Folding Electric Scooter Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis
The folding electric scooter is today's need. As traffic jams keep to boom in and round predominant cities, commuters are pushed both to opt for high priced transportation modes and to shop for expensive homes which might be near to the workplace. Those who do not to live close to their places of work are pressured to journey lengthy hours. This ends in an elevated transport nightmare that persuades many humans to seek smooth and efficient options for transport. Well, the answer to all of your transportation troubles is a folding electric powered scooter. A folding electric scooter must be portable to be completely usable. It can in shape into your car's trunk and is mild sufficient to take you anyplace you need to go -bus station, mall or office. The perks of getting a foldable electric scooter are that you may cover quick distances, travel to locations or drive across the town while not having a four-wheeled vehicle. Just fold your scooter and shops it anywhere when not using it.
MARKET DYNAMICS
The growing demand for foldable electric scooters, they are compact in length and smooth to carry anywhere, is escalating the call for of foldable electric scooter marketplace. Additionally, growing demand for fuel-efficient vehicles, due to growing worries over carbon emissions from fuel-based vehicles, is again fueling the marketplace growth. Apart from being efficient, it is also fun and low on maintenance. However, the excessive price related to foldable scooters hinders the marketplace growth.
MARKET SCOPE
The "Folding electric scooter market Analysis to 2031" is a specialized and in-depth study of the automotive and transportation with a special focus on the global market trend analysis. The report aims to provide an overview of folding electric scooter market with detailed market segmentation by product, application, and geography. The global folding electric scooter market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading folding electric scooter market players and offers key trends and opportunities in the folding electric scooter market.
MARKET SEGMENTATION
The global folding electric scooter market is segmented on the basis of type, and application. On the basis of product, the market is segmented as unicycle, and two-wheel. On the basis of application, the market is segmented as e-commerce, and retail store.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global folding electric scooter market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The folding electric scooter market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting folding electric scooter market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the folding electric scooter market in these regions.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global folding electric scooter market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The folding electric scooter market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting folding electric scooter market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the folding electric scooter market in these regions.
MARKET PLAYERS
The reports cover key developments in the folding electric scooter market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from folding electric scooter market are anticipated to lucrative growth opportunities in the future with the rising demand for folding electric scooter market. Below mentioned is the list of few companies engaged in the folding electric scooter market.
The report also includes the profiles of key folding electric scooter market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered financial information of last 3 years, key development in past five years.
- Better Wheels
- Hangzhou Chic Intelligent Technology co., Ltd.
- IOHAWK
- Megawheels Electronics Limited
- Razor USA LLC.
- SHENZHEN XINLI INTELLIGENT ROBOT CO.,LTD
- StreetSaw.
- Skque
- SWAGTRON.
- Zero Motorcycles, Inc.
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Folding Electric Scooter Market - By Product
1.3.2 Folding Electric Scooter Market - By Application
1.3.3 Folding Electric Scooter Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. FOLDING ELECTRIC SCOOTER MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS
5. FOLDING ELECTRIC SCOOTER MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. FOLDING ELECTRIC SCOOTER MARKET - GLOBAL MARKET ANALYSIS
6.1. FOLDING ELECTRIC SCOOTER - GLOBAL MARKET OVERVIEW
6.2. FOLDING ELECTRIC SCOOTER - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. FOLDING ELECTRIC SCOOTER MARKET - REVENUE AND FORECASTS TO 2028 - PRODUCT
7.1. OVERVIEW
7.2. PRODUCT MARKET FORECASTS AND ANALYSIS
7.3. UNICYCLE
7.3.1. Overview
7.3.2. Unicycle Market Forecast and Analysis
7.4. TWO-WHEEL
7.4.1. Overview
7.4.2. Two-wheel Market Forecast and Analysis
8. FOLDING ELECTRIC SCOOTER MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. E-COMMERCE
8.3.1. Overview
8.3.2. E-Commerce Market Forecast and Analysis
8.4. RETAIL STORE
8.4.1. Overview
8.4.2. Retail Store Market Forecast and Analysis
9. FOLDING ELECTRIC SCOOTER MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Folding Electric Scooter Market Overview
9.1.2 North America Folding Electric Scooter Market Forecasts and Analysis
9.1.3 North America Folding Electric Scooter Market Forecasts and Analysis - By Product
9.1.4 North America Folding Electric Scooter Market Forecasts and Analysis - By Application
9.1.5 North America Folding Electric Scooter Market Forecasts and Analysis - By Countries
9.1.5.1 United States Folding Electric Scooter Market
9.1.5.1.1 United States Folding Electric Scooter Market by Product
9.1.5.1.2 United States Folding Electric Scooter Market by Application
9.1.5.2 Canada Folding Electric Scooter Market
9.1.5.2.1 Canada Folding Electric Scooter Market by Product
9.1.5.2.2 Canada Folding Electric Scooter Market by Application
9.1.5.3 Mexico Folding Electric Scooter Market
9.1.5.3.1 Mexico Folding Electric Scooter Market by Product
9.1.5.3.2 Mexico Folding Electric Scooter Market by Application
9.2. EUROPE
9.2.1 Europe Folding Electric Scooter Market Overview
