Global Electric Scooters and Motorcycles Market Size Analysis, 2018-2028

 

REPORT ID: BKR644Domain: Automotive & TransportPublished Date: June 2019
Pages: 285Format: PDF

 

 

Global Electric Scooters and Motorcycles Market Size is estimated to be valued at USD 20 billion in 2019 and will register a CAGR of 8.5% to create high revenue opportunity for industry players during the forecast period.

Electric Motorcycles and Scooters Market

Get Electric Scooter Market Report Sample, Click here

Electric scooters and motorcycles market will be fueled by sustainable growth initiative taken up by various government across world. Depleting oil reserves has led to development of alternative solutions. The market is strong in developing regions of Asia Pacific and Latin America. Much of the sales is concentrated to China. However, in the last few years there has been many major developments in the industry ranging from increase in number of dealers to adoption of online sales channel and enhancement in technology. The industry is expected to be consolidated by 2025.

Global Electric Scooters and Motorcycles Market Drivers and Challenges

Global electric scooters and motorcycles market primarily driven by large presence of OEM and government initiative towards sustainable growth. Moreover, increase in disposable income of working class population is creating favorable demand for electric two wheelers. Increase in awareness is also playing a key role in overall development of electric scooters and motorcycles market. Electric scooters and motorcycles market account for over 2.5% of total two wheelers on road. This share is expected to touch 8% by 2023.

Increasing interest from large scale manufacturers and decline in battery costs by 65% will create a favorable market landscape for electric motorcycles and scooters players. Various players such as Harley Davidson and Yamaha are poised to expand their product offerings into this space. It is expected that a total of 129 million units of electric scooters and motorcycles will be running on the road by 2028.

The industry is also witnessing increase in number of dealership. For instance, in India total dealers are somewhere close to 300 which is 50% higher compared to that in 2013. Companies are focusing on online sales platform to further increase their business presence. In 2016, Hero Electric sold around 500 electric two wheelers through online channel – Paytm. Share of online channel will further increase with digitization.

Global Electric Scooters and Motorcycles Market Analysis, By Vehicle Type

By vehicle type, global electric scooters and motorcycles market is segmented into Motorcycles and scooters. While electric scooters will continue to dominate the market, motorcycles will register fastest CAGR during the forecast period. Over 5 million units of electric scooters are expected to be sold in 2018.

electric scooter market trends and developments in 2019

Global Electric Scooters and Motorcycles Market Size Analysis, By Battery Type

By battery type, lithium ion will continue to dominate the industry owing to light-weightiness and high power efficiency. Furthermore, the percent share will increase with advancement in lithium ion technology.

Global Electric Scooters and Motorcycles Market Size and Forecast: Regional Analysis

Globally, Asia Pacific will dominate the global electric scooters and motorcycles market size. In 2018, Asia Pacific and Western Europe accounted for over 89% of total sales.

Asia Pacific is primarily dominated by China and India. Various key development took place in the China market in last few years. The country not only leads in overall sales but also in production capacity. Sales is highly fragmented with presence of many players. Yadea, Aima, Zhejiang Luyuan collectively accounted for nearly 23% of overall sales in 2017 in China. It is a major exporter of e-vehicles in Europe and Africa. Yangtze River Delta and Bahai Economic Rim are two special zone in China, wherein, much of the production takes place. Companies in China are focused towards product level strategy to expand their market share. For instance, Chinese firm Niu is using a combination of big data and IoT to create smart e-scooter.

Another major Asia Pacific country – India – is witnessing market consolidation. Top 3 players account for over 80% of market share. Honda Motorcycle & Scooter India, Hero MotoCorp, Yamaha, TVS Motor Mahindra Two Wheelers, and Bajaj Auto have scheduled launches of electric two-wheelers from 2018.

Global Electric Scooters and Motorcycles Market Size and Forecast: Competition Landscape

Some of the key Electric Scooters and Motorcycles market industry players are Yadea, Aima, Zhejiang Luyuan, Niu, Amego Electric, Alta Motors, Energica Motor Company, BMW, Govecs Group, Honda Motors, KTM, Mahindra GenZe, Sunra, Suzuki Motors Corporation, Terra Motors Group, Victory Motorcycles, Yamaha Motors, Zero Motorcycle, Z Electric Vehicle, and Shandong Incalcu Electric Vehicle.

