What are Factors Fuelling Progress of Electric Scooters and Motorcycles Market in North America?

Due to their low maintenance requirements, government support for their adoption, and growth of shared mobility fleets, the demand for electric two-wheelers in North America is rising. On account of these factors, the electric scooters and motorcycles market in north america is expected to progress from $154.8 million in 2018 to $675.7 million by 2024, at a 28.4% CAGR between 2019 and 2024 (forecast period). These vehicles do not have an internal combustion engine (ICE), therefore do not release any operational greenhouse gas (GHG) emission.



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On the basis of type, scooter, motorcycle, and kick scooter are the categories of the market. Among these, the kick scooter category dominated the North American electric scooters and motorcycles market, in terms of sales volume, during 2015–2018 (historical period). This is because electric kick scooters are rapidly making their way into the fleets of shared mobility service providers, owing to the environment-friendliness and cost-effectiveness of these vehicles and the convenience they offer. Compared to electric scooters and motorcycles, the operating cost of kick scooters is lower.

In 2018, the North American electric scooters and motorcycles market generated the higher revenue in the U.S. The higher demand for electric vehicles (EVs) as a result of the strong support by the federal and state governments is propelling the market advance in the country. Moreover, the U.S. is more populated than Canada, which leads to a larger user base for EVs in the former nation. Because of all these reasons, the U.S. is also likely to witness the higher CAGR in the market, in terms of value, during the forecast period.

Hence, electric two-wheelers have a bright future in the region, on account of the strong support by the government for their adoption.

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