The global off-road all-terrain e-scooter market is expected to grow at a CAGR of 4.8% during the forecast period, with its market value projected to rise from USD 1.7 billion in 2024 to USD 2.7 billion by 2032.
Increasing concerns over pollution and declining urban air quality have sparked a new demand for electric vehicles, including electric scooters built for rugged terrains. This trend has driven a surge in the sales of off-road all-terrain e-scooters globally.
The growing demand for these scooters is fueled by their improved performance and lightweight designs. Additionally, the rising popularity of off-road biking events is expected to open up new market opportunities in the coming years.
Government incentives supporting the sale of off-road all-terrain e-scooters, along with the development of infrastructure for electric vehicles, are also contributing to the market’s growth, creating favorable conditions for future expansion.
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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 2.7 Billion by 2034.
- 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 2024 to 2034.
- The gross forecasted value of the global market is predicted to reach USD 2.7 Billion by the year 2034 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.
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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