Industry Segmentation

By Vehicle Type:

  • Electric Scooters
  • Electric Motorcycles

By Battery Type:

  • Lithium Ion
  • Ni-MH
  • Sealed Lead Acid (SLA)

By Technology:

  • Plug In
  • Extended Battery

By Voltage:

  • 24 V
  • 36 V
  • 48 V
  • >48 V

What Will You Discover in the Report?

  • An in-depth analysis of the Electric Scooters and Motorcycles market across regions – North America, Latin America, Western Europe, Central and Eastern Europe, Asia Pacific, Middle East, and Africa.
  • How the Electric Scooters and Motorcycles market sales is expected to grow throughout the forecast period.
  • How geopolitical policies and technological changes will affect the Electric Scooters and Motorcycles market in near future
  • Where the stakeholders should invest to generate higher profit margins
  • How consumers (end-users) will reflect to the Electric Scooters and Motorcycles industry during the forecast period
  • Who are the Electric Scooters and Motorcycles industry leaders and what are the key initiatives taken by them for long term growth

Who will benefit from the Report?

  • Electric Scooters and Motorcycles Industry Suppliers
  • Electric Scooters and Motorcycles Industry Manufacturers
  • Consultants and Analysts
  • Researchers
  • Industry Specialists

Analyst access with Bekryl Market Analysts

Purchasing of Electric Scooters and Motorcycles market research report will give clients access to 120 minutes telephonic access with a research analyst. The duration for access to analysts will be based on the report subscription editions.

Electric Scooters and Motorcycles Market Overview

  1. Executive Summary
  2. Research Methodology
  3. Electric Scooters and Motorcycles Market Overview
    • Market Outlook and Forecast
    • Growth Forecast Analysis Scenario
    • Electric Vehicle Market Overview (Parent Market)
    • Out of Pocket Spending Analysis, By Selected Countries
    • Value Chain Analysis
    • R&D Spending Analysis
  4. Global Electric Vehicle Market Overview
    • Market Outlook and Forecast
      • Two Wheeler Industry Production
      • Comparative Analysis with Conventional Two Wheeler Industry Production
    • Leading Industry Players
  5. Electric Scooters and Motorcycles Market Dynamics
    • Market Drivers
      • Demand Side Drivers
      • Supply Side Drivers
      • Macroeconomic Drivers
    • Market Restraints
    • Trends
    • Opportunities
      • Key Component Supplier Analysis
      • Product Development Analysis
        • Power Range
        • Vehicle Development, By Weight
        • Motor Specification and Key Manufacturers
        • Battery Specifications and Key Trends
      • Marketed Details
      • Porters Analysis
      • PESTLE Analysis
      • Market Investment Proposition
      • Key Developments and Mergers and Acquisitions
  1. Electric Scooters and Motorcycles Pricing Analysis
    • Pricing Forecast, By Vehicles
    • Pricing Trends
  2. Electric Scooters and Motorcycles Market, By Vehicle
    • Introduction and Key Trends
    • Market Share Analysis, 2017 and 2028 (%)
    • Electric Scooters
      • Electric Retro Scooters
        • Market Value Forecast, 2018-2028, (US$ Mn)
        • Comparative Analysis: Conventional Motorcycle Market Share Vs Electric Motorcycles Market Share
        • Unit Sales Forecast (Mn Unit)
        • Y-o-Y Growth Analysis (%)
      • Electric Kick Scooters
        • Market Value Forecast, 2018-2028, (US$ Mn)
        • Unit Sales Forecast (Mn Unit)
        • Y-o-Y Growth Analysis (%)
      • Electric Motorcycles
        • Market Value Forecast, 2018-2028, (US$ Mn)
        • Comparative Analysis: Conventional Motorcycle Market Share Vs Electric Motorcycles Market Share
        • Unit Sales Forecast (Mn Unit)
        • Y-o-Y Growth Analysis (%)
      • Electric Bicycles
        • Market Value Forecast, 2018-2028, (US$ Mn)
          • General Purpose Electric Bicycle
          • Two Wheeler Electric Cargo Bicycle
          • Three Wheeler Electric Cargo Bicycle
        • Unit Sales Forecast (Mn Unit)
        • Y-o-Y Growth Analysis (%)
      • Others (Segway, one-wheeled, etc)
        • Market Value Forecast, 2018-2028, (US$ Mn)
        • Unit Sales Forecast (Mn Unit)
        • Y-o-Y Growth Analysis (%)
      • Market Attractiveness Analysis
  1. Electric Scooters and Motorcycles Market, By Drivertrain Technology
    • Introduction and Key Trends
    • Market Share Analysis, 2017 and 2028 (%)
    • Plug-in
      • Market Value Forecast, 2018-2028, (US$ Mn)
      • Unit Sales Forecast (Mn Unit)
      • Y-o-Y Growth Analysis (%)
    • Extended
      • Market Value Forecast, 2018-2028, (US$ Mn)
      • Unit Sales Forecast (Mn Unit)
      • Y-o-Y Growth Analysis (%)
    • Market Attractiveness Analysis
  2. Electric Scooters and Motorcycles Market, By Battery Type
    • Introduction and Key Trends
    • Market Share Analysis, 2017 and 2028 (%)
    • Lithium Ion Battery
      • Market Value Forecast, 2018-2028, (US$ Mn)
      • Unit Sales Forecast (Mn Unit)
      • Y-o-Y Growth Analysis (%)
    • Lead Acid Battery
      • Market Value Forecast, 2018-2028, (US$ Mn)
      • Unit Sales Forecast (Mn Unit)
      • Y-o-Y Growth Analysis (%)
    • Nickel Metal Hydride
      • Market Value Forecast, 2018-2028, (US$ Mn)
      • Unit Sales Forecast (Mn Unit)
      • Y-o-Y Growth Analysis (%)
    • Market Attractiveness Analysis
  3. Electric Scooters and Motorcycles Market, By Voltage
    • Introduction and Key Trends
