An electric kick scooter is a motorized kick scooter that is powered by rechargeable batteries. It’s defined as a type of micro-mobility, with the rider in the center. It is a versatile, adaptable, environmentally sustainable, and fashionable form of transportation. Furthermore, compared to motored vehicles, it is simple to operate, suitable for all age groups, and acts as an environmentally beneficial mode of transportation. As a result, the use of e-scooters is becoming more popular in densely crowded cities all over the world.
Customers regard them as a viable alternative to electric bikes or electric bicycles. Because of their compact size, these scooters aid in reducing traffic congestion, achieving higher speeds with less effort, and reaping the benefits of health benefits. These factors contribute to the increased popularity of electric kick scooters around the world.
Major Trends Observed in the Electric Kick Scooters Market
The electric kick scooters market has enormous growth potential over the forecast period, owing to raising public awareness about carbon and greenhouse gas emissions. Furthermore, the growing popularity of electric automobiles and increased awareness about the environmental benefits of automotive electric scooters are affecting the market growth. Another driver of market expansion is the increasing use of sharing services and technological advancement in the production of solar-powered electric vehicles.
Rapid technical improvements in the kick scooter industry, as well as increased R&D investments for better battery technologies and rising government policies and norms to reduce pollution levels, would provide further growth prospects for the electric kick scooters market. Furthermore, the startup organizations in the electric scooter allotment company are collaborating with the top manufacturing companies to expand their client base and pick up product assistance in the market.
COVID-19 Impact on Electric Kick Scooters Market
The COVID-19 pandemic had a negative impact on general micro-mobility manufacturing. Because of the low demand, a number of businesses in this industry, such as Bird & Lime, use unpaid workers. Nonetheless, these are the pandemic’s short-term implications. Manufacturing of micro-mobility is expected to resume in the near future. Because of the anticipated increase in demand during the pandemic, as well as the government’s supportive approach, it is likely to benefit from the growing desire for more eco-friendly as well as stress-free transportation options.
Regional Scenario for Electric Kick Scooters Market
As a result of the growing demand for environmentally friendly modes of transportation and rapidly expanding charging infrastructure, the electric kick scooter industry in North America is expected to emerge as a very profitable local market. A gradual but steady shift toward electric kick scooters for short-distance transport will most likely result in a broader acceptance. Furthermore, the expanding consumer awareness and acceptance, as well as the need to reduce carbon footprints by replacing the existing convoy of scooters with their electric counterparts, are expected to provide market expansion prospects in the near future.
Deep-dive Insights on Electric Kick Scooters Market by Polaris Market Research: https://www.polarismarketresearch.com/industry-analysis/electric-kick-scooters-market/request-for-sample