Electric Scooter and Motorcycle Market, by Vehicle Type (E-Scooter/Moped, E-Motorcycle and 3W), Battery Type (Sealed Lead Acid, Lithium-Ion), by Distance Covered (Below 75 Miles, 75–100 Miles, above 100 Miles), by Voltage Type (36V, 48V, 60V, 72V), Technology Type (Plug-In and Battery), By Vehicle Class (Economy Class, Luxurious/Premium Class), Geography (North America, Europe, Asia-Pacific, Middle East and Africa and South America)
Electric Scooter and Motorcycle Market Overview
The global electric scooter and motorcycle market is anticipated to reach 921 thousand units by 2021 and growing at a CAGR of 32.4% during the forecasting period, 2021-2028. Electrification of mobility deals with numerous benefits such as reduction of oil dependency and improvement of the environment. In the same way, there are a number of driving forces linked with EVs’ adoption, namely reduction in greenhouse gas emissions (GHG), demand for efficient energy usage, gasoline savings, and low operating cost. The resisting forces prompting the approval of EVs include inadequate range, high purchase price, and slow charging, among others
The global market for electric vehicles has been growing at a fast rate. The electric scooters, explicitly, was valued at 19.7 billion dollars in 2019, growing at a CAGR of 18.4% between 2019 and 2028.
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Increasing government focus towards incentives and subsidies, technological advancement in battery manufacturing, and Low operational and maintenance costs, are some of the factors that have supported long-term expansion for the electric scooter and motorcycle market.
Key Findings
The Global Electric scooter and motorcycle market are segmented into Vehicle Type, Battery Type, Distance Covered, Voltage Type, Technology Type, Vehicle Class, and Geography.
Vehicle Type segment is segmented into E-Scooter/Moped, E-Motorcycle, and 3W
Battery Type segment is segmented into Sealed Lead Acid and Lithium-Ion
Distance Covered segment is segmented into below 75 Miles, 75–100 Miles, and above 100 Miles
Voltage Type segment is segmented into 36V, 48V, 60V, and 72V
Technology Type segment is sub-segmented into Plug-In and Battery
Vehicle Class segment is segmented into Economy Class and Luxurious/Premium Class
Geographically, the global electric scooter and motorcycle market is sub-segmented into North America, Europe, Asia-Pacific, Middle East and Africa and South America and insights are provided for each region and major countries within the regions
Electric Scooter and Motorcycle Market Regional Analysis
Asia-Pacific region has come up as the prominent region for the leading share in the overall global market during the forecast period 2021-2028.
Electric Scooter and Motorcycle Market Competitive Landscape
Key players
· Yadea Group Holdings Ltd.
· Jiangsu Xinri E-Vehicle Co. Ltd.
· NIU International
· Silence Urban Ecomobility
· Hero Electric.
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Reasons to Acquire in the Electric Scooter and Motorcycle Market
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- Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future
- In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns
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The report gives a clear image of the current Electric Motorcycle and Scooter Market scenario and the expected future of the industry.
The report focuses on market drivers, restraints, growth, trends, and the forecast for the period from 2020 to 2025.
Besides, the report also represents the market performance by value chain analysis which will help to provide better product differentiation along with the analysis of each segment regarding opportunity, market attractiveness index and growth rate.Global Electric Motorcycle and Scooter Market 2019-2024 report delivers a comprehensive research based study of the market along with the market share, forecast data, in-depth analysis, and detailed overview of the Electric Motorcycle and Scooter industry with respect to Global market.
The Electric Motorcycle and Scooter market report further emphasizes on market drivers and restraints at global and regional level.
For complete understanding, the report also provides market segmentation and regional market analysis.According to this study, over the next five years the Electric Motorcycle and Scooter market will register a 11.0% CAGR in terms of revenue, the global market size will reach US$ 280 million by 2024, from US$ 150 million in 2019.
In particular, this report presents the global market share (sales and revenue) of key companies in Electric Motorcycle and Scooter business, shared in Chapter 3.Browse the complete Electric Motorcycle and Scooter market Report and TOC @ https://www.decisiondatabases.com/ip/14375-electric-motorcycle-and-scooter-market-analysis-reportThe key manufacturers covered in this report:AIMAYadeaSunraBYVINTAILGLvyuanIncalcuLvjiaLimaSupaqBodoSlaneOPAIXiaodao EbikeBirdie ElectricGammaMingjiaQianxi VehicleZubooLvnengSinskiAucma EVGiant EVPallaForeverEmmelleYamahaLvjuSongiHero ElectricSegmentation by product type:Electric BicycleElectric ScooterElectric MotorcycleSegmentation by application:60 yrs Consumer AgeThis report also splits the market by region:AmericasUnited StatesCanadaMexicoBrazilAPACChinaJapan…….Download Free Sample Report of Global Electric Motorcycle and Scooter Market Report @ https://www.decisiondatabases.com/contact/download-sample-14375Research objectivesTo study and analyze the global Electric Motorcycle and Scooter consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.To understand the structure of Electric Motorcycle and Scooter market by identifying its various subsegments.Focuses on the key global Electric Motorcycle and Scooter manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.To analyze the Electric Motorcycle and Scooter with respect to individual growth trends, future prospects, and their contribution to the total market.To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).To project the consumption of Electric Motorcycle and Scooter submarkets, with respect to key regions (along with their respective key countries).To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.To strategically profile the key players and comprehensively analyze their growth strategies.Purchase the complete Global Electric Motorcycle and Scooter Market Research Report @ https://www.decisiondatabases.com/contact/buy-now-14375Other Reports by DecisionDatabases.com:Global High-Performance Electric Motorcycle Market Growth 2019-2024 @https://www.decisiondatabases.com/ip/40325-high-performance-electric-motorcycle-market-analysis-report2018-2023 UK Motorcycle Chain Market Report (Status and Outlook) @https://www.decisiondatabases.com/ip/34566-uk-motorcycle-chain-market-analysis-reportAbout-Us:DecisionDatabases.com is a global business research reports provider, enriching decision makers and strategists with qualitative statistics.
