Product Code: ETC014828 | Publication Date: Jun 2023 | Updated Date: May 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
South Africa Electric Scooters market currently, in 2023, has witnessed an HHI of 3803, Which has increased slightly as compared to the HHI of 2680 in 2017. The market is moving towards concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
South Africa electric scooter market is expected to grow at a CAGR of 8.8% during the forecast period 2020-2026. Increasing demand for eco-friendly and cost efficient transport, government initiatives towards promoting clean energy vehicles, rapid expansion of public charging infrastructure are some major factors driving the growth of South Africa electric scooters market. Additionally, technological advancements such as introduction of advanced battery systems and connected technologies in e-scooters are also augmenting the overall market growth
Further on, increasing investments from venture capitalists and startups for development and commercialization of electric two wheelers is creating ample opportunities for industry players to enter into this domain. For instance: In March 2019, Uber acquired Jump Bikes ? an US based dockless electric bicycle sharing company; in May 2018 Lime raised $335 million funding round backed by Google Ventures & Uber Technologies Inc., which will be used for expanding its services internationally including South Africa; Bird raised USD 300 million Series D financing round led by Sequoia Capital primarily focusing on international markets like Europe & Asia Pacific etc.; Lastly Yulu partnered with BankChain consortium (led by State Bank Of India) to develop blockchain applications related to digital paymentsfor its users across multiple cities in India & other countries like Indonesia and Philippines etc
However high initial purchase costs associated with these vehicles coupled with limited range may inhibit the market growth over the coming years.
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 South Africa Electric Scooters Market Overview |
3.1 South Africa Country Macro Economic Indicators |
3.2 South Africa Electric Scooters Market Revenues & Volume, 2019 & 2026F |
3.3 South Africa Electric Scooters Market - Industry Life Cycle |
3.4 South Africa Electric Scooters Market - Porter's Five Forces |
3.5 South Africa Electric Scooters Market Revenues & Volume Share, By Product Type, 2019 & 2026F |
3.6 South Africa Electric Scooters Market Revenues & Volume Share, By Battery Type, 2019 & 2026F |
3.7 South Africa Electric Scooters Market Revenues & Volume Share, By Voltage Type, 2019 & 2026F |
4 South Africa Electric Scooters Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 South Africa Electric Scooters Market Trends |
6 South Africa Electric Scooters Market, By Types |
6.1 South Africa Electric Scooters Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 South Africa Electric Scooters Market Revenues & Volume, By Product Type, 2016 - 2026F |
6.1.3 South Africa Electric Scooters Market Revenues & Volume, By Retro, 2016 - 2026F |
6.1.4 South Africa Electric Scooters Market Revenues & Volume, By Standing/Self-Balancing, 2016 - 2026F |
6.1.5 South Africa Electric Scooters Market Revenues & Volume, By Folding, 2016 - 2026F |
6.2 South Africa Electric Scooters Market, By Battery Type |
6.2.1 Overview and Analysis |
6.2.2 South Africa Electric Scooters Market Revenues & Volume, By Sealed Lead Acid, 2016 - 2026F |
6.2.3 South Africa Electric Scooters Market Revenues & Volume, By NiMH, 2016 - 2026F |
6.2.4 South Africa Electric Scooters Market Revenues & Volume, By Li-Ion, 2016 - 2026F |
6.3 South Africa Electric Scooters Market, By Voltage Type |
6.3.1 Overview and Analysis |
6.3.2 South Africa Electric Scooters Market Revenues & Volume, By 24V, 2016 - 2026F |
6.3.3 South Africa Electric Scooters Market Revenues & Volume, By 36V, 2016 - 2026F |
6.3.4 South Africa Electric Scooters Market Revenues & Volume, By 48V, 2016 - 2026F |
6.3.5 South Africa Electric Scooters Market Revenues & Volume, By Greater than 48V, 2016 - 2026F |
7 South Africa Electric Scooters Market Import-Export Trade Statistics |
7.1 South Africa Electric Scooters Market Export to Major Countries |
7.2 South Africa Electric Scooters Market Imports from Major Countries |
8 South Africa Electric Scooters Market Key Performance Indicators |
9 South Africa Electric Scooters Market - Opportunity Assessment |
9.1 South Africa Electric Scooters Market Opportunity Assessment, By Product Type, 2019 & 2026F |
9.2 South Africa Electric Scooters Market Opportunity Assessment, By Battery Type, 2019 & 2026F |
9.3 South Africa Electric Scooters Market Opportunity Assessment, By Voltage Type, 2019 & 2026F |
10 South Africa Electric Scooters Market - Competitive Landscape |
10.1 South Africa Electric Scooters Market Revenue Share, By Companies, 2019 |
10.2 South Africa Electric Scooters Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |