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Sagar Kadam

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E-Scooters Market Growth, Analysis And Demand With Forecast To 2023
E-Scooters Market Growth, Analysis And Demand With Forecast To 2023, 9/16/2020 - Overview

Improvements in Li-ion batteries have made e-scooters, light in weight and increased their lifespan as compared to lead-acid and valve-regulated lead-acid (VRLA) batteries. The development of newer battery technologies with a longer life is resulting in continuous research & development, which would boost the E-Scooters Market Growth,.


For a better understanding of the report, the market is segmented into six key dynamics:

By Battery Type : Sealed Lead Acid, Li-Ion, and Ni-MH, among others.

By Technology : Plug-in and Battery Operated.

By Voltage : 36V, 24V, 48V, and More than 48V

By E-Scooter Type : Retro, Standing/Self-balancing, and Folding.

By Category : L1e (light two-wheel powered vehicle) and L3e (two-wheeler motorcycle).

By Regions : Asia Pacific, North America, Europe, and Rest-of-the-World.

Regional Analysis

North America dominates the global E-Scooters Market Growth owing to the presence of various key manufacturers and rapid adoption of these vehicles, especially in the US. Growing demand for sustainable, compact motors with low operating cost and the large production units of e-bikes foster the growth of the market in the region. Continuously rising demand for traveling convenience over short distances and steadily dropping prices of batteries used in the e-scooters are fostering the growth of the E-Scooters Market Growth, in the region, drawing consumer's attraction towards electric mobility.

The Asia Pacific E-Scooters Market Growth, has rapidly emerged as another lucrative market globally. Developing countries such as Japan, China, India, and other Asian countries such as Taiwan, Singapore, and others have a large number of two-wheeler users. Moreover, the growth in vehicle charging infrastructures in emerging countries such as China and Taiwan are increasing the size of the market.

Competitive Landscape

Key players focus on product innovation and new manufacturing processes. This would result in intensifying the competition in the market. High growth potential demonstrated by the market attracts several new entrants; even this is anticipated to augment the already competitive nature of the market.

Major Players

Players leading the global E-Scooters Market Growth, include Vmoto Limited (Australia), Gogoro Inc. (Taiwan), Terra Motors Corporation (Japan), Amego Electric Vehicles Inc. (Canada), Jiangsu Xinri Electric Vehicle Co. Ltd. (China), NYCeWheels (US), Ampere Vehicles Pvt. Ltd. (India), GOVECS GmbH (Germany), Hero Electric Vehicles Pvt. Ltd. (India), Kumpan Electric (Germany), Mahindra GenZe (US), Ather Energy (India), and Torrot Group (Spain), among others.

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