Asia-Pacific Electric Scooter Market - Opportunity Analysis and Industry Forecast (2022-2029)
Meticulous Research ® —a leading global market research company, published a research report titled “ Asia-Pacific Electric Scooter Market by Vehicle Type (Electric Motorcycles, E-scooters & Bikes), Power Output (Less Than 3.6kW, 3.6kW to 7.2kW), Battery Technology (SLA, Li-ion, Li-ion Polymer), Motor Type, Charging Type, End User, and Country”. The Asia-Pacific Electric Scooter Market is expected to record a CAGR of 28.9% from 2022–2029 to reach $ 625.03 billion by 2029. By volume, this market is expected to reach 266.0 million units by 2029, at a CAGR of 26.4% during the forecast period. The growth of this market is attributed to favorable government policies and regulations in south-east Asian countries, the rising environmental concerns, and the increasing investments by OEMs & ride-hailing companies in the micro-mobility space. In addition, the decreasing prices of batteries offer significant opportunities for the growth of this market. However, the high in...