Market Forecast By Regions (Asia Pacific, Africa, Middle East, Latin America, North America And Europe), By Product Type (Retro, Standing/Self-Balancing, Folding), By Battery Type (Sealed Lead Acid, Nimh, Li-Ion), By Voltage Type (24V, 36V, 48V, Greater Than 48V) And Competitive Landscape
Product Code: ETC060852 | Publication Date: Jul 2021 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 300 | No. of Figures: 90 | No. of Tables: 30 |
Global Electric Scooters Market is anticipated to gain growth prospects in the coming time zone. The introduction of Electric Scooters in the global Electric Scooters market will be the emerging factor for the growth of Electric Scooters in the forthcoming years. The rising popularity among consumers seeking a comfortable ride with the gearless driving system and at low operating costs as compared to the motorcycles. The global e-Electric Scooters market is increasing as more people are shifting from private and public transport to Electric Scooters rentals. E-Electric Scooters are environment friendly and reduce pollution. Besides, they are an affordable mode of transportation. The rising need for fuel-efficient vehicles, backed by increasing concerns over carbon and greenhouse gas emissions, is expected to drive the adoption of e-Electric Scooters over the forecast period. The growth drivers of global Electric Scooters market are increasing government subsidies and support to promote electric mobility across the globe, strict emission regulations, increasing investments by the public as well as private companies, presence of several electric vehicle manufacturers in different regions. The restraints of global Electric Scooters market are the lack of infrastructure for battery charging, declining performance of Electric Scooters, and high cost of batteries. Many manufacturers of Electric Scooters companies have laid off their employees during the lockdown period. Due to the outbreak of Covid-19 pandemic, many industries had stopped their production process of Electric Scooters due to lockdown and social distancing norms and the supply chain has adversely affected in the global Electric Scooters market. Additionally, many companies had laid off their employees from the company due to the lockdown norms across the world.
According to 6Wresearch, the Global Electric Scooters Market is likely to witness growth during 2021-2027. Currently Asia Pacific is holding the largest Electric Scooters market share on account of the presence of major manufacturing industries and the increasing demand for two wheelers because of the high traffic in the highly populated cities. China is dominating the regional market with high sales and high production capacity. China has emerged not only as a leading consumer of Electric Scooters but also as the leading producer and exporter. On the other hand, the market in North America will emerge as the second largest market in the forecast period owing to the rise in investment in research support and infrastructure for vehicle charging. Additionally, the US made massive investments in research and development to produce hybrid and electric vehicles with high-density batteries. This is further expected to help create more growth opportunities for the regional market in the forthcoming years. Furthermore, North America has been highly responsive for the introduction of Electric Scooters. Governments across the globe have formulated several policies to increase the penetration of Electric Scooters by offering various benefits to consumers as well as manufacturers in the form of subsidies. Supporting in the form of research and development initiatives is also a prominent growth factor. Besides this, the swift adoption of Electric Scooters-sharing services has been the key factor for the demand for battery-powered two-wheelers. This will create a highly conducive environment for growth.
The key companies of global Electric Scooters market are, Energica Motor Company S.p.A. Mahindra GenZe; BMW Motorrad International; Vmoto Limited; Terra Motors Corporation; Gogoro Inc.; and Jiangsu Xinri Electric Vehicle Co. Ltd. Honda, Suzuki, and Kawasaki, Yadea, Lima, Bird Electric, and Yamaha.
Based on the segmentation of battery type Electric Scooters, Li-ion segment is expected to exhibit the highest growth rate during the forthcoming years. Additionally, Lithium-ion batteries which have lighter weight compared to lead-acid batteries, helps to maintain the weight-to-energy ratio, and it increases the driving range and growth of the electric vehicle. On the basis of product type Retro is anticipated to account the highest share in the market. Moreover, many companies are working on development of Electric Scooters with advanced lithium-ion batteries. Based on the geographical segmentation of Electric Scooters market, the market is segmented into regions like Asia Pacific, Europe, Middle East, Africa, North America and Latin America. On the basis of segment 36V was leading the market during past few years. However, 48V is forecasted to gain utmost popularity owing to the increasing demand for long battery range.
