Global Electric Scooter and Motorcycle Market – Industry Analysis and Forecast (2020-2027) – SoccerNurds Leave a comment


Global Electric Scooter and Motorcycle Market . 2019 has been considered as base year to estimate the market and same is forecasted through 2021 to 2026 by giving special focus and different treatment to 2020. The report forecast that by value Electric Scooter and Motorcycle market will touch USD XX Bn. by 2026. The report has covered the market drivers, restraints and fluctuations in demand in different countries by region with special focus on demand and supply from China, India, Taiwan in Asia and USA, France, UK, Russia in western countries. Government regulations, different government’s special incentives and trade agreements in countries are going to have moderate impact on the demand and supply on Electric Scooter and Motorcycle market.

Global Electric Scooter and Motorcycle Market

The Electric Scooter and Motorcycle faced several challenges in 2020 including Covid lock down and sudden decrease in demand for semiconductors, however, the demand is expected to normalize in 2021 and is expected to pick up in 2022, which is covered in the report in the growth drivers chapter.

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Electric Scooter and Motorcycle Market report is Segmented by

Global Electric Scooter and Motorcycle Market Insight by Product

On the basis of product, the electric scooters and motorcycles market is sub segmented into motorcycle and scooter. Among the products, scooters segment registered for the XX% share in the market because of increased acceptance in urban areas, and lightweight. Furthermore, the motorcycles segment is anticipated to grow at the XX% in the market owing to mounting demand for high-speed two-wheelers.

Global Electric Scooter and Motorcycle Market Insight by Battery Type

On the basis of battery type, the market is sub segmented into lithium-ion and sealed lead acid. Among the battery type, the sealed lead acid segment registered for the XX% share in the market owing to its low cost, and ease in compatibility. Moreover, the sealed lead acid segment is anticipated to grow at the XX% in the market because of lightweight, high charge efficiency, and technological benefits.

Global Electric Scooter and Motorcycle Market Insight by Voltage

On the basis of voltage, the market is sub segmented into 12V, 24V, 36V, and 48V. Among all voltages, 48V batteries registered for the XX% share in the market owing to the peak power output of these batteries, and higher compatibility. Additionally, 24V and 36V batteries are estimated to grow at the XX% in the market, because of high power range and persistent research and development in advancing the performance and speed of these vehicle.

Global Electric Scooter and Motorcycle Market Geographic Overview

Geographically, Asia-Pacific is the largest electric scooters and motorcycles market because of government support in the mode of permits, supports, and tax discounts. Increase urbanization, rising awareness about environmental pollution, traffic congestion, and increasing disposable income are also amplifying the growth of market in the region. Furthermore, China registered for the XX% share in the Asia-Pacific market, owing to the large population base. Also, availability of strong charging infrastructure and prompt urbanization are the factors boosting the growth of the China electric scooters and motorcycles market. Moreover, India is projected to grow at the XX% in the Asia-Pacific market. In North America, the electric bikes and scooters market is regulated by the U.S. Congress passed Public Law sections 107-319. This law affects to the modifications required for the consumer product safety act and defines strict regulations to be followed retrospect to the speed of electric bikes. As par this law, the electric motor of the vehicle must be <750 watts and the maximum speed of the bike driven by a person weighing 170 pounds should not exceed 20 mph. To obey with this law, the U.S. Consumer Product Safety Commission (CPSC) considers, admires and certifies bikes that meet this definition for manufacture and sale at the federal level. Hence, regulations such as these regulate the electric bikes and scooters market.

scope of the report Global Electric Scooter and Motorcycle Market:

The report covers the market leaders, followers and new entrants in the industry with the market dynamics by region. It will also help to understand the position of each player in the market by region, by segment with their expansion plans, R&D expenditure and organic & in-organic growth strategies. Long term association, strategic alliances, supply chain agreement and M&A activities are covered in the report in detail from 2014 to 2019. Expected alliances and agreement in forecast period will give future course of action in the market to the readers. More than ten companies are profiled, benchmarked in the report on different parameters that will help reader to gain insight about the market in minimum time. For example, In March 2019, German automotive and industrial supplier Schaeffler acquired Elmotec Statomat GmbH for an unrevealed amount. Through this acquisition, Schaeffler aims to develop and advance more rapidly and efficiently in the electric motors construction business, and at the same time, increase its e-mobility strategy. Elmotec Statomat GmbH is involved in the field of electric motors construction and winding technology. It was founded in 1998 and is headquartered in Karben, Germany.

The objective of the report is to present a comprehensive analysis of the Electric Scooter and Motorcycle Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants by Vehicle. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors by Vehicle on the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Electric Scooter and Motorcycle Market dynamics, structure by analyzing the market segments and project the Electric Scooter and Motorcycle Market size. Clear representation of competitive analysis of key players by Application, price, financial position, Product portfolio, growth strategies, and regional presence in the Electric Scooter and Motorcycle Market make the report investor’s guide.

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By region, Electric Scooter and Motorcycle Market is segmented by North America, South America, Europe, Middle East and APAC. The APAC market has further given the deep analysis of ASEAN countries separately in the report.

The report has profiled key players in the market by their size and presence by regions. Since, there are limitation to profile all the kay player, representation is given to companies by region, sales revenue, expenditure on technology, expansion plans, investments received, involved in M&A.

Browse Complete Electric Scooter and Motorcycle Report details with ToC and List Of Figures Here: https://www.maximizemarketresearch.com/market-report/global-electric-scooter-and-motorcycle-market/24391/

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