Electric Scooter and 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 2028
The global electric scooter and motorcycle market, by value, is estimated to be 4.9 USD Billion in 2023 and is projected to reach 14.7 USD Billion by 2028, at a CAGR of 24.8% from 2023 to 2028. Electric scooter and electric motorcycle market growth would be supported by favourable government policies for electric two-wheelers through subsidies and tax refunds and development towards charging infrastructure in collaboration with OEMs in the near future.
The rising price of gasoline has already an impact on consumers in developing nations. The operational costs of these vehicles will be decreased by electrical two-wheelers. These two-wheelers are more productive than standard models. Electronic systems are more durable than mechanical ones because they malfunction less frequently due to less wear and, logically, friction As a result, compared to vehicles powered by fuel, electric two-wheelers survive longer and as a result have a lower environmental impact during use. Manufacturers are anticipated to create electric motorbikes and scooters with a greater range than the present generation of electric two-wheelers.
“The 60V segment is expected to be the largest voltage segment in the Asia Pacific.”
Over the forecast period, Asia Pacific is anticipated to have the largest and quickest market for the 60V segment. The majority of the electric scooters and motorbikes produced by major manufacturers in the Asia Pacific and around the world use these range of batteries. Key Asian manufacturers such as NIU International (China), Yadea Technology Group Co.,Ltd. (China), Jiangsu Xinri (China), Hero Electric (India), and Okinawa Autotech Internationall Private Limited (India) offer 60V batteries in their latest models. Models such as YADEA A3 mini, YADEA C1S, NIU NQi GTS, NQi Sport, UQi GT, VMOTO VS2, etc., are some of the models equipped with the 60V battery. For instance, In November 2022, Vegh Automobiles have announced the launch of their new electric scooter VEGH S60, their first model in High-Speed Electric Scooters in India powred by 60V. There will be a high demand for batteries in this category of vehicles due to the variety of models available and the requirement for a cost-effective solution.
“Economy segment is expected to be the largest vehicle class segment in Asia Pacfiic during the forecast period.”
The adoption of electric scooters in Asia Pacific is estimated to be larger than in other regions, and North America is projected to grow at a faster rate. Demand from end users in countries such as France and Spain would also increase the adoption of electric scooters in the economy class segment in Europe. On the other hand, China and India represent the most important markets for economy class electric scooters due to the high inclination of the consumers toward low-cost commutes. In Asia Pacific, electric scooters are primarily considered a flexible mode of transport for the daily commute and short-distance traveling. According to industry experts, most electric two-wheelers sold in India and China fall in the range of USD 400 to USD 1400 due to consumer spending patterns and current driving needs. Yadea G5, Hero Nyx LX, Hero Flash LX, Revolt RV 400, Ampere Zeal Li, Vmoto TC, and TS are a few of the models in this category. Thus, the rise in the adoption of economy class vehicles would drive the market for the economy segment.
“Lithium-ion battery is estimated to be the largest battery segment in the forecast period.”
Throughout the forecast period, the lithium-ion segment is anticipated to experience the fastest growth in the market for electric scooters and motorcycles. Manufacturers are working to create electric scooters and motorcycles with cutting-edge lithium-ion batteries For Instance, In February 2023, LML intends to introduce the LML STAR electric scooter in India. The lithium-ion battery inside the electric scooter has a capacity of about 4 kWh. It is a swappable battery. It takes about 4-5 hours to fully charge the battery, which has a range of up to 120 kmph on a single charge. . The limited longevity and useable capacity of lead-acid batteries are predicted to shift attention to lithium-ion batteries and drive the market for electric scooters and motorcycles during the forecast period. In addition to this, lithium-ion batteries are thought to be more environmentally friendly, making them the better option. There is high adoption of lithium ion battery due to decrease in battery prices over last few years.
In-depth interviews were conducted with CEOs, marketing directors, other innovation and technology directors, and executives from various key organizations operating in this market.
Research Coverage:
The market study covers the electric scooter and motorcycle market size and future growth potential across different segments such as by vehicle type, battery type, distance covered, voltage, technology, vehicle class, by usage and region. The study also includes an in-depth competitive analysis of the key players in the market, along with their company profiles, key observations related to product and business offerings, recent developments, and key market strategies.
Key Benefits of Buying the Report:
The rising price of gasoline has already an impact on consumers in developing nations. The operational costs of these vehicles will be decreased by electrical two-wheelers. These two-wheelers are more productive than standard models. Electronic systems are more durable than mechanical ones because they malfunction less frequently due to less wear and, logically, friction As a result, compared to vehicles powered by fuel, electric two-wheelers survive longer and as a result have a lower environmental impact during use. Manufacturers are anticipated to create electric motorbikes and scooters with a greater range than the present generation of electric two-wheelers.
“The 60V segment is expected to be the largest voltage segment in the Asia Pacific.”
Over the forecast period, Asia Pacific is anticipated to have the largest and quickest market for the 60V segment. The majority of the electric scooters and motorbikes produced by major manufacturers in the Asia Pacific and around the world use these range of batteries. Key Asian manufacturers such as NIU International (China), Yadea Technology Group Co.,Ltd. (China), Jiangsu Xinri (China), Hero Electric (India), and Okinawa Autotech Internationall Private Limited (India) offer 60V batteries in their latest models. Models such as YADEA A3 mini, YADEA C1S, NIU NQi GTS, NQi Sport, UQi GT, VMOTO VS2, etc., are some of the models equipped with the 60V battery. For instance, In November 2022, Vegh Automobiles have announced the launch of their new electric scooter VEGH S60, their first model in High-Speed Electric Scooters in India powred by 60V. There will be a high demand for batteries in this category of vehicles due to the variety of models available and the requirement for a cost-effective solution.
“Economy segment is expected to be the largest vehicle class segment in Asia Pacfiic during the forecast period.”
The adoption of electric scooters in Asia Pacific is estimated to be larger than in other regions, and North America is projected to grow at a faster rate. Demand from end users in countries such as France and Spain would also increase the adoption of electric scooters in the economy class segment in Europe. On the other hand, China and India represent the most important markets for economy class electric scooters due to the high inclination of the consumers toward low-cost commutes. In Asia Pacific, electric scooters are primarily considered a flexible mode of transport for the daily commute and short-distance traveling. According to industry experts, most electric two-wheelers sold in India and China fall in the range of USD 400 to USD 1400 due to consumer spending patterns and current driving needs. Yadea G5, Hero Nyx LX, Hero Flash LX, Revolt RV 400, Ampere Zeal Li, Vmoto TC, and TS are a few of the models in this category. Thus, the rise in the adoption of economy class vehicles would drive the market for the economy segment.
“Lithium-ion battery is estimated to be the largest battery segment in the forecast period.”
Throughout the forecast period, the lithium-ion segment is anticipated to experience the fastest growth in the market for electric scooters and motorcycles. Manufacturers are working to create electric scooters and motorcycles with cutting-edge lithium-ion batteries For Instance, In February 2023, LML intends to introduce the LML STAR electric scooter in India. The lithium-ion battery inside the electric scooter has a capacity of about 4 kWh. It is a swappable battery. It takes about 4-5 hours to fully charge the battery, which has a range of up to 120 kmph on a single charge. . The limited longevity and useable capacity of lead-acid batteries are predicted to shift attention to lithium-ion batteries and drive the market for electric scooters and motorcycles during the forecast period. In addition to this, lithium-ion batteries are thought to be more environmentally friendly, making them the better option. There is high adoption of lithium ion battery due to decrease in battery prices over last few years.
In-depth interviews were conducted with CEOs, marketing directors, other innovation and technology directors, and executives from various key organizations operating in this market.
- By Company Type: Tier I - 37%, Tier II - 48%, and OEMs - 15%
- By Designation: C Level Executives - 26%, Directors - 42%, and Others - 32%
- By Region: North America - 37%, Europe - 33%, and Asia Pacific - 30%
Research Coverage:
The market study covers the electric scooter and motorcycle market size and future growth potential across different segments such as by vehicle type, battery type, distance covered, voltage, technology, vehicle class, by usage and region. The study also includes an in-depth competitive analysis of the key players in the market, along with their company profiles, key observations related to product and business offerings, recent developments, and key market strategies.
Key Benefits of Buying the Report:
- The report will help market leaders/new entrants in this market with information on the closest approximations of revenue numbers for the overall electric scooter and motorcycle market and its subsegments.
- This report will help stakeholders understand the competitive landscape and gain more insights to better position their businesses and plan suitable go-to-market strategies.
- The report also helps stakeholders understand the pulse of the market and provides them information on key market drivers, restraints, challenges, and opportunities.
- Analysis of key drivers (Low operating and maintenance costs, Government incentives and subsidies, Advancements in battery technologies, Implementation of Battery Swapping Technology, Rapid Urbanization Fueling Need for Convenient Modes of Transportation), restraints (Lack of charging infrastructure, Lack of power output and limited range, Rising battery heating issues and battery charging time), opportunities (Government bodies backing electric two-wheelers, Decreasing prices of batteries, New revenue pockets in Asia Pacific and Europe, Use of IoT and Smart Infrastructure in Electric Two Wheelers Charging Station for Load Management), and challenges (Initial investments and high cost of electricity, Lack of compatibility, interchangeability, and standardization, Technology Difficulties in Battery)
- Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the electric scooter and motorcycle market
- Market Development: Comprehensive information about lucrative markets – the report analyses the electric scooter and motorcycle market across varied regions
- Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the electric scooter and motorcycle market
- Competitive Assessment: In-depth assessment of market shares, growth strategies and service offerings of leading players like Yadea Technology Group Co.,Ltd. (China), Jiangsu Xinri E-Vehicle Co., Ltd (China), NIU International (China), Hero Electric (India), and Okinawa Autotech Internationall Private Limited (India), among others in the electric scooter and motorcycle market.
- Strategies: The report also helps stakeholders understand the pulse of the automotive airbags & seatbelts market and provides them information on key market drivers, restraints, challenges, and opportunities.
1 INTRODUCTION
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
TABLE 1 ELECTRIC SCOOTER AND MOTORCYCLE MARKET DEFINITION, BY VEHICLE TYPE
TABLE 2 ELECTRIC SCOOTER AND MOTORCYCLE MARKET DEFINITION, BY BATTERY TYPE
TABLE 3 ELECTRIC SCOOTER AND MOTORCYCLE MARKET DEFINITION, BY TECHNOLOGY TYPE
TABLE 4 ELECTRIC SCOOTER AND MOTORCYCLE MARKET DEFINITION, BY VEHICLE CLASS
TABLE 5 ELECTRIC SCOOTER AND MOTORCYCLE MARKET DEFINITION, BY USAGE
1.2.1 INCLUSIONS AND EXCLUSIONS
TABLE 6 INCLUSIONS AND EXCLUSIONS FOR ELECTRIC SCOOTER AND MOTORCYCLE MARKET
1.3 MARKET SCOPE
FIGURE 1 ELECTRIC SCOOTER AND MOTORCYCLE MARKET SEGMENTATION
1.3.1 YEARS CONSIDERED
1.4 CURRENCY CONSIDERED
TABLE 7 CURRENCY EXCHANGE RATES
1.5 UNITS CONSIDERED
1.6 STAKEHOLDERS
1.7 SUMMARY OF CHANGES
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
FIGURE 2 ELECTRIC SCOOTER AND MOTORCYCLE MARKET: RESEARCH DESIGN
FIGURE 3 RESEARCH METHODOLOGY MODEL
2.1.1 SECONDARY DATA
2.1.1.1 Key secondary sources
2.1.1.2 Key data from secondary sources
2.1.2 PRIMARY DATA
2.1.2.1 Key data from primary sources
2.1.2.2 List of participating companies for primary research
2.1.2.3 Key industry insights
FIGURE 4 BREAKDOWN OF PRIMARY INTERVIEWS BY COMPANY TYPE, DESIGNATION, AND REGION
2.1.2.4 Major objectives of primary research
2.1.3 LIST OF PRIMARY PARTICIPANTS
2.2 MARKET ESTIMATION METHODOLOGY
FIGURE 5 RESEARCH METHODOLOGY: HYPOTHESIS BUILDING
2.3 MARKET SIZE ESTIMATION
2.3.1 RECESSION IMPACT ANALYSIS
2.3.2 BOTTOM-UP APPROACH
FIGURE 6 BOTTOM-UP APPROACH: ELECTRIC SCOOTER AND MOTORCYCLE MARKET
2.3.3 TOP-DOWN APPROACH
FIGURE 7 TOP-DOWN APPROACH: ELECTRIC SCOOTER AND MOTORCYCLE MARKET
FIGURE 8 ELECTRIC SCOOTER AND MOTORCYCLE MARKET: ESTIMATION NOTES
FIGURE 9 ELECTRIC SCOOTER AND MOTORCYCLE MARKET: RESEARCH DESIGN & METHODOLOGY – DEMAND SIDE
2.4 MARKET BREAKDOWN AND DATA TRIANGULATION
FIGURE 10 DATA TRIANGULATION
2.5 FACTOR ANALYSIS
2.5.1 MARKET GROWTH PROJECTIONS FROM DEMAND-SIDE DRIVERS AND OPPORTUNITIES
FIGURE 11 MARKET GROWTH PROJECTIONS FROM DEMAND-SIDE DRIVERS AND OPPORTUNITIES
2.6 RESEARCH ASSUMPTIONS
2.7 RESEARCH LIMITATIONS
3 EXECUTIVE SUMMARY
FIGURE 12 ELECTRIC SCOOTER AND MOTORCYCLE MARKET: MARKET OVERVIEW
FIGURE 13 E-SCOOTERS/MOPEDS SEGMENT TO HAVE LARGER MARKET SHARE THAN E-MOTORCYCLES SEGMENT FROM 2023 TO 2028
FIGURE 14 ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY REGION, 2023–2028
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN ELECTRIC SCOOTER AND MOTORCYCLE MARKET
FIGURE 15 INCREASING DEMAND FOR EFFICIENT AND EMISSION-FREE COMMUTES TO DRIVE MARKET GROWTH
4.2 ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY REGION
FIGURE 16 ASIA PACIFIC TO DOMINATE ELECTRIC SCOOTER AND MOTORCYCLE MARKET FROM 2023 TO 2028
4.3 ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE
FIGURE 17 E-SCOOTERS/MOPEDS SEGMENT TO LEAD MARKET DURING FORECAST PERIOD
4.4 ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY BATTERY TYPE
FIGURE 18 LITHIUM-ION SEGMENT TO REGISTER HIGHER CAGR THAN SEALED LEAD-ACID SEGMENT FROM 2023 TO 2028
4.5 ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY DISTANCE COVERED
FIGURE 19 BELOW 75 MILES SEGMENT TO LEAD MARKET DURING FORECAST PERIOD
4.6 ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VOLTAGE
FIGURE 20 60 V SEGMENT TO COMMAND HIGHEST MARKET DEMAND FROM 2023 TO 2028
4.7 ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY TECHNOLOGY TYPE
FIGURE 21 PLUG-IN SEGMENT TO LEAD MARKET DURING FORECAST PERIOD
4.8 ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE CLASS
FIGURE 22 ECONOMY SEGMENT TO LEAD MARKET FROM 2023 TO 2028
4.9 ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY USAGE
FIGURE 23 COMMERCIAL SEGMENT TO REGISTER HIGHER CAGR THAN PRIVATE SEGMENT DURING FORECAST PERIOD
5 MARKET OVERVIEW
5.1 INTRODUCTION
TABLE 8 IMPACT OF MARKET DYNAMICS
5.2 MARKET DYNAMICS
FIGURE 24 ELECTRIC SCOOTER AND MOTORCYCLE MARKET DYNAMICS
5.2.1 DRIVERS
FIGURE 25 FACTORS DRIVING ELECTRIC SCOOTER AND MOTORCYCLE MARKET
5.2.1.1 Low operating and maintenance costs
FIGURE 26 COST SAVING COMPARISON: ELECTRIC SCOOTERS VS. PETROL SCOOTERS
FIGURE 27 COST DISTANCE RATIO ANALYSIS FOR ITALIAN ELECTRIC SCOOTER AND MOTORCYCLE MARKET
5.2.1.2 Government incentives and subsidies
