Market Size in 2024 | Market Forecast in 2034 | CAGR (in %) | Base Year |
---|---|---|---|
USD 4.36 Billion | USD 23.80 Billion | 18.50% | 2024 |
FrequentlyAsked Questions
An electric motorcycle or scooter is a two or three-wheel vehicle powered by electric batteries.
The global electric motorcycle and scooter market is projected to be driven by the rising awareness about the worsening environmental conditions across the globe.
According to study, 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.
The CAGR value of the electric motorcycle and scooter market is expected to be around 18.50% during 2025-2034.
The global electric motorcycle and scooter market will be led by Asia-Pacific during the forecast period.
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 and Lightning Motorcycles.
The report explores crucial aspects of the electric motorcycle and scooter market including detailed discussion of existing growth factors and restraints while also browsing future growth opportunities and challenges that impact the market.
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