Electric Scooter and Motorcycle Market – Global Opportunities & Forecast, 2020-2027

 

The market report studies the impact of COVID-19 on the market while covering many aspects of the industry such as market size, market status, emerging trends, and forecast. The report also offers a brief information of the competitors and the specific growth opportunities, along with key market drivers.

Major Players in Electric Scooter and Motorcycle Market:

The leading players in the Electric Scooter and Motorcycle Market:

·         Vmoto Limited

·         Electrotherm Ltd.

·         BMW Group

·         KTM AG

·         Jiangsu Xinri E—Vehicle Co., Ltd.

·         Yadea Group Holding Ltd.

·         Hero Electric

·         Energica Motor Company

·         Piaggio Group

·         NIU International

·         Mahindra and Mahindra Ltd.

·         Harley Davidson  

Key Drivers of Electric Scooter and Motorcycle Market:

Some of the key factors driving the growth of the electric scooter and motorcycle market include the growing number of government investments to boost the development of charging infrastructure and the increasing number of initiatives offered to the buyers. Furthermore, the rising trend of adapting e-mobility for short-distance travel will further bring various opportunities for market growth. With the increasing concern for air pollution caused by gasoline-based vehicles, the governments are focusing on offering various subsidies and tax advantages to support eco-friendly vehicles. Furthermore, the low maintenance needs owing to the internal combustion engines in the electric vehicles. This factor is further fuelling the growth of the segment in the market.

The increasing population rate has resulted in an upsurge in the amount of traffic on the roads. This promotes the consumers, particularly the working population, to travel by scooters and motorcycles, to avoid traffic jams. In addition to this, the increasing necessity of competent vehicles with zero carbon discharge, along with the growing concerns regarding the environment and the implementation of strict regulation related to vehicle emission, is further propelling the market’s demand. On the other hand, the poor performance of electric vehicles and the shortage of charging infrastructure will hinder the market's growth.

Electric Scooter and Motorcycle Market Segmentation:

The electric scooter and motorcycle market has been segmented into the following categories:

Electric Scooter and Motorcycle Market by Vehicle Type:

·         E-Scooter/Moped

·         E-Motorcycle 

Electric Scooter and Motorcycle Market by Battery Type:

·         Sealed Lead Acid

·         Lithium-Ion  

Market by Technology:

·         Plug-In

·         Battery

Market by Distance Covered:

·         Below 75 Miles

·         75–100 Miles

·         Above 100 Miles

Electric Scooter and Motorcycle Market by Voltage Type:

·         36V

·         48V

·         60V

·         72V

Market by Region:

·         North America

o   United States of America

o   Canada

·         Asia Pacific

o   China

o   Japan

o   India

o   Rest of APAC

·         Europe

o   United Kingdom

o   Germany

o   France

o   Spain

o   Rest of Europe

·         RoW

o   Brazil

o   South Africa

o   Saudi Arabia

o   UAE

o   Rest of the world (remaining countries of the LAMEA region)

About GMI Research

GMI Research is a market research and consulting firm which provides bespoke industry & market research to help businesses in making the toughest business decision. We know the significance of accurate data; that’s why our analyst use a tailored methodology to study every market in detail because one size doesn’t fit all. We not only cover the traditional well-established market but also focuses on the niche market and markets in the emerging economies, where getting data and information is a challenge. This factor makes us a pioneer in the emerging market research space. Our syndicate reports cover multiple industries across various regions and countries.

Our in-depth market reports help propel your business with all the data, strategic inputs, and competitive intelligence to move ahead even in the most uncertain times. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research look forward to help businesses stay ahead of the curve.

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