Electric motorcycle and scooters market size to attain USD 61.73 billion by 2034

According to Precedence Research, the global electric motorcycle and scooter market size is valued at USD 39.83 billion in 2025 and is projected to reach around USD 61.73 billion by 2034, growing at a CAGR of 4.99% from 2025 to 2034. The Asia Pacific electric motorcycle and scooter market size surpassed USD 35.85 billion in 2025 and is expected to expand at a CAGR of 5.05% during the forecast period. The electric motorcycle and scooters market is rapidly growing due to rising demand for sustainable, low-emission transportation. These vehicles are gaining popularity due to their cost efficiency, convenience, and environmental benefits. Urbanisation and increasing traffic congestion are also pushing consumers toward electric two-wheelers as an innovative mobility solution.
Electric Motorcycle and Scooters Market Key Points
- Asia Pacific accounted for over 90% of the market share in 2024.
- North America is projected to grow at the fastest CAGR from 2025 to 2034.
- By product, the scooters segment held the largest market share of 68% in 2024.
- By product, the motorcycle segment is expected to witness significant growth between 2025 and 2034.
- By battery type, the lithium-ion (Li-ion) battery segment contributed more than 88% of the market share in 2024.
- By battery type, the SLA segment is anticipated to register the highest CAGR during the forecast period.
- By voltage, the 36V segment dominated the market in 2024.
- By voltage, the 48V segment is expected to grow at the fastest rate throughout the projected period.
How Is AI Powering the Future of Electric Motorcycles and Scooters?
Artificial Intelligence (AI) is playing a transformative role in the electric motorcycles and scooters market by enhancing performance, safety, and user experience. AI-powered systems are being used to optimise energy management, enabling smarter battery usage and more extended range by analysing rider behaviour and adjusting power consumption in real-time. Predictive maintenance is another key application, where AI monitors the vehicle’s condition through sensors and alerts users about potential issues before they become serious, thereby reducing downtime and repair costs. Additionally, AI is enabling advanced safety features such as collision detection, lane assistance, and adaptive cruise control, which are becoming more common in premium models. AI also supports voice-activated commands, route optimisation based on traffic data, and personalised riding experiences through connected apps. As connectivity becomes a standard feature, AI-driven data analytics are helping manufacturers improve product design, enhance customer service, and create smarter, more efficient urban mobility solutions.
Electric Motorcycles and Scooters: Features, Benefits, and Market Insights
Electric motorcycles and scooters are two- or three-wheeled plug-in electric vehicles powered by rechargeable batteries that drive one or more electric motors. Electric scooters typically feature a step-through frame and are designed for urban commuting, whereas electric motorcycles often have a straddled frame and typically offer higher performance. Most use lithium-ion batteries, prized for their high energy density and faster charging capabilities, although some models employ alternatives like lead-acid or emerging battery technologies, such as lithium titanium oxide, which enable rapid charging and extended battery life.
In terms of performance, electric motorcycles and scooters generally match gasoline-powered equivalents in acceleration and handling, often with instant torque delivery. However, they face limitations in range due to battery capacity, with typical ranges varying from around 40 miles (64 km) for budget models to over 160 miles (259 km) for high-end vehicles. Charging times remain longer than refuelling gasoline bikes, ranging from about an hour for smaller batteries to several hours for larger ones.
Electric two-wheelers are significantly quieter than their gasoline counterparts, reducing noise pollution but raising safety concerns for pedestrians; some models incorporate artificial sounds to address this issue. Key components include the battery pack (typically lithium-ion), electric motors (either hub- or frame-mounted), and controllers that regulate power delivery.
The market offers a variety of models, from compact scooters suited for short urban trips to motorcycles designed for longer distances and higher speeds. Popular electric scooters in markets like India include models such as Bajaj Chetak, TVS iQube, Ola S1 Pro, and Honda Activa e, which emphasise affordability, battery range, and innovative features like connectivity and GPS.
Regional Outlook of Electric Motorcycle and Scooters Market
Asia-Pacific
The Asia-Pacific region dominated the electric motorcycle and scooter market in 2024, holding a 90% share. The market size in the Asia-Pacific region was estimated at USD 34.14 billion in 2024 and is projected to reach approximately USD 55.86 billion by 2034, growing at a compound annual growth rate (CAGR) of 5.05% from 2025 to 2034. This is due to high adoption rates of electric two-wheelers, driven by factors like urbanisation and government initiatives promoting electric vehicles.
North America
North America is experiencing rapid growth in the electric motorcycle and scooter market. Increasing environmental consciousness, government incentives, and stricter emission regulations are driving consumers toward more eco-friendly transportation options. Advancements in battery technology and charging infrastructure are also making electric vehicles more practical and convenient. Rising urbanisation and traffic congestion further boost demand for electric motorcycles and scooters in cities.
