PUBLISHER: Stratistics Market Research Consulting | PRODUCT CODE: 1447026
PUBLISHER: Stratistics Market Research Consulting | PRODUCT CODE: 1447026
Electric Kick Scooter Market Forecasts to 2030 - Global Analysis By Type (Off-Road, Foldable, All-Terrain, Three-Wheel and Other Types), Battery Type, Drive Type, End User and By Geography
According to Stratistics MRC, the Global Electric Kick Scooter Market is accounted for $4.9 billion in 2023 and is expected to reach $13.8 billion by 2030 growing at a CAGR of 15.7% during the forecast period. An electric kick scooter is a personal transportation device equipped with an electric motor, powered by rechargeable batteries. It typically features a foldable design for portability and is propelled by kicking off the ground, with the electric motor providing additional assistance or full propulsion. Electric kick scooters have gained popularity as an eco-friendly and convenient mode of urban transportation, especially for short distances and last-mile commuting. Users can control speed and braking through handlebar controls, making them a popular choice for urban commuters seeking an efficient and compact means of travel.
Market Dynamics:
Driver:
Surge in popularity of electric vehicles
The market has witnessed a remarkable surge in popularity, driven by the growing adoption of electric vehicles. Consumers are increasingly embracing the eco-friendly and convenient nature of electric kick scooters, contributing to a substantial market expansion. The shift towards sustainable transportation options, coupled with advancements in battery technology, has propelled the rise of electric kick scooters as a favored mode of urban commuting. Hence, these are the factors propelling the growth of the market.
Restraint:
Safety concerns
Incidents of accidents, often involving riders and pedestrians, raise questions about the overall safety of these vehicles. Factors such as inadequate infrastructure, lack of standardized safety regulations, and rider negligence contribute to the risks. Helmets are frequently overlooked, and riders may not adhere to speed limits, exacerbating the potential for accidents. These are the factors hindering the growth of the market.
Opportunity:
Rapid technological advancements
Integrations of advanced battery technologies, improved motor efficiency, and the development of smart connectivity features are driving this evolution. Additionally, lightweight materials, robust braking systems, and cutting-edge design enhancements contribute to the market's dynamic growth. These advancements aim to address consumer demands for sustainability, convenience, and enhanced functionality in urban mobility solutions, propelling the market into an era of heightened innovation and competitiveness.
Threat:
High maintenance and manufacturing expenses
The intricate design, incorporating advanced technology and quality materials, contributes to elevated production costs. Additionally, maintaining and repairing these scooters involve specialized skills and components, further escalating operational expenses. These financial barriers pose a significant hurdle for manufacturers and may impact the affordability and accessibility in the market.
Covid-19 Impact:
The COVID-19 pandemic significantly impacted the market, causing fluctuations in demand and supply chain disruptions. Lockdowns and social distancing measures led to a temporary decline in rider adoption, affecting sales. However, the pandemic also fueled interest in individual transportation solutions, boosting the market's recovery as people sought safer and more sustainable alternatives. Manufacturers adapted to evolving consumer needs, emphasizing hygiene features and convenient commuting options, contributing to a resilient recovery in the market post-pandemic.
The foldable segment is expected to be the largest during the forecast period
The foldable segment is expected to be the largest during the forecast period. With innovative designs, these scooters effortlessly fold into compact sizes, enhancing ease of storage and transport. This trend caters to urban dwellers seeking efficient last-mile transportation. Brands are competing to create sleek, lightweight, and durable foldable models, emphasizing user-friendly features. As urban mobility evolves, the foldable electric kick scooter segment is becoming a pivotal player, providing a practical and eco-friendly alternative for daily commuting needs.
The belt drive segment is expected to have the highest CAGR during the forecast period
The belt drive segment is expected to have the highest CAGR during the forecast period. Belt drive technology is gaining prominence in the Electric Kick Scooter market, offering a smoother and quieter riding experience. As an alternative to chain-driven systems, belt drives require less maintenance and reduce friction, contributing to increased efficiency. This innovation enhances the overall performance of electric scooters, attracting consumers seeking a hassle-free and silent commuting solution.
Region with largest share:
North America is projected to hold the largest market share during the forecast period. Key factors such as traffic congestion, environmental awareness, and last-mile connectivity are fueling the adoption of electric scooters. Regulatory frameworks and infrastructure development contribute to the market expansion, making electric kick scooters a popular choice for commuters seeking sustainable and efficient transportation options in the region.
