× Industry Reports Services Press Release Contact us About us

Asia Pacific Electric Motorcycles & Scooters Market Forecast 2026 By Battery (SLA, Li-ion), By Product (Motorcycles, Scooters), By Voltage (24V, 36V, 48V), Research Report, COVID-19 Impact Statistics, Country Outlook, Price Trends, Historic Data, Growth Prospects, Competitive Industry Share
Published Date: May 2021 | Publisher: Graphical Research Report ID: GR1839 | Delivery : PDF  Request Free Sample

Asia Pacific Electric Motorcycles & Scooters Market size exceeded USD 31.5 billion in 2019 and is expected to witness over 3.5% CAGR from 2020 to 2026.

The growing concerns related to environmental pollution due to ICE engine emissions are advocating the adoption of electric vehicles in Asia Pacific. Countries including India, China, and Japan are witnessing a rapid growth in air pollution due to the growing population and rapid urbanization.

Asia Pacific Electric Motorcycles & Scooters Market

Get more details on this report - Request Free Sample PDF

Positive outlook of the EV industry in China will drive the demand for electric two wheelers. The International Energy Agency (IEA) has planned to deploy over 400 million on-road electric two-wheelers until 2030 and China is projected to contribute 70% of the overall sales. The presence of large & small-scale manufacturers including Mac International, Evoke Motorcycles, Sunra, Bafang, and Guewer has enhanced the product availability and is projected to propel the industry growth.

The COVID-19 pandemic has disrupted the economic activities in the Asia Pacific region on a large-scale. A huge loss of life coupled with rapidly increasing number of infected patients led to a total shutdown of manufacturing and production facilities during the first six months in 2020. Other factors such as disruptions in supply chain and low purchasing power of consumers due to high financial insecurities hindered the market growth. However, the market for electric motorcycles and scooters in China will witness a rapid growth, supported by government policies and charging infrastructure development.  

Asia Pacific Market, By Product

Lightweight e-scooters with low operating and maintenance costs will drive the market share of electric two-wheelers in Asia Pacific. The integration of Bluetooth and GPS functionality with these electric scooters & motorcycles is propelling their demand in the market. The emergence of smart connected electric scooters with multiple functionalities will proliferate the adoption of e-scooters in the market. Availability of several electric scooters with lucrative financial assistance from market players will increase the penetration of electric scooters in price-sensitive Asian markets.

Asia Pacific Market, By Battery

Sealed Lead Acid (SLA) and Lithium ion (Li-ion) are among the key battery types deployed in electric motorcycles & scoters. Li-ion batteries are expected to observe high adoption in technologically advanced electric two-wheelers due to their high performance and compact size. These batteries assist in significantly lowering the vehicle weight, enhancing the overall performance. Innovations in alternative materials for battery core to further reduce the vehicle weight are one of the key trends witnessed by the industry.

Competitive Industry Landscape

Key industry participants include Harley Davidson, Energica Motor Company S.p.A, Z Electric Vehicle, Ampere Vehicles, Suzuki Motors Corporation, Lightning Motorcycles, Govecs Group, BMW, KTM, CAKE 0 Emission AB, Mahindra GenZe, Honda Motors, Hero Eco, and Zero Motorcycles.

These companies are focusing on entering unserved markets in Asia Pacific with their electric motorcycles and scooter models. For instance, in April 2019, Evoke Motorcycles announced its plans to enter the Indian market with its Urban S and Urban Classic motorcycle models. The company is also planning to establish its design center and production hub in India over the coming years.
 

Frequently Asked Question(FAQ) :

The industry for electric scooters in Asia Pacific surpassed USD 31.5 billion in 2019 and will expand at a CAGR of 3.5% between 2020 and 2026.
The COVID-19 pandemic has resulted in disruptions in supply chain and has reduced the purchasing power of consumers due to high financial insecurities, temporarily affecting Asia Pacific industry growth.
Lightweight e-scooters will add a substantial share to the industry revenue owing to high demand on account of the integration of Bluetooth and GPS functionality.
Li-ion batteries will register a considerable adoption in technologically advanced electric two-wheelers on account of their compact size and high performance.

Premium Report

Have questions?
  • Inquire Before Buying
  • Why Choose us?

    • on-time delivery On-Time Delivery

      We commit to on-time delivery of reports to keep you ahead.

    • assured quality Assured Quility

      With a wide network of industry experts and trained in-house analysts, we assure best service quality.

    • Custom Research Service

      We offer research services to meet specific client requirements and provide them with actionable insights on target markets.

    • payment security Payment Security

      Our safe payment gateway gives you full control of your personal data, at all times.

    Connect with our sales team

     1-800-986-6917

     [email protected]