The global electric scooter market size is expected to reach USD 78.65 billion by 2030, registering a CAGR of 9.9% during the forecast period. Increasing demand for air combating, fuel-economic high-performance vehicles is expected to fuel the growth of the industry. In addition, a growing number of government initiatives to increase the adoption of EVs, automobile manufacturers’ investment in the development of battery charging infrastructure, and rising disposable income in developing nations are expected to drive the growth further. Moreover, the ease of maneuverability and extensive driving agility of e-scooters are expected to boost their demand.
Key players are focusing on improving quality, enhancing performance, comfort, and safety, and lowering the cost of maintenance. In addition, prominent players are undertaking strategic steps to expand their customer base in the international market. They are focusing on launching a range of e-scooters. For instance, Gogoro, Inc., and KYMCO expanded their reach in other regions to capture the benefit of the untapped market. Furthermore, prominent players, such as GenZe by Mahindra, YAMAHA Motor Pvt. Ltd., Vässla Electric Scooters., and PURE EV, have invested in installing charging systems across various countries and are offering swappable battery systems in their e-scooter variants.
The Asia Pacific region is expected to witness the fastest CAGR over the forecast period due to increasing government focus on replacing the existing fleet with EVs in developing economies, such as China, India, and ASEAN countries. Moreover, government and e-scooter manufacturers are investing in developing the public charging infrastructure, which will encourage consumers to shift to e-scooters over their counterparts. The governments in European countries have been providing subsidies to drive the sales of battery-powered two-wheelers. These initiatives are anticipated to become more robust with increasing gasoline prices.
Electric Scooters Market Report Highlights
- The personal end-use segment is expected to register the fastest growth rate from 2023 to 2030. This growth can be attributed to significant demand for e-scooters
- Based on battery, the lithium-ion segment dominated the industry in 2022 due to benefits, such as low cost and robustness
- Asia Pacific is expected to be the largest as well as the fastest-growing regional market during the forecast period
- This is owing to significant investments in vehicle charging infrastructure and government subsidies for battery-powered scooters
