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Report overview
The global Electric Motorcycles & Scooters market was valued at 5452.34 Million USD in 2021 and will grow with a CAGR of 4.4% from 2021 to 2027, based on Research newly published report.
The prime objective of this report is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
Electric two-wheelers,as indicates itself,is electricity-powered two-wheelers.A battery pack and a motor are installed to store and transform the electricity.A user control is usually attached to the handle bar to brake and adjust the speed.Under this abstract definition,a variety of types and styles are available to consumers in the market and still developing.This paper follows the mainstream definition and mainly focuses on the Chinese market.Electric Motorcycles & Scooters can be classified as a combination of electric bicycle,electric scooter,electric motorcycle,and so on.The power-assisted electric scooter with pedals is also called electric bicycle in China.Hence,the in this report,the statistics mainly focus on the following several kinds including E-motorcycles,E-bicycles and E-scooters etc.China is the largest sales market of Electric Motorcycles & Scooters in the world in the past few years and it will keep the same position in the next years. China sales volume took up about 93.42% the global market in 2017, but it has changed in 2018 due to the saturated demand (means that the demand is relatively rated, but the production increased too fast and began to be oversupply). China sales share dropped to 92.86% in 2019. At the same time, the export to Europe and USA increased dramatically. Apparently, many Chinese producers of Electric Motorcycles & Scooters are trying their best to look for new growing-market, while Chinese market is in fierce competition and some small players have quitted this business especially in recent years.
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