Scooters Market Size Poised To Reach USD 33.58 Billion By 2030
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San Francisco, 23 Dec 2020: The Report Scooters Market Size, Share & Trends Analysis Report By Product (Normal, Electric), By Electric Scooter Type (Conventional, Swappable), By Region, And Segment Forecasts, 2020 - 2030 The global scooters market size is expected to reach USD 33.58 billion by 2030, at a CAGR of 0.1% over the forecast period, according to a study conducted by Grand View Research, Inc. Declining raw material prices, the growing adoption of electric scooter sharing service, and rising consumer awareness towards eco-friendly transportation is projected to fuel the market growth. As the automotive industry is evolving, the uncertainties over the adoption of electric scooters related to the lack of charging infrastructure in developing economies are gaining prominence. It is forcing the manufacturers to undertake strategies to make design and specification alterations in line with the consumer’s expectations to comprehend the full potential of the evolving electri