Press release
Electric Scooters Market to Reach $408.1 Billion by 2031-Exclusive Report by Meticulous Research®
The global electric scooters market is poised for remarkable growth, as indicated by a recent market research report titled, 'Electric Scooters Market by Vehicle Type (Electric Motorcycles, E-Kick scooters & Bikes, Electric Mopeds), Power Output (Less Than 3.6kW, 3.6kW to 7.2kW), Battery Technology, Motor Type, Charging Type, End-user, and Geography-Forecast to 2031'. According to the report, the market is projected to reach $408.1 billion by 2031, soaring from an estimated $103.5 billion in 2024. This surge reflects a robust Compound Annual Growth Rate (CAGR) of 21.6% during the forecast period from 2024 to 2031.Download Free Research PDF @ https://www.meticulousresearch.com/download-sample-report/cp_id=5191
The electric scooters market's growth is fueled by several key factors:
Localization of Manufacturing: There is a notable trend of shifting manufacturing operations to emerging economies, enhancing cost-effectiveness and resource utilization.
Consumer Acceptance: Increasing consumer preference for electric two-wheelers over Internal Combustion Engine (ICE) counterparts is a significant driver.
Government Initiatives: Governments worldwide are initiating measures to combat traffic congestion and pollution, thereby promoting the adoption of eco-friendly transportation solutions.
Despite these growth drivers, challenges such as reliability issues and inadequate investment by traditional manufacturers are noted. However, initiatives like government support for electric vehicle adoption and ongoing localization efforts are expected to offset these challenges.
Browse in depth @ https://www.meticulousresearch.com/product/electric-scooter-market-5191
The report delves into various segments of the electric scooters market, including vehicle type, power output, battery technology, motor type, charging type, end-user, and geography. It also provides insights into industry competitors and analyzes regional markets.
In particular, the market for e-kick scooters & bikes is projected to dominate both in terms of value and volume in 2024, driven by environmental awareness and supportive government policies. Other segments such as power output, battery technology, motor type, charging type, and end-user are also analyzed for their market impact and growth potential.
Request Free Research Report Sample @ https://www.meticulousresearch.com/request-sample-report/cp_id=5191
Asia-Pacific is highlighted as a significant region commanding a substantial share of the electric scooters market, attributed to factors like rising incomes, fuel prices, traffic congestion, and pollution concerns. The region's market growth is further propelled by government initiatives, market players' infrastructure investments, and consumer interest in electric vehicles.
Key players in the global electric scooters market include companies such as Fuji-Ta Bicycle Co., Ltd., Trek Bicycle Corporation, Yamaha Motor Co., Ltd., Yadea Group Holdings Ltd., and others, showcasing a competitive landscape driving innovation and market expansion.
TOP 10 COMPANIES IN ELECTRIC SCOOTER MARKET >> https://meticulousblog.org/top-10-companies-in-electric-scooter-market/
Related Reports:
TOP 10 COMPANIES IN EUROPE ELECTRIC SCOOTER MARKET >> https://meticulousblog.org/top-10-companies-in-europe-electric-scooter-market/
TOP 10 COMPANIES IN ASIA-PACIFIC ELECTRIC SCOOTER MARKET >> https://meticulousblog.org/top-10-companies-in-asia-pacific-electric-scooter-market/
Contact Us:
Meticulous Market Research Pvt Ltd
Office No-202, 203,204,205,206
2nd Floor, Pushpak Business Hub,
Wakad, Pimpri-Chinchwad,
411057, India.
