Electric Scooter Market Global Industry Size, Share, Growth & Trends Analysis Report and forecast by 2029
Global Electric Scooter Market was worth 861K Units in 2020 and total revenue is expected to grow at a rate of 31.8 % CAGR from 2021 to 2027, reaching almost 5,948 K Units in 2027.
Detailed analysis of market segmentation, regional outlook, competitive environment, and Electric Scooter market share is provided in a new research report from Maximize Market Research. The analysis includes information on the industry's past development and projected expansion based on geography. It also discusses the limitations or difficulties faced by the sector. The analysis offers a thorough overview of the market based on the goods, kinds, applications, and end-users. The research provides precise and comprehensive data on the industry, including information on overall revenue and an overview of the sector.
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Size, growth, and trends of the market are discussed by the researcher. The research offers a thorough analysis of the driving forces behind the industry's growth. This paper also describes the SWOT and PESTEL analyses. The industry data is presented in graphs, tables, pie charts, and bar graphs to make it easier for both established and new businesses to understand the information and make informed decisions. Primary and secondary sources are used in conjunction with qualitative and quantitative research to conduct the study.
Electric Scooter Market Segment:
The retro, standing/self-balancing, and folding market segments are further divided. With a revenue share of more than 50% in 2020, the retro sector dominated the market as a result of the transition toward green vehicles for short-distance commuting. Consumers all across the world have been able to reduce their overall commuting costs because to this effort. However, the situation is changing in nations like the United States as more millennials choosing to live in cities are choosing more practical, lightweight cars with lower operating expenses. The folding variant is anticipated to expand at a CAGR of 10.1% during the projection period. The availability of next-generation smart electric scooters equipped with big data and Internet of Things technologies, as well as the demand for mobility solutions, have increased the market for foldable e-scooters.
Electric Scooter Market Key players:
• Gogoro Inc.
• Terra Motors Corporation
• Mahindra GenZe
• Vmoto Limited
• Jiangsu Xinri Electric Vehicle Co. Ltd
• BMW Motorrad International
• Honda Motor Co. Ltd.
• Brammo, Inc.
• AllCell Technologies
• Mahindra & Mahindra Ltd
• Yamaha Motor Company Limited
• Suzuki Motor Corporation
• KTM AG
• Peugeot Scooters
• Green Energy Motors Corp
• Kymco lonex
In-depth information about the industry's structure, capacity, production, sales (consumption), pricing, and gross margin is what this research aims to deliver. The manufacturing sites, market shares, rankings, and biographies of significant manufacturers are displayed. The research is finished so that new government rules, data, and knowledge about the industry can be obtained. Producers, distributors, end users, industry groups, governmental industry agencies, market magazines, market specialists, and databases are all sources of data that are gathered.
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Key Points covered in this report:
- Determine the Electric Scooter Market based on the product category, market segment, manufacturer, and area.
- Provides a thorough analysis of the market, including market driving factors and market improvement requirements.
- It covers competitive advancements in the industry, such as contracts, the introduction of new products, expansions, and acquisitions.
- This investigation's objective is to explain the market's potential and future.
- The industry as a whole is analysed both qualitatively and quantitatively in the report.
- It offers a departure from traditional climate research.
Drivers and Restraints:
The paper also looks at a number of significant market influences. It covers current trends, technological developments, upcoming innovations, and emerging Electric Scooter market opportunities. The research includes information on the major market drivers, opportunities, important difficulties, risks, and obstacles anticipated to arise during the assessment period, as well as an in-depth study of the CAGR evaluation of market growth and revenue.
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