Electric scooter Market 2020: By demand analysis, Key players, end users, various product types, growth and forecast
On a global scale, the electric scooter market is in a major stage of development and has witnessed the emergence of the global auto industry.Governments in both developed and developing countries not only pay more attention to technological innovation in solving green environmental problems, but also provide their people with advanced two-wheeler services.Much of the demand comes from China, Europe and the United States.The market for electric scooters is expected to exceed $30 billion by 2025, according to Renub Research.
The main driver of growth in the electric scooter market is strong government support.Climate change is one of the most concerned issues in the world, and many governments have set national targets to reduce carbon emissions and control air pollution.Electric scooters will transform the city's energy from traditional to environmentally friendly.The main challenge to the growth of the global electric scooter market is the lack of charging stations in cities.
Other factors contributing to the growth of the global electric scooter market are increasing consumer awareness of environmental protection, transportation, infrastructure development, increasing adoption of electric scooter sharing services, and falling raw material prices, which are expected to drive the global electric scooter market.
Worldwide, a growing number of financial and non-financial incentives are encouraging the adoption of electric scooters.The increasing modern transportation and the increasing urban transportation are promoting the traditional electric transportation mode.Governments around the world are working to saturate parts or products of electric scooters with programs such as research and development.
With the help of many types of batteries (such as lithium ion, sealed lead acid, nickel metal hydride, etc.), the global electric car industry is totally dependent on electricity.Lithium-ion batteries will continue to be the dominant factor in the electric scooter market.Due to the use of lithium-ion batteries, electric scooters are light weight and high power efficiency.
China, the United States and Europe dominate the global market for electric scooters
The market for electric scooters is growing around the world.Report different market growth rates for India, China, Japan, the United States, Germany, the United Kingdom, France, Russia, Spain, Italy, Poland, and other countries/regions.China, the United States and Europe are the world leaders in the market for electric scooters.
Retro is a leading product in the global market of electric scooter.The report examines the market for the following products: Retro, standing/self-balancing and folding.Owing to the high demand for short-range electric vehicles, Retro is a leading product category in the global market for electric scooters, which helps to reduce overall travel costs for consumers.
Battery type - Global Electric scooter Market
The global electric scooter industry USES a variety of batteries.In this report, we looked at three batteries;Seal lead acid (SLA), Lithium Ion (Li-ion), NiMH, etc.