Global Electric Scooters Market Size study & Forecast, by Drive Type (Belt Drive, Chain Drive, Hub Motors), by Battery (Lead Acid, Li-ion, Other), by End Use (Personal, Commercial), and Regional Analysis, 2023-2030

Description

List of Tables

Global Electric Scooters Market is valued at approximately USD 33.18 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 9.9% over the forecast period 2023-2030. Electric scooters are small, light, and run on battery power with two wheels. They are faster than regular scooters, and their batteries are rechargeable through electric charging. Electric scooters are gaining popularity around the world due to their cost-effectiveness, environmental friendliness, and time-saving advantages. Unlike conventional scooters that require gas or fuel, EVs do not require any fuel or gas. The demand for fuel-efficient vehicles has increased due to concerns about greenhouse gas and carbon emissions, leading to a rise in the adoption of electric scooters (e-scooters) over the forecast period. However, the market growth hindered by competition from other modes of transportation.

The market is seeing significant growth over the years due to rising concerns about greenhouse gas and carbon emissions. According to a survey report by Statista, the number of users in the E-Scooter-sharing market is expected to reach 133.80 million by 2027, with most revenue generated in the United States. As global awareness of greenhouse gas emissions and environmental pollution grows, consumers are shifting their preference from traditional vehicles to electric vehicles. The adoption of electric scooters is on the rise, and manufacturers are constantly developing new battery technologies to improve efficiency and reduce costs, creating growth opportunities for the market. Moreover, governments are promoting electrification and offering subsidies to promote the growth of electric vehicles. An instance of government support for electric vehicles is the FAME (faster adoption and manufacturing of hybrid and EVs) scheme launched by the Indian government in 2019. The scheme allocated a budget of 100 billion to assist 700 e-buses, 500,000 e-three wheelers, and e-passenger vehicles. As of now, approximately 124,415 vehicles have received benefits from the scheme. However, the lack of charging infrastructure pose the largest obstacle to the expansion of the market during the forecasted period 2023-2030.

The key regions considered for the Global Electric Scooters Market study include Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. In 2022, the Asia Pacific region dominated the market due to rapid urbanization, the affordability of e-scooters, and consumer awareness about clean energy transportation to reduce vehicular emissions. Ongoing research and development activities are expected to further boost this market over the next decade. Ola Electric, an Indian brand, has plans to build the world's largest network of charging stations for electric two-wheelers. The Ola Hypercharger Network boasts more than 100,000 charging stations across 400 cities, making it the world's largest and most concentrated electric two-wheeler charging network. North America is expected to experience significant growth over the forecast period. This growth is fueled by initiatives from both government and private market players to expand the regional electric two-wheeler charging station network. Additionally, research and development activities aimed at developing high-density batteries are expected to boost the regional market growth in the coming years. Revel, a Spanish business, invested USD 27.6 million to introduce 68 MUVI e-scooters to the U.S. market.

Major market player included in this report are:

KTM AG
AllCell Technologies LLC
BMW Motorrad International
BOXX Corp.
Mahindra GenZe
Gogoro, Inc.
Green Energy Motors Corp.
Greenwit Technologies Inc.
Honda Motor Co. Ltd.
OLA Electric Mobility Private Limited

Recent Developments in the Market:

