Electric Scooter Market and Electric Motorcycle Market by Vehicle (E-Scooters/Mopeds & E-Motorcycles), Battery (Lead Acid & Li-Ion), Distance, Voltage (36V, 48V, 60V, 72V, Above 72V), Technology, Usage(Private, Commercial), Vehicle Class & Region - Global Forecast to 2027
[260 Pages Report] The global electric scooter market and electric motorcycle market is expected to account for 6,193 thousand units by 2027, growing at a CAGR of 33.1% during the forecast period. Factors such as favorable government policies, growing demand for energy-efficient commuting, rising concern for emission free vehicles, rising fuel prices have compelled two-wheeler OEMs to explore beyond the use of conventional internal combustion engines (ICE) in two-wheelers.
Asia Pacific is a high growth market for electric scooters and motorcycles. Several countries in the region witnessed a surge in demand for low-emission and fuel-efficient commuting alternatives due to stringent emission norms and increasing crude oil prices. For example, Hero Electric, a leading company in the Indian electric scooter and motorcycle market has a significant market share in the electric two-wheeler market segment in India and it reported a sale of 46,260 units in the financial year 2021 in India capturing 32% share of the market.
Multiple ride sharing platforms have also partnered in various countries across Europe such as The e-Cooltra sharing service.The company offers rental services in several European cities, as well as a food and document delivery service. The e-Cooltra company is currently one of the largest players in the electric scooter sharing service in Europe, operating in eight cities. Another important player is the German Coup-e Scooter Sharing. In February 2019, the company acquired 1,500 electric scooters and offers its service in Berlin, Paris and Madrid, totalling a fleet of 5,080 units.
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Market Dynamics:
Driver: Low operating and maintenance costs
One of the most important factors driving the electric scooter and motorcycle market is the increasing prices of petroleum products. The increasing price of petroleum products is the primary factor driving the electric scooter and motorcycle market. Consumers from emerging countries are already affected by the increased cost of petrol. Electrical two wheelers operating on electricity would reduce the operating cost and increase their efficiency than conventional vehicles. Electronic systems are more efficient and durable than mechanical models because they break less often due to less friction and less wear. As a result, electric two wheeler vehicles last longer and reduce the environmental impact compared to fuel-powered vehicles. Manufacturers are expected to develop electric scooters and motorcycles with a higher range than the current breed of electric two wheelers. Manufacturers are expected to develop electric scooters and motorcycles with a higher range than the current breed of electric two wheelers.
Restraint: Lack of charging infrastructure
One of the biggest hurdle in the growth of the electric scooter and motorcycle market would be the lack of charging infrastructure. Unlike developed countries, most of the emerging countries lack the necessary charging facilities. Manufacturers have started providing charging facilities of their own; however, they are not enough to make the charging process hassle-free. Manufacturers across the globe offer charging infrastructure solutions. For instance, ChargePoint (US) designs and builds all the technology for the charging network, including charging station hardware and power management software for a mobile application. ChargePoint also has charging stations for each type of electric vehicle, customizable according to demand. Similarly, iONEX Commercial (Taiwan) offers a range of charging solutions, including standard, fast, and battery switching A widespread and extensive charging infrastructure network is needed for users for the growth of the electric two-wheeler market and covers long distances without bothering about locating a charging station.
Opportunity: Decreasing Battery Prices
As per the pricing analysis of current electric scooters & motorcycles, batteries account for around
60%–70% of the total cost of an electric two-wheeler. Apart from this, the majority of the vehicles require the replacement of batteries after every 4 to 5 years of usage. Thus, battery cost is the most important factor in making electric scooters and motorcycles affordable in terms of maintenance and initial cost. As the majority of the OEMs are using lithium family batteries in their electric two-wheelers, the continuous fall in the lithium battery prices would make electric scooters and motorcycles much more affordable. The price of these batteries has drastically reduced from USD 684 in 2013 to USD 132 in 2021. As per the industry experts, the price of the lithium-ion battery is likely to fall below USD 100 per kWh. A fall in battery price is critical for larger adoption in the market that would create a huge opportunity for the OEMs, as more customers would be able to afford electric scooters & motorcycles.
Challenge: Incidents of battery overheating and fire
Lithium-ion batteries are lighter and more efficient than lead-acid batteries. However, the lithium-ion battery has raised certain concerns due to incidents of fire. Lithium-ion battery packs consist of hundreds of individual battery cells, which leads to a possibility of thermal runaway and battery fire. In this case, a positive feedback loop keeps the temperatures from rising in a single cell. However, in a worst-case scenario, the rise in pressure from the higher temperature leads to the cell splitting open and rapidly heating the surrounding cells. The hundreds of cells then have thermal runaway incidents that cause a fire. For instance, Ola S1 Pro electric scooter recently caught fire in India in March 2022. The company launched the model in August 2021 and is equipped with a lithium-ion battery with a power output of 2.98 kWh. Similarly, in India, an Okinawa iPraise+ e-scooter went up in flames in April 2022.
The E-Motorcycle segment is expected to be the fastest-growing segment during the forecast period
The e-motorcycle segment is the fastest-growing market. Earlier, manufacturers were focusing on developing e-scooters/mopeds as they have a design more suitable to incorporate the electric propulsion system. However, e-scooters/mopeds have range and performance constraints; also, they serve the limited purpose of short distance commuting only. With e-motorcycles, users could serve different purposes such as cruising, racing, off-roading, and commuting, which would increase their demand in the future.
The Asia Pacific market is projected to hold the largest share by 2027
With the increased production of electric two-wheelers and expansion of the charging facilities network, the Asia Pacific region is estimated to be the largest electric scooter and motorcycle market, with a share of 86% in 2022 by volume. The market growth in the region can also be attributed to the rising demand for energy-efficient commuting along with several initiatives by private organizations as well as governments. The rapidly growing economy of China is driving the expansion of the electric two wheelers to reduce pollution caused by ICE vehicles in the country.
The Indian government is taking initiatives such as FAME-II, offering subsidies and tax exemptions to buyers to promote electric two-wheelers in the country. The government has also extended the FAME II scheme for 2 years, applicable till March 31, 2024, which was previously launched from 2019 to March 31, 2022. Under this scheme, necessary charging infrastructure would also be set up for electric vehicles. Under this scheme, the government has also increased the subsidy incentives from Rs 10,000 per kWh to Rs 15,000 per kWh.
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Key Market Players
The global electric scooter and motorcycle market is dominated by major players such as Yadea Group Holdings Ltd. (China), Jiangsu Xinri E-Vehicle Co., Ltd. (China), NIU International (China), Silence Urban Ecomobility (Spain), Zhejiang Luyuan Electric Vehicle Co., Ltd (China) and Hero Electric (India). These companies offer extensive products and solutions for the electric two-wheeler industry; and have strong distribution networks at the global level, and they invest heavily in R&D to develop new products.
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|
Report Metric |
Details |
|
Market size available for years |
2017–2027 |
|
Base year considered |
2021 |
|
Forecast period |
2022-2027 |
|
Forecast units |
Volume (Thousand Units) |
|
Segments covered |
Vehicle Type, Battery, Distance Covered, Voltage, Technology, Vehicle Class Usage, and Region |
|
Geographies covered |
Asia Pacific, Europe, and North America |
|
Companies Covered |
Yadea Group Holdings Ltd. (China), Jiangsu Xinri E-Vehicle Co., Ltd. (China), NIU International (China), Silence Urban Ecomobility (Spain), and Hero Electric (India) |
This research report categorizes the electric scooter and motorcycle market based on vehicle type, battery, distance covered, technology, voltage, vehicle class, usage and region.
Based on the vehicle type:
- E-Scooter/Moped
- E-Motorcycle
Based on the battery type:
- Sealed lead acid
- Lithium-ion
Based on the distance covered:
- Below 75 miles
- 75-100 Miles
- Above 100 Miles
Based on the technology:
- Plug-in
- Battery
Based on the voltage:
- 36V
- 48V
- 60V
- 72V
- Above 72V
Based on the vehicle class:
- Economy
- Luxury
Based on the usage
- Commercial
- Private
Based on the region:
- Asia Pacific
- China
- India
- Japan
- South Korea
- Taiwan
- Indonesia
- Thailand
- North America
- US
- Canada
- Europe
- France
- Germany
- Italy
- Spain
- United Kingdom
- Austria
- Belgium
- Netherlands
- Poland
- Denmark
Recent Developments
- In January 2022 Yadea Group (China) adopted a newly developed in-wheel motor manufactured by Nidec Corporation (japan). Nidec has developed the in-wheel motor for electric motorcycles for the first time. The new in-wheel motor offers low-speed torque 18% higher and high-speed torque 5% higher than that of other motors in the same category. The small precision motor & solutions business unit has developed the in-wheel motor by utilizing the company’s technology for hard disc drive spindle motors. Nidec manufactures the new product in Pinghu, Zhejiang Province, China.
- In May 2021, Gogoro (Taiwan) announced a partnership with Dachangjiang Group (DCJ) and Yadea Group (China) to build a battery-swapping network in China. The DCJ and Yadea developed a range of two-wheel vehicles built for the Gogoro network battery swapping platform. Vehicles produced under this partnership used the Gogoro network program that gives vehicle maker partners the capability to merge their vehicle technology with Gogoro's intelligent drivetrains and controllers, components, and smart systems.
- In November 2021 The Yadea Group (China) launched Y1S, an all-around smart lithium e-moped for commercial use. The Y1S can be modified for bike-sharing, takeaway operations, logistics, and other applications.
- In September 2021 Hero Electric (India) expanded the capacity of its new production facility in Ludhiana (India) owing to the growing demand. The company ramped up its capacity from the existing 1 lakh vehicles to over 5 lakh units by Q2 2022.
- In July 2019, Yadea Group unveiled its Graphene batteries for electric two-wheelers. These batteries have a long life as well as faster charging options compared to most batteries being used globally.
- In May 2019, Vmoto announced that the company had signed an agreement with Italian motorcycle manufacturer Ducati Motor through its subsidiary, Vmoto International Limited, to launch two-wheeler electric vehicles CUX (special Ducati edition) under the license.
- In April 2019, Energica continued its expansion in the US. A new commercial agreement with Yamaha Suzuki Sports Plaza in Portland, Oregon, will now service the Pacific Northwest, a hotbed for electric vehicle adoption for both four- and two-wheelers.
Frequently Asked Questions (FAQ):
What are different countries covered in European region for electric scooter and motorcycle market?
The countries covered in report for electric scooter and motorcycle market are France, Germany, Italy, Spain, UK, Netherlands, Austria, Belgium, Denmark and Poland
Who are major players in the global electric scooter and motorcycle market?
Companies such as Yadea Group, Jiangsu Xinri E-Vehicle, NIU International, Silence, GOVECS, Hero Electric, Askoll, Zhejiang Luyuan Electric Vehicle, and Okinawa Autotech fall under the winners' category. These Companies focus on maintaining their strategic positions in the market by launching new and advanced products. They also focus on other organic and inorganic growth strategies that involve technology transfer, which help them garner the requisite know how by collaborating and partnering with various players and through acquisitions that help them gain a significant share in the market.
What is the Covid-19 impact on electric scooter and motorcycle manufacturers?
China was the epicenter of the COVID-19 outbreak initially, which meant that productions of leading manufacturers including Yadea, NIU, Jiangsu Xinri, and Luyuan were affected by the pandemic. For instance, For instance, NIU International suffered a significant loss due to the outbreak of COVID 19. Further, In 2021 there was slow growth for adoption of electric two wheelers due to second wave of lockdown in few countries such as India and UK. However, the impact of COVID-19 has subsided across major parts of the world, and the market estimated to demonstrate a healthy growth.
What are the new market trends impacting the growth of the electric scooter and motorcycle market?
Battery swapping, IoT in vehicles & charging infrastructure, regenerative braking, shared mobility, Solid-State Battery (SSB), and smart charging systems are the key market trends or technologies which will have a major impact on the electric scooter and motorcycle market in the future. Apart from that use of electric scooters is also being made for commercial deliveries. For instance, the postal services in Taiwan, Austria, and Spain, and Unipost (Spain) provide services using e-scooters.
What are the different batterries used in the electric scooter and motorcycle market?
As of 2021, most electric scooters and motorcycles are offered with lead acid batteries, one of the oldest types of batteries. However, two-wheeler manufacturers focus on new electric scooters and motorcycles with more advanced Li-ion batteries to overcome the disadvantages of lead acid batteries. The lithium-ion segment is projected to be the fastest-growing electric scooter and motorcycle market during the forecast period. Manufacturers are attempting to develop electric scooters and motorcycles equipped with advanced lithium-ion batteries. The limited lifecycle and usable capacity are likely to shift the focus from lead-acid batteries to lithium-ion batteries and drive the electric scooter and motorcycle market during the forecast period. .
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TABLE OF CONTENTS
1 INTRODUCTION (Page No. - 23)
1.1 OBJECTIVES OF STUDY
1.2 MARKET DEFINITION
1.2.1 ELECTRIC SCOOTER AND MOTORCYCLE MARKET DEFINITION, BY VEHICLE TYPE
1.2.2 ELECTRIC SCOOTER AND MOTORCYCLE MARKET DEFINITION, BY BATTERY TYPE
1.2.3 ELECTRIC SCOOTER AND MOTORCYCLE MARKET DEFINITION, BY TECHNOLOGY TYPE
1.2.4 ELECTRIC SCOOTER AND MOTORCYCLE MARKET DEFINITION, BY VEHICLE CLASS
1.2.5 ELECTRIC SCOOTER AND MOTORCYCLE MARKET DEFINITION, BY USAGE
1.3 INCLUSIONS & EXCLUSIONS
TABLE 1 INCLUSIONS & EXCLUSIONS FOR ELECTRIC SCOOTER AND MOTORCYCLE MARKET
1.4 MARKET SCOPE
FIGURE 1 ELECTRIC SCOOTER AND MOTORCYCLE MARKET SEGMENTATION
1.4.1 YEARS CONSIDERED FOR STUDY
1.5 PACKAGE SIZE
1.6 CURRENCY
1.7 STAKEHOLDERS
1.8 SUMMARY OF CHANGES
2 RESEARCH METHODOLOGY (Page No. - 30)
2.1 RESEARCH DATA
FIGURE 2 ELECTRIC SCOOTER AND MOTORCYCLE MARKET: RESEARCH DESIGN
FIGURE 3 RESEARCH METHODOLOGY MODEL
2.2 SECONDARY DATA
2.2.1 KEY SECONDARY SOURCES
2.2.2 KEY DATA FROM SECONDARY SOURCES
2.2.3 PRIMARY DATA
2.2.3.1 Key data from primary sources
