+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

PRINTER FRIENDLY

North America Electric Scooters and Motorcycles Market by Type, by Battery Capacity, by Battery, by Application, by Geography Market Size, Share, Development, Growth, and Demand Forecast, 2015-2024

  • ID: 4770552
  • Report
  • March 2019
  • Region: North America
  • 97 pages
  • Prescient & Strategic Intelligence Private Limited
1 of 3

FEATURED COMPANIES

  • Alta Motors
  • KTM North America Inc.
  • Mahindra GenZe
  • Razor USA LLC
  • Segway Inc.
  • Zero Motorcycles Inc.
  • MORE
The North America scooters and motorcycles market is projected to value $675.7 million by 2024, advancing at a CAGR of 28.4% during the forecast period (2019-2024), According to this research. The major factors driving the growth of the market are the introduction of electric scooter sharing fleets, enhancement in battery technology, government incentives and policies, and low maintenance cost of such vehicles.

The emergence of electric scooter sharing fleets is behind the growth of the North American scooters and motorcycles market. Many sharing service providers are starting to add kick scooters and electric scooters in their fleet. Further, with the easy availability of smart charging stations and increasing application of scooters and motorcycles in food and beverage delivery services, the market is expected to grow steadily during the forecast period.

Based on battery, the North American electric scooters and motorcycles market is classified into Li-ion and lead-acid. Of these, during the historical period, the Li-ion classification dominated the market and is predicted to further continue dominating it during the 2019-2024 period. This is attributed to the reducing price of Li-ion batteries, along with their benefits such as small size, low weight, low maintenance, high energy density, and low self-discharge, as compared to the other battery type. Thus, these benefits are expected to escalate the demand for electric scooters and motorcycles with Li-ion batteries in the market during the forecast period.

On the basis of application, the electric scooters and motorcycles market in North America is categorized into food and grocery, sharing services, and personal users. Out of these, the sharing service category is predicted to dominate the market in terms of sales volume during 2019-2024 period. This is ascribed to the easy availability of vehicles for commuting short distances without people having to own these themselves.

One of the major factors driving the growth of the market is the increasing concern for environmental degradation, resulting in the need to reduce greenhouse gas emissions from vehicles. The surging concerns are pushing governments to take some initiatives to reduce the emissions. Governments are coming up with several incentives and tax credits, offered to customers, on the purchase of these vehicles, which back the growth of the North American electric scooters and motorcycles market. For instance, in 2017, the California government provided 10.0% federal tax credit (up to $2,500) on the purchase of electric motorcycles.
In terms of volume, in 2018, the U.S. held the larger share of nearly 85.0% in the North American electric scooters and motorcycles market. The factors responsible for the market growth in the U.S. are rapid adoption rate of electric vehicles, increasing government support in the form of financial and non-financial incentives on the purchase of these vehicles, and a high commuter base.

NORTH AMERICA ELECTRIC SCOOTERS AND MOTORCYCLES MARKET SEGMENTATION

Market Segmentation by Type
  • Motorcycle
  • Scooter
  • Kick Scooter
Market Segmentation by Battery Capacity
  • < 5 kWh
  • 5-10 kWh
  • 10-15 kWh
  • >15 kWh
Market Segmentation by Battery
  • Lead Acid
  • Lithium-ion
Market Segmentation by Application
  • Sharing Services
  • Food and Grocery
  • Personal Users
Market Segmentation by Geography
  • U.S. Electric Scooters and Motorcycles Market
  • By type
  • By battery capacity
  • By battery
  • By application
  • Canada Electric Scooters and Motorcycles Market
  • By type
  • By battery capacity
  • By battery
  • By application
Note: Product cover images may vary from those shown
2 of 3

FEATURED COMPANIES

  • Alta Motors
  • KTM North America Inc.
  • Mahindra GenZe
  • Razor USA LLC
  • Segway Inc.
  • Zero Motorcycles Inc.
  • MORE
Chapter 1. Research Background
1.1 Research Objectives
1.2 Market Definition
1.3 Research Scope
1.3.1 Market Segmentation by Type
1.3.2 Market Segmentation by Battery Capacity
1.3.3 Market Segmentation by Battery
1.3.4 Market Segmentation by Application
1.3.5 Market Segmentation by Country
1.3.6 Analysis Period
1.3.7 Market Data Reporting Unit
1.3.7.1 Value
1.3.7.2 Volume
1.4 Key Stakeholders

