An exciting new study from the team of Lucintel found that electric scooter market is expected to reach $16.4 billion by 2025 with a CAGR of 1.2%. There are significant money making opportunities available in this market and companies planning to enter this market need to differentiate in order to maximize their return on investment.
The global Electric Scooter Market is estimated to be valued at US$ 19.30 billion in 2023 and is projected to reach US$ (incorporate given market value for 2023) billion by 2023, growing at a CAGR of (incorporate given CAGR) over the forecast period. Electric scooters offer numerous advantages including zero emissions, quiet operation, and cost-effectiveness. The growing ... Read more
With growing concerns over traffic congestion and pollution levels, electric scooters have emerged as a sustainable alternative for last-mile connectivity in urban areas. Electric scooters offer affordable, convenient and eco-friendly transportation solutions with zero tailpipe emissions. These scooters are also being increasingly used by shared mobility service providers for first and last-mile connectivity of public transportation systems.