2.2.3.2 List of participating companies for primary research
2.2.3.3 Key industry insights
FIGURE 4 BREAKDOWN OF PRIMARY INTERVIEWS BY COMPANY, DESIGNATION, AND REGION
2.2.4 LIST PRIMARY PARTICIPANTS
2.3 MARKET ESTIMATION METHODOLOGY
FIGURE 5 RESEARCH METHODOLOGY: HYPOTHESIS BUILDING
2.4 MARKET SIZE ESTIMATION
FIGURE 6 MARKET SIZE ESTIMATION: BOTTOM-UP APPROACH
2.5 FACTOR ANALYSIS
2.5.1 FACTOR ANALYSIS FOR MARKET SIZING: DEMAND- AND SUPPLY-SIDE
2.6 MARKET BREAKDOWN AND DATA TRIANGULATION
FIGURE 7 DATA TRIANGULATION
2.7 ASSUMPTIONS
2.8 RISK ASSESSMENT
2.9 RESEARCH LIMITATIONS
3 EXECUTIVE SUMMARY (Page No. - 44)
FIGURE 8 ELECTRIC SCOOTER AND MOTORCYCLE MARKET: MARKET OVERVIEW
FIGURE 9 ELECTRIC SCOOTERS/MOPEDS SEGMENT TO HAVE LARGEST MARKET SHARE, 2022 VS. 2027
FIGURE 10 ELECTRIC SCOOTER AND MOTORCYCLE MARKET (VOLUME), BY REGION, 2022–2027
4 PREMIUM INSIGHTS (Page No. - 48)
4.1 ATTRACTIVE OPPORTUNITIES IN ELECTRIC SCOOTER AND MOTORCYCLE MARKET
FIGURE 11 INCREASING DEMAND FOR EFFICIENT AND EMISSION-FREE COMMUTE TO DRIVE MARKET GROWTH
4.2 ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE
FIGURE 12 E-SCOOTERS/MOPEDS SEGMENT TO DOMINATE MARKET DURING FORECAST PERIOD (2022-2027) (THOUSAND UNITS)
4.3 ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY BATTERY TYPE
FIGURE 13 LITHIUM-ION TO BE FASTEST-GROWING SEGMENT, 2022 VS. 2027 (THOUSAND UNITS)
4.4 ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY DISTANCE COVERED
FIGURE 14 BELOW 75 MILES SEGMENT TO INFLUENCE LARGEST DEMAND, 2022 VS. 2027 (THOUSAND UNITS)
4.5 ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VOLTAGE
FIGURE 15 48V SEGMENT TO COMMAND HIGHEST MARKET DEMAND, 2022 VS. 2027 (THOUSAND UNITS)
4.6 ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY TECHNOLOGY
FIGURE 16 PLUG-IN TO DRIVE MARKET SEGMENT, 2022 VS. 2027 (THOUSAND UNITS)
4.7 ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE CLASS
FIGURE 17 ECONOMY SEGMENT TO LEAD MARKET, 2022 VS. 2027 (THOUSAND UNITS)
4.8 ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY USAGE
FIGURE 18 PRIVATE USE SEGMENT TO SHOW HIGHEST GROWTH, 2022 VS. 2027 (THOUSAND UNITS)
4.9 ELECTRIC SCOOTER AND MOTORCYCLE MARKET GROWTH RATE, BY REGION
FIGURE 19 ASIA PACIFIC PROJECTED TO BE LARGEST MARKET
5 MARKET OVERVIEW (Page No. - 53)
5.1 INTRODUCTION
TABLE 2 IMPACT OF MARKET DYNAMICS
5.2 MARKET DYNAMICS
FIGURE 20 ELECTRIC SCOOTER AND MOTORCYCLE MARKET DYNAMICS
5.2.1 DRIVERS
5.2.1.1 Low operating and maintenance costs
FIGURE 21 COST DISTANCE RATIO (ASKOLL)
5.2.1.2 Government incentives and subsidies
TABLE 3 COUNTRY-WISE GOVERNMENT INCENTIVES AND SUBSIDIES
5.2.1.3 Advancements in battery technologies
TABLE 4 SOME ELECTRIC SCOOTERS & MOTORCYCLES WITH SIGNIFICANT RANGE
5.2.2 RESTRAINTS
5.2.2.1 Lack of charging infrastructure
FIGURE 22 RATIO OF PUBLIC CHARGERS PER EV STOCK BY COUNTRY 2020
5.2.2.2 Lack of power output and limited range
TABLE 5 MODEL-WISE DRIVING RANGE OF ELECTRIC SCOOTERS AND MOTORCYCLES
5.2.3 OPPORTUNITIES
5.2.3.1 Government bodies backing electric two wheelers
TABLE 6 KEY INITIATIVES BY GOVERNMENT BODIES IN EMERGING MARKETS
5.2.3.2 Decreasing prices of batteries
FIGURE 23 LITHIUM-ION BATTERY PRICE TREND, 2011–2021 (USD/KWH)
5.2.3.3 New revenue pockets in Asia Pacific and Europe
5.2.4 CHALLENGES
5.2.4.1 Initial investments and high cost of electricity
TABLE 7 GLOBAL AVERAGE ELECTRICITY COST
5.2.4.2 Lack of compatibility, interchangeability, and standardization
5.2.4.3 Heating and burning of batteries
5.3 PORTER’S FIVE FORCES
FIGURE 24 PORTER’S FIVE FORCES: ELECTRIC SCOOTER AND MOTORCYCLE MARKET
TABLE 8 ELECTRIC SCOOTER AND MOTORCYCLE MARKET: IMPACT OF PORTERS FIVE FORCES
5.3.1 THREAT OF SUBSTITUTES
5.3.2 INTENSITY OF COMPETITIVE RIVALRY
5.3.3 BARGAINING POWER OF BUYERS
5.3.4 THREAT OF NEW ENTRANTS
5.3.5 BARGAINING POWER OF SUPPLIERS
5.4 MACROECONOMIC INDICATORS
5.4.1 GDP TRENDS AND FORECAST FOR MAJOR ECONOMIES
TABLE 9 GDP TRENDS AND FORECAST, BY MAJOR ECONOMIES, 2018–2026 (USD BILLION)
TABLE 10 REAL GDP GROWTH RATE (ANNUAL PERCENTAGE CHANGE AND FORECAST, BY MAJOR ECONOMIES, 2022–2026
TABLE 11 GDP PER CAPITA TRENDS AND FORECAST, BY MAJOR ECONOMIES, 2018–2026 (USD)
5.5 ELECTRIC SCOOTER AND MOTORCYCLE MARKET ECOSYSTEM
FIGURE 25 ELECTRIC SCOOTER AND MOTORCYCLE MARKET: ECOSYSTEM ANALYSIS
TABLE 12 ELECTRIC SCOOTER AND MOTORCYCLE MARKET: ROLE OF COMPANIES IN ECOSYSTEM
5.6 VALUE CHAIN ANALYSIS
FIGURE 26 VALUE CHAIN ANALYSIS: ELECTRIC SCOOTER AND MOTORCYCLE MARKET
5.7 PATENT ANALYSIS
TABLE 13 IMPORTANT PATENT REGISTRATIONS RELATED TO ELECTRIC SCOOTER AND MOTORCYCLE MARKET
FIGURE 27 GLOBALLY PUBLISHED PATENTS FOR ELECTRIC SCOOTER AND MOTORCYCLE MARKET (2017-2022)
5.8 CASE STUDY ANALYSIS
5.8.1 HERO ELECTRIC CASE STUDY
5.8.2 GENZE CASE STUDY
5.8.3 CASE STUDY ON OFFICIAL POSTAL SERVICE OF TAIWAN
5.9 ASP OF KEY PLAYERS
TABLE 14 ELECTRIC SCOOTERS AND MOTORCYCLES: PRICE RANGE ANALYSIS
TABLE 15 HERO ELECTRIC MODEL-WISE PRICING
TABLE 16 OKINAWA MODEL-WISE PRICING
TABLE 17 AMPERE MODEL-WISE PRICING
5.10 TECHNOLOGY ANALYSIS
5.10.1 BATTERY SWAPPING IN ELECTRIC SCOOTERS
5.10.2 IOT IN ELECTRIC TWO WHEELERS
5.10.3 REGENERATIVE BRAKING
5.10.4 SHARED MOBILITY
5.10.5 SOLID STATE BATTERY (SSB)
5.10.6 SMART CHARGING SYSTEM
5.11 SCENARIO ANALYSIS
FIGURE 28 FUTURE TRENDS AND SCENARIO: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, 2022–2027 (THOUSAND UNITS)
5.11.1 MOST LIKELY SCENARIO
TABLE 18 MOST LIKELY SCENARIO: ELECTRIC SCOOTER AND MOTORCYCLE MARKET SIZE, BY REGION, 2022–2027 (THOUSAND UNITS)
5.11.2 OPTIMISTIC SCENARIO
TABLE 19 OPTIMISTIC SCENARIO: ELECTRIC SCOOTER AND MOTORCYCLE MARKET SIZE, BY REGION, 2022–2027 (THOUSAND UNITS)
5.11.3 PESSIMISTIC SCENARIO
TABLE 20 PESSIMISTIC SCENARIO: ELECTRIC SCOOTER AND MOTORCYCLE MARKET SIZE, BY REGION, 2022–2027 (THOUSAND UNITS)
5.12 TRENDS AND DISRUPTIONS
FIGURE 29 TRENDS AND DISRUPTIONS
