Electric Scooters Market Size, Share, Trends, Growth Outlook

The Global Electric Scooters Market Size is estimated to register 9.5% growth over the forecast period from 2024 to 2030.

The market growth is driven by an increasing number of Electric scooters that are increasingly being integrated into broader micro-mobility solutions, including bike-sharing programs and ride-hailing services. Companies are diversifying their offerings to include electric scooters alongside bicycles and electric bikes, providing consumers with more options for short-distance travel. This integration not only expands the market reach of electric scooters but also offers users a seamless and interconnected transportation experience. Leading Companies focusing on Expansion into Emerging Markets, Integration with Smart City Infrastructure, Advancements in Battery Technology and Range, and others to boost market shares in the industry.

Electric Scooters Market Overview

The electric scooter market has experienced rapid growth driven by increasing urbanization, environmental concerns, and technological advancements. Key players such as Xiaomi, Segway-Ninebot, Bird, and Lime compete fiercely, offering a range of models catering to various consumer segments. Electric scooters have emerged as popular urban mobility solutions, particularly for short-distance commuting, supported by the proliferation of scooter-sharing services. Technological innovations, including improvements in battery technology and smart features, continue to enhance scooter performance and user experience. However, regulatory challenges and safety concerns pose obstacles to the market's full potential, requiring attention from policymakers and industry stakeholders.

Electric Scooters Market Dynamics

Electric Scooters Market Trends- Electric scooters are booming, powering the future of urban transportation.

The surge in popularity of electric scooters is transforming urban transportation, providing a glimpse of a more sustainable and efficient future. In response to issues like congestion and pollution, electric scooters offer a practical solution that is both environmentally friendly and convenient. Companies such as Lime and Bird are capitalizing on this trend by deploying fleets of electric scooters in cities worldwide, while established manufacturers like Segway-Ninebot and Xiaomi continue to enhance their offerings with advanced features and improved performance. As governments and policymakers seek to decrease reliance on cars and promote alternative modes of transportation, electric scooters are emerging as a pivotal player in the push for greener, smarter cities. With their compact size, emission-free operation, and user-friendly design, electric scooters are positioned to make a significant impact on the future of urban mobility.

Market Driver- Technological advancements in the electric scooter market are fueling an increase in demand.

Technological advancements within the electric scooter market are spurring an uptick in demand, driven by consumers' growing preference for transportation solutions that are both efficient and convenient. Innovations like regenerative braking systems, lightweight materials, and improved battery technology have notably bolstered electric scooters' performance and practicality. These enhancements translate to extended ranges, quicker charging capabilities, and augmented safety features, rendering electric scooters more appealing to a wider audience. Moreover, the integration of intelligent connectivity features such as GPS tracking and smartphone applications enriches the user experience and facilitates seamless rides. Consequently, the electric scooter market is witnessing rapid expansion, with manufacturers consistently innovating and diversifying their offerings to cater to the evolving requirements of urban commuters.

Market Opportunity- Government regulations and incentives shape the growth of the electric scooter market.

Government regulations and incentives play a crucial role in shaping the growth trajectory of the electric scooter market. Across the globe, policymakers are implementing measures to promote the adoption of electric vehicles, including electric scooters, as part of broader efforts to reduce greenhouse gas emissions and combat air pollution. Incentives such as subsidies, tax credits, and rebates make electric scooters more affordable for consumers, encouraging uptake and stimulating market demand. Additionally, regulatory frameworks governing the operation and safety standards of electric scooters help establish trust and legitimacy in the market, ensuring that users can ride safely and responsibly. However, the regulatory landscape varies widely between regions, with some jurisdictions facing challenges related to infrastructure development, zoning regulations, and conflicts with other road users. As the electric scooter market continues to evolve, policymakers must strike a balance between fostering innovation and ensuring public safety to unlock its full potential as a sustainable urban transportation solution.

Market Share Analysis- Hub Motors Electric Scooters Market will register the fastest growth

The Global Electric scooter market is analyzed across Belt Drive, Chain Drive, Hub Motors, and others. Hub Motors is poised to register the fastest growth. Hub motors are reshaping the electric scooter market with their efficiency, compact design, and seamless integration. These motors, installed directly into the wheels, provide benefits such as improved torque, smoother rides, and simplified maintenance. Their compactness allows for sleeker scooter designs while regenerative braking systems enhance energy efficiency. As electric scooter manufacturers innovate, hub motors are poised to drive the market forward, offering users a reliable and efficient urban transportation solution.

Market Share Analysis- Lithium Ion held a significant market share in 2024

The Global Electric Scooters Market is analyzed across various batteries including Lead Acid, Lithium Ion, and others. Of these, Lithium Ion held a significant market share in 2024. Lithium-ion batteries have rapidly gained dominance in the electric scooter market due to their superior attributes compared to lead-acid batteries. With higher energy density, lighter weight, faster charging times, and longer lifespan, lithium-ion batteries offer improved performance and range for electric scooters. This shift is driven by the demand for eco-friendly transportation solutions and the desire for enhanced efficiency and convenience. Consequently, manufacturers and consumers alike are increasingly favoring electric scooters equipped with lithium-ion batteries, propelling this segment's growth within the market.

Electric Scooters Market News

In the January 2024 Consumers Electronics Show in Las Vegas, Riley Scooter, a company based in Cambridge, unveiled its proposal to launch the RS3 Electric Scooter, a fully foldable electric scooter, in the United States.

In March 2023, Yadea Technology Group Co., Ltd., introduced its lineup of products, including the YADEA Fierider, YADEA VoltGuard Scooter, and YADEA Keeness Electric Motorcycle, in Vietnam. These offerings boast premium-quality construction and deliver an exceptional rider experience, positioning the company with a competitive advantage in the market.

Electric Scooters Market Segmentation

By Drive

• Belt Drive
• Chain Drive
• Hub Motors

By Battery

• Lead Acid
• Lithium Ion
• Others

By Product

• Standard
• Folding
• Self-Balancing
• Maxi
• Three wheeled

By Battery Fitting

• Detachable
• Fixed

By End-use

• Personal
• Commercial

By Region   

• North America (United States, Canada, Mexico)
• Europe (Germany, France, United Kingdom, Spain, Italy, Others)
• Asia Pacific (China, India, Japan, South Korea, Australia, and Others)
• Latin America (Brazil, Argentina, Others)
• Middle East and Africa (Saudi Arabia, UAE, Kuwait, Other Middle East, South Africa, Nigeria, Other Africa)

 

Electric Scooters Market Companies

• AllCell Technologies LLC
• BMW Motorrad International
• BOXX Corp
• Gogoro Inc
• Green Energy Motors Corp
• Greenwit Technologies Inc
• Honda Motor Co Ltd
• Jiangsu Xinri E-Vehicle Co Ltd
• KTM AG
• Mahindra GenZe.

 

 

*List not exhaustive

Electric Scooters Market Outlook 2024

1 Market Overview

1.1 Introduction to the Electric Scooters Market

1.2 Scope of the Study

1.3 Research Objective

1.3.1 Key Market Scope and Segments

1.3.2 Players Covered

1.3.3 Years Considered

 

2 Executive Summary

2.1 2024 Electric Scooters Industry- Market Statistics

3 Market Dynamics

3.1 Market Drivers

3.2 Market Challenges

3.3 Market Opportunities

3.4 Market Trends

 

4 Market Factor Analysis

4.1 Porter’s Five Forces

4.2 Market Entropy

4.2.1 Global Electric Scooters Market Companies with Area Served

4.2.2 Products Offerings Global Electric Scooters Market

 

5 Recession Impact Analysis and Outlook Scenarios

5.1.1 Recission Impact Analysis

5.1.2 Market Growth Scenario- Base Case

5.1.3 Market Growth Scenario- Reference Case

5.1.4 Market Growth Scenario- High Case

 

6 Global Electric Scooters Market Trends

6.1 Global Electric Scooters Revenue (USD Million) and CAGR (%) by Type (2018-2032)

6.2 Global Electric Scooters Revenue (USD Million) and CAGR (%) by Applications (2018-2032)

6.3 Global Electric Scooters Revenue (USD Million) and CAGR (%) by Regions (2018-2032)

 

7 Global Electric Scooters Market Revenue (USD Million) by Type, and Applications (2018-2023)

7.1 Global Electric Scooters Revenue (USD Million) by Type (2018-2023)

7.1.1 Global Electric Scooters Revenue (USD Million), Market Share (%) by Type (2018-2023)

7.2 Global Electric Scooters Revenue (USD Million) by Applications (2018-2023)

7.2.1 Global Electric Scooters Revenue (USD Million), Market Share (%) by Applications (2018-2023)

 

8 Global Electric Scooters Development Regional Status and Outlook

8.1 Global Electric Scooters Revenue (USD Million) By Regions (2018-2023)

8.2 North America Electric Scooters Revenue (USD Million) by Type, and Application (2018-2023)

8.2.1 North America Electric Scooters Revenue (USD Million) by Country (2018-2023)

8.2.2 North America Electric Scooters Revenue (USD Million) by Type (2018-2023)

8.2.3 North America Electric Scooters Revenue (USD Million) by Applications (2018-2023)

8.3 Europe Electric Scooters Revenue (USD Million), by Type, and Applications (USD Million) (2018-2023)

8.3.1 Europe Electric Scooters Revenue (USD Million), by Country (2018-2023)

8.3.2 Europe Electric Scooters Revenue (USD Million) by Type (2018-2023)

8.3.3 Europe Electric Scooters Revenue (USD Million) by Applications (2018-2023)

8.4 Asia Pacific Electric Scooters Revenue (USD Million), and Revenue (USD Million) by Type, and Applications (2018-2023)

8.4.1 Asia Pacific Electric Scooters Revenue (USD Million) by Country (2018-2023)

8.4.2 Asia Pacific Electric Scooters Revenue (USD Million) by Type (2018-2023)

8.4.3 Asia Pacific Electric Scooters Revenue (USD Million) by Applications (2018-2023)

8.5 South America Electric Scooters Revenue (USD Million), by Type, and Applications (2018-2023)

8.5.1 South America Electric Scooters Revenue (USD Million), by Country (2018-2023)

8.5.2 South America Electric Scooters Revenue (USD Million) by Type (2018-2023)

8.5.3 South America Electric Scooters Revenue (USD Million) by Applications (2018-2023)

8.6 Middle East and Africa Electric Scooters Revenue (USD Million), by Type, Technology, Application, Thickness (2018-2023)

8.6.1 Middle East and Africa Electric Scooters Revenue (USD Million) by Country (2018-2023)

8.6.2 Middle East and Africa Electric Scooters Revenue (USD Million) by Type (2018-2023)

8.6.3 Middle East and Africa Electric Scooters Revenue (USD Million) by Applications (2018-2023)

 

9 Company Profiles

 

10 Global Electric Scooters Market Revenue (USD Million), by Type, and Applications (2024-2032)

10.1 Global Electric Scooters Revenue (USD Million) and Market Share (%) by Type (2024-2032)

10.1.1 Global Electric Scooters Revenue (USD Million), and Market Share (%) by Type (2024-2032)

10.2 Global Electric Scooters Revenue (USD Million) and Market Share (%) by Applications (2024-2032)

10.2.1 Global Electric Scooters Revenue (USD Million), and Market Share (%) by Applications (2024-2032)

 

