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 to Reach $12.4 Billion by 2030
The Electric Scooter and Motorcycle Market Size is poised for substantial growth, projected to reach a remarkable value of $12.4 billion by 2030. This surge can be attributed to the increasing demand for eco-friendly transportation solutions and the rising awareness of the environmental impact of conventional vehicles. With urbanization on the rise and traffic congestion becoming a critical issue...
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...