Electric Scooter and Motorcycle Market by Vehicle Type (E-Scooter/Moped & E-Motorcycle), Battery (Sealed Lead Acid & Li-Ion), Distance Covered, Voltage (36V, 48V, 60V & 72V), Technology (Plug-in & Battery), Vehicle Class, Region - Global Forecast to 2027
[191 Pages Report] The global electric scooter and motorcycle market size is projected to grow from 861 thousand units in 2020 to 5,948 thousand units by 2027, at a CAGR of 31.8%. Factors such as growing demand for energy-efficient commuting and governments supporting electric two-wheelers through subsidies & tax rebates have compelled two-wheeler OEMs to explore beyond the use of conventional internal combustion engines (ICE) in two-wheelers.
Increasing investments by governments across the globe to develop charging infrastructure and incentives offered to buyers will create opportunities for OEMs to expand their revenue stream and geographical presence. The market in Asia Pacific is projected to experience steady growth owing to the high demand for energy-efficient and emission-free electric two-wheelers, while the North American market is the fastest growing market due to the government initiatives and growing high-performance E-Motorcycle segment. However, the lack of charging infrastructure network, high costs involved in initial investments, and performance constraints could hamper the growth of global electric scooter and motorcycle market.
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COVID-19 Impact On Electric Scooter And Motorcycle Market:
The production and sales of new vehicles had come to a halt across the globe as the whole ecosystem had been disrupted in the initial outbreak of COVID 19. OEMs had to wait until lockdowns were lifted to resume production, which affected their businesses. Hence, vehicle manufacturers would need to adjust the production volume. Also, component manufacturing is suspended, and small Tier II and Tier III manufacturers could face liquidity issues. The automotive industry is highly capital-intensive and relies on frequent financing to continue operations. Thus, the production suspension during the outbreak and lower demand will have an unprecedented impact on electric scooters and motorcycle manufacturers.
Due to the COVID-19 pandemic, many countries had imposed a complete lockdown of more than two months, which, in turn, has impacted vehicle production. Manufacturing units around the world were shut down, and vehicle sales have taken a huge hit. However, the majority of the automakers resumed vehicle production with limited production and necessary measures.
Although most OEMs did not report any major losses, there were few OEMs, which suffered from the outbreak. For instance, NIU International suffered a significant loss due to the outbreak of COVID 19. The company’s production was significantly hampered due to the 30-days production break in February 2020 in China. Because of the pandemic, the company’s sales declined by around 40% in the first quarter of 2020. Hero Electric and Okinawa had to shut their manufacturing plant for a few days owing to the nation-wide lockdown in India.
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. Consumers from emerging countries are already affected by the increased cost of petrol. Electrical two-wheelers operating on electricity will definitely reduce the operating cost of these vehicles. These two-wheelers are more efficient than conventional ones. Manufacturers are expected to develop electric scooters and motorcycles that have a higher range than the current breed of electric two-wheelers. As there are lesser moving parts than conventional two-wheelers, maintenance will also not be a concern. The highest maintenance cost would be the cost of changing the battery, which, however, is not frequent.
Restraint: Lack of charging infrastruture
The biggest hurdle in the growth of the electric scooter and motorcycle market would be the lack of charging infrastructure. For any user, the most important concern before buying any electric two-wheeler would be the convenience of charging that vehicle anywhere and anytime. 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. 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:Government bodies backing electric two-wheelers
The electric scooter and motorcycle market is expected to grow with time and growing support from government bodies of different countries. Many countries have recognized the need to go electric to reduce the increasing pollution from automobiles, with the US and China already gearing up to electric vehicles. India has recently announced that it may stop producing ICE two-wheelers under the 150 cc segment by 2025. Similarly, many countries would be introducing such regulations and policies in favor of electric two-wheelers in the future. Manufacturers would also get due exemptions in terms of taxes and imports-exports, resulting in the growth of the electric scooter and motorcycle market.
Challenge: Design and performance standards
Although electric two-wheelers are more energy-efficient than conventional two-wheelers, they are still not up to the mark in terms of design and performance standards. One of the biggest challenges for this market is the lack of consumer attention because of unappealing design and average performance. For example, the Indian electric scooter and motorcycle market has limited options with average design and performance. Therefore, the verdict is clear-manufacturers need to work on the quality of design and performance of electric two-wheelers to shoot up their demand.
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..
Lithium-ion battery segment is expected to be the fastest-growing segment during the forecast period
The lithium-ion segment is projected to be the faster-growing segment in the 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. Another advantage of a lithium-ion battery is lightweight, which helps maintain the energy to weight ratio of the vehicle. Its electrodes are made of lithium and carbon. It can store more energy per kilogram of weight compared to a lead acid battery. Also, lithium-ion batteries' cost is high, but it has come down significantly in the last few years and is expected to reduce further.
The Asia Pacific market is projected to hold the largest share by 2027
Asia Pacific is expected to be the largest market. Large sales production and sales volumes in China, growing demand for affordable electric scooters for short-distance commuting, and governments promoting electric two-wheelers are expected to drive the Asia Pacific market during the forecast period. China’s rapidly growing economy is driving the expansion of advanced technologies to improve electrification in the country. China has spent approximately USD 2.4 billion till 2020 to improve the charging facility infrastructure 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.
