Global Automotive Electric Scooter Market By Product Type (Retro, Standing/Self Balancing, Folding, Kick), Battery Type (Sealed Lead Acid, NiMH, Li-Ion), Voltage Type (24V, 36V, 48V, Greater than 48V), Technology (Plug In, Battery), Category (L1e, L3e), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa), Industry Trends and Forecast to 2027
Market Analysis and Insights: Global Automotive Electric Scooter Market
Automotive electric scooter market will reach an estimated valuation of USD 28.82 billion by 2027, while registering this growth at a rate of 5.75% for the forecast period of 2020 to 2027. Growing demand for fuel efficient vehicles is expected to create new opportunity for the automotive electric scooter.
Electric scooters are those vehicles which are battery based and use electricity to get charged. They are rechargeable batteries and have the ability to offer power to one or more electric motors. Some of the common types of the electric vehicles are retro, standing/self-balancing kick and folding.
Rising concern among population about carbon & greenhouse gas emissions is expected to drive the market growth. Some of the factors such as rising awareness about the environmental advantages of automotive electric scooters, increasing usage in sharing service, technological advancement in the production of solar power electric vehicles, increasing R&D investments for better battery technologies and increasing government rules & norms to decrease pollution will accelerate the demand for automotive electric scooter in the forecast period of 2020 to 2027.
High maintenance and manufacturing cost of the automotive electric scooter is expected to hamper the market growth in the mentioned forecast period.
This automotive electric scooter market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on Data Bridge Market Research automotive electric scooter market contact us for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Automotive Electric Scooter Market Scope and Market Size
Automotive electric scooter market is segmented on the basis of product type, battery type, voltage type, technology and category. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of product type, the automotive electric scooter market is segmented into retro, standing/self-balancing, folding and kick.
- On the basis of battery type, the automotive electric scooter market is divided into sealed lead acid, NiMH and li-ion.
- The voltage type segment of the automotive electric scooter market is segmented into 24V, 36V, 48V, and greater than 48V.
- Based on technology, the automotive electric scooter market is divided into plug in and battery.
- Category segment of the automotive electric scooter market is segmented into L1e and L3e.
Automotive Electric Scooter Market Country Level Analysis
Automotive electric scooter market is analysed and market size, volume information is provided by product type, battery type, voltage type, technology and category as referenced above.
The countries covered in the automotive electric scooter market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific is expected to dominate the automotive electric scooter market in the forecast period of 2020 to 2027. This is mainly due to increasing environmental concerns and low cost of the electric vehicles in the region. North America is expected to grow at the highest CAGR due to increasing research for better battery technology and rising investment in vehicle charging infrastructure.
The country section of the automotive electric scooter market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Automotive Electric Scooter Market Share Analysis
Automotive electric scooter market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to automotive electric scooter market.
The major players covered in the automotive electric scooter market report are Gogoro Inc., Terra Motors, Mahindra & Mahindra Ltd., Vmoto Limited, Jiangsu Xinri E-Vehicle Co.,Ltd, Honda Motor Co., Ltd, AllCell Technologies LLC, Yamaha Motor Co., Ltd., KTM Sportmotorcycle GmbH, Wuxi Yadea Export-import Co.,LTD, Suzhou Eagle Electric Vehicle Manufacturing Co., Ltd, Niu International., Energica Motor Company, SPIN Global., Lime, among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Customization Available: Global Automotive Electric Scooter Market
Data Bridge Market Research is a leader in consulting and advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customised to include production cost analysis, trade route analysis, price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), import export and grey area results data, literature review, consumer analysis and product base analysis. Market analysis of target competitors can be analysed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Factbook) or can assist you in creating presentations from the data sets available in the report.