Meticulous Research®—a leading global market research company, published a research report titled, ‘Electric Scooter Market by Vehicle Type (Electric Motorcycles, E-Kick scooters & Bikes, Electric Mopeds), Power Output (Less Than 3.6kW, 3.6kW to 7.2kW), Battery Technology, Motor Type, Charging Type, End-user - Global Forecasts to 2030.’
The global electric scooter market is expected to reach $345.79 billion by 2030, at a CAGR of 21.6% during the forecast period from 2023 to 2030. By volume, this market is projected to reach 255.71 million units, at a CAGR of 17.5% during the forecast period. The growth of the electric scooter market is driven by the increasing localization of electric two-wheeler manufacturing in emerging economies, increasing consumer acceptance of electric two-wheelers, and growing adoption of E-PTWs (electric-powered two-wheelers) for personal mobility & leisure in developed economies.
However, inadequate initiatives by legacy two-wheeler manufacturers to invest in electric scooter and increasing incidents of accidents involving electric two-wheelers are restraining the growth of this market. The potential of electric two-wheelers to reduce traffic congestion and pollution in cities is expected to create market growth opportunities. However, the inadequate availability of charging infrastructure in emerging economies and the lack of standardized regulations related to ownership, registration, licensing, and use in traffic are major challenges for players operating in the electric scooter market.
The global electric scooter market is segmented by vehicle type, power output, battery technology, motor type, charging type, end use, and geography. The study also evaluates industry competitors and analyses the country and regional-level markets.
Download Sample Report Here @ https://www.meticulousresearch.com/download-sample-report/cp_id=5191
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