The global electric scooter sector has a good future, which is reflected in its expected growth from USD 38.4 billion in 2025 to USD 91.1 billion by 2035, with a CAGR of 9.1%. Fast development of technology like battery range, lightweight materials, and IoT connectivity together with government promotional schemes and urban mobility reforms have become the prime movers responsible for the upsurge of the market in different parts of the world.

Metric	Value
Industry Size (2025E)	USD 38.4 billion
Industry Value (2035F)	USD 91.1 billion
CAGR (2025 to 2035)	9.1%

Country-Wise Analysis

Country	CAGR (2025 to 2035)
United States	8.5%

Country	CAGR (2025 to 2035)
United Kingdom	8.7%

Region	CAGR (2025 to 2035)
European Union	9.3%

Country	CAGR (2025 to 2035)
Japan	7.5%

Country	CAGR (2025 to 2035)
South Korea	9.1%

Competitive Outlook

Company Name	Estimated Market Share (%)
Yadea Group Holdings Ltd.	13-16%
Niu Technologies	10-13%
Hero Electric	9-12%
Ather Energy	7-10%
Ola Electric Mobility Pvt. Ltd.	6-9%
Other Companies (combined)	40-50%

The global electric scooter market size was valued at USD 20.87 million in 2021 and is anticipated to grow at a CAGR of 11.2% during the forecast period.

Global Electric Scooter Market size was valued at USD 30.18 Billion in 2022 and is poised to grow from USD 33.17 Billion in 2023 to USD 70.58 Billion by 2031, growing at a CAGR of 9.9 % in the forecast period (2024-2031).

The global electric scooters market attained a value of nearly USD 24.99 Billion in 2024. The market is further expected to grow in the forecast period of 2025-2034 at a CAGR of 7.70% to reach nearly USD 52.47 Billion by 2034.

The global electric scooter market is expected to be valued at $4.56 billion in 2024 and is projected to expand at a CAGR of 16.13% to reach $20.35 billion by 2034.

The Global Electric Scooter and Motorcycle Market is Segmented by Vehicle Type (E-scooters and E-motorcycles), Battery Type (Lithium-ion and Sealed Lead-acid), and Geography (North America, Europe, Asia-Pacific, and Rest of the World). The report offers size and forecast for all the above segments in value (USD million).

The global electric scooter market size was worth more than USD 31.67 billion in 2024 and is poised to witness a CAGR of over 12.3%, crossing USD 143.08 billion revenue by 2037. Li-Ion segment is expected to hold largest share by 2037, attributed to superior quality, fast charging, good battery life, and ease of portability of Li-Ion batteries.

Electric Scooter Market valued at US$ 27.24 billion in 2025, is anticipated to reaching US$ 50.80 billion by 2032, with a steady annual growth rate of 9.3%.

• The Global Electric Scooters Market is projected to grow at a CAGR of 8.6% during the forecast period of 2023-2030. • The rising awareness of environmental safety coupled with increasing government support, strict emission regulations worldwide and increasing investment in the development of battery charging infrastructure by manufacturers, and rising disposable income in developing economies are expected to drive the growth of the Electric Scooters market. • Asia Pacific accounted for the largest market share in the Global Electric Scooters Market. The rising awareness of environmental safety coupled with increasing government support, and strict emission regulations worldwide is driving the demand for electric scooters globally. Governments worldwide are promoting the use of electric scooters as a way to reduce traffic congestion, air pollution, and carbon emissions, providing incentives and subsidies to encourage the use of electric scooters. Furthermore, rapid urbanization has led to increased congestion which led to a growing demand for alternative modes of transportation that are more convenient and efficient than cars driving the growth of the electric scooter market. moreover, increasing investment in the development of battery charging infrastructure by manufacturers and rising disposable income in developing economies is expected to drive the growth further. An electric scooter is a type of personal transportation device that runs on an electric motor powered by a rechargeable battery. Electric scooters are designed for short trips and are typically used as an alternative to cars, bikes, or public transportation.