11 Global Electric Scooters Development Regional Status and Outlook Forecast

11.1 Global Electric Scooters Revenue (USD Million) By Regions (2024-2032)

11.2 North America Electric Scooters Revenue (USD Million) by Type, and Applications (2024-2032)

11.2.1 North America Electric Scooters Revenue (USD) Million by Country (2024-2032)

11.2.2 North America Electric Scooters Revenue (USD Million), by Type (2024-2032)

11.2.3 North America Electric Scooters Revenue (USD Million), Market Share (%) by Applications (2024-2032)

11.3 Europe Electric Scooters Revenue (USD Million), by Type, and Applications (2024-2032)

11.3.1 Europe Electric Scooters Revenue (USD Million), by Country (2024-2032)

11.3.2 Europe Electric Scooters Revenue (USD Million), by Type (2024-2032)

11.3.3 Europe Electric Scooters Revenue (USD Million), by Applications (2024-2032)

11.4 Asia Pacific Electric Scooters Revenue (USD Million) by Type, and Applications (2024-2032)

11.4.1 Asia Pacific Electric Scooters Revenue (USD Million), by Country (2024-2032)

11.4.2 Asia Pacific Electric Scooters Revenue (USD Million), by Type (2024-2032)

11.4.3 Asia Pacific Electric Scooters Revenue (USD Million), by Applications (2024-2032)

11.5 South America Electric Scooters Revenue (USD Million), by Type, and Applications (2024-2032)

11.5.1 South America Electric Scooters Revenue (USD Million), by Country (2024-2032)

11.5.2 South America Electric Scooters Revenue (USD Million), by Type (2024-2032)

11.5.3 South America Electric Scooters Revenue (USD Million), by Applications (2024-2032)

11.6 Middle East and Africa Electric Scooters Revenue (USD Million), by Type, and Applications (2024-2032)

11.6.1 Middle East and Africa Electric Scooters Revenue (USD Million), by region (2024-2032)

11.6.2 Middle East and Africa Electric Scooters Revenue (USD Million), by Type (2024-2032)

11.6.3 Middle East and Africa Electric Scooters Revenue (USD Million), by Applications (2024-2032)

 

12 Methodology and Data Sources

12.1 Methodology/Research Approach

12.1.1 Research Programs/Design

12.1.2 Market Size Estimation

12.1.3 Market Breakdown and Data Triangulation

12.2 Data Sources

12.2.1 Secondary Sources

12.2.2 Primary Sources

12.3 Disclaimer

 

List of Tables

Table 1 Market Segmentation Analysis

Table 2 Global Electric Scooters Market Companies with Areas Served

Table 3 Products Offerings Global Electric Scooters Market

Table 4 Low Growth Scenario Forecasts

Table 5 Reference Case Growth Scenario

Table 6 High Growth Case Scenario

Table 7 Global Electric Scooters Revenue (USD Million) And CAGR (%) By Type (2018-2032)

Table 8 Global Electric Scooters Revenue (USD Million) And CAGR (%) By Applications (2018-2032)

Table 9 Global Electric Scooters Revenue (USD Million) And CAGR (%) By Regions (2018-2032)

Table 10 Global Electric Scooters Revenue (USD Million) By Type (2018-2023)

Table 11 Global Electric Scooters Revenue Market Share (%) By Type (2018-2023)

Table 12 Global Electric Scooters Revenue (USD Million) By Applications (2018-2023)

Table 13 Global Electric Scooters Revenue Market Share (%) By Applications (2018-2023)

Table 14 Global Electric Scooters Market Revenue (USD Million) By Regions (2018-2023)

Table 15 Global Electric Scooters Market Share (%) By Regions (2018-2023)

Table 16 North America Electric Scooters Revenue (USD Million) By Country (2018-2023)

Table 17 North America Electric Scooters Revenue (USD Million) By Type (2018-2023)

Table 18 North America Electric Scooters Revenue (USD Million) By Applications (2018-2023)

Table 19 Europe Electric Scooters Revenue (USD Million) By Country (2018-2023)

Table 20 Europe Electric Scooters Revenue (USD Million) By Type (2018-2023)

Table 21 Europe Electric Scooters Revenue (USD Million) By Applications (2018-2023)

Table 22 Asia Pacific Electric Scooters Revenue (USD Million) By Country (2018-2023)

