Electric two-wheeler market seen reaching $75.88B by 2030

The Business Research Company projects the global electric two-wheeler market will rise from $46.16 billion in 2025 to $51.14 billion in 2026, before climbing to $75.88 billion by 2030. Higher fuel costs, urban congestion, charging buildout and battery improvements are among the main growth drivers.

Why it matters: - Electric two-wheelers are gaining traction as a lower-cost, lower-emissions alternative to gasoline-powered scooters and motorcycles. - The market’s projected climb signals continued investment in batteries, charging infrastructure and manufacturing capacity. - The shift matters for commuters and delivery operators facing rising fuel costs and crowded cities.

What happened: - The Business Research Company published its Electric Two-Wheeler Global Market Report 2026, covering market size, trends and forecasts through 2035. - The report pegs the market at $46.16 billion in 2025 and $51.14 billion in 2026, implying 10.8% annual growth. - The report forecasts the market reaching $75.88 billion by 2030, with a 10.4% CAGR. - The report says Asia-Pacific was the largest market in 2025. - The report says Europe is expected to be the fastest-growing region during the forecast period. - The report covers Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, the Middle East and Africa.

The details: - Electric two-wheelers use rechargeable batteries and an electric motor instead of a traditional fuel engine. - The report links growth to demand for advanced battery systems, more charging stations, smart connected vehicles and sustainable personal mobility. - The report also cites rising investment in manufacturing facilities as a growth factor. - Key trends include better battery technology, lower prices, longer driving ranges, faster charging and lighter components. - Rising petrol and diesel prices are helping push consumers toward electric models. - The UK’s Department for Energy Security and Net Zero reported average June 2024 petrol prices of 145.1 pence per liter and diesel prices of 150.6 pence per liter. - Those UK fuel prices were up 1.7% and 3.5% year over year, respectively. - The report says urban growth and demand for convenient transport are boosting use for short trips, commuting and delivery work. - Electric two-wheelers can reduce traffic and parking pressure in congested cities. - The report’s package includes market attractiveness scoring, TAM analysis, company scoring matrix graphics and tables, Excel forecasting dashboards, market hotspot infographics, key technology analysis and updated graphics and tables. - The company also provided a free sample report and a full report link: More information and the full report.

Between the lines: - The forecast points to a market moving from niche adoption toward broader mass-market use as cost, range and charging barriers improve. - Regional leadership still appears concentrated in Asia-Pacific, but Europe’s regulatory push suggests faster expansion there than in other mature markets. - The emphasis on smart, connected vehicles suggests buyers are starting to value software and convenience features alongside basic transportation savings.

What's next: - The market will likely keep tracking battery performance, charging access and vehicle affordability as the main adoption levers. - Manufacturers and suppliers are expected to focus on lighter designs, faster charging and longer-range models to capture demand. - Policy support and fuel-price pressure will remain key variables shaping regional growth.