Electric Moped Market Growth Factors, Demand and Trends Forecast to 2027 | Bajaj Auto Limited, GenZe by Mahindra, Gogoro Inc.

The global Electric Moped market size is expected to reach US$ 33.6 billion by the end of 2027, with a CAGR of 7.1% during 2021-2027. The increasing demand for fuel-efficient vehicles, coupled with growing concerns over greenhouse gas and carbon emissions, is anticipated to drive the adoption of Electric Moped (e-scooters) over the forecast period. The Covid-19 pandemic has affected the overall automotive industry, leading to a subsequent decline in growth of the electric power train market as a result of low automotive sales and new requirements during the first half of 2020. However, stringent emission norms by the government agencies such as emission standards for greenhouse gas (GHG) emissions by the US Environmental Protection Agency (EPA), BS-VI in India, and China VI are driving the market for Electric Moped.

The participation of vehicle manufacturers and governments in meeting the standards for zero-emissions is significantly contributing to reduce the carbon emission gap significantly by 2020. Furthermore, the consumption of electricity in these vehicles can be managed with proper energy and power infrastructure planning. This is further mitigated using renewable energy and technological advancements such as solar-powered vehicles and vehicle-to-grid technologies.

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Top Key Players Included in Electric Moped Market Report: Bajaj Auto Limited, GenZe by Mahindra, Gogoro Inc., Greenwit Technologies Inc., Hero Electric, JOY E-BIKE, Okinawa Autotech Pvt. Ltd, Piaggio and C. SpA, PURE EV, and TVS Motor Company

COVID 19 is already experiencing its effects and has also been affected as a growth rate by the global crisis. The COVID-19 outbreak, which resulted in the growth momentum, affected flight cancellations, travel, and quarantine bans, restaurant closures, declaring an emergency, increasing public panic, and restrictions on all indoor and outdoor activities. All of this has had effects on massive supply chain slowdown, stock market volatility.

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Electric Moped Market segment by Type:
Sealed Lead Acid Battery
Lithium Battery

Electric Moped Market segment by Application:
36V
48V
72V

The Electric Moped market research also examines market performance in APAC, Latin America, Europe, North America, and Africa. The regional study provides nation, deployment, product, end-users, and part information and trends for the market analysis The current development, innovation, fusions, and expansion are discussed in this part. In addition, in some nations and locations around the world, has been the leading market participants.

FAQs:
1. When it comes to new research and development, what value propositions should organizations aim for?
2. Which region will contribute the most to the worldwide revenue of Electric Moped?
3. Which end-user is anticipated to take the lead in the Electric Moped market?
4. Who are the key market players and what are their strategies in the Electric Moped market?

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