Electric Kick Scooter Market: Global Industry Analysis and Forecast (2024-2030)

The Global Electric Kick Scooter Market size is projected to grow at a CAGR of 13.9% through 2030 and is currently valued at US$4.90 Bn in 2023. The Electric Kick Scooter Market is expected to become $ 12.18 Bn by 2030.

The electric kick scooter industry is quickly expanding, driven by a number of factors such as the growing popularity of micromobility, the emergence of shared mobility services, and greater awareness of the environmental benefits of electric cars.

The global market for electric kick scooters is growing in popularity as a means of transportation. E-scooters are small and light vehicles that run on electric motors. For short-distance transport in cities, they provide a practical and environmentally friendly option. In addition to being an excellent method to reduce your transportation expenditures, they are also an environmentally responsible way to travel.

The report covers the electric kick scooter market, including product types, battery technologies, end-user segments, and geographic regions. The report highlights the diverse selection of electric kick scooters available on the market, which differ in design, performance, and features. Electric scooters have become more efficient and long-lasting due to advancements in battery technology.

The market serves both individual consumers and business customers, such as ride-sharing services and delivery companies. Consumers are rapidly turning to electric kick scooters as a mode of personal transportation, while businesses are progressively incorporating them into fleet operations and last-mile logistics.

The market covers North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. Market dynamics in different regions are influenced by various factors such as consumer preferences, government regulations, infrastructure development, and availability of charging infrastructure.

The electric kick scooter market shows great potential due to various factors. The market is growing due to concerns about environmental sustainability, the need for efficient urban transportation solutions, and the popularity of micro-mobility options. Regulations and infrastructure improvements are being implemented by governments and city authorities to support the adoption of electric kick scooters.

The electric kick scooter market presents significant opportunities for various industry players, including manufacturers, suppliers, service providers, and investors. The electric kick scooter industry has a promising future due to continued market growth and evolving consumer preferences.To know about the Research Methodology :- Request Free Sample Report
Electric Kick Scooter Market Research Methodology
The report on the Electric Kick Scooter Market uses a combination of primary and secondary data sources to provide comprehensive insights into the Polydextrose Industry. The report examines all possible factors that influence the market in-depth, which are validated through primary research and evaluated to derive valuable conclusions. The market forecast takes into account various economic factors such as inflation, regulatory changes, policy changes, and more. The bottom up approach and multiple data triangulation methodologies are used to estimate the market size and forecasts. The report provides percentage splits, market shares, and breakdowns of the segments based on weights assigned to each segment's utilization rate and average sale price. The country-wise analysis of the overall market and its sub-segments is based on the percentage adoption or utilization of the given market size in the respective region or country. Major players in the market are identified through primary and secondary research based on market revenue, price, services offered, advancements, mergers and acquisitions, and joint ventures.

Comprehensive market engineering and calculations for market statistics, market size estimations, market forecasts, market breakdown, and data triangulation were done to arrive at the forecast. The report also analyses external and internal factors that are forecasted to affect the business positively or negatively, providing decision-makers with a clear view of the industry's future. The report helps in understanding the dynamic structure of the Global Electric Kick Scooter Market by analyzing the market segments and projecting the market's size.

The competitive analysis of key players by price, financial position, growth strategies, and regional presence in the Global Electric Kick Scooter Market is represented clearly, making the report an investor's guide.
Electric Kick Scooter Market Dynamics
The report on Electric Kick Scooter market provides insights about the market dynamics and growth prospects of the market. The report highlights the key factors driving the adoption of electric kick scooters, such as the increasing demand for eco-friendly transportation solutions and the demand for efficient last-mile connectivity in urban areas.

It emphasizes the changing consumer preferences and the growing popularity of electric kick scooters as a convenient and sustainable mode of transportation. The report highlights the advancements in technology, including battery technology, motor efficiency, and connectivity features, which have contributed to the improved performance and user experience of electric kick scooters.