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), 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 |
2018–2027 |
|
Base year considered |
2019 |
|
Forecast period |
2020-2027 |
|
Forecast units |
Volume (Thousand Units) |
|
Segments covered |
Vehicle Type, Battery, Distance Covered, Voltage, Technology, Vehicle Class and Region |
|
Geographies covered |
Asia Pacific, Europe, North America, and RoW |
|
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, 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
Based on the vehicle class:
- Economy
- Luxury
Based on the region:
- Asia Pacific
- China
- India
- Japan
- South Korea
- Taiwan
- North America
- US
- Canada
- Europe
- France
- Germany
- Italy
- Spain
- United Kingdom
- Austria
- Belgium
- Netherlands
- Poland
- Denmark
Recent Developments
- In August 2020, Okinawa Autotech launched its new electric scooter, R30. The scooter belongs to the low-speed range, having a maximum speed of 25 km/h..
- 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.
- In May 2018, Sunra introduced Miku Max, a single-seater electric scooter designed in sea shape. This 800 W scooter can easily reach a top speed of 45 km/h. On a full battery charge, it offers a range of up to 60 km. Also, there are USB charging ports on it.
- In February 2018, Hero Electric launched a new electric scooter AXLHE-20. The scooter is perhaps the most powerful one currently being offered by the company. The scooter houses a 4 kW motor powered by a Li-ion battery pack.
- In April 2017, Hero Electric tied up a powertrain partnership with Bosch to offer better technology and higher speed in its product lineup.
Frequently Asked Questions (FAQ):
What is the current size of the global electric scooter and motorcycle market?
The global electric scooter and motorcycle market is estimated to be 861 thousand units in 2020 and projected to reach 5,948 thousand units by 2027, at a CAGR of 31.8%
Who are the winners 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 have been competing for developing advanced and innovative electric scooters and motorcycles. With advanced R&D facilities, large production capacities, and strong distribution networks (geographical presence), these companies have managed to stay ahead of other companies.
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. The company’s production was significantly hampered due to the 30-days production break in February 2020 in China.
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.
What are the different batterries used in the electric scooter and motorcycle market?
As of 2020, 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. Renowned Indian electric two-wheeler manufacturer, Hero Electric, offers electric scooters with both options, Li-ion and lead acid batteries. On the other hand, in December 2020, Okinawa Scooters, one of the top Indian manufacturer, announced that it will now manufacture electric scooters fitted with lithium-ion batteries only, thereby discontinuing lead acid battery-operated two-wheelers. .
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TABLE OF CONTENTS
1 INTRODUCTION (Page No. - 20)
1.1 OBJECTIVES OF THE STUDY
1.2 PRODUCT DEFINITION
1.2.1 INCLUSIONS & EXCLUSIONS
TABLE 1 INCLUSIONS & EXCLUSIONS FOR ELECTRIC SCOOTER AND MOTORCYCLE MARKET
1.3 MARKET SCOPE
1.3.1 MARKETS COVERED
FIGURE 1 ELECTRIC SCOOTER AND MOTORCYCLE MARKET SEGMENTATION
1.3.2 YEARS CONSIDERED FOR THE STUDY
1.4 VOLUME UNIT CONSIDERED
1.5 LIMITATIONS
1.6 STAKEHOLDERS
1.7 SUMMARY OF CHANGES
2 RESEARCH METHODOLOGY (Page No. - 24)
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
2.3 PRIMARY DATA
FIGURE 4 BREAKDOWN OF PRIMARY INTERVIEWS
2.3.1 SAMPLING TECHNIQUES & DATA COLLECTION METHODS
2.3.2 PRIMARY PARTICIPANTS
2.4 MARKET SIZE ESTIMATION
2.4.1 BOTTOM-UP APPROACH
FIGURE 5 MARKET SIZE ESTIMATION: BOTTOM-UP APPROACH
2.4.2 TOP-DOWN APPROACH
FIGURE 6 MARKET SIZE ESTIMATION: TOP-DOWN APPROACH
2.5 MARKET BREAKDOWN AND DATA TRIANGULATION
FIGURE 7 DATA TRIANGULATION
2.6 MARKET SCOPE & ASSUMPTIONS
3 EXECUTIVE SUMMARY (Page No. - 32)
