Electric Two-wheeler Market
Electric Two-wheeler Market - Global Industry Assessment & Forecast
Segments Covered
- By Vehicle Type Electric Motorcycle, Electric Scooter
- By Battery SLA, Li-lon
- By Motor Placement Hub-motor, Frame-mounted Motor
- By Motor Power 48 V, 60 V, 72 V, Other Motor Powers
- By Motor Speed Below 3.5kW, 3.5-6.5kW, Above 6.5kW
- By Region North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Snapshot
Base Year: | 2023 |
Forecast Years: | 2024 - 2032 |
Historical Years: | 2018 - 2022 |
Revenue 2023: | USD 74.01 Billion |
Revenue 2032: | USD 124.02 Billion |
Revenue CAGR (2024 - 2032): | 5.9% |
Fastest Growing Region (2024 - 2032) | Europe |
Largest Region (2023): | Asia Pacific |
Customization Offered
- Cross-segment Market Size and Analysis for Mentioned Segments
- Additional Company Profiles (Upto 5 With No Cost)
- Additional Countries (Apart From Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request Customization Speak To Analyst
Electric Two-wheeler Market Segment Analysis
- Electric Two-wheeler Vehicle Type Outlook (Revenue, USD Million, 2018 - 2030)
- Electric Motorcycle
- Electric Scooter
- Electric Two-wheeler Battery Outlook (Revenue, USD Million, 2018 - 2030)
- SLA
- Li-lon
- Electric Two-wheeler Motor Placement Outlook (Revenue, USD Million, 2018 - 2030)
- Hub-motor
- Frame-mounted Motor
- Electric Two-wheeler Motor Power Outlook (Revenue, USD Million, 2018 - 2030)
- 48 V
- 60 V
- 72 V
- Other Motor Powers
- Electric Two-wheeler Motor Speed Outlook (Revenue, USD Million, 2018 - 2030)
- Below 3.5kW
- 3.5-6.5kW
- Above 6.5kW
-
Regional Outlook (Revenue, USD Billion/Million, 2018 - 2030)
- North America
-
North America Electric Two-wheeler Market, by Vehicle Type
- Electric Motorcycle
- Electric Scooter
-
North America Electric Two-wheeler Market, by Battery
- SLA
- Li-lon
-
North America Electric Two-wheeler Market, by Motor Placement
- Hub-motor
- Frame-mounted Motor
-
North America Electric Two-wheeler Market, by Motor Power
- 48 V
- 60 V
- 72 V
- Other Motor Powers
-
North America Electric Two-wheeler Market, by Motor Speed
- Below 3.5kW
- 3.5-6.5kW
- Above 6.5kW
- U.S.
- U.S. Electric Two-wheeler Market, by Vehicle Type
- Electric Motorcycle
- Electric Scooter
- U.S. Electric Two-wheeler Market, by Battery
- SLA
- Li-lon
- U.S. Electric Two-wheeler Market, by Motor Placement
- Hub-motor
- Frame-mounted Motor
- U.S. Electric Two-wheeler Market, by Motor Power
- 48 V
- 60 V
- 72 V
- Other Motor Powers
- U.S. Electric Two-wheeler Market, by Motor Speed
- Below 3.5kW
- 3.5-6.5kW
- Above 6.5kW
- U.S. Electric Two-wheeler Market, by Vehicle Type
- Canada
- Canada Electric Two-wheeler Market, by Vehicle Type
- Electric Motorcycle
- Electric Scooter
- Canada Electric Two-wheeler Market, by Battery
- SLA
- Li-lon
- Canada Electric Two-wheeler Market, by Motor Placement
- Hub-motor
- Frame-mounted Motor
- Canada Electric Two-wheeler Market, by Motor Power
- 48 V
- 60 V
- 72 V
- Other Motor Powers
- Canada Electric Two-wheeler Market, by Motor Speed
- Below 3.5kW
- 3.5-6.5kW
- Above 6.5kW
- Canada Electric Two-wheeler Market, by Vehicle Type
-
Mexico
- Mexico Electric Two-wheeler Market, by Vehicle Type
- Electric Motorcycle
- Electric Scooter
- Mexico Electric Two-wheeler Market, by Battery
- SLA
- Li-lon
- Mexico Electric Two-wheeler Market, by Motor Placement
- Hub-motor
- Frame-mounted Motor
- Mexico Electric Two-wheeler Market, by Motor Power
- 48 V
- 60 V
- 72 V
- Other Motor Powers
- Mexico Electric Two-wheeler Market, by Motor Speed
- Below 3.5kW
- 3.5-6.5kW
- Above 6.5kW
- Mexico Electric Two-wheeler Market, by Vehicle Type
-
North America Electric Two-wheeler Market, by Vehicle Type
- Europe
-
Europe Electric Two-wheeler Market, by Vehicle Type
- Electric Motorcycle
- Electric Scooter
-
Europe Electric Two-wheeler Market, by Battery
- SLA
- Li-lon
-
Europe Electric Two-wheeler Market, by Motor Placement
- Hub-motor
- Frame-mounted Motor
-
Europe Electric Two-wheeler Market, by Motor Power
- 48 V
- 60 V
- 72 V
- Other Motor Powers
-
Europe Electric Two-wheeler Market, by Motor Speed
- Below 3.5kW
- 3.5-6.5kW
- Above 6.5kW
- U. K.
