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 pandemic may limit the global electric scooter and battery market growth over the forecast period.

Get free sample pdf @ https://www.marketresearchfuture.com/sample_request/8115

Market Segmentation 

The MRFR report throws light on an inclusive segmental analysis of the global electric scooter and battery market based on travel range, voltage, product, and type.

By type, the global electric scooter and battery market is segmented into battery-based and plug-in. Of these, the battery-based type segment will lead the market over the forecast period for the increasing sales of electric scooters.

By product, the global electric scooter and battery market is segmented into folding, self-balancing, and retro. Of these, the retro product segment will dominate the market over the forecast period as these scooters offer users a longer driving range.

By voltage, the global electric scooter and battery market is segmented into more than 48V, 48V, 36V, and 24V. Of these, the more than 48V voltage segment will spearhead the market over the forecast period for the increasing need for higher driving range with reduced charging periods and higher weight carrying capacity.

By travel range, the global electric scooter and battery market is segmented into more than 40 km, 20km-40km, and up to 20km. Of these, the more than 40km travel range segment will have the lions share in the market over the forecast period.

Regional Analysis 

By region, the global electric scooter and battery market covers the recent trends and growth opportunity across Europe, the Asia Pacific (APAC), North America, and Rest of the World (RoW). Of these, the APAC region will dominate the market over the forecast period. Increase in electric scooter rental stores and kiosks, large sales production and sales volumes in China, the burgeoning need for affordable electric scooters for short-distance commuting, governments promoting electric two-wheelers, China’s rapidly growing economy, and advanced technologies to improve electrification are adding to the global electric scooter and battery market growth in the region.

In Europe, the global electric scooter and battery market is predicted to have second-largest share over the forecast period for the new emission standards introduced by the government.

In North America, the global electric scooter and battery market is predicted to have promising growth over the forecast period. Initiatives by the government towards the adoption of all-electric vehicles for mobility, increasing investment in electric vehicle charging infrastructure, research support for innovative high-density batteries, and focus to launch multiple variants of electric scooters to attract the young population are adding to the global electric scooter and battery market growth in the region.

In RoW, the global electric scooter and battery market is predicted to have sound growth over the forecast period.

Browse complete report @ https://www.marketresearchfuture.com/reports/electric-scooter-battery-market-8115

Key Players

The key players profiled in the global electric scooter and battery market report include ZNEN MOTOR (China), PIAGGIO & C.SPA (Italy), TAIZHOU UGBEST EV CO., LTD (China), GOVECS AG (Germany), Greenwit Technologies (Canada), Gogoro Inc.(Taiwan), BOXX Corp. (US), Yamaha Motor Co. Ltd. (US), Terra Motors Corporation (Japan), Mahindra & Mahindra Ltd (India), Honda Motor Co., Ltd. (Japan), BMW AG (Germany), Jiangsu Xinri E-Vehicle Co., Ltd (SUNRA) (China), and Wuxi YADEA Export-Import Co. LTD. (China), among others. 

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Edibles.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

Contact:

Market Research Future

528, Amanora Chambers, Magarpatta Road, Hadapsar

Pune – 411028, Maharashtra, India

Email: sales@marketresearchfuture.com

Blog: https://www.mrfrblog.com/


Comments

Post a Comment

Popular posts from this blog

Green Tire Industry Size, Competitive Landscape, Growth Analysis and Forecast by 2030

  Green Tires Market Overview: Green tires market in terms of value is estimated to register  15% CAGR  during the forecast period. The global market report on the  Green Tire Industry   reveals a possibility of attaining a 20.63% CAGR during the forecast period of 2018 to 2023. The same period will witness a rise in volume by 22.57%. Market Research Future (MRFR) predicts the growth of this market after discussing several factors and dynamics that can transform the market outcome. Among these, reducing fuel consumption, curbing the carbon footprint, improving recyclability, a hike in research funding, participation from big companies, and others are expected to set the market for better prospects. Key Players: The Global Green Tire Industry is getting backing from companies like Bridgestone Corporation, Michelin, Continental AG, Hankook Tire, The Goodyear Tire Rubber Company, Cheng Shin Rubber Ind. Co. Lt. (Cheng Shin Tire), Pirelli C. S.p.A., Zhongce Rubber Group Co., Ltd
Read more

Automotive Timing Belt Market Review, Growth Factors, Key Companies, End users, Application and Forecast to 2030

  Automotive Timing Belt Market Overview The global  Automotive Timing Belt Market  can experience expansion across the review period, reveals Market Research Future (MRFR) studies. Different factors that can impact the automotive timing belt market are discussed in the report, along the COVID 19 analysis of the market. The rise in the application of automotive timing belt industries is expected to cause the market to thrive at a high CAGR in the analysis period and generate substantial annual turnover for the market across the study period. The rise of automotive industry can significantly impact the automotive timing belt market. The increase in the popularity of motor sports due to the high demand for diverse and high performing vehicles can support the rise of the automotive timing market across the analysis period. The growing need for fiber-reinforced materials can support the expansion of automotive timing belt market in the forecast period. The rapidly
Read more

Automotive Relay Market 2022 Size, Share, Growth Factors, Major Manufacturers, End Users and Forecast by 2030

  Automotive Relay Market Scenario The  Automotive Relay   Market  is powered by increased automobile safety, increased electronic part count, increased electric vehicle sales and the adoption of advanced technology. The different devices used to improve protection and give passengers in the vehicle comfort include the use of automotive relay. Therefore the rise in the demand for automotive relays is also attributed to the improved safety and comfort program. The increased use of automotive relay in these systems would contribute to more market growth over the forecast period. Transforming the car industry from traditional to electrification, has resulted in the augmented use of electronic components in the vehicles. This will result in increased demand for car relay in passenger and commercial vehicles, which will drive Automotive Relay Market over the forecast period. The increased use of automotive relay in these systems would contribute to more market growth over the forecast
Read more