PUBLISHER: Allied Market Research | PRODUCT CODE: 1140118
PUBLISHER: Allied Market Research | PRODUCT CODE: 1140118
The report incorporates the study of the global electric scooter and motorcycle market that focuses on the type of electric vehicles and alternative fuels used in different vehicles. An electric motorcycle or scooter is a standard bike, which is equipped with an electric motor, a battery, and a drivetrain. It majorly uses lithium-ion & lead acid batteries and can cover long distances with a single charge. Electric motorcycles or scooters is simple to operate, convenient for all age groups, and serves as an environment-friendly means of transportation, in comparison to conventional motored vehicles. Electric motorcycles & scooters are now being considered as viable transportation option due to their power capacity, long distance range, and moderate speed. The popularity of electric mobility is increasing, due to rapid urbanization and surge in vehicular traffic on streets. For instance, in March 2022, Okinawa Autotech Pvt. Ltd. launched the Okhi 90 electric scooter in India. Priced around USD 1500 (INR 117,000), the scooter was offered with a 3.6kWh removable lithium-ion battery pack coupled with a 3.8kW electric motor and offered a maximum riding range of 160 km in the Sport mode and up to 200 km while in the Eco mode on a single charge.
The factors such as increasing government initiatives towards electric mobility, rising fuel prices, and consumer inclination toward use of e-bikes as an eco-friendly & efficient solution for commute supplement the growth of the electric scooter and motorcycle market. However, high initial cost of e-bikes and scooter and ban on use of e-bikes in major cities of China are the factors expected to hamper the growth of the electric scooter and motorcycle market. In addition, improvement in infrastructure and growing advancement in battery technology creates market opportunities for the key players operating in the electric scooter and motorcycle market.
For the purpose of analysis, the global electric scooter and motorcycle market is segmented on the basis of vehicle type, battery type, range, power, vehicle class, and usage. By vehicle type, the market is divided into E-scooter/moped and E-motorcycle. By battery type, it is fragmented into sealed lead acid, lithium-ion, and others. By range, it is categorized into less than 75 miles, 75 miles to 100 miles, and more than 100 miles. By power, it is further classified into less than 3kW, 3kW to 5kW, and more than 5kW. By vehicle class, it is fragmented into economy and luxury. By usage, it is categorized into commercial and private. By region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The leading players operating in the electric scooter and motorcycles market are AIMA Technology Group Co. Ltd., Dongguan Tailing Electric Vehicle Co., Ltd., Energica Motor Co SpA, Govecs AG, Greaves Electric Mobility Private Limited, Harley-Davidson, Hero Electric, Jiangsu Xinri E-Vehicle Co., Ltd, KTM AG, Lightning Motorcycles, Okinawa Autotech Pvt. Ltd., Piaggio & C. SpA, Terra motors, TVS Motor Co Ltd, Vmoto limited, Yadea Technology Group Co., Ltd., Zero Motorcycles, Inc.
Key Benefits For Stakeholders
Key Market Segments
By Vehicle Type
By Battery Type
By Range
By Power
By Vehicle Class
By Usage
By Region