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Electric Scooter and Motorcycle Market, By Product (Scooter and Motorcycle); By Battery Type (Sealed Lead Acid, Li-Ion, and NiMH); By Voltage (24V, 36V, 48V, and Greater than 48V) Market - Growth, Future Prospects, Post COVID-19 Scenario 2021 – 2028

 Report Code
 Category
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MNR-1531
Automotive Parts
18 August 2021
215
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Electric scooter and motorcycle are electronic vehicles which are mainly plugged in with two wheels and  the power is kept on board in a rechargeable battery, that operates  single or multiple electric motors. Furthermore, a motor as well as a battery pack are fitted into the vehicles to accumulate and convert  electricity. To handle the brake and to regulate the speed a user control is connected with it. These electric vehicles are prepared with lithium-ion batteries and are rechargeable in nature. The price of electric vehicles is little  less because they don’t run on fuel or petrol.
 
Electric scooter has a design more appropriate to integrate the electric impulsion system. In case of electric motorcycles, users could serve various purposes that include cruising, racing, off-roading, as well as commuting. Based on battery type, electric scooter and motorcycle market is segmented as Sealed Lead Acid, Li-Ion, and NiMH. Li-Ion battery is lightweight, which aids to maintain the energy to weight ratio of the vehicle. Based on voltage, electric scooter and motorcycle market is segmented as 24V, 36V, 48V, and greater than 48V.
 
Some of the major players from  electric scooter and motorcycle market include Ather Energy Private Limited, Bajaj Auto Limited, BMW of North America, LLC., Evoke Electric Motorcycles (HK) Ltd., Hero Electric Vehicles Pvt. Ltd., Johammer e-mobility GmbH, KTM Sport motorcycle GmbH, Revolt Motors, Gogoro Inc., and Mahindra GenZe among others. Top producers of electric scooter and motorcycle are working on  increasing consumer requirements by launching new models that offer greater features as well as design.

Global Electric Scooter and Motorcycle Market, By Product
Based on product, the electric scooter and motorcycle market is segmented into the following:
  • Scooter
  • Motorcycle
Below graph provides a comparative analysis of the value contribution for each of the segment for the years 2020 and 2028:

Electric Scooter and Motorcycle Value Share, By Product, 2019 & 2028(% Value)


In 2020, scooter segment led the overall electric scooter and motorcycle market. Scooters potentially add to travelers' choices and effectively reduce congestion in urban areas, which is likely to boost sales in the upcoming years. Thus, scooter segment will be expected to dominate the electric scooter and motorcycle market during the forecast period.

Global Electric Scooter and Motorcycle Market, By Battery Type
Based on battery type, the electric scooter and motorcycle market is segmented into following:
  • Sealed Lead Acid
  • Li-Ion
  • NiMH
Below graph provides a comparative analysis of the value contribution for each of the segment for the years 2020 and 2028:

Electric Scooter and Motorcycle Value Share, By Battery Type, 2019 & 2028(% Value)

 
In 2020, Li-ion segment led the overall electric scooter and motorcycle market. Li-ion batteries offer several advantages such as quick charging, high energy storing capacity, and extended shelf life. Moreover, they provide additional energy than lead-acid batteries and are lightweight, making them easier to install. Li-ion segment is expected to dominate the electric scooter and motorcycle market during forecast period.

Global Electric Scooter and Motorcycle Market, By Voltage
Based on voltage, the electric scooter and motorcycle market is segmented into following:
  • 24V
  • 36V
  • 48V
  • Greater than 48V
Below graph provides a comparative analysis of the value contribution for each of the segment for the years 2020 and 2028:

Electric Scooter and Motorcycle Value Share, By Voltage, 2019 & 2028(% Value)

 
In 2020, 36V segment led the overall electric scooter and motorcycle market. 36V batteries have more compatibility with electric scooter and motorcycle, provide greater power output, which is expected to boost the segment growth. Though, the demand for 48V batteries is growing since consumers select scooters with a long battery range to stop the problem of frequent battery charging. Therefore, 48V is also expected to dominate the electric scooter and motorcycle market during forecast period.

