PUBLISHER: Grand View Research | PRODUCT CODE: 1092612
PUBLISHER: Grand View Research | PRODUCT CODE: 1092612
E-Scooter Sharing Market Size, Share & Trends Analysis Report By Type (Free-Floating, Station-Bound), By Distribution Channel (Online, Offline), By Region (Europe, Asia Pacific), And Segment Forecasts, 2022 - 2028
E-Scooter Sharing Market Growth & Trends:
The global e-scooter sharing market size is estimated to reach USD 3.08 billion by 2028 and is expected to grow at a CAGR of 18.8% from 2022 to 2028, according to a new report by Grand View Research, Inc. The market growth is attributed to the rising investments in the sector coupled with growing initiatives to reduce air pollution and greenhouse gas emissions. For instance, electric scooter (e-scooter) sharing firm, VOI, has raised USD 115 million from investors as reported in December 2021. Additionally, Lime announced in November 2021 that it has raised over USD 500 million and plans to go public by 2022.
The penetration of key players in untapped regions is also contributing to the market growth. For instance, as reported in March 2021, Singapore-based Neuron Mobility planned to expand its business in South Korea. Key players are also focusing on growth strategies such as research and development and the launch of new products. Despite the sudden changes post COVID-19, the Indian market is showcasing strong signs of electrification. Companies such as Vogo and Bounce are focused on increasing their electric scooters fleet. For instance, in August 2021, Bounce launched a free-floating e-scooter sharing service in Vijayawada, India.
The increasing road congestions in urban areas are one of the key drivers of market growth. The booming population has led to an increased number of daily commuters, thereby resulting in road congestion. This has prompted many countries to look for new alternatives to reduce roadblocks. Governments as well as scooter-sharing service providers are encouraging travelers to opt for electric scooter-sharing services as they are compact and require lesser space on roads and in parking areas. Such initiatives bode well for market growth.
An e-scooter sharing system is a shared vehicle service where e-scooters are provided for rent. These scooters are dockless, meaning they do not have a fixed location and can be picked up from or dropped off anywhere within the service area. E-scooter sharing system has gained wide popularity in urban areas as it offers a quick and convenient mode of transport for last-mile mobility. In addition, various government policies for promoting electric mobility and increasing monthly installations of e-scooter sharing apps, such as Bird Rides and Lime, by consumers are expected to contribute to market growth across the globe.
On the other hand, the low lifespan of e-scooters is expected to restrain the market growth. In the free-floating system, rough handling of scooters by consumers often leads to damage and a reduced lifespan. Moreover, a lack of availability of e-scooter lanes is also expected to impact consumer usage and inclination. The lack of proper lanes often leads to road accidents, affecting riders as well as pedestrians.
The COVID-19 outbreak has caused temporary disruptions in the market. Restrictions and lockdowns imposed by governments across the globe led to plummeted ridership along with a halt in numerous e-scooter sharing schemes. E-scooters recorded a decline in demand in 2020 compared to 2019. However, the global market is projected to witness healthy growth over the forecast period owing to an anticipated increase in ridership.
Europe dominated the global market in 2021 and recorded around 65% market revenue share. Factors such as high consumer awareness, positive inclination toward shared micro-mobility, and the strong presence of key players have contributed to the high market revenue share. For instance, according to the UNU, a German electric scooter manufacturer, over 80% of e-scooter sharing cities are in Europe with a large portion of the scooter fleet being electric.
