E-Scooters Market Competitive Landscape By 2023

Global E-Scooters Market Research Report: Information By Battery Type (Sealed Lead Acid, Li-Ion, Ni-MH), by Technology (Plug-In, Battery Operated), by Voltage (36V, 24V, 48V, More than 48V), by E-Scooter Type, by Category, and Regions –Forecast till 2023

Market Scenario:

Electric scooters are plug-in or battery based electric vehicles that can be recharged from an external source of electricity. The electricity stored on board in a rechargeable battery can supply power to one or more electric motors for attaining locomotion. E-Scooters have lesser operating costs compared to the conventional ICE vehicles with performance intact. Also, these vehicles help save costs related to fuel, spark plug change, and oil filter replacements due to the simplistic design characteristics; result in low maintenance costs.

E-mobility has become an eco-friendly alternative with increasing pressure to reduce the carbon footprint across the globe. Factors such as increase in fuel costs and maintenance of fuel-powered vehicles are expected to have positive impact on the industry growth. With the declining battery costs, new government targets for the introduction of e-mobility, and decent growth in renewable sector, manufacturers are focusing on product development with technological advancements in place.

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In-Depth Regional Analysis

In terms of region, the e-scooters market has its reach across various areas of the globe. Some of the major regions where its presence is felt are North America, Europe, Asia Pacific and Rest of the World.

Asia Pacific is at the forefront of competition amongst these areas. The entire credit for this goes to the business that is being brought in by China. This country consists of a number of market biggies who keep launching innovative products. Getting access to raw materials and cheap labor is extremely easy in this area which further drives the growth of APAC.

Industry News

4 April, 2018 – The latest positive update for this market has come in from Brazil. A mobility startup named Yellow recently announced that they have accumulated close to USD 9 million to launch their new e-scooters range. The main purpose behind this is to enhance the circulation of urban traffic and reduce harmful greenhouse gas emissions. This announcement has been taken positively and the market has high hopes for this project.

Market Players & Key Strategies

Some of the most renowned and long-standing players of this market can be listed as Jiangsu Xinri Electric Vehicle Co. Ltd, Gogoro Inc., Alta Motors, Ampere Vehicles, Vmoto Limited and Govecs Group.

All of the stakeholders of this market keep updating themselves with the latest industry trends to stay ahead in the competitive arena. Apart from that they also employ certain growth strategies like the expansion of business, strategic alliances and investment in research and development activities.

The report for Global E-Scooters Market of Market Research Future covers extensive primary research. This is accompanied with detailed analysis of qualitative and quantitative aspects by various industry experts and key opinion leaders to gain deeper insights into the market and industry performance. The report gives a clear picture of the current market scenario, which includes the historical and forecasted market size, in terms of value and volume, technological advancement, macroeconomic, and governing factors of the market. The report provides comprehensive information about the strategies of the top companies in the industry, along with a broad study of the different market segments and regions.

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At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR) and Mar