Maxi Scooter Market: Introduction
- Maxi scooters, commonly referred to as touring scooters, are a more advanced category of scooters with larger frames and stronger engines that have a capacity between 150 and 850 cc. Maxi scooters have a few more modern features in comparison to normal two-wheeled mopeds and bikes, which make driving more comfortable for the user and relieves him from the tiresome work of navigating through traffic jams. Maxi scooters also have a travel compartment, which makes it easier for the user to utilize them for tours or short-distance trips. The powerful engines and automatic transmission systems of the maxi scooters offer a smooth ride with increased vehicle speed.
- Rise in consumer preference toward high performance and durable automatic transmission vehicles is increasing the demand for automatic two wheelers or mopeds, which in turn is anticipated to propel the maxi scooter market during the forecast period.
Key Drivers of Maxi Scooter Market
- The maxi scooter allows users to leverage the benefits of the various factors such as ease in operating, comfortability, higher performance, and latest technologies & features including cruise control, wind protection and storage space. These factors are driving the maxi scooter market.
- Maxi scooters are an alternative to the currently available scooters, bikes, and mopeds. They have CVT engines that offer greater weather protection because of their improved leg protection and ground clearance. They also have a correctly mounted windscreen to shelter the rider from dirt and dust, making them a complete ride for short journeys and sporadic tour rides. Adoption of maxi scooters is estimated to increase significantly due to their excellent engine performance.
Challenges in Maxi Scooter Market
- Consider markets like India and Indonesia, where there is a well-established market for two-wheelers and conventional scooters, which are ideally suited for on-road transportation in line with traffic jams and poor road conditions. The likelihood that the drivers would switch to maxi scooters, which are more expensive and use less fuel, is therefore reduced. There aren't many prospects for the maxi scooter market in India and China; however, producers may undoubtedly focus on the market in European nations such as France and Germany, which can make a substantial contribution to the maxi scooter industry.
- Maxi Scooter or bike taxi providers are facing some legal issues related to their registration with local authorities. Moreover, cost of such scooters is another challenging factor in the growth of maxi scooter market. Since price of maxi scooters is very high as compare to the conventional scooters or two wheelers, which is restricted the market growth.
Opportunities in Maxi Scooter Market
- The use of two-wheelers, or more specifically, fuel-efficient vehicles, is being encouraged by the ongoing increase in fuel prices caused by the depletion of fuel resources. The maxi scooter offers a fuel-efficient alternative that is superior in quality and comfort to other two-wheelers, further encouraging the use of these vehicles. All of the recently launched maxi scooters are CVTs (Continuous Variable Transmission), making them easy to manoeuvres on the roads and suitable for lengthy rides. This is done to make them more user-friendly for drivers.
- Continuous rise in urbanization is generating the need for two-wheelers, in which commuters are showing higher inclination toward automatic transmission vehicles or mopeds to enjoy the hassle-free ride in heavy traffic areas, which would impel the demand for maxi scooter
Regional Outlook of Maxi Scooter Market
The market for maxi scooters in Europe can grow to a promising size thanks to the state of the highways and wider roadways and consumers' preference for scooters with more space and comfort while driving, maxi scooters are particularly popular in the region. While the comfort and esthetics of a vehicle have traditionally been more important to North American consumers than other parts of the world, the North America market for maxi scooters is also anticipated to expand at a respectable rate over the next years. The manufacturing of automobiles in East Asia, led by China and Japan, is anticipated to be robust; however, consumers may still favor conventional scooters to deal with the city's increased traffic congestion and narrower lanes. The market in Latin America is anticipated to grow at a steady pace because to the growing popularity of these vehicles in the region's major cities. It is projected that the market for maxi scooters in Middle East & Africa would remain static, with Africa contributing the least.
Key Players Operating in Maxi Scooter Market
The global maxi scooter market is moderately consolidated. A few of the key players operating in the global maxi scooter market are:
- Yamaha Motor Company Limited
- Bayerische Motoren Werke AG
- Suzuki Motor Corporation
- Zapp Scooters Limited
- Honda Motor Company
- KWANG YANG MOTOR CO., LTD.
- PEUGEOT
- Sanyang Motor Co., Ltd.
- Piaggio Group
- Hero MotoCorp
- Aprilia
Global Maxi Scooter Market: Research Scope
Global Maxi Scooter Market, by Engine Capacity
- 150 -250 cc
- 250 -500 cc
- 500 – 750 cc
- Above 750 cc
Global Maxi Scooter Market, by Cylinder Type
- Single Cylinder Engine
- Parallel Twin Engine
- Multi Cylinder Engine
Global Maxi Scooter Market, by Power Generation
- Up to 15 bhp
- 15 – 30 bhp
- More than 30 – 50 bhp
- More than 50 bhp
Global Maxi Scooter Market, by Region
- North America
- Europe
- Germany
- France
- U.K.
- Italy
- Spain
- Nordic Region
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- ASEAN
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- Saudi Arabia
- UAE
- Nigeria
- South Africa
- Rest of Middle East & Africa