Press release
Electric Scooter and Motorcycle Market Poised for Growth with a 4.3% CAGR, Expected to Reach USD 8 Billion by 2030
Electric Scooter and Motorcycle Market
Electric scooters and motorcycles represent a transformative shift toward sustainable urban transportation. Electric scooters are lightweight, compact, and ideal for short-distance travel in cities. Powered by rechargeable batteries, they offer quiet operation and zero emissions, making them a favorite among environmentally conscious commuters. On the other hand, electric motorcycles, which are larger and designed for higher speeds and longer ranges, cater to highway travel and those seeking a traditional motorcycling experience with the advantages of electric propulsion.
The Global Electric Scooter and Motorcycle Market, valued at USD 5.96 billion in 2023, is projected to grow at a compound annual growth rate (CAGR) of 4.3%, reaching USD 8 billion by 2030. This growth highlights the increasing importance of sustainable urban mobility solutions in combating pollution, reducing traffic congestion, and mitigating climate change.
๐๐ฎ๐ซ๐ข๐จ๐ฎ๐ฌ ๐ญ๐จ ๐ฉ๐๐๐ค ๐ข๐ง๐ฌ๐ข๐๐? ๐๐ซ๐๐ ๐ฒ๐จ๐ฎ๐ซ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐ญ๐ก๐ข๐ฌ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐ง๐จ๐ฐ: https://www.maximizemarketresearch.com/request-sample/24391/
๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ
๐๐ง๐ฏ๐ข๐ซ๐จ๐ง๐ฆ๐๐ง๐ญ๐๐ฅ ๐๐ฐ๐๐ซ๐๐ง๐๐ฌ๐ฌ ๐๐ง๐ ๐๐จ๐ฏ๐๐ซ๐ง๐ฆ๐๐ง๐ญ ๐๐ฎ๐ฉ๐ฉ๐จ๐ซ๐ญ
The growing concerns over climate change and air pollution have fueled the demand for eco-friendly transportation options. Electric scooters and motorcycles, being zero-emission vehicles, serve as attractive alternatives to traditional gasoline-powered vehicles. Governments worldwide are bolstering this transition through subsidies, tax incentives, and investments in infrastructure, such as charging stations.
๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ: ๐๐ฌ๐ข๐ ๐๐๐๐ข๐๐ข๐ ๐๐๐๐๐ข๐ง๐ ๐ญ๐ก๐ ๐๐ก๐๐ซ๐ ๐
The Asia Pacific region dominated the global market in 2023 and is expected to maintain its leadership throughout the forecast period. Factors such as rapid urbanization, rising pollution levels, and the need for sustainable transportation have driven the demand for electric scooters and motorcycles in this region.
๐๐ก๐๐ข๐ฅ๐๐ง๐: ๐๐ฅ๐๐๐ญ๐ซ๐ข๐ ๐๐ฐ๐จ-๐๐ก๐๐๐ฅ๐๐ซ ๐๐ซ๐๐ง๐๐ฌ
In Thailand, the electric scooter and motorcycle market is expanding due to rising fuel prices and a growing awareness of environmental issues. The government's supportive policies and investment in charging infrastructure are further propelling market growth.
๐๐๐๐๐ฌ๐ฌ ๐๐จ๐ฎ๐ซ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ + ๐๐ข๐ฌ๐ฎ๐๐ฅ๐ฌ ๐๐จ๐ฐ: https://www.maximizemarketresearch.com/request-sample/24391/
๐๐๐ฉ๐๐ง: ๐๐ฅ๐๐๐ญ๐ซ๐ข๐ ๐๐๐ก๐ข๐๐ฅ๐ ๐๐ซ๐จ๐ฐ๐ญ๐ก
Japan's advanced technological landscape and commitment to reducing carbon emissions have led to increased adoption of electric scooters and motorcycles. The market is anticipated to grow steadily, supported by continuous innovations and a tech-savvy population.
๐๐จ๐ฎ๐ญ๐ก ๐๐จ๐ซ๐๐: ๐๐ฅ๐๐๐ญ๐ซ๐ข๐ ๐๐จ๐๐ข๐ฅ๐ข๐ญ๐ฒ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ๐ฌ
South Korea is experiencing significant growth in the electric scooter and motorcycle market, driven by government initiatives to promote electric vehicles and reduce air pollution. The integration of these technologies in smart cities is becoming increasingly prevalent.
๐๐ข๐ง๐ ๐๐ฉ๐จ๐ซ๐: ๐๐ฅ๐๐๐ญ๐ซ๐ข๐ ๐๐ฐ๐จ-๐๐ก๐๐๐ฅ๐๐ซ ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ
Singapore's robust digital infrastructure and emphasis on sustainable urban mobility are fostering the adoption of electric scooters and motorcycles. The government's focus on reducing carbon emissions is expected to create new opportunities in this sector.
