As per this study the Global Electric Transporters Market was valued USD XX MN (by revenue) in 2021 and is anticipated to reach USD XX MN by 2027 with a CAGR of XX%
An electric transporter or electric vehicle is an automobile that utilizes one or more electric motors for its propulsion. Electric transporters use electrical energy which is stored in rechargeable batteries. Instead of fueling, these transporters need to charge according to the battery capacity and type. These vehicles use batteries such as sealed lead acid, NiMH and Li-Ion for their operation. Electric scooter, electric bike, and electric skateboards are some of the electric transporters.
The increasing fuel prices coupled with high maintenance costs for conventional fuel based transporters is propelling the global electric transporters market growth. Additionally, growing concern over types of pollution such as noise pollution, air pollution and depletion of non-renewable energy sources is further boosting the market growth. However, high costs of transporters, limited distance range and low awareness regarding the utilization of electric transporters are expected to hinder the market growth. Whereas, government support through lucrative financial and non-financial incentives such as subsidies and tax exemptions is anticipated to offer opportunity growth to the market.
This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter’s five forces analysis, market attractiveness analysis and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of electric transporters.
The broad electric transporters market has been sub-grouped into type, battery type, and voltage. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.
By Vehicle Type
By Battery Type
- Electric Scooter
- Electric Bike
- Electric Skateboards
- Sealed Lead Acid
- Greater Than 48V
Furthermore, the report comprises of the geographical segmentation which mainly focuses on current and forecast demand for electric transporters in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.
Global Electric Transporters Market Share by Region (Representative Graph)
The report also covers detailed competitive landscape including company profiles of key players operating in the global market. The key players in the Electric Transporters market include Airwheel Holding Ltd., AllCell Technologies LLC, BMW Motorrad International, BOXX Corporation, Hama GmbH & Co KG, Honda Motor Co. Ltd., Jiangsu Xinri E-Vehicle Co., Ltd., Kiwano, Ninebot Inc., and Razor USA LLC. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.
A combination of primary and secondary research has been used to determine the market estimates and forecasts. Sources used for secondary research include (but not limited to) Paid Data Sources, Company Websites, Technical Journals, Annual Reports, SEC Filings and various other industry publications. Specific details on methodology used for this report can be provided on demand.