Electric Motorcycle & Scooters

Global Electric Motorcycle & Scooters Market to Reach US$44.9 Billion by 2030

The global market for Electric Motorcycle & Scooters estimated at US$35.7 Billion in the year 2024, is expected to reach US$44.9 Billion by 2030, growing at a CAGR of 3.9% over the analysis period 2024-2030. Electric Motorcycle, one of the segments analyzed in the report, is expected to record a 4.6% CAGR and reach US$31.3 Billion by the end of the analysis period. Growth in the Electric Scooters segment is estimated at 2.5% CAGR over the analysis period.

The U.S. Market is Estimated at US$9.7 Billion While China is Forecast to Grow at 7.4% CAGR

The Electric Motorcycle & Scooters market in the U.S. is estimated at US$9.7 Billion in the year 2024. China, the world`s second largest economy, is forecast to reach a projected market size of US$9.2 Billion by the year 2030 trailing a CAGR of 7.4% over the analysis period 2024-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 1.5% and 3.1% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 2.3% CAGR.

Global Electric Motorcycle & Scooters Market – Key Trends & Drivers Summarized

Why Are Electric Motorcycles and Scooters Steering the Future of Urban Mobility?

Electric motorcycles and scooters are quickly redefining the two-wheeler mobility landscape, emerging as key solutions to the dual challenges of urban congestion and environmental degradation. Designed to deliver a cleaner, quieter, and more economical alternative to their internal combustion engine (ICE) counterparts, these vehicles are becoming increasingly attractive to both private users and commercial fleet operators. As cities grapple with rising levels of air and noise pollution, electric two-wheelers offer zero tailpipe emissions, lower noise output, and reduced operating costs—qualities that align well with the broader goals of sustainable urban development. Compact and maneuverable, electric scooters and motorcycles are particularly suited for navigating tight city spaces and handling short- to medium-distance commutes. Innovations in lightweight materials, battery performance, and vehicle design have significantly enhanced range, speed, and ride comfort, overcoming earlier limitations related to power and efficiency. Government support through EV subsidies, tax incentives, and dedicated EV lanes is accelerating adoption, while improved public charging infrastructure is reducing range anxiety. Moreover, as fuel prices remain volatile, electric two-wheelers offer substantial long-term savings on fuel and maintenance, making them a practical choice for cost-conscious consumers. These vehicles are also ideal for last-mile delivery services, urban logistics, and ride-sharing applications, expanding their appeal beyond personal commuting. As environmental awareness and urbanization intensify, electric motorcycles and scooters are fast becoming essential tools for future-forward mobility ecosystems around the world.

How Are Demographic Shifts and Changing Rider Preferences Fueling Market Growth?

The rising popularity of electric motorcycles and scooters is strongly influenced by evolving consumer behaviors, generational values, and lifestyle trends. Millennials and Gen Z riders, who value sustainability, digital integration, and minimalist design, are gravitating toward electric two-wheelers for both daily commuting and recreational use. These younger consumers are more likely to favor subscription-based mobility, ride-sharing platforms, or flexible ownership models—all of which integrate seamlessly with electric vehicle ecosystems. The convenience of smartphone app connectivity, keyless ignition, GPS tracking, and vehicle diagnostics appeals to their tech-oriented mindset. Additionally, as urban housing densities increase and parking spaces become more limited, compact electric two-wheelers are an attractive alternative to cars. In emerging markets such as India, Vietnam, Indonesia, and parts of Africa, electric scooters are becoming aspirational yet affordable mobility solutions, offering reliable transportation in areas underserved by public transit. In developed economies, older consumers and eco-conscious professionals are increasingly adopting electric scooters and motorcycles for short trips and daily errands, driven by environmental concerns and a desire for low-maintenance alternatives. The growth of food delivery, courier services, and e-commerce logistics has also boosted demand for rugged, high-efficiency electric two-wheelers capable of handling multiple stops per charge. Meanwhile, governments, corporates, and educational institutions are incorporating electric scooters into fleet operations and campus mobility solutions. Together, these shifts in user behavior and transportation habits are not only expanding the customer base but also fostering more diverse use cases, strengthening long-term demand across global markets.

Is Technology Transforming Performance, Design, and Infrastructure Readiness?

Technology is playing a central role in elevating electric motorcycles and scooters from niche alternatives to high-performance, intelligent vehicles capable of competing with traditional models. Battery innovation—particularly in lithium-ion, solid-state, and fast-charging technologies—is delivering higher energy density, quicker charge times, and extended lifespan, addressing one of the key barriers to adoption. Many models now offer ranges exceeding 100 km per charge and support fast-charging infrastructure, enabling users to recharge within 30–60 minutes. Motor technology has also advanced, with brushless DC and hub motors delivering smoother acceleration, higher torque, and regenerative braking features that enhance efficiency. Telematics and IoT integration have transformed electric scooters into connected devices, enabling app-based control, anti-theft systems, remote diagnostics, and real-time navigation. Lightweight, aerodynamic frame materials such as aluminum alloys and carbon composites are improving both range and maneuverability. Customizable riding modes, digital dashboards, and voice-enabled controls are creating a more personalized and user-friendly experience. Infrastructure readiness is also improving, with smart charging stations, swappable battery networks, and grid-integrated EV platforms becoming more accessible in urban centers. Several manufacturers are partnering with battery-as-a-service (BaaS) providers, allowing riders to exchange depleted batteries at dedicated kiosks—reducing wait time and expanding usability. Innovations in modular design also enable easier servicing, component upgrades, and product localization. With continued R&D investment and cross-industry collaboration, the electric motorcycle and scooter market is becoming a dynamic ecosystem of mobility tech, energy management, and smart city integration.

