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Latest Study on Electric Motorcycle & Scooters (EMS) Market hints a True Blockbuster
Electric Motorcycle & Scooters (EMS) Market
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Definition: The size of the Electric Motorcycle & Scooters (EMS) Market was valued at USD 35 Billion in 2023 and is projected to reach USD 49.25 Billion by 2032, with an expected CAGR of 5% during the forecast period. The Electric Motorcycle & Scooters (EMS) market emphasizes the advancement and expansion of electric two-wheeled vehicles, such as motorcycles and scooters, intended for individual transit. These vehicles present an eco-friendly option compared to conventional gasoline-powered models by delivering zero-emission travel, diminished operational expenses, and a lesser effect on the environment. The EMS market is propelled by elements like growing environmental consciousness, governmental support for electric transport, and progress in battery technology that enhances range, charging efficiency, and overall functionality. With increasing urbanization and rising traffic congestion issues, electric motorcycles and scooters provide an effective and economical option for short-distance travel, particularly in densely populated urban areas. The increasing need for sustainable transport, along with technological advancements and a broader charging network, is anticipated to drive substantial market expansion. Moreover, the rise of shared mobility services and the transition towards more sustainable transport options are also driving the growth of the EMS market. The market is set for significant expansion as electric two-wheelers increasingly gain popularity worldwide.
Major Players in This Report Include: AIMA Technology Group Co., Ltd., Ampere Vehicles Pvt Ltd., Energica Motor Company S.p.A, GOVECS AG, Harley Davidson, Hero Electric, Jiangsu Xinri E-vehicle Co., Ltd., KTM Sport motorcycle GmbH, Niu Technologies, SUNRA, Tailing Electric Vehicle Co., Ltd., Terra Motors Corporation, Vmoto Limited, Yadea Technology Group Co., Ltd.
Global Electric Motorcycle & Scooters (EMS) the manufacturing cost structure analysis of the market is based on the core chain structure, engineering process, raw materials and suppliers. The manufacturing plant has been developed for market needs and new technology development. In addition, Global Electric Motorcycle & Scooters (EMS) Market attractiveness according to country, end-user, and other measures is also provided, permitting the reader to gauge the most useful or commercial areas for investments. The study also provides special chapter designed (qualitative) to highlights issues faced by industry players in their production cycle and supply chain.
The Global Electric Motorcycle & Scooters (EMS) Market segments and Market Data Break Down are illuminated below: [{Power Range, [{Below 10 kW}, {10-30 kW}, {Above 30 kW}]}, {Application, [{Utility}, {Sports}, {Recreation}, {Military}]}, {Price, [{Below USD 20,000}, {USD 20,000-30,000}, {Above USD 30,000}]}]
Market Drivers:
• Increasing fuel prices across the globe, Growing e-commerce and warehousing sectors, Rising investments in charging infrastructure, Advancements in batter technology
Restraints:
• High upfront and maintenance costs, Lack of awareness leading to hesitation toward adoption despite the benefits
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Geographically World Global Electric Motorcycle & Scooters (EMS) markets can be classified as North America, Europe, Asia Pacific (APAC), Middle East and Africa and Latin America. North America has gained a leading position in the global market and is expected to remain in place for years to come. The growing demand for Global Electric Motorcycle & Scooters (EMS) markets will drive growth in the North American market over the next few years.
In the last section of the report, the companies responsible for increasing the sales in the Global Electric Motorcycle & Scooters (EMS) Market have been presented. These companies have been analyzed in terms of their manufacturing base, basic information, and competitors. In addition, the application and product type introduced by each of these companies also form a key part of this section of the report. The recent enhancements that took place in the global market and their influence on the future growth of the market have also been presented through this study.
Report Highlights:
• Comprehensive overview of parent market & substitute market
• In-depth market segmentation (Trends, Growth with Historical & Forecast Analysis)
• Recent industry trends and development activity
• Competitive landscape (Heat Map Analysis for Emerging Players & Market Share Analysis for Major Players along with detailed Profiles)
Strategic Points Covered in Table of Content of Global Electric Motorcycle & Scooters (EMS) Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Electric Motorcycle & Scooters (EMS) market
Chapter 2: Changing Impact on Market Dynamics- Drivers, Trends and Challenges & Opportunities of the Electric Motorcycle & Scooters (EMS);
Chapter 3: Exclusive Summary - the basic information of the Electric Motorcycle & Scooters (EMS) Market.
Chapter 4: Evaluating the leading manufacturers of the Electric Motorcycle & Scooters (EMS) market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 5: Presenting the Electric Motorcycle & Scooters (EMS) Market Factor Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 6: To evaluate the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these various regions (2024-2032)
Chapter 7: Displaying the by Type, End User and Region/Country 2019-2024
…………….
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Key questions answered
• Who are the Leading key players and what are their Key Business plans in the Global Electric Motorcycle & Scooters (EMS) market?
• What are the key concerns of the five forces analysis of the Global Electric Motorcycle & Scooters (EMS) market?
• What are different prospects and threats faced by the dealers in the Global Electric Motorcycle & Scooters (EMS) market?
• What possible measures players are taking to overcome and stabilize the situation?
Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Middle East, Africa, Europe or LATAM, Asia.
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