Electric Scooter Market – Global Forecast to 2030
The global electric scooter market is projected to grow from USD 4.3 Billion in 2024 to USD 12.4 Billion by 2030, registering a CAGR of 18.9%.
世界の電動スクーター市場は、2024年の43億ドルから2030年までに124億ドルに成長し、18.9%のCAGRを記録すると予測されています。
The electric scooter market is experiencing rapid growth due to several key factors. Rising environmental concerns push consumers towards greener transportation options, while government incentives and subsidies make electric scooters more affordable and appealing. Advancements in battery technology extend the range and reduce charging times, enhancing overall convenience. Additionally, implementing battery-swapping technology offers quick and easy ways to recharge, addressing one of the major barriers to adoption. Finally, rapid urbanization is creating a demand for efficient and compact modes of transport, perfectly suited to electric scooters.
The report provides insights on the following pointers:
• Analysis of key drivers (Rising environmental concerns, Government incentives and subsidies, Advancements in battery technology, Implementation of battery swapping technology, Rapid urbanization), restraints (Low number of charging stations in emerging economies, Lack of power output and limited range, Battery heating issues and long charging time), opportunities (Government bodies backing electric two-wheelers, Decreasing prices of batteries, New revenue pockets in Asia Pacific and Europe, Use of IoT and smart infrastructure in electric two-wheeler charging stations for load management), and challenges (Initial investments and high cost of electricity, Lack of compatibility, interchangeability, and standardization, Technological barriers related to battery development)
• Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the electric scooter market
• Market Development: Comprehensive information about lucrative markets – the report analyses the electric scooter market across varied regions
• Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the electric scooter market
• Competitive Assessment: In-depth assessment of market shares, growth strategies and service offerings of leading players like Yadea Technology Group Co., Ltd. (China), Ola Electric (India), TVS Motor Company (India), Ather Energy (India), Gogoro (Taiwan) and among others in the electric scooter market.
• Strategies: The report also helps stakeholders understand the pulse of the automotive airbags & seatbelts market and provides them information on key market drivers, restraints, challenges, and opportunities