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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?
For any questions related to Electric Scooter And Motorcycle Market, Electric Scooter And Motorcycle Market Size, Electric Scooter And Motorcycle Market Growth, Electric Scooter And Motorcycle Market Analysis, Electric Scooter And Motorcycle Market Report, Electric Scooter And Motorcycle Market Share, Electric Scooter And Motorcycle Market Trends, Electric Scooter And Motorcycle Market Forecast, Electric Scooter And Motorcycle Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.
Table of Contents
1. Executive Summary
2. Global Electric Scooter and Motorcycle Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Electric Scooter and Motorcycle Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Electric Scooter and Motorcycle Market by Technology
3.3.1: Plug-In
3.3.2: Battery
3.4: Global Electric Scooter and Motorcycle Market by Voltage
3.4.1: 36V
3.4.2: 48V
3.4.3: 60V
3.4.4: 72V
3.4.5: Above 72V
3.5: Global Electric Scooter and Motorcycle Market by Battery Type
3.5.1: Sealed Lead Acid
3.5.2: Lithium-Ion
3.5.3: Others
3.6: Global Electric Scooter and Motorcycle Market by Vehicle Type
3.6.1: E-Scooter/Moped
3.6.2: E-Motorcycle
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Electric Scooter and Motorcycle Market by Region
4.2: North American Electric Scooter and Motorcycle Market
4.2.1: North American Electric Scooter and Motorcycle Market by Battery Type: Sealed lead acid, Lithium-ion, and Others
4.2.2: North American Electric Scooter and Motorcycle Market by Vehicle Type: E-Scooter/Moped and E-Motorcycle
4.3: European Electric Scooter and Motorcycle Market
4.3.1: European Electric Scooter and Motorcycle Market by Battery Type: Sealed lead acid, Lithium-ion, and Others
4.3.2: European Electric Scooter and Motorcycle Market by Vehicle Type: E-Scooter/Moped and E-Motorcycle
4.4: APAC Electric Scooter and Motorcycle Market
4.4.1: APAC Electric Scooter and Motorcycle Market by Battery Type: Sealed lead acid, Lithium-ion, and Others
4.4.2: APAC Electric Scooter and Motorcycle Market by Vehicle Type: E-Scooter/Moped and E-Motorcycle
4.5: ROW Electric Scooter and Motorcycle Market
4.5.1: ROW Electric Scooter and Motorcycle Market by Battery Type: Sealed lead acid, Lithium-ion, and Others
4.5.2: ROW Electric Scooter and Motorcycle Market by Vehicle Type: E-Scooter/Moped and E-Motorcycle
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Electric Scooter and Motorcycle Market by Technology
6.1.2: Growth Opportunities for the Global Electric Scooter and Motorcycle Market by Voltage
6.1.3: Growth Opportunities for the Global Electric Scooter and Motorcycle Market by Battery Type
6.1.4: Growth Opportunities for the Global Electric Scooter and Motorcycle Market by Vehicle Type
6.1.5: Growth Opportunities for the Global Electric Scooter and Motorcycle Market by Region
6.2: Emerging Trends in the Global Electric Scooter and Motorcycle Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Electric Scooter and Motorcycle Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Electric Scooter and Motorcycle Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: Yadea Technology
7.2: Jiangsu Xinri E-Vehicle
7.3: NIU International
7.4: Hero Electric
7.5: Okinawa Autotech
7.6: KTM
7.7: Husqvarna Motorcycles
7.8: Honda Motors
7.9: Ampere Vehicles
.
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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
In-depth interviews of the major players in this market
Detailed secondary research from competitors’ financial statements and published data
Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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