Electric Scooters Market by Battery Type (Sealed Lead Acid, Nickel Metal Hydride, Lithium Ion, Other Battery Types), Drive Type, End User, and Geography - Global Industry Analysis, Opportunities and Forecast up to 2029

Electric Scooters Market Size

The electric scooters market size was valued at $36.66 billion in 2023 and is projected to reach $66.74 billion by 2029, growing at a CAGR of 10.5% from 2023 to 2029.

Electric Scooters Market Overview

Electric scooters are compact, motorized two-wheelers powered by electric batteries, designed for short-distance urban commuting. These scooters provide an eco-friendly and energy-efficient alternative to traditional gasoline-powered vehicles. Typically equipped with an electric motor, a battery pack, and handlebars for steering, electric scooters offer a convenient and sustainable mode of transportation. Users can navigate through urban environments with ease, as these scooters are often lightweight, portable, and easily maneuverable in traffic. They have gained popularity as a last-mile solution, complementing public transportation and reducing reliance on cars for short trips. Electric scooters are often available for rent through ride-sharing platforms, allowing users to access them on a pay-as-you-go basis. Their silent operation and zero tailpipe emissions contribute to a cleaner and quieter urban environment, making them a notable element in the evolving landscape of urban mobility.

Market Dynamics:

Growth Drivers

• Rising adoption of electric vehicles (EVs) globally.
• Growing gasoline prices.

Constraints

• Lack of infrastructure for charging electric scooters.
• Limited range and battery life.

Market Segmentation:

The research report includes in-depth coverage of the industry analysis with size, share, and forecast for the below segments:

Based on battery type, the market is bifurcated into sealed lead acid, nickel metal hydride, lithium ion, and other battery types.

By drive type, the market is fragmented belt drive, chain drive, and hub motors.

Depending on the end user, the market is segregated into personal and commercial.

List of the Key Players Profiled in the Report Includes:

• Bird Rides, Inc.
• Bolt Mobility Corporation
• GoX
• Greenride Sharing Corporation
• Lime
• Razor USA LLC
• Segway Inc.
• Spin
• Unagi Scooters
• Voi Technology AB

Market by, Geography:

The electric scooters market report also analyzes the major geographic regions and countries of the market. The regions and countries covered in the study include:

• North America (The United States, Canada, Mexico), Market Estimates, Forecast & Opportunity Analysis
• Europe (Germany, France, UK, Italy, Spain, Rest of Europe), Market Estimates, Forecast & Opportunity Analysis
• Asia Pacific (China, Japan, India, South Korea, Australia, New Zealand, Rest of Asia Pacific), Market Estimates, Forecast & Opportunity Analysis
• South America (Brazil, Argentina, Chile, Rest of South America), Market Estimates, Forecast & Opportunity Analysis
• Middle East & Africa (UAE, Saudi Arabia, Qatar, Iran, South Africa, Rest of Middle East & Africa), Market Estimates, Forecast & Opportunity Analysis.

The report “Global Electric Scooters Market: Industry Analysis, Opportunities and Forecast up to 2029” by Diligence Insights provides a detailed analysis of the present market and future outlook with market estimates and forecasts for all specified segments, encompassing both global and regional perspectives as outlined within the research framework. The study includes historical market data for the years 2021, 2022 and offers revenue estimations for 2023, and project forecasts spanning from 2024 to 2029. It places significant emphasis on the examination of market trends, key industry participants, supply chain developments, technological advancements, pivotal milestones, and prospective strategies. Comprehensive market assessments are carried out across major geographic regions, including North America, Europe, Asia Pacific, South America, and Middle East & Africa. As such, this report constitutes a valuable resource for current industry stakeholders, newcomers to the field, and potential investors.

The study offers an in-depth market analysis, drawing insights from industry experts across the value chain. A special focus has been made on 25 countries, including the United States, Canada, Mexico, the United Kingdom, Germany, Spain, France, Italy, China, Brazil, Saudi Arabia, and South Africa, among others. The market data has been meticulously collected through extensive primary interviews and comprehensive secondary research. Market size determination is rooted in the revenue generated from sales across all the specified segments and sub-segments as defined within the research scope. The market sizing analysis includes both top-down and bottom-up approaches for data validation and accuracy measures.

What Can be Explored with this Research Report:

• Understand the key trends that will drive the market and the challenges it faces in the current market scenario.
• Identify growth opportunities.
• Porter’s five force analysis.
• In-depth analysis of market segments, and regions/countries predicted to observe promising growth.
• Historical and forecast size of the market in terms of revenue (USD Million).
• Company profiling with key products and solution offerings, key financial information, SWOT analysis, and business strategies adopted.

Table Of Content

1 Market Introduction 
 1.1 Market Definition 
 1.2 Research Scope and Segmentation 
 1.3 Stakeholders 
 1.4 List of Abbreviations 
 
2 Executive Summary 
 
3 Research Methodology 
 3.1 Identification of Data 
 3.2 Evaluation of Market Dynamics 
 3.3 Collaboration of Data 
 3.4 Verification and Analysis 
 3.5 Research Approach 
 3.6 Data Sources and Assumptions 
 
4 Market Dynamics 
 4.1 Market Drivers 
 4.2 Market Restraints 
 4.3 Market Opportunities 
 4.4 Market Challenges 
 4.5 Impact of COVID-19 on the Electric Scooters Market 
 
5 Porter's Five Force Analysis 
 5.1 Bargaining Power of Suppliers 
 5.2 Bargaining Power of Buyers 
 5.3 Threat of New Entrants 
 5.4 Threat of Substitutes 
 5.5 Competitive Rivalry in the Market 
 
6 Global Electric Scooters Market by, Battery Type 
 6.1 Overview 
 6.2 Sealed Lead Acid 
 6.3 Nickel Metal Hydride 
 6.4 Lithium Ion 
 6.5 Other Battery Types 
 
7 Global Electric Scooters Market by, Drive Type 
 7.1 Overview 
 7.2 Belt Drive 
 7.3 Chain Drive 
 7.4 Hub Motors 
 
8 Global Electric Scooters Market by, End User 
 8.1 Overview 
 8.2 Personal 
 8.3 Commercial 
 
9 Global Electric Scooters Market by, Geography 
 9.1 Overview 
 9.2 North America 
 9.2.1 US
 9.2.2 Canada
 9.2.3 Mexico
 9.3 Europe 
 9.3.1 Germany
 9.3.2 France
 9.3.3 UK
 9.3.4 Italy
 9.3.5 Spain
 9.3.6 Rest of Europe
 9.4 Asia Pacific 
 9.4.1 China
 9.4.2 Japan
 9.4.3 India
 9.4.4 South Korea
 9.4.5 Australia
 9.4.6 New Zealand
 9.4.7 Rest of Asia Pacific
 9.5 South America 
 9.5.1 Brazil
 9.5.2 Argentina
 9.5.3 Chile
 9.5.4 Rest of South America
 9.6 Middle East & Africa 
 9.6.1 UAE
 9.6.2 Saudi Arabia
 9.6.3 Qatar
 9.6.4 Iran
 9.6.5 South Africa
 9.6.6 Rest of Middle East & Africa
 
10 Key Developments 
 
11 Company Profiling 
 11.1 Bird Rides, Inc. 
 11.1.1 Business Overview
 11.1.2 Product/Service Offering
 11.1.3 Financial Overview
 11.1.4 SWOT Analysis
 11.1.5 Key Activities
 11.2 Bolt Mobility Corporation 
 11.3 GoX 
 11.4 Greenride Sharing Corporation 
 11.5 Lime 
 11.6 Razor USA LLC 
 11.7 Segway Inc. 
 11.8 Spin 
 11.9 Unagi Scooters 
 11.10 Voi Technology AB