From US$ 5,106.2 million in 2022 to US$ 8,329.4 million in 2032, the waterproof E-Scooter market is predicted to grow at a CAGR of 5.0 percent.
The COVID-19 epidemic had a negative impact on the market share of waterproof eScooters. Sales of waterproof eScooters have declined as a result of imposed lockdowns and severe requirements to stay inside the home, as well as a reduction in consumer spending on non-essential things.
More than 71 percent of eScooter models have water resistance ratings, according to FMI researchers. (This is an increase from 40% in 2021). However, it’s important to keep in mind that the level of protection afforded by these classifications differs. Sales of waterproof eScooters are increasing as a result of these features.
Sales of waterproof eScooters are predicted to expand at the fastest rate over the projection period. A waterproof eScooter should have higher performance (both speed and range), a stronger stem clamp, a 4th generation frame, updated multi-switch, turn signals, a motorcycle-grade horn, a footrest that doubles as a grip, and a big rubber deck.
The waterproof eScooter market statistics are expected to improve between 2022 and 2032 as a result of these qualities. Electric scooter producers are working on releasing powerful and durable eScooters in response to increased demand for waterproof eScooters.
The peak speed of some eScooters is 62 mph, putting them on par with ultra-high-performance vehicles and driving demand for waterproof eScooters.
COMPETITIVE LANDSCAPE:
Xiaomi Corporation, Voro Motors, Segway, Apollo Scooters, GOTRAX, Aovopro , INOKIM, and KAABO.
