Electric Scooter and Motorcycle Market Industry Key Trends, Demand, Growth, Size, Review, Share, Analysis to 2027

The report on the Global Electric Scooter and Motorcycle Market has been published by the Market intelligence data. The report provides the client with the latest trending insights about the Electric Scooter and Motorcycle market. You will find in the report contain market value and growth rate, size, production consumption, and gross margin, prices, and other significant factors. Along with these, you will get complete information about all the distributors, suppliers, and retailers of the Electric Scooter and Motorcycle market in the report. The competitive scenario of all the industry players is mentioned in detail in the report. Due to the pandemic, the market players have strategically changed their business plans.

The global Electric Scooter and Motorcycle market exhibited moderate growth during 2021-2027. Looking onward, the market is to grow at a CAGR of around 31.9%.

The study contains market share analysis and profiles of players such as Yadea Group Holdings Ltd., Hero Electric, Vmoto Limited, Jiangsu Xinri E-Vehicle Co., Ltd., Johammer, Saietta Group, Energica, Alta Motors, Lightning, Yamaha, BMW, KTM, Victory motorcycles, Zero

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If you are an Electric Scooter and Motorcycle manufacturer and would like to check or understand the policy and regulatory proposal, designing clear explanations of the stakes, potential winners and losers, and options for development then this report will help you understand the shape with Impacting Trends. 

Market Overview:

The electric scooters and motorcycles market is in its initial phase, majorly driven by start-ups. However, conventional motorcycle giants are finding future opportunities in this burgeoning market. For instance, Piaggio announced and launched its new Piaggio ONE at the Beijing Motor show in May 2021, indicating the fact that conventional motorcycle giants are keen on expanding their product portfolio to electric vehicles as well.
The acceptance of bikes and scooters is different in various regions, as bikes and scooters are a less expensive and more sustainable form of transportation than cars. Southeast Asia, South America, and Africa have huge potential, as these regions primarily use normal scooters and motorcycles with lower engine capacities for the daily commute or short-distance transport.

Types of Products:

Traffic
Others

Application spectrum:

Sealed Lead Acid
Li-Ion

Regions and Countries Level Analysis:

Asia-Pacific is anticipated to lead the market over the forecast period. China, India, and Japan are the major economies in the regional market, which are anticipated to influence the overall market. These countries are witnessing the entry of an increasing number of start-ups and well-established and conventional manufacturers in the market.

In 2020, Taiwan began providing a subsidy of up to USD 900-1000 for the purchase of new electric motorcycles/scooters. Owing to such plans in the past, in December 2019, Gogoro, a local start-up, sold a record of 22,500 units. It also ended 2019 with a record of 145,000 sales in Taiwan.

India, one of the largest two-wheeler markets, is witnessing the entry of many new start-ups, which are marking their presence by launching new models and expanding current models and existing infrastructure.

The report offers an in-depth assessment of the growth and other aspects of the Electric Scooter and Motorcycle market in important countries (regions), including:

North America (the United States, Canada, and Mexico)

Europe (Germany, France, UK, Russia, and Italy)

Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)

South America (Brazil, Argentina, etc.)

Middle East & Africa (Saudi Arabia, Egypt, Nigeria, and South Africa)

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Market Analysis:

Currently, the price of electric two-wheelers is higher than that of conventional motorcycles, owing mostly to the cost of batteries. Although governments of different countries are offering subsidies for electric vehicle purchases, the final expenditure on the vehicle is still high. Hence, companies and local governing bodies are pushing hard to promote and provide more fuel for the growth of electric two-wheelers.

Many countries where two-wheelers are popular have come up with new incentive schemes for e-scooters and motorcycles. For instance, in February 2021, the Indian government announced its plan to support the country's electric bikes market, which is currently at around 1.5 million units.

The major points that are covered in the report:

Overview: In this section, the global Electric Scooter and Motorcycle Market definition is given, with an overview of the report in order to provide a broad outlook about the nature and contents of the research study.

Strategies Analysis of Industry Players: This Strategic Analysis will help to gain a competitive advantage over their competitors to the market players.

Essential Market Trends:  a Depth analysis of the market’s latest and future trends is provided in this section.

Market Forecasts: In this segment, accurate and authenticated values of the total market size in terms of value and volume have been given by the research analyst. Also, the report includes production, consumption, sales, and other forecasts for the global Electric Scooter and Motorcycle Market.

Regional Analysis: In the global Electric Scooter and Motorcycle market report main five regions and its countries have been covered. Market players will have approximations about the untapped regional markets and other benefits with the help of this analysis.

Segment Analysis: Accurate and reliable predict about the market share of the essential sections of the Electric Scooter and Motorcycle market is provided.

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Impact and Recovery Analysis of Covid-19:

This paper examines the supply chain, import and export controls, regional government policy, and potential impact on the sector in the wake of the global COVID-19 outbreak. A detailed examination of market conditions, enterprise race patterns, enterprise product advantages and disadvantages, industry development trends (2021-2027), regional industrial layout features and macroeconomic policies, as well as industrial policy, has been presented.

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