In July 2023, BMW Motorrad introduced the BMW CE 02, which they call an "eParkourer". The 11 kW model can reach a speed of 95 kmph, while the 4 kW version can go up to 45 kmph. The vehicle comes with a TFT display that shows ride information and a USB-C charging socket for smartphones. Additionally, a smartphone app enables riders to record their trips and check the CE 02's battery status.
In April 2023, Gogoro teamed up with Globe Group's 917Ventures and Ayala Corporation to introduce Gogoro Smart scooters and battery-swapping technology in the Philippines. This partnership seeks to address the everyday problems faced by Filipinos and encourage sustainable transportation. It also marks Gogoro's debut in the country, adding to its established presence in Taiwan, China, India, Indonesia, Korea, Japan, and Israel.
In April 2023, Yadea launched its ElitePrime electric scooter worldwide via the crowdfunding platform Indiegogo. The scooter boasts features such as high ground clearance, a broad footboard, a lithium battery with a 40-mile range on a single charge, and self-repairing technology for tires. It is also foldable, and compact, which comes with a companion smartphone app, making it easy to carry.
In April 2022 Sun Motors and Terra Motors have partnered up to integrate Terra Motors' 3-wheeler and 2-wheeler offerings with Sun Mobility's swappable battery-based energy solution. This partnership allowsl the vehicles to be deployed in northern and eastern Indian cities, with access to Sun Mobility's SWAP POINTS for EV battery-swapping services.
In March 2022, Yamaha Motor Co., Ltd. released the NEO'S electric scooter in Europe, catering to the growing consumer base that is switching to 2-wheeler electric alternatives for transportation. The scooter features a Yamaha Integrated Power Unit II, allowing for a driving range of 37 kms on a fully-charged battery, and energy-efficient low-loss tires.

Global Electric Scooters Market Report Scope:

Historical Data - 2020 - 2021
Base Year for Estimation - 2022
Forecast period - 2023-2030
Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered - Drive Type, Battery, End Use, Region
Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
Customization Scope - Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Drive Type:

Belt Drive
Chain Drive
Hub Motors

By Battery:

Lead acid
Li-ion
Other

By End Use:

Personal
Commercial

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Chapter 1. Executive Summary

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
- 1.2.1. Electric Scooters Market, by Region, 2020-2030 (USD Billion)
- 1.2.2. Electric Scooters Market, by Drive Type, 2020-2030 (USD Billion)
- 1.2.3. Electric Scooters Market, by Battery, 2020-2030 (USD Billion)
- 1.2.4. Electric Scooters Market, by End Use, 2020-2030 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

Chapter 2. Global Electric Scooters Market Definition and Scope

2.1. Objective of the Study
2.2. Market Definition & Scope
- 2.2.1. Industry Evolution
- 2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

Chapter 3. Global Electric Scooters Market Dynamics

3.1. Electric Scooters Market Impact Analysis (2020-2030)
- 3.1.1. Market Drivers
  - 3.1.1.1. Low maintenance cost
  - 3.1.1.2. Changing preference of customers towards EVs
  - 3.1.1.3. Increasing demand for fuel-efficient vehicles
- 3.1.2. Market Challenges
  - 3.1.2.1. Competition from other modes of transport
  - 3.1.2.2. Lack of charging infrastructure
- 3.1.3. Market Opportunities
  - 3.1.3.1. Advancements in battery technologies
  - 3.1.3.2. Government initiatives for electrification

Chapter 4. Global Electric Scooters Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. Porter's 5 Force Impact Analysis
4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.3.5. Environmental
- 4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion

Chapter 5. Global Electric Scooters Market, by Drive Type

5.1. Market Snapshot
5.2. Global Electric Scooters Market by Drive Type, Performance - Potential Analysis
5.3. Global Electric Scooters Market Estimates & Forecasts by Drive Type 2020-2030 (USD Billion)
5.4. Electric Scooters Market, Sub Segment Analysis
- 5.4.1. Belt Drive
- 5.4.2. Chain Drive
- 5.4.3. Hub Motors

Chapter 6. Global Electric Scooters Market, by Battery

6.1. Market Snapshot
6.2. Global Electric Scooters Market by Battery, Performance - Potential Analysis
6.3. Global Electric Scooters Market Estimates & Forecasts by Battery 2020-2030 (USD Billion)
6.4. Electric Scooters Market, Sub Segment Analysis
- 6.4.1. Lead Acid
- 6.4.2. Li-ion
- 6.4.3. Other