Region with highest CAGR:
Asia Pacific is projected to hold the highest CAGR over the forecast period. With rising awareness about environmental concerns and the need for convenient last-mile commuting options, electric scooters have gained popularity. Government initiatives promoting clean energy and efficient mobility further contribute to market expansion. Key players are capitalizing on this trend by introducing innovative features and expanding their presence, making the market dynamic and promising.
Key players in the market
Some of the key players in Electric Kick Scooter market include YADEA Technology Group Co., Ltd., Bird Rides, Inc., Swagtron, Segway Inc., Jiangsu Xinri E-Vehicle Co. Ltd., NIU International, Xiaomi, Apollo Scooters, Razor USA LLC, Qiewa Electrics Scooter, Kaabo Scooter, Yamaha, Ather Energy, Mercane, NIU Technologies and GOTRAX.
Key Developments:
In October 2022, NIU released its newest kick scooter, the KQi3 Max. It provides maximum performance, comfort, and stability, with a top speed of 20 MPH and a range of 40.4 miles. The scooter, powered by a 40V lithium-ion battery, has four custom riding modes: E-Save, Sport, Pedestrian, and Custom.
In September 2022, GOTRAX, an electric mobility company based in the U.S., added over 130 dealers and new B2B partners to distribute the company's electric scooters in the U.S. The company intends to expand its dealership program across the country by providing e-bikes for children and adults at special discounted rates to state dealers.
Types Covered:
- Off-Road
- Foldable
- All-Terrain
- Three-Wheel
- Other Types
Battery Types Covered:
- Lithium Ion (Li-Ion)
- Sealed Lead Acid (SLA)
- Other Battery Types
Drive Types Covered:
- Chain Drive
- Belt Drive
- Hub Drive
End Users Covered:
- Commercial
- Personal
- Other End Users
Regions Covered:
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- Italy
- France
- Spain
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia
- New Zealand
- South Korea
- Rest of Asia Pacific
- South America
- Argentina
- Brazil
- Chile
- Rest of South America
- Middle East & Africa
- Saudi Arabia
- UAE
- Qatar
- South Africa
- Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2021, 2022, 2023, 2026, and 2030
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
- Company Profiling
- Comprehensive profiling of additional market players (up to 3)
- SWOT Analysis of key players (up to 3)
- Regional Segmentation
- Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
- Competitive Benchmarking
- Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
- 2.1 Abstract
- 2.2 Stake Holders
- 2.3 Research Scope
- 2.4 Research Methodology
- 2.4.1 Data Mining
- 2.4.2 Data Analysis
- 2.4.3 Data Validation
- 2.4.4 Research Approach
- 2.5 Research Sources
- 2.5.1 Primary Research Sources
- 2.5.2 Secondary Research Sources
- 2.5.3 Assumptions
3 Market Trend Analysis
- 3.1 Introduction
- 3.2 Drivers
- 3.3 Restraints
- 3.4 Opportunities
- 3.5 Threats
- 3.6 End User Analysis
- 3.7 Emerging Markets
- 3.8 Impact of Covid-19
4 Porters Five Force Analysis
- 4.1 Bargaining power of suppliers
- 4.2 Bargaining power of buyers
- 4.3 Threat of substitutes
- 4.4 Threat of new entrants
- 4.5 Competitive rivalry
5 Global Electric Kick Scooter Market, By Type
- 5.1 Introduction
- 5.2 Off-Road
- 5.3 Foldable
- 5.4 All-Terrain
- 5.5 Three-Wheel
- 5.6 Other Types
6 Global Electric Kick Scooter Market, By Battery Type
- 6.1 Introduction
- 6.2 Lithium Ion (Li-Ion)
- 6.3 Sealed Lead Acid (SLA)
- 6.4 Other Battery Types
7 Global Electric Kick Scooter Market, By Drive Type
- 7.1 Introduction
- 7.2 Chain Drive
- 7.3 Belt Drive
- 7.4 Hub Drive
8 Global Electric Kick Scooter Market, By End User
- 8.1 Introduction
- 8.2 Commercial
- 8.3 Personal
- 8.4 Other End Users
9 Global Electric Kick Scooter Market, By Geography
- 9.1 Introduction
- 9.2 North America
- 9.2.1 US
- 9.2.2 Canada
- 9.2.3 Mexico
- 9.3 Europe
- 9.3.1 Germany
- 9.3.2 UK
- 9.3.3 Italy
- 9.3.4 France
- 9.3.5 Spain
- 9.3.6 Rest of Europe
- 9.4 Asia Pacific
- 9.4.1 Japan
- 9.4.2 China
- 9.4.3 India
- 9.4.4 Australia
- 9.4.5 New Zealand
- 9.4.6 South Korea
- 9.4.7 Rest of Asia Pacific
- 9.5 South America
- 9.5.1 Argentina
- 9.5.2 Brazil
- 9.5.3 Chile
- 9.5.4 Rest of South America
- 9.6 Middle East & Africa
- 9.6.1 Saudi Arabia
- 9.6.2 UAE
- 9.6.3 Qatar
- 9.6.4 South Africa
- 9.6.5 Rest of Middle East & Africa
10 Key Developments
- 10.1 Agreements, Partnerships, Collaborations and Joint Ventures
- 10.2 Acquisitions & Mergers
- 10.3 New Product Launch
- 10.4 Expansions
- 10.5 Other Key Strategies
11 Company Profiling
- 11.1 YADEA Technology Group Co., Ltd.