    • Market Share Analysis, 2017 and 2028 (%)
    • <24 V
      • Market Value Forecast, 2018-2028, (US$ Mn)
      • Unit Sales Forecast (Mn Unit)
      • Y-o-Y Growth Analysis (%)
    • 24 V
      • Market Value Forecast, 2018-2028, (US$ Mn)
      • Unit Sales Forecast (Mn Unit)
      • Y-o-Y Growth Analysis (%)
    • 36 V
      • Market Value Forecast, 2018-2028, (US$ Mn)
      • Unit Sales Forecast (Mn Unit)
      • Y-o-Y Growth Analysis (%)
    • 48
      • Market Value Forecast, 2018-2028, (US$ Mn)
      • Unit Sales Forecast (Mn Unit)
      • Y-o-Y Growth Analysis (%)
    • >48 V
      • Market Value Forecast, 2018-2028, (US$ Mn)
      • Y-o-Y Growth Analysis (%)
    • Market Attractiveness Analysis
  4. Electric Scooters and Motorcycles Market, By Region
    • Introduction
    • Regional Trends
    • Regional Market Share Analysis, 2017 and 2028 (%)
    • Industry Value Proposition Analysis
    • Comparative Ranking Analysis, By Segments
    • Key Developments
  5. North America Electric Scooters Market Size and Share Analysis
    • Introduction
    • Key Trends
    • Market Value (US$ Mn) Forecast and Y-o-Y Growth (%), By Vehicle
    • Market Value (US$ Mn) Forecast and Y-o-Y Growth (%), By Drivertrain Technology
    • Market Value (US$ Mn) Forecast and Y-o-Y Growth (%), By Voltage
    • Market Value (US$ Mn) Forecast and Y-o-Y Growth (%), By Country
      • United States
    • Market Value (US$ Mn) Forecast and Y-o-Y Growth (%), By Vehicle
    • Market Value (US$ Mn) Forecast and Y-o-Y Growth (%), By Drivertrain Technology
    • Market Value (US$ Mn) Forecast and Y-o-Y Growth (%), By Voltage
      • Canada
    • Market Value (US$ Mn) Forecast and Y-o-Y Growth (%), By Vehicle
    • Market Value (US$ Mn) Forecast and Y-o-Y Growth (%), By Drivertrain Technology
    • Market Value (US$ Mn) Forecast and Y-o-Y Growth (%), By Voltage
  6. Western Europe Electric Scooters and Motorcycles Market Revenue Analysis
    • Introduction
    • Key Trends
    • Market Value (US$ Mn) Forecast and Y-o-Y Growth (%), By Vehicle
    • Market Value (US$ Mn) Forecast and Y-o-Y Growth (%), By Drivertrain Technology
    • Market Value (US$ Mn) Forecast and Y-o-Y Growth (%), By Voltage
    • Market Value (US$ Mn) Forecast and Y-o-Y Growth (%), By Country
      • United Kingdom
        • Market Value (US$ Mn) Forecast and Y-o-Y Growth (%), By Vehicle
        • Market Value (US$ Mn) Forecast and Y-o-Y Growth (%), By Drivertrain Technology
        • Market Value (US$ Mn) Forecast and Y-o-Y Growth (%), By Voltage
      • Germany
        • Market Value (US$ Mn) Forecast and Y-o-Y Growth (%), By Vehicle
        • Market Value (US$ Mn) Forecast and Y-o-Y Growth (%), By Drivertrain Technology
        • Market Value (US$ Mn) Forecast and Y-o-Y Growth (%), By Voltage
      • France
        • Market Value (US$ Mn) Forecast and Y-o-Y Growth (%), By Vehicle
        • Market Value (US$ Mn) Forecast and Y-o-Y Growth (%), By Drivertrain Technology
        • Market Value (US$ Mn) Forecast and Y-o-Y Growth (%), By Voltage
      • Italy
        • Market Value (US$ Mn) Forecast and Y-o-Y Growth (%), By Vehicle
        • Market Value (US$ Mn) Forecast and Y-o-Y Growth (%), By Drivertrain Technology
        • Market Value (US$ Mn) Forecast and Y-o-Y Growth (%), By Voltage
      • BENELUX
        • Market Value (US$ Mn) Forecast and Y-o-Y Growth (%), By Vehicle
        • Market Value (US$ Mn) Forecast and Y-o-Y Growth (%), By Drivertrain Technology
        • Market Value (US$ Mn) Forecast and Y-o-Y Growth (%), By Voltage
      • NORDIC
        • Market Value (US$ Mn) Forecast and Y-o-Y Growth (%), By Vehicle
        • Market Value (US$ Mn) Forecast and Y-o-Y Growth (%), By Drivertrain Technology
        • Market Value (US$ Mn) Forecast and Y-o-Y Growth (%), By Voltage
  1. Central and Eastern Europe (CEE) Electric Scooters Market Value and Share Analysis
    • Introduction
    • Key Trends