Chapter 7. Global Electric Scooters Market, by End Use

7.1. Market Snapshot
7.2. Global Electric Scooters Market by End Use, Performance - Potential Analysis
7.3. Global Electric Scooters Market Estimates & Forecasts by End Use 2020-2030 (USD Billion)
7.4. Electric Scooters Market, Sub Segment Analysis
- 7.4.1. Personal
- 7.4.2. Commercial

Chapter 8. Global Electric Scooters Market, Regional Analysis

8.1. Top Leading Countries
8.2. Top Emerging Countries
8.3. Electric Scooters Market, Regional Market Snapshot
8.4. North America Electric Scooters Market
- 8.4.1. U.S. Electric Scooters Market
  - 8.4.1.1. Drive Type breakdown estimates & forecasts, 2020-2030
  - 8.4.1.2. Battery breakdown estimates & forecasts, 2020-2030
  - 8.4.1.3. End Use breakdown estimates & forecasts, 2020-2030
- 8.4.2. Canada Electric Scooters Market
8.5. Europe Electric Scooters Market Snapshot
- 8.5.1. U.K. Electric Scooters Market
- 8.5.2. Germany Electric Scooters Market
- 8.5.3. France Electric Scooters Market
- 8.5.4. Spain Electric Scooters Market
- 8.5.5. Italy Electric Scooters Market
- 8.5.6. Rest of Europe Electric Scooters Market
8.6. Asia-Pacific Electric Scooters Market Snapshot
- 8.6.1. China Electric Scooters Market
- 8.6.2. India Electric Scooters Market
- 8.6.3. Japan Electric Scooters Market
- 8.6.4. Australia Electric Scooters Market
- 8.6.5. South Korea Electric Scooters Market
- 8.6.6. Rest of Asia Pacific Electric Scooters Market
8.7. Latin America Electric Scooters Market Snapshot
- 8.7.1. Brazil Electric Scooters Market
- 8.7.2. Mexico Electric Scooters Market
8.8. Middle East & Africa Electric Scooters Market
- 8.8.1. Saudi Arabia Electric Scooters Market
- 8.8.2. South Africa Electric Scooters Market
- 8.8.3. Rest of Middle East & Africa Electric Scooters Market

Chapter 9. Competitive Intelligence

9.1. Key Company SWOT Analysis
- 9.1.1. Company 1
- 9.1.2. Company 2
- 9.1.3. Company 3
9.2. Top Market Strategies
9.3. Company Profiles
- 9.3.1. KTM AG
  - 9.3.1.1. Key Information
  - 9.3.1.2. Overview
  - 9.3.1.3. Financial (Subject to Data Availability)
  - 9.3.1.4. Product Summary
  - 9.3.1.5. Recent Developments
- 9.3.2. AllCell Technologies LLC
- 9.3.3. BMW Motorrad International
- 9.3.4. BOXX Corp.
- 9.3.5. Mahindra GenZe
- 9.3.6. Gogoro, Inc.
- 9.3.7. Green Energy Motors Corp.
- 9.3.8. Greenwit Technologies Inc.
- 9.3.9. Honda Motor Co. Ltd.
- 9.3.10. OLA Electric Mobility Private Limited

Chapter 10. Research Process

10.1. Research Process
- 10.1.1. Data Mining
- 10.1.2. Analysis
- 10.1.3. Market Estimation
- 10.1.4. Validation
- 10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Electric Scooters Market, report scope
TABLE 2. Global Electric Scooters Market estimates & forecasts by Region 2020-2030 (USD Billion)
TABLE 3. Global Electric Scooters Market estimates & forecasts by Drive Type 2020-2030 (USD Billion)
TABLE 4. Global Electric Scooters Market estimates & forecasts by Battery 2020-2030 (USD Billion)
TABLE 5. Global Electric Scooters Market estimates & forecasts by End Use 2020-2030 (USD Billion)
TABLE 6. Global Electric Scooters Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 7. Global Electric Scooters Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 8. Global Electric Scooters Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 9. Global Electric Scooters Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 10. Global Electric Scooters Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 11. Global Electric Scooters Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 12. Global Electric Scooters Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 13. Global Electric Scooters Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 14. Global Electric Scooters Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 15. Global Electric Scooters Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 16. U.S. Electric Scooters Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 17. U.S. Electric Scooters Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 18. U.S. Electric Scooters Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 19. Canada Electric Scooters Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 20. Canada Electric Scooters Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 21. Canada Electric Scooters Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 22. UK Electric Scooters Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 23. UK Electric Scooters Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 24. UK Electric Scooters Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 25. Germany Electric Scooters Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 26. Germany Electric Scooters Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 27. Germany Electric Scooters Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 28. France Electric Scooters Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 29. France Electric Scooters Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 30. France Electric Scooters Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 31. Italy Electric Scooters Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 32. Italy Electric Scooters Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 33. Italy Electric Scooters Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 34. Spain Electric Scooters Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 35. Spain Electric Scooters Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 36. Spain Electric Scooters Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 37. RoE Electric Scooters Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 38. RoE Electric Scooters Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 39. RoE Electric Scooters Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 40. China Electric Scooters Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 41. China Electric Scooters Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 42. China Electric Scooters Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 43. India Electric Scooters Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 44. India Electric Scooters Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 45. India Electric Scooters Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 46. Japan Electric Scooters Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 47. Japan Electric Scooters Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 48. Japan Electric Scooters Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 49. South Korea Electric Scooters Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 50. South Korea Electric Scooters Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 51. South Korea Electric Scooters Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 52. Australia Electric Scooters Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 53. Australia Electric Scooters Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 54. Australia Electric Scooters Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 55. RoAPAC Electric Scooters Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 56. RoAPAC Electric Scooters Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 57. RoAPAC Electric Scooters Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 58. Brazil Electric Scooters Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 59. Brazil Electric Scooters Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 60. Brazil Electric Scooters Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 61. Mexico Electric Scooters Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 62. Mexico Electric Scooters Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 63. Mexico Electric Scooters Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 64. RoLA Electric Scooters Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 65. RoLA Electric Scooters Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 66. RoLA Electric Scooters Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 67. Saudi Arabia Electric Scooters Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 68. South Africa Electric Scooters Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 69. RoMEA Electric Scooters Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 70. List of secondary sources, used in the study of global Electric Scooters Market
TABLE 71. List of primary sources, used in the study of global Electric Scooters Market
TABLE 72. Years considered for the study
TABLE 73. Exchange rates considered

List of tables and figures and dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

FIG 1. Global Electric Scooters Market, research methodology
FIG 2. Global Electric Scooters Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Electric Scooters Market, key trends 2022
FIG 5. Global Electric Scooters Market, growth prospects 2023-2030
FIG 6. Global Electric Scooters Market, porters 5 force model
FIG 7. Global Electric Scooters Market, pest analysis
FIG 8. Global Electric Scooters Market, value chain analysis
FIG 9. Global Electric Scooters Market by segment, 2020 & 2030 (USD Billion)
FIG 10. Global Electric Scooters Market by segment, 2020 & 2030 (USD Billion)
FIG 11. Global Electric Scooters Market by segment, 2020 & 2030 (USD Billion)
FIG 12. Global Electric Scooters Market by segment, 2020 & 2030 (USD Billion)
FIG 13. Global Electric Scooters Market by segment, 2020 & 2030 (USD Billion)
FIG 14. Global Electric Scooters Market, regional snapshot 2020 & 2030
FIG 15. North America Electric Scooters Market 2020 & 2030 (USD Billion)
FIG 16. Europe Electric Scooters Market 2020 & 2030 (USD Billion)
FIG 17. Asia pacific Electric Scooters Market 2020 & 2030 (USD Billion)
FIG 18. Latin America Electric Scooters Market 2020 & 2030 (USD Billion)
FIG 19. Middle East & Africa Electric Scooters Market 2020 & 2030 (USD Billion)