TABLE 21 IMPLICATIONS OF FUTURE HOTBEDS IN ELECTRIC SCOOTER AND MOTORCYCLE MARKET
5.13 KEY STAKEHOLDERS & BUYING CRITERIA
5.13.1 KEY STAKEHOLDERS IN BUYING PROCESS
TABLE 22 INFLUENCE OF INSTITUTIONAL BUYERS (COMMERCIAL USAGE) IN BUYING ELECTRIC SCOOTERS AND MOTORCYCLES
5.13.2 BUYING CRITERIA
5.13.2.1 Food delivery
5.13.2.2 Postal services
5.13.2.3 Municipal services
TABLE 23 KEY BUYING CRITERIA
5.14 REGULATORY OVERVIEW
TABLE 24 GLOBAL REGULATORY ENVIRONMENT
TABLE 25 CENTRAL AND STATE TAXES AND FEES IN INDIA FOR VEHICLES SELECTED
5.14.1 COUNTRY-WISE TARIFF AND REGULATORY OVERVIEW
5.14.1.1 India
5.14.1.2 China
5.14.1.3 France
5.14.1.4 Germany
5.14.1.5 Spain
5.14.1.6 Austria
5.14.1.7 US
5.15 KEY CONFERENCE & EVENTS IN 2022-2023
TABLE 26 ELECTRIC SCOOTERS AND MOTORCYCLE MARKET: DETAILED LIST OF CONFERENCES & EVENTS
5.16 LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 27 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES AND OTHER ORGANIZATIONS
TABLE 28 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 29 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
6 ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY BATTERY TYPE (Page No. - 95)
6.1 INTRODUCTION
FIGURE 30 LITHIUM-ION BATTERY SEGMENT PROJECTED TO COMMAND HIGHER CAGR DURING FORECAST PERIOD
TABLE 30 ELECTRIC SCOOTER AND MOTORCYCLE MARKET SIZE, BY BATTERY TYPE, 2017–2021 (THOUSAND UNITS)
TABLE 31 ELECTRIC SCOOTER AND MOTORCYCLE MARKET SIZE, BY BATTERY TYPE, 2022–2027 (THOUSAND UNITS)
6.1.1 OPERATIONAL DATA
TABLE 32 POPULAR E-SCOOTER/MOPED AND E-MOTORCYCLE MODELS AND THEIR BATTERIES
TABLE 33 ADVANTAGES AND DISADVANTAGES OF LEAD-ACID BATTERIES
TABLE 34 ADVANTAGES AND DISADVANTAGES OF LITHIUM-ION BATTERIES
6.1.2 ASSUMPTIONS
TABLE 35 ASSUMPTIONS, BY BATTERY TYPE
6.1.3 RESEARCH METHODOLOGY
6.2 SEALED LEAD ACID
6.2.1 LOW COST OF LEAD-ACID BATTERY TO BE MAIN DRIVER
TABLE 36 ELECTRIC SCOOTER AND MOTORCYCLE MARKET SIZE: SEALED LEAD ACID BATTERY, BY REGION, 2017–2021 (THOUSAND UNITS)
TABLE 37 ELECTRIC SCOOTER AND MOTORCYCLE MARKET SIZE: SEALED LEAD ACID BATTERY, BY REGION, 2022–2027 (THOUSAND UNITS)
6.3 LITHIUM-ION
6.3.1 ASIA PACIFIC TO LEAD LITHIUM-ION BATTERY SEGMENT DUE TO GROWING USAGE OF MODERN ELECTRIC TWO WHEELERS
TABLE 38 ELECTRIC SCOOTER AND MOTORCYCLE MARKET SIZE: LITHIUM-ION BATTERY, BY REGION, 2017–2021 (THOUSAND UNITS)
TABLE 39 ELECTRIC SCOOTER AND MOTORCYCLE MARKET SIZE: LITHIUM-ION BATTERY, BY REGION, 2022–2027 (THOUSAND UNITS)
6.4 NICKEL METAL HYDRIDE BATTERY
6.5 KEY PRIMARY INSIGHTS
7 ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY DISTANCE COVERED (Page No. - 103)
7.1 INTRODUCTION
FIGURE 31 ABOVE 100 MILES TO GROW AT HIGHER CAGR WITH TECHNOLOGICAL ADVANCEMENTS IN TWO WHEELERS
TABLE 40 ELECTRIC SCOOTER AND MOTORCYCLE MARKET SIZE, BY DISTANCE COVERED, 2017–2021 (THOUSAND UNITS)
TABLE 41 ELECTRIC SCOOTER AND MOTORCYCLE MARKET SIZE, BY DISTANCE COVERED, 2022–2027 (THOUSAND UNITS)
7.1.1 OPERATIONAL DATA
TABLE 42 POPULAR E-SCOOTER/MOPED AND E-MOTORCYCLE MODELS WITH RANGE
7.1.2 ASSUMPTIONS
TABLE 43 ASSUMPTIONS, BY DISTANCE COVERED
7.1.3 RESEARCH METHODOLOGY
7.2 BELOW 75 MILES
7.2.1 ASIA PACIFIC DOMINATED BY ELECTRIC SCOOTERS/MOPEDS WITH BELOW 75 MILES RANGE
TABLE 44 ELECTRIC SCOOTER AND MOTORCYCLE MARKET SIZE FOR BELOW 75 MILES, BY REGION, 2017–2021(THOUSAND UNITS)
TABLE 45 ELECTRIC SCOOTER AND MOTORCYCLE MARKET SIZE FOR BELOW 75 MILES, BY REGION, 2022–2027 (THOUSAND UNITS)
7.3 75–100 MILES
7.3.1 IMPROVED BATTERY PERFORMANCE TO ENHANCE RANGE OF ELECTRIC TWO WHEELERS
TABLE 46 ELECTRIC SCOOTER AND MOTORCYCLE MARKET SIZE FOR 75–100 MILES, BY REGION, 2017–2021 (THOUSAND UNITS)
TABLE 47 ELECTRIC SCOOTER AND MOTORCYCLE MARKET SIZE FOR 75–100 MILES, BY REGION, 2022–2027 (THOUSAND UNITS)
7.4 ABOVE 100 MILES
7.4.1 INNOVATION IN BATTERY TECHNOLOGIES TO BOOST DEMAND FOR HIGH RANGE ELECTRIC SCOOTERS AND MOTORCYCLES
TABLE 48 ELECTRIC SCOOTER AND MOTORCYCLE MARKET SIZE FOR ABOVE 100 MILES, BY REGION, 2017–2021 (THOUSAND UNITS)
TABLE 49 ELECTRIC SCOOTER AND MOTORCYCLE MARKET SIZE FOR ABOVE 100 MILES, BY REGION, 2022–2027 (THOUSAND UNITS)
7.5 KEY PRIMARY INSIGHTS
8 ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VOLTAGE TYPE (Page No. - 111)
8.1 INTRODUCTION
FIGURE 32 60V SEGMENT TO HAVE HIGHER GROWTH DUE TO INCREASED DEMAND FOR PERFORMANCE ELECTRIC TWO WHEELERS (2022–2027)
TABLE 50 ELECTRIC SCOOTER AND MOTORCYCLE MARKET SIZE, BY VOLTAGE TYPE, 2017–2021 (THOUSAND UNITS)
TABLE 51 ELECTRIC SCOOTER AND MOTORCYCLE MARKET SIZE, BY VOLTAGE TYPE, 2022–2027 (THOUSAND UNITS)
8.1.1 OPERATIONAL DATA
TABLE 52 POPULAR E-SCOOTER/MOPED AND E-MOTORCYCLE MODELS AND BATTERY VOLTAGE CAPACITIES
8.1.2 ASSUMPTIONS
TABLE 53 ASSUMPTIONS, BY VOLTAGE TYPE
8.1.3 RESEARCH METHODOLOGY
8.2 36V
8.2.1 INCREASE IN DEMAND FOR ENERGY-EFFICIENT DAILY COMMUTING TO BOOST ELECTRIC SCOOTER AND MOTORCYCLE MARKET
TABLE 54 36V ELECTRIC SCOOTER AND MOTORCYCLE MARKET SIZE, BY REGION, 2017–2021 (THOUSAND UNITS)
TABLE 55 36V ELECTRIC SCOOTER AND MOTORCYCLE MARKET SIZE, BY REGION, 2022–2027 (THOUSAND UNITS)
8.3 48V
8.3.1 MORE PRACTICAL USAGE OF 48V BATTERY THAN 36V TO DRIVE SEGMENT IN FUTURE
TABLE 56 48V ELECTRIC SCOOTER AND MOTORCYCLE MARKET SIZE, BY REGION, 2017–2021 (THOUSAND UNITS)
TABLE 57 48V ELECTRIC SCOOTER AND MOTORCYCLE MARKET SIZE, BY REGION, 2022–2027 (THOUSAND UNITS)
8.4 60V
8.4.1 MANUFACTURERS RECOGNIZED NEED FOR OPTIMUM PERFORMANCE AND ENHANCED RANGE
TABLE 58 60V ELECTRIC SCOOTER AND MOTORCYCLE MARKET SIZE, BY REGION, 2017–2021 (THOUSAND UNITS)
TABLE 59 60V ELECTRIC SCOOTER AND MOTORCYCLE MARKET SIZE, BY REGION, 2022–2027 (THOUSAND UNITS)
8.5 72V
8.5.1 RECENT DEVELOPMENTS IN BATTERIES AND GROWING DEMAND FOR PERFORMANCE TO CHANGE SCENARIO IN FUTURE
TABLE 60 72V ELECTRIC SCOOTER AND MOTORCYCLE MARKET SIZE, BY REGION, 2017–2021 (THOUSAND UNITS)
TABLE 61 72V ELECTRIC SCOOTER AND MOTORCYCLE MARKET SIZE, BY REGION, 2022–2027 (THOUSAND UNITS)
8.6 ABOVE 72V
8.6.1 ADVANCEMENT IN BATTERY TECHNOLOGIES FOR HIGH PERFORMANCE MOTORCYCLE WOULD BOOST MARKET SEGMENT
8.7 KEY PRIMARY INSIGHTS
9 ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY TECHNOLOGY TYPE (Page No. - 120)
9.1 INTRODUCTION
FIGURE 33 PLUG-IN SEGMENT TO GROW AT HIGHER CAGR DURING FORECAST PERIOD (2022–2027)
TABLE 62 ELECTRIC SCOOTER AND MOTORCYCLE MARKET SIZE, BY TECHNOLOGY TYPE, 2017–2021 (THOUSAND UNITS)
TABLE 63 ELECTRIC SCOOTER AND MOTORCYCLE MARKET SIZE, BY TECHNOLOGY TYPE, 2022–2027 (THOUSAND UNITS)
9.1.1 OPERATIONAL DATA
TABLE 64 POPULAR E-SCOOTER/MOPED AND E-MOTORCYCLE MODELS
9.1.2 ASSUMPTIONS
TABLE 65 ASSUMPTIONS, BY TECHNOLOGY TYPE
9.1.3 RESEARCH METHODOLOGY
9.2 PLUG-IN
9.2.1 MANUFACTURERS HAVE STARTED PROVIDING FAST-CHARGING STATIONS FOR PLUG-IN ELECTRIC TWO-WHEELERS
TABLE 66 PLUG-IN ELECTRIC SCOOTER AND MOTORCYCLE MARKET SIZE, BY REGION, 2017–2021 (THOUSAND UNITS)
TABLE 67 PLUG-IN ELECTRIC SCOOTER AND MOTORCYCLE MARKET SIZE, BY REGION, 2022–2027 (THOUSAND UNITS)
9.3 BATTERY
9.3.1 ADVANCEMENTS IN BATTERY TO BOOST SEGMENT IN FUTURE
TABLE 68 BATTERY-POWERED ELECTRIC SCOOTER AND MOTORCYCLE MARKET SIZE, BY REGION, 2017–2021 (THOUSAND UNITS)
TABLE 69 BATTERY-POWERED ELECTRIC SCOOTER AND MOTORCYCLE MARKET SIZE, BY REGION, 2022–2027 (THOUSAND UNITS)
9.4 KEY PRIMARY INSIGHTS
10 ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE CLASS (Page No. - 127)
10.1 INTRODUCTION
FIGURE 34 LUXURY SEGMENT TO GROW AT HIGHER CAGR BETWEEN 2022 & 2027 (THOUSAND UNITS)
TABLE 70 ELECTRIC SCOOTER AND MOTORCYCLE MARKET SIZE, BY VEHICLE CLASS, 2017–2021 (THOUSAND UNITS)
TABLE 71 ELECTRIC SCOOTER AND MOTORCYCLE MARKET SIZE, BY VEHICLE CLASS, 2022–2027 (THOUSAND UNITS)
10.1.1 OPERATIONAL DATA
TABLE 72 E-SCOOTER/MOPED AND E-MOTORCYCLE MODELS WORLDWIDE
10.1.2 ASSUMPTIONS
TABLE 73 ASSUMPTIONS, BY VEHICLE CLASS
10.1.3 RESEARCH METHODOLOGY
10.2 ECONOMY CLASS
10.2.1 INCREASED SALES OF ECONOMY CLASS VEHICLES WOULD DRIVE SEGMENT
TABLE 74 ECONOMY CLASS: ELECTRIC SCOOTER AND MOTORCYCLE MARKET SIZE, BY REGION, 2017–2021 (THOUSAND UNITS)
TABLE 75 ECONOMY CLASS: ELECTRIC SCOOTER AND MOTORCYCLE MARKET SIZE, BY REGION, 2022–2027 (THOUSAND UNITS)
10.3 LUXURY/PREMIUM CLASS
10.3.1 ADOPTION OF LUXURY CLASS VEHICLES WOULD DRIVE SEGMENT IN FUTURE
TABLE 76 LUXURY CLASS: ELECTRIC SCOOTER AND MOTORCYCLE MARKET SIZE, BY REGION, 2017–2021 (THOUSAND UNITS)
TABLE 77 LUXURY CLASS: ELECTRIC SCOOTER AND MOTORCYCLE MARKET SIZE, BY REGION, 2022–2027 (THOUSAND UNITS)
10.4 KEY PRIMARY INSIGHTS
11 ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY USAGE (Page No. - 134)
11.1 INTRODUCTION
FIGURE 35 PRIVATE USE SEGMENT TO GROW AT HIGHER CAGR DURING FORECAST PERIOD (2022–2027)
TABLE 78 ELECTRIC SCOOTER AND MOTORCYCLE MARKET SIZE, BY USAGE TYPE, 2017–2021 (THOUSAND UNITS)
TABLE 79 ELECTRIC SCOOTER AND MOTORCYCLE MARKET SIZE, BY USAGE TYPE, 2022–2027 (THOUSAND UNITS)
11.1.1 OPERATIONAL DATA
TABLE 80 POPULAR E-SCOOTER/MOPED AND E-MOTORCYCLE MODELS BY USAGE
11.1.2 ASSUMPTIONS
TABLE 81 ASSUMPTIONS, BY USAGE
11.1.3 RESEARCH METHODOLOGY
11.2 PRIVATE USE
11.2.1 SHIFT FROM ICE TWO WHEELER TOWARD ELECTRIC SCOOTER FOR PERSONAL USE WOULD BOOST MARKET
11.3 COMMERCIAL USE
11.3.1 CHANGE TOWARD EMISSION FREE FLEETS BY COMPANIES WOULD DRIVE SEGMENT IN FUTURE
11.4 KEY PRIMARY INSIGHTS
12 ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE (Page No. - 139)
12.1 INTRODUCTION
FIGURE 36 ELECTRIC MOTORCYCLE SEGMENT TO GROW AT HIGHER CAGR DURING FORECAST PERIOD
TABLE 82 ELECTRIC SCOOTER AND MOTORCYCLE MARKET SIZE, BY VEHICLE TYPE, 2017–2021 (THOUSAND UNITS)
TABLE 83 ELECTRIC SCOOTER AND MOTORCYCLE MARKET SIZE, BY VEHICLE TYPE, 2022–2027 (THOUSAND UNITS)
12.1.1 OPERATIONAL DATA
TABLE 84 POPULAR E-SCOOTER/MOPED AND E-MOTORCYCLE MODELS WORLDWIDE
TABLE 85 MANUFACTURING CAPACITY AND PLANNED CAPACITY EXPANSION OF ELECTRIC SCOOTERS AND MOTORCYCLES IN INDIA
12.1.2 ASSUMPTIONS
TABLE 86 ASSUMPTIONS, BY VEHICLE TYPE
12.1.3 RESEARCH METHODOLOGY
12.2 E-SCOOTERS/MOPEDS
12.2.1 RISE IN DEMAND FOR ENERGY-EFFICIENT MODES OF COMMUTING TO BOOST MARKET
TABLE 87 E-SCOOTER/MOPED MARKET SIZE, BY REGION, 2017–2021 (THOUSAND UNITS)
TABLE 88 E-SCOOTER/MOPED MARKET SIZE, BY REGION, 2022–2027 (THOUSAND UNITS)
12.3 E-MOTORCYCLE
12.3.1 INCREASE IN DEMAND FOR PERFORMANCE ELECTRIC TWO WHEELERS TO DRIVE E-MOTORCYCLE SEGMENT
TABLE 89 E-MOTORCYCLE MARKET SIZE, BY REGION, 2017–2021 (THOUSAND UNITS)
TABLE 90 E-MOTORCYCLE MARKET SIZE, BY REGION, 2022–2027 (THOUSAND UNITS)
12.4 KEY PRIMARY INSIGHTS
13 ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY REGION (Page No. - 149)
13.1 INTRODUCTION
FIGURE 37 ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY REGION, 2022 VS. 2027
TABLE 91 ELECTRIC SCOOTER AND MOTORCYCLE MARKET ,BY REGION, 2017–2021 (THOUSAND UNITS)
TABLE 92 ELECTRIC SCOOTER AND MOTORCYCLE MARKET ,BY REGION, 2022–2027 (THOUSAND UNITS)
13.2 ASIA PACIFIC
FIGURE 38 ASIA PACIFIC: ELECTRIC SCOOTER AND MOTORCYCLE MARKET SNAPSHOT
TABLE 93 ASIA PACIFIC: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY COUNTRY, 2017–2021 (THOUSAND UNITS)
TABLE 94 ASIA PACIFIC: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY COUNTRY, 2022–2027 (THOUSAND UNITS)
13.2.1 CHINA
13.2.1.1 China to be largest market for e-scooter/moped globally
TABLE 95 CHINA: ELECTRIC SCOOTER AND MOTORCYCLE MARKET SIZE, BY VEHICLE TYPE, 2017–2021 (UNITS)
TABLE 96 CHINA: ELECTRIC SCOOTER AND MOTORCYCLE MARKET SIZE, BY VEHICLE TYPE, 2022–2027 (UNITS)
13.2.2 JAPAN
13.2.2.1 Renowned manufacturers to develop advanced electric two wheelers in Japan
TABLE 97 JAPAN: ELECTRIC SCOOTER AND MOTORCYCLE MARKET SIZE, BY VEHICLE TYPE, 2017–2021 (UNITS)
TABLE 98 JAPAN: ELECTRIC SCOOTER AND MOTORCYCLE MARKET SIZE, BY VEHICLE TYPE, 2022–2027 (UNITS)
13.2.3 INDIA
TABLE 99 OEM SALES DATA FOR INDIA, 2021
TABLE 100 KEY PLANNED INVESTMENTS IN INDIA BATTERY MANUFACTURING SPACE, 2022
