Scooter Sharing Market records a CAGR of 57.16% by 2025|Rising Concern over Emission of Greenhouse Gases to Boost Growth |17000+ Technavio Reports
NEW YORK, Nov. 5, 2021 -- The Scooter sharing market size is set to grow by USD 28.85 billion from 2020 to 2025. However, the growth momentum is likely to decelerate at a CAGR of 57.16% according to Technavio.
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Scooter Sharing Market 2021-2025: Vendor Analysis
The market is fragmented, and the degree of fragmentation will decelerate during the forecast period. To help businesses improve their market position, Technavio's report provides a detailed analysis of around 25 vendors operating in the market. Askoll EVA S.p.A., Ford Motor Co., Gogoro Inc., GOVECS AG, Niu International, Scoot Rides, Inc., Silence Urban Ecomobility, TORROT ELECTRIC EUROPA S.A, and WeMo Corp. are some of the major market participants.
Scooter Sharing Market 2021-2025: Scope
The report covers the following areas -
- Scooter Sharing Market size
- Scooter Sharing Market trends
- Scooter Sharing Market industry analysis
Scooter Sharing Market 2021-2025: Drivers & Challenges
The rising concern over emission of greenhouse gases, the last-mile delivery services due to increased activity in food delivery and e-commerce, and the intention to deliver an advanced, wireless personal transportation solution will offer immense growth opportunities for Scooter Sharing Market. However, facing the issue of congestion will hamper the market growth. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments while maintaining their positions in the slow-growing segments.
Scooter Sharing Market 2021-2025: Key Regions
72% of the market's growth will originate from APAC during the forecast period. China and Japan are the key markets for Scooter sharing in APAC. Last-mile delivery services, owing to increased activity in food delivery and e-commerce will facilitate the Scooter sharing market growth in APAC over the forecast period.
Scooter Sharing 2021-2025: Segmentation
- Geography
- APAC
- Europe
- North America
- MEA
- South America
- Type
- Electric
- Non-electric
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Scooter Sharing Market 2021-2025: Key Highlights
- CAGR of the market during the forecast period 2021-2025
- Detailed information on factors that will assist Scooter sharing market growth during the next five years
- Estimation of the Scooter sharing market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the Scooter sharing market
- Analysis of the market's competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of Scooter sharing market vendors
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Scooter Sharing Market Scope |
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Report Coverage |
Details |
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Page number |
120 |
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Base year |
2020 |
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Forecast period |
2021-2025 |
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Growth momentum & CAGR |
Decelerate at a CAGR of 57.16% |
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Market growth 2021-2025 |
USD 28.85 billion |
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Market structure |
Fragmented |
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YoY growth (%) |
59.12 |
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Regional analysis |
APAC, Europe, North America, MEA, and South America |
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Performing market contribution |
APAC at 72% |
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Key consumer countries |
China, Germany, Japan, US, and The Netherlands |
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Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
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Companies profiled |
Askoll EVA S.p.A., Ford Motor Co., Gogoro Inc., GOVECS AG, Niu International, Scoot Rides, Inc., Silence Urban Ecomobility, TORROT ELECTRIC EUROPA S.A, and WeMo Corp. |
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Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Download a free sample now to uncover highlights deployed by companies of Scooter sharing market.
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Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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