    • Market Value (US$ Mn) Forecast and Y-o-Y Growth (%), By Vehicle
    • Market Value (US$ Mn) Forecast and Y-o-Y Growth (%), By Drivertrain Technology
    • Market Value (US$ Mn) Forecast and Y-o-Y Growth (%), By Voltage
    • Market Value (US$ Mn) Forecast and Y-o-Y Growth (%), By Country
      • Russia
        • Market Value (US$ Mn) Forecast and Y-o-Y Growth (%), By Vehicle
        • Market Value (US$ Mn) Forecast and Y-o-Y Growth (%), By Drivertrain Technology
        • Market Value (US$ Mn) Forecast and Y-o-Y Growth (%), By Voltage
      • Poland
        • Market Value (US$ Mn) Forecast and Y-o-Y Growth (%), By Vehicle
        • Market Value (US$ Mn) Forecast and Y-o-Y Growth (%), By Drivertrain Technology
        • Market Value (US$ Mn) Forecast and Y-o-Y Growth (%), By Voltage
      • Ukraine
        • Market Value (US$ Mn) Forecast and Y-o-Y Growth (%), By Vehicle
        • Market Value (US$ Mn) Forecast and Y-o-Y Growth (%), By Drivertrain Technology
        • Market Value (US$ Mn) Forecast and Y-o-Y Growth (%), By Voltage
  1. Asia Pacific Electric Scooters and Motorcycles Market Share and Revenue Analysis
    • Introduction
    • Key Trends
    • Market Value (US$ Mn) Forecast and Y-o-Y Growth (%), By Vehicle
    • Market Value (US$ Mn) Forecast and Y-o-Y Growth (%), By Drivertrain Technology
    • Market Value (US$ Mn) Forecast and Y-o-Y Growth (%), By Voltage
    • Market Value (US$ Mn) Forecast and Y-o-Y Growth (%), By Country
      • China
        • Market Value (US$ Mn) Forecast and Y-o-Y Growth (%), By Vehicle
        • Market Value (US$ Mn) Forecast and Y-o-Y Growth (%), By Drivertrain Technology
        • Market Value (US$ Mn) Forecast and Y-o-Y Growth (%), By Voltage
      • India
        • Market Value (US$ Mn) Forecast and Y-o-Y Growth (%), By Vehicle
        • Market Value (US$ Mn) Forecast and Y-o-Y Growth (%), By Drivertrain Technology
        • Market Value (US$ Mn) Forecast and Y-o-Y Growth (%), By Voltage
      • Japan
        • Market Value (US$ Mn) Forecast and Y-o-Y Growth (%), By Vehicle
        • Market Value (US$ Mn) Forecast and Y-o-Y Growth (%), By Drivertrain Technology
        • Market Value (US$ Mn) Forecast and Y-o-Y Growth (%), By Voltage
      • ASEAN
        • Market Value (US$ Mn) Forecast and Y-o-Y Growth (%), By Vehicle
        • Market Value (US$ Mn) Forecast and Y-o-Y Growth (%), By Drivertrain Technology
        • Market Value (US$ Mn) Forecast and Y-o-Y Growth (%), By Voltage
      • Australia
        • Market Value (US$ Mn) Forecast and Y-o-Y Growth (%), By Vehicle
        • Market Value (US$ Mn) Forecast and Y-o-Y Growth (%), By Drivertrain Technology
        • Market Value (US$ Mn) Forecast and Y-o-Y Growth (%), By Voltage
      • South Korea
        • Market Value (US$ Mn) Forecast and Y-o-Y Growth (%), By Vehicle
        • Market Value (US$ Mn) Forecast and Y-o-Y Growth (%), By Drivertrain Technology
        • Market Value (US$ Mn) Forecast and Y-o-Y Growth (%), By Voltage
      • Rest of Asia Pacific
  1. Latin America Electric Motorcycles and Scooters Market Size Analysis
    • Introduction
    • Key Trends
    • Market Value (US$ Mn) Forecast and Y-o-Y Growth (%), By Vehicle
    • Market Value (US$ Mn) Forecast and Y-o-Y Growth (%), By Drivertrain Technology
    • Market Value (US$ Mn) Forecast and Y-o-Y Growth (%), By Voltage
    • Market Value (US$ Mn) Forecast and Y-o-Y Growth (%), By Country
      • Brazil
        • Market Value (US$ Mn) Forecast and Y-o-Y Growth (%), By Vehicle
        • Market Value (US$ Mn) Forecast and Y-o-Y Growth (%), By Drivertrain Technology
        • Market Value (US$ Mn) Forecast and Y-o-Y Growth (%), By Voltage
      • Mexico
        • Market Value (US$ Mn) Forecast and Y-o-Y Growth (%), By Vehicle
        • Market Value (US$ Mn) Forecast and Y-o-Y Growth (%), By Drivertrain Technology
        • Market Value (US$ Mn) Forecast and Y-o-Y Growth (%), By Voltage
