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Global Electric Scooter Market Size

Electric Scooter Market size was valued at USD 30.18 billion in 2021 and is poised to grow from USD 33.18 billion in 2022 to USD 14.66 billion by 2030, growing at a CAGR of 9.9% in the forecast period (2023-2030).<br><br>

Swetachakraborty
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Global Electric Scooter Market Size

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  1. Global Electric Scooter Market Size, Share, Growth Analysis, By Battery Technology By Voltage By End use- Industry Forecast 2023-2030 Electric Scooter Market size was valued at USD 30.18 billion in 2021 and is poised to grow from USD 33.18 billion in 2022 to USD 14.66 billion by 2030, growing at a CAGR of 9.9% in the forecast period (2023-2030). Electric scooters are plug-in electric vehicles with two or three wheels. Power is supplied by a rechargeable battery which drives one or more electric motors. Electric scooters are distinguished from motorcycles by having a step-through frame, instead of being straddled. Electric bicycles are similar vehicles, distinguished by retaining the ability to be propelled by the rider pedalling in addition to battery propulsion. The increasing demand for fuel-efficient vehicles, coupled with growing concerns over greenhouse gas and carbon emissions, is anticipated to drive the adoption of electric scooters (e-scooters) during the forecast period. Increasing adoption of electric motorcycles and e-bikes for short commutes, rising environmental concerns, and increasing investments by ride-hailing companies in the micro mobility space are the major factors boosting

  2. growth of the market. Increasing efforts by OEMs to produce lightweight bikes and increasing trend towards connected e-Bikes provide opportunities for market players. Electric lightweight vehicles, such as electric motorcycles, electric bicycles, and e-kicks, offer a very convenient solution to the specific requirements of urban mobility. As micro- mobility has been picking up, players in the industry have come up with vehicle-sharing alternatives enabling people to avoid buying their micro-mobility vehicles. Commuters can now rent a vehicle through mobile applications. significant growth In 2020, Ola Electric Mobility, a division of Ola Cabs, planned to construct world's largest electric scooter factory near Bangalore, Karnataka, India. The company aims to produce 10 million vehicles annually. Two major

  3. factors driving the demand for electronic vehicles are that solar has become the cheapest form of power in human history, and lighter lithium-ion batteries have become massively cheaper. inventions have permitted manufacturers to become competitive. Cheap solar power funnels into the battery of the rechargeable vehicles and offers running costs that are lesser than those of fossil fuel engines. The maintenance cost lowered vastly by these engines is contributing to the industry growth. Electronic systems are more systematic and resistant when compared to mechanical models as there is less wear and tear due to friction. The result of this is that two-wheeler vehicles are more durable and are easy on the environment, accelerating the market growth These electric outstanding vehicle Global Electric Scooter Market Segmental Analysis Global electric scooter market has been segmented based on battery technology, voltage, end use, and region. On the basis of battery technology, global electric scooter market is segmented into sealed lead acid, lithium-ion, and lithium-ion polymer. Based on voltage, global electric scooter market is segmented into

  4. 24V, 36V, 48V, and more than 48V. Based on end use, global electric scooter market is segmented into government intuitions, academic institutes/universities, business organizations, micro mobility service providers, individuals, other. Based on region, the market is segmented into Asia Pacific, Europe, and North America, and MEA. View-more https://www.skyquestt.com/report/electric-scooter- market Top Players in the Global Electric Scooter Market •Hero Electric •BMW Motorrad International •Gogoro Inc. •Xiaomi Corporation •Vmoto Limited •Niu Technologies •Mahindra GenZe •Terra Motors Corporation •Honda Motor Co., Ltd. •Yadea Group Holdings Ltd.

  5. •Zero Motorcycles, Inc. •Askoll EVA Srl •Suzuki Motor Corporation •Etergo BV •Emflux Motors •Ather Energy Pvt. Ltd. •TVS Motor Company Ltd. •Bajaj Auto Ltd. •Energica Motor Company S.p.A. •Ola Electric Mobility Pvt. Ltd. About Us: SkyQuest Technology is leading growth consulting firm providing market intelligence, commercialization and technology services. It has 450+ happy clients globally. Address: 1 Apache Way, Westford, Massachusetts 01886

  6. Phone: USA (+1) 617-230-0741 Email: sales@skyquestt.com LinkedIn Facebook Twitter

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