Chapter 2. Research Methodology
2.1 Secondary Research
2.2 Primary Research
2.2.1 Breakdown of Primary Research Respondents
2.2.1.1 By country
2.2.1.2 By industry participant
2.3 Market Size Estimation
2.4 Data Triangulation
2.5 Assumptions for the Study

Chapter 3. Executive Summary

Chapter 4. Introduction
4.1 Definition of Market Segments
4.1.1 By Type
4.1.1.1 Motorcycle
4.1.1.2 Scooter
4.1.1.3 Kick scooter
4.1.2 By Battery Capacity
4.1.2.1 < 5 kWh
4.1.2.2 5-10 kWh
4.1.2.3 10-15 kWh
4.1.2.4 >15 kWh
4.1.3 By Battery
4.1.3.1 Lead acid
4.1.3.2 Li-ion
4.1.4 By Application
4.1.4.1 Sharing services
4.1.4.2 Food and grocery
4.1.4.3 Personal users
4.2 Value Chain Analysis
4.3 Market Dynamics
4.3.1 Trends
4.3.1.1 Development in battery technology
4.3.1.2 Increasing investment and acquisition in the electric two-wheeler industry
4.3.2 Drivers
4.3.2.1 Government incentives and federal tax credits
4.3.2.2 Emergence of electric scooter sharing fleet
4.3.2.3 Low maintenance
4.3.2.4 Impact analysis of drivers on market forecast
4.3.3 Restraints
4.3.3.1 Lack of clarity on operational guidelines for electric kick scooters
4.3.3.2 High purchase cost
4.3.3.3 Impact analysis of restraints on market forecast
4.3.4 Opportunities
4.3.4.1 Availability of smart charging stations
4.3.4.2 Food and beverages delivery
4.4 Porter’s Five Forces Analysis
4.4.1 Bargaining Power of Buyers
4.4.2 Bargaining Power of Suppliers
4.4.3 Threat of New Entrants
4.4.4 Intensity of Rivalry
4.4.5 Threat of Substitutes

Chapter 5. North America Market Size and Forecast
5.1 By Type
5.2 By Battery Capacity
5.3 By Battery
5.4 By Application
5.5 By Country

Chapter 6. U.S. Market Size and Forecast
6.1 By Type
6.2 By Battery Capacity
6.3 By Battery
6.4 By Application

Chapter 7. Canada Market Size and Forecast
7.1 By Type
7.2 By Battery Capacity
7.3 By Battery
7.4 By Application

Chapter 8. Competitive Landscape
8.1 Market Share Analysis of Key Players
8.2 Competitive Benchmarking of Key Players
8.3 Product Benchmarking of Key Players
8.4 North America Strategic Developments of Key Players
8.4.1 Mergers and Acquisitions
8.4.2 Product Launches
8.4.3 Client Wins
8.4.4 Other Development

Chapter 9. Company Profiles
9.1 KTM North America Inc.
9.1.1 Business Overview
9.1.2 Product and Service Offerings
9.2 Razor USA LLC
9.2.1 Business Overview
9.2.2 Product and Service Offerings
9.3 Segway Inc.
9.3.1 Business Overview
9.3.2 Product and Service Offerings
9.4 TORROT ELECTRIC EUROPA S.A.
9.4.1 Business Overview
9.4.2 Product and Service Offerings
9.5 Zero Motorcycles Inc.
9.5.1 Business Overview
9.5.2 Product and Service Offerings
9.6 Mahindra GenZe
9.6.1 Business Overview
9.6.2 Product and Service Offerings
9.7 Energica Motor Company S.p.A.
9.7.1 Business Overview
9.7.2 Product and Service Offerings
9.8 Alta Motors
9.8.1 Business Overview
9.8.2 Product and Service Offerings

Chapter 10. Appendix
10.1 Abbreviations
10.2 Sources and References
10.3 Related Report

