Global E-Scooter/Moped and E-Motorcycle Market, By Type (Sealed Lead Acid, Lithium-Ion), Distance Covered (Below 75 Miles, 75–100 Miles, Above 100 Miles), Vehicle Type (E-Scooter/Moped, E-Motorcycle), Voltage Type (36V, 48V, 60V, 72V), Technology Type (Plug- In, Battery), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
E-scooter/moped and E-motorcycle market will reach at an estimated value of USD 458.86 billion and grow at a CAGR of 35.40% in the forecast period of 2021 to 2028. Rising low operating and maintenance costs is an essential factor driving the E-scooter/moped and E-motorcycle market.
Electric scooters and motorcycles are plug in electric vehicles that usually have to two or three wheels. They use need battery to run and the electricity is usually stored on board in rechargeable battery. They have the ability to cover distance from below 75 miles to more than 100 miles. These electric vehicles are equipped with lithium-ion batteries and are rechargeable in nature. They are cost effective because they don’t run on fuel or petrol.
Rising government incentives and subsidies is a crucial factor accelerating the market growth, also rising demand for environment friendly ride gas, increasing demand for eco-friendly transportation among population, increasing low cost of the lead acid battery, increasing demand for high power and enhanced performance in electric motorcycles and scooters, rising utilization of electric motorcycles & scooters for day-to-day commute in populated cities creates a demand for high power and enhanced efficiency and rising ability of 48V batteries to produce desirable power output to compete with conventional ICE two-wheelers are the major factors among others boosting the E-scooter/moped and E-motorcycle market. Moreover, increasing government bodies backing electric two-wheelers and increasing established players yet to enter the market will further create new opportunities for E-scooter/moped and E-motorcycle market in the forecast period mentioned above.
However, increasing lack of charging infrastructure and increasing lack of power output and limited range are the major factors among others restraining the market growth, while rising design and performance standards and increasing initial investments and high cost of electricity will further challenge the E-scooter/moped and E-motorcycle market in the forecast period mentioned above.
This E-scooter/moped and E-motorcycle market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on E-scooter/moped and E-motorcycle market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global E-Scooter/Moped and E-Motorcycle Market Scope and Market Size
E-scooter/moped and E-motorcycle market is segmented on the basis of type, distance covered, vehicle type, voltage type and technology type. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of type, the E-scooter/moped and E-motorcycle market is segmented into sealed lead acid and lithium-ion.
- Based on distance covered, the E-scooter/moped and E-motorcycle market is segmented into below 75 miles, 75–100 miles and above 100 miles.
- Based on vehicle type, the E-scooter/moped and E-motorcycle market is segmented into E-scooter/moped and E-motorcycle.
- Based on voltage type, the E-scooter/moped and E-motorcycle market is segmented into 36V, 48V, 60V and 72V.
- The E-scooter/moped and E-motorcycle market is also segmented on the basis of technology type into plug- In and battery.
E-Scooter/Moped and E-Motorcycle Market Scope Country Level Analysis
E-scooter/moped and E-motorcycle market is analysed and market size, volume information is provided by country, type, distance covered, vehicle type, voltage type and technology type as referenced above.
The countries covered in the E-scooter/moped and E-motorcycle market report are U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
Asia-Pacific dominates the E-scooter/moped and E-motorcycle market due to rising demand for greener transportation along with several initiatives by private organizations as well as government, rising demand for environment friendly ride gas, increasing demand for eco-friendly transportation among population and increasing low cost of the lead acid battery in this region.
The country section of the E-scooter/moped and E-motorcycle market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and E-Scooter/Moped and E-Motorcycle Market Share Analysis
E-scooter/moped and E-motorcycle market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to E-scooter/moped and E-motorcycle market.
The major players covered in E-scooter/moped and E-motorcycle market report are Hero Electric, Vmoto Limited, The Electrotherm Group, Inc., Jiangsu Xinri E-Vehicle Co.,Ltd., Energica Motor Company, Piaggio & C. SpA, Niu International., Mahindra & Mahindra Ltd, H-D, AIMA TECHNOLOGY CO.,LTD, Avan Motors India, Čezeta, Dongguan Tailing Electric Vehicle Co., Ltd, GOVECS AG, Gogoro Inc., Johammer e-mobility GmbH, Zhejiang Luyuan Electric Vehicle Co.,Ltd., Zero Motorcycles, Inc., Okinawa Autotech Pvt. Ltd, Shandong Incalcu Electric Vehicle Co.,Ltd and Emflux Motors among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately..
Customization Available : Global E-Scooter/Moped and E-Motorcycle Market
Data Bridge Market Research is a leader in consulting and advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customised to include production cost analysis, trade route analysis, price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), import export and grey area results data, literature review, consumer analysis and product base analysis. Market analysis of target competitors can be analysed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Factbook) or can assist you in creating presentations from the data sets available in the report.