Market Research Future

E-Scooters Market Poised to Rake at 7% CAGR During 2017-2023

Global E-Scooters Market Information Report, By Battery Type (Sealed Lead Acid, Li-Ion and Ni-MH), By Product (Retro, Standing/Self-Balancing and Folding), By Technology (Plug-In Based and Battery Based) and By Region - Forecast To 2023


Pune, India -- (SBWIRE) -- 02/07/2018 -- Market Research Future published a research report on "Global E-Scooters Market for Cosmetics Industry Research Report- Forecast 2023" – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023.

Market Highlights

With the global economy witnessing extraordinary growth, major emerging countries such as China, India, Thailand, and Indonesia are becoming manufacturing hubs for global automotive players. As the global auto-manufacturers continue to expand into growing and emerging markets, the demand for e-scooters will also rise.

Due to the rising concerns regarding environmental pollution, many governments across the world have implemented several regulations and policies to reduce vehicle emission during the last few years. Global warming has also created a major threat to the environment and human life. Moreover, the emergence of eco-friendly vehicles, has also been played a major role in the increasing sales of e-scooters. Also, the increase in the prices of the fuel, has led the customers to abandon the fuel powered vehicle segment, thereby driving the growth of all electric vehicles including e-scooters.

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The manufacturers are establishing battery swapping stations and developing a supercharger network to provide convenience to consumers. The manufacturers are developing these systems with the objective to overcome the barriers of adoption of electric scooters, owing to the inadequate charging infrastructures.

Market Research Analysis

Based on battery type, the e-scooters market has been segmented as sealed lead acid, Li-ion and Ni-MH. Among these, Li-ion is expected to grow, significantly, over the forecast period. Compared to other battery types lithium-ion batteries have superior energy, power density and superior cycling ability. These qualities play an important role in electric and hybrid vehicles, and the energy storage systems used in renewable energy farms.

Based on products, the market has been segmented as retro, standing/self-balancing and folding. Among these, standing/self-balancing scooters are expected to dominate the market. The increase in use of these self-balancing scooters for both, residential and commercial applications, is driving the growth of the market. In European and North American regions, these scooters are being used by the bomb disposable squads to maneuver disposable tools, quickly.

Key Players

The prominent players in the global e-scooters market include Gogoro Inc. (Taiwan), Terra Motors Corporation (Japan), Vmoto Limited (Australia), Jiangsu Xinri Electric Vehicle Co. Ltd (China), Amego Electric Vehicles Inc. (Canada), Alta Motors (U.S.), Govecs Group (Germany), Ampere Vehicles Pvt. Ltd (India), Hero Electric Vehicles Pvt. Ltd. (India) and Mahindra GenZe (U.S.).

Scope of the Report

This study provides an overview of the global e-scooters market, tracking three market segments across four geographic regions. The report studies key players, providing a six year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global E-Scooters Market by battery type, product, technology and regions.

By Battery Type
- Sealed lead acid
- Li-ion
- Ni-MH

By Product
- Retro
- Standing/Self-Balancing
- Folding

By Technology
- Plug-in based
- Battery based

By Regions
- North America
- Asia Pacific
- Europe
- Rest of the World

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The report for Global E-Scooters Market for Cosmetics Industry of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.

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