Infographics - Electric Scooter Market

The electric scooter market is estimated to be valued at US$ 24.92 billion in 2024 and is expected to reach US$ 45.82 billion by 2031, exhibiting a compound annual growth rate (CAGR) of 9.1% from 2024 to 2031.

Introduction:

The global electric scooter market is experiencing robust growth in the recent years. Electric scooters are environment-friendly transportation solutions that are gaining popularity among urban population due to benefits like low operating and maintenance costs compared to conventional vehicles. Various government supports in the form of subsidies and incentives for electric vehicles along with bans on petrol vehicles in certain cities have boosted the adoption of electric scooters. Rising environmental concerns are driving more people to shift from fuel-run vehicles to electric scooters.

Market Dynamics:

The key drivers fueling the electric scooter market include growing need for sustainable urban transportation solutions, supportive government policies promoting electric vehicles, and increasing consumer awareness about environmental protection. However, high initial costs of electric scooters compared to conventional scooters and lack of standard charging infrastructure in many regions are restricting broader market adoption. Meanwhile, ongoing R&D towards developing advanced lithium-ion batteries with higher capacity and durability is creating new avenues. Introduction of innovative financing options and rental models are also helping more customers experience the benefits of electric mobility.

Key Features of the Study:

This report provides in-depth analysis of the global electric scooter market, and provides market size (US$ Billion) and compound annual growth rate (CAGR %) for the forecast period (2024–2031), considering 2023 as the base year
It elucidates potential revenue growth opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global electric scooter market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include AIMA Technology Co., Ltd., Ampere Vehicles Pvt. Ltd., Aprilia, Ather Energy Pvt. Ltd., BMW AG, Gogoro Inc., Harley-Davidson, Inc., Hero Electric Vehicles Pvt Ltd, Honda Motor Co., Ltd., Lightning Motorcycles Inc., Niu Technologies Inc., Ola Electric Mobility Pvt. Ltd., Piaggio Group, Super Soco, Suzuki Motor Corporation, Vectrix GmbH, Vespa, Yadea Technology Group Co., Ltd., Yamaha Motor Co., Ltd., and Zhejiang Luyun Electric Vehicle Co., Ltd.
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global electric scooter market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global electric scooter market

Detailed Segmentation-

By Battery Type
- Lead-based
- Li-ion
- NiMH
By Product Type
- Standard
- Folding
- Self-Balancing
- Maxi
- Three wheeled
By Voltage
- 48-59V
- 60-72V
- 73-96V
- Above 96V
By Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Key Players Insights
- AIMA Technology Co., Ltd.
- Ampere Vehicles Pvt. Ltd.
- Aprilia
- Ather Energy Pvt. Ltd.
- BMW AG
- Gogoro Inc.
- Harley-Davidson, Inc.
- Hero Electric Vehicles Pvt Ltd
- Honda Motor Co., Ltd.
- Lightning Motorcycles Inc.
- Niu Technologies Inc.
- Ola Electric Mobility Pvt. Ltd.
- Piaggio Group
- Super Soco
- Suzuki Motor Corporation
- Vectrix GmbH
- Vespa
- Yadea Technology Group Co., Ltd.
- Yamaha Motor Co., Ltd.
- Zhejiang Luyun Electric Vehicle Co., Ltd.