The Global Electric Scooters market report thoroughly covers the market by product type, battery type, voltage type and regions North America, Latin America, Europe, Middle East, Asia Pacific and Africa. Global Electric Scooters market outlook report provides an unbiased and detailed analysis of the ongoing global Electric Scooters market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Key Highlights of the Report:
Markets Covered
The market report covers the following key segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Global Electric Scooters Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Electric Scooters Market Revenues & Volume, 2020 & 2027F |
3.3 Global Electric Scooters Market - Industry Life Cycle |
3.4 Global Electric Scooters Market - Porter's Five Forces |
3.5 Global Electric Scooters Market Revenues & Volume Share, By Countries, 2020 & 2027F |
3.6 Global Electric Scooters Market Revenues & Volume Share, By Product Type, 2020 & 2027F |
3.7 Global Electric Scooters Market Revenues & Volume Share, By Battery Type, 2020 & 2027F |
3.8 Global Electric Scooters Market Revenues & Volume Share, By Voltage Type, 2020 & 2027F |
4 Global Electric Scooters Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Electric Scooters Market Trends |
6 Global Electric Scooters Market, 2017 - 2027 |
6.1 Global Electric Scooters Market, Revenues & Volume, By Product Type, 2017 - 2027 |
6.2 Global Electric Scooters Market, Revenues & Volume, By Battery Type, 2017 - 2027 |
6.3 Global Electric Scooters Market, Revenues & Volume, By Voltage Type, 2017 - 2027 |
7 North America Electric Scooters Market, 2017 - 2027 |
7.1 North America Electric Scooters Market, Revenues & Volume, By Product Type, 2017 - 2027 |
7.2 North America Electric Scooters Market, Revenues & Volume, By Battery Type, 2017 - 2027 |
7.3 North America Electric Scooters Market, Revenues & Volume, By Voltage Type, 2017 - 2027 |
8 Latin America Electric Scooters Market, 2017 - 2027 |
8.1 Latin America Electric Scooters Market, Revenues & Volume, By Product Type, 2017 - 2027 |
8.2 Latin America Electric Scooters Market, Revenues & Volume, By Battery Type, 2017 - 2027 |
8.3 Latin America Electric Scooters Market, Revenues & Volume, By Voltage Type, 2017 - 2027 |
9 Asia Pacific Electric Scooters Market, 2017 - 2027 |
9.1 Asia Pacific Electric Scooters Market, Revenues & Volume, By Product Type, 2017 - 2027 |
9.2 Asia Pacific Electric Scooters Market, Revenues & Volume, By Battery Type, 2017 - 2027 |
9.3 Asia Pacific Electric Scooters Market, Revenues & Volume, By Voltage Type, 2017 - 2027 |
10 Middle East Electric Scooters Market, 2017 - 2027 |
10.1 Middle East Electric Scooters Market, Revenues & Volume, By Product Type, 2017 - 2027 |
10.2 Middle East Electric Scooters Market, Revenues & Volume, By Battery Type, 2017 - 2027 |
10.3 Middle East Electric Scooters Market, Revenues & Volume, By Voltage Type, 2017 - 2027 |
11 Africa Electric Scooters Market, 2017 - 2027 |
11.1 Africa Electric Scooters Market, Revenues & Volume, By Product Type, 2017 - 2027 |
11.2 Africa Electric Scooters Market, Revenues & Volume, By Battery Type, 2017 - 2027 |
11.3 Africa Electric Scooters Market, Revenues & Volume, By Voltage Type, 2017 - 2027 |
12 Latin America Electric Scooters Market, 2017 - 2027 |
12.1 Latin America Electric Scooters Market, Revenues & Volume, By Product Type, 2017 - 2027 |
12.2 Latin America Electric Scooters Market, Revenues & Volume, By Battery Type, 2017 - 2027 |
12.3 Latin America Electric Scooters Market, Revenues & Volume, By Voltage Type, 2017 - 2027 |
13 Global Electric Scooters Market, 2017 - 2027 |
13.1 Global Electric Scooters Market, Revenues & Volume, By Product Type, 2017 - 2027 |
13.2 Global Electric Scooters Market, Revenues & Volume, By Battery Type, 2017 - 2027 |
13.3 Global Electric Scooters Market, Revenues & Volume, By Voltage Type, 2017 - 2027 |
14 Global Electric Scooters Market Key Performance Indicators |
15 Global Electric Scooters Market - Opportunity Assessment |
15.1 Global Electric Scooters Market Opportunity Assessment, By Countries, 2020 & 2027F |
15.2 Global Electric Scooters Market Opportunity Assessment, By Product Type, 2020 & 2027F |
15.3 Global Electric Scooters Market Opportunity Assessment, By Battery Type, 2020 & 2027F |
15.4 Global Electric Scooters Market Opportunity Assessment, By Voltage Type, 2020 & 2027F |
16 Global Electric Scooters Market - Competitive Landscape |
16.1 Global Electric Scooters Market Revenue Share, By Companies, 2020 |
16.2 Global Electric Scooters Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Company Profiles |
18 Recommendations |
19 Disclaimer |