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The Middle East & Africa (MEA) electric scooter market has witnessed significant growth in recent years, driven by various market trends. One prominent trend is the rising demand for eco-friendly transportation solutions amidst growing concerns about environmental sustainability. Electric scooters offer a cleaner alternative to traditional petrol-powered vehicles, appealing to environmentally-conscious consumers across the region. This shift towards eco-friendly transportation is further fueled by government initiatives promoting the adoption of electric vehicles (EVs) and implementing stricter emission regulations.
Another key trend shaping the MEA electric scooter market is the increasing urbanization and congestion in major cities. As urban populations continue to swell, the need for efficient and convenient modes of transportation becomes more pressing. Electric scooters provide a practical solution for navigating congested city streets, offering flexibility and maneuverability that traditional vehicles may lack. Additionally, the compact size of electric scooters makes them ideal for short-distance commutes, allowing riders to bypass traffic jams and reach their destinations quickly.
Furthermore, advancements in technology have played a significant role in driving the adoption of electric scooters in the MEA region. The proliferation of smartphone apps and GPS technology has facilitated the emergence of electric scooter sharing services, enabling users to locate, unlock, and rent scooters conveniently through their mobile devices. This innovative business model has gained traction in several MEA cities, offering a cost-effective and accessible transportation option for residents and tourists alike.
Moreover, the growing popularity of electric scooters among the younger demographic is a notable trend in the MEA market. Millennials and Generation Z consumers, in particular, are drawn to the convenience and affordability of electric scooters for short trips and leisure activities. The sleek and stylish designs of modern electric scooters also appeal to this demographic, aligning with their preferences for trendy and technologically advanced products.
Additionally, the COVID-19 pandemic has influenced market trends in the MEA electric scooter market. The need for social distancing and minimizing contact with shared surfaces has led to increased interest in personal mobility solutions, such as electric scooters. As people seek alternatives to public transportation and ridesharing services, electric scooters offer a safe and hygienic mode of transportation for individual use.
Furthermore, the MEA electric scooter market is witnessing intense competition among manufacturers and service providers, leading to product innovations and strategic partnerships. Companies are investing in research and development to enhance the performance, range, and safety features of electric scooters, aiming to differentiate their offerings in a crowded market landscape. Additionally, collaborations between electric scooter manufacturers and urban authorities are being forged to address regulatory challenges and infrastructure requirements for sustainable electric mobility.
In conclusion, the Middle East & Africa electric scooter market is experiencing significant growth driven by various market trends, including the demand for eco-friendly transportation, urbanization, technological advancements, changing consumer preferences, the impact of the COVID-19 pandemic, and competitive dynamics. As governments, businesses, and consumers increasingly prioritize sustainability and convenience, electric scooters are poised to play a pivotal role in shaping the future of urban mobility in the MEA region.
Covered Aspects:
| Report Attribute/Metric | Details |
|---|---|
| Market Opportunities | · Growing Shale Gas Extraction to Promote Industry Expansion |
| Market Dynamics | · Enhancing Production and Exploration in the Oil and Gas Sector to Promote Market Expansion |
middle-east-and-africa Electric Scooter Market Highlights:
Middle East & Africa Electric Scooter Market Overview
The electric scooter market industry is projected to grow from USD Significant by 2032, exhibiting a compound annual growth rate (CAGR) of 8.20% during the forecast period (2023 - 2032). The fact that solar electricity is the most affordable energy source in human history and that lighter lithium-ion batteries are significantly less expensive are the two main market drivers driving the market demand for e-scooters. The competitiveness of e-scooters producers has been made possible by these remarkable technologies.
Electric Scooter Market Trends
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Growing Tourism and Growing Concern About CO2 Emissions Could Drive Market Growth
The rising sales of two-wheeled electric vehicles (EVs) due to rising income levels and fast urbanization is one of the main factors positively driving the demand for e-bikes. There is a sharp spike in demand for high-performance, fuel-efficient e-bikes due to concerns about the rise in CO2. E-bikes are also getting more and more common in the area as individuals realize how important it is to maintain good physical fitness. Other than that, strict regulations and fuel economy requirements set by governments across the globe to lower carbon emissions are creating a favorable market environment. Additionally, top players are releasing smartphone applications that use smart e-bike monitoring systems (SEMS) to track fitness and provide up-to-date data.
Customers' interest in trekking e-bikes has increased recently because of their robust construction. Mountain e-bike sales are rising as people look for new leisure opportunities. Trekking e-bikes are proving to be a practical solution as consumer interest in high-performance adventure sports increases. These e-bikes are used for daily commuting to work and shopping in the area, as well as mountain trekking. Mountain e-bikes are also a status symbol due to their elevated cost and elegance. It is anticipated that these elements will increase customers' interest in mountain e-bikes. For instance, on December 6, 2021, FENIX, the leading electric mobility platform in the Middle East with the goal of empowering communities and unleashing urban potential, was scheduled to introduce a new form factor to its extensive fleet of electric vehicles. Residents and visitors in specific areas of the United Arab Emirates (UAE) and Qatar would be able to rent shared electric bikes on demand. Thus, driving the electric scooter market revenue.
