Electric
Scooters Market Analysis By Regions (North America, Europe, Asia-Pacific,
Latin America and Africa), Product, Size, Share, Trends, Growth Factors,
Revenue By Application And Segment Forecasts To 2027.
Global Electric Scooters Market
is anticipated to reach USD 28.56 billion by 2025 at a 7.3% CAGR in the
forecast period. The market for electric scooter is gaining a positive
traction, since it is in the trajectory phase due to fall in prices and rise in
demand. The wave of connected devices and vehicles will continue to leverage
the automotive industry as well. Environmental concerns and government policies
are playing a vital role in shaping the local as well as the international
market.
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The driving factors for the
electric scooter market include rise in air and sound pollution by vehicles
coupled with government approach toward environmental awareness in various
countries. Reduced dependency on fossil fuels and inclination toward renewable
sources of energy are likely to propel the market growth during the forecast
period. Government subsidies and aftermarket OEM are likely to enhance the
brand awareness. However, technical loopholes such as battery failure and high
maintenance costs are likely to affect the market during the forecast period.
Product segmentation for electric
scooter industry include scooters & motorcycles. Segmentation by battery
for electric scooters market includes Li-ion, NiMH and SLA. By Voltage, the
segmentation for electric scooters industry include 24V, 36V, and 48V.
Geographical segmentation for
electric scooter market includes North America, South America, Europe,
Asia-Pacific, Middle East and Africa. Asia-Pacific regions such as China,
Taiwan, Korea, and Japan are likely to gain a significant market share in the
forecast period. Environmental awareness and eco-friendly products led by the
auto industry adds to the CAGR.
European regions are likely to
gain a higher share in the electric scooters industry due to inclination of
auto industry toward eco-friendly vehicles. Consumer awareness is another
aspect for the market growth. North America is expected to follow the same
trend with the only addition of stringent norms and regulations by the
government to curb environmental pollution.
This report studies the global Electric Scooters market status and
forecast, categorizes the global Electric
Scooters market size (value & volume) by manufacturers, type,
application, and region. This report focuses on the top manufacturers in United States, Europe, China, Japan, South
Korea and Taiwan and other regions.
This research report offers a
comprehensive analysis of key elements of the Electric Scooters Market such as potential top key Manufacturers
along with their strengths and weaknesses. The Electric Scooters Market report also comprises some useful
strategies and scenario for the new players in the market. While forecasting
the growth of the global Electric
Scooters market, various statistical tools were utilized to get an accurate
result of the Demographic data.
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