
Global Electric Mobility Market Size Study by Product (Electric Bikes, Electric Scooters, Electric Motorized Scooters, Electric Motorcycles), Drive, Battery, End-use, and Regional Forecasts 2022-2032
Description
The Global Electric Mobility Market is valued at approximately USD 125.18 billion in 2023 and is projected to grow at an impressive compound annual growth rate (CAGR) of 14.60% during the forecast period from 2024 to 2032. Electric mobility has revolutionized the transportation landscape, offering environmentally friendly and energy-efficient solutions for personal and commercial use. The increasing demand for sustainable alternatives to conventional vehicles, coupled with advancements in battery technology, has spurred the growth of electric mobility solutions.
The advent of high-performance lithium-ion batteries and innovations in charging infrastructure have played a pivotal role in enhancing the feasibility and reliability of electric mobility products. Governments worldwide are introducing incentives and subsidies to encourage the adoption of electric vehicles (EVs), while private players are investing significantly in research and development to improve efficiency and affordability. Furthermore, urbanization and the emphasis on reducing carbon emissions are driving the demand for electric bikes, scooters, and motorcycles across global markets.
Despite these advancements, challenges such as limited charging infrastructure in certain regions and the high initial cost of EVs pose barriers to widespread adoption. However, the increasing integration of renewable energy sources into EV charging networks and technological breakthroughs in battery management systems are unlocking new growth avenues. The electric mobility market is poised to benefit from collaborative efforts between automakers, technology providers, and policymakers to create a robust and sustainable ecosystem.
North America leads the market due to strong regulatory support and the presence of major EV manufacturers, while Asia Pacific is anticipated to exhibit the fastest growth during the forecast period. Countries such as China and India are witnessing a surge in EV adoption due to favorable government policies, growing consumer awareness, and the expansion of the charging infrastructure network.
Major market players included in this report are:
• Tesla Inc.
• BYD Company Ltd.
• NIO Inc.
• Volkswagen AG
• BMW Group
• Hero Electric Vehicles Pvt. Ltd.
• Yamaha Motor Co., Ltd.
• Ather Energy Pvt. Ltd.
• Bajaj Auto Ltd.
• Nissan Motor Corporation
• Rivian Automotive, LLC
• Lucid Motors Inc.
• General Motors Company
• Harley-Davidson, Inc.
• Gogoro Inc.
The detailed segments and sub-segments of the market are explained below:
By Product:
• Electric Bikes
• Electric Scooters
• Electric Motorized Scooters
• Electric Motorcycles
By Drive:
• Hub Motor
• Mid Drive
By Battery:
• Lithium-Ion
• Lead Acid
• Others
By End-use:
• Personal
• Commercial
By Region:
North America:
• U.S.
• Canada
Europe:
• UK
• Germany
• France
• Spain
• Italy
• Rest of Europe
Asia Pacific:
• China
• India
• Japan
• Australia
• South Korea
• Rest of Asia Pacific
Latin America:
• Brazil
• Mexico
Middle East & Africa:
• Saudi Arabia
• South Africa
• Rest of Middle East & Africa
Years considered for the study are as follows:
• Historical Year: 2022
• Base Year: 2023
• Forecast Period: 2024 to 2032
Key Takeaways:
• Market Estimates & Forecast for 10 years from 2022 to 2032.
• Annualized revenues and regional-level analysis for each market segment.
• Detailed analysis of the geographical landscape with country-level insights into major regions.
• Competitive landscape overview and information on prominent players in the market.
• Analysis of key business strategies and actionable recommendations for future market approaches.
• Demand-side and supply-side analysis of the market.
Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.
The advent of high-performance lithium-ion batteries and innovations in charging infrastructure have played a pivotal role in enhancing the feasibility and reliability of electric mobility products. Governments worldwide are introducing incentives and subsidies to encourage the adoption of electric vehicles (EVs), while private players are investing significantly in research and development to improve efficiency and affordability. Furthermore, urbanization and the emphasis on reducing carbon emissions are driving the demand for electric bikes, scooters, and motorcycles across global markets.
Despite these advancements, challenges such as limited charging infrastructure in certain regions and the high initial cost of EVs pose barriers to widespread adoption. However, the increasing integration of renewable energy sources into EV charging networks and technological breakthroughs in battery management systems are unlocking new growth avenues. The electric mobility market is poised to benefit from collaborative efforts between automakers, technology providers, and policymakers to create a robust and sustainable ecosystem.
