Electric Motorcycle Market - Global Industry Size, Share, Trends, Competition, Opportunity and Forecast, Segmented By Type, By Range, By Battery Capacity, By Battery Type, By Region & Competition, 2021-2031F

Description

The Global Electric Motorcycle Market is projected to expand from a value of USD 51.91 Billion in 2025 to USD 145.64 Billion by 2031, registering a Compound Annual Growth Rate (CAGR) of 18.76%. These vehicles, defined as two-wheeled transport powered by electric motors and rechargeable battery packs, offer a zero-emission substitute for internal combustion engine models. The industry is largely bolstered by government-led initiatives, such as stringent emission mandates and financial subsidies that reduce acquisition costs, alongside the growing economic appeal of electric mobility due to rising petrol prices. Highlighting the efficacy of these drivers, the Society of Indian Automobile Manufacturers reported that electric vehicles captured over 6% of total two-wheeler sales during the fiscal year 2024-25.

Market Overview
Forecast Period	2027-2031
Market Size 2025	USD 51.91 Billion
Market Size 2031	USD 145.64 Billion
CAGR 2026-2031	18.76%
Fastest Growing Segment	Standard
Largest Market	Asia Pacific

Despite these positive indicators, the market faces a substantial hurdle regarding the insufficiency of charging infrastructure in numerous areas. This gap intensifies range anxiety among prospective customers, thereby restricting the vehicle's practicality for extended travel and retarding mass adoption even amidst a supportive regulatory and economic climate. Consequently, the lack of adequate charging networks remains a critical bottleneck that limits the broader utility and commercial expansion of electric motorcycles.

Market Driver

The development of charging infrastructure and battery swapping networks is fundamentally transforming the Global Electric Motorcycle Market by resolving critical adoption issues like range anxiety and lengthy refueling periods. Swapping technology has become especially crucial for commercial fleets requiring high uptime, enabling operators to exchange empty batteries for fully charged units in seconds rather than hours. This operational efficiency is vital for the financial success of the battery-as-a-service model, as evidenced by Gogoro Inc.'s 'Fourth Quarter and Full Year 2024 Financial Results' from February 2025, which noted that their battery swapping service revenue hit $137.9 million in 2024. Such infrastructure progress boosts user confidence and facilitates wider vehicle deployment in dense urban settings.

Concurrently, favorable government policies and financial incentives act as the primary catalyst for mass market penetration, especially in price-sensitive developing nations. Legislators are expediting the transition away from internal combustion engines through direct purchase subsidies, tax breaks, and strict emission reduction goals. These regulatory actions have effectively focused demand in specific regions; according to the International Energy Agency's 'Global EV Outlook 2025' published in March 2025, China, India, and Southeast Asia comprised roughly 80% of global electric two-wheeler sales in 2024. Manufacturers are capitalizing on this support to increase production, with Hero MotoCorp reporting in a January 2025 press release that sales of its VIDA V1 electric scooter surpassed 46,662 units during the 2024 calendar year.

Market Challenge

The scarcity of charging infrastructure stands as a major obstacle hindering the widespread commercialization and acceptance of electric motorcycles. In contrast to traditional internal combustion engine vehicles that enjoy a pervasive refueling network, electric two-wheelers depend on charging points that are frequently unavailable, especially in non-urban areas. This deficit causes severe "range anxiety" for riders, given that electric motorcycles generally feature smaller battery capacities and shorter driving ranges than electric cars. As a result, the lack of reliable public charging stations confines these vehicles to short, predictable city commutes, making them unsuitable for long-distance journeys or inter-city logistics.

This functional constraint compels potential buyers to regard electric motorcycles as niche secondary vehicles rather than versatile primary transportation, thereby stalling mass market growth. The direct adverse effect of this hesitation is reflected in recent market data; according to the Motorcycle Industry Association (MCIA), new electric motorcycle registrations in the UK fell by 7.7% in 2024 compared to the prior year. Such figures underscore how infrastructure limitations continue to suppress demand and impede the sector's expansion, despite the presence of other favorable market conditions.

Market Trends

The integration of AI-enabled smart riding features is reshaping the sector by embedding intelligent operating systems that deliver predictive analytics, personalized controls, and improved safety. Manufacturers are advancing beyond basic telemetry to offer sophisticated capabilities like adaptive performance modes, real-time hazard detection, and over-the-air updates that continually refine vehicle behavior based on user habits. This technological evolution not only distinguishes products in a competitive market but also deepens customer engagement through connected ecosystems. Highlighting the extent of this integration, Ather Energy announced in a January 2025 press release that its fleet of smart electric scooters covered a cumulative 2.39 billion kilometers in 2024, yielding extensive data for further software optimization.