Global Electric Scooter and Motorcycle Market, By Geography
Based on geography, the electric scooter and motorcycle market is segmented into following:
  • North America
    • U.S.
    • Canada
  • Europe
    • UK
    • Germany
    • France
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • Rest of Asia Pacific
  • Latin America
    • Mexico
    • Brazil
    • Rest of Latin America
  • Middle East and Africa (MEA)
    • GCC Countries
    • South Africa
    • Rest of MEA
Below graph provides a comparative analysis of the value contribution for each of the segment for the years 2020 and 2028:

Electric Scooter and Motorcycle Value Share, By Geography, 2019 & 2028(% Value)

 
In 2020, the overall electric scooter and motorcycle market was dominated by the Asia Pacific region in terms of market value. Growing government supports, tax credits to the electric vehicle producers, along with minimum tax rates on  buying of electric two-wheelers are key factors driving the development of electric two-wheelers in Asia Pacific region. Furthermore, increasing concerns among consumers to control pollution, growing expenditure capacity, as well as growing affordability of electric vehicles will increase product adoption. Thus, Asia Pacific region will grow at highest CAGR during the forecast period.
 

Chapter 1    Preface
        1.1    Report Description
                1.1.1    Aim of the Report
                1.1.2    Report Target Audience
                1.1.3    Report Offering
        1.2    Research Scope
        1.3    Research Methodology
                1.3.1    Phase I – Secondary Research
                1.3.2    Phase II – Primary Research
                1.3.3    Phase III – Expert Panel Review
                1.3.4    Assumptions
                1.3.5    Top-Down and Bottom-Up Approach

Chapter 2    Executive Summary
        2.1    Market Snapshot: Global Electric Scooter and Motorcycle Market
        2.2    Global Electric Scooter and Motorcycle Market, By Product
        2.3    Global Electric Scooter and Motorcycle Market, By Battery Type
        2.4    Global Electric Scooter and Motorcycle Market, By Voltage
        2.5    Global Electric Scooter and Motorcycle Market, By Geography

Chapter 3    Market Dynamics
        3.1    Product and Market Insights
                3.1.1    Global Electric Scooter and Motorcycle Market Value and Growth, 2018 – 2028, (US$ Mn) (Y-o-Y %)
        3.2    Market Dynamics
                3.2.1    Growth Drivers
                3.2.2    Market Restraints
                3.2.3    Impact Analysis of Drivers and Restraints
                3.2.4    COVID-19 Impact
        3.3    Attractive Investment Proposition
        3.4    Competitive Analysis
                3.4.1    Competitive Landscape in the Electric Scooter and Motorcycle Market

Chapter 4    Global Electric Scooter and Motorcycle Market Analysis, By Product
        4.1    Overview
        4.2    Scooter
                4.2.1    Global Scooter Market Value, 2018 – 2028, (US$ Mn)
        4.3    Motorcycle
                4.3.1    Global Motorcycle Market Value, 2018 – 2028, (US$ Mn)

Chapter 5    Global Electric Scooter and Motorcycle Market Analysis, By Battery Type
        5.1    Overview
        5.2    Sealed Lead Acid
                5.2.1    Global Sealed Lead Acid Market Value, 2018 – 2028, (US$ Mn)
        5.3    Li-Ion
                5.3.1    Global Li-Ion Market Value, 2018 – 2028, (US$ Mn)
        5.4    NiMH
                5.4.1    Global NiMH Market Value, 2018 – 2028, (US$ Mn)

Chapter 6    Global Electric Scooter and Motorcycle Market Analysis, By Voltage
        6.1    Overview
        6.2    24V
                6.2.1    Global 24V Market Value, 2018 – 2028, (US$ Mn)
        6.3    36V
                6.3.1    Global 36V Market Value, 2018 – 2028, (US$ Mn)
        6.4    48V
                6.4.1    Global 48V Market Value, 2018 – 2028, (US$ Mn)
        6.5    Greater than 48V
                6.5.1    Global Greater than 48V Market Value, 2018 – 2028, (US$ Mn)