FIGURE 28 ELECTRIFICATION TARGET, BY COUNTRY
TABLE 9 COUNTRY-WISE GOVERNMENT INCENTIVES AND SUBSIDIES
5.2.1.3 Advancements in battery technology
FIGURE 29 AVERAGE ENERGY DENSITY (WH/L) OF LI-ION BATTERIES, 2017–2031
TABLE 10 ELECTRIC SCOOTERS AND MOTORCYCLES WITH SIGNIFICANT RANGE AND BATTERY TYPE
5.2.1.4 Implementation of battery swapping technology
FIGURE 30 BATTERY SWAPPING SYSTEM
5.2.1.5 Rapid urbanization fueling need for convenient modes of transportation
FIGURE 31 SHARE OF URBAN POPULATION WORLDWIDE, BY CONTINENT, 2022
5.2.2 RESTRAINTS
5.2.2.1 Lack of charging infrastructure
FIGURE 32 FAST PUBLICLY AVAILABLE CHARGERS, 2017–2022
5.2.2.2 Lack of power output and limited range
TABLE 11 MODEL-WISE DRIVING RANGE OF ELECTRIC SCOOTERS AND MOTORCYCLES
5.2.2.3 Battery heating issues and long charging time
TABLE 12 TIME REQUIRED TO CHARGE ELECTRIC SCOOTERS AND MOTORCYCLES
5.2.3 OPPORTUNITIES
FIGURE 33 OPPORTUNITIES FOR ELECTRIC SCOOTER AND MOTORCYCLE MARKET
5.2.3.1 Government bodies backing electric two-wheelers
TABLE 13 KEY INITIATIVES BY GOVERNMENT BODIES IN EMERGING MARKETS
5.2.3.2 Decreasing prices of batteries
FIGURE 34 LITHIUM-ION BATTERY PRICE TREND, 2013–2022 (USD/KWH)
5.2.3.3 New revenue pockets in Asia Pacific and Europe
5.2.3.4 Use of IoT and smart infrastructure in electric two-wheeler charging stations for load management
FIGURE 35 SMART IOT-BASED TECHNOLOGY USED IN ELECTRIC TWO-WHEELER CHARGING STATIONS
5.2.4 CHALLENGES
5.2.4.1 Initial investments and high cost of electricity
FIGURE 36 AVERAGE TOTAL COST OF CONVENTIONAL VS. ELECTRIC TWO-WHEELERS (2022)
TABLE 14 GLOBAL AVERAGE ELECTRICITY COST, 2022
5.2.4.2 Lack of compatibility, interchangeability, and standardization
5.2.4.3 Technological barriers related to battery development
FIGURE 37 TECHNOLOGICAL BARRIERS FOR ELECTRIC TWO-WHEELERS
5.3 PORTER’S FIVE FORCES
FIGURE 38 PORTER’S FIVE FORCES: ELECTRIC SCOOTER AND MOTORCYCLE MARKET
TABLE 15 ELECTRIC SCOOTER AND MOTORCYCLE MARKET: IMPACT OF PORTER’S 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 MNM INSIGHTS ON OEM PLANNING AND DEVELOPMENTS
TABLE 16 OEM PLANNING AND DEVELOPMENTS
5.5 PRICING ANALYSIS
5.5.1 AVERAGE SELLING PRICE TRENDS, BY VEHICLE TYPE
FIGURE 39 AVERAGE SELLING PRICE TRENDS, BY VEHICLE TYPE
5.5.2 ELECTRIC SCOOTERS: AVERAGE SELLING PRICE, BY KEY PLAYERS
TABLE 17 ELECTRIC SCOOTERS: PRICE RANGE ANALYSIS
5.5.3 ELECTRIC MOTORCYCLES: AVERAGE SELLING PRICE, BY KEY PLAYERS
TABLE 18 ELECTRIC MOTORCYCLES: PRICE RANGE ANALYSIS
TABLE 19 ELECTRIC SCOOTERS AND MOTORCYCLES: PRICE RANGE ANALYSIS
TABLE 20 OEM ELECTRIC VEHICLE MODELS: AVERAGE PRICE
5.6 ECOSYSTEM ANALYSIS
FIGURE 40 ELECTRIC SCOOTER AND MOTORCYCLE MARKET: ECOSYSTEM ANALYSIS
TABLE 21 ELECTRIC SCOOTER AND MOTORCYCLE MARKET: ROLE OF COMPANIES IN ECOSYSTEM
5.7 MACROECONOMIC INDICATORS
5.7.1 GDP TRENDS AND FORECAST FOR MAJOR ECONOMIES
TABLE 22 GDP TRENDS AND FORECAST, BY MAJOR ECONOMIES, 2018–2026 (USD BILLION)
TABLE 23 REAL GDP GROWTH RATE (ANNUAL PERCENTAGE CHANGE AND FORECAST), BY MAJOR ECONOMIES, 2022–2026
TABLE 24 GDP PER CAPITA TRENDS AND FORECAST, BY MAJOR ECONOMIES, 2018–2026 (USD)
5.8 VALUE CHAIN ANALYSIS
FIGURE 41 VALUE CHAIN ANALYSIS: ELECTRIC SCOOTER AND MOTORCYCLE MARKET
5.9 CASE STUDY ANALYSIS
5.9.1 ATHER ENERGY CASE STUDY
5.9.2 HERO ELECTRIC CASE STUDY
5.9.3 GENZE CASE STUDY
5.9.4 CASE STUDY ON OFFICIAL POSTAL SERVICE OF TAIWAN
5.10 PATENT ANALYSIS
TABLE 25 IMPORTANT PATENT REGISTRATIONS RELATED TO ELECTRIC SCOOTER AND MOTORCYCLE MARKET
FIGURE 42 GLOBALLY PUBLISHED PATENTS FOR ELECTRIC SCOOTER AND MOTORCYCLE MARKET (2017–2022)
5.11 TECHNOLOGY ANALYSIS
5.11.1 BATTERY SWAPPING IN ELECTRIC SCOOTERS
FIGURE 43 TCO OF ICE VS. BATTERY SWAPPING POWERED VEHICLES, 2022
5.11.2 IOT IN ELECTRIC TWO-WHEELERS
5.11.3 REGENERATIVE BRAKING
5.11.4 SHARED MOBILITY
5.11.5 SOLID-STATE BATTERIES
5.11.6 SMART CHARGING SYSTEMS
FIGURE 44 SMART EV CHARGING SYSTEM
5.11.7 BATTERY-RELATED SERVICES
5.12 REGULATORY OVERVIEW
TABLE 26 GLOBAL REGULATORY ENVIRONMENT
TABLE 27 CENTRAL AND STATE TAXES AND FEES IN INDIA FOR VEHICLES SELECTED
5.12.1 COUNTRY-WISE TARIFF AND REGULATORY OVERVIEW
5.12.1.1 India
5.12.1.2 Indonesia
5.12.1.3 China
5.12.1.4 France
5.12.1.5 Germany
5.12.1.6 Spain
5.12.1.7 Austria
5.12.1.8 US
5.12.2 LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 28 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 29 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 30 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
5.13 KEY CONFERENCES AND EVENTS IN 2022–2023
TABLE 31 ELECTRIC SCOOTER AND MOTORCYCLE MARKET: DETAILED LIST OF CONFERENCES AND EVENTS
5.14 KEY STAKEHOLDERS AND BUYING CRITERIA
5.14.1 KEY STAKEHOLDERS IN BUYING PROCESS
FIGURE 45 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS
TABLE 32 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS (%)
5.14.2 BUYING CRITERIA
5.14.2.1 Food delivery
5.14.2.2 Postal services
5.14.2.3 Municipal services
FIGURE 46 KEY BUYING CRITERIA
TABLE 33 KEY BUYING CRITERIA
5.15 TRENDS AND DISRUPTIONS
FIGURE 47 TRENDS AND DISRUPTIONS
TABLE 34 IMPLICATIONS OF FUTURE HOTBEDS IN ELECTRIC SCOOTER AND MOTORCYCLE MARKET
5.16 RECESSION IMPACT ANALYSIS
TABLE 35 ELECTRIC SCOOTER AND MOTORCYCLE SALES, BY KEY COUNTRIES, 2021–2022
5.17 SCENARIO ANALYSIS
5.17.1 MOST LIKELY SCENARIO
TABLE 36 MOST LIKELY SCENARIO: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY REGION, 2023–2028 (USD MILLION)
5.17.2 OPTIMISTIC SCENARIO
TABLE 37 OPTIMISTIC SCENARIO: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY REGION, 2023–2028 (USD MILLION)
5.17.3 PESSIMISTIC SCENARIO
TABLE 38 PESSIMISTIC SCENARIO: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY REGION, 2023–2028 (THOUSAND UNITS)
6 ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY BATTERY TYPE
6.1 INTRODUCTION
FIGURE 48 LITHIUM-ION BATTERY VS. LEAD-ACID BATTERY
FIGURE 49 LITHIUM-ION BATTERY SEGMENT PROJECTED TO GROW AT HIGHER CAGR DURING FORECAST PERIOD
TABLE 39 ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY BATTERY TYPE, 2018–2022 (THOUSAND UNITS)
TABLE 40 ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY BATTERY TYPE, 2023–2028 (THOUSAND UNITS)
TABLE 41 ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY BATTERY TYPE, 2018–2022 (USD MILLION)
TABLE 42 ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY BATTERY TYPE, 2023–2028 (USD MILLION)
TABLE 43 ADVANTAGES AND DISADVANTAGES OF LEAD-ACID BATTERIES
TABLE 44 ADVANTAGES AND DISADVANTAGES OF LITHIUM-ION BATTERIES
6.2 SEALED LEAD-ACID
6.2.1 LOW COST OF LEAD-ACID BATTERIES TO DRIVE MARKET
TABLE 45 SEALED LEAD-ACID BATTERY: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY REGION, 2018–2022 (THOUSAND UNITS)
TABLE 46 SEALED LEAD-ACID BATTERY: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY REGION, 2023–2028 (THOUSAND UNITS)
TABLE 47 SEALED LEAD-ACID BATTERY: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY REGION, 2018–2022 (USD MILLION)
TABLE 48 SEALED LEAD-ACID BATTERY: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY REGION, 2023–2028 (USD MILLION)
6.3 LITHIUM-ION
6.3.1 ASIA PACIFIC TO LEAD LITHIUM-ION BATTERY SEGMENT DUE TO GROWING USAGE OF MODERN ELECTRIC TWO-WHEELERS
FIGURE 50 CHEMISTRIES OF CATHODES
FIGURE 51 LITHIUM-ION BATTERY CELL PRODUCTION CAPACITY, BY REGION, 2022
TABLE 49 LITHIUM-ION BATTERY: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY REGION, 2018–2022 (THOUSAND UNITS)
TABLE 50 LITHIUM-ION BATTERY: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY REGION, 2023–2028 (THOUSAND UNITS)
TABLE 51 LITHIUM-ION BATTERY: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY REGION, 2018–2022 (USD MILLION)
TABLE 52 LITHIUM-ION BATTERY: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY REGION, 2023–2028 (USD MILLION)
6.4 NICKEL METAL HYDRIDE BATTERY
6.5 SODIUM-ION BATTERY
6.6 KEY PRIMARY INSIGHTS
7 ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY DISTANCE COVERED
7.1 INTRODUCTION
FIGURE 52 KEY MANUFACTURERS AND THEIR VEHICLE MODELS WITH RANGE
FIGURE 53 75–100 MILES SEGMENT TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD
TABLE 53 ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY DISTANCE COVERED, 2018–2022 (THOUSAND UNITS)
TABLE 54 ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY DISTANCE COVERED, 2023–2028 (THOUSAND UNITS)
TABLE 55 ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY DISTANCE COVERED, 2018–2022 (USD MILLION)
TABLE 56 ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY DISTANCE COVERED, 2023–2028 (USD MILLION)
7.2 BELOW 75 MILES
7.2.1 ASIA PACIFIC TO HOLD MAJOR MARKET SHARE IN BELOW 75 MILES SEGMENT
TABLE 57 BELOW 75 MILES: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY REGION, 2018–2022 (THOUSAND UNITS)
TABLE 58 BELOW 75 MILES: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY REGION, 2023–2028 (THOUSAND UNITS)
TABLE 59 BELOW 75 MILES: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY REGION, 2018–2022 (USD MILLION)
TABLE 60 BELOW 75 MILES: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY REGION, 2023–2028 (USD MILLION)
7.3 75–100 MILES
7.3.1 IMPROVING BATTERY TECHNOLOGIES TO DRIVE DEMAND FOR 75–100 MILES RANGE ELECTRIC TWO-WHEELERS
TABLE 61 75–100 MILES: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY REGION, 2018–2022 (THOUSAND UNITS)
TABLE 62 75–100 MILES: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY REGION, 2023–2028 (THOUSAND UNITS)
TABLE 63 75–100 MILES: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY REGION, 2018–2022 (USD MILLION)
TABLE 64 75–100 MILES: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY REGION, 2023–2028 (USD MILLION)
7.4 ABOVE 100 MILES
7.4.1 DEVELOPMENTS IN BATTERY TECHNOLOGY TO BOOST DEMAND FOR HIGH-RANGE ELECTRIC SCOOTERS AND MOTORCYCLES
TABLE 65 ABOVE 100 MILES: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY REGION, 2018–2022 (THOUSAND UNITS)
TABLE 66 ABOVE 100 MILES: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY REGION, 2023–2028 (THOUSAND UNITS)
TABLE 67 ABOVE 100 MILES: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY REGION, 2018–2022 (USD MILLION)
TABLE 68 ABOVE 100 MILES: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY REGION, 2023–2028 (USD MILLION)
7.5 KEY PRIMARY INSIGHTS
8 ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VOLTAGE TYPE
8.1 INTRODUCTION
FIGURE 54 ELECTRIC SCOOTERS AND MOTORCYCLES OFFERED BY OEMS, BY VOLTAGE TYPE
FIGURE 55 60 V SEGMENT TO HOLD LARGEST MARKET SHARE DURING FORECAST PERIOD
TABLE 69 ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VOLTAGE TYPE, 2018–2022 (THOUSAND UNITS)
TABLE 70 ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VOLTAGE TYPE, 2023–2028 (THOUSAND UNITS)
TABLE 71 ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VOLTAGE TYPE, 2018–2022 (USD MILLION)
TABLE 72 ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VOLTAGE TYPE, 2023–2028 (USD MILLION)
8.2 36 V
8.2.1 RISING DEMAND FOR DAILY SHORT-DISTANCE TRAVEL TO DRIVE SEGMENT
TABLE 73 36 V: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY REGION, 2018–2022 (THOUSAND UNITS)
TABLE 74 36 V: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY REGION, 2023–2028 (THOUSAND UNITS)
TABLE 75 36 V: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY REGION, 2018–2022 (USD MILLION)
TABLE 76 36 V: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY REGION, 2023–2028 (USD MILLION)
8.3 48 V
8.3.1 RISING DEMAND FOR 48 V-POWERED ELECTRIC SCOOTERS AND MOTORCYCLES FOR SHORT MOBILITY PURPOSES
TABLE 77 48 V: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY REGION, 2018–2022 (THOUSAND UNITS)
TABLE 78 48 V: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY REGION, 2023–2028 (THOUSAND UNITS)
TABLE 79 48 V: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY REGION, 2018–2022 (USD MILLION)
TABLE 80 48 V: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY REGION, 2023–2028 (USD MILLION)
8.4 60 V
8.4.1 GROWING NEED FOR HIGH-PERFORMANCE ELECTRIC TWO-WHEELERS TO DRIVE SEGMENT
TABLE 81 60 V: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY REGION, 2018–2022 (THOUSAND UNITS)
TABLE 82 60 V: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY REGION, 2023–2028 (THOUSAND UNITS)
TABLE 83 60 V: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY REGION, 2018–2022 (USD MILLION)
TABLE 84 60 V: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY REGION, 2023–2028 (USD MILLION)
8.5 72 V
8.5.1 ADVANCEMENTS IN BATTERY TECHNOLOGY AND GROWING DEMAND FOR HIGH-PERFORMANCE TWO-WHEELERS TO DRIVE MARKET
TABLE 85 72 V: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY REGION, 2018–2022 (THOUSAND UNITS)
TABLE 86 72 V: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY REGION, 2023–2028 (THOUSAND UNITS)
TABLE 87 72 V: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY REGION, 2018–2022 (USD MILLION)
TABLE 88 72 V: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY REGION, 2023–2028 (USD MILLION)
8.6 ABOVE 72 V
8.6.1 ADVANCEMENTS IN BATTERY TECHNOLOGY FOR HIGH-PERFORMANCE MOTORCYCLES TO DRIVE SEGMENT
TABLE 89 ABOVE 72 V: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY REGION, 2018–2022 (THOUSAND UNITS)
TABLE 90 ABOVE 72 V: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY REGION, 2023–2028 (THOUSAND UNITS)
TABLE 91 ABOVE 72 V: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY REGION, 2018–2022 (USD MILLION)
TABLE 92 ABOVE 72 V: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY REGION, 2023–2028 (USD MILLION)
8.7 KEY PRIMARY INSIGHTS
9 ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY TECHNOLOGY TYPE
9.1 INTRODUCTION
FIGURE 56 PLUG-IN SEGMENT TO HOLD LARGER MARKET SHARE THAN BATTERY SEGMENT DURING FORECAST PERIOD
TABLE 93 ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY TECHNOLOGY TYPE, 2018–2022 (THOUSAND UNITS)
TABLE 94 ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY TECHNOLOGY TYPE, 2023–2028 (THOUSAND UNITS)
TABLE 95 ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY TECHNOLOGY TYPE, 2018–2022 (USD MILLION)
TABLE 96 ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY TECHNOLOGY TYPE, 2023–2028 (USD MILLION)
9.2 PLUG-IN
9.2.1 INCREASING PUBLIC FAST-CHARGING STATIONS FOR ELECTRIC TWO-WHEELERS TO DRIVE SEGMENT
TABLE 97 PLUG-IN: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY REGION, 2018–2022 (THOUSAND UNITS)
TABLE 98 PLUG-IN: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY REGION, 2023–2028 (THOUSAND UNITS)
TABLE 99 PLUG-IN: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY REGION, 2018–2022 (USD MILLION)
TABLE 100 PLUG-IN: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY REGION, 2023–2028 (USD MILLION)
9.3 BATTERY
9.3.1 INITIAL COST-BENEFIT ON PURCHASE OF BATTERY SWAPPING SCOOTERS AND MOTORCYCLES TO DRIVE MARKET
FIGURE 57 BATTERY-POWERED ELECTRIC SCOOTER AND MOTORCYCLE BUSINESS MODEL
TABLE 101 BATTERY: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY REGION, 2018–2022 (THOUSAND UNITS)
TABLE 102 BATTERY: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY REGION, 2023–2028 (THOUSAND UNITS)
TABLE 103 BATTERY: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY REGION, 2018–2022 (USD MILLION)
TABLE 104 BATTERY: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY REGION, 2023–2028 (USD MILLION))
9.4 KEY PRIMARY INSIGHTS
10 ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE CLASS
10.1 INTRODUCTION
FIGURE 58 LUXURY SEGMENT TO REGISTER HIGHER CAGR THAN ECONOMY SEGMENT FROM 2023 TO 2028
TABLE 105 ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE CLASS, 2018–2022 (THOUSAND UNITS)
TABLE 106 ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE CLASS, 2023–2028 (THOUSAND UNITS)
TABLE 107 ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE CLASS, 2018–2022 (USD MILLION)
TABLE 108 ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE CLASS, 2023–2028 (USD MILLION)
10.2 ECONOMY
10.2.1 INCREASED SALES OF ELECTRIC SCOOTERS IN ASIA PACIFIC TO DRIVE SEGMENT
TABLE 109 ECONOMY: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY REGION, 2018–2022 (THOUSAND UNITS)
TABLE 110 ECONOMY: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY REGION, 2023–2028 (THOUSAND UNITS)
TABLE 111 ECONOMY: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY REGION, 2018–2022 (USD MILLION)
TABLE 112 ECONOMY: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY REGION, 2023–2028 (USD MILLION))
10.3 LUXURY
10.3.1 RISING ADOPTION OF LUXURY-CLASS ELECTRIC TWO-WHEELERS TO DRIVE SEGMENT
TABLE 113 LUXURY: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY REGION, 2018–2022 (THOUSAND UNITS)
TABLE 114 LUXURY: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY REGION, 2023–2028 (THOUSAND UNITS)
TABLE 115 LUXURY: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY REGION, 2018–2022 (USD MILLION)
TABLE 116 LUXURY: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY REGION, 2023–2028 (USD MILLION)
10.4 KEY PRIMARY INSIGHTS
11 ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE
11.1 INTRODUCTION
FIGURE 59 TECHNICAL SPECIFICATIONS FOR CONVENTIONAL AND BATTERY ELECTRIC TWO-WHEELERS IN 2022
FIGURE 60 E-MOTORCYCLES SEGMENT TO REGISTER HIGHER CAGR THAN E-SCOOTERS/MOPEDS DURING FORECAST PERIOD
TABLE 117 ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2018–2022 (THOUSAND UNITS)
TABLE 118 ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2023–2028 (THOUSAND UNITS)
TABLE 119 ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2018–2022 (USD MILLION)
TABLE 120 ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2023–2028 (USD MILLION)
TABLE 121 KEY OEMS AND THEIR PRODUCTION CAPACITY IN INDIA
11.2 E-SCOOTERS/MOPEDS
11.2.1 GROWING GOVERNMENT INITIATIVES TO ENHANCE E-MOBILITY
TABLE 122 E-SCOOTERS/MOPEDS MARKET, BY REGION, 2018–2022 (THOUSAND UNITS)
TABLE 123 E-SCOOTERS/MOPEDS MARKET, BY REGION, 2023–2028 (THOUSAND UNITS)
TABLE 124 E-SCOOTERS/MOPEDS MARKET, BY REGION, 2018–2022 (USD MILLION)
TABLE 125 E-SCOOTERS/MOPEDS MARKET, BY REGION, 2023–2028 (USD MILLION))
11.3 E-MOTORCYCLES
11.3.1 RISING DEMAND FOR HIGH-PERFORMANCE ELECTRIC MOTORCYCLES TO DRIVE MARKET
TABLE 126 E-MOTORCYCLES MARKET, BY REGION, 2018–2022 (THOUSAND UNITS)
TABLE 127 E-MOTORCYCLES MARKET, BY REGION, 2023–2028 (THOUSAND UNITS)
TABLE 128 E-MOTORCYCLES MARKET, BY REGION, 2018–2022 (USD MILLION)
TABLE 129 E-MOTORCYCLES MARKET, BY REGION, 2023–2028 (USD MILLION))
11.4 KEY PRIMARY INSIGHTS
12 ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY USAGE
12.1 INTRODUCTION
FIGURE 61 ELECTRIC TWO-WHEELER USER CATEGORIES AND CHARGING INFRASTRUCTURE
FIGURE 62 PRIVATE SEGMENT TO REGISTER HIGHER CAGR THAN COMMERCIAL SEGMENT DURING FORECAST PERIOD
TABLE 130 ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY USAGE, 2018–2022 (THOUSAND UNITS)
TABLE 131 ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY USAGE, 2023–2028 (THOUSAND UNITS)
TABLE 132 ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY USAGE, 2018–2022 (USD MILLION)
TABLE 133 ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY USAGE, 2023–2028 (USD MILLION)
12.2 PRIVATE
12.2.1 VARIED RANGE OF PRODUCTS CLUBBED WITH GOVERNMENT INCENTIVES AND REDUCING PRICES TO DRIVE SEGMENT
TABLE 134 PRIVATE: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY REGION, 2018–2022 (THOUSAND UNITS)
TABLE 135 PRIVATE: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY REGION, 2023–2028 (THOUSAND UNITS)
TABLE 136 PRIVATE: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY REGION, 2018–2022 (USD MILLION)
TABLE 137 PRIVATE: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY REGION, 2023–2028 (USD MILLION))
12.3 COMMERCIAL USE
12.3.1 HIGH INITIAL COST OF OWNERSHIP AND LOW OPERATIONAL AND MAINTENANCE COSTS TO DRIVE SEGMENT
TABLE 138 COMMERCIAL: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY REGION, 2018–2022 (THOUSAND UNITS)
TABLE 139 COMMERCIAL: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY REGION, 2023–2028 (THOUSAND UNITS)
TABLE 140 COMMERCIAL: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY REGION, 2018–2022 (USD MILLION)
TABLE 141 COMMERCIAL: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY REGION, 2023–2028 (USD MILLION))
12.4 KEY PRIMARY INSIGHTS
13 ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY REGION
13.1 INTRODUCTION
FIGURE 63 ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY REGION, 2023 VS. 2028
TABLE 142 ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY REGION, 2018–2022 (THOUSAND UNITS)
TABLE 143 ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY REGION, 2023–2028 (THOUSAND UNITS)
TABLE 144 ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY REGION, 2018–2022 (USD MILLION)
TABLE 145 ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY REGION, 2023–2028 (USD MILLION)
13.2 ASIA PACIFIC
13.2.1 ASIA PACIFIC: RECESSION IMPACT
FIGURE 64 ASIA PACIFIC: ELECTRIC SCOOTER AND MOTORCYCLE MARKET SNAPSHOT
TABLE 146 ASIA PACIFIC: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY COUNTRY, 2018–2022 (THOUSAND UNITS)
TABLE 147 ASIA PACIFIC: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY COUNTRY, 2023–2028 (THOUSAND UNITS)
TABLE 148 ASIA PACIFIC: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY COUNTRY, 2018–2022 (USD MILLION)
TABLE 149 ASIA PACIFIC: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY COUNTRY, 2023–2028 (USD MILLION)
13.2.2 CHINA
13.2.2.1 China to be largest market for e-scooters/mopeds globally
FIGURE 65 MARKET GROWTH OF ELECTRIC MOTORCYCLES AND SCOOTERS IN CHINA, 2015–2024
TABLE 150 CHINA: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2018–2022 (UNITS)
TABLE 151 CHINA: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2023–2028 (UNITS)
TABLE 152 CHINA: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2018–2022 (USD MILLION)
TABLE 153 CHINA: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2023–2028 (USD MILLION)
13.2.3 JAPAN
13.2.3.1 Renowned manufacturers to develop advanced electric two-wheelers in Japan
TABLE 154 ELECTRIC TWO-WHEELER IMPORT DATA OF JAPAN
TABLE 155 JAPAN: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2018–2022 (UNITS)
TABLE 156 JAPAN: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2023–2028 (UNITS)
TABLE 157 JAPAN: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2018–2022 (USD MILLION)
TABLE 158 JAPAN: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2023–2028 (USD MILLION)
13.2.4 INDIA
13.2.4.1 Shift of focus from ICE two-wheelers to electric two-wheelers to reduce pollution
TABLE 159 KEY PLANNED INVESTMENTS IN INDIA BATTERY MANUFACTURING SPACE, 2022
FIGURE 66 INDIA: ANNUAL ELECTRIC TWO-WHEELER SALES PROJECTION, 2018–2025
TABLE 160 INDIA: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2018–2022 (UNITS)
TABLE 161 INDIA: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2023–2028 (UNITS)
TABLE 162 INDIA: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2018–2022 (USD MILLION)
TABLE 163 INDIA: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2023–2028 (USD MILLION)
13.2.5 SOUTH KOREA
13.2.5.1 South Korean automotive industry to develop electric two-wheelers
TABLE 164 SOUTH KOREA: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2018–2022 (UNITS)
TABLE 165 SOUTH KOREA: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2023–2028 (UNITS)
TABLE 166 SOUTH KOREA: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2018–2022 (USD MILLION)
TABLE 167 SOUTH KOREA: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2023–2028 (USD MILLION)
13.2.6 TAIWAN
13.2.6.1 Expanding charging solution networks in Taiwan to boost market
FIGURE 67 TAIWAN: E-SCOOTER MARKET SHARE, 2022
FIGURE 68 TAIWAN: BATTERY SWAPPING NETWORK, BY GOGORO, 2022
FIGURE 69 TAIWAN: ELECTRIC SCOOTER REGISTRATIONS, BY BRAND, 2022
TABLE 168 TAIWAN: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2018–2022 (UNITS)
TABLE 169 TAIWAN: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2023–2028 (UNITS)
TABLE 170 TAIWAN: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2018–2022 (USD MILLION)
TABLE 171 TAIWAN: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2023–2028 (USD MILLION)
13.2.7 THAILAND
13.2.7.1 Need to curb emissions to create more opportunities for electric two-wheelers
TABLE 172 THAILAND: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2018–2022 (UNITS)
TABLE 173 THAILAND: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2023–2028 (UNITS)
TABLE 174 THAILAND: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2018–2022 (USD MILLION)
TABLE 175 THAILAND: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2023–2028 (USD MILLION)
13.2.8 INDONESIA
13.2.8.1 Government initiatives and strong local demand to boost market
FIGURE 70 INDONESIA: EXISTING POLICIES FOR ELECTRIC TWO-WHEELERS
TABLE 176 INDONESIA: OEM SALES (UNITS), 2022
TABLE 177 ELECTRIC TWO/THREE-WHEELERS AVAILABLE FOR SALE IN INDONESIAN MARKET
TABLE 178 INDONESIA: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2018–2022 (UNITS)
TABLE 179 INDONESIA: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2023–2028 (UNITS)
TABLE 180 INDONESIA: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2018–2022 (USD MILLION)
TABLE 181 INDONESIA: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2023–2028 (USD MILLION)
13.2.9 MALAYSIA
13.2.9.1 Increasing technological development and emergence of electric mobility-as-a-service to drive market
TABLE 182 MALAYSIA: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2018–2022 (UNITS)
TABLE 183 MALAYSIA: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2023–2028 (UNITS)
TABLE 184 MALAYSIA: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2018–2022 (USD MILLION)
TABLE 185 MALAYSIA: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2023–2028 (USD MILLION)
13.2.10 PHILIPPINES
13.2.10.1 Increasing industrialization to drive market
TABLE 186 PHILIPPINES: ELECTRIC SCOOTER AND MOTORCYCLE PRICES
TABLE 187 PHILIPPINES: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2018–2022 (UNITS)
TABLE 188 PHILIPPINES: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2023–2028 (UNITS)
TABLE 189 PHILIPPINES: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2018–2022 (USD MILLION)
TABLE 190 PHILIPPINES: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2023–2028 (USD MILLION)
13.2.11 VIETNAM
13.2.11.1 Focus on reducing GHG emissions to drive market
TABLE 191 VIETNAM: ELECTRIC SCOOTER AND MOTORCYCLE PRICES
TABLE 192 VIETNAM: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2018–2022 (UNITS)
TABLE 193 VIETNAM: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2023–2028 (UNITS)
TABLE 194 VIETNAM: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2018–2022 (USD MILLION)
TABLE 195 VIETNAM: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2023–2028 (USD MILLION)
13.3 EUROPE
13.3.1 EUROPE: RECESSION IMPACT
FIGURE 71 EUROPE: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY COUNTRY, 2023 VS. 2028 (USD MILLION)
TABLE 196 EUROPE: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY COUNTRY, 2018–2022 (THOUSAND UNITS)
TABLE 197 EUROPE: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY COUNTRY, 2023–2028 (THOUSAND UNITS)
TABLE 198 EUROPE: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY COUNTRY, 2018–2022 (USD MILLION)
TABLE 199 EUROPE: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY COUNTRY, 2023–2028 (USD MILLION)
13.3.2 FRANCE
13.3.2.1 Purchase grants by French government to boost demand
TABLE 200 FRANCE: EV CHARGING INFRASTRUCTURE TARGETS
TABLE 201 FRANCE: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2018–2022 (UNITS)
TABLE 202 FRANCE: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2023–2028 (UNITS)
TABLE 203 FRANCE: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2018–2022 (USD MILLION)
TABLE 204 FRANCE: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2023–2028 (USD MILLION)
13.3.3 GERMANY
13.3.3.1 Leading players from Germany to enter electric two-wheeler segment
FIGURE 72 GERMANY: SCOOTER-SHARING PROVIDERS
TABLE 205 GERMANY: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2018–2022 (UNITS)
TABLE 206 GERMANY: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2023–2028 (UNITS)
TABLE 207 GERMANY: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2018–2022 (USD MILLION)
TABLE 208 GERMANY: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2023–2028 (USD MILLION)
13.3.4 SPAIN
13.3.4.1 Increasing government investments in charging infrastructure to fuel market
FIGURE 73 SPAIN: EV FLEET BY 2030
TABLE 209 SPAIN: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2018–2022 (UNITS)
TABLE 210 SPAIN: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2023–2028 (UNITS)
TABLE 211 SPAIN: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2018–2022 (USD MILLION)
TABLE 212 SPAIN: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2023–2028 (USD MILLION)
13.3.5 AUSTRIA
13.3.5.1 Development of performance e-motorcycles to drive market
TABLE 213 AUSTRIA: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2018–2022 (UNITS)
TABLE 214 AUSTRIA: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2023–2028 (UNITS)
TABLE 215 AUSTRIA: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2018–2022 (USD MILLION)
TABLE 216 AUSTRIA: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2023–2028 (USD MILLION)
13.3.6 UK
13.3.6.1 Investments in ultra-low emission vehicles to drive market
TABLE 217 UK: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2018–2022 (UNITS)
TABLE 218 UK: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2023–2028 (UNITS)
TABLE 219 UK: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2018–2022 (USD MILLION)
TABLE 220 UK: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2023–2028 (USD MILLION)
13.3.7 ITALY
13.3.7.1 Superior performance of e-scooters and e-motorcycles to drive market
TABLE 221 ITALY: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2018–2022 (UNITS)
TABLE 222 ITALY: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2023–2028 (UNITS)
TABLE 223 ITALY: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2018–2022 (USD MILLION)
TABLE 224 ITALY: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2023–2028 (USD MILLION)
13.3.8 BELGIUM
13.3.8.1 Development of advanced charging infrastructure by Belgian government to promote electric two-wheelers
TABLE 225 BELGIUM: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2018–2022 (UNITS)
TABLE 226 BELGIUM: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2023–2028 (UNITS)
TABLE 227 BELGIUM: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2018–2022 (USD MILLION)
TABLE 228 BELGIUM: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2023–2028 (USD MILLION)
13.3.9 NETHERLANDS
13.3.9.1 Plan to phase out conventional ICE two-wheelers to drive market
TABLE 229 NETHERLAND: ELECTRIC SCOOTER IMPORT DATA (2022)
TABLE 230 NETHERLANDS: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2018–2022 (UNITS)
TABLE 231 NETHERLANDS: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2023–2028 (UNITS)
TABLE 232 NETHERLANDS: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2018–2022 (USD MILLION)
TABLE 233 NETHERLANDS: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2023–2028 (USD MILLION)
13.3.10 POLAND
13.3.10.1 Green commuting to raise market demand
FIGURE 74 POLAND: MARKET SHARE OF ELECTRIC SCOOTER SERVICE PROVIDERS (2022)
TABLE 234 POLAND: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2018–2022 (UNITS)
TABLE 235 POLAND: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2023–2028 (UNITS)
TABLE 236 POLAND: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2018–2022 (USD MILLION)
TABLE 237 POLAND: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2023–2028 (USD MILLION)
13.3.11 DENMARK
13.3.11.1 Government promotion of private infrastructure to positively affect market
TABLE 238 DENMARK: TOP CITIES WITH EV CHARGING STATIONS (2022)
TABLE 239 DENMARK: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2018–2022 (UNITS)
TABLE 240 DENMARK: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2023–2028 (UNITS)
TABLE 241 DENMARK: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2018–2022 (USD MILLION)
TABLE 242 DENMARK: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2023–2028 (USD MILLION)
13.4 NORTH AMERICA
13.4.1 NORTH AMERICA: RECESSION IMPACT
FIGURE 75 NORTH AMERICA: ELECTRIC SCOOTER AND MOTORCYCLE MARKET SNAPSHOT
TABLE 243 NORTH AMERICA: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY COUNTRY, 2018–2022 (THOUSAND UNITS)
TABLE 244 NORTH AMERICA: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY COUNTRY, 2023–2028 (THOUSAND UNITS)
TABLE 245 NORTH AMERICA: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY COUNTRY, 2018–2022 (USD MILLION)
TABLE 246 NORTH AMERICA: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY COUNTRY, 2023–2028 (USD MILLION)
13.4.2 US
13.4.2.1 Government initiatives to control increasing pollution to push market demand
TABLE 247 US: POPULAR ELECTRIC TWO-WHEELER OEMS, BY AVERAGE PRICE RANGE
TABLE 248 US: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2018–2022 (UNITS)
TABLE 249 US: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2023–2028 (UNITS)
TABLE 250 US: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2018–2022 (USD MILLION)
TABLE 251 US: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2023–2028 (USD MILLION)
13.4.3 CANADA
13.4.3.1 Government funding for charging infrastructure to be key to market growth
TABLE 252 AVERAGE COST PENETRATION, BY VEHICLE USE, 2022
TABLE 253 CANADA: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2018–2022 (UNITS)
TABLE 254 CANADA: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2023–2028 (UNITS)
TABLE 255 CANADA: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2018–2022 (USD MILLION)
TABLE 256 CANADA: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2023–2028 (USD MILLION)
