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market-insider · 7 months

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Global Electric Scooters Market and Its Growth Trajectory

The global electric scooters market size is expected to reach USD 78.65 billion by 2030, registering a CAGR of 9.9% from 2023 to 2030, according to a study conducted by Grand View Research, Inc. Increasing demand for the air combating, fuel-economic high-performance vehicles is expected to fuel the growth of the industry. In addition, a growing number of government initiatives to increase the adoption of EVs, automobile manufacturers’ investment in the development of battery charging infrastructure, and rising disposable income in developing nations are expected to drive the growth further. Moreover, the ease of maneuverability and extensive driving agility of e-scooters are expected to boost their demand.

Electric Scooters Market Report Highlights

The personal end-use segment is expected to register the fastest growth rate from 2023 to 2030. This growth can be attributed to significant demand for e-scooters

Based on battery, the lithium-ion segment dominated the industry in 2022 due to benefits, such as low cost and robustness

Asia Pacific is expected to be the largest as well as the fastest-growing regional market during the forecast period

This is owing to significant investments in vehicle charging infrastructure and government subsidies for battery-powered scooters

For More Details or Sample Copy please visit link @: Electric Scooters Market Report

Key players are focusing on improving quality, enhancing performance, comfort, and safety, and lowering the cost of maintenance. In addition, prominent players are undertaking strategic steps to expand their customer base in the international market. They are focusing on launching a range of e-scooters. For instance, Gogoro, Inc., and KYMCO expanded their reach in other regions to capture the benefit of the untapped market. Furthermore, prominent players, such as GenZe by Mahindra, YAMAHA Motor Pvt. Ltd., Vässla Electric Scooters., and PURE EV, have invested in installing charging systems across various countries and are offering swappable battery systems in their e-scooter variants.

The Asia Pacific region is expected to witness the fastest CAGR over the forecast period due to increasing government focus on replacing the existing fleet with EVs in developing economies, such as China, India, and ASEAN countries. Moreover, government and e-scooter manufacturers are investing in developing the public charging infrastructure, which will encourage consumers to shift to e-scooters over their counterparts. The governments in European countries have been providing subsidies to drive the sales of battery-powered two-wheelers. These initiatives are anticipated to become more robust with increasing gasoline prices.

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bizworldinsights · 7 months

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Electric Scooters and Motorcycles

The global Electric Scooters and Motorcycles market is poised for significant growth, with an estimated value of USD 20 billion in 2019, projected to achieve a CAGR of 8.5% during the forecast period, creating lucrative opportunities for industry players.

To read more about the topic please visit site : https://bekryl.com/industry-trends/electric-scooters-and-motorcycles-market-size-analysis

Key Insights:

Market Dynamics:

The market is propelled by sustainable growth initiatives undertaken by governments globally, driven by depleting oil reserves and the development of alternative solutions.

Developing regions in Asia Pacific and Latin America showcase strong market presence, with China being a major hub for sales. Recent industry developments include increased dealerships, adoption of online sales channels, and technological enhancements.

The market is expected to witness consolidation by 2025.

Drivers and Challenges:

The electric scooters and motorcycles market is primarily driven by the presence of Original Equipment Manufacturers (OEMs) and government initiatives toward sustainable growth.

The increase in disposable income among the working class is fostering demand for electric two-wheelers, with awareness playing a pivotal role in market development.

The industry currently accounts for over 2.5% of total two-wheelers on the road, projected to reach 8% by 2023.

Market Growth Factors:

Interest from large-scale manufacturers, a 65% decline in battery costs, and a surge in the number of dealerships are contributing to a favorable market landscape.

Major players like Harley Davidson and Yamaha are expanding their product offerings into the electric scooters and motorcycles segment.

A total of 129 million units are anticipated to be on the road by 2028.

Vehicle Types:

Electric scooters are expected to continue dominating the market, with motorcycles projected to register the fastest Compound Annual Growth Rate (CAGR) during the forecast period.

Battery Types:

Lithium-ion batteries will maintain dominance due to their lightweight nature and high power efficiency. Advancements in lithium-ion technology are expected to further increase their market share.

Regional Analysis:

Asia Pacific is set to dominate the global market, with China and India as key players. In 2018, Asia Pacific and Western Europe accounted for over 89% of total sales.

China leads in both sales and production capacity, with market consolidation efforts by companies like Niu, utilizing big data and the Internet of Things (IoT) for smart e-scooters.

India is experiencing market consolidation, with the top three players holding over 80% market share.

Competition Landscape:

Key players in the Electric Scooters and Motorcycles market include Yadea, Aima, Zhejiang Luyuan, Niu, Amego Electric, Alta Motors, Energica Motor Company, BMW, Govecs Group, Honda Motors, KTM, Mahindra GenZe, Sunra, Suzuki Motors Corporation, Terra Motors Group, Victory Motorcycles, Yamaha Motors, Zero Motorcycle, Z Electric Vehicle, and Shandong Incalcu Electric Vehicle.

Industry Segmentation:

Vehicle Type:

Electric Scooters

Electric Motorcycles

Battery Type:

Lithium Ion

Ni-MH

Sealed Lead Acid (SLA)

Technology:

Plug In

Extended Battery

Voltage:

24 V

36 V

48 V

The global Electric Scooters and Motorcycles market is poised for dynamic growth, driven by technological advancements, government initiatives, and the increasing adoption of sustainable transportation solutions.

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sufferfly1 · 9 months

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Electric scooter Market : A Comprehensive Overview of the Industry's Players and Trends

“According to the research report published by Polaris Market Research, the global electric scooter market was valued at USD 20.87 million in 2021 and is expected to reach USD 50.99 billion by 2030, to grow at a CAGR of 11.2% during the forecast period.” Polaris Market Research has unveiled an updated report on Electric Scooter Market: By Size, Latest Trends, Share, Huge Growth, Segments, Analysis and Forecast, 2032, that provides a thorough analysis of the market status with the best facts and figures, definitions, applications, and the latest developments across the globe. The report assesses the industry structure based on Electric Scooter Market size, segments, source, distribution channel, and major regions. It scrutinizes the latest trends in the industry and studies their impact on the overall market environment. The market has evolved swiftly in recent years and has made a remarkable contribution to global finances in terms of growth rate, Electric Scooter Market share, and revenue generation.

