Electric Scooters Market was valued at USD 16.8 Billion in 2018 and is projected to reach USD 31.4 Billion by 2026


Posted February 10, 2020 by jennysmith

Electric Scooters Market was valued at USD 16.8 Billion in 2018 and is projected to reach USD 31.4 Billion by 2026, growing at a CAGR of 8.09% from 2019 to 2026.

 
Electric Scooters Market Size And Forecast
According to Verified Market Research, the Global Electric Scooters Market was valued at USD 16.8 Billion in 2018 and is projected to reach USD 31.4 Billion by 2026, growing at a CAGR of 8.09% from 2019 to 2026.

The latest survey on Global Electric Scooters Market is conducted covering various organizations of the industry from different geographies to come up with a 100+ page report. The study is a perfect mix of qualitative and quantitative information highlighting key market developments, challenges that industry and competition are facing along with gap analysis and new opportunities available and trend in Electric Scooters Market. The report aims to present the analysis of Global Electric Scooters Market By Product, By Application, By Region – North America, Europe, South America, Asia-Pacific, Middle East, and Africa. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment evaluation. Besides, the report also identifies and analyses the emerging trends along with major drivers, challenges and opportunities.

What is Electric Scooter?
Electric scooters are plug-in electric vehicles where electricity is stored on board in a rechargeable battery, which drives electric motors. Electric has a step-through frame and has a range of 20-50 miles per charge. They are quieter, more efficient, easy to operate and classed as personal light electric vehicles.

Get | Download Sample Report @ – https://www.verifiedmarketresearch.com/download-sample/?rid=16490&utm_source=Free&utm_medium=004

Global Electric Scooters Market Outlook
In the report, the market outlook section mainly encompasses the fundamental dynamics of the market which include drivers, restraints, opportunities, and challenges faced by the industry. Drivers and restraints are intrinsic factors whereas opportunities and challenges are extrinsic factors of the market.

The technological development next-generation smart scooters through the integration of IoT and big data technology is a major market trend that is likely to drive the growth of the market. Increasing recreational and tourism activity across the world has increased the demand for the folding electric scooters. The increasing population coupled with the declining prices of electric bikes compared to conventional vehicles and rising environmental concerns are some of the factors that are expected to propel the growth of the market over the forecast period. Furthermore, low noise levels with relatively cost-effective maintenance costs and high functional efficiency of electric scooters are also boosting the product demand. However, less speed and reach achieved by the electric scooter compared to the conventional scooter is likely to hamper the growth of the market over the forecast period.

Verified Market Research narrows down the available data using primary sources to validate the data and use it in compiling a full-fledged market research study. The report contains a quantitative and qualitative estimation of market elements that interest the client. The “Global Electric Scooters Market” is mainly bifurcated into sub-segments which can provide classified data regarding the latest trends in the market.

Global Electric Scooters Market Competitive Landscape
The “Global Electric Scooters Market” study report will provide a valuable insight with an emphasis on global market including some of the major players such as AllCell Technologies LLC, BMW Motorrad International, Gogoro, Inc., Green Energy Motors Corp., Greenwit Technologies Inc., Honda Motor Co. Ltd., Terra Motors Corporation, Vmoto Limited, Yamaha Motor Company Limited, and Ninebot Limited. Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share and market ranking analysis of the above-mentioned players globally.

Get More Information @ – https://www.verifiedmarketresearch.com/download-sample/?rid=16490&utm_source=Free&utm_medium=004

Global Electric Scooters Market, By Product
• Retro
• Standing/Self-Balancing
• Folding

Global Electric Scooters Market, By Voltage
• 24V
• 36V
• 48V
• Above 48V

Global Electric Scooters Market, By Battery
• Sealed lead acid
• NiMH
• Li-Ion

Global E-Scooters Market, By Geography
• North America
o U.S.
o Canada
o Mexico
• Europe
o Germany
o UK
o France
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o Rest of Asia Pacific
• Rest of the World
o Latin America
o Middle East & Africa

Obtain Report Details @ https://www.verifiedmarketresearch.com/product/e-scooters-market/?utm_source=Free&utm_medium=004
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Issued By vmr
Country United States
Categories Business , Industry , Research
Tags electric scooters , electric scooters market , electric scooters market trends
Last Updated February 10, 2020