Global Electric Motorcycles Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Type;

SLA, Li-ion, NiMH, and Others.

By Vehicle Range;

Below 75 Miles, 75–100 Miles, and Above 100 Miles.

By Battery Type;

Li-ion, Lead Acid, and Nickel Metal Hydride.

By Voltage;

Below 24 Volt, 24–48 Volt, 48–60 Volt, and Above 60 Volt.

By Application;

Racing, Daily Commute, Off-Road Use, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn880463125 Published Date: March, 2025 Updated Date: May, 2025

Introduction

Global Electric Motorcycles Market (USD Million), 2021 - 2031

In the year 2024, the Global Electric Motorcycles Market was valued at USD 40,888.74 million. The size of this market is expected to increase to USD 134,162.83 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 18.5%.

The market is poised for expansion driven by a surge in demand for energy-efficient commuting alternatives. Concerns over carbon emissions from traditional ICE-based two-wheelers, alongside escalating fossil fuel costs globally and dwindling reserves, are key factors propelling this growth. Additionally, established players in the traditional two-wheeler market are showing growing interest in electric motorcycles, while the emergence of electric motorcycle startups offering cutting-edge technology further bolsters market expansion.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Vehicle Range
    3. Market Snapshot, By Battery Type
    4. Market Snapshot, By Voltage
    5. Market Snapshot, By Application
    6. Market Snapshot, By Region
  4. Global Electric Motorcycles Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Environmental Concerns
        2. Government Incentives
        3. Battery Technology Advancements
      2. Restraints
        1. High Initial Cost
        2. Limited Charging Infrastructure
      3. Opportunities
        1. Battery Swapping Technology
        2. Investment in Charging Infrastructure
        3. Developing Market Boom
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bragaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry

  5. Market Segmentation
    1. Global Electric Motorcycles Market, By Type, 2021 - 2031 (USD Million)
      1. SLA
      2. Li-ion
      3. NiMH
      4. Others
    2. Global Electric Motorcycles Market, By Vehicle Range, 2021 - 2031 (USD Million)
      1. Below 75 Mile
      2. 75–100 Miles
      3. Above 100 Miles
    3. Global Electric Motorcycles Market, By Battery Type, 2021 - 2031 (USD Million)
      1. Li-ion
      2. Lead Acid
      3. Nickel Metal Hydride
    4. Global Electric Motorcycles Market, By Voltage, 2021 - 2031 (USD Million)
      1. Below 24 Volt
      2. 24–48 Volt
      3. 48–60 Volt
      4. Above 60 Volt
    5. Global Electric Motorcycles Market, By Application, 2021 - 2031 (USD Million)
      1. Racing
      2. Daily Commute
      3. Off-road Use
      4. Others
    6. Global Electric Motorcycles Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. KTM Sportmotorcycle GmbH
      2. Yamaha Motor Co., Ltd
      3. Bayerische Motoren Werke AG
      4. Energica Motor Company
      5. Terra Motors India Pvt. Ltd
      6. Zero Motorcycles, Faster Inc
  7. Analyst Views
  8. Future Outlook of the Market