V, 48V, and 60V), By Distance Covered (Below 75 Miles, 75-100 Miles, and Above 100 Miles), By Technology Type (Plug-In and Battery), By Battery Type (Sealed Lead Acid and Lithium-Ion), Forecast (2022-2028)

The global electric motorcycles and scooters market is expected to grow at a significant CAGR during the forecast period The growth of the market is attributed by the increasing technological advancements in the field of motors and battery management systems. Electric vehicles have a low environmental impact, which drives demand for the global electric motorcycles and scooters market. The market is driven by the rising population and falling prices of electric scooters and motorcycles. Market growth is boosted by high functional efficiency and cost-effective maintenance, as well as low noise levels. Furthermore, as environmental concerns about conventional vehicles grow, electric motorcycles and scooters are becoming more popular. Government initiatives for long-term growth, as well as OEM presence, are presenting lucrative opportunities for the global electric motorcycles and scooters market. The demand for the electric motor cycles and scooters is driven by the rise in disposable income of working-class people and the government’s assistance in lowering the prices of e-vehicles.

Companies are now focusing on online sales platforms to increase their business presence coupled with the growing number of dealerships. The participation of vehicle manufacturers and governments in meeting zero-emission standards is significantly contributing to closing the carbon emissions gap. People are shifting to electric vehicles as fuel prices rise exponentially around the world, which will boost the market growth of the global electric motorcycles and scooters market. High initial cost of electric motorcycles and scooters is a major factor impeding the growth of the market. Okinawa Autotech, an Indian automaker, launched the R30 electric scooter in August 2020. This scooter is in the low-speed range, with a top speed of 25 kilometres per hour. Yadea Group released its Graphene batteries in July 2019. This is primarily applicable to electric two-wheelers. When compared to the majority of batteries in use around the world, they have a longer life and faster-charging options. Miku Max, a single-seater electric scooter designed in the shape of a sea, was introduced by Sunra in May 2018. It’s an 800-watt scooter with a top speed of 45 kilometres per hour. When a battery is fully charged, it can provide a range of up to 60 kilometres. AXLHE-20 was introduced by Hero Electric in February 2018. This scooter is currently the most powerful.

Market Coverage

• The market number available for – 2021-2028
• Base year- 2021
• Forecast period- 2022-2028
• Segment Covered-
  • By Vehicle Type
  • By Voltage
  • By Distance Covered
  • By Technology Type
  • By Battery Type
• Regions Covered-
  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World
• Competitive Landscape- AIMA Technology Group Co., Ltd., NIU International, and Zhejiang Luyuan Electric Vehicle Co., Ltd., among others.

Key questions addressed by the report

• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How COVID-19 impacted the market?
  • Deviation from the pre-COVID-19 forecast
  • Most affected region and segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

 

Global Electric Motorcycles and Scooters Market Report by Segment

By Vehicle Type

• E-Scooter/Moped
• E-Motorcycle

By Voltage Type

• 36V
• 48V
• 60V

By Distance Covered

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

By Technology Type

• Plug-In
• Battery

By Battery Type

• Sealed Lead Acid
• Lithium-Ion

 

Global Electric Motorcycles and Scooters Market Report by Region

North America

• US
• Canada

Europe

• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe

Asia-Pacific

• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific

Rest of the World

• Latin America
• Middle-East and Africa