Get Sample PDF with Report Insight @ https://www.polarismarketresearch.com/industry-analysis/electric-scooter-market/request-for-sample

Key Market Dynamics This analytical study report provides information on significant aspects of the market, such as dynamics, key demand and price, technology trends, and detailed profiles of key players, industry revenue, and regional segments analyzing the Electric Scooter Market based on SWOT and Porter's Five Forces models. Details of segment markets by type, application, and region have been covered in this report, with historical data presented in metrics of sales volume, revenue, and growth rate.

Key Offerings:

Industry Dynamics

Electric Scooter Market Segmentation

Market Size in terms of Value and Volume: Current, Historical, and Projected Data

Industrial Trends and Developments

Competitive Landscape

Opportunities in the market

Strategies and Products offerings of Major Players

Strategic Recommendations for the new entrants

Production and Consumption Analysis by Regions

Growth Prospects with Revenue Estimations

Main Findings and Insights

The next section gives a detailed description of the key drivers, restraints, growth opportunities, challenges, and risks in the market. Further, the development status and future Electric Scooter Market trends are tracked in the report. The supply chain and cost analysis in the report are both explained in-depth. Through technological innovation and advancement, the product's performance will be further optimized, expanding its use in downstream applications. Additionally, readers will find market dynamics and consumer behavior studies as essential data for understanding the market. Top Key Players:

AllCell Technologies

LLC

BMW Motorrad International

Brammo Inc.

Green Energy Motors Corp.

Honda Motor Co. Ltd

Jiangsu Xinri E-Vehicle Co. Ltd.

KTM AG Peugeot Scooters

Mahindra GenZe

Suzuki Motor Corporation

Terra Motors Corporation

Yamaha Motor Company Limited

Electric Scooter Market key players are presented along with their expansion plans, share, strategies, and business overview. In addition to this, their company profiles, sales figures, profit margins, and product and service portfolios are evaluated in the report. The chapter sheds light on the business expansion strategies employed by these players, such as mergers and acquisitions, product launches, collaborations, M&A, contracts, partnerships, and joint ventures.

Inquire your Questions If any Before Purchasing this Report @ https://www.polarismarketresearch.com/industry-analysis/electric-scooter-market/inquire-before-buying

How Will This Report Help you?

The report delivers extensive analysis in the form of figures, tables, charts, and graphs combined with an in-depth study of current and future Electric Scooter Market prospects. It further allows readers to comprehend the competitive regional pattern by comparing the sales volume and revenue of the world's key regions. Import volume and export volume are evaluated on a regional level. Key statistical insights are presented in a straightforward manner that will users grasp the market's development patterns, crucial factors, and other loopholes which are expected to affect the market expansion.

Key Regions Covered By Report:

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and the Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and the rest of South America)

The Middle East and Africa (Saudi Arabia, United Arab Emirates, Egypt, South Africa, and the Rest of the Middle East and Africa)

The entire market industrial chain is examined in the research, from the important upstream raw materials and their suppliers to the midstream distributors and downstream customers, while taking the effects of global inflation into account. Finally, it predicts the market's future trends from the perspectives of various types, uses, and significant geographical areas. This study is a trustworthy source for market research that will greatly accelerate the growth of your business and increase its presence in the Electric Scooter Market. Browse Additional Details on "Electric Scooter Market" @ https://www.polarismarketresearch.com/industry-analysis/electric-scooter-market

Reasons to Purchase This Report

This research includes a thorough worldwide and regional analysis of the market.

It gives thorough coverage of every sector of the market in order to assess prospective trends, growth plans, and industry size projections.

The firm profiles of each industry player examine the industry portfolio, sales income, SWOT analysis, and current advancements.

Comprehension of the market's drivers, restrictions, and key small markets.

Analysis of collaboration and authorizing transaction trends can be used to identify commercial prospects in the market sales scenario.

The research analyzes how specific industry structures, ideas, or technological advancements may help with player promotion.

About Us

Polaris Market Research is a worldwide market research and consulting organization. We give unmatched nature of offering to our customers present all around the globe across industry verticals. Polaris Market Research has expertise in giving deep-dive market insight along with market intelligence to our customers spread crosswise over various undertakings. We at Polaris are obliged to serve our different client base present over the enterprises of medicinal services, healthcare, innovation, next-gen technologies, semiconductors, chemicals, automotive, and aerospace & defense, among different ventures, present globally.

Polaris Market Research

Email: [email protected]

Ph: +1-929 297-9727

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researchvishal · 1 year

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Electric Scooters Market Future Scenario, Key Insights, Top Companies 2032

The global electric scooters market share is valued at US$ 9.59 billion as of 2022. The market is expected to grow at a CAGR of 9% during the forecast period, and by 2032, the market is expected to reach an estimated US$ 22.7 billion.

Key Takeaways:

China electric scooters market is expected to hold a market share of nearly 80% in the Asia Pacific region during the forecast period.

China is also expected to be one of the fastest-growing markets during the forecast period.

Based on the product type, the maxi electric scooters are expected to have the highest share in the electric scooters market. Based on the battery type, the lead-based battery type is expected to have the highest electric scooters market share during the period 2022-2032.

Based on the technology, battery technology is expected to have the highest market share during the forecast period.

For more details: https://www.futuremarketinsights.com/reports/electric-scooters-market

Competitive Landscape:

The key players are currently investing in strategic partnerships. The reason is that they want to implement the state-of-the-art technology that has been developed by players from other industries like the semiconductor sector, electronics sector, etc. This would certainly enable them to leverage the technology in the electric scooters and assist them in delivering a seamless user experience.

Some of the recent developments in the electric scooters market are:

In July 2022, Ather announced that it planned to boost electric scooters production tenfold.

In September 2022, Yamaha opened ‘Blue Square’ premium outlet in Bhubaneswar. The outlet would offer engaging customer experience, and showcase Yamaha’s entire range of two wheelers, apparels and accessories.

Rising fuel prices, coupled with an increasing demand for fuel-efficient vehicles, are expected to drive the demand for e-scooters during the forecast period. Apart from that, government agencies across the world are taking steps to combat pollution because of rapid urbanization. Consequently, people have started adopting these electric two wheelers because of the extremely low emissions associated with their usage, which is further expected to surge the electric scooters market growth.

Not only that, these mobility devices are effective in handling noise pollution as well. The noise that is generated during the application of electric scooter is much less as compared to fuel-based scooters. This might as well surge the sales of electric scooters during the forecast period. Moreover, some of the huge ridesharing companies are offering affordable mobility scooters, like Ola electric scooters, which are a breather, especially for office goers. Apart from that, millennials are showing a lot of interest in purchasing electric scooters because of their stylish features, which include lightweight, low storage space, and unique appearance.