- U.K. Electric Two-wheeler Market, by Vehicle Type
- Electric Motorcycle
- Electric Scooter
- U.K. Electric Two-wheeler Market, by Battery
- SLA
- Li-lon
- U.K. Electric Two-wheeler Market, by Motor Placement
- Hub-motor
- Frame-mounted Motor
- U.K. Electric Two-wheeler Market, by Motor Power
- 48 V
- 60 V
- 72 V
- Other Motor Powers
- U.K. Electric Two-wheeler Market, by Motor Speed
- Below 3.5kW
- 3.5-6.5kW
- Above 6.5kW
- U.K. Electric Two-wheeler Market, by Vehicle Type
- France
- France Electric Two-wheeler Market, by Vehicle Type
- Electric Motorcycle
- Electric Scooter
- France Electric Two-wheeler Market, by Battery
- SLA
- Li-lon
- France Electric Two-wheeler Market, by Motor Placement
- Hub-motor
- Frame-mounted Motor
- France Electric Two-wheeler Market, by Motor Power
- 48 V
- 60 V
- 72 V
- Other Motor Powers
- France Electric Two-wheeler Market, by Motor Speed
- Below 3.5kW
- 3.5-6.5kW
- Above 6.5kW
- France Electric Two-wheeler Market, by Vehicle Type
-
Germany
- Germany Electric Two-wheeler Market, by Vehicle Type
- Electric Motorcycle
- Electric Scooter
- Germany Electric Two-wheeler Market, by Battery
- SLA
- Li-lon
- Germany Electric Two-wheeler Market, by Motor Placement
- Hub-motor
- Frame-mounted Motor
- Germany Electric Two-wheeler Market, by Motor Power
- 48 V
- 60 V
- 72 V
- Other Motor Powers
- Germany Electric Two-wheeler Market, by Motor Speed
- Below 3.5kW
- 3.5-6.5kW
- Above 6.5kW
- Germany Electric Two-wheeler Market, by Vehicle Type
-
Italy
- Italy Electric Two-wheeler Market, by Vehicle Type
- Electric Motorcycle
- Electric Scooter
- Italy Electric Two-wheeler Market, by Battery
- SLA
- Li-lon
- Italy Electric Two-wheeler Market, by Motor Placement
- Hub-motor
- Frame-mounted Motor
- Italy Electric Two-wheeler Market, by Motor Power
- 48 V
- 60 V
- 72 V
- Other Motor Powers
- Italy Electric Two-wheeler Market, by Motor Speed
- Below 3.5kW
- 3.5-6.5kW
- Above 6.5kW
- Italy Electric Two-wheeler Market, by Vehicle Type
-
Spain
- Spain Electric Two-wheeler Market, by Vehicle Type
- Electric Motorcycle
- Electric Scooter
- Spain Electric Two-wheeler Market, by Battery
- SLA
- Li-lon
- Spain Electric Two-wheeler Market, by Motor Placement
- Hub-motor
- Frame-mounted Motor
- Spain Electric Two-wheeler Market, by Motor Power
- 48 V
- 60 V
- 72 V
- Other Motor Powers
- Spain Electric Two-wheeler Market, by Motor Speed
- Below 3.5kW
- 3.5-6.5kW
- Above 6.5kW
- Spain Electric Two-wheeler Market, by Vehicle Type
-
Rest of Europe
- Rest of Europe Electric Two-wheeler Market, by Vehicle Type
- Electric Motorcycle
- Electric Scooter
- Rest of Europe Electric Two-wheeler Market, by Battery
- SLA
- Li-lon
- Rest of Europe Electric Two-wheeler Market, by Motor Placement
- Hub-motor
- Frame-mounted Motor
- Rest of Europe Electric Two-wheeler Market, by Motor Power
- 48 V
- 60 V
- 72 V
- Other Motor Powers
- Rest of Europe Electric Two-wheeler Market, by Motor Speed
- Below 3.5kW
- 3.5-6.5kW
- Above 6.5kW
- Rest of Europe Electric Two-wheeler Market, by Vehicle Type
-
Europe Electric Two-wheeler Market, by Vehicle Type
- Asia Pacific
-
Asia Pacific Electric Two-wheeler Market, by Vehicle Type
- Electric Motorcycle
- Electric Scooter
-