14 COMPETITIVE LANDSCAPE
14.1 OVERVIEW
TABLE 257 OEM SALES DATA FOR INDIA, 2022
14.2 MARKET SHARE ANALYSIS FOR ELECTRIC SCOOTER AND MOTORCYCLE MARKET
TABLE 258 MARKET SHARE ANALYSIS, 2022
FIGURE 76 MARKET SHARE ANALYSIS, 2022
14.2.1 YADEA TECHNOLOGY GROUP CO., LTD.
14.2.2 JIANGSU XINRI E-VEHICLE CO., LTD.
14.2.3 NIU INTERNATIONAL
14.2.4 HERO ELECTRIC
14.2.5 OKINAWA AUTOTECH INTERNATIONALL PRIVATE LIMITED
14.3 KEY PLAYER STRATEGIES 2019–2023
TABLE 259 OVERVIEW OF STRATEGIES ADOPTED BY KEY PLAYERS IN ELECTRIC SCOOTER AND MOTORCYCLE MARKET
14.4 REVENUE ANALYSIS OF TOP LISTED/PUBLIC PLAYERS, 2021
FIGURE 77 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 260 NEW PRODUCT LAUNCHES, 2019–2023
14.5.2 DEALS
TABLE 261 DEALS, 2019–2023
14.5.3 OTHERS
TABLE 262 OTHERS, 2019–2023
14.6 COMPANY EVALUATION QUADRANT
14.6.1 STARS
14.6.2 EMERGING LEADERS
14.6.3 PERVASIVE PLAYERS
14.6.4 PARTICIPANTS
FIGURE 78 ELECTRIC SCOOTER AND MOTORCYCLE MARKET: COMPANY EVALUATION QUADRANT, 2022
TABLE 263 ELECTRIC SCOOTER AND MOTORCYCLE MARKET: COMPANY FOOTPRINT, 2022
TABLE 264 ELECTRIC SCOOTER AND MOTORCYCLE MARKET: PRODUCT FOOTPRINT, 2022
TABLE 265 ELECTRIC SCOOTER AND MOTORCYCLE MARKET: REGIONAL FOOTPRINT, 2022
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 79 ELECTRIC SCOOTER AND MOTORCYCLE MARKET: START-UP/SME EVALUATION QUADRANT, 2022
TABLE 266 ELECTRIC SCOOTER AND MOTORCYCLE MARKET: DETAILED LIST OF KEY START-UPS/SMES
TABLE 267 ELECTRIC SCOOTERS AND MOTORCYCLE MARKET: COMPETITIVE BENCHMARKING OF KEY PLAYERS [START-UPS/SMES]
15 COMPANY PROFILES
(Business Overview, Products Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats))*
