Global Electric Scooter Market Industry Research on Growth, Trends and Opportunity 2027
Global Electric Scooter Market was worth 861K Units in 2020 and total revenue is expected to grow at a rate of 31.8 % CAGR from 2021 to 2027, reaching almost 5,948 K Units in 2027.
Global Electric Scooter Market Overview
Recently published Global Electric Scooter Market Report by Maximize Market Research is available in the market. Maximize Market research is an international business consultancy firm, serving large and medium size players across the world. It has got clients in the capital of various segments in more than 34 countries.
The research analyst, Ms. Dharati Raut has said the hat APAC region is a lucrative opportunity for manufacturers for the next ten years. The impact of the market is normal after the Covid Lockdown has been analyzed in the report and the market is showing an upward trend even in the midst of economic growth.
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Market Scope
During the forecast, the Global Electric Scooter market is developing at a stable rate between 2021 and 2029. Due to the efforts of industry participants, the market is forecast to grow significantly between 2021 and 2029.
In addition to the development process, the report provides the cost structures and the development goal and objectives. Import/export consumption, supply and demand, cost, price, share, sales volume, revenue, and gross margins are all covered in this Global Electric Scooter market research. In the Global Electric Scooter market, the research looks at each producer's manufacturing sites, capacity, production, ex-factory price, market price, sales revenue, and market share. The United States, Canada, Mexico, Germany, France, the United Kingdom (UK), Russia, Italy, China, Japan, Korea, India, Southeast Asia, Australia, and Brazil are among the nations involved.
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Segmentation
Based on Product, the market is sub-segmented Retro, Standing/Self-Balancing and Folding. Due to the shift toward green vehicles for short-distance commuting, the retro sector led the market with a revenue share of more than 50% in 2020. This action has helped consumers all over the world lower their overall commute expenditures. However, in countries such as the United States, the situation is changing, as an increasing number of millennial living in cities are opting for more practical, lightweight automobiles with lower operating costs. Over the forecast period, the folding variant is expected to grow at a CAGR of 10.1 %. Demand for folding e-scooters has risen as a result of the introduction of next-generation smart electric scooters with big data and IoT technology, as well as the need for product differentiation. However, from 2020 to 2028, the control and convenience of standing/self-balancing e-scooters in commercial and domestic applications for combining daily activities is expected to drive demand.
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Key Players
• Gogoro Inc.
• Terra Motors Corporation
• Mahindra GenZe
• Vmoto Limited
• Jiangsu Xinri Electric Vehicle Co. Ltd
• BMW Motorrad International
• Honda Motor Co. Ltd.
• Brammo, Inc.
• AllCell Technologies
• Mahindra & Mahindra Ltd
• Yamaha Motor Company Limited
• Suzuki Motor Corporation
• KTM AG
• Peugeot Scooters
• Green Energy Motors Corp
• Kymco lonex
• Yadea
• Aima
• Zhejiang Luyuan
• Niu
• Amego Electric
• Alta Motors
• Energica Motor Company
Regional Analysis
The report on the Global Electric Scooter Market's growth provides a detailed regional analysis. It demonstrates the most significant regional divides, such as North America, Asia Pacific, Europe, Latin America, the Middle East, and Africa, has global influence. To keep ahead of the competition, market research gains a better perspective and understanding of the market and target audience.
Key Questions answered in the Global Electric Scooter Market Report are:
- What is Global Electric Scooter Market?
- What is the forecast period of the Global Electric Scooter Market?
- What is the competitive scenario of the Global Electric Scooter market?
- Which region held the largest market share in the Global Electric Scooter Market?
- What are the opportunities for the Global Electric Scooter Market?
- What factors are affecting the Global Electric Scooter market growth?
- Who are the key players of the Global Electric Scooter market?
- Which company held the largest share in the Global Electric Scooter market?
- What will be the CAGR of the Global Electric Scooter market during the forecast period?
- What key trends are likely to emerge in the Global Electric Scooter market in the coming years?
Key offerings:
- Market Share, Size, and Forecast by Revenue|2022-2029
- Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
- Market Segmentation: A detailed analysis by Global Electric Scooter
- Landscape- Leading key players and other prominent key players.
About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology, and communication, cars, and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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