Electric Scooter Motor Market Size worth $1,201.2 million by 2030
The global electric scooter motor market size is projected to grow from USD 416.0 million in 2024 to USD 1,201.2 million by 2030, registering a CAGR of 19.3%. The electric scooter motor market for electric two-wheelers (e2w) is witnessing many dynamics on the back of several factors. Firstly, since the battery technology has upgraded itself, it allows the vehicles to provide longer range and better...
Electric Scooter Motor Market Size, Share, Demand, Growth & Forecast 2030
The global Electric Scooter Motor market is projected to grow from USD 416.0 million in 2024 to USD 1,201.2 million by 2030, registering a CAGR of 19.3%.
The surging popularity of electric two-wheelers, due to their affordability, convenience, and eco-friendliness, is directly fuelling the demand for electric scooter motors. Advancements in motor technology, resulting in improved efficiency, power...