Electric Scooter Market Size To Reach $51,324 Million By 2026
                     Electric Scooter Market
Set to Exceed USD 51,324 million by 2026| CAGR 12.8%
“Electric Scooter Market [By Type (Plug-in, Battery-based) 
By Product (Retro, Self-balancing, Folding); By Battery Type 
(Lead-acid, Li-ion, NiMH, Others); By Voltage (24V, 36V, 48V, 
Others); By Region]: Market Size & Forecast, 2018 – 2026”
Electric Scooter Market Estimate & Forecast to 2026
According to a new research published by Polaris Market Research the electric scooter 
market is anticipated to reach over USD 51,324 million by 2026. In 2017, the retro product 
segment dominated the global market, in terms of revenue. Asia-Pacific is expected to be 
the leading contributor to the global market revenue during the forecast period.
Several stringent vehicular emission norms passed by governments worldwide have boosted 
the adoption of electric scooters. Growing concerns regarding environment, depleting fuel 
resources, and increasing need to reduce fuel consumption further support the growth of 
this market. Additionally, the increasing acceptance and high success rates of electric cars 
have encouraged market players to apply similar technologies in the two wheeler segment 
and optimize performance. Increasing investments by vendors in technological 
advancements coupled with decreasing prices of Li-ion batteries and powertrain 
components would reduce the overall cost of these vehicles in the coming years, further 
boosting the market growth
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Electric Scooter Market Scope
By Type By  Product By Battery Type By Voltage By Region Report Attributes
 Plug-in  Retro  Lead-acid  24V  North America  Historic year: 2015-2017
 Battery-based  Self-balancing  Li-ion  36V  Europe  Base year: 2018
 Folding  NiMH  48V  Asia Pacific  Forecast Year: 2019-2026
 Others  Others  Latin America Middle  Revenue (USD Million)
East & Africa 
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Electric Scooter Market Estimate & Forecast to 2026
The different battery types used in electric scooters include lead-acid, li-ion, NiMH, and 
others. In 2017, the lead-acid segment accounted for the highest market share. Lead-acid 
batteries are commonly used as a source of battery in electric scooters. They are 
comparatively cheaper than other batteries but offer low kilowatt-hours of energy storage 
per kilogram of weight. These batteries are inexpensive, reliable, and safe. However, these 
batteries offer low specific energy, short life cycle, and poor cold-temperature performance, 
which restrict its use in major applications. These batteries could be easily replaced by 
lithium-ion batteries in the coming years, however, automakers use it in vehicles owing to 
its low cost.
The well-known companies profiled in the report include Honda Motor Co. Ltd., 
Brammo, Inc., AllCell Technologies, LLC, Mahindra GenZe, Terra Motors Corporation, Yamaha 
Motor Company Limited, Suzuki Motor Corporation, KTM AG, Peugeot Scooters, Jiangsu Xinri 
E-Vehicle Co. Ltd., Green Energy Motors Corp., and BMW Motorrad International among 
others. These companies launch new products and collaborate with other market leaders to 
innovate and launch new products to meet the increasing needs and requirements of 
consumers.
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Electric Scooter Market Size
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