The Thailand Electric Scooter market is projected to grow at a CAGR of around 29% during the forecast period, i.e., 2023-28. leading companies are Gogoro, Yamaha, Sanyang Motor Co., Ltd, Yadea Group Holdings Ltd., Vmoto Soco Group and other.

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Scooters Market Size 2024-2028

The scooters market size is forecast to increase by USD 17.7 billion at a CAGR of 9.48% between 2023 and 2028.

The scooter market is experiencing significant growth, driven by the increasing popularity of e-scooters along with sharing services. This trend is being fueled by the development of high-performance e-scooters, which offer greater speed, better battery life, and improved durability. However, the lack of adequate infrastructure for e-scooters poses a challenge to market growth.
Cities and towns must invest in EV charging stations, parking facilities, and regulations to ensure the safe and efficient use of e-scooters. As the market continues to evolve, manufacturers and service providers must focus on addressing these infrastructure issues to meet the growing demand for e-scooters and maintain customer satisfaction.
Overall, the market is expected to witness robust growth In the coming years, driven by these key factors.

What will be the Size of the Scooters Market During the Forecast Period?

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The market is experiencing significant growth due to urbanization and the need for efficient, easy-to-drive, and economical transportation solutions in emerging economies. Road connectivity is improving, leading to increased demand for both public and personal vehicles. Scooters, including battery-powered electric scooters, have gained popularity as they offer a viable alternative to conventional vehicles, reducing fuel consumption and vehicular pollution. The shift towards e-vehicles, driven by concerns over fuel prices and the carbon footprint of gas-powered vehicles, is further fueling market growth. Solar power and lithium-ion batteries are key technologies driving the development of electric scooters. Traditional scooters continue to hold a strong presence In the market, but the trend towards e-vehicles is expected to continue.
The market is witnessing innovation in electronic systems, mechanical models, LED lights, and other features to enhance user experience. The sales of automobiles are expected to decline as micro-mobility solutions like scooters gain traction. The market is witnessing the entry of electric vehicle manufacturers, challenging traditional fossil fuel engine-based scooter manufacturers.

How is this Scooters Industry segmented and which is the largest segment?

The scooters industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

Type

  Normal scooter
  Electric scooter


End-user

  Private
  Commercial


Geography

  APAC

    China
    Japan


  North America

    US


  Europe

    Germany
    UK


  South America



  Middle East and Africa

By Type Insights

The normal scooter segment is estimated to witness significant growth during the forecast period.

Scooters, specifically conventional ones powered by combustion engines, remain a significant segment In the global transportation market. Their popularity stems from their affordability and ease of use, making them an attractive option for urban commuters and residents in emerging economies. The trend of urbanization and the demand for efficient transportation solutions have fueled the growth of the conventional scooter market In the last two decades. However, the increasing focus on reducing vehicular pollution and adhering to stricter emissions regulations pose challenges to this segment. The emergence of electric scooters, including battery-powered electric scooters and electric motorcycles, offers a more sustainable alternative.

The electric scooter market is gaining traction due to advancements in technology, design, and regulatory norms. Electric scooters offer benefits such as lower operating costs, reduced carbon footprint, and quieter operation. The sales of conventional scooters and electric scooters continue to coexist, with the conventional segment maintaining its market dominance due to its lower initial purchase price and ongoing maintenance costs. Logistics, including the delivery and ride-sharing sectors, also presents opportunities for the growth of both conventional and electric scooters. The future of the scooter market lies In the integration of the latest technologies, such as fast charging features, swappable batteries, and mechanical efficiency, to cater to the evolving needs and preferences of consumers.

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The normal scooter segment was valued at USD 14.10 billion in 2018 and showed a gradual increase during the forecast period.

Regional Analysis

APAC is estimated to contribute 31% to the growth of the global market during the forecast period.

