Electric Scooter Motor Market – Global Forecast to 2030
The global electric scooter motor market 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%.
世界の電動スクーターモーター市場は、2024年の4億1,600万米ドルから2030年までに12億120万米ドルに成長し、19.3%のCAGRを記録すると予測されています。
The electric scooter motor market is dominated by global players such as Robert Bosch GmbH (Germany), QS Motor Ltd (China), Lucas TVS Limited (India), Ola Electric Mobility Pvt. Ltd. (India), and MAHLE GmbH (Germany). These companies develop and manufacture new electric scooter motor for e2w market. For instance, in November 2023, Bosch, at EICMA 2023 in Milan, launched an integrated 6 kW electric motor to enable manufacturers to electrify two-wheeler segments. The production will start in 2025. Additionally, in July 2023, SiAecosys launched Hairpin Motor SIA155-48 5000W 18KW, with a power of 5 kW for electric motorcycles and ATVs.
The report provides insights on the following pointers:
- Analysis of key drivers (increasing sales of electric scooters and motorcycles, advancements in motor technology), restraints (volatile supply chain, limited range of electric scooters and motorcycles), opportunities (developing high-performance motors for sports and premium electric two-wheelers, advancements in thermal management system for motors), and challenges (low efficiency of electric hub motors, increase in consumer prices for electric two-wheelers)
- Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the electric scooter motor market
- Market Development: Comprehensive information about lucrative markets – the report analyses the electric scooter motor market across varied regions.
- Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the electric scooter motor market
- Competitive Assessment: In-depth assessment of market shares, growth strategies and service offerings of leading players like Robert Bosch GmbH (Germany), QS Motor Ltd (China), Lucas TVS Limited (India), Ola Electric Mobility Pvt. Ltd. (India), MAHLE GmbH (Germany), and among others in the electric scooter motor market.
- Strategies: The report also helps stakeholders understand the pulse of the electric scooter motor market and provides them information on key market drivers, restraints, challenges, and opportunities.