The latest intelligence report published by Report Ocean, titled “Global “Electric Kick Scooter Market” “2023: Increase in Demand and Opportunities,” offers valuable insights into the industry. The report provides a comprehensive analysis of research and information from various sources, empowering decision-makers worldwide to make a significant impact on the global economy. With a dynamic vision of the market size, statistics, and competitive landscape, the report presents a complete overview of the industry. It covers future trends, growth factors, consumption, production volume, CAGR value, opinions, profit margin, pricing, and industry-validated market data. This report assists individuals and market competitors in predicting future profitability and making crucial decisions for business growth.
Electric kick is a powered stand-up scooter using an electric motor. It is equipped with rechargeable batteries and has the capability to offer power to one or more electric motors. Kick scooters have emerged as a cost-effective urban commute option in recent times. This is attributed to the sleek design and the ease of use it offers. E-kick scooters are simple to operate, convenient for all age groups, and serve as an environment-friendly means of transportation, in comparison to motored vehicles. These scooters are now being considered as viable transportation option due to their power capacity, long distance range, and moderate speed. The popularity of electric kick scooter is on an increase, due to rapid urbanization and surge in vehicular traffic on streets.
Request To Download Sample of This Strategic Report:- https://reportocean.com/industry-verticals/sample-request?report_id=AMR1821
Factors such as deployment of kick scooters for shared mobility services, surge in popularity of electric vehicles, and rise in awareness regarding the environmental advantages of electric kick scooter and positive government regulations to encourage the use of electric kick scooters are expected to drive the market growth. However, high maintenance as well as the manufacturing cost and ban on use of e-kick scooter in major cities across the world hinder the market growth. Furthermore, rise in R&D investments for enhanced battery technologies and rapid technological advancements in the e-kick scooter industry are expected to offer lucrative opportunities for the market growth.
The electric kick scooter market is segmented into battery type, voltage, and region. By battery type, the market is classified into sealed lead acid (SLA), lithium ion (Li-Ion), and others. By voltage, it is divided into less than 25V, 25V to 50V and more than 50V. By region, it is analysed across North America, Europe, Asia-Pacific, and LAMEA.
The global electric kick scooter market includes players such as GOVECS AG, iconBIT, Jiangsu Xinri E-Vehicle Co., Ltd., Ninebot (Segway Inc.), Ningbo MYWAY Intelligent Technology Co., Ltd. (Inokim), Niu International, Razor USA LLC, SWAGTRON, Xiaomi and YADEA Technology Group Co.
Download Free Sample of This Strategic Report with Industry Analysis: https://reportocean.com/industry-verticals/sample-request?report_id=AMR1821
COVID-19 Impact Analysis:
The COVID-19 pandemic has impacted the overall electric kick scooter industry in 2020. Several electric kick scooter startups, such as Bird and Lime, have laid off employees due to stagnant demand. For instance, Lime laid off 13% of its workforce, saw its valuation fall by 79%, and initially withdrew from virtually all of its foreign markets. Likewise, Bird laid off 30% of its staff in March 2020. After acquiring Middle East-based micro-mobility startup Circ in January 2020, Bird shut down its entire operation in the region in June 2020. Nevertheless, these are short-term consequences of the pandemic and the electric kick scooter industry is expected to gain traction in the near future. Moreover, the market is expected to benefit from the rise in demand for more environment-friendly and hassle-free transportation options, due to an upsurge in demand post-COVID-19, and favorable government policies.
KEY BENEFITS FOR STAKEHOLDERS
– This study presents analytical depiction of the global electric kick scooter market analysis along with current trends and future estimations to depict imminent investment pockets.
– The overall global electric kick scooter market opportunity is determined by understanding profitable trends to gain a stronger foothold.
– The report presents information related to the key drivers, restraints, and opportunities of the global electric kick scooter market with a detailed impact analysis.
– The current global electric kick scooter market is quantitatively analyzed from 2020 to 2028 to benchmark the financial competency.
– Porter’s five forces analysis illustrates the potency of the buyers and suppliers in the industry.
?
KEY MARKET SEGMENTS
By Battery Type
o Sealed Lead Acid (SLA)
o Lithium Ion (Li-Ion)
o Others
By Voltage
o Less than 25V
o 25V to 50V
o More than 50V
By Region
o North America
? U.S.
? Canada
? Mexico
o Europe
? Germany
? France
? Netherlands
? Italy
? Rest of Europe
o Asia-Pacific
? China
? Japan
? India
? Australia
? Rest of Asia-Pacific
o LAMEA
? Latin America
? Middle East
? Africa
To know How COVID-19 and Russia-Ukraine War Influence Will Impact This: https://reportocean.com/industry-verticals/sample-request?report_id=AMR1821
Table of Contents:
- Introduction and Scope
- Definition and Forecast Parameters
- Methodology and Forecast Parameters
- Information Sources
- Latest Trends Summary
- Regional Trends
- Product Trends
- End-Use Trends
- Business Trends
- Industry Insights
- Industry Fragmentation
- Industry Landscape
- Vendor Matrix
- Technological and Innovative Landscape
- Market by Region
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East and Africa
- Company Profiles
- Company Overview
- Financial Elements
- Product Landscape
- SWOT Analysis
- Systematic Outlook
Market Dynamics:
Drivers:
- Increasing emphasis on self-care and wellness, particularly among women. A
- Growing awareness of the health and beauty benefits offered by dietary supplements.
- Rising disposable incomes and willingness to invest in premium health and beauty products.
- Influence of social media and beauty influencers shaping consumer preferences.
- Changing lifestyles and health concerns driving the demand for supplementary nutrition.
Restraints:
- Lack of regulatory oversight and quality control in the supplements industry.
- Consumer skepticism and confusion regarding product claims and effectiveness.
- Potential risks and interactions with other medications or health conditions.
- Limited accessibility and affordability of supplements in certain regions.
Opportunities:
- Increasing demand for natural and organic supplements.
- Untapped market potential in the Asia-Pacific region.
- Development of innovative formulations and delivery methods.
- Collaborations with beauty brands or influencers for product endorsements.
- Integration of technology to personalize nutrition and enhance consumer experience.
Challenges:
- Intense competition among market players.
- Navigating regulatory complexities and meeting regional standards.
- Building trust and credibility with consumers.
- Educating consumers about the benefits and proper usage of supplements.
- Addressing concerns and skepticism regarding the safety and efficacy of supplements.
The report will include answers to the following key questions:
- What are the key current trends that can impact the product life cycle and return on investment?
- How do regulatory changes affect corporate, business, and functional strategies?
- Which initiatives by major players in micromarketing are likely to attract investment?
- What are the recommended frameworks and methodologies for conducting PESTLE analysis?
- In which areas are there emerging opportunities for growth and development?
- Which game-changing technologies will be instrumental in capturing new revenue streams in the near future?
- What operational and tactical frameworks are different players adopting to foster customer loyalty?
- What is the current level of market rivalry, and what is the expected degree of competition in the coming years?
Request full Report: https://reportocean.com/industry-verticals/sample-request?report_id=AMR1821
About Report Ocean:
We are the best market research reports provider in the industry. Report Ocean is the world’s leading research company, known for its informative research reports. We are committed to providing our clients with both quantitative and qualitative research results. As a part of our global network and comprehensive industry coverage, we offer in-depth knowledge, allowing informed and strategic business conclusions to report. We utilize the most recent technology and analysis tools along with our own unique research models and years of expertise, which assist us to create necessary details and facts that exceed expectations.
Get in Touch with Us:
Report Ocean:
Email:sales@reportocean.com
Address: 500 N Michigan Ave, Suite 600, Chicago, Illinois 60611 – UNITED STATES
Tel:+1888 212 3539 (US – TOLL FREE)
Website:https://reportocean.com