Electric Scooters Market: By Product Type (Retro, Standing/Self-Balancing, Folding, Others) By Battery Type (Sealed Lead Acid, NiMHLi-Ion) By Voltage Type (24V, 36V, 48V, Greater than 48V) and By Geography  

Electric Scooters Market size was expected to be valued at USD 21,600.9 million in 2022 and growing at a CAGR of 8.0% over the forecast period by 2023 to 2029. The growing need for fuel-efficient cars, backed by growing questions about carbon and greenhouse gas emissions manufacturers are introducing a range of new stylish models to lure more customers act, as drivers for global market. Increasing road accidents and high cost are the few variables which act as restrains and hung the global market. Governments across the globe have formulated a variety of initiatives to increase the popularity of global electric scooters market. This report studies dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Due to their reliance on international procurement for the ingredients and components of batteries, e-scooters have become particularly vulnerable. The initial cost of e-vehicles is also higher than that of their gas-powered and hybrid counterparts, which has a negative impact on the industry's growth in rising nations around the world.