System-in-Package (SiP) Die Technologies Market | Size, Share, COVID – 19 Outbreak and Forecast to 2027

System-in-package (SiP) die technologies is primarily a packaging technique used to incorporate various electronic sub components on to a single substrate coupled with other passive components. One of the major advantage of the system-in-package (SiP) die technologies is that it is not only an IC package incorporating several dies, nut also contain an actively functioning systems or subsystems in the IC package.

SiP technologies enables functioning of various active electronic components in a single unit to function simultaneously. With the help of technology, development of cheaper electronic products is moving at a stellar rate.

In recent years, popularity of miniaturization is rising in the electronic industry. This, in turn is anticipated boost demand for global system-in-package (SiP) die technologies during the forecast period.

Further, the global system-in-package (SiP) die technologies market is anticipated to be driven by design complexities in system-on-chip (SoC), rise in the number of the Internet of Things (IoT) devices, and growing demand for advanced and compact consumer electronic devices among others.

The upcoming report on the global system-in-package (SiP) die technologies market is a comprehensive study of its drivers and trends that will contribute to growth of the system-in-package (SiP) die technologies market is between 2019 and 2028. The report has emphasized on segments that are likely to contribute significantly to growth of the market. Also, regional growth is covered in the report.

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System-in-Package (SiP) Die Technologies Market– Notable Developments

SiP die technologies is widely employed in processors and graphic cards in order to provide improved output of games and videos. Players operating in the global system-in-package (SiP) die technologies market are extensively investing in research and development of these packaging technologies in order to gain competitive edge in the market.

For example, recently, AMD has introduced Zen processor. The processor offers 40% performance improvement when compared to its older version. The innovation is likely to provide competitive edge over the other companies operating in the global system-in-package (SiP) die technologies market.

Some of the key companies operating in the global system-in-package (SiP) die technologies market are Ase Inc., Amkor Technology Inc., Chipmos Tech. Inc., Chipbond Technology Corporation, Fujitsu Ltd., Jiangsu Changjiang Electronics Technology Co., Nanium SA, Qualcomm Incorporated, Powertech Technologies Inc., Stats Chippac Ltd, and Toshiba Corporation.

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System-in-Package (SiP) Die Technologies Market- Drivers and Restrains

Simple design of SiP is one of the key features likely to drive demand for the system-in-package (SiP) die technologies. Further, advantages offered by technologies such as compactness coupled with diverse application array is expected to boost the global system-in-package (SiP) die technologies market during the forecast period.

On the other hand, supply chain management for SiP market with the “one size fits all” approach is projected to pose severe challenges in growth of the global system-in-package (SiP) die technologies market. The market demand are fixed and is limited to well-defined supply chian.

System-in-Package (SiP) Die Technologies Market- Regional Outlook

On regional segment, the Asia Pacific market is estimated to hold prominent share in global system-in-package (SiP) die technologies market. Growth of the regional market is attributed to growing demand for consumer electronics, especially tablets and smartphones.

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Silo Bags Market 2020 Design Competition Strategies, Regional Trends and Opportunity Assessment by 2026

Transparency Market Research delivers key insights for the silo bags market in its published report, which include global industry analysis, size, share, growth, trends, and forecast for 2020-2026. In terms of growth, the global silo bags market is projected to witness growth of 6% by the end of 2026, owing to the benefit of storing grains for a long time, and providing protection against insects.

Packaging plays an important role for any product, as it is the first touch and visual point for customers. In addition to its role in marketing, packaging is vital for bulk shipping and protection. The silo bags market is driven by greater awareness about grain wastage during the process of cultivation. The population explosion in emerging economies is creating huge pressure on the overall production of crops. Silo bags can provide the necessary protection, allowing farmers to meet the increasing demand for crops. The relative cost-effectiveness of silo bags is poised to fuel demand in the silo bags market during the forecast period.