15.1 KEY PLAYERS
15.1.1 YADEA TECHNOLOGY GROUP CO., LTD.
TABLE 268 YADEA TECHNOLOGY GROUP CO., LTD.: BUSINESS OVERVIEW
FIGURE 80 YADEA TECHNOLOGY GROUP CO., LTD.: COMPANY SNAPSHOT
FIGURE 81 YADEA TECHNOLOGY GROUP CO., LTD.: SALES NETWORK, 2022
FIGURE 82 YADEA TECHNOLOGY GROUP CO., LTD.: REVENUE GENERATED BY PRODUCT TYPE, 2020 & 2021
TABLE 269 YADEA TECHNOLOGY GROUP CO., LTD.: PRODUCTS OFFERED
TABLE 270 YADEA TECHNOLOGY GROUP CO., LTD.: NEW PRODUCT DEVELOPMENTS
TABLE 271 YADEA TECHNOLOGY GROUP CO., LTD.: DEALS
TABLE 272 YADEA TECHNOLOGY GROUP CO., LTD.: OTHERS
15.1.2 NIU INTERNATIONAL
TABLE 273 NIU INTERNATIONAL: BUSINESS OVERVIEW
FIGURE 83 NIU INTERNATIONAL: COMPANY SNAPSHOT
FIGURE 84 NIU INTERNATIONAL: ORGANIZATIONAL STRUCTURE
TABLE 274 NIU INTERNATIONAL: PRODUCTS OFFERED
TABLE 275 NIU INTERNATIONAL: NEW PRODUCT DEVELOPMENTS
TABLE 276 NIU INTERNATIONAL: DEALS
15.1.3 SILENCE URBAN ECOMOBILITY
TABLE 277 SILENCE URBAN ECOMOBILITY: BUSINESS OVERVIEW
FIGURE 85 SILENCE URBAN ECOMOBILITY: COMPANY SNAPSHOT
TABLE 278 SILENCE URBAN ECOMOBILITY: PRODUCTS OFFERED
TABLE 279 SILENCE URBAN ECOMOBILITY: NEW PRODUCT DEVELOPMENTS
TABLE 280 SILENCE URBAN ECOMOBILITY: DEALS
TABLE 281 SILENCE URBAN ECOMOBILITY: OTHERS
15.1.4 HERO ELECTRIC
TABLE 282 HERO ELECTRIC: BUSINESS OVERVIEW
FIGURE 86 HERO ELECTRIC: COMPANY ANNUAL GROWTH
TABLE 283 HERO ELECTRIC: PRODUCTS OFFERED
TABLE 284 HERO ELECTRIC: NEW PRODUCT DEVELOPMENTS
TABLE 285 HERO ELECTRIC: DEALS
TABLE 286 HERO ELECTRIC: OTHERS
15.1.5 JIANGSU XINRI E-VEHICLE CO., LTD.
TABLE 287 JIANGSU XINRI E-VEHICLE CO., LTD.: BUSINESS OVERVIEW
FIGURE 87 JIANGSU XINRI E-VEHICLE CO., LTD.: COMPANY SNAPSHOT
TABLE 288 JIANGSU XINRI E-VEHICLE CO., LTD.: PRODUCTS OFFERED
TABLE 289 JIANGSU XINRI E-VEHICLE CO., LTD.: NEW PRODUCT DEVELOPMENTS
TABLE 290 JIANGSU XINRI E-VEHICLE CO., LTD.: DEALS
TABLE 291 JIANGSU XINRI E-VEHICLE CO., LTD.: OTHERS
15.1.6 VMOTO LIMITED
TABLE 292 VMOTO LIMITED: BUSINESS OVERVIEW
FIGURE 88 VMOTO LIMITED: COMPANY SNAPSHOT
FIGURE 89 VMOTO LIMITED: ELECTRIC MOTORCYCLE/MOPED SALES, BY QUARTER, 2020–2022
TABLE 293 VMOTO LIMITED: PRODUCTS OFFERED
TABLE 294 VMOTO LIMITED: NEW PRODUCT DEVELOPMENTS
TABLE 295 VMOTO LIMITED: DEALS
TABLE 296 VMOTO LIMITED: OTHERS
15.1.7 ENERGICA MOTOR COMPANY S.P.A.
TABLE 297 ENERGICA MOTOR COMPANY S.P.A: BUSINESS OVERVIEW
FIGURE 90 ENERGICA MOTOR COMPANY S.P.A.: COMPANY SNAPSHOT
TABLE 298 ENERGICA MOTOR COMPANY S.P.A.: PRODUCTS OFFERED
TABLE 299 ENERGICA MOTOR COMPANY S.P.A.: NEW PRODUCT DEVELOPMENTS
TABLE 300 ENERGICA MOTOR COMPANY S.P.A.: DEALS
TABLE 301 ENERGICA MOTOR COMPANY S.P.A.: OTHERS
15.1.8 ASKOLL EVA S.P.A.
TABLE 302 ASKOLL EVA S.P.A.: BUSINESS OVERVIEW
FIGURE 91 ASKOLL EVA S.P.A.: COMPANY SNAPSHOT
FIGURE 92 ASKOLL EVA S.P.A.: COMPANY BUSINESS LINE SNAPSHOT
TABLE 303 ASKOLL EVA S.P.A.: PRODUCTS OFFERED
TABLE 304 ASKOLL EVA S.P.A.: NEW PRODUCT DEVELOPMENTS
TABLE 305 ASKOLL EVA S.P.A.: DEALS
15.1.9 GOGORO
TABLE 306 GOGORO: BUSINESS OVERVIEW
FIGURE 93 GOGORO: COMPANY SNAPSHOT
TABLE 307 GOGORO: PRODUCTS OFFERED
TABLE 308 GOGORO: NEW PRODUCT DEVELOPMENTS
TABLE 309 GOGORO: DEALS
15.1.10 OKINAWA AUTOTECH INTERNATIONALL PVT. LTD.
TABLE 310 OKINAWA AUTOTECH PVT. LTD.: BUSINESS OVERVIEW
TABLE 311 OKINAWA AUTOTECH PVT. LTD.: PRODUCTS OFFERED
TABLE 312 OKINAWA AUTOTECH INTERNATIONALL PVT. LTD.: NEW PRODUCT DEVELOPMENTS
TABLE 313 OKINAWA AUTOTECH INTERNATIONALL PVT. LTD.: DEALS
TABLE 314 OKINAWA AUTOTECH INTERNATIONALL PVT. LTD.: OTHERS
15.1.11 ZHEJIANG LUYUAN ELECTRIC VEHICLE CO., LTD.
TABLE 315 ZHEJIANG LUYUAN ELECTRIC VEHICLE CO., LTD.: BUSINESS OVERVIEW
TABLE 316 ZHEJIANG LUYUAN ELECTRIC VEHICLE CO., LTD.: PRODUCTS OFFERED
TABLE 317 ZHEJIANG LUYUAN ELECTRIC VEHICLE CO., LTD.: NEW PRODUCT DEVELOPMENTS
TABLE 318 ZHEJIANG LUYUAN ELECTRIC VEHICLE CO., LTD.: DEALS
TABLE 319 ZHEJIANG LUYUAN ELECTRIC VEHICLE CO., LTD.: OTHERS
15.1.12 ZERO MOTORCYCLES, INC.
TABLE 320 ZERO MOTORCYCLES, INC.: BUSINESS OVERVIEW
TABLE 321 ZERO MOTORCYCLES, INC.: PRODUCTS OFFERED
TABLE 322 ZERO MOTORCYCLES, INC.: NEW PRODUCT DEVELOPMENTS
TABLE 323 ZERO MOTORCYCLES, INC.: DEALS
15.1.13 GOVECS
TABLE 324 GOVECS: BUSINESS OVERVIEW
TABLE 325 GOVECS: PRODUCTS OFFERED
TABLE 326 GOVECS: NEW PRODUCT DEVELOPMENTS
TABLE 327 GOVECS: DEALS
TABLE 328 GOVECS CORPORATION: OTHERS
15.2 OTHER PLAYERS
15.2.1 ULTRAVIOLETTE AUTOMOTIVE
TABLE 329 ULTRAVIOLETTE AUTOMOTIVE: BUSINESS OVERVIEW
15.2.2 REVOLT INTELLICORP PRIVATE LIMITED (REVOLT MOTORS)
TABLE 330 REVOLT INTELLICORP PRIVATE LIMITED (REVOLT MOTORS): BUSINESS OVERVIEW
15.2.3 ATHER ENERGY
TABLE 331 ATHER ENERGY: BUSINESS OVERVIEW
15.2.4 OLA ELECTRIC MOBILITY PVT. LTD.
TABLE 332 OLA ELECTRIC MOBILITY PVT LTD.: BUSINESS OVERVIEW
15.2.5 Z ELECTRIC VEHICLE
TABLE 333 Z ELECTRIC VEHICLE: BUSINESS OVERVIEW
15.2.6 CAKE
TABLE 334 CAKE: BUSINESS OVERVIEW
15.2.7 LIGHTNING MOTORCYCLES
TABLE 335 LIGHTNING MOTORCYCLES: BUSINESS OVERVIEW
15.2.8 JOHAMMER
TABLE 336 JOHAMMER: BUSINESS OVERVIEW
15.2.9 PIAGGIO GROUP
TABLE 337 PIAGGIO GROUP: BUSINESS OVERVIEW
15.2.10 KTM AG
TABLE 338 KTM AG: BUSINESS OVERVIEW
15.2.11 HARLEY DAVIDSON
TABLE 339 HARLEY DAVIDSON: BUSINESS OVERVIEW
15.2.12 BMW GROUP
TABLE 340 BMW GROUP: BUSINESS OVERVIEW
15.2.13 AIMA TECHNOLOGY GROUP CO., LTD.
TABLE 341 AIMA TECHNOLOGY GROUP CO., LTD.: BUSINESS OVERVIEW
15.2.14 HONDA MOTOR CO., LTD.
TABLE 342 HONDA MOTOR CO., LTD.: BUSINESS OVERVIEW
15.2.15 GREAVES ELECTRIC MOBILITY PRIVATE LIMITED (AMPERE VEHICLES)
FIGURE 94 GREAVES ELECTRIC MOBILITY PRIVATE LIMITED:
COMPANY REVENUE SNAPSHOT
TABLE 343 GREAVES ELECTRIC MOBILITY PRIVATE LIMITED (AMPERE VEHICLES): BUSINESS OVERVIEW
15.2.16 DONGGUAN TAILING ELECTRIC VEHICLE CO., LTD.
TABLE 344 DONGGUAN TAILING ELECTRIC VEHICLE CO., LTD.: BUSINESS OVERVIEW
15.2.17 ?EZETA
TABLE 345 ?EZETA: BUSINESS OVERVIEW
15.2.18 TERRA MOTORS CORPORATION
TABLE 346 TERRA MOTORS CORPORATION: BUSINESS OVERVIEW
15.2.19 SHANDONG INCALCU ELECTRIC VEHICLE CO., LTD.
TABLE 347 SHANDONG INCALCU ELECTRIC VEHICLE CO., LTD.: BUSINESS OVERVIEW
15.2.20 NEXZU MOBILITY LTD. (AVAN MOTORS INDIA)
TABLE 348 NEXZU MOBILITY LTD. (AVAN MOTORS INDIA): BUSINESS OVERVIEW
15.2.21 EMFLUX MOTORS
TABLE 349 EMFLUX MOTORS: BUSINESS OVERVIEW
15.2.22 TVS MOTOR COMPANY
TABLE 350 TVS MOTOR COMPANY: BUSINESS OVERVIEW
15.2.23 BAJAJ AUTO LTD.
TABLE 351 BAJAJ AUTO LTD.: BUSINESS OVERVIEW
15.2.24 MAHINDRA & MAHINDRA LTD.
TABLE 352 MAHINDRA & MAHINDRA LTD.: BUSINESS OVERVIEW
15.2.25 DAMON MOTORS INC.
TABLE 353 DAMON MOTORS INC.: BUSINESS OVERVIEW
15.2.26 VIAR MOTOR INDONESIA
TABLE 354 VIAR MOTOR INDONESIA: BUSINESS OVERVIEW
15.2.27 SELIS
TABLE 355 SELIS: BUSINESS OVERVIEW
15.2.28 GESITS
TABLE 356 GESITS: BUSINESS OVERVIEW
15.2.29 UNITED MOTOR
TABLE 357 UNITED MOTOR: BUSINESS OVERVIEW
15.2.30 ELVINDO
TABLE 358 ELVINDO: BUSINESS OVERVIEW
15.2.31 RAKATA MOTORCYCLE
TABLE 359 RAKATA MOTORCYCLE: BUSINESS OVERVIEW
15.2.32 KWANG YANG MOTOR CO., LTD.
TABLE 360 KWANG YANG MOTOR CO., LTD.: BUSINESS OVERVIEW
15.2.33 SMOOT ELEKTRIK
TABLE 361 SMOOT ELEKTRIK: BUSINESS OVERVIEW
15.2.34 PT VOLTA INDONESIA SEMESTA (VOLTA)
TABLE 362 PT VOLTA INDONESIA SEMESTA (VOLTA): BUSINESS OVERVIEW
15.2.35 ALVA
TABLE 363 ALVA: BUSINESS OVERVIEW
15.2.36 NUSA MOTORS
TABLE 364 NUSA MOTORS: BUSINESS OVERVIEW
15.2.37 OYIKA
TABLE 365 OYIKA: BUSINESS OVERVIEW
15.2.38 MIGO EBIKE
TABLE 366 MIGO EBIKE: BUSINESS OVERVIEW
15.2.39 BF GOODRICH
TABLE 367 BF GOODRICH: BUSINESS OVERVIEW
15.2.40 ROBERT BOSCH GMBH
TABLE 368 ROBERT BOSCH GMBH: BUSINESS OVERVIEW
15.2.41 NIDEC CORPORATION
TABLE 369 NIDEC CORPORATION: BUSINESS OVERVIEW
15.2.42 CONTINENTAL AG
TABLE 370 CONTINENTAL AG: BUSINESS OVERVIEW
15.2.43 VALEO
TABLE 371 VALEO: BUSINESS OVERVIEW
15.2.44 SEG AUTOMOTIVE
TABLE 372 SEG AUTOMOTIVE: BUSINESS OVERVIEW
*Details on Business Overview, Products 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.
16 RECOMMENDATIONS BY MARKETSANDMARKETS
16.1 RISING DEMAND FOR ELECTRIC SCOOTERS AND MOTORCYCLES IN ASIA PACIFIC
16.2 TECHNOLOGICAL ADVANCEMENTS TO HELP DEVELOP MARKET FOR BATTERY SWAPPING
16.3 CONCLUSION
17 APPENDIX
17.1 KEY INSIGHTS FROM INDUSTRY EXPERTS
17.2 DISCUSSION GUIDE
17.3 KNOWLEDGESTORE: MARKETSANDMARKETS SUBSCRIPTION PORTAL
17.4 CUSTOMIZATION OPTIONS
17.5 RELATED REPORTS
17.6 AUTHOR DETAILS
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
TABLE 1 ELECTRIC SCOOTER AND MOTORCYCLE MARKET DEFINITION, BY VEHICLE TYPE
TABLE 2 ELECTRIC SCOOTER AND MOTORCYCLE MARKET DEFINITION, BY BATTERY TYPE
TABLE 3 ELECTRIC SCOOTER AND MOTORCYCLE MARKET DEFINITION, BY TECHNOLOGY TYPE
TABLE 4 ELECTRIC SCOOTER AND MOTORCYCLE MARKET DEFINITION, BY VEHICLE CLASS
TABLE 5 ELECTRIC SCOOTER AND MOTORCYCLE MARKET DEFINITION, BY USAGE
1.2.1 INCLUSIONS AND EXCLUSIONS
TABLE 6 INCLUSIONS AND EXCLUSIONS FOR ELECTRIC SCOOTER AND MOTORCYCLE MARKET
1.3 MARKET SCOPE
FIGURE 1 ELECTRIC SCOOTER AND MOTORCYCLE MARKET SEGMENTATION
1.3.1 YEARS CONSIDERED
1.4 CURRENCY CONSIDERED
TABLE 7 CURRENCY EXCHANGE RATES
1.5 UNITS CONSIDERED
1.6 STAKEHOLDERS
1.7 SUMMARY OF CHANGES
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
FIGURE 2 ELECTRIC SCOOTER AND MOTORCYCLE MARKET: RESEARCH DESIGN
FIGURE 3 RESEARCH METHODOLOGY MODEL
2.1.1 SECONDARY DATA
2.1.1.1 Key secondary sources
2.1.1.2 Key data from secondary sources
2.1.2 PRIMARY DATA
2.1.2.1 Key data from primary sources
2.1.2.2 List of participating companies for primary research
2.1.2.3 Key industry insights
FIGURE 4 BREAKDOWN OF PRIMARY INTERVIEWS BY COMPANY TYPE, DESIGNATION, AND REGION
2.1.2.4 Major objectives of primary research
2.1.3 LIST OF PRIMARY PARTICIPANTS
2.2 MARKET ESTIMATION METHODOLOGY
FIGURE 5 RESEARCH METHODOLOGY: HYPOTHESIS BUILDING
2.3 MARKET SIZE ESTIMATION
2.3.1 RECESSION IMPACT ANALYSIS
2.3.2 BOTTOM-UP APPROACH
FIGURE 6 BOTTOM-UP APPROACH: ELECTRIC SCOOTER AND MOTORCYCLE MARKET
2.3.3 TOP-DOWN APPROACH
FIGURE 7 TOP-DOWN APPROACH: ELECTRIC SCOOTER AND MOTORCYCLE MARKET
FIGURE 8 ELECTRIC SCOOTER AND MOTORCYCLE MARKET: ESTIMATION NOTES
FIGURE 9 ELECTRIC SCOOTER AND MOTORCYCLE MARKET: RESEARCH DESIGN & METHODOLOGY – DEMAND SIDE
2.4 MARKET BREAKDOWN AND DATA TRIANGULATION
FIGURE 10 DATA TRIANGULATION
2.5 FACTOR ANALYSIS
2.5.1 MARKET GROWTH PROJECTIONS FROM DEMAND-SIDE DRIVERS AND OPPORTUNITIES
FIGURE 11 MARKET GROWTH PROJECTIONS FROM DEMAND-SIDE DRIVERS AND OPPORTUNITIES
2.6 RESEARCH ASSUMPTIONS
2.7 RESEARCH LIMITATIONS
3 EXECUTIVE SUMMARY
FIGURE 12 ELECTRIC SCOOTER AND MOTORCYCLE MARKET: MARKET OVERVIEW
FIGURE 13 E-SCOOTERS/MOPEDS SEGMENT TO HAVE LARGER MARKET SHARE THAN E-MOTORCYCLES SEGMENT FROM 2023 TO 2028
FIGURE 14 ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY REGION, 2023–2028
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN ELECTRIC SCOOTER AND MOTORCYCLE MARKET
FIGURE 15 INCREASING DEMAND FOR EFFICIENT AND EMISSION-FREE COMMUTES TO DRIVE MARKET GROWTH
4.2 ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY REGION
FIGURE 16 ASIA PACIFIC TO DOMINATE ELECTRIC SCOOTER AND MOTORCYCLE MARKET FROM 2023 TO 2028
4.3 ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE
FIGURE 17 E-SCOOTERS/MOPEDS SEGMENT TO LEAD MARKET DURING FORECAST PERIOD
4.4 ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY BATTERY TYPE
FIGURE 18 LITHIUM-ION SEGMENT TO REGISTER HIGHER CAGR THAN SEALED LEAD-ACID SEGMENT FROM 2023 TO 2028
4.5 ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY DISTANCE COVERED
FIGURE 19 BELOW 75 MILES SEGMENT TO LEAD MARKET DURING FORECAST PERIOD
4.6 ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VOLTAGE
FIGURE 20 60 V SEGMENT TO COMMAND HIGHEST MARKET DEMAND FROM 2023 TO 2028
4.7 ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY TECHNOLOGY TYPE
FIGURE 21 PLUG-IN SEGMENT TO LEAD MARKET DURING FORECAST PERIOD
4.8 ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE CLASS
FIGURE 22 ECONOMY SEGMENT TO LEAD MARKET FROM 2023 TO 2028
4.9 ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY USAGE
FIGURE 23 COMMERCIAL SEGMENT TO REGISTER HIGHER CAGR THAN PRIVATE SEGMENT DURING FORECAST PERIOD
5 MARKET OVERVIEW
5.1 INTRODUCTION
TABLE 8 IMPACT OF MARKET DYNAMICS
5.2 MARKET DYNAMICS
FIGURE 24 ELECTRIC SCOOTER AND MOTORCYCLE MARKET DYNAMICS
5.2.1 DRIVERS
FIGURE 25 FACTORS DRIVING ELECTRIC SCOOTER AND MOTORCYCLE MARKET
5.2.1.1 Low operating and maintenance costs
FIGURE 26 COST SAVING COMPARISON: ELECTRIC SCOOTERS VS. PETROL SCOOTERS
FIGURE 27 COST DISTANCE RATIO ANALYSIS FOR ITALIAN ELECTRIC SCOOTER AND MOTORCYCLE MARKET
5.2.1.2 Government incentives and subsidies
FIGURE 28 ELECTRIFICATION TARGET, BY COUNTRY
TABLE 9 COUNTRY-WISE GOVERNMENT INCENTIVES AND SUBSIDIES
5.2.1.3 Advancements in battery technology
FIGURE 29 AVERAGE ENERGY DENSITY (WH/L) OF LI-ION BATTERIES, 2017–2031
TABLE 10 ELECTRIC SCOOTERS AND MOTORCYCLES WITH SIGNIFICANT RANGE AND BATTERY TYPE
5.2.1.4 Implementation of battery swapping technology
FIGURE 30 BATTERY SWAPPING SYSTEM
5.2.1.5 Rapid urbanization fueling need for convenient modes of transportation
FIGURE 31 SHARE OF URBAN POPULATION WORLDWIDE, BY CONTINENT, 2022
5.2.2 RESTRAINTS
5.2.2.1 Lack of charging infrastructure
FIGURE 32 FAST PUBLICLY AVAILABLE CHARGERS, 2017–2022
5.2.2.2 Lack of power output and limited range
TABLE 11 MODEL-WISE DRIVING RANGE OF ELECTRIC SCOOTERS AND MOTORCYCLES
5.2.2.3 Battery heating issues and long charging time
TABLE 12 TIME REQUIRED TO CHARGE ELECTRIC SCOOTERS AND MOTORCYCLES
5.2.3 OPPORTUNITIES
FIGURE 33 OPPORTUNITIES FOR ELECTRIC SCOOTER AND MOTORCYCLE MARKET
5.2.3.1 Government bodies backing electric two-wheelers
TABLE 13 KEY INITIATIVES BY GOVERNMENT BODIES IN EMERGING MARKETS
5.2.3.2 Decreasing prices of batteries
FIGURE 34 LITHIUM-ION BATTERY PRICE TREND, 2013–2022 (USD/KWH)
5.2.3.3 New revenue pockets in Asia Pacific and Europe
5.2.3.4 Use of IoT and smart infrastructure in electric two-wheeler charging stations for load management
FIGURE 35 SMART IOT-BASED TECHNOLOGY USED IN ELECTRIC TWO-WHEELER CHARGING STATIONS
5.2.4 CHALLENGES
5.2.4.1 Initial investments and high cost of electricity
FIGURE 36 AVERAGE TOTAL COST OF CONVENTIONAL VS. ELECTRIC TWO-WHEELERS (2022)
TABLE 14 GLOBAL AVERAGE ELECTRICITY COST, 2022
5.2.4.2 Lack of compatibility, interchangeability, and standardization
5.2.4.3 Technological barriers related to battery development
FIGURE 37 TECHNOLOGICAL BARRIERS FOR ELECTRIC TWO-WHEELERS
5.3 PORTER’S FIVE FORCES
FIGURE 38 PORTER’S FIVE FORCES: ELECTRIC SCOOTER AND MOTORCYCLE MARKET
TABLE 15 ELECTRIC SCOOTER AND MOTORCYCLE MARKET: IMPACT OF PORTER’S 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 MNM INSIGHTS ON OEM PLANNING AND DEVELOPMENTS
TABLE 16 OEM PLANNING AND DEVELOPMENTS
5.5 PRICING ANALYSIS
5.5.1 AVERAGE SELLING PRICE TRENDS, BY VEHICLE TYPE
FIGURE 39 AVERAGE SELLING PRICE TRENDS, BY VEHICLE TYPE
5.5.2 ELECTRIC SCOOTERS: AVERAGE SELLING PRICE, BY KEY PLAYERS
TABLE 17 ELECTRIC SCOOTERS: PRICE RANGE ANALYSIS
5.5.3 ELECTRIC MOTORCYCLES: AVERAGE SELLING PRICE, BY KEY PLAYERS
TABLE 18 ELECTRIC MOTORCYCLES: PRICE RANGE ANALYSIS
TABLE 19 ELECTRIC SCOOTERS AND MOTORCYCLES: PRICE RANGE ANALYSIS
TABLE 20 OEM ELECTRIC VEHICLE MODELS: AVERAGE PRICE
5.6 ECOSYSTEM ANALYSIS
FIGURE 40 ELECTRIC SCOOTER AND MOTORCYCLE MARKET: ECOSYSTEM ANALYSIS
TABLE 21 ELECTRIC SCOOTER AND MOTORCYCLE MARKET: ROLE OF COMPANIES IN ECOSYSTEM
5.7 MACROECONOMIC INDICATORS
5.7.1 GDP TRENDS AND FORECAST FOR MAJOR ECONOMIES
TABLE 22 GDP TRENDS AND FORECAST, BY MAJOR ECONOMIES, 2018–2026 (USD BILLION)
