Electric Scooters Market to be Worth $78.65 Billion by 2030: Grand View Research, Inc.
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Read 164-page market research report, "Electric Scooters Market Size, Share & Trends Analysis Report By Battery (Lithium-ion, Lead-acid), By Drive Type (Belt Drive, Hub Motor), By End-use (Personal, Commercial), By Region, And Segment Forecasts, 2023 - 2030", published by Grand View Research.
Electric Scooters Market Growth & Trends
Key players are focusing on improving quality, enhancing performance, comfort, and safety, and lowering the cost of maintenance. In addition, prominent players are undertaking strategic steps to expand their customer base in the international market. They are focusing on launching a range of e-scooters. For instance, Gogoro, Inc., and KYMCO expanded their reach in other regions to capture the benefit of the untapped market. Furthermore, prominent players, such as GenZe by Mahindra, YAMAHA Motor Pvt. Ltd., Vässla Electric Scooters., and PURE EV, have invested in installing charging systems across various countries and are offering swappable battery systems in their e-scooter variants.
The Asia Pacific region is expected to witness the fastest CAGR over the forecast period due to increasing government focus on replacing the existing fleet with EVs in developing economies, such as China, India, and ASEAN countries. Moreover, government and e-scooter manufacturers are investing in developing the public charging infrastructure, which will encourage consumers to shift to e-scooters over their counterparts. The governments in European countries have been providing subsidies to drive the sales of battery-powered two-wheelers. These initiatives are anticipated to become more robust with increasing gasoline prices...
Electric Scooters Market Segmentation
Grand View Research has segmented the global electric scooters market based on the drive type, battery, end-use, and region
E-scooters Market - Drive Type Outlook (Revenue, USD Million, 2018 - 2028)
E-scooters Market - Battery Outlook (Revenue, USD Million, 2018 - 2028)
E-scooters Market - End-use Outlook (Revenue, USD Million, 2018 - 2028)
E-scooters Market - Regional Outlook (Revenue, USD Million, 2018 - 2028)
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
List of Key Players of the Electric Scooters Market
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About Grand View Research
Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.
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