Electric Scooter & Motorcycle Market by Vehicle, Capacity (75-100 Miles, Above 100 Miles, Below 75 Miles), Technology, Voltage, Usage

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The Electric Scooter & Motorcycle Market was valued at USD 5.05 billion in 2023, expected to reach USD 6.04 billion in 2024, and is projected to grow at a CAGR of 20.78%, to USD 18.94 billion by 2030.

The electric scooter and motorcycle market encapsulates a broad range of vehicles powered by electricity, serving as eco-friendly alternatives to traditional gasoline-powered two-wheelers. This market is driven by the necessity for sustainable transport solutions amidst escalating environmental concerns and volatile fuel prices. Key applications include urban commuting, leisure riding, and delivery services, with enhanced utility in densely populated cities due to their compact design and emission-free operation. End-use sectors span individuals, corporate fleets, and scooter-sharing platforms, all demanding increased efficiency and reduced carbon footprints. Market growth is primarily fueled by technological advancements in battery technology, decreasing battery costs, and favorable governmental policies promoting electrification. Rising urbanization, coupled with increasing consumer awareness of eco-friendly transportation, presents significant growth potential. Emerging opportunities lie in developing high-performance batteries, expanding charging infrastructure, and integrating smart technologies like IoT and AI for optimal vehicle performance and user experience. Additionally, the proliferation of e-commerce and food delivery services propels demand for electric two-wheelers, offering substantial growth prospects. Challenges include high initial purchase costs, limited range, and inadequate charging infrastructure, which may deter broader adoption. Concerns regarding battery disposal and recycling also pose environmental and regulatory challenges. Despite these limitations, the market's dynamic nature offers fertile ground for innovation, particularly in battery lifespan and energy efficiency. Electric vehicle manufacturers should focus on R&D partnerships to forge breakthroughs in energy storage and mobility solutions. Moreover, targeting markets with less stringent vehicle regulations or where air pollution is a critical issue can be beneficial. Staying attuned to consumer preferences and regulatory developments will provide companies with the agility to adapt and thrive. Overall, the electric scooter and motorcycle market is poised for substantial growth, driven by technological innovation and societal shifts towards sustainable transportation, with opportunities abundant for those willing to navigate the challenges.

KEY MARKET STATISTICS
Base Year [2023]	USD 5.05 billion
Estimated Year [2024]	USD 6.04 billion
Forecast Year [2030]	USD 18.94 billion
CAGR (%)	20.78%

Market Dynamics: Unveiling Key Market Insights in the Rapidly Evolving Electric Scooter & Motorcycle Market

The Electric Scooter & Motorcycle Market is undergoing transformative changes driven by a dynamic interplay of supply and demand factors. Understanding these evolving market dynamics prepares business organizations to make informed investment decisions, refine strategic decisions, and seize new opportunities. By gaining a comprehensive view of these trends, business organizations can mitigate various risks across political, geographic, technical, social, and economic domains while also gaining a clearer understanding of consumer behavior and its impact on manufacturing costs and purchasing trends.

Market Drivers
- Rise in the environmental concern for carbon emission
- Introduction of new battery technologies in scooters & motorcycles
- High adoption of electric scooters & motorcycles due to rising fuel prices
Market Restraints
- High initial cost of electric scooters & motorcycles
Market Opportunities
- Emerging trend of adapting e-mobility for short-distance travel
- Government regulatory bodies encouraging the adoption of eco-friendly vehicles
Market Challenges
- Shortage of charging infrastructure for electric scooters & motorcycles

Porter's Five Forces: A Strategic Tool for Navigating the Electric Scooter & Motorcycle Market

Porter's five forces framework is a critical tool for understanding the competitive landscape of the Electric Scooter & Motorcycle Market. It offers business organizations with a clear methodology for evaluating their competitive positioning and exploring strategic opportunities. This framework helps businesses assess the power dynamics within the market and determine the profitability of new ventures. With these insights, business organizations can leverage their strengths, address weaknesses, and avoid potential challenges, ensuring a more resilient market positioning.

PESTLE Analysis: Navigating External Influences in the Electric Scooter & Motorcycle Market

External macro-environmental factors play a pivotal role in shaping the performance dynamics of the Electric Scooter & Motorcycle Market. Political, Economic, Social, Technological, Legal, and Environmental factors analysis provides the necessary information to navigate these influences. By examining PESTLE factors, businesses can better understand potential risks and opportunities. This analysis enables business organizations to anticipate changes in regulations, consumer preferences, and economic trends, ensuring they are prepared to make proactive, forward-thinking decisions.

Market Share Analysis: Understanding the Competitive Landscape in the Electric Scooter & Motorcycle Market

A detailed market share analysis in the Electric Scooter & Motorcycle Market provides a comprehensive assessment of vendors' performance. Companies can identify their competitive positioning by comparing key metrics, including revenue, customer base, and growth rates. This analysis highlights market concentration, fragmentation, and trends in consolidation, offering vendors the insights required to make strategic decisions that enhance their position in an increasingly competitive landscape.

