Press release
Electric Scooter And Motorcycle Market is projected to reach a value of USD 7.49 billion by 2029, growing at a CAGR of 4.2% during the forecast period.
Electric Scooter And Motorcycle Market
Electric scooters and motorcycles are gaining significant traction worldwide due to favorable government initiatives promoting eco-friendly vehicles and the growing need for zero-emission transportation solutions. The market has witnessed a surge in demand for scooters, especially in urban areas, as they are lightweight and well-suited for daily commuting.
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The report by Maximize Market Research is based on extensive research and analysis, taking into account the impact of the COVID-19 pandemic on the sales revenue of market leaders, followers, and disruptors. The report utilizes a combination of primary and secondary research methodologies to provide accurate and reliable market insights.
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What are Electric Scooter And Motorcycle Market Dynamics?
The report highlights several key drivers and trends influencing the growth of the electric scooters and motorcycles market. The increased adoption of e-mobility for short-distance travel is a prominent trend in the industry. Furthermore, government initiatives, such as subsidies and tax benefits for eco-friendly vehicles, rising concerns about air pollution caused by gasoline-based vehicles, and the introduction of new technologies, are driving market growth.
The low maintenance requirements of electric scooters and motorcycles, coupled with the rising awareness of environmental pollution, have led to a surge in their adoption. For instance, the Netherlands has witnessed a significant increase in the sales of electric bikes (e-bikes) compared to non-electric bikes due to rising pollution awareness. A similar trend is observed in India, where the sales of e-bikes have doubled in recent years.
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What is Electric Scooter And Motorcycle Market Regional Insight?
Geographically, the Asia-Pacific region dominates the electric scooters and motorcycles market, primarily driven by government support through permits, incentives, and tax discounts. The region's rapid urbanization, increasing disposable income, and growing awareness of environmental pollution contribute to market growth. China holds a significant market share in the Asia-Pacific region, supported by a large population base and a robust charging infrastructure. India is also expected to experience substantial growth in the electric two-wheelers market.
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What is Electric Scooter And Motorcycle Market Segmentation?
by Product
• Motorcycles
• Scooters
by Battery
•SLA
• Li-ion
• NiMH
by Voltage
• 12V
• 24V
• 36V
• 48V
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Who are Electric Scooter And Motorcycle Market Key Players?
Yadea
Aima
Zhejiang Luyuan
Niu
Amego Electric
Alta Motors
Energica Motor Company
BMW
Govecs Group
Honda Motors
KTM
Mahindra GenZe
Sunra
Suzuki Motors Corporation
Terra Motors Group
Victory Motorcycles
Yamaha Motors
Polaris Industries Inc
Zero Motorcycle
Z Electric Vehicle
Shandong Incalcu Electric Vehicle
Table of content for the Electric Scooter And Motorcycle Market includes:
1. Global Electric Scooter And Motorcycle Market: Research Methodology
2. Global Electric Scooter And Motorcycle Market: Executive Summary
• Market Overview and Definitions
• Introduction to the Global Market
• Summary
• Key Findings
• Recommendations for Investors
• Recommendations for Market Leaders
• Recommendations for New Market Entry
3. Global Electric Scooter And Motorcycle Market: Competitive Analysis
• MMR Competition Matrix
• Market Structure by region
• Competitive Benchmarking of Key Players
• Consolidation in the Market
• M&A by region
• Key Developments by Companies
• Market Drivers
• Market Restraints
• Market Opportunities
• Market Challenges
• Market Dynamics
• PORTERS Five Forces Analysis
• PESTLE
• Regulatory Landscape by region
• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America
• COVID-19 Impact
4. Global Electric Scooter And Motorcycle Market Segmentation
• Global Market, by Product(2021-2029)
• Global Market, by Voltage(2021-2029)
• Global Market, by Battery(2021-2029)
5. Regional Electric Scooter And Motorcycle Market(2021-2029)
• Regional Market, by Product(2021-2029)
• Regional Market, by Voltage(2021-2029)
• Regional Market, by Battery(2021-2029)
• Regional Market, by Country (2021-2029)
6. Company Profile: Key players
• Company Overview
• Financial Overview
• Global Presence
• Capacity Portfolio
• Business Strategy
• Recent Developments
Key Offerings:
• Past Market Size and Competitive Landscape (2018 to 2021)
• Past Pricing and price curve by region (2018 to 2021)
• Market Size, Share, Size & Forecast by different segment | 2022-2029
• Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
• Market Segmentation - A detailed analysis by Product
• Competitive Landscape - Profiles of selected key players by region from a strategic perspective
• Competitive landscape - Market Leaders, Market Followers, Regional player
• Competitive benchmarking of key players by region
• PESTLE Analysis
• PORTER's analysis
• Value chain and supply chain analysis
• Legal Aspects of business by region
• Lucrative business opportunities with SWOT analysis
• Recommendations
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About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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