E-scooter Market Is Booming Across the Globe Explored in Latest Report 2023-2030 with Electrotherm Ltd, GOVECS AG, Greaves Cotton Ltd.

Published October 10, 2023

Detailed analysis of the report “E-scooter” helps to understand the various types of Newspaper Publishing products that are currently in use, along with the variants that would gain prominence in the future by Infinitybusinessinsights.com. This report will help the viewer in Better Decision Making.

The E-scooter industry has experienced exponential growth in recent years, revolutionizing urban transportation and mobility options. This sector encompasses the production, distribution, and operation of electric scooters designed for short-distance, eco-friendly commuting. These E-scooters are battery-powered and can be rented via smartphone apps, providing a convenient and sustainable mode of transportation for users in urban areas.

The Global E-scooter Market is expected to grow at a CAGR of 9.12% from 2023 to 2030.

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Scope Of E-scooter Market: The scope of the E-scooter industry is vast, encompassing manufacturing, technology development, fleet management, and regulatory compliance. E-scooter companies typically operate within densely populated urban areas, partnering with local municipalities to provide convenient and eco-friendly transportation solutions. The industry has also seen innovation in battery technology, connectivity, and smart features, enhancing user experience and safety.

Most Prominent Players in the Market: Electrotherm Ltd, GOVECS AG, Greaves Cotton Ltd., Hero Electric Vehicles Pvt. Ltd, Honda Motor Co. Ltd, KWANG YANG MOTOR Co. Ltd., Mahindra and Mahindra Ltd., Okinawa Autotech Pvt. Ltd., Piaggio and C. Spa, Songguo New Energy Automobile Co Ltd, TVS Motor Co. Ltd., Vmoto Ltd., Yadea Group Holdings Ltd, Z Electric Vehicle Corp, Zhejiang Luyuan Electric Vehicle Co Ltd.

Global E-scooter Market Split by Type and Application:

E-scooter Market on the basis of Types:
Sealed lead acid batteries
Lithium-ion batteries

E-scooter Market Segmented into Application:

Regional Analysis: The E-scooter industry’s growth is not uniform across regions. It has gained significant traction in urban centers of North America, Europe, and Asia. In North America, cities like Los Angeles, San Francisco, and Austin have embraced E-scooter sharing services, while European cities like Paris, Barcelona, and Berlin have seen widespread adoption. Asia, particularly in countries like China and India, has witnessed rapid growth due to a burgeoning urban population.

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E-scooter Market Challenges and Risks: The E-scooter industry faces several challenges and risks. One of the primary concerns is safety, as accidents and injuries related to E-scooter usage have increased. Striking a balance between promoting eco-friendly transportation and ensuring safety remains a challenge for both companies and regulators. Additionally, vandalism, theft, and maintenance costs are significant risks that E-scooter companies must navigate. Ensuring that the scooters are in good working condition and available for users is essential for maintaining customer satisfaction.

E-scooter Market – Covid-19 Impact and Recovery Analysis: The COVID-19 pandemic had a mixed impact on the E-scooter industry. While the initial lockdowns led to a drop in ridership as people stayed home, the industry adapted by implementing stringent sanitation measures and promoting E-scooters as a socially distanced and safe mode of transportation. As cities reopened and people sought alternatives to crowded public transit, E-scooters experienced a resurgence in popularity. Additionally, the pandemic accelerated the adoption of contactless payment and reservation systems, making E-scooter services more convenient and hygienic.

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Major Points from Table of Contents:
1. E-scooter Market Overview
2. Market Competition by Manufacturers
3. Production by Region
4. Global E-scooter Consumption by Region
5. Segment by Type
6. Segment by Application
7. Key Companies Profiled
8. E-scooter Cost Analysis
9. Marketing Channel, Distributors and Customers
10. Market Dynamics
11. Production and Supply Forecast
12. Consumption and Demand Forecast
13. Forecast by Type and by Application (2023-2030)
14. Research Finding and Conclusion
15. Methodology and Data Source

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