PRESS RELEASE
Posted on April 12, 2023
The folding electric scooter market is a segment of the global electric scooter market that focuses on portable and compact scooters that can be easily folded and transported. These scooters run on rechargeable batteries and offer an eco-friendly and comfortable means of transport for short distances.
The folding electric scooter market has been growing rapidly in recent years due to the growing demand for environmentally friendly and cost-effective transportation options. Factors such as increasing urbanization, increasing traffic congestion, and the need for last-mile connectivity have contributed to the growth of the market.
The folding electric scooter market is highly competitive, with numerous global and regional players operating in the market. Some of the key players in the market include Xiaomi Corporation, Segway Inc., Bird Rides Inc., Razor USA LLC, and Swagtron, among others.
Folding Electric Scooters Market, by Type (Maximum Load 200-250lbs and Max Load), by Application (Kids & Adults) and by Region (North America, Europe, Asia Pacific, Latin America & Middle East & Africa) – Trends , analysis and forecast of the market until 2029
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Major Key Players:-
- Xiaomi
- Segway
- megarods
- Glion Scooters
- GOTRAX
- Shenzhen Iezway Technology
The folding electric scooter market can be segmented based on type, battery capacity, distribution channel, and geography.
Based on type, the market can be further segmented into:
- Standard scooters
- Light scooters
Based on battery capacity, the market can be segmented into:
- Below 24V
- 24V to 36V
- Above 36V
According to the distribution channel, the market can be segmented into:
- Online sale
- Offline sales
According to geography, the market can be segmented into:
- North America
- europe
- Asia-Pacific
- The rest of the world
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