Electric Scooter Market

Electric Scooter Market by Vehicle (E-Scooter/Moped, E-Motorcycle), Voltage (36V, 48V, 60V, 72V, Above 72V), Motor Type (Hub and Mid-drive), Battery (Li-ion and lead acid), Motor Power, Technology, Vehicle Class, Usage & Region - Global Forecast to 2030

Report Code: AT 7219 Jun, 2024, by marketsandmarkets.com

The global electric scooter market size was valued at USD 4.3 billion in 2024 and is expected to reach USD 12.4 billion by 2030, at a CAGR of 18.9% from 2024 to 2030. Many factors, such as the development of the infrastructure for charging, the increasing acceptability of electric scooters in developed countries, and the growing focus on environmental sustainability, are projected to contribute to the large growth in demand for these vehicles. Governments everywhere are pushing electric vehicles (EVs) hard to lessen the pollution that comes from conventional gasoline-powered cars. This has resulted in significant expenditures in charging infrastructure and increased market viability for electric scooters and motorbikes. The market is expanding due to rising fuel prices and the demand for energy-efficient transportation solutions.

New developments in the electric scooter market include lightweight raw materials, regenerative braking, IoT-enabled electric scooters, and smart manufacturing. These developments are expected to impact the current revenue mix of the electric scooter market. The next hot bets include swapping stations, faster charging stations, fuel cell electric scooters, solar recharging techniques, and solid-state batteries.

Electric Scooter Market

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Electric Scooter Market Opportunities

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Market Dynamics:

Driver: Increase in Battery Technology to enhance the driving range

One important part of an electric scooter is the battery. International research and development activities primarily focused on the electric scooter category are centred around technological advancements in batteries, particularly with regard to their charge density, which makes them more competitive and extractable. Manufacturers now give a range of charging options, such a vehicle refuelling portable charger that can be used in public spaces. Furthermore, charging stations are placed inside homes for convenience. The benefits of sustainable transportation are causing more people to become aware of the rapid advancements in EV battery technology. The battery manufacturers is focusing on developments in silicon anode, lithium-ion, and solid-state batteries as well as lithium-sulfur batteries. The three main areas of study are future improved lithium-ion (lithium metal, including lithium-sulfur and lithium-cobalt) batteries, standard lithium-ion batteries, and advanced lithium-ion employing an intermetallic anode (silicon alloy composite). The issue of range restriction in electric two-wheelers will be resolved by such quick advancements in battery technology, pushing consumers to favor electric scooters and motorbikes.

Restraint: Complaints with battery heating and lengthy charging times

Most makers of electric two-wheelers utilize lithium-ion batteries. Although lithium-ion batteries can store a lot of energy in a small space, they have a propensity to heat up quickly, and many of them catch fire in the case of a malfunction. Overheating can be caused by several factors. Lithium is a volatile substance. When the separator is positioned between the cathode and anode of the battery, a short circuit occurs. There have been many instances of electric motorcycles and scooters catching fire in India. For example, an electric scooter that was left parked in a house's garden in Tamil Nadu, India.

The Indian government ask manufacturers to postpone the launch of any new models due to the rise in battery- related fires in all-electric two-wheeler. Another concern is the possibility of battery explosions during inclement weather specially in summer, collisions, or accidents. A faulty battery has the potential to explode and release a lot of heat. This heat, which is referred to as "thermal runaway," can kill neighboring cells and trigger a domino effect. Another crucial factor to take into account is how long it takes to recharge electric scooters and motorbikes. Individuals are accustomed to filling up classic cars really rapidly.

Opportunity: Government agencies supporting electric two-wheelers

The electric scooters sales is expected to expand over time with growing backing from international as well as domestic governments. Many nations, like the France and Germany, have realised that switching to electric cars is crucial to lowering vehicle emissions. The Indian government plans to stop producing ICE two-wheelers under the 150 cc class by 2025. Other countries are enacting similar policies and strategies to promote the usage of electric two-wheelers. Even emerging nations have shown their dedication to promoting the usage of electric two-wheelers by enacting new legislation and modifying existing ones. Many nations have established organizations, organizations, and laws to promote the expansion of their markets. Furthermore, they have granted import-export rights and tax benefits to firms.

Challenge: Inadequate standardization, interchangeability, and compatibility

The market for electric scooters and motorcycles has been significantly constrained by the lack of standardized charging infrastructure. To create a supportive ecosystem and boost sales of electric two-wheelers, governments must standardize charging infrastructure. Private players must also devise and implement strategies to meet this challenge and build an ecosystem that will promote the expansion of electric two-wheelers. The demand for standardizing the infrastructure for charging has been heightened by factors like the expansion of the market for electric motorcycles and scooters and the variation in charging loads. charging stations work with a specific voltage type. For instance, level 1 AC charging stations deliver a voltage of 120 VAC, while level 2 AC charging stations deliver 208/240 VAC. On the other hand, DC charging stations use 480 VAC to deliver quick charging.

Due to the fast-growing dynamics of the electric two-wheeler market globally, there are many local unregistered market entrants that are importing electric two-wheelers from countries like Taiwan and China at comparatively lower prices without quality checks, creating a threat to the users of the products. Apart from this, the launch of new models to gain market share without proper testing, resulting in the underperformance of the vehicles, has caused a sense of doubt among customers about the adoption of EVs.

The two significant factors that challenge the implementation of charging infrastructure are the type of chargers used and their location. The lack of standardization of chargers across countries may slow down the growth of the electric scooter market. Some firm policies and market checks at the government's end would help resolve these challenges in the coming years.

Market Ecosystem

Top Companies in Electric Scooter Market

To propel the market, better battery technology and infrastructure for charging are required.

Battery alternatives with a voltage of 72 V often give greater power than those with a voltage of 36 V or 48 V. Better acceleration at greater speeds results from this. In situations when maximum performance is needed, 72 V batteries are typically chosen. These batteries are mostly used in high-performance electric motorcycles. Recent advancements in lithium-ion battery technology may allow manufacturers to address the high energy-to-weight ratio of high voltage batteries, such the 72 V. The 72 V battery-operated Photon electric scooter is made by Hero Electric. for those that wish to maintain performance without compromising. To meet the market's need for high-voltage electric scooters and motorbikes, automakers are launching new car types. For example, at the EICMA 2023 Milan motorbike Show in November 2023, Yadea Technology Group Co., Ltd.

debuted the Yadea Kemper electric motorbike. With a 72 V battery, the motorcycle's centrally located motor can provide 40 kW of peak power and 23 kW of continuous power, allowing it to reach a high speed of 160 km/h (99.4 mph).

Dominant use case in cities for short commutes to drive market

Electric two-wheelers were initially thought of as an alternative to daily metropolitan transportation. As a result, many electric motorcycles and scooters have a range of fewer than 50 miles. Within the electric scooter market, a significant category caters to riders seeking a convenient and eco-friendly option for shorter commutes and everyday errands. With a focus on portability and agility, economy scooters typically have a range of fewer than 75 miles between charges. Moreover, in comparison with their extended-range counterparts, the shorter range translates into a more affordable price point. This market niche prioritizes price and utility above longer travel choices, catering to a specific user base with shorter commutes.

Electric scooters and motorbikes typically have a range of fewer than 75 miles. For example, the G5 electric scooter by Yadea Technology Group Co., Ltd., the Hero Electric Optima Series & Flash Series, and Shiny from Jiangsu Xinri E-Vehicle Co., Ltd. have a range of less than 75 miles.

Asia Pacific is the largest market for electric scooter during the forecast period.

The electric scooter market has witnessed rapid year-on-year growth in the Asia Pacific region, which comprises some of the fastest-developing economies globally, such as China, Japan, and India. The electric scooter market has witnessed rapid growth year-on-year in the Asia Pacific region. India is one of the largest markets for electric scooters. Apart from the manufacturers recognizing the growth potential of the electric scooter market, the positives of electrification of two-wheelers, such as noise-free operation and low maintenance cost, have led to an increase in the development of electric two-wheelers over the years, catering not only to domestic demand but overseas demand as well. The increasing need for energy-efficient mobility in the region, together with further initiatives from the public and private sectors, is another driver of the market's growth. For instance, e-motorcycles built in Thailand with batteries that are less than 3 kWh are eligible for a USD 275 subsidy from the Thai government.

Asia Pacific Electric Scooter Market Size, and Share

Key Market Players

The Electric Scooter market is dominated by established players such as Yadea Technology Group Co., Ltd. (China), Ola Electric (India), TVS Motor Company (India), Ather Energy (India), Gogoro (Taiwan) and others. These companies manufacture and develop new electric scooters as per the market requirement. These companies adopted strategies such as product developments, deals, expansion and others to gain traction in the market.

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Scope of the Report

Report Metric

Details

Market size available for years

2019–2030

Base year considered

2023

Forecast period

2024-2030

Forecast units

Volume (Thousand Units) and Value (USD Million)

Segments Covered

Vehicle type, Motor Power, Motor type, Battery Type, Usage, Technology Type, Voltage Type, Distance Covered, Vehicle Class and Region

Geographies covered

Asia Pacific, Europe, and North America

Companies Covered

Yadea Technology Group Co., Ltd. (China), Ola Electric (India), TVS Motor Company (India), Ather Energy (India), Gogoro (Taiwan)
A total of 42 major company profiles were covered and provided.

This research report categorizes the electric scooter market based on Vehicle type, Motor Power, Motor type, Battery Type, Usage, Technology Type, Voltage Type, Distance Covered, Vehicle Class and Region.

Based on Vehicle Type:

  • E-scooters/Mopeds
  • E-motorcycles

Based on Battery Type:

  • Sealed Lead-acid
  • Lithium-ion

Based on Technology Type:

  • Plug-in
  • Battery

Based on Voltage Type:

  • 36V
  • 48V
  • 60V
  • 72V
  • Above 72V

Based on Distance Covered:

  • Below 75 miles
  • 75– 100 miles
  • Above 100 miles

Based on Vehicle Class:

  • Economy
  • Luxury

Based on Usage:

  • Private
  • Commercial

Based on Motor Type:

  • Hub Motors
  • Mid-drive Motors

Based on Motor Power:

  • Less than 1.5 kW
  • 1.5–3 kW
  • Above 3 kW

Based on the region:

  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Taiwan
    • Thailand
    • Indonesia
    • Malaysia
    • Vietnam
    • Philippines
  • North America
    • Canada
    • US
  • Europe
    • France
    • Germany
    • Spain
    • Austria
    • UK
    • Belgium
    • Netherlands
    • Italy
    • Poland
    • Denmark

Recent Developments

  • In April 2024, Ola Electric launched the S1 X scooter range, which includes 2 kWh, 3 kWh, and 4 kWh variants. The S1 X 4 kWh has a range of 190 km and can go from 0 to 14 km/h in 3.3 seconds.
  • In April 2024, Ather Energy introduced the Ather Rizta electric scooter with a 2.9 kWh battery, offering a range of 123 km.
  • In March 2024, Yadea Technology Group Co., Ltd. announced its plan to invest 352.0 million yuan (USD 49.4 million) to acquire the entire shares of Wuxi Lingbo Electronic Technology Co., Ltd., which specializes in the research, development, manufacturing, and sales of intelligent control system solutions. This acquisition will strengthen Yadea's technical capability and supply chain vertical integration in the electric two-wheeler industry, develop global markets, and lower production costs.
  • In December 2023, Gogoro opened a battery-swapping network in Delhi and Goa and plans to expand to Mumbai and Pune, Maharashtra, in the first half of 2024.
  • In November 2023, Vmoto Limited exhibited and launched new products, the APD e-motorcycle, the CPX Explorer e-moped, and a battery-swapping and charging station, at 2023 EICMA.
  • In March 2023, Hero Electric announced plans to increase its production capacity to 5 lakh units and meet market demand in the next 2–3 years with a new facility in Rajasthan, India. The company also plans to set up a greenfield plant in Rajasthan with an annual production capacity of 20 lakh units.

Frequently Asked Questions (FAQ):

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TABLE OF CONTENTS
 
1 INTRODUCTION (Page No. - 44)
    1.1 STUDY OBJECTIVES 
    1.2 MARKET DEFINITION 
           TABLE 1 ELECTRIC SCOOTER MARKET DEFINITION, BY VEHICLE TYPE
           TABLE 2 MARKET DEFINITION, BY BATTERY TYPE
           TABLE 3 MARKET DEFINITION, BY TECHNOLOGY TYPE
           TABLE 4 MARKET DEFINITION, BY VEHICLE CLASS
           TABLE 5 MARKET DEFINITION, BY USAGE
           TABLE 6 MARKET DEFINITION, BY MOTOR TYPE
           TABLE 7 MARKET DEFINITION, BY MOTOR POWER
           1.2.1 INCLUSIONS AND EXCLUSIONS
                    TABLE 8 MARKET: INCLUSIONS AND EXCLUSIONS
    1.3 STUDY SCOPE 
           FIGURE 1 MARKET SEGMENTATION
           1.3.1 REGIONS COVERED
           1.3.2 YEARS CONSIDERED
    1.4 CURRENCY CONSIDERED 
           TABLE 9 USD EXCHANGE RATES
    1.5 UNITS CONSIDERED 
    1.6 STAKEHOLDERS 
    1.7 SUMMARY OF CHANGES 
 
2 RESEARCH METHODOLOGY (Page No. - 52)
    2.1 RESEARCH DATA 
           FIGURE 2 ELECTRIC SCOOTER MARKET: RESEARCH DESIGN
           FIGURE 3 RESEARCH DESIGN MODEL
           2.1.1 SECONDARY DATA
                    2.1.1.1 Key data from secondary sources
                    2.1.1.2 List of secondary sources
           2.1.2 PRIMARY DATA
                    2.1.2.1 Breakdown of primary interviews
                    2.1.2.2 List of primary interview participants
    2.2 MARKET SIZE ESTIMATION 
           2.2.1 RECESSION IMPACT ANALYSIS
           2.2.2 BOTTOM-UP APPROACH
                    FIGURE 4 MARKET: BOTTOM-UP APPROACH
           2.2.3 TOP-DOWN APPROACH
                    FIGURE 5 MARKET: TOP-DOWN APPROACH
                    FIGURE 6 MARKET: RESEARCH APPROACH
                    FIGURE 7 MARKET ESTIMATION NOTES
    2.3 DATA TRIANGULATION 
           FIGURE 8 DATA TRIANGULATION
    2.4 FACTOR ANALYSIS 
           2.4.1 FACTOR ANALYSIS FOR MARKET SIZING: DEMAND AND SUPPLY SIDES
    2.5 RESEARCH ASSUMPTIONS 
    2.6 RESEARCH LIMITATIONS 
 
3 EXECUTIVE SUMMARY (Page No. - 66)
    FIGURE 9 REPORT SUMMARY 
    FIGURE 10 ELECTRIC SCOOTER MARKET, BY REGION, 2024 VS. 2030 (USD MILLION) 
    FIGURE 11 MARKET, BY VEHICLE TYPE, 2024 VS. 2030 (USD MILLION) 
    FIGURE 12 KEY PLAYERS IN MARKET 
 
4 PREMIUM INSIGHTS (Page No. - 70)
    4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN ELECTRIC SCOOTER MARKET 
           FIGURE 13 ADVANCEMENTS IN BATTERY TECHNOLOGY TO DRIVE MARKET
    4.2 MARKET, BY REGION 
           FIGURE 14 ASIA PACIFIC TO ACCOUNT FOR LARGEST MARKET SHARE IN 2024
    4.3 MARKET, BY VEHICLE TYPE 
           FIGURE 15 E-SCOOTERS/MOPEDS SEGMENT TO DOMINATE MARKET DURING FORECAST PERIOD
    4.4 MARKET, BY BATTERY TYPE 
           FIGURE 16 LITHIUM-ION SEGMENT TO DOMINATE MARKET DURING FORECAST PERIOD
    4.5 MARKET, BY DISTANCE COVERED 
           FIGURE 17 BELOW 75 MILES TO LEAD MARKET DURING FORECAST PERIOD
    4.6 MARKET, BY MOTOR TYPE 
           FIGURE 18 HUB MOTORS SEGMENT TO LEAD MARKET DURING FORECAST PERIOD
    4.7 MARKET, BY USAGE 
           FIGURE 19 COMMERCIAL SEGMENT TO REGISTER HIGHER CAGR THAN PRIVATE SEGMENT DURING FORECAST PERIOD
    4.8 MARKET, BY VEHICLE CLASS 
           FIGURE 20 ECONOMY SEGMENT TO HOLD LARGER MARKET SIZE THAN LUXURY SEGMENT DURING FORECAST PERIOD
    4.9 MARKET, BY TECHNOLOGY TYPE 
           FIGURE 21 PLUG-IN SEGMENT TO DOMINATE MARKET DURING FORECAST PERIOD
    4.10 MARKET, BY MOTOR POWER 
           FIGURE 22 LESS THAN 1.5 KW SEGMENT TO LEAD MARKET DURING FORECAST PERIOD
    4.11 MARKET, BY VOLTAGE TYPE 
                    FIGURE 23 60 V SEGMENT TO LEAD MARKET DURING FORECAST PERIOD
 
5 MARKET OVERVIEW (Page No. - 76)
    5.1 INTRODUCTION 
    5.2 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS 
           FIGURE 24 ELECTRIC SCOOTER MARKET: TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS
    5.3 MARKET DYNAMICS 
           FIGURE 25 MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
           5.3.1 DRIVERS
                    5.3.1.1 Rising environmental concerns
                               TABLE 10 TOP 10 ENVIRONMENTAL BENEFITS OF ELECTRIC SCOOTERS
                               FIGURE 26 GLOBAL SHARE OF ZERO-EMISSION TWO-WHEELER FLEET: ETS VS. NZS
                    5.3.1.2 Government incentives and subsidies
                               TABLE 11 ELECTRIFICATION TARGETS OF KEY COUNTRIES IN ASIA PACIFIC
                    5.3.1.3 Advancements in battery technology
                               FIGURE 27 EVOLUTION OF BATTERY TECHNOLOGIES
                    5.3.1.4 Implementation of battery-swapping technology
                               FIGURE 28 BATTERY SWAPPING SYSTEM
                    5.3.1.5 Rapid urbanization
                               FIGURE 29 SHARE OF URBAN POPULATION WORLDWIDE, BY CONTINENT (2023)
           5.3.2 RESTRAINTS
                    5.3.2.1 Low number of charging stations in emerging economies
                               TABLE 12 EV CHARGING POINTS, BY EMERGING ECONOMIES, 2023
                    5.3.2.2 Lack of power output and limited range
                               TABLE 13 MODEL-WISE DRIVING RANGE OF ELECTRIC SCOOTERS AND MOTORCYCLES
                    5.3.2.3 Battery heating issues and long charging time
                               TABLE 14 TIME REQUIRED TO CHARGE ELECTRIC SCOOTERS AND MOTORCYCLES
           5.3.3 OPPORTUNITIES
                    5.3.3.1 Government bodies backing electric two-wheelers
                               TABLE 15 KEY INITIATIVES BY GOVERNMENT BODIES IN EMERGING MARKETS
                    5.3.3.2 Decreasing prices of batteries
                               FIGURE 30 LITHIUM-ION BATTERY PRICE TREND, 2013–2023 (USD/KWH)
                    5.3.3.3 New revenue pockets in Asia Pacific and Europe
                    5.3.3.4 Use of IoT and smart infrastructure in electric two-wheeler charging stations for load management
                               FIGURE 31 SMART IOT-BASED TECHNOLOGY USED IN ELECTRIC TWO-WHEELER CHARGING STATIONS
           5.3.4 CHALLENGES
                    5.3.4.1 Initial investments and high cost of electricity
                               FIGURE 32 AVERAGE TOTAL COST OF CONVENTIONAL VS. ELECTRIC TWO-WHEELERS (2023)
                               TABLE 16 GLOBAL AVERAGE ELECTRICITY COST, 2023
                    5.3.4.2 Lack of compatibility, interchangeability, and standardization
                    5.3.4.3 Technological barriers related to battery development
                               FIGURE 33 TECHNOLOGICAL BARRIERS FOR ELECTRIC TWO-WHEELERS
                               TABLE 17 IMPACT OF MARKET DYNAMICS
    5.4 MNM INSIGHTS ON OEM PLANNING AND DEVELOPMENTS 
           TABLE 18 OEM PLANNING AND DEVELOPMENTS
    5.5 PRICING ANALYSIS 
           5.5.1 AVERAGE SELLING PRICE TRENDS, BY VEHICLE TYPE
                    TABLE 19 AVERAGE SELLING PRICE TRENDS, BY VEHICLE TYPE (USD MILLION)
           5.5.2 ELECTRIC SCOOTERS: AVERAGE SELLING PRICE, KEY PLAYERS
                    TABLE 20 ELECTRIC SCOOTERS: PRICE RANGE ANALYSIS
           5.5.3 ELECTRIC MOTORCYCLES: AVERAGE SELLING PRICE, KEY PLAYERS
                    TABLE 21 ELECTRIC MOTORCYCLES: PRICE RANGE ANALYSIS
                    TABLE 22 ELECTRIC SCOOTERS: PRICE RANGE ANALYSIS BY REGION
                    TABLE 23 ELECTRIC MOTORCYCLES: PRICE RANGE ANALYSIS BY REGION
    5.6 ECOSYSTEM ANALYSIS 
           FIGURE 34 ELECTRIC SCOOTER MARKET: ECOSYSTEM ANALYSIS
           TABLE 24 MARKET: ROLE OF COMPANIES IN ECOSYSTEM
    5.7 VALUE CHAIN ANALYSIS 
           FIGURE 35 MARKET: VALUE CHAIN ANALYSIS
    5.8 CASE STUDY ANALYSIS 
           5.8.1 INTEGRATION OF ELECTRIC SCOOTER WITH MOBILE APP
           5.8.2 HERO ELECTRIC PARTNERS WITH EBIKEGO TO TRANSFORM LAST-MILE DELIVERIES
           5.8.3 ZYPP ELECTRIC TO USE HERO ELECTRIC BIKES TO ELECTRIFY 100% LAST-MILE DELIVERY BY 2025
    5.9 PATENT ANALYSIS 
           FIGURE 36 NUMBER OF PATENTS GRANTED FOR MARKET, 2014–2024
           TABLE 25 IMPORTANT PATENT REGISTRATIONS RELATED TO MARKET
    5.10 ACOUSTIC VEHICLE ALERTING SYSTEMS (AVAS) IN ELECTRIC 2-WHEELERS 
    5.11 TECHNOLOGY ANALYSIS 
           5.11.1 KEY TECHNOLOGIES
                    5.11.1.1 Regenerative braking
                               FIGURE 37 REGENERATIVE BRAKING IN ELECTRIC TWO-WHEELERS
                    5.11.1.2 Solid-state battery (SSB)
           5.11.2 COMPLEMENTARY TECHNOLOGIES
                    5.11.2.1 Battery swapping in electric scooters
                               FIGURE 38 TCO OF ICE VS. BATTERY SWAPPING POWERED VEHICLES, 2022
                    5.11.2.2 Smart charging systems
                               FIGURE 39 SMART EV CHARGING SYSTEM
           5.11.3 ADJACENT TECHNOLOGIES
                    5.11.3.1 IoT in electric two-wheelers
                               FIGURE 40 SMART IOT SOLUTION FOR ELECTRIC TWO-WHEELER MANUFACTURERS
                    5.11.3.2 Shared mobility
                    5.11.3.3 Battery-related services
                    5.11.3.4 Hydrogen fuel cell
    5.12 INVESTMENT AND FUNDING SCENARIO 
                    FIGURE 41 INVESTMENT AND FUNDING SCENARIO, 2020–2024
    5.13 BILL OF MATERIALS 
                    TABLE 26 BILL OF MATERIALS OF ELECTRIC SCOOTERS IN 2024
                    TABLE 27 BILL OF MATERIALS OF ICE SCOOTERS IN 2024
    5.14 TOTAL COST OF OWNERSHIP 
                    FIGURE 42 TOTAL COST OF OWNERSHIP OF ELECTRIC VS. ICE SCOOTERS
                    TABLE 28 TCO COMPARISON: ELECTRIC VS. ICE SCOOTERS
    5.15 TRADE ANALYSIS 
                    TABLE 29 IMPORT AND EXPORT DATA FOR PRODUCTS UNDER HS CODE 871190, BY KEY COUNTRY, 2022 (USD MILLION)
    5.16 FUNCTIONAL SAFETY (FUSA) IN AUTOMOTIVE 
                    TABLE 30 AUTOMOTIVE SAFETY INTEGRITY LEVELS (ASIL) FOR AUTOMOTIVE INDUSTRY
                    FIGURE 43 ASIL FOR ELECTRIFICATION COMPONENTS IN ELECTRIC VEHICLES
           5.16.1 MAJOR FUNCTIONAL SAFETY (FUSA) USE CASES IN ELECTRIC VEHICLES
                    5.16.1.1 High-power vehicle architecture
                    5.16.1.2 Battery management systems
                    5.16.1.3 Current protection systems
                    5.16.1.4 Thermal management systems
           5.16.2 FUNCTIONAL SAFETY TRENDS
    5.17 REGULATORY LANDSCAPE 
           5.17.1 INDIA
                    TABLE 31 SUBSIDY UNDER FAME II, BY VEHICLE TYPE
                    TABLE 32 CENTRAL AND STATE TAXES AND FEES FOR SELECT VEHICLES IN INDIA
                    TABLE 33 INDIA: GOVERNMENT INCENTIVES, BY STATE
           5.17.2 THAILAND
           5.17.3 VIETNAM
           5.17.4 LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
                    TABLE 34 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
                    TABLE 35 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
                    TABLE 36 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
    5.18 KEY CONFERENCES AND EVENTS 
                    TABLE 37 ELECTRIC SCOOTER MARKET: LIST OF KEY CONFERENCES AND EVENTS, 2024–2025
    5.19 KEY STAKEHOLDERS AND BUYING CRITERIA 
           5.19.1 KEY STAKEHOLDERS IN BUYING PROCESS
                    FIGURE 44 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR ELECTRIC SCOOTERS
                    TABLE 38 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR ELECTRIC SCOOTERS (%)
           5.19.2 BUYING CRITERIA
                    5.19.2.1 Food delivery
                    5.19.2.2 Postal services
                    5.19.2.3 Municipal services
                               FIGURE 45 KEY BUYING CRITERIA
                               TABLE 39 KEY BUYING CRITERIA
 