What’s Driving the Rapid Global Growth of Electric Motorcycles and Scooters?

The growth in the global electric motorcycles and scooters market is driven by a confluence of factors rooted in sustainability goals, evolving urban mobility needs, and technological maturation. A major driver is the increasing global urgency to reduce transportation-related emissions, with many governments enforcing deadlines to phase out internal combustion engines and promoting electric mobility through generous incentives and infrastructure investments. From a consumer perspective, rising fuel costs and concerns over climate change are accelerating the shift to cleaner, more economical two-wheeler alternatives. Advances in battery efficiency, vehicle range, and charging infrastructure have significantly reduced the practical limitations of earlier electric models, making them suitable for mainstream use. Additionally, the rapid expansion of gig economy services such as food delivery and on-demand logistics is creating massive demand for fleet-friendly electric scooters that offer low running costs and high uptime. Regulatory mandates in urban areas—such as low-emission zones, vehicle usage restrictions, and noise ordinances—are further encouraging electric adoption. In many countries, growing urbanization is leading to traffic congestion and limited parking, driving consumers to opt for smaller, agile vehicles. E-commerce platforms and digital marketing are playing a key role in product visibility and accessibility, while leasing, financing, and pay-per-use models are lowering entry barriers. Meanwhile, OEMs are investing in dedicated EV manufacturing facilities, innovative product lines, and localized production to meet rising demand. These combined trends—fueled by environmental consciousness, cost-efficiency, infrastructure readiness, and consumer empowerment—are propelling the electric motorcycle and scooter market into an era of exponential global growth and technological evolution.

SCOPE OF STUDY:

The report analyzes the Electric Motorcycle & Scooters market in terms of units by the following Segments, and Geographic Regions/Countries:

Segments:
Product (Electric Motorcycle, Electric Scooters); Battery (Sealed Lead Acid Battery, Lithium-Ion Battery); Voltage (24V, 36V, 48V, Other Voltages)

Geographic Regions/Countries:
World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.

Select Competitors (Total 37 Featured) -

• Ather Energy Pvt. Ltd.
• Bajaj Auto Ltd.
• BMW Motorrad
• Ducati Motor Holding S.p.A.
• Energica Motor Company S.p.A.
• Gogoro Inc.
• Harley-Davidson, Inc. (LiveWire)
• Hero MotoCorp Ltd.
• Honda Motor Co., Ltd.
• Kawasaki Heavy Industries Motorcycle & Engine
• KYMCO (Kwang Yang Motor Co., Ltd.)
• Niu Technologies
• Ola Electric Mobility Pvt. Ltd.
• Piaggio Group (Vespa)
• Segway-Ninebot
• Suzuki Motor Corporation
• TVS Motor Company
• Yadea Group Holdings Ltd.
• Yamaha Motor Co., Ltd.
• Zero Motorcycles Inc.

TARIFF IMPACT FACTOR

Our new release incorporates impact of tariffs on geographical markets as we predict a shift in competitiveness of companies based on HQ country, manufacturing base, exports and imports (finished goods and OEM). This intricate and multifaceted market reality will impact competitors by artificially increasing the COGS, reducing profitability, reconfiguring supply chains, amongst other micro and macro market dynamics.

We are diligently following expert opinions of leading Chief Economists (14,949), Think Tanks (62), Trade & Industry bodies (171) worldwide, as they assess impact and address new market realities for their ecosystems. Experts and economists from every major country are tracked for their opinions on tariffs and how they will impact their countries.

We expect this chaos to play out over the next 2-3 months and a new world order is established with more clarity. We are tracking these developments on a real time basis.

As we release this report, U.S. Trade Representatives are pushing their counterparts in 183 countries for an early closure to bilateral tariff negotiations. Most of the major trading partners also have initiated trade agreements with other key trading nations, outside of those in the works with the United States. We are tracking such secondary fallouts as supply chains shift.

To our valued clients, we say, we have your back. We will present a simplified market reassessment by incorporating these changes!

APRIL 2025: NEGOTIATION PHASE

Our April release addresses the impact of tariffs on the overall global market and presents market adjustments by geography. Our trajectories are based on historic data and evolving market impacting factors.

JULY 2025 FINAL TARIFF RESET

Complimentary Update: Our clients will also receive a complimentary update in July after a final reset is announced between nations. The final updated version incorporates clearly defined Tariff Impact Analyses.

Reciprocal and Bilateral Trade & Tariff Impact Analyses:

USA
CHINA
MEXICO
CANADA
EU
JAPAN
INDIA
176 OTHER COUNTRIES.

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