By 2028, Electric Kick Scooter Market Will Surpass USD 4.52 Billion at 12.2% CAGR Growth | Allied Market Research

October 20, 2023 04:34 AM EDT | By EIN Presswire
 By 2028, Electric Kick Scooter Market Will Surpass USD 4.52 Billion at 12.2% CAGR Growth | Allied Market Research
Image source: EIN Presswire

PORTLAND, OREGAON, UNITED STATES, October 20, 2023 /EINPresswire.com/ -- According to the report published by Allied Market Research, the global electric kick scooter market size was pegged at $2.10 billion in 2020 and is estimated to hit $4.52 billion by 2028, registering a CAGR of 12.2% from 2021 to 2028. The report provides an in-depth analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive landscape, and changing market trends.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐚𝐠𝐞𝐬 : https://www.alliedmarketresearch.com/request-sample/11691

Rise in deployment of kick scooters for shared mobility services, growing popularity of electric vehicles, rising awareness regarding the environmental advantages of electric kick scooters, and positive government regulations to encourage the use of electric kick scooters drive the global electric kick scooter market. On the other hand, high maintenance & manufacturing cost and ban on use of e-kick scooter in major cities across the world impede the growth to some extent. However, surge in R&D investments for enhanced battery technologies is expected to create lucrative opportunities for the key players in the industry.

The global electric kick scooter market is analyzed across battery type, voltage, and region. Based on battery type, the lithium Ion (Li-Ion) segment accounted for more than four-fifths of the total market share in 2020 and is expected to lead the trail by 2028. The same segment would also exhibit the fastest CAGR by 12.6% during the forecast period.

Based on voltage, the 25V to 50V segment contributed to more than three-fifths of the total market revenue in 2020 and is projected to rule the roost by the end of 2028. The more than 50V segment, on the other hand, would cite the fastest CAGR of 14.6% from 2021 to 2028.

Based on region, Europe held the major share in 2020, garnering more than one-third of the global market. Simultaneously, the market across LAMEA would exhibit the fastest of 15.4% throughout the forecast period. The other regions studied in the report include North America and Asia-Pacific.

𝐏𝐫𝐨𝐜𝐮𝐫𝐞 𝐂𝐨𝐦𝐩𝐥𝐞𝐭𝐞 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭 𝐍𝐨𝐰 : https://www.alliedmarketresearch.com/electric-kick-scooter-market/purchase-options

𝐂𝐎𝐕𝐈𝐃-𝟏𝟗 𝐈𝐦𝐩𝐚𝐜𝐭 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬 :

The outbreak of COVID-19 caused huge impacts on global economy, owing to total lockdown and temporary shutdown of industries across the world. Public transport tends to contain many people in one shared space, which boosts the spread of the coronavirus disease. As people reassess ground transportation options in the face of the COVID-19 pandemic, many are choosing isolated modes such as driving or biking over public transportation or ride-sharing. People are choosing electric kick scooter services to cover medium to short distances in view of health safety concerns during the outbreak.

𝐋𝐞𝐚𝐝𝐢𝐧𝐠 𝐌𝐚𝐫𝐤𝐞𝐭 𝐏𝐥𝐚𝐲𝐞𝐫𝐬 :

GOVECS AG,
iconBIT,
Jiangsu Xinri E-Vehicle Co.,Ltd.,
Ninebot (Segway Inc.),
Ningbo MYWAY Intelligent Technology Co., Ltd. (Inokim),
Niu International,
Razor USA LLC,
SWAGTRON,
Xiaomi and YADEA Technology Group Co., Ltd.

𝐈𝐧𝐪𝐮𝐢𝐫𝐞 𝐁𝐞𝐟𝐨𝐫𝐞 𝐁𝐮𝐲𝐢𝐧𝐠 : https://www.alliedmarketresearch.com/purchase-enquiry/11691

𝐑𝐞𝐚𝐝 𝐌𝐨𝐫𝐞 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 :

𝐄𝐥𝐞𝐜𝐭𝐫𝐢𝐜 𝐓𝐡𝐫𝐞𝐞 𝐖𝐡𝐞𝐞𝐥𝐞𝐫 𝐌𝐚𝐫𝐤𝐞𝐭 : https://www.globenewswire.com/en/news-release/2023/07/25/2710192/0/en/Electric-Three-Wheeler-Market-Size-to-Reach-1-5-Billion-by-2031-Allied-Market-Research.html

𝐄𝐥𝐞𝐜𝐭𝐫𝐢𝐜 𝐁𝐮𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 : https://www.globenewswire.com/news-release/2023/03/17/2629639/0/en/Electric-Bus-Market-Size-to-Reach-439-7-Billion-by-2031-Allied-Market-Research.html

𝐄𝐥𝐞𝐜𝐭𝐫𝐢𝐜 𝐁𝐮𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 : https://www.globenewswire.com/news-release/2023/03/17/2629639/0/en/Electric-Bus-Market-Size-to-Reach-439-7-Billion-by-2031-Allied-Market-Research.html

David Correa
Allied Market Research
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