The global Electric Motorcycles & Scooters market was valued at US$ 5297.7 million in 2019 and it is expected to reach US$ 7283.5 million by the end of 2026, growing at a CAGR of 4.6% during 2021-2026.
Electric two-wheelers,as indicates itself,is electricity-powered two-wheelers.A battery pack and a motor are installed to store and transform the electricity.A user control is usually attached to the handle bar to brake and adjust the speed.Under this abstract definition,a variety of types and styles are available to consumers in the market and still developing.This paper follows the mainstream definition and mainly focuses on the Chinese market.Electric Motorcycles & Scooters can be classified as a combination of electric bicycle,electric scooter,electric motorcycle,and so on.The power-assisted electric scooter with pedals is also called electric bicycle in China.Hence,the in this report,the statistics mainly focus on the following several kinds including E-motorcycles,E-bicycles and E-scooters etc.
China is the largest sales market of Electric Motorcycles & Scooters in the world in the past few years and it will keep the same position in the next years. China sales volume took up about 93.42% the global market in 2017, but it has changed in 2018 due to the saturated demand (means that the demand is relatively rated, but the production increased too fast and began to be oversupply). China sales share dropped to 92.86% in 2019. At the same time, the export to Europe and USA increased dramatically. Apparently, many Chinese producers of Electric Motorcycles & Scooters are trying their best to look for new growing-market, while Chinese market is in fierce competition and some small players have quitted this business especially in recent years.
Global Electric Motorcycles & Scooters Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Electric Motorcycles & Scooters Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027.
Key Companies profiled in this report are Yadea, Aima, Lvyuan, Sunra, Tailg, Lima, Byvin, Wuyang Honda, Hong Er Da, Lvjia, Slane, Opai Electric, Supaq, Xiaodao Ebike, Sykee, Aucma Ev, Terra Motor, Govecs, Zev, Zero Motorcycles, Palla, Zongshen Electric Motorcycle and more in terms of market share by sales, revenue, average pricing, product type, margins, recent developments etc.
Segment by Type
- Electric Motorcycle
- Electric Scooter
Electric Scooter type occupies the largest market share and segments reach 98.36
Segment by Application
- Retail Store
Retail stores were the most used area, accounting for 92 percent of all applications
Table of Content:
1 Electric Motorcycles & Scooters Market Overview
2 Electric Motorcycles & Scooters Market Competition by Manufacturers
3 Electric Motorcycles & Scooters Retrospective Market Scenario by Region
4 Global Electric Motorcycles & Scooters Historic Market Analysis by Type
5 Global Electric Motorcycles & Scooters Historic Market Analysis by Application
6 Key Companies Profiled
7 Electric Motorcycles & Scooters Manufacturing Cost Analysis
8 Marketing Channel, Distributors and Customers
9 Electric Motorcycles & Scooters Market Dynamics
10 Global Electric Motorcycles & Scooters Market Forecast
11 Research Finding and Conclusion
12 Methodology and Data Source
13 Forecast by Type and by Application (2022-2027)
14 Research Finding and Conclusion
15 Methodology and Data Source
Company Name: The Market Reports
Contact Person: Shirish Gupta