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Written by George Buttler » Updated on: January 09th, 2025
According to the report by Expert Market Research (EMR), the global electric scooter and motorcycle market size reached approximately 1,697.67 thousand units in 2024. Driven by the growing adoption of sustainable transportation solutions and the increasing advancements in electric vehicle (EV) technology, the market is projected to grow at a CAGR of 35% between 2025 and 2034, reaching a volume of around 25,285.23 thousand units by 2034.
Electric scooters and motorcycles represent a transformative shift in urban mobility, offering a sustainable, cost-effective, and eco-friendly alternative to traditional internal combustion engine (ICE) vehicles. These vehicles run on rechargeable batteries and are designed to reduce greenhouse gas emissions, improve energy efficiency, and cater to the growing demand for clean transportation solutions. Their applications range from personal commuting to commercial and fleet operations, making them a crucial component of the evolving mobility ecosystem.
The global shift toward environmental sustainability is a significant factor propelling the electric scooter and motorcycle market. Increasing concerns over climate change, air pollution, and depleting fossil fuel resources have led to stringent emission regulations and policies promoting the adoption of EVs. Governments worldwide are implementing subsidies, tax benefits, and incentives to encourage the adoption of electric two-wheelers, further boosting market growth.
Additionally, the rising cost of gasoline and diesel fuels has enhanced the attractiveness of electric scooters and motorcycles as cost-effective alternatives. The affordability of electricity as a fuel source, combined with the low maintenance costs associated with electric vehicles, has contributed to their growing popularity among consumers and businesses alike.
The increasing urbanisation and traffic congestion in metropolitan areas are also key factors driving demand for compact and efficient electric two-wheelers. With their lightweight design and ease of navigation, these vehicles are becoming the preferred choice for last-mile connectivity and short-distance travel.
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The electric scooter and motorcycle market is witnessing rapid technological advancements, leading to the development of high-performance, feature-rich vehicles. Innovations in battery technology, such as the adoption of lithium-ion and solid-state batteries, have significantly improved the range, charging speed, and lifespan of electric two-wheelers. These advancements have addressed major consumer concerns, making electric vehicles more viable for daily commuting.
The integration of smart features, such as IoT-enabled systems, GPS tracking, and smartphone connectivity, has further enhanced the appeal of electric scooters and motorcycles. These features provide users with real-time vehicle data, navigation assistance, and remote monitoring capabilities, contributing to a seamless and intelligent riding experience.
Moreover, advancements in motor efficiency and regenerative braking systems are enabling manufacturers to develop electric two-wheelers with improved energy efficiency and performance. The introduction of lightweight materials and aerodynamic designs has also enhanced vehicle speed and energy consumption.
Electric scooters and motorcycles are gaining traction across diverse applications beyond personal commuting. The e-commerce and logistics sectors are increasingly adopting electric two-wheelers for last-mile delivery services due to their cost efficiency, zero emissions, and ability to navigate congested urban environments. This trend is expected to drive substantial market growth in the coming years.
The tourism and rental industries are also capitalising on the growing demand for eco-friendly transportation options. Many cities and tourist destinations now offer electric scooters and motorcycles for short-term rentals, catering to environmentally conscious travellers and residents.
In developing regions, electric two-wheelers are emerging as a solution to inadequate public transportation infrastructure, providing an affordable and efficient means of mobility. These vehicles are also being adopted by ride-sharing platforms, further expanding their market reach.
The market can be divided based on product, battery type, technology, voltage, and region.
Market Breakup by Product
Market Breakup by Battery Type
Market Breakup by Technology
Market Breakup by Voltage
Market Breakup by Region
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global electric scooter and motorcycle market. Some of the major players explored in the report by Expert Market Research are as follows:
Despite their numerous advantages, electric scooter and motorcycle market face challenges that could impact market growth. High initial costs, limited charging infrastructure, and long charging times remain significant barriers to widespread adoption, particularly in emerging economies. However, these challenges are being mitigated by ongoing investments in EV infrastructure and government initiatives to expand charging networks.
Battery recycling and disposal present environmental challenges that need to be addressed to ensure the sustainability of electric two-wheelers. Industry stakeholders are increasingly focusing on developing circular economy solutions, such as battery reuse and recycling programs, to minimise waste and reduce environmental impact.
The market also presents significant opportunities for growth, particularly in untapped regions with high demand for affordable and sustainable mobility solutions. The increasing focus on localisation of manufacturing and supply chains, coupled with government support, is expected to create a favourable environment for market expansion.
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