Electric Kick Scooter Market Overview:
The electric kick scooter market size is expected to
grow significantly in the coming years, with continued strong demand in Western
Europe and North America, according to recent reports by Technavio’s research
analysts. Growing urbanization and changing lifestyles have led to an increased
use of alternative modes of transport such as electric kick scooters,
especially among youngsters aged 10–24 years old.
Electric Kick Scooter Market: A Global Phenomenon
Electric kick scooters, also known as e-scooters, have become
increasingly popular in recent years. They offer a convenient, affordable, and
environmentally friendly way to get around urban areas. The e-scooter market is
expected to continue to grow rapidly in the coming years, driven by factors
such as increasing urbanization, rising fuel prices, and growing awareness of
environmental issues.
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Electric Kick Scooter Market
The report includes an analysis of the key players in the market
- SWAGTRON
- Jiangsu Xinri E-Vehicle Co
Ltd
- YADEA Technology Group Co
Ltd
- Bird Rides Inc
- SEGWAY INC
- Xiaomi
- iconBIT GmbH
- GOVECS AG
- Niu International
- Razor USA LLC
Key Trends in the Electric Kick Scooter Market
Here are some of the key trends in the electric kick scooter market:
- Growing popularity of shared
e-scooter services: Shared e-scooter services have become very
popular in recent years. These services allow riders to rent an e-scooter
on a short-term basis, typically through a smartphone
app. Shared e-scooter services are convenient and
affordable, and they offer a great way to get around urban areas
without having to own a car.
- Increasing demand for
high-performance e-scooters: As the e-scooter market
matures, consumers are increasingly demanding high-performance
e-scooters with features such as longer range, higher top
speed, and better suspension. Manufacturers are responding to
this demand by developing new e-scooter models that offer better
performance and features.
- Growing investment in
e-scooter infrastructure: Governments and businesses around the world
are investing in e-scooter infrastructure, such as dedicated
e-scooter lanes and charging stations. This investment is helping to
make e-scooters a more viable transportation option for commuters and
leisure riders alike.
Challenges Facing the Electric Kick Scooter Market
Despite the rapid growth of the e-scooter market, there are still some
challenges that need to be addressed. One challenge is the lack of regulation
in some jurisdictions. This can lead to safety issues, such as riders using
e-scooters on sidewalks and in traffic lanes. Another challenge is the
relatively short range of most e-scooters. This can be a limiting factor for
commuters who need to travel long distances.
Outlook for the Electric Kick Scooter Market
The outlook for the electric kick scooter market is very positive. The
market is expected to continue to grow rapidly in the coming years, driven by
factors such as increasing urbanization, rising fuel prices, and growing
awareness of environmental issues. Manufacturers are investing in research and
development to develop new e-scooter models that offer better performance,
features, and range. Governments and businesses are also investing in e-scooter
infrastructure, such as dedicated e-scooter lanes and charging stations.
Overall, the electric kick scooter market is a rapidly growing market
with a lot of potential. As the market matures and the challenges facing the
market are addressed, e-scooters are poised to become a major part of the urban
transportation landscape.
The global electric kick scooter market is expected to grow at a CAGR of
11.2% during the forecast period
E-scooters are battery powered devices that can be used to travel short
distances and are usually foldable. E-scooters do not require a license or
insurance, and they can be ridden by people of all ages. Electric kick scooters
are light weight, compact and easy to carry. They have an electric engine with
a rechargeable battery, which powers the device's small motor and propels it
forward.
The market is driven by factors such as the rising awareness of
environmental protection and the need for last-mile connectivity
The electric
kick scooter market size is expected to grow
significantly in the coming years due to a number of factors. The market is
driven by factors such as the rising awareness of environmental protection and
the need for last-mile connectivity. More and more people are becoming
environmentally conscious, which has led them to purchase vehicles that help
reduce pollution. Additionally, an increased number of people now prefer not
owning a car and instead rely on public transportation for their commute.
The market is segmented by type, application, and geography
The global
electric kick scooter market size was valued at $XX
million in 2016 and is expected to grow significantly by 2030. The global
electric kick scooters market is segmented by type, application, and geography.
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