6 ELECTRIC SCOOTER MARKET, BY BATTERY TYPE (Page No. - 131)
    6.1 INTRODUCTION 
           TABLE 40 LITHIUM-ION VS. LEAD-ACID BATTERIES
           FIGURE 46 MARKET, BY BATTERY TYPE, 2024 VS. 2030 (USD MILLION)
           TABLE 41 MARKET, BY BATTERY TYPE, 2019–2023 (THOUSAND UNITS)
           TABLE 42 MARKET, BY BATTERY TYPE, 2024–2030 (THOUSAND UNITS)
           TABLE 43 MARKET, BY BATTERY TYPE, 2019–2023 (USD MILLION)
           TABLE 44 MARKET, BY BATTERY TYPE, 2024–2030 (USD MILLION)
           6.1.1 OPERATIONAL DATA
                    TABLE 45 POPULAR ELECTRIC SCOOTERS AND THEIR BATTERIES
    6.2 SEALED LEAD-ACID 
           6.2.1 LOW RANGE AND PERFORMANCE TO DECREASE DEMAND
                    TABLE 46 SEALED LEAD-ACID: ELECTRIC SCOOTER MARKET, BY REGION, 2019–2023 (THOUSAND UNITS)
                    TABLE 47 SEALED LEAD-ACID: MARKET, BY REGION, 2024–2030 (THOUSAND UNITS)
                    TABLE 48 SEALED LEAD-ACID: MARKET, BY REGION, 2019–2023 (USD MILLION)
                    TABLE 49 SEALED LEAD-ACID: MARKET, BY REGION, 2024–2030 (USD MILLION)
    6.3 LITHIUM-ION 
           6.3.1 ADVANCEMENTS IN BATTERY TECHNOLOGY TO DRIVE MARKET
                    TABLE 50 COMPARATIVE EVALUATION OF ELECTRIC VEHICLES USING LITHIUM-ION BATTERIES
                    TABLE 51 LITHIUM-ION: MARKET, BY REGION, 2019–2023 (THOUSAND UNITS)
                    TABLE 52 LITHIUM-ION: MARKET, BY REGION, 2024–2030 (THOUSAND UNITS)
                    TABLE 53 LITHIUM-ION: MARKET, BY REGION, 2019–2023 (USD MILLION)
                    TABLE 54 LITHIUM-ION: MARKET, BY REGION, 2024–2030 (USD MILLION)
    6.4 NICKEL METAL HYDRIDE 
    6.5 SODIUM-ION 
    6.6 PRIMARY INSIGHTS 
 
7 ELECTRIC SCOOTER MARKET, BY DISTANCE COVERED (Page No. - 141)
    7.1 INTRODUCTION 
           FIGURE 47 MARKET, BY DISTANCE COVERED, 2024 VS. 2030 (USD MILLION)
           TABLE 55 MARKET, BY DISTANCE COVERED, 2019–2023 (THOUSAND UNITS)
           TABLE 56 MARKET, BY DISTANCE COVERED 2024–2030 (THOUSAND UNITS)
           TABLE 57 MARKET, BY DISTANCE COVERED, 2019–2023 (USD MILLION)
           TABLE 58 MARKET, BY DISTANCE COVERED, 2024–2030 (USD MILLION)
           7.1.1 OPERATIONAL DATA
                    TABLE 59 POPULAR ELECTRIC SCOOTERS/MOPEDS AND MOTORCYCLES WITH RANGE
    7.2 BELOW 75 MILES 
           7.2.1 DOMINANT USE CASE IN CITIES FOR SHORT COMMUTES TO DRIVE MARKET
                    TABLE 60 BELOW 75 MILES: ELECTRIC SCOOTER MARKET, BY REGION, 2019–2023 (THOUSAND UNITS)
                    TABLE 61 BELOW 75 MILES: MARKET, BY REGION, 2024–2030 (THOUSAND UNITS)
                    TABLE 62 BELOW 75 MILES: MARKET, BY REGION, 2019–2023 (USD MILLION)
                    TABLE 63 BELOW 75 MILES: MARKET, BY REGION, 2024–2030 (USD MILLION)
    7.3 75–100 MILES 
           7.3.1 VERSATILITY AND RANGE ANXIETY REDUCTION TO DRIVE MARKET
                    TABLE 64 75–100 MILES: MARKET, BY REGION, 2019–2023 (THOUSAND UNITS)
                    TABLE 65 75–100 MILES: MARKET, BY REGION, 2024–2030 (THOUSAND UNITS)
                    TABLE 66 75–100 MILES: MARKET, BY REGION, 2019–2023 (USD MILLION)
                    TABLE 67 75–100 MILES: MARKET, BY REGION, 2024–2030 (USD MILLION)
    7.4 ABOVE 100 MILES 
           7.4.1 DEVELOPMENTS IN BATTERY TECHNOLOGY TO DRIVE MARKET
                    TABLE 68 ABOVE 100 MILES: MARKET, BY REGION, 2019–2023 (THOUSAND UNITS)
                    TABLE 69 ABOVE 100 MILES: MARKET, BY REGION, 2024–2030 (THOUSAND UNITS)
                    TABLE 70 ABOVE 100 MILES: MARKET, BY REGION, 2019–2023 (USD MILLION)
                    TABLE 71 ABOVE 100 MILES: MARKET, BY REGION, 2024–2030 (USD MILLION)
    7.5 PRIMARY INSIGHTS 
 
8 ELECTRIC SCOOTER MARKET, BY VOLTAGE TYPE (Page No. - 151)
    8.1 INTRODUCTION 
           FIGURE 48 ELECTRIC SCOOTERS OFFERED BY OEMS, BY VOLTAGE TYPE
           FIGURE 49 MARKET, BY VOLTAGE TYPE, 2024 VS. 2030 (USD MILLION)
           TABLE 72 MARKET, BY VOLTAGE TYPE, 2019–2023 (THOUSAND UNITS)
           TABLE 73 MARKET, BY VOLTAGE TYPE, 2024–2030 (THOUSAND UNITS)
           TABLE 74 MARKET, BY VOLTAGE TYPE, 2019–2023 (USD MILLION)
           TABLE 75 MARKET, BY VOLTAGE TYPE, 2024–2030 (USD MILLION)
           8.1.1 OPERATIONAL DATA
                    TABLE 76 POPULAR E-SCOOTER/MOPED AND E-MOTORCYCLE MODELS AND THEIR BATTERY VOLTAGE
    8.2 36 V 
           8.2.1 INCREASING DEMAND FOR SHORT COMMUTES TO DRIVE SEGMENT
                    TABLE 77 36 V: ELECTRIC SCOOTER MARKET, BY REGION, 2019–2023 (THOUSAND UNITS)
                    TABLE 78 36 V: MARKET, BY REGION, 2024–2030 (THOUSAND UNITS)
                    TABLE 79 36 V: MARKET, BY REGION, 2019–2023 (USD MILLION)
                    TABLE 80 36 V: MARKET, BY REGION, 2024–2030 (USD MILLION)
    8.3 48 V 
           8.3.1 NEED FOR ADEQUATE POWER AND RANGE FOR URBAN AND SUBURBAN COMMUTING TO DRIVE SEGMENT
                    TABLE 81 48 V: MARKET, BY REGION, 2019–2023 (THOUSAND UNITS)
                    TABLE 82 48 V: MARKET, BY REGION, 2024–2030 (THOUSAND UNITS)
                    TABLE 83 48 V: MARKET, BY REGION, 2019–2023 (USD MILLION)
                    TABLE 84 48 V: MARKET, BY REGION, 2024–2030 (USD MILLION)
    8.4 60 V 
           8.4.1 EMERGING DEMAND FOR HIGH-PERFORMANCE ELECTRIC SCOOTERS TO DRIVE SEGMENT
                    TABLE 85 60 V: ELECTRIC SCOOTER MARKET, BY REGION, 2019–2023 (THOUSAND UNITS)
                    TABLE 86 60 V: MARKET, BY REGION, 2024–2030 (THOUSAND UNITS)
                    TABLE 87 60 V: MARKET, BY REGION, 2019–2023 (USD MILLION)
                    TABLE 88 60 V: MARKET, BY REGION, 2024–2030 (USD MILLION)
    8.5 72 V 
           8.5.1 IMPROVED BATTERY TECHNOLOGY AND CHARGING INFRASTRUCTURE TO DRIVE SEGMENT
                    TABLE 89 72 V: MARKET, BY REGION, 2019–2023 (THOUSAND UNITS)
                    TABLE 90 72 V: MARKET, BY REGION, 2024–2030 (THOUSAND UNITS)
                    TABLE 91 72 V: MARKET, BY REGION, 2019–2023 (USD MILLION)
                    TABLE 92 72 V: MARKET, BY REGION, 2024–2030 (USD MILLION)
    8.6 ABOVE 72 V 
           8.6.1 INCREASED RANGE POTENTIAL AND HIGH-PERFORMANCE NEEDS TO DRIVE SEGMENT
                    TABLE 93 ABOVE 72 V: MARKET, BY REGION, 2019–2023 (THOUSAND UNITS)
                    TABLE 94 ABOVE 72 V: MARKET, BY REGION, 2024–2030 (THOUSAND UNITS)
                    TABLE 95 ABOVE 72 V: MARKET, BY REGION, 2019–2023 (USD MILLION)
                    TABLE 96 ABOVE 72 V: MARKET, BY REGION, 2024–2030 (USD MILLION)
    8.7 KEY PRIMARY INSIGHTS 
 
9 ELECTRIC SCOOTER MARKET, BY TECHNOLOGY TYPE (Page No. - 167)
    9.1 INTRODUCTION 
           FIGURE 50 MARKET, BY TECHNOLOGY TYPE, 2024 VS.2030 (USD MILLION)
           TABLE 97 MARKET, BY TECHNOLOGY TYPE, 2019–2023 (THOUSAND UNITS)
           TABLE 98 MARKET, BY TECHNOLOGY TYPE, 2024–2030 (THOUSAND UNITS)
           TABLE 99 MARKET, BY TECHNOLOGY TYPE, 2019–2023 (USD MILLION)
           TABLE 100 MARKET, BY TECHNOLOGY TYPE, 2024–2030 (USD MILLION)
           9.1.1 OPERATIONAL DATA
                    TABLE 101 E-SCOOTER/MOPED AND E-MOTORCYCLE MODELS WITH DIFFERENT CHARGING TECHNOLOGIES
                    TABLE 102 PLUG-IN CHARGING VS. BATTERY CHARGING
    9.2 PLUG-IN 
           9.2.1 INCREASING NUMBER OF PUBLIC FAST CHARGING STATIONS FOR ELECTRIC TWO-WHEELERS TO DRIVE MARKET
                    TABLE 103 PLUG-IN: ELECTRIC SCOOTER MARKET, BY REGION, 2019–2023 (THOUSAND UNITS)
                    TABLE 104 PLUG-IN: MARKET, BY REGION, 2024–2030 (THOUSAND UNITS)
                    TABLE 105 PLUG-IN: MARKET, BY REGION, 2019–2023 (USD MILLION)
                    TABLE 106 PLUG-IN: MARKET, BY REGION, 2024–2030 (USD MILLION)
    9.3 BATTERY 
           9.3.1 DEVELOPMENT OF FAST-CHARGING TECHNOLOGIES OF BATTERY SWAPPING IN SCOOTERS AND MOTORCYCLES TO DRIVE MARKET
                    TABLE 107 BATTERY: MARKET, BY REGION, 2019–2023 (THOUSAND UNITS)
                    TABLE 108 BATTERY: MARKET, BY REGION, 2024–2030 (THOUSAND UNITS)
                    TABLE 109 BATTERY: MARKET, BY REGION, 2019–2023 (USD MILLION)
                    TABLE 110 BATTERY: MARKET, BY REGION, 2024–2030 (USD MILLION))
    9.4 PRIMARY INSIGHTS 
 
10 ELECTRIC SCOOTER MARKET, BY VEHICLE CLASS (Page No. - 176)
     10.1 INTRODUCTION 
               FIGURE 51 MARKET, BY VEHICLE CLASS, 2024 VS. 2030 (USD MILLION)
               TABLE 111 MARKET, BY VEHICLE CLASS, 2019–2023 (THOUSAND UNITS)
               TABLE 112 MARKET, BY VEHICLE CLASS, 2024–2030 (THOUSAND UNITS)
               TABLE 113 MARKET, BY VEHICLE CLASS, 2019–2023 (USD MILLION)
               TABLE 114 MARKET, BY VEHICLE CLASS, 2024–2030 (USD MILLION)
             10.1.1 OPERATIONAL DATA
                       TABLE 115 E-SCOOTER/MOPED AND E-MOTORCYCLE MODELS WORLDWIDE
     10.2 ECONOMY 
             10.2.1 AVAILABILITY OF BUDGET-FRIENDLY FINANCING AND LEASING OPTIONS TO DRIVE MARKET
                       TABLE 116 ECONOMY: MARKET, BY REGION, 2019–2023 (THOUSAND UNITS)
                       TABLE 117 ECONOMY: MARKET, BY REGION, 2024–2030 (THOUSAND UNITS)
                       TABLE 118 ECONOMY: MARKET, BY REGION, 2019–2023 (USD MILLION)
                       TABLE 119 ECONOMY: MARKET, BY REGION, 2024–2030 (USD MILLION))
     10.3 LUXURY 
             10.3.1 DEMAND FOR PREMIUM FEATURES AND TECHNOLOGY IN ELECTRIC TWO-WHEELERS TO DRIVE MARKET
                       TABLE 120 LUXURY: MARKET, BY REGION, 2019–2023 (THOUSAND UNITS)
                       TABLE 121 LUXURY: MARKET, BY REGION, 2024–2030 (THOUSAND UNITS)
                       TABLE 122 LUXURY: MARKET, BY REGION, 2019–2023 (USD MILLION)
                       TABLE 123 LUXURY: MARKET, BY REGION, 2024–2030 (USD MILLION)
     10.4 PRIMARY INSIGHTS 
 
11 ELECTRIC SCOOTER MARKET, BY VEHICLE TYPE (Page No. - 185)
     11.1 INTRODUCTION 
               TABLE 124 CONVENTIONAL VS. BATTERY ELECTRIC SCOOTER/MOPED AND MOTORCYCLE
               FIGURE 52 MARKET, BY VEHICLE TYPE, 2024 VS. 2030 (USD MILLION)
               TABLE 125 MARKET, BY VEHICLE TYPE, 2019–2023 (THOUSAND UNITS)
               TABLE 126 MARKET, BY VEHICLE TYPE, 2024–2030 (THOUSAND UNITS)
               TABLE 127 MARKET, BY VEHICLE TYPE, 2019–2023 (USD MILLION)
               TABLE 128 MARKET, BY VEHICLE TYPE, 2024–2030 (USD MILLION)
             11.1.1 OPERATIONAL DATA
                       TABLE 129 POPULAR E-SCOOTER/MOPED AND E-MOTORCYCLE MODELS WORLDWIDE
                       TABLE 130 ELECTRIC SCOOTER LAUNCHES, 2024–2025
     11.2 E-SCOOTERS/MOPEDS 
             11.2.1 GROWING FOCUS ON REDUCED EMISSIONS AND SUSTAINABLE MODELS TO DRIVE MARKET
                       TABLE 131 E-SCOOTERS/MOPEDS: ELECTRIC SCOOTER MARKET, BY REGION, 2019–2023 (THOUSAND UNITS)
                       TABLE 132 E-SCOOTERS/MOPEDS: MARKET, BY REGION, 2024–2030 (THOUSAND UNITS)
                       TABLE 133 E-SCOOTERS/MOPEDS: MARKET, BY REGION, 2019–2023 (USD MILLION)
                       TABLE 134 E-SCOOTERS/MOPEDS: MARKET, BY REGION, 2024–2030 (USD MILLION))
     11.3 E-MOTORCYCLES 
             11.3.1 RISING DEMAND FOR HIGH-PERFORMANCE AND LOW-MAINTENANCE MODELS TO DRIVE MARKET
                       TABLE 135 E-MOTORCYCLES: MARKET, BY REGION, 2019–2023 (THOUSAND UNITS)
                       TABLE 136 E-MOTORCYCLES: MARKET, BY REGION, 2024–2030 (THOUSAND UNITS)
                       TABLE 137 E-MOTORCYCLES: MARKET, BY REGION, 2019–2023 (USD MILLION)
                       TABLE 138 E-MOTORCYCLES: MARKET, BY REGION, 2024–2030 (USD MILLION))
     11.4 KEY PRIMARY INSIGHTS 
 