Table of Contents
Chapter 1 Methodology and Scope1.1. Market segmentation & scope
1.2. Market Definition
1.3. Information procurement
1.3.1. Purchased database
1.3.2. internal database
1.3.3. Secondary sources & third-party perspectives
1.3.4. Primary research
1.4. Information analysis
1.5. Market formulation & data visualization
1.6. Data validation & publishing
Chapter 2. Executive Summary
Chapter 3. Electric Scooters Market Variables, Trends & Scope
3.1. Market Dynamics
3.1.1. Market Driver Analysis
3.1.2. Market Challenge Analysis
3.2. Industry Value Chain Analysis
3.3. Business Environment Analysis Tools
3.3.1. Industry Analysis - Porter’s Five Forces Analysis
3.3.2. PEST Analysis
3.4. Electric Scooters Market: Key Company Analysis, 2022
3.5. Electric Scooters Market: Regulatory Landscape
3.5.1. North America
3.5.2. Europe
3.5.3. Asia Pacific
3.6. Impact of COVID on Electric Scooters Market
Chapter 4. Electric Scooters Market Drive Type Segment Analysis
4.1. Belt Drive
4.1.1. Belt Drive electric scooters market, 2018 - 2030 (USD Million)
4.2. Chain Drive
4.2.1. Chain Drive electric scooters market, 2018 - 2030 (USD Million)
4.3. Hub Motor
4.3.1. Hub motor electric scooters market, 2018 - 2030 (USD Million)
Chapter 5. Electric Scooters Market Battery Segment Analysis
5.1. Lead Acid
5.1.1. Sealed lead acid electric scooters market, 2018 - 2030 (USD Million)
5.2. Lithium-Ion
5.2.1. Lithium-Ion electric scooters market, 2018 - 2030 (USD Million)
5.3. Other
5.3.1. Other electric scooters market, 2018 - 2030 (USD Million)
Chapter 6. Electric Scooters Market End-use Segment Analysis
6.1. Personal Use
6.1.1. Personal use electric scooters market, 2018 - 2030 (USD Million)
6.2. Commercial Use
6.2.1. Commercial use electric scooters market, 2018 - 2030 (USD Million)
Chapter 7. Electric Scooters Market Regional Analysis
7.1. North America
7.1.1. North America electric scooters market, by country, 2018 - 2030 (USD Million)
7.1.2. North America electric scooters market, by drive, 2018 - 2030 (USD Million)
7.1.3. North America electric scooters market, by battery, 2018 - 2030 (USD Million)
7.1.4. North America electric scooters market, by end-use, 2018 - 2030 (USD Million)
7.1.5. U.S.
7.1.5.1. Electric Scooters market by drive, 2018 - 2030 (USD Million)
7.1.5.2. Electric Scooters market by battery, 2018 - 2030 (USD Million)
7.1.5.3. Electric Scooters market by end-use, 2018 - 2030 (USD Million)
7.1.6. Canada
7.1.6.1. Canada electric scooters market, by drive, 2018 - 2030 (USD Million)
7.1.6.2. Canada electric scooters market, by battery, 2018 - 2030 (USD Million)
7.1.6.3. Canada electric scooters market, by end-use, 2018 - 2030 (USD Million)
7.2. Europe
7.2.1. Europe electric scooters market, by country, 2018 - 2030 (USD Million)
7.2.2. Europe electric scooters market, by drive, 2018 - 2030 (USD Million)
7.2.3. Europe electric scooters market, by battery, 2018 - 2030 (USD Million)
7.2.4. Europe electric scooters market, by end-use, 2018 - 2030 (USD Million)
7.2.5. Germany
7.2.5.1. Germany electric scooters market, by drive, 2018 - 2030 (USD Million)
7.2.5.2. Germany electric scooters market, by battery, 2018 - 2030 (USD Million)
7.2.5.3. Germany electric scooters market, by end-use, 2018 - 2030 (USD Million)
7.2.6. U.K.
7.2.6.1. U.K. electric scooters market, by drive, 2018 - 2030 (USD Million)
7.2.6.2. U.K. electric scooters market, by battery, 2018 - 2030 (USD Million)
7.2.6.3. U.K. electric scooters market, by end-use, 2018 - 2030 (USD Million)
7.2.7. France
7.2.7.1. France electric scooters market, by drive, 2018 - 2030 (USD Million)
7.2.7.2. France electric scooters market, by battery, 2018 - 2030 (USD Million)
7.2.7.3. France electric scooters market, by end-use, 2018 - 2030 (USD Million)
7.3. Asia Pacific
