Electric Motorcycles & Scooters Market to cross 50-billion-dollar mark by 2024

Jul 6, 2017

"Electric Motorcycles & Scooters Market Size By Product (Motorcycles, Scooters), By Battery (SLA, Li-ion, NiMH), Industry Analysis Report, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast, 2016 – 2024"

Ocean View, Delaware, United States - July 6, 2017 /MarketersMedia/ —

Electric motorcycles & scooters market is projected to generate a remarkable momentum with shifting trends toward sustainable energy and growing environmental concerns pertaining to hazardous emissions. Regulatory bodies across the globe have been deploying strict legislations to improve the overall air quality. In addition, the government has also been undertaking initiatives to curb the green-house gases emissions, which will enhance electric motorcycles & scooters industry. The acceptance rate of the electric battery based vehicle has been increasing noticeably across the globe, pertaining to the benefits such as low maintenance and emission free mobility.

According to Global Market Insights, Inc., “Worldwide electric motorcycles & scooters market was valued at USD 25 billion in 2015 and will surpass a revenue collection of USD 55 billion by 2024, with an annual growth rate of more than 10% over 2016 to 2024.”

Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/218

Based on the types of battery used, electric motorcycles & scooters comprise NiMH, Li-ion (lithium ion), and SLA. Li-ion battery segment generated significant revenue in 2015 and will register the highest annual growth rate over the coming seven years. The battery’s light weight feature and high efficiency will boost the overall lithium ion battery based electric motorcycles & scooters market demand. In addition, the 100% efficiency scale achieved by this battery while charging and discharging will stimulate the industry growth over the coming timeframe. Power output, charging time, and battery capacity are the notable factors based on which manufacturers have been focusing to improve vehicle performance.

Considering the product, electric motorcycles & scooters market is mainly divided into scooters and motorcycles. Electric motorcycles & scooters market from motorcycles will collect substantial revenue over the years ahead. Despite the segment being in the nascent phase, the favorable initiations taken by the manufacturers to enhance their customer reach by addressing the varied power requirements of the consumers will garner lucrative prospects for the electric motorcycles industry.

Make an inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/218

Regionally, U.S. electric motorcycles & scooters industry will collect notable revenue over the years ahead, driven by the heavy R&D investments and favorable regulatory landscape in this region. The shifting consumer inclination toward electric vehicles will provide a significant impetus to the APAC electric motorcycles and scooters industry. China dominated the regional landscape by accounting for 80% of the share in 2015 and is estimated to phenomenally drive the Asia Pacific growth over the coming years.

Industry giants have been heavily investing in R&D activities to enhance the vehicle performance as well as to reduce the overall cost of the vehicle. The noteworthy participants in electric motorcycles & scooters are Sunra (Jiangsu Xinri E-vehicle Co., Ltd.), AIMA Hi-tech, Zhejiang Ripu Electronic Sci. & Technology, Shanghai Lima Electric Vehicle Mfg. Co. Ltd., Zhejiang Feishen Vehicle Co., Ltd., Qingdao Aucma Company Limited.

Browse key industry insights spread across 116 pages with 79 market data tables & 42 figures & charts from this 2017 report Electric Motorcycles & Scooters Market in detail along with the table of contents:

https://www.gminsights.com/industry-analysis/electric-motorcycles-and-scooters-market

Chapter 7. Company Profiles By (Business Overview, Financial Data, Product Landscape, Strategic Outlook, SWOT Analysis)

7.1. AIMA
7.2. Alta Motors
7.3. Amego Electric
7.4. Amper Vehicles
7.5. BMW
7.6. Energica Motor Company S.p.A
7.7. Govecs Group
7.8. Harley Davidson
7.9. Hero Eco
7.10. Honda Motors
7.11. KTM
7.12. Lightning Motorcycles
7.13. Mahindra GenZe
7.14. Shandong Incalcu Electric Vehicle Co. Ltd
7.15. Sunra
7.16. Suzuki Motors Corporation
7.17. Tailing Electric Vehicle Co. Ltd.
7.18. Terra Motors Corp
7.20. Vmoto Limited
7.21. Yamaha Motors
7.22. Z Electric Vehicle
7.23. Zero Motorcycle

Browse Full TOC @ https://www.gminsights.com/toc/detail/electric-motorcycles-and-scooters-market

About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Info:
Name: Arun Hegde
Email: [email protected]
Organization: Global Market Insights, Inc.
Address: Suite L 105, Ocean View, Delaware 19970, United States
Phone: 1-888-689-0688

Source URL: http://marketersmedia.com/electric-motorcycles-scooters-market-to-cross-50-billion-dollar-mark-by-2024/214513

For more information, please visit https://www.gminsights.com/industry-analysis/electric-motorcycles-and-scooters-market

Source: MarketersMedia

Release ID: 214513

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