The Asia Pacific electric motorcycles & scooters market is slated to foresee heavy growth over the coming years due to the growing environmental concerns in the region. Rapidly growing levels of carbon emissions is creating an immense need for eco-friendly transportation solutions across countries like China and India.

The APAC is also home to the world’s largest two-wheeler market with India, Vietnam, and China leading the charge. Considering its potential, several market players are actively looking to consolidate their presence in the regional market. In fact, emerging manufacturers like Ultraviolette Automotive and Emflux are foraying into India, which is likely to majorly impact the regional market outlook through the projected timeframe    .

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Rising concerns pertaining to harmful effect of vehicle emissions along with the imposition of strict regulations by environment agencies will drive global electric motorcycles & scooters market. Consumers are getting increasingly aware of the fact that the adoption of electric two-wheelers can significantly reduce harmful emissions of carbon dioxide, carbon monoxide, nitrogen oxide and other harmful effluents, which in turn can aid in reducing the air pollution.

Governments across the globe are offering grants, incentives and subsidies on the purchase of new electric vehicles in a bid to promote e-mobility. In addition, several emerging players, such as Pedego Electric Bikes, Gogoro, and Segway are partnering with scooter sharing firms to cater to the growing demand for ride-sharing.

The e-mobility trend is on rise. In the third quarter of 2019, around 45 EV companies across the world showed a total fund raising of USD 2.7 billion. However, the COVID-19 outbreak has led to a slowdown in electric motorcycles & scooters market growth in 2020. Shortage of raw materials, labor and restrictions on movement have led to a temporary shutdown of many automobile manufacturing facilities, globally.

The rising consumer inclination toward buying essential items is hindering the sales of high cost products like electric scooters & motorcycles. The EV businesses will gain traction again, once the restrictions are lifted.

Electric motorcycles are experiencing high demand on account of the advancement in battery and powertrain technologies. The technological developments are offering superior engine performance as well as high, controlled speeds to electric motorcycles. Growing demand for efficient, low noise and long range transport solutions is one of the key factors fueling the demand for electric motorcycles. In addition, grants and subsidies provided by governments on the purchase of electric motorcycles will further boost product sales in the coming years.

In terms of the voltage, 24V batteries are projected to observe a tremendous demand from the electric scooters sector over the coming years. These batteries offer shorter distance ranges that are optimum for day-to-day commutes travel across populated urban cities.

The product has a fewer number of cells, which reduces its weight and cost significantly, effectively increasing their adoption in daily commuter vehicle models. In addition, the ongoing expansion of electric scooter sharing services for commute in urban areas would propel the demand for 24V batteries over the coming years.

The competitive landscape of the global electric motorcycles & scooters market is inclusive of players such as Z Electric Vehicle, Zero Motorcycles, Govecs Group, KTM, Energica Motor Company, Lightning Motorcycles, Mahindra GenZe, Shandong Incalcu Electric Vehicle, Amper Vehicles, and Harley Davidson among others. 

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Some Point from Table of Contents;

Chapter 6   Electric Motorcycles & Scooters Market, By Battery

6.1    Key trends by battery

6.2    SLA

6.2.1    market estimates and forecast, 2017 – 2027

6.3    Li-ion

6.3.1    market estimates and forecast, 2017 – 2027

Chapter 7   Electric Motorcycles & Scooters Market, By Voltage

7.1    Key trends by voltage

7.2    24V

7.2.1    market estimates and forecast, 2017 – 2027

7.3    36V

7.3.1    market estimates and forecast, 2017 – 2027

7.4    48V

7.4.1    market estimates and forecast, 2017 – 2027

7.5    Others

7.5.1    electric motorcycles & scooters marketestimates and forecast, 2017 – 2027

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