Electric Motorcycles Market Size, Share, Trends, Demand, Growth and...

Electric Motorcycles Market Size, Share, Trends, Demand, Growth and Competitive Outlook

Posted 2025-09-26 09:53:19

The Electric Motorcycles Market Report provides a comprehensive and in-depth analysis of the market landscape. It covers market size, growth trajectory, and key applications, while also providing a detailed assessment of the competitive environment. The report analyzes key market players, their product offerings, and their go-to-market strategies.

This report explores how the market is being shaped by various factors across industries, identifying both existing and emerging use cases. It segments the market by component, application, and geography, highlighting areas with the most significant growth potential. The report also addresses the key challenges and regulatory hurdles affecting market adoption, providing a balanced and realistic outlook for stakeholders.

What is the Global Electric Motorcycle Market Size and Growth Rate?

The global electric motorcycle market size was valued at USD 1.30 billion in 2024 and is expected to reach USD 1.71 billion by 2032, at a CAGR of 3.50% during the forecast period
The market growth is primarily driven by the surge in fuel prices, increased environmental awareness, and rising government incentives promoting electric mobility across developed and emerging economies
In addition, the advancement in battery technologies, improved vehicle range, and infrastructure expansion for electric vehicle (EV) charging are significantly accelerating the adoption of electric motorcycles, reinforcing market growth globally

Get a comprehensive analysis and future outlook for the Electric Motorcycles. Uncover all the data, analysis, and strategic recommendations in the complete report: https://www.databridgemarketresearch.com/reports/global-electric-motorcycles-market

What are the Major Takeaways of Electric Motorcycle Market?

Electric Motorcycles offer a sustainable, cost-effective alternative to internal combustion engine (ICE) bikes, with lower maintenance costs, zero tailpipe emissions, and quiet operation, making them an ideal solution for urban transportation
The rising demand for clean mobility, coupled with government subsidies, tax rebates, and EV-friendly policies, is a key growth driver in both developed and developing nations
In addition, younger demographics are increasingly preferring electric motorcycles due to their tech integration, stylish designs, and smart features such as GPS tracking, regenerative braking, and mobile app connectivity, further boosting market demand
Asia-Pacific dominated the electric motorcycle market with the largest revenue share of 81.3% in 2024, driven by rising environmental concerns, increasing fuel prices, and strong government support for electric mobility across countries such as China, India, and Japan
North America electric motorcycle market is projected to register the fastest CAGR of 27.2% from 2025 to 2032, driven by increased environmental awareness, rising gas prices, and a growing consumer shift toward sustainable and tech-enabled transportation
The hub motor segment dominated the electric motorcycle market with the largest revenue share of 47.8% in 2024, owing to its compact design, low maintenance requirements, and high energy efficiency

The market is segmented on the basis of drive type, battery type, and end-use.

• By Drive Type

On the basis of drive type, the electric motorcycle market is segmented into Belt Drive, Chain Drive, and Hub Motor. The Hub Motor segment dominated the electric motorcycle market with the largest revenue share of 47.8% in 2024, owing to its compact design, low maintenance requirements, and high energy efficiency. Hub motors, being directly integrated into the wheel hub, eliminate the need for additional transmission components, making them ideal for lightweight urban electric motorcycles and scooters. Their simplicity and cost-effectiveness contribute to their widespread use, particularly in Asia-Pacific markets where e-mobility is rapidly growing.

The Belt Drive segment is projected to witness the fastest growth rate from 2025 to 2032, fueled by rising demand for smoother rides, quieter performance, and low-maintenance alternatives to chain drives. Belt drives are increasingly adopted in mid-to-premium range electric motorcycles due to their durability, corrosion resistance, and longer service life, making them particularly attractive for commuter and recreational riders.

• By Battery Type

On the basis of battery type, the electric motorcycle market is segmented into Lithium-ion, Lead Acid, and Others. The Lithium-ion segment held the largest market revenue share of 71.4% in 2024, driven by its superior energy density, lighter weight, faster charging capabilities, and longer lifecycle. Lithium-ion batteries are favored across all performance categories—from entry-level scooters to high-end electric motorcycles—supporting fast acceleration, extended range, and reduced downtime. Technological advancements and decreasing costs further reinforce lithium-ion’s dominance in the market.

The Others category, which includes solid-state and nickel-metal hydride batteries, is anticipated to exhibit the fastest CAGR during the forecast period, driven by research into next-generation battery technologies that offer higher safety, sustainability, and performance.

• By End-Use

On the basis of end-use, the electric motorcycle market is segmented into Personal and Commercial. The Personal segment accounted for the largest market revenue share of 68.9% in 2024, supported by rising environmental awareness, increasing urban congestion, and the demand for affordable, low-maintenance mobility solutions. Personal e-motorcycles are gaining strong traction among city commuters, especially in emerging markets with supportive EV policies and rising fuel costs.

The Commercial segment is expected to witness the fastest CAGR from 2025 to 2032, driven by the adoption of electric motorcycles for last-mile delivery services, food delivery platforms, and ride-hailing fleets. Fleet operators are increasingly transitioning to electric options to cut operational costs and meet emission reduction targets, especially in urban zones with vehicle restrictions and sustainability mandates.

Key Report Insights