Most countries define e-bikes as vehicles that have pedals and can be human-powered as well as powered by a low-powered motor with limited speed capabilities. China, however, does not require e-bikes to have pedals, but limits them simply to 20 kph (12 mph). The classification of e-bikes, e-scooters, and e-motorcycles varies substantially across the globe.
In 2010, Pike Research had forecast that more than 466 million e-bikes, e-motorcycles, and e-scooters will be sold worldwide during the period from 2010 to 2016. E-bikes were forecast to have the largest category with 56% of the market, followed by e-motorcycles at 43% and e-scooters in a distant third place with less than 1%. This does not match the breakdown of the 2011 forecast as they had different definitions of motorcycle, scooter and bicycle. They probably also had different writers for the forecasts.
The e-scooter market will be significantly larger than the e-motorcycle market in 2017 due entirely to the 19.6 million e-scooter market in Asia Pacific, which is 98% of the global market. The e-motorcycle market will reach 2.9 million vehicles annually by 2017. North America’s e-scooter and e-motorcycle markets are expected to grow rapidly over the next five years to reach 41,146 and 27,971 vehicles respectively by 2017. China is the largest market for e-motorcycles and e-scooters, forecasted to be 2.26 million and 13.53 million, respectively, by 2017. Since e-motorcycles will have to be registered, they will experience slower growth (1.8% CAGR between 2011 and 2017, compared to 4.8% CAGR for e-scooters, according to Pike. Asia Pacific, on the whole, is expected to reach sales of 2.7 million e-motorcycles and 19.6 million e-scooters by 2017.
If you liked this article, please give it a quick review on ycombinator or StumbleUpon. Thanks