Global Electric Kick Scooter Market Size Study, by Battery Type (Lead-acid Battery, Lithium-ion Battery), by Drive Type, by Product, by End-Use (Personal, Commercial), and Regional Forecasts 2022-2032

Description

The global Electric Kick Scooter Market is valued at approximately USD 5.3 billion in 2023 and is projected to expand at an impressive CAGR of 11.9% over the forecast period from 2024 to 2032. Electric kick scooters have emerged as a sustainable, cost-effective, and convenient mode of urban transportation, resonating strongly with both environmentally conscious individuals and governments striving to reduce carbon footprints. These compact and lightweight scooters, powered by advanced battery technologies, are revolutionizing personal and commercial transportation across cities worldwide.

Rising urbanization, coupled with increasing concerns regarding environmental sustainability, has propelled the demand for electric kick scooters. The integration of lithium-ion batteries has enhanced the performance, range, and durability of these scooters, making them a popular choice for short commutes. Governments globally are offering subsidies and incentives to promote electric mobility, thereby fostering market growth. Additionally, the adoption of electric kick scooters is gaining traction in shared mobility services, catering to the growing demand for convenient and economical last-mile connectivity.

The market's upward trajectory is further fueled by advancements in battery technology, such as the introduction of long-lasting and quick-charging batteries. The shift from lead-acid to lithium-ion batteries has significantly improved the scooters' efficiency and reduced maintenance costs, enhancing their appeal to consumers. However, challenges such as high initial costs, limited charging infrastructure in developing economies, and concerns regarding battery disposal may hinder the market's growth to some extent. Nevertheless, the ongoing development of innovative battery solutions and smart connectivity features promises to unlock new opportunities in the coming years.

Regionally, Asia-Pacific holds the lion's share of the electric kick scooter market, underpinned by the high population density, rapid urbanization, and strong presence of key manufacturers in countries such as China and India. North America is also witnessing significant growth due to the rising adoption of eco-friendly transportation solutions and government initiatives promoting electric mobility. Europe remains a vital market, driven by stringent emission norms and the increasing popularity of shared micro-mobility services in cities like Paris, Berlin, and London.

Major Market Players Included in This Report Are:

Segway Inc.
Xiaomi Corporation
Ninebot Limited
Yadea Group Holdings Ltd.
Bird Rides, Inc.
Lime (Neutron Holdings, Inc.)
Razor USA LLC
Spin (Ford Motor Company)
Ather Energy
GoTrax
Glion Electric Scooters
Hover-1
Joyor Electric Scooters
Unagi Scooters
Levy Electric

The Detailed Segments and Sub-Segment of the Market Are Explained Below:

By Battery Type:

Lead-acid Battery
Lithium-ion Battery

By Drive Type:

Rear-wheel Drive
Front-wheel Drive
All-wheel Drive

By Product:

Foldable
Non-Foldable

By End-Use:

Personal
Commercial

By Region:

North America:

U.S.
Canada

Europe:

UK
Germany
France
Spain
Italy
Rest of Europe

Asia-Pacific:

China
India
Japan
Australia
South Korea
Rest of Asia-Pacific

Latin America:

Brazil
Mexico
Rest of Latin America

Middle East & Africa:

Saudi Arabia
South Africa
Rest of Middle East & Africa

Years Considered for the Study Are as Follows:

Historical Year: 2022
Base Year: 2023
Forecast Period: 2024-2032

Key Takeaways:

Market estimates and forecasts spanning 10 years, from 2022 to 2032.
Regional and annualized revenue analysis for each market segment.
Country-level analysis of major regions.
Comprehensive competitive landscape, including details of major players.
Strategic recommendations and insights for future market approaches.
Demand-side and supply-side trend analysis.

Chapter 1. Global Electric Kick Scooter Market Executive Summary

1.1. Global Electric Kick Scooter Market Size & Forecast (2022-2032)
1.2. Regional Summary
1.3. Segmental Summary
- 1.3.1. By Battery Type
- 1.3.2. By Drive Type
- 1.3.3. By Product
- 1.3.4. By End-Use
1.4. Key Trends
1.5. Recession Impact
1.6. Analyst Recommendation & Conclusion

Chapter 2. Global Electric Kick Scooter Market Definition and Research Assumptions

2.1. Research Objective
2.2. Market Definition
2.3. Research Assumptions
- 2.3.1. Inclusion & Exclusion
- 2.3.2. Limitations
- 2.3.3. Supply Side Analysis
  - 2.3.3.1. Availability
  - 2.3.3.2. Infrastructure
  - 2.3.3.3. Regulatory Environment
  - 2.3.3.4. Market Competition
  - 2.3.3.5. Economic Viability (Consumer's Perspective)
- 2.3.4. Demand Side Analysis
  - 2.3.4.1. Regulatory Frameworks
  - 2.3.4.2. Technological Advancements
  - 2.3.4.3. Environmental Considerations
  - 2.3.4.4. Consumer Awareness & Acceptance
2.4. Estimation Methodology
2.5. Years Considered for the Study
2.6. Currency Conversion Rates

