Global Scooter Market 2023-2029
Scooters are popular for their simplicity, low cost, and fuel efficiency. They are easy to park and maneuver in traffic, making them a great option for commuting in urban areas with heavy traffic. Scooters can also be a fun and economical way to travel short distances, especially in cities. The global scooter market is anticipated to increase by USD 1.9 billion till 2029 at an average annual growth of 0.9 percent as per the latest market estimates.
The report covers market size and growth, segmentation, regional breakdowns, competitive landscape, trends and strategies for global scooter market. It presents a quantitative analysis of the market to enable stakeholders to capitalize on the prevailing market opportunities. The report also identifies top segments for opportunities and strategies based on market trends and leading competitors’ approaches.
This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the type, and region. The global market for scooter can be segmented by type: normal scooters, electric scooters. The electric scooters segment held the largest share of the global scooter market in 2022 and is anticipated to hold its share during the forecast period. Scooter market is further segmented by region: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America. Globally, Asia-Pacific made up the largest share of the scooter market.
The electric scooters market is further segmented into conventional electric scooters, swappable battery electric scooters. In 2022, the conventional electric scooters segment made up the largest share of revenue generated by the scooter market.
Market Segmentation
By type: normal scooters, electric scooters
By region: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America
The report also provides a detailed analysis of several leading scooter market vendors that include Gogoro, Inc., Hero MotoCorp Ltd., Honda Motor Co., Ltd., Niu Technologies, Piaggio & C. SpA., Suzuki Motor Corporation, TVS Motor Company, Yadea Technology Group Co., Ltd., Yamaha Motor Company, among others. In this report, key players and their strategies are thoroughly analyzed to understand the competitive outlook of the market.
Scope of the Report
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
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