TABLE 23 REAL GDP GROWTH RATE (ANNUAL PERCENTAGE CHANGE AND FORECAST), BY MAJOR ECONOMIES, 2022–2026
TABLE 24 GDP PER CAPITA TRENDS AND FORECAST, BY MAJOR ECONOMIES, 2018–2026 (USD)
5.8 VALUE CHAIN ANALYSIS
FIGURE 41 VALUE CHAIN ANALYSIS: ELECTRIC SCOOTER AND MOTORCYCLE MARKET
5.9 CASE STUDY ANALYSIS
5.9.1 ATHER ENERGY CASE STUDY
5.9.2 HERO ELECTRIC CASE STUDY
5.9.3 GENZE CASE STUDY
5.9.4 CASE STUDY ON OFFICIAL POSTAL SERVICE OF TAIWAN
5.10 PATENT ANALYSIS
TABLE 25 IMPORTANT PATENT REGISTRATIONS RELATED TO ELECTRIC SCOOTER AND MOTORCYCLE MARKET
FIGURE 42 GLOBALLY PUBLISHED PATENTS FOR ELECTRIC SCOOTER AND MOTORCYCLE MARKET (2017–2022)
5.11 TECHNOLOGY ANALYSIS
5.11.1 BATTERY SWAPPING IN ELECTRIC SCOOTERS
FIGURE 43 TCO OF ICE VS. BATTERY SWAPPING POWERED VEHICLES, 2022
5.11.2 IOT IN ELECTRIC TWO-WHEELERS
5.11.3 REGENERATIVE BRAKING
5.11.4 SHARED MOBILITY
5.11.5 SOLID-STATE BATTERIES
5.11.6 SMART CHARGING SYSTEMS
FIGURE 44 SMART EV CHARGING SYSTEM
5.11.7 BATTERY-RELATED SERVICES
5.12 REGULATORY OVERVIEW
TABLE 26 GLOBAL REGULATORY ENVIRONMENT
TABLE 27 CENTRAL AND STATE TAXES AND FEES IN INDIA FOR VEHICLES SELECTED
5.12.1 COUNTRY-WISE TARIFF AND REGULATORY OVERVIEW
5.12.1.1 India
5.12.1.2 Indonesia
5.12.1.3 China
5.12.1.4 France
5.12.1.5 Germany
5.12.1.6 Spain
5.12.1.7 Austria
5.12.1.8 US
5.12.2 LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 28 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 29 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 30 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
5.13 KEY CONFERENCES AND EVENTS IN 2022–2023
TABLE 31 ELECTRIC SCOOTER AND MOTORCYCLE MARKET: DETAILED LIST OF CONFERENCES AND EVENTS
5.14 KEY STAKEHOLDERS AND BUYING CRITERIA
5.14.1 KEY STAKEHOLDERS IN BUYING PROCESS
FIGURE 45 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS
TABLE 32 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS (%)
5.14.2 BUYING CRITERIA
5.14.2.1 Food delivery
5.14.2.2 Postal services
5.14.2.3 Municipal services
FIGURE 46 KEY BUYING CRITERIA
TABLE 33 KEY BUYING CRITERIA
5.15 TRENDS AND DISRUPTIONS
FIGURE 47 TRENDS AND DISRUPTIONS
TABLE 34 IMPLICATIONS OF FUTURE HOTBEDS IN ELECTRIC SCOOTER AND MOTORCYCLE MARKET
5.16 RECESSION IMPACT ANALYSIS
TABLE 35 ELECTRIC SCOOTER AND MOTORCYCLE SALES, BY KEY COUNTRIES, 2021–2022
5.17 SCENARIO ANALYSIS
5.17.1 MOST LIKELY SCENARIO
TABLE 36 MOST LIKELY SCENARIO: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY REGION, 2023–2028 (USD MILLION)
5.17.2 OPTIMISTIC SCENARIO
TABLE 37 OPTIMISTIC SCENARIO: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY REGION, 2023–2028 (USD MILLION)
5.17.3 PESSIMISTIC SCENARIO
TABLE 38 PESSIMISTIC SCENARIO: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY REGION, 2023–2028 (THOUSAND UNITS)
6 ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY BATTERY TYPE
6.1 INTRODUCTION
FIGURE 48 LITHIUM-ION BATTERY VS. LEAD-ACID BATTERY
FIGURE 49 LITHIUM-ION BATTERY SEGMENT PROJECTED TO GROW AT HIGHER CAGR DURING FORECAST PERIOD
TABLE 39 ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY BATTERY TYPE, 2018–2022 (THOUSAND UNITS)
TABLE 40 ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY BATTERY TYPE, 2023–2028 (THOUSAND UNITS)
TABLE 41 ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY BATTERY TYPE, 2018–2022 (USD MILLION)
TABLE 42 ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY BATTERY TYPE, 2023–2028 (USD MILLION)
TABLE 43 ADVANTAGES AND DISADVANTAGES OF LEAD-ACID BATTERIES
TABLE 44 ADVANTAGES AND DISADVANTAGES OF LITHIUM-ION BATTERIES
6.2 SEALED LEAD-ACID
6.2.1 LOW COST OF LEAD-ACID BATTERIES TO DRIVE MARKET
TABLE 45 SEALED LEAD-ACID BATTERY: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY REGION, 2018–2022 (THOUSAND UNITS)
TABLE 46 SEALED LEAD-ACID BATTERY: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY REGION, 2023–2028 (THOUSAND UNITS)
TABLE 47 SEALED LEAD-ACID BATTERY: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY REGION, 2018–2022 (USD MILLION)
TABLE 48 SEALED LEAD-ACID BATTERY: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY REGION, 2023–2028 (USD MILLION)
6.3 LITHIUM-ION
6.3.1 ASIA PACIFIC TO LEAD LITHIUM-ION BATTERY SEGMENT DUE TO GROWING USAGE OF MODERN ELECTRIC TWO-WHEELERS
FIGURE 50 CHEMISTRIES OF CATHODES
FIGURE 51 LITHIUM-ION BATTERY CELL PRODUCTION CAPACITY, BY REGION, 2022
TABLE 49 LITHIUM-ION BATTERY: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY REGION, 2018–2022 (THOUSAND UNITS)
TABLE 50 LITHIUM-ION BATTERY: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY REGION, 2023–2028 (THOUSAND UNITS)
TABLE 51 LITHIUM-ION BATTERY: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY REGION, 2018–2022 (USD MILLION)
TABLE 52 LITHIUM-ION BATTERY: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY REGION, 2023–2028 (USD MILLION)
6.4 NICKEL METAL HYDRIDE BATTERY
6.5 SODIUM-ION BATTERY
6.6 KEY PRIMARY INSIGHTS
7 ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY DISTANCE COVERED
7.1 INTRODUCTION
FIGURE 52 KEY MANUFACTURERS AND THEIR VEHICLE MODELS WITH RANGE
FIGURE 53 75–100 MILES SEGMENT TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD
TABLE 53 ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY DISTANCE COVERED, 2018–2022 (THOUSAND UNITS)
TABLE 54 ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY DISTANCE COVERED, 2023–2028 (THOUSAND UNITS)
TABLE 55 ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY DISTANCE COVERED, 2018–2022 (USD MILLION)
TABLE 56 ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY DISTANCE COVERED, 2023–2028 (USD MILLION)
7.2 BELOW 75 MILES
7.2.1 ASIA PACIFIC TO HOLD MAJOR MARKET SHARE IN BELOW 75 MILES SEGMENT
TABLE 57 BELOW 75 MILES: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY REGION, 2018–2022 (THOUSAND UNITS)
TABLE 58 BELOW 75 MILES: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY REGION, 2023–2028 (THOUSAND UNITS)
TABLE 59 BELOW 75 MILES: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY REGION, 2018–2022 (USD MILLION)
TABLE 60 BELOW 75 MILES: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY REGION, 2023–2028 (USD MILLION)
7.3 75–100 MILES
7.3.1 IMPROVING BATTERY TECHNOLOGIES TO DRIVE DEMAND FOR 75–100 MILES RANGE ELECTRIC TWO-WHEELERS
TABLE 61 75–100 MILES: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY REGION, 2018–2022 (THOUSAND UNITS)
TABLE 62 75–100 MILES: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY REGION, 2023–2028 (THOUSAND UNITS)
TABLE 63 75–100 MILES: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY REGION, 2018–2022 (USD MILLION)
TABLE 64 75–100 MILES: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY REGION, 2023–2028 (USD MILLION)
7.4 ABOVE 100 MILES
7.4.1 DEVELOPMENTS IN BATTERY TECHNOLOGY TO BOOST DEMAND FOR HIGH-RANGE ELECTRIC SCOOTERS AND MOTORCYCLES
TABLE 65 ABOVE 100 MILES: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY REGION, 2018–2022 (THOUSAND UNITS)
TABLE 66 ABOVE 100 MILES: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY REGION, 2023–2028 (THOUSAND UNITS)
TABLE 67 ABOVE 100 MILES: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY REGION, 2018–2022 (USD MILLION)
TABLE 68 ABOVE 100 MILES: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY REGION, 2023–2028 (USD MILLION)
7.5 KEY PRIMARY INSIGHTS
8 ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VOLTAGE TYPE
8.1 INTRODUCTION
FIGURE 54 ELECTRIC SCOOTERS AND MOTORCYCLES OFFERED BY OEMS, BY VOLTAGE TYPE
FIGURE 55 60 V SEGMENT TO HOLD LARGEST MARKET SHARE DURING FORECAST PERIOD
TABLE 69 ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VOLTAGE TYPE, 2018–2022 (THOUSAND UNITS)
TABLE 70 ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VOLTAGE TYPE, 2023–2028 (THOUSAND UNITS)
TABLE 71 ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VOLTAGE TYPE, 2018–2022 (USD MILLION)
TABLE 72 ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VOLTAGE TYPE, 2023–2028 (USD MILLION)
8.2 36 V
8.2.1 RISING DEMAND FOR DAILY SHORT-DISTANCE TRAVEL TO DRIVE SEGMENT
TABLE 73 36 V: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY REGION, 2018–2022 (THOUSAND UNITS)
TABLE 74 36 V: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY REGION, 2023–2028 (THOUSAND UNITS)
TABLE 75 36 V: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY REGION, 2018–2022 (USD MILLION)
TABLE 76 36 V: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY REGION, 2023–2028 (USD MILLION)
8.3 48 V
8.3.1 RISING DEMAND FOR 48 V-POWERED ELECTRIC SCOOTERS AND MOTORCYCLES FOR SHORT MOBILITY PURPOSES
TABLE 77 48 V: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY REGION, 2018–2022 (THOUSAND UNITS)
TABLE 78 48 V: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY REGION, 2023–2028 (THOUSAND UNITS)
TABLE 79 48 V: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY REGION, 2018–2022 (USD MILLION)
TABLE 80 48 V: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY REGION, 2023–2028 (USD MILLION)
8.4 60 V
8.4.1 GROWING NEED FOR HIGH-PERFORMANCE ELECTRIC TWO-WHEELERS TO DRIVE SEGMENT
TABLE 81 60 V: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY REGION, 2018–2022 (THOUSAND UNITS)
TABLE 82 60 V: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY REGION, 2023–2028 (THOUSAND UNITS)
TABLE 83 60 V: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY REGION, 2018–2022 (USD MILLION)
TABLE 84 60 V: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY REGION, 2023–2028 (USD MILLION)
8.5 72 V
8.5.1 ADVANCEMENTS IN BATTERY TECHNOLOGY AND GROWING DEMAND FOR HIGH-PERFORMANCE TWO-WHEELERS TO DRIVE MARKET
TABLE 85 72 V: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY REGION, 2018–2022 (THOUSAND UNITS)
TABLE 86 72 V: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY REGION, 2023–2028 (THOUSAND UNITS)
TABLE 87 72 V: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY REGION, 2018–2022 (USD MILLION)
TABLE 88 72 V: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY REGION, 2023–2028 (USD MILLION)
8.6 ABOVE 72 V
8.6.1 ADVANCEMENTS IN BATTERY TECHNOLOGY FOR HIGH-PERFORMANCE MOTORCYCLES TO DRIVE SEGMENT
TABLE 89 ABOVE 72 V: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY REGION, 2018–2022 (THOUSAND UNITS)
TABLE 90 ABOVE 72 V: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY REGION, 2023–2028 (THOUSAND UNITS)
TABLE 91 ABOVE 72 V: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY REGION, 2018–2022 (USD MILLION)
TABLE 92 ABOVE 72 V: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY REGION, 2023–2028 (USD MILLION)
8.7 KEY PRIMARY INSIGHTS
9 ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY TECHNOLOGY TYPE
9.1 INTRODUCTION
FIGURE 56 PLUG-IN SEGMENT TO HOLD LARGER MARKET SHARE THAN BATTERY SEGMENT DURING FORECAST PERIOD
TABLE 93 ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY TECHNOLOGY TYPE, 2018–2022 (THOUSAND UNITS)
TABLE 94 ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY TECHNOLOGY TYPE, 2023–2028 (THOUSAND UNITS)
TABLE 95 ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY TECHNOLOGY TYPE, 2018–2022 (USD MILLION)
TABLE 96 ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY TECHNOLOGY TYPE, 2023–2028 (USD MILLION)
9.2 PLUG-IN
9.2.1 INCREASING PUBLIC FAST-CHARGING STATIONS FOR ELECTRIC TWO-WHEELERS TO DRIVE SEGMENT
TABLE 97 PLUG-IN: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY REGION, 2018–2022 (THOUSAND UNITS)
TABLE 98 PLUG-IN: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY REGION, 2023–2028 (THOUSAND UNITS)
TABLE 99 PLUG-IN: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY REGION, 2018–2022 (USD MILLION)
TABLE 100 PLUG-IN: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY REGION, 2023–2028 (USD MILLION)
9.3 BATTERY
9.3.1 INITIAL COST-BENEFIT ON PURCHASE OF BATTERY SWAPPING SCOOTERS AND MOTORCYCLES TO DRIVE MARKET
FIGURE 57 BATTERY-POWERED ELECTRIC SCOOTER AND MOTORCYCLE BUSINESS MODEL
TABLE 101 BATTERY: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY REGION, 2018–2022 (THOUSAND UNITS)
TABLE 102 BATTERY: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY REGION, 2023–2028 (THOUSAND UNITS)
TABLE 103 BATTERY: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY REGION, 2018–2022 (USD MILLION)
TABLE 104 BATTERY: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY REGION, 2023–2028 (USD MILLION))
9.4 KEY PRIMARY INSIGHTS
10 ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE CLASS
10.1 INTRODUCTION
FIGURE 58 LUXURY SEGMENT TO REGISTER HIGHER CAGR THAN ECONOMY SEGMENT FROM 2023 TO 2028
TABLE 105 ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE CLASS, 2018–2022 (THOUSAND UNITS)
TABLE 106 ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE CLASS, 2023–2028 (THOUSAND UNITS)
TABLE 107 ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE CLASS, 2018–2022 (USD MILLION)
TABLE 108 ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE CLASS, 2023–2028 (USD MILLION)
10.2 ECONOMY
10.2.1 INCREASED SALES OF ELECTRIC SCOOTERS IN ASIA PACIFIC TO DRIVE SEGMENT
TABLE 109 ECONOMY: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY REGION, 2018–2022 (THOUSAND UNITS)
TABLE 110 ECONOMY: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY REGION, 2023–2028 (THOUSAND UNITS)
TABLE 111 ECONOMY: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY REGION, 2018–2022 (USD MILLION)
TABLE 112 ECONOMY: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY REGION, 2023–2028 (USD MILLION))
10.3 LUXURY
10.3.1 RISING ADOPTION OF LUXURY-CLASS ELECTRIC TWO-WHEELERS TO DRIVE SEGMENT
TABLE 113 LUXURY: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY REGION, 2018–2022 (THOUSAND UNITS)
TABLE 114 LUXURY: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY REGION, 2023–2028 (THOUSAND UNITS)
TABLE 115 LUXURY: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY REGION, 2018–2022 (USD MILLION)
TABLE 116 LUXURY: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY REGION, 2023–2028 (USD MILLION)
10.4 KEY PRIMARY INSIGHTS
11 ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE
11.1 INTRODUCTION
FIGURE 59 TECHNICAL SPECIFICATIONS FOR CONVENTIONAL AND BATTERY ELECTRIC TWO-WHEELERS IN 2022
FIGURE 60 E-MOTORCYCLES SEGMENT TO REGISTER HIGHER CAGR THAN E-SCOOTERS/MOPEDS DURING FORECAST PERIOD
TABLE 117 ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2018–2022 (THOUSAND UNITS)
TABLE 118 ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2023–2028 (THOUSAND UNITS)
TABLE 119 ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2018–2022 (USD MILLION)
TABLE 120 ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2023–2028 (USD MILLION)
TABLE 121 KEY OEMS AND THEIR PRODUCTION CAPACITY IN INDIA
11.2 E-SCOOTERS/MOPEDS
11.2.1 GROWING GOVERNMENT INITIATIVES TO ENHANCE E-MOBILITY
TABLE 122 E-SCOOTERS/MOPEDS MARKET, BY REGION, 2018–2022 (THOUSAND UNITS)
TABLE 123 E-SCOOTERS/MOPEDS MARKET, BY REGION, 2023–2028 (THOUSAND UNITS)
TABLE 124 E-SCOOTERS/MOPEDS MARKET, BY REGION, 2018–2022 (USD MILLION)
TABLE 125 E-SCOOTERS/MOPEDS MARKET, BY REGION, 2023–2028 (USD MILLION))
11.3 E-MOTORCYCLES
11.3.1 RISING DEMAND FOR HIGH-PERFORMANCE ELECTRIC MOTORCYCLES TO DRIVE MARKET
TABLE 126 E-MOTORCYCLES MARKET, BY REGION, 2018–2022 (THOUSAND UNITS)
TABLE 127 E-MOTORCYCLES MARKET, BY REGION, 2023–2028 (THOUSAND UNITS)
TABLE 128 E-MOTORCYCLES MARKET, BY REGION, 2018–2022 (USD MILLION)
TABLE 129 E-MOTORCYCLES MARKET, BY REGION, 2023–2028 (USD MILLION))
11.4 KEY PRIMARY INSIGHTS