Request Sample Report: https://www.futuremarketinsights.com/reports/sample/rep-gb-2705

However, insufficient charging stations pose a concern over the growth of the electric scooter market. But, with the anticipated increase in the adoption of these electric scooters, it is expected that the problem related to insufficient charge stations would soon be addressed, and we might get to see a lot more charging stations in the future.

Thus, from the insights provided by FMI analysts, it can be inferred that “an increase in the fuel price, coupled with increased initiatives from ruling authorities to curb air pollution, is expected to surge the growth of electric scooters market during the forecast period.”

Key Companies Profiled

Alta Motors, Ather Energy, BMW Motorrad International, Cezeta, Energica Motor Company, Hero Eco, Johammer e-mobility GmbH, KTM AG, Mahindra GenZe, Ninebot Limited, Okinawa Autotech Pvt. Ltd, ReVolt Electric Motorbikes, Xiaomi, Yamaha Motor Company Limited.

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sanemyamen · 2 years

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Electric Motorcycles & Scooters Market to Observe Strong Growth to Generate Massive Revenue in Coming Years

Latest added Electric Motorcycles & Scooters Market research study by AMA Research offers detailed outlook and elaborates market review till 2027. The market Study is segmented by key regions that are accelerating the marketization. At present, the market players are strategizing and overcoming challenges of current scenario; some of the key players in the study are Alta Motors (United States),Energica Motor Company S.p.A. (Italy),Hero Electric Vehicles Pvt. Ltd. (India),Honda Motor Company (Japan),Yadea Technology Group Co. Ltd. (China),BMW AG (Germany),Zero Motorcycles Inc. (United States),GOVECS Group (Germany),Mahindra GenZe (India),Vmoto Limited (Australia) etc.

The electric motorcycles and scooters are powered by rechargeable batteries instead of fuel. Most of the electric motorcycles and scooters use lithium-ion batteries. The lithium-ion batteries used in electric vehicles have a higher energy density, longer life span and higher power density than most other batteries. In electric motorcycles, approximately 90% of the energy from the battery is converted to mechanical energy. These vehicles are charge from conventional power outlets or dedicated charging stations and it typically takes hours to charge. In the larger cities in the United Kingdom and Europe, owners of the vehicle can plug in their vehicles at work and leave them for a charge.

Influencing Trend: Rising Demand for Eco-friendly Vehicles

Increased Promotional Activities by the Manufacturers

Challenges: Lack of Infrastructure for Battery Charging

Need To Increase Battery Life and Performance

Opportunities: Growing Demand for Electric Motorcycles and Scooters from Developing Countries like India

Increasing Adoption of Electric Vehicles

Market Growth Drivers: Increasing Awareness about Environmental Concerns among People

Government Incentives for Adoption of Electric Vehicles

Increased Disposable Income of the People in Developing Countries

The Global Electric Motorcycles & Scooters segments and Market Data Break Down by Type (Scooter, Motorcycle), Power Source (Charging, Battery Swapping, Hybrid, Fuel Cell), Battery (Lithium Ion, Lithium, Lithium Phosphate, Lithium Ion Phosphate, Lead Acid, Nickel Metal Hydride), Voltage (36 V, 48 V, 60 V, Others)

Presented By

AMA Research & Media LLP

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todaynewsadda · 4 years

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Mahindra GenZe Electric Two-Wheeler Business To Be Shut Down - carandbike

Mahindra GenZe Electric Two-Wheeler Business To Be Shut Down – carandbike

[ad_1]

The US-based wholly owned subsidiary involved in manufacturing electric bikes and scooters will be shut down in six months.

| Updated: 24 minutes ago

View Photos

Mahindra to shut down…

View On WordPress

#auto news #auto-brand-mahindra #mahindra #mahindra genze #mahindra genze electric scooter #news

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newsbulletin · 3 years

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Electric Scooter Market Size, Business opportunity, Growth Analysis 2026

New York, NY 06 May 2021: The global Electric Scooter market size is expected to reach USD 17,630 million in 2017 and is anticipated to grow at a CAGR of 12.8% during the forecast period according to a new study by Polaris Market Research. The report “Electric Scooter Market [By Type (Plug-in, Battery-based) By Product (Retro, Self-balancing, Folding); By Battery Type (Lead-acid, Li-ion, NiMH, Others); By Voltage (24V, 36V, 48V, Others); By Region]: Market Size & Forecast, 2018 – 2026” gives a detailed insight into current market dynamics and provides analysis on future market growth.

Request For Sample Copy @ https://www.polarismarketresearch.com/industry-analysis/electric-scooter-market/request-for-sample

Asia-Pacific generated the highest revenue in the market in 2017, and is expected to lead the global market throughout the forecast period. The increasing disposable incomes in developing countries of this region, and rising environmental concerns drive the market growth in the region. The increasing population of vehicles and adoption of vehicular emission standards of the U.S. and European Union by Asia-Pacific countries further promotes the adoption of electric scooters. Development of public charging infrastructure further supplements growth in the region. Local players are introducing low cost electric scooters with high performance. Numerous key players have adopted partnership and expansion strategies to increase their market share in electric scooter markets of the Asia-Pacific region.

Market Key Players such as Honda Motor Co. Ltd., Brammo, Inc., AllCell Technologies, LLC, Mahindra GenZe, Terra Motors Corporation, Yamaha Motor Company Limited, Suzuki Motor Corporation, KTM AG, Peugeot Scooters, Jiangsu Xinri E-Vehicle Co. Ltd., Green Energy Motors Corp., and BMW Motorrad International among others. These companies launch new products and collaborate with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.

To get Incredible Discounts on this Premium Report, Click At : https://www.polarismarketresearch.com/industry-analysis/electric-scooter-market/request-for-discount-pricing

The different battery types used in electric scooters include lead-acid, li-ion, NiMH, and others. In 2017, the lead-acid segment accounted for the highest market share. Lead-acid batteries are commonly used as a source of battery in electric scooters. They are comparatively cheaper than other batteries but offer low kilowatt-hours of energy storage per kilogram of weight. These batteries are inexpensive, reliable, and safe. However, these batteries offer low specific energy, short life cycle, and poor cold-temperature performance, which restrict its use in major applications. These batteries could be easily replaced by lithium-ion batteries in the coming years, however, automakers use it in vehicles owing to its low cost.

About Polaris Market Research

Polaris Market Research

Phone: 1–646–568–9980

Email: [email protected]

Web: http://www.polarismarketresearch.com

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severepeanutperfection · 2 years

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Electric Scooters Market Key Opportunity, Analysis, Growth, Trends 2032

The global electric scooters market is anticipated to grow at a CAGR of 9% during the forecast period. In 2021, the market valuation was US$ 8.8 billion. However, in 2022, the valuation jumped to US$ 9.59 billion, and by 2032, the market is expected to have a valuation of US$ 22.70 billion.

The electric scooters are believed to be one of the easiest modes of commutation. Therefore, they are being increasingly used by ridesharing companies. Moreover, the charges associated with the usage are also nominal.

Electric scooters are also popular amongst the investors, as they do not produce much noise while plying on roads, and this is something which the authorities across the world look out for. Additionally, they also do not emit greenhouse gases. Because of this reason, the governments and other governing authorities across the globe are putting huge amounts of money to promote the manufacturing of electric scooters. This is expected to increase the sales of electric scooters during the forecast period.

Moreover, the maintenance cost associated with electric scooters is much less as compared to conventional scooters or bikes. This as well might boost the electric scooters market during the forecast period.

It is a global news that the fuel prices at rising at a rate like never before. This presents a huge opportunity to the electric scooters and undoubtedly, the market is making the best use of this. As the name suggests, the electric scooters are operated using electricity.

Additionally, more and more players, be it local or global are entering into the electric scooters market because of the benefits associated. This might as well surge the demand for electric scooters.

Furthermore, rapid urbanisation is also one of the reasons which is fuelling the growth of electric scooters market. The reason being, because of construction and related activities, the pollution level tends to increase. To contain the rising pollution, the authorities encourage the usage of electric scooters.

Thus, the FMI researchers are of the view that rapid urbanisation, low cost of commutation and a number of factors are expected to drive the electric scooters market during the forecast period.

Key Takeaways:

The electric scooters market had a value of US$ 8.8 billion in2021. The electric scooters market has a valuation of US$ 9.59 billion as on 2022. The electric scooters market is expected to be valued at US$ 22.70 billion by 2032. The market is projected to grow at a CAGR of 9% during the forecast period. Based on the battery type, Li-ion is expected to have the largest market share during the forecast period. Based on the product type, maxi electric scooters are projected to have the highest market share during the forecast period. Based on the technology, the battery technology is anticipated to be the most preferred during the forecast period. Asia Pacific is expected to be the largest market throughout the forecast period. USA market expected to grow at a CAGR of 8.4% during 2022-2032. UK electric scooters market projected to grow at a CAGR of 8.8% during the forecast period. China projected to be the largest market. India market expected to grow at a good rate.

Competitive Landscape

With a lot of buzz generating around the electric scooters market, the key players are taking the necessary steps to develop consumer oriented electric scooters, like employing GPS in the electric scooters.

Some of the recent developments are:

In July 2022, Ather Energy appointed Sanjeev Kumar Singh as the new Vice President of manufacturing and Harendra Saksena as the Chief Procurement Officer. In September 2022, Tech Mahindra and Tada Cognitive Solutions partnered to digitally transform the supply chain networks for enterprises in the US.

Key Companies Profiled

Alta Motors Ather Energy Bajaj Auto BMW Motorrad International Cezeta Energica Motor Company Evoke Motorcycles Hero Eco Johammer e-mobility GmbH KTM AG Mahindra GenZe Ninebot Limited Okinawa Autotech Pvt. Ltd. Piaggio & C. SpA ReVolt Electric Motorbikes Xiaomi Yamaha Motor Company Limited.

For More Info@ https://www.futuremarketinsights.com/reports/electric-scooters-market

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adityarana1687-blog · 3 years

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Electric Scooters Market Estimated To Value $34.7 Billion By 2028

The global electric scooters market size is expected to reach USD 34.7 billion by 2028, expanding at a CAGR of 7.6% from 2021 to 2028, according to a study conducted by Grand View Research, Inc. Increasing adoption of electric scooters(e-scooters) among the young population, the rising purchasing power of the middle-class community in developing countries, and rapid urbanization are expected to significantly drive product demand across the globe. Electric scooters offer affordable last-mile transportation as compared to on-demand transportation. Agility and ease of maneuver in densely populated areas with high traffic congestion are additional advantages these vehicles offer, which is expected to fuel market growth.

Consumer satisfaction is another essential factor for vendors trying to retain existing customers or looking to expand their customer base. It can be measured using various parameters such as durability, maintenance expense, performance, comfort and safety, and operating cost. Vendors are trying to focus on two critical factors to attract customers: design/style and specifications. In May 2019, Pure EV launched two electric scooters for the Indian market, EPLUTO, and ETRANCE, with a long range of 120kms per charge. The ETRANCE scooter has a ground to handle the height of about 3.5ft and weighs around 47kgs. These specifications were specifically designed with the women population in the country.

The year 2018 witnessed the introduction of various battery-operated two-wheelers, for instance, Vespa Electrica by Piaggio & C. SPA. The following year was highly promising for most electric scooter vendors owing to the various strategies adopted by them to expand their fleet to international markets. Besides this, well-established two-wheeler companies launched their electric scooters and invested in the installation of charging systems and infrastructure across various countries. For instance, Gogoro, Inc., and KYMCO expanded their reach in other regions to capture the benefit of the untapped market. GenZe By Mahindra, YAMAHA Motor Pvt. Ltd., VÄSSLA ELECTRIC SCOOTERS., and PURE EV are among other players that integrated swappable battery systems in their electric scooter variants. Moreover, the governments in several Asian and European countries have been offering subsidies to drive the sale of battery-powered two-wheelers. These initiatives are anticipated to become more robust with increasing gasoline prices.

The Asia Pacific dominated the global market in 2020 and is predicted to continue its dominance over the forecast period. The growth is accredited to the presence of an increasing number of e-scooter manufacturers and rising vehicle charging infrastructural investments in countries such as Taiwan, India, and China. In 2020, China acquired over 84% of the revenue in the Asia Pacific market. North America is poised to grow at a considerable pace from 2021 to 2028. The growth in the region is owing to the faster adoption of electric vehicles in the U.S. as an alternative to traditional fuel transportation.