Preference for Convenience Packaging Boosts Silo Bags Market

A shift toward convenience packaging is assessed to be a prominent driver for the silo bags market. Modern farmers are discerning customers who need low cost, high performance, and flexible plastic sheets that can fit in a limited amount of space. This has led to innovative and creative solutions in the silo bags market. There is a strong demand for both smaller as well as medium-sized silo bags, as they improve the farmer’s ability to wait until there is a better time to process, handle, and deliver grains.

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With frequent technology upgrades, different types of machines such as rotary bagger machines are used to fill grains in silo bags. The machine has a grid at the end of the sealed bag that builds up a certain amount of pressure while filling up the bag. The other types of baggers are grinder hopper and bagger, truck bagger, and farm bagger hopper and auger.

Changing Demographics Impact Silo Bags Market

Demographics have an outsized influence on the global silos market and motivate the grain storage industry, culminating in the growth of the silo bags market. The emphasis of the silo bags market is to target small-scale farmers who typically cultivate crops in a paddock. Key stakeholders in the silo bags market are recommended to cater to the need of smaller farmers over their larger counterparts as a first priority. Silo bag manufacturers can work on products that serve smaller farmers and fulfill their requirements one of which is storage at the site of harvest, thereby substantially reducing the cost of transportation.

Increasing Preference for e-Commerce to Increase Sales of Silo Bags

In the last decade, penetration of silo bags market through Internet/e-Commerce retailing has gained momentum, as it is perceived to be very convenient and economical for buyers to make purchase. People across the globe can use the Internet as a medium to place their order of silo bags of various length and made of various different material type, along with all the accessories and proper guidance. Players of silo bags market such as UP North Plastics has started offering their products online to their customers, thus boosting the sales of silo bags.

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Silo Bags Market: Competition Landscape

The global silo bags market is highly fragmented in nature into which, a larger portion of market share is held by domestic market players. Some of the key players operating in the global silo bags market are RKW SE, Panama Group, RPC Group Plc, Ipesa – Rio Chico S.A, Grainpro Inc., Plastar S.A, Canadian Tarpaulin Manufacturer, Up North Plastics Inc., and Plastika Kritis S.A.

The tier structure is formulated on the basis of segmental revenue and market share of the company. As per tier structure, RKW SE, Up North Plastics Inc., and RPC Group Plc are the tier 1 players in the silo bags market. These players are focusing on expansion, acquisitions, and product development to gain a competitive edge in the market. Tier 2 players include Ipesa – Rio Chico S.A., Grainpro, Inc, Panama Group, Plastar S.A., and Canadian Tarpaulin Manufacturer.

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Flexible Packaging for Healthcare Market 2020: Development Strategy, Key Players Analysis, Future Trends and Outlook

Transparency Market Research delivers key insights for the flexible packaging for healthcare market in its published report, which include global industry analysis, size, share, growth, trends, and forecast for 2020-2028. In terms of revenue, the global flexible packaging for healthcare market is projected to expand 1.5x its current market value by the end of 2028, owing to increasing demand from pharma & biological and medical supplies end usage across several countries. About which TMR offers detailed insights and forecasts in the flexible packaging for healthcare market report.

Flexible packaging for healthcare is preferred for the various end usage, including medical supplies, pharma & biological, and medical devices. Flexible packaging for healthcare can offer complete protection from oxygen, moisture, and bacteria making it suitable for pharmaceutical products packaging applications. TMR team segmented the analysis of flexible packaging for healthcare market based on various factors such as material type, product type, and end use across five regions.

As per the TMR analysis, increasing incidences of chronic conditions, post COVID-19 scenario, expenditure on healthcare facilities, and rising demand for medicines, pharmaceuticals, healthcare, and nutraceuticals are driving the flexible packaging for healthcare market. Furthermore, high preference of clear flexible formats to package medicines and medical products across the globe is expected to boost the sales of flexible packaging for healthcare market.

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Growing Consumer Emphasis on Using More Compact Flexible Packaging

Packaging accounts for nearly 2 percent of the cost of purchase of any product. These numbers are high in countries of Europe, wherein Germany alone accounts for more than 48kg per person per annum of packaging consumption. Consumers have become more refined about environmental problems over the past few years; however, and favor lighter weight packing products to prioritize portable packaging and reduce waste.

Consumers across developed markets have shifted to smaller packaging purchase, which is re-sealable and easy to carry. Manufacturers are thus, providing high barrier film material, which eliminates the need for secondary material for packaging a product. In France, Germany, and the U.K., thermoformable films are preferred. This technology enables down-gauging of polymer material by up to 35%, ensuring high-performance barrier protection as compared to traditional films.

Flexible packaging for healthcare, such as films & wraps, sachets, and other products are becoming a common packaging solution in North America, as consumer demand for compact packaging is ramping up. This inclination of both manufactures and consumers toward flexible packaging for healthcare, continuously uplifting the growth of the worldwide demand for flexible packaging for healthcare.

Asia Pacific Emerging as Major Hub for Flexible Packaging for Healthcare Market

Due to expansion of key industries such as pharmaceutical, medical, and others, high demand for flexible packaging for healthcare is expected during the forecast period. India and China, which enjoy leading positions as two of the largest consumers of flexible packaging for healthcare in Asia Pacific, offer plenty of opportunities to vendors from across the world to invest in this lucrative market. This can either be carried out by collaborating with successful local players to expand in the region or through mergers and acquisitions.

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It is exciting to note that rising preference for flexible packaging solutions in the region is anticipated to create new market opportunities for global players. Flexible plastics are being increasingly replaced by rigid packaging and other non-plastic materials (including glass and metal), as these are lightweight, flexible, and durable. Over the past few years, highly populated emerging economies, such as India, China, Indonesia, and some ASEAN countries are implementing new technological advancements, owing to the demand for flexible packaging for healthcare.

Intolerance toward Plastic Resulting in Declining Consumption of Plastic Films

Plastic takes hundreds of years to decompose and therefore, is not favored by many countries and organizations. In fact, the European parliament has plans to ban all single-use plastics by the end of 2020. In the last few years, there has been a prominent increase in awareness regarding environmental issues associated with foodservice disposables, especially those manufactured with plastic material or lined with plastic. In 2016, France became the first country in the world to put a complete ban on disposable plastic cups and plates. A lot of medical waste such as syringes, plastic pouches, and others, has been found in oceans, which is directly affecting the habitat and causing environmental health concerns. According to a new French law, 50% of all disposable tableware must consist of biologically-sourced materials that can be composted at home. This law will be implemented from 2020.

Sudden changes in regulations could lead to a turbulence in the market, which might negatively impact the demand for plastic films. Furthermore, the flexible packaging industry is gradually shifting toward alternative solutions rather than using plastic films. This will ultimately impact the demand for flexible plastic packaging across the globe.

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Reclosable Films Market Analysis, Emerging Trends, Opportunity Assessment and Forecast 2026

Transparency Market Research delivers key insights for the reclosable films market in its published report, which include global industry analysis, size, share, growth, trends, and forecast for 2020–2026. In terms of revenue, the global market is projected to grow at an astonishing CAGR of 7.9% during the forecast period, owing to several factors, about which TMR offers detailed insights and forecasts in the reclosable films market report.

Reclosable films are high quality packaging films provide excellent oxygen and moisture barrier used to pack, store, and transport the variety of food and non-food items. Reclosable packaging films are predominantly used in key industries such as food & beverages, pharmaceuticals, personal care, and others industries, as a plastic packaging intermediary.

TMR team segmented the analysis of reclosable films market based on various factors such as material type, peel strength, packaging type, thickness, and demand from end-use industry across five regions. As per the TMR analysis, by packaging type, trays segment in the reclosable films is account for hefty market share and is expected to further lead the overall reclosable films market throughout the forecast period.

Rising Preference for Shelf Life Enhancing Packaging Solutions Augment Demand

Manufacturers develop reclosable films with robust seal performance. Reclosable films are used to address different types of packaging needs and exhibit superior sealing functionality. The shelf life of any product is a major factor for end users and thus, the demand for reclosable films is expected to increase considerably in the upcoming years.