Asia Pacific Electric Two-wheeler Market, by Battery
- SLA
- Li-lon
-
Asia Pacific Electric Two-wheeler Market, by Motor Placement
- Hub-motor
- Frame-mounted Motor
-
Asia Pacific Electric Two-wheeler Market, by Motor Power
- 48 V
- 60 V
- 72 V
- Other Motor Powers
-
Asia Pacific Electric Two-wheeler Market, by Motor Speed
- Below 3.5kW
- 3.5-6.5kW
- Above 6.5kW
- China
- China Electric Two-wheeler Market, by Vehicle Type
- Electric Motorcycle
- Electric Scooter
- China Electric Two-wheeler Market, by Battery
- SLA
- Li-lon
- China Electric Two-wheeler Market, by Motor Placement
- Hub-motor
- Frame-mounted Motor
- China Electric Two-wheeler Market, by Motor Power
- 48 V
- 60 V
- 72 V
- Other Motor Powers
- China Electric Two-wheeler Market, by Motor Speed
- Below 3.5kW
- 3.5-6.5kW
- Above 6.5kW
- China Electric Two-wheeler Market, by Vehicle Type
- Japan
- Japan Electric Two-wheeler Market, by Vehicle Type
- Electric Motorcycle
- Electric Scooter
- Japan Electric Two-wheeler Market, by Battery
- SLA
- Li-lon
- Japan Electric Two-wheeler Market, by Motor Placement
- Hub-motor
- Frame-mounted Motor
- Japan Electric Two-wheeler Market, by Motor Power
- 48 V
- 60 V
- 72 V
- Other Motor Powers
- Japan Electric Two-wheeler Market, by Motor Speed
- Below 3.5kW
- 3.5-6.5kW
- Above 6.5kW
- Japan Electric Two-wheeler Market, by Vehicle Type
-
Germany
- Germany Electric Two-wheeler Market, by Vehicle Type
- Electric Motorcycle
- Electric Scooter
- Germany Electric Two-wheeler Market, by Battery
- SLA
- Li-lon
- Germany Electric Two-wheeler Market, by Motor Placement
- Hub-motor
- Frame-mounted Motor
- Germany Electric Two-wheeler Market, by Motor Power
- 48 V
- 60 V
- 72 V
- Other Motor Powers
- Germany Electric Two-wheeler Market, by Motor Speed
- Below 3.5kW
- 3.5-6.5kW
- Above 6.5kW
- Germany Electric Two-wheeler Market, by Vehicle Type
-
India
- India Electric Two-wheeler Market, by Vehicle Type
- Electric Motorcycle
- Electric Scooter
- India Electric Two-wheeler Market, by Battery
- SLA
- Li-lon
- India Electric Two-wheeler Market, by Motor Placement
- Hub-motor
- Frame-mounted Motor
- India Electric Two-wheeler Market, by Motor Power
- 48 V
- 60 V
- 72 V
- Other Motor Powers
- India Electric Two-wheeler Market, by Motor Speed
- Below 3.5kW
- 3.5-6.5kW
- Above 6.5kW
- India Electric Two-wheeler Market, by Vehicle Type
-
South Korea
- South Korea Electric Two-wheeler Market, by Vehicle Type
- Electric Motorcycle
- Electric Scooter
- South Korea Electric Two-wheeler Market, by Battery
- SLA
- Li-lon
- South Korea Electric Two-wheeler Market, by Motor Placement
- Hub-motor
- Frame-mounted Motor
- South Korea Electric Two-wheeler Market, by Motor Power
- 48 V
- 60 V
- 72 V
- Other Motor Powers
- South Korea Electric Two-wheeler Market, by Motor Speed
- Below 3.5kW
- 3.5-6.5kW
- Above 6.5kW
- South Korea Electric Two-wheeler Market, by Vehicle Type
-
South East Asia
- South East Asia Electric Two-wheeler Market, by Vehicle Type
- Electric Motorcycle
- Electric Scooter
- South East Asia Electric Two-wheeler Market, by Battery
- SLA
- Li-lon
- South East Asia Electric Two-wheeler Market, by Motor Placement
- Hub-motor
- Frame-mounted Motor
- South East Asia Electric Two-wheeler Market, by Motor Power
- 48 V
