- Charging
- Battery swapping
- Hybrid
- Fuel cell
- Sealed Lead Acid
- Li-Ion
- BMW Motorrad International
- Terra Motors Corporation
- Vmoto Limited
- Mahindra GenZe
-
North America
- U.S.A
- Canada
- Europe
- France
- Germany
- Spain
- UK
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South East Asia
- Latin America
- Brazil
- Middle East and Africa
- Market Forecast for 2024-2030
- Market growth drivers
- Challenges and Opportunities
- Emerging and Current market trends
- Market player Capacity, Production, Revenue (Value)
- Supply (Production), Consumption, Export, Import analysis
- End user/application Analysis
Electric Scooters Market Analysis & Forecast 2024-2030
Electric Scooters Market by Power Type (Charging, Battery swapping, Hybrid, Fuel cell) by Battery Type (Li-Ion, Sealed Lead Acid) by Industry Analysis, Volume, Share, Growth, Challenges, Trends, and Forecast 2024-2030, Regional Outlook ( North America, Europe, Asia-Pacific, Middle-East, Africa)
Global Electric Scooters Market is expected to reach USD 40553.89 million by 2031 with CAGR of 9.3 % between 2025 and 2031
Increasing price of the fuel and depletion of the petroleum resources and global warming, it is anticipated that Electric scooter market will grow in the forecast period. Electric scooters are easily extendable, programmable and repairable. They have a wide variety of Aftermarket customization for every component. Key factors providing an edge over traditional scooters are regenerative brakes, low noise levels, low economical maintenance cost and high efficiency. Globally scooter market now command over 31.9 per cent of the total two-wheeler sales.
Electric Scooter Market is segmented into retro, standing/self-balancing, and folding scooters. Retro styled Scooters is leading the market share and has dominated all other segment in the year 2023. Folding Scooters are those vehicle which shall meet young driver expectations to a smart, flexible and powerful vehicle. The use of IoT and big data technology has made the product unique. Folding Scooter is expected to advent CAGR of 9.1 % in the forecast period .
Asia Pacific has dominated all the other regions due to the strong presence of manufacturers like Japan, China. Rise in population, Surge in traffic congestion and low price of vehicles is acting as a catalyst for the growth of the market in these region. Whereas North America has registered the highest CAGR of 14.4 % in the year 2023. Increasing investment in infrastructure and technology will result into growth in the forecast period .
Electric Scooters Market : Power Type
Electric Scooters Market : Battery Type
Global Electric Scooters Market : Competitive Analysis
Report includes accurate analysis of key players with Market Value, Company profile, SWOT analysis. The Study consists of following key players in Global Electric Scooters Market :
Geographical analysis of Electric Scooters Market :
Global Electric Scooters Market Report delivers a comprehensive analysis of the following parameters:
Report Coverage
| Parameters | Details |
|---|---|
Base Year |
2024 |
Historical Data |
2018-2023 |
Forecast Data |
2024-2030 |
Base Year Value (2024) |
USD 21761.63 million |
Forecast Value (2031) |
USD 40553.89 million |
CAGR (2025-2030) |
9.3 % |
Regional Scope |
North America, Europe, Asian Pacific, Latin America, Middle East and Africa, and ROW |
Frequently Asked Questions (FAQ)
Electric Scooters Market was valued at around USD 21761.63 million in 2023 & estimated to reach USD 40553.89 million by 2030.
Electric Scooters Market is likely to grow at Compound Annual Growth Rate (CAGR) of 9.3% between 2024 to 2030.
Electric Scooters Market is dominated by the Li-Ion Battery segment and the Asia-Pacific region holds the highest market share in 2023.
Some of the top key players in the Electric Scooters Market are
Primary driving factors for the growth of the Electric Scooters Market include Rise in population, Surge in traffic congestion and low price of vehicles.
Yes, the report includes COVID 19 impact on the market.
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