FIGURE 8 ELECTRIC SCOOTER AND MOTORCYCLE MARKET: MARKET DYNAMICS
FIGURE 9 ELECTRIC SCOOTER AND MOTORCYCLE MARKET (VOLUME), BY REGION, 2020–2027
FIGURE 10 ELECTRIC SCOOTER/MOPED SEGMENT TO HAVE THE LARGEST SHARE IN THE ELECTRIC SCOOTER AND MOTORCYCLE MARKET, 2020 VS. 2027
3.1 COVID-19 IMPACT ON ELECTRIC SCOOTER AND MOTORCYCLE MARKET, 2017–2027
4 PREMIUM INSIGHTS (Page No. - 37)
4.1 ATTRACTIVE OPPORTUNITIES IN THE ELECTRIC SCOOTER AND MOTORCYCLE MARKET
FIGURE 11 INCREASING DEMAND FOR EFFICIENT & EMISSION-FREE COMMUTING TO DRIVE THE MARKET
4.2 ELECTRIC SCOOTER AND MOTORCYCLE MARKET GROWTH RATE, BY REGION
FIGURE 12 ASIA PACIFIC PROJECTED TO BE THE LARGEST MARKET
4.3 ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE
FIGURE 13 E-SCOOTER/MOPED SEGMENT TO BE THE LARGEST SEGMENT, 2020 VS. 2027 (THOUSAND UNITS)
4.4 ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY BATTERY TYPE
FIGURE 14 LITHIUM-ION SEGMENT EXPECTED TO BE THE FASTEST-GROWING SEGMENT, 2020 VS. 2027 (THOUSAND UNITS)
4.5 ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY DISTANCE COVERED
FIGURE 15 BELOW 75 MILES SEGMENT PROJECTED TO BE THE LARGEST SEGMENT, 2020 VS. 2027 (THOUSAND UNITS)
4.6 ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VOLTAGE
FIGURE 16 48V SEGMENT PROJECTED TO BE THE LARGEST SEGMENT, 2020 VS. 2027 (THOUSAND UNITS)
4.7 ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY TECHNOLOGY
FIGURE 17 PLUG-IN SEGMENT PROJECTED TO BE THE LARGEST SEGMENT, 2020 VS. 2027 (THOUSAND UNITS)
4.8 ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE CLASS
FIGURE 18 ECONOMY SEGMENT PROJECTED TO BE THE LARGEST SEGMENT, 2020 VS. 2027 (THOUSAND UNITS)
5 MARKET OVERVIEW (Page No. - 42)
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
FIGURE 19 ELECTRIC SCOOTER AND MOTORCYCLE MARKET DYNAMICS
5.2.1 DRIVERS
5.2.1.1 Low operating and maintenance costs
5.2.1.2 Government incentives and subsidies
5.2.1.3 Advancements in battery technologies
TABLE 2 SOME OF THE ELECTRIC SCOOTERS & MOTORCYCLES WITH SIGNIFICANT RANGE
5.2.2 RESTRAINTS
5.2.2.1 Lack of charging infrastructure
5.2.2.2 Lack of power output and limited range
5.2.3 OPPORTUNITIES
5.2.3.1 Government bodies backing electric two-wheelers
5.2.3.2 Established players yet to enter the market
5.2.3.3 Decreasing prices of batteries
FIGURE 20 LITHIUM-ION BATTERY PRICE TREND, 2011–2020 (USD/KWH)
5.2.3.4 New revenue pockets in Asia Pacific and Europe
5.2.4 CHALLENGES
5.2.4.1 Design and performance standards
5.2.4.2 Initial investments and high cost of electricity
5.2.4.3 Lack of compatibility, interchangeability, and standardization
TABLE 3 IMPACT OF MARKET DYNAMICS
5.3 PORTER’S FIVE FORCES
FIGURE 21 PORTER’S FIVE FORCES: ELECTRIC SCOOTER AND MOTORCYCLE MARKET
5.3.1 THREAT OF SUBSTITUTES
5.3.2 RIVALRY AMONG EXISTING COMPETITORS
5.3.3 BARGAINING POWER OF BUYERS
5.3.4 THREAT OF NEW ENTRANTS
5.3.5 BARGAINING POWER OF SUPPLIERS
5.4 ELECTRIC SCOOTER AND MOTORCYCLE MARKET ECOSYSTEM
FIGURE 22 ELECTRIC SCOOTER AND MOTORCYCLE MARKET: ECOSYSTEM ANALYSIS
5.5 SUPPLY CHAIN ANALYSIS
FIGURE 23 SUPPLY CHAIN ANALYSIS: ELECTRIC SCOOTER AND MOTORCYCLE MARKET
5.5.1 ELECTRIC CHARGING INFRASTRUCTURE PROVIDERS
5.5.2 TIER I SUPPLIERS
5.5.3 OEMS
5.5.4 END USERS
5.6 TARIFF AND REGULATORY OVERVIEW
5.6.1 INDIA
5.6.2 CHINA
5.6.3 FRANCE
5.6.4 GERMANY
5.6.5 SPAIN
5.6.6 AUSTRIA
5.6.7 US
5.7 PATENT ANALYSIS
TABLE 4 IMPORTANT PATENT REGISTRATIONS RELATED TO ELECTRIC SCOOTER AND MOTORCYCLE MARKET
5.8 CASE STUDY ANALYSIS
5.9 AVERAGE SELLING PRICE
TABLE 5 ELECTRIC SCOOTERS AND MOTORCYCLES: PRICE RANGE ANALYSIS
TABLE 6 MODEL WISE PRICING
5.1 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 COVID-19 IMPACT ANALYSIS
5.11.1 INTRODUCTION TO COVID-19
5.12 COVID-19 HEALTH ASSESSMENT
FIGURE 24 COVID-19: GLOBAL PROPAGATION
FIGURE 25 COVID-19 PROPAGATION: SELECT COUNTRIES
5.12.1 COVID-19 ECONOMIC ASSESSMENT
FIGURE 26 REVISED GROSS DOMESTIC PRODUCT FORECASTS FOR SELECT G20 COUNTRIES IN 2020
5.12.1.1 COVID-19 Economic Impact: Scenario Assessment
FIGURE 27 CRITERIA IMPACTING THE GLOBAL ECONOMY
FIGURE 28 SCENARIOS IN TERMS OF RECOVERY OF THE GLOBAL ECONOMY
5.13 ELECTRIC SCOOTER AND MOTORCYCLE MARKET, SCENARIOS (2020–2027)
FIGURE 29 FUTURE TRENDS & SCENARIO: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, 2020–2027 (THOUSAND UNITS)
5.13.1 MOST LIKELY SCENARIO
TABLE 7 MOST LIKELY SCENARIO: ELECTRIC SCOOTER AND MOTORCYCLE MARKET SIZE, BY REGION, 2020–2027 (THOUSAND UNITS)
5.13.2 OPTIMISTIC SCENARIO
TABLE 8 OPTIMISTIC SCENARIO: ELECTRIC SCOOTER AND MOTORCYCLE MARKET SIZE, BY REGION, 2020–2027 (THOUSAND UNITS)
5.13.3 PESSIMISTIC SCENARIO
TABLE 9 PESSIMISTIC SCENARIO: ELECTRIC SCOOTER AND MOTORCYCLE MARKET SIZE, BY REGION, 2020–2027 (THOUSAND UNITS)
6 ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE (Page No. - 65)
6.1 INTRODUCTION
FIGURE 30 ELECTRIC MOTORCYCLE SEGMENT TO GROW AT A HIGHER CAGR DURING THE FORECAST PERIOD
TABLE 10 ELECTRIC SCOOTER AND MOTORCYCLE MARKET SIZE, BY VEHICLE TYPE, 2017–2019 (THOUSAND UNITS)
TABLE 11 ELECTRIC SCOOTER AND MOTORCYCLE MARKET SIZE, BY VEHICLE TYPE, 2020–2027 (THOUSAND UNITS)
6.2 OPERATIONAL DATA
TABLE 12 POPULAR E-SCOOTER/MOPED AND E-MOTORCYCLE MODELS ACROSS THE WORLD
6.2.1 ASSUMPTIONS
TABLE 13 ASSUMPTIONS, BY VEHICLE TYPE
6.2.2 RESEARCH METHODOLOGY
6.3 E-SCOOTER/MOPED
6.3.1 RISE IN DEMAND FOR ENERGY-EFFICIENT MODES OF COMMUTING TO BOOST THE MARKET
TABLE 14 E-SCOOTER/MOPED MARKET SIZE, BY REGION, 2017–2019 (THOUSAND UNITS)
TABLE 15 E-SCOOTER/MOPED MARKET SIZE, BY REGION, 2020–2027 (THOUSAND UNITS)
6.4 E-MOTORCYCLE
6.4.1 INCREASE IN DEMAND FOR PERFORMANCE ELECTRIC TWO-WHEELERS TO DRIVE THE E-MOTORCYCLE SEGMENT
TABLE 16 E-MOTORCYCLE MARKET SIZE, BY REGION, 2017–2019 (THOUSAND UNITS)
TABLE 17 E-MOTORCYCLE MARKET SIZE, BY REGION, 2020–2027 (THOUSAND UNITS)
6.5 KEY PRIMARY INSIGHTS
7 ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY BATTERY TYPE (Page No. - 71)
7.1 INTRODUCTION
FIGURE 31 THE LITHIUM-ION BATTERY SEGMENT IS PROJECTED TO GROW AT THE HIGHER CAGR DURING THE FORECAST PERIOD
TABLE 18 ELECTRIC SCOOTER AND MOTORCYCLE MARKET SIZE, BY BATTERY TYPE, 2017–2019 (THOUSAND UNITS)
TABLE 19 ELECTRIC SCOOTER AND MOTORCYCLE MARKET SIZE, BY BATTERY TYPE, 2020–2027 (THOUSAND UNITS)
7.2 OPERATIONAL DATA
TABLE 20 POPULAR E-SCOOTER/MOPED AND E-MOTORCYCLE MODELS AND THEIR BATTERIES
7.2.1 ASSUMPTIONS
TABLE 21 ASSUMPTIONS, BY BATTERY TYPE
7.2.2 RESEARCH METHODOLOGY
7.3 SEALED LEAD ACID
7.3.1 LOW COST OF LEAD ACID BATTERY IS THE MAJOR REASON FOR ITS USAGE
TABLE 22 SEALED LEAD ACID BATTERY IN ELECTRIC SCOOTER AND MOTORCYCLE MARKET SIZE, BY REGION, 2017–2019 (THOUSAND UNITS)
TABLE 23 SEALED LEAD ACID BATTERY IN ELECTRIC SCOOTER AND MOTORCYCLE MARKET SIZE, BY REGION, 2020–2027 (THOUSAND UNITS)
7.4 LITHIUM-ION
7.4.1 ASIA PACIFIC WILL LEAD THE LITHIUM-ION BATTERY SEGMENT DUE TO THEIR GROWING USAGE IN MODERN ELECTRIC TWO-WHEELERS
TABLE 24 LITHIUM-ION BATTERY IN ELECTRIC SCOOTER AND MOTORCYCLE MARKET SIZE, BY REGION, 2017–2019 (THOUSAND UNITS)
TABLE 25 LITHIUM-ION BATTERY IN ELECTRIC SCOOTER AND MOTORCYCLE MARKET SIZE, BY REGION, 2020–2027 (THOUSAND UNITS)
7.5 KEY PRIMARY INSIGHTS
8 ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY DISTANCE COVERED (Page No. - 77)
8.1 INTRODUCTION
FIGURE 32 THE ABOVE 100 MILES SEGMENT IS PROJECTED TO GROW AT A HIGHER CAGR WITH TECHNOLOGICAL ADVANCEMENTS IN TWO-WHEELERS
TABLE 26 ELECTRIC SCOOTER AND MOTORCYCLE MARKET SIZE, BY DISTANCE COVERED, 2017–2019 (THOUSAND UNITS)
TABLE 27 ELECTRIC SCOOTER AND MOTORCYCLE MARKET SIZE, BY DISTANCE COVERED, 2017–2027 (THOUSAND UNITS)
8.2 OPERATIONAL DATA
TABLE 28 POPULAR E-SCOOTER/MOPED AND E-MOTORCYCLE MODELS WITH RANGE
8.2.1 ASSUMPTIONS
TABLE 29 ASSUMPTIONS, BY DISTANCE COVERED
8.2.2 RESEARCH METHODOLOGY
8.3 BELOW 75 MILES
8.3.1 ASIA PACIFIC IS DOMINATED BY ELECTRIC SCOOTERS/MOPEDS WITH BELOW 75 MILES RANGE
TABLE 30 ELECTRIC SCOOTER AND MOTORCYCLE MARKET SIZE FOR BELOW 75 MILES, BY REGION, 2017–2019 (THOUSAND UNITS)
TABLE 31 ELECTRIC SCOOTER AND MOTORCYCLE MARKET SIZE FOR BELOW 75 MILES, BY REGION, 2020–2027 (THOUSAND UNITS)
8.4 75–100 MILES
8.4.1 IMPROVED BATTERY PERFORMANCE TO ENHANCE THE RANGE OF ELECTRIC TWO-WHEELERS
TABLE 32 ELECTRIC SCOOTER AND MOTORCYCLE MARKET SIZE FOR 75–100 MILES, BY REGION, 2017–2019 (THOUSAND UNITS)
TABLE 33 ELECTRIC SCOOTER AND MOTORCYCLE MARKET SIZE FOR 75–100 MILES, BY REGION, 2020–2027 (THOUSAND UNITS)
8.5 ABOVE 100 MILES
8.5.1 INNOVATION IN TECHNOLOGIES WILL BOOST THE DEMAND
TABLE 34 ELECTRIC SCOOTER AND MOTORCYCLE MARKET SIZE FOR ABOVE 100 MILES, BY REGION, 2017–2019 (THOUSAND UNITS)
TABLE 35 ELECTRIC SCOOTER AND MOTORCYCLE MARKET SIZE FOR ABOVE 100 MILES, BY REGION, 2020–2027 (THOUSAND UNITS)
8.6 KEY PRIMARY INSIGHTS
9 ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VOLTAGE TYPE (Page No. - 85)
9.1 INTRODUCTION
FIGURE 33 THE 72V SEGMENT TO GROW AT A HIGHER CAGR DUE TO INCREASED DEMAND FOR PERFORMANCE ELECTRIC TWO-WHEELERS (2020–2027)
TABLE 36 ELECTRIC SCOOTER AND MOTORCYCLE MARKET SIZE, BY VOLTAGE TYPE, 2017–2019 (THOUSAND UNITS)
TABLE 37 ELECTRIC SCOOTER AND MOTORCYCLE MARKET SIZE, BY VOLTAGE TYPE, 2017–2027 (THOUSAND UNITS)
9.2 OPERATIONAL DATA
TABLE 38 POPULAR E-SCOOTER/MOPED AND E-MOTORCYCLE MODELS AND THEIR BATTERY VOLTAGE CAPACITIES
9.2.1 ASSUMPTIONS
TABLE 39 ASSUMPTIONS, BY VOLTAGE TYPE
9.2.2 RESEARCH METHODOLOGY
9.3 36V
9.3.1 INCREASE IN DEMAND FOR ENERGY-EFFICIENT DAILY COMMUTING TO BOOST THE ELECTRIC SCOOTER AND MOTORCYCLE MARKET
TABLE 40 36V ELECTRIC SCOOTER AND MOTORCYCLE MARKET SIZE, BY REGION, 2017–2019 (THOUSAND UNITS)
TABLE 41 36V ELECTRIC SCOOTER AND MOTORCYCLE MARKET SIZE, BY REGION, 2020–2027 (THOUSAND UNITS)
9.4 48V
9.4.1 MORE PRACTICAL USAGE OF 48V BATTERY THAN 36V TO DRIVE THE SEGMENT IN FUTURE
TABLE 42 48V ELECTRIC SCOOTER AND MOTORCYCLE MARKET SIZE, BY REGION, 2017–2019 (THOUSAND UNITS)
TABLE 43 48V ELECTRIC SCOOTER AND MOTORCYCLE MARKET SIZE, BY REGION, 2020–2027 (THOUSAND UNITS)
9.5 60V
9.5.1 MANUFACTURERS HAVE RECOGNIZED THE NEED FOR OPTIMUM PERFORMANCE AND ENHANCED RANGE
TABLE 44 60V ELECTRIC SCOOTER AND MOTORCYCLE MARKET SIZE, BY REGION, 2017–2019 (THOUSAND UNITS)
TABLE 45 60V ELECTRIC SCOOTER AND MOTORCYCLE MARKET SIZE, BY REGION, 2020–2027 (THOUSAND UNITS)
9.6 72V
9.6.1 RECENT DEVELOPMENTS IN BATTERIES AND GROWING DEMAND FOR PERFORMANCE TO CHANGE THE SCENARIO IN FUTURE
TABLE 46 72V ELECTRIC SCOOTER AND MOTORCYCLE MARKET SIZE, BY REGION, 2017–2019 (THOUSAND UNITS)
TABLE 47 72V ELECTRIC SCOOTER AND MOTORCYCLE MARKET SIZE, BY REGION, 2020–2027 (THOUSAND UNITS)
9.7 KEY PRIMARY INSIGHTS
10 ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY TECHNOLOGY TYPE (Page No. - 94)
10.1 INTRODUCTION
FIGURE 34 THE PLUG-IN SEGMENT TO GROW AT A HIGHER CAGR DURING THE FORECAST PERIOD (2020–2027)
TABLE 48 ELECTRIC SCOOTER AND MOTORCYCLE MARKET SIZE, BY TECHNOLOGY TYPE, 2017–2019 (THOUSAND UNITS)
TABLE 49 ELECTRIC SCOOTER AND MOTORCYCLE MARKET SIZE, BY TECHNOLOGY TYPE, 2020–2027 (THOUSAND UNITS)
10.2 OPERATIONAL DATA
TABLE 50 POPULAR E-SCOOTER/MOPED AND E-MOTORCYCLE MODELS WITH VOLTAGE CAPACITIES
10.2.1 ASSUMPTIONS
TABLE 51 ASSUMPTIONS, BY TECHNOLOGY TYPE
10.2.2 RESEARCH METHODOLOGY
10.3 PLUG-IN
10.3.1 MANUFACTURERS HAVE STARTED PROVIDING FAST CHARGING STATIONS FOR PLUG-IN ELECTRIC TWO-WHEELERS
TABLE 52 PLUG-IN ELECTRIC SCOOTER AND MOTORCYCLE MARKET SIZE, BY REGION, 2017–2019 (THOUSAND UNITS)
TABLE 53 PLUG-IN ELECTRIC SCOOTER AND MOTORCYCLE MARKET SIZE, BY REGION, 2020–2027 (THOUSAND UNITS)
10.4 BATTERY
10.4.1 ADVANCEMENTS IN BATTERY TO BOOST THE SEGMENT IN FUTURE
TABLE 54 BATTERY-POWERED ELECTRIC SCOOTER AND MOTORCYCLE MARKET SIZE, BY REGION, 2017–2019 (THOUSAND UNITS)
TABLE 55 BATTERY-POWERED ELECTRIC SCOOTER AND MOTORCYCLE MARKET SIZE, BY REGION, 2020–2027 (THOUSAND UNITS)
10.5 KEY PRIMARY INSIGHTS
11 ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE CLASS (Page No. - 100)
11.1 INTRODUCTION
FIGURE 35 THE LUXURY SEGMENT TO GROW AT A HIGHER CAGR BETWEEN 2020 & 2027 (THOUSAND UNITS)
TABLE 56 ELECTRIC SCOOTER AND MOTORCYCLE MARKET SIZE, BY VEHICLE CLASS, 2017–2019 (THOUSAND UNITS)
TABLE 57 ELECTRIC SCOOTER AND MOTORCYCLE MARKET SIZE, BY VEHICLE CLASS, 2020–2027 (THOUSAND UNITS)
11.2 OPERATIONAL DATA
TABLE 58 E-SCOOTER/MOPED AND E-MOTORCYCLE MODELS ACROSS THE WORLD
11.2.1 ASSUMPTIONS
TABLE 59 ASSUMPTIONS, BY VEHICLE CLASS
11.2.2 RESEARCH METHODOLOGY