Request a free sample copy or view report summary: Electric Scooters Market Report

Electric Scooters Market Report Highlights

By product, the retro segment is expected to dominate the e-scooters market owing to significant demand for the same among the youth and elderly population

Based on battery, the sealed lead acid segment dominated the market with more than 60% revenue share in 2020 due to benefits such as low cost, and robustness. However, the share is anticipated to decline swiftly owing to a significant rise in demand for Li-Ion batteries

The Asia Pacific is expected to be the largest regional market over the forecast period owing to significant investments in vehicle charging infrastructure and government subsidies for battery-powered scooters

Prominent industry participants include Gogoro, Inc.; Mahindra GenZe; Gogoro, Inc.; Jiangsu Xinri E-vehicle Co. Ltd.; and Hero Electric

Electric Scooters Market Segmentation

Grand View Research has segmented the global electric scooters market based on the product, battery, voltage, and region:

Electric Scooters Product Outlook (Revenue, USD Million, 2018 - 2028)

Retro

Standing/Self-Balancing

Folding

Electric Scooters Battery Outlook (Revenue, USD Million, 2018 - 2028)

Sealed Lead Acid

NiMH

Li-Ion

Electric Scooters Voltage Outlook (Revenue, USD Million, 2018 - 2028)

24V

36V

48V

Greater than 48V

Electric Scooters Regional Outlook (Revenue, USD Million, 2018 - 2028)

North America

Europe

Asia Pacific

Latin America

Middle East & Africa

U.S.

Canada

U.K.

Germany

France

China

Japan

India

Brazil

Mexico

List of Key Players of the Electric Scooters Market

Mahindra GenZe

BMW Motorrad International

Vmoto Limited

Terra Motors Corporation

Gogoro Inc.

Jiangsu Xinri Electric Vehicle Co. Ltd.

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

#Electric Scooters Market

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urbtnews · 5 days

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Electric Two-Wheeler Market Size is Expected to Reach USD 109.5 Billion By 2032 | CAGR: 11.5%

Electric Two-Wheeler Market Size is Expected to Reach USD 109.5 Billion By 2032 | CAGR: 11.5% Stay Trendy with URBTNews.com (Subscribe Today Free!) SHERIDAN, WY, UNITED STATES, September 17, 2024 /EINPresswire.com/ -- IMARC Group's report titled "Electric Two-Wheeler Market Report" details various aspects of the electric two-wheeler market dynamics. The report categorizes data by vehicle type, battery type, voltage type, peak power, battery technology, motor placement, and region for the period from 2024 to 2032. The electric two-wheeler market attained a size of US$ 39.9 billion in 2023 and is projected to grow to US$ 109.5 billion by 2032, showcasing an impressive 11.5% CAGR during the forecast period. For an in-depth analysis, interested individuals can obtain a sample report here: https://www.imarcgroup.com/electric-two-wheeler-market/requestsample Key Factors Driving Electric Two-Wheeler Market Growth Increased awareness of environmental issues significantly impacts demand for electric two-wheelers. Growing concern about climate change, especially regarding carbon emissions, motivates individuals and policymakers to adopt greener options. Traditional gasoline vehicles notably contribute to air pollution, leading to a search for cleaner alternatives, such as electric two-wheelers, which produce zero tailpipe emissions. As urban centers experience worsening air quality, the shift towards electric mobility accelerates. Consequently, manufacturers invest in electric two-wheeler technologies to meet rising consumer expectations. Technological Innovations Impacting Electric Two-Wheelers Recent advancements in lithium-ion battery technology revolutionize the electric vehicle market by offering superior range, swift charging capabilities, and enhanced performance. Manufacturers address critical barriers to electric vehicle adoption, such as range anxiety and time-consuming charging durations. Continuous research and development initiatives lead to more efficient and cost-effective battery solutions, further improving electric two-wheeler attractiveness. Additionally, innovations in electric motors, regenerative braking systems, and lightweight materials contribute to overall vehicle enhancement, promoting wider market acceptance. Impact of Fuel Prices on Electric Two-Wheeler Adoption Rising gasoline prices significantly influence consumers' transportation preferences, pushing them towards electric two-wheelers. With increasing fuel costs, electric two-wheelers emerge as more cost-effective options. They feature lower operating costs due to the lower price of electricity compared to gasoline, along with reduced maintenance expenses. Over time, these financial benefits become even more attractive for daily commuting and local travel. In regions with high or volatile fuel prices, the cost savings associated with electric two-wheelers amplify. Prominent Players in the Electric Two-Wheeler Market Several leading companies operate within the global electric two-wheeler industry, including: - AIMA Technology Co. Ltd. - Ampere Vehicles Pvt. Ltd. - BMW AG - Energica Motor Company S.p.A. - GOVECS AG - Hero Electric Vehicles Pvt. Ltd. - Mahindra GenZe - Terra Motors Corporation - Vmoto Limited - Yadea Technology Group Co. Ltd. - Zero Motorcycles, Inc. For further inquiries, you can request a sample report directly through this link: https://www.imarcgroup.com/request?type=report&id=2215&flag=C Market Segmentation of Electric Two-Wheelers The electric two-wheeler market undergoes segmentation based on several factors, including: - Vehicle Type: Electric Scooter/Moped, Electric Motorcycle - Battery Type: Lithium-Ion, Sealed Lead Acid (SLA) - Voltage Type: 96V - Peak Power: 10 kW - Battery Technology: Removable, Non-Removable - Motor Placement: Hub Type, Chassis Mounted Regional Analysis of the Electric Two-Wheeler Market The electric two-wheeler market spreads across various regions, including: - North America (United States, Canada) - Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, others) - Europe (Germany, France, United Kingdom, Italy, Spain, Russia, others) - Latin America (Brazil, Mexico, others) - Middle East and Africa Each region displays unique trends and growth opportunities that manufacturers analyze for strategic decision-making. Emerging Trends in the Global Electric Two-Wheeler Market Governments across various nations implement incentives and policies to boost electric vehicle adoption. These measures include subsidies, tax reductions, and rebates for purchasing electric two-wheelers, which enhance affordability for consumers. Furthermore, regulatory bodies establish stricter emission standards, promoting the development of electric alternatives. Investments in necessary infrastructure, like charging stations, support the burgeoning electric vehicle market. The combination of monetary incentives and a supportive regulatory environment creates a positive landscape for electric two-wheeler manufacturers. Possible customization options are available for specific requests beyond the report's current scope. Related Reports by IMARC Group - Peer-to-Peer P2P Lending Market: https://www.imarcgroup.com/peer-to-peer-lending-market - Dry Eye Syndrome Market: https://www.imarcgroup.com/dry-eye-syndrome-market - Commercial Seaweeds Market: https://www.imarcgroup.com/commercial-seaweeds-market - Fitness App Market: https://www.imarcgroup.com/fitness-app-market IMARC Group provides strategic insights and a comprehensive suite of services to assist ambitious organizations, aiding in impactful market expansion initiatives. For further details, contact: Elena AndersonIMARC Services Private Limited+1 631-791-1145email us here Legal Disclaimer: EIN Presswire provides this news content "as is" without warranty of any kind. The platform does not accept any responsibility for the accuracy or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, please reach out to the author. Read the full article

