APAC is expected to dominate the industry throughout the predicted period and accounts for about 82% shares of the global battery market for e-scooters.
As the automotive industry is growing, the uncertainty over the adoption of electric scooters is gaining importance as manufacturers are developing strategies to realize the full potential of the evolving electric two-wheeler industry. The role electric scooters are portraying in meeting the standards for zero emissions are enabling the vendor to undertake a pragmatic step in reducing the emission gap by 2020. The consumption of electricity in these vehicles can be managed with proper planning by utilities, which is further mitigated by evolving technologies such as solar-powered vehicles and vehicle-to-grid.
The global E-Scooters Market is being majorly driven by factors such as the low maintenance of the e-scooters by eliminating the periodic servicing requirements, the introduction of various regulations by the government all over the globe for promoting the use of electric vehicles such as e-scooters, and the increasing concerns for carbon emission in the environment. The development of smart cities, across the globe along with the tax concessions on eco-friendly vehicles, is also driving the growth of the market. However, the growth of the market is expected to be restrained by the lack of charging infrastructure for promoting the use of e-scooters. APAC is expected to dominate the industry throughout the predicted period and accounts for about 82% shares of the global battery market for e-scooters. This region is the largest market for e-scooters and China is the major contributor to the market.
The global Battery for E-scooters market is valued at XX million US$ and will reach 21700 million US$ by the end of 2025, growing at a CAGR of XX% during 2019-2025.
Global Battery for E-scooters Market Professional Survey Report 2019 (Updated April) is a professional and in-depth study and available exclusively through Trusted Business Insights. Annual estimates and forecasts are provided for the period 2018 through 2025. Also, a five-year historic analysis is provided for these markets in this 122 pages report.
This market report provides in-depth analytics of the Battery for E-scooters industry including definition, classification, application and industry chain structure. The report focuses on global major leading industry players with information such as company profiles, product picture and specifications, sales, market share, and contact information.
Battery for E-scooters market report includes an in-depth analysis of the competitive landscape of this business vertical, constituting companies like:
Kingbopower Technology (KBP)
Shenzhen OptimumNano Energy (Optimum)
Shenzhen Believe Technology (Shenzhen)
Products Segmentation, this report displays the production, revenue, price, market share, and growth rate of each type as below:
By Industrial Application, the market can be split into:
Market Segment by Regions includes:
- North America (the USA, Canada, and Mexico)
- Europe (Germany, France, UK, Russia, and Italy)
- Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
- South America
- Middle East and Africa.
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