Electric Scooter and Motorcycle Market Insights: Valued at USD 5.96 Bn in 2023

Unlocking Market Potential: In-Depth Analysis of the Electric Scooter and Motorcycle Market by Maximize Market Research 

Maximize Market Research unveils the latest insights into the Electric Scooter and Motorcycle Market, a dynamic sector set for substantial growth through 2030. This comprehensive report is designed to support industry stakeholders, innovators, and decision-makers with the data and strategies they need to thrive in today’s fast-paced market environment.

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Predicted Growth Trajectory for Electric Scooter and Motorcycle Market:

Electric Scooter and Motorcycle Market size was valued at USD 5.96 Bn in 2023 and is expected to reach USD 8.00 Bn by 2030, at a CAGR of 4.3%.

Market Scope and Methodology

Our research is grounded in a robust market-oriented approach, diving deep into the forces shaping the Electric Scooter and Motorcycle market—trends, growth drivers, obstacles, and opportunities. Leveraging data from primary interviews with industry leaders, combined with secondary research from reports, trade journals, and government publications, we bring you a holistic view of the market landscape.

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Regional Insights and Segmentation

The Electric Scooter and Motorcycle Market report includes a regional analysis of critical markets across North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa, highlighting growth hotspots and emerging opportunities. The market is segmented by product, component, size, and installation location, offering a detailed perspective that helps tailor strategies to regional needs.

by Vehicle Type

Electric Scooters
Electric Motorcycles
Electric Mopeds
Electric Bicycles (E-Bikes)
Others

by Battery Type

Lithium-ion (Li-ion) batteries
Lead-acid batteries
Nickel-metal hydride (NiMH) batteries
Others

by Range

Less Than 75 Miles
75 Miles to 100 Miles
More Than 100 Miles

The market is divided into five segments based on vehicle type: electric scooters, electric motorcycles, electric mopeds, electric bicycles (E-bikes), and other. Electric scooters dominated the Electric Scooter and Motorcycle Market in 2023, and their dominance is likely to continue during the forecast period. Electric scooters have risen to prominence as the most popular vehicle type in the market, thanks to a variety of factors including convenience, affordability, environmental conscience, and extensive urban usage. Urban commuters, who are dealing with increased congestion and pollution in cities around the world, are looking for more sustainable and effective transit options.

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Key Players and Competitive Landscape

Get a clear picture of the competitive field with profiles of leading companies, their portfolios, and growth strategies. We provide a comparative analysis of market leaders, regional players, and emerging challengers, helping you understand where the biggest opportunities and challenges lie.

Global
1. Niu Technologies (Beijing, China)
2. Gogoro (Taipei, Taiwan)
3. Segway-Ninebot (Beijing, China)
4. Xiaomi (Beijing, China)
5. Zero Motorcycles (Scotts Valley, California, USA)
North America
1. Harley-Davidson, Inc. (Milwaukee, Wisconsin, USA)
2. GenZe (Fremont, California, USA)
3. Vectrix Corporation (New Bedford, Massachusetts, USA)
Europe
1. Energica Motor Company (Modena, Italy)
2. Vespa (Pontedera, Italy)
Asia Pacific
1. Xiaomi (Beijing, China)
2. Hero Electric (New Delhi, India)
3. Evoke Motorcycles (Beijing, China)
4. Super Soco (Jiangsu, China)
5. Yadea Group Holdings Ltd. (Wuxi, China)
6. Revolt Motors (Gurugram, India)
7. Emflux Motors (Bengaluru, India)
8. Okinawa Autotech Pvt. Ltd (Gurugram, India)
9. Ampere Vehicles Pvt. Ltd. (Coimbatore, India)
10. Ather Energy (Bengaluru, India)
11. Mahindra Electric Mobility Ltd. (Bengaluru, India)
12. TVS Motor Company (Chennai, India)

Want to stay informed? Check out the summary for essential market insights: https://www.maximizemarketresearch.com/market-report/global-electric-scooter-and-motorcycle-market/24391/

Key Questions Answered:

What is the forecasted growth rate of the Electric Scooter and Motorcycle Market?

Which trends and opportunities are shaping the industry?

Who are the top players, and what’s in their portfolios?

What growth strategies can increase market presence?

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Why This Report Matters

Gain insights that drive results! This report is ideal for stakeholders seeking actionable intelligence, offering practical insights and strategic advice to inform decision-making. Our exclusive analyses, from PESTLE to SWOT and Porter’s Five Forces, provide a framework for navigating market dynamics effectively.

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