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Electric Motorcycle & Scooters (EMS) Market Share

Report ID: GMI218
Published Date: Feb 2024
Report Format: PDF

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Electric Motorcycle & Scooters Market Share

Jiangsu Xinri E-vehicle Co., Ltd and KTM Sport motorcycle GmbH holds over 10% of global electric motorcycle and scooters industry. Jiangsu Xinri E-vehicle Co., Ltd. is currently investing heavily in the development of a charging station network to reduce customer range anxiety and encourage the use of electric motorbikes & scooters. Collaboration with governments, corporations, and other stakeholders may speed up the construction of charging infrastructure.

KTM Sport motorcycle GmbH has a very strong brand recognition and an established reputation in the high-performance motorcycle market. It can introduce a range of electric motorcycles that cater to different performance and price segments. This will enable the company to cater to the existing customers while attracting new ones.

Electric Motorcycle & Scooters Market Companies

Major companies operating in the electric motorcycle and scooters industry are:

AIMA Technology Group Co., Ltd.
Ampere Vehicles Pvt Ltd.
Energica Motor Company S.p.A
GOVECS AG
Harley Davidson
Hero Electric
Jiangsu Xinri E-vehicle Co., Ltd.
KTM Sport motorcycle GmbH
Niu Technologies
SUNRA
Tailing Electric Vehicle Co., Ltd.
Terra Motors Corporation
Vmoto Limited
Yadea Technology Group Co., Ltd.

Authors: Preeti Wadhwani, Aishvarya Ambekar

Frequently Asked Questions (FAQ) :

The market size of electric motorcycle and scooters reached USD 35 billion in 2023 and is set to witness over 5% CAGR from 2024 to 2032, owing to the increased focus on sustainability and the rising government investments in the construction of charging infrastructure worldwide.

The scooters segment recorded around 67% of the market share in 2023, due to advancements in battery technology, charging infrastructure, and government initiatives that promote electric mobility.

Asia Pacific held over 95% of the market share in 2023, attributed to supportive government policies, technological advancements, and the growing consumer awareness in the region.

Energica Motor Company S.p.A, GOVECS AG, Harley Davidson, Hero Electric, Jiangsu Xinri E-vehicle Co., Ltd., KTM Sport motorcycle GmbH, Niu Technologies, SUNRA, and Tailing Electric Vehicle Co., Ltd. are some of the major electric motorcycle and scooters companies worldwide.