Technavio’s analysts ha

The growing emphasis on adopting sustainable transportation options in the era of urban mobility to lower environmental pollution and traffic congestion are enhancing the demand for Electric Scooters Market. According to the analyst from Verified Market Research, the Electric Scooters Market is estimated to reach a valuation of USD 78.94 Billion over the forecast period 2031, by subjugating around USD 36.74 Billion valued in 2023.

Advancements in battery technology, improvements in charging infrastructure, and the proliferation of sharing and rental services all contribute to the adoption of electric scooters, and increasing market growth. This demand for eco-friendly modes of transportation enables the market to grow at a CAGR of 10.03% from 2024 to 2031.

Electric Scooters Market: Definition/Overview

Electric scooters are small, battery-powered vehicles intended for personal transportation. They have two wheels, a handlebar for steering, and an electric motor for power. Electric scooters are widely used for short-distance commuting, recreational trips and last-mile transportation in urban areas.

Furthermore, electric scooters, with their ease of use, maneuverability, and eco-friendliness, have found use in a variety of locations, including city streets, college campuses, parks, and tourist attractions. Riders like the ease with which they can negotiate traffic congestion and limited roads while producing minimal noise and pollution.

Electric Scooter Market Outlook

The Electric Scooter market size was estimated at USD 20 billion in 2023, with projections suggesting it will grow to approximately USD 55 billion by 2032, reflecting a compound annual growth rate (CAGR) of 11.5% over the forecast period. This significant growth is driven by increasing urbanization, the need for sustainable transportation solutions, and technological advancements in electric mobility. A key factor propelling this market is the rising consumer awareness about environmental issues, encouraging a shift from traditional fuel-based vehicles to electric alternatives. Furthermore, government incentives and subsidies in various countries are playing a crucial role in making electric scooters more accessible to a larger population.

Urban congestion and pollution have reached critical levels globally, necessitating a transition to cleaner, more efficient modes of transportation. Electric scooters, being compact and energy-efficient, have emerged as a viable solution to these urban challenges. Their ability to navigate through congested areas with ease makes them a preferred choice for daily commuters in cities. Additionally, the low operating and maintenance costs compared to traditional vehicles add to their appeal. This economic advantage, coupled with environmental benefits, is fostering the market's expansion as more individuals opt for electric scooters as a primary mode of transportation.

Technological advancements have significantly contributed to the growth of the electric scooter market. The development of high-capacity lithium-ion batteries has enhanced the range and efficiency of electric scooters, making them more practical for longer commutes. Moreover, innovations in battery management systems, regenerative braking, and smart connectivity features have improved user experience and reliability. These technological improvements not only enhance performance but also reduce the overall cost of ownership, making electric scooters an attractive option for both personal and commercial use. The continuous evolution of technology is expected to further propel the market growth as new, more efficient models are introduced.

Government policies and initiatives are pivotal in the growth trajectory of the electric scooter market. Many countries have implemented strict emission regulations and are offering incentives such as tax rebates, subsidies, and reduced registration fees to promote the adoption of electric vehicles. These measures are designed to reduce the carbon footprint and encourage the use of environmentally friendly transportation. Additionally, investments in charging infrastructure and the establishment of dedicated lanes for electric scooters are enhancing their adoption. Such supportive regulatory frameworks across different regions are likely to sustain the market's momentum over the coming years.

The evolution of the Electric Scooter and Motorcycle industry is not only reshaping personal transportation but also influencing broader mobility trends. As urban areas continue to expand, the demand for efficient and eco-friendly transportation solutions is becoming more pronounced. Electric scooters and motorcycles offer a unique blend of convenience and sustainability, making them ideal for navigating crowded city streets. Their compact size and zero-emission nature address both space constraints and environmental concerns, positioning them as pivotal players in the future of urban mobility. As technology advances, these vehicles are becoming more sophisticated, with features that enhance user experience and safety, further driving their adoption.

