Report ID: UCMIG25A2075
Report ID:
UCMIG25A2075 |
Region:
Global |
Published Date: Upcoming |
Pages:
165
| Tables: 55 | Figures: 60
In 2019, the global electric scooter lift and carrier market reached a valuation of USD 142.2 million, indicating its significant presence in the transportation industry. Forecasts predict a steady growth trajectory for this market, with a projected compound annual growth rate (CAGR) of 4.5% from 2020 to 2027. This expansion can be attributed to several factors, including the rising popularity of electric scooters as an eco-friendly and convenient mode of transport. Additionally, the increasing demand for efficient and secure solutions to transport electric scooters is driving the adoption of electric scooter lifts and carriers, propelling market growth globally.
This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Auto Parts & Equipment by segment aggregation, the contribution of the Auto Parts & Equipment in Automobiles & Components and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
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Report ID: UCMIG25A2075