- 60 V
- 72 V
- Other Motor Powers
- South East Asia Electric Two-wheeler Market, by Motor Speed
- Below 3.5kW
- 3.5-6.5kW
- Above 6.5kW
- South East Asia Electric Two-wheeler Market, by Vehicle Type
-
Rest of Asia Pacific
- Rest of Asia Pacific Electric Two-wheeler Market, by Vehicle Type
- Electric Motorcycle
- Electric Scooter
- Rest of Asia Pacific Electric Two-wheeler Market, by Battery
- SLA
- Li-lon
- Rest of Asia Pacific Electric Two-wheeler Market, by Motor Placement
- Hub-motor
- Frame-mounted Motor
- Rest of Asia Pacific Electric Two-wheeler Market, by Motor Power
- 48 V
- 60 V
- 72 V
- Other Motor Powers
- Rest of Asia Pacific Electric Two-wheeler Market, by Motor Speed
- Below 3.5kW
- 3.5-6.5kW
- Above 6.5kW
- Rest of Asia Pacific Electric Two-wheeler Market, by Vehicle Type
-
Asia Pacific Electric Two-wheeler Market, by Vehicle Type
- Latin America
-
Latin America Electric Two-wheeler Market, by Vehicle Type
- Electric Motorcycle
- Electric Scooter
-
Latin America Electric Two-wheeler Market, by Battery
- SLA
- Li-lon
-
Latin America Electric Two-wheeler Market, by Motor Placement
- Hub-motor
- Frame-mounted Motor
-
Latin America Electric Two-wheeler Market, by Motor Power
- 48 V
- 60 V
- 72 V
- Other Motor Powers
-
Latin America Electric Two-wheeler Market, by Motor Speed
- Below 3.5kW
- 3.5-6.5kW
- Above 6.5kW
- Brazil
- Brazil Electric Two-wheeler Market, by Vehicle Type
- Electric Motorcycle
- Electric Scooter
- Brazil Electric Two-wheeler Market, by Battery
- SLA
- Li-lon
- Brazil Electric Two-wheeler Market, by Motor Placement
- Hub-motor
- Frame-mounted Motor
- Brazil Electric Two-wheeler Market, by Motor Power
- 48 V
- 60 V
- 72 V
- Other Motor Powers
- Brazil Electric Two-wheeler Market, by Motor Speed
- Below 3.5kW
- 3.5-6.5kW
- Above 6.5kW
- Brazil Electric Two-wheeler Market, by Vehicle Type
- Argentina
- Argentina Electric Two-wheeler Market, by Vehicle Type
- Electric Motorcycle
- Electric Scooter
- Argentina Electric Two-wheeler Market, by Battery
- SLA
- Li-lon
- Argentina Electric Two-wheeler Market, by Motor Placement
- Hub-motor
- Frame-mounted Motor
- Argentina Electric Two-wheeler Market, by Motor Power
- 48 V
- 60 V
- 72 V
- Other Motor Powers
- Argentina Electric Two-wheeler Market, by Motor Speed
- Below 3.5kW
- 3.5-6.5kW
- Above 6.5kW
- Argentina Electric Two-wheeler Market, by Vehicle Type
-
Rest of Latin America
- Rest of Latin America Electric Two-wheeler Market, by Vehicle Type
- Electric Motorcycle
- Electric Scooter
- Rest of Latin America Electric Two-wheeler Market, by Battery
- SLA
- Li-lon
- Rest of Latin America Electric Two-wheeler Market, by Motor Placement
- Hub-motor
- Frame-mounted Motor
- Rest of Latin America Electric Two-wheeler Market, by Motor Power
- 48 V
- 60 V
- 72 V
- Other Motor Powers
- Rest of Latin America Electric Two-wheeler Market, by Motor Speed
- Below 3.5kW
- 3.5-6.5kW
- Above 6.5kW
- Rest of Latin America Electric Two-wheeler Market, by Vehicle Type
-
Latin America Electric Two-wheeler Market, by Vehicle Type
- Middle East & Africa
-
Middle East & Africa Electric Two-wheeler Market, by Vehicle Type
- Electric Motorcycle
- Electric Scooter
-
Middle East & Africa Electric Two-wheeler Market, by Battery