E-Scooter Sharing Market Report Highlights:
- Asia Pacific is estimated to witness a high CAGR of 22.9% from 2022 to 2028 owing to increasing investments, expansion of key and local players, the positive inclination of consumers, and increasing smartphone usage
- The station-bound segment accounted for a share of over 5.0% in 2021 owing to the limited number of market players offering station-bound services, lower market penetration, and lower consumer preference
- The offline segment is estimated to register a CAGR of 12.5% from 2022 to 2028 owing to the rising inclination of the elderly population toward shared micro-mobility, such as e-scooter sharing, who prefer traditional, offline channels
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Research Methodology
- 1.2. Research Scope & Assumptions
- 1.3. List of Data Sources
- 1.4. List of Abbreviations
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Type Outlook
- 2.3. Distribution Channel Outlook
- 2.4. Regional Outlook
Chapter 3. E-Scooter Sharing Market Variables, Trends & Scope
- 3.1 Market Segmentation
- 3.2 Penetration & Growth Prospect Mapping
- 3.3 Value Chain Analysis
- 3.4 Market Dynamics
- 3.4.1 Market Driver Analysis
- 3.4.2 Market Restraint Analysis
- 3.4.3 Market Opportunities Analysis
- 3.5 Business Environment Analysis
- 3.5.1 Porter's Analysis
- 3.5.1.1 Threat Of New Entrants
- 3.5.1.2 Bargaining Power Of Suppliers
- 3.5.1.3 Bargaining Power Of Buyers
- 3.5.1.4 Threat Of Substitutes
- 3.5.1.5 Competitive Rivalry
- 3.5.2 PESTLE Analysis
- 3.5.2.1 Political Landscape
- 3.5.2.2 Environmental Landscape
- 3.5.2.3 Social Landscape
- 3.5.2.4 Technology Landscape
- 3.5.2.5 Economic Landscape
- 3.6.2.6 Legal Landscape
- 3.5.1 Porter's Analysis
Chapter 4. Consumer Behavior Analysis
- 4.1. Consumer Trends and Preferences
- 4.2. Factors Affecting Buying Decision
- 4.3. Consumer Type Adoption
- 4.4. Observations & Recommendations
Chapter 5. E-Scooter Sharing Market: Type Estimates & Trend Analysis
- 5.1. Type Movement Analysis & Market Share, 2020 & 2028
- 5.2. Free-Floating
- 5.2.1. Market Estimates And Forecast, 2017 - 2028 (USD Million)
- 5.3. Station-Bound
- 5.3.1. Market Estimates And Forecast, 2017 - 2028 (USD Million)
Chapter 6. E-Scooter Sharing Market: Distribution Channel Estimates & Trend Analysis
- 6.1. Distribution Channel Movement Analysis & Market Share, 2020 & 2028
- 6.2. Online
- 6.2.1. Market Estimates And Forecast, 2017 - 2028 (USD Million)
- 6.3. Offline
- 6.3.1. Market Estimates And Forecast, 2017 - 2028 (USD Million)
Chapter 7. E-Scooter Sharing Market: Regional Estimates & Trend Analysis
- 7.1. Regional Movement Analysis & Market Share, 2020 & 2028
- 7.2. North America
- 7.2.1. Market Estimates And Forecast, 2017 - 2028 (USD Million)
- 7.2.2. Market Estimates And Forecast, By Type, 2017 - 2028 (USD Million)
- 7.2.3. Market Estimates And Forecast, By Distribution Channel, 2017 - 2028 (USD Million)
- 7.2.4. U.S.
- 7.2.4.1. Market Estimates And Forecast, 2017 - 2028 (USD Million)
- 7.2.4.2. Market Estimates And Forecast, By Type, 2017 - 2028 (USD Million)
- 7.2.4.3. Market Estimates And Forecast, By Distribution Channel, 2017 - 2028 (USD Million)
- 7.2.5. Canada
- 7.2.5.1. Market Estimates And Forecast, 2017 - 2028 (USD Million)
- 7.2.5.2. Market Estimates And Forecast, By Type, 2017 - 2028 (USD Million)
- 7.2.5.3. Market Estimates And Forecast, By Distribution Channel, 2017 - 2028 (USD Million)
- 7.3. Europe
- 7.3.1. Market Estimates And Forecast, 2017 - 2028 (USD Million)
- 7.3.2. Market Estimates And Forecast, By Type, 2017 - 2028 (USD Million)
- 7.3.3. Market Estimates And Forecast, By Distribution Channel, 2017 - 2028 (USD Million)
- 7.3.4. U.K.