North America leads the market due to strong regulatory support and the presence of major EV manufacturers, while Asia Pacific is anticipated to exhibit the fastest growth during the forecast period. Countries such as China and India are witnessing a surge in EV adoption due to favorable government policies, growing consumer awareness, and the expansion of the charging infrastructure network.
Major market players included in this report are:
• Tesla Inc.
• BYD Company Ltd.
• NIO Inc.
• Volkswagen AG
• BMW Group
• Hero Electric Vehicles Pvt. Ltd.
• Yamaha Motor Co., Ltd.
• Ather Energy Pvt. Ltd.
• Bajaj Auto Ltd.
• Nissan Motor Corporation
• Rivian Automotive, LLC
• Lucid Motors Inc.
• General Motors Company
• Harley-Davidson, Inc.
• Gogoro Inc.
The detailed segments and sub-segments of the market are explained below:
By Product:
• Electric Bikes
• Electric Scooters
• Electric Motorized Scooters
• Electric Motorcycles
By Drive:
• Hub Motor
• Mid Drive
By Battery:
• Lithium-Ion
• Lead Acid
• Others
By End-use:
• Personal
• Commercial
By Region:
North America:
• U.S.
• Canada
Europe:
• UK
• Germany
• France
• Spain
• Italy
• Rest of Europe
Asia Pacific:
• China
• India
• Japan
• Australia
• South Korea
• Rest of Asia Pacific
Latin America:
• Brazil
• Mexico
Middle East & Africa:
• Saudi Arabia
• South Africa
• Rest of Middle East & Africa
Years considered for the study are as follows:
• Historical Year: 2022
• Base Year: 2023
• Forecast Period: 2024 to 2032
Key Takeaways:
• Market Estimates & Forecast for 10 years from 2022 to 2032.
• Annualized revenues and regional-level analysis for each market segment.
• Detailed analysis of the geographical landscape with country-level insights into major regions.
• Competitive landscape overview and information on prominent players in the market.
• Analysis of key business strategies and actionable recommendations for future market approaches.
• Demand-side and supply-side analysis of the market.
Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.
Table of Contents
285 Pages
- Chapter 1. Global Electric Mobility Market Executive Summary
- 1.1. Global Electric Mobility Market Size & Forecast (2022-2032)
- 1.2. Regional Summary
- 1.3. Segmental Summary
- 1.3.1. By Product
- 1.3.1.1. Electric Bikes
- 1.3.1.2. Electric Scooters
- 1.3.1.3. Electric Motorized Scooters
- 1.3.1.4. Electric Motorcycles
- 1.3.2. By Drive
- 1.3.3. By Battery
- 1.3.4. By End-use
- 1.4. Key Trends
- 1.5. Recession Impact
- 1.6. Analyst Recommendation & Conclusion
- Chapter 2. Global Electric Mobility Market Definition and Research Assumptions
- 2.1. Research Objective
- 2.2. Market Definition
- 2.3. Research Assumptions
- 2.3.1. Inclusion & Exclusion
- 2.3.2. Limitations
- 2.3.3. Supply Side Analysis
- 2.3.3.1. Availability
- 2.3.3.2. Infrastructure
- 2.3.3.3. Regulatory Environment
- 2.3.3.4. Market Competition
- 2.3.3.5. Economic Viability (Consumer’s Perspective)
- 2.3.4. Demand Side Analysis
- 2.3.4.1. Regulatory Frameworks
- 2.3.4.2. Technological Advancements
- 2.3.4.3. Environmental Considerations
- 2.3.4.4. Consumer Awareness & Acceptance
- 2.4. Estimation Methodology
- 2.5. Years Considered for the Study
- 2.6. Currency Conversion Rates
- Chapter 3. Global Electric Mobility Market Dynamics
- 3.1. Market Drivers
- 3.1.1. Rising Environmental Concerns and Government Incentives
- 3.1.2. Advancements in Battery Technology and Charging Infrastructure
- 3.1.3. Growing Consumer Demand for Sustainable Transport Solutions
- 3.2. Market Challenges
- 3.2.1. High Initial Investment and Cost Barriers
- 3.2.2. Limited Charging Infrastructure in Certain Regions
- 3.3. Market Opportunities