- SLA
- Li-lon
-
Middle East & Africa Electric Two-wheeler Market, by Motor Placement
- Hub-motor
- Frame-mounted Motor
-
Middle East & Africa Electric Two-wheeler Market, by Motor Power
- 48 V
- 60 V
- 72 V
- Other Motor Powers
-
Middle East & Africa Electric Two-wheeler Market, by Motor Speed
- Below 3.5kW
- 3.5-6.5kW
- Above 6.5kW
- GCC Countries
- GCC Countries Electric Two-wheeler Market, by Vehicle Type
- Electric Motorcycle
- Electric Scooter
- GCC Countries Electric Two-wheeler Market, by Battery
- SLA
- Li-lon
- GCC Countries Electric Two-wheeler Market, by Motor Placement
- Hub-motor
- Frame-mounted Motor
- GCC Countries Electric Two-wheeler Market, by Motor Power
- 48 V
- 60 V
- 72 V
- Other Motor Powers
- GCC Countries Electric Two-wheeler Market, by Motor Speed
- Below 3.5kW
- 3.5-6.5kW
- Above 6.5kW
- GCC Countries Electric Two-wheeler Market, by Vehicle Type
- South Africa
- South Africa Electric Two-wheeler Market, by Vehicle Type
- Electric Motorcycle
- Electric Scooter
- South Africa Electric Two-wheeler Market, by Battery
- SLA
- Li-lon
- South Africa Electric Two-wheeler Market, by Motor Placement
- Hub-motor
- Frame-mounted Motor
- South Africa Electric Two-wheeler Market, by Motor Power
- 48 V
- 60 V
- 72 V
- Other Motor Powers
- South Africa Electric Two-wheeler Market, by Motor Speed
- Below 3.5kW
- 3.5-6.5kW
- Above 6.5kW
- South Africa Electric Two-wheeler Market, by Vehicle Type
-
Rest of Middle East & Africa
- Rest of Middle East & Africa Electric Two-wheeler Market, by Vehicle Type
- Electric Motorcycle
- Electric Scooter
- Rest of Middle East & Africa Electric Two-wheeler Market, by Battery
- SLA
- Li-lon
- Rest of Middle East & Africa Electric Two-wheeler Market, by Motor Placement
- Hub-motor
- Frame-mounted Motor
- Rest of Middle East & Africa Electric Two-wheeler Market, by Motor Power
- 48 V
- 60 V
- 72 V
- Other Motor Powers
- Rest of Middle East & Africa Electric Two-wheeler Market, by Motor Speed
- Below 3.5kW
- 3.5-6.5kW
- Above 6.5kW
- Rest of Middle East & Africa Electric Two-wheeler Market, by Vehicle Type
-
Middle East & Africa Electric Two-wheeler Market, by Vehicle Type
- North America
FAQ
Frequently Asked Question
What is the global demand for Electric Two-wheeler in terms of revenue?
-
The global Electric Two-wheeler valued at USD 74.01 Billion in 2023 and is expected to reach USD 124.02 Billion in 2032 growing at a CAGR of 5.9%.
Which are the prominent players in the market?
-
The prominent players in the market are Yamaha Motor Co. Ltd. (Japan), Hero Electric (India), Zero Motorcycles (U.S.), Vmoto Limited (Australia), Emco Electroroller GmbH (Germany), Pedego Electric Bikes (U.S.), Honda Motor Co. Ltd. (Japan), Piaggio (Italy), Ather Energy (India), Revolt Motors (India), Ola Electric (India).
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 5.9% between 2024 and 2032.
What are the driving factors fueling the growth of the market.
-
The driving factors of the Electric Two-wheeler include
- Advancement through Battery Swapping Implementation boost the Electric Two Wheeler market
Which region accounted for the largest share in the market?
-
Asia Pacific was the leading regional segment of the Electric Two-wheeler in 2023.