In 2021, the Italy electric scooter and motorcycle market had revenues of $26.7 million, which will hit $707.1 million value by 2035, with an almost 30.5% CAGR from 2021 to 2025 and a further 24.4% from 2026 to 2035. Electric scooters and motorcycles with top speeds of more than 80 km/h are anticipated to have the market's fastest growth, with a CAGR of over 35% from 2026 to 2035.
A huge population of racing aficionados is another factor driving the need for sports motorcycles in the Italy electric scooter and bike market. Additionally, it is anticipated that these two-wheelers' improved long-term worth and performance would increase their total sales in the upcoming years.
Italy Electric Scooter and Motorcycle Market Report 2022-30 |
One of the key reasons influencing the Italy electric bike and scooter market is the significant increase in the price of gasoline products. Traditional two-wheelers are more inefficient and more expensive to run than electric ones. Electronic systems surpass mechanical ones in terms of effectiveness and longevity because there is less wear and friction.