According to a market report by Lucintel, the future of the global scooter market looks promising with opportunities in the commercial and individual markets. The global scooter market is expected to reach an estimated $54 billion by 2030 from $27 billion in 2023 at a CAGR of 10% from 2023 to 2030. The major drivers for this market are increasing urbanization and traffic congestion in cities drive demand for scooters as a convenient and efficient mode of transportation, high fuel costs encourage consumers to opt for fuel-efficient and economical transportation options like scooters., and growing awareness of environmental issues and the push for greener transportation alternatives boost the adoption of electric scooters.
A more
than 150-page report to understand trends, opportunity and forecast in global scooter
market to 2030 by propulsion type (ice (internal combustion engine) and
electric), application (commercial and
individual), size (classic, mid-size, and full-size), and region (North
America, Europe, Asia Pacific, and the Rest of the World).
Lucintel
forecasts that ice (internal combustion engine) will remain the largest segment
over the forecast period.
Within
this market, individual will remain the largest segment.
Download
sample by clicking on scooter market.
Hero
MotoCorp, Yamaha Motor Corporation, Honda Motor Company, Suzuki Motor
Corporation, Piaggio Group, TVS Motor Company, Haojue, NIU Technologies, Yadea
Technology Group, Terra Motors Corporation are the major suppliers in the scooter market.
This unique research
report will enable you to make confident business decisions in this globally
competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost
visit Lucintel's Analytics
Dashboard.
About Lucintel
At Lucintel, we offer solutions for
you growth through game changer ideas and robust market &
unmet needs analysis. We are based in
Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20
years. We are quoted in several publications like the Wall Street Journal,
ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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