The major driver for the adoption of e-scooters is the increase in traffic congestion woes, along with increasing environmental concerns, which is driving policy makers and end-users to increase their preference for electric scooters. The market for e-scooters will further be driven by rapid transformations in the energy efficient automotive industry, and its positive impact on environment, energy and traffic congestion issues. The electric scooters are provided by the recharging facility by plugging into the ordinary wall outlets.

The increasing carbon emissions caused by burning fuel on roads have been a concern for environmentalists and governments, which is leading to an increase in demand of electric scooters and their adoption worldwide. Electric scooters have caught significant interest of governments, as a reliable type of light motor vehicles. For encouraging the use of environment friendly vehicles with low emissions, the governments of various countries provide benefits such as reduction in the registration tax and other liabilities. These government policies are responsible for the rise in development and adoption of electric scooter by users in various countries.

However, the E-Scooters Market Share is expected to experience certain restraints in terms of cost, recharging time for batteries, and range anxiety. Range anxiety is due to the lack of abundant electric charging stations.

E-Scooters Market Share is expected to grow at ~7% CAGR during the period 2017 to 2023.

The global E-Scooters Market Share has been segmented on the basis of battery type, product, technology and regions. On the basis of battery type, the market is segmented into sealed lead acid, Li-ion and Ni-MH. Sealed lead acid is expected to dominate the global market by type, in 2016, in terms of market revenue. On the basis of product, the market has been segmented as retro, standing/self-balancing and folding. Among these, standing/self-balancing has accounted the highest market share, in 2016, in terms of revenue. On the basis of technology, the market has been segmented as Plug-in based and Battery based. Among these, Plug-in based has accounted for the highest market share, in 2016, in terms of revenue.

The global market for e-scooters has been categorized in the region of North America, Asia Pacific, Europe and Rest of the World. The E-Scooters Market Share in Europe is expected to grow with highest CAGR. Europe is one of the most visited places where E-Scooters are increasingly becoming the choice of travel, for tourists. In Europe, France is expected to experience significant growth over the forecast period. The E-Scooters Market Share in France is extremely dynamic in nature, and the growth of this market is influenced by the increasing adoption of e-scooters and e-bikes for local commute. According to French government site Legifrance, legal French citizens who are residing in France are encouraged to buy e-scooters and they are offered a subsidy on e-scooters, directly, from the government.

The prominent players in the global E-Scooters Market Share include Gogoro Inc. (Taiwan), Terra Motors Corporation (Japan), Vmoto Limited (Australia), Jiangsu Xinri Electric Vehicle Co. Ltd (China), Amego Electric Vehicles Inc. (Canada), Alta Motors (U.S.), Govecs Group (Germany), Ampere Vehicles Pvt. Ltd (India).

Read More :

https://topsitenet.com/article/333307-e-bike-market-trends-2020/

https://topsitenet.com/article/333325-aluminium-alloys-in-automotive-industry-2020-overview/

https://topsitenet.com/article/333342-automotive-spark-plug-market-research-report-forecast-to-2023/

https://uberant.com/article/752987-auto-bearings-industry-analysis-and-demand-with-forecast-to-2023/

https://uberant.com/article/753459-automotive-metal-stamping-industry-analysis-and-demand-with-forecast-to-2023/