- 3.3.1. Expansion in Emerging Economies and Urban Centers
- 3.3.2. Innovations in Battery Management and Renewable Integration
- 3.3.3. Strategic Collaborations between Automakers and Technology Providers
- Chapter 4. Global Electric Mobility Market Industry Analysis
- 4.1. Porter’s 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter’s 5 Force Model
- 4.1.7. Porter’s 5 Force Impact Analysis
- 4.2. PESTEL Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
- 4.2.5. Environmental
- 4.2.6. Legal
- 4.3. Top Investment Opportunity
- 4.4. Top Winning Strategies
- 4.5. Disruptive Trends
- 4.6. Industry Expert Perspective
- 4.7. Analyst Recommendation & Conclusion
- Chapter 5. Global Electric Mobility Market Size & Forecasts by Product (2022-2032)
- 5.1. Segment Dashboard
- 5.2. Global Electric Mobility Market: Product Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
- 5.2.1. Electric Bikes
- 5.2.2. Electric Scooters
- 5.2.3. Electric Motorized Scooters
- 5.2.4. Electric Motorcycles
- Chapter 6. Global Electric Mobility Market Size & Forecasts by Drive (2022-2032)
- 6.1. Segment Dashboard
- 6.2. Global Electric Mobility Market: Drive Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
- Chapter 7. Global Electric Mobility Market Size & Forecasts by Battery (2022-2032)
- 7.1. Segment Dashboard
- 7.2. Global Electric Mobility Market: Battery Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
- Chapter 8. Global Electric Mobility Market Size & Forecasts by End-use (2022-2032)
- 8.1. Segment Dashboard
- 8.2. Global Electric Mobility Market: End-use Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
- Chapter 9. Global Electric Mobility Market Size & Forecasts by Region (2022-2032)
- 9.1. North America Electric Mobility Market
- 9.1.1. U.S. Electric Mobility Market
- 9.1.1.1. Segment Breakdown by Product, Drive, Battery & End-use, 2022-2032
- 9.1.2. Canada Electric Mobility Market
- 9.2. Europe Electric Mobility Market
- 9.2.1. UK Electric Mobility Market
- 9.2.2. Germany Electric Mobility Market
- 9.2.3. France Electric Mobility Market
- 9.2.4. Spain Electric Mobility Market
- 9.2.5. Italy Electric Mobility Market
- 9.2.6. Rest of Europe Electric Mobility Market
- 9.3. Asia-Pacific Electric Mobility Market
- 9.3.1. China Electric Mobility Market
- 9.3.2. India Electric Mobility Market
- 9.3.3. Japan Electric Mobility Market
- 9.3.4. Australia Electric Mobility Market
- 9.3.5. South Korea Electric Mobility Market
- 9.3.6. Rest of Asia-Pacific Electric Mobility Market
- 9.4. Latin America Electric Mobility Market
- 9.4.1. Brazil Electric Mobility Market
- 9.4.2. Mexico Electric Mobility Market
- 9.4.3. Rest of Latin America Electric Mobility Market
- 9.5. Middle East & Africa Electric Mobility Market
- 9.5.1. Saudi Arabia Electric Mobility Market
- 9.5.2. South Africa Electric Mobility Market
- 9.5.3. Rest of Middle East & Africa Electric Mobility Market
- Chapter 10. Competitive Intelligence
- 10.1. Key Company SWOT Analysis
- 10.1.1. Tesla Inc.
- 10.1.2. BYD Company Ltd.
- 10.1.3. NIO Inc.
- 10.2. Top Market Strategies
- 10.3. Company Profiles
- 10.3.1. Tesla Inc.
- 10.3.1.1. Key Information
- 10.3.1.2. Overview
- 10.3.1.3. Financial (Subject to Data Availability)
- 10.3.1.4. Product Summary
- 10.3.1.5. Market Strategies
- 10.3.2. BYD Company Ltd.
- 10.3.3. NIO Inc.
- 10.3.4. Volkswagen AG
- 10.3.5. BMW Group
- 10.3.6. Hero Electric Vehicles Pvt. Ltd.
- 10.3.7. Yamaha Motor Co., Ltd.
- 10.3.8. Ather Energy Pvt. Ltd.
- 10.3.9. Bajaj Auto Ltd.
- 10.3.10. Nissan Motor Corporation
- 10.3.11. Rivian Automotive, LLC
- 10.3.12. Lucid Motors Inc.
- 10.3.13. General Motors Company
- 10.3.14. Harley-Davidson, Inc.