Table 23 Asia Pacific Electric Scooters Revenue (USD Million) By Type (2018-2023)

Table 24 Asia Pacific Electric Scooters Revenue (USD Million) By Applications (2018-2023)

Table 25 South America Electric Scooters Revenue (USD Million) By Country (2018-2023)

Table 26 South America Electric Scooters Revenue (USD Million) By Type (2018-2023)

Table 27 South America Electric Scooters Revenue (USD Million) By Applications (2018-2023)

Table 28 Middle East and Africa Electric Scooters Revenue (USD Million) By Region (2018-2023)

Table 29 Middle East and Africa Electric Scooters Revenue (USD Million) By Type (2018-2023)

Table 30 Middle East and Africa Electric Scooters Revenue (USD Million) By Applications (2018-2023)

Table 31 Financial Analysis

Table 32 Global Electric Scooters Revenue (USD Million) By Type (2024-2032)

Table 33 Global Electric Scooters Revenue Market Share (%) By Type (2024-2032)

Table 34 Global Electric Scooters Revenue (USD Million) By Applications (2024-2032)

Table 35 Global Electric Scooters Revenue Market Share (%) By Applications (2024-2032)

Table 36 Global Electric Scooters Market Revenue (USD Million), And Revenue (USD Million) By Regions (2024-2032)

Table 37 North America Electric Scooters Revenue (USD)By Country (2024-2032)

Table 38 North America Electric Scooters Revenue (USD Million) By Type (2024-2032)

Table 39 North America Electric Scooters Revenue (USD Million) By Applications (2024-2032)

Table 40 Europe Electric Scooters Revenue (USD Million) By Country (2024-2032)

Table 41 Europe Electric Scooters Revenue (USD Million) By Type (2024-2032)

Table 42 Europe Electric Scooters Revenue (USD Million) By Applications (2024-2032)

Table 43 Asia Pacific Electric Scooters Revenue (USD Million) By Country (2024-2032)

Table 44 Asia Pacific Electric Scooters Revenue (USD Million) By Type (2024-2032)

Table 45 Asia Pacific Electric Scooters Revenue (USD Million) By Applications (2024-2032)

Table 46 South America Electric Scooters Revenue (USD Million) By Country (2024-2032)

Table 47 South America Electric Scooters Revenue (USD Million) By Type (2024-2032)

Table 48 South America Electric Scooters Revenue (USD Million) By Applications (2024-2032)

Table 49 Middle East and Africa Electric Scooters Revenue (USD Million) By Region (2024-2032)

Table 50 Middle East and Africa Electric Scooters Revenue (USD Million) By Region (2024-2032)

Table 51 Middle East and Africa Electric Scooters Revenue (USD Million) By Type (2024-2032)

Table 52 Middle East and Africa Electric Scooters Revenue (USD Million) By Applications (2024-2032)

Table 53 Research Programs/Design for This Report

Table 54 Key Data Information from Secondary Sources

Table 55 Key Data Information from Primary Sources

 

List of Figures

Figure 1 Market Scope

Figure 2 Porter’s Five Forces

Figure 3 Global Electric Scooters Revenue (USD Million) By Type (2018-2023)

Figure 4 Global Electric Scooters Revenue Market Share (%) By Type (2023)

Figure 5 Global Electric Scooters Revenue (USD Million) By Applications (2018-2023)

Figure 6 Global Electric Scooters Revenue Market Share (%) By Applications (2023)

Figure 7 Global Electric Scooters Market Revenue (USD Million) By Regions (2018-2023)

Figure 8 Global Electric Scooters Market Share (%) By Regions (2023)

Figure 9 North America Electric Scooters Revenue (USD Million) By Country (2018-2023)

Figure 10 North America Electric Scooters Revenue (USD Million) By Type (2018-2023)

Figure 11 North America Electric Scooters Revenue (USD Million) By Applications (2018-2023)

Figure 12 Europe Electric Scooters Revenue (USD Million) By Country (2018-2023)

