Scooters Market Size to grow by USD 17.7 billion between 2024-2028
Technavio, a leading provider of market research reports, has released its latest study on Scooters Market. This report offers a comprehensive analysis of the current market trends, emerging opportunities, and key challenges.
Key Highlights:
The market size is estimated to grow by USD 17.7 billion, at a CAGR of 9.48% during the forecast period. In the dynamic market for high-performance electric scooters, manufacturers are responding to key drivers of growth, including declining battery prices, minimal operating and maintenance expenses, and government subsidies and incentives. These factors have fueled the development of high-performance electric two-wheelers, such as models with a motor output of 48 hp (35 kW) at 4,650 rpm, delivering immediate torque and a riding range of up to 99 miles or a top speed of 80 mph. Major players in the motorcycle industry have initiated efforts to produce these high-performance electric scooters, capitalizing on the market's potential.
For insights on company offerings- Request a sample report!
In the dynamic business landscape of the scooters market, our company remains a leading player, delivering high-quality and innovative solutions. Leveraging advanced technology and design, we cater to diverse consumer needs, ensuring optimal performance and safety. Our commitment to customer satisfaction and sustainable business practices sets us apart, driving consistent growth and market leadership.
About Technavio
Technavio is a global market research company offering comprehensive reports and insights on various industries. Our research helps businesses make informed decisions by providing actionable data and trends. Technavio is based on four simple principles: easy-to-access reports, robust industry coverage, a focus on new and emerging technologies, and competitive pricing. We believe in helping companies and executives become better equipped to make faster, sounder, and more effective decisions. Technavio is one of the most influential market research and advisory firms in the world. We work with business and technology leaders to provide cutting-edge market research and insights to companies.
Contacts
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/