PUBLISHER: Global Insight Services | PRODUCT CODE: 1650362
PUBLISHER: Global Insight Services | PRODUCT CODE: 1650362
Electric Scooters Market is anticipated to expand from $34.7 billion in 2023 to $84.0 billion by 2033, growing at a CAGR of approximately 9.2%. The electric scooters market encompasses the industry dedicated to the design, manufacturing, and distribution of battery-powered scooters for personal and shared mobility. This market includes various segments such as e-scooter sharing services, personal e-scooters, and associated infrastructure like charging stations. Driven by urbanization, environmental concerns, and technological advancements, it offers sustainable urban transportation solutions, catering to eco-conscious consumers and municipalities aiming to reduce traffic congestion and emissions.
The electric scooters market is experiencing robust growth, driven by urbanization and the need for sustainable transportation solutions. Among the segments, the lithium-ion battery sub-segment leads due to its efficiency and longer lifespan. The sealed lead acid battery sub-segment follows, benefiting from cost-effectiveness despite environmental concerns. In terms of vehicle type, the two-wheel electric scooter segment dominates, appealing to consumers with its versatility and ease of use. Three-wheel electric scooters are the second-highest performers, catering to the elderly and those with mobility issues. Regionally, Asia-Pacific is at the forefront, propelled by high population density, rapid urbanization, and supportive government policies. Europe ranks as the second most lucrative region, driven by stringent emission regulations and a strong emphasis on green mobility. Within countries, China stands out due to its manufacturing capabilities and government incentives, while Germany follows closely, supported by a robust automotive industry and consumer inclination towards eco-friendly solutions.
Market Segmentation | |
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Type | Folding, Standing/Self-Balancing, Retro, Kick, Three-Wheeled, Two-Wheeled, Off-Road, Cargo |
Product | Electric Kick Scooters, Electric Moped Scooters, Electric Motorcycle Scooters |
Technology | Battery Management System, Regenerative Braking, Smart Connectivity, Bluetooth, IoT Integration, GPS Tracking, Wireless Charging |
Component | Battery, Electric Motor, Controller, Chassis, Brakes, Wheels, Display, Lighting |
Application | Personal Commute, Shared Mobility, Rental Services, Delivery Services, Leisure |
End User | Individuals, Commercial, Government, Tourism |
Material Type | Aluminum, Steel, Carbon Fiber, Plastic |
Deployment | Docked, Dockless, Battery Swapping |
Mode | Manual, Semi-Autonomous, Autonomous |
Installation Type | Factory-Fitted, Retrofit |
Segway, Gogoro, NIU Technologies, Yadea, Xiaomi, Etergo, Ather Energy, Unagi Scooters, Voi Technology, Tier Mobility, Bird Rides, Lime, Spin, Bolt Mobility, HOPR, Scoot Networks, Wind Mobility, Dott, Beam, Revel Transit
International Energy Agency (IEA), European Commission - Mobility and Transport, U.S. Department of Transportation, National Renewable Energy Laboratory (NREL), International Transport Forum (ITF), World Resources Institute (WRI), United Nations Economic Commission for Europe (UNECE) - Transport Division, International Council on Clean Transportation (ICCT), Electric Power Research Institute (EPRI), Global EV Outlook (by IEA), The World Bank - Transport, International Association of Public Transport (UITP), Transport Research Laboratory (TRL), International Conference on Future Mobility, Electric Vehicle Symposium (EVS), European Battery, Hybrid and Fuel Cell Electric Vehicle Congress (EEVC), International Conference on Electric and Hybrid Vehicles, Consumer Electronics Show (CES) - Electric Mobility Segment, International Conference on Urban Transport and the Environment, World Electric Vehicle Journal (WEVJ)
Our research scope provides comprehensive market data, insights, and analysis across a variety of critical areas. We cover Local Market Analysis, assessing consumer demographics, purchasing behaviors, and market size within specific regions to identify growth opportunities. Our Local Competition Review offers a detailed evaluation of competitors, including their strengths, weaknesses, and market positioning. We also conduct Local Regulatory Reviews to ensure businesses comply with relevant laws and regulations. Industry Analysis provides an in-depth look at market dynamics, key players, and trends. Additionally, we offer Cross-Segmental Analysis to identify synergies between different market segments, as well as Production-Consumption and Demand-Supply Analysis to optimize supply chain efficiency. Our Import-Export Analysis helps businesses navigate global trade environments by evaluating trade flows and policies. These insights empower clients to make informed strategic decisions, mitigate risks, and capitalize on market opportunities.