Table of Contents

Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
Market Purview
- Report Description
  - Market Definition and Scope
- Executive Summary
  - Market Snippet, By Battery Type
  - Market Snippet, By Product Type
  - Market Snippet, By Voltage
  - Market Snippet, By Region
- Coherent Opportunity Map (COM)
Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
  - Drivers
  - Restraints
  - Market Opportunities
- Regulatory Scenario
- Industry Trend
- Merger and Acquisitions
- New System Launches/Approvals
- Impact of COVID-19 Pandemic
Global Electric Scooter Market, By Battery Type, 2019-2031 (US$ Billion)
- Introduction
  - Market Share Analysis, 2024 and 2031 (%)
  - Y-o-Y Growth Analysis, 2020-2031
  - Segment Trends
- Lead-based
  - Introduction
  - Market Size and Forecast, 2019–2031, (US$ Billion)
- Li-ion
  - Introduction
  - Market Size and Forecast, 2019–2031, (US$ Billion)
- NiMH
  - Introduction
  - Market Size and Forecast, 2019–2031, (US$ Billion)
Global Electric Scooter Market, By Product Type, 2019-2031 (US$ Billion)
- Introduction
  - Market Share Analysis, 2024 and 2031 (%)
  - Y-o-Y Growth Analysis, 2020-2031
  - Segment Trends
- Standard
  - Introduction
  - Market Size and Forecast, 2019–2031, (US$ Billion)
- Folding
  - Introduction
  - Market Size and Forecast, 2019–2031, (US$ Billion)
- Self-Balancing
  - Introduction
  - Market Size and Forecast, 2019–2031, (US$ Billion)
- Maxi
  - Introduction
  - Market Size and Forecast, 2019–2031, (US$ Billion)
- Three wheeled
  - Introduction
  - Market Size and Forecast, 2019–2031, (US$ Billion)
Global Electric Scooter Market, By Voltage, 2019-2031 (US$ Billion)
- Introduction
  - Market Share Analysis, 2024 and 2031 (%)
  - Y-o-Y Growth Analysis, 2020-2031
  - Segment Trends
- 48-59V
  - Introduction
  - Market Size and Forecast, 2019–2031, (US$ Billion)
- 60-72V
  - Introduction
  - Market Size and Forecast, 2019–2031, (US$ Billion)
- 73-96V
  - Introduction
  - Market Size and Forecast, 2019–2031, (US$ Billion)
- Above 96V
  - Introduction
  - Market Size and Forecast, 2019–2031, (US$ Billion)
Global Electric Scooter Market, By Region, 2019-2031 (US$ Billion)
- Introduction
  - Market Share Analysis, By Region, 2024 and 2031 (%)
  - Y-o-Y Growth Analysis, 2020-2031
- North America
  - Regional Trends
  - Market Size and Forecast, By Battery Type, 2019–2031 (US$ Billion)
  - Market Size and Forecast, By Product Type, 2019–2031 (US$ Billion)
  - Market Size and Forecast, By Voltage, 2019–2031 (US$ Billion)
  - Market Share Analysis, By Country, 2024 and 2031 (%)
    - U.S.
    - Canada
- Europe
  - Regional Trends
  - Market Size and Forecast, By Battery Type, 2019–2031 (US$ Billion)
  - Market Size and Forecast, By Product Type, 2019–2031 (US$ Billion)
  - Market Size and Forecast, By Voltage, 2019–2031 (US$ Billion)
  - Market Share Analysis, By Country, 2024 and 2031 (%)
    - U.K.
    - Germany
    - France
    - Russia
    - Rest of Europe
- Asia Pacific
  - Regional Trends
  - Market Size and Forecast, By Battery Type, 2019–2031 (US$ Billion)
  - Market Size and Forecast, By Product Type, 2019–2031 (US$ Billion)
  - Market Size and Forecast, By Voltage, 2019–2031 (US$ Billion)
  - Market Share Analysis, By Country, 2024 and 2031 (%)
    - China
    - India
    - Japan
    - ASEAN
    - Australia
    - South Korea
    - Rest of Asia Pacific
- Latin America
  - Regional Trends
  - Market Size and Forecast, By Battery Type, 2019–2031 (US$ Billion)
  - Market Size and Forecast, By Product Type, 2019–2031 (US$ Billion)
  - Market Size and Forecast, By Voltage, 2019–2031 (US$ Billion)
  - Market Share Analysis, By Country, 2024 and 2031 (%)
    - Brazil
    - Argentina
    - Mexico
    - Rest of Latin America
- Middle East and Africa
  - Regional Trends
  - Market Size and Forecast, By Battery Type, 2019–2031 (US$ Billion)