- 11.2 Bird Rides, Inc.
- 11.3 Swagtron
- 11.4 Segway Inc.
- 11.5 Jiangsu Xinri E-Vehicle Co. Ltd.
- 11.6 NIU International
- 11.7 Xiaomi
- 11.8 Apollo Scooters
- 11.9 Razor USA LLC
- 11.10 Qiewa Electrics Scooter
- 11.11 Kaabo Scooter
- 11.12 Yamaha
- 11.13 Ather Energy
- 11.14 Mercane
- 11.15 NIU Technologies
- 11.16 GOTRAX
List of Tables
- Table 1 Global Electric Kick Scooter Market Outlook, By Region (2021-2030) ($MN)
- Table 2 Global Electric Kick Scooter Market Outlook, By Type (2021-2030) ($MN)
- Table 3 Global Electric Kick Scooter Market Outlook, By Off-Road (2021-2030) ($MN)
- Table 4 Global Electric Kick Scooter Market Outlook, By Foldable (2021-2030) ($MN)
- Table 5 Global Electric Kick Scooter Market Outlook, By All-Terrain (2021-2030) ($MN)
- Table 6 Global Electric Kick Scooter Market Outlook, By Three-Wheel (2021-2030) ($MN)
- Table 7 Global Electric Kick Scooter Market Outlook, By Other Types (2021-2030) ($MN)
- Table 8 Global Electric Kick Scooter Market Outlook, By Battery Type (2021-2030) ($MN)
- Table 9 Global Electric Kick Scooter Market Outlook, By Lithium Ion (Li-Ion) (2021-2030) ($MN)
- Table 10 Global Electric Kick Scooter Market Outlook, By Sealed Lead Acid (SLA) (2021-2030) ($MN)
- Table 11 Global Electric Kick Scooter Market Outlook, By Other Battery Types (2021-2030) ($MN)
- Table 12 Global Electric Kick Scooter Market Outlook, By Drive Type (2021-2030) ($MN)
- Table 13 Global Electric Kick Scooter Market Outlook, By Chain Drive (2021-2030) ($MN)
- Table 14 Global Electric Kick Scooter Market Outlook, By Belt Drive (2021-2030) ($MN)
- Table 15 Global Electric Kick Scooter Market Outlook, By Hub Drive (2021-2030) ($MN)
- Table 16 Global Electric Kick Scooter Market Outlook, By End User (2021-2030) ($MN)
- Table 17 Global Electric Kick Scooter Market Outlook, By Commercial (2021-2030) ($MN)
- Table 18 Global Electric Kick Scooter Market Outlook, By Personal (2021-2030) ($MN)
- Table 19 Global Electric Kick Scooter Market Outlook, By Other End Users (2021-2030) ($MN)
- Table 20 North America Electric Kick Scooter Market Outlook, By Country (2021-2030) ($MN)
- Table 21 North America Electric Kick Scooter Market Outlook, By Type (2021-2030) ($MN)
- Table 22 North America Electric Kick Scooter Market Outlook, By Off-Road (2021-2030) ($MN)
- Table 23 North America Electric Kick Scooter Market Outlook, By Foldable (2021-2030) ($MN)
- Table 24 North America Electric Kick Scooter Market Outlook, By All-Terrain (2021-2030) ($MN)
- Table 25 North America Electric Kick Scooter Market Outlook, By Three-Wheel (2021-2030) ($MN)
- Table 26 North America Electric Kick Scooter Market Outlook, By Other Types (2021-2030) ($MN)
- Table 27 North America Electric Kick Scooter Market Outlook, By Battery Type (2021-2030) ($MN)
- Table 28 North America Electric Kick Scooter Market Outlook, By Lithium Ion (Li-Ion) (2021-2030) ($MN)
- Table 29 North America Electric Kick Scooter Market Outlook, By Sealed Lead Acid (SLA) (2021-2030) ($MN)
- Table 30 North America Electric Kick Scooter Market Outlook, By Other Battery Types (2021-2030) ($MN)