7.3.1. Asia Pacific electric scooters market, by country, 2018 - 2030 (USD Million)
7.3.2. Asia Pacific electric scooters market, by drive, 2018 - 2030 (USD Million)
7.3.3. Asia Pacific electric scooters market, by battery, 2018 - 2030 (USD Million)
7.3.4. Asia Pacific electric scooters market, by end-use, 2018 - 2030 (USD Million)
7.3.5. China
7.3.5.1. China electric scooters market, by drive, 2018 - 2030 (USD Million)
7.3.5.2. China electric scooters market, by battery, 2018 - 2030 (USD Million)
7.3.5.3. China electric scooters market, by end-use, 2018 - 2030 (USD Million)
7.3.6. Japan
7.3.6.1. Japan electric scooters market, by drive, 2018 - 2030 (USD Million)
7.3.6.2. Japan electric scooters market, by battery, 2018 - 2030 (USD Million)
7.3.6.3. Japan electric scooters market, by end-use, 2018 - 2030 (USD Million)
7.3.7. India
7.3.7.1. India electric scooters market, by drive, 2018 - 2030 (USD Million)
7.3.7.2. India electric scooters market, by battery, 2018 - 2030 (USD Million)
7.3.7.3. India electric scooters market, by end-use, 2018 - 2030 (USD Million)
7.4. Latin America
7.4.1. Latin America electric scooters market, by country, 2018 - 2030 (USD Million)
7.4.2. Latin America electric scooters market, by drive, 2018 - 2030 (USD Million)
7.4.3. Latin America electric scooters market, by battery, 2018 - 2030 (USD Million)
7.4.4. Latin America electric scooters market, by end-use, 2018 - 2030 (USD Million)
7.4.5. Brazil
7.4.5.1. Brazil electric scooters market, by drive, 2018 - 2030 (USD Million)
7.4.5.2. Brazil electric scooters market, by battery, 2018 - 2030 (USD Million)
7.4.5.3. Brazil electric scooters market, by end-use, 2018 - 2030 (USD Million)
7.4.6. Mexico
7.4.6.1. Mexico electric scooters market, by drive, 2018 - 2030 (USD Million)
7.4.6.2. Mexico electric scooters market, by battery, 2018 - 2030 (USD Million)
7.4.6.3. Mexico electric scooters market, by end-use, 2018 - 2030 (USD Million)
7.5. MEA electric scooters market, by drive, 2018 - 2030 (USD Million)
7.6. MEA electric scooters market, by battery, 2018 - 2030 (USD Million)
7.7. MEA electric scooters market, by end-use, 2018 - 2030 (USD Million)
Chapter 8. Competitive Landscape
8.1. AllCell Technologies LLC
8.1.1. Company Overview
8.1.2. Financial Performance
8.1.3. Product Benchmarking
8.1.4. Strategic Initiatives
8.2. BMW Motorrad International
8.2.1. Company Overview
8.2.2. Financial Performance
8.2.3. Product Benchmarking
8.2.4. Strategic Initiatives
8.3. BOXX Corp.
8.3.1. Company Overview
8.3.2. Financial Performance
8.3.3. Product Benchmarking
8.3.4. Strategic Initiatives
8.4. Gogoro, Inc.
8.4.1. Company Overview
8.4.2. Financial Performance
8.4.3. Product Benchmarking
8.4.4. Strategic Initiatives
8.5. Green Energy Motors Corp.
8.5.1. Company Overview
8.5.2. Financial Performance
8.5.3. Product Benchmarking
8.5.4. Strategic Initiatives
8.6. Greenwit Technologies Inc.
8.6.1. Company Overview
8.6.2. Financial Performance
8.6.3. Product Benchmarking
8.6.4. Strategic Initiatives
8.7. Honda Motor Co. Ltd.
8.7.1. Company Overview
8.7.2. Financial Performance
8.7.3. Product Benchmarking
8.7.4. Strategic Initiatives
8.8. Jiangsu Xinri E-Vehicle Co., Ltd.
8.8.1. Company Overview
8.8.2. Financial Performance
8.8.3. Product Benchmarking
8.8.4. Strategic Initiatives
8.9. KTM AG
8.9.1. Company Overview
8.9.2. Financial Performance
8.9.3. Product Benchmarking
8.9.4. Strategic Initiatives
8.10. Mahindra GenZe
8.10.1. Company Overview
8.10.2. Financial Performance
8.10.3. Product Benchmarking
8.10.4. Strategic Initiatives
8.11. Peugeot Scooters
8.11.1. Company Overview
8.11.2. Financial Performance
8.11.3. Product Benchmarking
8.11.4. Strategic Initiatives
8.12. Suzuki Motor Corporation
8.12.1. Company Overview
8.12.2. Financial Performance
8.12.3. Product Benchmarking
8.12.4. Strategic Initiatives