- 10.3.15. Gogoro Inc.
- Chapter 11. Research Process
- 11.1. Research Process
- 11.1.1. Data Mining
- 11.1.2. Analysis
- 11.1.3. Market Estimation
- 11.1.4. Validation
- 11.1.5. Publishing
- 11.2. Research Attributes
- List of Tables
- TABLE 1. Global Electric Mobility Market – Report Scope
- TABLE 2. Global Electric Mobility Market Estimates & Forecasts by Region 2022-2032 (USD Million/Billion)
- TABLE 3. Global Electric Mobility Market Estimates & Forecasts by Product 2022-2032 (USD Million/Billion)
- TABLE 4. Global Electric Mobility Market Estimates & Forecasts by Drive, Battery & End-use 2022-2032 (USD Million/Billion)
- TABLE 5. Global Electric Mobility Market by Segment – Estimates & Forecasts, 2022-2032 (USD Million/Billion)
- TABLE 6. North America Electric Mobility Market Estimates & Forecasts, 2022-2032 (USD Million/Billion)
- TABLE 7. Europe Electric Mobility Market Estimates & Forecasts, 2022-2032 (USD Million/Billion)
- TABLE 8. Asia-Pacific Electric Mobility Market Estimates & Forecasts, 2022-2032 (USD Million/Billion)
- TABLE 9. Latin America Electric Mobility Market Estimates & Forecasts, 2022-2032 (USD Million/Billion)
- TABLE 10. Middle East & Africa Electric Mobility Market Estimates & Forecasts, 2022-2032 (USD Million/Billion)
- TABLE 11. Electric Mobility Market Segment Details – Product, Drive, Battery & End-use, Estimates & Forecasts, 2022-2032 (USD Million/Billion)
- TABLE 12. Regional Comparative Analysis – North America vs. Europe vs. Asia-Pacific (2022-2032)
- TABLE 13. Key Investment Trends in Global Electric Mobility Market (2022-2032)
- TABLE 14. Detailed Regional Revenue Analysis – Country-Level, 2022-2032 (USD Million/Billion)
- TABLE 15. Historical Data Comparison – 2022 vs. 2023 (USD Million/Billion)
- TABLE 16. Forecasted Growth Trends – Product, Drive, Battery & End-use (2022-2032)
- TABLE 17. Regulatory Impact Analysis on Electric Mobility Market Growth (2022-2032)
- TABLE 18. Competitive Benchmarking – Leading Companies in Global Electric Mobility Market
- TABLE 19. Technology Adoption and Innovation Impact Analysis (2022-2032)
- TABLE 20. Forecasted Revenue Trends by Region, 2022-2032 (USD Million/Billion)
- List of Figures
- FIGURE 1. Global Electric Mobility Market – Research Methodology
- FIGURE 2. Global Electric Mobility Market – Market Estimation Techniques
- FIGURE 3. Global Market Size Estimates & Forecast Methods (2022-2032)
- FIGURE 4. Key Trends in Global Electric Mobility Market (2023)
- FIGURE 5. Growth Prospects – Global Electric Mobility Market 2022-2032
- FIGURE 6. Porter’s 5 Force Model – Global Electric Mobility Market
- FIGURE 7. PESTEL Analysis – Global Electric Mobility Market
- FIGURE 8. Value Chain Analysis – Global Electric Mobility Market
- FIGURE 9. Segment Analysis by Product, 2022 vs. 2032 (USD Million/Billion)
- FIGURE 10. Segment Analysis by Drive, Battery & End-use, 2022 vs. 2032 (USD Million/Billion)
- FIGURE 11. Regional Growth Trends – North America (2022-2032)
- FIGURE 12. Regional Growth Trends – Europe (2022-2032)
- FIGURE 13. Regional Growth Trends – Asia-Pacific (2022-2032)
- FIGURE 14. Regional Growth Trends – Latin America (2022-2032)
- FIGURE 15. Regional Growth Trends – Middle East & Africa (2022-2032)
- FIGURE 16. Company Market Share Analysis – Global Electric Mobility Market (2023)
- FIGURE 17. Competitive Landscape Overview (2023)
- FIGURE 18. Investment Opportunity Analysis in Electric Mobility Sector
- FIGURE 19. Historical vs. Forecasted Growth Comparison (2022-2032)
- FIGURE 20. Technological Advancements Impact on Electric Mobility Market Dynamics
Pricing
Currency Rates
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