11.3 ECONOMY CLASS
11.4 LUXURIOUS/PREMIUM CLASS
11.5 KEY PRIMARY INSIGHTS
12 ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY REGION (Page No. - 105)
12.1 INTRODUCTION
FIGURE 36 ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY REGION, 2020 VS. 2027
TABLE 60 ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY REGION, 2017–2019 (THOUSAND UNITS)
TABLE 61 ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY REGION, 2020–2027 (THOUSAND UNITS)
12.2 ASIA PACIFIC
FIGURE 37 ASIA PACIFIC: ELECTRIC SCOOTER AND MOTORCYCLE MARKET SNAPSHOT
TABLE 62 ASIA PACIFIC: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY COUNTRY, 2017–2019 (THOUSAND UNITS)
TABLE 63 ASIA PACIFIC: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY COUNTRY, 2020–2027 (THOUSAND UNITS)
12.2.1 CHINA
12.2.1.1 China to be the largest market for the e-scooter/moped segment in the world
TABLE 64 CHINA: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2017–2019 (THOUSAND UNITS)
TABLE 65 CHINA: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2020–2027 (THOUSAND UNITS)
12.2.2 JAPAN
12.2.2.1 Japan has many renowned manufacturers developing advanced electric two-wheelers
TABLE 66 JAPAN: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2017–2019 (THOUSAND UNITS)
TABLE 67 JAPAN: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2020–2027 (THOUSAND UNITS)
12.2.3 INDIA
12.2.3.1 Key players in the Indian electric scooter and motorcycle market
12.2.3.2 Market dynamics of the Indian electric two-wheeler market
FIGURE 38 ELECTRIC TWO-WHEELER MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES & CHALLENGES
12.2.3.2.1 Drivers
12.2.3.2.2 Restraints
12.2.3.2.3 Opportunities
12.2.3.2.4 Challenges
12.2.3.3 India is shifting the focus from ice two-wheelers to electric two-wheelers to reduce pollution
TABLE 68 INDIA: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2017–2019 (THOUSAND UNITS)
TABLE 69 INDIA: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2020–2027 (THOUSAND UNITS)
TABLE 70 INDIA: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY BATTERY TYPE, 2017–2019 (THOUSAND UNITS)
TABLE 71 INDIA: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY BATTERY TYPE, 2020–2027 (THOUSAND UNITS)
TABLE 72 INDIA: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY DISTANCE COVERED, 2017–2019 (THOUSAND UNITS)
TABLE 73 INDIA: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY DISTANCE COVERED, 2020–2027 (THOUSAND UNITS)
TABLE 74 INDIA: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VOLTAGE TYPE, 2017–2019 (THOUSAND UNITS)
TABLE 75 INDIA: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VOLTAGE TYPE, 2020–2027 (THOUSAND UNITS)
12.2.4 SOUTH KOREA
12.2.4.1 South Korean automotive industry has started developing electric two-wheelers
TABLE 76 SOUTH KOREA: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2017–2019 (THOUSAND UNITS)
TABLE 77 SOUTH KOREA: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2020–2027 (THOUSAND UNITS)
12.2.5 TAIWAN
12.2.5.1 Taiwan has one of the best-charging solution networks
TABLE 78 TAIWAN: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2017–2019 (THOUSAND UNITS)
TABLE 79 TAIWAN: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2020–2027 (THOUSAND UNITS)
12.3 EUROPE
FIGURE 39 EUROPE: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY COUNTRY, 2020 VS. 2027 (THOUSAND UNITS)
TABLE 80 EUROPE: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY COUNTRY, 2017–2019 (THOUSAND UNITS)
TABLE 81 EUROPE: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY COUNTRY, 2020–2027 (THOUSAND UNITS)
12.3.1 FRANCE
12.3.1.1 French government offering purchase grants will boost the demand
TABLE 82 FRANCE: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2017–2019 (THOUSAND UNITS)
TABLE 83 FRANCE: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2020–2027 (THOUSAND UNITS)
12.3.2 GERMANY
12.3.2.1 Leading players from the country to enter the electric two-wheeler segment
TABLE 84 GERMANY: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2017–2019 (THOUSAND UNITS)
TABLE 85 GERMANY: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2020–2027 (THOUSAND UNITS)
