Global Electric Scooter Motor Market Size Study, by Vehicle, Positioning, Motor Type, and Regional Forecasts 2024-2034

The Global Electric Scooter Motor Market, valued at approximately USD 9.35 billion in 2024, is projected to grow at a (CAGR) of 13.60% over the forecast period from 2024 to 2034. The escalating demand for sustainable urban mobility solutions is propelling the adoption of electric scooters worldwide. As the core component determining performance, efficiency, and reliability, electric scooter motors are experiencing heightened demand, prompting manufacturers to innovate and deliver eco-friendly transportation options that align with consumer expectations.

Key drivers fueling market expansion include rapid urbanization leading to congested cityscapes, necessitating compact and efficient modes of transportation. Governments globally are implementing supportive policies and incentives to encourage the adoption of electric vehicles, including scooters, to mitigate carbon emissions. Advancements in motor technologies, such as high-efficiency Permanent Magnet Synchronous Motors (PMSM) and Brushless DC (BLDC) motors, are enhancing performance and extending the range of electric scooters, thereby stimulating market growth.

Moreover, the integration of innovative features like regenerative braking systems and connected technologies is attracting a new segment of tech-savvy consumers. The market is witnessing a shift towards hub motors due to their compactness and ease of integration, though mid-drive motors remain preferred for higher performance applications. However, challenges such as limited range and the need for extensive charging infrastructure may impede growth if not adequately addressed.

Opportunities abound in emerging economies where urban populations are burgeoning, and two-wheelers are a primary mode of transportation. Manufacturers are focusing on developing cost-effective and energy-efficient motors to cater to price-sensitive markets. The diversification of drive types, including chain and belt drives, allows for customization to meet regional preferences. Collaborations between component suppliers and OEMs are fostering innovation and accelerating the time-to-market for new electric scooter models.

Regionally, Asia Pacific dominated the electric scooter motor market in 2024, driven by high demand in countries like China and India, where electric scooters are increasingly adopted due to their affordability and convenience. Europe is also witnessing significant growth, propelled by stringent environmental regulations and initiatives promoting green transportation. North America is expected to exhibit substantial growth during the forecast period, attributed to rising environmental awareness and technological advancements in electric mobility solutions.

Major market players included in this report are:

• Nidec Corporation
• Bosch Limited
• TECO Electric & Machinery Co., Ltd.
• Mitsuba Corporation
• Robert Bosch GmbH
• QS Motor
• Yadea Group Holdings Ltd.
• Zhejiang Jinlang Motor Co., Ltd.
• Samsung SDI Co., Ltd.
• LG Electronics Inc.
• Hero Electric Vehicles Pvt. Ltd.
• Mahindra GenZe
• Ampere Vehicles Pvt. Ltd.
• Terra Motors Corporation
• VMoto Limited

The detailed segments and sub-segment of the market are explained below:

By Vehicle:

• E-Scooter/Moped
• E-Motorcycle

By Positioning:

• Hub Motor
• Mid Drive Motor

By Motor Power:

• Less than 1 kW
• 1-3 kW
• Above 3 kW

By Drive Type:

• Chain Drive
• Belt Drive

By Motor Type:

• Permanent Magnet Synchronous Motor (PMSM)
• Brushless DC Motor (BLDC)

By Component:

• Stator
• Rotor
• Controller
• Others

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: 2024
• Forecast Period: 2024-2034

Key Takeaways:

• Market estimates and forecasts spanning a decade from 2022 to 2032.
• Annualized revenue breakdowns and detailed regional analyses for each market segment.
• Country-specific insights across major regions.
• Competitive landscape analysis and detailed profiles of major players.
• In-depth exploration of key business strategies and actionable recommendations for future market approaches.
• Supply-side and demand-side evaluations to illuminate market dynamics.