Electric skateboards are based on traditional human-powered skateboards, plus a means of transportation with electric kits. The control method of electric scooters is the same as that of traditional electric bicycles, and it is easy to be learned by drivers. Compared with traditional electric bicycles, the structure is simpler, the wheels are smaller, lighter and more convenient, and it can save a lot of social resources.
Overview of the current status of the global electric scooter market
In 2020, the global electric scooter market will reach US$1.215 billion, and it is expected to reach US$3.341 billion in 2027, with a compound growth rate (CAGR) of 14.99% from 2021 to 2027. In the next few years, the industry will have great uncertainty. The forecast data for 2021-2027 in this article is based on the historical development of the past few years, the opinions of industry experts, and the opinions of analysts in this article.
In 2020, the global production of electric scooters will be 4.25 million units. It is estimated that the output will reach 10.01 million units in 2027, and the compound growth rate from 2021 to 2027 will be 12.35%. In 2020, the global output value will reach 1.21 billion US dollars. Nationwide, China’s output will reach 3.64 million units in 2020, accounting for 85.52% of the world’s total output of electric scooters; followed by North America’s output of 530,000 units, accounting for 12.5% of the world’s total. The electric scooter industry as a whole continues to maintain steady growth and coordinate Good momentum of development. Most of Europe, America and Japan import electric scooters from China.
The technical barriers of China’s electric scooter industry are relatively low. The production enterprises have evolved from electric bicycle and motorcycle enterprises. The main production enterprises in the country include No. In the entire electric scooter industry, Xiaomi has the largest output, accounting for about 35% of China’s total output in 2020.
Electric scooters are mainly used as a daily means of transportation for ordinary people. As a means of transportation, electric scooters are convenient and fast, with low travel costs, while alleviating urban traffic pressure and improving the quality of life of low-income groups.
In the field of electric scooters, the market competes in an orderly manner, and companies regard technology and innovation as the driving force for development. As the disposable income of rural residents increases, the demand for electric scooters is strong. Electric scooter manufacturers have access restrictions. At the same time, factors such as energy, transportation costs, labor costs, and depreciation of production equipment affect the production cost of electric scooters. Therefore, enterprises with backward technology, weak financial strength, and low management level will be gradually eliminated in the fierce market competition, and the competitiveness of advantageous enterprises with independent research and development capabilities will be further strengthened, and their market share will be further expanded. . Therefore, in the electric scooter industry, all enterprises should pay attention to technological innovation, equipment update and process improvement, improve product quality, and enhance their own brands.