Global Electric Scooter Market Trends, Applications, Analysis, Growth, and Forecast: 2017 to 2027

MarketResearch.biz delivers in-depth insights on the global electric scooter market in its upcoming report titled, “Global Electric Scooter Market Trends, Applications, Analysis, Growth, and Forecast: 2017 to 2027”. The global electric scooter market is estimated to register a CAGR of X.X% in terms of value during forecast period 2017–2027. The report offers in-depth insights, revenue details, and other vital information regarding the target market, and the various trends, drivers, restraints, opportunities, and threats till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global electric scooter market report has been segmented on the basis of product, battery, voltage, and region.

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This report is based on synthesis, analysis, and interpretation of information gathered regarding the target market from various sources. Our analysts have analysed the information and data and gained insights using a mix of primary and secondary research efforts with the primary objective to provide a holistic view of the market. In addition, an in-house study has been made of the global economic conditions and other economic indicators and factors to assess their respective impact on the market historically, as well as the current impact in order to make informed forecasts about the scenarios in future.

Electric two-wheelers are cleaner than gasoline-powered two-wheelers. Gasoline two-wheelers emit high amount the CO2 in environment whereas electric scooters are eco-friendly.

Technological advancements in battery with high power, compact design, and increased life is a major factor driving growth of the global electric scooters market. In addition, stringent government regulations in order to reduce pollution by vehicle and growing eco-friendly approach in developed countries to reduce carbon footprints are other factors expected to boost growth of the global electric scooters market. Furthermore, increasing fuel prices and growing demand for fuel alternative are other factors expected to fuel growth of the market.

However, limitations to performance is a major factor restraining growth of the global electric scooters market to certain extent.

Technological advancements and increasing R&D activities by major manufacturers is expected to create new opportunities in terms of revenue to players operating in the global electric scooters market over the forecast period.

The electric scooters market in Asia Pacific is expected to account for largest share in the global market in terms of revenue, owing to increasing vehicle production in countries such as India and China, and presence of major manufacturers in countries in the region. The markets in North America and Europe are expected to account for significant revenue shares in the global market. The market in Europe is projected to register lucrative CAGR in terms of revenue over the forecast period, owing to rising spending capacity and presence of major vehicle manufacturers operating in economies in this region.

Global Electric Scooters Market Segmentation:

By Product:

• Retro
• Standing/Self-balancing
• Folding

By Battery:

• Sealed lead acid
• NiMH
• Li-Ion

By Voltage:

• 24V
• 36V
• 48V

By Region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

• Gogoro Inc.
• Terra Motors Corporation
• Mahindra GenZe
• Vmoto Limited
• Jiangsu Xinri Electric Vehicle Co. Ltd.
• BMW Motorrad International
• Other Prominent Players