Market Forecast 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: ETC014815 | Publication Date: Oct 2020 | Updated Date: May 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Australia Electric Scooters market currently, in 2023, has witnessed an HHI of 4453, Which has increased slightly as compared to the HHI of 3714 in 2017. The market is moving towards concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
Australia Electric Scooters Market report comprehensively covers the market by battery type, product type, and voltage type. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities, high-growth areas, and market drivers, which would help the stakeholders devise and align their market strategies according to the current and future market dynamics.
Australia electric scooter market is anticipated to witness tremendous growth in coming years owing to the increasing urbanization and domestic income. Rising modernization and working population especially females call the need for light scooters to prevent traffic congestion, which is positively driving the market. Moreover, the government is promoting the use of green vehicles coupled with ease of finance is one of the major factors driving the market. Low cost, latest technology, and infrastructure development behold the growth of the market.
According to 6Wresearch, the Australian electric scooter market size is projected to register growth during the forecast period 2020-2026. The most important factors affecting the demand for electric scooters are increasing traffic congestion and rising domestic income. Moreover, electric scooters are cost-effective as compared to hiring a taxi. It provides ease of mobility for intercity movement backed. With the outbreak of COVID-19 almost every market faced disruption backed by nationwide lockdown, hampering production. The automobile industry also faced a rapid decline owing to the disruption in new launches. However, the electric scooter market a positive impact owing to the Government norms, people prefer their vehicles to cover short distances. Lack of infrastructure backed by high initial cost acts as a hurdle in the growth of the market. Moreover, less battery life and high maintenance costs behold the staggering market.
Based on the product type the market is segmented into Retro, standing/self-balancing, and folding scooters. Retro scooters are anticipated to account for the highest share during forthcoming years owing to the demand among old and youth.
The battery type is bifurcated into sealed lead acid, NiMH, and Li-on. Sealed lead acid is expected to grow during the forecast period.
36V is the fastest-growing market and is expected to dominate the market during the forecast period.
The report provides a detailed analysis of the following market 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 Australia Electric Scooters Market Overview |
3.1 Australia Country Macro Economic Indicators |
3.2 Australia Electric Scooters Market Revenues & Volume, 2019 & 2026F |
3.3 Australia Electric Scooters Market - Industry Life Cycle |
3.4 Australia Electric Scooters Market - Porter's Five Forces |
3.5 Australia Electric Scooters Market Revenues & Volume Share, By Product Type, 2019 & 2026F |
3.6 Australia Electric Scooters Market Revenues & Volume Share, By Battery Type, 2019 & 2026F |
3.7 Australia Electric Scooters Market Revenues & Volume Share, By Voltage Type, 2019 & 2026F |
4 Australia Electric Scooters Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Australia Electric Scooters Market Trends |
6 Australia Electric Scooters Market, By Types |
6.1 Australia Electric Scooters Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Australia Electric Scooters Market Revenues & Volume, By Product Type, 2016 - 2026F |
6.1.3 Australia Electric Scooters Market Revenues & Volume, By Retro, 2016 - 2026F |
6.1.4 Australia Electric Scooters Market Revenues & Volume, By Standing/Self-Balancing, 2016 - 2026F |
6.1.5 Australia Electric Scooters Market Revenues & Volume, By Folding, 2016 - 2026F |
6.2 Australia Electric Scooters Market, By Battery Type |
6.2.1 Overview and Analysis |
6.2.2 Australia Electric Scooters Market Revenues & Volume, By Sealed Lead Acid, 2016 - 2026F |
6.2.3 Australia Electric Scooters Market Revenues & Volume, By NiMH, 2016 - 2026F |
6.2.4 Australia Electric Scooters Market Revenues & Volume, By Li-Ion, 2016 - 2026F |
6.3 Australia Electric Scooters Market, By Voltage Type |
6.3.1 Overview and Analysis |
6.3.2 Australia Electric Scooters Market Revenues & Volume, By 24V, 2016 - 2026F |
6.3.3 Australia Electric Scooters Market Revenues & Volume, By 36V, 2016 - 2026F |
6.3.4 Australia Electric Scooters Market Revenues & Volume, By 48V, 2016 - 2026F |
6.3.5 Australia Electric Scooters Market Revenues & Volume, By Greater than 48V, 2016 - 2026F |
7 Australia Electric Scooters Market Import-Export Trade Statistics |
7.1 Australia Electric Scooters Market Export to Major Countries |
7.2 Australia Electric Scooters Market Imports from Major Countries |
8 Australia Electric Scooters Market Key Performance Indicators |
9 Australia Electric Scooters Market - Opportunity Assessment |
9.1 Australia Electric Scooters Market Opportunity Assessment, By Product Type, 2019 & 2026F |
9.2 Australia Electric Scooters Market Opportunity Assessment, By Battery Type, 2019 & 2026F |
9.3 Australia Electric Scooters Market Opportunity Assessment, By Voltage Type, 2019 & 2026F |
10 Australia Electric Scooters Market - Competitive Landscape |
10.1 Australia Electric Scooters Market Revenue Share, By Companies, 2019 |
10.2 Australia Electric Scooters Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |