Scooter

Kick Scooter Sharing Market Revenues to Exceed $4 Billion by 2025 - Growing Demand for First and Last-Mile Transportation

Friday, February 21, 2020 - 6:00pm

The increasing demand for a fun first- and last-mile commuting option and rising urban road congestion are driving the progress of the kick scooter sharing market across the world.

Key Points: 
  • The increasing demand for a fun first- and last-mile commuting option and rising urban road congestion are driving the progress of the kick scooter sharing market across the world.
  • On the basis of model, the kick scooter sharing market is bifurcated into multimodal and first- and last-mile.
  • The increasing problem of urban road congestion is another significant kick scooter sharing market growth driver.
  • A lucrative opportunity for the kick scooter sharing market lies in the integration of such services with other mobility modes.

India Two Wheeler Market (2019 to 2024) - Featuring Honda Motorcycle, Scooter India, TVS Motor Company and Bajaj Auto Among Others - ResearchAndMarkets.com

Friday, February 21, 2020 - 4:50pm

The motorcycle segment occupies two-third market share of the two-wheeler market in India, and is followed by the scooters and mopeds segments.

Key Points: 
  • The motorcycle segment occupies two-third market share of the two-wheeler market in India, and is followed by the scooters and mopeds segments.
  • In FY 2019, Hero MotoCorp Limited (formerly Hero Honda Limited) maintained its leadership position in the Indian two-wheeler market, followed by Honda Motorcycle and Scooter India Private Limited.
  • TVS Motor Company Limited and Bajaj Auto Limited maintained the third and fourth positions, respectively.
  • Other significant players in the sector include Eicher Motors Limited, India Yamaha Motor Private Limited, and Suzuki Motorcycle India Private Limited.

Indian Two Wheeler Market Insights, 2019-2024 - Hero MotoCorp Dominated 2019, followed by Honda Motorcycle & Scooter India

Wednesday, February 19, 2020 - 9:45pm

The Indian government's unforeseen announcements regarding the norms of BS-VI transition and the electrification of two-wheelers by 2025 have made the market volatile.

Key Points: 
  • The Indian government's unforeseen announcements regarding the norms of BS-VI transition and the electrification of two-wheelers by 2025 have made the market volatile.
  • The motorcycle segment occupies two-third market share of the two-wheeler market in India, and is followed by the scooters and mopeds segments.
  • In FY 2019, Hero MotoCorp Limited (formerly Hero Honda Limited) maintained its leadership position in the Indian two-wheeler market, followed by Honda Motorcycle and Scooter India Private Limited.
  • Other significant players in the sector include Eicher Motors Limited, India Yamaha Motor Private Limited, and Suzuki Motorcycle India Private Limited.

GoTo Global Expands Its Multimodal Shared Mobility Service

Tuesday, February 18, 2020 - 12:00pm

TEL AVIV, Israel, Feb. 18, 2020 /PRNewswire/ --GoTo, a multimodal shared mobility service, present in 13 cities in 3 countries with over 1.7mn rides in 2019, is adding to its Maltese fleet of 200 cars an addition of 300 electric scooters as it focuses on providing an end-to-end shared mobility service able to become an alternative to private car ownership.

Key Points: 
  • TEL AVIV, Israel, Feb. 18, 2020 /PRNewswire/ --GoTo, a multimodal shared mobility service, present in 13 cities in 3 countries with over 1.7mn rides in 2019, is adding to its Maltese fleet of 200 cars an addition of 300 electric scooters as it focuses on providing an end-to-end shared mobility service able to become an alternative to private car ownership.
  • Introduced to Malta in 2018, over 200,000 trips and 1.8 kilometers were covered using the GoTo cars.
  • Gil Laser, CEO GoTo Global, said: "We are excited to see our vision for an ultimate multimodal mobility experience coming to life with the launch of our scooter fleet in Malta.
  • GoTo Global is a multimodal vehicle sharing service provider with a mission to reduce the number of privately-owned vehicles in cities.

GoTo Global Expands Its Multimodal Shared Mobility Service

Tuesday, February 18, 2020 - 12:00pm

TEL AVIV, Israel, Feb. 18, 2020 /PRNewswire/ --GoTo, a multimodal shared mobility service, present in 13 cities in 3 countries with over 1.7mn rides in 2019, is adding to its Maltese fleet of 200 cars an addition of 300 electric scooters as it focuses on providing an end-to-end shared mobility service able to become an alternative to private car ownership.

Key Points: 
  • TEL AVIV, Israel, Feb. 18, 2020 /PRNewswire/ --GoTo, a multimodal shared mobility service, present in 13 cities in 3 countries with over 1.7mn rides in 2019, is adding to its Maltese fleet of 200 cars an addition of 300 electric scooters as it focuses on providing an end-to-end shared mobility service able to become an alternative to private car ownership.
  • Introduced to Malta in 2018, over 200,000 trips and 1.8 kilometers were covered using the GoTo cars.
  • Gil Laser, CEO GoTo Global, said: "We are excited to see our vision for an ultimate multimodal mobility experience coming to life with the launch of our scooter fleet in Malta.
  • GoTo Global is a multimodal vehicle sharing service provider with a mission to reduce the number of privately-owned vehicles in cities.

