Electric Scooter and Battery Market 2021 Industry to Develop at 17.93% CAGR by 2027
Electric Scooter and Battery Market Analysis/Electric Scooter and Battery Market Trends The global Electric Scooter and Battery Market size will develop at a 17.93% CAGR during the forecast period 2020- 2027, states the latest Market Research Future (MRFR) analysis. Various factors are fuelling the global electric scooter and battery market share. As per the recent MRFR market estimates, such factors include the increasing demand for electric scooters, various strategic initiatives by key players, demand for electric scooters by tourists, growing need for energy-efficient commuting, governments supporting electric two-wheelers through tax rebates and subsidies, the growing need for fuel efficient vehicles, and increasing concerns over greenhouse and carbon gas emissions. On the contrary, lack of charging infrastructure, design and performance standards, poor aftermarket services, underdeveloped charging infrastructure, high prices of electric scooters, and the impact of the COVID-19