List of Tables
TABLE 1 ANALYSIS PERIOD OF THE STUDY
TABLE 2 DRIVERS FOR THE MARKET: IMPACT ANALYSIS
TABLE 3 RESTRAINTS FOR THE MARKET: IMPACT ANALYSIS
TABLE 4 NORTH AMERICA ELECTRIC SCOOTERS AND MOTORCYCLES MARKET, BY TYPE, UNITS (2015-2018)
TABLE 5 NORTH AMERICA ELECTRIC SCOOTERS AND MOTORCYCLES MARKET, BY TYPE, UNITS (2019-2024)
TABLE 6 NORTH AMERICA ELECTRIC SCOOTERS AND MOTORCYCLES MARKET, BY TYPE, $M (2015-2018)
TABLE 7 NORTH AMERICA ELECTRIC SCOOTERS AND MOTORCYCLES MARKET, BY TYPE, $M (2019-2024)
TABLE 8 NORTH AMERICA ELECTRIC SCOOTERS AND MOTORCYCLES MARKET, BY BATTERY CAPACITY, UNITS (2015-2018)
TABLE 9 NORTH AMERICA ELECTRIC SCOOTERS AND MOTORCYCLES MARKET, BY BATTERY CAPACITY, UNITS (2019-2024)
TABLE 10 NORTH AMERICA ELECTRIC SCOOTERS AND MOTORCYCLES MARKET, BY BATTERY CAPACITY, $M (2015-2018)
TABLE 11 NORTH AMERICA ELECTRIC SCOOTERS AND MOTORCYCLES MARKET, BY BATTERY CAPACITY, $M (2019-2024)
TABLE 12 NORTH AMERICA ELECTRIC SCOOTERS AND MOTORCYCLES MARKET, BY BATTERY, UNITS (2015-2018)
TABLE 13 NORTH AMERICA ELECTRIC SCOOTERS AND MOTORCYCLES MARKET, BY BATTERY, UNITS (2019-2024)
TABLE 14 NORTH AMERICA ELECTRIC SCOOTERS AND MOTORCYCLES MARKET, BY BATTERY, $M (2015-2018)
TABLE 15 NORTH AMERICA ELECTRIC SCOOTERS AND MOTORCYCLES MARKET, BY BATTERY, $M (2019-2024)
TABLE 16 NORTH AMERICA ELECTRIC SCOOTERS AND MOTORCYCLES MARKET, BY APPLICATION, UNITS (2015-2018)
TABLE 17 NORTH AMERICA ELECTRIC SCOOTERS AND MOTORCYCLES MARKET, BY APPLICATION, UNITS (2019-2024)
TABLE 18 NORTH AMERICA ELECTRIC SCOOTERS AND MOTORCYCLES MARKET, BY APPLICATION, $M (2015-2018)
TABLE 19 NORTH AMERICA ELECTRIC SCOOTERS AND MOTORCYCLES MARKET, BY APPLICATION, $M (2019-2024)
TABLE 20 NORTH AMERICA ELECTRIC SCOOTERS AND MOTORCYCLES MARKET, BY COUNTRY, UNITS (2015-2018)
TABLE 21 NORTH AMERICA ELECTRIC SCOOTERS AND MOTORCYCLES MARKET, BY COUNTRY, UNITS (2019-2024)
TABLE 22 NORTH AMERICA ELECTRIC SCOOTERS AND MOTORCYCLES MARKET, BY COUNTRY, $M (2015-2018)
TABLE 23 NORTH AMERICA ELECTRIC SCOOTERS AND MOTORCYCLES MARKET, BY COUNTRY, $M (2019-2024)
TABLE 24 U.S. ELECTRIC SCOOTERS AND MOTORCYCLES MARKET, BY TYPE, UNITS (2015-2018)
TABLE 25 U.S. ELECTRIC SCOOTERS AND MOTORCYCLES MARKET, BY TYPE, UNITS (2019-2024)
TABLE 26 U.S. ELECTRIC SCOOTERS AND MOTORCYCLES MARKET, BY TYPE, $M (2015-2018)
TABLE 27 U.S. ELECTRIC SCOOTERS AND MOTORCYCLES MARKET, BY TYPE, $M (2019-2024)
TABLE 28 U.S. ELECTRIC SCOOTERS AND MOTORCYCLES MARKET, BY BATTERY CAPACITY, UNITS (2015-2018)
TABLE 29 U.S. ELECTRIC SCOOTERS AND MOTORCYCLES MARKET, BY BATTERY CAPACITY, UNITS (2019-2024)
TABLE 30 U.S. ELECTRIC SCOOTERS AND MOTORCYCLES MARKET, BY BATTERY CAPACITY, $M (2015-2018)
