Electric Motorcycle And Scooter Market Size, Share, Trends, Growth 2034

Electric Motorcycle And Scooter Industry Perspective:

The global electric motorcycle and scooter market size was worth around USD 4.36 billion in 2024 and is predicted to grow to around USD 23.80 billion by 2034, with a compound annual growth rate (CAGR) of roughly 18.50% between 2025 and 2034.

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Key Insights:

• As per the analysis shared by our research analyst, the global electric motorcycle and scooter market is estimated to grow annually at a CAGR of around 18.50% over the forecast period (2025-2034)
• In terms of revenue, the global electric motorcycle and scooter market size was valued at around USD 4.36 billion in 2024 and is projected to reach USD 23.80 billion by 2034.
• The electric motorcycle and scooter market is projected to grow at a significant rate due to the growing awareness about environmental pollution.
• Based on the product, the scooter segment is growing at a high rate and will continue to dominate the global market as per industry projections.
• Based on the battery, the lithium-ion segment is anticipated to command the largest market share.
• Based on region, Asia-Pacific is projected to dominate the global market during the forecast period.

Electric Motorcycle And Scooter Market: Overview

An electric motorcycle or scooter is a two or three-wheel vehicle powered by electric batteries. Unlike conventional fuel-run vehicles, electric motorcycles and scooters offer sustainability and environmental friendliness. The batteries powering electric two or three-wheel vehicles are rechargeable. Furthermore, they are also quieter than traditional motorbikes or scooters. However, the industry is currently plagued by a wide range of limitations, such as a lack of sufficient charging infrastructure and limited availability of repair centers. Furthermore, low driving range as compared to traditional vehicles may affect market adoption during the forecast period.

According to industry analysis, market players can benefit from the extensive range of emerging smart technologies, such as motorcycle-related applications and the increasing rate of innovation undertaken by market players. Additionally, the rising use of electric scooters and motorbikes in logistics, transportation, and e-commerce sectors will create expansion opportunities for the industry leaders.

Electric Motorcycle And Scooter Market: Growth Drivers

How will growing awareness of environmental pollution promote the electric motorcycle and scooter market growth rate?

The global electric motorcycle and scooter market is projected to be driven by rising awareness of the worsening environmental conditions across the globe. Fuel-powered vehicles emit high volumes of harmful emissions and have become a leading cause of global warming. Modern vehicle buyers are becoming increasingly environmentally conscious, thus seeking solutions that can control the amount of toxic gases released into the environment.

Furthermore, depleting fuel resources and increasing fuel prices have encouraged the greater adoption of electric vehicles, including scooters and motorcycles.

Greater maneuverability offered by motorcycles or scooters and increased access to financing options will promote industry revenue

Motorcycles and scooters offer excellent maneuverability compared to 4 wheel vehicles. These automotive solutions can be easily navigated across dense traffic, which has become a major cause of concern in metropolitan cities. A major growth factor for providers of electric motorcycles and scooters will emerge in the form of rising traffic rates, limited availability of parking spaces, and a changing consumer lifestyle.

Furthermore, the industry growth rate will be influenced by the rising access to financing options. Major automotive sellers are offering lucrative financing schemes such as equated monthly installments (EMIs) and low-interest loans, promoting greater affordability among middle and low-income groups.

Rising applications in the e-commerce and logistics sector to facilitate improved market growth trends

The offerings in the global electric motorcycle and scooter market have gained higher adoption in the thriving e-commerce and logistics sectors. Companies operating in these industries are increasingly incorporating electric automobiles for business operations triggered by intensifying government mandates.

For instance, in March 2025, Uber Eats announced a novel partnership with Zenion, an electric motorcycle rental firm, in a bid to encourage around 3,000 delivery partners to switch to electric motorbikes by the end of 2025.

Electric Motorcycle And Scooter Market: Restraints

Does the high cost of electric vehicles and limited maintenance or repair centers inhibit electric motorcycle and scooter market expansion?

The global electric motorcycle and scooter industry is expected to be restricted by the high cost of these vehicles compared to conventionally used automobiles. The higher cost is a result of applying advanced electric batteries to power the vehicles. Additionally, currently, only a limited number of players are operating in the market. The majority share of the global automotive sector continues to be led by fuel-powered vehicles.

Furthermore, the industry's growth rate is impacted by the limited availability of repair and maintenance centers, which discourages potential buyers from investing in electric motorcycles or scooters.