- 7.3.4.1. Market Estimates And Forecast, 2017 - 2028 (USD Million)
- 7.3.4.2. Market Estimates And Forecast, By Type, 2017 - 2028 (USD Million)
- 7.3.4.3. Market Estimates And Forecast, By Distribution Channel, 2017 - 2028 (USD Million)
- 7.3.5. Germany
- 7.3.5.1. Market Estimates And Forecast, 2017 - 2028 (USD Million)
- 7.3.5.2. Market Estimates And Forecast, By Type, 2017 - 2028 (USD Million)
- 7.3.5.3. Market Estimates And Forecast, By Distribution Channel, 2017 - 2028 (USD Million)
- 7.3.6. France
- 7.3.6.1. Market Estimates And Forecast, 2017 - 2028 (USD Million)
- 7.3.6.2. Market Estimates And Forecast, By Type, 2017 - 2028 (USD Million)
- 7.3.6.3. Market Estimates And Forecast, By Distribution Channel, 2017 - 2028 (USD Million)
- 7.4. Asia Pacific
- 7.4.1. Market Estimates And Forecast, 2017 - 2028 (USD Million)
- 7.4.2. Market Estimates And Forecast, By Type, 2017 - 2028 (USD Million)
- 7.4.3. Market Estimates And Forecast, By Distribution Channel, 2017 - 2028 (USD Million)
- 7.4.4. China
- 7.4.4.1. Market Estimates And Forecast, 2017 - 2028 (USD Million)
- 7.4.4.2. Market Estimates And Forecast, By Type, 2017 - 2028 (USD Million)
- 7.4.4.3. Market Estimates And Forecast, By Distribution Channel, 2017 - 2028 (USD Million)
- 7.4.5. India
- 7.4.5.1. Market Estimates And Forecast, 2017 - 2028 (USD Million)
- 7.4.5.2. Market Estimates And Forecast, By Type, 2017 - 2028 (USD Million)
- 7.4.5.3. Market Estimates And Forecast, By Distribution Channel, 2017 - 2028 (USD Million)
- 7.4.6. Japan
- 7.4.6.1. Market Estimates And Forecast, 2017 - 2028 (USD Million)
- 7.4.6.2. Market Estimates And Forecast, By Type, 2017 - 2028 (USD Million)
- 7.4.6.3. Market Estimates And Forecast, By Distribution Channel, 2017 - 2028 (USD Million)
- 7.5. Central & South America
- 7.5.1. Market Estimates And Forecast, 2017 - 2028 (USD Million)
- 7.5.2. Market Estimates And Forecast, By Type, 2017 - 2028 (USD Million)
- 7.5.3. Market Estimates And Forecast, By Distribution Channel, 2017 - 2028 (USD Million)
- 7.5.4. Brazil
- 7.5.4.1. Market Estimates And Forecast, 2017 - 2028 (USD Million)
- 7.5.4.2. Market Estimates And Forecast, By Type, 2017 - 2028 (USD Million)
- 7.5.4.3. Market Estimates And Forecast, By Distribution Channel, 2017 - 2028 (USD Million)
- 7.5.5. Argentina
- 7.5.5.1. Market Estimates And Forecast, 2017 - 2028 (USD Million)
- 7.5.5.2. Market Estimates And Forecast, By Type, 2017 - 2028 (USD Million)
- 7.5.5.3. Market Estimates And Forecast, By Distribution Channel, 2017 - 2028 (USD Million)
- 7.6. Middle East & Africa
- 7.6.1. Market Estimates And Forecast, 2017 - 2028 (USD Million)
- 7.6.2. Market Estimates And Forecast, By Type, 2017 - 2028 (USD Million)
- 7.6.3. Market Estimates And Forecast, By Distribution Channel, 2017 - 2028 (USD Million)
- 7.6.4. Saudi Arabia
- 7.6.4.1. Market Estimates And Forecast, 2017 - 2028 (USD Million)
- 7.6.4.2. Market Estimates And Forecast, By Type, 2017 - 2028 (USD Million)
- 7.6.4.3. Market Estimates And Forecast, By Distribution Channel, 2017 - 2028 (USD Million)
- 7.6.5. South Africa
- 7.6.5.1. Market Estimates And Forecast, 2017 - 2028 (USD Million)
- 7.6.5.2. Market Estimates And Forecast, By Type, 2017 - 2028 (USD Million)
- 7.6.5.3. Market Estimates And Forecast, By Distribution Channel, 2017 - 2028 (USD Million)
Chapter 8. Competitive Analysis
- 8.1. Key Global Players, Recent Developments & Their Impact On The Industry
- 8.2. Key Company/Competition Categorization (Key Innovators, Market Leaders, Emerging Players)
- 8.3. Vendor Landscape
- 8.3.1. Key Company Market Share Analysis, 2020
Chapter 9. Company Profiles
- 9.1. Neutron Holdings, Inc.
- 9.1.1. Company Overview
- 9.1.2. Financial Performance
- 9.1.3. Product Benchmarking
- 9.1.4. Strategic Initiatives
- 9.2. Cityscoot
- 9.2.1. Company Overview
- 9.2.2. Financial Performance
- 9.2.3. Product Benchmarking
- 9.2.4. Strategic Initiatives
- 9.3. Cooltra Motosharing, S.L.U
- 9.3.1. Company Overview
- 9.3.2. Financial Performance
- 9.3.3. Product Benchmarking
- 9.3.4. Strategic Initiatives
- 9.4. Bird Global Inc.
