The Asia Pacific Electric Kick Scooters Market would witness market growth of 12.4% CAGR during the forecast period (2020-2026). The other names of the electronic scooter are electric kick scooter or a motorized scooter, which is considered as a stand-up scooter that has an in-built electronic motor. They are labeled as a form of micro-mobility, where the rider stands in the center. The growing penetration of cost-efficient electric scooter services around the world is expected to push the market growth. Electric scooters play an important role in the maintaining the healthy and safer environment. Pollution caused by vehicle emissions has been increasing; and hence, people have started adopting eco-friendly modes of communication, which has resulted in the increased utilization of e-scooters.
The increasing health awareness combined with the emergence of new & advanced technological developments in the kick scooter is the significant driving force behind the growth of the global kick scooter market. The rising prominence of kick scooters among millennials and increasing obesity & overweight disease among adults globally are further anticipated to encourage the growth of the market. The increasing demand for kick scooters from the Asia Pacific region is expected to boost the growth of the electric kick scooters market during the forecast period. The kick scooter has various advantages like low maintenance price, aids in fat-reduction, muscle development, save time in traffic, and others are anticipated to push the market demand during the forecast period.
Based on Battery, the market is segmented into Lithium-Ion (Li-Ion), Sealed Lead Acid (SLA) and Nickel Metal Hydride (NiMH). Based on Voltage, the market is segmented into 36V, Below 24V, 48V and Greater than 48V. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: Electric Kick Scooters Market in Asia Pacific is expected to register a CAGR of 12.4% during the forecast period (2020-2026)
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Xiaomi Corporation, Yadea Technology Group Co., Ltd., Jiangsu Xinri E-Vehicle Co., Ltd., Golabs, Inc. (GOTRAX), Bird Rides, Inc., Swagtron (Zake IP Holdings, LLC), Segway, Inc. (Ninebot), IconBIT GmbH, Zhejiang Okai Vehicles Co., Ltd., and Govecs AG (DQuadrat Real Estate GmbH).
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