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Electric Motorcycle and Scooter Market size to grow by USD 103.45 billion from 2022 - 2027

02-09-2024 08:36 AM CET | Logistics & Transport

Press release from: Transparency Market Research

Electric Motorcycle and Scooter Market

Electric Motorcycle and Scooter Market

The electric motorcycle and scooter market encompasses a diverse range of two-wheeled vehicles powered by electric motors and rechargeable batteries. These vehicles offer eco-friendly mobility solutions, catering to urban commuters, delivery services, and recreational riders alike. With advancements in battery technology and charging infrastructure, electric motorcycles and scooters are gaining traction globally.

The global electric motorcycle and scooter market is experiencing significant growth, driven by rising concerns about environmental pollution, increasing government support for electric vehicles (EVs), and advancements in battery technology. The market is expected to reach a value of USD 103.45 billion by 2031, growing at a CAGR of 17.22% from 2022 to 2031.

๐“๐จ ๐ฏ๐ข๐ž๐ฐ ๐š ๐ฌ๐š๐ฆ๐ฉ๐ฅ๐ž ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ, ๐œ๐ฅ๐ข๐œ๐ค ๐ก๐ž๐ซ๐ž: https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=66890&utm_source=Openpr_Priti&utm_id=Openpr

Electric scooters and motorcycles are two-wheeled vehicles powered by rechargeable batteries. They are used for daily commutes and last-mile deliveries. Electric scooters and motorcycles are also manufactured for cruising and racing purposes. An electric motor powersย electric two-wheelerย motorcycles instead of a fuel engine that runs on gasoline or diesel. The motor is powered by a rechargeable battery. The latest electric motorcycles and scooters in 2022 comprise plug-in charging options compared to earlier vehicles that were charged after removal of the battery.ย 

Updated Version of Sample Report Included:

Detailed industry forecast
Brief Introduction to the research report.
Additional information on company participants
Customized reports and analyst assistance are available upon request.
Recent market developments and potential future growth opportunities
Personalized regional/country reports upon request
New data sources are being integrated.
Increased focus on data privacy and security
Increased collaboration and co-creation

๐ˆ๐ง๐ช๐ฎ๐ข๐ซ๐ž ๐ฆ๐จ๐ซ๐ž ๐š๐›๐จ๐ฎ๐ญ ๐ญ๐ก๐ข๐ฌ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ ๐›๐ž๐Ÿ๐จ๐ซ๐ž ๐ฉ๐ฎ๐ซ๐œ๐ก๐š๐ฌ๐ž - https://www.transparencymarketresearch.com/sample/sample.php?flag=EB&rep_id=66890&utm_source=Openpr_Priti&utm_id=Openpr

The report covers extensive competitive intelligence which includes the following data points:

- Business Overview

- Business Model

- Financial Data

- Financial - Existing

- Financial - Funding

- Product/Service Segment Analysis and specification

- Recent Development and Company Strategy Analysis

- SWOT Analysis

Key Players operating in the global Electric Motorcycle and Scooter market are

Electrotherm Ltd., Energica Motor Company, Harley Davidson, Hero Electric, Jiangsu Xinri E-vehicle Co. Ltd., KTM AG, Mahindra & Mahindra Ltd., NIU International, Piaggio Group, Vmoto Limited, Yadea Group Holding Ltd., Ampere Vehicles, Ather Energy, Avan Motors India, Avon Cycles

This Report lets you identify the opportunities in Electric Motorcycle and Scooter Market by means of a region:

North America (the United States, Canada, and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, and Southeast Asia (Indonesia, Thailand, Philippines, Malaysia, and Vietnam))
South America (Brazil etc.) The Middle East and Africa (North Africa and GCC Countries)

๐‡๐š๐ฏ๐ž ๐€๐ง๐ฒ ๐๐ฎ๐ž๐ซ๐ฒ? ๐€๐ฌ๐ค ๐“๐จ ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ญ: https://www.transparencymarketresearch.com/sample/sample.php?flag=ASK&rep_id=66890&utm_source=Openpr_Priti&utm_id=Openpr

Key Features of the Electric Motorcycle and Scooter Market Report: -

โžค Analyze competitive developments such as expansions, deployments, new product launches, and market acquisitions.

โžค Examine the market opportunities for stakeholders by identifying higher growth sections.

โžค To study and analyze the global Electric Motorcycle and Scooter industry status and forecast including key regions.

โžค An in-depth analysis of key product segments and application spectrum, providing strategic recommendations to incumbents and new entrants to give them a competitive advantage over others.

โžค It provides a comprehensive analysis of key regions of the industry as well as a SWOT analysis and Porter's Five Forces analysis to provide a deeper understanding of the market.

โžค It helps you make strategic business decisions and investment plans.

Recent Developments:

Launch of new electric motorcycle and scooter models with improved range, performance, and features.
Collaborations between manufacturers and technology companies to develop advanced battery management systems and charging solutions.
Expansion of distribution networks and partnerships with ride-sharing and delivery service providers to promote electric two-wheeler adoption.

Market Drivers and Challenges:

Drivers: Environmental concerns driving demand for zero-emission transportation solutions, government subsidies and incentives, advancements in battery technology driving increased range and performance, and rising fuel prices.
Challenges: Limited charging infrastructure, concerns about battery range and longevity, higher upfront costs compared to conventional vehicles, and regulatory hurdles related to safety and licensing.

Market Trends:

Expansion of electric scooter sharing programs in urban centers, offering convenient and eco-friendly last-mile transportation solutions.
Integration of smart features such as connectivity, GPS navigation, and smartphone app integration for enhanced user experience and functionality.
Development of electric motorcycles with performance capabilities rivaling traditional gasoline-powered bikes, appealing to enthusiasts and commuters alike.

๐Œ๐จ๐ซ๐ž ๐“๐ซ๐ž๐ง๐๐ข๐ง๐  ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ ๐›๐ฒ ๐“๐ซ๐š๐ง๐ฌ๐ฉ๐š๐ซ๐ž๐ง๐œ๐ฒ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก -

Robo-taxi Market- https://www.accesswire.com/713777/Robo-taxi-Market-to-Register-Stellar-Growth-Rising-at-CAGR-of-625-during-Forecast-Period-TMR-Study

Intelligent Transportation System Market- https://www.globenewswire.com/news-release/2022/05/16/2444032/0/en/Intelligent-Transportation-System-Market-Size-Worth-US-60-Billion-By-2030-CAGR-10-Observes-TMR-Study.html

๐€๐›๐จ๐ฎ๐ญ ๐”๐ฌ ๐“๐ซ๐š๐ง๐ฌ๐ฉ๐š๐ซ๐ž๐ง๐œ๐ฒ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก

Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.

Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision-makers, made possible by experienced teams of Analysts, Researchers, and Consultants. The proprietary data sources and various tools & techniques we use always reflect the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in all of its business reports.

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐”๐ฌ

Nikhil Sawlani

Transparency Market Research Inc.

CORPORATE HEADQUARTER DOWNTOWN,

1000 N. West Street,

Suite 1200, Wilmington, Delaware 19801 USA

Tel: +1-518-618-1030

USA - Canada Toll Free: 866-552-3453

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