Press release
Electric Scooter Market Poised for Significant Expansion, Promising Future Growth Projections from 2024 to 2032
Electric Scooter Market
The latest study released on the Electric Scooter Market by Vantage Market Research evaluates market size, trend, and forecast to 2032. The Electric Scooter Market analysis covers significant research data and proofs to be a handy resource document for managers, analysts, industry specialists, and other key people to have ready-to-access and self-analyzed study to help understand market trends, growth drivers, opportunities, and future challenges and about the competitors. This Electric Scooter is An Ever-Increasing industry that has seen tremendous growth in the forecast period. The post category sector is one of the most competitive and profitable sectors in the world. Also, this report is necessary for stakeholders and market players to stay up-to-date on the latest developments.
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Market Evolution
This section presents an analysis of the position of the product or services in the market based on market development and competitive position. This report provides an overview of the stages of product growth in the Electric Scooter Market in terms of early (historical) phase, middle phase, and upcoming innovation and technologies.
Key Players in This Electric Scooter Market Report Include:
• AllCell Technologies LLC
• BMW Motorrad
• BOXX Corp
• Gogoro Inc
• Green Energy Motors Corp
• Greenwit Technologies Inc
• Honda Motor Company Ltd
• Jiangsu Xinri E-Vehicle Company Ltd
• KTM AG
• Mahindra GenZe
• Peugeot Scooters
• Suzuki Motor Corporation
• Terra Motors Corporation
• Vmoto Limited
• Yadea Technology Group Company Ltd
• Yamaha Motor Company Ltd
• Xiaomi
• Ninebot Limited
• Bird
• Lime
According to Vantage Market Research, The Electric Scooter Market is expected to witness incredible growth during the forecast period of 2024 to 2032. The market is segmented by Application, by Type, and by Geography (North America, South America, Europe, Asia Pacific, MEA). The Electric Scooter report spotlights information regarding the current and upcoming industry trends, and growth patterns, as well as provides business strategies to help the stakeholders in making sound decisions that may help to ensure the profit trajectory over the forecast years.
Segments Covered
By Product
• Retro
• Standing/Self-Balancing
• Folding
By Battery
• Sealed Lead Acid
• NiMH
• Li-Ion
By Voltage
• 24V
• 36V
• 48V
• Greater than 48V
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Geographically, the Detailed Analysis of Consumption, Revenue, Market Share, and Growth Rate of the Following Regions:
● North America (the United States, Canada, and Mexico)
● Europe (Germany, France, UK, Russia, and Italy)
● Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
● South America (Brazil, Argentina, Colombia, etc.)
● The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
Recent Developments
• In April 2024, Ola Electric launched the S1 X scooter range, which includes 2 kWh, 3 kWh, and 4 kWh variants. The S1 X 4 kWh has a range of 190 km and can go from 0 to 14 km/h in 3.3 seconds.
• In April 2024, Ather Energy introduced the Ather Rizta electric scooter with a 2.9 kWh battery, offering a range of 123 km.
• In March 2024, Yadea Technology Group Co., Ltd. announced its plan to invest 352.0 million yuan (USD 49.4 million) to acquire the entire shares of Wuxi Lingbo Electronic Technology Co., Ltd., which specializes in the research, development, manufacturing, and sales of intelligent control system solutions. This acquisition will strengthen Yadea's technical capability and supply chain vertical integration in the electric two-wheeler industry, develop global markets, and lower production costs.
• In December 2023, Gogoro opened a battery-swapping network in Delhi and Goa and plans to expand to Mumbai and Pune, Maharashtra, in the first half of 2024.
• In November 2023, Vmoto Limited exhibited and launched new products, the APD e-motorcycle, the CPX Explorer e-moped, and a battery-swapping and charging station, at 2023 EICMA.
• In March 2023, Hero Electric announced plans to increase its production capacity to 5 lakh units and meet market demand in the next 2-3 years with a new facility in Rajasthan, India. The company also plans to set up a greenfield plant in Rajasthan with an annual production capacity of 20 lakh units.
Objectives of the Report
● To carefully analyze and forecast the size of the Electric Scooter Market by value and volume.
● To estimate the market shares of major segments of this market.
● To showcase the development of the Electric Scooter in different parts of the world.
● To analyze and study micro-markets in terms of their contributions to the Electric Scooter Market, their prospects, and individual growth trends.
● To offer precise and useful details about factors affecting the growth of this market.
● To provide a meticulous assessment of crucial business strategies used by leading companies operating in the Electric Scooter Market, which include research and development, collaborations, agreements, partnerships, acquisitions, mergers, new developments, and product launches.
Read Full Research Report with [TOC] @ https://www.vantagemarketresearch.com/industry-report/electric-scooter-market-1506
Key Questions Answered
★ Which are the five top players of the Electric Scooter Market?
★ How will the Electric Scooter change in the upcoming years?
★ Which product and application will take a share of the Electric Scooter Market?
★ What will be the CAGR and size of the Electric Scooter Market throughout the forecast period?
★ What are the drivers and restraints of the Electric Scooter?
★ Which regional market will show the highest growth?
★ What is the current Electric Scooter size, what will the market size be in 2032 and what will the growth rate be?
★ Who are the major competitors and what is their strategy?
★ What are the challenges to grow in the Electric Scooter Market?
★ What are the market opportunities and challenges faced by the key vendors?
★ What are the barriers to entry for new players in the Electric Scooter Market?
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