The report analyzes the regulatory landscape and government initiatives promoting the adoption of electric kick scooters. It also explores the impact of infrastructure development, including the establishment of dedicated bike lanes and charging infrastructure, on the market growth.

With its quality research and industry expertise, the report serves as an important resource for businesses and stakeholders eyeing to gain a comprehensive understanding of the electric kick scooter market. It equips the stakeholders with the necessary insights to develop effective strategies, make informed decisions, and capitalize on emerging opportunities in this expanding market segment.

Electric Kick Scooter Market Drivers

The Electric Kick Scooter Market is witnessing a significant growth driven by factors such as increasing demand for eco-friendly transportation and efficient urban mobility. Electric scooters offer emission-free transportation, promoting sustainability. They cater to the rising trend of micro-mobility solutions and last-mile connectivity, providing a convenient and cost-effective mode of travel for short distances. Technological advancements, including improved battery technology and smart connectivity features, enhance scooter performance and user experience. Supportive government initiatives and regulations further propel market growth by promoting sustainable transportation and incentivizing electric vehicles. Key players in the market are investing in R&D, product design, and partnerships to expand their presence. The electric kick scooter market is poised for continued expansion as consumers seek greener transportation options in urban areas.

Electric Kick Scooter Market Opportunities

The report on the electric kick scooter market, revealing a wide array of opportunities within the industry. The report highlights key findings that underscore the escalating demand for eco-friendly transportation solutions and the need for efficient and convenient urban mobility, thus creating significant prospects for electric kick scooters. It emphasizes the role of these scooters in providing emission-free transportation, reducing carbon footprints, and promoting sustainable lifestyles.

The report also emphasizes the growing trend of micro-mobility solutions and last-mile connectivity, presenting an opportunity for electric kick scooters to serve as a convenient and cost-effective mode of transportation for short distances, enabling users to bypass traffic congestion and reach their destinations swiftly. Furthermore, it sheds light on the impact of technological advancements, including improved battery technology, efficient motor systems, and smart connectivity features, enhancing scooter performance and user experience. The report also highlights the influence of supportive government initiatives and regulations promoting sustainable transportation and incentivizing electric vehicles, thus propelling the adoption of electric kick scooters in urban areas. Additionally, it underscores the competitive landscape, with key players focusing on product innovation and strategic partnerships to gain a competitive edge in the market. The report offers valuable insights into the dynamics of the electric kick scooter market, illuminating opportunities for industry players to capitalize on the growing demand for eco-friendly transportation options and cater to the evolving needs of urban mobility.

Electric Kick Scooter Market Restraints

The report on the electric kick scooter market, which provides a comprehensive analysis of the industry, including its restraints. The report highlights key findings, such as the limited battery life and range of electric kick scooters, which may pose a challenge for users who require longer distances or extended use without recharging. It emphasizes the concerns regarding safety and regulations associated with electric kick scooters, which may result in stricter guidelines or limitations on their usage in certain regions. The report also discusses the challenges related to infrastructure development, including the availability and accessibility of charging stations, which may impact the convenience and practicality of using electric kick scooters.

Additionally, the market faces restraints in terms of durability and maintenance requirements, as the components and mechanical parts may be susceptible to wear and tear or require specialized skills for repair. Market fragmentation, with various manufacturers and models available, can lead to challenges in terms of standardization and compatibility, hindering interoperability. The report further highlights the need for consumer education and awareness about electric kick scooters, as limited knowledge or misconceptions may hinder adoption. The report offers a comprehensive overview of these restraints, providing valuable insights for industry players and stakeholders aiming to address and overcome the challenges in the electric kick scooter market.
Electric Kick Scooter Market Trends
The detailed report on Electric Kick Scooter Market provides an in-depth analysis of the current market trends and sheds light on the prominent factors influencing the industry.

The report highlights the increasing popularity of electric kick scooters as a convenient and eco-friendly mode of transportation. With the increasing need for sustainable mobility solutions, consumers are embracing electric kick scooters for their compact size, ease of use, and ability to navigate through urban areas with agility.
An important trend observed in the market is the growing adoption of electric kick scooters for last-mile commuting. As cities strive to reduce traffic congestion and promote greener transportation options, electric kick scooters have emerged as an efficient solution, particularly for short-distance travel.

The report also underscores the influence of technological advancements on the electric kick scooter market. With continuous innovation, manufacturers are introducing advanced features such as improved battery life, enhanced safety mechanisms, and smart connectivity options. These technological developments are further propelling market growth and increasing consumer interest in electric kick scooters.

Moreover, the report highlights the infrastructure development and regulatory landscape supporting the electric kick-scooter industry. As worldwide governments recognize the benefits of electric mobility, policies are formulated and investments in the infrastructure are done to facilitate the adoption of electric kick scooters. This regulatory environment which is favorable is expected to drive market growth in the coming years.

The report offers a comprehensive overview of the electric kick scooter market, covering significant trends such as last-mile commuting, technological advancements, regulatory landscape, and competitive dynamics. This report serves as an essential tool for industry players, investors, and policymakers, providing valuable insights to navigate the evolving landscape of the electric kick-scooter market.
Electric Kick Scooter Market Segment Analysis
The report covers the market segmentation by product type, application, battery outlook, drive outlook, end user, and region offering a granular view of the market dynamics and growth potential in each segment.

By Battery Outlook- Electric kick scooters equipped with Lead Acid batteries are generally more affordable but have a shorter range and longer charging time. On the other hand, Electric kick scooters powered by Lithium-ion (Li-ion) Batteries offer a longer range, shorter charging time, and lighter weight, making them popular among consumers.

By End User- Electric kick scooters are used for personal transportation, providing a convenient and eco-friendly alternative for commuting or recreational purposes. Electric kick scooters are also utilized for commercial purposes, such as last-mile delivery services or rental programs in urban areas.
Electric Kick Scooter Market Regional Insights
North America: North American market for electric kick scooters is growing and the driving factors are the growing demand for eco-friendly transportation options and the need for last-mile connectivity in urban cities. Major cities in the United States Los Angeles, San Francisco, and New York, have observed substantial growth in the electric kick scooters market for short-distance commuting.

Europe: European region is also observing substantial growth in electric kick scooters market with cities like Paris, Barcelona, and Berlin at the forefront of adoption. The region benefits from well-established cycling infrastructure and a strong focus on sustainable transportation solutions. Additionally, supportive government policies, favorable regulations, and increasing environmental awareness contribute to market growth in Europe.

Asia Pacific: The Asia Pacific region presents significant growth potential for the electric kick scooter market. China, Japan, and South Korea are observing rapid adoption of electric kick scooter which is driven by high population density, congested urban areas, and efforts to reduce air pollution. The presence of major manufacturers and innovation in technology are the key drivers responsible for market growth.

Middle East and Africa: The electric kick scooter market in the Middle East and Africa is gradually gaining traction. Cities like Dubai, Tel Aviv, and Cape Town are witnessing the introduction of shared electric scooter services, catering to tourists and locals alike. The region's focus on sustainable mobility and investments in urban infrastructure contribute to the growth of the market.

South America: South America is emerging as a promising market for electric kick scooters. Countries like Brazil, Mexico, and Argentina are witnessing increasing adoption of electric scooters as alternative transportation options, addressing traffic congestion and improving air quality in urban centers. Government initiatives and supportive regulations are also fostering market growth in the region.
Electric Kick Scooter Market Competitive Landscape
The report on the electric kick scooter market provides in-depth insights into the key players, their strategies, market positions, and product portfolios in this dynamic market. Xiaomi Corporation, renowned for its affordable and stylish electric kick scooters, has gained a significant market presence. Segway-Ninebot, a prominent manufacturer, offers a diverse range of scooters known for their durability, speed, and smart features. Bird Rides Inc. and Lime dominate the electric scooter rental segment, catering to the urban commuting needs of consumers. Razor USA LLC excels in providing electric scooters for both kids and adults, offering a wide range of features. Apollo Scooters has emerged as a noteworthy player, specializing in high-performance scooters for urban commuting and off-road adventures.