      • Venezuela
        • Market Value (US$ Mn) Forecast and Y-o-Y Growth (%), By Vehicle
        • Market Value (US$ Mn) Forecast and Y-o-Y Growth (%), By Drivertrain Technology
        • Market Value (US$ Mn) Forecast and Y-o-Y Growth (%), By Voltage
      • Paraguay
        • Market Value (US$ Mn) Forecast and Y-o-Y Growth (%), By Vehicle
        • Market Value (US$ Mn) Forecast and Y-o-Y Growth (%), By Drivertrain Technology
        • Market Value (US$ Mn) Forecast and Y-o-Y Growth (%), By Voltage
      • Argentina
        • Market Value (US$ Mn) Forecast and Y-o-Y Growth (%), By Vehicle
        • Market Value (US$ Mn) Forecast and Y-o-Y Growth (%), By Drivertrain Technology
        • Market Value (US$ Mn) Forecast and Y-o-Y Growth (%), By Voltage
      • Rest of Latin America
  1. Middle East Electric Scooters and Motorcycles Market Size and Share Analysis
    • Introduction
    • Key Trends
    • Market Value (US$ Mn) Forecast and Y-o-Y Growth (%), By Vehicle
    • Market Value (US$ Mn) Forecast and Y-o-Y Growth (%), By Drivertrain Technology
    • Market Value (US$ Mn) Forecast and Y-o-Y Growth (%), By Voltage
    • Market Value (US$ Mn) Forecast and Y-o-Y Growth (%), By Country
      • GCC
        • Market Value (US$ Mn) Forecast and Y-o-Y Growth (%), By Vehicle
        • Market Value (US$ Mn) Forecast and Y-o-Y Growth (%), By Drivertrain Technology
        • Market Value (US$ Mn) Forecast and Y-o-Y Growth (%), By Voltage
      • Turkey
        • Market Value (US$ Mn) Forecast and Y-o-Y Growth (%), By Vehicle
        • Market Value (US$ Mn) Forecast and Y-o-Y Growth (%), By Drivertrain Technology
        • Market Value (US$ Mn) Forecast and Y-o-Y Growth (%), By Voltage
  1. Africa Electric Scooters and Motorcycles Market Size and Share Analysis
    • Introduction
    • Key Trends
    • Market Value (US$ Mn) Forecast and Y-o-Y Growth (%), By Vehicle
    • Market Value (US$ Mn) Forecast and Y-o-Y Growth (%), By Drivertrain Technology
    • Market Value (US$ Mn) Forecast and Y-o-Y Growth (%), By Voltage
    • Market Value (US$ Mn) Forecast and Y-o-Y Growth (%), By Country
      • South Africa
        • Market Value (US$ Mn) Forecast and Y-o-Y Growth (%), By Vehicle
        • Market Value (US$ Mn) Forecast and Y-o-Y Growth (%), By Drivertrain Technology
        • Market Value (US$ Mn) Forecast and Y-o-Y Growth (%), By Voltage
      • Nigeria
        • Market Value (US$ Mn) Forecast and Y-o-Y Growth (%), By Vehicle
        • Market Value (US$ Mn) Forecast and Y-o-Y Growth (%), By Drivertrain Technology
        • Market Value (US$ Mn) Forecast and Y-o-Y Growth (%), By Voltage
      • Algeria
        • Market Value (US$ Mn) Forecast and Y-o-Y Growth (%), By Vehicle
        • Market Value (US$ Mn) Forecast and Y-o-Y Growth (%), By Drivertrain Technology
        • Market Value (US$ Mn) Forecast and Y-o-Y Growth (%), By Voltage
  1. Company Landscape
    • Competition Dashboard
    • Company Market Positioning, 2018
    • Key Distributors, By Regional Presence
    • Scooter Sharing Company (End-use Analysis)
    • Distribution Channel Matrix
    • Company Profiles
    • Companies
      • Polaris Industries Inc.
        • Overview
        • Products
        • Key Developments
        • Business Strategy
          • Product Level
          • Go-to-Market
          • Regional Level
        • SWOT Analysis
        • Regional Presence
      • Alta Motors
      • Micro Cars Ltd.
      • Nissan
      • Toyota
      • Volvo
      • Textron
      • Mahindra Group
      • Zero Motorcycles
      • BMW
      • Vespa Elettrica
      • Numi
      • Gogoro
      • Munro Motor
      • Terra Motors Group
      • KTM
      • Govecs Group
      • Honda Motors
      • Sondors
      • Accell Group
      • Derby Cycle Holding GmbH
      • Jiangsu Xinri E-Vehicle Co. Ltd.
      • Ninebot
      • KingSong
      • NIU Technologies
      • Hero Motocorp.

