Global Electric Scooter Battery Market Report Size, Trends & Growth Opportunity, By Product (Lithium-ion (Li-ion), Lithium iron phosphate battery (LFP), Lithium Polymer (LiPo), Sealed Lead Acid Battery (SLA), Nickel Metal Hydride Battery (NiMH)), By Capacity (100 - 500 Wh, 500 - 1000 Wh, 1000 - 1500 Wh, 1500 - 2000 Wh, 2000 Wh & Above) and By Region (North America, Europe, Asia Pacific, Latin America, Middle East & South Africa) And Forecast Till 2027.
Report ID : IR1001908 | Industries : Food and Beverage | Published On :June 2024 | Page Count : 234
Global Electric Scooter Battery Market Report Size, Trends & Growth Opportunity, By Product (Lithium-ion (Li-ion), Lithium iron phosphate battery (LFP), Lithium Polymer (LiPo), Sealed Lead Acid Battery (SLA), Nickel Metal Hydride Battery (NiMH)), By Capacity (100 - 500 Wh, 500 - 1000 Wh, 1000 - 1500 Wh, 1500 - 2000 Wh, 2000 Wh & Above) and By Region (North America, Europe, Asia Pacific, Latin America, Middle East & South Africa) And Forecast Till 2027.
Global Electric Scooter Battery Market
The Global Electric Scooter Battery Market has a value of USD 1.66 Billion in 2021 and is anticipated to increase at a 19.62 % CAGR from 2022 to 2027 to reach USD 7.91 Billion.
Electric scooter batteries are power packs or storage units that store electric energy and provide power or voltage to the scooter's accessories such as the DC motor, lights, controller, and other parts of the scooter. The scooter battery is made of electronics and individual cells, making it lighter and thus a viable solution for powering an electric scooter. Furthermore, the electric scooter battery is available in a variety of configurations, including lead acid batteries, lithium batteries, nickel metal hydride batteries, and fuel cells.
Market Drivers
Due to improved car charging infrastructure in developed economies and rising gasoline prices, the market for electric scooter batteries is growing on a global scale. Because of zero carbon emissions, low operating and maintenance costs, and other factors, the reliance on lightweight electric vehicles is rapidly increasing. Furthermore, significant fiscal incentives boosted the adoption of light-duty electric vehicles, accelerating the growth of the electronic vehicle and battery industries. This has prompted the government and key manufacturing companies to invest in charging infrastructure to provide customers with efficient and advanced charging options.
Governments in China, the United States, Switzerland, and other nations have supported electronic vehicle charging infrastructure, according to a report from the International Energy Agency (IEA), through initiatives like direct investments in the construction of publicly accessible chargers or financial incentives for EV owners to install charging stations at home. Customers may become more receptive to using electric scooters as a result, which may boost the growth of the electric scooter battery market during the forecast period.
Market Restraints
SLA batteries contain lead and sulfuric acid, which when discarded on the ground can contaminate groundwater and pose a risk to both humans and the environment. Lead poisoning can cause a variety of health problems, including fatigue, anemia, kidney failure, and even death. Furthermore, because sulfuric acid is highly corrosive, it alters soil chemistry and may cause toxicity in the subsurface environment. Moreover, several regulatory bodies, including the United Nations Environment Programme (UNEP), the Environmental Protection Agency (EPA), the Ministry of Environment and Forests, and others, have established guidelines for the use and disposal of lead-acid batteries. During the forecast period, this is expected to impede the growth of the electric scooter battery market.
Market Segmentation
The Global Electric Scooter Battery is segmented into Products (Lithium-ion (Li-ion), Lithium iron phosphate battery (LFP), Lithium Polymer (LiPo), Sealed Lead Acid Battery (SLA), Nickel Metal Hydride Battery (NiMH)), By Capacity (100 - 500 Wh, 500 - 1000 Wh, 1000 - 1500 Wh, 1500 - 2000 Wh, 2000 Wh & Above) and Region (North America, Europe, Asia Pacific, Latin America, Middle East & South Africa).
Regional Analysis
Because of the increasing demand for affordable electric scooters for short distances and increasing government initiatives towards electric two-wheelers with improving advanced technology in the region, the Asia Pacific region holds a large number of market shares. This factor propels the market growth of the Electric Scooter Batteries Market.
Key Players
The Key Players in the Global Electric Scooter Battery Market are Shenzhen Believe Technology (Shenzhen), Sunbright Power, Sanyo, Samsung SDI, Sony, Panasonic, LG, Chilwee, Mahindra and Piaggio.
Market Taxonomy
Product
• Lithium-ion (Li-ion)
• Lithium iron phosphate battery (LFP)
• Lithium Polymer (LiPo)
• Sealed Lead Acid Battery (SLA)
• Nickel Metal Hydride Battery (NiMH)
Application
• Electricity Generation
• Space Applications
Regional Outlook
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and South Africa
.
