Global Electric Transporters Market Size Study, by Vehicle, by Battery (Sealed Lead Acid, NiMH, Li-Ion), by Voltage (24V, 36V, 48V, Greater Than 48V), and Regional Forecasts 2022-2032

Description

The Global Electric Transporters Market, valued at approximately USD 43.03 billion in 2023, is projected to grow at a CAGR of 8.4% during the forecast period 2024-2032. As the world shifts toward sustainable mobility, electric transporters are emerging as a crucial segment in the automotive landscape. These vehicles, ranging from e-scooters and e-bikes to electric skateboards and personal mobility solutions, are revolutionizing urban transportation by providing eco-friendly alternatives to conventional fuel-powered vehicles. The surging demand for emission-free transportation, backed by stringent environmental policies and increasing fuel costs, is propelling the adoption of electric transporters globally.

The market's momentum is primarily driven by technological advancements in battery efficiency, lightweight materials, and smart connectivity. Lithium-ion batteries, in particular, have significantly improved performance, offering longer ranges and shorter charging times, making electric transporters a viable choice for daily commuters. The rise of connected mobility solutions, including GPS tracking, IoT-enabled ride-sharing, and mobile app integration, further enhances user convenience and drives market penetration. Additionally, the demand for last-mile connectivity solutions is spurring innovation, with electric transporters becoming an integral part of urban micro-mobility ecosystems.

One of the major growth catalysts is the rising popularity of shared mobility services. With urban congestion escalating and cities emphasizing sustainability, the deployment of e-scooters and e-bikes in shared fleets is gaining traction. Companies are heavily investing in infrastructure, such as dedicated charging stations and battery swapping networks, to support the growing adoption. However, high initial costs and concerns about battery longevity pose challenges to widespread acceptance, though continuous advancements in battery recycling and second-life applications are expected to mitigate these limitations over time.

Geographically, North America remains a dominant player in the Global Electric Transporters Market, attributed to the strong presence of electric vehicle startups, increasing government incentives, and high consumer acceptance of e-mobility solutions. Europe follows closely, driven by stringent environmental regulations and the rapid expansion of dedicated cycling and e-mobility lanes. Meanwhile, the Asia-Pacific region is witnessing the fastest growth, fueled by rapid urbanization, high pollution levels, and government-led initiatives to curb carbon emissions. Countries such as China, India, and Japan are investing heavily in electric mobility infrastructure, further accelerating market expansion.

Major Market Players Included in This Report:

Segway-Ninebot
Razor USA LLC
Gogoro Inc.
Yadea Group Holdings Ltd.
Xiaomi Corporation
Boosted USA
Niu Technologies
Bird Rides, Inc.
Lime (Neutron Holdings, Inc.)
Micro Mobility Systems AG
Superpedestrian Inc.
Okai
Acton Inc.
Unagi Scooters
Inokim

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

By Vehicle:

Electric Scooters
Electric Bicycles
Electric Skateboards
Electric Hoverboards
Others

By Battery:

Sealed Lead Acid
NiMH
Li-Ion

By Voltage:

24V
36V
48V
Greater Than 48V

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 MEA

Years Considered for the Study:

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

Key Takeaways:

Market estimates and forecasts for 10 years (2022-2032).
Regional-level analysis with annualized revenue figures for each segment.
Country-level insights covering key markets in North America, Europe, Asia-Pacific, Latin America, and MEA.
Competitive landscape profiling major industry players and their strategic initiatives.
In-depth examination of market drivers, restraints, opportunities, and investment trends.
Insights into consumer preferences, demand-supply dynamics, and technology adoption trends in electric transporters.

Chapter 1. Global Electric Transporters Market Executive Summary

1.1. Global Electric Transporters Market Size & Forecast (2022-2032)
1.2. Regional Summary
1.3. Segmental Summary
- 1.3.1. By Vehicle
- 1.3.2. By Battery
- 1.3.3. By Voltage
1.4. Key Trends
1.5. Recession Impact
1.6. Analyst Recommendation & Conclusion

Chapter 2. Global Electric Transporters 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 Transporters Market Dynamics

