Product Code: ETC7542399 | Publication Date: Sep 2024 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The India Electric Scooters and Motorcycles market is experiencing rapid growth driven by increasing environmental awareness, government incentives, and rising fuel prices. Key players like Ather Energy, Hero Electric, and Bajaj Auto are leading the market with innovative offerings and expanding distribution networks. The market is witnessing a shift towards electric vehicles as consumers seek eco-friendly and cost-effective transportation solutions. Infrastructure development for charging stations and favorable government policies promoting electric mobility are further boosting the market. However, challenges such as high upfront costs, limited range, and lack of awareness remain barriers to widespread adoption. Overall, the India Electric Scooters and Motorcycles market is poised for significant expansion in the coming years, driven by technological advancements and changing consumer preferences.
The India Electric Scooters and Motorcycles Market is experiencing rapid growth driven by increasing awareness of environmental issues, government incentives, and rising fuel costs. Key trends include the introduction of innovative features like connected technology and swappable batteries, as well as the expansion of charging infrastructure. Opportunities in the market lie in catering to the growing demand for affordable and eco-friendly transportation solutions in urban areas, as well as targeting specific segments such as last-mile delivery services and shared mobility providers. Collaboration with technology companies for advanced features and partnerships with government bodies for policy support will be crucial for companies looking to capitalize on the burgeoning market for electric two-wheelers in India.
The India Electric Scooters and Motorcycles market faces several challenges, including limited charging infrastructure, range anxiety among consumers, high upfront costs of electric vehicles compared to traditional gasoline-powered ones, and a lack of awareness about the benefits of electric mobility. Additionally, concerns about the reliability and longevity of electric vehicle batteries, as well as the availability of skilled technicians for maintenance and repairs, pose obstacles to wider adoption. Government policies and incentives play a crucial role in addressing these challenges, but inconsistencies in regulations and subsidies across different states in India further complicate the market landscape. Overcoming these hurdles will require concerted efforts from industry stakeholders, policymakers, and consumers to promote sustainable and eco-friendly transportation solutions in the country.
The India Electric Scooters and Motorcycles market is being primarily driven by increasing environmental concerns and the push towards sustainable transportation solutions. Growing awareness about air pollution and the need to reduce carbon emissions has led to a rising demand for electric vehicles, including scooters and motorcycles. Additionally, government incentives and subsidies to promote electric vehicle adoption, improving charging infrastructure, and the overall lower operating costs of electric two-wheelers compared to traditional gasoline-powered vehicles are also key factors driving market growth. The increasing urbanization and congestion in cities are further fueling the demand for electric scooters and motorcycles as convenient and eco-friendly modes of transportation in India.
The Indian government has implemented various policies to promote the adoption of electric scooters and motorcycles in the country. The Faster Adoption and Manufacturing of Electric Vehicles (FAME) scheme provides subsidies and incentives to manufacturers and buyers of electric two-wheelers, including scooters and motorcycles. Additionally, the government has set a target to achieve 30% electric vehicle penetration by 2030, which includes promoting the manufacturing and adoption of electric two-wheelers. Various state governments have also introduced incentives such as registration fee waivers and subsidies to encourage the use of electric vehicles. These policies aim to reduce pollution, decrease reliance on fossil fuels, and promote sustainable transportation options in India.
The India Electric Scooters and Motorcycles Market is poised for significant growth in the coming years due to increasing environmental concerns, rising fuel prices, and government incentives promoting electric vehicles. As the country aims to reduce emissions and achieve sustainability goals, the demand for electric two-wheelers is expected to surge. Moreover, improvements in battery technology, infrastructure development, and the entry of new players offering innovative and affordable electric models will further drive market expansion. With a growing emphasis on clean mobility solutions and the preference for cost-effective and convenient transportation options, the India Electric Scooters and Motorcycles Market is likely to experience substantial growth and adoption in the foreseeable future.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Electric Scooters and Motorcycles Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Electric Scooters and Motorcycles Market Revenues & Volume, 2021 & 2031F |
3.3 India Electric Scooters and Motorcycles Market - Industry Life Cycle |
3.4 India Electric Scooters and Motorcycles Market - Porter's Five Forces |
3.5 India Electric Scooters and Motorcycles Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
3.6 India Electric Scooters and Motorcycles Market Revenues & Volume Share, By Battery Type, 2021 & 2031F |
3.7 India Electric Scooters and Motorcycles Market Revenues & Volume Share, By Battery Capacity, 2021 & 2031F |
3.8 India Electric Scooters and Motorcycles Market Revenues & Volume Share, By Usage, 2021 & 2031F |
4 India Electric Scooters and Motorcycles Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Electric Scooters and Motorcycles Market Trends |
6 India Electric Scooters and Motorcycles Market, By Types |
6.1 India Electric Scooters and Motorcycles Market, By Vehicle Type |
6.1.1 Overview and Analysis |
6.1.2 India Electric Scooters and Motorcycles Market Revenues & Volume, By Vehicle Type, 2021- 2031F |
6.1.3 India Electric Scooters and Motorcycles Market Revenues & Volume, By E-scooter, 2021- 2031F |
6.1.4 India Electric Scooters and Motorcycles Market Revenues & Volume, By E-motorcycle, 2021- 2031F |
6.2 India Electric Scooters and Motorcycles Market, By Battery Type |
6.2.1 Overview and Analysis |
6.2.2 India Electric Scooters and Motorcycles Market Revenues & Volume, By Lithium-ion, 2021- 2031F |
6.3 India Electric Scooters and Motorcycles Market, By Battery Capacity |
6.3.1 Overview and Analysis |
6.3.2 India Electric Scooters and Motorcycles Market Revenues & Volume, By <5 kWh, 2021- 2031F |
6.3.3 India Electric Scooters and Motorcycles Market Revenues & Volume, By 5-10 kWh, 2021- 2031F |
6.3.4 India Electric Scooters and Motorcycles Market Revenues & Volume, By 10-15 kWh, 2021- 2031F |
6.3.5 India Electric Scooters and Motorcycles Market Revenues & Volume, By >15 kWh, 2021- 2031F |
6.4 India Electric Scooters and Motorcycles Market, By Usage |
6.4.1 Overview and Analysis |
6.4.2 India Electric Scooters and Motorcycles Market Revenues & Volume, By Commercial, 2021- 2031F |
6.4.3 India Electric Scooters and Motorcycles Market Revenues & Volume, By Private, 2021- 2031F |
7 India Electric Scooters and Motorcycles Market Import-Export Trade Statistics |
7.1 India Electric Scooters and Motorcycles Market Export to Major Countries |
7.2 India Electric Scooters and Motorcycles Market Imports from Major Countries |
8 India Electric Scooters and Motorcycles Market Key Performance Indicators |
9 India Electric Scooters and Motorcycles Market - Opportunity Assessment |
9.1 India Electric Scooters and Motorcycles Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
9.2 India Electric Scooters and Motorcycles Market Opportunity Assessment, By Battery Type, 2021 & 2031F |
9.3 India Electric Scooters and Motorcycles Market Opportunity Assessment, By Battery Capacity, 2021 & 2031F |
9.4 India Electric Scooters and Motorcycles Market Opportunity Assessment, By Usage, 2021 & 2031F |
10 India Electric Scooters and Motorcycles Market - Competitive Landscape |
10.1 India Electric Scooters and Motorcycles Market Revenue Share, By Companies, 2024 |
10.2 India Electric Scooters and Motorcycles Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |