USD 290 Million
Report ID:
SQMIG20V2010 |
Region:
Global |
Published Date: November, 2024
Pages:
202
|Tables:
59
|Figures:
67
Scooter Sharing Market size was valued at USD 290 Million in 2023 and is poised to grow from USD 361.05 Million in 2024 to USD 883.95 Million by 2032, growing at a CAGR of 24.5% during the forecast period (2025-2032).
Scooter sharing is a service where scooters can be rented for short distances. This service is mainly used by tourists to visit their predetermined location. The market for scooter sharing is mainly driven by the rise in traffic jams in urban areas. This is attributed to the rise in the population due to the increased migration of people to the cities, which further results in road congestion. So, the governments of the countries are emphasizing scooter-sharing services, to reduce the traffic jams.
The main restraint in the market is the regulatory issue, as there are several safety standards and vehicle regulations associated with the riding of vehicles. Further, the scooter-sharing service provider finds these regulations time-consuming and expensive. So, this is hampering the growth of the market. The predominant trend in the market is the integration of electrification into vehicles. This is fueled by growing environmental concerns like a rise in pollution, due to the emission of greenhouse gases. Considering these major issues, the government is compelling transportation and automobiles to focus on sustainable vehicles, which thus results in electrified vehicles. So, the scooter-sharing service providers should align with this trend to meet the growing demand of the public.
Market snapshot - 2025-2032
Global Market Size
USD 290 Million
Largest Segment
Online
Fastest Growth
Online
Growth Rate
24.5% CAGR
To get more reports on the above market click here to Buy The Report
Global Scooter Sharing Market is segmented by Trip, Booking Mode, Propulsion, Timeline and region. Based on Trip, the market is segmented into One-way Trip, Round Trip. Based on Booking Mode, the market is segmented into Online, Offline. Based on Propulsion, the market is segmented into ICE, EV. Based on Timeline, the market is segmented into Daily Basis, Weekly Basis, Monthly Basis. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & and Africa.
By trip, the market is segmented into one-way and round. The one-way trip is expected to dominate the global scooter-sharing market. The customers attain the scooter sharing services to visit the nearby destinations, to foster the optimization of travel time as well as cost. The one-way trip provides flexibility and convenience to the customers, as it allows the customers to pick up scooters from different areas and drop them off in a predetermined location, thus avoiding the need for a return trip. In this way, the users are efficiently able to complete their journey.
The round trip is considered the fastest-growing sub-segment in the global scooter-sharing market. This is fuelled by the rise in the demand among tourists for longer rides and trips. Through the round trip, the tourist can be able to explore different areas and able to experience leisure activities.
By booking mode, the market is segmented into online and offline. The online booking mode is dominant as well as the fastest-growing sub-segment in the global scooter-sharing market. This is attributed to the availability of smartphones and robust internet connections worldwide. Due to this, it is quite easier for consumers to access mobile-based apps for the convenient booking of rental scooters. Further, online booking provides accurate data on the availability of the scooters, their location, and the prices, which further allows the tourists to plan their trip effectively. So, the online booking mode easily caters to the demand of the customers for speedy as well as digital solutions.
To get detailed analysis on other segments, Request For Free Sample Report
The Europe region dominates the global scooter sharing market. This is strongly attributed to the early adoption of the scooter-sharing service in this region. The scooter-sharing service was established in 2012 and started flourishing in 2016. In 2018, it was noticed that most of the cities of Europe provide scooter-sharing services, where over 20,000 scooters are available for scooter-sharing service in this region.
On the other hand, the Asia-Pacific is the fastest-growing region during the forecast period. This is due to the rise in the usage of smartphones and digital systems in the APAC region. This thus, results in the usage of mobile-based scooter sharing apps. Apart from this, the government is also actively contributing by investing in sustainable transportation. So, all these factors together propel the growth of the global scooter-sharing services in this region.
To know more about the market opportunities by region and country, click here to
Buy The Complete Report
Rise in Traffic Jams in Urban Areas
Growing Issue of Greenhouse Gases Emissions
Safety Concerns
Regulatory Issues
Request Free Customization of this report to help us to meet your business objectives.
The global scooter-sharing market is highly competitive. The key players in the market are mainly emphasizing strategic measures like partnerships and collaborations, investments, and launching of the scooter sharing services. Further, the prominent players also focused on innovations as well as enhanced their adoption rate of the latest technologies, to bring innovation to their services. So, all these strategies supported the organizations, to gain a competitive edge in the market and to increase their customer base across the world.
SkyQuest's ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Coordinates, and Analyses the Data collected using Primary Exploratory Research backed by robust Secondary Desk research.
According to our global scooter-sharing market analysis, the market is witnessing significant growth driven by factors such as the rise in traffic jams and growing emissions of greenhouse gases. Considering these issues, the government countries are focusing on providing scooter-sharing services as well as emphasizing electrified scooters. This thus drives the market's growth. The restraints in the market are the safety concerns and regulatory issues. As, the safety concerns like accidents and injuries associated with scooter rides, this thus raises the safety issues among the public. Complying with scooter riding regulations can be time-consuming and expensive for service-providing organizations. Further, Europe is the dominating, due to the early adoption of the scooter sharing services while APAC is the fastest growing due to the rise in the usage of smartphones and digital technologies, which helps people to access mobile-based scooter sharing apps. The major trend in the market is the electrification of the scooters, this is due to the growing concerns among people towards their environment, especially in the cities. This thus surges the need for electrified scooters that emit zero greenhouse gases.
Report Metric | Details |
---|---|
Market size value in 2023 | USD 290 Million |
Market size value in 2032 | USD 883.95 Million |
Growth Rate | 24.5% |
Base year | 2024 |
Forecast period | 2025-2032 |
Forecast Unit (Value) | USD Million |
Segments covered |
|
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 |
|
Customization scope | Free report customization with purchase. Customization includes:-
|
To get a free trial access to our platform which is a one stop solution for all your data requirements for quicker decision making. This platform allows you to compare markets, competitors who are prominent in the market, and mega trends that are influencing the dynamics in the market. Also, get access to detailed SkyQuest exclusive matrix.
Buy The Complete Report to read the analyzed strategies adopted by the top vendors either to retain or gain market share
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 Scooter Sharing 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 Scooter Sharing 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 Scooter Sharing Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Scooter Sharing 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.
Want to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.
Feedback From Our Clients
Report ID: SQMIG20V2010
[email protected]
USA +1 351-333-4748