Electric Motorcycles & Scooters Market Analysis

Product (Motorcycles, Scooters)

The global electric motorcycles & scooters market is segmented and analyzed for demand and supply by the product into motorcycles and scooters. Between these two, the motorcycles segment is estimated to gain a significant market share over the projected time frame. It has been projected that the demand for electric motorcycles would grow at the fastest rate during the forecast period. Such a remarkable growth of the segment could be attributed mainly to the limitations of the electric scooters concerning their range and performance. It has been observed that many electric motorcycles would outperform average lightweight electric scooters when it comes to speed and range. For instance, when an average e-scooter and average e-bike without pedaling are compared after a single recharge and in the absence of extra batteries, the average range of the e-scooter reaches 33 km against that of the e-bike which falls anywhere between 31 and 57 km as per the battery size. This increased range makes e-motorcycles/e-bikes more favorable for long-distance commutes and different activities such as off-roading and racing.

Voltage Type (36V, 48V, 60V, 72V)

The global electric motorcycles & scooters market is also segmented and analyzed for demand and supply by voltage type into 36V, 48V, 60V, and 72V. Amongst these four segments, the segment for 48V is expected to garner a significant market share. This segment held a market share of 41% only in 2022. High power output to enable good performance is the major factor driving the demand for this voltage category in the market. A 48V battery for e-scooters or motorcycles has been observed to allow a current supply between 9 and 41 amperes. Such a current supply is considered ample for minimizing the power lag, which should otherwise occur with a battery of lower voltage. The 48V battery should provide good acceleration for the e-motorcycles and e-scooters and also stands out for its long charging cycles that avoid the need for frequent charging. Further, manufacturers are integrating regenerative braking and other advanced technologies into the 48V batteries. Such modifications would make 48V battery packs preferable for e-scooters and motorbikes and would lead to the segment’s growth in the market.

Our in-depth analysis of the global market includes the following segments: