Electric Scooter & Motorcycle
Electric Scooter & Motorcycle Market by Vehicle (E-Motorcycle, E-Scooter/Moped), Capacity (75–100 Miles, Above 100 Miles, Below 75 Miles), Technology, Voltage, Usage - Global Forecast 2024-2030
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[180 Pages Report] The Electric Scooter & Motorcycle Market size was estimated at USD 5.05 billion in 2023 and expected to reach USD 6.04 billion in 2024, at a CAGR 20.78% to reach USD 18.94 billion by 2030.

Electric Scooter & Motorcycle Market
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Electric scooters & motorcycles are any two-wheeled vehicles that operate exclusively on electrical energy stored in the vehicle's batteries. The rechargeable battery-based electric scooter & motorcycles are in high demand owing to their zero-emission or environmental pollution. Additionally, the advancements to increase battery capacities and low operating costs of these vehicles are fostering the adoption of electric scooters & motorcycles. Moreover, the high initial cost associated with electric two-wheelers and the limited availability of charging infrastructures hampers electric scooters’ widespread adoption. However, financial aid from governments worldwide to adopt these eco-friendly vehicles is expected to raise the adoption of electric motorcycles & scooters. In addition, the trend of using electric motorcycles & scooters for short-distance traveling owing to their easy handling is emerging among consumers, increasing the scope for these electric vehicles in the future.

Regional Insights

The adoption of electric scooters & motorcycles is growing in the Americas owing to new government initiatives to achieve net-zero emissions. For instance, in February 2023, the U.S. government announced plans to build a national network of 500,000 electric vehicle chargers along America’s highways. Following the concern of rising carbon emissions, the European Union (EU) has announced to halve greenhouse gas (GHG) emissions by 2030 and reach net-zero emissions by 2050, which is expected to boost the adoption of electric scooters & motorcycles in the region. The market for electric scooters & motorcycles in APAC is expected to grow rapidly owing to the rising energy consumption, air pollution, and greenhouse gas emissions. Countries across South-East Asia, with support from the United Nations Environment Programme (UNEP), encourage people to trade for electric motorbikes. The countries in the APAC region are working on measures to spur the adoption of electric scooters & motorcycle manufacturing, consumer subsidies, and tax and insurance adjustments for electric vehicle owners.

Market Dynamics

The market dynamics represent an ever-changing landscape of the Electric Scooter & Motorcycle Market by providing actionable insights into factors, including supply and demand levels. Accounting for these factors helps design strategies, make investments, and formulate developments to capitalize on future opportunities. In addition, these factors assist in avoiding potential pitfalls related to political, geographical, technical, social, and economic conditions, highlighting consumer behaviors and influencing manufacturing costs and purchasing decisions.

  • 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
Market Disruption Analysis

The market disruption analysis delves into the core elements associated with market-influencing changes, including breakthrough technological advancements that introduce novel features, integration capabilities, regulatory shifts that could drive or restrain market growth, and the emergence of innovative market players challenging traditional paradigms. This analysis facilitates a competitive advantage by preparing players in the Electric Scooter & Motorcycle Market to pre-emptively adapt to these market-influencing changes, enhances risk management by early identification of threats, informs calculated investment decisions, and drives innovation toward areas with the highest demand in the Electric Scooter & Motorcycle Market.

Porter’s Five Forces Analysis

The porter's five forces analysis offers a simple and powerful tool for understanding, identifying, and analyzing the position, situation, and power of the businesses in the Electric Scooter & Motorcycle Market. This model is helpful for companies to understand the strength of their current competitive position and the position they are considering repositioning into. With a clear understanding of where power lies, businesses can take advantage of a situation of strength, improve weaknesses, and avoid taking wrong steps. The tool identifies whether new products, services, or companies have the potential to be profitable. In addition, it can be very informative when used to understand the balance of power in exceptional use cases.

Value Chain & Critical Path Analysis

The value chain of the Electric Scooter & Motorcycle Market encompasses all intermediate value addition activities, including raw materials used, product inception, and final delivery, aiding in identifying competitive advantages and improvement areas. Critical path analysis of the <> market identifies task sequences crucial for timely project completion, aiding resource allocation and bottleneck identification. Value chain and critical path analysis methods optimize efficiency, improve quality, enhance competitiveness, and increase profitability. Value chain analysis targets production inefficiencies, and critical path analysis ensures project timeliness. These analyses facilitate businesses in making informed decisions, responding to market demands swiftly, and achieving sustainable growth by optimizing operations and maximizing resource utilization.

Pricing Analysis

The pricing analysis comprehensively evaluates how a product or service is priced within the Electric Scooter & Motorcycle Market. This evaluation encompasses various factors that impact the price of a product, including production costs, competition, demand, customer value perception, and changing margins. An essential aspect of this analysis is understanding price elasticity, which measures how sensitive the market for a product is to its price change. It provides insight into competitive pricing strategies, enabling businesses to position their products advantageously in the Electric Scooter & Motorcycle Market.

Technology Analysis

The technology analysis involves evaluating the current and emerging technologies relevant to a specific industry or market. This analysis includes breakthrough trends across the value chain that directly define the future course of long-term profitability and overall advancement in the Electric Scooter & Motorcycle Market.

