Europe Standing E Scooter Market to grow at steady rate through 2026
Government initiatives towards
green energy and rising awareness for zero carbon emission to drive Europe
Standing E Scooter Market through 2026
According to TechSci Research report, “Europe
Standing E Scooter Market By Type (Fixed E Scooter, Folding E Scooter), By
Battery Type (Lead Acid, Lithium-Ion), By Range (Less than 25 Km, 25 Km &
Above), By Country, Competition, Forecast & Opportunities, 2026”, Europe
standing E scooter market to grow at a brisk rate during the forecast period.
Rising trend of adoption of electric standing scooter among youth due to surge
in the highly disposable income in middle class families and increasing
preference towards greener and cleaner fuel as an alternative to conventional
fuel is contributing to the standing E scooter market growth. The key factor driving the standing E scooter
market growth is its lower weight therefore making it easier to carry and
easier to accelerate and operate the scooter. Also, standing E scooter lower
power consumption, lower noise levels and eco-friendly nature are other
benefits. Standing E scooter generally runs on rechargeable batteries and makes
them a preferred choice to commute short distances like parks, shopping
complexes and small facilities.
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Europe
standing E scooter pleasing aesthetics, enthralling riding experience and
presence of wireless charging and bluetooth facility makes it a preferred
choice to travel in school and college campus. It creates no pollution as it
operates on electricity and contributes zero carbon emission to environment and
owing to government stringent policies and relaxations to adopt alternate
energy automobiles are other factor playing a key role in the standing electric
scooter market growth.
However,
lower efficiency than conventional scooters as the time taken for charging is
longer as compared to travelling distance is proving a restraint in the E
standing scooter market growth. Also, overheating of the battery leading to
catching of fire and improper functioning observed are some of the hindrances
causing restraint in the Europe standing E scooter market growth.
Europe
standing E scooter market can be segregated based on type, battery type and
range. Based on battery type market can be bifurcate into lead acid and lithium-ion
battery. Lithium-ion battery is expected to be fastest growing segment during
the forecast period owing to its fast-charging rate and stable nature. Also,
they have lower self-discharge rate and higher voltage capacity, energy density
and longer charge retention facility. Based on range, standing electric scooter
market is divided into less than and more than 25 kms. Less than 25 kms
standing electric vehicles is anticipated to dominate the electric scooter
market.
GOVECS
AG, Xiaomi Corp., IO HAWK Invest GmbH, Glion Electric Scooter, Segway Inc.,
Maigewei Shenzhen Electronic CO., LTD, Globber scooters, Razor Scooter, Ningbo
MYWAY Intelligent Technology Co.,Ltd (Inokim), Swagtron LLC and others are the
leading players operating in Europe Standing E Scooter Market. Standing
electric scooter manufacturers are increasingly focusing on developing and
manufacturing high-tech products for standing scooters in Europe. To meet
evolving customer demand with respect to better efficiency and durability,
several standing electric scooter manufacturers are coming up with their
technologically advanced offerings.
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“Rising
concern of government of regular environmental degradation and emission of
carbon and greenhouse gases is creating the need for alternative environment
friendly and clean fuel which is creating lucrative opportunities for Europe E
standing scooter market. Formulation of stringent government policies and
initiatives will propel the market growth till 2026” said Mr. Karan Chechi,
Research Director with TechSci Research, a research based global management
consulting firm.
“Europe Standing E
Scooter Market By Type (Fixed E Scooter, Folding E Scooter), By Battery Type
(Lead Acid, Lithium-Ion), By Range (Less than 25 Km, 25 Km & Above), By
Country, Competition, Forecast & Opportunities, 2026” has
evaluated the future growth potential of Europe standing E scooter market and
provided statistics & information on market size, shares, 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 the Europe standing E
scooter market.
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