Press release
Electric Scooter and Motorcycle Market Analysis and Forecast to 2033: COVID-19 and Post-COVID Impact, Opportunities and Trends
The Electric Scooter and Motorcycle market, valued at US$ 5.01 billion in 2023, is projected to grow at a CAGR of 5.14% from 2023 to 2033. The market's growth is primarily fueled by increasing environmental awareness and strong regulatory support for clean energy transportation solutions. Governments and consumers alike are turning towards electric vehicles as a sustainable alternative to traditional internal combustion engines, driven by concerns over pollution and climate change. However, the market faces challenges, particularly related to infrastructure, such as the availability of charging stations, and range anxiety, which can deter potential buyers. Despite these hurdles, the market presents significant opportunities, especially in urban areas where the demand for last-mile connectivity solutions is rising. As cities continue to grow and prioritize sustainable transportation, electric scooters and motorcycles are becoming an integral part of urban mobility, offering a promising future for the market.For More Information: https://evolvebi.com/report/global-electric-scooter-and-motorcycle-market-analysis/
The report includes 10 key players in the Electric Scooter and Motorcycle market ecosystem that have been strategically profiled, along with the market ranking/share for major players. The key players profiled in the report are:
• Yadea Group Holding Ltd.
• Hero Electric
• Vmoto Limited
• Electrotherm Ltd.
• Jiangsu Xinri E-Vehicle Co., Ltd.
• Energica Motor Company
• Piaggio Group
• Mahindra and Mahindra Ltd.
• Harley Davidson
• TORROT ELECTRIC EUROPA S.A.
The Electric Scooter and Motorcycle market features a competitive landscape with a range of key players driving innovation and growth. Yadea Group Holding Ltd. is a leading manufacturer, known for its extensive range of electric scooters and strong market presence. Hero Electric is a major player in the Indian market, offering a variety of electric two-wheelers tailored to local needs. Vmoto Limited focuses on premium electric scooters and has established a significant footprint in international markets. Electrotherm Ltd. combines electric vehicle technology with a robust manufacturing background, offering diverse electric mobility solutions.
Jiangsu Xinri E-Vehicle Co., Ltd. is a prominent Chinese company specializing in electric scooters and motorcycles, leveraging advanced technology to enhance performance. Energica Motor Company stands out with its high-performance electric motorcycles, catering to the premium segment of the market. Piaggio Group offers a range of electric two-wheelers, leveraging its experience in the scooter industry to innovate in electric mobility. Mahindra and Mahindra Ltd. brings its expertise in automotive manufacturing to the electric two-wheeler market, focusing on both scooters and motorcycles. Harley Davidson is making strides in the electric motorcycle segment, introducing models that combine the brand's legacy with new technology. TORROT ELECTRIC EUROPA S.A. is known for its innovative electric scooters and off-road electric motorcycles, contributing to the market's diversification.
For sample report pages - https://evolvebi.com/report/global-electric-scooter-and-motorcycle-market-analysis/
Market Segment By Product with focus on market share, consumption trend, and growth rate of Electric Scooter and Motorcycle Market:
o E-Scooter/Moped
o E-Motorcycle
Market Segment By battery type with focus on market share, consumption trend, and growth rate of Electric Scooter and Motorcycle Market:
o Sealed Lead Acid
o Lithium-Ion
Market Segment By voltage with focus on market share, consumption trend, and growth rate of Electric Scooter and Motorcycle Market:
o 36V
o 48V
o 60V
o 72V
Market Segment By technology type with a focus on market share, consumption trend, and growth rate of Electric Scooter and Motorcycle Market:
o Plug-In
o Battery
Global Electric Scooter and Motorcycle Geographic Coverage:
• North America
o US
o Canada
o Mexico
• Europe
o UK
o Germany
o France
o Italy
o Spain
o Benelux
o Nordic
o Rest of Europe
• Asia Pacific
o China
o Japan
o South Korea
o Indonesia
o Austalia
o Malaysia
o India
o Rest of Asia Pacific
• South America
o Brazil
o Argentina
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Egypt
o South Africa
o Rest of the Middle East & Africa
For any customization, contact us through - https://evolvebi.com/report/global-electric-scooter-and-motorcycle-market-analysis/
Key Matrix for Latest Report Update
• Base Year: 2023
• Estimated Year: 2024
• CAGR: 2024 to 2034
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Evolve Business Intelligence is a market research, business intelligence, and advisory firm providing innovative solutions to challenging pain points of a business. Our market research reports include data useful to micro, small, medium, and large-scale enterprises. We provide solutions ranging from mere data collection to business advisory.
Evolve Business Intelligence is built on account of technology advancement providing highly accurate data through our in-house AI-modelled data analysis and forecast tool - EvolveBI. This tool tracks real-time data including, quarter performance, annual performance, and recent developments from Fortune's global 2000 companies.
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