Regionally, the electric scooter market is witnessing varying degrees of adoption. Asia Pacific is anticipated to dominate the market, driven by rapid urbanization and government initiatives in countries like China and India. The presence of numerous manufacturers and the high adoption rate in urban centers contribute to the region's leadership in the market. In North America and Europe, the market is driven by strong environmental policies, technological advancements, and growing consumer preference for sustainable transportation options. Meanwhile, regions such as Latin America and the Middle East & Africa are gradually warming up to electric scooters as infrastructure development and economic conditions improve.

Product Type Analysis

The electric scooter market is segmented into different product types, each catering

The Indian electric scooter market showcases a diverse product portfolio tailored to a wide spectrum of consumer preferences and budgets. Scooters are available with varying battery capacities, voltage levels, drive types (hub motor, mid-drive, etc.), and functionalities catering to diverse end-uses, from personal commuting to last-mile delivery services. The market also offers a range of scooter categories, from basic commuter models to sophisticated, feature-rich options with advanced technologies. Recent developments include: In August 2023, TVS launched its X electric crossover scooter in India at an introductory price of Rs. 2.50 lakh. TVS X is a high-end electric scooter with advanced digital and interconnected features. The electric scooter is powered by a 4.4kWh battery pack that has an IDC-claimed range of 140 km., In July 2023, Ather 450X electric scooter became available with 100% on-road financing, with no down payment required. This move is aimed at making the Ather 450X more accessible to potential buyers and to drive up EV sales in India., In June 2023, TVS Motor Company announced a strategic partnership with food-delivery platform Zomato to accelerate eco-friendly transportation for short-distance deliveries. As part of this partnership, TVS Motor will deploy over 10,000 electric scooters over a course of two years, powered by its iQube electric scooter., In February 2023, Indian electric scooter manufacturer Ola Electric Mobility Pvt. plans to build the world's largest electric vehicle hub in the southern Indian state of Tamil Nadu with an investment of $920 million to localize the supply chain for cleaner transport.. Key drivers for this market are: Rising fuel prices: The rising cost of fuel has made electric scooters a more affordable alternative to traditional gasoline-powered scooters.

Government incentives: The Indian government's FAME II scheme provides subsidies for the purchase of electric vehicles, making them more affordable for consumers.. Potential restraints include: Range anxiety: Consumers are often concerned about the limited range of electric scooters compared to gasoline-powered scooters.

Lack of charging infrastructure: The lack of widespread charging infrastructure for electric scooters can be a deterrent for consumers.. Notable trends are: Development of high-performance batteries: Battery technology is rapidly evolving, leading to the development of high-performance batteries with increased range and durability.

Integration of smart features: Electric scooters are becoming increasingly integrated with smart features, such as GPS navigation, mobile connectivity, and voice control..

The electric scooters market offers a wide range of products to cater to diverse consumer needs and preferences.Vehicle Type: Electric scooters are available in various types, including e-kick scooters & bikes, electric mopeds, and electric motorcycles.Power Output: Electric scooters are available in different power outputs, ranging from less than 3.6 kW to 20 kW and above, to meet the needs of commuters, enthusiasts, and commercial users.Battery Technology: Electric scooters utilize sealed lead acid batteries, lithium-ion batteries, and lithium-ion polymer batteries, each with its own advantages in terms of energy density, lifespan, and charging times.Motor Type: Electric scooters are equipped with hub motors or mid-drive motors, each providing unique characteristics in terms of performance, torque, and efficiency.Charging Type: Electric scooters can be charged using connector charging or wireless charging, offering convenience and flexibility for users. Recent developments include: November 2022: At the Milan Motorcycle Show, the Piaggio Group-owned brand Aprilia unveiled Electrica, its first electric bike, in the supermoto class., November 2022: The Piaggio Group introduced the Piaggio 1 Active, a new version of the Piaggio 1 electric scooter for 2023. With its 3-kWh battery, the scooter can reach a maximum speed of 60 km/h.. Key drivers for this market are: Government Incentives: Governments across Europe are offering subsidies and incentives to promote the adoption of electric vehicles, including electric scooters.

