Electric Motorcycle and Scooter Market 2023 Expected to Reach Significant Rate by 2030 (2023)

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Mar 28, 2023 (The Expresswire) --The "Electric Motorcycle and Scooter Market" study describes how the technology industry is evolving and how major and emerging players in the industry are responding to long term opportunities and short-term challenges they face. One major attraction about Electric Motorcycle and Scooter Industry is its growth rate. Many major technology players are[Yadea, AIMA, Lvyuan, Sunra, TAILG, Lima, BYVIN, Zongshen Electric Motorcycle, Wuyang Honda, HONG ER DA, Lvjia, Slane, Opai Electric, Supaq, Xiaodao Ebike, Sykee, Aucma EV, Accell Group, Terra Motor, Govecs, Gazelle, ZEV, Zero Motorcycles, Horwin, Ninebot, Aerlang, Niu, Super Soco]have been looking into Electric Motorcycle and Scooter to increase their market share and reach towards consumers.

What is the Electric Motorcycle and Scooter market growth?

Electric Motorcycle and Scooter Market Size is projected to Reach Multimillion USD by 2028, In comparison to 2023, at unexpected CAGR during the forecast Period 2023-2028.

Browse Detailed TOC, Tables and Figures with Charts which is spread across 129 Pages that provides exclusive data, information, vital statistics, trends, and competitive landscape details in this niche sector.

Client Focus:

1. Does this report consider the impact of COVID-19 and the Russia-Ukraine war on the Electric Motorcycle and Scooter market?

Yes. As the COVID-19 and the Russia-Ukraine war are profoundly affecting the global supply chain relationship and raw material price system, we have taken them into consideration throughout the research, and in Chapters, we elaborate at full length on the impact of the pandemic and the war on the Electric Motorcycle and Scooter Industry

Final Report will add the analysis of the impact of Russia-Ukraine War and COVID-19 on this Electric Motorcycle and Scooter Industry.


This research report is the result of an extensive primary and secondary research effort into the Electric Motorcycle and Scooter market. It provides a thorough overview of the market's current and future objectives, along with a competitive analysis of the industry, broken down by application, type and regional trends. It also provides a dashboard overview of the past and present performance of leading companies. A variety of methodologies and analyses are used in the research to ensure accurate and comprehensive information about the Electric Motorcycle and Scooter Market.

Which are the driving factors of the Electric Motorcycle and Scooter market?

Growing demand for[Electric Motorcycle, Electric Scooter]around the world has had a direct impact on the growth of the Electric Motorcycle and Scooter

The Electric Motorcycle and Scooter segments and sub-section of the market are illuminated below:

Based on Product Types the Market is categorized into[E-Commerce, Retail Store]that held the largest Electric Motorcycle and Scooter market share In 2023.

Get a Sample PDF of report: https://www.marketgrowthreports.com/enquiry/request-sample/21977423

Electric Motorcycle and Scooter Market - Competitive and Segmentation Analysis:

2.How do you determine the list of the key players included in the report?

(Video) Honda Releases CHEAP New Motorcycles: Dax E, Cub E & Zoomer E

With the aim of clearly revealing the competitive situation of the industry, we concretely analyze not only the leading enterprises that have a voice on a global scale, but also the regional small and medium-sized companies that play key roles and have plenty of potential growth.

Short Description About Electric Motorcycle and Scooter Market:

The Global Electric Motorcycle and Scooter market is anticipated to rise at a considerable rate during the forecast period, between 2023 and 2028. In 2021, the market is growing at a steady rate and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

The Electric Motorcycle and Scooter market report provides a detailed analysis of global market size, regional and country-level market size, segmentation market growth, market share, competitive Landscape, sales analysis, impact of domestic and global market players, value chain optimization, trade regulations, recent developments, opportunities analysis, strategic market growth analysis, product launches, area marketplace expanding, and technological innovations.

According to ourlatest study, due to COVID-19 pandemic, the global Electric Motorcycle and Scooter market size is estimated to be worth USD 6262.3 million in 2021 and is forecast to a readjusted size of USD 8466.4 million by 2028 with a CAGR of 4.4% during review period. E-Commerce accounting for percent of the Electric Motorcycle and Scooter global market in 2021, is projected to value USD million by 2028, growing at a percent CAGR in next six years. While Electric Motorcycle segment is altered to a percent CAGR between 2022 and 2028.

