The global off-road all-terrain e-scooter market is projected to witness a CAGR of 4.8% during the forecast period, with its market share expected to reach USD 2.5 billion by 2032, up from USD 1.53 billion in 2021.
Growing global concerns over rising pollution and deteriorating urban air quality have ushered in a new era for electric scooters and vehicles in the market. This has led to an increasing trend in the sales of electric scooters designed for rough terrains worldwide.
Enhanced performance parameters and lightweight designs are driving the growing demand for off-road all-terrain e-scooters in the global market. The rising popularity of off-road biking events is expected to significantly influence market opportunities in the coming years.
Several government incentives promoting the sales of off-road all-terrain e-scooters have contributed to the overall growth of the business in regional markets. The establishment of suitable infrastructure for the adoption of electric vehicles is anticipated to create favorable trends and opportunities for the off-road all-terrain e-scooter market in the future.
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Key Takeaways from the Off Road All Terrain E-scooter Market Report:
- The current day net worth of global off road all terrain e-scooter market size is estimated to be around USD 1.56 Billion by 2032.
- The overall year-on-year growth rate of the off road all terrain e-scooter market share is found out to be 4.8% for the forecast years of 2022 to 2032.
- The gross forecasted value of the global market is predicted to reach USD 2.5 Billion by the year 2032 as per the off road all terrain e-scooter market analysis.
- Two wheeler off road electric scooters have always remained the top performing segment and is expected to continue as it is in the coming year.
Competitive Landscape:
All the prominent market players of the global off road all terrain e-scooter market are increasingly focussing on designing best all terrain e-scooters according to the customer requirement of specific regions to achieve market penetration. However, adoption of recent development to provide better features with the existing models is also a key strategy popularizing the off road all terrain e-scooter market.
Leading Key Players:
- Xiaomi Corporation
- Voro Motors
- Segway
- Apollo Scooters
- GOTRAX
- Aovopra
- INOKIM
- KAABO
- Kugoo
- Techlife
- Evercross
- Dualtron
Recent Developments:
- After absorbing the Amsterdam-based e-scooter manufacturer ETERGO, Ola Electric announced plans to establish the world’s largest electric scooter facility in December 2020. It intends to build this massive factory in India in order to grab the regional market.
- NIU technologies, a smart urban mobility solutions company, has announced the debut of a new product called ‘G0’ by the end of May 2020. It’s a sort of e-bike from the Gova series designed for the Chinese market.
- In June 2019, Li-ions Elecktric Solutions unveiled the Spock electric scooter, which is powered by 72V 40AH lithium-ion batteries. The main benefit of this newly introduced model is its roughly 150-kilometer range on a single battery charge.
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Off Road All Terrain E-scooter Market Segmentation:
By Type:
- Unicycle
- Two Wheel
- Three Wheel
By Speed:
- 20 to 30 Kmh
- 30 to 50 Kmh
- 50 to 70 Kmh
- Above 70 Kmh
By Range:
- Below 40 Km
- 40 to 60 Km
- 60 to 80 Km
- 80 to 100 Km
- Above 100 Km
By Distribution Channel:
- OEM
- E-commerce
- Others
By Motors:
- Single Motor
- Twin Motor
By Region:
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East and Africa (MEA)
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Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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