Electric Scooters Market Size, Share, Analysis Report

Electric Scooters Market Size 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), By Region (North America, Europe, Asia-Pacific, Rest of the World), Market Analysis Report, Forecast

The Electric Scooters Market is expected to be around US$ 59.79 Billion by 2027 at a CAGR of 17.17% in the given forecast period.

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MARKET SNAPSHOT

Major Players

  • Gogoro Inc
  • Terra Motors Corporation
  • Vmoto Limited
  • Jiangsu Xinri Electric Vehicle Co. Ltd
  • Amego Electric Vehicles Inc
  • Study period:

    2022-2027

    Base Year:

    2020

    CAGR:

    17

    Fastest Growing Market:

    APAC

    Largest Market:

    North America

    REPORT DESCRIPTION

    The Electric Scooters Market is expected to be around US$ 59.79 Billion by 2027 at a CAGR of 17.17% in the given forecast period.

    Electric scooters are battery based orplug-in electric vehicles that can be recharged from an outside source of electricity. The electricity kept on board in a rechargeable battery can supply power to one or more electric motors for attaining locomotion. E-Scooters have lesser operating costs compared to the conventional ICE vehicles with performance intact. Also, these vehicles support save costs related to spark plug change, fuel, and oil filter replacements due to the simplistic design characteristics; result in low maintenance costs.The demand within the global market for electric scooters is projected to touch new heights as some government and non-government bodies make efforts to decrease the global carbon footprint. Moreover, a range of financial incentives have been lengthy towards developing a robust electric automotive industry which is also projected to propel market demand. Furthermore, depletion of fossil fuels is a daunting problem that can only be resolved through the making of a self-sufficient electric automotive sector. Hence, the demand for electric scooters is expected to escalating as people and organisations show a sense of responsibility towards the environment.

    The global Electric Scooters market is segregated on the basis of Product Type as Retro, Standing/Self-Balancing, and Folding. Based on Battery Type the global Electric Scooters market is segmented in Sealed Lead Acid, NiMH, and Li-Ion. Based on Voltage Type the global Electric Scooters market is segmented in 24V, 36V, 48V, and Greater than 48V.

    The global Electric Scooters market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Electric Scooters market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.

    Competitive Rivalry

    Gogoro Inc, Vmoto Limited, Terra Motors Corporation, Jiangsu Xinri Electric Vehicle Co. Ltd, and Amego Electric Vehicles Inc., NYCeWheels, GOVECS GmbH, Ampere Vehicles Pvt. Ltd., Hero Electric Vehicles Pvt. Ltd., Mahindra GenZe, and others are among the major players in the global Electric Scooters market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.

    The Electric Scooters Market has been segmented as below:

    Electric Scooters Market, By Product Type

    • Retro
    • Standing/Self-Balancing
    • Folding

    Electric Scooters Market, By Battery Type

    • Sealed Lead Acid
    • NiMH
    • Li-Ion

    Electric Scooters Market, By Voltage Type

    • 24V
    • 36V
    • 48V
    • Greater than 48V

    Electric Scooters Market, By Region

    • North America
    • Europe
    • Asia-Pacific
    • Rest of the World

    Electric Scooters Market, By Company

    • Gogoro Inc.
    • Vmoto Limited
    • Terra Motors Corporation
    • Jiangsu Xinri Electric Vehicle Co. Ltd.
    • Amego Electric Vehicles Inc.
    • NYCeWheels
    • GOVECS GmbH
    • Ampere Vehicles Pvt. Ltd.
    • Hero Electric Vehicles Pvt. Ltd.
    • Mahindra GenZe

    The report covers:

    • Global Electric Scooters market sizes from 2021 to 2027, along with CAGR for 2021-2027
    • Market size comparison for 2021 vs 2027, with actual data for 2021, estimates for 20120 and forecast from 2021 to 2027
    • Global Electric Scooters market trends, covering comprehensive range of consumer trends & manufacturer trends
    • Value chain analysis covering participants from raw material suppliers to the downstream buyer in the global Electric Scooters market
    • Major market opportunities and challenges in forecast timeframe to be focused
    • Competitive landscape with analysis on competition pattern, portfolio comparisons, development trends and strategic management
    • Comprehensive company profiles of the key industry players

    Report Scope:

    The global Electric Scooters market report scope includes detailed study covering underlying factors influencing the industry trends. The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies. The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Electric Scooters market share. Major industry players with significant revenue share include Gogoro Inc. (Taiwan), Vmoto Limited (Australia), Terra Motors Corporation (Japan), Jiangsu Xinri Electric Vehicle Co. Ltd. (China), and Amego Electric Vehicles Inc. (Canada)., NYCeWheels (U.S.), GOVECS GmbH (Germany), Ampere Vehicles Pvt. Ltd. (India), Hero Electric Vehicles Pvt. Ltd., Mahindra GenZe (U.S.), and others.

    Reasons to Buy this Report:

    • Gain detailed insights on the Electric Scooters industry trends
    • Find complete analysis on the market status
    • Identify the Electric Scooters market opportunities and growth segments
    • Analyse competitive dynamics by evaluating business segments & product portfolios
    • Facilitate strategy planning and industry dynamics to enhance decision making

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    1.    Introduction
    1.1.    Key Points
    1.2.    Report Description
    1.3.    Markets Covered
    1.4.    Stakeholders
    2.    Research Methodology
    2.1.    Research Scope
    2.2.    Research Methodology
    2.2.1.    Market Research Process
    2.2.2.    Research Methodology
    2.2.2.1.    Secondary Research
    2.2.2.2.    Primary Research
    2.2.2.3.    Models for Estimation
    2.3.    Market Size Estimation
    2.3.1.    Bottom-Up Approach
    2.3.2.    Top-Down Approach
    3.    Executive Summary
    4.    Market Overview
    4.1.    Introduction
    4.2.    Drivers
    4.3.    Restraints
    4.4.    Opportunities
    4.5.    Challenges
    5.    Electric Scooters Market, By Product Type
    5.1.    Key Points
    5.2.    Retro
    5.3.    Standing/Self-Balancing
    5.4.    Folding
    6.    Electric Scooters Market, By Battery Type
    6.1.    Key Points
    6.2.    Sealed Lead Acid
    6.3.    NiMH
    6.4.    Li-Ion
    7.    Electric Scooters Market, By Voltage Type
    7.1.    Key Points
    7.2.    24V
    7.3.    36V
    7.4.    48V
    8.    Competitive Landscape
    8.1.    Introduction
    8.2.    Recent Developments
    8.2.1.    Mergers & Acquisitions
    8.2.2.    New Product Developments
    8.2.3.    Portfolio/Production Capacity Expansions
    8.2.4.    Joint Ventures, Collaborations, Partnerships & Agreements
    8.2.5.    Others
    9.    Company Profiles
    9.1 Gogoro Inc.
    9.1.1 Company Overview
    9.1.2 Product/Service Landscape
    9.1.3 Financial Overview
    9.1.4 Recent Developments
    9.2 Vmoto Limited
    9.2.1 Company Overview
    9.2.2 Product/Service Landscape
    9.2.3 Financial Overview
    9.2.4 Recent Developments
    9.3 Terra Motors Corporation
    9.3.1 Company Overview
    9.3.2 Product/Service Landscape
    9.3.3 Financial Overview
    9.3.4 Recent Developments
    9.4 Jiangsu Xinri Electric Vehicle Co. Ltd.
    9.4.1 Company Overview
    9.4.2 Product/Service Landscape
    9.4.3 Financial Overview
    9.4.4 Recent Developments
    9.5 Amego Electric Vehicles Inc.
    9.5.1 Company Overview
    9.5.2 Product/Service Landscape
    9.5.3 Financial Overview
    9.5.4 Recent Developments
    9.6 NYCeWheels
    9.6.1 Company Overview
    9.6.2 Product/Service Landscape
    9.6.3 Financial Overview
    9.6.4 Recent Developments
    9.7 GOVECS GmbH
    9.7.1 Company Overview
    9.7.2 Product/Service Landscape
    9.7.3 Financial Overview
    9.7.4 Recent Developments
    9.8 Ampere Vehicles Pvt. Ltd.
    9.8.1 Company Overview
    9.8.2 Product/Service Landscape
    9.8.3 Financial Overview
    9.8.4 Recent Developments
    9.9 Hero Electric Vehicles Pvt. Ltd.
    9.9.1 Company Overview
    9.9.2 Product/Service Landscape
    9.9.3 Financial Overview
    9.9.4 Recent Developments
    9.10 Mahindra GenZe
    9.10.1 Company Overview
    9.10.2 Product/Service Landscape
    9.10.3 Financial Overview
    9.10.4 Recent Developments
     

    The Electric Scooters Market has been segmented as below:

    Electric Scooters Market, By Product Type

    • Retro
    • Standing/Self-Balancing
    • Folding

    Electric Scooters Market, By Battery Type

    • Sealed Lead Acid
    • NiMH
    • Li-Ion

    Electric Scooters Market, By Voltage Type

    • 24V
    • 36V
    • 48V
    • Greater than 48V

    Electric Scooters Market, By Region

    • North America
    • Europe
    • Asia-Pacific
    • Rest of the World

    Electric Scooters Market, By Company

    • Gogoro Inc.
    • Vmoto Limited
    • Terra Motors Corporation
    • Jiangsu Xinri Electric Vehicle Co. Ltd.
    • Amego Electric Vehicles Inc.
    • NYCeWheels
    • GOVECS GmbH
    • Ampere Vehicles Pvt. Ltd.
    • Hero Electric Vehicles Pvt. Ltd.
    • Mahindra GenZe

    Got a question? We've got answers. If you have some other questions, see our support center.

    The market is expected to grow at a CAGR of 17.17% during the study period (2022-2027)
    The Electric Scooters Market is expected to be around US$ 59.79 Billion by 2027
    The segment included in the Electric Scooters Market is Product, Battery, Voltage and Region.
    Some key players operating in the Electric Scooters Market include Gogoro Inc, Vmoto Limited, Terra Motors Corporation, Jiangsu Xinri Electric Vehicle Co. Ltd, and Amego Electric Vehicles Inc
    We can offer several formats of the market research reports including, • PDF • PPT • Spreadsheet/ Workbook

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