Scooter Sharing Market Updates

Skyquest Technology's expert advisors continuously track and analyze the latest developments and updates related to scooter sharing market. Our team of analysts stay abreast of all the recent news stories shaping the industry including new product launches by major companies, strategic partnerships, M&As, Patent filings and industry and regulatory developments.

Scooter Sharing Market News

  • In November 2022, In India, Gogoro and Zypp Electric collaborated to drive the electric transformation of the two-wheelers. This partnership was fostered by these leaders to strengthen each other's abilities and to bring sustainability to the two-wheelers, to reduce the carbon footprint. 
  • In March 2022, A mobility startup named Vogo has been acquired by Chalo. Through this partnership, Vogo strengthens the bus technology service of Chalo, by further enhancing the connectivity of first and last mile rides at predominant stops of buses and different public places. 
  • In April 2021, MiMoto has been acquired by Helbiz, which is a leader in micro-mobility vehicles. The main purpose of this acquisition is to foster the addition of E-Mopeds to micro-mobility vehicles. This further eased the accessibility of the e-scooters, e-bicycles, etc., to the users. 

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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).

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. 'Cooltra Motosharing S.L.U. (Spain) ', 'Lime Micromobility (US) ', 'Blue Jay Transit Inc (Bird) (US) ', 'Weimo Technology Co. LTD (China) ', 'Electric Mobility Concepts GmbH (Deutschland) ', 'Felyx Sharing B.V. (Netherlands) ', 'Wicked Ride Adventure Services Pvt Ltd (India) ', 'YUGO Urban Mobility SL (Spain) ', 'MiMoto Smart Mobility Srl (Italy) ', 'Green Electricity Sp. z.o.o. (Poland) '

The increasing population in the urban areas, further, results in a rise in the number of travelers daily. This thus leads to traffic problems. To address this issue, the governments of the countries are focusing on alternatives and robust solutions. As, the government is encouraging people to make use of scooter-sharing services, to reduce traffic congestion. This thus drives the market. 

Incorporation of Electrification to Scooters: The trend in the global scooter sharing market is the incorporation of electrification to the scooters. The rise in the pollution, emissions of greenhouse gases and the carbon footprint, majorly in the urban areas, results in the great demand for the sustainable solutions among the public. So, to align with this growing demand the service providers are focusing on attaining the electrified scooters. As, the electrified scooters helps in zero emissions as well as has low operating cost. It has been analysed that the trend is inclining the scooter service providers and transportation industry towards the clean energy and sustainability.

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.

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Global Scooter Sharing Market
Scooter Sharing Market

Report ID: SQMIG20V2010

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