The waterproof e-scooter market is projected to grow at a 5% CAGR, with its value rising from USD 5.1 billion in 2022 to USD 8.3 billion in the coming years. According to FMI research, over 71% of e-scooter models now have water resistance features, up from just 40% in 2021, leading to a boost in sales.
This growth is expected to accelerate, with waterproof e-scooters seeing the fastest sales increase. Enhancements such as better speed and range, a sturdier stem clamp, fourth-generation frames, updated multi-switches, turn signals, motorcycle-grade horns, dual-purpose footrests, and larger rubber decks are driving demand. Some models, like those reaching 62 mph, are competing with high-performance vehicles, further fueling interest in waterproof options. Models like the Dualtron Thunder 2, offering up to 106 miles of range with a high-capacity battery, contribute to the market’s rise, with high-quality battery cells improving energy density and efficiency.
Brands like Xiaomi, Ninebot, and Aovo offer a range of waterproof e-scooters, enhancing revenue as awareness of weather patterns and fuel costs grows.
However, a key challenge persists: no e-scooter on the market is entirely waterproof. While many are water-resistant and can handle rain and snow, consumer demand is increasingly focused on fully waterproof models that can cover longer distances, which remains a major hurdle for the market’s expansion.
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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.
Key Segmentations
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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