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The low-powered electric motorcycle and scooter market size is estimated to grow by USD 23.74 billion at a CAGR of 17.96% between 2023 and 2028. Electric vehicles (EVs) have gained significant traction in recent years due to a confluence of factors. Government incentives, such as tax credits and subsidies, have made EVs more affordable for consumers. Regulatory initiatives, including emissions standards and zero-emission vehicle mandates, have also driven demand. Moreover, growing awareness about environmental issues and the negative impacts of traditional internal combustion engines on air quality have increased the appeal of EVs. Furthermore, fluctuating fuel prices have made the long-term cost savings of EVs more compelling. These factors have combined to create a favorable market environment for EVs, with sales continuing to rise and the technology becoming increasingly mainstream.
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1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Vehicle Type
7 Market Segmentation by Battery Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
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