Riding in All Conditions: Water Proof E-Scooter Market to Reach US$ 8.3 Billion by 2032 Growing at a CAGR of 5%

The water proof E-Scooter market is expected to escalate at a CAGR of 5 % from US$ 5.1 Billion in 2022 to US$ 8.3 Billion by 2032.

Researchers from FMI claim that more than 71% of E-Scooter models have ratings for water resistance. This represents an increase from the 40% of 2021. However, it’s crucial to keep in mind that different classifications provide diverse levels of protection. Sales of waterproof e-scooters have increased as a result of these features.

During the forecast period, it is predicted that sales of waterproof E-scooters will grow at the fastest rate. Increased performance (speed and range), a stronger stem clamp, a 4th generation frame, an updated multi-switch, turn signals, a motorcycle-grade horn, a footrest that doubles as a grip, and a large rubber deck are all desirable features for a waterproof electric scooter.

Between 2022 and 2032, these characteristics are anticipated to boost the waterproof E-Scooter market statistics. In response to the rising demand for waterproof electric scooters, electric scooter manufacturers are focussing on creating sturdy and durable models.

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Some e-scooters have top speeds of 62 mph, which puts them on par with extremely fast cars and increases demand for waterproof e-scooters.

Another factor influencing sales is how simple waterproof E-Scooters are for customers to use. A waterproof electric scooter like the Dualtron Thunder 2 has a huge battery with more range than people require (up to 106 miles and 60 miles).

Furthermore, the battery is made of high-quality cells that are efficient due to their high energy density, which has caused the market for waterproof E-Scooters to grow.

International companies like Xiaomi, Ninebot, and Aovo offer a variety of waterproof electric scooters that give riders options. This is anticipated to boost the market and sales of waterproof electric scooters revenue growth throughout the forecast period.

Due to the ever-changing weather patterns and rising fuel costs, weatherproof E-scooters are gaining market share.

But there is one very specific requirement that no electric scooter on the market right now can claim to fully meet: it must be waterproof.

This is a significant barrier impeding the expansion of the market for waterproof electric scooters.

Even the most water-resistant scooters are still only water-resistant; they are not strictly waterproof, even if the majority of them can handle some riding in the rain or snow and won’t frequently sustain water damage. Customers want a scooter that is completely waterproof and can go farther, according to the demand study of the market for waterproof electric scooters.

This is a major obstacle preventing the expansion of the market for waterproof electric scooters.

Even the most water-resistant scooters are still only water-resistant; they are not strictly waterproof, even if the majority of them can handle some riding in the rain or snow and won’t frequently sustain water damage. Customers want a scooter that is completely waterproof and can go farther, according to the demand study of the market for waterproof electric scooters.

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KEY TAKEAWAYS:

  • By type, two wheel category is expected to lead the waterproof E-Scooter market during the forecast period.
  • By IP rating, IP65 category dominated the waterproof E-Scooter market, due to its durability to last in every climate.
  • During the forecast period, the OEM segment is expected to dominate the waterproof E-Scooter market.
  • With the rising popularity of waterproof E-Scooters and increased spending on waterproof E-Scooter, the United States leads the market.
  • China waterproof E-Scooter market is forecast to grow at a highest CAGR of 18.7 during the forecast period.
  • Japan waterproof E-Scooter market is expected to develop rapidly in the global waterproof E-Scooter industry with a CAGR of 13.5% from 2022 to 2032.

COMPETITIVE LANDSCAPE:

Key companies profiled in the waterproof E-Scooter market report include Xiaomi Corporation, Voro Motors, Segway, Apollo Scooters, GOTRAX, Aovopro , INOKIM, and KAABO.

Many players in the waterproof E-Scooter market are focusing on launching stores in several countries as part of a joint venture strategy to expand their global reach. To extend their market share, leading market players are focused on various growth strategies such as research and development, mergers and acquisitions, and the launch of new waterproof E-Scooters.

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By Product Type:

  • Unicycle
  • Two Wheeler
  • Three Wheeler

By Wattage:

  • Up to 250 Watt
  • 250 to 450 Watts
  • 450 to 700 Watts
  • Above 700 Watts

By Battery Health:

  • Healthy
  • Good
  • Bad
  • Worst

By Distribution Channel:

  • OEM
  • E-Commerce
  • Others

By Type:

  • Lithium Ion Battery
  • Sealed Lead Acid Batteries
  • Nickel Metal Hydride Batteries
  • Others

By Regions:

  • Asia Pacific
  • North America
  • Europe
  • Middle East & Africa
  • Latin America

RECENT DEVELOPMENT:

Partnerships, Product Launches, Collaborations, and Agreements:

  • Xiaomi released the Mi Electric Scooter Pro 2 in 2021. It’s a customized Mercedes-AMG Petronas F1 Team Edition with a top speed of 25 km/h and a range of 45 kilometers.
  • In 2022, Aovo launched Aovo M365. It has a large and intelligent battery of 10.4 AH and a 350 W motor. Its brushless motor is one of its distinguishing features. This motor may easily allow your M365 Pro to go 30 to 35 kilometers after charging it 100 percent.

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About the Author

Nikhil Kaitwade

Associate Vice President at Future Market Insights, Inc. has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.
His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.
Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.

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