Simultaneously, the market is diversifying into high-performance and adventure segments, pivoting from strictly utilitarian urban commuting toward enthusiast-oriented electric mobility. Industry players are launching models with robust chassis designs, extended range, and superior torque to compete directly with large-displacement internal combustion engine motorcycles. This shift enables brands to secure higher margins and appeal to leisure riders who value speed and recreational capability. Illustrating the momentum in this premium category, LiveWire Group, Inc. reported in its 'Fourth Quarter and Full Year 2024 Financial Results' from February 2025 that unit sales of its electric motorcycles jumped by 138% in the fourth quarter of 2024 compared to the third quarter.

Key Market Players

Yadea Group
NIU Technologies
Hero Electric
Aima Technology
Energica Motor Company
Zero Motorcycles
Gogoro Inc.
TVS Motor Company
Honda Motor Co.
Ola Electric Mobility

Report Scope

In this report, the Global Electric Motorcycle Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Electric Motorcycle Market, By Type

Standard
Cruiser
Sports

Electric Motorcycle Market, By Range

Less than 50 Km
50-100 Km
101-150 Km
Above 150 Km

Electric Motorcycle Market, By Battery Capacity

<25 Ah
>25 Ah

Electric Motorcycle Market, By Battery Type

Lead Acid
Li-ion

Electric Motorcycle Market, By Region

North America
- United States
- Canada
- Mexico
Europe
- France
- United Kingdom
- Italy
- Germany
- Spain
Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
South America
- Brazil
- Argentina
- Colombia
Middle East & Africa
- South Africa
- Saudi Arabia
- UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Electric Motorcycle Market.

Available Customizations:

Global Electric Motorcycle Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

1. Product Overview

1.1. Market Definition
1.2. Scope of the Market
- 1.2.1. Markets Covered
- 1.2.2. Years Considered for Study
- 1.2.3. Key Market Segmentations

2. Research Methodology

2.1. Objective of the Study
2.2. Baseline Methodology
2.3. Key Industry Partners
2.4. Major Association and Secondary Sources
2.5. Forecasting Methodology
2.6. Data Triangulation & Validation
2.7. Assumptions and Limitations

3. Executive Summary

3.1. Overview of the Market
3.2. Overview of Key Market Segmentations
3.3. Overview of Key Market Players
3.4. Overview of Key Regions/Countries
3.5. Overview of Market Drivers, Challenges, Trends

4. Voice of Customer

5. Global Electric Motorcycle Market Outlook

5.1. Market Size & Forecast
- 5.1.1. By Value
5.2. Market Share & Forecast
- 5.2.1. By Type (Standard, Cruiser, Sports)
- 5.2.2. By Range (Less than 50 Km, 50-100 Km, 101-150 Km, Above 150 Km)
- 5.2.3. By Battery Capacity (<25 Ah, >25 Ah)
- 5.2.4. By Battery Type (Lead Acid, Li-ion)
- 5.2.5. By Region
- 5.2.6. By Company (2025)
5.3. Market Map

6. North America Electric Motorcycle Market Outlook

6.1. Market Size & Forecast
- 6.1.1. By Value
6.2. Market Share & Forecast
- 6.2.1. By Type
- 6.2.2. By Range
- 6.2.3. By Battery Capacity
- 6.2.4. By Battery Type
- 6.2.5. By Country
6.3. North America: Country Analysis
- 6.3.1. United States Electric Motorcycle Market Outlook
  - 6.3.1.1. Market Size & Forecast
    - 6.3.1.1.1. By Value
  - 6.3.1.2. Market Share & Forecast
    - 6.3.1.2.1. By Type
    - 6.3.1.2.2. By Range
    - 6.3.1.2.3. By Battery Capacity
    - 6.3.1.2.4. By Battery Type
- 6.3.2. Canada Electric Motorcycle Market Outlook
  - 6.3.2.1. Market Size & Forecast
    - 6.3.2.1.1. By Value
  - 6.3.2.2. Market Share & Forecast
    - 6.3.2.2.1. By Type
    - 6.3.2.2.2. By Range
    - 6.3.2.2.3. By Battery Capacity
    - 6.3.2.2.4. By Battery Type
- 6.3.3. Mexico Electric Motorcycle Market Outlook
  - 6.3.3.1. Market Size & Forecast
    - 6.3.3.1.1. By Value
  - 6.3.3.2. Market Share & Forecast
    - 6.3.3.2.1. By Type
    - 6.3.3.2.2. By Range
    - 6.3.3.2.3. By Battery Capacity
    - 6.3.3.2.4. By Battery Type

7. Europe Electric Motorcycle Market Outlook

7.1. Market Size & Forecast
- 7.1.1. By Value
7.2. Market Share & Forecast
- 7.2.1. By Type
- 7.2.2. By Range
- 7.2.3. By Battery Capacity
- 7.2.4. By Battery Type
- 7.2.5. By Country
7.3. Europe: Country Analysis
- 7.3.1. Germany Electric Motorcycle Market Outlook
  - 7.3.1.1. Market Size & Forecast
    - 7.3.1.1.1. By Value
  - 7.3.1.2. Market Share & Forecast
    - 7.3.1.2.1. By Type
    - 7.3.1.2.2. By Range
    - 7.3.1.2.3. By Battery Capacity
    - 7.3.1.2.4. By Battery Type
- 7.3.2. France Electric Motorcycle Market Outlook
  - 7.3.2.1. Market Size & Forecast
    - 7.3.2.1.1. By Value
  - 7.3.2.2. Market Share & Forecast
    - 7.3.2.2.1. By Type
    - 7.3.2.2.2. By Range
    - 7.3.2.2.3. By Battery Capacity
    - 7.3.2.2.4. By Battery Type
- 7.3.3. United Kingdom Electric Motorcycle Market Outlook
  - 7.3.3.1. Market Size & Forecast
    - 7.3.3.1.1. By Value
  - 7.3.3.2. Market Share & Forecast
    - 7.3.3.2.1. By Type
    - 7.3.3.2.2. By Range
    - 7.3.3.2.3. By Battery Capacity
    - 7.3.3.2.4. By Battery Type
- 7.3.4. Italy Electric Motorcycle Market Outlook
  - 7.3.4.1. Market Size & Forecast
    - 7.3.4.1.1. By Value
  - 7.3.4.2. Market Share & Forecast
    - 7.3.4.2.1. By Type
    - 7.3.4.2.2. By Range
    - 7.3.4.2.3. By Battery Capacity
    - 7.3.4.2.4. By Battery Type
- 7.3.5. Spain Electric Motorcycle Market Outlook
  - 7.3.5.1. Market Size & Forecast
    - 7.3.5.1.1. By Value
  - 7.3.5.2. Market Share & Forecast
    - 7.3.5.2.1. By Type
    - 7.3.5.2.2. By Range
    - 7.3.5.2.3. By Battery Capacity
    - 7.3.5.2.4. By Battery Type

8. Asia Pacific Electric Motorcycle Market Outlook

8.1. Market Size & Forecast
- 8.1.1. By Value
8.2. Market Share & Forecast
- 8.2.1. By Type
- 8.2.2. By Range
- 8.2.3. By Battery Capacity
- 8.2.4. By Battery Type
- 8.2.5. By Country
8.3. Asia Pacific: Country Analysis
- 8.3.1. China Electric Motorcycle Market Outlook
  - 8.3.1.1. Market Size & Forecast
    - 8.3.1.1.1. By Value
  - 8.3.1.2. Market Share & Forecast
    - 8.3.1.2.1. By Type
    - 8.3.1.2.2. By Range
    - 8.3.1.2.3. By Battery Capacity
    - 8.3.1.2.4. By Battery Type
- 8.3.2. India Electric Motorcycle Market Outlook
  - 8.3.2.1. Market Size & Forecast
    - 8.3.2.1.1. By Value
  - 8.3.2.2. Market Share & Forecast
    - 8.3.2.2.1. By Type
    - 8.3.2.2.2. By Range
    - 8.3.2.2.3. By Battery Capacity
    - 8.3.2.2.4. By Battery Type
- 8.3.3. Japan Electric Motorcycle Market Outlook
  - 8.3.3.1. Market Size & Forecast
    - 8.3.3.1.1. By Value
  - 8.3.3.2. Market Share & Forecast
    - 8.3.3.2.1. By Type
    - 8.3.3.2.2. By Range
    - 8.3.3.2.3. By Battery Capacity
    - 8.3.3.2.4. By Battery Type
- 8.3.4. South Korea Electric Motorcycle Market Outlook
  - 8.3.4.1. Market Size & Forecast
    - 8.3.4.1.1. By Value
  - 8.3.4.2. Market Share & Forecast
    - 8.3.4.2.1. By Type
    - 8.3.4.2.2. By Range
    - 8.3.4.2.3. By Battery Capacity
    - 8.3.4.2.4. By Battery Type
- 8.3.5. Australia Electric Motorcycle Market Outlook
  - 8.3.5.1. Market Size & Forecast
    - 8.3.5.1.1. By Value
  - 8.3.5.2. Market Share & Forecast
    - 8.3.5.2.1. By Type
    - 8.3.5.2.2. By Range
    - 8.3.5.2.3. By Battery Capacity
    - 8.3.5.2.4. By Battery Type

