What is E-Scooter Sharing Market Scope?
E-Scooter-sharing system is a shared transportation service that makes electric motorised scooters available for short-term rentals. E-scooters are typically "dockless," which means they do not have a fixed home location and are dropped off and picked up at various points throughout the service area. E-scooter sharing envisions an easy-to-use mode of transportation that ensures last-mile mobility. The rising popularity of shared mobility via ride-hailing has paved the way for shared e-scooters. Electric scooters are smaller in size and require less parking space. As a result, both governments and e-scooter sharing service providers are encouraging daily commuters to use e-scooter sharing services as a more cost-effective, convenient, and convenient mode of transportation. The majority of providers provide dockless, free-floating services, eliminating the need to pick up and return e-scooters to specific locations.
|Unit||Value (USD Million)|
|Key Companies Profiled||Neutron Holdings Inc. (Lime) (United States), Bird Rides Inc. (Bird) (United States), Yulu Bikes Pvt Ltd (India), Social Bicycles (United States), Voi Technology AB (Sweden), Bounce (India), Bolt Technology OÜ (Estonia), Beam Mobility Holdings Pte. Ltd. (Singapore), TIER Mobility (Germany), Spin (United States) and FREE NOW (Germany)|
|Customization Scope||Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility|
The E-Scooter Sharing market study is being classified, by Application () and major geographies with country level break-up.
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analysts at AMA predicts that Players from United States will contribute to the maximum growth of Global E-Scooter Sharing market throughout the predicted period.
Neutron Holdings Inc. (Lime) (United States), Bird Rides Inc. (Bird) (United States), Yulu Bikes Pvt Ltd (India), Social Bicycles (United States), Voi Technology AB (Sweden), Bounce (India), Bolt Technology OÜ (Estonia), Beam Mobility Holdings Pte. Ltd. (Singapore), TIER Mobility (Germany), Spin (United States) and FREE NOW (Germany) are some of the key players profiled in the study.
Segmentation AnalysisAnalyst at AMA have segmented the market study of Global E-Scooter Sharing market by Type, Application and Region.
On the basis of geography, the market of E-Scooter Sharing has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
On 5 November 2021, Bengaluru-based start-up Bounce, which is best known for its scooter rental service, is all set to enter the manufacturing arena, with plans to launch its first electric scooter this month. The so-far unnamed electric scooter from Bounce will feature swappable battery packs, and buyers will have the option of renting the batteries from the company, rather than purchasing them as part of the scooter. This should bring down the purchase cost of the scooters, while adding a recurring subscription cost.
Influencing Market Trend
- Technological Advancement In E-Scooter Sharing
- Increasing Incentives Are Boosting The Adoption Of Battery-Operated Two-Wheelers
- Increasing The Demand Of Energy-Efficient Automobiles Fuel The Growth For Market
- Increasing Adoption Of Electric Scooter Sharing Services In Developed Countries
- Lack Of Infrastructure Availability Required For The Successful Operations Of This Service
- Lack Of Awareness About The E-Scooter Sharing In Rural Area
- Intense Competition Among Player
Key Target AudienceNew Entrants and Investors, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others
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To compete effectively, companies also require quantitative estimates of the future growth and qualitative nature of the market. AMA Research features not just specific market sizing estimates, but also include significant value-added commentary on Technological Trends and Innovations, Regulatory Policies, Market Maturity Indicators, Market Share Movements, New Entrants into the Market & Entry/Exit Barriers, Consumer Demographics, Supporting Company Financial and Cash Flow Planning, Open Up New Markets , To Seize Powerful Market Opportunities, Key Decision in Planning and to Further Expand Market Share, Identify Key Business Segments, Market Proposition & Gap Analysis.
Frequently Asked Questions (FAQ):
1. At what growth rate would the E-Scooter Sharing market expands?
The Global E-Scooter Sharing market is expected to see a growth of % during projected year 2021 to 2027.
2. Who are the prominent players of the Global E-Scooter Sharing market?
The prominent players of Global E-Scooter Sharing market are Neutron Holdings Inc. (Lime) (United States), Bird Rides Inc. (Bird) (United States), Yulu Bikes Pvt Ltd (India), Social Bicycles (United States), Voi Technology AB (Sweden), Bounce (India), Bolt Technology OÜ (Estonia), Beam Mobility Holdings Pte. Ltd. (Singapore), TIER Mobility (Germany), Spin (United States) and FREE NOW (Germany), to view complete player list click here
3. What are the top priorities to focus for E-Scooter Sharing markets growth?
In this highly competitive & fast evolving E-Scooter Sharing industry, the top strategic priorities would remain consistent like innovation, R&D and M&A.