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market-insider · 2 years

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Electric Scooters Market Expected To Reach USD 34.7 Billion By 2028

The global electric scooters market size is expected to reach USD 34.7 billion by 2028, expanding at a CAGR of 7.6% from 2021 to 2028, according to a study conducted by Grand View Research, Inc. Increasing adoption of electric scooters (e-scooters) among the young population, the rising purchasing power of the middle-class community in developing countries, and rapid urbanization are expected to significantly drive product demand across the globe. Electric scooters offer affordable last-mile transportation as compared to on-demand transportation. Agility and ease of maneuver in densely populated areas with high traffic congestion are additional advantages these vehicles offer, which is expected to fuel market growth.

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#Electric Scooters #E-scooters #E-bikes #Electric Vehicles #Market Report #Latest Trends #COVID-19 Impacts

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sorav93 · 3 years

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Electric Scooter Market 2022-2028 Size, Share, Trend, Key Palyers with Products

Electric Scooter Market 2022-2028

A New Market Study, Titled “Electric Scooter Market Upcoming Trends, Growth Drivers and Challenges” has been featured on fusionmarketresearch.

Description

This global study of the Electric Scooter market offers an overview of the existing market trends, drivers, restrictions, and metrics and also offers a viewpoint for important segments. The report also tracks product and services demand growth forecasts for the market. There is also to the study approach a detailed segmental review. A regional study of the global Electric Scooter industry is also carried out in North America, Latin America, Asia-Pacific, Europe, and the Near East & Africa. The report mentions growth parameters in the regional markets along with major players dominating the regional growth.

Request Free Sample Report @ https://www.fusionmarketresearch.com/sample_request/2021-2030-Report-on-Global-Electric-Scooter-Market/69788

This research covers COVID-19 impacts on the upstream, midstream and downstream industries. Moreover, this research provides an in-depth market evaluation by highlighting information on various aspects covering market dynamics like drivers, barriers, opportunities, threats, and industry news & trends. In the end, this report also provides in-depth analysis and professional advices on how to face the post COIVD-19 period.

The research methodology used to estimate and forecast this market begins by capturing the revenues of the key players and their shares in the market. Various secondary sources such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, have been used to identify and collect information useful for this extensive commercial study of the market. Calculations based on this led to the overall market size. After arriving at the overall market size, the total market has been split into several segments and subsegments, which have then been verified through primary research by conducting extensive interviews with industry experts such as CEOs, VPs, directors, and executives. The data triangulation and market breakdown procedures have been employed to complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments.

Leading players of Electric Scooter including: Yadea AIMA TAILG Sunra Lvyuan Niu Technologies Opai Electric Lima Lvjia Slane Supaq Xiaodao Ebike Aucma EV HONG ER DA BYVIN Sykee Govecs Mahindra GenZe Vmoto Terra Motors Gogoro Jiangsu Xinri Electric Vehicle AllCell Technologies BOXX Green Energy Motors Greenwit Technologies Xiaomi (Ninebot) Lime Spin (Ford) Bird Rides

Market split by Type, can be divided into: Lead Battery Electric Scooters Lithium Battery Electric Scooters Other

Market split by Application, can be divided into: Individuals Commercial Rental

Market split by Sales Channel, can be divided into: Direct Channel Distribution Channel

Market segment by Region/Country including: North America (United States, Canada and Mexico) Europe (Germany, UK, France, Italy, Russia and Spain etc.) Asia-Pacific (China, Japan, Korea, India, Australia and Southeast Asia etc.) South America (Brazil, Argentina and Colombia etc.) Middle East & Africa (South Africa, UAE and Saudi Arabia etc.)

Ask Queries @ https://www.fusionmarketresearch.com/enquiry.php/2021-2030-Report-on-Global-Electric-Scooter-Market/69788

Table of Contents

Chapter 1 Electric Scooter Market Overview 1.1 Electric Scooter Definition 1.2 Global Electric Scooter Market Size Status and Outlook (2015-2030) 1.3 Global Electric Scooter Market Size Comparison by Region (2015-2030) 1.4 Global Electric Scooter Market Size Comparison by Type (2015-2030) 1.5 Global Electric Scooter Market Size Comparison by Application (2015-2030) 1.6 Global Electric Scooter Market Size Comparison by Sales Channel (2015-2030) 1.7 Electric Scooter Market Dynamics (COVID-19 Impacts) 1.7.1 Market Drivers/Opportunities 1.7.2 Market Challenges/Risks 1.7.3 Market News (Mergers/Acquisitions/Expansion) 1.7.4 COVID-19 Impacts on Current Market 1.7.5 Post-Strategies of COVID-19 Outbreak

Chapter 2 Electric Scooter Market Segment Analysis by Player 2.1 Global Electric Scooter Sales and Market Share by Player (2018-2020) 2.2 Global Electric Scooter Revenue and Market Share by Player (2018-2020) 2.3 Global Electric Scooter Average Price by Player (2018-2020) 2.4 Players Competition Situation & Trends 2.5 Conclusion of Segment by Player

Chapter 3 Electric Scooter Market Segment Analysis by Type 3.1 Global Electric Scooter Market by Type 3.1.1 Lead Battery Electric Scooters 3.1.2 Lithium Battery Electric Scooters 3.1.3 Other 3.2 Global Electric Scooter Sales and Market Share by Type (2015-2020) 3.3 Global Electric Scooter Revenue and Market Share by Type (2015-2020) 3.4 Global Electric Scooter Average Price by Type (2015-2020) 3.5 Leading Players of Electric Scooter by Type in 2020 3.6 Conclusion of Segment by Type

Chapter 4 Electric Scooter Market Segment Analysis by Application 4.1 Global Electric Scooter Market by Application 4.1.1 Individuals 4.1.2 Commercial Rental 4.2 Global Electric Scooter Revenue and Market Share by Application (2015-2020) 4.3 Leading Consumers of Electric Scooter by Application in 2020 4.4 Conclusion of Segment by Application

Continue…

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researchvishal · 2 years

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Electric Scooters Market Revenue, Future And Business Analysis By Forecast 2032

The global electric scooters market is valued at US$ 9.59 billion as of 2022. The market is expected to grow at a CAGR of 9% during the forecast period, and by 2032, the market is expected to reach an estimated US$ 22.7 billion.

Rising fuel prices, coupled with an increasing demand for fuel-efficient vehicles, are expected to drive the demand for electric scooters during the forecast period. Apart from that, government agencies across the world are taking steps to combat pollution because of rapid urbanization. Consequently, people have started adopting these electric two wheelers because of the extremely low emissions associated with their usage, which is further expected to surge the electric scooters market growth.

Key Takeaways:

China electric scooters market is expected to hold a market share of nearly 80% in the Asia Pacific region during the forecast period.

China is also expected to be one of the fastest-growing markets during the forecast period.

Based on the technology, battery technology is expected to have the highest market share during the forecast period.

For more information: https://www.futuremarketinsights.com/reports/electric-scooters-market

Competitive Landscape:

Some of the recent developments in the electric scooters market are:

In July 2022, Ather announced that it planned to boost electric scooters production tenfold.

Key Companies Profiled

Alta Motors

Ather Energy

Bajaj Auto

BMW Motorrad International

Cezeta

Energica Motor Company

Evoke Motorcycles

Hero Eco

Johammer e-mobility GmbH

KTM AG

Mahindra GenZe

Ninebot Limited

Okinawa Autotech Pvt. Ltd.

Piaggio & C. SpA

ReVolt Electric Motorbikes

Xiaomi

Yamaha Motor Company Limited.

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linhgd9 · 3 years

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Global Electric Transporters Market Overview, Financials, Product portfolio, Current developments 2021-2027

The latest survey on Electric Transporters Market Industry managed various organizations of the industry from different geographies or regions. The Report study consists of qualitative and quantitative information highlighting key market developments challenges that industry and competition are facing along with gap analysis, new opportunities available and trend also include COVID-19 impact Analysis in Electric Transporters Market and impact various factors resulting in boosting Electric Transporters Market at global as well as regional level. There are huge competitions take place worldwide and must require the study of MARKET ANALYSIS such as Top Competitors /Top Players are: Baidu, Guewer, ECO Movement, Robstep, Benelli, BMW Bicycles, Mahindra GenZe, Goldenwheel, Airwheel, F-wheel DYU, Fuji-Ta, Fully Charged, BH, Bafang (8FUN) Motor, Geoby, Kalkhoff, Electric Bike Plus, Hybike.

Our Research Analyst Analyses Research Methodology overview including Primary Research, Secondary Research, Company Share Analysis, Model ( including Demographic data, Macro-economic indicators, and Industry indicators: Expenditure, infrastructure, sector growth, and facilities ), Research Limitations and Revenue Based Modeling. Company share analysis is used to derive the size of the global market. As well as a study of revenues of companies for the last three to five years also provides the base for forecasting the market size (2021- 2027 ) and its growth rate. Porter’s Five Forces Analysis, impact analysis of covid-19 and SWOT Analysis are also mentioned to understand the factors impacting consumer and supplier behaviour. This Electric Transporters Market Report covers global, regional, and country-level market size, market shares, market growth rate analysis (include Reseaon of highest and lowest peak Market analysis), product launches, recent trend, the impact of covid19 on worldwide or regional Electric Transporters Market. This report includes the estimation of Electric Transporters market size for value (million USD) and volume (K Units)

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We are here to implement a Free PDF Sample Report copy as per your Research Requirement, also including impact analysis of COVID-19 on Electric Transporters Market Size

Don’t miss out on business opportunities in Electric Transporters Market. Speak to our analyst and gain crucial industry insights that will help your business growth while filling Free PDF Sample Reports

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A brief introduction to the research report and Overview of the market

Syndicate Market Research methodology

Graphical introduction of global as well as the regional analysis

Selected illustrations of market insights and trends.

Know top key players in the market with their revenue analysis

Example pages from the report

Key Highlights of the TOC provided by Syndicate Market Research:

Electric Transporters Market Executive summary: This section emphasizes the key studies, market growth rate, competitive landscape, market drivers, trends, and issues in addition to the macroscopic indicators.

Electric Transporters Market Study Coverage: It includes key market segments, key manufacturers covered, the scope of products offered in the years considered, global Electric Transporters Market and study objectives. Additionally, it touches the segmentation study provided in the report on the basis of the type of product and applications.

Electric Transporters Market Production by Region: The report delivers data related to import and export, revenue, production, and key players of all regional markets studied are covered in this section.

Electric Transporters Market Profile of Manufacturers: Analysis of each market player profiled is detailed in this section. This segment also provides SWOT analysis, products, production, value, capacity, and other vital factors of the individual player.

Major Product Type of Electric Transporters Covered in Market Research report: Electric Bike, Electric Skateboards, Electric Scooter

Application Segments Covered in Market Research Report: Sealed Lead Acid, Nickel-metal Hybrid (NiMH), Lithium ion (Li-ion)

Global Electric Transporters Industry Market: By Region

North America

U.S.Canada

Rest of North America

Europe

Germany

France

Italy

Spain

Rest of Europe

Asia Pacific

China

Japan

India

Southeast Asia

Rest of Asia Pacific

Latin America

Brazil

Argentina

Rest of Latin America

The Middle East and Africa

GCC Countries

South Africa

Rest of Middle East & Africa

Competitive Market Share

In terms of Electric Transporters market, Baidu, Guewer, ECO Movement, Robstep, Benelli, BMW Bicycles, Mahindra GenZe, Goldenwheel, Airwheel, F-wheel DYU, Fuji-Ta, Fully Charged, BH, Bafang (8FUN) Motor, Geoby, Kalkhoff, Electric Bike Plus, Hybike are the top players operating in the global market. These behemoths have implemented key business strategies such as product innovation, strategic partnerships & collaborations, new product launches, new service launches, joint ventures, and contracts to reinforce their market position along with gaining a huge chunk of the market share.

In addition, the report also covers key strategic developments of the market including acquisitions & mergers, new type launch, agreements, partnerships, collaborations & joint ventures, research & development, regional expansion of major participants involved in the Electric Transporters market on a global and regional basis.

