Global Electric Two-wheelers(E2Ws) Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Type;

Electric Motorcycles, Electric Scooters, and Electric Bicycles.

By vehicle type ;

Urban, Cruiser, Café Racer and Off-Road.

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn836452287 Published Date: May, 2025 Updated Date: June, 2025

Introduction

Global Electric Two-wheelers(E2Ws) Market (USD Million), 2021 - 2031

In the year 2024, the Global Electric Two-wheelers(E2Ws) Market was valued at USD 33862.71 million. The size of this market is expected to increase to USD 74859.66 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 12.0%.


Global Electric Two-wheelers(E2Ws) Market Growth, Share, Size, Trends and Forecast

*Market size in USD million

CAGR 12.0 %


Study Period2025 - 2031
Base Year2024
CAGR (%)12.0 %
Market Size (2024)USD 33862.71 Million
Market Size (2031)USD 74859.66 Million
Market ConcentrationLow
Report Pages361
33862.71
2024
74859.66
2031

Major Players

  • Jiangsu Xinri E-Vehicle
  • Yadea Technology Group
  • Zhejiang Luyuan Electric Vehicle
  • Bodo Electric Vehicle Group
  • Changzhou Hongdu Electric Bicycle
  • China Xingyue Group
  • EZee Kinetics Technology
  • Giant Manufacturing
  • Guangzhou Camqi Electric Vehicle
  • Jiangsu Aima Manufacturing & Technology
  • Qingdao Aucma Electric Vehicle
  • Shandong Incalcu Electric Vehicle
  • SYM Sanyang Industry
  • Tianjin Cosbike Electric Bicycle
  • Tianjin Fushida Electric Bicycle

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Global Electric Two-wheelers(E2Ws) Market

Fragmented - Highly competitive market without dominant players


The growth of the electric two-wheeler market. Consumers are increasingly turning to these eco-friendly alternatives as a means to mitigate escalating gasoline expenses, driving demand among individuals and businesses seeking cost-effective transportation solutions. Moreover, the market is witnessing significant expansion fueled by ongoing technological advancements. Manufacturers are continually innovating to enhance the performance, range, and features of electric scooters and motorcycles.

These advancements encompass improvements in battery technology, motor efficiency, connectivity features, and the integration of lightweight materials. Consequently, electric two-wheelers are becoming increasingly appealing to consumers, offering extended ranges, quicker charging times, and smart functionalities. This technological progress is not only driving the adoption of electric two-wheelers but also addressing the growing demand for cleaner and more efficient urban transportation solutions. As a result, the electric two-wheeler market is experiencing robust growth, positioned as a key player in the transition towards sustainable mobility.

  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 type
    3. Market Snapshot, By Region
  4. Global Electric Two-wheelers(E2Ws) Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Rising Fuel Prices
        2. Environmental Concerns
        3. Environmental Concerns
      2. Restraints
        1. Higher upfront cost
        2. Limited Charging Infrastructure
        3. Range Anxiety
      3. Opportunities
        1. Technological advancements
        2. Focus on affordability
        3. Expansion of charging infrastructure
    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. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry

  5. Market Segmentation
    1. Global Electric Two-wheelers(E2Ws) Market, By Type, 2021 - 2031 (USD Million)
      1. Electric Motorcycles
      2. Electric Scooters
      3. Electric Bicycles
    2. Global Electric Two-wheelers(E2Ws) Market, By vehicle type , 2021 - 2031 (USD Million)
      1. Urban
      2. Cruiser
      3. Café Racer
      4. Off-road
    3. Global Electric Two-wheelers(E2Ws) 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. Jiangsu Xinri E-Vehicle
      2. Yadea Technology Group
      3. Zhejiang Luyuan Electric Vehicle
      4. Bodo Electric Vehicle Group
      5. Changzhou Hongdu Electric Bicycle
      6. China Xingyue Group
      7. EZee Kinetics Technology
      8. Giant Manufacturing
      9. Guangzhou Camqi Electric Vehicle
      10. Jiangsu Aima Manufacturing & Technology
      11. Qingdao Aucma Electric Vehicle
      12. Shandong Incalcu Electric Vehicle
      13. SYM Sanyang Industry
      14. Tianjin Cosbike Electric Bicycle
      15. Tianjin Fushida Electric Bicycle
  7. Analyst Views
  8. Future Outlook of the Market