Global Electric Scooter and Motorcycle Market Analysis, Opportunities And Future Prospects 2016


Posted November 24, 2019 by nikitamanwar

GMI Research is a market research and consulting firm which provides research-based solutions to business executives and investment professionals so that they can make right business & investment decisions faster based on real facts.
 
Global Electric Scooter and Motorcycle Market by Product Type (Electric Scooter and Electric Motorcycle), by battery Type (Sealed Lead Acid and Li-on), by Technology (Plug-in and battery), by Voltage (36V, 48V, 60V and 72V) by Geography – Opportunities and Forecast, 2019-2026

Electric Scooter and Motorcycle use a battery to propulsion the vehicle, and it does not produce any emission. These electric vehicles produce a negligible sound which reduces noise pollution. An electric vehicle can charge from any wall outlet and have removable batteries. Electric scooter and motorcycle are alternative to fuel automobile.

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The key factors which are driving the market are rising environmental awareness and the implementation of stringent emission regulations. In addition, Stringent emission norms and the availability of government subsidies are also propelling the market growth during the forecast period. For instance, Hero Electric launched an electric scooter AXLHE-20 which uses 4kW motor powered by Li-on battery. Moreover, increasing investment by government and private organization also fuel the market growth. However, lack of charging infrastructure network and high investment cost and performance of the electric vehicle are hindering the market growth.

Various notable players in the market Yadea Group Holding Ltd, Hero Electric Vehicles Pvt. Ltd., Vmoto Limited, Electrotherm Ltd., Jiangsu Xinri E-Vehicle Co., Ltd., NIU International, Piaggio Group, Energica Motor Company, BMW Group, KTM AG and among others. Major players are focussing on product launch, acquisition, collaboration to expand their global reach and become a market competitive. For instance, in Apr 2017, Hero Electric signed a partnership with Bosch Electric to achieve better technology and high-speed electric vehicle.

The global electric scooter and motorcycle market has been segmented based on vehicle type, battery type, technology, voltage, and key geographies. Based on the vehicle type, global electric scooter and motorcycle market has been segmented into electric scooter/mopeds and electric motorcycle. Based on battery type, the market has been segmented into sealed lead acid and li-on. Based on the technology, global electric scooter and motorcycle market has been segmented into plug-in and battery. Based on voltage, the market has been segmented into 36V, 48V, 60V and 72V.

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The research report “Global Electric Scooter and Motorcycle Market” provides in-depth analysis of the Global electric scooter and motorcycle market based on vehicle type, battery type, technology, voltage and major geographies for the forecast period from 2019 to 2026. The report also highlights the major market drivers propelling the growth as well as challenges faced by market participants. The research report provides market size and forecast for the Global electric scooter and motorcycle market. In addition, the report also analyses the competitive landscape, major players and their strategies in 2018. The competitive landscape section of the report captures and highlights the recent developments in the market.

Key questions answered in this research report:
1- At what pace is global electric scooter and motorcycle growing? What will be growth trend in future?
2- What are the key drivers and restraints in the current market? What will be the impact of drivers and restraints in the future?
3- What are the regional revenue and forecast breakdowns? Which are the major regional revenue pockets for growth in the global electric scooter and motorcycle market?
4- What are the various application areas and how they are poised to grow?

Market Segmentation
• By Product Type
o Electric Scooter
o Electric Motorcycle

• By Battery Type
o Sealed Lead Acid
o Li-on

• By Technology
o Plug-in
o Battery

• By Voltage
o 36V
o 48V
o 60V
o 72V

• By Geography
• North America
As a part of customization
o By Product Type
o By Batter Type
o By Technology
o By Voltage
o US
o Canada
o Mexico

• Europe
As a part of customization
o By Product Type
o By Batter Type
o By Technology
o By Voltage
o UK
o Germany
o Spain
o Rest of Europe

• Asia-Pacific
As a part of customization
o By Product Type
o By Batter Type
o By Technology
o By Voltage
o China
o Australia
o India
o Rest APAC

• Rest of World
As a part of customization
o By Product Type
o By Batter Type
o By Technology
o By Voltage
o Brazil
o South Africa
o GCC countries
o Rest of world (remaining countries of LAMEA region)

Leading Market Players
• Yadea Group Holding Ltd,
• Hero Electric Vehicles Pvt. Ltd
• Vmoto Limited
• Jiangsu Xinri E-Vehicle Co. Ltd.
• Electrotherm (India) Ltd.
• NIU International
• Piaggio Group.
• Energica Motor Company
• Energica Motor Company
• KTM AG.

For Additional Insights Click to Access Complete Report – https://www.gmiresearch.com/report/global-electric-scooter-and-motorcycle-market/

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GMI Research is a market research and consulting firm which provides research-based solutions to business executives and investment professionals so that they can make right business & investment decisions faster based on real facts. We help business leaders through independent fact-based insight, ensuring their business achieve success by beating the competition.

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Last Updated November 24, 2019