- 9.4.1. Company Overview
- 9.4.2. Financial Performance
- 9.4.3. Product Benchmarking
- 9.4.4. Strategic Initiatives
- 9.5. Vogo Automotive Pvt. Ltd.
- 9.5.1. Company Overview
- 9.5.2. Financial Performance
- 9.5.3. Product Benchmarking
- 9.5.4. Strategic Initiatives
- 9.6. GoTo Global Mobility Ltd.
- 9.6.1. Company Overview
- 9.6.2. Financial Performance
- 9.6.3. Product Benchmarking
- 9.6.4. Strategic Initiatives
- 9.7. Lyft Inc.
- 9.7.1. Company Overview
- 9.7.2. Financial Performance
- 9.7.3. Product Benchmarking
- 9.7.4. Strategic Initiatives
- 9.8. VOI Technology
- 9.8.1. Company Overview
- 9.8.2. Financial Performance
- 9.8.3. Product Benchmarking
- 9.8.4. Strategic Initiatives
List of Tables
- 1. E-Scooter Sharing market- Key Market Driver Analysis
- 2. E-Scooter Sharing market- Key Market Restraint Analysis
- 3. Global Free-Floating E-Scooter Sharing Market Estimates And Forecast By Type, 2017 - 2028 (USD Million)
- 4. Global Station-Bound E-Scooter Sharing Market Estimates And Forecast By Type, 2017 - 2028 (USD Million)
- 5. Global Online Agency E-Scooter Sharing Market Estimates And Forecast By Distribution Channel, 2017 - 2028 (USD Million)
- 6. Global Offline E-Scooter Sharing Market Estimates And Forecast By Distribution Channel, 2017 - 2028 (USD Million)
- 7. Global E-Scooter Sharing Market Estimates And Forecast, By Region, 2017 - 2028 (USD Million)
- 8. Global E-Scooter Sharing Market Estimates And Forecast By Type, 2017 - 2028 (USD Million)
- 9. Global E-Scooter Sharing Market Estimates And Forecast By Distribution Channel, 2017 - 2028 (USD Million)
- 10. North America E-Scooter Sharing Market Estimates And Forecast, 2017 - 2028 (USD Million)
- 11. North America E-Scooter Sharing Market Estimates And Forecast, By Type, 2017 - 2028 (USD Million)
- 12. North America E-Scooter Sharing Market Estimates And Forecast By Distribution Channel, 2017 - 2028 (USD Million)
- 13. U.S. E-Scooter Sharing Market Estimates And Forecast, 2017 - 2028 (USD Million)
- 14. U.S. E-Scooter Sharing Market Estimates And Forecast By Type, 2017 - 2028 (USD Million)
- 15. U.S. E-Scooter Sharing Market Estimates And Forecast By Distribution Channel, 2017 - 2028 (USD Million)
- 16. Canada E-Scooter Sharing Market Estimates And Forecast, 2017 - 2028 (USD Million)
- 17. Canada E-Scooter Sharing Market Estimates And Forecast By Type, 2017 - 2028 (USD Million)
- 18. Canada E-Scooter Sharing Market Estimates And Forecast By Distribution Channel, 2017 - 2028 (USD Million)
- 19. Europe E-Scooter Sharing Market Estimates And Forecast, 2017 - 2028 (USD Million)
- 20. Europe E-Scooter Sharing Market Estimates And Forecast By Type, 2017 - 2028 (USD Million)
- 21. Europe E-Scooter Sharing Market Estimates And Forecast By Distribution Channel, 2017 - 2028 (USD Million)
- 22. U.K. E-Scooter Sharing Market Estimates And Forecast, 2017 - 2028 (USD Million)
- 23. U.K. E-Scooter Sharing Market Estimates And Forecast By Type, 2017 - 2028 (USD Million)
- 24. U.K. E-Scooter Sharing Market Estimates And Forecast By Distribution Channel, 2017 - 2028 (USD Million)
- 25. Germany E-Scooter Sharing Market Estimates And Forecast, 2017 - 2028 (USD Million)
- 26. Germany E-Scooter Sharing Market Estimates And Forecast By Type, 2017 - 2028 (USD Million)
- 27. Germany E-Scooter Sharing Market Estimates And Forecast By Distribution Channel, 2017 - 2028 (USD Million)
- 28. France E-Scooter Sharing Market Estimates And Forecast, 2017 - 2028 (USD Million)
- 29. France E-Scooter Sharing Market Estimates And Forecast By Type, 2017 - 2028 (USD Million)
- 30. France E-Scooter Sharing Market Estimates And Forecast By Distribution Channel, 2017 - 2028 (USD Million)
