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PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1631688

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PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1631688

Global Electric Scooter Motor Market Size Study, by Vehicle, Positioning, Motor Type, and Regional Forecasts 2022-2032

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The Global Electric Scooter Motor Market, valued at approximately USD 8.91 billion in 2023, is projected to grow at a robust CAGR of 13.20% over the forecast period from 2024 to 2032. The escalating demand for sustainable urban mobility solutions is propelling the adoption of electric scooters worldwide. As the core component determining performance, efficiency, and reliability, electric scooter motors are experiencing heightened demand, prompting manufacturers to innovate and deliver eco-friendly transportation options that align with consumer expectations.

Key drivers fueling market expansion include rapid urbanization leading to congested cityscapes, necessitating compact and efficient modes of transportation. Governments globally are implementing supportive policies and incentives to encourage the adoption of electric vehicles, including scooters, to mitigate carbon emissions. Advancements in motor technologies, such as high-efficiency Permanent Magnet Synchronous Motors (PMSM) and Brushless DC (BLDC) motors, are enhancing performance and extending the range of electric scooters, thereby stimulating market growth.

Moreover, the integration of innovative features like regenerative braking systems and connected technologies is attracting a new segment of tech-savvy consumers. The market is witnessing a shift towards hub motors due to their compactness and ease of integration, though mid-drive motors remain preferred for higher performance applications. However, challenges such as limited range and the need for extensive charging infrastructure may impede growth if not adequately addressed.

Opportunities abound in emerging economies where urban populations are burgeoning, and two-wheelers are a primary mode of transportation. Manufacturers are focusing on developing cost-effective and energy-efficient motors to cater to price-sensitive markets. The diversification of drive types, including chain and belt drives, allows for customization to meet regional preferences. Collaborations between component suppliers and OEMs are fostering innovation and accelerating the time-to-market for new electric scooter models.

Regionally, Asia Pacific dominated the electric scooter motor market in 2023, driven by high demand in countries like China and India, where electric scooters are increasingly adopted due to their affordability and convenience. Europe is also witnessing significant growth, propelled by stringent environmental regulations and initiatives promoting green transportation. North America is expected to exhibit substantial growth during the forecast period, attributed to rising environmental awareness and technological advancements in electric mobility solutions.

Major market players included in this report are:

  • Nidec Corporation
  • Bosch Limited
  • TECO Electric & Machinery Co., Ltd.
  • Mitsuba Corporation
  • Robert Bosch GmbH
  • QS Motor
  • Yadea Group Holdings Ltd.
  • Zhejiang Jinlang Motor Co., Ltd.
  • Samsung SDI Co., Ltd.
  • LG Electronics Inc.
  • Hero Electric Vehicles Pvt. Ltd.
  • Mahindra GenZe
  • Ampere Vehicles Pvt. Ltd.
  • Terra Motors Corporation
  • VMoto Limited

The detailed segments and sub-segment of the market are explained below:

By Vehicle:

  • E-Scooter/Moped
  • E-Motorcycle

By Positioning:

  • Hub Motor
  • Mid Drive Motor

By Motor Power:

  • Less than 1 kW
  • 1-3 kW
  • Above 3 kW

By Drive Type:

  • Chain Drive
  • Belt Drive

By Motor Type:

  • Permanent Magnet Synchronous Motor (PMSM)
  • Brushless DC Motor (BLDC)

By Component:

  • Stator
  • Rotor
  • Controller
  • Others

By Region:

  • North America
  • U.S.
  • Canada
  • Europe
  • UK
  • Germany
  • France
  • Spain
  • Italy
  • Rest of Europe
  • Asia Pacific
  • China
  • India
  • Japan
  • Australia
  • South Korea
  • Rest of Asia Pacific
  • Latin America
  • Brazil
  • Mexico
  • Middle East & Africa
  • Saudi Arabia
  • South Africa
  • Rest of Middle East & Africa

Years considered for the study are as follows:

  • Historical Year: 2022
  • Base Year: 2023
  • Forecast Period: 2024-2032

Key Takeaways:

  • Market estimates and forecasts spanning a decade from 2022 to 2032.
  • Annualized revenue breakdowns and detailed regional analyses for each market segment.
  • Country-specific insights across major regions.
  • Competitive landscape analysis and detailed profiles of major players.
  • In-depth exploration of key business strategies and actionable recommendations for future market approaches.
  • Supply-side and demand-side evaluations to illuminate market dynamics.

Table of Contents

Chapter 1. Global Electric Scooter Motor Market Executive Summary

  • 1.1. Global Electric Scooter Motor Market Size & Forecast (2022-2032)
  • 1.2. Regional Summary
  • 1.3. Segmental Summary
    • 1.3.1. By Vehicle
    • 1.3.2. By Positioning
    • 1.3.3. By Motor Type
  • 1.4. Key Trends
  • 1.5. Recession Impact
  • 1.6. Analyst Recommendation & Conclusion

Chapter 2. Global Electric Scooter Motor Market Definition and Research Assumptions

  • 2.1. Research Objective
  • 2.2. Market Definition
  • 2.3. Research Assumptions
    • 2.3.1. Inclusion & Exclusion
    • 2.3.2. Limitations
    • 2.3.3. Supply Side Analysis
      • 2.3.3.1. Availability
      • 2.3.3.2. Infrastructure
      • 2.3.3.3. Regulatory Environment
      • 2.3.3.4. Market Competition
      • 2.3.3.5. Economic Viability (Consumer's Perspective)
    • 2.3.4. Demand Side Analysis
      • 2.3.4.1. Regulatory Frameworks
      • 2.3.4.2. Technological Advancements
      • 2.3.4.3. Environmental Considerations
      • 2.3.4.4. Consumer Awareness & Acceptance
  • 2.4. Estimation Methodology
  • 2.5. Years Considered for the Study
  • 2.6. Currency Conversion Rates

Chapter 3. Global Electric Scooter Motor Market Dynamics

  • 3.1. Market Drivers
    • 3.1.1. Escalating Demand for Sustainable Urban Mobility Solutions
    • 3.1.2. Government Policies and Incentives Promoting Electric Vehicles
    • 3.1.3. Advancements in Motor Technologies Enhancing Performance
  • 3.2. Market Challenges
    • 3.2.1. Limited Range and Need for Charging Infrastructure
    • 3.2.2. High Initial Costs
  • 3.3. Market Opportunities
    • 3.3.1. Growth Potential in Emerging Economies
    • 3.3.2. Development of Cost-Effective and Energy-Efficient Motors
    • 3.3.3. Customization through Diversification of Drive Types

Chapter 4. Global Electric Scooter Motor Market Industry Analysis

  • 4.1. Porter's Five Forces Model
    • 4.1.1. Bargaining Power of Suppliers
    • 4.1.2. Bargaining Power of Buyers
    • 4.1.3. Threat of New Entrants
    • 4.1.4. Threat of Substitutes
    • 4.1.5. Competitive Rivalry
    • 4.1.6. Futuristic Approach to Porter's Five Forces Model
    • 4.1.7. Porter's Five Forces Impact Analysis
  • 4.2. PESTEL Analysis
    • 4.2.1. Political
    • 4.2.2. Economical
    • 4.2.3. Social
    • 4.2.4. Technological
    • 4.2.5. Environmental
    • 4.2.6. Legal
  • 4.3. Top Investment Opportunities
  • 4.4. Top Winning Strategies
  • 4.5. Disruptive Trends
  • 4.6. Industry Expert Perspective
  • 4.7. Analyst Recommendation & Conclusion

Chapter 5. Global Electric Scooter Motor Market Size & Forecasts by Vehicle 2022-2032

  • 5.1. Segment Dashboard
  • 5.2. Global Electric Scooter Motor Market: Vehicle Revenue Trend Analysis, 2022 & 2032 (USD Billion)
    • 5.2.1. E-Scooter/Moped
    • 5.2.2. E-Motorcycle

Chapter 6. Global Electric Scooter Motor Market Size & Forecasts by Positioning 2022-2032

  • 6.1. Segment Dashboard
  • 6.2. Global Electric Scooter Motor Market: Positioning Revenue Trend Analysis, 2022 & 2032 (USD Billion)
    • 6.2.1. Hub Motor
    • 6.2.2. Mid Drive Motor

Chapter 7. Global Electric Scooter Motor Market Size & Forecasts by Motor Type 2022-2032

  • 7.1. Segment Dashboard
  • 7.2. Global Electric Scooter Motor Market: Motor Type Revenue Trend Analysis, 2022 & 2032 (USD Billion)
    • 7.2.1. Permanent Magnet Synchronous Motor (PMSM)
    • 7.2.2. Brushless DC Motor (BLDC)

Chapter 8. Global Electric Scooter Motor Market Size & Forecasts by Motor Power 2022-2032

  • 8.1. Segment Dashboard
  • 8.2. Global Electric Scooter Motor Market: Motor Power Revenue Trend Analysis, 2022 & 2032 (USD Billion)
    • 8.2.1. Less than 1 kW
    • 8.2.2. 1-3 kW
    • 8.2.3. Above 3 kW

Chapter 9. Global Electric Scooter Motor Market Size & Forecasts by Drive Type 2022-2032

  • 9.1. Segment Dashboard
  • 9.2. Global Electric Scooter Motor Market: Drive Type Revenue Trend Analysis, 2022 & 2032 (USD Billion)
    • 9.2.1. Chain Drive
    • 9.2.2. Belt Drive

Chapter 10. Global Electric Scooter Motor Market Size & Forecasts by Component 2022-2032

  • 10.1. Segment Dashboard
  • 10.2. Global Electric Scooter Motor Market: Component Revenue Trend Analysis, 2022 & 2032 (USD Billion)
    • 10.2.1. Stator
    • 10.2.2. Rotor
    • 10.2.3. Controller
    • 10.2.4. Others

Chapter 11. Global Electric Scooter Motor Market Size & Forecasts by Region 2022-2032

  • 11.1. North America Electric Scooter Motor Market
    • 11.1.1. U.S. Electric Scooter Motor Market
      • 11.1.1.1. Vehicle Breakdown Size & Forecasts, 2022-2032
      • 11.1.1.2. Positioning Breakdown Size & Forecasts, 2022-2032
      • 11.1.1.3. Motor Type Breakdown Size & Forecasts, 2022-2032
      • 11.1.1.4. Motor Power Breakdown Size & Forecasts, 2022-2032
      • 11.1.1.5. Drive Type Breakdown Size & Forecasts, 2022-2032
      • 11.1.1.6. Component Breakdown Size & Forecasts, 2022-2032
    • 11.1.2. Canada Electric Scooter Motor Market
      • 11.1.2.1. Vehicle Breakdown Size & Forecasts, 2022-2032
      • 11.1.2.2. Positioning Breakdown Size & Forecasts, 2022-2032
      • 11.1.2.3. Motor Type Breakdown Size & Forecasts, 2022-2032
      • 11.1.2.4. Motor Power Breakdown Size & Forecasts, 2022-2032
      • 11.1.2.5. Drive Type Breakdown Size & Forecasts, 2022-2032
      • 11.1.2.6. Component Breakdown Size & Forecasts, 2022-2032
  • 11.2. Europe Electric Scooter Motor Market
    • 11.2.1. UK Electric Scooter Motor Market
    • 11.2.2. Germany Electric Scooter Motor Market
    • 11.2.3. France Electric Scooter Motor Market
    • 11.2.4. Spain Electric Scooter Motor Market
    • 11.2.5. Italy Electric Scooter Motor Market
    • 11.2.6. Rest of Europe Electric Scooter Motor Market
  • 11.3. Asia-Pacific Electric Scooter Motor Market
    • 11.3.1. China Electric Scooter Motor Market
    • 11.3.2. India Electric Scooter Motor Market
    • 11.3.3. Japan Electric Scooter Motor Market
    • 11.3.4. Australia Electric Scooter Motor Market
    • 11.3.5. South Korea Electric Scooter Motor Market
    • 11.3.6. Rest of Asia-Pacific Electric Scooter Motor Market
  • 11.4. Latin America Electric Scooter Motor Market
    • 11.4.1. Brazil Electric Scooter Motor Market
    • 11.4.2. Mexico Electric Scooter Motor Market
    • 11.4.3. Rest of Latin America Electric Scooter Motor Market
  • 11.5. Middle East & Africa Electric Scooter Motor Market
    • 11.5.1. Saudi Arabia Electric Scooter Motor Market
    • 11.5.2. South Africa Electric Scooter Motor Market
    • 11.5.3. Rest of Middle East & Africa Electric Scooter Motor Market

Chapter 12. Competitive Intelligence

  • 12.1. Key Company SWOT Analysis
    • 12.1.1. Nidec Corporation
    • 12.1.2. Robert Bosch GmbH
    • 12.1.3. Yadea Group Holdings Ltd.
  • 12.2. Top Market Strategies
  • 12.3. Company Profiles
    • 12.3.1. Nidec Corporation
      • 12.3.1.1. Key Information
      • 12.3.1.2. Overview
      • 12.3.1.3. Financial (Subject to Data Availability)
      • 12.3.1.4. Product Summary
      • 12.3.1.5. Market Strategies
    • 12.3.2. Bosch Limited
    • 12.3.3. TECO Electric & Machinery Co., Ltd.
    • 12.3.4. Mitsuba Corporation
    • 12.3.5. QS Motor
    • 12.3.6. Zhejiang Jinlang Motor Co., Ltd.
    • 12.3.7. Samsung SDI Co., Ltd.
    • 12.3.8. LG Electronics Inc.
    • 12.3.9. Hero Electric Vehicles Pvt. Ltd.
    • 12.3.10. Mahindra GenZe
    • 12.3.11. Ampere Vehicles Pvt. Ltd.
    • 12.3.12. Terra Motors Corporation
    • 12.3.13. VMoto Limited

Chapter 13. Research Process

  • 13.1. Research Process
    • 13.1.1. Data Mining
    • 13.1.2. Analysis
    • 13.1.3. Market Estimation
    • 13.1.4. Validation
    • 13.1.5. Publishing
  • 13.2. Research Attributes
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