13.2.3.1 Shift of focus from ice two wheelers to electric two wheelers to reduce pollution in India
TABLE 101 INDIA: ELECTRIC SCOOTER AND MOTORCYCLE MARKET SIZE, BY VEHICLE TYPE, 2017–2021 (UNITS)
TABLE 102 INDIA: ELECTRIC SCOOTER AND MOTORCYCLE MARKET SIZE, BY VEHICLE TYPE, 2022–2027 (UNITS)
13.2.4 SOUTH KOREA
13.2.4.1 South Korean automotive industry to develop electric two wheelers
TABLE 103 SOUTH KOREA: ELECTRIC SCOOTER AND MOTORCYCLE MARKET SIZE, BY VEHICLE TYPE, 2017–2021 (UNITS)
TABLE 104 SOUTH KOREA: ELECTRIC SCOOTER AND MOTORCYCLE MARKET SIZE, BY VEHICLE TYPE, 2022–2027 (UNITS)
13.2.5 TAIWAN
FIGURE 39 TAIWAN: ELECTRIC SCOOTER REGISTRATIONS BY BRAND 2021
13.2.5.1 Charging solution networks in Taiwan to boost market
TABLE 105 TAIWAN: ELECTRIC SCOOTER AND MOTORCYCLE MARKET SIZE, BY VEHICLE TYPE, 2017–2021 (UNITS)
TABLE 106 TAIWAN: ELECTRIC SCOOTER AND MOTORCYCLE MARKET SIZE, BY VEHICLE TYPE, 2022–2027 (UNITS)
13.2.6 THAILAND
13.2.6.1 Need to curb emissions to create more opportunities for electric two wheelers
TABLE 107 THAILAND: ELECTRIC SCOOTER AND MOTORCYCLE MARKET SIZE, BY VEHICLE TYPE, 2017–2021 (UNITS)
TABLE 108 THAILAND: ELECTRIC SCOOTER AND MOTORCYCLE MARKET SIZE, BY VEHICLE TYPE, 2022–2027 (UNITS)
13.2.7 INDONESIA
TABLE 109 ELECTRIC TWO/THREE WHEELERS BY CATEGORY AVAILABLE FOR SALE IN INDONESIAN MARKET
13.2.7.1 Government initiatives and strong local demand to boost the market
TABLE 110 INDONESIA: ELECTRIC SCOOTER AND MOTORCYCLE MARKET SIZE, BY VEHICLE TYPE, 2017–2021 (UNITS)
TABLE 111 INDONESIA: ELECTRIC SCOOTER AND MOTORCYCLE MARKET SIZE, BY VEHICLE TYPE, 2022–2027 (UNITS)
13.3 EUROPE
FIGURE 40 EUROPE: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY COUNTRY, 2022 VS. 2027 (THOUSAND UNITS)
TABLE 112 EUROPE: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY COUNTRY, 2017–2021 (THOUSAND UNITS)
TABLE 113 EUROPE: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY COUNTRY, 2022–2027 (THOUSAND UNITS)
13.3.1 FRANCE
13.3.1.1 Purchase grants by French Government to boost demand
TABLE 114 FRANCE: ELECTRIC SCOOTER AND MOTORCYCLE MARKET SIZE, BY VEHICLE TYPE, 2017–2021 (UNITS)
TABLE 115 FRANCE: ELECTRIC SCOOTER AND MOTORCYCLE MARKET SIZE, BY VEHICLE TYPE, 2022–2027 (UNITS)
13.3.2 GERMANY
13.3.2.1 Leading players from the country to enter the electric two-wheeler segment
TABLE 116 GERMANY: ELECTRIC SCOOTER AND MOTORCYCLE MARKET SIZE, BY VEHICLE TYPE, 2017–2021 (UNITS)
TABLE 117 GERMANY: ELECTRIC SCOOTER AND MOTORCYCLE MARKET SIZE, BY VEHICLE TYPE, 2022–2027 (UNITS)
13.3.3 SPAIN
13.3.3.1 Increasing investments by government in alternative mobility building charging infrastructure to fuel Spanish market
TABLE 118 SPAIN: ELECTRIC SCOOTER AND MOTORCYCLE MARKET SIZE, BY VEHICLE TYPE, 2017–2021 (UNITS)
TABLE 119 SPAIN: ELECTRIC SCOOTER AND MOTORCYCLE MARKET SIZE, BY VEHICLE TYPE, 2022–2027 (UNITS)
13.3.4 AUSTRIA
13.3.4.1 Austrian manufacturers to develop performance e-motorcycles for more demand
TABLE 120 AUSTRIA: ELECTRIC SCOOTER AND MOTORCYCLE MARKET SIZE, BY VEHICLE TYPE, 2017–2021 (UNITS)
TABLE 121 AUSTRIA: ELECTRIC SCOOTER AND MOTORCYCLE MARKET SIZE, BY VEHICLE TYPE, 2022–2027 (UNITS)
13.3.5 UK
13.3.5.1 Electric two wheelers to dominated UK market
TABLE 122 UK: ELECTRIC SCOOTER AND MOTORCYCLE MARKET SIZE, BY VEHICLE TYPE, 2017–2021 (UNITS)
TABLE 123 UK: ELECTRIC SCOOTER AND MOTORCYCLE MARKET SIZE, BY VEHICLE TYPE, 2022–2027 (UNITS)
13.3.6 ITALY
13.3.6.1 Italian market driven by performance e-scooters and e-motorcycles
TABLE 124 ITALY: ELECTRIC SCOOTER AND MOTORCYCLE MARKET SIZE, BY VEHICLE TYPE, 2017–2021 (UNITS)
TABLE 125 ITALY: ELECTRIC SCOOTER AND MOTORCYCLE MARKET SIZE, BY VEHICLE TYPE, 2022–2027 (UNITS)
13.3.7 BELGIUM
13.3.7.1 Advanced charging facilities by Belgian Government to promote electric two wheelers
TABLE 126 BELGIUM: ELECTRIC SCOOTER AND MOTORCYCLE MARKET SIZE, BY VEHICLE TYPE, 2017–2021 (UNITS)
TABLE 127 BELGIUM: ELECTRIC SCOOTER AND MOTORCYCLE MARKET SIZE, BY VEHICLE TYPE, 2022–2027 (UNITS)
13.3.8 NETHERLANDS
13.3.8.1 Netherlands plan to phase out conventional ice two wheelers to propel market demand
TABLE 128 NETHERLANDS: ELECTRIC SCOOTER AND MOTORCYCLE MARKET SIZE, BY VEHICLE TYPE, 2017–2021 (UNITS)
TABLE 129 NETHERLANDS: ELECTRIC SCOOTER AND MOTORCYCLE MARKET SIZE, BY VEHICLE TYPE, 2022–2027 (UNITS)
13.3.9 POLAND
13.3.9.1 Green commuting in Poland to raise market demand
TABLE 130 POLAND: ELECTRIC SCOOTER AND MOTORCYCLE MARKET SIZE, BY VEHICLE TYPE, 2017–2021 (UNITS)
TABLE 131 POLAND: ELECTRIC SCOOTER AND MOTORCYCLE MARKET SIZE, BY VEHICLE TYPE, 2022–2027 (UNITS)
13.3.10 DENMARK
13.3.10.1 Government promotion of private infrastructure to positively affect market in Denmark
TABLE 132 DENMARK: ELECTRIC SCOOTER AND MOTORCYCLE MARKET SIZE, BY VEHICLE TYPE, 2017–2021 (UNITS)
TABLE 133 DENMARK: ELECTRIC SCOOTER AND MOTORCYCLE MARKET SIZE, BY VEHICLE TYPE, 2022–2027 (UNITS)
13.4 NORTH AMERICA
FIGURE 41 NORTH AMERICA: ELECTRIC SCOOTER AND MOTORCYCLE MARKET SNAPSHOT
TABLE 134 NORTH AMERICA: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY COUNTRY, 2017–2021 (THOUSAND UNITS)
TABLE 135 NORTH AMERICA: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY COUNTRY, 2022–2027 (THOUSAND UNITS)
13.4.1 US
13.4.1.1 US government initiatives to control increasing pollution to push market demand
TABLE 136 US: ELECTRIC SCOOTER AND MOTORCYCLE MARKET SIZE, BY VEHICLE TYPE, 2017–2021 (UNITS)
TABLE 137 US: ELECTRIC SCOOTER AND MOTORCYCLE MARKET SIZE, BY VEHICLE TYPE, 2022–2027 (UNITS)
13.4.2 CANADA
13.4.2.1 Funding from government for charging infrastructure to be key for Canadian market growth
TABLE 138 CANADA: ELECTRIC SCOOTER AND MOTORCYCLE MARKET SIZE, BY VEHICLE TYPE, 2017–2021 (UNITS)
TABLE 139 CANADA: ELECTRIC SCOOTER AND MOTORCYCLE MARKET SIZE, BY VEHICLE TYPE, 2022–2027 (UNITS)
