Global Electric Scooter and Battery Market | Latest Research Report, Expected Demand and Growth Rate, Revenue, Recent Development, Future Prospect and Forecast to 2023
Market
Synopsis
According to the analysis performed by Market
Research Future Reports (MRFR), the global electric scooter and battery market
is estimated to record a CAGR of 17.93 % during the forecast period. The
increase in demand for electric scooters and the initiatives taken by the
established players and the growing demand for electric scooters among the
tourist is the most significant factor driving the Global electric scooter and
battery market 2020. The growing concern regarding the environment is estimated
to play a significant role in expanding the market. Besides, the rise in fuel
cost and the maintenance of fuel-powered vehicles are expected to drive the
market additionally. In addition, the development of battery technologies is
another factor which will lead to the growth of the market. However, the
underdeveloped charging infrastructure and the poor aftermarket services are
further likely to impede the market. Furthermore, the outbreak of COVID-19 is
estimated to make a significant impact on production and supply cycle. The
aftermath of COVID-19 has been thoroughly analyzed by the data experts at MRFR.
We will provide a report on the impact analysis of COVID-19 on the global
electric scooter and battery market.
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Market
Segmentation
The global electric scooter and battery
market can be classified on the basis of product, voltage, type, travel range,
and region.
On the basis of product, the global electric
scooter and battery market can be segmented into self-balancing,
retro, and folding.
On the basis of voltage, the global electric
scooter and battery market can be segmented into 24V,
36V, 48V, and more than 48V.
On the basis of type, the global electric
scooter and battery market can be segmented into battery-based
and plug-in.
On the basis of travel range, the global
electric scooter and battery market can be segmented into up to 20 km, 20 km–40 km, and more than 40 km
On the basis of region, the global electric
scooter and battery market can be segmented into Asia-Pacific, Europe, North
America, and the Rest of the World (RoW).
Regional
Analysis
The regional analysis of Asia-Pacific,
Europe, North America, and the Rest of the World (RoW) has been analyzed. As
per the analysis, the global market is estimated to expand significantly during
the review period. According to the study, the global market is likely to be
dominated by Asia-Pacific. The number of electric scooter rental stores and
kiosks has been rising, which is directly leading to regional market growth.
The Europe market is estimated to grow significantly during the forecast
period. Europe held the second-largest market in 2018. Besides, the initiatives
taken by the government is likely to augment the market in the region.
Moreover, the demand for electric vehicles is likely to increase during the review
period. On the other hand, North America is likely to experience a significant
demand during the review period. Besides, the demand for the initiatives taken
by the government is likely to actuate the market. The RoW is likely to expand
during the forecast period due to the new entries in the market, along with
technological advancement.
However, the spread of coronavirus is likely
to change the mart dynamics of various regions.
Key
Players
The global players of the market are Jiangsu Xinri
E-Vehicle Co., Ltd (SUNRA), Wuxi YADEA Export-Import Co. LTD. (China), Honda
Motor Co., Ltd. (Japan), BMW AG (Germany), Mahindra & Mahindra
Ltd (India), Yamaha Motor Co. Ltd. (US), Terra Motors Corporation (Japan),
BOXX Corp. (US), Greenwit Technologies (Canada), Gogoro
Inc.(Taiwan), Vmoto Limited (Australia), TAIZHOU UGBEST EV CO., LTD
(China), GOVECS AG (Germany), PIAGGIO
& C.SPA (Italy), ZNEN MOTOR (China), and a few others.
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Key Questions
Addressed by the Report
- What was the historic market size?
- Which segmentation (Product/ Capacity) is
driving market?
- What will be the growth rate?
- How are the key players in this
market?
- What are the strategies adopted by
key players?
TABLE OF
CONTENTS
1 EXECUTIVE
SUMMARY
2 SCOPE OF
THE REPORT
2.1 MARKET DEFINITION
2.2 SCOPE OF THE STUDY
2.2.1 DEFINITION
2.2.2 RESEARCH OBJECTIVE
2.2.3 ASSUMPTIONS
2.2.4 LIMITATIONS
2.3 RESEARCH PROCESS
2.3.1 PRIMARY RESEARCH
2.3.2 SECONDARY RESEARCH
2.4 MARKET SIZE ESTIMATION
2.5 FORECAST MODEL
3 MARKET
LANDSCAPE
3.1.1 THREAT OF NEW ENTRANTS
3.1.2 BARGAINING POWER OF BUYERS
3.1.3 THREAT OF SUBSTITUTES
3.1.4 SEGMENT RIVALRY
3.1.5 BARGAINING POWER OF BUYERS
3.2 VALUE CHAIN/SUPPLY CHAIN
ANALYSIS
4 MARKET
DYNAMICS
4.1 INTRODUCTION
4.2 MARKET DRIVERS
4.3 MARKET RESTRAINTS
4.4 MARKET OPPORTUNITIES
4.5 MARKET TRENDS
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