Market Overview:
The global foldable powered scooter market is segmented on the basis of type, application and region. The foldable powered scooter below 200$ segment is expected to dominate the market during the forecast period. This can be attributed to their low cost and easy availability. However, the foldable powered scooter above 500$ segment is projected to grow at a higher CAGR owing to increasing demand from developed countries. On the basis of application, adult users are expected to account for a larger share of the market during 2018-2030. This can be attributed to rising disposable income and changing lifestyle trends in developed countries.
Product Definition:
A foldable powered scooter is a battery-operated device that helps people with limited mobility get around more easily. It typically has three or four wheels, and can be folded up for easy transport. Foldable powered scooters are important because they provide a means of transportation for people who otherwise might not be able to get around.
Below 200$:
Below 200$ market is expected to grow at a significant rate over the forecast period. The growth of this segment can be attributed to increasing urbanization and growing population in emerging countries such as India, China, Vietnam, Bangladesh and South Africa.
The usage of foldable powered scooter has increased owing to its compactness and convenience which helps users avoid traffic congestion on roads.
200-500$:
The 200-500$ price range is for a foldable powered scooter. It includes small engine (200-500cc) and large engine scooters (over 500cc). The price depends on the power of engines, which generally ranges from 7 to 25 KW. The higher the power, the costlier it gets. This segment has been gaining traction in recent years owing to growing demand across corporate offices as well as for personal use.
Application Insights:
The children application segment held the largest share of more than 60.0% in 2017. The increasing number of schools and colleges has led to an increased demand for scooters, which are foldable and can be carried by a single person. In addition, the growing popularity of outdoor activities among children is expected to drive the demand for powered scooters over the forecast period as they can be used both indoor as well as outdoor without any difficulty or risk involved.
The adult application segment is expected to expand at a CAGR of XX% from 2018 to 2030 owing to rising disposable income among adults coupled with recreational activities such as hiking, biking and camping that require electric power assisted bicycles with higher performance levels compared to normal folding bikes available in the market currently.
Regional Analysis:
North America dominated the global market in 2017 owing to the growing popularity of outdoor sports and increasing health consciousness among people. The region is expected to witness a significant growth rate over the forecast period. Increasing number of competitions at national and international levels has increased awareness about various sports, which, in turn, is anticipated to promote the utility of powered foldable scooters over next eight years.
Asia Pacific is expected to be one of fastest-growing regions due to rising disposable income especially in China and India as well as increasing population aged 6+ years. Moreover, government initiatives encouraging use of eco-friendly products are projected favorably impact regional demand for power foldable scooter during forecast period. Foldable powered scooter has emerged as a preferred mode of transportation resulting into increased sales across countries such that Japan (foldables: +35%), Australia (foldables: +20%) and China (foldables: +15%) among others have witnessed notable growth rates since 2014 till date.
Growth Factors:
- Increasing demand for foldable powered scooters from the elderly and disabled population for easy transportation.
- Rising popularity of electric vehicles, which is expected to boost the foldable powered scooter market growth over the forecast period.
- Growing awareness about the benefits of using foldable powered scooters, such as improved mobility and independence, is anticipated to fuel market demand in the near future.
- Technological advancements in foldable powered scooter design and features are projected to stimulate market growth during the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Foldable Powered Scooter Market Research Report
By Type
Below 200$, 200-500$, Above 500$
By Application
Adult, Children
By Companies
Glion Dolly, Segway, Xiaomi, Swagtron, GOTRAX (Golabs Inc), Mercane, Razor, Jetson, Nanrobot, Turboant
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
249
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Foldable Powered Scooter Market Report Segments:
The global Foldable Powered Scooter market is segmented on the basis of:
Types
Below 200$, 200-500$, Above 500$
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Adult, Children
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Glion Dolly
- Segway
- Xiaomi
- Swagtron
- GOTRAX (Golabs Inc)
- Mercane
- Razor
- Jetson
- Nanrobot
- Turboant
Highlights of The Foldable Powered Scooter Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Below 200$
- 200-500$
- Above 500$
- By Application:
- Adult
- Children
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Foldable Powered Scooter Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Foldable Powered Scooter is a new kind of electric scooter that can be folded and stored in a small space. It has an automatic braking system and can reach speeds of up to 15 mph.
