North American Electric Scooters and Motorcycles Market size is poised to surpass USD 1 billion by 2026, according to a latest forecast report by Graphical Research.
Growing focus of regional governments on the development of robust charging infrastructure for electric vehicles will drive the electric scooters and motorcycles industry. In April 2021, the Government of Canada reported that the country has invested over USD 370 million for the installation of domestic & public EV chargers in the country.
Strong government support in terms of policies, incentives, grants, and subsidies on the purchase of electric scooters & motorcycles in the region is accelerating the market growth. The subsidies offered by government officials to OEMs and customers are encouraging the adoption of zero-emission two-wheelers, alleviating the market demand. For instance, the U.S. government offers a grant of USD 1,000 in California on the purchase of new electric vehicles.
The rapid spread of COVID-19 has impacted the North America market. Countries in the region have faced severe economic disruption during the first half of 2020. Owing to the escalating spread of the virus, the automotive sector has witnessed a decline in the sales of electric vehicles.
Browse detailed statistical insights from the report, “North America Electric Motorcycles & Scooters Market Forecast 2026 By Product (Motorcycles, Scooters), By Battery (SLA, Li-ion), By Voltage (24V, 36V, 48V), Research Report, Regional Outlook (U.S. and Canada), COVID-19 Impact Statistics, Price Trends, Historic Data, Growth Prospects, Competitive Industry Share” along with the table of contents (ToC) @
The scooter segment will witness a significant demand in the U.S. and Canada over the coming years. Several benefits of electric scooters including reduced weight, compact size, and less maintenance will contribute to the surging market demand. Rising awareness related to alternative fuels in vehicles is supporting the adoption for electric scooters in the market. The increasing acceptance of electric scooters for short distance commute is providing new opportunities to the electric scooters market.
The 48V segment accounted for a significant market share in 2019 owing to its rising adoption in electric motorcycles for ensuring high power results. Surge in the utilization of these batteries, primarily in electric scooters, is anticipated to positively influence the market statistics. The ability of these 48V batteries to yield desirable power output to short range electric scooters and motorcycles will propel the market demand.
The North American electric scooters and motorcycles market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue in USD million from 2015 to 2026 for the following segments:
North America Market, By Product
North America Market, By Battery
North America Market, By Voltage
The above information has been provided for the following countries: