Press Release

E Scooter Market to Grow with a CAGR of 8.31% in China through to 2028

The China E-Scooter Market is primarily driven by the pressing issues of urban congestion and pollution, as the population gravitates toward eco-friendly and convenient electric scooters to alleviate traffic challenges and reduce environmental impact. Government incentives and regulations further propel the market's expansion by promoting electric mobility through subsidies and favorable policies, making E-scooters a cost-effective and sustainable transportation solution for consumers.  

 

According to TechSci Research report, “China E Scooter Market - Industry Size, Share, Trends, Competition Forecast & Opportunities, 2028”, the China E Scooter Market stood at USD 8.2 Billion in 2022 and is anticipated to grow with a CAGR of 8.31% in the forecast period, 2024-2028. The China E Scooter market is predominantly driven by several key factors. One significant driver is the increasing urbanisation and population density, which has resulted in traffic congestion, prompting people to seek more efficient modes of transport like E Scooters. Additionally, the rapid growth of mega-cities in China, such as Beijing and Shanghai, has created a greater need for convenient and sustainable transportation options, further fueling the demand for E Scooters.

Another major driver is the growing environmental consciousness among consumers. With the rising concerns about air pollution and its impact on public health, there is a higher preference for eco-friendly alternatives like E Scooters. Not only do these electric vehicles emit zero emissions, but they also help in reducing noise pollution, contributing to a cleaner and quieter urban environment.

The E Scooter market in China is also propelled by the Chinese government's supportive policies and initiatives aimed at reducing carbon emissions. In recent years, the government has implemented various measures and incentives to promote the adoption of electric vehicles, including E Scooters. These policies include subsidies, tax benefits, and the establishment of charging infrastructure, making it more convenient and affordable for consumers to switch to electric mobility solutions.

Advances in technology also play a crucial role in the burgeoning E Scooter market in China. Continuous improvements in battery performance have led to longer ranges and shorter charging times, addressing one of the primary concerns of potential buyers. Moreover, the proliferation of shared mobility platforms, such as bike-sharing and ride-sharing services, has made E Scooters more accessible and convenient for users, further driving the market growth.

In conclusion, the China E Scooter market is experiencing significant growth driven by factors like urbanisation, environmental consciousness, government support, and technological advancements. As the demand for efficient and sustainable transportation continues to rise, E Scooters are poised to play a crucial role in shaping the future of mobility in China.

 

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The China E-Scooter Market is a rapidly expanding sector within the country's transportation industry, driven by a convergence of urbanization, technological innovation, and government policies promoting clean energy solutions. As China's cities continue to grow, the need for efficient and eco-friendly mobility options, especially for short-distance travel, has intensified. E-scooters have emerged as a practical solution to address urban congestion, reduce pollution, and provide convenient last-mile transportation.

The China E-Scooter Market is experiencing remarkable growth due to several factors. Firstly, the country's large population provides a vast consumer base for this mode of transportation. Secondly, rapid urbanization has led to increased demand for efficient and convenient means of travel within cities. Lastly, the rising awareness of environmental issues has prompted individuals to seek eco-friendly alternatives, making e-scooters an attractive choice.

With millions of units sold annually, the market size is substantial, and it shows no signs of slowing down. As urban centers continue to become more densely populated, the need for efficient transportation alternatives becomes even more pressing. E-scooters offer a practical solution, allowing people to navigate through congested areas with ease while reducing their carbon footprint.

The future of the China E-Scooter Market looks promising, with ongoing advancements in technology and infrastructure. This industry is poised for further expansion as more people recognize the benefits of e-scooters and embrace them as a sustainable mode of transportation.

China's urban population is on the rise, leading to challenges related to traffic congestion and limited parking space. E-scooters have gained popularity as an ideal solution for last-mile mobility in crowded cities. Their compact size, maneuverability, and ability to navigate through traffic jams make them a preferred choice for commuting short distances, contributing significantly to the market's growth.

The Chinese government has been actively promoting electric vehicles, including E-scooters, as part of its environmental initiatives. Subsidies, tax incentives, and supportive policies have been implemented to encourage the adoption of electric vehicles and reduce the country's reliance on fossil fuels. These incentives have played a pivotal role in making E-scooters more affordable and accessible to consumers.

The China E-Scooter Market is marked by continuous technological advancements. Manufacturers are investing in research and development to enhance battery efficiency, increase range, and improve safety features. Smart technologies, such as GPS tracking, mobile app integration, and anti-theft systems, are becoming standard features, enhancing the overall user experience and convenience.

The concept of E-scooter sharing has gained significant traction in Chinese cities. Several companies have launched E-scooter sharing platforms, allowing users to rent scooters for short durations. These platforms, accessible through smartphone apps, provide a convenient and affordable means of transportation for a wide range of consumers, including students, office workers, and tourists.

Growing environmental consciousness among Chinese consumers has led to an increased preference for sustainable transportation options. E-scooters, being emission-free and energy-efficient, align with the country's goals of reducing air pollution and carbon emissions. As a result, consumers are opting for E-scooters as an eco-friendly alternative to gasoline-powered vehicles.

In conclusion, the China E-Scooter Market is characterized by its significant size, driven by factors such as rapid urbanization, government support, technological advancements, the rise of E-scooter sharing platforms, and increasing environmental consciousness. These factors, combined with ongoing innovation and favorable government policies, are propelling the E-Scooter Market forward, making it a vital component of China's evolving transportation landscape.  

 

Major companies operating in China E Scooter Market are:

  • Yadea Technology Group Co., Ltd.
  • Aima Technology Group Co., Ltd.
  • Jiangsu Xinri E-Vehicle Co., Ltd.
  • Zhejiang Luyuan Electric Vehicle Co., Ltd.
  • Niu Technologies Group Limited
  • Zhejiang Geely Holding Group Co., Ltd.
  • Super Soco Technology Co., Ltd.
  • Zhejiang Benling Vehicle Technology Co., Ltd.

 

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“The China E Scooter market is predominantly driven by several key factors. One significant driver is the increasing urbanisation and population density, which has resulted in traffic congestion, prompting people to seek more efficient modes of transport like E Scooters. Another major driver is the growing environmental consciousness among consumers, leading to a higher preference for eco-friendly alternatives. The E Scooter market is also propelled by the Chinese government's supportive policies and initiatives aimed at reducing carbon emissions. Advances in technology, such as improvements in battery performance and the proliferation of shared mobility platforms, also contribute to the burgeoning E Scooter market in China.” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based management consulting firm.

China E Scooter Market China Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028, Segmented Market By Battery Type (Lead Acid and Lithium-Ion), By Battery Capacity (<1 kWh, 1–2.5 kWh, >2.5 kWh), By Range (<50 km, 50–100 km, 101–150 km, >150 km), By Region, Competition”, has evaluated the future growth potential of China E Scooter Market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in China E Scooter Market.        

 

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Mr. Ken Mathews

Techsci Research LLC

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New York, United States- 10170

Tel: +1-332-258-6602

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Relevant Reports

China E Scooter Market By Battery Type (Lead Acid and Lithium-Ion), By Battery Capacity (<1 kWh, 1–2.5 kWh, >2.5 kWh), By Range (<50 km, 50–100 km, 101–150 km, >150 km), By Region, Competition, Forecast & Opportunities, 2018-2028

Automotive | Nov, 2023

The China E-Scooter Market is primarily driven by the pressing issues of urban congestion and pollution, as the population gravitates toward eco-friendly and convenient electric scooters to alleviate traffic challenges and reduce environmental impact. Government incentives and regulations further propel the market's expansion by promoting electric mobility through subsidies and favorable policies, making E-scooters a cost-effective and sustainable transportation solution for consumers.

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