The Business Research Company’s Scooter Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Scooter Global Market Report 2023 evaluates scooter market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The global scooter market size is expected to grow from $64.21 billion in 2022 to $69.36 billion in 2023 at a compound annual growth rate (CAGR) of 8.02%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of scooter is expected to reach $90.64 billion in 2027 at a compound annual growth rate (CAGR) of 6.92%.
The investment in road construction is driving the scooter market. Road construction leads to the repair, maintenance, and building of new roads for ease of transportation. Good-quality roads help vehicles, especially two-wheelers, run smoothly without jerks and obstructions. Scooters work more efficiently when the roads are properly built. Countries are investing in the construction of roads to improve transportation facilities. For instance, the Ministry of Road Transport and Highways has received funding from the Indian government of $13.14 billion to construct roads and highways. Thus, an increase in investment will propel the scooter market.
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The scooter market segments in the report are:
1) By Product Type: Electric Scooters, Gas Scooters, Kick Scooters
2) By Application: Commercial, Individual
The table of contents in TBRC’s scooter market report includes:
1. Executive Summary
2. Scooter Market Characteristics
3. Scooter Market Trends And Strategies
4. Scooter Market - Macro Economic Scenario
5. Scooter Market Size And Growth
…….
26. Africa Scooter Market
27. Scooter Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Scooter Market
29. Scooter Market Future Outlook and Potential Analysis
30. Appendix
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