  - Market Size and Forecast, By Product Type, 2019–2031 (US$ Billion)
  - Market Size and Forecast, By Voltage, 2019–2031 (US$ Billion)
  - Market Share Analysis, By Country, 2024 and 2031 (%)
    - South Africa
    - GCC Countries
    - Rest of the Middle East and Africa
Competitive Landscape
- Company Profiles
  - AIMA Technology Co., Ltd.
    - Company Overview
    - Product Portfolio
    - Financial Performance
    - Key Strategies
    - Recent Developments/Updates
  - Ampere Vehicles Pvt. Ltd.
    - Company Overview
    - Product Portfolio
    - Financial Performance
    - Key Strategies
    - Recent Developments/Updates
  - Aprilia
    - Company Overview
    - Product Portfolio
    - Financial Performance
    - Key Strategies
    - Recent Developments/Updates
  - Ather Energy Pvt. Ltd.
    - Company Overview
    - Product Portfolio
    - Financial Performance
    - Key Strategies
    - Recent Developments/Updates
  - BMW AG
    - Company Overview
    - Product Portfolio
    - Financial Performance
    - Key Strategies
    - Recent Developments/Updates
  - Gogoro Inc.
    - Company Overview
    - Product Portfolio
    - Financial Performance
    - Key Strategies
    - Recent Developments/Updates
  - Harley-Davidson, Inc.
    - Company Overview
    - Product Portfolio
    - Financial Performance
    - Key Strategies
    - Recent Developments/Updates
  - Hero Electric Vehicles Pvt Ltd
    - Company Overview
    - Product Portfolio
    - Financial Performance
    - Key Strategies
    - Recent Developments/Updates
  - Honda Motor Co., Ltd.
    - Company Overview
    - Product Portfolio
    - Financial Performance
    - Key Strategies
    - Recent Developments/Updates
  - Lightning Motorcycles Inc.
    - Company Overview
    - Product Portfolio
    - Financial Performance
    - Key Strategies
    - Recent Developments/Updates
  - Niu Technologies Inc.
    - Company Overview
    - Product Portfolio
    - Financial Performance
    - Key Strategies
    - Recent Developments/Updates
  - Ola Electric Mobility Pvt. Ltd.
    - Company Overview
    - Product Portfolio
    - Financial Performance
    - Key Strategies
    - Recent Developments/Updates
  - Piaggio Group
    - Company Overview
    - Product Portfolio
    - Financial Performance
    - Key Strategies
    - Recent Developments/Updates
  - Super Soco
    - Company Overview
    - Product Portfolio
    - Financial Performance
    - Key Strategies
    - Recent Developments/Updates
  - Suzuki Motor Corporation
    - Company Overview
    - Product Portfolio
    - Financial Performance
    - Key Strategies
    - Recent Developments/Updates
  - Vectrix GmbH
    - Company Overview
    - Product Portfolio
    - Financial Performance
    - Key Strategies
    - Recent Developments/Updates
  - Vespa
    - Company Overview
    - Product Portfolio
    - Financial Performance
    - Key Strategies
    - Recent Developments/Updates
  - Yadea Technology Group Co., Ltd.
    - Company Overview
    - Product Portfolio
    - Financial Performance
    - Key Strategies
    - Recent Developments/Updates
  - Yamaha Motor Co., Ltd.
    - Company Overview
    - Product Portfolio
    - Financial Performance
    - Key Strategies
    - Recent Developments/Updates
  - Zhejiang Luyun Electric Vehicle Co., Ltd.
    - Company Overview
    - Product Portfolio
    - Financial Performance
    - Key Strategies
    - Recent Developments/Updates
Wheel of Fortune
- Wheel of Fortune
- Analyst View
- Coherent Opportunity Map
Section
- References
- Research Methodology
- About us and Sales Contact

*Browse 60 market data tables and 40 figures on "Global Electric Scooter Market - Global forecast to 2031”

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ELECTRIC SCOOTER MARKET ANALYSIS

Electric Scooter Market

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