- Table 31 North America Electric Kick Scooter Market Outlook, By Drive Type (2021-2030) ($MN)
- Table 32 North America Electric Kick Scooter Market Outlook, By Chain Drive (2021-2030) ($MN)
- Table 33 North America Electric Kick Scooter Market Outlook, By Belt Drive (2021-2030) ($MN)
- Table 34 North America Electric Kick Scooter Market Outlook, By Hub Drive (2021-2030) ($MN)
- Table 35 North America Electric Kick Scooter Market Outlook, By End User (2021-2030) ($MN)
- Table 36 North America Electric Kick Scooter Market Outlook, By Commercial (2021-2030) ($MN)
- Table 37 North America Electric Kick Scooter Market Outlook, By Personal (2021-2030) ($MN)
- Table 38 North America Electric Kick Scooter Market Outlook, By Other End Users (2021-2030) ($MN)
- Table 39 Europe Electric Kick Scooter Market Outlook, By Country (2021-2030) ($MN)
- Table 40 Europe Electric Kick Scooter Market Outlook, By Type (2021-2030) ($MN)
- Table 41 Europe Electric Kick Scooter Market Outlook, By Off-Road (2021-2030) ($MN)
- Table 42 Europe Electric Kick Scooter Market Outlook, By Foldable (2021-2030) ($MN)
- Table 43 Europe Electric Kick Scooter Market Outlook, By All-Terrain (2021-2030) ($MN)
- Table 44 Europe Electric Kick Scooter Market Outlook, By Three-Wheel (2021-2030) ($MN)
- Table 45 Europe Electric Kick Scooter Market Outlook, By Other Types (2021-2030) ($MN)
- Table 46 Europe Electric Kick Scooter Market Outlook, By Battery Type (2021-2030) ($MN)
- Table 47 Europe Electric Kick Scooter Market Outlook, By Lithium Ion (Li-Ion) (2021-2030) ($MN)
- Table 48 Europe Electric Kick Scooter Market Outlook, By Sealed Lead Acid (SLA) (2021-2030) ($MN)
- Table 49 Europe Electric Kick Scooter Market Outlook, By Other Battery Types (2021-2030) ($MN)
- Table 50 Europe Electric Kick Scooter Market Outlook, By Drive Type (2021-2030) ($MN)
- Table 51 Europe Electric Kick Scooter Market Outlook, By Chain Drive (2021-2030) ($MN)
- Table 52 Europe Electric Kick Scooter Market Outlook, By Belt Drive (2021-2030) ($MN)
- Table 53 Europe Electric Kick Scooter Market Outlook, By Hub Drive (2021-2030) ($MN)
- Table 54 Europe Electric Kick Scooter Market Outlook, By End User (2021-2030) ($MN)
- Table 55 Europe Electric Kick Scooter Market Outlook, By Commercial (2021-2030) ($MN)
- Table 56 Europe Electric Kick Scooter Market Outlook, By Personal (2021-2030) ($MN)
- Table 57 Europe Electric Kick Scooter Market Outlook, By Other End Users (2021-2030) ($MN)
- Table 58 Asia Pacific Electric Kick Scooter Market Outlook, By Country (2021-2030) ($MN)
- Table 59 Asia Pacific Electric Kick Scooter Market Outlook, By Type (2021-2030) ($MN)
- Table 60 Asia Pacific Electric Kick Scooter Market Outlook, By Off-Road (2021-2030) ($MN)
- Table 61 Asia Pacific Electric Kick Scooter Market Outlook, By Foldable (2021-2030) ($MN)
- Table 62 Asia Pacific Electric Kick Scooter Market Outlook, By All-Terrain (2021-2030) ($MN)
- Table 63 Asia Pacific Electric Kick Scooter Market Outlook, By Three-Wheel (2021-2030) ($MN)
- Table 64 Asia Pacific Electric Kick Scooter Market Outlook, By Other Types (2021-2030) ($MN)
