Electric Scooter and Motorcycle Market Size, Share, Trends, and Forecast to 2030
The Electric Scooter and Motorcycle Market is witnessing robust momentum as the global shift toward sustainable mobility continues. According to MarketsandMarkets, the market is projected to grow from USD 6.5 billion in 2024 to USD 12.4 billion by 2030, registering a healthy CAGR during the forecast period. The surge in demand is driven by environmental concerns, government incentives, and rapid advancements...
Electric Scooter Motor Market Size & Share Analysis Report 2030
The global In-wheel motor is projected to grow from USD 416.0 million in 2024 to USD 1,201.2 million by 2030, registering a CAGR of 19.3%.
The surging popularity of electric two-wheelers, due to their affordability, convenience, and eco-friendliness, is directly fueling the demand for electric scooter motors. Advancements in motor technology, resulting in improved efficiency, power output, and...
Electric Scooter Market Size, Share, Forecast 2024-2030
The global electric scooter market size was valued at USD 4.3 billion in 2024 and is expected to reach USD 12.4 billion by 2030, at a CAGR of 18.9% from 2024 to 2030. The global market is poised for significant growth, driven by expanding charging infrastructure, increased adoption in key countries, and a heightened focus on environmental sustainability. Governments worldwide are actively promoting...