Electric Scooters Market Analysis & Forecast 2024-2030

Electric Scooters Market by Power Type (Charging, Battery swapping, Hybrid, Fuel cell) by Battery Type (Li-Ion, Sealed Lead Acid) by Industry Analysis, Volume, Share, Growth, Challenges, Trends, and Forecast 2024-2030, Regional Outlook ( North America, Europe, Asia-Pacific, Middle-East, Africa)

Report Code: PSMR- 70021          Category: Automotive & Transportation          Region :  Global         Report Format :                  

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     Table of Contents

    Global Electric Scooters Market is expected to reach USD 40553.89 million by 2030 with CAGR of 9.3% between 2024 and 2030

    Increasing price of the fuel and depletion of the petroleum resources and global warming, it is anticipated that Electric scooter market will grow in the forecast period. Electric scooters are easily extendable, programmable and repairable. They have a wide variety of Aftermarket customization for every component. Key factors providing an edge over traditional scooters are regenerative brakes, low noise levels, low economical maintenance cost and high efficiency. Globally scooter market now command over 31.9 per cent of the total two-wheeler sales.  


    Electric Scooter Market is segmented into retro, standing/self-balancing, and folding scooters. Retro styled Scooters is leading the market share and has dominated all other segment in the year 2023. Folding Scooters are those vehicle which shall meet young driver expectations to a smart, flexible and powerful vehicle. The use of IoT and big data technology has made the product unique. Folding Scooter is expected to advent CAGR of 9.1 % in the forecast period .  


    Asia Pacific has dominated all the other regions due to the strong presence of manufacturers like Japan, China. Rise in population, Surge in traffic congestion and low price of vehicles is acting as a catalyst for the growth of the market in these region. Whereas North America has registered the highest CAGR of 14.4 % in the year 2023. Increasing investment in infrastructure and technology will result into growth in the forecast period .  


    Electric Scooters Market : Power Type

    • Charging
    • Battery swapping
    • Hybrid
    • Fuel cell

    Electric Scooters Market : Battery Type

    • Sealed Lead Acid
    • Li-Ion

    Global Electric Scooters Market : Competitive Analysis

    Report includes accurate analysis of key players with Market Value, Company profile, SWOT analysis. The Study constitutes of following key players in Global Electric Scooters Market :

    • BMW Motorrad International
    • Terra Motors Corporation
    • Vmoto Limited
    • Mahindra GenZe

    Geographical analysis of Electric Scooters Market :

    • North America
      • U.S.A
      • Canada
    • Europe
      • France
      • Germany
      • Spain
      • UK
      • Rest of Europe
    • Asia Pacific
      • China
      • Japan
      • India
      • South East Asia
    • Latin America
      • Brazil
    • Middle East and Africa

    Global Electric Scooters Market Report delivers a comprehensive analysis of the following parameters:

    • Market Forecast for 2024-2030
    • Market growth drivers
    • Challenges and Opportunities
    • Emerging and Current market trends
    • Market player Capacity, Production, Revenue (Value)
    • Supply (Production), Consumption, Export, Import analysis
    • End user/application Analysis

    Report Coverage

    Parameters Details

    Base Year

    2023

    Historical Data

    2018-2023

    Forecast Data

    2024-2030

    Base Year Value (2023)

    USD 21761.63 million

    Forecast Value (2030)

    USD 40553.89 million

    CAGR (2022 to 2028)

    9.3 %

    Regional Scope

    North America, Europe, Asian Pacific, Latin America, Middle East and Africa, and ROW


    Frequently Asked Questions (FAQ)


    Electric Scooters Market was valued at around USD 21761.63 million in 2023 & estimated to reach USD 40553.89 million by 2030.




    Electric Scooters Market is likely to grow at compounded annual growth rate (CAGR) of 9.3% between 2024 to 2030.












    Yes, the report includes COVID 19 impact on the market.



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