Electric Transporters Market

Electric Transporters Market Size, Share, Growth Analysis, By Vehicle Type(Electric scooter, Retro, Standing/ Self-Balancing, Folding), By Battery Type(Sealed Lead Acid, NiMH, Li-Ion), By Voltage(24V, 36V, 48V, Greater than 48V), By Regional(North America, Europe, Asia Pacific, Latin America) - Industry Forecast 2024-2031


Report ID: UCMIG20V2008 | Region: Global | Published Date: Upcoming |
Pages: 165 | Tables: 55 | Figures: 60

Electric Transporters Market Insights

Market Overview:

In 2017, the global electric transporters market reached USD 35.10 billion and is predicted to grow at a Compound Annual Growth Rate (CAGR) of 8.4% during the forecast period. The rise in fuel costs has resulted in increased sales of electric transporters in recent years. As a more environmentally friendly alternative to traditional modes of transportation, electric transportation is expected to become increasingly prevalent in the coming years. In addition to increasing fuel costs, the extra maintenance expenses associated with traditional vehicles are likely to drive market expansion.

Electric Transporters Market, Forecast & Y-O-Y Growth Rate, 2020 - 2028
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This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.

Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.

The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Trucking by segment aggregation, the contribution of the Trucking in Transportation and vendor share.

To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.

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FAQs

The market for Electric Transporters was estimated to be valued at US$ XX Mn in 2021.

The Electric Transporters Market is estimated to grow at a CAGR of XX% by 2028.

The Electric Transporters Market is segmented on the basis of Vehicle Type, Battery Type, Voltage, Regional.

Based on region, the Electric Transporters Market is segmented into North America, Europe, Asia Pacific, Middle East & Africa and Latin America.

The key players operating in the Electric Transporters Market are are expanding their production capabilities overseas to gain industry presence. For instance, in 2016, Gogoro Inc. has partnered with Coup to expand its smart electric scooters sharing service in Berlin and other European cities., Furthermore, the market in Europe has witnessed a considerable decline in demand for regular bikes and has increased its imports of e-bikes, primarily from Chinese manufacturers. Manufacturers' efforts to encourage consumers to follow safety as well as traffic rules strictly will support the growth of the market soon., KEY MARKET SEGMENTS, By Vehicle Type , Electric scooter, Retro, Standing/ Self-Balancing, Folding, Electric bike, Electric skateboards, By Battery Type , Sealed Lead Acid, NiMH, Li-Ion, By Voltage , 24V, 36V, 48V, Greater than 48V, By Regional , North America, Europe, Asia Pacific, Latin America, Middle East & Africa, KEY PLAYERS, Jiangsu Xinri Electric Vehicle Co. Ltd, Terra Motors Corporation, Gogoro Inc., Mahindra GenZe, Vmoto Limited, BMW Motorrad International.

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Electric Transporters Market

Report ID: UCMIG20V2008

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