USD 5.30 Billion
Report ID:
SQMIG25C2161 |
Region:
Global |
Published Date: January, 2025
Pages:
193
|Tables:
92
|Figures:
71
Global Electric Kick Scooter Market size was valued at USD 5.30 Billion in 2023 poised to grow from USD 5.93 Billion in 2024 to USD 14.58 Billion by 2032, growing at a CAGR of 11.9% in the forecast period (2025-2032).
People have started using public transport differently since the use of app-based systems for shared transport and provides different alternatives to travel around town. Electric kick scooters are among the most preferred means of transport for people who love open and green options. After all, they are accessible and provide last-mile coverage. This trend indicates that consumers want more point-to-point, on-demand transportation options that contribute to less congested, more sustainable urban transportation landscapes. Another industry trend is equipping electric kick scooters with smart and connected functions. Such advanced high-tech features are even being provided by GPS monitoring, app connectivity, and IoT-enabled features on electric bikes.
To elevate the user experience, these features provide location of the bike, charging level, and also enable live trip-planning capabilities. This is indeed a measure toward making urban mobility better connected and more technologically advanced for the consumer's access to his or her requirements. New battery technology and ideas for range extension are continually being developed in this re-emerging sector. As new battery technologies become available, they will greatly influence the market since electric bikes demand heavy battery consumption. Bicycle manufacturers are considering those batteries that consume less power, charge in less time, and last longer. One of the most frequent issues seen by electric scooter riders is range anxiety, which this trend helps with.
Market snapshot - (2025-2032)
Global Market Size
USD 5.30 Billion
Largest Segment
Lithium-Ion Battery
Fastest Growth
Lead-Acid Battery
Growth Rate
11.9% CAGR
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The global electric kick scooter market is segmented based on battery type, drive type, product, and region. In terms of battery type, the market is trifurcated into lead-acid battery, lithium-ion battery, and others. Based on the drive type, the market is segmented into belt drive, chain drive, and hub motors. Based on product, the market is segmented into standard, folding, self-balancing, maxi, and three wheeled. Based on region, the market is segmented into North America, Europe, Asia-Pacific, Central & South America and the Middle East & Africa.
As per categorization by battery type, the market is classified as lead-acid battery, lithium-ion battery, and others. Among these, lithium-ion battery earned the largest share and continue to hold the dominant global electric kick scooter market share. Global electric kick scooter market is witnessing innovation in lithium-ion batteries attributed to traits like high energy density, lightweight design, and long life. Batteries such as those mentioned above deliver more extended travel ranges, shorter charging times, and improved performance: hence they are among the "best" for meeting needs concerning urban commuting. The high efficiency and adaptability of such batteries make them a suitable tool for meeting increasing demand for green, friendly transport. In an age when electric kick scooters have become a craze, lithium-ion batteries still take a place among the holy grails of power for e-scooters.
Lead-acid batteries are poised to be the fastest-growing in the global electric kick scooter market due to their affordability, availability, and proven performance in various transportation sectors. Lithium-ion batteries are one of the best along these lines for high-end versions; however, one can also use lead-acid batteries as a cheaper option for consumers looking much more towards the economy and for newer markets. The best thing about lead-acid batteries is that they can deliver a reliable source power at a lower cost than what is possible for manufacturers that want to produce scooters at lower prices; thus, they have earned a spot in such schools. Lead-acid batteries are also easily recycled and have a well-equipped infrastructure to provide a good solution in expanding the e-scooter market within sensitive regions regarding pricing.
Hub motors are leading in the global electric kick scooter market due to their compact, efficient design and seamless integration into the wheels. This makes the motorcycle easier to manage, less prone to maintenance and improves performance, as there is no need for an external driving system. Hub motors are quieter and smoother on the road and accelerate more responsively. This makes it ideal for urban riding. Hub motors have now inversely become a dominant player in the market by being economical, dependability, and simplicity, making them the best option for an electric kick scooter-willing consumer and rental market. Hence, a hub motor has become the preferred option for a manufacturer that wants performance and user experience improvement.
Belt drive systems are expected to be the fastest growing in the global electric kick scooter market due to their durability, smooth operation, and low maintenance requirements. In contrast to conventional chain drives, belt drives produce less noise, have minimum vibration, and are efficient to enhance their use for a person who finds smoothness and noise a critical part of an urban setting. Moreover, they work well while in outdoor conditions, need less adjustment, and are generally maintenance-free for the average person. The growing demand for high-performance and long-lasting scooters has been quite favorable to belt drive systems being adopted in more premium ones thereby becoming a more competitive market.
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North America is dominating the global electric kick scooter market due to its strong infrastructure, urbanization, and growing demand for eco-friendly transportation solutions. As cities develop over the years, electric kick scooters are gradually coming to be owned by these cities in this region as their own sustainable and efficient means of traveling, especially for short distances. Another major contributory factor is the presence of all the major companies engaged in the scooter-sharing business along with emerging innovations in technology within the electric vehicle arena that keeps North America ahead. Most importantly, the focus of the region on smart cities and environmental sustainability, combined with easy urban transport, makes it a leader in the global electric kick scooter market outlook.
Europe is the fastest-growing region in the global electric kick scooter market due to its strong emphasis on sustainability, urban mobility, and environmental consciousness. Many European cities are implementing regulations and infrastructure to support green transportation options, including electric kick scooters, as part of broader efforts to reduce carbon emissions and traffic congestion. Shared mobility services are on the way to encouraging even more to avail themselves of this emerging channel; government incentives would also spur such adoption. Also, the density of populous urban regions shows the characteristics of the eco-friendly consumer, making it a potential market for the rapid proliferation of electric scooters.
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Rising Demand for Eco-friendly Transportation
Government Initiatives and Infrastructure Development
Safety Concerns and Regulatory Challenges
Limited Battery Life and Charging Infrastructure
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The competition in the global electric kick scooter market is vast, where many companies have entered to provide innovative solutions to meet the constantly increasing demand. International major companies include Xiaomi, Segway-Ninebot, Razor USA, and Boosted Boards, all of which have their own heavily advanced models and strong distribution networks in addition to those above. These shared mobility service providers such as Lime and Bird affect the growth of the market by making rental options available. The main players shall continue to innovate their target audience as per changes in urban mobility.
SkyQuest's ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
As per SkyQuest analysis, the speedy transformation of the global electric kick scooter industry is a result of increasing demand for cost-effective and greener urban commuting alternatives. The scooter-sharing models and the inclusion of smart technology are prime movers changing the image of the market.
Lithium-ion batteries continue to be the leading power source, providing extended ranges and improved performance, while hub motors and belt-drive systems would advance the efficiency of the scooter engines. The promising future of the sector in Europe and North America continues to evolve well, thus giving various tools for sustainable urban mobility across the world.
Report Metric | Details |
---|---|
Market size value in 2023 | USD 5.30 Billion |
Market size value in 2032 | USD 14.58 Billion |
Growth Rate | 11.9% |
Base year | 2024 |
Forecast period | (2025-2032) |
Forecast Unit (Value) | USD Billion |
Segments covered |
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Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
Companies covered |
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Table Of Content
Executive Summary
Market overview
Parent Market Analysis
Market overview
Market size
KEY MARKET INSIGHTS
COVID IMPACT
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
Methodology
For the Electric Kick Scooter Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Electric Kick Scooter Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Electric Kick Scooter Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Electric Kick Scooter Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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