12.3.3 SPAIN
12.3.3.1 Increasing investments by the government in building charging infrastructure to boost the market
TABLE 86 SPAIN: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2017–2019 (THOUSAND UNITS)
TABLE 87 SPAIN: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2020–2027 (THOUSAND UNITS)
12.3.4 AUSTRIA
12.3.4.1 Austrian manufacturers are focusing on developing performance e-motorcycles
TABLE 88 AUSTRIA: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2017–2019 (THOUSAND UNITS)
TABLE 89 AUSTRIA: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2020–2027 (THOUSAND UNITS)
12.3.5 UK
12.3.5.1 Electric two-wheelers have started penetrating the four-wheeler dominated UK market
TABLE 90 UK: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2017–2019 (THOUSAND UNITS)
TABLE 91 UK: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2020–2027 (THOUSAND UNITS)
12.3.6 ITALY
12.3.6.1 Italian manufacturers are developing performance e-scooters and e-motorcycles
TABLE 92 ITALY: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2017–2019 (THOUSAND UNITS)
TABLE 93 ITALY: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2020–2027 (THOUSAND UNITS)
12.3.7 BELGIUM
12.3.7.1 The Belgian government is providing advanced charging facilities to promote electric two-wheelers
TABLE 94 BELGIUM: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2017–2019 (THOUSAND UNITS)
TABLE 95 BELGIUM: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2020–2027 (THOUSAND UNITS)
12.3.8 NETHERLANDS
12.3.8.1 The Netherlands is planning to phase out conventional ice two-wheelers in the future
TABLE 96 NETHERLANDS: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2017–2019 (THOUSAND UNITS)
TABLE 97 NETHERLANDS: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2020–2027 (THOUSAND UNITS)
12.3.9 POLAND
12.3.9.1 Poland moving toward greener commuting will boost demand
TABLE 98 POLAND: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2017–2019 (THOUSAND UNITS)
TABLE 99 POLAND: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2020–2027 (THOUSAND UNITS)
12.3.10 DENMARK
12.3.10.1 Government promoting private infrastructure is going to drive the market
TABLE 100 DENMARK: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2017–2019 (THOUSAND UNITS)
TABLE 101 DENMARK: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2020–2027 (THOUSAND UNITS)
12.4 NORTH AMERICA
FIGURE 40 NORTH AMERICA: ELECTRIC SCOOTER AND MOTORCYCLE MARKET SNAPSHOT
TABLE 102 NORTH AMERICA: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY COUNTRY, 2017–2019 (THOUSAND UNITS)
TABLE 103 NORTH AMERICA: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY COUNTRY, 2020–2027 (THOUSAND UNITS)
12.4.1 US
12.4.1.1 US government initiatives to control increasing pollution to boost the market
TABLE 104 US: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2017–2019 (THOUSAND UNITS)
TABLE 105 US: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2020–2027 (THOUSAND UNITS)
12.4.2 CANADA
12.4.2.1 Funding from the government to develop charging infrastructure to play an important role
TABLE 106 CANADA: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2017–2019 (THOUSAND UNITS)
TABLE 107 CANADA: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2020–2027 (THOUSAND UNITS)
13 COMPETITIVE LANDSCAPE (Page No. - 138)
13.1 OVERVIEW
13.2 MARKET EVALUATION FRAMEWORK
FIGURE 41 MARKET EVALUATION FRAMEWORK, 2017–2020
FIGURE 42 KEY DEVELOPMENTS BY LEADING PLAYERS, 2017–2020
13.3 MARKET SHARE ANALYSIS FOR ELECTRIC SCOOTER AND MOTORCYCLE MARKET
FIGURE 43 MARKET SHARE ANALYSIS, 2019
13.4 RANKING ANALYSIS FOR ELECTRIC SCOOTER AND MOTORCYCLE MARKET
FIGURE 44 MARKET RANKING ANALYSIS, 2019
13.5 MARKET SHARE OF TOP INDIAN PLAYERS IN THE INDIAN ELECTRIC SCOOTER AND MOTORCYCLE MARKET
13.6 BATTERY SUPPLIERS OF KEY PLAYERS IN THE INDIAN ELECTRIC SCOOTER AND MOTORCYCLE MARKET
13.7 COMPETITIVE SCENARIO
13.7.1 NEW PRODUCT LAUNCHES
TABLE 108 NEW PRODUCT LAUNCHES, 2017–2020
13.7.2 MERGERS & ACQUISITIONS
TABLE 109 MERGERS & ACQUISITIONS, 2017–2020
13.7.3 PARTNERSHIPS/COLLABORATIONS/ JOINT VENTURES/LICENSE AGREEMENTS
TABLE 110 PARTNERSHIPS/COLLABORATIONS/JOINT VENTURES/AGREEMENTS, 2017–2020
13.7.4 EXPANSIONS
TABLE 111 EXPANSIONS, 2017–2020
13.8 COMPETITIVE LEADERSHIP MAPPING (MAJOR ESTABLISHED PLAYERS)
13.8.1 STARS
13.8.2 EMERGING LEADERS
13.8.3 PERVASIVE PLAYERS
13.8.4 PARTICIPANTS
FIGURE 45 ELECTRIC SCOOTER AND MOTORCYCLE MARKET: COMPETITIVE LEADERSHIP MAPPING, 2020
13.9 STRENGTH OF PRODUCT PORTFOLIO
FIGURE 46 PRODUCT PORTFOLIO ANALYSIS OF TOP PLAYERS IN ELECTRIC SCOOTER AND MOTORCYCLE MARKET
13.1 BUSINESS STRATEGY EXCELLENCE
FIGURE 47 BUSINESS STRATEGY EXCELLENCE OF TOP PLAYERS IN ELECTRIC SCOOTER AND MOTORCYCLE MARKET
13.11 SME COMPETITIVE LEADERSHIP MAPPING (START-UP/SME/ EMERGING COMPANIES)
13.11.1 PROGRESSIVE COMPANY
13.11.2 RESPONSIVE COMPANIES
13.11.3 DYNAMIC COMPANIES
13.11.4 STARTING BLOCKS
FIGURE 48 SME ELECTRIC SCOOTER AND MOTORCYCLE MARKET: COMPETITIVE LEADERSHIP MAPPING, 2020
13.12 WINNERS VS. TAIL-ENDERS
TABLE 112 WINNERS VS. TAIL-ENDERS
14 COMPANY PROFILES (Page No. - 152)
(Business overview, Products offered, Recent developments & MnM View)*
14.1 YADEA GROUP HOLDING LTD.
FIGURE 49 YADEA GROUP HOLDINGS LTD.: COMPANY SNAPSHOT
14.2 JIANGSU XINRI E-VEHICLE CO., LTD.
FIGURE 50 JIANGSU XINRI E-VEHICLE: COMPANY SNAPSHOT
14.3 NIU INTERNATIONAL
FIGURE 51 NIU INTERNATIONAL: COMPANY SNAPSHOT
14.4 SILENCE URBAN ECOMOBILITY
14.5 HERO ELECTRIC
14.6 VMOTO LIMITED
FIGURE 52 VMOTO LIMITED: COMPANY SNAPSHOT
14.7 ENERGICA MOTOR COMPANY
FIGURE 53 ENERGICA MOTOR COMPANY: COMPANY SNAPSHOT
14.8 ZHEJIANG LUYUAN ELECTRIC VEHICLE CO., LTD.
14.9 ASKOLL
FIGURE 54 ASKOLL: COMPANY SNAPSHOT
14.1 GOVECS
14.11 GOGORO
14.12 OKINAWA AUTOTECH PVT. LTD.
(Business overview, Products offered, Recent developments & MnM View)*
14.13 OTHER KEY PLAYERS
14.13.1 NORTH AMERICA
14.13.1.1 Zero Motorcycles
14.13.1.2 Z Electric Vehicle
14.13.1.3 Harley Davidson
14.13.2 EUROPE
14.13.2.1 Čezeta
14.13.2.2 Johammer E-Mobility GmbH
14.13.2.3 Piaggio Group
14.13.2.4 KTM AG
14.13.2.5 BMW Group
14.13.3 ASIA
14.13.3.1 Ather Energy
14.13.3.2 AIMA Technology Group Co., Ltd.
14.13.3.3 Honda Motor Co., Ltd.
14.13.3.4 Ampere Vehicles
14.13.3.5 Dongguan Tailing Electric Vehicle Co., Ltd.
14.13.3.6 Terra Motors Corporation
14.13.3.7 Shandong Incalcu Electric Vehicle Co., Ltd.
14.13.3.8 Avan Motors India
14.13.3.9 Avon Cycles
14.13.3.10 Emflux Motors
14.13.3.11 TVS Motor Company
14.13.3.12 Bajaj Auto Ltd.
14.13.3.13 Mahindra & Mahindra
15 RECOMMENDATIONS BY MARKETSANDMARKETS (Page No. - 184)
15.1 JAPAN, KOREA, AND INDIA EMERGING AS PROMISING ALTERNATIVES TO CHINA FOR SUPPLY OF COMPONENTS
15.2 INDIA AND OTHER EMERGING MARKETS CAN BE KEY FOCUS AREA FOR MANUFACTURERS
15.3 CONCLUSION
16 APPENDIX (Page No. - 185)
16.1 KEY INSIGHTS OF INDUSTRY EXPERTS
16.2 DISCUSSION GUIDE
16.3 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
16.4 AVAILABLE CUSTOMIZATIONS
16.5 RELATED REPORTS
16.6 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, 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. Several primary interviews have been conducted with market experts from the demand- and supply-side OEMs (in terms of component supply, country-level government associations, and trade associations) and component manufacturers across three major regions, namely, Asia Pacific, Europe, North America. 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 2017 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, 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-scooter/moped and e-motorcycle)
- To segment and forecast the market by voltage type (36V, 48V, 60V, and 72V)
- To segment and forecast the market by technology type (plug-in and battery)
- 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 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 contribution 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 joint ventures, mergers & acquisitions, new product launches, and expansions, carried out by key industry participants
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)
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