- 31. Asia Pacific E-Scooter Sharing Market Estimates And Forecast, 2017 - 2028 (USD Million)
- 32. Asia Pacific E-Scooter Sharing Market Estimates And Forecast By Type, 2017 - 2028 (USD Million)
- 33. Asia Pacific E-Scooter Sharing Market Estimates And Forecast By Distribution Channel, 2017 - 2028 (USD Million)
- 34. China E-Scooter Sharing Market Estimates And Forecast, 2017 - 2028 (USD Million)
- 35. China E-Scooter Sharing Market Estimates And Forecast By Type, 2017 - 2028 (USD Million)
- 36. China E-Scooter Sharing Market Estimates And Forecast By Distribution Channel, 2017 - 2028 (USD Million)
- 37. India E-Scooter Sharing Market Estimates And Forecast, 2017 - 2028 (USD Million)
- 38. India E-Scooter Sharing Market Estimates And Forecast By Type, 2017 - 2028 (USD Million)
- 39. India E-Scooter Sharing Market Estimates And Forecast By Distribution Channel, 2017 - 2028 (USD Million)
- 40. Japan E-Scooter Sharing Market Estimates And Forecast, 2017 - 2028 (USD Million)
- 41. Japan E-Scooter Sharing Market Estimates And Forecast By Type, 2017 - 2028 (USD Million)
- 42. Japan E-Scooter Sharing Market Estimates And Forecast By Distribution Channel, 2017 - 2028 (USD Million)
- 43. Central & South America E-Scooter Sharing Market Estimates And Forecast, 2017 - 2028 (USD Million)
- 44. Central & South America E-Scooter Sharing Market Estimates And Forecast By Type, 2017 - 2028 (USD Million)
- 45. Central & South America E-Scooter Sharing Market Estimates And Forecast By Distribution Channel, 2017 - 2028 (USD Million)
- 46. Brazil E-Scooter Sharing Market Estimates And Forecast, 2017 - 2028 (USD Million)
- 47. Brazil E-Scooter Sharing Market Estimates And Forecast By Type, 2017 - 2028 (USD Million)
- 48. Brazil E-Scooter Sharing Market Estimates And Forecast By Distribution Channel, 2017 - 2028 (USD Million)
- 49. Argentina E-Scooter Sharing Market Estimates And Forecast, 2017 - 2028 (USD Million)
- 50. Argentina E-Scooter Sharing Market Estimates And Forecast By Type, 2017 - 2028 (USD Million)
- 51. Argentina E-Scooter Sharing Market Estimates And Forecast By Distribution Channel, 2017 - 2028 (USD Million)
- 52. Middle East & Africa E-Scooter Sharing Market Estimates And Forecast, 2017 - 2028 (USD Million)
- 53. Middle East & Africa E-Scooter Sharing Market Estimates And Forecast By Type, 2017 - 2028 (USD Million)
- 54. Middle East & Africa E-Scooter Sharing Market Estimates And Forecast By Distribution Channel, 2017 - 2028 (USD Million)
- 55. Saudi Arabia E-Scooter Sharing Market Estimates And Forecast, 2017 - 2028 (USD Million)
- 56. Saudi Arabia E-Scooter Sharing Market Estimates And Forecast By Type, 2017 - 2028 (USD Million)
- 57. Saudi Arabia E-Scooter Sharing Market Estimates And Forecast By Distribution Channel, 2017 - 2028 (USD Million)
- 58. South Africa E-Scooter Sharing Market Estimates And Forecast, 2017 - 2028 (USD Million)
- 59. South Africa E-Scooter Sharing Market Estimates And Forecast By Type, 2017 - 2028 (USD Million)
- 60. South Africa E-Scooter Sharing Market Estimates And Forecast By Distribution Channel, 2017 - 2028 (USD Million)
- 61. Vendor Landscape
List of Figures
- 1. E-Scooter Sharing Market Snapshot
- 2. E-Scooter Sharing Market: Segmentation & Scope
- 3. E-Scooter Sharing Market: Penetration & Growth Prospect Mapping
- 4. E-Scooter Sharing Market: Value Chain Analysis
- 5. E-Scooter Sharing Market: Dynamics
- 6. E-Scooter Sharing Market: Porter's Analysis
- 7. E-Scooter Sharing Market: Type Movement Analysis
- 8. E-Scooter Sharing Market: Distribution Channel Analysis
- 9. E-Scooter Sharing Market: Regional Movement Analysis