PEMCO Poll: Northwest Residents See E-scooters as Safe and Convenient

Wednesday, February 12, 2020 - 5:32pm

The latest PEMCO Insurance Northwest Poll dives into the hot topic of shared e-scooters programs and shows that 47% of Northwest residents believe e-scooters are a practical way for people to get around urban settings more quickly and efficiently.

Key Points: 
  • The latest PEMCO Insurance Northwest Poll dives into the hot topic of shared e-scooters programs and shows that 47% of Northwest residents believe e-scooters are a practical way for people to get around urban settings more quickly and efficiently.
  • Half of Northwest residents (50%) also view these two-wheeled vehicles as at least somewhat safe to ride, while 49% say they are at least somewhat safe to be around.
  • Oregon residents shared similar views with 54% of younger adults reporting that e-scooters are safe to ride and only 40% of older adults agreeing.
  • PEMCO Mutual Insurance commissioned this independent survey, conducted by FBK Research of Seattle, that asked Washington and Oregon residents questions about driving habits and attitudes toward current Northwest issues.

Global Two-wheeler In-wheel Motor Market 2019-2023 | 7% CAGR Projection Through 2023 | Technavio

Monday, February 10, 2020 - 1:30pm

The global two-wheeler in-wheel motor market is expected to post a CAGR of more than 7% during the period 2019-2023, according to the latest market research report by Technavio.

Key Points: 
  • The global two-wheeler in-wheel motor market is expected to post a CAGR of more than 7% during the period 2019-2023, according to the latest market research report by Technavio.
  • View the full release here: https://www.businesswire.com/news/home/20200210005412/en/
    Technavio has announced its latest market research report titled global two-wheeler in-wheel motor market 2019-2023 (Graphic: Business Wire)
    In-wheel motors have all components fitted in the small motor which is installed at the hub of the wheel.
  • In addition, the rising demand for low-powered e-scooters is expected to fuel the growth of the global two-wheeler in-wheel motor market during the forecast period.
  • Global Two-Wheeler In-Wheel Motor Market: Segmentation Analysis
    This market report segments the global two-wheeler in-wheel motor market by application (e-scooter and e-motorcycle) and geography (Americas, APAC, and EMEA).

Global Kick Scooter Market Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies & Forecasts, 2019-2027 - ResearchAndMarkets.com

Friday, February 7, 2020 - 11:44am

Rising health concerns among people worldwide and rising urban road congestion globally will enhance the demand for kick scooter market throughout the forecast period from 2019-2027.

Key Points: 
  • Rising health concerns among people worldwide and rising urban road congestion globally will enhance the demand for kick scooter market throughout the forecast period from 2019-2027.
  • In 2018, North America was dominant in the global kick scooter market backed by Europe and the Asia Pacific.
  • Worldwide, the kick scooter market is increasing at a CAGR of 26.3% for the projected period from 2019 to 2027.
  • North America has the largest share in the global kick scooter market in 2018.

Annual Report: Massive Growth Seen in Food Delivery Services and Scooter Rentals Among Business Travelers

Thursday, February 6, 2020 - 1:00pm

The food delivery category saw the fastest growth, seeing an 86% year-over-year increase in transactions.

Key Points: 
  • The food delivery category saw the fastest growth, seeing an 86% year-over-year increase in transactions.
  • Scooter rentals saw a major increase in use, rising by 222% over 2019.
  • Starbucks was the most expensed food option in 2019, with 24.4% of transactions, and an average cost of $13.23.
  • With dockless scooter rentals up 222% over the year and food delivery transactions rising by 86%, its clear that business travelers place a major emphasis on convenience in all areas of their trip.

Global Scooter Sharing Market Expected to Grow with a CAGR of 24.4% Over the Forecast Period, 2019-2025 - ResearchAndMarkets.com

Wednesday, February 5, 2020 - 2:39pm

The "Scooter Sharing Market Research Report: By Trip, Geographical Outlook - Global Industry Opportunity Analysis and Growth Forecast to 2025" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Scooter Sharing Market Research Report: By Trip, Geographical Outlook - Global Industry Opportunity Analysis and Growth Forecast to 2025" report has been added to ResearchAndMarkets.com's offering.
  • From $99.8 million in 2018, the scooter sharing market is predicted to grow to $553.0 million by 2025, at a 24.4% CAGR during the forecast period (2019-2025).
  • One of the concepts in this regard, which is rapidly becoming popular, is scooter sharing, which lets commuters rent such small vehicles for short-distance traveling.
  • During the forecast period, the scooter sharing market growth in Asia-Pacific (APAC) is predicted to be the most rapid.