12 ELECTRIC SCOOTER MARKET, BY USAGE (Page No. - 196)
     12.1 INTRODUCTION 
               FIGURE 53 MARKET, BY USAGE, 2024 VS. 2030 (USD MILLION)
               TABLE 139 MARKET, BY USAGE, 2019–2023 (THOUSAND UNITS)
               TABLE 140 MARKET, BY USAGE, 2024–2030 (THOUSAND UNITS)
               TABLE 141 MARKET, BY USAGE, 2019–2023 (USD MILLION)
               TABLE 142 MARKET, BY USAGE, 2024–2030 (USD MILLION)
             12.1.1 OPERATIONAL DATA
                       TABLE 143 E-SCOOTER/MOPED AND E-MOTORCYCLE MODELS BY USAGE
     12.2 PRIVATE 
             12.2.1 NEW RANGE OF PRODUCTS WITH REDUCED PRICES TO DRIVE MARKET
                       TABLE 144 PRIVATE: ELECTRIC SCOOTER MARKET, BY REGION, 2019–2023 (THOUSAND UNITS)
                       TABLE 145 PRIVATE: MARKET, BY REGION, 2024–2030 (THOUSAND UNITS)
                       TABLE 146 PRIVATE: MARKET, BY REGION, 2019–2023 (USD MILLION)
                       TABLE 147 PRIVATE: MARKET, BY REGION, 2024–2030 (USD MILLION))
     12.3 COMMERCIAL 
             12.3.1 OPERATIONAL AND COST EFFICIENCY TO DRIVE MARKET
                       TABLE 148 COMMERCIAL: MARKET, BY REGION, 2019–2023 (THOUSAND UNITS)
                       TABLE 149 COMMERCIAL: MARKET, BY REGION, 2024–2030 (THOUSAND UNITS)
                       TABLE 150 COMMERCIAL: MARKET, BY REGION, 2019–2023 (USD MILLION)
                       TABLE 151 COMMERCIAL: MARKET, BY REGION, 2024–2030 (USD MILLION))
     12.4 PRIMARY INSIGHTS 
 
13 ELECTRIC SCOOTER MARKET, BY MOTOR TYPE (Page No. - 204)
     13.1 INTRODUCTION 
               FIGURE 54 MARKET, BY MOTOR TYPE, 2024 VS. 2030 (USD MILLION)
               TABLE 152 MARKET, BY MOTOR TYPE, 2019–2023 (THOUSAND UNITS)
               TABLE 153 MARKET, BY MOTOR TYPE, 2024–2030 (THOUSAND UNITS)
               TABLE 154 MARKET, BY MOTOR TYPE, 2019–2023 (USD MILLION)
               TABLE 155 MARKET, BY MOTOR TYPE, 2024–2030 (USD MILLION)
             13.1.1 OPERATIONAL DATA
                       TABLE 156 POPULAR E-SCOOTER/MOPED AND E-MOTORCYCLE MODELS, BY MOTOR TYPE
     13.2 MID-DRIVE MOTORS 
             13.2.1 HIGH TORQUE ADVANTAGE OF MID-DRIVE MOTORS TO DRIVE MARKET
                       TABLE 157 MID-DRIVE MOTORS: MARKET, BY REGION, 2019–2023 (THOUSAND UNITS)
                       TABLE 158 MID-DRIVE MOTORS: MARKET, BY REGION, 2024–2030 (THOUSAND UNITS)
                       TABLE 159 MID-DRIVE MOTORS: MARKET, BY REGION, 2019–2023 (USD MILLION)
                       TABLE 160 MID-DRIVE MOTORS: MARKET, BY REGION, 2024–2030 (USD MILLION)
     13.3 HUB MOTORS 
             13.3.1 INCREASING PRODUCTION OF VEHICLES WITH IN-WHEEL ELECTRIC MOTORS TO DRIVE MARKET
                       TABLE 161 HUB MOTORS: MARKET, BY REGION, 2019–2023 (THOUSAND UNITS)
                       TABLE 162 HUB MOTORS: MARKET, BY REGION, 2024–2030 (THOUSAND UNITS)
                       TABLE 163 HUB MOTORS: MARKET, BY REGION, 2019–2023 (USD MILLION)
                       TABLE 164 HUB MOTORS: MARKET, BY REGION, 2024–2030 (USD MILLION)
     13.4 OTHERS 
     13.5 PRIMARY INSIGHTS 
 
14 ELECTRIC SCOOTER MARKET, BY MOTOR POWER (Page No. - 212)
     14.1 INTRODUCTION 
               FIGURE 55 MARKET, BY MOTOR POWER, 2024 VS. 2030 (USD MILLION)
               TABLE 165 MARKET, BY MOTOR POWER, 2019–2023 (THOUSAND UNITS)
               TABLE 166 MARKET, BY MOTOR POWER, 2024–2030 (THOUSAND UNITS)
               TABLE 167 MARKET, BY MOTOR POWER, 2019–2023 (USD MILLION)
               TABLE 168 MARKET, BY MOTOR POWER, 2024–2030 (USD MILLION)
             14.1.1 OPERATIONAL DATA
                       TABLE 169 POPULAR E-SCOOTER/MOPED AND E-MOTORCYCLE MODELS, BY MOTOR POWER
     14.2 LESS THAN 1.5 KW 
             14.2.1 LOWER PRICE TAG THAN HIGHER-POWERED MODELS TO DRIVE MARKET
                       TABLE 170 LESS THAN 1.5 KW: MARKET, BY REGION, 2019–2023 (THOUSAND UNITS)
                       TABLE 171 LESS THAN 1.5 KW: MARKET, BY REGION, 2024–2030 (THOUSAND UNITS)
                       TABLE 172 LESS THAN 1.5 KW: MARKET, BY REGION, 2019–2023 (USD MILLION)
                       TABLE 173 LESS THAN 1.5 KW: MARKET, BY REGION, 2024–2030 (USD MILLION)
     14.3 1.5–3 KW 
             14.3.1 IMPROVED PERFORMANCE COMPARED TO LOWER-POWERED MODELS TO DRIVE MARKET
                       TABLE 174 1.5–3 KW: MARKET, BY REGION, 2019–2023 (THOUSAND UNITS)
                       TABLE 175 1.5–3 KW: MARKET, BY REGION, 2024–2030 (THOUSAND UNITS)
                       TABLE 176 1.5–3 KW: MARKET, BY REGION, 2019–2023 (USD MILLION)
                       TABLE 177 1.5–3 KW: MARKET, BY REGION, 2024–2030 (USD MILLION)
     14.4 ABOVE 3 KW 
             14.4.1 DEMAND FOR HIGH SPEED AND ACCELERATION WITH LONGER RANGE TO DRIVE MARKET
                       TABLE 178 ABOVE 3 KW: ELECTRIC SCOOTER MARKET, BY REGION, 2019–2023 (THOUSAND UNITS)
                       TABLE 179 ABOVE 3 KW: MARKET, BY REGION, 2024–2030 (THOUSAND UNITS)
                       TABLE 180 ABOVE 3 KW: MARKET, BY REGION, 2019–2023 (USD MILLION)
                       TABLE 181 ABOVE 3 KW: MARKET, BY REGION, 2024–2030 (USD MILLION)
     14.5 KEY PRIMARY INSIGHTS 
 
