Electric Scooter Market Size 2021 Global Opportunities, Trends, Share, Regional Overview, Global Growth, And Country Forecast to 2027 -AIMA, Yadea, Lvyuan, Lima, Birdie Electric

The Electric Scooter Market report is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand, and supply data (as applicable). The research analysts provide an elaborate description of the value chain and its distributor analysis. This Market study provides comprehensive data that enhances the understanding, scope, and application of this report.

The Global Electric Scooter Market Size is Projected to Reach at a CAGR of 30% during 2021-2027.

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Market Overview:

The electric scooter market is expected to grow with time and growing support from government bodies of different countries. Many countries have recognized the need to go electric to reduce the increasing pollution from automobiles, with the US and China already gearing up to electric vehicles. India has recently announced that it may stop producing ICE two-wheelers under the 150 cc segment by 2025. Similarly, many countries would be introducing such regulations and policies in favour of electric two-wheelers in the future. Manufacturers would also get due exemptions in terms of taxes and imports-exports, resulting in the growth of the electric scooter and motorcycle market.

Top Leading Companies:

AIMA, Yadea, Lvyuan, Lima, Birdie Electric, Lvneng, Opai, Sinski, Aucma, Sunra, Byvin, Lvjia, Xiaodao Ebike, Gamma, Bodo, Tailing, Supaq, Incalcu, Slane, Razor, Yamaha

Recent Development:

In August 2020, Okinawa Autotech launched its new electric scooter, R30. The scooter belongs to the low-speed range, having a maximum speed of 25 km/h..
In July 2019, Yadea Group unveiled its Graphene batteries for electric two-wheelers. These batteries have a long life as well as faster charging options compared to most batteries being used globally.
In May 2019, Vmoto announced that the company had signed an agreement with Italian motorcycle manufacturer Ducati Motor through its subsidiary, Vmoto International Limited, to launch two-wheeler electric vehicles CUX (special Ducati edition) under the license.
In April 2019, Energica continued its expansion in the US. A new commercial agreement with Yamaha Suzuki Sports Plaza in Portland, Oregon, will now service the Pacific Northwest, a hotbed for electric vehicle adoption for both four- and two-wheelers.
In May 2018, Sunra introduced Miku Max, a single-seater electric scooter designed in sea shape. This 800 W scooter can easily reach a top speed of 45 km/h. On a full battery charge, it offers a range of up to 60 km. Also, there are USB charging ports on it.
In February 2018, Hero Electric launched a new electric scooter AXLHE-20. The scooter is perhaps the most powerful one currently being offered by the company. The scooter houses a 4 kW motor powered by a Li-ion battery pack.
In April 2017, Hero Electric tied up a powertrain partnership with Bosch to offer better technology and higher speed in its product lineup.

Electric Scooter Market Segmentation by Type:

Two-wheel
Three-wheel

Electric Scooter Market Segmentation by Application:

Electric Retro Scooter
Electric Kick Scooter

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The Asia Pacific market is projected to hold the largest share by 2027

The Asia Pacific is expected to be the largest market. Large sales production and sales volumes in China, growing demand for affordable electric scooters for short-distance commuting, and governments promoting electric two-wheelers are expected to drive the Asia Pacific market during the forecast period. China’s rapidly growing economy is driving the expansion of advanced technologies to improve electrification in the country. China has spent approximately USD 2.4 billion till 2020 to improve the charging facility infrastructure in the country. The Indian government is taking initiatives such as FAME-II, offering subsidies and tax exemptions to buyers to promote electric two-wheelers in the country.

Regional Electric Scooter Market (Regional Output, Demand & Forecast by Countries)

North America (United States, Canada, Mexico)
South America (Brazil, Argentina, Ecuador, Chile)
Asia Pacific (China, Japan, India, Korea)
Europe (Germany, UK, France, Italy)
Middle East Africa (Egypt, Turkey, Saudi Arabia, Iran) And additional.

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Highlights of the Electric Scooter Market Report:

Detailed overview of Electric Scooter Market
Changing the Electric Scooter market dynamics of the industry
In-depth market segmentation by Type, Application, etc.
Historical, current and projected Electric Scooter market size in terms of volume and value
Recent industry trends and developments
Competitive landscape of Electric Scooter Market
Strategies of key players and product offerings
Potential and niche segments/regions exhibiting promising growth.

The research includes historic data from 2016 to 2021 and forecasts until 2027 which makes the report an invaluable resource for industry executives, marketing, sales, and product managers, consultants, analysts, and stakeholders looking for key industry data in readily accessible documents with clearly presented tables and graphs.

Finally, the Electric Scooter Market report is the believable source for gaining the market research that will exponentially accelerate your business. The report gives the principle locale, economic situations with the item value, benefit, limit, generation, supply, request, and market development rate and figure, and so on. Electric Scooter industry report additionally Presents a new task SWOT examination, speculation attainability investigation, and venture return investigation.

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