The global electric scooter market is expected to grow from USD 8.29 billion 2017 to USD 19.62 billion by the end of 2024 at a Compound Annual Growth Rate (CAGR) of 13.09%.
"Consumer cognizance and government initiativeis one of the factors largely attributing to the growth of electric scooter market globally"
The factors attributing to the growth of the market are consumer cognizance and government initiative, and increasing application for personal and public services. However, some factors such as and conservative and protectionist approach towards government rules and regulations may hinder the market growth. The global electric scooter market is expected to showcase the opportunities such as sustainable collaborative acceptability between regulatory authorities and manufacturers, and contineous product development. In the near future, the market may face the possible challenges in the growth due to and near sightedness vision road transport electrification. However, the key players in the market are putting regressive efforts to provide innovative offerings and benchmark strategies in the global electric scooter market market.
On the basis of age group, the global electric scooter market is studied across 13 and Above, 5-8 Years, and 9-12 Years.
On the basis of type, the global electric scooter market is studied across Folding, Retro, and Standing/Self-Balancing.
On the basis of geography, the global electric scooter market is studied across Americas, (United States, Brazil, Canada, Mexico, and Argentina) Europe, Middle East & Africa, (United Kingdom, Germany, France, Saudi Arabia, United Arab Emirates, Italy, and Russia) and Asia-Pacific (China, Japan, India, and Australia).
"Bird: The potential growing player for the global electric scooter market"
The key players profiled in the global electric scooter market are Bird, EVO Scooters, Glion Dolly, HomCom, Hover-1, INOKIM, Lime, ROBSTEP, Razor USA LLC, SWAGTRON, Smarthlon Scooters, Super Cycles & Scooters, TOPMATE.CC, URBAN626, LLC, Xiaomi, Zinc, and Zycomotion.
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on sulfuric acid offered by the key players in the global electric scooter market.
2. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and new product developments in the global electric scooter market.
3. Market Development: Provides in-depth information about lucrative emerging markets and analyzes the markets for the global electric scooter market.
4. Market Diversification: Provides detailed information about new products launches, untapped geographies, recent developments, and investments in the global electric scooter market.
5. Competitive Assessment & Intelligence: Provides exhaustive assessment of market shares, strategies, products, and manufacturing capabilities of the leading players in the global electric scooter market.