Electric Scooter

Global Electric Scooter Market is valued at USD 9.25 Billion in 2018 and expected to reach USD 15.04 Billion by 2025 with the CAGR of 7.19% over the forecast period. As the world is facing global warming problems and climate change, therefore more and more people are making green choices which is anticipated to drive the market growth.5.
Scope of Electric Scooter Market Report:
Electric scooter is a vehicle that runs with electric power. Different from the conventional scooters that run based on gas or oil. Electric scooter has two or three smaller diameter wheels with handlebars, is designed to be set upright upon by the operator, and it is powered by an electric motor that is capable of driving the device with or without human force at a speed no more than twenty miles per hour on a smooth level surface.

Global electric scooter market report is segmented on the basis of vehicle type, battery type, voltage, technology and regional & country level. By vehicle type, the electric scooter market is segmented into retro, standing/self-balancing and folding. By battery type, the market is segmented into sealed lead acid and li-ion. By voltage, the market is segmented into 36v, 48v, 60v and 72v. By technology, the electric scooter market is segmented into plug-in and battery.
The regions covered in this Global Electric Scooter Market report are North America, Europe, Asia-Pacific and Rest of the World. On the basis of country level, the market of Electric Scooter is sub divided into U.S., Mexico, Canada, U.K., France, Germany, Italy, China, Japan, India, South East Asia, Middle East Asia (UAE, Saudi Arabia, Egypt) GCC, Africa, etc.

Key Players for Global Electric Scooter Market Report–
Some major key players for global Electric Scooter market are AllCell Technologies LLC., BMW Motorrad International, BOXX Corp., Gogoro, Inc., Green Energy Motors Corp., Greenwit Technologies Inc., Honda Motor Co. Ltd., JIANGSU XINRI E-VEHICLE CO., LTD., KTM AG, Mahindra GenZe and others.

Global Electric Scooter Market Dynamics– Global electric scooter market is expected to witness a significant growth within the forecast period due to the increased demand for fuel-efficient vehicles for shorter distances, increasing carbon and greenhouse gas emissions, and some government initiatives boosting adoption of green vehicles. Declining costs of batteries are also expected to create favorable opportunities for companies. For instance; according to McKinsey Company Analysis; the price of a whole automotive lithium-ion battery pack could drop from $500 to $600 per kilowatt hour (kWh) nowadays, by 2020 it will drop around $200 per kWh and by 2025 it will drop at about $160 per kWh. Additionally, the market is driven by a strong presence of original equipment manufacturers (OEMs) improving their product portfolio. For instance, Avan Motors lines up six electric scootersand going to introduce one in every 6 months in Indian Market. Electric scooter and motorcycle are lower in operating performance as compared to the usually used scooter and motorcycle, is factor restrain the market growth.

Geographically, this report split global into several key Regions, revenue (Million USD) The geography (North America, Europe, Asia-Pacific, Latin America andMiddle East & Africa) focusing on key countries in each region. It also covers market drivers, restraints, opportunities, challenges, and key issues in Global Electric Scooters Market. 

Key Benefits for Electric Scooters Market Reports 
• Global market report covers in-depth historical and forecast analysis.
• Global market research report provides detail information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), Market Drivers, Market Restraints, Market Opportunities, Competitive Analysis, Regional and Country Level.
• Global market report helps to identify opportunities in market place.
• Global market report covers extensive analysis of emerging trends and competitive landscape.
 
Global Electric Scooter Market Segmentation:–
By Vehicle Type:
•	Retro
•	Standing/Self-Balancing
•	Folding

By Battery Type:
•	Sealed Lead Acid
•	Li-Ion

By Voltage:
•	36V
•	48V
•	60V 
•	72V

By Technology 
•	Plug-in 
•	Battery

By Region
• North America
o U.S.
o Canada
o Mexico
• Europe
o UK
o France
o Germany
o Russia
o Rest of Europe
• Asia-Pacific
o China
o South Korea
o India
o Japan
o Rest of Asia-Pacific
• Latin America
o Brazil
o Mexico
o Rest of Latin America
• Middle East and Africa
o GCC Countries
o Africa
o Rest of Middle East and Africa

North America is Expected to dominate the Global Electric Scooter Market.- North America is expected to dominate the global electric scooter market owing to the introduction of electric scooter sharing fleets, improvement in battery technology, government incentives and policies, and less maintenance cost of such vehicles in this region. For instance; according to nacto.org; around 84 Million Trips has in use on shared bikes and scooters through the U.S. in 2018. Europe electric scooters market is expected witness a strong growth rate due to the need to bring down carbon emissions across EU nations. Asia Pacific is anticipated to witness a fastest growth with highest CAGR owing to presence of leading players, increasing population and growing concerns regarding environmental in this region. 

Electric Scooters Market Key Players:
• BMW Motorrad International
• Gogoro, Inc.
• Terra Motors Corporation
• Mahindra GenZe
• Vmoto Limited
• Xinri Electric Vehicle Co. Ltd.
• Yamaha Motor Company Limited
• Suzuki Motor Corporation
• KTM AG
• Peugeot Scooters
• Others

This comprehensive report will provide:

• Enhance your strategic decision making
• Assist with your research, presentations and business plans
• Show which emerging market opportunities to focus on
• Increase your industry knowledge
• Keep you up-to-date with crucial market developments
• Allow you to develop informed growth strategies
• Build your technical insight
• Illustrate trends to exploit
• Strengthen your analysis of competitors
• Provide risk analysis, helping you avoid the pitfalls other companies could make
• Ultimately, help you to maximize profitability for your company.

Our Market Research Solution Provides You Answer to Below Mentioned Question:

• Which are the driving factors responsible for the growth of market?
• Which are the roadblock factors of this market?
• What are the new opportunities, by which market will grow in coming years?
• What are the trends of this market?
• Which are main factors responsible for new product launch?
• How big is the global & regional market in terms of revenue, sales and production?
• How far will the market grow in forecast period in terms of revenue, sales and production?
• Which region is dominating the global market and what are the market shares of each region in the overall market in 2017?
• How will each segment grow over the forecast period and how much revenue will these segment account for in 2025?
• Which region has more opportunities?

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