14 COMPETITIVE LANDSCAPE (Page No. - 181)
14.1 OVERVIEW
14.2 MARKET SHARE ANALYSIS FOR ELECTRIC SCOOTER AND MOTORCYCLE MARKET
TABLE 140 MARKET SHARE ANALYSIS, 2021
FIGURE 42 MARKET SHARE ANALYSIS, 2021
14.2.1 YADEA GROUP HOLDINGS LTD
14.2.2 NIU INTERNATIONAL
14.2.3 ZHEJIANG LUYUAN ELECTRIC VEHICLE CO., LTD.
14.2.4 JIANGSU XINRI E-VEHICLE CO LTD
14.2.5 HERO ELECTRIC
14.3 KEY PLAYER STRATEGIES 2018-2022
TABLE 141 OVERVIEW OF STRATEGIES ADOPTED BY KEY PLAYERS IN ELECTRIC SCOOTER AND MOTORCYCLE MARKET
14.4 REVENUE ANALYSIS OF TOP LISTED/PUBLIC PLAYERS,2021
FIGURE 43 TOP PUBLIC/LISTED PLAYERS DOMINATING ELECTRIC SCOOTER AND MOTORCYCLE MARKET DURING LAST 5 YEARS
14.5 COMPETITIVE SCENARIO
14.5.1 NEW PRODUCT LAUNCHES
TABLE 142 NEW PRODUCT LAUNCHES, 2018-2022
14.5.2 DEALS
TABLE 143 DEALS, 2018–2022
14.5.3 OTHERS
TABLE 144 OTHERS, 2018–2022
14.6 COMPANY EVALUATION QUADRANT
14.6.1 STARS
14.6.2 EMERGING LEADERS
14.6.3 PERVASIVE COMPANIES
14.6.4 PARTICIPANTS
FIGURE 44 ELECTRIC SCOOTER AND MOTORCYCLE MARKET: COMPANY EVALUATION QUADRANT, 2021
TABLE 145 ELECTRIC SCOOTER AND MOTORCYCLE MARKET: COMPANY FOOTPRINT, 2021
TABLE 146 ELECTRIC SCOOTER AND MOTORCYCLE MARKET: PRODUCT FOOTPRINT, 2021
TABLE 147 ELECTRIC SCOOTER AND MOTORCYCLE MARKET: REGIONAL FOOTPRINT, 2021
14.7 START-UP/SME EVALUATION QUADRANT
14.7.1 PROGRESSIVE COMPANIES
14.7.2 RESPONSIVE COMPANIES
14.7.3 DYNAMIC COMPANIES
14.7.4 STARTING BLOCKS
FIGURE 45 ELECTRIC SCOOTER AND MOTORCYCLE MARKET: STARTUP/SME EVALUATION QUADRANT, 2021
TABLE 148 ELECTRIC SCOOTER AND MOTORCYCLE MARKET: DETAILED LIST OF KEY STARTUPS/SMES
TABLE 149 ELECTRIC SCOOTERS AND MOTORCYCLE MARKET: COMPETITIVE BENCHMARKING OF KEY PLAYERS [STARTUPS/SMES]
14.8 RIGHT TO WIN, 2018-2022
TABLE 150 WINNERS VS. TAIL-ENDERS
15 COMPANY PROFILES (Page No. - 198)
(Business overview, Products offered, Recent developments & MnM View)*
15.1 KEY PLAYERS
15.1.1 YADEA GROUP HOLDING LTD.
TABLE 151 YADEA GROUP HOLDING LTD: BUSINESS OVERVIEW
FIGURE 46 YADEA GROUP HOLDINGS LTD.: COMPANY SNAPSHOT
FIGURE 47 YADEA GROUP HOLDINGS LTD SALES NETWORK 2021
TABLE 152 YADEA GROUP HOLDINGS LTD: PRODUCTS OFFERED
TABLE 153 YADEA GROUP HOLDINGS LTD: NEW PRODUCT DEVELOPMENTS
TABLE 154 YADEA GROUP HOLDINGS LTD: DEALS
TABLE 155 YADEA GROUP HOLDINGS LTD: OTHERS
15.1.2 NIU INTERNATIONAL
TABLE 156 NIU INTERNATIONAL: BUSINESS OVERVIEW
FIGURE 48 NIU INTERNATIONAL: COMPANY SNAPSHOT
FIGURE 49 NIU INTERNATIONAL: ORGANIZATIONAL STRUCTURE
TABLE 157 NIU INTERNATIONAL: PRODUCTS OFFERED
TABLE 158 NIU INTERNATIONAL: NEW PRODUCT DEVELOPMENTS
TABLE 159 NIU INTERNATIONAL: DEALS
15.1.3 SILENCE URBAN ECOMOBILITY
TABLE 160 SILENCE URBAN ECOMOBILITY: BUSINESS OVERVIEW
TABLE 161 SILENCE URBAN ECOMOBILITY: PRODUCTS OFFERED
TABLE 162 SILENCE URBAN ECOMOBILITY: NEW PRODUCT DEVELOPMENTS
TABLE 163 SILENCE URBAN ECOMOBILITY: DEALS
TABLE 164 SILENCE URBAN ECOMOBILITY: OTHERS
15.1.4 HERO ELECTRIC
TABLE 165 HERO ELECTRIC: BUSINESS OVERVIEW
TABLE 166 HERO ELECTRIC: PRODUCTS OFFERED
TABLE 167 HERO ELECTRIC: NEW PRODUCT DEVELOPMENTS
TABLE 168 HERO ELECTRIC: DEALS
TABLE 169 HERO ELECTRIC: OTHERS
15.1.5 JIANGSU XINRI E-VEHICLE CO., LTD.
TABLE 170 JIANGSU XINRI E-VEHICLE CO., LTD: BUSINESS OVERVIEW
TABLE 171 JIANGSU XINRI E-VEHICLE CO., LTD: PRODUCTS OFFERED
TABLE 172 JIANGSU XINRI E-VEHICLE CO., LTD: NEW PRODUCT DEVELOPMENTS
TABLE 173 JIANGSU XINRI E-VEHICLE CO., LTD: DEALS
TABLE 174 JIANGSU XINRI E-VEHICLE CO LTD: OTHERS
15.1.6 VMOTO LIMITED
TABLE 175 VMOTO LIMITED: BUSINESS OVERVIEW
FIGURE 50 VMOTO LIMITED: COMPANY SNAPSHOT
TABLE 176 VMOTO LIMITED: PRODUCTS OFFERED
TABLE 177 VMOTO LIMITED: NEW PRODUCT DEVELOPMENTS
TABLE 178 VMOTO LIMITED: DEALS
TABLE 179 VMOTO LIMITED: OTHERS
15.1.7 ENERGICA MOTOR COMPANY
TABLE 180 ENERGICA MOTOR COMPANY: BUSINESS OVERVIEW
FIGURE 51 ENERGICA MOTR COMPANY: COMPANY SNAPSHOT
TABLE 181 ENERGICA MOTOR COMPANY: PRODUCTS OFFERED
TABLE 182 ENERGICA MOTOR COMPANY: NEW PRODUCT DEVELOPMENTS
TABLE 183 ENERGICA MOTOR COMPANY: DEALS
TABLE 184 ENERGICA MOTOR COMPANY: OTHERS
15.1.8 ASKOLL
TABLE 185 ASKOLL: BUSINESS OVERVIEW
TABLE 186 ASKOLL: PRODUCTS OFFERED
TABLE 187 ASKOLL: NEW PRODUCT DEVELOPMENTS
TABLE 188 ASKOLL: DEALS
15.1.9 GOVECS
TABLE 189 GOVECS: BUSINESS OVERVIEW
TABLE 190 GOVECS: PRODUCTS OFFERED
TABLE 191 GOVECS: NEW PRODUCT DEVELOPMENTS
TABLE 192 GOVECS: DEALS
TABLE 193 GOVECS CORPORATION: OTHERS
15.1.10 GOGORO
TABLE 194 GOGORO: BUSINESS OVERVIEW
TABLE 195 GOGORO: PRODUCTS OFFERED
TABLE 196 GOGORO: NEW PRODUCT DEVELOPMENTS
TABLE 197 GOGORO: DEALS
15.1.11 OKINAWA AUTOTECH PVT. LTD.
TABLE 198 OKINAWA AUTOTECH PVT LTD: BUSINESS OVERVIEW
TABLE 199 OKINAWA AUTOTECH PVT LTD: PRODUCTS OFFERED
TABLE 200 OKINAWA AUTOTECH PVT. LTD: NEW PRODUCT DEVELOPMENTS
TABLE 201 OKINAWA AUTOTECH PVT. LTD: DEALS
TABLE 202 OKINAWA AUTOTECH PVT. LTD: OTHERS
15.1.12 ZHEJIANG LUYUAN ELECTRIC VEHICLE CO., LTD.
TABLE 203 ZHEJIANG LUYUAN ELECTRIC VEHICLE CO., LTD: BUSINESS OVERVIEW
TABLE 204 ZHEJIANG LUYUAN ELECTRIC VEHICLE CO., LTD: PRODUCTS OFFERED
TABLE 205 ZHEJIANG LUYUAN ELECTRIC VEHICLE CO., LTD: OTHERS
*Details on Business overview, Products offered, Recent developments & MnM View might not be captured in case of unlisted companies.