15 ELECTRIC SCOOTER MARKET, BY REGION (Page No. - 223)
     15.1 INTRODUCTION 
               FIGURE 56 MARKET, BY REGION, 2024 VS. 2030
               TABLE 182 MARKET, BY REGION, 2019–2023 (THOUSAND UNITS)
               TABLE 183 MARKET, BY REGION, 2024–2030 (THOUSAND UNITS)
               TABLE 184 MARKET, BY REGION, 2019–2023 (USD MILLION)
               TABLE 185 MARKET, BY REGION, 2024–2030 (USD MILLION)
     15.2 ASIA PACIFIC 
             15.2.1 ASIA PACIFIC: RECESSION IMPACT
                       FIGURE 57 ASIA PACIFIC: ELECTRIC SCOOTER MARKET SNAPSHOT
                       TABLE 186 ASIA PACIFIC: MARKET, BY COUNTRY, 2019–2023 (THOUSAND UNITS)
                       TABLE 187 ASIA PACIFIC: MARKET, BY COUNTRY, 2024–2030 (THOUSAND UNITS)
                       TABLE 188 ASIA PACIFIC: MARKET, BY COUNTRY, 2019–2023 (USD MILLION)
                       TABLE 189 ASIA PACIFIC: MARKET, BY COUNTRY, 2024–2030 (USD MILLION)
             15.2.2 CHINA
                       15.2.2.1 Improved charging infrastructure to drive market
                                   TABLE 190 CHINA: MARKET, BY VEHICLE TYPE, 2019–2023 (UNITS)
                                   TABLE 191 CHINA: MARKET, BY VEHICLE TYPE, 2024–2030 (UNITS)
                                   TABLE 192 CHINA: MARKET, BY VEHICLE TYPE, 2019–2023 (USD MILLION)
                                   TABLE 193 CHINA: MARKET, BY VEHICLE TYPE, 2024–2030 (USD MILLION)
             15.2.3 JAPAN
                       15.2.3.1 Development of advanced electric two-wheelers to drive market
                                   TABLE 194 JAPAN: MARKET, BY VEHICLE TYPE, 2019–2023 (UNITS)
                                   TABLE 195 JAPAN: MARKET, BY VEHICLE TYPE, 2024–2030 (UNITS)
                                   TABLE 196 JAPAN: MARKET, BY VEHICLE TYPE, 2019–2023 (USD MILLION)
                                   TABLE 197 JAPAN: MARKET, BY VEHICLE TYPE, 2024–2030 (USD MILLION)
             15.2.4 INDIA
                       15.2.4.1 Expansion of manufacturing facilities to boost market
                                   TABLE 198 UPCOMING ELECTRIC SCOOTERS IN INDIA
                                   TABLE 199 INDIA: MARKET, BY VEHICLE TYPE, 2019–2023 (UNITS)
                                   TABLE 200 INDIA: MARKET, BY VEHICLE TYPE, 2024–2030 (UNITS)
                                   TABLE 201 INDIA: MARKET, BY VEHICLE TYPE, 2019–2023 (USD MILLION)
                                   TABLE 202 INDIA: MARKET, BY VEHICLE TYPE, 2024–2030 (USD MILLION)
             15.2.5 SOUTH KOREA
                       15.2.5.1 Introduction of new vehicle models by domestic manufacturers to support market growth
                                   TABLE 203 SOUTH KOREA: ELECTRIC SCOOTER MARKET, BY VEHICLE TYPE, 2019–2023 (UNITS)
                                   TABLE 204 SOUTH KOREA: MARKET, BY VEHICLE TYPE, 2024–2030 (UNITS)
                                   TABLE 205 SOUTH KOREA: MARKET, BY VEHICLE TYPE, 2019–2023 (USD MILLION)
                                   TABLE 206 SOUTH KOREA: MARKET, BY VEHICLE TYPE, 2024–2030 (USD MILLION)
             15.2.6 TAIWAN
                       15.2.6.1 Advancements in charging infrastructure to support market growth
                                   TABLE 207 TAIWAN: MARKET, BY VEHICLE TYPE, 2019–2023 (UNITS)
                                   TABLE 208 TAIWAN: MARKET, BY VEHICLE TYPE, 2024–2030 (UNITS)
                                   TABLE 209 TAIWAN: MARKET, BY VEHICLE TYPE, 2019–2023 (USD MILLION)
                                   TABLE 210 TAIWAN: MARKET, BY VEHICLE TYPE, 2024–2030 (USD MILLION)
             15.2.7 THAILAND
                       15.2.7.1 Strong government support for EV adoption to drive market
                                   TABLE 211 THAILAND: MARKET, BY VEHICLE TYPE, 2019–2023 (UNITS)
                                   TABLE 212 THAILAND: MARKET, BY VEHICLE TYPE, 2024–2030 (UNITS)
                                   TABLE 213 THAILAND: MARKET, BY VEHICLE TYPE, 2019–2023 (USD MILLION)
                                   TABLE 214 THAILAND: MARKET, BY VEHICLE TYPE, 2024–2030 (USD MILLION)
             15.2.8 INDONESIA
                       15.2.8.1 Government support for two-wheeler electrification to boost market
                                   FIGURE 58 INDONESIA: ROADMAP FOR ELECTRIC MOTORCYCLE CHARGING INFRASTRUCTURE
                                   TABLE 215 INDONESIA: ELECTRIC SCOOTER MARKET, BY VEHICLE TYPE, 2019–2023 (UNITS)
                                   TABLE 216 INDONESIA: MARKET, BY VEHICLE TYPE, 2024–2030 (UNITS)
                                   TABLE 217 INDONESIA: MARKET, BY VEHICLE TYPE, 2019–2023 (USD MILLION)
                                   TABLE 218 INDONESIA: MARKET, BY VEHICLE TYPE, 2024–2030 (USD MILLION)
             15.2.9 MALAYSIA
                       15.2.9.1 Introduction of new vehicle models by top manufacturers to drive market
                                   TABLE 219 MALAYSIA: MARKET, BY VEHICLE TYPE, 2019–2023 (UNITS)
                                   TABLE 220 MALAYSIA: MARKET, BY VEHICLE TYPE, 2024–2030 (UNITS)
                                   TABLE 221 MALAYSIA: MARKET, BY VEHICLE TYPE, 2019–2023 (USD MILLION)
                                   TABLE 222 MALAYSIA: MARKET, BY VEHICLE TYPE, 2024–2030 (USD MILLION)
               15.2.10 PHILIPPINES
            15.2.10.1 Growing EV ecosystem to support market growth
                                   TABLE 223 PHILIPPINES: ELECTRIC SCOOTER AND MOTORCYCLE PRICES
                                   TABLE 224 PHILIPPINES: MARKET, BY VEHICLE TYPE, 2019–2023 (UNITS)
                                   TABLE 225 PHILIPPINES: MARKET, BY VEHICLE TYPE, 2024–2030 (UNITS)
                                   TABLE 226 PHILIPPINES: MARKET, BY VEHICLE TYPE, 2019–2023 (USD MILLION)
                                   TABLE 227 PHILIPPINES: MARKET, BY VEHICLE TYPE, 2024–2030 (USD MILLION)
               15.2.11 VIETNAM
            15.2.11.1 Shift towards sustainable transportation to drive market
                                   TABLE 228 VIETNAM: MARKET, BY VEHICLE TYPE, 2019–2023 (UNITS)
                                   TABLE 229 VIETNAM: MARKET, BY VEHICLE TYPE, 2024–2030 (UNITS)
                                   TABLE 230 VIETNAM: MARKET, BY VEHICLE TYPE, 2019–2023 (USD MILLION)
                                   TABLE 231 VIETNAM: MARKET, BY VEHICLE TYPE, 2024–2030 (USD MILLION)
     15.3 EUROPE 
             15.3.1 EUROPE: RECESSION IMPACT
                       FIGURE 59 EUROPE: ELECTRIC SCOOTER MARKET, BY COUNTRY, 2024 VS. 2030 (USD MILLION)
                       TABLE 232 EUROPE: MARKET, BY COUNTRY, 2019–2023 (THOUSAND UNITS)
                       TABLE 233 EUROPE: MARKET, BY COUNTRY, 2024–2030 (THOUSAND UNITS)
                       TABLE 234 EUROPE: MARKET, BY COUNTRY, 2019–2023 (USD MILLION)
                       TABLE 235 EUROPE: MARKET, BY COUNTRY, 2024–2030 (USD MILLION)
             15.3.2 FRANCE
                       15.3.2.1 New government cash incentives for EVs to drive market
                                   TABLE 236 FRANCE: MARKET, BY VEHICLE TYPE, 2019–2023 (UNITS)
                                   TABLE 237 FRANCE: MARKET, BY VEHICLE TYPE, 2024–2030 (UNITS)
                                   TABLE 238 FRANCE: MARKET, BY VEHICLE TYPE, 2019–2023 (USD MILLION)
                                   TABLE 239 FRANCE: MARKET, BY VEHICLE TYPE, 2024–2030 (USD MILLION)
             15.3.3 GERMANY
                       15.3.3.1 Shift toward electrification by leading domestic players to drive market
                                   TABLE 240 GERMANY: ELECTRIC SCOOTER MARKET, BY VEHICLE TYPE, 2019–2023 (UNITS)
                                   TABLE 241 GERMANY: MARKET, BY VEHICLE TYPE, 2024–2030 (UNITS)
                                   TABLE 242 GERMANY: MARKET, BY VEHICLE TYPE, 2019–2023 (USD MILLION)
                                   TABLE 243 GERMANY: MARKET, BY VEHICLE TYPE, 2024–2030 (USD MILLION)
             15.3.4 SPAIN
                       15.3.4.1 Introduction of new vehicle models by global manufacturers to drive market
                                   TABLE 244 SPAIN: MARKET, BY VEHICLE TYPE, 2019–2023 (UNITS)
                                   TABLE 245 SPAIN: MARKET, BY VEHICLE TYPE, 2024–2030 (UNITS)
                                   TABLE 246 SPAIN: MARKET, BY VEHICLE TYPE, 2019–2023 (USD MILLION)
                                   TABLE 247 SPAIN: MARKET, BY VEHICLE TYPE, 2024–2030 (USD MILLION)
             15.3.5 AUSTRIA
                       15.3.5.1 Introduction of new electric vehicle models to drive market
                                   TABLE 248 AUSTRIA: MARKET, BY VEHICLE TYPE, 2019–2023 (UNITS)
                                   TABLE 249 AUSTRIA: MARKET, BY VEHICLE TYPE, 2024–2030 (UNITS)
                                   TABLE 250 AUSTRIA: MARKET, BY VEHICLE TYPE, 2019–2023 (USD MILLION)
                                   TABLE 251 AUSTRIA: MARKET, BY VEHICLE TYPE, 2024–2030 (USD MILLION)
             15.3.6 UK
                       15.3.6.1 Upgrading of charging infrastructure to drive market
                                   TABLE 252 UK: MARKET, BY VEHICLE TYPE, 2019–2023 (UNITS)
                                   TABLE 253 UK: MARKET, BY VEHICLE TYPE, 2024–2030 (UNITS)
                                   TABLE 254 UK: MARKET, BY VEHICLE TYPE, 2019–2023 (USD MILLION)
                                   TABLE 255 UK: MARKET, BY VEHICLE TYPE, 2024–2030 (USD MILLION)
             15.3.7 ITALY
                       15.3.7.1 Increasing presence of key players to support market growth
                                   TABLE 256 ITALY: ELECTRIC SCOOTER MARKET, BY VEHICLE TYPE, 2019–2023 (UNITS)
                                   TABLE 257 ITALY: MARKET, BY VEHICLE TYPE, 2024–2030 (UNITS)
                                   TABLE 258 ITALY: MARKET, BY VEHICLE TYPE, 2019–2023 (USD MILLION)
                                   TABLE 259 ITALY: MARKET, BY VEHICLE TYPE, 2024–2030 (USD MILLION)
             15.3.8 BELGIUM
                       15.3.8.1 Strong government support to promote electric two-wheelers to drive market
                                   TABLE 260 BELGIUM: MARKET, BY VEHICLE TYPE, 2019–2023 (UNITS)
                                   TABLE 261 BELGIUM: MARKET, BY VEHICLE TYPE, 2024–2030 (UNITS)
                                   TABLE 262 BELGIUM: MARKET, BY VEHICLE TYPE, 2019–2023 (USD MILLION)
                                   TABLE 263 BELGIUM: MARKET, BY VEHICLE TYPE, 2024–2030 (USD MILLION)
             15.3.9 NETHERLANDS
                       15.3.9.1 Development of charging infrastructure to drive market
                                   TABLE 264 NETHERLANDS: MARKET, BY VEHICLE TYPE, 2019–2023 (UNITS)
                                   TABLE 265 NETHERLANDS: MARKET, BY VEHICLE TYPE, 2024–2030 (UNITS)
                                   TABLE 266 NETHERLANDS: MARKET, BY VEHICLE TYPE, 2019–2023 (USD MILLION)
                                   TABLE 267 NETHERLANDS: MARKET, BY VEHICLE TYPE, 2024–2030 (USD MILLION)
               15.3.10 POLAND
            15.3.10.1 Growing focus on emissions reduction to drive market
                                   TABLE 268 POLAND: MARKET, BY VEHICLE TYPE, 2019–2023 (UNITS)
                                   TABLE 269 POLAND: MARKET, BY VEHICLE TYPE, 2024–2030 (UNITS)
                                   TABLE 270 POLAND: MARKET, BY VEHICLE TYPE, 2019–2023 (USD MILLION)
                                   TABLE 271 POLAND: MARKET, BY VEHICLE TYPE, 2024–2030 (USD MILLION)
               15.3.11 DENMARK
            15.3.11.1 Government support to develop charging infrastructure to drive market
                                   TABLE 272 DENMARK: MARKET, BY VEHICLE TYPE, 2019–2023 (UNITS)
                                   TABLE 273 DENMARK: MARKET, BY VEHICLE TYPE, 2024–2030 (UNITS)
                                   TABLE 274 DENMARK: MARKET, BY VEHICLE TYPE, 2019–2023 (USD MILLION)
                                   TABLE 275 DENMARK: MARKET, BY VEHICLE TYPE, 2024–2030 (USD MILLION)
     15.4 NORTH AMERICA 
             15.4.1 NORTH AMERICA: RECESSION IMPACT
                       FIGURE 60 NORTH AMERICA: MARKET SNAPSHOT
                       TABLE 276 NORTH AMERICA: MARKET, BY COUNTRY, 2019–2023 (THOUSAND UNITS)
                       TABLE 277 NORTH AMERICA: MARKET, BY COUNTRY, 2024–2030 (THOUSAND UNITS)
                       TABLE 278 NORTH AMERICA: MARKET, BY COUNTRY, 2019–2023 (USD MILLION)
                       TABLE 279 NORTH AMERICA: MARKET, BY COUNTRY, 2024–2030 (USD MILLION)
             15.4.2 US
                       15.4.2.1 Advancements in battery technology leading to longer driving ranges to drive market
                                   TABLE 280 US: MARKET, BY VEHICLE TYPE, 2019–2023 (UNITS)
                                   TABLE 281 US: MARKET, BY VEHICLE TYPE, 2024–2030 (UNITS)
                                   TABLE 282 US: MARKET, BY VEHICLE TYPE, 2019–2023 (USD MILLION)
                                   TABLE 283 US: MARKET, BY VEHICLE TYPE, 2024–2030 (USD MILLION)
             15.4.3 CANADA
                       15.4.3.1 Introduction of new electric two-wheelers to drive market
                                   TABLE 284 CANADA: MARKET, BY VEHICLE TYPE, 2019–2023 (UNITS)
                                   TABLE 285 CANADA: MARKET, BY VEHICLE TYPE, 2024–2030 (UNITS)
                                   TABLE 286 CANADA: MARKET, BY VEHICLE TYPE, 2019–2023 (USD MILLION)
                                   TABLE 287 CANADA: MARKET, BY VEHICLE TYPE, 2024–2030 (USD MILLION)
 