๐๐ง๐ข๐ญ๐๐ ๐๐ญ๐๐ญ๐๐ฌ: ๐๐ฅ๐๐๐ญ๐ซ๐ข๐ ๐๐๐ก๐ข๐๐ฅ๐ ๐๐จ๐ง๐ฌ๐จ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง
The U.S. electric scooter and motorcycle market is characterized by continuous innovations and strategic partnerships aimed at enhancing user experience. For instance, in July 2022, The Rohatyn Group, a U.S.-based asset management firm, acquired KJK Capital, a Europe-based manufacturer of electric bikes, to expand its presence in the e-bike market.
๐๐ข๐ฏ๐ ๐ข๐ง๐ญ๐จ ๐ญ๐ก๐ ๐ข๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐ฐ๐ข๐ญ๐ก ๐จ๐ฎ๐ซ ๐๐ซ๐๐ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ: https://www.maximizemarketresearch.com/request-sample/24391/
๐๐ฅ๐๐๐ญ๐ซ๐ข๐ ๐๐๐จ๐จ๐ญ๐๐ซ ๐๐ง๐ ๐๐จ๐ญ๐จ๐ซ๐๐ฒ๐๐ฅ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง
๐๐ฒ ๐๐๐ก๐ข๐๐ฅ๐ ๐๐ฒ๐ฉ๐
Electric Scooters
Electric Motorcycles
Electric Mopeds
Electric Bicycles (E-Bikes)
Others
๐๐ฒ ๐๐๐ญ๐ญ๐๐ซ๐ฒ ๐๐ฒ๐ฉ๐
Lithium-ion (Li-ion) batteries
Lead-acid batteries
Nickel-metal hydride (NiMH) batteries
Others
๐๐ฒ ๐๐๐ง๐ ๐
Less Than 75 Miles
75 Miles to 100 Miles
More Than 100 Miles
๐๐๐ญ ๐๐จ๐ซ๐ ๐๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง ๐จ๐ง ๐ญ๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ : https://www.maximizemarketresearch.com/market-report/global-electric-scooter-and-motorcycle-market/24391/
๐๐ฅ๐๐๐ญ๐ซ๐ข๐ ๐๐๐จ๐จ๐ญ๐๐ซ ๐๐ง๐ ๐๐จ๐ญ๐จ๐ซ๐๐ฒ๐๐ฅ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ
Global
1. Niu Technologies (Beijing, China)
2. Gogoro (Taipei, Taiwan)
3. Segway-Ninebot (Beijing, China)
4. Xiaomi (Beijing, China)
5. Zero Motorcycles (Scotts Valley, California, USA)
North America
1. Harley-Davidson, Inc. (Milwaukee, Wisconsin, USA)
2. GenZe (Fremont, California, USA)
3. Vectrix Corporation (New Bedford, Massachusetts, USA)
Europe
1. Energica Motor Company (Modena, Italy)
2. Vespa (Pontedera, Italy)
Asia Pacific
1. Xiaomi (Beijing, China)
2. Hero Electric (New Delhi, India)
3. Evoke Motorcycles (Beijing, China)
4. Super Soco (Jiangsu, China)
5. Yadea Group Holdings Ltd. (Wuxi, China)
6. Revolt Motors (Gurugram, India)
7. Emflux Motors (Bengaluru, India)
8. Okinawa Autotech Pvt. Ltd (Gurugram, India)
9. Ampere Vehicles Pvt. Ltd. (Coimbatore, India)
10. Ather Energy (Bengaluru, India)
11. Mahindra Electric Mobility Ltd. (Bengaluru, India)
12. TVS Motor Company (Chennai, India)
๐๐ก๐๐๐ค ๐จ๐ฎ๐ญ ๐จ๐ฎ๐ซ ๐ญ๐ซ๐๐ง๐๐ข๐ง๐ ๐ฌ๐ญ๐ฎ๐๐ข๐๐ฌ ๐ญ๐จ ๐ฎ๐ง๐๐๐ซ๐ฌ๐ญ๐๐ง๐ ๐ข๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐ฌ๐ก๐ข๐๐ญ๐ฌ :
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โฆ Global Adhesion Barrier Device Market https://www.maximizemarketresearch.com/market-report/global-adhesion-barrier-device-market/10968/
โฆ Programmable Logic Controller Market https://www.maximizemarketresearch.com/market-report/programmable-logic-controller-market/188518/
โฆ Cashew Nutshell Liquid Market https://www.maximizemarketresearch.com/market-report/cashew-nutshell-liquid-market/147699/
โฆ Global Graphite Lubricant Market https://www.maximizemarketresearch.com/market-report/global-graphite-lubricant-market/69647/
โฆ Global Visitor Management System Market https://www.maximizemarketresearch.com/market-report/global-visitor-management-system-market/116611/
โฆ Global Hardware Acceleration Market https://www.maximizemarketresearch.com/market-report/global-hardware-acceleration-market/63806/
โฆ Underwater Communication System Market https://www.maximizemarketresearch.com/market-report/underwater-communication-system-market/182910/
โฆ Green and Bio Polyols Market https://www.maximizemarketresearch.com/market-report/green-and-bio-polyols-market/147933/
๐๐๐๐๐๐๐๐ ๐๐๐๐๐๐ ๐๐๐๐๐๐๐๐ ๐๐๐. ๐๐๐.
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