Asia-Pacific Electric Scooter Market Worth $ 625.03 Billion and 266.04 Million Units by 2029
Meticulous Research®, a prominent firm specializing in market research, released a report titled “ Asia-Pacific Electric Scooter Market by Vehicle Type (Electric Motorcycles, E-Scooter & Bikes), Power Output (Less Than 3.6kW, 3.6kW to 7.2kW), Battery Technology (SLA, Li-ion, Li-ion Polymer), Motor Type, Charging Type, End User, and Country - Regional Forecast to 2029”. The electric scooter market in the Asia-Pacific region is projected to achieve a remarkable Compound Annual Growth Rate (CAGR) of 28.9% between 2022 and 2029, ultimately reaching a value of $625.03 billion by 2029 . In terms of volume, it is anticipated to reach 266.04 million units by 2029, with a CAGR of 26.4% during the forecast period. This growth is driven by several factors including supportive governmental policies and regulations, escalating environmental concerns, and increased investments from Original Equipment Manufacturers (OEMs) and ride-hailing companies in the micro-mobility sector...