9. Middle East & Africa Electric Motorcycle Market Outlook

9.1. Market Size & Forecast
- 9.1.1. By Value
9.2. Market Share & Forecast
- 9.2.1. By Type
- 9.2.2. By Range
- 9.2.3. By Battery Capacity
- 9.2.4. By Battery Type
- 9.2.5. By Country
9.3. Middle East & Africa: Country Analysis
- 9.3.1. Saudi Arabia Electric Motorcycle Market Outlook
  - 9.3.1.1. Market Size & Forecast
    - 9.3.1.1.1. By Value
  - 9.3.1.2. Market Share & Forecast
    - 9.3.1.2.1. By Type
    - 9.3.1.2.2. By Range
    - 9.3.1.2.3. By Battery Capacity
    - 9.3.1.2.4. By Battery Type
- 9.3.2. UAE Electric Motorcycle Market Outlook
  - 9.3.2.1. Market Size & Forecast
    - 9.3.2.1.1. By Value
  - 9.3.2.2. Market Share & Forecast
    - 9.3.2.2.1. By Type
    - 9.3.2.2.2. By Range
    - 9.3.2.2.3. By Battery Capacity
    - 9.3.2.2.4. By Battery Type
- 9.3.3. South Africa Electric Motorcycle Market Outlook
  - 9.3.3.1. Market Size & Forecast
    - 9.3.3.1.1. By Value
  - 9.3.3.2. Market Share & Forecast
    - 9.3.3.2.1. By Type
    - 9.3.3.2.2. By Range
    - 9.3.3.2.3. By Battery Capacity
    - 9.3.3.2.4. By Battery Type

10. South America Electric Motorcycle Market Outlook

10.1. Market Size & Forecast
- 10.1.1. By Value
10.2. Market Share & Forecast
- 10.2.1. By Type
- 10.2.2. By Range
- 10.2.3. By Battery Capacity
- 10.2.4. By Battery Type
- 10.2.5. By Country
10.3. South America: Country Analysis
- 10.3.1. Brazil Electric Motorcycle Market Outlook
  - 10.3.1.1. Market Size & Forecast
    - 10.3.1.1.1. By Value
  - 10.3.1.2. Market Share & Forecast
    - 10.3.1.2.1. By Type
    - 10.3.1.2.2. By Range
    - 10.3.1.2.3. By Battery Capacity
    - 10.3.1.2.4. By Battery Type
- 10.3.2. Colombia Electric Motorcycle Market Outlook
  - 10.3.2.1. Market Size & Forecast
    - 10.3.2.1.1. By Value
  - 10.3.2.2. Market Share & Forecast
    - 10.3.2.2.1. By Type
    - 10.3.2.2.2. By Range
    - 10.3.2.2.3. By Battery Capacity
    - 10.3.2.2.4. By Battery Type
- 10.3.3. Argentina Electric Motorcycle Market Outlook
  - 10.3.3.1. Market Size & Forecast
    - 10.3.3.1.1. By Value
  - 10.3.3.2. Market Share & Forecast
    - 10.3.3.2.1. By Type
    - 10.3.3.2.2. By Range
    - 10.3.3.2.3. By Battery Capacity
    - 10.3.3.2.4. By Battery Type

11. Market Dynamics

11.1. Drivers
11.2. Challenges

12. Market Trends & Developments

12.1. Merger & Acquisition (If Any)
12.2. Product Launches (If Any)
12.3. Recent Developments

13. Global Electric Motorcycle Market: SWOT Analysis

14. Porter's Five Forces Analysis

14.1. Competition in the Industry
14.2. Potential of New Entrants
14.3. Power of Suppliers
14.4. Power of Customers
14.5. Threat of Substitute Products

15. Competitive Landscape

15.1. Yadea Group
- 15.1.1. Business Overview
- 15.1.2. Products & Services
- 15.1.3. Recent Developments
- 15.1.4. Key Personnel
- 15.1.5. SWOT Analysis
15.2. NIU Technologies
15.3. Hero Electric
15.4. Aima Technology
15.5. Energica Motor Company
15.6. Zero Motorcycles
15.7. Gogoro Inc.
15.8. TVS Motor Company
15.9. Honda Motor Co.
15.10. Ola Electric Mobility