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Motorcycles, Scooters and Mopeds Market Poised To Hit $513.78 Billion By 2030 With A 6.5% CAGR
The motorcycles, scooters and mopeds market size has grown strongly in recent years. It will grow from $376.14 billion in 2025 to $399.93 billion in 2026 at a compound annual growth rate (CAGR) of 6.3%. The growth in the historic period can be attributed to urban population growth, affordability of two wheelers, fuel efficiency needs, expansion of delivery services, congestion in metropolitan areas.
The motorcycles, scooters and mopeds market size is expected to see strong growth in the next few years. It will grow to $513.78 billion in 2030 at a compound annual growth rate (CAGR) of 6.5%. The growth in the forecast period can be attributed to government support for electric two wheelers, expansion of charging infrastructure, growth of urban mobility demand, rising environmental awareness, innovation in lightweight materials. Major trends in the forecast period include rising adoption of electric scooters, growth of compact urban two wheelers, increasing demand for fuel efficient models, expansion of shared two wheeler services, customization of two wheeler designs.
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Motorcycles, Scooters and Mopeds Market Demand Drivers: What’s Powering Industry Growth?
The growth of electric two-wheelers is expected to propel the growth of the motorcycles, scooters and mopeds market going forward. Electric two-wheelers refer to battery-powered motorcycles, scooters, mopeds, and e-bikes that use electric motors instead of internal combustion engines for propulsion. The rising growth of electric two-wheelers is driven by expanding urban micromobility infrastructure and government incentives for zero-emission vehicles, as cities invest in bike lanes, charging stations, and shared mobility programs while federal and state authorities offer tax credits and rebates to encourage adoption of electric transportation alternatives. Growing electric two-wheeler usage supports overall motorcycle, scooter, and moped segment expansion as these battery-powered vehicles add new customer segments, increase total ridership, and drive technological innovation that benefits the entire two-wheeler category. For instance, in October 2024, according to the U.S. Department of Energy (DOE), a US-based federal agency, shared micromobility trips on electric scooters and bikes increased from 130 million in 2022 to 133 million in 2023, with ridership almost evenly split between scooters accounting for 65 million trips and bikes totaling 68 million trips, demonstrating continued growth in electric two-wheeler adoption across American cities. Therefore, the growth of electric two-wheelers is driving the growth of the motorcycles, scooters and mopeds market.
Motorcycles, Scooters and Mopeds Market Segment Analysis Spotlighting Growth Areas
The motorcycles, scooters and mopeds market covered in this report is segmented –
1) By Type: Motorcycles, Scooters, Mopeds
2) By Engine Capacity Type: Up to 150cc, 151-300cc, 301-500cc, Above 500cc
3) By Application: Residential, Commercial, Other Applications
Subsegments:
1) By Motorcycles: Cruiser Motorcycles, Sport Motorcycles, Touring Motorcycles, Dirt Bikes, Chopper Motorcycles, Dual-Sport Motorcycles
2) By Scooters: Electric Scooters, Gas-Powered Scooters, Kick Scooters, Mobility Scooters
3) By Mopeds: Pedal Mopeds, Electric Mopeds, Gas-Powered Mopeds
Motorcycles, Scooters and Mopeds Market Innovation Trends: What Developments Are Reshaping The Industry?
Major companies operating in the motorcycles, scooters & mopeds market are increasingly focusing on developing electric scooters and e-mobility two-wheelers to meet the rising demand for sustainable urban mobility, lower emissions, quieter commuting, and regulatory pushes toward cleaner transport, especially in densely populated and fast-growing markets. Electric scooters replace traditional internal-combustion-engine (ICE) bikes with electric motors and battery packs, eliminating tailpipe emissions and reducing noise, while offering simpler maintenance, instant torque, and lower cost of ownership over time. For instance, in November 2025, Yamaha Motor, a Japan-based motorcycle and scooter manufacturer, launched two new electric scooter models AEROX E and EC 06 for the Indian market. The AEROX E is a sport-scooter EV developed in-house, delivering Yamaha’s signature sporty design in all-electric form, while the EC-06, developed in collaboration with EV-startup River Mobility (India), targets a broader commuter segment with a “stylish & cool” design and practical urban mobility.
Motorcycles, Scooters and Mopeds Market Leading Companies: Who Holds The Strongest Market Presence?
Major companies operating in the motorcycles, scooters and mopeds market report include Bayerische Motoren Werke AG, Honda Motor Co. Ltd., Suzuki Motor Corporation, Chang’an Automobile Co. Ltd., Yamaha Motor Co. Ltd., Kawasaki Heavy Industries Ltd., Bajaj Auto Limited, Hero MotoCorp Limited, Pierer Mobility AG, TVS Motor Company, Piaggio & C. SpA., Eicher Motors Limited, Ducati Motor Holding S.p.A., Triumph Motorcycles Ltd., Jinyi Motor Co. Ltd., Sundiro Honda Motorcycle Co. Ltd., Kymco, Zero Motorcycles Inc., MV Agusta Motor S.p.A., Loncin Holdings Ltd., Norton Motorcycle Company Ltd., Zongshen Industry Group Co. Ltd., Hyosung Motors & Machinery Inc.
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Motorcycles, Scooters and Mopeds Market Top Region By Revenue And Market Share
Asia-Pacific was the largest region in the motorcycles, scooters, and mopeds market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the motorcycles, scooters and mopeds market report include Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Wasay has over a decade of experience in market research, data modelling, and analytics, with prior experience at GlobalData and Decision Tree Consulting Services. At The Business Research Company , he leads research operations across syndicated studies, customized consulting engagements, and the Global Market Model platform. His professional experience includes supporting organizations such as Boston Consulting Group, KPMG, and Ernst & Young. Wasay holds a degree in Electronics and Communications Engineering, postgraduate management qualifications from International Management Institute Belgium and Indian School of Business and Entrepreneurship, and completed the Integrated Program in Business Analytics from Indian Institute of Management Indore.