Chapter 7    North America Electric Scooter and Motorcycle Market Analysis
        7.1    Overview
        7.2    North America Electric Scooter and Motorcycle Market Analysis, By Product, 2018 – 2028
                7.2.1    Market Analysis
        7.3    North America Electric Scooter and Motorcycle Market Analysis, By Battery Type, 2018 – 2028
                7.3.1    Market Analysis
        7.4    North America Electric Scooter and Motorcycle Market Analysis, By Voltage, 2018 – 2028
                7.4.1    Market Analysis
        7.5    North America Electric Scooter and Motorcycle Market Analysis, By Country, 2018 – 2028
                7.5.1    Market Analysis
                7.5.2    U.S.
                7.5.3    Canada

Chapter 8    Europe Electric Scooter and Motorcycle Market Analysis
        8.1    Overview
        8.2    Europe Electric Scooter and Motorcycle Market Analysis, By Product, 2018 – 2028
                8.2.1    Market Analysis
        8.3    Europe Electric Scooter and Motorcycle Market Analysis, By Battery Type, 2018 – 2028
                8.3.1    Market Analysis
        8.4    Europe Electric Scooter and Motorcycle Market Analysis, By Voltage, 2018 – 2028
                8.4.1    Market Analysis
        8.5    Europe Electric Scooter and Motorcycle Market Analysis, By Country, 2018 – 2028
                8.5.1    Market Analysis
                8.5.2    UK
                8.5.3    Germany
                8.5.4    France
                8.5.5    Rest of Europe

Chapter 9    Asia Pacific Electric Scooter and Motorcycle Market Analysis
        9.1    Overview
        9.2    Asia Pacific Electric Scooter and Motorcycle Market Analysis, By Product, 2018 – 2028
                9.2.1    Market Analysis
        9.3    Asia Pacific Electric Scooter and Motorcycle Market Analysis, By Battery Type, 2018 – 2028
                9.3.1    Market Analysis
        9.4    Asia Pacific Electric Scooter and Motorcycle Market Analysis, By Voltage, 2018 – 2028
                9.4.1    Market Analysis
        9.5    Asia Pacific Electric Scooter and Motorcycle Market Analysis, By Country, 2018 – 2028
                9.5.1    Market Analysis
                9.5.2    China
                9.5.3    Japan
                9.5.4    India
                9.5.5    Rest of Asia Pacific

Chapter 10    Latin America Electric Scooter and Motorcycle Market Analysis
        10.1    Overview
        10.2    Latin America Electric Scooter and Motorcycle Market Analysis, By Product, 2018 – 2028
                10.2.1    Market Analysis
        10.3    Latin America Electric Scooter and Motorcycle Market Analysis, By Battery Type, 2018 – 2028
                10.3.1    Market Analysis
        10.4    Latin America Electric Scooter and Motorcycle Market Analysis, By Voltage, 2018 – 2028
                10.4.1    Market Analysis
        10.5    Latin America Electric Scooter and Motorcycle Market Analysis, By Country, 2018 – 2028
                10.5.1    Market Analysis
                10.5.2    Mexico
                10.5.3    Brazil
                10.5.4    Rest of Latin America

Chapter 11    Middle East and Africa (MEA) Electric Scooter and Motorcycle Market Analysis
        11.1    Overview
        11.2    MEA Electric Scooter and Motorcycle Market Analysis, By Product, 2018 – 2028
                11.2.1    Market Analysis
        11.3    MEA Electric Scooter and Motorcycle Market Analysis, By Battery Type, 2018 – 2028
                11.3.1    Market Analysis
        11.4    MEA Electric Scooter and Motorcycle Market Analysis, By Voltage, 2018 – 2028
                11.4.1    Market Analysis
        11.5    MEA Electric Scooter and Motorcycle Market Analysis, By Country, 2018 – 2028
                11.5.1    Market Analysis
                11.5.2    GCC Countries
                11.5.3    South Africa
                11.5.4    Rest of MEA