9.2.2 Europe Folding Electric Scooter Market Forecasts and Analysis
9.2.3 Europe Folding Electric Scooter Market Forecasts and Analysis - By Product
9.2.4 Europe Folding Electric Scooter Market Forecasts and Analysis - By Application
9.2.5 Europe Folding Electric Scooter Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Folding Electric Scooter Market
9.2.5.1.1 Germany Folding Electric Scooter Market by Product
9.2.5.1.2 Germany Folding Electric Scooter Market by Application
9.2.5.2 France Folding Electric Scooter Market
9.2.5.2.1 France Folding Electric Scooter Market by Product
9.2.5.2.2 France Folding Electric Scooter Market by Application
9.2.5.3 Italy Folding Electric Scooter Market
9.2.5.3.1 Italy Folding Electric Scooter Market by Product
9.2.5.3.2 Italy Folding Electric Scooter Market by Application
9.2.5.4 United Kingdom Folding Electric Scooter Market
9.2.5.4.1 United Kingdom Folding Electric Scooter Market by Product
9.2.5.4.2 United Kingdom Folding Electric Scooter Market by Application
9.2.5.5 Rest of Europe Folding Electric Scooter Market
9.2.5.5.1 Rest of Europe Folding Electric Scooter Market by Product
9.2.5.5.2 Rest of Europe Folding Electric Scooter Market by Application
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Folding Electric Scooter Market Overview
9.3.2 Asia-Pacific Folding Electric Scooter Market Forecasts and Analysis
9.3.3 Asia-Pacific Folding Electric Scooter Market Forecasts and Analysis - By Product
9.3.4 Asia-Pacific Folding Electric Scooter Market Forecasts and Analysis - By Application
9.3.5 Asia-Pacific Folding Electric Scooter Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Folding Electric Scooter Market
9.3.5.1.1 Australia Folding Electric Scooter Market by Product
9.3.5.1.2 Australia Folding Electric Scooter Market by Application
9.3.5.2 China Folding Electric Scooter Market
9.3.5.2.1 China Folding Electric Scooter Market by Product
9.3.5.2.2 China Folding Electric Scooter Market by Application
9.3.5.3 India Folding Electric Scooter Market
9.3.5.3.1 India Folding Electric Scooter Market by Product
9.3.5.3.2 India Folding Electric Scooter Market by Application
9.3.5.4 Japan Folding Electric Scooter Market
9.3.5.4.1 Japan Folding Electric Scooter Market by Product
9.3.5.4.2 Japan Folding Electric Scooter Market by Application
9.3.5.5 South Korea Folding Electric Scooter Market
9.3.5.5.1 South Korea Folding Electric Scooter Market by Product
9.3.5.5.2 South Korea Folding Electric Scooter Market by Application
9.3.5.6 Rest of Asia-Pacific Folding Electric Scooter Market
9.3.5.6.1 Rest of Asia-Pacific Folding Electric Scooter Market by Product
9.3.5.6.2 Rest of Asia-Pacific Folding Electric Scooter Market by Application
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Folding Electric Scooter Market Overview
9.4.2 Middle East and Africa Folding Electric Scooter Market Forecasts and Analysis
9.4.3 Middle East and Africa Folding Electric Scooter Market Forecasts and Analysis - By Product
9.4.4 Middle East and Africa Folding Electric Scooter Market Forecasts and Analysis - By Application
9.4.5 Middle East and Africa Folding Electric Scooter Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Folding Electric Scooter Market
9.4.5.1.1 South Africa Folding Electric Scooter Market by Product
9.4.5.1.2 South Africa Folding Electric Scooter Market by Application
9.4.5.2 Saudi Arabia Folding Electric Scooter Market
9.4.5.2.1 Saudi Arabia Folding Electric Scooter Market by Product
9.4.5.2.2 Saudi Arabia Folding Electric Scooter Market by Application
9.4.5.3 U.A.E Folding Electric Scooter Market
9.4.5.3.1 U.A.E Folding Electric Scooter Market by Product
9.4.5.3.2 U.A.E Folding Electric Scooter Market by Application
9.4.5.4 Rest of Middle East and Africa Folding Electric Scooter Market
9.4.5.4.1 Rest of Middle East and Africa Folding Electric Scooter Market by Product
9.4.5.4.2 Rest of Middle East and Africa Folding Electric Scooter Market by Application
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Folding Electric Scooter Market Overview
9.5.2 South and Central America Folding Electric Scooter Market Forecasts and Analysis
9.5.3 South and Central America Folding Electric Scooter Market Forecasts and Analysis - By Product
9.5.4 South and Central America Folding Electric Scooter Market Forecasts and Analysis - By Application
9.5.5 South and Central America Folding Electric Scooter Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Folding Electric Scooter Market
9.5.5.1.1 Brazil Folding Electric Scooter Market by Product
9.5.5.1.2 Brazil Folding Electric Scooter Market by Application
9.5.5.2 Argentina Folding Electric Scooter Market
9.5.5.2.1 Argentina Folding Electric Scooter Market by Product
9.5.5.2.2 Argentina Folding Electric Scooter Market by Application
9.5.5.3 Rest of South and Central America Folding Electric Scooter Market
9.5.5.3.1 Rest of South and Central America Folding Electric Scooter Market by Product
9.5.5.3.2 Rest of South and Central America Folding Electric Scooter Market by Application
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. FOLDING ELECTRIC SCOOTER MARKET, KEY COMPANY PROFILES
11.1. BETTER WHEELS
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. HANGZHOU CHIC INTELLIGENT TECHNOLOGY CO., LTD.
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. IOHAWK
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. MEGAWHEELS ELECTRONICS LIMITED
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. RAZOR USA LLC.
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. SHENZHEN XINLI INTELLIGENT ROBOT CO.,LTD
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. STREETSAW.
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. SKQUE
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. SWAGTRON.
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. ZERO MOTORCYCLES, INC.
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1. Better Wheels
2. Hangzhou Chic Intelligent Technology co., Ltd.
3. IOHAWK
4. Megawheels Electronics Limited
5. Razor USA LLC.
6. SHENZHEN XINLI INTELLIGENT ROBOT CO.,LTD
7. StreetSaw.
8. Skque
9. SWAGTRON.
10. Zero Motorcycles, Inc.
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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