Rising Environmental Concerns: Consumers are increasingly aware of the environmental impact of traditional gasoline-powered vehicles, leading to a shift towards electric alternatives.. Potential restraints include: Infrastructure Limitations: The lack of adequate charging infrastructure and designated parking spaces for electric scooters can hinder widespread adoption.

Safety Concerns: Safety concerns related to collisions and accidents can deter some consumers from using electric scooters.. Notable trends are: Rising demand for fuel-efficient e-scooters is driving the market growth.

Folding Electric Scooter Market Outlook

The global folding electric scooter market size is poised to witness significant growth, projecting to expand from USD 4.5 billion in 2023 to approximately USD 10.8 billion by 2032, reflecting a robust compound annual growth rate (CAGR) of 10.2% over the forecast period. This growth can be attributed to the increasing demand for sustainable urban transportation solutions, the rising popularity of micro-mobility, and technological advancements in scooter manufacturing. The convenience offered by folding electric scooters, especially in urban environments where space is a premium, contributes immensely to their growing popularity among users seeking efficient last-mile connectivity.

One of the key growth factors driving the folding electric scooter market is the increasing emphasis on reducing vehicular emissions. As cities around the world grapple with pollution and traffic congestion, there is a significant push towards adopting eco-friendly transportation alternatives. Folding electric scooters, being zero-emission vehicles, align perfectly with this global trend. Moreover, policies and incentives by governments to promote electric vehicles further bolster market expansion. These scooters provide a flexible and convenient mode of transport, enhancing their appeal among environmentally conscious consumers and commuters who value quick, hassle-free travel options.

Another factor contributing to market growth is technological advancement. Innovations have led to the development of more efficient batteries, enhanced safety features, and improved motor performance, making folding electric scooters more reliable and user-friendly. The advent of smart technologies, such as IoT-enabled scooters, allows users to integrate their scooters with mobile applications for tracking and locking features, which significantly boosts consumer confidence and user experience. Consequently, these technological improvements not only enhance the functionality of folding electric scooters but also broaden their appeal across diverse user demographics.

Additionally, the growing trend of shared mobility services is positively impacting the folding electric scooter market. Companies in the shared mobility sector are increasingly adding folding electric scooters to their fleets to meet the demand for short-distance travel. This trend is particularly noticeable in metropolitan areas where these scooters offer a practical solution to complete the "last-mile" leg of public transport journeys. The convenience and cost-effectiveness of shared scooters encourage more users to adopt this mode of transportation, further fueling market growth.

Regionally, the Asia Pacific is anticipated to dominate the folding electric scooter market due to the high population density and urbanization rate in countries like China and India. In these regions, folding electric scooters are seen as a viable solution to address traffic congestion and pollution issues. Moreover, the presence of key manufacturers in this region, coupled with government policies supporting electric mobility, provides a conducive environment for market development. However, North America and Europe are likely to experience substantial growth as well, driven by the increasing awareness of eco-friendly transportation options and the high disposable income of consumers in these regions.

Product Type Analysis

The folding electric scooter market is segmented by product type into 3-wheel and 2-wheel scooters. The 2-wheel segment holds a substantial share of the market due to its widespread appeal and versatility. These scooters are generally lighter, more compact, and easier to maneuver, making them ideal for urban commuters. The growing preference for 2-wheel folding electric scooters can be attributed to their sleek design and ability to be easily stored in small spaces such as apartments, public transport, and car trunks. Additionally, advancements in material science have led to the development of stronger yet lighter materials, enhancing the performance and portability of 2-wheel scooters.

