PUBLISHER: Stratistics Market Research Consulting | PRODUCT CODE: 1530752
PUBLISHER: Stratistics Market Research Consulting | PRODUCT CODE: 1530752
According to Stratistics MRC, the Global Kids E-Scooter Market is accounted for $318.6 million in 2024 and is expected to reach $400.9 million by 2030 growing at a CAGR of 3.9% during the forecast period. A Kids E-Scooter is a compact, battery-powered personal transportation device designed specifically for children. It features a platform to stand on, handlebars for steering, and an electric motor for propulsion. These scooters are used for short-distance travel, outdoor play, and recreational activities. They offer an eco-friendly way for kids to move around neighborhoods, parks, or school grounds while developing balance and coordination skills.
According to a report by the United Nations Department of Economic and Social Affairs, it's projected that by 2050, 68% of the world's population will live in urban areas. This trend towards denser cities fuels the need for convenient and space-saving modes of transportation, making micro mobility solutions like e-scooters increasingly attractive.
Growing interest in active play
The increasing interest in active play is a significant driver for the kids E-Scooter market. Parents are becoming more aware of the importance of physical activity for their children's health and development. E-scooters provide a fun and engaging way for kids to be active outdoors, promoting balance, coordination, and motor skills. This trend aligns with the growing emphasis on experiential parenting, where parents seek products that enhance their children's growth and experiences. The popularity of e-scooters among children also contributes to their adoption.
Regulation and laws
Many jurisdictions have implemented or are considering restrictions on e-scooter use, particularly for children. These regulations may include age limits, helmet requirements, speed restrictions, or limitations on where e-scooters can be ridden. Such legal constraints can impact market growth by limiting the potential customer base and creating barriers to adoption. Additionally, varying regulations across different regions can complicate product development and marketing strategies for manufacturers, potentially increasing costs and slowing market expansion.
Focus on safety features
As parents become more safety-conscious, manufacturers can differentiate their products by incorporating advanced safety technologies. This may include improved braking systems, speed limiters, LED lights for visibility, and sturdy construction materials. Developing smart features like GPS tracking or parental control apps can also address safety concerns. By emphasizing safety innovations, companies can attract safety-conscious parents and potentially command premium prices. This focus on safety can also help in navigating regulatory challenges and building trust with consumers, ultimately driving market growth.
Product liability concerns
Owing to the growing popularity of e-scooters among children, the risk of accidents and injuries increases, potentially leading to lawsuits against manufacturers. These legal challenges can result in financial losses, damage to brand reputation, and increased insurance costs. The threat of liability may also lead to more stringent safety regulations, potentially increasing production costs and limiting design flexibility.
The COVID-19 pandemic initially disrupted the Kids E-Scooter market due to supply chain issues and retail closures. However, it also accelerated demand as families sought outdoor activities during lockdowns. The pandemic heightened interest in personal mobility solutions, benefiting e-scooter sales. Long-term impacts include increased focus on hygiene features and a shift towards online sales channels, reshaping market strategies and consumer preferences.
The plastic segment is expected to be the largest during the forecast period
The plastic segment dominates the Kids E-Scooter market due to its versatility, durability, and cost-effectiveness. Plastic components allow for lightweight designs, crucial for children's ease of use. They offer flexibility in color and shape, enabling attractive designs that appeal to young users. Plastic materials also provide good impact resistance, enhancing safety. The segment's growth is further driven by advancements in eco-friendly plastics, addressing sustainability concerns. Manufacturers prefer plastic for its ease of production and ability to meet various safety standards, contributing to its market dominance.
The online segment is expected to have the highest CAGR during the forecast period
The online segment is experiencing the highest CAGR in the Kids E-Scooter market, driven by the increasing preference for e-commerce platforms. Online channels offer convenience, a wider product selection, and competitive pricing, attracting tech-savvy parents. The COVID-19 pandemic accelerated this trend, shifting consumer behavior towards online shopping. E-commerce platforms provide detailed product information, customer reviews, and easy comparison tools, aiding purchase decisions. Additionally, the growth of mobile shopping and social media marketing further propels the online segment's rapid expansion.
The European region is expected to dominate the Market due to its strong focus on sustainable urban mobility and child-friendly transportation options. European cities' well-developed infrastructure and bike-friendly culture provide an ideal environment for e-scooter adoption. Stringent safety regulations in the region have led to the development of high-quality, safe products, increasing consumer trust. Additionally, Europe's emphasis on reducing carbon emissions and promoting active lifestyles among children aligns well with e-scooter usage. The region's early adoption of e-mobility trends and supportive government initiatives further solidify its market leadership.
The Asia Pacific region anticipates rapid growth in the kids E-Scooter Market, driven by urbanization, rising disposable incomes, and increasing awareness of eco-friendly transportation options. The region's large youth population and growing emphasis on outdoor activities for children contribute to market expansion. Countries like China and India are seeing a surge in demand for personal mobility solutions, including kids' e-scooters. Additionally, the region's manufacturing capabilities and cost-effective production are attracting investments from global e-scooter brands. Government initiatives promoting electric vehicles and smart city concepts further accelerate market growth in Asia Pacific.
Key players in the market
Some of the key players in Kids E-Scooter market include Razor USA LLC, Segway Inc., Xiaomi Corporation, Bird Rides Inc., Micro Mobility Systems AG, Swagtron, Gotrax, Globber, Jetson Electric Bike, Anker Innovations, Glion Electric Scooters, Puzey Motor Corporation, IconBIT, Hover-1, Yvolution, and Inokim.
In December 2023, Segway-Ninebot, a leading provider of innovative mobility solutions, is pleased to announce that its children's electric scooter, the Ninebot e-KickScooter C2 Pro, has received the prestigious Tick Mark certification from Intertek, making it the world's first children's electric scooter to achieve this distinction.
In August 2023, Razor USA, the leading innovator of scooters and wheeled goods, announced the introduction of the all-new Ground Force Rad Rod, a small-sized electric-powered go kart for younger riders (6+) and the latest product in Razor's Ground Force line. The Rad Rod is the smallest addition to the line-up, joining the mid-size Ground Force and larger Ground Force Elite. Its peak performance, agile drifting ability and parental speed control switch make it a perfect introduction to powered play for kids.
In May 2023, Razor USA LLC, maker of the Hovertrax line of self-balancing scooters often referred to as "hoverboards," together with inventor Mr. Shane Chen and DGL Group, Ltd., maker of the Hover-1 line of hoverboard products, announced a confidential settlement of the patent infringement case Razor and Mr. Chen brought against DGL.
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.