Global Electric Scooter Battery Market
1 Introduction
1.1 Objective the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Electric Scooter Battery Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Cumulative Impact due to recent Energy Crisis
4.2.5 Cumulative Impact due to nearing economic downturn
4.2.6 Post covid-19 world Supply& Demand conditions
4.2.7 Cumulative Impact of Russia-Ukraine Conflict
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Electric Scooter Battery Market, By Product
5.1 Y-o-Y Growth Comparison, By Product
5.2 Global Electric Scooter Battery Market Share Analysis, By Product
5.3 Global Electric Scooter Battery Market Size and Forecast, By Product
5.3.1. Lithium-ion (Li-ion)
5.3.2. Lithium iron phosphate battery (LFP)
5.3.3. Lithium Polymer (LiPo)
5.3.4. Sealed Lead Acid Battery (SLA)
5.3.5. Nickel Metal Hydride Battery (NiMH)
6 Global Electric Scooter Battery Market, By Capacity
6.1 Y-o-Y Growth Comparison, By Capacity
6.2 Electric Scooter Battery Market Share Analysis, By Capacity
6.3 Electric Scooter Battery Market Size and Forecast, By Capacity
6.3.1. 100 - 500 Wh
6.3.2. 500 - 1000 Wh
6.3.3. 1000 - 1500 Wh
6.3.4. 1500 - 2000 Wh
6.3.5. 2000 Wh & Above
7 Global Electric Scooter Battery Market, By Region
7.1 Global Electric Scooter Battery Market Share Analysis, By Region
7.2 Global Electric Scooter Battery Market Size and Forecast, By Region
8 North America Electric Scooter Battery Market Analysis and Forecast (2022-2027)
8.1 Introduction
8.2 North America Electric Scooter Battery Market Size and Forecast, By Product
8.3 North America Electric Scooter Battery Market Size and Forecast, By Capacity
8.4 North America Electric Scooter Battery Market Size and Forecast, By Country
8.4.1 U.S.
8.4.2 Canada
8.4.3 Mexico
9 Europe Electric Scooter Battery Market Analysis and Forecast (2022-2027)
9.1 Introduction
9.2 Europe Electric Scooter Battery Market Share Analysis, By Product
9.3 Europe Electric Scooter Battery Market Size and Forecast, By Capacity
9.4 Europe Electric Scooter Battery Market Size and Forecast, By Country
9.4.1 Germany
9.4.2 France
9.4.3 UK
9.4.4 Rest of Europe
10 Asia Pacific Electric Scooter Battery Market Analysis and Forecast (2022-2027)
10.1 Introduction
10.2 Asia Pacific Electric Scooter Battery Market Share Analysis, By Product
10.3 Asia Pacific Electric Scooter Battery Market Size and Forecast, By Capacity
10.4 Asia Pacific Electric Scooter Battery Market Size and Forecast, By Country
10.4.1 China
10.4.2 Japan
10.4.3 India
10.4.4. Rest of Asia Pacific
11 Latin America Electric Scooter Battery Market Analysis and Forecast (2022-2027)
11.1 Introduction
11.2 Latin America Electric Scooter Battery Market Share Analysis, By Product
11.3 Latin America Electric Scooter Battery Market Size and Forecast, By Capacity
11.4 Latin America Electric Scooter Battery Market Size and Forecast, By Country
11.4.1. Brazil
11.4.2. Rest of Latin America
12 Middle East Electric Scooter Battery Market Analysis and Forecast (2022-2027)
12.1 Introduction
12.2 Middle East Electric Scooter Battery Market Share Analysis, By Product
12.3 Middle East Electric Scooter Battery Market Size and Forecast, Capacity
12.4 Middle East Electric Scooter Battery Market Size and Forecast, By Country
12.4.1. Saudi Arabia
12.4.2. UAE
12.4.3. Egypt
12.4.4. Kuwait
12.4.5. South Africa
13 Competitive Analysis
13.1 Competition Dashboard
13.2 Market share Analysis of Top Vendors
13.3 Key Development Strategies
14 Company Profiles
14.1 Shenzhen Believe Technology (Shenzhen)
14.1.1 Overview
14.1.2 Offerings
14.1.3 Key Financials
14.1.4 Business Segment & Geographic Overview
14.1.5 Key Market Developments
14.1.6 Key Strategies
14.2. Sunbright Power
14.2.1 Overview
14.2.2 Offerings
14.2.3 Key Financials
14.2.4 Business Segment & Geographic Overview
14.2.5 Key Market Developments
14.2.6 Key Strategies
14.3. Sanyo
14.3.1 Overview
14.3.2 Offerings
14.3.3 Key Financials
14.3.4 Business Segment & Geographic Overview
14.3.5 Key Market Developments
14.3.6 Key Strategies
14.4 Samsung SDI
14.4.1 Overview
14.4.2 Offerings
14.4.3 Key Financials
14.4.4 Business Segment & Geographic Overview
14.4.5 Key Market Developments
14.4.6 Key Strategies
14.5 Sony
14.5.1 Overview
14.5.2 Offerings
14.5.3 Key Financials
14.5.4 Business Segment & Geographic Overview
14.5.5 Key Market Developments
14.5.6 Key Strategies
14.6 Panasonic
14.6.1 Overview
14.6.2 Offerings
14.6.3 Key Financials
14.6.4 Business Segment & Geographic Overview
14.6.5 Key Market Developments
14.6.6 Key Strategies
14.7 LG
14.7.1 Overview
14.7.2 Offerings
14.7.3 Key Financials
14.7.4 Business Segment & Geographic Overview
14.7.5 Key Market Developments
14.7.6 Key Strategies
14.8 Chilwee
14.8.1 Overview
14.8.2 Offerings
14.8.3 Key Financials
14.8.4 Business Segment & Geographic Overview
14.8.5 Key Market Developments
14.8.6 Key Strategies
14.9 Mahindra
14.9.1 Overview
14.9.2 Offerings
14.9.3 Key Financials
14.9.4 Business Segment & Geographic Overview
14.9.5 Key Market Developments
14.9.6 Key Strategies
14.10 Piaggio
14.10.1 Overview
14.10.2 Offerings
14.10.3 Key Financials
14.10.4 Business Segment & Geographic Overview
14.10.5 Key Market Developments
14.10.6 Key Strategies