Home » Industry & Manufacturing » Electric Scooters Market Size, Share, Analysis Report
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
Electric Scooters Market, By Battery Type
Electric Scooters Market, By Voltage Type
Electric Scooters Market, By Region
Electric Scooters Market, By Company
The report covers:
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.
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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
Electric Scooters Market, By Battery Type
Electric Scooters Market, By Voltage Type
Electric Scooters Market, By Region
Electric Scooters Market, By Company
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