8.13. Terra Motors Corporation
8.13.1. Company Overview
8.13.2. Financial Performance
8.13.3. Product Benchmarking
8.13.4. Strategic Initiatives
8.14. Vmoto Limited
8.14.1. Company Overview
8.14.2. Financial Performance
8.14.3. Product Benchmarking
8.14.4. Strategic Initiatives
8.15. Yadea Technology Group Co., Ltd.
8.15.1. Company Overview
8.15.2. Financial Performance
8.15.3. Product Benchmarking
8.15.4. Strategic Initiatives
8.16. Yamaha Motor Company Ltd.
8.16.1. Company Overview
8.16.2. Financial Performance
8.16.3. Product Benchmarking
8.16.4. Strategic Initiatives
8.17. Xiaomi
8.17.1. Company Overview
8.17.2. Financial Performance
8.17.3. Product Benchmarking
8.17.4. Strategic Initiatives
8.18. Ninebot Limited
8.18.1. Company Overview
8.18.2. Financial Performance
8.18.3. Product Benchmarking
8.18.4. Strategic Initiatives
8.19. Lime
8.19.1. Company Overview
8.19.2. Financial Performance
8.19.3. Product Benchmarking
8.19.4. Strategic Initiatives
8.20. Spin
8.20.1. Company Overview
8.20.2. Financial Performance
8.20.3. Product Benchmarking
8.20.4. Strategic Initiatives
List of Tables
Table 1 List of Abbreviation
Table 2 Belt drive electric scooters market, 2018 - 2030 (USD Million)
Table 3 Chain Drive electric scooters market, 2018 - 2030 (USD Million)
Table 4 Hub motor electric scooters market, 2018 - 2030 (USD Million)
Table 5 Lead acid battery market, 2018 - 2030 (USD Million)
Table 6 Lithium Ion battery market, 2018 - 2030 (USD Million)
Table 7 Other battery market, 2018 - 2030 (USD Million)
Table 8 Personal use electric scooters market, 2018 - 2030 (USD Million)
Table 9 Commerical use electric scooters market, 2018 - 2030 (USD Million)
Table 10 North America electric scooters market, by country, 2018 - 2030 (USD Million)
Table 11 North American electric scooters market, by drive, 2018 - 2030 (USD Million)
Table 12 North America electric scooters market, by battery, 2018 - 2030 (USD Million)
Table 13 North America electric scooters, by end use, 2018 - 2030 (USD Million)
Table 14 U.S. electric scooters market, by drive, 2018 - 2030 (USD Million)
Table 15 U.S. electric scooters market, by battery, 2018 - 2030 (USD Million)
Table 16 U.S. electric scooters market, by end use, 2018 - 2030 (USD Million)
Table 17 Canada electric scooters market, by drive, 2018 - 2030 (USD Million)
Table 18 Canada electric scooters market, by battery, 2018 - 2030 (USD Million)
Table 19 Canada electric scooters market, by end use, 2018 - 2030 (USD Million)
Table 20 Europe electric scooters market, by country, 2018 - 2030 (USD Million)
Table 21 Europe electric scooters market, by drive, 2018 - 2030 (USD Million)
Table 22 Europe electric scooters market, by battery, 2018 - 2030 (USD Million)
Table 23 Europe electric scooters market, by end-use, 2018 - 2030 (USD Million)
Table 24 Germany electric scooters market, by drive, 2018 - 2030 (USD Million)
Table 25 Germany electric scooters market, by battery, 2018 - 2030 (USD Million)
Table 26 Germany electric scooters market, by end-use, 2018 - 2030 (USD Million)
Table 27 U.K. electric scooters market, by drive, 2018 - 2030 (USD Million)
Table 28 U.K. electric scooters market, by battery, 2018 - 2030 (USD Million)
Table 29 U.K. electric scooters market, by end-use, 2018 - 2030 (USD Million)
Table 30 France electric scooters market, by drive, 2018 - 2030 (USD Million)
Table 31 France electric scooters market, by battery, 2018 - 2030 (USD Million)
Table 32 France electric scooters market, by end-use, 2018 - 2030 (USD Million)
Table 33 Asia Pacific electric scooters market, by country, 2018 - 2030 (USD Million)
Table 34 Asia Pacific electric scooters market, by drive, 2018 - 2030 (USD Million)
Table 35 Asia Pacific electric scooters market, by battery, 2018 - 2030 (USD Million)
