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 2024,at a CAGR of 10% from 2024 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 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.
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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 [email protected]To get access of more than 1000 reports at fraction of cost visit Lucintel'sAnalytics Dashboard.
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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: [email protected]
Tel. +1-972-636-5056
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