Electric Scooter and Motorcycle Market Size, Share & Trends [2030]
The Electric Scooter and Motorcycle Market Size is experiencing significant growth, driven by increasing urbanization, rising fuel costs, and growing environmental concerns. As consumers look for efficient and eco-friendly transportation alternatives, electric scooters and motorcycles have emerged as popular choices, especially in congested urban areas. Advances in battery technology, such as higher...
Electric Scooter and Motorcycle Market Size, Share, Trends & Analysis by 2028
The global electric scooter and motorcycle market worldwide size was valued at USD 4.9 billion in 2023 and is expected to reach USD 14.7 billion by 2028, at a CAGR of 24.8% from 2023 to 2028. With rising emission levels, increasing prices, and the limited availability of petroleum, the demand for zero-emission alternative fuel vehicles has increased. This has, in turn, increased the demand for...
Electric Scooter and Motorcycle Market Surge to Reach $14.7 billion by 2028
The global electric scooter and motorcycle market, by value, is estimated to be USD 4.9 billion in 2023 and is projected to reach USD 14.7 billion by 2028, at a CAGR of 24.8% from 2023 to 2028.
With rising emission levels, increasing prices, and the limited availability of petroleum, the demand for zero-emission alternative fuel vehicles has increased. This has, in turn, increased the demand for...
Electric Scooter and Motorcycle Market Set to Reach $14.7 Billion by 2028
The global electric scooter and motorcycle market, by value, is estimated to be 4.9 USD Billion in 2023 and is projected to reach 14.7 USD Billion by 2028, at a CAGR of 24.8% from 2023 to 2028. electric Governments’ backing of electric two-wheelers through subsidies and tax breaks, as well as factors like rising demand for energy-efficient commuting, have forced two-wheeler OEMs to look beyond...
Electric Scooter and Motorcycle Market to Progress at a Healthy CAGR in Coming Years
The global Electric Scooter and Motorcycle Market is expected to account for 6,193 thousand units by 2027, growing at a CAGR of 33.1% during the forecast period. The base year for the report is 2021, and the forecast period is from 2022 to 2027. Factors such as growing demand for energy-efficient commuting and governments supporting electric two-wheelers through subsidies & tax rebates have...
Electric Scooter and Motorcycle Market Analysis, Trends, Growth and Forecast 2020 to 2027
The global Electric Scooter and Motorcycle Market size is projected to reach 5,948 thousand units by 2027, from an estimated 861 thousand units in 2020, at a CAGR of 31.8%. The base year for the report is 2019, and the forecast period is from 2020 to 2027. Factors such as growing demand for energy-efficient commuting and governments supporting electric two-wheelers through subsidies &...
Electric Scooter and Motorcycle Market to Register Substantial Expansion by 2027
The global Electric Scooter and Motorcycle Market size is projected to reach 5,948 thousand units by 2027, from an estimated 861 thousand units in 2020, at a CAGR of 31.8%. The base year for the report is 2019, and the forecast period is from 2020 to 2027. Factors such as growing demand for energy-efficient commuting and governments supporting electric two-wheelers through subsidies &...