Table 36 Asia Pacific electric scooters market, by end-use, 2018 - 2030 (USD Million)
Table 37 China electric scooters market, by drive, 2018 - 2030 (USD Million)
Table 38 China electric scooters market, by battery, 2018 - 2030 (USD Million)
Table 39 China electric scooters market, by end-use, 2018 - 2030 (USD Million)
Table 40 Japan electric scooters market, by drive, 2018 - 2030 (USD Million)
Table 41 Japan electric scooters market, by battery, 2018 - 2030 (USD Million)
Table 42 Japan electric scooters market, by end-use, 2018 - 2030 (USD Million)
Table 43 India electric scooters market, by drive, 2018 - 2030 (USD Million)
Table 44 India electric scooters market, by battery, 2018 - 2030 (USD Million)
Table 45 India electric scooters market, by end-use, 2018 - 2030 (USD Million)
Table 46 Latin America electric scooters market, by country, 2018 - 2030 (USD Million)
Table 47 Latin America electric scooters market, by drive, 2018 - 2030 (USD Million)
Table 48 Latin America electric scooters market, by battery, 2018 - 2030 (USD Million)
Table 49 Latin America electric scooters market, by end-use, 2018 - 2030 (USD Million)
Table 50 Brazil electric scooters market, by drive, 2018 - 2030 (USD Million)
Table 51 Brazil electric scooters market, by battery, 2018 - 2030 (USD Million)
Table 52 Brazil electric scooters market, by end-use, 2018 - 2030 (USD Million)
Table 53 Mexico electric scooters market, by drive, 2018 - 2030 (USD Million)
Table 54 Mexico electric scooters market, by battery, 2018 - 2030 (USD Million)
Table 55 Mexico electric scooters market, by end-use, 2018 - 2030 (USD Million)
Table 56 MEA electric scooters market, by drive, 2018 - 2030 (USD Million)
Table 57 MEA electric scooters market, by battery, 2018 - 2030 (USD Million)
Table 58 MEA electric scooters market, by end-use, 2018 - 2030 (USD Million)
List of Figures
Fig. 1 Market research process
Fig. 2 Information procurement
Fig. 3 Electric scooters segmentation
Fig. 4 Electric Scooters market snapshot
Fig. 5 Electric Scooters market, 2018 - 2030 (USD Million)
Fig. 6 Electric scooters market, by drive, 2018 - 2030 (USD Million)
Fig. 7 Electric scooters market, by battery, 2018 - 2030 (USD Million)
Fig. 8 Electric scooters market, by end use, 2018 - 2030 (USD Million)
Fig. 9 Electric scooters market, by region, 2018 - 2030 (USD Million)
Fig. 10 Electric scooters market: value chain analysis
Fig. 11 Electric scooters market: key company analysis, 2020
Fig. 12 Electric scooters market: PEST analysis
Fig. 13 Electric scooters market: Porter’s five forces analysis
Fig. 14 Electric scooters market: Drive analysis
Fig. 15 Electric scooters market: Battery analysis
Fig. 16 Electric scooters market: End use analysis
Fig. 17 Electric scooters market: Regional analysis
Fig. 18 North America electric scooters market- key takeaways
Fig. 19 Europe electric scooters market - key takeaways
Fig. 20 Asia Pacific electric scooters market - key takeaways
Fig. 21 Latin America electric scooters market - key takeaways
Fig. 22 MEA electric scooters market - key takeaways
Companies Mentioned
- AllCell Technologies LLC
- BMW Motorrad International
- BOXX Corp.
- Gogoro, Inc.
- Green Energy Motors Corp.
- Greenwit Technologies Inc.
- Honda Motor Co. Ltd.
- Jiangsu Xinri E-Vehicle Co., Ltd.
- KTM AG
- Mahindra GenZe
- Peugeot Scooters
- Suzuki Motor Corporation
- Terra Motors Corporation
- Vmoto Limited
- Yadea Technology Group Co., Ltd.
- Yamaha Motor Company Ltd.
- Xiaomi
- Ninebot Limited
- Lime
- Spin
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 164 |
| Published | February 2023 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value ( USD | $ 33.18 Billion |
| Forecasted Market Value ( USD | $ 78.65 Billion |
| Compound Annual Growth Rate | 9.9% |
| Regions Covered | Global |
| No. of Companies Mentioned | 20 |