Some of the major companies in the foldable powered scooter market are Glion Dolly, Segway, Xiaomi, Swagtron, GOTRAX (Golabs Inc), Mercane, Razor, Jetson, Nanrobot, Turboant.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Foldable Powered Scooter Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Foldable Powered Scooter Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Foldable Powered Scooter Market - Supply Chain
4.5. Global Foldable Powered Scooter Market Forecast
4.5.1. Foldable Powered Scooter Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Foldable Powered Scooter Market Size (000 Units) and Y-o-Y Growth
4.5.3. Foldable Powered Scooter Market Absolute $ Opportunity
5. Global Foldable Powered Scooter Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Foldable Powered Scooter Market Size and Volume Forecast by Type
5.3.1. Below 200$
5.3.2. 200-500$
5.3.3. Above 500$
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Foldable Powered Scooter Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Foldable Powered Scooter Market Size and Volume Forecast by Application
6.3.1. Adult
6.3.2. Children
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Foldable Powered Scooter Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Foldable Powered Scooter Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Foldable Powered Scooter Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Foldable Powered Scooter Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Foldable Powered Scooter Demand Share Forecast, 2019-2026
9. North America Foldable Powered Scooter Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Foldable Powered Scooter Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Foldable Powered Scooter Market Size and Volume Forecast by Application
9.4.1. Adult
9.4.2. Children
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Foldable Powered Scooter Market Size and Volume Forecast by Type
9.7.1. Below 200$
9.7.2. 200-500$
9.7.3. Above 500$
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Foldable Powered Scooter Demand Share Forecast, 2019-2026
10. Latin America Foldable Powered Scooter Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Foldable Powered Scooter Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Foldable Powered Scooter Market Size and Volume Forecast by Application
10.4.1. Adult
10.4.2. Children
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Foldable Powered Scooter Market Size and Volume Forecast by Type
10.7.1. Below 200$
10.7.2. 200-500$
10.7.3. Above 500$
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Foldable Powered Scooter Demand Share Forecast, 2019-2026
11. Europe Foldable Powered Scooter Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Foldable Powered Scooter Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Foldable Powered Scooter Market Size and Volume Forecast by Application
11.4.1. Adult
11.4.2. Children
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Foldable Powered Scooter Market Size and Volume Forecast by Type
11.7.1. Below 200$
11.7.2. 200-500$
11.7.3. Above 500$
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Foldable Powered Scooter Demand Share, 2019-2026
12. Asia Pacific Foldable Powered Scooter Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Foldable Powered Scooter Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Foldable Powered Scooter Market Size and Volume Forecast by Application
12.4.1. Adult
12.4.2. Children
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Foldable Powered Scooter Market Size and Volume Forecast by Type
12.7.1. Below 200$
12.7.2. 200-500$
12.7.3. Above 500$
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Foldable Powered Scooter Demand Share, 2019-2026
13. Middle East & Africa Foldable Powered Scooter Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Foldable Powered Scooter Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Foldable Powered Scooter Market Size and Volume Forecast by Application
13.4.1. Adult
13.4.2. Children
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Foldable Powered Scooter Market Size and Volume Forecast by Type
13.7.1. Below 200$
13.7.2. 200-500$
13.7.3. Above 500$
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Foldable Powered Scooter Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Foldable Powered Scooter Market: Market Share Analysis
14.2. Foldable Powered Scooter Distributors and Customers
14.3. Foldable Powered Scooter Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Glion Dolly
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Segway
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Xiaomi
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Swagtron
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. GOTRAX (Golabs Inc)
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Mercane
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Razor
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Jetson
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Nanrobot
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Turboant
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
