Market Forecast by Countries (South Africa, Nigeria, Kenya, Rest of Africa), By Product Type (Retro, Standing/Self-Balancing, Folding), By Battery Type (Sealed Lead Acid, NiMH, Li-Ion), By Voltage Type (24V, 36V, 48V, Greater than 48V) And Competitive Landscape
Product Code: ETC056006 | Publication Date: Feb 2021 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 |
Africa Electric Scooter Market is anticipated to gain momentum in the upcoming six years on the back of the rising concern towards environmental degradation. Additionally, the rising growth of the urban population across the region along with the growing discretionary income of the population has led enable them to purchase two-wheelers due to their affordable nature which is estimated to spur the impressive growth of the Africa electric scooter market in the coming timeframe.
Africa Electric Scooters Market is anticipated to gain growth prospects in the coming years. In African region, the automotive industry is currently experiencing a transformation with manufacturers adopting new strategies to capitalize on the maximum potential of electric two-wheelers, especially Electric Scooters. Electric Scooters will exhibit better performance, which proves highly beneficial for consumers in this region. The decline in the need for raw materials for production will also drive commercial growth. The growth drivers of the Electric Scooters market in this region are, growing awareness among consumers regarding the usage of eco-friendly transportation and rising demand for Electric Scooters sharing services. Additionally, the strong inclination of vehicle manufacturers toward limiting vehicular emission has driven the development of Electric Scooters. The restraints of the Electric Scooters market in this region are the rise in competition with competitive markets, lack of technical competence, and absence of domestic manufacturers of Electric Scooters. Due to the outbreak of the Covid-19 pandemic, some of the countries are expected to continue accounting for the largest share in the Africa Electric Scooters market in this region.
According to 6Wresearch, the Africa Electric Scooters Market size is anticipated to register growth during 2021-27. In the Africa region, South Africa is the leading country in the Electric Scooters market due to the awareness that they are creating among consumers regarding Electric Scooters in their country. Additionally, importing Electric Scooters from China is also expected to influence the growth of the Electric Scooters market in their country. Furthermore, Egypt is also playing a major role for the growth of the Electric Scooters market in this region by rising in developments of the automotive industry and high usage of battery opted vehicles. The growth of Electric Scooters among the public as a mode of easy transportation and availability of charging infrastructures are likely to influence the regional growth of Electric Scooters markets in Egypt in the forthcoming years. Additionally, the Government of Egypt has lowered the taxes imposed on CNG and battery opted vehicles to encourage the growth of Electric Scooters in their country.
The top three companies in African region are Honda Motor Co Ltd.; Yamaha Motor Company Limited and Suzuki Motor Corporation Ltd. Additionally, some of the key companies in African region are, JIANGSU XINRI E-VEHICLE Co. LTD; KTM AG; Peugeot Electric Scooters; Vmoto Limited and Terra Motors Corporation.
Based on the product, the market is segmented into retro Electric Scooter, self-balancing Electric Scooters and folding electric scooter. Retro is expected to take over the market in forthcoming years. Furthermore, based on the battery types, the market is segmented into Sealed Lead Acid, battery, NiMH battery, and Lithium-ion battery. Of these, the Lithium-ion battery category is expected to drive the growth of the Electric Scooters market in this region in the forthcoming years. And based on voltages, the market is segmented into Electric Scooters with 24V, 36V, 48V, and 48V power. Of these, 36V battery is expected to dominate the Electric Scooters market in African region in the forthcoming years.
Africa Electric Scooters market report thoroughly covers the market by product type, Battery type, voltage type and countries including Egypt, South Africa, and other key countries. Africa Electric Scooters market outlook report provides an unbiased and detailed analysis of the ongoing Africa Electric Scooters market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to align their market strategies according to the current and future market dynamics.
Markets Covered
The market report covers the following key segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Africa Electric Scooters Market Overview |
3.1 Africa Regional Macro Economic Indicators |
3.2 Africa Electric Scooters Market Revenues & Volume, 2020 & 2027F |
3.3 Africa Electric Scooters Market - Industry Life Cycle |
3.4 Africa Electric Scooters Market - Porter's Five Forces |
3.5 Africa Electric Scooters Market Revenues & Volume Share, By Countries, 2020 & 2027F |
3.6 Africa Electric Scooters Market Revenues & Volume Share, By Product Type, 2020 & 2027F |
3.7 Africa Electric Scooters Market Revenues & Volume Share, By Battery Type, 2020 & 2027F |
3.8 Africa Electric Scooters Market Revenues & Volume Share, By Voltage Type, 2020 & 2027F |
4 Africa Electric Scooters Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Africa Electric Scooters Market Trends |
6 Africa Electric Scooters Market, 2017 - 2027 |
6.1 Africa Electric Scooters Market, Revenues & Volume, By Product Type, 2017 - 2027 |
6.2 Africa Electric Scooters Market, Revenues & Volume, By Battery Type, 2017 - 2027 |
6.3 Africa Electric Scooters Market, Revenues & Volume, By Voltage Type, 2017 - 2027 |
7 South Africa Electric Scooters Market, 2017 - 2027 |
7.1 South Africa Electric Scooters Market, Revenues & Volume, By Product Type, 2017 - 2027 |
7.2 South Africa Electric Scooters Market, Revenues & Volume, By Battery Type, 2017 - 2027 |
7.3 South Africa Electric Scooters Market, Revenues & Volume, By Voltage Type, 2017 - 2027 |
8 Nigeria Electric Scooters Market, 2017 - 2027 |
8.1 Nigeria Electric Scooters Market, Revenues & Volume, By Product Type, 2017 - 2027 |
8.2 Nigeria Electric Scooters Market, Revenues & Volume, By Battery Type, 2017 - 2027 |
8.3 Nigeria Electric Scooters Market, Revenues & Volume, By Voltage Type, 2017 - 2027 |
9 Kenya Electric Scooters Market, 2017 - 2027 |
9.1 Kenya Electric Scooters Market, Revenues & Volume, By Product Type, 2017 - 2027 |
9.2 Kenya Electric Scooters Market, Revenues & Volume, By Battery Type, 2017 - 2027 |
9.3 Kenya Electric Scooters Market, Revenues & Volume, By Voltage Type, 2017 - 2027 |
10 Rest of Africa Electric Scooters Market, 2017 - 2027 |
10.1 Rest of Africa Electric Scooters Market, Revenues & Volume, By Product Type, 2017 - 2027 |
10.2 Rest of Africa Electric Scooters Market, Revenues & Volume, By Battery Type, 2017 - 2027 |
10.3 Rest of Africa Electric Scooters Market, Revenues & Volume, By Voltage Type, 2017 - 2027 |
11 Africa Electric Scooters Market Key Performance Indicators |
12 Africa Electric Scooters Market - Opportunity Assessment |
12.1 Africa Electric Scooters Market Opportunity Assessment, By Countries, 2020 & 2027F |
12.2 Africa Electric Scooters Market Opportunity Assessment, By Product Type, 2020 & 2027F |
12.3 Africa Electric Scooters Market Opportunity Assessment, By Battery Type, 2020 & 2027F |
12.4 Africa Electric Scooters Market Opportunity Assessment, By Voltage Type, 2020 & 2027F |
13 Africa Electric Scooters Market - Competitive Landscape |
13.1 Africa Electric Scooters Market Revenue Share, By Companies, 2020 |
13.2 Africa Electric Scooters Market Competitive Benchmarking, By Operating and Technical Parameters |
14 Company Profiles |
15 Recommendations |
16 Disclaimer |