Global E-Scooters Market Size, Share, Forecast Report, 2020-2027

The global E-Scooters market garnered revenue around USD XX Billion in 2019 and projected to reach USD XX Billion in 2027, with at a compound annual growth rate of 8% throughout the estimate period from 2020 to 2027.

Electric scooters are plug-in or battery based electric vehicles that can be recharged from an external source of electricity. The electricity stored 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 help save costs related to fuel, spark plug change, and oil filter replacements due to the simplistic design characteristics; result in low maintenance costs.

This research report encompasses precise assessment of the market with the help of comprehensive qualitative insights and supportable prognoses regarding market size, consumption and production. The projections presented in the report have been derived using proven research methodologies and assumptions. It does so by means of comprehensive qualitative insights, historical statistics, and verifiable predictions about market revenue and sales.

The rapidly budding threat owed to the eruption of COVID-19 is impacting lives, communities, businesses, and industries across the globe. With businesses shuttered, flights grounded, COVID-19 is about to affect the global economy in different ways such as by directly upsetting production and demand, by generating supply chain disruption, and by its financial impact on firms and financial markets. Therefore, this report covers COVID-19 outbreak impact analysis on the E-Scooters market under the research study. The market estimates offered in the report are the outcome of in-depth extensive secondary research, primary interviews and in-house professional assessments. These market evaluations have been measured by reviewing the impact of numerous social, political and economic factors coupled with recent market dynamics affecting the E-Scooters market growth.

The global E-Scooters market is characterized by the presence of numerous small as well as medium scale companies. These players are largely focused towards forward integration via raw material production, product manufacturing, and distribution across various industry verticals. The report recognizes numerous crucial manufacturers of the market. This research study aids to comprehend the strategies and associations that companies are converging to survive in this competitive marketplace. This report assists in understanding footprints of the manufacturers with the help of their global revenue, production, capacity and average selling price analysis for period 2016-2027.

Major manufacturers analysed under this study comprises:

The global e-scooters market is dominated by major players such as 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. (India), Mahindra GenZe (U.S.), Kumpan Electric (Germany), Torrot Group (Spain), and Ather Energy (India) are among others.

This report delivers market breakdown and its revenue, consumption, production analysis and projections by categorizing it depending on parameters such as type, application/end-user, and region. This research report delivers the analysis and prognosis of revenue, production, price, market share and growth trend for different products such as:

On the basis of battery type, the market is segmented as sealed lead acid, Li-ion and others. Until past few years, sealed lead acid batteries were used due to their benefits such as robustness and low costs. However, overheating and bulkiness of these batteries due to charging are some of the disadvantages that make them discharge quickly even without handling heavy loads. On the other hand, lithium-ion battery packs have better efficiency and advantages compared to other battery types. As a result, there is a gradual increase in adoption of li-ion batteries among e-scooter manufacturers, across the globe.

Based on voltage, the market is segment as 36V, 24V, 48V, more than 48V. In 2017, 48V and more than 48V segment, acquired the largest share and is anticipated to maintain the same growth over the forecast period. In addition, the high voltage levels offered by this battery segments aid in cost-effective opportunities for hybridization of vehicles.

Based on category, the segments are L1e and L3e. L1e includes light two-wheel powered vehicle whereas L3e includes two-wheeler motorcycle. Based on e-scooter type, the market is segmented as retro, standing/self-balancing and folding. Among these, standing/self-balancing scooters are expected to witness a positive growth over the forecast period.

Regional Analysis and Forecast

Further, this research study analyses market size, production, consumption and its advancement trends at global, regional, and country level for period 2016 to 2027 and covers following region in its scope:

• North America
  • S.
  • Canada
• Europe
  • Germany
  • K.
  • Italy
  • France
  • Rest of EU
• Asia Pacific
  • China
  • India
  • Japan
  • Southeast Asia
  • Rest of APAC
• Central & South America
  • Brazil
  • Argentina
  • Rest of Central & South America
• Middle East and Africa
  • UAE
  • Saudi Arabia
  • Rest of MEA