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Low-powered Electric Motorcycle and Scooter Market by Vehicle Type and Geography - Forecast and Analysis 2020-2024 - Product Image

Low-powered Electric Motorcycle and Scooter Market by Vehicle Type and Geography - Forecast and Analysis 2020-2024

  • ID: 4895313
  • Report
  • December 2019
  • Region: Global
  • 135 pages
  • TechNavio
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FEATURED COMPANIES

  • Electrotherm Ltd.
  • Greaves Cotton Ltd.
  • Mahindra & Mahindra Ltd.
  • Niu Technologies
  • SONGUO MOTORS Co. Ltd.
  • TACITA Srl
  • MORE
Global Low-powered Electric Motorcycle and Scooter Market: About this market
The low-powered electric motorcycle and scooter market analysis considers sales from electric scooters and electric motorcycles. Our study also finds the sales of low-powered electric motorcycle and scooter in APAC, Europe, MEA, North America, and South America. In 2019, the electric scooters segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as the launch of high-performance electric scooters will play a significant role in the electric scooters segment to maintain its market position. Also, our global low-powered electric motorcycle and scooter market report looks at factors such as declining cost of Li-ion batteries, continuous improvements in electric motorcycles and scooters, and government subsidies and incentives for electric vehicles. However, high upfront and maintenance complexities of electric two-wheelers, lack of adequate supporting infrastructure for electric vehicles, and demand for EV batteries with improved efficiency may hamper the growth of the low-powered electric motorcycle and scooter industry over the forecast period.

Global Low-powered Electric Motorcycle and Scooter Market: Overview

Declining cost of Li-ion batteries
The battery is one of the key contributors to the overall cost of an electric motorcycle or scooter. The cost of Li-ion batteries has been declining over the years owing to the increasing popularity of electric-powered passenger cars and buses. Manufacturers are increasingly preferring efficient and economic Li-ion batteries to enhance vehicle production efficiency. The adoption of low-cost or economic Li-ion batteries aids in the minimization of the overall production cost incurred in manufacturing low-powered electric motorcycles and scooters. Furthermore, with lowering prices of raw materials such as battery-grade lithium carbonate and lithium hydroxide, the prices of Li-ion batteries are further likely to reduce during the forecast period. Thus, the declining cost of Li-ion batteries will lead to the expansion of the global low-powered electric motorcycle and scooter market at a CAGR of over 6% during the forecast period.

Emergence of all-electric off-road motorcycles
Off-road motorcycles or adventure motorcycles have started witnessing significant popularity in recent years. As a result, various prominent motorcycle manufacturers are increasingly focusing on the off-road segment and increasing their offerings by expanding their product portfolios. In addition, rising environmental awareness and governmental push for minimizing CO2 emissions are also likely to impact the electric off-road two-wheeler market segment positively during the forecast period. This development is expected to have a positive impact on the overall market growth.

Competitive Landscape
With the presence of several major players, the global low-powered electric motorcycle and scooter market is fragmented. The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading low-powered electric motorcycle and scooter manufacturers, that include Electrotherm Ltd., Greaves Cotton Ltd., Hero Electric Vehicles Pvt. Ltd., Mahindra & Mahindra Ltd., Niu Technologies, SONGUO MOTORS Co. Ltd., TACITA Srl, Z Electric Vehicle Corp., Zero Motorcycles Inc., and Zhejiang Luyuan Electric Vehicle Co. Ltd.

Also, the low-powered electric motorcycle and scooter market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Electrotherm Ltd.
  • Greaves Cotton Ltd.
  • Mahindra & Mahindra Ltd.
  • Niu Technologies
  • SONGUO MOTORS Co. Ltd.
  • TACITA Srl
  • MORE
PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT
  • Preface
  • Currency conversion rates for US$
PART 03: MARKET LANDSCAPE
  • Market ecosystem
  • Market characteristics
  • Value chain analysis
  • Market segmentation analysis
PART 04: MARKET SIZING
  • Market definition
  • Market sizing 2019
  • Market outlook
  • Market size and forecast 2019-2024
PART 05: FIVE FORCES ANALYSIS
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition
PART 06: MARKET SEGMENTATION BY VEHICLE TYPE
  • Market segmentation by vehicle type
  • Comparison by vehicle type
  • Electric scooters - Market size and forecast 2019-2024
  • Electric motorcycles - Market size and forecast 2019-2024
  • Market opportunity by vehicle type
PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE
  • Geographic segmentation
  • Geographic comparison
  • APAC - Market size and forecast 2019-2024
  • Europe - Market size and forecast 2019-2024
  • North America - Market size and forecast 2019-2024
  • South America - Market size and forecast 2019-2024
  • MEA - Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity
PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES
  • Market drivers
  • Market challenges
PART 11: MARKET TRENDS
  • Launching of electric two-wheelers by major two-wheeler manufacturers
  • Emergence of all-electric off-road motorcycles
  • Adoption of electric motorcycles and scooters for shared mobility and as
  • delivery fleets
PART 12: VENDOR LANDSCAPE
  • Overview
  • Landscape disruption
  • Competitive scenario
PART 13: VENDOR ANALYSIS
  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Electrotherm Ltd.
  • Greaves Cotton Ltd.
  • Hero Electric Vehicles Pvt. Ltd.
  • Mahindra & Mahindra Ltd.
  • Niu Technologies
  • SONGUO MOTORS Co. Ltd.
  • TACITA Srl
  • Z Electric Vehicle Corp.
  • Zero Motorcycles Inc.
  • Zhejiang Luyuan Electric Vehicle Co. Ltd.
PART 14: APPENDIX
  • Research methodology
  • List of abbreviations
  • Definition of market positioning of vendors
List of Exhibits
Exhibit 01: Global motorcycle market
Exhibit 02: Segments of global motorcycle market
Exhibit 03: Market characteristics
Exhibit 04: Market segments
Exhibit 05: Vendors: Key offerings
Exhibit 06: Market definition - Inclusions and exclusions checklist
Exhibit 07: Market size 2019
Exhibit 08: Global market: Size and forecast 2019-2024 (thousand units)
Exhibit 09: Global market: Year-over-year growth 2020-2024 (%)
Exhibit 10: Five forces analysis 2019
Exhibit 11: Five forces analysis 2024
Exhibit 12: Bargaining power of buyers
Exhibit 13: Bargaining power of suppliers
Exhibit 14: Threat of new entrants
Exhibit 15: Threat of substitutes
Exhibit 16: Threat of rivalry
Exhibit 17: Market condition - Five forces 2019
Exhibit 18: Vehicle type - Market share 2019-2024 (%)
Exhibit 19: Comparison by vehicle type
Exhibit 20: Electric scooters - Market size and forecast 2019-2024 (thousand units)
Exhibit 21: Electric scooters - Year-over-year growth 2020-2024 (%)
Exhibit 22: Electric motorcycles - Market size and forecast 2019-2024 (thousand units)
Exhibit 23: Electric motorcycles - Year-over-year growth 2020-2024 (%)
Exhibit 24: Market opportunity by vehicle type
Exhibit 25: Customer landscape
Exhibit 26: Market share by geography 2019-2024 (%)
Exhibit 27: Geographic comparison
Exhibit 28: APAC - Market size and forecast 2019-2024 (thousand units)
Exhibit 29: APAC - Year-over-year growth 2020-2024 (%)
Exhibit 30: Europe - Market size and forecast 2019-2024 (thousand units)
Exhibit 31: Europe - Year-over-year growth 2020-2024 (%)
Exhibit 32: North America - Market size and forecast 2019-2024 (thousand units)
Exhibit 33: North America - Year-over-year growth 2020-2024 (%)
Exhibit 34: South America - Market size and forecast 2019-2024 (thousand units)
Exhibit 35: South America - Year-over-year growth 2020-2024 (%)
Exhibit 36: MEA - Market size and forecast 2019-2024 (thousand units)
