Global Electric Motorcycles & Scooters Market Size, Share, Opportunities, And Trends By Application (Personal Use, Commercial Use), By Product (E-Motorcycle, E-Bicycle, E-Scooter), By Battery (Sealed-ion lead acid, Lithium-ion, Nickel metal hydride), And By Geography - Forecasts From 2023 To 2028

The global electric motorcycles & scooters market is evaluated at US$11.798 billion in 2018 and is anticipated to grow at a CAGR of 6.07% to reach US$16.807 billion in 2024. The ability of these vehicles to offer considerable environmental benefits as opposed to gasoline-powered vehicles will be instrumental in the growth of this market. Low maintenance requirements, Initiatives by the government to spread awareness about the benefits of electric vehicles, superior quality, and reliability will boost the growth of the Electric Motorcycles & Scooter Market. Sealed lead acid, Lithium-ion, and Nickel-metal hydride are the three basic categories of batteries prevalent in the market. Lithium-ion-equipped Electric Motorcycles & Scooters Market is expected to grow at the highest rate during the forecast period on account of low weight and greater efficiency while charging and discharging. However, factors like limited power output and range along with a lack of charging infrastructure are further expected to restrain the market growth during the forecast period. Furthermore, China, being the largest exporter and manufacturer of E-vehicles, is expected to perform strikingly well on account of rapid urbanization, government support, industry shifts, and rising private demand. 

 

Lower maintenance and operating costs

Government initiatives

 

Lack of charging infrastructure facilities

Limited power output and range

 

In July 2019, Harley-Davidson announced the launch of its latest electric bike, LiveWire, the first-ever electric cruiser bike which is expected to go on sale throughout North America and Western Europe by the beginning of 2020.

In July 2019, Revolt Motors announced the launch of India’s first AI-powered electric bike, the Revolt RV 400.

 

Major industry players profiled as part of the report are Yamaha Motor Co., Ltd., Polaris Industries, Inc., KTM Sportmotorcycle GmbH, Harley-Davidson, and Revolt Motors among others.

 

The global electric motorcycles & scooters market has been analyzed through the following segments:

 

 

 

 

 

 

 

 

1. INTRODUCTION

1.1. Market Overview

1.2. Market Definition

1.3. Scope of the Study

1.4. Currency

1.5. Assumptions

1.6. Base, and Forecast Years Timeline

2. RESEARCH METHODOLOGY  

2.1. Research Design

2.2. Secondary Sources

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

4.1. Market Segmentation

4.2. Market Drivers

4.3. Market Restraints

4.4. Market Opportunities

4.5. Porter’s Five Forces Analysis

4.5.1. Bargaining Power of Suppliers

4.5.2. Bargaining Power of Buyers

4.5.3. Threat of New Entrants

4.5.4. Threat of Substitutes

4.5.5. Competitive Rivalry in the Industry

4.6. Industry Value Chain Analysis

4.7. Industry Regulations

4.8. Scenario Analysis 

5. GLOBAL ELECTRIC MOTORCYCLES & SCOOTERS MARKET BY APPLICATION

5.1. Personal Use

5.2. Commercial Use

6. GLOBAL ELECTRIC MOTORCYCLES & SCOOTERS MARKET BY PRODUCT

6.1. E-Motorcycle

6.2. E-Bicycle

6.3. E-Scooter

7. GLOBAL ELECTRIC MOTORCYCLES & SCOOTERS MARKET BY BATTERY

7.1. Sealed-ion lead acid

7.2. Lithium-ion

7.3. Nickel metal hydride

8. GLOBAL ELECTRIC MOTORCYCLES & SCOOTERS MARKET BY GEOGRAPHY

8.1. North America

8.1.1. USA

8.1.2. Canada

8.1.3. Mexico

8.2. South America

8.2.1. Brazil

8.2.2. Argentina

8.3. Europe

8.3.1. Germany

8.3.2. France

8.3.3. United Kingdom

8.3.4. Others

8.4. Middle East and Africa

8.4.1. Saudi Arabia

8.4.2. UAE

8.5. Asia Pacific

8.5.1. China

8.5.2. Japan

8.5.3. South Korea

8.5.4. India

9. COMPETITIVE INTELLIGENCE

9.1. Competitive Benchmarking and Analysis

9.2. Recent Investments and Deals

9.3. Strategies of Key Players

10. COMPANY PROFILES

10.1. Yamaha Motor Co., Ltd.

10.2. Polaris Industries, Inc.

10.3. Jiangsu Xinri E-Vehicle Co., Ltd.

10.4. Motorino

10.5. Terra Motors

10.6. Hero Electric

10.7. KTM Sportmotorcycle GmbH

10.8. Genze by Mahindra 

10.9. Harley-Davidson

10.10. Zero Motorcycles, Inc.

10.11. Revolt Motors 

LIST OF FIGURES

LIST OF TABLES

Yamaha Motor Co., Ltd.

Polaris Industries, Inc.

Jiangsu Xinri E-Vehicle Co., Ltd.

Motorino

Terra Motors

Hero Electric

Ktm Sportmotorcycle Gmbh

Genze by Mahindra 

Zero Motorcycles, Inc.

Revolt Motors