Scooter Sharing Market records a CAGR of 57.16% by 2025|Rising

NEW YORK, Nov. 5, 2021 /PRNewswire/ — The Scooter sharing market size is set to grow by USD 28.85 billion from 2020 to 2025. However, the growth momentum is likely to decelerate at a CAGR of 57.16% according to Technavio.

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Scooter Sharing Market 2021-2025: Vendor Analysis

The market is fragmented, and the degree of fragmentation will decelerate during the forecast period. To help businesses improve their market position, Technavio’s report provides a detailed analysis of around 25 vendors operating in the market. Askoll EVA S.p.A., Ford Motor Co., Gogoro Inc., GOVECS AG, Niu International, Scoot Rides, Inc., Silence Urban Ecomobility, TORROT ELECTRIC EUROPA S.A, and WeMo Corp. are some of the major market participants.

Scooter Sharing Market 2021-2025: Scope

The report covers the following areas –

Scooter Sharing Market 2021-2025: Drivers & Challenges

The rising concern over emission of greenhouse gases, the last-mile delivery services due to increased activity in food delivery and e-commerce, and the intention to deliver an advanced, wireless personal transportation solution will offer immense growth opportunities for Scooter Sharing Market. However, facing the issue of congestion will hamper the market growth. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments while maintaining their positions in the slow-growing segments.

Scooter Sharing Market 2021-2025: Key Regions

72% of the market’s growth will originate from APAC during the forecast period. China and Japan are the key markets for Scooter sharing in APAC. Last-mile delivery services, owing to increased activity in food delivery and e-commerce will facilitate the Scooter sharing market growth in APAC over the forecast period.

Scooter Sharing 2021-2025: Segmentation

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Scooter Sharing Market 2021-2025: Key Highlights

• CAGR of the market during the forecast period 2021-2025

• Detailed information on factors that will assist Scooter sharing market growth during the next five years

• Estimation of the Scooter sharing market size and its contribution to the parent market

• Predictions on upcoming trends and changes in consumer behavior

• The growth of the Scooter sharing market

• Analysis of the market’s competitive landscape and detailed information on vendors

• Comprehensive details of factors that will challenge the growth of Scooter sharing market vendors

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