3.1. Market Drivers
- 3.1.1. Increasing Demand for Emission-Free Transportation
- 3.1.2. Government Incentives and Environmental Regulations
- 3.1.3. Technological Advancements in Battery Efficiency and Smart Connectivity
3.2. Market Challenges
- 3.2.1. High Initial Costs of Electric Transporters
- 3.2.2. Concerns About Battery Longevity and Recycling
- 3.2.3. Limited Infrastructure for Charging and Battery Swapping
3.3. Market Opportunities
- 3.3.1. Expansion of Shared Mobility Services
- 3.3.2. Rising Adoption of Last-Mile Connectivity Solutions
- 3.3.3. Increasing Investment in Micro-Mobility Infrastructure

Chapter 4. Global Electric Transporters 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 Transporters Market Size & Forecasts by Vehicle (2022-2032)

5.1. Segment Dashboard
5.2. Global Electric Transporters Market: Vehicle Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 5.2.1. Electric Scooters
- 5.2.2. Electric Bicycles
- 5.2.3. Electric Skateboards
- 5.2.4. Electric Hoverboards
- 5.2.5. Others

Chapter 6. Global Electric Transporters Market Size & Forecasts by Battery (2022-2032)

6.1. Segment Dashboard
6.2. Global Electric Transporters Market: Battery Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 6.2.1. Sealed Lead Acid
- 6.2.2. NiMH
- 6.2.3. Li-Ion

Chapter 7. Global Electric Transporters Market Size & Forecasts by Voltage (2022-2032)

7.1. Segment Dashboard
7.2. Global Electric Transporters Market: Voltage Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 7.2.1. 24V
- 7.2.2. 36V
- 7.2.3. 48V
- 7.2.4. Greater Than 48V

Chapter 8. Global Electric Transporters Market Size & Forecasts by Region (2022-2032)

8.1. North America Electric Transporters Market
- 8.1.1. U.S. Electric Transporters Market
  - 8.1.1.1. Vehicle Breakdown Size & Forecasts, 2022-2032
  - 8.1.1.2. Battery Breakdown Size & Forecasts, 2022-2032
- 8.1.2. Canada Electric Transporters Market
8.2. Europe Electric Transporters Market
- 8.2.1. UK Electric Transporters Market
- 8.2.2. Germany Electric Transporters Market
- 8.2.3. France Electric Transporters Market
- 8.2.4. Spain Electric Transporters Market
- 8.2.5. Italy Electric Transporters Market
- 8.2.6. Rest of Europe Electric Transporters Market
8.3. Asia-Pacific Electric Transporters Market
- 8.3.1. China Electric Transporters Market
- 8.3.2. India Electric Transporters Market
- 8.3.3. Japan Electric Transporters Market
- 8.3.4. Australia Electric Transporters Market
- 8.3.5. South Korea Electric Transporters Market
- 8.3.6. Rest of Asia-Pacific Electric Transporters Market
8.4. Latin America Electric Transporters Market
- 8.4.1. Brazil Electric Transporters Market
- 8.4.2. Mexico Electric Transporters Market
- 8.4.3. Rest of Latin America Electric Transporters Market
8.5. Middle East & Africa Electric Transporters Market
- 8.5.1. Saudi Arabia Electric Transporters Market
- 8.5.2. South Africa Electric Transporters Market
- 8.5.3. Rest of Middle East & Africa Electric Transporters Market

Chapter 9. Competitive Intelligence

9.1. Key Company SWOT Analysis
- 9.1.1. Segway-Ninebot
- 9.1.2. Razor USA LLC
- 9.1.3. Gogoro Inc.
9.2. Top Market Strategies
9.3. Company Profiles
- 9.3.1. Segway-Ninebot
  - 9.3.1.1. Key Information
  - 9.3.1.2. Overview
  - 9.3.1.3. Financial (Subject to Data Availability)
  - 9.3.1.4. Product Summary
  - 9.3.1.5. Market Strategies
- 9.3.2. Razor USA LLC
- 9.3.3. Gogoro Inc.
- 9.3.4. Yadea Group Holdings Ltd.
- 9.3.5. Xiaomi Corporation
- 9.3.6. Boosted USA
- 9.3.7. Niu Technologies
- 9.3.8. Bird Rides, Inc.
- 9.3.9. Lime (Neutron Holdings, Inc.)
- 9.3.10. Micro Mobility Systems AG

Chapter 10. Research Process

10.1. Research Process
- 10.1.1. Data Mining
- 10.1.2. Analysis
- 10.1.3. Market Estimation
- 10.1.4. Validation
- 10.1.5. Publishing
10.2. Research Attributes