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Electric Scooter and Motorcycle Market: Size, Share, Growth, Analysis, Key Players, Revenue, Growth | Valuates Reports
Electric Scooter and Motorcycle Market Statistics - 2028Due to the COVID-19 pandemic, the global Electric Scooter and Motorcycle market size is estimated to be worth USD 7885 million in 2022 and is forecast to a readjusted size of USD 12170 million by 2028 with a CAGR of 7.5% during the review period.
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Major Trends in Electric Scooter and Motorcycle Market
The growing preference for eco-friendly modes of transportation as a means of reducing greenhouse gas emissions is one of the major factors driving the Electric Scooter and Motorcycle Market.
The electric scooters and motorcycles market will expand due to increasing government support, improved performance, and lower maintenance costs compared to vehicles powered by internal combustion engines. Over the projected period, technical advancements in battery and motor componentry will propel the market forward. However, the market's expansion in the upcoming years would be constrained by a lack of adequate charging infrastructure.
As the name implies, electric two-wheelers are powered by electricity. To store and transform the electricity, a motor and battery pack are installed. Typically, a handlebar-mounted user control is used to brake and change the speed. According to this amorphous definition, buyers have access to a wide range of varieties and styles that are still being developed.
Electric scooters and motorcycles are a subset of electric bicycles, scooters, motorcycles, and other electric vehicles. In China, the pedal-assisted electric scooter is also known as an electric bicycle. So, the statistics in this report primarily concentrate on the following various types, including E-motorcycles, E-bicycles, and E-scooters, etc.
What is the Electric Scooter and Motorcycle Market?
Electric two-wheelers, as indicated itself, is electricity-powered two-wheelers. A battery pack and a motor are installed to store and transform the electricity. User control is usually attached to the handlebar to brake and adjust the speed. Under this abstract definition, a variety of types and styles are available to consumers in the market and still developing.
Electric Scooters and motorcycles can be classified as a combination of electric bicycle, electric scooter, electric motorcycles, and so on. The power-assisted electric scooter with pedals is also called an electric bicycle in China. Hence, in this report, the statistics mainly focus on the following several kinds including E-motorcycles, E-bicycles, and E-scooters, etc.
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Top Major Players in the Electric Scooter and Motorcycle Market
The major players that are operating in the global Electric Scooter and Motorcycle Market are
• Yadea
• AIMA
• Lvyuan
• Sunra
• TAILG
• Lima
• BYVIN
• Wuyang Honda
• HONG ER DA
• Lvjia
• Slane
• Opai Electric
• Supaq
• Xiaodao Ebike
• Sykee
• Aucma EV
• Terra Motor
• Govecs
• ZEV
• Zero Motorcycles
• Palla
• Zongshen Electric Motorcycle
Electric Scooter and Motorcycle Market by Type
• Electric Motorcycle
• Electric Scooter
Electric Scooter type occupies the largest market share and segments reach 98.36%
Electric Scooter and Motorcycle Market by Application
• E-Commerce
• Retail Store
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