Figure 13 Europe Electric Scooters Revenue (USD Million) By Type (2018-2023)

Figure 14 Europe Electric Scooters Revenue (USD Million) By Applications (2018-2023)

Figure 15 Asia Pacific Electric Scooters Revenue (USD Million) By Country (2018-2023)

Figure 16 Asia Pacific Electric Scooters Revenue (USD Million) By Type (2018-2023)

Figure 17 Asia Pacific Electric Scooters Revenue (USD Million) By Applications (2018-2023)

Figure 18 South America Electric Scooters Revenue (USD Million) By Country (2018-2023)

Figure 19 South America Electric Scooters Revenue (USD Million) By Type (2018-2023)

Figure 20 South America Electric Scooters Revenue (USD Million) By Applications (2018-2023)

Figure 21 Middle East and Africa Electric Scooters Revenue (USD Million) By Region (2018-2023)

Figure 22 Middle East and Africa Electric Scooters Revenue (USD Million) By Type (2018-2023)

Figure 23 Middle East and Africa Electric Scooters Revenue (USD Million) By Applications (2018-2023)

Figure 24 Global Electric Scooters Revenue (USD Million) By Type (2024-2032)

Figure 25 Global Electric Scooters Revenue Market Share (%) By Type (2030)

Figure 26 Global Electric Scooters Revenue (USD Million) By Applications (2024-2032)

Figure 27 Global Electric Scooters Revenue Market Share (%) By Applications (2030)

Figure 28 Global Electric Scooters Market Revenue (USD Million) By Regions (2024-2032)

Figure 29 North America Electric Scooters Revenue (USD Million) By Country (2024-2032)

Figure 30 North America Electric Scooters Revenue (USD Million) By Type (2024-2032)

Figure 31 North America Electric Scooters Revenue (USD Million) By Applications (2024-2032)

Figure 32 Europe Electric Scooters Revenue (USD Million) By Country (2024-2032)

Figure 33 Europe Electric Scooters Revenue (USD Million) By Type (2024-2032)

Figure 34 Europe Electric Scooters Revenue (USD Million) By Applications (2024-2032)

Figure 35 Asia Pacific Electric Scooters Revenue (USD Million) By Country (2024-2032)

Figure 36 Asia Pacific Electric Scooters Revenue (USD Million) By Type (2024-2032)

Figure 37 Asia Pacific Electric Scooters Revenue (USD Million) By Applications (2024-2032)

Figure 38 South America Electric Scooters Revenue (USD Million) By Country (2024-2032)

Figure 39 South America Electric Scooters Revenue (USD Million) By Type (2024-2032)

Figure 40 South America Electric Scooters Revenue (USD Million) By Applications (2024-2032)

Figure 41 Middle East and Africa Electric Scooters Revenue (USD Million) By Region (2024-2032)

Figure 42 Middle East and Africa Electric Scooters Revenue (USD Million) By Region (2024-2032)

Figure 43 Middle East and Africa Electric Scooters Revenue (USD Million) By Type (2024-2032)

Figure 44 Middle East and Africa Electric Scooters Revenue (USD Million) By Applications (2024-2032)

Figure 45 Bottom-Up and Top-Down Approaches for This Report

Figure 46 Data Triangulation

 

Electric Scooters Market Segmentation

By Drive

• Belt Drive
• Chain Drive
• Hub Motors

By Battery

• Lead Acid
• Lithium Ion
• Others

By Product

• Standard
• Folding
• Self-Balancing
• Maxi
• Three wheeled

By Battery Fitting

• Detachable
• Fixed

By End-use

• Personal
• Commercial

By Region   

• North America (United States, Canada, Mexico)
• Europe (Germany, France, United Kingdom, Spain, Italy, Others)
• Asia Pacific (China, India, Japan, South Korea, Australia, and Others)
• Latin America (Brazil, Argentina, Others)
• Middle East and Africa (Saudi Arabia, UAE, Kuwait, Other Middle East, South Africa, Nigeria, Other Africa)