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Kick Scooter Market Size, Share: Growth, Future Prospects, Analysis and Forecast 2027 | Credence Research

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The latest market report published by Credence Research, Inc. The global kick scooter market is growing at a rapid pace, anticipated to grow at a CAGR of 26.3% during the projected period from 2019 to 2027, starting from US$ 470.5 Mn in 2018.

The urban landscape is witnessing a transformative change, and at its forefront is the rising popularity of kick scooters. No longer are these two-wheeled contraptions solely a child’s plaything. Today, they are a symbol of sustainable and convenient urban mobility, catering to both young and mature riders alike.

Kick Scooter Popularity

The surge in kick scooter demand is attributed to several factors. Firstly, there’s the undeniable element of convenience. Compact, lightweight, and requiring no fuel, kick scooters offer an efficient way of navigating city streets, particularly during peak hours when vehicular congestion is at its worst. Their foldable design also makes them easy to carry onto public transport or store away, making them ideal for last-mile commutes.

Environmental Impact

Another compelling factor is the environmental angle. As cities around the world grapple with pollution and the effects of climate change, there’s a renewed focus on eco-friendly transport modes. Kick scooters, being non-motorized (or, in the case of electric variants, producing zero emissions), are increasingly seen as a green alternative to conventional vehicles.

Economic Aspects

From an economic standpoint, the kick scooter market is poised for growth. Numerous start-ups and established companies are delving into scooter sharing services, thereby giving a boost to the industry. Moreover, as technology advances, we’re also seeing an influx of smart scooters equipped with features like GPS, digital locking systems, and even analytics to monitor ride patterns.

Browse the Full Report: https://www.credenceresearch.com/report/kick-scooter-market

Safety and Infrastructure

Of course, the rise of kick scooters has also sparked conversations about safety and infrastructure. Many cities are now considering or already implementing dedicated lanes for scooters, ensuring the safety of riders and pedestrians alike. Helmets, reflective gear, and safety workshops are also becoming more commonplace, highlighting the importance of secure scooting.

The Future of Kick Scooters

The future looks promising for the kick scooter market. As urban areas continue to expand and as the collective consciousness shifts towards more sustainable living, kick scooters are expected to play a vital role in shaping urban mobility.

In conclusion, the kick scooter, once a simple recreational toy, has now evolved into a symbol of modern, eco-friendly, and efficient transport. As technology continues to advance and cities adapt to accommodate this mode of transportation, it’s clear that the kick scooter market is on a path of steady ascent.

List of Companies Covered:

  • Unagi Scooter
  • Razor LLC
  • Xootr LLC
  • Fuzion Scooter
  • Segway Inc.
  • Globber Scooters
  • Exooter Scooter
  • Decathlon Group
  • AGDA NSW
  • Maxi Kickboard
  • Active Motors

By Segmentation Type

By Product Type

  • Electric
  • Non-electric

By Wheels Type

  • Two Wheels
  • Three Wheels
  • Four Wheels

By Application Type

  • Personal
  • Rental

By End-user Type

  • Kids
  • Adult

By Geography Type

  • North America (U.S. and Rest of North America)
  • Europe (U.K., Germany, France, and Rest of Europe)
  • Asia Pacific (Japan, China, India, and Rest of Asia Pacific)
  • Rest of World (Middle East & Africa (MEA), Latin America)

 

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Visit: https://www.credenceresearch.com



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