Press release
E-Scooters Market Growth Rate Analysis By Mahindra GenZe, Kumpan Electric, Torrot, NYCeWheels, GOVEC, Vmoto, Terra Motors, Jiangsu Xinri Electric Vehicle, and Amego Electric Vehicles
Market Players & Key StrategiesSome of the most renowned and long-standing players of this market can be listed as Jiangsu Xinri Electric Vehicle Co. Ltd, Gogoro Inc., Alta Motors, Ampere Vehicles, Vmoto Limited and Govecs Group.
All of the stakeholders of this market keep updating themselves with the latest industry trends to stay ahead in the competitive arena. Apart from that they also employ certain growth strategies like the expansion of business, strategic alliances and investment in research and development activities.
The global e-scooters market has seen a remarkable growth in the global market and it has been observed that, its demand in future is expected to grow with the CAGR of ~7%.
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Market Segmentation
The worldwide market for e-scooters has been segmented into three equal parts. They and their respective sub-segments are listed as below:
By technology – Battery based and plug-in based.
By product – Standing/self-balancing, retro and folding. Amongst the three, standing/self-balancing sub-segment sits at the top and leads the market.
By battery type – Sealed lead acid, Ni-MH and Li-ion. Out of these the sealed lead acid batteries division is anticipated to dominate the market and tread forward at an encouraging CAGR throughout the forecast period.
In-Depth Regional Analysis
In terms of region, the e-scooters market has its reach across various areas of the globe. Some of the major regions where its presence is felt are North America, Europe, Asia Pacific and Rest of the World.
Asia Pacific is at the forefront of competition amongst these areas. The entire credit for this goes to the business that is being brought in by China. This country consists of a number of market biggies who keep launching innovative products. Getting access to raw materials and cheap labor is extremely easy in this area which further drives the growth of APAC.
Industry News
4 April, 2018 – The latest positive update for this market has come in from Brazil. A mobility startup named Yellow recently announced that they have accumulated close to USD 9 million to launch their new e-scooters range. The main purpose behind this is to enhance the circulation of urban traffic and reduce harmful greenhouse gas emissions. This announcement has been taken positively and the market has high hopes for this project.
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Table of Contents
1 Executive Summary
2 Scope of The Report
3 Market Landscape
4 Market Dynamics
5 Global E-Scooters Market, By Battery Type
6 Global E-Scooters Market, By Product
7 Global E-Scooters Market, By Technology
8 Global E-Scooters Market, By Region
9 Competitive Landscape
10 Company Profile
Continued…….
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