Electric Kick Scooters Market - Industry Size, Share, Growth & Forecast 2028 | UnivDatos

 

Electric kick scooters run on batteries and the environmental benefits of these scooters such as that they directly do not contribute to enhancing greenhouse gas emissions. Kick scooters have arisen as a practical metropolitan drive choice as of late. This is credited to the smooth plan and the usability they offer. Moreover, minimal expense transportation, lesser parking spot necessities, developing spotlight on climate agreeable transportation choices, and convenience in traffic-congested urban areas, are supposed to increase the demand for electric kick scooter market across the world. Furthermore, the rising R&D for improved battery advancements and quick mechanical benefits in the electric kick scooter industry is supposed to offer a significant growth rate during the forecast period.

 According to UnivDatos Market Insights (UMI)’ research report “Global Electric Kick Scooters Market”, the market is expected to witness robust growth during the forecast period (2022-2028).

Based on battery type, the market is segmented into sealed lead acid, nickel metal hydride, and lithium-ion. The lithium-ion category is to witness the fastest growth rate during the forecast period. This is mainly due to their attributes, lithium-ion batteries and cells are more suitable for some applications than others. They provide high levels of charge than other battery technologies, have a higher voltage, and can often cost more than some other types.

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Based on the voltage, the market is categorized into below 24V, 36V, 48V, and greater than 48V. Among these, the 36V category is to witness the fastest growth rate during the forecast period. This is mainly due to the high voltages required for vehicles that use electric motors for propulsion in lieu of internal combustion engines because electrical current demands are so high. Additionally, 36V batteries are popular because of their capacity, which enhances the E-scooter's driving range which will drive the market growth.

APAC to witness the fastest growth

For a better understanding of the market adoption of the electric kick scooters industry, the market is analyzed based on its worldwide presence in the countries such as North America (U.S., Canada, Rest of North America), Europe (Germany, U.K., France, Spain, Italy, Rest of Europe), Asia-Pacific (China, Japan, India, Rest of Asia-Pacific), Rest of World. APAC is anticipated to grow at the fastest rate during the forecast period. This is mainly due to the rising awareness of eco-friendly product development and managing short-distance transportation in highly populated cities. Moreover, as regulatory authorities focus on smart city development electric transportation options like electric scooters are expected to become increasingly popular. For instance, in April 2020, Xiaomi launched the Mi Electric Scooter 1S and made it available across China's e-commerce platforms with international shipping options. The scooter has a range of 30 km on a full charge with a maximum speed of 25km/h.

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According to UnivDatos Market Insights (UMI)’, the key players with a considerable market share in the electric kick scooters market are YADEA Technology Group Co. Ltd., Jiangsu Xinri E-Vehicle Co. Ltd., GOTRAX, Bird Rides Inc., SWAGTRON, SEGWAY INC., Xiaomi, iconBIT GmbH, Zhejiang Okai Vehicles Co. Ltd., GOVECS AG

“Global Electric Kick Scooters Market” provides comprehensive qualitative and quantitative insights on the industry potential, key factors impacting sales and purchase decisions, hotspots, and opportunities available for the market players. Moreover, the report also encompasses the key strategic imperatives for success for competitors along with strategic factorial indexing measuring competitors’ capabilities on different parameters. This will help companies in the formulation of go-to-market strategies and identifying the blue ocean for its offerings.        

Market Segmentation:

1.      By Battery Type (Sealed Lead Acid, Nickel Metal Hydride, Lithium-Ion)

2.      By Voltage (Below 24V, 36V, 48V, Greater than 48V)

3.      By Region (North America, Europe, Asia-Pacific, Rest of the World)

4.      By Company (YADEA Technology Group Co. Ltd., Jiangsu Xinri E-Vehicle Co. Ltd., GOTRAX, Bird Rides Inc., SWAGTRON, SEGWAY INC., Xiaomi, iconBIT GmbH, Zhejiang Okai Vehicles Co. Ltd., GOVECS AG)

Key questions answered in the study:

1.      What are the current and future trends of the global electric kick scooters market?

2.      How the industry has been evolving in terms of battery type and voltage?

3.      How the competition has been shaping across the countries followed by their comparative factorial indexing?

4.      What are the key growth drivers and challenges for the global electric kick scooters market?

5.      What is the customer orientation, purchase behavior, and expectations from the global electric kick scooters market suppliers across various region and countries?