Global Electric Scooter and Motorcycle Market Size is valued at USD 4.9 Billion in 2024 and is predicted to reach USD 33.5 Billion by the year 2034 at a 21.2% CAGR during the forecast period for 2025-2034.
The market for electric motorcycles and scooters was adversely affected by the COVID-19 outbreak. The global shutdown restrictions halted the manufacturing and sales of new vehicles, including electric motorcycles and scooters. Moreover, due to supply chain interruptions, production delays were brought on by the need for more raw materials to make various scooter and motorbike parts. Yet, the market anticipates a recovery in the economy following the COVID-19 pandemic due to the global trend toward cleaner mobility.
Furthermore, the market was heavily hit by the decline in car output and labor shortage. The market is anticipated to reverse during the forecast period as car manufacturers have resumed operations due to progressively increasing automobile sales in nations with low COVID-19 instances. Furthermore, the manufacturers are putting backup plans in place to reduce potential business risks and maintain customer relationships in crucial areas of the vehicle industry.
The long-term need for sustainable transportation is the main driver of market expansion. Rising government initiatives and environmental concerns are a few of the key drivers propelling the market's growth. The market's expansion is also anticipated to be fueled by rising energy prices and competition among newly developed energy-efficient technologies.
The Electric Scooter and Motorcycle market is segmented by vehicle type, battery type, distance covered, technology, voltage, vehicle class, and usage. The market is segmented as E-scooter and E-Motorcycle based on vehicle type. By the battery type, the market is segmented into sealed lead acid and lithium-ion. By distance covered, the market is segmented as below 75 miles, 75-1000 miles, and above 100 miles. By technology, the market is segmented into plug-ins and batteries. The market is divided into 36V, 48V, 60V, 72V, and above 72V by voltage. The market is segmented as economy and luxury based on vehicle class. Based on usage, the market is divided into commercial and private.
Due to reduced upfront costs and the availability of more models on the market, which give purchasers a variety of alternatives, e-scooters sell more frequently than e-motorcycles. The popularity of the e-scooter is being fueled by its attraction as a toy and a potential mode of transportation for commuting. As a result, numerous firms are starting to inundate large cities with thousands of scooters that can be rented by the minute.
The industry was dominated by the personal use segment, which brought in a major part of the total revenue. Due to their environmental friendliness, low cost, light weight, low maintenance requirements, and ease of maneuverability, e-scooters are revolutionizing the personal vehicle market. They are generally favored above their electric competitors. E-scooters are also well-liked by millennials as well as low- and middle-income groups. To create a proactive driving experience, many manufacturers are incorporating linked car technology in these scooters.
The majority of worldwide industry revenue came from Asia Pacific, which also led the sector globally. China, Taiwan, and Japan have produced the majority of e-scooter manufacturers globally, accounting for the most considerable proportion. China has become a significant producer and exporter of e-scooters in addition to being one of the largest consumers. Jiangsu Xinri Electric Vehicle Co., Ltd., Yadea, AIMA Group, Zhejiang Luyuan, and Niu International are among the suppliers participating in the Chinese market.
Rapid urbanization, the rising affordability of e-scooters, and rising consumer awareness of clean energy mobility to reduce vehicle emissions are further factors driving the regional industry. Also, research and development activities will continue to improve this market over the following ten years significantly.
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Report Attribute |
Specifications |
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Market size value in 2024 |
USD 4.9 Billion |
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Revenue forecast in 2034 |
USD 33.5 Billion |
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Growth rate CAGR |
CAGR of 21.2% from 2025 to 2034 |
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Quantitative units |
Representation of revenue in US$ Mn, and CAGR from 2025 to 2034 |
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Historic Year |
2021 to 2024 |
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Forecast Year |
2025-2034 |
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Report coverage |
The forecast of revenue, the position of the company, the competitive market statistics, growth prospects, and trends |
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Segments covered |
Vehicle Type, Battery Type, Distance Covered, Technology, Voltage, Vehicle Class, And Usage |
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Regional scope |
North America; Europe; Asia Pacific; Latin America; Middle East & Africa |
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Country scope |
U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico; The UK; France; Italy; Spain; China; Japan; India; South Korea; Southeast Asia; South Korea; Southeast Asia |
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Competitive Landscape |
Yadea Technology Group Ltd., Jiangsu Xinri E Vehicle Co. Ltd., NIU International, Hero Electric, and Okinawa Autotech Private Ltd. |
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Customization scope |
Free customization report with the procurement of the report, Modifications to the regional and segment scope. Particular Geographic competitive landscape. |
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Pricing and available payment methods |
Explore pricing alternatives that are customized to your particular study requirements. |
Chapter 1. Methodology and Scope
1.1. Research Methodology
1.2. Research Scope & Assumptions
Chapter 2. Executive Summary
Chapter 3. Global Electric Scooter and Motorcycle Market Snapshot
Chapter 4. Global Electric Scooter and Motorcycle Market Variables, Trends & Scope
4.1. Market Segmentation & Scope
4.2. Drivers
4.3. Challenges
4.4. Trends
4.5. Investment and Funding Analysis
4.6. Vehicle Class Analysis – Porter’s Five Forces Analysis
4.7. Competitive Landscape & Market Share Analysis
4.8. Impact of Covid-19 Analysis
Chapter 5. Market Segmentation 1: by Vehicle Type Estimates & Trend Analysis
5.1. by Vehicle Type & Market Share, 2024 & 2034
5.2. Market Size (Value (US$ Mn)) & Forecasts and Trend Analyses, 2021 to 2034 for the following by Vehicle Type:
5.2.1. E-Scooter/Moped
5.2.2. E-Motorcycle
Chapter 6. Market Segmentation 2: by Distance Covered Estimates & Trend Analysis
6.1. by Distance Covered & Market Share, 2024 & 2034
6.2. Market Size (Value (US$ Mn)) & Forecasts and Trend Analyses, 2021 to 2034 for the following by Distance Covered:
6.2.1. Below 75 miles
6.2.2. 75-100 Miles
6.2.3. Above 100 Miles
Chapter 7. Market Segmentation 3: by Battery Type Estimates & Trend Analysis
7.1. by Battery Type & Market Share, 2024 & 2034
7.2. Market Size (Value (US$ Mn)) & Forecasts and Trend Analyses, 2021 to 2034 for the following by Battery Type:
7.2.1. Sealed lead acid
7.2.2. Lithium-ion
Chapter 8. Market Segmentation 4: by Technology Estimates & Trend Analysis
8.1. by Technology & Market Share, 2024 & 2034
8.2. Market Size (Value (US$ Mn)) & Forecasts and Trend Analyses, 2021 to 2034 for the following by Technology:
8.2.1. Plug-in
8.2.2. Battery
Chapter 9. Market Segmentation 5: by Voltage Estimates & Trend Analysis
9.1. by Voltage & Market Share, 2024 & 2034
9.2. Market Size (Value (US$ Mn)) & Forecasts and Trend Analyses, 2021 to 2034 for the following by Voltage:
9.2.1. 36V
9.2.2. 48V
9.2.3. 60V
9.2.4. 72V
9.2.5. Above 72V
Chapter 10. Market Segmentation 6: by Vehicle Class Estimates & Trend Analysis
10.1. by Vehicle Class& Market Share, 2024 & 2034
10.2. Market Size (Value (US$ Mn)) & Forecasts and Trend Analyses, 2021 to 2034 for the following by Vehicle Class:
10.2.1. Economy
10.2.2. Luxury
Chapter 11. Market Segmentation 7: by Usage Estimates & Trend Analysis
11.1. by Usage & Market Share, 2024 & 2034
11.2. Market Size (Value (US$ Mn)) & Forecasts and Trend Analyses, 2021 to 2034 for the following by Usage:
11.2.1. Commercial
11.2.2. Private
Chapter 12. Electric Scooter and Motorcycle Market Segmentation 8: Regional Estimates & Trend Analysis
12.1. North America
12.1.1. North America Electric Scooter and Motorcycle Market Revenue (US$ Million) Estimates and Forecasts by Vehicle Type, 2021-2034
12.1.2. North America Electric Scooter and Motorcycle Market Revenue (US$ Million) Estimates and Forecasts by Distance Covered, 2021-2034
12.1.3. North America Electric Scooter and Motorcycle Market Revenue (US$ Million) Estimates and Forecasts by Battery Type, 2021-2034
12.1.4. North America Electric Scooter and Motorcycle Market Revenue (US$ Million) Estimates and Forecasts by Technology, 2021-2034
12.1.5. North America Electric Scooter and Motorcycle Market Revenue (US$ Million) Estimates and Forecasts by Voltage, 2021-2034
12.1.6. North America Electric Scooter and Motorcycle Market Revenue (US$ Million) Estimates and Forecasts by Vehicle Class, 2021-2034
12.1.7. North America Electric Scooter and Motorcycle Market Revenue (US$ Million) Estimates and Forecasts by Usage, 2021-2034
12.1.8. North America Electric Scooter and Motorcycle Market Revenue (US$ Million) Estimates and Forecasts by country, 2021-2034
12.2. Europe
12.2.1. Europe Electric Scooter and Motorcycle Market Revenue (US$ Million) Estimates and Forecasts by Vehicle Type, 2021-2034
12.2.2. Europe Electric Scooter and Motorcycle Market Revenue (US$ Million) Estimates and Forecasts by Distance Covered, 2021-2034
12.2.3. Europe Electric Scooter and Motorcycle Market Revenue (US$ Million) Estimates and Forecasts by Battery Type, 2021-2034
12.2.4. Europe Electric Scooter and Motorcycle Market Revenue (US$ Million) Estimates and Forecasts by Technology, 2021-2034
12.2.5. Europe Electric Scooter and Motorcycle Market Revenue (US$ Million) Estimates and Forecasts by Voltage, 2021-2034
12.2.6. Europe Electric Scooter and Motorcycle Market Revenue (US$ Million) Estimates and Forecasts by Vehicle Class, 2021-2034
12.2.7. Europe Electric Scooter and Motorcycle Market Revenue (US$ Million) Estimates and Forecasts by Usage, 2021-2034
12.2.8. Europe Electric Scooter and Motorcycle Market Revenue (US$ Million) Estimates and Forecasts by country, 2021-2034
12.3. Asia Pacific
12.3.1. Asia Pacific Electric Scooter and Motorcycle Market Revenue (US$ Million) Estimates and Forecasts by Vehicle Type, 2021-2034
12.3.2. Asia Pacific Electric Scooter and Motorcycle Market Revenue (US$ Million) Estimates and Forecasts by Distance Covered, 2021-2034
12.3.3. Asia-Pacific Electric Scooter and Motorcycle Market Revenue (US$ Million) Estimates and Forecasts by Battery Type, 2021-2034
12.3.4. Asia Pacific Electric Scooter and Motorcycle Market Revenue (US$ Million) Estimates and Forecasts by Technology, 2021-2034
12.3.5. Asia Pacific Electric Scooter and Motorcycle Market Revenue (US$ Million) Estimates and Forecasts by Voltage, 2021-2034
12.3.6. Asia Pacific Electric Scooter and Motorcycle Market Revenue (US$ Million) Estimates and Forecasts by Vehicle Class, 2021-2034
12.3.7. Asia Pacific Electric Scooter and Motorcycle Market Revenue (US$ Million) Estimates and Forecasts by Usage, 2021-2034
12.3.8. Asia Pacific Electric Scooter and Motorcycle Market Revenue (US$ Million) Estimates and Forecasts by country, 2021-2034
12.4. Latin America
12.4.1. Latin America Electric Scooter and Motorcycle Market Revenue (US$ Million) Estimates and Forecasts by Vehicle Type, 2021-2034
12.4.2. Latin America Electric Scooter and Motorcycle Market Revenue (US$ Million) Estimates and Forecasts by Distance Covered, 2021-2034
12.4.3. Latin America Electric Scooter and Motorcycle Market Revenue (US$ Million) Estimates and Forecasts by Battery Type, 2021-2034
12.4.4. Latin America Electric Scooter and Motorcycle Market Revenue (US$ Million) Estimates and Forecasts by Technology, 2021-2034
12.4.5. Latin America Electric Scooter and Motorcycle Market Revenue (US$ Million) Estimates and Forecasts by Voltage, 2021-2034
12.4.6. Latin America Electric Scooter and Motorcycle Market Revenue (US$ Million) Estimates and Forecasts by Vehicle Class, 2021-2034
12.4.7. Latin America Electric Scooter and Motorcycle Market Revenue (US$ Million) Estimates and Forecasts by Usage, 2021-2034
12.4.8. Latin America Electric Scooter and Motorcycle Market Revenue (US$ Million) Estimates and Forecasts by country, 2021-2034
12.5. Middle East & Africa
12.5.1. Middle East & Africa Electric Scooter and Motorcycle Market Revenue (US$ Million) Estimates and Forecasts by Vehicle Type, 2021-2034
12.5.2. Middle East & Africa Electric Scooter and Motorcycle Market Revenue (US$ Million) Estimates and Forecasts by Distance Covered, 2021-2034