Global key manufacturers of Electric Motorcycle and Scooter include Yadea, AIMA, Lvyuan, Sunra, and TAILG, etc. In terms of revenue, the global top four players hold a share over percent in 2021.

Get a Sample Copy of the Electric Motorcycle and Scooter Market Report 2023:https://www.marketgrowthreports.com/enquiry/request-sample/21977423

3.What are your main data sources?Both Primary and Secondary data sources are being used while compiling the report.

Primary sources include extensive interviews of key opinion leaders and industry experts (such as experienced front-line staff, directors, CEOs, and marketing executives), downstream distributors, as well as end-users. Secondary sources include the research of the annual and financial reports of the top companies, public files, new journals, etc. We also cooperate with some third-party databases.

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historical data and forecast (2017-2027) of the following regions are covered in Chapters:

● North America (United States, Canada, and Mexico)

● Europe (Germany, UK, France, Italy, Russia, and Turkey etc.)

● Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia, and Vietnam)

● South America (Brazil, Argentina, Columbia etc.)

● Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)

(Video) 10 Upcoming Scooters Reviewed with Main Specs & Estimated Prices for 2023

This Electric Motorcycle and Scooter Market Research/Analysis Report Contains Answers to your following Questions

● What are the global trends in the Electric Motorcycle and Scooter market? Would the market witness an increase or decline in the demand in the coming years?

● What is the estimated demand for different types of products in Electric Motorcycle and Scooter? What are the upcoming industry applications and trends for Electric Motorcycle and Scooter market?

● What Are Projections of Global Electric Motorcycle and Scooter Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What about Import and Export?

● Where will the strategic developments take the industry in the mid to long-term?

● What are the factors contributing to the final price of Electric Motorcycle and Scooter? What are the raw materials used for Electric Motorcycle and Scooter manufacturing?

● How big is the opportunity for the Electric Motorcycle and Scooter market? How will the increasing adoption of Electric Motorcycle and Scooter for mining impact the growth rate of the overall market?

● How much is the global Electric Motorcycle and Scooter market worth? What was the value of the market In 2020?

● Who are the major players operating in the Electric Motorcycle and Scooter market? Which companies are the front runners?

● Which are the recent industry trends that can be implemented to generate additional revenue streams?

● What Should Be Entry Strategies, Countermeasures to Economic Impact, and Marketing Channels for Electric Motorcycle and Scooter Industry?

Customization of the Report

Can I modify the scope of the report and customize it to suit my requirements?

Yes. Customized requirements of multi-dimensional, deep-level and high-quality can help our customers precisely grasp market opportunities, effortlessly confront market challenges, properly formulate market strategies and act promptly, thus to win them sufficient time and space for market competition.

Inquire more and share questions if any before the purchase on this report at:https://www.marketgrowthreports.com/enquiry/pre-order-enquiry/21977423

Detailed TOC of Global Electric Motorcycle and Scooter Market Insights and Forecast to 2028

Major Points from Table of Contents

(Video) CFMOTO Electric Scooter! The ZEEHO AE8 is quicker than your ADV 160

Global Electric Motorcycle and Scooter Market Research Report 2023-2028, by Manufacturers, Regions, Types and Applications

1 Introduction
1.1 Objective of the Study
1.2 Definition of the Market
1.3 Market Scope
1.3.1 Market Segment by Type, Application and Marketing Channel
1.3.2 Major Regions Covered (North America, Europe, Asia Pacific, Mid East and Africa)
1.4 Years Considered for the Study (2015-2028)
1.5 Currency Considered (U.S. Dollar)
1.6 Stakeholders

2 Key Findings of the Study

3 Market Dynamics
3.1 Driving Factors for this Market
3.2 Factors Challenging the Market
3.3 Opportunities of the Global Electric Motorcycle and Scooter Market (Regions, Growing/Emerging Downstream Market Analysis)
3.4 Technological and Market Developments in the Electric Motorcycle and Scooter Market
3.5 Industry News by Region
3.6 Regulatory Scenario by Region/Country
3.7 Market Investment Scenario Strategic Recommendations Analysis

4 Value Chain of the Electric Motorcycle and Scooter Market

4.1 Value Chain Status
4.2 Upstream Raw Material Analysis
4.3 Midstream Major Company Analysis (by Manufacturing Base, by Product Type)
4.4 Distributors/Traders
4.5 Downstream Major Customer Analysis (by Region)