Phone: +9102066394988
Meticulous Research® was founded in 2010 and incorporated as Meticulous Market Research Pvt. Ltd. in 2013 as a private limited company under the Companies Act, 1956. Since its incorporation, the company has become the leading provider of premium market intelligence in North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Electric Scooters Market to Reach $408.1 Billion by 2031-Exclusive Report by Meticulous Research® here
News-ID: 3434528 • Views: …
More Releases from Meticulous Research®
Rooftop HVAC Units Market to Reach $24.85 Billion by 2035 | 6.4% CAGR
Growing Demand for Energy-Efficient Rooftop HVAC Units
The global rooftop HVAC units market is witnessing steady growth, driven by the rising need for compact and energy-efficient heating, ventilation, and air conditioning systems. Valued at USD 12.45 billion in 2024, the market is projected to rise from USD 13.42 billion in 2025 to approximately USD 24.85 billion by 2035, growing at a CAGR of 6.4%. The increasing adoption of HVAC systems in…
Seed Coating Market to Reach $4.23 Billion by 2032 | 7.7% CAGR Growth
Growing Market Overview
The global seed coating market is experiencing steady expansion as agricultural industries increasingly adopt advanced seed treatment technologies. Valued at $2.34 billion in 2024, the market is projected to reach $4.23 billion by 2032, growing at a CAGR of 7.7% between 2025 and 2032. This strong growth is driven by rising demand for low-cost crop protection solutions, rapid technological advancements, and the increasing focus on seed treatment as…
PAP Devices Market to Reach $6.97 Billion by 2032 | 5.2% CAGR
The Positive Airway Pressure (PAP) Devices Market is witnessing steady expansion, driven by the increasing prevalence of respiratory and sleep disorders worldwide. Valued at approximately $6.97 billion by 2032, the market is expected to grow at a CAGR of 5.2% from 2025 to 2032. The rising geriatric population, growing awareness about the dangers of untreated sleep apnea, favorable reimbursement policies, and ongoing technological advancements in PAP devices are contributing significantly…
Direct Air Capture Market Set to Skyrocket to $6.93 Billion by 2035 Driven by Gl …
The global Direct Air Capture (DAC) market is gaining remarkable traction as the world intensifies its efforts to achieve carbon neutrality and mitigate the effects of climate change. Valued at $136.5 million in 2024, the market is projected to reach nearly $6.93 billion by 2035, growing from an estimated $189.7 million in 2025 at a striking CAGR of 43.3% during the forecast period (2025-2035). This exponential growth reflects the rising…
More Releases for Electric
Electrical Isolators Market 2023: Mitsubishi Electric, Orient Electric, Schneide …
The Electrical Isolators Market size (volume and value) and industry chain structure published by The Insight Partners through its high quality database which is a valuable source of guidance and direction for companies and individual interested in the industry.
An electrical isolator is a material in which electric current does not flow freely. The atoms of the insulator have tightly bound electrons which cannot readily move. Other materials, semiconductors and conductors…
Electric Motors for Electric Vehicle Market by Manufacturers: Hitachi Automotive …
Electric Motors for Electric Vehicle Market research report analyzes and studies the Electric Motors for Electric Vehicle Market's production, value, financial status, and capacity. It also provides information about market share and development plans during the projected period. Moreover, the Electric Motors for Electric Vehicle Market research report provides data about key manufacturers and focuses on the market competition landscape by analyzing the market by application, product type, and region.
Click…
Thermal Overload Relay Market 2021 Precise Outlook - ABB, Schneider Electric, Ea …
Global Thermal Overload Relay Market Size, Status and Forecast 2021
The Global Thermal Overload Relay Market report offers in-depth information and comprehensive analysis of the market. It provides a complete overview of the market with detailed insights on key aspects including the current market situation, potential size, volume, and dynamics of the market. This research report makes a thorough assessment of the COVID-19 pandemic and its impact on the current market…
Global Electric Motors for Electric Vehicles Market 2025 | MAHLE GmbH, Protean E …
Researchmoz added Most up-to-date research on "Global Electric Motors for Electric Vehicles Market Insights, Forecast to 2025" to its huge collection of research reports.
This report presents the worldwide Electric Motors for Electric Vehicles market size (value, production and consumption), splits the breakdown (data status 2013-2018 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities…
Yokogawa Electric, General Electric Profiled in Smart Factory Solutions Market 2 …
Global Smart Factory Solutions Market which focuses on effective strategies of the business framework. It highlights the recent market trends stringent energy regulations and growing pressure to conform to energy efficiency. The research methods and tools used to analyze the studies are both primary and secondary research.
This market research report on analyzes the growth prospects for the key vendors operating in this market space including Siemens, ABB, Honeywell International, Yokogawa…
Global Quartz Heat Lamps Market 2017 : Indu Electric Gerber, Schneider Electric, …
The Market Research Store report offers majority of the latest and newest industry data that covers the overall market situation along with future prospects for Quartz Heat Lamps market around the globe. The research study includes significant data and also forecasts of the global market which makes the research report a helpful resource for marketing people, analysts, industry executives, consultants, sales and product managers, and other people who are in…