Patent Analysis

The patent analysis involves evaluating patent filing trends, assessing patent ownership, analyzing the legal status and compliance, and collecting competitive intelligence from patents within the Electric Scooter & Motorcycle Market and its parent industry. Analyzing the ownership of patents, assessing their legal status, and interpreting the patents to gather insights into competitors' technology strategies assist businesses in strategizing and optimizing product positioning and investment decisions.

Trade Analysis

The trade analysis of the Electric Scooter & Motorcycle Market explores the complex interplay of import and export activities, emphasizing the critical role played by key trading nations. This analysis identifies geographical discrepancies in trade flows, offering a deep insight into regional disparities to identify geographic areas suitable for market expansion. A detailed analysis of the regulatory landscape focuses on tariffs, taxes, and customs procedures that significantly determine international trade flows. This analysis is crucial for understanding the overarching legal framework that businesses must navigate.

Regulatory Framework Analysis

The regulatory framework analysis for the Electric Scooter & Motorcycle Market is essential for ensuring legal compliance, managing risks, shaping business strategies, fostering innovation, protecting consumers, accessing markets, maintaining reputation, and managing stakeholder relations. Regulatory frameworks shape business strategies and expansion initiatives, guiding informed decision-making processes. Furthermore, this analysis uncovers avenues for innovation within existing regulations or by advocating for regulatory changes to foster innovation.

FPNV Positioning Matrix

The FPNV positioning matrix is essential in evaluating the market positioning of the vendors in the Electric Scooter & Motorcycle Market. This matrix offers a comprehensive assessment of vendors, examining critical metrics related to business strategy and product satisfaction. This in-depth assessment empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success, namely Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The market share analysis is a comprehensive tool that provides an insightful and in-depth assessment of the current state of vendors in the Electric Scooter & Motorcycle Market. By meticulously comparing and analyzing vendor contributions, companies are offered a greater understanding of their performance and the challenges they face when competing for market share. These contributions include overall revenue, customer base, and other vital metrics. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With these illustrative details, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Recent Developments
  • Zeus scooters acquires zipp mobility

    The electric scooter and motorcycle market is rapidly growing, and Zeus Scooters and Zipp Mobilit have recently made headlines with their merger. With a focus on sustainability and efficiency, the combined companies aim to revolutionize urban transportation with their shared expertise and innovative technology. As more consumers turn to eco-friendly modes of transportation, the demand for electric scooters and motorcycles only continues to increase. The Zeus Scooters and Zipp Mobilit merger is a promising development in the industry, and their success highlights the importance of companies adapting to meet the evolving needs of consumers. [Published On: 2023-04-14]

  • One electric launches tailormade electric scooter for last mile delivery operations

    One Electric has just unveiled its new customizable electric scooter, designed specifically for last-mile delivery operations. As businesses continue to search for more efficient and eco-friendly delivery solutions, this tailored electric scooter could prove to be the ideal solution. With a range of color schemes and easily interchangeable parts, companies can now design a vehicle that perfectly represents their brand while delivering goods effortlessly. One Electric's focus on sustainability and innovation makes this electric scooter a wise investment for businesses in need of practical solutions for last-mile deliveries. [Published On: 2023-04-12]

  • e-Sprinto plans to launch 4 new high speed e-scooter

    E-Sprinto, a major player in the electric scooter and motorcycle market, has announced plans to unveil four new high-speed e-scooters in the near future. The company is known for its commitment to providing eco-friendly transportation solutions that cater to the needs of modern consumers. With the rise of electric vehicles, there has been a growing demand for sleek, stylish and high-performing e-scooters. E-Sprinto aims to meet this demand with its upcoming product releases. As a professional brand, E-Sprinto prides itself on delivering quality and innovation in every product it puts out in the market. [Published On: 2023-04-06]

Strategy Analysis & Recommendation

The strategic analysis is essential for organizations seeking a solid foothold in the global marketplace. Companies are better positioned to make informed decisions that align with their long-term aspirations by thoroughly evaluating their current standing in the Electric Scooter & Motorcycle Market. This critical assessment involves a thorough analysis of the organization’s resources, capabilities, and overall performance to identify its core strengths and areas for improvement.

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..

Electric Scooter & Motorcycle Market - Global Forecast 2024-2030
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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:

  • Vehicle
    • E-Motorcycle
    • E-Scooter/Moped
  • Capacity
    • 75–100 Miles
    • Above 100 Miles
    • Below 75 Miles
  • Technology
    • Battery
      • Lithium-Ion
      • Sealed Lead Acid
    • Plug-In
  • Voltage
    • 36V
    • 48V
    • 52V
    • 72V and Above
  • Usage
    • Commercial Use
    • Private Use