Chapter 3. Global Electric Kick Scooter Market Dynamics

3.1. Market Drivers
- 3.1.1. Increasing Urbanization and Demand for Eco-Friendly Transport
- 3.1.2. Advancements in Battery Technology
- 3.1.3. Government Incentives and Subsidies
3.2. Market Challenges
- 3.2.1. High Initial Costs
- 3.2.2. Limited Charging Infrastructure in Developing Economies
3.3. Market Opportunities
- 3.3.1. Growth in Shared Mobility Services
- 3.3.2. Integration of Smart Connectivity Features
- 3.3.3. Expansion into Emerging Markets

Chapter 4. Global Electric Kick Scooter Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter's 5 Force Model
- 4.1.7. Porter's 5 Force Impact Analysis
4.2. PESTEL Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
- 4.2.5. Environmental
- 4.2.6. Legal
4.3. Top Investment Opportunities
4.4. Top Winning Strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendation & Conclusion

Chapter 5. Global Electric Kick Scooter Market Size & Forecasts by Battery Type 2022-2032

5.1. Segment Dashboard
5.2. Global Electric Kick Scooter Market: Battery Type Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
- 5.2.1. Lead-acid Battery
- 5.2.2. Lithium-ion Battery

Chapter 6. Global Electric Kick Scooter Market Size & Forecasts by Drive Type 2022-2032

6.1. Segment Dashboard
6.2. Global Electric Kick Scooter Market: Drive Type Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
- 6.2.1. Rear-wheel Drive
- 6.2.2. Front-wheel Drive
- 6.2.3. All-wheel Drive

Chapter 7. Global Electric Kick Scooter Market Size & Forecasts by Product 2022-2032

7.1. Segment Dashboard
7.2. Global Electric Kick Scooter Market: Product Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
- 7.2.1. Foldable
- 7.2.2. Non-Foldable

Chapter 8. Global Electric Kick Scooter Market Size & Forecasts by End-Use 2022-2032

8.1. Segment Dashboard
8.2. Global Electric Kick Scooter Market: End-Use Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
- 8.2.1. Personal
- 8.2.2. Commercial

Chapter 9. Global Electric Kick Scooter Market Size & Forecasts by Region 2022-2032

9.1. North America Electric Kick Scooter Market
- 9.1.1. U.S. Electric Kick Scooter Market
  - 9.1.1.1. Battery Type Breakdown Size & Forecasts, 2022-2032
  - 9.1.1.2. Drive Type Breakdown Size & Forecasts, 2022-2032
- 9.1.2. Canada Electric Kick Scooter Market
9.2. Europe Electric Kick Scooter Market
- 9.2.1. UK Electric Kick Scooter Market
- 9.2.2. Germany Electric Kick Scooter Market
- 9.2.3. France Electric Kick Scooter Market
- 9.2.4. Spain Electric Kick Scooter Market
- 9.2.5. Italy Electric Kick Scooter Market
- 9.2.6. Rest of Europe Electric Kick Scooter Market
9.3. Asia-Pacific Electric Kick Scooter Market
- 9.3.1. China Electric Kick Scooter Market
- 9.3.2. India Electric Kick Scooter Market
- 9.3.3. Japan Electric Kick Scooter Market
- 9.3.4. Australia Electric Kick Scooter Market
- 9.3.5. South Korea Electric Kick Scooter Market
- 9.3.6. Rest of Asia-Pacific Electric Kick Scooter Market
9.4. Latin America Electric Kick Scooter Market
- 9.4.1. Brazil Electric Kick Scooter Market
- 9.4.2. Mexico Electric Kick Scooter Market
- 9.4.3. Rest of Latin America Electric Kick Scooter Market
9.5. Middle East & Africa Electric Kick Scooter Market
- 9.5.1. Saudi Arabia Electric Kick Scooter Market
- 9.5.2. South Africa Electric Kick Scooter Market
- 9.5.3. Rest of Middle East & Africa Electric Kick Scooter Market

Chapter 10. Competitive Intelligence

10.1. Key Company SWOT Analysis
- 10.1.1. Segway Inc.
- 10.1.2. Xiaomi Corporation
- 10.1.3. Ninebot Limited
10.2. Top Market Strategies
10.3. Company Profiles
- 10.3.1. Segway Inc.
  - 10.3.1.1. Key Information
  - 10.3.1.2. Overview
  - 10.3.1.3. Financial (Subject to Data Availability)
  - 10.3.1.4. Product Summary
  - 10.3.1.5. Market Strategies
- 10.3.2. Xiaomi Corporation
- 10.3.3. Ninebot Limited
- 10.3.4. Yadea Group Holdings Ltd.
- 10.3.5. Bird Rides, Inc.
- 10.3.6. Lime (Neutron Holdings, Inc.)
- 10.3.7. Razor USA LLC
- 10.3.8. Spin (Ford Motor Company)
- 10.3.9. Ather Energy
- 10.3.10. GoTrax
- 10.3.11. Glion Electric Scooters
- 10.3.12. Hover-1
- 10.3.13. Joyor Electric Scooters
- 10.3.14. Unagi Scooters
- 10.3.15. Levy Electric

Chapter 11. Research Process

11.1. Research Process
- 11.1.1. Data Mining
- 11.1.2. Analysis
- 11.1.3. Market Estimation
- 11.1.4. Validation
- 11.1.5. Publishing
11.2. Research Attributes