According to the report, Rise in Tourism to Fuel Market Growth is one of the primary growth factors for the market. Market Driver
is also expected to contribute significantly to the Electric Scooter Rentals market. Overall, applications of Electric Scooter Rentals, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The Propulsion, such as Pedal, is boosting the Electric Scooter Rentals market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The Operational Model, such as Dockless, is boosting the Electric Scooter Rentals market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The Service Type, such as Pay as you go, is boosting the Electric Scooter Rentals market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
New technologies and major shifts in the industry will be game-changing factors that all players have to react now in order to maintain strong positions in the future. As many industry experts agree that significant changes are ahead. AMAs Analyst on the Global Electric Scooter Rentals market identified that the demand is rising in many different parts of the world as "Rising Awareness towards Environment and Cheaper Transportation Mode
". Furthermore, some recent industry insights like "In July 2021 Helbiz had announced the launch of E-Scooter Rental Service in Italy. Helbiz teamed up with Telepass to create a fleet of 300 safe and innovative electric scooters in Reggio Emilia's downtown and neighbouring areas. This contributes to Helbiz's ongoing expansion efforts in Italy, with the company now operating in 25 locations. Users can use the Helbiz or TelepassPay mobile apps on iOS and Android to geolocate, rent, and unlock e-scooters with a single tap. In addition, Helbiz has created dedicated parking spots across Reggio Emilia." which is constantly making the industry very dynamic.
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Electric Scooter Rentals market according to Type, Application, and regions o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key drivers & trends of the market
**The market is valued based on weighted average selling price (WASP) and includes any applicable taxes on manufacturers. All currency conversions used in the creation of this report have been calculated using constant annual average 2020 currency rates.
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Electric Scooter Rentals market and other related sub-markets covered in the study.
o Key & emerging players in the market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Electric Scooter Rentals market size is calculated using market estimation process, the Electric Scooter Rentals market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Electric Scooter Rentals market size has been validated using both top-down and bottom-up approaches.