  • Region
    • Americas
      • Argentina
      • Brazil
      • Canada
      • Mexico
      • United States
        • California
        • Florida
        • Illinois
        • New York
        • Ohio
        • Pennsylvania
        • Texas
    • Asia-Pacific
      • Australia
      • China
      • India
      • Indonesia
      • Japan
      • Malaysia
      • Philippines
      • Singapore
      • South Korea
      • Taiwan
      • Thailand
      • Vietnam
    • Europe, Middle East & Africa
      • Denmark
      • Egypt
      • Finland
      • France
      • Germany
      • Israel
      • Italy
      • Netherlands
      • Nigeria
      • Norway
      • Poland
      • Qatar
      • Russia
      • Saudi Arabia
      • South Africa
      • Spain
      • Sweden
      • Switzerland
      • Turkey
      • United Arab Emirates
      • United Kingdom

This research report offers invaluable insights into various crucial aspects of the Electric Scooter & Motorcycle Market:

  1. Market Penetration: This section thoroughly overviews the current market landscape, incorporating detailed data from key industry players.
  2. Market Development: The report examines potential growth prospects in emerging markets and assesses expansion opportunities in mature segments.
  3. Market Diversification: This includes detailed information on recent product launches, untapped geographic regions, recent industry developments, and strategic investments.
  4. Competitive Assessment & Intelligence: An in-depth analysis of the competitive landscape is conducted, covering market share, strategic approaches, product range, certifications, regulatory approvals, patent analysis, technology developments, and advancements in the manufacturing capabilities of leading market players.
  5. Product Development & Innovation: This section offers insights into upcoming technologies, research and development efforts, and notable advancements in product innovation.

Additionally, the report addresses key questions to assist stakeholders in making informed decisions:

  1. What is the current market size and projected growth?
  2. Which products, segments, applications, and regions offer promising investment opportunities?
  3. What are the prevailing technology trends and regulatory frameworks?
  4. What is the market share and positioning of the leading vendors?
  5. What revenue sources and strategic opportunities do vendors in the market consider when deciding to enter or exit?

Table of Contents
  1. Preface
  2. Research Methodology
  3. Executive Summary
  4. Market Overview
  5. Market Insights
  6. Electric Scooter & Motorcycle Market, by Vehicle
  7. Electric Scooter & Motorcycle Market, by Capacity
  8. Electric Scooter & Motorcycle Market, by Technology
  9. Electric Scooter & Motorcycle Market, by Voltage
  10. Electric Scooter & Motorcycle Market, by Usage
  11. Americas Electric Scooter & Motorcycle Market
  12. Asia-Pacific Electric Scooter & Motorcycle Market
  13. Europe, Middle East & Africa Electric Scooter & Motorcycle Market
  14. Competitive Landscape
  15. Competitive Portfolio
  16. List of Figures [Total: 26]
  17. List of Tables [Total: 550]
  18. List of Companies Mentioned [Total: 30]
The Buzz About Electric Scooter Motorcycles: The Future of Short-Distance Travel
June 27, 2023
The Buzz About Electric Scooter Motorcycles: The Future of Short-Distance Travel
As our cities get bigger and more congested, the trend is moving toward adopting e-mobility for daily transportation, and more people nowadays are considering a shift to more sustainable means of travel. Electric Scooter Motorcycles, or ESM, have emerged as a new trend that has revolutionized the way we commute to work, run our daily errands, and explore our cities. This new and innovative e-mobility option has taken the world by storm, and for a good reason: they offer an unparalleled combination of affordability, convenience, and environmental sustainability.

As the name implies, an electric scooter motorcycle is a hybrid of two popular modes of transport, the scooter, and the motorcycle. ESMs are also very similar to electric bicycles, but they have a more powerful motor, higher speeds, and more range. ESMs have a top speed range of about 30-60 km/h and can travel as far as 80-120 km on a single charge. These impressive stats make them ideal for short commutes, running errands, or exploring your city, all while having minimal impact on the environment because they are powered by electricity.

An ESM usually weighs around 60-150 kg, making them much lighter than cars or regular motorcycles. These lightweight vehicles make maneuvering in crowded areas and finding parking spots a breeze. They also provide a more comfortable ride than bicycles or traditional scooters as they usually have a seat and better suspension.

One of the most appealing aspects of ESMs is their affordability. They are less expensive than cars or traditional motorbikes and require much less maintenance. Moreover, most countries offer incentives, tax exemptions, or other government incentives, making them even more affordable.

ESMs are also highly convenient. They are perfect for short commutes, running errands, or simply exploring your city. They do not require any special driving skills, and most people can learn to ride one within a few hours. Additionally, they can navigate through narrow streets and alleys, making them an ideal mode of transport for densely populated cities.

If you're still driving a gas-powered vehicle, an electric scooter motorcycle is worth giving a try. With their affordability, environmental sustainability, convenience, and the power to see and experience more of your city, you'll be on your way to a more sustainable and healthier planet.

Frequently Asked Questions
  1. How big is the Electric Scooter & Motorcycle Market?
    Ans. The Global Electric Scooter & Motorcycle Market size was estimated at USD 5.05 billion in 2023 and expected to reach USD 6.04 billion in 2024.
  2. What is the Electric Scooter & Motorcycle Market growth?
    Ans. The Global Electric Scooter & Motorcycle Market to grow USD 18.94 billion by 2030, at a CAGR of 20.78%
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