5 Global Electric Motorcycle and Scooter Market-Segmentation by Type
6 Global Electric Motorcycle and Scooter Market-Segmentation by Application

7 Global Electric Motorcycle and Scooter Market-Segmentation by Marketing Channel
7.1 Traditional Marketing Channel (Offline)
7.2 Online Channel

8 Competitive Intelligence Company Profiles

9 Global Electric Motorcycle and Scooter Market-Segmentation by Geography

9.1 North America
9.2 Europe
9.3 Asia-Pacific
9.4 Latin America

9.5 Middle East and Africa

10 Future Forecast of the Global Electric Motorcycle and Scooter Market from 2023-2028

10.1 Future Forecast of the Global Electric Motorcycle and Scooter Market from 2023-2028 Segment by Region
10.2 Global Electric Motorcycle and Scooter Production and Growth Rate Forecast by Type (2023-2028)
10.3 Global Electric Motorcycle and Scooter Consumption and Growth Rate Forecast by Application (2023-2028)

11 Appendix
11.1 Methodology
12.2 Research Data Source

(Video) Cheap 80mph Electric Motorcycle // 2023 Sondors METACYCLE


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Electric Motorcycle and Scooter Market 2023 Expected to Reach Significant Rate by 2030 (1)


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Electric Motorcycle and Scooter Market 2023 Expected to Reach Significant Rate by 2030? ›

The global Electric Motorcycle and Scooter market size will reach USD 8250.9 million in 2030, growing at a CAGR of 4.8% over the analysis period. The United States Electric Motorcycle and Scooter market is expected at value of USD million in 2021 and grow at approximately Percent CAGR during review period.

What is the market outlook for electric scooters? ›

b. The global electric scooters market is expected to grow at a compound annual growth rate of 9.9% from 2023 to 2030 to reach USD 78.66 billion by 2030.
Report AttributeDetails
Market size value in 2023USD 37.07 billion
Revenue forecast in 2030USD 78.65 billion
Growth rateCAGR of 9.9% from 2023 to 2030
11 more rows

What is the growth of electric motorcycle? ›

You will discover why the top motorcycles OEMs works with us. After a decade of rapid growth, in 2021 the global electric 2-wheeler (scooter plus motorcycles) market hit the 10 million mark, a 81% increase over the pre-pandemic 2019, and representing a 17.5% total 2-Wheeler industry.

How big is the electric scooter market? ›

The global electric scooters (E-Scooters) market size was estimated at USD 33.72 billion in 2022 and it is expected to hit around USD 88.75 billion by 2032, anticipated to grow at a compound annual growth rate (CAGR) of 10.16% from 2023 to 2032.

What is the future potential of e scooter? ›

The future of e-scooters

They have the potential to take journeys off the road, reduce congestion, assist with first and last mile journeys and could even be integrated seamlessly into the wider public transport network.

Who is the largest producer of electric scooters? ›

Yadea, the world's largest electric scooter maker, keeps the ball rolling in the first half of 2022 as export volumes surge 104%. Rising global demand for two-wheel EVs is driving Yadea's overseas expansion.

What is the expected growth in the motorcycle industry? ›

Motorcycles market unit sales are expected to reach 599.20k motorcyles in 2027. The volume weighted average price of Motorcycles market in 2023 is expected to amount to US$11.98k.

Is the motorcycle market growing? ›

The global motorcycle market size was valued at $105.52 billion in 2021, and is projected to reach $233.51 billion by 2031, registering a CAGR of 8.6% from 2022 to 2031.
Market Size By 2031USD 233.5 billion
Growth RateCAGR of 8.6%
Forecast period2021 - 2031
Report Pages310
5 more rows

Why aren t electric motorcycles popular? ›

There are many obstacles and barriers to entry, including the high costs of production, a lack of understanding about getting a bike to market, design development and product issues, plus supply chain, sourcing, and manufacturing issues. That all makes it hard to produce a bike for a reasonable price.

Are electric scooters gaining popularity? ›

Electric scooters and e-bikes are rising in popularity. As transportation options diversify, local policymakers are beginning to integrate micromobility means as integral fixtures in transportation networks and climate action plans, given their health and climate benefits.

Is an e scooter a good investment? ›

Will an electric scooter ever replace my car? Owning an electric scooter is clearly a strong investment as a means of transportation, but the benefits of ownership go beyond the great value that they provide. Your electric scooter will likely cost below ten percent of what you would pay for a new car.

Is it worth investing in an electric scooter? ›

While an electric scooter will cost you initially, the savings it provides most commuters is totally worth it. Whether it's a few miles/kilometers a day or completely replacing your car, adding a scooter to your life saves money and time, and more importantly, it can make your commute one of the best parts of your day.

Can electric scooter last 10 years? ›

On average, e-scooters in a ride-share fleet last for 9 to 18 months, while personal ones last for up to 3 years. The efficiency of a personal e-scooter reduces after the first 2 years, but with proper care and maintenance, you'll still be cruising your scooter for up to 3 years or even more.

Who is the target market for e-scooters? ›

The target market for e-scooters and portable e-bikes is commuters looking for a way to speed their last mile to home or work. Students on college campuses are another big market, Wakefield said.

How many years do electric scooters last? ›

Depending on the quality of your electric scooter and your usage, it can last for at least three years or more. For the first two years, efficiency may decrease, but it's in the third year of your electric scooter that you will feel the drop in efficiency. This may mean less range and speed, and more maintenance.

Which company sells best electric scooter? ›

Honda Activa sold 1.30 lakh units in January 2023.
1Honda Activa1,30,001
2TVS Jupiter54,484
3Suzuki Access45,497
6 more rows
Mar 1, 2023

Which is the top selling electric scooter? ›

Top 5 highest-selling electric two-wheelers in India in December 2022
ModelDecember 2021 Sales (Units)December 2022 Sales (Units)
TVS iQube1,21211,071
Ather 450X1,7617,085
Bajaj Chetak7283,249
Okinawa Praise Pro6,0852,000
1 more row
Jan 25, 2023

Is electric scooter business profitable? ›

The Financial Benefits of a Scooter-Sharing Business

Overall, the scooter-share industry experiences an estimated 27% to 30% gross profit margin on scooter rides, according to reports from Joyride's current operators and those released by leading micromobility companies.

What is the trend in motorcycles in 2023? ›

Motorcycle Stability Control (MSC), Anti-lock Braking System (ABS), and side view assist are trends shaping the motorcycle industry's future in 2023. They are being incorporated into motorcycles to prevent accidents and ensure a motorcyclist's safety.

Will motorcycles be banned in 2035? ›

No petrol bikes after 2035: Government proposes new cut off for combustion engined motorcycles. The Department for Transport (DFT) have marked the end of the first year of their Transport Decarbonisation Plan with fresh proposals to end the sale of petrol motorcycles and scooters by 2035.

What is the future of the powersports industry? ›

The report suggests that this industry is expected to experience an annual revenue increase (in USD Mn) During the Forecast Period. Powersports Aftermarket Market Size is projected to Reach Multimillion USD by 2029, In comparison to 2021, at unexpected CAGR during the forecast Period 2022-2029.

What is the outlook of two wheeler market? ›

The global two wheeler market size was valued at USD 110.82 billion in 2021 and is projected to grow from USD 121.49 billion in 2022 to USD 217.94 billion by 2029, exhibiting a CAGR of 8.7% during the forecast period.

Is there a high demand for motorcycles? ›

Report Overview. The global motorcycles market size was valued at USD 104.1 billion in 2021 and is estimated to rise at a compound annual growth rate (CAGR) of 7.4% from 2022 to 2028.

Who are the target market of motorcycle? ›

A Target Market, is composed of people who are most likely to be potential customers. For example, the target market for a low powered, commuter motorbike is likely to be: A worker, commuting a relatively short distance to and from his/her workplace.

Will electric motorcycles be a thing? ›

As much as we love high-performance bikes, an electric motorcycle will probably spend most of its life in the city. And, this is why the Super Soco TC is on our list. The Super Soco TC not only looks retro in a stylish way, but it also makes for a great commuter electric bike.

Why buy an electric motorcycle? ›

Electric Motorcycles Deliver Instant Torque and Power

If you're all about performance, electric motorcycles have a clear advantage over gas motorcycles. At a lower RPM, ICE engines produce less torque. Therefore, they can only achieve peak power and maximum torque when their engine is spinning at a high RPM rate.