12.5.3. Middle East & Africa Electric Scooter and Motorcycle Market Revenue (US$ Million) Estimates and Forecasts by Battery Type, 2021-2034
12.5.4. Middle East & Africa Electric Scooter and Motorcycle Market Revenue (US$ Million) Estimates and Forecasts by Technology, 2021-2034
12.5.5. Middle East & Africa Electric Scooter and Motorcycle Market Revenue (US$ Million) Estimates and Forecasts by Voltage, 2021-2034
12.5.6. Middle East & Africa Electric Scooter and Motorcycle Market Revenue (US$ Million) Estimates and Forecasts by Vehicle Class, 2021-2034
12.5.7. Middle East & Africa Electric Scooter and Motorcycle Market Revenue (US$ Million) Estimates and Forecasts by Usage, 2021-2034
12.5.8. Middle East & Africa Electric Scooter and Motorcycle Market Revenue (US$ Million) Estimates and Forecasts by country, 2021-2034
Chapter 13. Competitive Landscape
13.1. Major Mergers and Acquisitions/Strategic Alliances
13.2. Company Profiles
13.2.1. AIMA Technology Group Co. Ltd
13.2.2. Alta Motors
13.2.3. Ampere Vehicles Pvt Ltd (Greaves Cotton)
13.2.4. Bell Custom Cycles
13.2.5. Blacksmith Electric
13.2.6. Electric Motion
13.2.7. Energica Motor Company S.p.A
13.2.8. Essence Motorcycles
13.2.9. Govecs Group
13.2.10. Harley Davidson
13.2.11. Hero Eco Vehicles Pvt Ltd
13.2.12. Honda Motors
13.2.13. Husqvarna Motorcycles GmbH
13.2.14. Jiangsu Xinri E Vehicle Co. Ltd.,
13.2.15. Johammer e-mobility GmbH
13.2.16. KTM AG
13.2.17. Lightning Motorcycles
13.2.18. NIU International,
13.2.19. Okinawa Autotech Private Ltd.
13.2.20. Yadea Technology Group Ltd.,
13.2.21. Other Prominent Players
Electric Scooter and Motorcycle Market By Vehicle Type-
Electric Scooter and Motorcycle Market By Battery Type-
Electric Scooter and Motorcycle Market By Distance Covered-
Electric Scooter and Motorcycle Market By Technology-
Electric Scooter and Motorcycle Market By Voltage-
Electric Scooter and Motorcycle Market By Vehicle Class-
Electric Scooter and Motorcycle Market By Usage-
Electric Scooter and Motorcycle Market By Region-
North America-
Europe-
Asia-Pacific-
Latin America-
Middle East & Africa-
InsightAce Analytic follows a standard and comprehensive market research methodology focused on offering the most accurate and precise market insights. The methods followed for all our market research studies include three significant steps – primary research, secondary research, and data modeling and analysis - to derive the current market size and forecast it over the forecast period. In this study, these three steps were used iteratively to generate valid data points (minimum deviation), which were cross-validated through multiple approaches mentioned below in the data modeling section.
Through secondary research methods, information on the market under study, its peer, and the parent market was collected. This information was then entered into data models. The resulted data points and insights were then validated by primary participants.
Based on additional insights from these primary participants, more directional efforts were put into doing secondary research and optimize data models. This process was repeated till all data models used in the study produced similar results (with minimum deviation). This way, this iterative process was able to generate the most accurate market numbers and qualitative insights.
Secondary research
The secondary research sources that are typically mentioned to include, but are not limited to:
The paid sources for secondary research like Factiva, OneSource, Hoovers, and Statista
Primary Research:
Primary research involves telephonic interviews, e-mail interactions, as well as face-to-face interviews for each market, category, segment, and subsegment across geographies
The contributors who typically take part in such a course include, but are not limited to:
Data Modeling and Analysis:
In the iterative process (mentioned above), data models received inputs from primary as well as secondary sources. But analysts working on these models were the key. They used their extensive knowledge and experience about industry and topic to make changes and fine-tuning these models as per the product/service under study.
The standard data models used while studying this market were the top-down and bottom-up approaches and the company shares analysis model. However, other methods were also used along with these – which were specific to the industry and product/service under study.
To know more about the research methodology used for this study, kindly contact us/click here.
