openPR Logo
Press release

E-Bike and Scooter Demand and Trend in North American Region - Business Revenue Forecast

07-01-2020 12:50 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: P&S Intelligence

E-Bike and Scooter Demand and Trend in North American Region -

The North America electric scooters and motorcycles market attained a size of $154.8 million in 2018, and it is predicted to progress at a CAGR of 28.4% during the forecast period (2019–2024). The factors driving the growth of the market are government incentives and federal tax credits, low maintenance cost of such vehicles, and emergence of sharing services. Further, the amount of investments being made in e-two-wheeler manufacturing companies is increasing at a significant rate. Electric scooters and motorcycles are scooters and motorcycles that use rechargeable battery for moving.

Request to Get the Sample Report@

On the basis of type, the electric bike market in North America is divided into scooter, kick scooter, and motorcycle. Out of these, in 2018, in terms of volume, the kick scooter category dominated the market. This is ascribed to the growing usage of electric kick scooters for sharing services, as these are eco-friendly, economical, and easy to ride. Furthermore, e-kick scooters, as compared to others, have low operating cost, resulting in an increasing adoption rate of these vehicles, further resulting in its dominance in the historical period.
Coming to the batter capacity, the North American electric scooters and motorcycles sector is classified into more than 15 kWh, 10–15 kWh, 5–10 kWh, and less than 5 kWh. Among these, in 2018, electric scooters and motorcycles with less than 5 kWh battery capacity held the largest volume share in the market, of more than 90.0%. This is attributed to the sudden rise in the demand for kick scooters for sharing services and increase in their usage by individuals, who mostly preferred vehicles powered by batteries with a capacity of less than 5 kWh.

Based on country, the electric scooters and bike market in North America is bifurcated into the U.S. and Canada, of which, the U.S. accounted for a contribution of nearly 85.0% in the market in 2018 in terms of volume. The major factors driving the growth of the sector in the U.S. are the increasing adoption of electric vehicles, government support in the form of financial and non-financial incentives for the acquisition of these vehicles, and a large passenger base. Hence, the growing inclination toward such electric vehicles in the U.S. is predicted to boost the market in North America.

Make Enquiry Before Buying the Report@

Currently, the electric scooter sharing service niche is witnessing rapid development and is in a process of evolution. These services have been available in North America since 2012, but only in the last two years, e-scooters emerged in the domain. Such sharing services are an attractive option for shared mobility, as these are easy to operate, compact, and do not ask for any physical exertion. In addition to this, the size of the battery used in these scooters is lesser, compared to other electric vehicles, which makes e-scooters easier to charge.

Therefore, with the emergence of electric scooters in the sharing fleet, the North American electric scooters and motorcycles market is expected to witness significant growth.

Contact: P&S Intelligence
International: +1-347-960-6455

About P&S Intelligence
P&S Intelligence is a provider of market research and consulting services catering to the market information needs of burgeoning industries across the world. Providing the plinth of market intelligence, P&S as an enterprising research and consulting company, believes in providing thorough landscape analyses on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness.

This release was published on openPR.

Permanent link to this press release:

Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release E-Bike and Scooter Demand and Trend in North American Region - Business Revenue Forecast here

News-ID: 2082830 • Views: 264

More Releases from P&S Intelligence

Data Center Colocation Market | Covid19 Impact Analysis | Business Outlook, Grow …
Large enterprises are currently the larger users of colocation services, on account of their desire to decrease their operational expenses and increase focus on their more-critical areas. This is being done by giving the responsibility to house their expensive information technology (IT) hardware, such as routers, modems, and servers, to data centers, which also let them store huge amounts of data. Get the Sample Copy of this Report at: In addition, as
How Surging Interaction Through Enterprise Messaging Applications Driving Key Ma …
In the wake of the rising cyber attacks, adoption of cloud technologies, and focus on digital transformation, the need to meet the associated regulatory compliance is increasing around the world. Health Insurance Portability and Accountability Act (HIPAA), Payment Card Industry Data Security Standard (PCI DSS), General Data Protection Regulation (GDPR), and Federal Information Security Management Act (FISMA) are the various acts and standards which govern cyber security. Get the Sample Copy
Digital Out of Home Market Growth Declines, However COVID-19 Pandemic May Bring …
Digital out of home or DOOH refers to digital media displayed in outdoors that is accessible to the public and used for advertising and marketing purposes. It is displayed via electronic displays in a variety of formats, excluding radio and TV advertising. It consists of digital billboards, out of home (OOH) displays, digital signages, LEDs, and screen technologies. Request Sample Copy of Report : The digital out of home market is
Medical Device Outsourcing Market - Future Developments, Trends, and Opportunity …
The healthcare industry is witnessing rapid growth because of the surging prevalence of diseases all across the world. The medical industry does not only deal with drugs and therapy, but medical devices are an important part of it. Attributed to this, the medical devices industry is registering swift growth as well. In 2018, the global medical devices market attained a value of $425.5 billion and is predicted to reach $612.7

All 5 Releases

More Releases for North

Agrochemicals Market in North America
ReportsWorldwide has announced the addition of a new report title North America: Agrochemicals: Market Intelligence (2016-2021) to its growing collection of premium market research reports. The report “North America: Agrochemicals: Market Intelligence (2016-2021)” provides market intelligence on the different market segments, based on type, active ingredient, formulation, crop, and pest. Market size and forecast (2016-2021) has been provided in terms of both, value (000 USD) and volume (000 KG) in the
North American Surgical Gowns Market
The North American Surgical Gowns Market report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies. The global surgical apparels market is growing at a significant rate due to increasing number of surgeries, and technological advancement in the field. Some of the surgical apparels available
Web Design in North London
Darcy Developments has moved to the West Hampstead area of North London. Originally based in Manchester and building up a strong client base there, including the exclusive Manchester Grammar School, they have decided to up shop and make the move to the big city. They specialise in Web Design, with an emphasis on clean, simple layouts with a strong message associated with it. They also provide ecommerce solutions such as Paypal integration
The Jewel of the North
It is fair to say that Blackpool is a well known holiday destination not only in the UK and Ireland but also around the world, and is known as ‘The Jewel of the North’, or some refer to Blackpool as the ‘playground of the North, or even ‘Britain’s Las Vegas’. This ‘Jewel’ has much to offer the tourist, it is a very traditional English Victorian seaside town, boasting many attractions, such
LTC North India Tour Packages
LTC TOURS is one of well known travel tour operator among the tourist from all over the world, touring India, Thailand, Malaysia & Singapore, Srilanka, Dubai, London, Paris and more. Our one of the tour package is LTC North India Tour Packages in which we are exploring the complete beauty of North India like Delhi, Rajasthan, Bikaner, and Jaisalmer. In LTC North India Tour Packages, we cover Rajasthan culture, heritage, forts
06-08-2009 | Sports
ClickCulture Promotes North Carolina Worldwide
Race Team Sponsorship Includes North Carolina Flag Vehicle Wrap RALEIGH, N.C. (June 8, 2009)—ClickCulture Inc. (, a Raleigh-based Web technologies, design and integrated marketing firm, announces today its sponsorship of Creation Autosportif ( The sponsorship includes the North Carolina state flag graphically wrapped on Creation's Le Mans race car. The newly wrapped car will debut at the 77th running of the Le Mans 24 Hour race, held June 13 and 14