16 COMPETITIVE LANDSCAPE (Page No. - 269)
     16.1 OVERVIEW 
     16.2 MARKET SHARE ANALYSIS 
               TABLE 288 DEGREE OF COMPETITION
               FIGURE 61 MARKET SHARE ANALYSIS, 2023
     16.3 REVENUE ANALYSIS 
               FIGURE 62 REVENUE ANALYSIS OF KEY PLAYERS, 2019–2023
     16.4 COMPANY VALUATION AND FINANCIAL METRICS 
             16.4.1 COMPANY VALUATION
                       FIGURE 63 COMPANY VALUATION, 2023 (USD BILLION)
             16.4.2 FINANCIAL METRICS
                       FIGURE 64 FINANCIAL METRICS OF KEY PLAYERS (EV/EBITDA)
     16.5 PRODUCT COMPARISON 
               TABLE 289 ELECTRIC SCOOTER MARKET: PRODUCT COMPARISON (KEY SCOOTER MODELS)
               TABLE 290 MARKET: PRODUCT COMPARISON (KEY MOTORCYCLE MODELS)
     16.6 COMPANY EVALUATION MATRIX 
             16.6.1 STARS
             16.6.2 EMERGING LEADERS
             16.6.3 PERVASIVE PLAYERS
             16.6.4 PARTICIPANTS
                       FIGURE 65 MARKET: COMPANY EVALUATION MATRIX, 2023
             16.6.5 COMPANY FOOTPRINT
                       FIGURE 66 MARKET: COMPANY FOOTPRINT
                       TABLE 291 MARKET, REGION FOOTPRINT
                       TABLE 292 MARKET, VEHICLE TYPE FOOTPRINT
     16.7 START-UP/SME EVALUATION MATRIX 
             16.7.1 PROGRESSIVE COMPANIES
             16.7.2 RESPONSIVE COMPANIES
             16.7.3 DYNAMIC COMPANIES
             16.7.4 STARTING BLOCKS
                       FIGURE 67 MARKET: START-UP/SME EVALUATION MATRIX, 2023
             16.7.5 COMPETITIVE BENCHMARKING
                       TABLE 293 MARKET: KEY START-UPS/SMES
                       TABLE 294 MARKET: COMPETITIVE BENCHMARKING OF KEY START-UPS/SMES
     16.8 COMPETITIVE SCENARIOS AND TRENDS 
             16.8.1 PRODUCT LAUNCHES/DEVELOPMENTS
                       TABLE 295 MARKET: PRODUCT LAUNCHES/DEVELOPMENTS, JANUARY 2021–MAY 2024
             16.8.2 DEALS
                       TABLE 296 MARKET: DEALS, JANUARY 2021–MAY 2024
             16.8.3 EXPANSIONS
                       TABLE 297 MARKET: EXPANSIONS, JANUARY 2021–MAY 2024
             16.8.4 OTHER DEVELOPMENTS
                       TABLE 298 MARKET: OTHER DEVELOPMENTS, JANUARY 2021–MAY 2024
 
17 COMPANY PROFILES (Page No. - 289)
(Business Overview, Products/Solutions/Services Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats))*
     17.1 KEY PLAYERS 
             17.1.1 YADEA TECHNOLOGY GROUP CO., LTD.
                       TABLE 299 YADEA TECHNOLOGY GROUP CO., LTD.: COMPANY OVERVIEW
                       FIGURE 68 YADEA TECHNOLOGY GROUP CO., LTD.: COMPANY SNAPSHOT
                       FIGURE 69 YADEA TECHNOLOGY GROUP CO., LTD.: SALES NETWORK, 2023
                       TABLE 300 YADEA TECHNOLOGY GROUP CO., LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                       TABLE 301 YADEA TECHNOLOGY GROUP CO., LTD.: PRODUCT LAUNCHES/DEVELOPMENTS
                       TABLE 302 YADEA TECHNOLOGY GROUP CO., LTD.: DEALS
                       TABLE 303 YADEA TECHNOLOGY GROUP CO., LTD.: EXPANSIONS
                       TABLE 304 YADEA TECHNOLOGY GROUP CO., LTD.: OTHER DEVELOPMENTS
             17.1.2 OLA ELECTRIC
                       TABLE 305 OLA ELECTRIC: COMPANY OVERVIEW
                       FIGURE 70 OLA ELECTRIC: COMPANY SNAPSHOT
                       TABLE 306 OLA ELECTRIC: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                       TABLE 307 OLA ELECTRIC: PRODUCT LAUNCHES/DEVELOPMENTS
                       TABLE 308 OLA ELECTRIC: EXPANSIONS
             17.1.3 TVS MOTOR COMPANY
                       TABLE 309 TVS MOTOR COMPANY: COMPANY OVERVIEW
                       TABLE 310 TVS MOTOR COMPANY: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                       TABLE 311 TVS MOTOR COMPANY.: PRODUCT LAUNCHES/DEVELOPMENTS
                       TABLE 312 TVS MOTOR COMPANY: DEALS
                       TABLE 313 TVS MOTOR COMPANY: OTHER DEVELOPMENTS
             17.1.4 ATHER ENERGY
                       TABLE 314 ATHER ENERGY: COMPANY OVERVIEW
                       TABLE 315 ATHER ENERGY: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                       TABLE 316 ATHER ENERGY: PRODUCT LAUNCHES/DEVELOPMENTS
                       TABLE 317 ATHER ENERGY: DEALS
             17.1.5 HERO ELECTRIC
                       TABLE 318 HERO ELECTRIC: COMPANY OVERVIEW
                       TABLE 319 HERO ELECTRIC: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                       TABLE 320 HERO ELECTRIC: PRODUCT LAUNCHES/DEVELOPMENTS
                       TABLE 321 HERO ELECTRIC: DEALS
                       TABLE 322 HERO ELECTRIC: EXPANSIONS
             17.1.6 GOGORO
                       TABLE 323 GOGORO: COMPANY OVERVIEW
                       FIGURE 71 GOGORO: COMPANY SNAPSHOT
                       TABLE 324 GOGORO: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                       TABLE 325 GOGORO: PRODUCT LAUNCHES/DEVELOPMENTS
                       TABLE 326 GOGORO: DEALS
             17.1.7 VMOTO LIMITED
                       TABLE 327 VMOTO LIMITED: COMPANY OVERVIEW
                       FIGURE 72 VMOTO LIMITED: COMPANY SNAPSHOT
                       TABLE 328 VMOTO LIMITED: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                       TABLE 329 VMOTO LIMITED: PRODUCT LAUNCHES/DEVELOPMENTS
                       TABLE 330 VMOTO LIMITED: DEALS
                       TABLE 331 VMOTO LIMITED: EXPANSIONS
             17.1.8 NIU INTERNATIONAL
                       TABLE 332 NIU INTERNATIONAL: COMPANY OVERVIEW
                       FIGURE 73 NIU INTERNATIONAL: COMPANY SNAPSHOT
                       FIGURE 74 NIU INTERNATIONAL: ORGANIZATIONAL STRUCTURE
                       TABLE 333 NIU INTERNATIONAL: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                       TABLE 334 NIU INTERNATIONAL: PRODUCT LAUNCHES/DEVELOPMENTS
                       TABLE 335 NIU INTERNATIONAL: DEALS
             17.1.9 SILENCE URBAN ECOMOBILITY
                       TABLE 336 SILENCE URBAN ECOMOBILITY: COMPANY OVERVIEW
                       TABLE 337 SILENCE URBAN ECOMOBILITY: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                       TABLE 338 SILENCE URBAN ECOMOBILITY: PRODUCT LAUNCHES/DEVELOPMENTS
                       TABLE 339 SILENCE URBAN ECOMOBILITY: DEALS
                       TABLE 340 SILENCE URBAN ECOMOBILITY: EXPANSIONS
               17.1.10 JIANGSU XINRI E-VEHICLE CO., LTD.
                                   TABLE 341 JIANGSU XINRI E-VEHICLE CO., LTD.: COMPANY OVERVIEW
                                   TABLE 342 JIANGSU XINRI E-VEHICLE CO., LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                                   TABLE 343 JIANGSU XINRI E-VEHICLE CO., LTD.: PRODUCT LAUNCHES/DEVELOPMENTS
                                   TABLE 344 JIANGSU XINRI E-VEHICLE CO., LTD.: DEALS
                                   TABLE 345 JIANGSU XINRI E-VEHICLE CO., LTD.: EXPANSIONS
               17.1.11 IDEANOMICS, INC.
                                   TABLE 346 IDEANOMICS, INC.: COMPANY OVERVIEW
                                   TABLE 347 IDEANOMICS, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                                   TABLE 348 IDEANOMICS, INC.: PRODUCT LAUNCHES/DEVELOPMENTS
                                   TABLE 349 IDEANOMICS, INC.: DEALS
                                   TABLE 350 IDEANOMICS, INC.: EXPANSIONS
               17.1.12 ASKOLL EVA S.P.A.
                                   TABLE 351 ASKOLL EVA S.P.A.: COMPANY OVERVIEW
                                   TABLE 352 ASKOLL EVA S.P.A.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                                   TABLE 353 ASKOLL EVA S.P.A.: PRODUCT LAUNCHES/DEVELOPMENTS
                                   TABLE 354 ASKOLL EVA S.P.A.: DEALS
                                   TABLE 355 ASKOLL EVA S.P.A.: OTHER DEVELOPMENTS
     17.2 OTHER PLAYERS 
             17.2.1 ULTRAVIOLETTE AUTOMOTIVE
                       TABLE 356 ULTRAVIOLETTE AUTOMOTIVE: COMPANY OVERVIEW
             17.2.2 REVOLT INTELLICORP PRIVATE LIMITED (REVOLT MOTORS)
                       TABLE 357 REVOLT INTELLICORP PRIVATE LIMITED (REVOLT MOTORS): COMPANY OVERVIEW
             17.2.3 Z ELECTRIC VEHICLE
                       TABLE 358 Z ELECTRIC VEHICLE: COMPANY OVERVIEW
             17.2.4 CAKE
                       TABLE 359 CAKE: COMPANY OVERVIEW
             17.2.5 LIGHTNING MOTORCYCLES
                       TABLE 360 LIGHTNING MOTORCYCLES: COMPANY OVERVIEW
             17.2.6 JOHAMMER E-MOBILITY GMBH
                       TABLE 361 JOHAMMER E-MOBILITY GMBH: COMPANY OVERVIEW
             17.2.7 PIAGGIO GROUP
                       TABLE 362 PIAGGIO GROUP: COMPANY OVERVIEW
             17.2.8 KTM AG
                       TABLE 363 KTM AG: COMPANY OVERVIEW
             17.2.9 HARLEY DAVIDSON
                       TABLE 364 HARLEY DAVIDSON: COMPANY OVERVIEW
               17.2.10 BMW GROUP
                                   TABLE 365 BMW GROUP: COMPANY OVERVIEW
               17.2.11 AIMA TECHNOLOGY GROUP CO., LTD.
                                   TABLE 366 AIMA TECHNOLOGY GROUP CO., LTD.: COMPANY OVERVIEW
               17.2.12 HONDA MOTOR CO., LTD.
                                   TABLE 367 HONDA MOTOR CO., LTD.: COMPANY OVERVIEW
               17.2.13 GREAVES ELECTRIC MOBILITY PRIVATE LIMITED (AMPERE VEHICLES)
                                   TABLE 368 GREAVES ELECTRIC MOBILITY PRIVATE LIMITED (AMPERE VEHICLES): COMPANY OVERVIEW
               17.2.14 DONGGUAN TAILING ELECTRIC VEHICLE CO., LTD.
                                   TABLE 369 DONGGUAN TAILING ELECTRIC VEHICLE CO., LTD.: COMPANY OVERVIEW
               17.2.15 CEZETA
                                   TABLE 370 CEZETA: COMPANY OVERVIEW
               17.2.16 TERRA MOTORS CORPORATION
                                   TABLE 371 TERRA MOTORS CORPORATION: COMPANY OVERVIEW
               17.2.17 NEXZU MOBILITY LTD. (AVAN MOTORS INDIA)
                                   TABLE 372 NEXZU MOBILITY LTD. (AVAN MOTORS INDIA): COMPANY OVERVIEW
               17.2.18 EMFLUX MOTORS
                                   TABLE 373 EMFLUX MOTORS: COMPANY OVERVIEW
               17.2.19 BAJAJ AUTO LTD.
                                   TABLE 374 BAJAJ AUTO LTD.: COMPANY OVERVIEW
               17.2.20 MAHINDRA & MAHINDRA LTD.
                                   TABLE 375 MAHINDRA & MAHINDRA LTD.: COMPANY OVERVIEW
               17.2.21 DAMON MOTORS INC.
                                   TABLE 376 DAMON MOTORS INC.: COMPANY OVERVIEW
               17.2.22 VIAR MOTOR INDONESIA
                                   TABLE 377 VIAR MOTOR INDONESIA: COMPANY OVERVIEW
               17.2.23 SELIS
                                   TABLE 378 SELIS: COMPANY OVERVIEW
               17.2.24 GESITS
                                   TABLE 379 GESITS: COMPANY OVERVIEW
               17.2.25 UNITED E-MOTOR
                                   TABLE 380 UNITED E-MOTOR: COMPANY OVERVIEW
               17.2.26 SMOOT ELEKTRIK
                                   TABLE 381 SMOOT ELEKTRIK : COMPANY OVERVIEW
               17.2.27 PT VOLTA INDONESIA SEMESTA (VOLTA)
                                   TABLE 382 PT VOLTA INDONESIA SEMESTA (VOLTA): COMPANY OVERVIEW
               17.2.28 ALVA
                                   TABLE 383 ALVA: COMPANY OVERVIEW
               17.2.29 NUSA MOTORS
                                   TABLE 384 NUSA MOTORS: COMPANY OVERVIEW
               17.2.30 BF GOODRICH
                                   TABLE 385 BF GOODRICH: COMPANY OVERVIEW
*Details on Business Overview, Products/Solutions/Services Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats) might not be captured in case of unlisted companies.
 
