New Statistical Research for Electric Scooter Market Expected Massive CAGR | AIMA, Yadea, Lvyuan, Lima, Birdie Electric, Lvneng, Opai, Sinski, Aucma, Sunra, Byvin, Lvjia, Xiaodao Ebike, Gamma, Bodo, Tailing, Supaq, Incalcu, Slane, Razor, Yamaha

Electric scooters are two or three-wheeled vehicles powered by electricity. This power is stored in a rechargeable battery, which drives the functioning of electric motors. The slow charging time required for electric scooters is one of the major concerns among the users. To address this concern, manufacturers are investing heavily in research and development to improve the charging time and range of these vehicles.

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Rising financial and non-financial incentives are also encouraging the product adoption. Rising need for modernized transportation infrastructure and sustainable urban mobility are driving the transition from conventional to electric modes of transport. Electric scooters are expected to have positive implications on air quality and energy security, giving the renewable energy segment more prominence in the power sector. Governments around the world are focusing on increasing the product penetration through various programs, such R&D initiatives.

Electric Scooters Market Share Insights

Prominent industry participants include BMW Motorrad International; Terra Motors Corporation; Jiangsu Xinri Electric Vehicle Co. Ltd.; Gogoro, Inc.; Vmoto Limited; and Mahindra GenZe. Companies, such as Bird, are focused on launching ride sharing services in various cities with a joint venture strategy to expand their industry presence.

In China, key market players are focused on product level strategies and R&D to expand their market share. In India, Bajaj Auto, TVS Motor Company, Mahindra Two Wheelers Limited (MTWL), Honda Motorcycle and Scooter India, and Hero MotoCorp were among the leading participants in 2018. 

Geographically, this report split EMEA into Europe, the Middle East and Africa, With sales (K Units), revenue (Million USD), market share and growth rate of Electric Scooter for these regions, from 2012 to 2022 (forecast)
Europe: Germany, France, UK, Russia, Italy and Benelux;
Middle East: Saudi Arabia, Israel, UAE and Iran;
Africa: South Africa, Nigeria, Egypt and Algeria.

On the basis of product, this report displays the sales volume (K Units), revenue (Million USD), product price (USD/Unit), market share and growth rate of each type, primarily split into
Electric Retro Scooter
Electric Kick Scooter

On the basis on the end users/applications, this report focuses on the status and outlook for major applications/end users, sales volume (K Units), market share and growth rate of Electric Scooter for each application, including
60 yrs Consumer Age

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