Press release
Electric Scooter Market to Reach USD 64.70 Bn by 2029, emerging at a CAGR of 10 percent and forecast 2023-2029
Electric Scooter Market
The research methodology employed in this report ensures a thorough analysis of the Electric Scooter Market. For a detailed understanding, readers are encouraged to request the free sample report.
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What are Electric Scooter Market Dynamics:
Cost of traditional fuels is increasing and consumers are using alternative modes of transportation, which are fuel-efficient and cost-effective. Electric scooters are cheaper and environment-friendly alternatives powered by electricity and require less maintenance compared to traditional vehicles. These scooters are easy to operate and are accessible to wide range of individuals providing a convenient and flexible transportation option. The expansion of charging infrastructure for electric scooters is expected to boost the Electric Scooter Market growth. Governments and other communities are continuously investing in charging stations and infrastructure to help increase the adoption of Electric vehicles making it convenient for consumers to charge the scooters.
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Electric Scooter Market Regional Insights:
Asia Pacific Dominance: The Asia Pacific region led the Electric Scooter Market in 2022 and is expected to maintain the largest market share over the forecast period, growing at a CAGR of 28.9%. Favorable government policies and incentives, especially in India, contribute to the region's dominance.
North American Outlook: North America is poised to dominate the Electric Scooter industry. The region embraces electric scooters for urban commuting, aligning with environmental sustainability goals. Safety considerations are addressed through safety features, rider education, and designated parking zones.
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What is Electric Scooter Market Segmentation:
by Product
Electric Kick Scooters
Electric Moped
Cargo Electric Scooters
Dual-Purpose Electric Scooters
Retro-style Electric Scooters
by Battery Type
Lithium-ion Battery
Sealed Lead Acid (SLA) Battery
by Distribution Channel
Online
Offline
by End-User
Personal/Individual Use
Shared Mobility
Who are Electric Scooter Market Key Players:
1. Apollo
2. Lime
3. Bird Rides, Inc
4. Razor
5. Segway-Ninebot
6. Unagi
7. Super73
8. Hero Electric
9. TVS Motor Company
10. Ather Energy
11. GenZe
12. Vmoto Limited (Australia)
13. Emflux Motors (India)
14. NIU Technologies
15. Yadea Group Holdings Ltd.
16. Okinawa Autotech Pvt. Ltd
17. Vespa
18. Revolt Intellicorp Pvt. Ltd
19. Askoll EVA
20. Mahindra Electric
21. Ampere Vehicles Pvt. Ltd.
22. Energica Motor Company S.p.A.
23. Aima
24. Zhejiang Luyuan
25. Niu
26. Amego Electric
27. Alta Motors
28. Energica Motor Company
Table of content for the Electric Scooter Market includes:
Global Electric Scooter Market: Research Methodology
Global Electric Scooter Market: Executive Summary
Market Overview and Definitions
Introduction to the Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
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3.Global Electric Scooter Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
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