Chapter 12    Company Profiles
        12.1    Ather Energy Private Limited
                12.1.1    Ather Energy Private Limited: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent News and Announcements)
        12.2    Bajaj Auto Limited
                12.2.1    Bajaj Auto Limited: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent News and Announcements)
        12.3    BMW of North America, LLC.
                12.3.1    BMW of North America, LLC.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent News and Announcements)
        12.4    Evoke Electric Motorcycles (HK) Ltd.
                12.4.1    Evoke Electric Motorcycles (HK) Ltd.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent News and Announcements)
        12.5    Hero Electric Vehicles Pvt. Ltd.
                12.5.1    Hero Electric Vehicles Pvt. Ltd.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent News and Announcements)
        12.6    Johammer e-mobility GmbH
                12.6.1    Johammer e-mobility GmbH: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent News and Announcements)
        12.7    KTM Sportmotorcycle GmbH
                12.7.1    KTM Sportmotorcycle GmbH: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent News and Announcements)
        12.8    Revolt Motors
                12.8.1    Revolt Motors: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent News and Announcements)
        12.9    Gogoro Inc.
                12.9.1    Gogoro Inc.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent News and Announcements)
        12.10    Mahindra GenZe
                12.10.1    Mahindra GenZe: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent News and Announcements)

 

List of Figures



FIG. 1    Global Electric Scooter and Motorcycle Market: Research Methodology
FIG. 2    Top-Down and Bottom Up Approach
FIG. 3    Global Electric Scooter and Motorcycle Market, By Product, 2020 (US$ Mn)
FIG. 4    Global Electric Scooter and Motorcycle Market, By Battery Type, 2020 (US$ Mn)
FIG. 5    Global Electric Scooter and Motorcycle Market, By Voltage, 2020 (US$ Mn)
FIG. 6    Global Electric Scooter and Motorcycle Market, By Geography, 2020 (US$ Mn)
FIG. 7    Global Electric Scooter and Motorcycle Market Value and Growth, 2018 – 2028, (US$ Mn) (Y-o-Y %)
FIG. 8    Attractive Investment Proposition
FIG. 9    Market Positioning of Key Electric Scooter and Motorcycle Providers, 2020
FIG. 10    Global Electric Scooter and Motorcycle Market Value Share, By Product, 2020 & 2028 (% Value)
FIG. 11    Global Scooter Market Value, 2018 – 2028, (US$ Mn)
FIG. 12    Global Motorcycle Market Value, 2018 – 2028, (US$ Mn)
FIG. 13    Global Electric Scooter and Motorcycle Market Value Share, By Battery Type, 2020 & 2028 (% Value)
FIG. 14    Global Sealed Lead Acid Market Value, 2018 – 2028, (US$ Mn)
FIG. 15    Global Li-Ion Market Value, 2018 – 2028, (US$ Mn)
FIG. 16    Global NiMH Market Value, 2018 – 2028, (US$ Mn)
FIG. 17    Global Electric Scooter and Motorcycle Market Value Share, By Voltage, 2020 & 2028 (% Value)
FIG. 18    Global 24V Market Value, 2018 – 2028, (US$ Mn)
FIG. 19    Global 36V Market Value, 2018 – 2028, (US$ Mn)
FIG. 20    Global 48V Market Value, 2018 – 2028, (US$ Mn)
FIG. 21    Global Greater than 48V Market Value, 2018 – 2028, (US$ Mn)
FIG. 22    U.S. Electric Scooter and Motorcycle Market Value, 2018 – 2028, (US$ Mn)
FIG. 23    Canada Electric Scooter and Motorcycle Market Value, 2018 – 2028, (US$ Mn)
FIG. 24    UK Electric Scooter and Motorcycle Market Value, 2018 – 2028, (US$ Mn)
FIG. 25    Germany Electric Scooter and Motorcycle Market Value, 2018 – 2028, (US$ Mn)
FIG. 26    France Electric Scooter and Motorcycle Market Value, 2018 – 2028, (US$ Mn)
FIG. 27    Rest of Europe Electric Scooter and Motorcycle Market Value, 2018 – 2028, (US$ Mn)
FIG. 28    China Electric Scooter and Motorcycle Market Value, 2018 – 2028, (US$ Mn)
FIG. 29    Japan Electric Scooter and Motorcycle Market Value, 2018 – 2028, (US$ Mn)
FIG. 30    India Electric Scooter and Motorcycle Market Value, 2018 – 2028, (US$ Mn)
FIG. 31    Rest of Asia Pacific Electric Scooter and Motorcycle Market Value, 2018 – 2028, (US$ Mn)
FIG. 32    Mexico Electric Scooter and Motorcycle Market Value, 2018 – 2028, (US$ Mn)
FIG. 33    Brazil Electric Scooter and Motorcycle Market Value, 2018 – 2028, (US$ Mn)
FIG. 34    Rest of Latin America Electric Scooter and Motorcycle Market Value, 2018 – 2028, (US$ Mn)
FIG. 35    GCC Countries Electric Scooter and Motorcycle Market Value, 2018 – 2028, (US$ Mn)
FIG. 36    South Africa Electric Scooter and Motorcycle Market Value, 2018 – 2028, (US$ Mn)
FIG. 37    Rest of MEA Electric Scooter and Motorcycle Market Value, 2018 – 2028, (US$ Mn)