18 RECOMMENDATIONS BY MARKETSANDMARKETS (Page No. - 372)
     18.1 ASIA PACIFIC TO BE SIGNIFICANT MARKET FOR ELECTRIC SCOOTERS 
     18.2 E-SCOOTERS/MOPEDS TO EMERGE AS DOMINANT VEHICLE TYPE SEGMENT OF ELECTRIC SCOOTER MARKET 
     18.3 LITHIUM-ION TO BE PROMISING BATTERY TYPE SEGMENT OF MARKET 
     18.4 CONCLUSION 
 
19 APPENDIX (Page No. - 374)
     19.1 KEY INSIGHTS FROM INDUSTRY EXPERTS 
     19.2 DISCUSSION GUIDE 
     19.3 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 
     19.4 CUSTOMIZATION OPTIONS 
             19.4.1 ELECTRIC SCOOTER MARKET, BY BATTERY TYPE AT COUNTRY LEVEL (FOR COUNTRIES COVERED IN THE REPORT)
             19.4.2 PROFILING OF ADDITIONAL MARKET PLAYERS (UP TO 5)
     19.5 RELATED REPORTS 
     19.6 AUTHOR DETAILS 

This research study involved the extensive use of secondary sources, such as company annual reports/presentations, industry association publications, automotive magazine articles, directories, technical handbooks, the World Economic Outlook, trade websites, technical articles, and databases, to identify and collect information on the Electric Scooter market. In-depth interviews were conducted with various primary respondents, including key industry participants, subject-matter experts (SMEs), C-level executives of key market players (electric scooter and motorcycle manufacturers and suppliers), and industry consultants, among other experts, to obtain and verify critical qualitative and quantitative information and assess market prospects.

Secondary Research

In the secondary research process, various secondary sources were used to identify and collect information on the electric scooter market for this study. Secondary sources include annual reports, press releases, and investor presentations of companies; whitepapers, certified publications, and articles from recognized authors; directories; databases; and articles from recognized associations and government publishing sources.

Primary Research

Extensive primary research was conducted after understanding the electric scooter market scenario through secondary research. Several primary interviews were conducted with market experts from both demand-side vehicle manufacturers [(in terms of component supply) country-level government associations and trade associations] and supply-side OEMs and component manufacturers across three major regions, namely, North America, Europe, and Asia Pacific. Approximately 30% and 70% of primary interviews were conducted from the demand and supply sides, respectively. Primary data was collected through questionnaires, emails, and telephonic interviews. In the canvassing of primaries, various departments within organizations, such as sales, operations, and administration, were covered to provide a holistic viewpoint in the report.

In the canvassing of primaries, various departments within organizations, such as sales, operations, and marketing, were covered to provide a holistic viewpoint in the report. After interacting with industry experts, brief sessions were conducted with highly experienced independent consultants to reinforce the findings from primaries. This, along with the opinions of in-house subject matter experts, led to the findings, as described in the remainder of this report.

Electric Scooter Market Size, and Share

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

A detailed market estimation approach was followed to estimate and validate the value and volume of the electric scooter market and other dependent submarkets, as mentioned below:

  • The market size was derived by collecting sales of electric two-wheelers (electric scooters/mopeds and electric motorcycles) through associations and paid databases.
  • Key players in the electric scooter market were identified through secondary research, and their global market share was determined through primary and secondary research.
  • The research methodology included the study of annual and quarterly financial reports, regulatory filings of major market players, and interviews with industry experts to gain detailed market insights.
  • All major penetration rates, percentage shares, splits, and breakdowns for the market were determined through secondary sources and verified through primary sources.
  • All key macro indicators affecting the revenue growth of the market segments and subsegments were accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the validated and verified quantitative & qualitative data.

The gathered market data was consolidated and added with detailed inputs, analyzed, and presented in this report.

Electric Scooter Market Bottom Up Approach

To know about the assumptions considered for the study, Request for Free Sample Report

Electric Scooter Market Top Down Approach

Data Triangulation

All percentage shares, splits, and breakdowns were determined using secondary sources and verified by primary sources. All parameters that affect the markets covered in this research study were accounted for, viewed in extensive detail, and analyzed to obtain the final quantitative and qualitative data. This data was consolidated, enhanced with detailed inputs and analysis from MarketsandMarkets, and presented in the report. The following figure is an illustrative representation of the overall market size estimation process employed for this study.

Market Definition

Electric scooters and motorcycle are plug-in two-wheeled vehicles that use electric motors to attain locomotion. The electricity is stored in a rechargeable battery, which drives the electric motors. These vehicles are zero-emission electric motor-driven vehicles. The operating speed and top speed of electric two-wheelers are based on battery technology.

Scooters and mopeds are easy-to-operate two-wheelers with a step-through frame and a platform for the user’s feet. They are affordable, lightweight, and easy to commute on. On the other hand, motorcycles are heavier, faster, and bigger than scooters and mopeds. Depending on the requirement, these two-wheelers have different body designs and frames from scooters and mopeds. The electric versions of scooters and motorcycles are powered by electricity stored in their batteries.

List of Key Stakeholders

  • Associations, Forums, and Alliances of Electric Scooters and Motorcycles
  • Automobile Manufacturers
  • Automotive Component Manufacturers
  • Automotive Investors
  • Battery Distributors
  • Battery Manufacturers
  • Charging Infrastructure Providers
  • Charging Service Providers
  • Distributors and Retailers of Electric Two-wheelers
  • Electric Two-wheeler Charging Station Service Providers
  • Electric Two-wheeler Cable Manufacturers
  • Government Agencies and Policymakers
  • Manufacturers of Electric Two-wheelers
  • Manufacturers of Electric Two-wheeler Charging Poles
  • Manufacturers of Electric Two-wheeler Components
  • Raw Material Providers

Report Objectives

  • To segment and forecast the electric scooter market size in terms of volume (thousand units) and value (USD million/billion)
  • To define, describe, and forecast the market based on vehicle type, battery type, voltage type, vehicle class, technology type, distance covered, usage, motor type, motor power, 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 (36 V, 48 V, 60 V, 72 V, and above 72 V)
  • 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 segment and forecast the market by usage (private and commercial)
  • To segment and forecast the market by motor type (hub motors, mid-drive motors, and others)
  • To segment and forecast the market by motor power (less than 1.5 kW, 1.5–3 kW, and above 3 kW)
  • 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 analyze technological developments impacting the market
  • To analyze opportunities for stakeholders and the competitive landscape for market leaders in the electric scooter market
  • 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 their core competencies.
    • To study the following with respect to the market:
      • Supply Chain Analysis
      • Ecosystem Analysis
      • Technology Analysis
      • HS Code
      • Case Study Analysis
      • Patent Analysis
      • Regulatory Landscape
      • Conferences and Events
      • Total Cost of Ownership
      • Bill of Materials
      • Average Selling Price Analysis
      • Buying Criteria
    • To track and analyze competitive developments such as product developments, deals, and others undertaken by the key industry participants

Available Customizations

With the given market data, MarketsandMarkets offers customizations in accordance with the company’s specific needs.

  • Electric scooter market, by battery type at country level (for countries covered in the report)
  • Profiling of additional market players (up to 5)
Custom Market Research Services

We will customize the research for you, in case the report listed above does not meet with your exact requirements. Our custom research will comprehensively cover the business information you require to help you arrive at strategic and profitable business decisions.

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