Electric Kick Scooters Market Is Expected To Witness Promising Growth Opportunities
Electric Kick Scooters Industry Overview The global electric kick scooters market size was valued at USD 2.5 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 10.3% from 2021 to 2028. Kick scooters have emerged as a cost-effective urban commute option in recent times. This is attributed to the sleek design and the ease of use they offer. Rapid developments in the electric scooter sharing industry are also expected to generate growth opportunities for the kick scooters market over the forecast period. Countries such as France, Spain, Germany, and the U.S. have recorded a significant rise in the adoption of kick scooters over the last couple of years, a trend expected to continue over the next few years. Additionally, electric scooter sharing start-ups are collaborating with top manufacturers in the market to expand their customer base and enhance their product offerings in the market. Low-cost transportation, lesser parking space requirement, g...
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