Global Electric Motorcycle and Scooter Market Expected To Grow At A CAGR of 5.3% Over 2016-2020

Date: 2016-09-23

Even though the Electric Motorcycle and Scooter have been growing slowly over the last couple of years, in the near term, sales volumes are likely to be low due to continued high costs for components and low levels of demand. Electric Motorcycle and Scooter is a technologies driven, more clear to say, it is highly affected by rechargeable batteries technology, the cost of components such as rechargeable batteries accounted for over 35% of per Electric Motorcycle and Scooter.

Yet, the market seems poised for growth in many regions later this decade as consumer markets continue to increase, new competitors enter, and suppliers increase capabilities.

According to research, Global Electric Motorcycle and Scooter Market Expected To Grow At A CAGR of 5.3% over 2016-2020.

On the basis of geography, the China is word largest market around the world; however, since policies and demand in China indicate reduced sales in that country, the e-motorcycle and e-scooter markets are growing in other regions. Consumers are seeking refuge from higher gasoline prices, e-PTW vehicles are growing more mature, and cities are becoming increasingly congested with traffic.

In addition, Chinese companies are newly offering impressive e maxi scooters and three wheel cars and car-like vehicles and at one third of the price. Leaders in sales such as Zero Motorcycles, Xiaoniu and Brammo are achieving increased sales and going global and there is now a steady stream of new companies offering all these vehicles and most of them have production coming on-stream in 2016-2020.

Electric Motorcycle and Scooter market share by region as following:


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Joanna | Executive – International Business and partner Relations
E-mail: | Tel: 510-400-8520

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