Electric Scooter Market Segment Insights:
Electric Scooter Type Insights
The Middle East & Africa Electric Scooter market segmentation, based on type includes 2 Wheel and 3 Wheel. The 2 wheel segment dominated the market mostly. These are stand-up, lightweight scooters made for short-distance transportation. They may be rented using smartphone apps and are frequently offered for rent in urban areas. These scooters are operated by standing on a platform and kicking off the ground to propel the rider forward. They are well-liked for quick journeys inside cities.
Electric Scooter Design Insights
The Middle East & Africa Electric Scooter market segmentation, based on design includes Foldable and Unfoldable. The foldable segment dominated the market. In the MEA region, where traffic congestion and the demand for effective, environmentally friendly transportation solutions are becoming major issues, foldable electric scooters can be especially well-suited for urban settings. Additionally, the portability of foldable electric scooters makes them appealing. Foldable scooters are a practical option in urban areas where last-mile connectivity and public transportation are crucial.
Electric Scooter Foot Platform Insights
The Middle East & Africa Electric Scooter market segmentation, based on foot platform includes Less Than 3.5 Feet, 3.5 Feet, 5 Feet, and Others. The 3.5 feet segment dominated the market. Electric scooters that fall into the "3.5-foot platform" market group usually belong to a certain size or brand. Scooters featuring longer decks for improved comfort and stability may fall into this category.
Electric Scooter Material Insights
The Middle East & Africa Electric Scooter market segmentation, based on material includes Industrial-Grade Aluminum Alloy, Carbon Fiber, Plastic, and Composite. The industrial-grade aluminum segment dominated the market. Industrial-grade aluminum alloys are frequently utilized in the manufacturing of scooter frames and other components in the Middle East and Africa (MEA) electric scooter market. These alloys are chosen because they are appropriate for electric scooters and have the qualities of being both lightweight and robust. They regulate the scooter's weight for effective electric propulsion while offering good robustness and resistance to corrosion.
Electric Scooter Age Insights
The Middle East & Africa Electric Scooter market segmentation, based on age includes 5 - 8 Years, 8 - 12 Years, and Less Than 5 Years. The offshore segment dominated the market. These scooters are designed with safety measures to meet the needs of this age group and are often smaller in size and slower in speed. Children's controls are age-appropriate and equipped with safety measures. These scooters' popularity in the Middle East and Africa (MEA) may fluctuate depending on things like local laws, consumer demand, and the manufacturers' product availability.
Figure 1: Middle East & Africa Electric Scooter Market, by Age, 2022 & 2032 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Electric Scooter Regional Insights
The Middle East & Africa Electric Scooter market is growing rapidly over the forecast period. Electric scooters are becoming more and more popular across the Middle East and Africa. Government programs to encourage electric mobility, the desire to lessen reliance on fossil fuels, and growing environmental consciousness are some of the drivers propelling the market's rise. The adoption of electric scooters in the region is being led by nations such as South Africa, Israel, and the United Arab Emirates. Nonetheless, there are locations where the car and bike infrastructures collide, most notably when the bike path passes through residential areas. Bicycles in these regions should be protected from motorized traffic by the legislation.
Figure 2: MIDDLE EAST & AFRICA ELECTRIC SCOOTER MARKET SHARE BY REGION 2022 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Electric Scooter Key Market Players & Competitive Insights
Leading market players are investing heavily in research and development in order to expand their product lines, which will help the electric scooter market, grow even more. Market participants are also undertaking a variety of strategic activities to expand their footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, electric scooter industry must offer cost-effective items.
Key Companies in the electric scooter market include
- Razor USA LLC
- Globber
- Pacific Cycle Inc.
- UBoard
- HEBEI JIANGWO TRADING CO. LTD.
- SEGWAY
- Hiboy
- SWAGTRON
- SmooSat Inc.
- Hover Pro
Electric Scooter Market Segmentation
Electric Scooter Type Outlook
- 2 Wheel
- 3 Wheel
Electric Scooter Design Outlook
- Foldable
- Unfoldable
Electric Scooter Foot Platform Outlook
- Less Than 3.5 Feet
- 5 Feet
- 5 Feet
- Others
Electric Scooter Material Outlook
- Industrial-Grade Aluminum Alloy
- Carbon Fiber
- Plastic
- Composite
Electric Scooter Age Outlook
- 5 - 8 Years
- 8 - 12 Years
- Less Than 5 Years
Electric Scooter Regional Outlook
- Middle East & Africa
- GCC Countries
- Saudi Arabia
- Iran
- Rest of Middle East & Africa
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