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The report cites that the growing emphasis on sustainability and environmental consciousness is primarily driving the industry growth. As concerns about air pollution and carbon emissions continue to rise, individuals and governments alike are seeking greener transportation options. Electric kick scooters offer a practical solution, as they produce zero tailpipe emissions and consume less energy compared to automobiles.
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Electric Kick Scooter Market: Growth Potential & Forecast, 2032
Industry Insights The report cites that the growing emphasis on sustainability and environmental consciousness is primarily driving the industry growth. As concerns about air pollution and carbon emissions continue to rise, individuals and governments alike are seeking greener transportation options. Electric kick scooters offer a practical solution, as they produce zero tailpipe emissions and consume less energy compared to automobiles. Moreover, the increasing demand for efficient and convenient urban mobility solutions favor the product adoption. Electric kick scooters are compact and lightweight, making them ideal for navigating congested city streets and avoiding traffic jams. They provide an affordable & flexible alternative to public transportation, allowing riders to easily cover short distances without the need for parking or waiting for buses or trains.
Based on type, the electric kick scooter market is divided into off-road, foldable, three-wheel, all-terrain, and others. The all-terrain segment is expected to witness high demand in the coming years. All-terrain electric kick scooters have gained popularity among adventurers and outdoor enthusiasts looking for an exhilarating off-road experience. These rugged & robust scooters are specifically designed to tackle various terrains, including dirt trails, gravel paths, and uneven surfaces. Equipped with powerful motors, sturdy frames, and durable tires with excellent traction, all-terrain electric kick scooters offer enhanced stability and maneuverability in challenging environments. • In terms of battery, the electric kick scooter industry is segmented into Li-ion, sealed lead-acid (SLA), and others. The SLA battery segment will influence the market growth over 2023 and 2032, due to their affordability and reliability. SLA batteries provide a cost-effective power source for electric kick scooters, making them more accessible to a broader range of consumers.
Regional Analysis Asia Pacific electric kick scooter industry value will grow manifold by 2032. Factors such as dense urban population, increasing congestion, and a rising emphasis on eco-friendly transportation have contributed to the popularity of electric kick scooters in this region. Countries like China, Japan, and South Korea have seen a surge in product demand for its compact design, convenience, and affordability. • Competitive Analysis • Apollo Scooters, GOTRAX, iconBIT, Inokim Inc., Joyor, Kaabo Scooter, Levy Scooters, Micro Mobility Systems AG, NANROBOT, Niu International, Qiewa Electrics Scooter, Razor USA LLC, SEGWAY INC., and SWAGTRON.
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