12 ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY USAGE
12.1 INTRODUCTION
FIGURE 61 ELECTRIC TWO-WHEELER USER CATEGORIES AND CHARGING INFRASTRUCTURE
FIGURE 62 PRIVATE SEGMENT TO REGISTER HIGHER CAGR THAN COMMERCIAL SEGMENT DURING FORECAST PERIOD
TABLE 130 ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY USAGE, 2018–2022 (THOUSAND UNITS)
TABLE 131 ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY USAGE, 2023–2028 (THOUSAND UNITS)
TABLE 132 ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY USAGE, 2018–2022 (USD MILLION)
TABLE 133 ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY USAGE, 2023–2028 (USD MILLION)
12.2 PRIVATE
12.2.1 VARIED RANGE OF PRODUCTS CLUBBED WITH GOVERNMENT INCENTIVES AND REDUCING PRICES TO DRIVE SEGMENT
TABLE 134 PRIVATE: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY REGION, 2018–2022 (THOUSAND UNITS)
TABLE 135 PRIVATE: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY REGION, 2023–2028 (THOUSAND UNITS)
TABLE 136 PRIVATE: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY REGION, 2018–2022 (USD MILLION)
TABLE 137 PRIVATE: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY REGION, 2023–2028 (USD MILLION))
12.3 COMMERCIAL USE
12.3.1 HIGH INITIAL COST OF OWNERSHIP AND LOW OPERATIONAL AND MAINTENANCE COSTS TO DRIVE SEGMENT
TABLE 138 COMMERCIAL: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY REGION, 2018–2022 (THOUSAND UNITS)
TABLE 139 COMMERCIAL: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY REGION, 2023–2028 (THOUSAND UNITS)
TABLE 140 COMMERCIAL: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY REGION, 2018–2022 (USD MILLION)
TABLE 141 COMMERCIAL: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY REGION, 2023–2028 (USD MILLION))
12.4 KEY PRIMARY INSIGHTS
13 ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY REGION
13.1 INTRODUCTION
FIGURE 63 ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY REGION, 2023 VS. 2028
TABLE 142 ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY REGION, 2018–2022 (THOUSAND UNITS)
TABLE 143 ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY REGION, 2023–2028 (THOUSAND UNITS)
TABLE 144 ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY REGION, 2018–2022 (USD MILLION)
TABLE 145 ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY REGION, 2023–2028 (USD MILLION)
13.2 ASIA PACIFIC
13.2.1 ASIA PACIFIC: RECESSION IMPACT
FIGURE 64 ASIA PACIFIC: ELECTRIC SCOOTER AND MOTORCYCLE MARKET SNAPSHOT
TABLE 146 ASIA PACIFIC: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY COUNTRY, 2018–2022 (THOUSAND UNITS)
TABLE 147 ASIA PACIFIC: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY COUNTRY, 2023–2028 (THOUSAND UNITS)
TABLE 148 ASIA PACIFIC: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY COUNTRY, 2018–2022 (USD MILLION)
TABLE 149 ASIA PACIFIC: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY COUNTRY, 2023–2028 (USD MILLION)
13.2.2 CHINA
13.2.2.1 China to be largest market for e-scooters/mopeds globally
FIGURE 65 MARKET GROWTH OF ELECTRIC MOTORCYCLES AND SCOOTERS IN CHINA, 2015–2024
TABLE 150 CHINA: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2018–2022 (UNITS)
TABLE 151 CHINA: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2023–2028 (UNITS)
TABLE 152 CHINA: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2018–2022 (USD MILLION)
TABLE 153 CHINA: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2023–2028 (USD MILLION)
13.2.3 JAPAN
13.2.3.1 Renowned manufacturers to develop advanced electric two-wheelers in Japan
TABLE 154 ELECTRIC TWO-WHEELER IMPORT DATA OF JAPAN
TABLE 155 JAPAN: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2018–2022 (UNITS)
TABLE 156 JAPAN: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2023–2028 (UNITS)
TABLE 157 JAPAN: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2018–2022 (USD MILLION)
TABLE 158 JAPAN: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2023–2028 (USD MILLION)
13.2.4 INDIA
13.2.4.1 Shift of focus from ICE two-wheelers to electric two-wheelers to reduce pollution
TABLE 159 KEY PLANNED INVESTMENTS IN INDIA BATTERY MANUFACTURING SPACE, 2022
FIGURE 66 INDIA: ANNUAL ELECTRIC TWO-WHEELER SALES PROJECTION, 2018–2025
TABLE 160 INDIA: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2018–2022 (UNITS)
TABLE 161 INDIA: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2023–2028 (UNITS)
TABLE 162 INDIA: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2018–2022 (USD MILLION)
TABLE 163 INDIA: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2023–2028 (USD MILLION)
13.2.5 SOUTH KOREA
13.2.5.1 South Korean automotive industry to develop electric two-wheelers
TABLE 164 SOUTH KOREA: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2018–2022 (UNITS)
TABLE 165 SOUTH KOREA: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2023–2028 (UNITS)
TABLE 166 SOUTH KOREA: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2018–2022 (USD MILLION)
TABLE 167 SOUTH KOREA: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2023–2028 (USD MILLION)
13.2.6 TAIWAN
13.2.6.1 Expanding charging solution networks in Taiwan to boost market
FIGURE 67 TAIWAN: E-SCOOTER MARKET SHARE, 2022
FIGURE 68 TAIWAN: BATTERY SWAPPING NETWORK, BY GOGORO, 2022
FIGURE 69 TAIWAN: ELECTRIC SCOOTER REGISTRATIONS, BY BRAND, 2022
TABLE 168 TAIWAN: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2018–2022 (UNITS)
TABLE 169 TAIWAN: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2023–2028 (UNITS)
TABLE 170 TAIWAN: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2018–2022 (USD MILLION)
TABLE 171 TAIWAN: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2023–2028 (USD MILLION)
13.2.7 THAILAND
13.2.7.1 Need to curb emissions to create more opportunities for electric two-wheelers
TABLE 172 THAILAND: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2018–2022 (UNITS)
TABLE 173 THAILAND: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2023–2028 (UNITS)
TABLE 174 THAILAND: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2018–2022 (USD MILLION)
TABLE 175 THAILAND: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2023–2028 (USD MILLION)
13.2.8 INDONESIA
13.2.8.1 Government initiatives and strong local demand to boost market
FIGURE 70 INDONESIA: EXISTING POLICIES FOR ELECTRIC TWO-WHEELERS
TABLE 176 INDONESIA: OEM SALES (UNITS), 2022
TABLE 177 ELECTRIC TWO/THREE-WHEELERS AVAILABLE FOR SALE IN INDONESIAN MARKET
TABLE 178 INDONESIA: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2018–2022 (UNITS)
TABLE 179 INDONESIA: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2023–2028 (UNITS)
TABLE 180 INDONESIA: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2018–2022 (USD MILLION)
TABLE 181 INDONESIA: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2023–2028 (USD MILLION)
13.2.9 MALAYSIA
13.2.9.1 Increasing technological development and emergence of electric mobility-as-a-service to drive market
TABLE 182 MALAYSIA: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2018–2022 (UNITS)
TABLE 183 MALAYSIA: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2023–2028 (UNITS)
TABLE 184 MALAYSIA: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2018–2022 (USD MILLION)
TABLE 185 MALAYSIA: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2023–2028 (USD MILLION)
13.2.10 PHILIPPINES
13.2.10.1 Increasing industrialization to drive market
TABLE 186 PHILIPPINES: ELECTRIC SCOOTER AND MOTORCYCLE PRICES
TABLE 187 PHILIPPINES: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2018–2022 (UNITS)
TABLE 188 PHILIPPINES: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2023–2028 (UNITS)
TABLE 189 PHILIPPINES: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2018–2022 (USD MILLION)
TABLE 190 PHILIPPINES: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2023–2028 (USD MILLION)
13.2.11 VIETNAM
13.2.11.1 Focus on reducing GHG emissions to drive market
TABLE 191 VIETNAM: ELECTRIC SCOOTER AND MOTORCYCLE PRICES
TABLE 192 VIETNAM: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2018–2022 (UNITS)
TABLE 193 VIETNAM: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2023–2028 (UNITS)
TABLE 194 VIETNAM: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2018–2022 (USD MILLION)
TABLE 195 VIETNAM: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2023–2028 (USD MILLION)
13.3 EUROPE
13.3.1 EUROPE: RECESSION IMPACT
FIGURE 71 EUROPE: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY COUNTRY, 2023 VS. 2028 (USD MILLION)
TABLE 196 EUROPE: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY COUNTRY, 2018–2022 (THOUSAND UNITS)
TABLE 197 EUROPE: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY COUNTRY, 2023–2028 (THOUSAND UNITS)
TABLE 198 EUROPE: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY COUNTRY, 2018–2022 (USD MILLION)
TABLE 199 EUROPE: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY COUNTRY, 2023–2028 (USD MILLION)
13.3.2 FRANCE
13.3.2.1 Purchase grants by French government to boost demand
TABLE 200 FRANCE: EV CHARGING INFRASTRUCTURE TARGETS
TABLE 201 FRANCE: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2018–2022 (UNITS)
TABLE 202 FRANCE: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2023–2028 (UNITS)
TABLE 203 FRANCE: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2018–2022 (USD MILLION)
TABLE 204 FRANCE: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2023–2028 (USD MILLION)
13.3.3 GERMANY
13.3.3.1 Leading players from Germany to enter electric two-wheeler segment
FIGURE 72 GERMANY: SCOOTER-SHARING PROVIDERS
TABLE 205 GERMANY: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2018–2022 (UNITS)
TABLE 206 GERMANY: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2023–2028 (UNITS)
TABLE 207 GERMANY: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2018–2022 (USD MILLION)
TABLE 208 GERMANY: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2023–2028 (USD MILLION)
13.3.4 SPAIN
13.3.4.1 Increasing government investments in charging infrastructure to fuel market
FIGURE 73 SPAIN: EV FLEET BY 2030
TABLE 209 SPAIN: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2018–2022 (UNITS)
TABLE 210 SPAIN: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2023–2028 (UNITS)
TABLE 211 SPAIN: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2018–2022 (USD MILLION)
TABLE 212 SPAIN: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2023–2028 (USD MILLION)
13.3.5 AUSTRIA
13.3.5.1 Development of performance e-motorcycles to drive market
TABLE 213 AUSTRIA: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2018–2022 (UNITS)
TABLE 214 AUSTRIA: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2023–2028 (UNITS)
TABLE 215 AUSTRIA: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2018–2022 (USD MILLION)
TABLE 216 AUSTRIA: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2023–2028 (USD MILLION)
13.3.6 UK
13.3.6.1 Investments in ultra-low emission vehicles to drive market
TABLE 217 UK: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2018–2022 (UNITS)
TABLE 218 UK: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2023–2028 (UNITS)
TABLE 219 UK: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2018–2022 (USD MILLION)
TABLE 220 UK: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2023–2028 (USD MILLION)
13.3.7 ITALY
13.3.7.1 Superior performance of e-scooters and e-motorcycles to drive market
TABLE 221 ITALY: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2018–2022 (UNITS)
TABLE 222 ITALY: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2023–2028 (UNITS)
TABLE 223 ITALY: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2018–2022 (USD MILLION)
TABLE 224 ITALY: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2023–2028 (USD MILLION)
13.3.8 BELGIUM
13.3.8.1 Development of advanced charging infrastructure by Belgian government to promote electric two-wheelers
TABLE 225 BELGIUM: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2018–2022 (UNITS)
TABLE 226 BELGIUM: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2023–2028 (UNITS)
TABLE 227 BELGIUM: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2018–2022 (USD MILLION)
TABLE 228 BELGIUM: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2023–2028 (USD MILLION)
13.3.9 NETHERLANDS
13.3.9.1 Plan to phase out conventional ICE two-wheelers to drive market
TABLE 229 NETHERLAND: ELECTRIC SCOOTER IMPORT DATA (2022)
TABLE 230 NETHERLANDS: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2018–2022 (UNITS)
TABLE 231 NETHERLANDS: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2023–2028 (UNITS)
TABLE 232 NETHERLANDS: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2018–2022 (USD MILLION)
TABLE 233 NETHERLANDS: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2023–2028 (USD MILLION)
13.3.10 POLAND
13.3.10.1 Green commuting to raise market demand
FIGURE 74 POLAND: MARKET SHARE OF ELECTRIC SCOOTER SERVICE PROVIDERS (2022)
TABLE 234 POLAND: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2018–2022 (UNITS)
TABLE 235 POLAND: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2023–2028 (UNITS)
TABLE 236 POLAND: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2018–2022 (USD MILLION)
TABLE 237 POLAND: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2023–2028 (USD MILLION)
13.3.11 DENMARK
13.3.11.1 Government promotion of private infrastructure to positively affect market
TABLE 238 DENMARK: TOP CITIES WITH EV CHARGING STATIONS (2022)
TABLE 239 DENMARK: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2018–2022 (UNITS)
TABLE 240 DENMARK: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2023–2028 (UNITS)
TABLE 241 DENMARK: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2018–2022 (USD MILLION)
TABLE 242 DENMARK: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2023–2028 (USD MILLION)
13.4 NORTH AMERICA
13.4.1 NORTH AMERICA: RECESSION IMPACT
FIGURE 75 NORTH AMERICA: ELECTRIC SCOOTER AND MOTORCYCLE MARKET SNAPSHOT
TABLE 243 NORTH AMERICA: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY COUNTRY, 2018–2022 (THOUSAND UNITS)
TABLE 244 NORTH AMERICA: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY COUNTRY, 2023–2028 (THOUSAND UNITS)
TABLE 245 NORTH AMERICA: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY COUNTRY, 2018–2022 (USD MILLION)
TABLE 246 NORTH AMERICA: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY COUNTRY, 2023–2028 (USD MILLION)
13.4.2 US
13.4.2.1 Government initiatives to control increasing pollution to push market demand
TABLE 247 US: POPULAR ELECTRIC TWO-WHEELER OEMS, BY AVERAGE PRICE RANGE
TABLE 248 US: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2018–2022 (UNITS)
TABLE 249 US: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2023–2028 (UNITS)
TABLE 250 US: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2018–2022 (USD MILLION)
TABLE 251 US: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2023–2028 (USD MILLION)
13.4.3 CANADA
13.4.3.1 Government funding for charging infrastructure to be key to market growth
TABLE 252 AVERAGE COST PENETRATION, BY VEHICLE USE, 2022
TABLE 253 CANADA: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2018–2022 (UNITS)
TABLE 254 CANADA: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2023–2028 (UNITS)
TABLE 255 CANADA: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2018–2022 (USD MILLION)
TABLE 256 CANADA: ELECTRIC SCOOTER AND MOTORCYCLE MARKET, BY VEHICLE TYPE, 2023–2028 (USD MILLION)
14 COMPETITIVE LANDSCAPE
14.1 OVERVIEW
TABLE 257 OEM SALES DATA FOR INDIA, 2022
14.2 MARKET SHARE ANALYSIS FOR ELECTRIC SCOOTER AND MOTORCYCLE MARKET
TABLE 258 MARKET SHARE ANALYSIS, 2022
FIGURE 76 MARKET SHARE ANALYSIS, 2022
14.2.1 YADEA TECHNOLOGY GROUP CO., LTD.
14.2.2 JIANGSU XINRI E-VEHICLE CO., LTD.
14.2.3 NIU INTERNATIONAL
14.2.4 HERO ELECTRIC
14.2.5 OKINAWA AUTOTECH INTERNATIONALL PRIVATE LIMITED
14.3 KEY PLAYER STRATEGIES 2019–2023
TABLE 259 OVERVIEW OF STRATEGIES ADOPTED BY KEY PLAYERS IN ELECTRIC SCOOTER AND MOTORCYCLE MARKET
14.4 REVENUE ANALYSIS OF TOP LISTED/PUBLIC PLAYERS, 2021
FIGURE 77 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 260 NEW PRODUCT LAUNCHES, 2019–2023
14.5.2 DEALS
TABLE 261 DEALS, 2019–2023
14.5.3 OTHERS
TABLE 262 OTHERS, 2019–2023
14.6 COMPANY EVALUATION QUADRANT
14.6.1 STARS
14.6.2 EMERGING LEADERS
14.6.3 PERVASIVE PLAYERS
14.6.4 PARTICIPANTS
FIGURE 78 ELECTRIC SCOOTER AND MOTORCYCLE MARKET: COMPANY EVALUATION QUADRANT, 2022
TABLE 263 ELECTRIC SCOOTER AND MOTORCYCLE MARKET: COMPANY FOOTPRINT, 2022
TABLE 264 ELECTRIC SCOOTER AND MOTORCYCLE MARKET: PRODUCT FOOTPRINT, 2022
TABLE 265 ELECTRIC SCOOTER AND MOTORCYCLE MARKET: REGIONAL FOOTPRINT, 2022
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 79 ELECTRIC SCOOTER AND MOTORCYCLE MARKET: START-UP/SME EVALUATION QUADRANT, 2022
TABLE 266 ELECTRIC SCOOTER AND MOTORCYCLE MARKET: DETAILED LIST OF KEY START-UPS/SMES
TABLE 267 ELECTRIC SCOOTERS AND MOTORCYCLE MARKET: COMPETITIVE BENCHMARKING OF KEY PLAYERS [START-UPS/SMES]
15 COMPANY PROFILES
(Business Overview, Products Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats))*
15.1 KEY PLAYERS
15.1.1 YADEA TECHNOLOGY GROUP CO., LTD.
TABLE 268 YADEA TECHNOLOGY GROUP CO., LTD.: BUSINESS OVERVIEW
FIGURE 80 YADEA TECHNOLOGY GROUP CO., LTD.: COMPANY SNAPSHOT
FIGURE 81 YADEA TECHNOLOGY GROUP CO., LTD.: SALES NETWORK, 2022
FIGURE 82 YADEA TECHNOLOGY GROUP CO., LTD.: REVENUE GENERATED BY PRODUCT TYPE, 2020 & 2021
TABLE 269 YADEA TECHNOLOGY GROUP CO., LTD.: PRODUCTS OFFERED
TABLE 270 YADEA TECHNOLOGY GROUP CO., LTD.: NEW PRODUCT DEVELOPMENTS
TABLE 271 YADEA TECHNOLOGY GROUP CO., LTD.: DEALS
TABLE 272 YADEA TECHNOLOGY GROUP CO., LTD.: OTHERS
15.1.2 NIU INTERNATIONAL
TABLE 273 NIU INTERNATIONAL: BUSINESS OVERVIEW
FIGURE 83 NIU INTERNATIONAL: COMPANY SNAPSHOT
FIGURE 84 NIU INTERNATIONAL: ORGANIZATIONAL STRUCTURE
TABLE 274 NIU INTERNATIONAL: PRODUCTS OFFERED
TABLE 275 NIU INTERNATIONAL: NEW PRODUCT DEVELOPMENTS
TABLE 276 NIU INTERNATIONAL: DEALS
15.1.3 SILENCE URBAN ECOMOBILITY
TABLE 277 SILENCE URBAN ECOMOBILITY: BUSINESS OVERVIEW
FIGURE 85 SILENCE URBAN ECOMOBILITY: COMPANY SNAPSHOT
TABLE 278 SILENCE URBAN ECOMOBILITY: PRODUCTS OFFERED
TABLE 279 SILENCE URBAN ECOMOBILITY: NEW PRODUCT DEVELOPMENTS
TABLE 280 SILENCE URBAN ECOMOBILITY: DEALS
TABLE 281 SILENCE URBAN ECOMOBILITY: OTHERS
15.1.4 HERO ELECTRIC
TABLE 282 HERO ELECTRIC: BUSINESS OVERVIEW
FIGURE 86 HERO ELECTRIC: COMPANY ANNUAL GROWTH
TABLE 283 HERO ELECTRIC: PRODUCTS OFFERED
TABLE 284 HERO ELECTRIC: NEW PRODUCT DEVELOPMENTS
TABLE 285 HERO ELECTRIC: DEALS
TABLE 286 HERO ELECTRIC: OTHERS
15.1.5 JIANGSU XINRI E-VEHICLE CO., LTD.
TABLE 287 JIANGSU XINRI E-VEHICLE CO., LTD.: BUSINESS OVERVIEW
FIGURE 87 JIANGSU XINRI E-VEHICLE CO., LTD.: COMPANY SNAPSHOT
TABLE 288 JIANGSU XINRI E-VEHICLE CO., LTD.: PRODUCTS OFFERED
TABLE 289 JIANGSU XINRI E-VEHICLE CO., LTD.: NEW PRODUCT DEVELOPMENTS
TABLE 290 JIANGSU XINRI E-VEHICLE CO., LTD.: DEALS
TABLE 291 JIANGSU XINRI E-VEHICLE CO., LTD.: OTHERS
15.1.6 VMOTO LIMITED
TABLE 292 VMOTO LIMITED: BUSINESS OVERVIEW
FIGURE 88 VMOTO LIMITED: COMPANY SNAPSHOT
FIGURE 89 VMOTO LIMITED: ELECTRIC MOTORCYCLE/MOPED SALES, BY QUARTER, 2020–2022
TABLE 293 VMOTO LIMITED: PRODUCTS OFFERED
TABLE 294 VMOTO LIMITED: NEW PRODUCT DEVELOPMENTS
TABLE 295 VMOTO LIMITED: DEALS
TABLE 296 VMOTO LIMITED: OTHERS
15.1.7 ENERGICA MOTOR COMPANY S.P.A.
TABLE 297 ENERGICA MOTOR COMPANY S.P.A: BUSINESS OVERVIEW
FIGURE 90 ENERGICA MOTOR COMPANY S.P.A.: COMPANY SNAPSHOT
TABLE 298 ENERGICA MOTOR COMPANY S.P.A.: PRODUCTS OFFERED
TABLE 299 ENERGICA MOTOR COMPANY S.P.A.: NEW PRODUCT DEVELOPMENTS
TABLE 300 ENERGICA MOTOR COMPANY S.P.A.: DEALS
TABLE 301 ENERGICA MOTOR COMPANY S.P.A.: OTHERS
15.1.8 ASKOLL EVA S.P.A.
TABLE 302 ASKOLL EVA S.P.A.: BUSINESS OVERVIEW
FIGURE 91 ASKOLL EVA S.P.A.: COMPANY SNAPSHOT
FIGURE 92 ASKOLL EVA S.P.A.: COMPANY BUSINESS LINE SNAPSHOT
TABLE 303 ASKOLL EVA S.P.A.: PRODUCTS OFFERED
TABLE 304 ASKOLL EVA S.P.A.: NEW PRODUCT DEVELOPMENTS
TABLE 305 ASKOLL EVA S.P.A.: DEALS
15.1.9 GOGORO
TABLE 306 GOGORO: BUSINESS OVERVIEW
FIGURE 93 GOGORO: COMPANY SNAPSHOT
TABLE 307 GOGORO: PRODUCTS OFFERED
TABLE 308 GOGORO: NEW PRODUCT DEVELOPMENTS
TABLE 309 GOGORO: DEALS
15.1.10 OKINAWA AUTOTECH INTERNATIONALL PVT. LTD.
TABLE 310 OKINAWA AUTOTECH PVT. LTD.: BUSINESS OVERVIEW
TABLE 311 OKINAWA AUTOTECH PVT. LTD.: PRODUCTS OFFERED
TABLE 312 OKINAWA AUTOTECH INTERNATIONALL PVT. LTD.: NEW PRODUCT DEVELOPMENTS
TABLE 313 OKINAWA AUTOTECH INTERNATIONALL PVT. LTD.: DEALS
TABLE 314 OKINAWA AUTOTECH INTERNATIONALL PVT. LTD.: OTHERS
15.1.11 ZHEJIANG LUYUAN ELECTRIC VEHICLE CO., LTD.
TABLE 315 ZHEJIANG LUYUAN ELECTRIC VEHICLE CO., LTD.: BUSINESS OVERVIEW
TABLE 316 ZHEJIANG LUYUAN ELECTRIC VEHICLE CO., LTD.: PRODUCTS OFFERED
TABLE 317 ZHEJIANG LUYUAN ELECTRIC VEHICLE CO., LTD.: NEW PRODUCT DEVELOPMENTS
TABLE 318 ZHEJIANG LUYUAN ELECTRIC VEHICLE CO., LTD.: DEALS
TABLE 319 ZHEJIANG LUYUAN ELECTRIC VEHICLE CO., LTD.: OTHERS
15.1.12 ZERO MOTORCYCLES, INC.
TABLE 320 ZERO MOTORCYCLES, INC.: BUSINESS OVERVIEW
TABLE 321 ZERO MOTORCYCLES, INC.: PRODUCTS OFFERED
TABLE 322 ZERO MOTORCYCLES, INC.: NEW PRODUCT DEVELOPMENTS
TABLE 323 ZERO MOTORCYCLES, INC.: DEALS
15.1.13 GOVECS
TABLE 324 GOVECS: BUSINESS OVERVIEW
TABLE 325 GOVECS: PRODUCTS OFFERED
TABLE 326 GOVECS: NEW PRODUCT DEVELOPMENTS
TABLE 327 GOVECS: DEALS
TABLE 328 GOVECS CORPORATION: OTHERS
15.2 OTHER PLAYERS
15.2.1 ULTRAVIOLETTE AUTOMOTIVE
TABLE 329 ULTRAVIOLETTE AUTOMOTIVE: BUSINESS OVERVIEW
15.2.2 REVOLT INTELLICORP PRIVATE LIMITED (REVOLT MOTORS)
TABLE 330 REVOLT INTELLICORP PRIVATE LIMITED (REVOLT MOTORS): BUSINESS OVERVIEW
15.2.3 ATHER ENERGY
TABLE 331 ATHER ENERGY: BUSINESS OVERVIEW
15.2.4 OLA ELECTRIC MOBILITY PVT. LTD.
TABLE 332 OLA ELECTRIC MOBILITY PVT LTD.: BUSINESS OVERVIEW
15.2.5 Z ELECTRIC VEHICLE
TABLE 333 Z ELECTRIC VEHICLE: BUSINESS OVERVIEW
15.2.6 CAKE
TABLE 334 CAKE: BUSINESS OVERVIEW
15.2.7 LIGHTNING MOTORCYCLES
TABLE 335 LIGHTNING MOTORCYCLES: BUSINESS OVERVIEW
15.2.8 JOHAMMER
TABLE 336 JOHAMMER: BUSINESS OVERVIEW
15.2.9 PIAGGIO GROUP
TABLE 337 PIAGGIO GROUP: BUSINESS OVERVIEW
15.2.10 KTM AG
TABLE 338 KTM AG: BUSINESS OVERVIEW
15.2.11 HARLEY DAVIDSON
TABLE 339 HARLEY DAVIDSON: BUSINESS OVERVIEW
15.2.12 BMW GROUP
TABLE 340 BMW GROUP: BUSINESS OVERVIEW
15.2.13 AIMA TECHNOLOGY GROUP CO., LTD.
TABLE 341 AIMA TECHNOLOGY GROUP CO., LTD.: BUSINESS OVERVIEW
15.2.14 HONDA MOTOR CO., LTD.
TABLE 342 HONDA MOTOR CO., LTD.: BUSINESS OVERVIEW
15.2.15 GREAVES ELECTRIC MOBILITY PRIVATE LIMITED (AMPERE VEHICLES)
FIGURE 94 GREAVES ELECTRIC MOBILITY PRIVATE LIMITED:
COMPANY REVENUE SNAPSHOT
TABLE 343 GREAVES ELECTRIC MOBILITY PRIVATE LIMITED (AMPERE VEHICLES): BUSINESS OVERVIEW
15.2.16 DONGGUAN TAILING ELECTRIC VEHICLE CO., LTD.
TABLE 344 DONGGUAN TAILING ELECTRIC VEHICLE CO., LTD.: BUSINESS OVERVIEW
15.2.17 ?EZETA
TABLE 345 ?EZETA: BUSINESS OVERVIEW
15.2.18 TERRA MOTORS CORPORATION
TABLE 346 TERRA MOTORS CORPORATION: BUSINESS OVERVIEW
15.2.19 SHANDONG INCALCU ELECTRIC VEHICLE CO., LTD.
TABLE 347 SHANDONG INCALCU ELECTRIC VEHICLE CO., LTD.: BUSINESS OVERVIEW
15.2.20 NEXZU MOBILITY LTD. (AVAN MOTORS INDIA)
TABLE 348 NEXZU MOBILITY LTD. (AVAN MOTORS INDIA): BUSINESS OVERVIEW
15.2.21 EMFLUX MOTORS
TABLE 349 EMFLUX MOTORS: BUSINESS OVERVIEW
15.2.22 TVS MOTOR COMPANY
TABLE 350 TVS MOTOR COMPANY: BUSINESS OVERVIEW
15.2.23 BAJAJ AUTO LTD.
TABLE 351 BAJAJ AUTO LTD.: BUSINESS OVERVIEW
15.2.24 MAHINDRA & MAHINDRA LTD.
TABLE 352 MAHINDRA & MAHINDRA LTD.: BUSINESS OVERVIEW
15.2.25 DAMON MOTORS INC.
TABLE 353 DAMON MOTORS INC.: BUSINESS OVERVIEW
15.2.26 VIAR MOTOR INDONESIA
TABLE 354 VIAR MOTOR INDONESIA: BUSINESS OVERVIEW
15.2.27 SELIS
TABLE 355 SELIS: BUSINESS OVERVIEW
15.2.28 GESITS
TABLE 356 GESITS: BUSINESS OVERVIEW
15.2.29 UNITED MOTOR
TABLE 357 UNITED MOTOR: BUSINESS OVERVIEW
15.2.30 ELVINDO
TABLE 358 ELVINDO: BUSINESS OVERVIEW
15.2.31 RAKATA MOTORCYCLE
TABLE 359 RAKATA MOTORCYCLE: BUSINESS OVERVIEW
15.2.32 KWANG YANG MOTOR CO., LTD.
TABLE 360 KWANG YANG MOTOR CO., LTD.: BUSINESS OVERVIEW
15.2.33 SMOOT ELEKTRIK
TABLE 361 SMOOT ELEKTRIK: BUSINESS OVERVIEW
15.2.34 PT VOLTA INDONESIA SEMESTA (VOLTA)
TABLE 362 PT VOLTA INDONESIA SEMESTA (VOLTA): BUSINESS OVERVIEW
15.2.35 ALVA
TABLE 363 ALVA: BUSINESS OVERVIEW
15.2.36 NUSA MOTORS
TABLE 364 NUSA MOTORS: BUSINESS OVERVIEW
15.2.37 OYIKA
TABLE 365 OYIKA: BUSINESS OVERVIEW
15.2.38 MIGO EBIKE
TABLE 366 MIGO EBIKE: BUSINESS OVERVIEW
15.2.39 BF GOODRICH
TABLE 367 BF GOODRICH: BUSINESS OVERVIEW
15.2.40 ROBERT BOSCH GMBH
TABLE 368 ROBERT BOSCH GMBH: BUSINESS OVERVIEW
15.2.41 NIDEC CORPORATION
TABLE 369 NIDEC CORPORATION: BUSINESS OVERVIEW
15.2.42 CONTINENTAL AG
TABLE 370 CONTINENTAL AG: BUSINESS OVERVIEW
15.2.43 VALEO
TABLE 371 VALEO: BUSINESS OVERVIEW
15.2.44 SEG AUTOMOTIVE
TABLE 372 SEG AUTOMOTIVE: BUSINESS OVERVIEW
*Details on Business Overview, Products 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.
16 RECOMMENDATIONS BY MARKETSANDMARKETS
16.1 RISING DEMAND FOR ELECTRIC SCOOTERS AND MOTORCYCLES IN ASIA PACIFIC
16.2 TECHNOLOGICAL ADVANCEMENTS TO HELP DEVELOP MARKET FOR BATTERY SWAPPING
16.3 CONCLUSION
17 APPENDIX
17.1 KEY INSIGHTS FROM INDUSTRY EXPERTS
17.2 DISCUSSION GUIDE
17.3 KNOWLEDGESTORE: MARKETSANDMARKETS SUBSCRIPTION PORTAL
17.4 CUSTOMIZATION OPTIONS
17.5 RELATED REPORTS
17.6 AUTHOR DETAILS