TABLE 31 U.S. ELECTRIC SCOOTERS AND MOTORCYCLES MARKET, BY BATTERY CAPACITY, $M (2019-2024)
TABLE 32 U.S. ELECTRIC SCOOTERS AND MOTORCYCLES MARKET, BY BATTERY, UNITS (2015-2018)
TABLE 33 U.S. ELECTRIC SCOOTERS AND MOTORCYCLES MARKET, BY BATTERY, UNITS (2019-2024)
TABLE 34 U.S. ELECTRIC SCOOTERS AND MOTORCYCLES MARKET, BY BATTERY, $M (2015-2018)
TABLE 35 U.S. ELECTRIC SCOOTERS AND MOTORCYCLES MARKET, BY BATTERY, $M (2019-2024)
TABLE 36 U.S. ELECTRIC SCOOTERS AND MOTORCYCLES MARKET, BY APPLICATION, UNITS (2015-2018)
TABLE 37 U.S. ELECTRIC SCOOTERS AND MOTORCYCLES MARKET, BY APPLICATION, UNITS (2019-2024)
TABLE 38 U.S. ELECTRIC SCOOTERS AND MOTORCYCLES MARKET, BY APPLICATION, $M (2015-2018)
TABLE 39 U.S. ELECTRIC SCOOTERS AND MOTORCYCLES MARKET, BY APPLICATION, $M (2019-2024)
TABLE 40 CANADA ELECTRIC SCOOTERS AND MOTORCYCLES MARKET, BY TYPE, UNITS (2015-2018)
TABLE 41 CANADA ELECTRIC SCOOTERS AND MOTORCYCLES MARKET, BY TYPE, UNITS (2019-2024)
TABLE 42 CANADA ELECTRIC SCOOTERS AND MOTORCYCLES MARKET, BY TYPE, $M (2015-2018)
TABLE 43 CANADA ELECTRIC SCOOTERS AND MOTORCYCLES MARKET, BY TYPE, $M (2019-2024)
TABLE 44 CANADA ELECTRIC SCOOTERS AND MOTORCYCLES MARKET, BY BATTERY CAPACITY, UNITS (2015-2018)
TABLE 45 CANADA ELECTRIC SCOOTERS AND MOTORCYCLES MARKET, BY BATTERY CAPACITY, UNITS (2019-2024)
TABLE 46 CANADA ELECTRIC SCOOTERS AND MOTORCYCLES MARKET, BY BATTERY CAPACITY, $M (2015-2018)
TABLE 47 CANADA ELECTRIC SCOOTERS AND MOTORCYCLES MARKET, BY BATTERY CAPACITY, $M (2019-2024)
TABLE 48 CANADA ELECTRIC SCOOTERS AND MOTORCYCLES MARKET, BY BATTERY, UNITS (2015-2018)
TABLE 49 CANADA ELECTRIC SCOOTERS AND MOTORCYCLES MARKET, BY BATTERY, UNITS (2019-2024)
TABLE 50 CANADA ELECTRIC SCOOTERS AND MOTORCYCLES MARKET, BY BATTERY, $M (2015-2018)
TABLE 51 CANADA ELECTRIC SCOOTERS AND MOTORCYCLES MARKET, BY BATTERY, $M (2019-2024)
TABLE 52 CANADA ELECTRIC SCOOTERS AND MOTORCYCLES MARKET, BY APPLICATION, UNITS (2015-2018)
TABLE 53 CANADA ELECTRIC SCOOTERS AND MOTORCYCLES MARKET, BY APPLICATION, UNITS (2019-2024)
TABLE 54 CANADA ELECTRIC SCOOTERS AND MOTORCYCLES MARKET, BY APPLICATION, $M (2015-2018)
TABLE 55 CANADA ELECTRIC SCOOTERS AND MOTORCYCLES MARKET, BY APPLICATION, $M (2019-2024)
TABLE 56 COMPETITIVE BENCHMARKING OF KEY PLAYERS
TABLE 57 PRODUCT BENCHMARKING OF KEY PLAYERS
TABLE 58 KTM NORTH AMERICA INC. - AT A GLANCE
TABLE 59 RAZOR USA LLC - AT A GLANCE
TABLE 60 SEGWAY INC. - AT A GLANCE
TABLE 61 TORROT ELECTRIC EUROPA S.A. - AT A GLANCE
TABLE 62 MAHINDRA GENZE - AT A GLANCE
TABLE 63 ENERGICA MOTOR COMPANY S.P.A. - AT A GLANCE
TABLE 64 ALTA MOTORS - AT A GLANCE