Electric Motorcycle And Scooter Market: Opportunities

Consistent innovation in the industry opens expansion possibilities for market players

The global electric motorcycle and scooter market is expected to generate growth opportunities as market players consistently invest in product innovation. For instance, companies such as Yamaha and Maeving are offering modular designs in the form of hot-swappable features. It allows electric scooters or motorcycles to be driven in one or more power modules that can be adjusted in less than a minute.

Additionally, the growing addition of advanced features that allow greater and easier control over maximum speed, torque, and power will allow higher adoption of market offerings.

Will escalating advancements in battery technology generate new avenues for growth in the Electric Motorcycle and Scooter market?

Market players are consistently investing in improving battery technology to offer higher driving range and improved safety. In January 2025, Yadea, a leading provider of electric two-wheelers, launched a new vehicle equipped with a novel sodium battery technology.

On the other hand, in July 2025, Ather Energy, an Indian electric two-wheeler manufacturer, announced its plans to launch a Battery-as-a-Service (BaaS) model providing affordable electric scooters with a battery subscription, expanding its business operations.

Electric Motorcycle And Scooter Market: Challenges

Limited charging infrastructure and security concerns pose a challenge to market growth

The global electric motorcycle and scooter industry will be challenged by the limited charging infrastructure across the globe. Drivers face range anxiety due to a lack of sufficient charging facilities, especially when driving across longer distances. Additionally, growing concerns over the safety of electric vehicles, as well as their vulnerability to cyberattacks, may impede market expansion in the long run.

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Electric Motorcycle And Scooter Market: Report Scope

Electric Motorcycle And Scooter Market: Segmentation

The global electric motorcycle and scooter market is segmented based on product, battery, and region.

Based on the product, the global market segments are motorcycle and scooter. In 2024, the scooter segment experienced the highest growth, accounting for nearly 61% of the total revenue. Scooters are becoming increasingly popular among the rural and urban population, especially in the Asian market, for navigating traffic. Moreover, scooters are lightweight and more affordable than electric motorcycles. Easy access to repair and maintenance centers for scooters will fuel segmental expansion in the future.

Based on the battery, the global market is divided into lithium-ion (Li-ion), lead acid, nickel metal hydride, solid-state, and others. In 2024, the lithium-ion segment was the leading revenue generator, accounting for approximately 87.9% of the total results. Li-ion batteries are currently the commonly used energy storage solutions in electric vehicles. They offer excellent energy density. Furthermore, improvements in charging time and lifespan of Li-ion batteries will aid greater segmental growth in the coming years.

Electric Motorcycle And Scooter Market: Regional Analysis

What factors help Asia-Pacific maintain its dominance in the Electric Motorcycle And Scooter market during the projection duration?

The global electric motorcycle and scooter market will be led by Asia-Pacific during the forecast period. In 2024, it dominated nearly 90.05% of the global revenue. Countries such as South Korea, India, and China are the leading revenue generators in the region. The presence of densely populated cities in major Asian countries, combined with the growing demand for effective automotive solutions with higher maneuverability, has fueled the greater adoption of electric scooters.

In addition to this, government support has played an exceptional role in fueling the production of electric automobiles. Official support has emerged in the form of increased subsidies, higher access to land and other resources for manufacturing facilities, and performance-linked incentives (PLI) schemes. North America is projected to deliver improved revenue during the forecast period. Rising environmental awareness among the general population will fuel regional growth trends.

Moreover, increasing emphasis by the regional governments on reducing harmful emissions will encourage the adoption of electric motorcycles and scooters. The regional demand rate will be highly influenced by the greater use of electric two-wheelers among major e-commerce and logistics firms operating in the region. North America may register higher demand for electric motorbikes due to the presence of a large number of high-value individuals and the higher disposable income of the general population.

Electric Motorcycle And Scooter Market: Competitive Analysis

The global electric motorcycle and scooter market is led by players like:

• BMW Motorrad
• Revolt Motors
• Vespa (Piaggio Group)
• Energica Motor Company
• Super Soco
• Harley‑Davidson (LiveWire)
• Alta Motors
• NIU Technologies
• Sur‑Ron
• Tacita
• Zero Motorcycles
• Yadea
• Gogoro
• Cake
• Lightning Motorcycles

The global electric motorcycle and scooter market is segmented as follows:

By Product

• Motorcycle
• Scooter

By Battery

• Lithium-Ion (Li-ion)
• Lead Acid
• Nickel Metal Hydride
• Solid-State
• Others

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France 
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa