Researchmoz added Most up-to-date research on “Electric Motorcycle and Scooter Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2019 – 2027” to its huge collection of research reports.
Electric Motorcycle and Scooter Market – Overview
Electric motorcycle or scooter is a two-wheeled vehicle powered by an electric motor, where electric power is stored in the form of a rechargeable battery. This battery drives and powers one or more electric motors in the two-wheeler vehicle.
Electric motorcycle and scooters are considerably quieter than traditional powered motorcycles and scooters
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Upsurge in vehicular pollution, especially from gasoline powered two-wheeler motorcycles and scooters, has led to an increase in the adoption of electric powered two-wheelers vehicle
High cost of the electric motorcycles and scooters are likely to hamper the growth of the market in the near future
This report analyzes and forecasts the market for electric motorcycle and scooter at the global and regional level. The market has been forecast based on value (US$ Mn) and volume (thousand units) from 2019 to 2027.
The study includes drivers and restraints of the global electric motorcycle and scooter market. It also covers the impact of these drivers and restraints on the demand for electric motorcycle and scooter during the forecast period. The report also highlights opportunities in the electric motorcycle and scooter market at the global and regional level.
The report comprises a detailed price trend analysis, government regulatory scenarios, value chain analysis, which provides a comprehensive view of the global electric motorcycle and scooter market. The Porter’s Five Forces model for the electric motorcycle and scooter market has also been included to help understand the competitive landscape in the market.
The study encompasses market attractiveness analysis, wherein end-users are benchmarked based on their market size, growth rate, and general attractiveness.
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Electric Motorcycle and Scooter Market: Key Segments
- Based on product, the global electric motorcycle and scooter market has been classified into scooter and motorcycle.
- Increasing demand for alternative fuel vehicles and rising demand for efficient, long-range (mileage), and less noisy vehicles are key factors that are projected to boost the electric two wheeler motor powered vehicle market in the near future.
- In terms of battery type, the global electric motorcycle and scooter market has been classified into sealed lead acid and lithium-ion. Increase in demand for large running capacity of the battery supplemented with longer life span and less maintenance have led to significant growth rate of the lithium-ion battery.
- Based on technology, the global electric motorcycle and scooter market has been categorized into plug-in and battery segment.
- The market size and forecast for each of these segments have been provided for the period from 2018 to 2027, along with their respective CAGRs for the forecast period from 2019 to 2027, considering 2018 as the base year.
Electric Motorcycle and Scooter Market: Regional Outlook
Geographically, the global electric motorcycle and scooter market has been segmented into five major regions: North America (the U.S. and Canada), Europe (the U.K., Germany, France, Spain, Italy, and Rest of Europe), Asia Pacific (China, India, Japan, ASEAN, and Rest of Asia Pacific), Latin America (Brazil, Mexico, and Rest of Latin America), and Middle East & Africa (GCC Countries, South Africa, and Rest of Middle East & Africa).
The market size and forecast for each of these regions and the mentioned countries have been provided for the period from 2018 to 2027, along with their respective CAGRs for the forecast period from 2019 to 2027, considering 2018 as the base year. The research study also covers the competitive scenario in these regions.
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Companies Mentioned in Report
The report also profiles the major players in the market in terms of attributes such as company overview, product overview, company financials, business strategies, and recent developments.
Key players operating in the electric motorcycle and scooter market include
AIMA, ALTA MOTORS, Aucma EV, BMW Motorrad, Bodo Vehicle Group, BYVIN, Electric Motor Sport, Inc., Emmelle, Energica Motor Company S.p.A., Evoke Electric Motorcycles, Fushida, Gamma Technologies, Govecs Group, Hero Eco, Honda Motors, KTM Sportmotorcycle GmbH, Lightning Motorcycle Corp., Lima Electric Vehicle Co. Ltd., Lito, Lvjia, Mahindra & Mahindra Ltd., Piaggio & C. SpA, Polaris Industries, Inc., Qianxi Group, Quantya, Shandong Incalu Electric Vehicle Co. Ltd., Shanghai Palla Electric Vehicle Co., Sinski Motorcycle, Slane, Sunra EV, Suzuki Motor Corporation, TAILG, Terra Motors Corporation, Tork Motors, Wuxi Yadea Export-Import Co.,Ltd., Yamaha Motor Corporation, YObykes, Z Electric Vehicle, Zero Motorcycles, Inc., Zhejian Luyuan Electric Vehicle Co. Ltd., Zuboo and so on.
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