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A small increase in shelf life, especially in meat products, is a valuable proposition for the industry participants and creates significant opportunities for them to enhance their market footprint. Packaging films and implementation of packaging formats, such as modified atmosphere packaging and vacuum, enables reclosable films packaging manufacturers and retailers to extend shelf life of various products, such as bakery & confectionery, fruits & vegetables, ready-to-eat foods, frozen foods, etc. The reclosable films demand is benefiting from the growing dominance of large retail chains in developed and developing national markets, as these chains help to expand the market for packaged foods while laying emphasis on shelf life extension.

Rising Consumption of Convenience Foods Supplement Sales of Reclosable Films

One of the key factors expected to play a crucial role in the growth in demand for reclosable films is increasing demand for convenience foods in emerging economies, such as China, India, and ASEAN countries. Convenience foods, such as bakery items, confectionery & snacks, and meat & dairy products available at various food outlets have witnessed significant rise in consumption. This is expected to positively impact the growth of the reclosable films market. Furthermore, the global food & beverages market has witnessed healthy growth over the past few years, and this is projected to continue in the foreseeable years. Moreover, this remarkable market growth is not just in mature markets of North America and European countries, but also in the fast-growing and developing markets in Asian countries. Furthermore, rising middle-class group coupled with increasing expenditure on food consumption in emerging markets is anticipated to boost the economic growth of the food & beverages industry. This is likely to create a positive impact on the demand for reclosable films across the globe.

Low Puncture Resistance Hampering Demand for Reclosable Films

Reclosable films are available in the market with a variety of thickness and grade, even though they fail to provide physical protection to the product. These reclosable films are prone to tear and have low puncture resistance which in turn may affect and degrade the product quality, pack, and seal inside it. Owing to this factor, reclosable films require gentle and proper handling throughout the value chain in order to provide protective and efficient packaging solution.

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Reclosable Films Market: Competition Landscape

The global reclosable films market is projected to witness strong competition among key players. This market includes many well-established market participants. Besides this, many other local players and start-ups are entering into reclosable films market attributing to significant revenue creation with the rising demand of reclosable films. Some of the key players operating in the global reclosable films market are DowDuPont Inc., Sealed Air Corporation, Korozo Ambalaj Sanayi Ve Ticaret AS, Schur Flexibles Holding GesmbH, Winpak Ltd., Industria Termoplastica Pavese SpA, Sudpack Verpackungen GmbH + Co. KG, Coveris Holdings S.A, Buergofol GmbH, Plastopil Hazorea Company Ltd, Berry Global Group, Inc, and TCL Packaging Ltd, among others.

The tier structure is formulated on the basis of segmental revenue and market share of the company. As per tier structure DowDuPont Inc., Korozo Ambalaj Sanayi Ve Ticaret AS, and Schur Flexibles Holding GesmbH are tier 1 players in the reclosable films market. These leading packaging giants are adopting key strategies such as acquisitions and product launch to reinforce their position in the reclosable films market. Moreover, tier 2 players are Sealed Air Corporation, Sudpack Verpackungen GmbH + Co. KG, and Plastopil Hazorea Company Ltd.

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B2B2C Insurance Market Analysis, Sales Revenue, Business Growth and Forecast 2030

Transparency Market Research delivers key insights on the global B2B2C insurance market. In terms of revenue, the global B2B2C insurance market is estimated to expand at a CAGR of ~9% during the forecast period, owing to numerous factors regarding which TMR offers thorough insights and forecasts in the global B2B2C insurance market report.

In the report, TMR predicts that the global B2B2C insurance market would be largely driven by factors such as increasing awareness about insurance products across the globe.

In the B2B2C insurance market report, the type segment includes life insurance and non-life insurance. Non-life insurance is further bifurcated into household content insurance, building insurance, monitor vehicle liability insurance, personal liability insurance, animal owner liability insurance, accident, transport, credit insurance, extended warranty, care, global assistance, travel, private unemployment, animal insurance, and others.