List of Figures
FIG 1 RESEARCH SCOPE
FIG 2 RESEARCH METHODOLOGY
FIG 3 COUNTRYWISE SPLIT OF PRIMARY AND SECONDARY RESEARCH
FIG 4 BREAKDOWN OF PRIMARY RESEARCH BY COUNRTY
FIG 5 BREAKDOWN OF PRIMARY RESEARCH BY INDUSTRY PARTICIPANT
FIG 6 DATA TRIANGULATION APPROACH
FIG 7 NORTH AMERICA ELECTRIC SCOOTERS AND MOTORCYCLES MARKET SUMMARY
FIG 8 VALUE CHAIN ANALYSIS OF NORTH AMERICA ELECTRIC SCOOTERS AND MOTORCYCLES MARKET
FIG 9 PORTER’S FIVE FORCES ANALYSIS
FIG 10 BARGAINING POWER OF BUYERS
FIG 11 BARGAINING POWER OF SUPPLIERS
FIG 12 THREAT OF NEW ENTRANTS
FIG 13 INTENSITY OF RIVALRY
FIG 14 THREAT OF SUBSTITUTES
FIG 15 NORTH AMERICA ELECTRIC SCOOTERS AND MOTORCYCLES MARKET, BY TYPE, UNITS (2015-2024)
FIG 16 NORTH AMERICA ELECTRIC SCOOTERS AND MOTORCYCLES MARKET, BY BATTERY CAPACITY, UNITS (2015-2024)
FIG 17 NORTH AMERICA ELECTRIC SCOOTERS AND MOTORCYCLES MARKET, BY BATTERY, UNITS (2015-2024)
FIG 18 NORTH AMERICA ELECTRIC SCOOTERS AND MOTORCYCLES MARKET, BY APPLICATION, UNITS (2015-2024)
FIG 19 NORTH AMERICA ELECTRIC SCOOTERS AND MOTORCYCLES MARKET, BY COUNTRY, UNITS (2015-2024)
FIG 20 U.S. ELECTRIC SCOOTERS AND MOTORCYCLES MARKET, BY TYPE, UNITS (2015-2024)
FIG 21 U.S. ELECTRIC SCOOTERS AND MOTORCYCLES MARKET, BY BATTERY CAPACITY, UNITS (2015-2024)
FIG 22 U.S. ELECTRIC SCOOTERS AND MOTORCYCLES MARKET, BY BATTERY, UNITS (2015-2024)
FIG 23 U.S. ELECTRIC SCOOTERS AND MOTORCYCLES MARKET, BY APPLICATION, UNITS (2015-2024)
FIG 24 CANADA ELECTRIC SCOOTERS AND MOTORCYCLES MARKET, BY TYPE, UNITS (2015-2024)
FIG 25 CANADA ELECTRIC SCOOTERS AND MOTORCYCLES MARKET, BY BATTERY CAPACITY, UNITS (2015-2024)
FIG 26 CANADA ELECTRIC SCOOTERS AND MOTORCYCLES MARKET, BY BATTERY, UNITS (2015-2024)
FIG 27 CANADA ELECTRIC SCOOTERS AND MOTORCYCLES MARKET, BY APPLICATION, UNITS (2015-2024)
FIG 28 NORTH AMERICA ELECTRIC MOTORCYCLES MARKET SHARE OF KEY PLAYERS (2018)
FIG 29 ZERO MOTORCYCLES INC. - AT A GLANCE
Note: Product cover images may vary from those shown
3 of 3

Loading
LOADING...

4 of 3
  • KTM North America Inc.
  • Razor USA LLC
  • Segway Inc.
  • TORROT ELECTRIC EUROPA S.A.
  • Zero Motorcycles Inc.
  • Mahindra GenZe
  • Energica Motor Company S.p.A.
  • Alta Motors
Note: Product cover images may vary from those shown
Adroll
adroll