The article cited AMA's Global Electric Kick Scooters (E-Scooters) Market Study explored substantial growth with CAGR of %. According the report, Growing Market for E-scooter in Emerging Countries is one of the primary growth factors for the market. Tax Concession on Eco-friendly Vehicles
is also expected to contribute significantly to the Electric Kick Scooters (E-Scooters) market. Overall, applications of Electric Kick Scooters (E-Scooters), and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The presence of players such as Xiaomi (China), Segway LLC (Ninebot) (United States), RAZOR USA LLC (United States), WUS TECH (VIET NAM) CO.,LTD (Taiwan), Inboard Technology Inc. (United States), FiiK Skateboards Pty Ltd (Australia), Ofo (China), Mobike (China), SWAGTRON (United States) and EcoReco Electric Scooter (United States) may see astonishing sales in this Market and certainly improve revenue growth.
The , such as , is boosting the Electric Kick Scooters (E-Scooters) market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
AMAs Analyst on the Global Electric Kick Scooters (E-Scooters) market identified that the demand is rising in many different parts of the world as "Focus on Manufacturing Lightweight Vehicles". Furthermore, some recent industry insights like "In December 2023, Voi introduced the Voiager 5, an e-scooter with advanced safety features, including integrated turn signals and automatic braking. This launch highlighted the increasing focus on incorporating safety features into e-scooters to address public concerns and regulations." is constantly making the industry dynamic. One of the challenges that industry facing is "High Cost of Composite Raw Materials Used for E-scooter Manufacturing and Limited Battery Power and lack of Charging Stations"
The report provides an in-depth analysis and forecast about the industry covering the following key features:
Detailed Overview of Electric Kick Scooters (E-Scooters) market will help deliver clients and businesses making strategies. Influencing factors that thriving demand and latest trend running in the market What is the market concentration? Is it fragmented or highly concentrated? What trends, challenges and barriers will impact the development and sizing of Electric Kick Scooters (E-Scooters) market SWOT Analysis of profiled players and Porter's five forces & PEST Analysis for deep insights. What growth momentum or downgrade market may carry during the forecast period? Which region may tap highest market share in coming era? What focused approach and constraints are holding the Electric Kick Scooters (E-Scooters) market tight? Which application/end-user category or Product Type [Three-Wheeled, Two-wheeled electric kick scooter, Foldable Electric Scooters, Off-Road Electric Kick Scooter and Fat Tires Electric Kick Scooter] may seek incremental growth prospects? What would be the market share of key countries like Germany, USA, France, China etc.?
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Electric Kick Scooters (E-Scooters) market and other related sub-markets covered in the study.
o Key & emerging players in the Electric Kick Scooters (E-Scooters) market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Electric Kick Scooters (E-Scooters) market size is calculated using market estimation process, the Electric Kick Scooters (E-Scooters) market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Electric Kick Scooters (E-Scooters) market size has been validated using both top-down and bottom-up approaches.