The global Electric Scooter Market size is likely to account for USD 42.0 billion by 2030, as per a new report by Million Insights. The market is predicted to register 7.7% CAGR from 2020 to 2030. Growing focus on achieving zero-emission, favorable government initiatives and increasing investment to propel the sustainable mobility solution are driving the market growth. Owing to advancement in technology, e-scooters with improved efficiency and longer battery life have been introduced.
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Market Synopsis of Electric Scooters Market:
Government across the globe are offering incentives on the purchase of e-vehicles. Such initiatives work as a catalyst in the growth of the market. In addition, governments are investing a significant amount in the development of necessary infrastructure.
Depending on the battery, SLA batteries dominated the market in 2019. However, owing to the increasing popularity of Li-ion batteries, SLA segment is losing its market share. Li-ion battery is anticipated to register over 10% CAGR from 2020 to 2030. Moreover, these batteries are anticipated to witness significant price reduction in the near future, thereby, lowering the overall cost of the vehicle.
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Table of Contents:-
Chapter 1 Methodology and Scope
Chapter 2 Executive Summary
Chapter 3 Electric Scooters: Market Variables, Trends & Scope
Chapter 4 Electric Scooters: Product Estimates & Trend Analysis
Chapter 5 Electric Scooters: Application Estimates & Trend Analysis
Chapter 6 Electric Scooters: End-use Estimates & Trend Analysis
Chapter 7 Electric Scooters: Industrial End-use Estimates & Trend Analysis
Chapter 8 Electric Scooters: Regional Estimates & Trend Analysis
Chapter 9 Competitive Landscape
Chapter 10 Electric Scooters: Manufacturers Company Profiles
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