Will Honda make electric motorcycles? ›

All new Honda e-motorcycles will use its solid-state batteries, which are currently under development and slated to hit production in 2024. The automaker claims the electric models are part of Honda's strategy to hit carbon neutrality in its motorcycle unit by 2040.

Why electric scooters are better than electric bikes? ›

It's also worth considering that the scooter will be far more theft resistant. Electric bikes are at a much higher risk of theft because of high resale prices and because they must be left outside on most trips. This makes cost of ownership go up due to expensive bike locks and e-bike insurance.

What is the demographic of electric scooters? ›

Overall, micromobility like e-scooters is extremely popular in the 18 to 50 age group. Another factor noted for scooter riders surveyed in major urban markets was household income, with more than half reporting a household income of less than $75,000.

What problems do electric scooters solve? ›

Each individual who chooses to ride an electric scooter eliminates one additional vehicle from a traffic jam, which speeds up traffic and fewer road accidents.

What is the crash rate of e-scooters? ›

The aftermath of a collision between an e-scooter and a passenger car. A new study in Los Angeles found that there are 115 injuries per 1 million e-scooter trips, far more than the national rate for bicycles and passenger cars.

What is the best age to get an electric scooter? ›

To ensure the safety of your child, escooters are recommended for children aged 8 and above, with a maximum weight limit of between 60kg and 80kg depending on the model. The reason for this is that children of this age have better motor skills and awareness of their surroundings to ensure safe control of the scooter.

What are the cons of owning an electric scooter? ›

People come in all different shapes and sizes, and e-scooters are not going to be a suitable form of transport for everyone. E-scooter will have a weight limit, so if you are obese or overweight, then the scooter is most likely going to be prone to damage if you use it.

How many miles can an electric scooter last? ›

But in general, most electric scooters can go from 10-80 miles (depending on the battery, weight, and other built-in factors) in just one charge. Keep in mind that this depends on the type of electric scooter that you get.

What is a reliable electric scooter? ›

Quick List: Best Electric Scooters 2023. Based on the feedback from 49,725 scooter fans and 4 years of hands-on testing, we can reveal that the best electric scooters are: Turboant X7 Max – Best Overall ($499.98) Turboant M10 – Best Commuter ($359.98) Mosquito – Best Portable ($999)

Why are electric scooters getting more expensive? ›

Li-ion batteries may be smaller than their traditional counterparts, but they hold considerably more energy for extended periods of time. Despite the market seeing a gradual decrease in the cost of lithium-ion batteries over the last ten years, rising costs of their raw materials continue to keep prices high.

What is the market outlook for electric vehicles? ›

S&P Global Mobility forecasts electric vehicle sales in the United States could reach 40 percent of total passenger car sales by 2030, and more optimistic projections foresee electric vehicle sales surpassing 50 percent by 2030.

What will EV market be worth in 2030? ›

As per Precedence Research, the global electric car market size was estimated at USD 124.33 billion in 2022 and it is expected to be worth around USD 358.77 billion by 2030 with a CAGR of 14.16% from 2022 to 2030.

What will the electric vehicle market be worth in 2030? ›

Global Electric Vehicle Market is valued at USD 193.55 Billion in 2022 and is projected to reach a value of USD 693.70 Billion by 2030 at a CAGR (Compound Annual Growth Rate) of 17.30% over the forecast period.

What is the electric vehicle sales forecast for 2023? ›

Revenue in the Electric Vehicles market is projected to reach US$61.18bn in 2023. Revenue is expected to show an annual growth rate (CAGR 2023-2027) of 22.79%, resulting in a projected market volume of US$139.10bn by 2027. Electric Vehicles market unit sales are expected to reach 2.13m vehicles in 2027.

What is better electric bike or scooter? ›

Although a scooter is more portable and easier to carry, it isn't going to get you there at the speed in which an electric bike will. Other important factors? Range and safety. No question here that an ebike is going to give you more range and less worry about having your battery die or getting stuck etc.

How much do lime scooter owners make? ›

When you check the app for scooters that need to be harvested, you'll be able to see how much each scooter will earn you. Lime juicers report an average of about $8 per scooter, with $5 to $12 per scooter as a reasonable range. You can probably expect to make around $20 to $30 per hour.


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