Table of Content include Electric Transporters Market Worldwide are:

1 Study Coverage 1.1 Electric Transporters Product 1.2 Key Market Segments in This Study 1.3 Key Manufacturers Covered 1.4 Market by Type 1.4.1 Global Market Size Growth Rate by Type (Electric Bike, Electric Skateboards, Electric Scooter) 1.5 Market by Application 1.5.1 Global Market Size Growth Rate by Application (Sealed Lead Acid, Nickel-metal Hybrid (NiMH), Lithium ion (Li-ion)) 1.6 Study Objectives 1.7 Years Considered

2 Executive Summary —contd—

3 Electric Transporters Market Size by Manufacturers 3.1 Production by Manufacturers 3.1.1 Production by Manufacturers 3.1.2 Production Market Share by Manufacturers 3.2 Revenue by Manufacturers 3.2.1 Revenue by Manufacturers (2013-2018) 3.2.2 Revenue Share by Manufacturers (2013-2018) 3.3 Price by Manufacturers 3.4 Mergers & Acquisitions, Expansion Plans

4 Electric Transporters Production by Regions —–contd—

5 Electric Transporters Consumption by Regions 5.1 Global Electric Transporters Consumption by Regions 5.1.1 Global Electric Transporters Consumption by Regions 5.1.2 Global Electric Transporters Consumption Market Share by Regions 5.2 North America 5.2.1 North America Electric Transporters Consumption by Application 5.2.2 North America Electric Transporters Consumption by Countries 5.2.3 United States 5.2.4 Canada 5.2.5 Mexico 5.3 Europe 5.3.1 Europe Electric Transporters Consumption by Application 5.3.2 Europe Electric Transporters Consumption by Countries 5.3.3 Germany 5.3.4 France 5.3.5 UK 5.3.6 Italy 5.3.7 Russia 5.4 Asia Pacific 5.4.1 Asia Pacific Electric Transporters Consumption by Application 5.4.2 Asia Pacific Electric Transporters Consumption by Countries 5.4.3 China 5.4.4 Japan 5.4.5 South Korea 5.4.6 India 5.4.7 Australia 5.4.8 Indonesia 5.4.9 Thailand 5.4.10 Malaysia 5.4.11 Philippines 5.4.12 Vietnam 5.5 Central & South America 5.5.1 Central & South America Electric Transporters Consumption by Application 5.5.2 Central & South America Electric Transporters Consumption by Country 5.5.3 Brazil 5.6 Middle East and Africa 5.6.1 Middle East and Africa Electric Transporters Consumption by Application 5.6.2 Middle East and Africa Electric Transporters Consumption by Countries 5.6.3 GCC Countries 5.6.4 Egypt 5.6.5 South Africa

6 Market Size by Type —–contd—

7 Market Size by Application 7.1 Overview 7.2 Global Breakdown Dada by Application 7.2.1 Global Consumption by Application 7.2.2 Global Consumption Market Share by Application (2013-2018)

8 Manufacturers Profiles —–contd—

9 Production Forecasts —–contd—

10 Consumption Forecast —–contd—

11 Value Chain and Sales Channels Analysis 11.1 Value Chain Analysis 11.2 Sales Channels Analysis 11.2.1 Electric Transporters Sales Channels 11.2.2 Distributors 11.3 Customers

12 Market Opportunities & Challenges, Risks and Influences Factors Analysis 12.1 Market Opportunities and Drivers 12.2 Market Challenges 12.3 Market Risks/Restraints 12.4 Key World Economic Indicators

13 Key Findings in the Global Electric Transporters Study

14 Appendix 14.1 Research Methodology 14.1.1 Methodology/Research Approach 14.1.1.1 Research Programs/Design 14.1.1.2 Market Size Estimation 14.1.1.3 Market Breakdown and Data Triangulation 14.1.2 Data Source 14.1.2.1 Secondary Sources 14.1.2.2 Primary Sources 14.2 Author Details 14.3 Disclaimer

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udaycmi · 3 years

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According to a new research published by Polaris Market Research the electric scooter market is anticipated to reach over USD 51,324 million by 2026. In 2017, the retro product segment dominated the global market, in terms of revenue. Asia-Pacific is expected to be the leading contributor to the global market revenue during the forecast period.

Several stringent vehicular emission norms passed by governments worldwide have boosted the adoption of electric scooters. Growing concerns regarding environment, depleting fuel resources, and increasing need to reduce fuel consumption further support the growth of this market. Additionally, the increasing acceptance and high success rates of electric cars have encouraged market players to apply similar technologies in the two wheeler segment and optimize performance. Increasing investments by vendors in technological advancements coupled with decreasing prices of Li-ion batteries and powertrain components would reduce the overall cost of these vehicles in the coming years, further boosting the market growth.

Get Sample copy of this report: https://www.polarismarketresearch.com/industry-analysis/electric-scooter-market/request-for-sample

The demand for electric scooters has increased significantly over the years owing to increasing prices of gasoline across the globe. The exponential growth in the prices of gasoline and diesel owing to the depleting fossil fuel reserves has encouraged consumers to switch to electric scooters. Limited availability of public charging infrastructure for electric vehicles has limited the adoption of these vehicles in the past. However, with significant government initiatives and substantial investments, the development of public charging infrastructure has accelerated significantly.

Governments all across the world are taking initiatives to promote the adoption of electric vehicles. Countries such as China, India, France, and the U.S. have invested significantly in the development of charging infrastructure to support market growth. Governments have also introduced stringent regulations regarding vehicular emissions to encourage the use of electric vehicles. In 2016, Canada invested $62.5 million to support electric vehicle (EV) and alternative fuel infrastructure. It also aims to invest $16.4 million for development of more than 80 new charging units for electric vehicles, along with development of natural gas and hydrogen refueling stations along key transportation corridors. In August 2012, the Government of India approved an investment of 230 billion rupees in the development of electric and hybrid vehicle production and aims a target of 6 million vehicles by 2020. These initiatives by the government are expected to accelerate the adoption of electric vehicles in the coming years.

The well-known companies profiled in the report include Honda Motor Co. Ltd., Brammo, Inc., AllCell Technologies, LLC, Mahindra GenZe, Terra Motors Corporation, Yamaha Motor Company Limited, Suzuki Motor Corporation, KTM AG, Peugeot Scooters, Jiangsu Xinri E-Vehicle Co. Ltd., Green Energy Motors Corp., and BMW Motorrad International among others. These companies launch new products and collaborate with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.

Request For Discount: https://www.polarismarketresearch.com/industry-analysis/electric-scooter-market/request-for-discount-pricing

About Polaris Market Research

Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises. We at Polaris are obliged to serve our diverse customer base present across the industries of healthcare, technology, semi-conductors and chemicals among various other industries present around the world

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