The water proof E-Scooter market is expected to escalate at a CAGR of 5.0% from US$ 5.1 Billion in 2022 to US$ 8.3 Billion by 2032.
More than 71% of E-Scooter models have water resistance ratings, according to FMI researchers. Compared to 2021, this is an increase from 40%. It’s important to remember, though, that various classes offer varying degrees of protection. These features have led to an increase in waterproof E-Scooter sales.
Sales of waterproof E-scooters are anticipated to increase at the fastest rate during the timeframe of the forecast. An ideal waterproof E-Scooter would include increased performance (both speed and range), a stronger stem clamp, a 4th generation frame, an updated multi-switch, turn signals, a motorcycle-grade horn, a footrest that serves as a grip, and a big rubber deck.
These attributes are expected to increase the waterproof E-Scooter market statistics between 2022 and 2032. Electric scooter producers are concentrating on releasing strong and robust E-Scooters in response to the increased demand for waterproof E-Scooters.
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The highest speed of some e-scooters can reach 62 mph, putting them on par with super-fast autos and driving up demand for waterproof e-scooters.
The ease with which customers may use waterproof E-Scooters is another element driving sales. A large battery with more range than people need is offered by a waterproof electric scooter like the Dualtron Thunder 2 (up to 106 miles and 60 miles).
Additionally, the battery is composed of premium cells that are effective because of their high energy density, which has led to an increase in the market for waterproof E-Scooters.
International businesses like Xiaomi, Ninebot, and Aovo provide a number of waterproof e-scooters that give users a selection of possibilities. This is expected to increase waterproof E-Scooter sales and market revenue growth throughout the forecast period.
The market share of waterproof E-Scooters is growing as a result of the constantly changing climate and rising fuel prices.
However, a waterproof electric scooter must adhere to a very specific criterion, which no electric scooter on the market today can claim to fully meet.
This is a major factor restraining the growth of the waterproof E-Scooter market size.
Even the most water-resistant scooters are still simply water-resistant, and while most of them can handle some riding in the rain or snow and won’t suffer water damage very often, they are not strictly waterproof. The demand analysis of the waterproof E-Scooter market suggests that customers require a scooter that is 100% waterproof and can travel longer distances.
This is a significant barrier impeding the expansion of the market for waterproof electric scooters.
Even the most water-resistant scooters are still only water-resistant; they are not strictly waterproof, even if the majority of them can handle some riding in the rain or snow and won’t frequently sustain water damage. Customers want a scooter that is completely waterproof and can go farther, according to the demand study of the market for waterproof electric scooters.
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KEY TAKEAWAYS:
- By type, two wheel category is expected to lead the waterproof E-Scooter market during the forecast period.
- By IP rating, IP65 category dominated the waterproof E-Scooter market, due to its durability to last in every climate.
- During the forecast period, the OEM segment is expected to dominate the waterproof E-Scooter market.
- With the rising popularity of waterproof E-Scooters and increased spending on waterproof E-Scooter, the United States leads the market.
- China waterproof E-Scooter market is forecast to grow at a highest CAGR of 18.7 during the forecast period.
- Japan waterproof E-Scooter market is expected to develop rapidly in the global waterproof E-Scooter industry with a CAGR of 13.5% from 2022 to 2032.
COMPETITIVE LANDSCAPE:
Key companies profiled in the waterproof E-Scooter market report include Xiaomi Corporation, Voro Motors, Segway, Apollo Scooters, GOTRAX, Aovopro , INOKIM, and KAABO.
Many players in the waterproof E-Scooter market are focusing on launching stores in several countries as part of a joint venture strategy to expand their global reach. To extend their market share, leading market players are focused on various growth strategies such as research and development, mergers and acquisitions, and the launch of new waterproof E-Scooters.
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By Product Type:
- Unicycle
- Two Wheeler
- Three Wheeler
By Wattage:
- Up to 250 Watt
- 250 to 450 Watts
- 450 to 700 Watts
- Above 700 Watts
By Battery Health:
- Healthy
- Good
- Bad
- Worst
By Distribution Channel:
- OEM
- E-Commerce
- Others
By Type:
- Lithium Ion Battery
- Sealed Lead Acid Batteries
- Nickel Metal Hydride Batteries
- Others
By Regions:
- Asia Pacific
- North America
- Europe
- Middle East & Africa
- Latin America
RECENT DEVELOPMENT:
Partnerships, Product Launches, Collaborations, and Agreements:
- Xiaomi released the Mi Electric Scooter Pro 2 in 2021. It’s a customized Mercedes-AMG Petronas F1 Team Edition with a top speed of 25 km/h and a range of 45 kilometers.
- In 2022, Aovo launched Aovo M365. It has a large and intelligent battery of 10.4 AH and a 350 W motor. Its brushless motor is one of its distinguishing features. This motor may easily allow your M365 Pro to go 30 to 35 kilometers after charging it 100 percent.
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