DUBLIN--(BUSINESS WIRE)--The "Electric Scooter Market: Trends, Opportunities and Competitive Analysis" report has been added to ResearchAndMarkets.com's offering.
The future of the global electric scooter market looks promising with opportunities in the retro, standing, and folding scooter markets.
The global electric scooter market is expected to reach an estimated $26.6 billion by 2027 with a CAGR of 9.3% from 2021 to 2027. The major drivers for this market are increasing consumer awareness regarding eco-friendly transportation, stringent environmental regulations, rising government incentives and subsidies programs, and growing adoption of e-scooter sharing service.
Emerging Trends in the Electric Scooter Market
Emerging trends, which have a direct impact on the dynamics of the industry, include increasing adoption of e-scooter sharing, and development of lightweight lithium battery for E-scooters.
A total of 145 figures/charts and 113 tables are provided in this 198-page report to help in your business decisions. To learn the scope, benefits, companies researched, and other details of the global electric scooter market report, then you should read this report.
Electric Scooter Market by Segments
The analyst forecasts that retro electric scooter will remain the largest segment, and it is also expected to witness the highest growth over the forecast period. The study includes trends and forecast for the global electric scooter market by electric scooter product type, technology, battery type, voltage type, and region, as follows:
Electric Scooter Market by Product Type [Value $M Shipment from 2016 to 2027]:
- Retro Electric Scooter
- Standing Electric Scooter
- Folding Electric Scooter
Electric Scooter Market by Technology [Value $M Shipment from 2016 to 2027]:
- Plug-in
- Battery
Electric Scooter Market by Battery Type [Value $M Shipment from 2016 to 2027]:
- Sealed Lead Aci. (SLA)
- Lithium Ion
- Others
Electric Scooter Market by Voltage Type [Value $M Shipment from 2016 to 2027]:
- 24 V
- 36 V
- 48 V
- >48 V
Electric Scooter Market by Region [Value ($ Million) and Volume (Million Units) from 2016 to 2027]:
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- France
- Russia
- United Kingdom
- Italy
- Asia Pacific
- China
- Japan
- The Rest of the World
- Brazil
- Turkey
List of Electric Scooter Companies
Companies in the market compete on the basis of the product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies electric scooter companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the electric scooter companies profiled in this report include:
- NIU Technologies
- Terra Motors Corporation
- Vmoto Limited
- Yadea Technology Group Co
- BMW Mottard International
- Gogoro Inc.,
- Xiaomi Corporation
- Mahindra Genze
- Govecs Group
- Jiangsu Xinri Electric Vehicle Co.
Electric Scooter Market Insights
- The analyst forecasts that retro electric scooter will remain the largest segment as it provides a longer driving range, and lower economical maintenance cost with reduced noise level.
- APAC will remain the largest region due to growing concerns on environmental pollution, and rising investment from Chinese government to develop charging stations infrastructure. North America is expected to witness highest growth over the forecast period due to emergence of electric scooter sharing fleets, easy availability of smart charging stations, and increasing use of electric scooters in food and beverage delivery services.
Features of the Global Electric Scooter Market
- Market Size Estimates: Global electric scooter market size estimation in terms of value ($M) and volume (million units) shipment.
- Trend and Forecast Analysis: Market trends (2016-2021) and forecast (2022-2027) by various segments.
- Segmentation Analysis: Global electric scooter market size by various segments, such as by type in terms of value and volume.
- Regional Analysis: Global electric scooter market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
- Growth Opportunities: Analysis of growth opportunities in different segments by a product type, technology, battery type, voltage type and regions for the global electric scooter market.
- Strategic Analysis: This includes M&A, new product development, and competitive landscape of the global electric scooter market.
- Analysis of competitive intensity of the industry based on Porter's Five Forces model
For more information about this report visit https://www.researchandmarkets.com/r/s01q5d
