Market Research Report
Electric Scooter Market Report: Trends, Forecast and Competitive Analysis
|Published by||Lucintel||Product code||919937|
|Published||Content info||198 Pages
Delivery time: 1-2 business days
|Electric Scooter Market Report: Trends, Forecast and Competitive Analysis|
|Published: December 1, 2019||Content info: 198 Pages||
The future of the electric scooter market looks promising with opportunities in the retro, standing, and folding scooter markets. The electric scooter market is expected to reach an estimated $22.1 billion by 2025 with a CAGR of 6.5% from 2020 to 2025. 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, 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. Sample figures with some insights are shown below. To learn the scope of, benefits, companies researched and other details of electric scooter market report download the report brochure.
The study includes the electric scooter market size and forecast for the electric scooter market through 2024, segmented by product type, by technology, by battery type, by voltage type, and by region, as follows:
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, Jiangsu Xinri Electric Vehicle Co., Gogoro Inc., Xiaomi Corporation, Mahindra Genze, and Govecs Group are the major electric scooter manufacturers.
On the basis of its comprehensive research, Lucintel forecasts that retro electric scooter will remain the largest segment as it provides longer driving range, lower economical maintenance cost with reduced noise level.
On the basis of its comprehensive research, Lucintel forecasts that sealed lead acid batteries will remain the largest segment due to its low cost. Lithium ion battery is expected to witness highest growth over the forecast period due to its faster charging rate and higher energy density properties.
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.
Figure 3. 13: Forecast for the Unemployment Rate