The "Electric Kick Scooter Market Global Forecast Report by Battery, Drive, Voltage, Application, Countries and Company Analysis 2025-2033" report has been added to ResearchAndMarkets.com's offering.
The electric kick scooter market is expected to grow from US$3.71 billion in 2024 to US$8.62 billion by 2033 at a CAGR of 9.83% in 2025-2033, propelled by urbanization, increasing problems of traffic congestion, supportive regulations, awareness about the need for health checkup, technological inventions, environmental issues, and the increasing popularity of shared mobility services.
E-scooters are put to wide use in urban areas for commuting with a solution to traffic congestion and parking challenges. They are known and famed for last-mile connectivity, which closes the gap between public transportation and final destinations. Even shared mobility services have embraced e-scooters that allow them access to short-distance travel.
Other than commuting, recreational activities are also done on e-scooters as leisure rides and city explorations. Their affordability, ease of use, and minimal maintenance make them appealing for personal and commercial purposes. E-scooters also reduce carbon footprints, aligning with the global trend toward sustainable transport.
Driving Forces of the Electric Kick Scooter Market
Rising Urbanization and Traffic Congestion
Urbanization is on the increase, bringing along issues like traffic congestion and lack of parking spaces in the cities. Electricity kick scooters come in as an efficient solution for short distance transportation to overcome congestions and shorten travel time. Its compact design makes them perfect to penetrate through the crammed streets and facilitate last-mile connectivity.
Governments and city planners are increasingly supporting such micro-mobility solutions such as e-scooters to alleviate urban transit problems. E-scooters have emerged as an attractive option for commuters in bustling urban environment, thus driving the market as they can be most economical, quicker, and more environmentally friendly transport option. By 2030, 5 billion people will live in cities.
Focus on Sustainability and Environmental Awareness
Growing environmental concerns triggered the demand for an environmental friendly mass transportation system. Electric kick scooters powered with rechargeable batteries have zero emissions and are thus considerably environmental friendly as contrasted with conventional auto-moving machines.
As governments and organizations worldwide push for carbon neutrality and reduce dependence on fossil fuels, e-scooters are gaining prominence. Their contribution to lowering air pollution and greenhouse gas emissions aligns with global environmental goals. Consumer awareness of eco-friendly choices further boosts adoption, positioning e-scooters as a vital component of the green mobility movement.
The Smart Cities Mission and the project organized a national-level workshop on "Streets and Public Spaces" in Pimpri-Chinchwad in January 2024, culminating two national programs - the India Cycles4Change and Streets4People Challenges.
Technological Developments in E-Scooters
Technological developments will shape the e-scooters. Their performance, safety, and user experience have been significantly improved. Features such as longer battery life, regenerative braking, smart connectivity, and mobile app integration are now more appealing for users to enhance convenience. GPS tracking and anti-theft systems ensure safety, whereas foldable designs make it more transportable.
These innovations help cater to personal and shared mobility operators and encourage demand among both segments. The falling cost due to improvements in material and manufacturing also boost the demand for e-scooters. With continuously evolving innovation, e-scooters turn out to be highly efficient and handy modes of transport, boosting the growth market. Yadea unveiled two new e-kickscooters, EliteMax and Artist, bringing design and technology to a next-level performance at CES 2024.
Key Attributes:
Report Attribute | Details |
No. of Pages | 110 |
Forecast Period | 2024 - 2033 |
Estimated Market Value (USD) in 2024 | $3.71 Billion |
Forecasted Market Value (USD) by 2033 | $8.62 Billion |
Compound Annual Growth Rate | 9.8% |
Regions Covered | Global |
Company Analysis: Overview, Key Personnel, Recent Development & Strategies, Financial Insights
- Jiangsu Xinri E-Vehicle Co. Ltd.
- Enphase Energy, Inc.
- YADEA Technology Group Co., Ltd.
- NIU International
- Bird Rides, Inc.
- SWAGTRON
- Segway Unc.
- Xiaomi
Key Topics Covered:
1. Introduction
2. Research Methodology
3. Executive Summary
4. Market Dynamics
4.1 Growth Drivers
4.2 Challenges
5. Electric Kick Scooter Market
6. Market Share Analysis
6.1 By Battery
6.2 By Drive
6.3 By Voltage
6.4 By Application
6.5 By Countries
7. Battery
7.1 Lead Acid
7.2 Lithium ion(Li-ion)
7.3 Others
8. Drive
8.1 Belt Drive
8.2 Chain Drive
8.3 Hub Drive
9. Voltage
9.1 Below 24V
9.2 36V
9.3 48V
9.4 Greater than 48 V
10. Application
10.1 Personal
10.2 Rental
11. Countries
11.1 North America
11.1.1 United States
11.1.2 Canada
11.2 Europe
11.2.1 France
11.2.2 Germany
11.2.3 Italy
11.2.4 Spain
11.2.5 United Kingdom
11.2.6 Belgium
11.2.7 Netherlands
11.2.8 Turkey
11.3 Asia Pacific
11.3.1 China
11.3.2 Japan
11.3.3 India
11.3.4 South Korea
11.3.5 Thailand
11.3.6 Malaysia
11.3.7 Indonesia
11.3.8 Australia
11.3.9 New Zealand
11.4 Latin America
11.4.1 Brazil
11.4.2 Mexico
11.4.3 Argentina
11.5 Middle East & Africa
11.5.1 Saudi Arabia
11.5.2 UAE
11.5.3 South Africa
12. Porter's Five Forces Analysis
12.1 Bargaining Power of Buyers
12.2 Bargaining Power of Suppliers
12.3 Degree of Rivalry
12.4 Threat of New Entrants
12.5 Threat of Substitutes
13. SWOT Analysis
13.1 Strength
13.2 Weakness
13.3 Opportunity
13.4 Threat
14. Key Players Analysis
For more information about this report visit https://www.researchandmarkets.com/r/4w720a
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