Electric scooter are defined motorized bicycles propelled by human power or by a combination of human power and electric motor, capable of propelling the vehicle not more than 30 Mph on level ground. The vehicle consist of two wheels and a motor which triggers at a certain speed.
Increasing disposable income on the consumer end and government push to adopt environmentally safe solutions, these vehicles have witnessed significant growth rate in the recent years. For instance, the government of China has announced the subsidy of US$ 100-1000 on the purchase of electric or hybrid scooters.
In U.S. the administration is offering tax credits amounting to a maximum of US$ 7,500 over the purchase of battery for hybrid vehicles. However complex regulations regarding vehicle speed, consumer focusing over performance rather fuel efficiency are expected to inhibit the growth of the market.
These scooters offers high efficiency in comparison to conventional scooters at the expense of slightly reduced performance. Technological advancement have these scooters as a perfect commuting option without the hassle of traffic and crowded public transportation.
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The key players influencing the market are:
1. ECCITY Motocycles
2. Hero Eco (Hero Electric)
3. Gogoro Inc.
4. GOVECS GmbH
5. Vmoto Limited
6. Honda Motor Co. Ltd.
7. Terra Motors Corp.
8. Piaggio & C. SpA
9. BMW Motorrad
10. Jiangsu Xinri E-Vehicle Co., Ltd.
This report contains:
- Market sizing for the global Electric scooter market
- Compare major Electric scooter providers strategies and approaches to the challenges they face
- Analysis of the effects deglobalisation trends may have for Electric scooter providers
- Profiles of major Electric scooter providers
- 5-year CAGR forecasts for logistics-intensive vertical sectors
Electric Scooters Market aims to provide a 360-degree view of the market in terms of cutting-edge technology, key developments, drivers, restraints and future trends with impact analysis of these trends on the market for short-term, mid-term and long-term during the forecast period. Further, the report also covers key players profiling with detailed SWOT analysis, financial facts and key developments of products/service from the past three years.
Electric Scooters Market- Global Analysis to 2025 is an expert compiled study which provides a holistic view of the market covering current trends and future scope with respect to product/service, the report also covers competitive analysis to understand the presence of key vendors in the companies by analyzing their product/services, key financial facts, details SWOT analysis and key development in last three years. Further chapter such as industry landscape and competitive landscape provides the reader with recent company level insights covering mergers and acquisitions, joint ventures, collaborations, new product developments/strategies taking place across the ecosystem.
The chapters also evaluate the key vendors by mapping all the relevant products and services to exhibit the ranking/ position of top 5 key vendors.
Electric Scooters Market is a combination of qualitative as well as quantitative analysis which can be broken down into 40% and 60% respectively. Market estimation and forecasts are presented in the report for the overall global market from 2018 – 2025, considering 2018 as the base year and 2018 – 2025 forecast period.
Global estimation is further broken down by segments and geographies such as North America, Europe, Asia-Pacific, Middle East & Africa and South America covering major 16 countries across the mentioned regions. The qualitative contents for geographical analysis will cover market trends in each region and country which includes highlights of the key players operating in the respective region/country, PEST analysis of each region which includes political, economic, social and technological factors influencing the growth of the market.
This report provides a detailed study of market trends and forecast from 2018 to 2025, which assist to identify the prevailing market opportunities.
In-depth coverage of the global market that includes drivers, restraints, and opportunities, helps professionals to understand the market behavior in a better way.
This study further includes market share analysis in terms of type and applications.
Detailed study of the strategies of key leaders, partnerships, and acquisitions in the market is provided.
Porter’s Five Forces analysis examines the competitive structure of the market and assists strategists in better decision-making.
Reason To Access
Highlights key business priorities in order to assist companies to realign their business strategies
- Highlights Electric Scooters Market hereby allowing organizations to gain revenues by focusing majorly on select products
- The key findings and recommendations highlight crucial progressive industry trends in the Electric Scooters Market, thereby allowing players across the value chain to develop effective long term strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution
- Examine the current and future impact of the market and PEST analysis for regions such as North America, Europe, APAC, Middle-East & Africa and South America