15.2 OTHER KEY PLAYERS
15.2.1 ZERO MOTORCYCLES
TABLE 206 ZERO MOTORCYCLES: BUSINESS OVERVIEW
15.2.2 Z ELECTRIC VEHICLE
TABLE 207 Z ELECTRIC VEHICLE: BUSINESS OVERVIEW
15.2.3 HARLEY DAVIDSON
TABLE 208 HARLEY DAVIDSON: BUSINESS OVERVIEW
15.2.4 ČEZETA
TABLE 209 ČEZETA: BUSINESS OVERVIEW
15.2.5 JOHAMMER
TABLE 210 JOHAMMER: BUSINESS OVERVIEW
15.2.6 PIAGGIO GROUP
TABLE 211 PIAGGIO GROUP: BUSINESS OVERVIEW
15.2.7 KTM AG
TABLE 212 KTM AG: BUSINESS OVERVIEW
15.2.8 BMW GROUP
TABLE 213 BMW GROUP: BUSINESS OVERVIEW
15.2.9 ATHER ENERGY
TABLE 214 ATHER ENERGY: BUSINESS OVERVIEW
15.2.10 AIMA TECHNOLOGY GROUP CO., LTD
TABLE 215 AIMA TECHNOLOGY GROUP CO., LTD: BUSINESS OVERVIEW
15.2.11 HONDA MOTOR CO LTD
TABLE 216 HONDA MOTOR CO LTD: BUSINESS OVERVIEW
15.2.12 AMPERE VEHICLES
TABLE 217 AMPERE VEHICLES: BUSINESS OVERVIEW
15.2.13 DONGGUAN TAILING ELECTRIC VEHICLE CO., LTD
TABLE 218 DONGGUAN TAILING ELECTRIC VEHICLE CO., LTD: BUSINESS OVERVIEW
15.2.14 TERRA MOTORS CORPORATION
TABLE 219 TERRA MOTORS CORPORATION: BUSINESS OVERVIEW
15.2.15 SHANDONG INCALCU ELECTRIC VEHICLE CO., LTD
TABLE 220 SHANDONG INCALCU ELECTRIC VEHICLE CO., LTD: BUSINESS OVERVIEW
15.2.16 AVAN MOTORS INDIA
TABLE 221 AVAN MOTORS INDIA: BUSINESS OVERVIEW
15.2.17 EMFLUX MOTORS
TABLE 222 EMFLUX MOTORS: BUSINESS OVERVIEW
15.2.18 TVS MOTOR COMPANY
TABLE 223 TVS MOTOR COMPANY: BUSINESS OVERVIEW
15.2.19 BAJAJ AUTO LTD
TABLE 224 BAJAJ AUTO LTD: BUSINESS OVERVIEW
15.2.20 MAHINDRA & MAHINDRA LTD
TABLE 225 MAHINDRA & MAHINDRA LTD.: BUSINESS OVERVIEW
15.2.21 OLA ELECTRIC
TABLE 226 OLA ELECTRIC: BUSINESS OVERVIEW
16 RECOMMENDATIONS BY MARKETSANDMARKETS (Page No. - 252)
16.1 RISING DEMAND FOR ELECTRIC SCOOTERS AND MOTORCYCLES MARKET IN ASIA PACIFIC
16.2 INDIA AND OTHER EMERGING MARKETS TO BE KEY FOCUS AREAS FOR MANUFACTURERS
16.3 CONCLUSION
17 APPENDIX (Page No. - 254)
17.1 KEY INSIGHTS OF INDUSTRY EXPERTS
17.2 DISCUSSION GUIDE
17.3 KNOWLEDGESTORE: MARKETSANDMARKETS SUBSCRIPTION PORTAL
17.4 AVAILABLE CUSTOMIZATIONS
17.5 RELATED REPORTS
17.6 AUTHOR DETAILS
The study involved four major activities in estimating the current size of the electric scooter and motorcycle market. Exhaustive secondary research was done to collect information on the market, the peer market, and the parent market. The next step was to validate these findings, assumptions, and sizing with the industry experts across value chains through primary research. The top-down and bottom-up approaches were employed to estimate the complete market size. Thereafter, market breakdown and data triangulation processes were used to estimate the market size of segments and subsegments.
Secondary Research
In the secondary research process, various secondary sources such as company annual reports/presentations, press releases, industry association publications [for example, publications of electric vehicle manufacturers, Organisation Internationale des Constructeurs d'Automobiles (OICA), the Alternative Fuels Data Center (AFDC),International Energy Agency (IEA), Federal Transit Administration (FTA), Regional Transportation Authority (RTA), country-level vehicle associations and trade organizations, and the US Department of Transportation (DOT)], electric two-wheeler magazine articles, directories, technical handbooks, World Economic Outlook, trade websites, government organizations websites, and technical articles have been used to identify and collect information useful for an extensive commercial study of the global electric scooter and motorcycle market.
Primary Research
Extensive primary research has been conducted after acquiring an understanding of this market scenario through secondary research. In the primary research process, various primary sources from both supply and demand sides were interviewed to obtain qualitative and quantitative information for the report. The primary sources from the supply side included industry experts, such as Chief Executive Officers (CEOs), Vice Presidents (VPs), marketing directors, technology and innovation directors, and related key executives from various key companies and organizations. The primary sources from the demand side included end users, such as Chief Information Officers (CIOs), consultants, service professionals, technicians and technologists, and managers at public and investor-owned utilities. Approximately 30% and 70% of primary interviews have been conducted from the demand and supply side, respectively. Primary data has been collected through questionnaires, emails, LinkedIn, and telephonic interviews. In the canvassing of primaries, we have strived to cover various departments within organizations, such as sales, operations, and administration, to provide a holistic viewpoint in our report.
After interacting with industry experts, we conducted brief sessions with highly experienced independent consultants to reinforce the findings from our primaries. This, along with the in-house subject matter experts’ opinions, has led us to the findings as described in the remainder of this report. Following is the breakdown of primary respondents.
To know about the assumptions considered for the study, download the pdf brochure
Market Size Estimation
The bottom-up approach was used to estimate and validate the total market size. This method was also used extensively to estimate the size of various subsegments in the market. The research methodology used to estimate the market size includes the following:
- The key players in the industry and markets have been identified through extensive secondary research
- The industry’s supply chain and market size, in terms of value, have been determined through primary and secondary research processes
- All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources
Data Triangulation
After arriving at the overall market size—using the market size estimation processes as explained above—the market was split into several segments and subsegments. To complete the overall market engineering process and arrive at the exact statistics of each market segment and subsegment, data triangulation, and market breakdown procedures were employed, wherever applicable. The data was triangulated by studying various factors and trends from both the demand and supply sides.
Report Objectives
- To segment and forecast the electric scooter and motorcycle market in terms of volume
(‘000 units), from 2022 to 2027 - To define, describe, and forecast the electric scooter and motorcycle market based on vehicle type, battery type, voltage type, vehicle class, technology type, distance covered, usage, and region
- To segment and forecast the market by battery type [sealed lead acid (SLA) and lithium-ion
(li-ion)] - To segment and forecast the market by vehicle type (e-scooters/mopeds and e-motorcycles)
- To segment and forecast the market by voltage type (36V, 48V, 60V, 72 V, and above 72V)
- To segment and forecast the market by technology type (plug-in and batteries)
- To segment and forecast the market by distance covered (below 75 miles, 75–100 miles, and above 100 miles)
- To segment and forecast the market by vehicle class (economy and luxury)
- To segment and forecast the market by usage (private and commercial)
- To forecast the market size with respect to key regions, namely, North America, Europe, and Asia Pacific
- To provide detailed information regarding the major factors influencing the market growth (drivers, challenges, restraints, and opportunities)
- To strategically analyze markets with respect to individual growth trends, prospects, and contributions to the total market
- To strategically profile key players and comprehensively analyze their market share and core competencies
- To track and analyze competitive developments, such as new product launches, deals, and other developments by key players
- To analyze the opportunities offered by various segments of the market to its stakeholders
- To analyze and forecast the trends and orientation for the electric scooters and motorcycle market in the global industry
Available Customizations
With the given market data, MarketsandMarkets offers customizations in line with the company’s specific needs.
- Electric Scooter and Motorcycle Market, By technology Type at country level (For countries covered in the report)
- Electric Scooter and Motorcycle Market, By battery type at country level (For countries covered in the report)
Company Information
- Profiling of Additional Market Players (Up to 5)
- Triangulate with your Own Data
- Get Data as per your Format and Definition
- Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
- Any level of Personalization
- What are the Known and Unknown Adjacencies Impacting the Electric Scooter Market
- What will your New Revenue Sources be?
- Who will be your Top Customer; what will make them switch?
- Defend your Market Share or Win Competitors
- Get a Scorecard for Target Partners
Growth opportunities and latent adjacency in Electric Scooter Market
What are Electric Scooter and Motorcycle Market Newer business models like sustainable and profitable revenue streams in the future?