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Global Electric Two Wheeler Sharing Market Size By Type (Dock-Based, Dockless), By Application (Scooters, Mopeds), By Region, And Segment Forecasts, 2023 to 2032
Report Id: 39617 | Published Date: Apr 2025 | No. of Pages: | Base Year for Estimate: Apr 2025 | Format:
The Global Electric Two-Wheeler Sharing Market was valued at USD 1.8 billion in 2023 and is projected to surpass USD 4.2 billion by 2031, growing at a CAGR of 11.5% during the forecast period of 2023 to 2031. The rising demand for sustainable urban mobility solutions, increasing environmental awareness, and technological advancements in electric vehicles (EVs) are driving the market. Electric two-wheeler sharing services offer a convenient, eco-friendly, and cost-effective transportation option, gaining popularity in urban areas worldwide.
Drivers
Rising Urbanization and Traffic Congestion:
Increasing urban population and worsening traffic congestion are boosting the
adoption of shared mobility solutions like electric two-wheelers.
Government Support and Regulations:
Governments are promoting EV adoption through subsidies and stringent emission
norms, encouraging the growth of shared electric mobility services.
Technological Advancements: Innovations in
battery technology, IoT integration, and app-based ride solutions are enhancing
user convenience, driving market growth.
Restraints
High Operational Costs: Maintenance of
electric vehicles, battery replacements, and operational logistics pose cost
challenges to service providers.
Infrastructure Gaps: Lack of adequate
charging stations and parking spaces in some regions hinder market growth.
Opportunity
Expansion in Emerging Economies: Emerging
markets, particularly in Asia-Pacific and Latin America, present significant
growth opportunities due to increasing urbanization and rising demand for
affordable shared mobility options.
Integration with Public Transportation
Systems: Partnerships with public transportation networks offer opportunities
for seamless urban mobility and broader market adoption.
Scope
of Work – Global Electric Two-Wheeler Sharing Market
|
Report
Metric |
Details |
|
Market Size in 2023 |
USD 1.8 billion |
|
Market Size in 2031 |
USD 4.2 billion |
|
Growth Rate (CAGR) |
11.5% (2023–2031) |
|
Market Segments |
System Type (Docked, Dockless), Vehicle
Type (Scooters, Motorcycles) |
|
Growth Drivers |
Urbanization, Government EV Policies,
Technological Advancements |
|
Opportunities |
Emerging Markets, Public Transport
Integration |
Key
Market Developments
2023: Lime introduced advanced
battery-swappable scooters in Europe, reducing downtime and enhancing
operational efficiency.
2024: Bird expanded into the Latin American
market, targeting urban centers with high traffic congestion.
2025: Yulu partnered with Indian public
transportation networks to offer integrated mobility solutions in metro cities.
FAQs
What is the current market size of the
Global Electric Two-Wheeler Sharing Market?
The market was valued at USD 1.8 billion in
2023.
What is the major growth driver of the
Global Electric Two-Wheeler Sharing Market?
Rising urbanization, government support for
EV adoption, and advancements in battery technology.
Which is the largest region during the
forecast period in the Global Electric Two-Wheeler Sharing Market?
Asia-Pacific is expected to dominate due to
increasing urbanization and government initiatives.
Which segment accounted for the largest
market share in the Global Electric Two-Wheeler Sharing Market?
The Dockless System segment led the market
in 2023.
Who are the key market players in the
Global Electric Two-Wheeler Sharing Market?
Lime, Bird, Yulu, Vogo, Bounce, and Scoot
Networks are among the prominent players.
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