Electric Scooter Market Size, Share, Forecast 2022-2028
A recent study conducted by strategic consulting and market research firm BlueWeave Consulting revealed that the global electric scooter market is estimated to grow at a CAGR of 23% during 2022-2028. Anticipated growth in the market can be attributed to the increasing focus on carbon emissions and sustainability, which is prompting citizens to shift towards electric mobility. Additionally, favorable government initiatives and private-public investments in the establishment of new charging points at frequent locations are anticipated to present lucrative growth opportunities to the electric scooter market in the forecast period. Launch of New and Innovative Products Driving the Electric Scooter Market With the increasing demand for electric scooters and rising competitiveness among market players, the companies are constantly launching new products to attract buyers. They are also significantly investing in R&D activities to innovate electric scoote...