The electric kick scooter market is shaped by factors like pricing, product quality, battery efficiency, range, safety features, and customer service. Electric Kick Scooter Market companies continuously innovate to differentiate themselves and expand their market share. Collaborations, partnerships, and strategic acquisitions are common strategies employed by players to enhance their market reach. Technological advancements, including smart connectivity and improved battery performance, are anticipated to influence the competitive dynamics in the market.

The report provides valuable insights into the competitive landscape of the electric kick scooter market, enabling industry stakeholders to make informed business decisions. With the growing demand for eco-friendly urban mobility solutions, competition is expected to intensify, prompting companies to focus on innovation and excellence in this evolving market.
Electric Kick Scooter Market Scope: Inquire before buying



Electric Kick Scooter Market


Report Coverage
Details


Base Year:
2023
Forecast Period:
2024-2030


Historical Data:
2018 to 2023
Market Size in 2023:
US $ 4.90 Bn.


Forecast Period 2024 to 2030 CAGR:
13.9%
Market Size in 2030:
US $ 12.18 Bn.


 Segments Covered:
by Product Type
Pedal-assist electric kick scooters
Throttle-only electric kick scooters


by Application
Commuting
Recreation


by Battery Outlook
Lead Acid
Lithium Ion (Li-Ion)
Others


by End-User
Personal
Commercial


by Drive Outlook
Belt Drive
Chain Drive
Hub Drive



Electric Kick Scooter Market, by Region
North America (United States, Canada and Mexico)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
South America (Brazil, Argentina Rest of South America)
Electric Kick Scooter Market Key Players
North America:
1. Bird (USA)
2. Razor (USA)
3. Zero Motorcycles Inc. (USA)

Europe:
1. Mellow Boards GmbH (Germany)
2. Schneider Electric SE (France)

Asia Pacific:
1. AIMA (China)
2. Aucma (China)
3. Birdie Electric (China)
4. Bodo (China)
5. Byvin (China)
6. Gamma (China)
7. Incalcu (China)
8. Lima (China)
9. Lvneng (China)
10.Lvyuan (China)
11.Maytech (China)
12.Ninebot (China)
13.Nine Co. Ltd. (China)
14.QS MOTORS Ltd. (China)
15.Satori (China)
16.Slane (China)
17.Sunra (China)
18.Tailing (China)
19.Xiaomi (China)
20.NSK Ltd. (Japan)
21.Yamaha (Japan)

FAQs:

1. What are the growth drivers for the Electric Kick Scooter Market?
Ans. Growing demand for vehicles and advancements in E-commerce technologies is expected to be the major driver for the Electric Kick Scooter Market.

2. What is the major restraint for the Electric Kick Scooter Market growth?
Ans. Insurance costs and economic downturns are expected to be the major restraining factor for the Electric Kick Scooter Market growth.

3. Which region is expected to lead the global Electric Kick Scooter Market during the forecast period?
Ans. North America is expected to lead the global Electric Kick Scooter Market during the forecast period.

4. What is the projected market size & growth rate of the Electric Kick Scooter Market?
Ans. The Electric Kick Scooter Market size was valued at USD 4.90 Billion in 2023 and the total Electric Kick Scooter Market revenue is expected to grow at a CAGR of 13.9% from 2024 to 2030, reaching nearly USD 12.18 Billion.

5. What segments are covered in the Electric Kick Scooter Market report?
Ans. The segments covered in the Electric Kick Scooter Market report are Product Type, Application, battery outlook, drive outlook, end user, and Region.