Scooter Market Report 2026

The scooter market size has grown strongly in recent years. It will grow from $78.19 billion in 2025 to $83.68 billion in 2026 at a compound annual growth rate (CAGR) of 7%. The growth in the historic period can be attributed to urban congestion growth, affordability of two-wheeler transportation, expansion of last-mile mobility needs, availability of low-cost manufacturing, rising fuel price volatility.

The scooter market size is expected to see strong growth in the next few years. It will grow to $109.45 billion in 2030 at a compound annual growth rate (CAGR) of 6.9%. The growth in the forecast period can be attributed to increasing electrification of personal transport, expansion of smart city mobility programs, rising demand for connected vehicles, growing investments in battery innovation, increasing adoption of shared mobility services. Major trends in the forecast period include rising adoption of electric scooters, growing demand for urban micro-mobility solutions, expansion of shared scooter platforms, increasing focus on lightweight vehicle design, enhanced integration of smart connectivity features.

The growth of urbanization is expected to drive the scooter market in the coming years. Urbanization is the process in which a growing share of the population resides in cities and towns rather than rural areas, involving the expansion of urban populations and infrastructure. Increasing urbanization is largely driven by people moving to cities in search of better employment opportunities and improved living standards compared to rural regions. Scooters support urbanization by providing quick and cost-effective personal mobility within cities, helping commuters travel efficiently to workplaces and markets and enabling residents to live farther from congested city centers while maintaining access to urban amenities. For example, in 2024, according to the World Bank, a U.S.-based multilateral financial institution, the urban population represented 57% of the global population in 2023 and increased to 58% in 2024. Consequently, rising urbanization is fueling the growth of the scooter market.

Leading companies operating in the scooter market are introducing innovative products equipped with advanced technologies, such as auto-balancing technology, to strengthen their competitive position. Auto-balancing technology refers to a self-stabilizing system that enables scooters to maintain balance automatically, ensuring a smoother and more stable riding experience. For instance, in January 2023, Liger Mobility, an India-based motor vehicle manufacturing company, launched the Liger X and Liger X+, the world’s first self-balancing electric scooters. These models feature patented AutoBalancing technology that provides automatic balance at low speeds, improving rider safety, comfort, and convenience.

In September 2023, Bird, a U.S.-based provider of electric scooters and shared micromobility services, acquired Spin for an undisclosed amount. Through this acquisition, Bird aims to reinforce its leadership position in the North American market and broaden its micromobility service portfolio across major urban areas. Spin is a U.S.-based company offering shared electric scooters and micromobility solutions.

Major companies operating in the scooter market report include Yadea Technology Group Co. Ltd., Ninebot Limited, Neutron Holdings Inc., Bird Rides Inc., Honda Motor Co. Ltd., Yamaha Motor Pvt. Ltd., Piaggio & C SpA, Suzuki Motor Corporation, Hero MotoCorp Ltd., Bajaj Auto Ltd., TVS Motor Company Ltd., Mahindra & Mahindra Ltd., Kawasaki Heavy Industries Ltd., Sanyang Motor Co. Ltd., Gogoro Inc., NIU Technologies, Segway Inc., Razor USA LLC, Okinawa Autotech Pvt. Ltd., Ather Energy Pvt. Ltd., Ampere Electric Vehicles Pvt Ltd., Ola Electric Mobility Pvt. Ltd., Zhongneng Vehicle Group Co. Ltd., Baotian Motorcycle Industrial Co. Ltd., Bashan Motorcycle Manufacturing Co. Ltd.

Asia-Pacific was the largest region in the scooter market in 2025. Asia-Pacific is expected to be the fastest-growing region in the scooter market report during the forecast period. The regions covered in the scooter market report include Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the scooter market report include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The scooter market consists of sales of electric scooters, balancing scooters, e-scooters, and motor cycles. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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