Based on nature of business, the market has been segmented into brick & mortar, e-Commerce, multi-channel, non-commercial, and service company. In terms of company size, the B2B2C insurance market is segmented into large enterprise and small & medium enterprise. Based on distribution channel, the market is segmented into online and offline. The B2B2C insurance market on the basis of industry is segmented into banks & financial institutions, automotive, utilities, retailers, travel, housing, lifestyle, and telecom.

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Rapid growth in acceptance of insurance product services is expected to propel the growth of the B2B2C insurance market in the future. The B2B2C insurance market is widely fragmented. Large number of small, medium, and large companies operate in the market at the global and domestic level. Companies are focusing on offering innovative solutions to increase their market reach. In recent years, increasing urban population and growing disposable income are factors influencing the growth of the B2B2C insurance market. Developing markets are witnessing rapid growth in middle-class population with better spending propensity, expecting value added service and seamless experiences. Developing countries are gaining demand for insurance product services, which is likely to drive the B2B2C insurance market, as this service is influencing them to opt for better lifestyles and better services.

The B2B2C insurance market is likely to remain popular among consumers over the next few years. The market growing at a rapid pace is also providing several opportunities to insurers. National and multi-country players have opportunities to target untapped markets of the globe for expansion of their business. Age groups from 18 to 35, majorly engaging in digital platforms provides an opportunity for insurers to invest in digital platforms by providing their customers with innovative solutions. In addition to this, prominent insurers have the opportunity to indulge in strategic partnerships with banks, financial services, and other third parties to enable smooth operations, continuous engagement with their clients, and offer unique services.

B2B2C Insurance Market: Prominent Regions

Asia Pacific is expected to remain a popular region in the B2B2C insurance market, due to rapid growth in sales of premium insurance, increase in the disposable income of middle class population, and penetration of multinational players in emerging countries such as India, China, Australia, and other Asian countries. This is expected to expand the growth of the B2B2C insurance market in Asia Pacific at a lucrative growth rate in the future as compared to other regions.

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The demand for B2B2C insurance in Europe and North America is estimated to expand at a significant pace in the near future, owing to rising preference of customers for insurance products. The U.K., Germany, France, Italy, the U.S., and Canada are anticipated to be prominent markets for B2B2C insurance during the forecast period.

The B2B2C insurance market in South America and Middle East & Africa are anticipated to grow at a rapid growth rate in the upcoming years. GCC, South Africa, and Brazil are anticipated to be potential markets for B2B2C insurance.

Major promising players are likely to focus on the expansion of business by undertaking strategic alliances and mergers and collaborations to strengthen their footprints in the global B2B2C insurance market. Companies are expanding their business by providing their premium through several distribution channels. Companies are also focusing on offering digital solutions to their consumers to increase profitability for sustainable growth of businesses.

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Peppermint Tea Market Growth Factors, Regional Trends, Future Plans and Outlook

Transparency Market Research delivers key insights on the global peppermint tea market. In terms of revenue, the global peppermint tea market is estimated to expand at a CAGR of ~ 8% during the forecast period, owing to numerous factors regarding which TMR offers thorough insights and forecasts in its report on the global peppermint tea market.

The global peppermint tea market is broadly affected by several factors, including shift in consumer preferences in terms of flavored tea. Thus, rising consumption of peppermint tea in different segments is propelling the global market for peppermint tea.

Peppermint Tea Market: Dynamics

Consumer shift toward flavored tea from traditional tea is influencing consumers to opt for peppermint tea, especially the millennial, as they consider it to be a healthy choice. Currently, peppermint tea is gaining popularity among users, owing to its multiple health benefits and enhanced taste. In addition, ease of availability in the form of dried leaves, loose leaf, or in paper bags is likely to encourage its demand from users.

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The increasing popularity of blended peppermint tea, owing to its ability of infusion from fruits, spices, and herbs is likely to appeal to users and enhance the sale of tea products. In India, China, Japan, and Sri Lanka, the presence of a strong consumer base for traditional tea is projected to promote the growth of the peppermint tea market. These factors are also driving the expansion of the global tea market in recent years.