Exhibit 37: MEA - Year-over-year growth 2020-2024 (%)
Exhibit 38: Key leading countries
Exhibit 39: Market opportunity
Exhibit 40: Incentives on electric two-wheelers in the US and European countries
Exhibit 41: Impact of drivers and challenges
Exhibit 42: Vendor landscape
Exhibit 43: Landscape disruption
Exhibit 44: Vendors covered
Exhibit 45: Vendor classification
Exhibit 46: Market positioning of vendors
Exhibit 47: Electrotherm Ltd. - Vendor overview
Exhibit 48: Electrotherm Ltd. - Business segments
Exhibit 49: Electrotherm Ltd. - Geographic focus
Exhibit 50: Electrotherm Ltd. - Segment focus
Exhibit 51: Electrotherm Ltd. - Key offerings
Exhibit 52: Greaves Cotton Ltd. - Vendor overview
Exhibit 53: Greaves Cotton Ltd. - Business segments
Exhibit 54: Greaves Cotton Ltd. - Organizational developments
Exhibit 55: Greaves Cotton Ltd. - Geographic focus
Exhibit 56: Greaves Cotton Ltd. - Segment focus
Exhibit 57: Greaves Cotton Ltd. - Key offerings
Exhibit 58: Hero Electric Vehicles Pvt. Ltd. - Vendor overview
Exhibit 59: Hero Electric Vehicles Pvt. Ltd. - Product segments
Exhibit 60: Hero Electric Vehicles Pvt. Ltd. - Key offerings
Exhibit 61: Mahindra & Mahindra Ltd. - Vendor overview
Exhibit 62: Mahindra & Mahindra Ltd. - Business segments
Exhibit 63: Mahindra & Mahindra Ltd. - Organizational developments
Exhibit 64: Mahindra & Mahindra Ltd. - Geographic focus
Exhibit 65: Mahindra & Mahindra Ltd. - Segment focus
Exhibit 66: Mahindra & Mahindra Ltd. - Key offerings
Exhibit 67: Niu Technologies - Vendor overview
Exhibit 68: Niu Technologies - Organizational developments
Exhibit 69: Niu Technologies - Geographic focus
Exhibit 70: Niu Technologies - Key offerings
Exhibit 71: SONGUO MOTORS Co. Ltd. - Vendor overview
Exhibit 72: SONGUO MOTORS Co. Ltd. - Organizational developments
Exhibit 73: SONGUO MOTORS Co. Ltd. - Key offerings
Exhibit 74: TACITA Srl - Vendor overview
Exhibit 75: TACITA Srl - Organizational developments
Exhibit 76: TACITA Srl - Key offerings
Exhibit 77: Z Electric Vehicle Corp. - Vendor overview
Exhibit 78: Z Electric Vehicle Corp. - Product segments
Exhibit 79: Z Electric Vehicle Corp. - Key offerings
Exhibit 80: Zero Motorcycles Inc. - Vendor overview
Exhibit 81: Zero Motorcycles Inc. - Organizational developments
Exhibit 82: Zero Motorcycles Inc. - Key offerings
Exhibit 83: Zhejiang Luyuan Electric Vehicle Co. Ltd. - Vendor overview
Exhibit 84: Zhejiang Luyuan Electric Vehicle Co. Ltd. - Product segments
Exhibit 85: Zhejiang Luyuan Electric Vehicle Co. Ltd. - Key offerings
Exhibit 86: Validation techniques employed for market sizing
Exhibit 87: Definition of market positioning of vendors
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Electrotherm Ltd.
  • Greaves Cotton Ltd.
  • Mahindra & Mahindra Ltd.
  • Niu Technologies
  • SONGUO MOTORS Co. Ltd.
  • TACITA Srl
  • MORE
The following companies as the key players in the global low-powered electric motorcycle and scooter market: Electrotherm Ltd., Greaves Cotton Ltd., Hero Electric Vehicles Pvt. Ltd., Mahindra & Mahindra Ltd., Niu Technologies, SONGUO MOTORS Co. Ltd., TACITA Srl, Z Electric Vehicle Corp., Zero Motorcycles Inc., and Zhejiang Luyuan Electric Vehicle Co. Ltd.

Commenting on the report, an analyst from research team said: “The latest trend gaining momentum in the market is the emergence of all-electric off-road motorcycles.”

According to the report, one of the major drivers for this market is the declining cost of Li-ion batteries.

Further, the report states that one of the major factors hindering the growth of this market is the lack of adequate supporting infrastructure for electric vehicles.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Note: Product cover images may vary from those shown
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  • Electrotherm Ltd.
  • Greaves Cotton Ltd.
  • Hero Electric Vehicles Pvt. Ltd.
  • Mahindra & Mahindra Ltd.
  • Niu Technologies
  • SONGUO MOTORS Co. Ltd.
  • TACITA Srl
  • Z Electric Vehicle Corp.
  • Zero Motorcycles Inc.
  • Zhejiang Luyuan Electric Vehicle Co. Ltd.
Note: Product cover images may vary from those shown
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