Scope of the Study
The electric motorcycles and scooters are powered by rechargeable batteries instead of fuel. Most of the electric motorcycles and scooters use lithium-ion batteries. The lithium-ion batteries used in electric vehicles have a higher energy density, longer life span and higher power density than most other batteries. In electric motorcycles, approximately 90% of the energy from the battery is converted to mechanical energy. These vehicles are charge from conventional power outlets or dedicated charging stations and it typically takes hours to charge. In the larger cities in the United Kingdom and Europe, owners of the vehicle can plug in their vehicles at work and leave them for a charge.
The market study is being classified by Type (Scooter and Motorcycle) and major geographies with country level break-up.
Alta Motors (United States), Energica Motor Company S.p.A. (Italy), Hero Electric Vehicles Pvt. Ltd. (India), Honda Motor Company (Japan), Yadea Technology Group Co. Ltd. (China), BMW AG (Germany), Zero Motorcycles Inc. (United States), GOVECS Group (Germany), Mahindra GenZe (India) and Vmoto Limited (Australia) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Emflux Motors (India), AIMA Technology Co. Ltd. (China) and Ampere Vehicles Pvt. Ltd. (India).
Research Analyst at AMA predicts that Global Vendors will contribute to the maximum growth of Global Electric Motorcycles & Scooters market throughout the predicted period.
AdvanceMarketAnalytics has segmented the market of Global Electric Motorcycles & Scooters market by Type, Application and Region.
On the basis of geography, the market of Electric Motorcycles & Scooters has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Power Source, the sub-segment i.e. Charging will boost the Electric Motorcycles & Scooters market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Battery, the sub-segment i.e. Lithium Ion will boost the Electric Motorcycles & Scooters market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Voltage, the sub-segment i.e. 36 V will boost the Electric Motorcycles & Scooters market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Increasing Awareness about Environmental Concerns among People
- Government Incentives for Adoption of Electric Vehicles
- Increased Disposable Income of the People in Developing Countries
- Rising Demand for Ecofriendly Vehicles
- Low Performance Compared To Petrol or Gas Powered Vehicles
- Charging a Battery Takes Longer Time
- Growing Demand for Electric Motorcycles and Scooters from Developing Countries like India
- Increasing Adoption of Electric Vehicles
- Lack of Infrastructure for Battery Charging
- Need To Increase Battery Life and Performance
Recently, Yadea Group Holdings, the largest electric two-wheeled vehicle producer in China, announced the global launch of new electric two-wheeled vehicle Yadea Z3S with smarter high-end technologies. The model is expected to serve as a trendsetter in the Chinese electric bike market in terms of high-end intelligent features and components.
Key Target AudienceElectric Motorcycles and Scooters Manufacturers, Raw Material Suppliers/ Buyers, Distributors, Government Body & Associations and End-user
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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