Electric Scooter Sharing Service Market 2022 Competitive Insights - Lime, Bird, Gogoro, Skip Scooters, Vogo Automotive, Yellow, Dott, Mobike, MeiTuan, Spin, Niu International

TheElectric Scooter Sharing Service market size was US$ 372 million and it is expected to reach US$ 529.3 million by the end of 2027, with a CAGR of 5.0% during 2022-2027.

Electric Scooter Sharing Service Market Report 2022: New Business Ideas and Perceptions

The report titled “Electric Scooter Sharing Service Market” has recently added by MarketInsightsReports to get a stronger and effective business outlook. It provides an in-depth analysis of different attributes of industries such as trends, policies, and clients operating in several regions. The qualitative and quantitative analysis techniques have been used by analysts to provide accurate and applicable data to the readers, business owners and industry experts. The comprehensive Electric Scooter Sharing Service market Report will help clients to understand the market ups-downs and numerous different angles.

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Market Overview-

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 scooters (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 scooters. High mechanical efficiency, easy integration of regenerative braking, low noise levels, and moderately economical maintenance costs are the factors supporting the market growth.

Key Highlights-

Increasing adoption of electric scooter sharing services in countries such as Spain, the U.S., Germany, and France has spurred the demand for battery-powered two-wheelers. Companies such as Razor, Lime, Bird, Jump, and Spin offering e-scooter sharing services are procuring these vehicles mainly from manufacturers such as Xiaomi; Gogoro, Inc.; and Ninebot-Segway. The penetration of these sharing services is witnessing an exponential adoption rate since 2016. Currently, more than 90 cities and various universities across the globe use this service, with around 95 percent of scooters having an electric drive train.

Key Players-

Lime, Bird, Gogoro, Skip Scooters, Vogo Automotive, Yellow, Dott, Mobike, MeiTuan, Spin, Niu International and Others.

Market Segmentation-

By Type-

Dockless

Station-based

By Application-

Age 18-24

Age 25-34

Age 35-44

Other

Regional Analysis-

Asia Pacific dominated the global e-scooters market and was valued at USD 14.3 billion in 2020. Most electric scooter manufacturers have emerged from China, Taiwan, and Japan, acquiring the largest share all over the world. China has emerged not only as a leading consumer of electric scooters but also as a leading producer and exporter. Vendors active in the China market include Jiangsu Xinri Electric Vehicle Co., Ltd., Yadea, AIMA Group, Zhejiang Luyuan, and Niu International. In addition to this, the regional market is fueled by the growing awareness among consumers to adopt clean energy transportation to curb vehicular emissions, rapid urbanization, and the increasing affordability of e-scooters. Additionally, research and development activities will continue to give this market a significant boost over the next decade.

Major TOC Of the Electric Scooter Sharing Service Market-

Chapter 1- Electric Scooter Sharing Service Market Overview

Chapter 2- Global Economic Impact on Industry

Chapter 3- Global Electric Scooter Sharing Service Market Competition by Manufacturers

Chapter 4-Global Production, Revenue (Value) by Region

Chapter 5 -Global Supply (Production), Consumption, Export, Import by Regions

Chapter 6- Global Production, Revenue (Value), Price Trend by Type

Chapter 7 -Global Electric Scooter Sharing Service Market Analysis by Application

Chapter 8- Manufacturing Cost Analysis

Chapter 9 -Industrial Chain, Sourcing Strategy and Downstream Buyers

Chapter 10- Marketing Strategy Analysis, Distributors/Traders

Chapter 11- Electric Scooter Sharing Service Market Effect Factors Analysis

Chapter 12- Global Electric Scooter Sharing Service Market Forecast

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Reasons to Buy this Report-

This report provides pin-point analysis for changing competitive dynamics.
It provides a forward looking perspective on different factors driving or restraining market growth.
It provides a six-year forecast assessed on the basis of how the Electric Scooter Sharing Service market is predicted to grow.
It helps in understanding the key product segments and their future.
It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors.
It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments.
It provides distinctive graphics and exemplified SWOT analysis of major market segments.

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