The unblended tea segment of the global peppermint tea market is likely to remain popular due to its rising popularity among consumers. In addition, these types of tea are considered to be natural tea wherein majority of the raw material is peppermint and green tea. However, the development of new blends by suppliers having better combinations with mint is estimated to appeal to users. These types of tea are enriched with different ingredients such as spices, herbs, and fruits for a unique taste and fragrance.

Peppermint Tea Market: Prominent Regions

The global peppermint tea market is likely to remain popular in the U.S and China, due to the presence of a strong consumer base for herbal tea and preference for mint based products. In North Africa, peppermint tea is also referred to as Moroccan mint tea.  This seems to be a popular choice among users from the past few centuries, as it found to be a native tea of North Africa. The majority of consumers prefer this type of tea rather than other herbal teas in the region. Nonetheless, rising popularity of herbal and flavored tea, especially, peppermint tea among users is projected to boost the growth of the market all over the globe.

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Peppermint Tea Market: Key Players

Key players operating in the global peppermint tea market are Associated British Foods plc, Tata Consumer Products, Unilever N.V., The Hain Celestial Group, Orientis Gourmet SAS, R.C. Bigelow Inc., Dilmah Ceylon Tea Co. Plc, Yamamotoyama Co. Ltd., Harney & Sons Tea Company, and The Republic of Tea.

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Electric Scooters Market: Competitive Landscape, Future Plans, Opportunities and Comprehensive Research Study Till 2026

The demand within the global market for electric scooters has been rising on account of the pressing need to control global air pollution levels. Electric scooters are manufactured through special technologies wherein a rechargeable battery runs the electric motor of the vehicle. These scooters have been gaining popularity across several regions on account of their fuel efficiency, smooth functioning, and eco-friendly appeal. It is expected that the development of stronger and more reliable electric scooters would drive a large consumer base towards buying these vehicles.

Moreover, the efforts of international environmental organisations to promote electric vehicles are also expected to drive demand within the global market for electric scooters. Electric scooters have been a commendable development for the domain of electric automotives, and the former is projected to witness greater adoption as against electric cars in the years to come. Considering the aforementioned dynamics, it is legit to expect that the global market for electric scooters would expand at a stellar CAGR in the years to come.

The global market for electric scooters can be segmented on the basis of the following parameters: product type, voltage type, battery type, and region. In order to get a thorough understanding of the global electric scooters market, it is important to delve into the market segments.

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A report added by Transparency Market Research (TMR) on the global market for electric scooters detangles various complexities pertaining to the market dynamics. Apart from giving various market insights, the report coherently explains several ways in which the market could grow over the forthcoming years. Furthermore, the regional dynamics of the global electric scooters market have also been elucidated within the report.

Global Electric Scooters Market: Trends and Opportunities

The demand within the global market for electric scooters is projected to touch new heights as several government and non-government bodies make efforts to reduce the global carbon footprint. Furthermore, a range of financial incentives have been extended towards developing a robust electric automotive industry which is also projected to propel market demand. Furthermore, depletion of fossil fuels is a daunting problem that can only be resolved through the creation of a self-sufficient electric automotive sector. Hence, the demand for electric scooters is expected to escalating as people and organisations show a sense of accountability towards the environment.

The low noise and high functional efficiency of electric scooters is projected to play a pivotal role in the growth of the global market. Furthermore, the presence of several market vendors who are making ceaseless efforts to develop savvy electric scooters is also expected to prople demand within the global market for electric scooters. On the flip side, the high costs associated with the manufacture and maintenance of electric scooters could pose a threat to the growth of the global market.

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Global Electric Scooters Market: Market Potential

The demand within the market for electric scooters in North America is projected to rise on account of the accountability shown by governments and environmental organisations in the US. Furthermore, the market for electric scooters in Europe is also expected to expand on account of the need to bring down carbon emissions across EU nations.

Global Electric Scooters Market: Competitive Landscape

Some of the key players in the global market for electric scooters are Terra Motors Corporation, Gogoro Inc., Vmoto Limited, and Jiangsu Xinri Electric Vehicle Co. Ltd.

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