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Riding the Electric Wave: Projected Growth in Global Low-Powered Motorcycle and Scooter Market to 2032
GlobeNewswire Inc.·
The global low-powered electric motorcycle and scooter market is projected to grow from $12.3 billion in 2025 to $17.5 billion by 2032, driven by urban congestion, government incentives, battery technology advancements, and increasing environmental consciousness. Chinese companies like Yadea and NIU lead the market, while Indian firms such as Ather Energy and Ola Electric are introducing localized models. The electric scooter segment is expected to grow faster at 6.7% CAGR compared to electric motorcycles at 4.2% CAGR.
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