North America Electric Kick Scooters Market By Battery (Lithium-Ion (Li-Ion), Sealed Lead Acid (SLA) and Nickel Metal Hydride (NiMH)), By Voltage (36V, Below 24V, 48V and Greater than 48V), By Country, Industry Analysis and Forecast, 2020 - 2026
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Market Report Description
The North America Electric Kick Scooters Market would witness market growth of 12% CAGR during the forecast period (2020-2026). Increasing carbon emissions because of fuel-based vehicles have been a major concern for government authorities across the world. Electric kick scooters are a feasible, eco-friendly alternative for short-distance commutes, creating lucrative growth opportunities during the forecast period. Moreover, regulatory bodies focus on smart city development; electric transportation alternatives such as e-scooters, which are anticipated to gain considerable traction, though at a slower pace than passenger vehicles/buses. In addition to providing environmental advantages, these scooters are super-quiet, making them a suitable option for cities looking for a solution to the increasing problem of noise pollution. As electric kick scooters work on batteries, they do not directly add to any carbon or greenhouse gas emissions.
Governments around the world have prepared various policies in order to expand the penetration of electric scooters by providing numerous advantages to consumers and manufacturers in the form of subsidies. Favorable research and development initiatives are a key growth factor. For example, in the U.S., the Corporate Average Fuel Economy (CAFé) standards are encouraging the adoption of energy-effective automobiles by formulating regulations for improving the utilization of alternative fuel vehicles and to decrease the fossil fuel consumption. In a similar manner, the Canadian government is creating a regulation to decrease the greenhouse gas emissions of the country and to raise the number of zero-emission vehicles. Also, the huge adoption of scooter-sharing services has increased the demand for battery-powered two-wheelers. This, as a result, develops an extremely beneficial environment for growth.
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 U.S., Mexico, Canada, and Rest of North America.
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).
Scope of the Study
Market Segments Covered in the Report:
- Lithium-Ion (Li-Ion)
- Sealed Lead Acid (SLA)
- Nickel Metal Hydride (NiMH)
- Below 24V
- Greater than 48V
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- 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.
- Govecs AG (DQuadrat Real Estate GmbH)
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