E-Scooters Market 2018
E-Scooters Market 2018, is latest research report by MarketResearchFuture, the global E-Scooters market is expected to Register High Growth Rate during 2018 To 2023. Report analyzes E-Scooters Market Key Companies with Size, Share, Trends analysis, and Key Country Forecast to 2023. E-Scooters Market Information is segmented by Battery Type (Sealed Lead Acid, Li-Ion and Ni-MH), By Product (Retro, Standing/Self-Balancing and Folding), By Technology (Plug-In Based and Battery Based) and By Region - Forecast To 2023
Key Players
Amego Electric Vehicles Inc. (Canada), Ampere Vehicles Pvt. Ltd. (India), Ather Energy (India), Gogoro Inc. (Taiwan), GOVECS GmbH (Germany), Hero Electric Vehicles Pvt. Ltd. (India), Jiangsu Xinri Electric Vehicle Co. Ltd. (China), Kumpan Electric (Germany), Mahindra GenZe (USA), NYCeWheels (USA), Terra Motors Corporation (Japan), Torrot Group (Spain), and Vmoto Limited (Australia).
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Market Scenario
As the name suggests, Electric scooters or E-Scooters are defined as plug-in or battery based electric vehicles that can be recharged from an external source of electricity. Right now electric cars are available, and e-scooters are coming soon. The rising fuel prices are allowing the market for e-scooters to “sprout.” Market Research Future (MRFR) has published a research report about the global e-scooters market that predicts growth for this market during the forecast period between 2017 and 2023.
The factors that are aiding the market growth for E-Scooters include decent growth in the renewable sector, declining battery costs, government incentives for the introduction of e-mobility, lesser operating costs, eco-friendly functioning, high maintenance of fuel-powered vehicles, and increase in fuel costs of fuel-powered vehicles.
Segmentation of E-Scooters Market:
The global e-scooters market has been segmented on the basis of battery type, category, product type, technology, voltage, and lastly, region.
Based on battery type, this market has been segmented into Li-ion, sealed lead acid, and others. During the sealed lead acid batteries have been anticipated to lead the market. The category-based segmentation segments the market into L1e and L3e.
By product type, the market has been segmented into folding, retro, and standing/self-balancing. Amongst these three, standing/self-balancing sub-segment leads the market.
The technology-based segmentation of this market covers battery based e-scooters and plug-based e-scooters. As per voltage-based segmentation, the market has been segmented into 24V, 36V, 48V, and more than 48V. 48V and more than 48V segment together are holding the largest share, and during the forecast period, their growth is expected to continue. The high voltage levels offered by these battery segments usher cost-effective opportunities for the hybridization of vehicles.
Regional Analysis of E-Scooters Market:
The regional segmentation of global e-scooters market segments the market into the continent-based regional markets namely North America, Asia Pacific, Europe, and rest of the world (RoW). Among these regional markets, Asia Pacific holds the largest market share. The primary factor driving the market growth in this region is the growth in vehicle charging infrastructure in emerging countries such as China and Taiwan. Indian electric vehicle industry still has a long way to go. However, despite e-vehicles in India are in 1% global e-vehicle sales more than 95% of electric vehicles in India are low-speed electric scooters, with a speed of less than 25km/hr. Therefore, the electric vehicle industry of India possesses enough potential to surpass more than 5% in a few years. Another important country-specific market in this region is Japan, followed by the rest of the Asia Pacific region.
During the forecast period, the market share of North America is expected to overtake Asia Pacific region, the number of e-scooters and other e-vehicles rising in the United States of America (USA), the strongest economy in North America due to the presence of various large manufacturers. Another important market in this region is Canada. Governments in North America are encouraging more eco-friendly vehicles to curb pollution. In Europe, the market is steady due to environmental norms. Maximum sales of e-scooters and other e-vehicles happen in France, Germany, Italy, and the United Kingdom (UK).
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Table of Contents
1 Executive Summary
2 Scope of The Report
3 Market Landscape
4 Market Dynamics
5 Global E-Scooters Market, By Battery Type
6 Global E-Scooters Market, By Product
7 Global E-Scooters Market, By Technology
8 Global E-Scooters Market, By Region
9 Competitive Landscape
10 Company Profile
Continued…….
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