
Report ID: SQMIG25D2015
Skyquest Technology's expert advisors have carried out comprehensive global market analysis on the electric two-wheeler market, covering regional industry trends and market insights. Our team of analysts have conducted in-depth primary and secondary research to provide regional industry analysis and forecast of electric two-wheeler market across North America, South America, Europe, Asia, the Middle East, and Africa.
As per the 2024 electric two-wheeler market regional forecast, with cities growing more crowded and people becoming more concerned about the environment, the North American market, which is valued at more than USD 3.91 billion, is expected to grow rapidly. Harley-Davidson unveiled the DrgnFly, a ground-breaking electric bike that emphasizes sustainability and advanced networking, at CES 2024 in March 2024. They are also more accessible due to the growth of e-bike lending libraries, which are expected to reach more than 50 locations in the US by early 2025. Electric car adoption is also accelerated by government incentives and the construction of charging stations in US and Canadian cities.
U.S. Electric Two-Wheeler Market
The U.S. electric two-wheeler market growth is expected to reach more than USD 9.25 billion by 2032. In March 2024, Harley-Davidson debuted the DrgnFly electric bike at CES 2024. It has the newest networking and performance features. In the US, there are currently about 50 e-bike lending libraries that provide free use of electric bikes for transportation or recreation.
Canada Electric Two-Wheeler Market
The electric two-wheeler market share is growing in Canada because governments are facilitating the purchase of electric two-wheelers and because the common man is becoming concerned with the environment. In 2024, the Canadian government made announcements regarding incentives for the purchase of electric vehicles, including electric motorbikes and scooters. This is to promote the use of greener modes of transportation. The construction of charging stations in urban areas facilitates the use of electric two-wheelers.
The European electric two-wheeler market benefits from robust government support for sustainable cities and clean mobility. Countries like France and Germany are developing battery technology and the infrastructure needed to charge them, as their values have been steadily increasing since 2024. In January 2025, for example, Germany provided extra incentives to encourage motorcyclists to switch from gas-powered to electric motorcycles. Due to increased demand and government support, e-scooter rental programs are rapidly expanding throughout UK cities.
UK Electric Two-Wheeler Market
The UK electric two-wheeler market demand is growing, due to a commitment to sustainable travel by the government, coupled with an increase in public appreciation of the environment. Financial incentives are being offered by the government to stimulate the purchase of electric vehicles, including motorbikes and scooters. The charging infrastructure for your electric two-wheeler is being rolled out in cities to enhance their use for regular commuter travel.
France Electric Two-Wheeler Market
The French electric two-wheeler market growth is expanding rapidly due to urbanization, government subsidies, and environmental concerns. By offering tax credits and subsidies, the French government helps consumers afford electric vehicles. The construction of charging stations and improvements in battery technology are also contributing to the growing demand for electric two-wheelers.
Germany Electric Two-Wheeler Market
New technology and environmental friendliness are key factors in the German electric two-wheeler market growth. To increase the use of electric bikes and scooters, the nation is concentrating on creating state-of-the-art battery technology and enhancing charging infrastructure. The market is expanding as a result of government policies and incentives that support environmentally friendly transportation options.
The largest electric two-wheeler market is Asia-Pacific. China alone accounted for about 69% of total sales as of 2024. Government regulations, low-cost production, and an increase in urbanization are the main drivers of the region's market expansion. In April 2024, the Indian government expanded the FAME subsidy program to include more reasonably priced electric scooter models, enabling people to purchase them more quickly. South Korea and Japan both desire advanced electric motorcycles. Smart connected e-bikes with an emphasis on performance and design for city dwellers will be released by South Korea in late 2024.
The electric two-wheeler market in Japan is characterized by innovative technologies and useful urban transportation options. The nation's established automotive industry has enabled the production of extremely complex electric bikes that prioritize quality, longevity, and state-of-the-art technologies. Japanese automakers have concentrated on creating vehicles that satisfy urban commuters' demands while adhering to the nation's stringent safety and environmental regulations.
The electric two-wheeler market demand in South Korea is heavily centered on advancing technology and facilitating urban mobility. Advanced electric bikes with the newest features and dependable performance are now possible due to the nation's superior electronics and battery manufacturing capabilities. Korean producers have focused heavily on the quality of their designs and construction, creating goods that appeal to urbanites who value style.
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Global Electric Two-Wheeler Market size was valued at USD 26.94 Billion in 2023 and is poised to grow from USD 30.05 Billion in 2024 to USD 72.04 Billion by 2032, growing at a CAGR of 11.55% in the forecast period (2025-2032).
Hero Electric, Ather Energy, NIU Technologies, Bajaj Auto, TVS Motor Company, Okinawa Autotech, Revolt Motors, Ola Electric, Yamaha Motor Company, Honda Motor Company, Hyundai Motor Company, Gogoro, Peugeot Motocycles, Vmoto
Global government incentives like subsidies and tax breaks are making electric two-wheelers more affordable, boosting demand and supporting eco-friendly transport goals.
Smart features like IoT, GPS, and app connectivity are enhancing electric two-wheelers, boosting safety, convenience, and demand through a better user experience.
With rising urban congestion and eco-awareness, North America's electric two-wheeler market is set to grow, driven by innovations, incentives, and expanding e-bike access.
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Report ID: SQMIG25D2015
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