Electric Scooter Market

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

Report Code: AT 7219 May, 2022, by marketsandmarkets.com

[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.

Electric Scooter and Motorcycle Market

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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.

Electric Scooter and Motorcycle Market by Region

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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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Scope of the Report

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)
A total of 33 major company profiles covered and provided

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.

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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 MARKET DEFINITION, BY BATTERY TYPE
           1.2.3 MARKET DEFINITION, BY TECHNOLOGY TYPE
           1.2.4 MARKET DEFINITION, BY VEHICLE CLASS
           1.2.5 MARKET DEFINITION, BY USAGE
    1.3 INCLUSIONS & EXCLUSIONS
          TABLE 1 INCLUSIONS & EXCLUSIONS FOR MARKET
    1.4 MARKET SCOPE
          FIGURE 1 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 10MARKET (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 MARKET, BY VEHICLE TYPE
           FIGURE 12 E-SCOOTERS/MOPEDS SEGMENT TO DOMINATE MARKET DURING FORECAST PERIOD (2022-2027) (THOUSAND UNITS)
    4.3 MARKET, BY BATTERY TYPE
           FIGURE 13 LITHIUM-ION TO BE FASTEST-GROWING SEGMENT, 2022 VS. 2027 (THOUSAND UNITS)
    4.4 MARKET, BY DISTANCE COVERED
           FIGURE 14 BELOW 75 MILES SEGMENT TO INFLUENCE LARGEST DEMAND, 2022 VS. 2027 (THOUSAND UNITS)
    4.5 MARKET, BY VOLTAGE
           FIGURE 15 48V SEGMENT TO COMMAND HIGHEST MARKET DEMAND, 2022 VS. 2027 (THOUSAND UNITS)
    4.6 MARKET, BY TECHNOLOGY
           FIGURE 16 PLUG-IN TO DRIVE MARKET SEGMENT, 2022 VS. 2027 (THOUSAND UNITS)
    4.7 MARKET, BY VEHICLE CLASS
           FIGURE 17 ECONOMY SEGMENT TO LEAD MARKET, 2022 VS. 2027 (THOUSAND UNITS)
    4.8 MARKET, BY USAGE
           FIGURE 18 PRIVATE USE SEGMENT TO SHOW HIGHEST GROWTH, 2022 VS. 2027 (THOUSAND UNITS)
    4.9 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 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 MARKET: ECOSYSTEM ANALYSIS
          TABLE 12 MARKET: ROLE OF COMPANIES IN ECOSYSTEM
    5.6 VALUE CHAIN ANALYSIS
          FIGURE 26 VALUE CHAIN ANALYSIS: MARKET
    5.7 PATENT ANALYSIS
          TABLE 13 IMPORTANT PATENT REGISTRATIONS RELATED TOMARKET
          FIGURE 27 GLOBALLY PUBLISHED PATENTS FOR 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: MARKET SIZE, BY REGION, 2022–2027 (THOUSAND UNITS)
           5.11.2 OPTIMISTIC SCENARIO
                     TABLE 19 OPTIMISTIC SCENARIO: MARKET SIZE, BY REGION, 2022–2027 (THOUSAND UNITS)
           5.11.3 PESSIMISTIC SCENARIO
                     TABLE 20 PESSIMISTIC SCENARIO: 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 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 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 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 MARKET SIZE FOR 75–100 MILES, BY REGION, 2017–2021 (THOUSAND UNITS)
                    TABLE 47 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 MARKET SIZE FOR ABOVE 100 MILES, BY REGION, 2017–2021 (THOUSAND UNITS)
                    TABLE 49 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 MARKET SIZE, BY VOLTAGE TYPE, 2017–2021 (THOUSAND UNITS)
          TABLE 51 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 MARKET, BY REGION, 2022 VS. 2027
             TABLE 91 MARKET ,BY REGION, 2017–2021 (THOUSAND UNITS)
             TABLE 92 MARKET ,BY REGION, 2022–2027 (THOUSAND UNITS)
     13.2 ASIA PACIFIC
             FIGURE 38 ASIA PACIFIC: MARKET SNAPSHOT
             TABLE 93 ASIA PACIFIC: MARKET, BY COUNTRY, 2017–2021 (THOUSAND UNITS)
             TABLE 94 ASIA PACIFIC: 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: 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: MARKET SIZE, BY VEHICLE TYPE, 2017–2021 (UNITS)
                                       TABLE 98 JAPAN: 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: 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: MARKET SIZE, BY VEHICLE TYPE, 2017–2021 (UNITS)
                                       TABLE 104 SOUTH KOREA: 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: 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 ΘEZETA
                        TABLE 209 ΘEZETA: 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.

Electric Scooter and Motorcycle Market Size, and Share

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)
Report Code
AT 7219
Published ON
May, 2022
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