Global Electric Motorcycle Market Research Report 2021
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.
Electric Motorcycles & Scooters can be classified as a combination of electric scooter, electric motorcycle, and so on. The power-assisted electric scooter with pedals is also called electric bicycle in China, and China is the largest producer of the Electric Motorcycles & Scooters products, about 90% of the global total production is from China in the past years. In the past several years, the global Electric Motorcycles & Scooters market is relatively stable with CAGR of 4.6% from 2013 to 2018. In 2017, the global actual consumption amount of Electric Motorcycles & Scooters was around 17368.3 K Units.
The global average price of Electric Motorcycles & Scooters is in fluctuation in 2013-2018, from about 260 $/Unit in 2013 to 277 $/Unit in 2017 The price will be in increase trend while demand is going to be saturated and the price of the raw material (e.g. Steel) will increase. The sales volume of Electric Motorcycles & Scooters will reach to around 23052.3 K Unit in 2024 from 18045.0 K Units in 2018 all around the world, with the CAGR of 4%.
China is the largest sales market of Electric Motorcycles & Scooters in the world in the past few years and it will keep the same position in the next years. China sales volume took up about 80% the global market in 2017, but it has changed a lot in 2018 due to the saturated demand (means that the demand is relatively rated, but the production increased too fast and began to be oversupply). China sales share dropped to 79% in 2018. At the same time, the export to Europe and USA increased dramatically. Apparently, many Chinese producers of Electric Motorcycles & Scooters are trying their best to look for new growing-market, while Chinese market is in fierce competition and some small players have quitted this business especially in recent years.
Currently, AIMA, Yadea, Sunra, BYVIN, TAILG, Lvyuan, Incalcu, Lvjia, Lima and Supaq are the top ten players in the global Electric Motorcycles & Scooters market. The Hero Electric (from India), Accell (From EU) Terra Motor (from Japan), ZEV (From USA), Giant EV (brand from Taiwan, but produced in China), and Yamaha (brand from Japan, but produced in China) are other key brands outside China.
Market Analysis and Insights: Global Electric Motorcycle Market
The global Electric Motorcycle market was valued at US$ 5867.9 million in 2019 and it is expected to reach US$ 8122 million by the end of 2026, growing at a CAGR of 4.7% during 2021-2026.
Global Electric Motorcycle 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 Motorcycle 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. by Application segment also provides consumption during the forecast period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Electric Motorcycle
Electric Scooter
Segment by Application
<14 yrs
14-35 yrs
36-60 yrs
>60 yrs
By Company
Yadea
AIMA
Lvyuan
Sunra
TAILG
Lima
BYVIN
Zongshen Electric Motorcycle
Wuyang Honda
HONG ER DA
Lvjia
Slane
Opai Electric
Supaq
Xiaodao Ebike
Sykee
Aucma EV
Terra Motor
Govecs
ZEV
Zero Motorcycles
Production by Region
North America
Europe
China
Japan
South Korea
India
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
Electric Motorcycles & Scooters can be classified as a combination of electric scooter, electric motorcycle, and so on. The power-assisted electric scooter with pedals is also called electric bicycle in China, and China is the largest producer of the Electric Motorcycles & Scooters products, about 90% of the global total production is from China in the past years. In the past several years, the global Electric Motorcycles & Scooters market is relatively stable with CAGR of 4.6% from 2013 to 2018. In 2017, the global actual consumption amount of Electric Motorcycles & Scooters was around 17368.3 K Units.
The global average price of Electric Motorcycles & Scooters is in fluctuation in 2013-2018, from about 260 $/Unit in 2013 to 277 $/Unit in 2017 The price will be in increase trend while demand is going to be saturated and the price of the raw material (e.g. Steel) will increase. The sales volume of Electric Motorcycles & Scooters will reach to around 23052.3 K Unit in 2024 from 18045.0 K Units in 2018 all around the world, with the CAGR of 4%.
China is the largest sales market of Electric Motorcycles & Scooters in the world in the past few years and it will keep the same position in the next years. China sales volume took up about 80% the global market in 2017, but it has changed a lot in 2018 due to the saturated demand (means that the demand is relatively rated, but the production increased too fast and began to be oversupply). China sales share dropped to 79% in 2018. At the same time, the export to Europe and USA increased dramatically. Apparently, many Chinese producers of Electric Motorcycles & Scooters are trying their best to look for new growing-market, while Chinese market is in fierce competition and some small players have quitted this business especially in recent years.
Currently, AIMA, Yadea, Sunra, BYVIN, TAILG, Lvyuan, Incalcu, Lvjia, Lima and Supaq are the top ten players in the global Electric Motorcycles & Scooters market. The Hero Electric (from India), Accell (From EU) Terra Motor (from Japan), ZEV (From USA), Giant EV (brand from Taiwan, but produced in China), and Yamaha (brand from Japan, but produced in China) are other key brands outside China.
Market Analysis and Insights: Global Electric Motorcycle Market
The global Electric Motorcycle market was valued at US$ 5867.9 million in 2019 and it is expected to reach US$ 8122 million by the end of 2026, growing at a CAGR of 4.7% during 2021-2026.
Global Electric Motorcycle 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 Motorcycle 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. by Application segment also provides consumption during the forecast period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Electric Motorcycle
Electric Scooter
Segment by Application
<14 yrs
14-35 yrs
36-60 yrs
>60 yrs
By Company
Yadea
AIMA
Lvyuan
Sunra
TAILG
Lima
BYVIN
Zongshen Electric Motorcycle
Wuyang Honda
HONG ER DA
Lvjia
Slane
Opai Electric
Supaq
Xiaodao Ebike
Sykee
Aucma EV
Terra Motor
Govecs
ZEV
Zero Motorcycles
Production by Region
North America
Europe
China
Japan
South Korea
India
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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