New York, According to a new market research report published by Global Insight Services “Compact E-Scooter Market” is expected to reach US$ XX bn by 2031. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
A compact e-scooter is a small, lightweight, and portable electric scooter. It is designed for easy storage and transportation, and can be used for short-distance travel. Compact e-scooters typically have a maximum speed of 15 miles per hour and a range of 20-30 miles. They are powered by a lithium-ion battery, and can be recharged in 4-6 hours.
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Key Trends
The key trends in Compact E-Scooter technology are:
1. Increased range and power: Newer models of compact e-scooters have increased range and power, making them more suitable for longer commutes.
2. Improved portability: Many newer models of compact e-scooters can be easily folded or collapsed, making them more portable and convenient to store.
3. Enhanced safety features: Some newer models of compact e-scooters come equipped with enhanced safety features such as LED headlights and taillights, horns, and reflectors.
Key Drivers
There are several key drivers of the Compact E-Scooter market. Firstly, the rising cost of fuel and the growing awareness of the environmental impact of emissions from gasoline-powered vehicles is leading many consumers to seek out more fuel-efficient alternatives.
Secondly, the compact size and maneuverability of e-scooters makes them an attractive option for city dwellers who need to navigate crowded streets and tight spaces.
Finally, the relatively low cost of ownership and operation of e-scooters compared to cars or motorcycles makes them a appealing option for budget-conscious consumers.
Market Segments
The Compact E-Scooter Market is segmented into type, range, number of wheels, and region. By type, the market is divided into small (less than 110 cm), medium (110-150 cm), and large (more than 150 cm). By range, it is classified into less than 10 miles, 10-20 miles, and more than 20 miles. By number of wheels, it is bifurcated into three wheeler and four wheeler. Region-wise, the market is segmented into North America, Europe, Asia-Pacific, and the Rest of the World.
Key Players
The Compact E-Scooter Market report includes players such as Afikim Electric Vehicles, Amigo Mobility International Inc., Drive Medical Design and Manufacturing, EV Rider LLC., Golden Technologies Inc., Hoveround Corp., Merits Co. Ltd., Pride Mobility Products, Quingo, and Sunrise Medical.
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Reasons to buy Compact E-Scooter Market Report:
• Develop comprehensive understanding of market landscape – industry structure, value-chain, key players, trends, drivers, and challenges
• Drive revenue and market-entry strategy by gaining insights into which segments and geographies are largest and likely to grow fastest
• Formulate sales and marketing strategies by gaining understanding of competitors, their positioning, and strengths & weaknesses
• Develop business and M&A strategies through understanding of latest trends and emerging players in the market
• Refine your business plans by understanding impact of disruptions such as Covid-19 and Russia-Ukraine conflict on the market
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