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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.
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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% |
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Global Electric Scooter Market size was valued at USD 30.3 Billion in 2023 and is poised to grow from USD 33.48 Billion in 2024 to USD 74.42 Billion by 2032, growing at a CAGR of 10.5% in the forecast period (2025-2032).
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The Electric Scooter and Motorcycle Market Report is Segmented by Vehicle Type (E-Scooter/Moped and E-Motorcycle), Battery (Lead-Acid, Lithium-Ion, and More), Power Output (Less Than 3. 6 KW, 3. 6 KW - 7. 2 KW, and More), Motor Type (Hub-Motor, Belt-Drive, and More), End-Use (Personal/Individual, Commercial and Corporate Fleets, and More), and Geography. The Market Forecasts are Provided in Terms of Value (USD) and Volume (Units).
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
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 ** billion U.S. dollars by 2025.
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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.
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Scooters Market size and share are predicted to reach USD 114.40 Billion by 2032, with a compound annual growth rate (CAGR) of 5.9% during the forecast period.
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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.
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The global scooter market size was more than USD 78.29 billion in 2024 and is anticipated to grow at a CAGR of around 6.5%, reaching USD 177.52 billion revenue by 2037. Conventional segment is likely to dominate 86.4% share by 2037, attributed to advantages of conventional scooters, such as lightweight, lower costs, and technological advancements.
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The India E-Scooter Market size is valued at USD 1 bn, shaped by market opportunities, industry report, and top players. Explore insights on market segmentation, CAGR, and future outlook.
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North America Electric Scooter Market by Vehicle Type (Electric Motorcycles, Electric Mopeds, E-scooters & Bikes), Power Output (Less than 3.6kW, 3.6kW to 7.2kW), Battery Technology, Motor Type, Charging Type, End User, and Country - Forecast to 2030
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Electric Scooter Accessories Market size was valued at USD 11.3 Billion in 2023 and is projected to reach USD 18.9 Billion by 2031, growing at a CAGR of 6.2% during the forecast period 2024-2031.
Global Electric Scooter Accessories Market Drivers
The market drivers for the Electric Scooter Accessories Market can be influenced by various factors. These may include:
Rising Popularity of Electric Scooters: The growing adoption of electric scooters as a sustainable and cost-effective mode of urban transportation is driving demand for accessories that enhance their functionality and convenience.
Increasing Urbanization: With more people living in urban areas, the need for compact, efficient, and eco-friendly transportation options like electric scooters is rising, which in turn boosts the demand for related accessories.
Global Electric Scooter Accessories Market Restraints
Several factors can act as restraints or challenges for the Electric Scooter Accessories Market. These may include:
High Cost of Accessories: Many electric scooter accessories, such as advanced batteries, safety gear, and customization parts, can be expensive. This high cost may deter consumers from purchasing them, especially in price-sensitive markets.
Lack of Standardization: The electric scooter market is highly fragmented, with various manufacturers producing scooters with different specifications. This lack of standardization can lead to compatibility issues, limiting the adoption of accessories that only fit specific models.
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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.
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Global Scooter market size is expected to reach $99.71 billion by 2029 at 6.6%, road construction investments fueling growth in the scooter market
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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.
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As per Cognitive Market Research's latest published report, Electric Scooters Industry's Compound Annual Growth Rate will be 8.6% from 2023 to 2030. What are the key driving factors for the Electric Scooter 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. Introduction of Electric Scooter
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.
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China E Scooter market was valued at USD 8.98 billion in 2024 and is anticipated to grow USD 13.02 billion by 2030 with a CAGR of 6.44%
Pages | 80 |
Market Size | 2024: USD 8.98 Billion |
Forecast Market Size | 2030: USD 13.02 Billion |
CAGR | 2025-2030: 6.44% |
Fastest Growing Segment | Lithium-Ion |
Largest Market | East |
Key Players | 1. Yadea Technology Group Co., Ltd. 2. Aima Technology Group Co., Ltd. 3. Jiangsu Xinri E-Vehicle Co., Ltd. 4. Zhejiang Luyuan Electric Vehicle Co., Ltd. 5. Qianjiang Motorcycle Co., Ltd. 6. Jinan Qingqi Motorcycle Co., Ltd 7. Niu Technologies Group Limited 8. Zhejiang Geely Holding Group Co., Ltd. 9. Super Soco Technology Co., Ltd. 10. Zhejiang Benling Vehicle Technology Co., Ltd. |
According to our latest research, the global electric scooter market size reached USD 41.2 billion in 2024, driven by a robust shift towards sustainable urban mobility and rapid technological advancements. The market is set to expand at a CAGR of 10.8% from 2025 to 2033, culminating in a projected value of USD 102.4 billion by 2033. This impressive growth trajectory is primarily fueled by increasing environmental concerns, government incentives for electric mobility, and the rising adoption of shared mobility solutions worldwide.
One of the primary growth factors propelling the electric scooter market is the global emphasis on reducing carbon emissions and promoting eco-friendly transportation options. Governments across major economies are implementing stringent emission regulations and providing subsidies or tax incentives to both manufacturers and consumers of electric vehicles. These initiatives have significantly lowered the cost barrier for end-users, resulting in a surge in electric scooter adoption in urban and semi-urban areas. Additionally, the integration of advanced battery technologies, such as lithium-ion batteries, has improved the range and performance of electric scooters, making them a more viable alternative to traditional gasoline-powered vehicles.
Another critical driver for the electric scooter market is the rapid urbanization and changing mobility preferences among young adults and working professionals. Urban centers are experiencing increased traffic congestion and limited parking spaces, making compact and efficient electric scooters an attractive solution for daily commuting. The proliferation of ride-sharing and scooter-sharing platforms has further democratized access to electric scooters, allowing users to conveniently rent vehicles for short distances. These shared mobility models are particularly popular in North America, Europe, and parts of Asia Pacific, contributing to the overall market expansion.
Technological advancements have also played a pivotal role in the evolution and widespread acceptance of electric scooters. Innovations such as regenerative braking systems, Internet of Things (IoT) integration, and mobile app connectivity have enhanced the user experience and safety features of modern electric scooters. Manufacturers are investing heavily in research and development to introduce models with improved durability, faster charging capabilities, and customizable ride settings. These technological upgrades not only attract tech-savvy consumers but also address concerns related to battery life and operational efficiency, further accelerating market growth.
From a regional perspective, the Asia Pacific region continues to dominate the electric scooter market, accounting for the largest share of global sales in 2024. This dominance is attributed to the presence of leading manufacturers, high population density, and supportive government policies in countries like China, India, and Japan. Europe is witnessing substantial growth, driven by stringent emission norms and the rapid expansion of shared e-scooter fleets in urban centers. North America is also emerging as a significant market, with increasing investments in charging infrastructure and rising consumer awareness about sustainable transportation. The Middle East & Africa and Latin America are expected to show steady growth, supported by urbanization and improving economic conditions.
The electric scooter market is segmented by product type into folding, non-folding, and self-balancing scooters. Folding electric scooters have gained significant traction among urban commuters due to their portability and ease of storage. These scooters are particularly favored by office-goers and students who require a compact vehicle that can be easily carried onto public transportation or stored under desks. The convenience offered by folding models aligns well with the lifestyle of city dwellers, contributing to their increasing market share. Ma
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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 |
|
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 |
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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.