Analyst Recommendations

Electric Scooters and Motorcycles Market Research Methodology

Electric Scooters Market is registering impressive growth and is expected to create huge market opportunity for established as well as new entrants. Various new entities has emerged in the market, backed by leading investors. Companies are focusing on product innovation and good distribution networks in order to scale their business footprint. Favorable government policies has further created white space opportunity for engaged players. Next ten years is a golden era for automotive industry wherein industry players will be able to drive their sales revenue to a new height. Bekryl has conducted three month long study on electric scooters and motorcycles market to understand key factors driving the market. This report offers in-depth analysis on how the industry will shape in another ten years. The data is backed by factors and strategies adopted by companies.

Bekryl Market Analysts has earned reputation within the market research and consulting industry for its ability to not only collect and reprint data but also its ability to build upon its extensive models and databases to provide meaningful forecasting and strategic planning services to clients.

Our research analyst and industry experts thoroughly investigates the industry by extensively interviewing the industry leaders and analyzing information from various secondary sources. The information collected is analyzed with the help of analytical tools to offer real time forecast solutions.

Electric Scooters and Motorcycles Market Growth Forecasting Methodology

In order to prepare historical data and analyze Electric Scooters and Motorcycles market forecast, Bekryl prepare data for product supply and actual demand from end-use consumers. Through this, we get to know actual demand for Electric Scooters and Motorcycles market globally. The data collection is done through secondary and primary market research and then a constructive model is developed.

  • Secondary market research involves data collection through various paid publications and government agencies. Various journals and pre-encrypt transcripts is decoded to get the real time data solutions
  • The data collected through secondary research is then validated with the industry experts to minimize the anomaly and reflect key stakeholders opinion in the report.

With the model constructed, the cluttered data collected through different sources is structured with the help of proprietary analytical tools – making us understand the variation happened in the current year compared to historical years. To forecast Electric Scooters and Motorcycles industry revenue, Bekryl Market Analysts takes in consideration the demand growth of the segments. Demand for the product is dependent on end-user spending which is a function of many factors: amongst them macroeconomic strength, price variation and other base factors.

The forecast methodology requires extensive data analysis across countries. Among all the factors, GVA and GDP output is considered as the first set of approximation. Bekryl Market Analysts has developed a demand driven model based on GDP across targeted countries.  Under this, co-relation is analyzed between product and GDP – resulting in a constant GDP-Product coefficient. Higher the coefficient- greater will be the growth rate. For instance, GDP-Product segment coefficient matrix of 3 denotes Electric Scooters and Motorcycles industry growth is nearly 3.5X to 5.5X higher than the relative GDP.

Besides GDP-Product Coefficient, Bekryl establishes following relation variation for higher predictive analysis.

  • Base Factors Growth Analysis
  • Price Variation Analysis
  • Potential Consumer Mapping

Electric Scooters and Motorcycles Industry Players: Competition Landscape Methodology

Bekryl maps key market players across regions. Financial ratios is taken in consideration along with regional presence and their value chain to understand the company market strength. Thereafter, investment proposition for each company is proposed which gives coefficient matrix value for the company. Industry experts is also reflected in company landscape.

Report Sample

 

Purchase
   

HOW WE ARE DIFFERENT

Bekryl widget

 

Growth Partnership

We work together with our clients to present strategic market research solutions that not only helps in understanding the net opportunity but also industry macroeconomic trends shaping the market. We extend our services to all types of industries ranging from inspiring startups to industry giants.

Tailored Solutions

We provide strategic solutions that help client meet their business needs. Our market research and consulting services includes wide range of organizations ranging from industries to educational and research institutes. Our well-equipped analytical team help client to explore digital platform for maximizing profits.

Industry Partnership

Bekryl Analysts track over 800 media channels and over 9000 market players to get the most blistering information on latest happening. It helps Bekryl to contribute consulting solutions that is proven and effective for clients.

CONNECT WITH US

Purchase