FPNV Positioning Matrix: Evaluating Vendors' Performance in the Electric Scooter & Motorcycle Market

The Forefront, Pathfinder, Niche, Vital (FPNV) Positioning Matrix is a critical tool for evaluating vendors within the Electric Scooter & Motorcycle Market. This matrix enables business organizations to make well-informed decisions that align with their goals by assessing vendors based on their business strategy and product satisfaction. The four quadrants provide a clear and precise segmentation of vendors, helping users identify the right partners and solutions that best fit their strategic objectives.

Strategy Analysis & Recommendation: Charting a Path to Success in the Electric Scooter & Motorcycle Market

A strategic analysis of the Electric Scooter & Motorcycle Market is essential for businesses looking to strengthen their global market presence. By reviewing key resources, capabilities, and performance indicators, business organizations can identify growth opportunities and work toward improvement. This approach helps businesses navigate challenges in the competitive landscape and ensures they are well-positioned to capitalize on newer opportunities and drive long-term success.

Key Company Profiles

The report delves into recent significant developments in the Electric Scooter & Motorcycle Market, highlighting leading vendors and their innovative profiles. These include AIMA Technology Group Co. Ltd., Askoll EVA S.p.A., Ather Energy Pvt. Ltd., Bayerische Motoren Werke AG, CAKE 0 Emission AB, Cezeta, Chetak Technology Limited by Baja Auto Ltd., Damon Motors Inc., Dongguan Tailing Electric Vehicle Co. Ltd., Energica Motor Company S.p.A., Gogoro Inc., Govecs Group, Greaves Electric Mobility Pvt. Ltd., Harley-Davidson, Inc., Hero Electric Vehicles Pvt. Ltd., Johammer e-mobility GmbH, Lightning Motors Corporation, Niu International Co. Ltd., Okinawa Autotech Internationall Pvt. Ltd., Piaggio Group, Revolt Intellicorp Private Limited, Terra Motors Corporation, TVS Motor Company, Ultraviolette Automotive Pvt Ltd., Urban Ecomobility, Vmoto Ltd., Yadea Technology Group Co., Ltd., Z Electric Vehicle Corporation, Zero Motorocycles, Inc., and Zhejiang Luyuan Electric Vehicle Co. Ltd..

Market Segmentation & Coverage

This research report categorizes the Electric Scooter & Motorcycle Market to forecast the revenues and analyze trends in each of the following sub-markets:

Based on Vehicle, market is studied across E-Motorcycle and E-Scooter/Moped.
Based on Capacity, market is studied across 75-100 Miles, Above 100 Miles, and Below 75 Miles.
Based on Technology, market is studied across Battery and Plug-In. The Battery is further studied across Lithium-Ion and Sealed Lead Acid.
Based on Voltage, market is studied across 36V, 48V, 52V, and 72V and Above.
Based on Usage, market is studied across Commercial Use and Private Use.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom.

The report offers a comprehensive analysis of the market, covering key focus areas:

1. Market Penetration: A detailed review of the current market environment, including extensive data from top industry players, evaluating their market reach and overall influence.

2. Market Development: Identifies growth opportunities in emerging markets and assesses expansion potential in established sectors, providing a strategic roadmap for future growth.

3. Market Diversification: Analyzes recent product launches, untapped geographic regions, major industry advancements, and strategic investments reshaping the market.

4. Competitive Assessment & Intelligence: Provides a thorough analysis of the competitive landscape, examining market share, business strategies, product portfolios, certifications, regulatory approvals, patent trends, and technological advancements of key players.

5. Product Development & Innovation: Highlights cutting-edge technologies, R&D activities, and product innovations expected to drive future market growth.

The report also answers critical questions to aid stakeholders in making informed decisions:

1. What is the current market size, and what is the forecasted growth?

2. Which products, segments, and regions offer the best investment opportunities?

3. What are the key technology trends and regulatory influences shaping the market?

4. How do leading vendors rank in terms of market share and competitive positioning?

5. What revenue sources and strategic opportunities drive vendors' market entry or exit strategies?

Product Code: MRR-EA6D0A205BB8

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Rise in the environmental concern for carbon emission
  - 5.1.1.2. Introduction of new battery technologies in scooters & motorcycles
  - 5.1.1.3. High adoption of electric scooters & motorcycles due to rising fuel prices
- 5.1.2. Restraints
  - 5.1.2.1. High initial cost of electric scooters & motorcycles
- 5.1.3. Opportunities
  - 5.1.3.1. Emerging trend of adapting e-mobility for short-distance travel
  - 5.1.3.2. Government regulatory bodies encouraging the adoption of eco-friendly vehicles
- 5.1.4. Challenges
  - 5.1.4.1. Shortage of charging infrastructure for electric scooters & motorcycles
5.2. Market Segmentation Analysis
5.3. Porter's Five Forces Analysis
- 5.3.1. Threat of New Entrants
- 5.3.2. Threat of Substitutes
- 5.3.3. Bargaining Power of Customers
- 5.3.4. Bargaining Power of Suppliers
- 5.3.5. Industry Rivalry
5.4. PESTLE Analysis
- 5.4.1. Political
- 5.4.2. Economic
- 5.4.3. Social
- 5.4.4. Technological
- 5.4.5. Legal
- 5.4.6. Environmental

6. Electric Scooter & Motorcycle Market, by Vehicle

6.1. Introduction
6.2. E-Motorcycle
6.3. E-Scooter/Moped

7. Electric Scooter & Motorcycle Market, by Capacity

7.1. Introduction
7.2. 75-100 Miles
7.3. Above 100 Miles
7.4. Below 75 Miles

8. Electric Scooter & Motorcycle Market, by Technology

8.1. Introduction
8.2. Battery
- 8.2.1. Lithium-Ion
- 8.2.2. Sealed Lead Acid
8.3. Plug-In

9. Electric Scooter & Motorcycle Market, by Voltage

9.1. Introduction
9.2. 36V
9.3. 48V
9.4. 52V
9.5. 72V and Above

10. Electric Scooter & Motorcycle Market, by Usage

10.1. Introduction
10.2. Commercial Use
10.3. Private Use

11. Americas Electric Scooter & Motorcycle Market

11.1. Introduction
11.2. Argentina
11.3. Brazil
11.4. Canada
11.5. Mexico
11.6. United States

12. Asia-Pacific Electric Scooter & Motorcycle Market

12.1. Introduction
12.2. Australia
12.3. China
12.4. India
12.5. Indonesia
12.6. Japan
12.7. Malaysia
12.8. Philippines
12.9. Singapore
12.10. South Korea
12.11. Taiwan
12.12. Thailand
12.13. Vietnam

13. Europe, Middle East & Africa Electric Scooter & Motorcycle Market

13.1. Introduction
13.2. Denmark
13.3. Egypt
13.4. Finland
13.5. France
13.6. Germany
13.7. Israel
13.8. Italy
13.9. Netherlands
13.10. Nigeria
13.11. Norway
13.12. Poland
13.13. Qatar
13.14. Russia
13.15. Saudi Arabia
13.16. South Africa
13.17. Spain
13.18. Sweden
13.19. Switzerland
13.20. Turkey
13.21. United Arab Emirates
13.22. United Kingdom

14. Competitive Landscape

14.1. Market Share Analysis, 2023
14.2. FPNV Positioning Matrix, 2023
14.3. Competitive Scenario Analysis
- 14.3.1. Zeus scooters acquires zipp mobility
- 14.3.2. One electric launches tailormade electric scooter for last mile delivery operations
- 14.3.3. e-Sprinto plans to launch 4 new high speed e-scooter
- 14.3.4. Hero motocorp, US-based zero motorcycles sign agreement to collaborate on premium 2 wheelers
- 14.3.5. Matter to launch its maiden electric motorcycle in India Today
- 14.3.6. Simple energy bags $20 mn to ramp up production of its E-scooter 'simple one'
- 14.3.7. Hero electric looks to raise nearly Rs 2,000 crore to drive expansion
- 14.3.8. Gogoro to start e-scooter production from Metalman Auto's Aurangabad plant in mid-2023
- 14.3.9. Roam & m-kopa sign major supply agreement for deployment of electric motorcycles in africa
- 14.3.10. Helbiz acquires wheels in micro-mobility merger
14.4. Strategy Analysis & Recommendation

Companies Mentioned

1. AIMA Technology Group Co. Ltd.
2. Askoll EVA S.p.A.
3. Ather Energy Pvt. Ltd.
4. Bayerische Motoren Werke AG
5. CAKE 0 Emission AB
6. Cezeta
7. Chetak Technology Limited by Baja Auto Ltd.
8. Damon Motors Inc.
9. Dongguan Tailing Electric Vehicle Co. Ltd.
10. Energica Motor Company S.p.A.
11. Gogoro Inc.
12. Govecs Group
13. Greaves Electric Mobility Pvt. Ltd.
14. Harley-Davidson, Inc.
15. Hero Electric Vehicles Pvt. Ltd.
16. Johammer e-mobility GmbH
17. Lightning Motors Corporation
18. Niu International Co. Ltd.
19. Okinawa Autotech Internationall Pvt. Ltd.
20. Piaggio Group
21. Revolt Intellicorp Private Limited
22. Terra Motors Corporation
23. TVS Motor Company
24. Ultraviolette Automotive Pvt Ltd.
25. Urban Ecomobility
26. Vmoto Ltd.
27. Yadea Technology Group Co., Ltd.
28. Z Electric Vehicle Corporation
29. Zero Motorocycles, Inc.
30. Zhejiang Luyuan Electric Vehicle Co. Ltd.