Europe
Europe is also experiencing significant growth in the electric motorcycle and scooter market. Stringent emission regulations, rising environmental concerns, and government incentives are driving the demand for eco-friendly transportation options. Urbanisation and traffic congestion are prompting consumers to seek efficient and sustainable mobility solutions like electric two-wheelers. Technological advancements, coupled with increasing consumer awareness and acceptance of electric vehicles, are further fueling growth.. Get a Free Sample Copy of the Report@
Market Scope
Report Coverage | Details |
Growth Rate from 2025 to 2034 | CAGR of 4.99% |
Market Size in 2025 | USD 39.83 Billion |
Market Size by 2034 | USD 61.73 Billion |
Largest Market | Asia Pacific |
Base Year | 2024 |
Forecast Period | 2025 to 2034 |
Segments Covered | By Product, By Battery, and By Voltage |
Regions Covered | North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa |
What Are the Key Drivers of Market Growth? Government incentives, subsidies, and strict emission regulations are major drivers. Technological advancements in battery performance, vehicle range, and lightweight materials are further boosting adoption. The rising cost of fuel and growing environmental awareness are also contributing to this shift. What Opportunities Exist in the Market? There is strong potential in AI-powered innovative features, connected mobility, and subscription-based models. Markets in developing nations offer substantial growth opportunities due to their large populations and demand for affordable transportation. Battery swapping and modular vehicle designs are also gaining attention. What Are the Main Challenges Facing the Market? Key challenges include limited charging infrastructure, high upfront costs, and consumer concerns about battery life and range. Standardisation issues and battery recycling regulations also present hurdles to long-term market scalability.
Electric Motorcycle and Scooters Market – Segmental Analysis
Product Insights
Scooters: This segment held the highest market share of 68%. Scooters in the electric motorcycle & scooters market refer to two-wheeled vehicles powered by electric motors, designed for single riders and short-distance urban commuting. They typically feature a step-through frame and a platform for the rider’s feet.
Trends in the electric scooter segment include the development of lightweight and compact models, improved battery technology for extended range, integration of innovative features such as connectivity and navigation systems, and customisation options to appeal to diverse consumer preferences.
Motorcycles: The motorcycle segment is expected to experience rapid growth at a significant compound annual growth rate (CAGR) of 6.4% during the projected period.
Battery Insights
Lithium-ion (Li-ion): This segment held 88% market share in 2024. In the electric motorcycle & scooters market, the lithium-ion (Li-ion) battery segment refers to vehicles powered by rechargeable Li-ion batteries. These batteries offer higher energy density, longer lifespan, and faster charging times compared to other battery types, making them ideal for electric two-wheelers.
A significant trend in this segment is the continuous improvement in Li-ion battery technology, resulting in increased range, improved performance, and reduced costs, driving the adoption of electric motorcycles and scooters as viable alternatives to traditional gasoline-powered vehicles.
SLA (Sealed Lead-Acid): This segment is anticipated to experience rapid growth over the projected period. The SLA (Sealed Lead Acid) battery segment in the electric motorcycle & scooters market refers to batteries that use lead plates submerged in an electrolyte solution. While once popular for their low cost and reliability, SLA batteries are gradually being replaced by lighter and more efficient lithium-ion batteries.
Despite this, SLA batteries still find application in entry-level electric two-wheelers due to their affordability. However, the segment is witnessing a decline in demand as lithium-ion batteries become more prevalent for their superior performance and energy density.
Voltage Insights
36V: This segment has held 38% market share in 2024. The 36V segment in the electric motorcycle & scooters market refers to vehicles powered by a 36-volt electrical system. These vehicles typically offer moderate power output, suitable for urban commuting and short-distance travel.
In recent trends, manufacturers are focusing on enhancing the performance and range of 36V electric motorcycles and scooters through advancements in battery technology. This segment is popular among consumers seeking affordable and practical electric transportation options for their daily commuting needs in urban environments.
48V: This segment is anticipated to witness rapid growth over the projected period. In the electric motorcycle & scooters market, the 48V segment refers to vehicles powered by a 48-volt electrical system. This segment typically includes lightweight urban commuter models designed for short to medium-range travel.
Recent trends in this segment indicate a growing demand for affordable and energy-efficient electric two-wheelers, particularly suited for urban commuting. Manufacturers are focusing on developing 48V vehicles with improved battery technology, longer range, and enhanced features to meet the needs of urban commuters seeking eco-friendly transportation options.
Recent Developments
- In December 2023, Yamaha invested in the battery-swapping firm, Swapping Battery Network, with the aim of creating a robust battery-swapping infrastructure across Europe to support its forthcoming electric scooter lineup. This strategic move is poised to enhance the overall charging ecosystem and stimulate market growth.
- In June 2023, Hero MotoCorp revealed plans to allocate up to USD 181.6 million towards the advancement of premium motorcycles and electric vehicles (EVs) in India. The company asserted that this strategic decision aligns with the evolving regulatory landscape pertaining to electric vehicles (EVs).
Electric Motorcycle and Scooters Market Companies
- Zero Motorcycles
- Harley-Davidson
- Yamaha Motor Company
- Hero MotoCorp
- NIU Technologies
- Gogoro Inc.
- Vespa (Piaggio Group)
- Energica Motor Company
- BMW Motorrad
- KTM AG
- Revolt Motors
- Evoke Motorcycles
- Lightning Motorcycles
- Terra Motors Corporation
- Super Soco
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