Global Electric Scooter Professional Market Insights, Players, Region, Type & Application Analysis 2018-2029

Length- 125 Pages | Published Date - 2023-05-27 | Report Id- 1920
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The report aims at estimating the market size and future growth potential of Electric Scooter market across different segments such as type, application and geography. The base year considered for the research is 2022, and the market size is forecast from 2023 to 2029.

This report aims to provide a comprehensive presentation of the global market for Electric Scooter, with and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Electric Scooter.

Within the research scope of this report, it shows that the global Electric Scooter market had a market size of about 1917.66 Million USD in 2022, growing at a CAGR of 18.44% during 2023-2029 to 6271.40 Million USD in 2029.

MARKET COMPETITIVE LANDSCAPE:
Major players in this market include Segway Ninebot, Razor, GOTRAX, RND, Zhejiang Lebu Electric Vehicle Co., Ltd, and etc.
---The combined market share of the Top 3 players in the global Electric Scooter market is about 77.57%.

REGION SHARE:
The report covers the market size information of major Regions/Countries around the world, including NA/United States, EU/Germany, APAC/China, LA/SA, MEA and etc.
---In the geographical distribution of Electric Scooter market in 2022, the United States has the largest market size and its market share is about 39.07%, followed by Europe and its market share is about 33.05%.

SEGMENT OVERVIEW:
This report conducts segment analysis on type and application level. Type segment includes Adult electric scooter, Electric scooter for children, etc. Application segment includes Sell online, Offline sales, etc.
---Adult electric scooter contributes approximately 86.97% share to the market in 2022.
---Sell online contributes approximately 55.00% share to the market in 2022.

The research methodology used to estimate and forecast the Electric Scooter market begins by capturing data on key market player revenues through secondary research. The bottom-up procedure has been employed to arrive at the overall market size, by considering the revenue of key players in the market. After arriving at the overall market size, the total market has been split into several segments and sub-segments, which has been verified through primary research by conducting extensive interviews with key people such as industry experts, executives. This data triangulation and market breakdown procedures have been employed to complete the overall market engineering process and arrive at the exact statistics for segments and sub-segments.

This report provides the integrated ecosystem of the Electric Scooter market which offers holistic view of current demand and vendor side market. The research study answers several significant questions, primarily which market segments to focus on in next two to five years to prioritize factors such as resource effort, and investment.

Key Target audience:
Electric Scooter Manufacturers and Suppliers
Research and Development (R&D) Companies
Business Research and Consulting Service Providers
Research Organizations
Academic Centers and Universities Associations and Industrial Bodies
Technology Investors

The electric scooter market has experienced significant growth and evolving trends in recent years. Here are some of the general trends observed in the electric scooter market:

Rising demand for eco-friendly transportation: With increasing concerns about environmental pollution and the need for sustainable transportation options, there is a growing demand for eco-friendly modes of transportation. Electric scooters, being powered by electric motors and emitting zero tailpipe emissions, are considered a clean and green alternative to conventional gasoline-powered scooters or cars. This trend is driving the adoption of electric scooters as a means of personal transportation in urban areas.

Urban mobility solutions: Electric scooters are well-suited for short-distance commuting and navigating congested urban areas. They provide a convenient and efficient mode of transportation, particularly for last-mile connectivity and short-distance trips. The compact size and maneuverability of electric scooters make them ideal for crowded city streets, where parking and traffic congestion are major challenges. This trend is fueled by the increasing urbanization and the need for efficient urban mobility solutions.

Shared electric scooter services: The rise of shared mobility services has had a significant impact on the electric scooter market. Shared electric scooter services, where users can rent electric scooters for short periods of time, have gained popularity in many cities worldwide. These services offer a convenient and affordable transportation option, often through smartphone apps, allowing users to unlock and ride electric scooters as needed. The shared electric scooter market has seen the entry of several companies, creating a competitive landscape in this segment.

Technological advancements: The electric scooter market is experiencing continuous technological advancements. This includes improvements in battery technology, allowing for longer range and shorter charging times. Electric scooters are also becoming more lightweight and compact, with enhanced design and features such as LED lighting, digital displays, regenerative braking systems, and connectivity options. Additionally, advancements in electric motor efficiency and power output are leading to improved performance and user experience.

Government support and regulations: Governments and regulatory bodies are increasingly recognizing the benefits of electric scooters in terms of reducing air pollution and congestion. This has led to supportive policies, incentives, and regulations to promote the adoption and use of electric scooters. In many cities, electric scooter companies are required to obtain permits and adhere to specific operational guidelines to ensure safety and proper management of shared scooter services. These regulations aim to strike a balance between promoting sustainable mobility and addressing concerns related to parking, pedestrian safety, and equitable access.

Market consolidation and partnerships: The electric scooter market has witnessed market consolidation through mergers, acquisitions, and partnerships. This consolidation aims to strengthen market positions, expand geographic reach, and leverage synergies among different players. Major ride-hailing and transportation companies have also entered the electric scooter market by integrating electric scooters into their existing mobility platforms or through partnerships with electric scooter companies.

Highlights-Regions
North America
Europe
China
Japan
Korea
Southeast Asia
India
South America
Middle East & Africa

Player list
Segway Ninebot
Razor
GOTRAX
RND
Zhejiang Lebu Electric Vehicle Co., Ltd
Next-Drive
Unagi
InMotion
Sealup
Micro
E-TWOW
Inokim
Others

Types list
Adult electric scooter
Electric scooter for children

Application list
Sell online
Offline sales

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Global Electric Scooter Professional Market Insights, Players, Region, Type & Application Analysis 2018-2029

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