Electric Scooter Market Worth $644.5 Billion by 2028, Growing at a CAGR of 29.4% from 2021 -- Exclusive Report by Meticulous Research - Seite 2
Based on power output, the electric scooter market is segmented into less than 3.6kW, 3.6kW to 7.2kW, and 20kW to 100 kW. In 2021, the less than 3.6kW segment is expected to account for the largest share of the overall electric scooter market. Factors such as increasing adoption of e-scooters & bikes for urban commute and recreational activities, rising initiatives by government authorities for increasing adoption of e-scooters & bikes, and increasing investments by ride-hailing companies for deploying e-scooters & bikes for micromobility are driving the growth of this segment.
On the basis of battery technology, the electric scooter market is segmented into sealed lead-acid, lithium-ion, and lithium-ion polymer. In 2021, the lithium-ion segment is expected to account for the largest share of the overall electric scooter market. Factors such as high energy density of lithium-ion, decreasing price of lithium-ion batteries, high energy efficiency, good high-temperature performance, and low self-discharge are driving the growth of this segment.
Based on motor type, the electric scooter market is segmented into hub and mid-drive motors. In 2021, the hub motors segment is expected to account for the larger share of the overall electric scooter market, followed by mid-drive motors. Factors such as increased power/speed, high torque, extended range per charge, and better vehicle handling due to lightweight design are contributing towards the growth of this segment.
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Based on charging type, the electric scooter market is segmented into connector and wireless charging. In 2021, the connector segment is expected to account for the largest share of the overall electric scooter market. Factors such as low quick charging and low set-up cost are driving the growth of this segment.
Based on end user, the electric scooter market is segmented into government institutions, academic institutes/universities, business organizations, micromobility service providers, and individuals. In 2021, the business organizations segment is expected to account for the largest share of the overall electric scooter market. Factors such as increasing government subsidies and support to promote electric mobility across the globe, increasing use of e-scooters & bikes by courier and e-commerce delivery personnel, and the growing implementation of mobility-as-a-service are driving the growth of this segment.
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