On the other hand, the 3-wheel segment is gradually gaining traction, especially among users who prioritize stability and safety. These models are designed to provide a more balanced ride, which is particularly beneficial for older adults and those with limited mobility. The added stability of a 3-wheel scooter makes it a preferred option for individuals who might find two-wheelers challenging to balance. The growth in this segment is also supported by innovations that have made 3-wheel scooters more compact a

This statistic shows the estimated market size of shared e-scooter services for global regions in 2025, in billions of U.S. dollars. Shared electronic scooters have already become popular in cities such as San Francisco and Copenhagen, thanks to companies like Lime. The rapid rise in e-scooter popularity will require governments willing to allow shared services to quickly create regulations on their use in public areas and on shared pathways. In Europe alone the market for shared e-scooter services is expected to reach at least 12 billion U.S. dollars by 2025.

The global electric scooter market size is expected to reach USD 50.99 Billion by 2030 according to a new study by Polaris Market Research.

BASE YEAR	2024
HISTORICAL DATA	2019 - 2024
REPORT COVERAGE	Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
MARKET SIZE 2023	25.09(USD Billion)
MARKET SIZE 2024	26.55(USD Billion)
MARKET SIZE 2032	41.8(USD Billion)
SEGMENTS COVERED	Type, Battery Type, Range, End User, Regional
COUNTRIES COVERED	North America, Europe, APAC, South America, MEA
KEY MARKET DYNAMICS	Rising environmental concerns, Urban mobility trends, Government incentives, Advancements in battery technology, Increasing demand for last-mile transportation
MARKET FORECAST UNITS	USD Billion
KEY COMPANIES PROFILED	Ducati, Xiaomi, Joyor, Super73, Vespa, Pride Mobility, Boosted, Bird, Unagi, Glion, Razor USA, Lime, SegwayNinebot, Inokim, ETwow
MARKET FORECAST PERIOD	2025 - 2032
KEY MARKET OPPORTUNITIES	Increased urbanization demands, Eco-friendly transportation trend, Government incentives for electric vehicles, Growing interest in micromobility solutions, Advancements in battery technology
COMPOUND ANNUAL GROWTH RATE (CAGR)	5.83% (2025 - 2032)

On the back of continuously improving accessibility, the global e-scooter sharing market has been analyzed at a value of US$ 1.9 billion in 2024. Over the forecast period (from 2024 to 2034), worldwide revenue from e-scooter sharing services is forecasted to exhibit 16% CAGR (compound annual growth rate), leading to a market size of US$ 8.3 billion by 2034-end.

Report Attributes	Details
E-Scooter Sharing Market Size (2024E)	US$ 1.9 Billion
Forecasted Market Value (2034F)	US$ 8.3 Billion
Global Market Growth Rate (2024 to 2034)	16% CAGR
Japan Market Growth Rate (2024 to 2034)	17.4% CAGR
North America Market Share (2034F)	31.5%
Market Share of Free-floating Segment (2034F)	89%
Key Companies Profiled	GoTo Global Mobility Ltd. Neutron Holdings, Inc. VOI Technology Cityscoot Lyft Inc. Cooltra Motosharing, S.L.U Vogo Automotive Pvt. Ltd. Bird Global Inc.

Country-wise Insights

Attribute	United States
Market Value (2024E)	US$ 300 Million
Growth Rate (2024 to 2034)	15.7% CAGR
Projected Value (2034F)	US$ 1.2 Billion

Attribute	China
Market Value (2024E)	US$ 200 Million
Growth Rate (2024 to 2034)	16.8% CAGR
Projected Value (2034F)	US$ 1 Billion

Category-wise Insights

Attribute	Free Floating
Segment Value (2024E)	US$ 1.8 Billion
Growth Rate (2024 to 2034)	15.5% CAGR
Projected Value (2034F)	US$ 7.4 Billion

Attribute	Online Channels
Segment Value (2024E)	US$ 1.8 Billion
Growth Rate (2024 to 2034)	15.1% CAGR
Projected Value (2034F)	US$ 7.1 Billion