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The north America electric scooters and motorcycles market is expected to progress from $154.8 million in 2018 to $675.7 million by 2024, at a 28.4% CAGR between 2019 and 2024 (forecast period).
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North America Electric Scooters and Motorcycles Market Analysis, Post COVID- 19 Impact. Potential Business Impacts for Key Players 1 ©P&SIntelligence.Allrightsreserved
Due to their low maintenance requirements, government support for their adoption, and growth of shared mobility fleets, the demand for electric two-wheelers in North America is rising. On account of these factors, the north America electric scooters and motorcycles market is expected to progress from $154.8 million in 2018 to $675.7 million by 2024, at a 28.4% CAGR between 2019 and 2024 (forecast period). These vehicles do not have an internal combustion engine (ICE), therefore do not release any operational greenhouse gas (GHG) emission. On the basis of type, scooter, motorcycle, and kick scooter are the categories of the market. Among these, the kick scooter category dominated the North American electric scooters and motorcycles market, in terms of sales volume, during 2015–2018 (historical period). This is because electric kick scooters are rapidly making their way into the fleets of shared mobility service providers, owing to the environment-friendliness and cost-effectiveness of these vehicles and the convenience they offer. Compared to electric scooters and motorcycles, the operating cost of kick scooters is lower. Request to Get the Sample Report: https://www.psmarketresearch.com/market- analysis/north-america-electric-scooters-and-motorcycles-market/report-sample In 2018, the North American electric scooters and motorcycles market generated the higher revenue in the U.S. The higher demand for electric vehicles (EVs) as a result of the strong support by the federal and state governments is propelling the market advance in the country. Moreover, the U.S. is more populated than Canada, which leads to a larger user base for EVs in the former nation. Because of all these reasons, the U.S. is also likely to witness the higher CAGR in the market, in terms of value, during the forecast period. Hence, electric two-wheelers have a bright future in the region, on account of the strong support by the government for their adoption. Make Enquiry Before Buying the Report: https://www.psmarketresearch.com/send- enquiry?enquiry-url=north-america-electric-scooters-and-motorcycles-market Market Segmentation by Type Motorcycle Scooter Kick Scooter Market Segmentation by Battery Capacity <5 kWh 5–10 kWh 10–15 kWh >15 kWh
Market Segmentation by Battery Lead Acid Li-Ion Market Segmentation by Application Sharing Services Food & Grocery Personal Users Market Segmentation by country U.S. Canada This study covers Historical and the present size of the North American electric scooters and motorcycles market Future potential of the market through its forecast for the period 2015-2024 Major factors driving the market and their impact during the short, medium, and long terms Market restraints and their impact during the short, medium, and long terms Recent trends and evolving opportunities for the market participants Historical and the present size of the market segments and understand their comparative future potential Potential of on-demand logistics services, so the market players make informed decisions on the sales of their offerings Competitive scenario of various market segments across key countries in several regions for uncovering market opportunities for the stakeholders Major players operating in the market and their service offerings Recent strategic developments by the major players in the market 3 ©P&SIntelligence.Allrightsreserved
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