 

List of Tables



TABLE 1    Market Snapshot: Global Electric Scooter and Motorcycle Market
TABLE 2    Impact Pointers
TABLE 3    Impact Analysis of Drivers and Restraints
TABLE 4    North America Electric Scooter and Motorcycle Market Value, By Product, 2018 – 2028
TABLE 5    North America Electric Scooter and Motorcycle Market Value, By Battery Type, 2018 – 2028
TABLE 6    North America Electric Scooter and Motorcycle Market Value, By Voltage, 2018 – 2028
TABLE 7    North America Electric Scooter and Motorcycle Market Value, By Country, 2018 – 2028
TABLE 8    Europe Electric Scooter and Motorcycle Market Value, By Product, 2018 – 2028
TABLE 9    Europe Electric Scooter and Motorcycle Market Value, By Battery Type, 2018 – 2028
TABLE 10    Europe Electric Scooter and Motorcycle Market Value, By Voltage, 2018 – 2028
TABLE 11    Europe Electric Scooter and Motorcycle Market Value, By Country, 2018 – 2028
TABLE 12    Asia Pacific Electric Scooter and Motorcycle Market Value, By Product, 2018 – 2028
TABLE 13    Asia Pacific Electric Scooter and Motorcycle Market Value, By Battery Type, 2018 – 2028
TABLE 14    Asia Pacific Electric Scooter and Motorcycle Market Value, By Voltage, 2018 – 2028
TABLE 15    Asia Pacific Electric Scooter and Motorcycle Market Value, By Country, 2018 – 2028
TABLE 16    Latin America Electric Scooter and Motorcycle Market Value, By Product, 2018 – 2028
TABLE 17    Latin America Electric Scooter and Motorcycle Market Value, By Battery Type, 2018 – 2028
TABLE 18    Latin America Electric Scooter and Motorcycle Market Value, By Voltage, 2018 – 2028
TABLE 19    Latin America Electric Scooter and Motorcycle Market Value, By Country, 2018 – 2028
TABLE 20    MEA Electric Scooter and Motorcycle Market Value, By Product, 2018 – 2028
TABLE 21    MEA Electric Scooter and Motorcycle Market Value, By Battery Type, 2018 – 2028
TABLE 22    MEA Electric Scooter and Motorcycle Market Value, By Voltage, 2018 – 2028
TABLE 23    MEA Electric Scooter and Motorcycle Market Value, By Country, 2018 – 2028
TABLE 24    Ather Energy Private Limited: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent News and Announcements)
TABLE 25    Bajaj Auto Limited: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent News and Announcements)
TABLE 26    BMW of North America, LLC.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent News and Announcements)
TABLE 27    Evoke Electric Motorcycles (HK) Ltd.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent News and Announcements)
TABLE 28    Hero Electric Vehicles Pvt. Ltd.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent News and Announcements)
TABLE 29    Johammer e-mobility GmbH: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent News and Announcements)
TABLE 30    KTM Sportmotorcycle GmbH: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent News and Announcements)
TABLE 31    Revolt Motors: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent News and Announcements)
TABLE 32    Gogoro Inc.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent News and Announcements)
TABLE 33    Mahindra GenZe: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent News and Announcements)




 

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