Acknowledging the kind of traction gained by this market, recently published a study report asserts the global Folding E-Scooter Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of 4.5% during the review period (2022 to 2027).
Folding E-Scooter Market Overview
As people grow more conscious of social alienation, there is an increase in demand for folding electric scooters. In nations like Spain, the United States, Germany, and France, folding electric scooter sharing services are growing in popularity, which has increased demand for battery-powered two-wheelers.
The use of sharing services has grown exponentially since 2016. Over 90 towns and universities around the world presently use this service, and about 95% of scooters have an electric drivetrain. Rising monetary and non-monetary incentives are promoting the use of foldable e-scooters.
The transition from conventional to electric forms of transportation is also being driven by the need for sustainable urban mobility and new transportation infrastructure. Folding e-scooters are anticipated to have positive effects on both air quality and energy security.
Who are the Major Players in Folding E-Scooter Market?
The global Folding E-Scooter includes IO Hawk, Swagway, Phunkeeduck, Better Wheels, Razor Hovertrax, MonoRover, Powerboard, Skque, Leray Two Wheel, Cyboard, Chic Robotics, Street Saw, Jetson, Fiturbo, Vecaro, Space board, Megawheels, Bluefin, HOVERZON, ZEV, Zero Motorcycles
Recent Developments:
Hawk strikes global partnership with Azerion’s proprietary SSP to bolster omni-channel capabilities
12 July 2022; Hawk Platform, the fully multi-channel demand-side platform (DSP), today announced a global partnership with Azerion’s proprietary SSP, Improve Digital. The collaboration with the digital entertainment and media platform will enable marketers to reach Azerion’s audiences at scale, via impactful rich media formats, as well as native, video and display advertising across Azerion’s premium games and leading publishers.
Hawk x Skyrise Partnership Interview
Hawk recently announced an exclusive partnership with Skyrise Intelligence – making it the first & only fully multi-channel DSP on the market to integrate Data into its CTV Offering. This partnership will enable brands and agencies to integrate unique data into CTV buying, delivering campaigns to the most relevant audiences in real-time.
What are the major Applications, Types and Regions for Folding E-Scooter Market?
Folding E-Scooter Market is segmented based on the type, applications, companies and regions.
By Product Type, it is segmented into
By Application it is segmented into
Folding E-Scooter Market Regional Analysis
The Asia-Pacific region is expected to lead the folding e-scooter market because of growing public awareness of the environmental benefits of electric vehicles and rising prices for gasoline and diesel in the region. Government initiatives related to e-mobility are also anticipated to increase demand for the foldable e-scooter in the area throughout the forecast period.
The market for folding e-scooters in this region is being propelled by factors such as quick urbanisation, consumers' growing awareness of the value of adopting clean energy transportation to cut down on vehicle emissions, and e-scooters' rising affordability.
- North America
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- Rest of the World
- Middle East & Africa
- Latin America
What is our Folding E-Scooter Market report scope?
Reports Attributes
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Report Details
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Forecast Period 2022 to 2027 CAGR
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CAGR of 4.5% during the review period (2022 to 2027).
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By Type
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By Application
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By Companies
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IO Hawk, Swagway, Phunkeeduck, Better Wheels, Razor Hovertrax, MonoRover, Powerboard, Skque, Leray Two Wheel, Cyboard, Chic Robotics, Street Saw, Jetson, Fiturbo, Vecaro, Space board, Megawheels, Bluefin, HOVERZON, ZEV, Zero Motorcycles
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Regions Covered
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•North America
•Europe
•Asia-Pacific
•Rest of the World
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Countries Covered
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•US
•Canada
•Germany
•France
•UK
•Italy
•Spain
•Rest of Europe
•China
•Japan
•India
•Australia
•South Korea
•Rest of Asia-Pacific
•Middle East & Africa
•Latin America
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Base Year
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2022
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Historical Year
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2017 to 2021
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Forecast Year
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2022 to 2027
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Number of Pages
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121
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Customization Available
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Yes, the report can be customized as per your needs
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Key Takeaways from this Folding E-Scooter Report
- Evaluate Folding E-Scooter market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.
- Understand the different dynamics influencing the market - growth driving factors, specific challenges and hidden opportunities.
- Get in-depth insights on your competitor performance – revenue, shares, business strategies, financial benchmarking, product benchmarking, SWOT analysis and more.
- Analyze the sales and distribution channels across geographies to enhance top-line revenues.
- Market share held by each application segment with respect to the market renumeration and sales estimates over the forecast timeline are stated in the report.
- Understand the demanding supply chain with a deep dive on the value augmentation at each, in order to optimize value and bring efficiencies in your processes.
- Get a quick outlook on the Folding E-Scooter market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.
- Evaluate the import-export statistics, supply-demand and competitive landscape for more than top 20 countries globally for the market.
- It further investigates the specifics that are positively impacting the profit graph of this business sphere.
- The study also elaborates the critical factors which will augment the commercial terrain of the Folding E-Scooter market.
All our reports are custom made to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report as your needs.
Frequently Asked Questions
What is the study period of this market?
The Folding E-Scooter Market is studied from 2017 - 2027.
What is the growth rate of Folding E-Scooter Market?
The Folding E-Scooter Market is growing at a CAGR of 4.5% over the next 5 years.
Who are the leading key players in Folding E-Scooter Market?
IO Hawk, Swagway, Phunkeeduck, Better Wheels, Razor Hovertrax, MonoRover, Powerboard, Skque, Leray Two Wheel, Cyboard, Chic Robotics, Street Saw, Jetson, Fiturbo, Vecaro, Space board, Megawheels, Bluefin, HOVERZON, ZEV, Zero Motorcycles
What regions does this Folding E-Scooter Market report covers?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
What are the significant types of Folding E-Scooter Market?
Unicycle, Two-wheel
What are the significant Applications of Folding E-Scooter Market?
E-Commerce, Retail Store
SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
