World Electric Scooters Market Analysis to 2030: 24V, 36V, 48V, and Greater Than 48V
The global electric scooter market size is expected to reach USD 28.56 billion by 2025 at a 7.3% CAGR during the forecast period.
- The global electric scooter market size is expected to reach USD 28.56 billion by 2025 at a 7.3% CAGR during the forecast period.
- Growing demand for fuel-efficient vehicles over shorter distances, rising carbon and greenhouse gas emissions, and government initiatives encouraging adoption of green vehicles are expected to drive the electric scooters market.
- Favorable demographic conditions and ease of transportation have also fueled demand for electric scooters across the globe.
- The market for electric scooters is however, witnessing some challenges owing to new traffic laws being framed by regulatory bodies in lieu of public safety.