Aishwarya Bhasme
by on January 18, 2024
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Electric Kick Scooter Market size is projected to grow at a CAGR of 13.9% through 2030 and is currently valued at US$4.90 Bn in 2023. The Electric Kick Scooter Market is expected to become $ 12.18 Bn by 2030.

Electric Kick Scooter Market Overview:

Technological advancements and changing industrial demands are driving a dynamic shift in the Electric Kick Scooter market. The industry's growing emphasis on improving metal attributes like durability, corrosion resistance, and aesthetics is largely due to the importance of the Electric Kick Scooter industry. Electric Kick Scootering companies in the market are always coming up with new ideas to create state-of-the-art surface treatment solutions that not only satisfy strict industry requirements but also take environmental concerns into account. New methods for using Electric Kick Scooters that reduce the use of dangerous materials have been developed as a result of the increased focus on environmentally friendly and sustainable practices. This shift in the market is indicative of a larger industry commitment to finding a balance in metal finishing processes between longevity, performance, and environmental responsibility.

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Electric Kick Scooter Market Scope:

The market for Electric Kick Scooters is growing as more and more industries realize how important surface treatments are to improving the functionality and durability of metal parts. Advanced metal finishing solutions are seeing a boom in demand from a variety of industries, including automotive, aerospace, electronics, and construction. The demand for better conductivity, corrosion resistance, and aesthetic appeal is driving the expansion of the Electric Kick Scooter industry. Furthermore, the introduction of novel technologies and procedures is expanding the horizon by providing customized solutions to satisfy the various demands of various industries.The Electric Kick Scooter market is expected to grow due to improvements in materials science and rising consumer awareness of the advantages of premium surface treatments, as manufacturers look to streamline their operations and satisfy exacting quality requirements.

Electric Kick Scooter Market Segmentation:

Through Battery Outlook Lead acid battery-powered electric kick scooters are typically less expensive, but they require more time to charge and have a smaller range. On the other hand, consumers favor electric kick scooters that run on lithium-ion (Li-ion) batteries because they are lighter, have a longer range, and require less time to charge.

By End User: Electric kick scooters are a practical and environmentally responsible way to get around town or for leisure when using them for personal transportation. Commercial applications for electric kick scooters include last-mile delivery services and urban rental programs.

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Electric Kick Scooter Market Key Players:

Secondary research is used to identify market  Electric Kick Scooterers, while primary and secondary research is used to establish market revenue. Secondary research comprised a review of the  Electric Kick Scootering manufacturers’ annual and financial reports, whilst primary research included thorough interviews with key opinion  Electric Kick Scooterers and industry specialists such as experienced front-line personnel, CEOs, and marketing executives. Secondary sources are used to calculate percentage splits, market shares, growth rates, and worldwide market breakdowns, which are then validated using primary sources.

The biggest players in the  Electric Kick Scooter market are as follows:

North America:
1. Bird (USA)
2. Razor (USA)
3. Zero Motorcycles Inc. (USA)

Europe:
1. Mellow Boards GmbH (Germany)
2. Schneider Electric SE (France)

Asia Pacific:
1. AIMA (China)
2. Aucma (China)
3. Birdie Electric (China)
4. Bodo (China)
5. Byvin (China)
6. Gamma (China)
7. Incalcu (China)
8. Lima (China)
9. Lvneng (China)
10.Lvyuan (China)
11.Maytech (China)
12.Ninebot (China)
13.Nine Co. Ltd. (China)
14.QS MOTORS Ltd. (China)
15.Satori (China)
16.Slane (China)
17.Sunra (China)
18.Tailing (China)
19.Xiaomi (China)
20.NSK Ltd. (Japan)
21.Yamaha (Japan)

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Electric Kick Scooter Market Regional Analysis:

Individual market influencing components and changes in market legislation that affect current and future market trends are also covered in the  Electric Kick Scooter market study’s regional overview. Current and future trends are investigated in order to analyze the overall market potential and find profitable patterns in order to get a more firm footing. The geographical market evaluation is based on the current environment and anticipated trends.

COVID-19 Impact Analysis on  Electric Kick Scooter Market:

End-user industries where  Electric Kick Scooter are utilized saw a decline in growth from January 2020 to May 2020 in a number of countries, including China, Italy, Germany, the United Kingdom, and the United States, as well as Spain, France, and India, due to a pause in operations. This resulted in a significant drop in the revenues of enterprises in these industries, as well as in demand for  Electric Kick Scooter manufacturers, affecting the  Electric Kick Scooter market’s growth in 2020. End-user business demand for  Electric Kick Scooter has plummeted as a result of lockdowns and an increase in COVID-19 events throughout the world.

Key Questions Answered in the  Electric Kick Scooter Market Report are:

  • In 2021, which segment accounted for the most share of the  Electric Kick Scooter market?
  • What is the competitive landscape of the  Electric Kick Scooter market?
  • What are the key factors influencing  Electric Kick Scooter market growth?
  • In the  Electric Kick Scooter market, which region has the most market share?
  • What will be the CAGR of the  Electric Kick Scooter market during the forecast period (2022-2027)?

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