- Table 65 Asia Pacific Electric Kick Scooter Market Outlook, By Battery Type (2021-2030) ($MN)
- Table 66 Asia Pacific Electric Kick Scooter Market Outlook, By Lithium Ion (Li-Ion) (2021-2030) ($MN)
- Table 67 Asia Pacific Electric Kick Scooter Market Outlook, By Sealed Lead Acid (SLA) (2021-2030) ($MN)
- Table 68 Asia Pacific Electric Kick Scooter Market Outlook, By Other Battery Types (2021-2030) ($MN)
- Table 69 Asia Pacific Electric Kick Scooter Market Outlook, By Drive Type (2021-2030) ($MN)
- Table 70 Asia Pacific Electric Kick Scooter Market Outlook, By Chain Drive (2021-2030) ($MN)
- Table 71 Asia Pacific Electric Kick Scooter Market Outlook, By Belt Drive (2021-2030) ($MN)
- Table 72 Asia Pacific Electric Kick Scooter Market Outlook, By Hub Drive (2021-2030) ($MN)
- Table 73 Asia Pacific Electric Kick Scooter Market Outlook, By End User (2021-2030) ($MN)
- Table 74 Asia Pacific Electric Kick Scooter Market Outlook, By Commercial (2021-2030) ($MN)
- Table 75 Asia Pacific Electric Kick Scooter Market Outlook, By Personal (2021-2030) ($MN)
- Table 76 Asia Pacific Electric Kick Scooter Market Outlook, By Other End Users (2021-2030) ($MN)
- Table 77 South America Electric Kick Scooter Market Outlook, By Country (2021-2030) ($MN)
- Table 78 South America Electric Kick Scooter Market Outlook, By Type (2021-2030) ($MN)
- Table 79 South America Electric Kick Scooter Market Outlook, By Off-Road (2021-2030) ($MN)
- Table 80 South America Electric Kick Scooter Market Outlook, By Foldable (2021-2030) ($MN)
- Table 81 South America Electric Kick Scooter Market Outlook, By All-Terrain (2021-2030) ($MN)
- Table 82 South America Electric Kick Scooter Market Outlook, By Three-Wheel (2021-2030) ($MN)
- Table 83 South America Electric Kick Scooter Market Outlook, By Other Types (2021-2030) ($MN)
- Table 84 South America Electric Kick Scooter Market Outlook, By Battery Type (2021-2030) ($MN)
- Table 85 South America Electric Kick Scooter Market Outlook, By Lithium Ion (Li-Ion) (2021-2030) ($MN)
- Table 86 South America Electric Kick Scooter Market Outlook, By Sealed Lead Acid (SLA) (2021-2030) ($MN)
- Table 87 South America Electric Kick Scooter Market Outlook, By Other Battery Types (2021-2030) ($MN)
- Table 88 South America Electric Kick Scooter Market Outlook, By Drive Type (2021-2030) ($MN)
- Table 89 South America Electric Kick Scooter Market Outlook, By Chain Drive (2021-2030) ($MN)
- Table 90 South America Electric Kick Scooter Market Outlook, By Belt Drive (2021-2030) ($MN)
- Table 91 South America Electric Kick Scooter Market Outlook, By Hub Drive (2021-2030) ($MN)
- Table 92 South America Electric Kick Scooter Market Outlook, By End User (2021-2030) ($MN)
- Table 93 South America Electric Kick Scooter Market Outlook, By Commercial (2021-2030) ($MN)
- Table 94 South America Electric Kick Scooter Market Outlook, By Personal (2021-2030) ($MN)
- Table 95 South America Electric Kick Scooter Market Outlook, By Other End Users (2021-2030) ($MN)
- Table 96 Middle East & Africa Electric Kick Scooter Market Outlook, By Country (2021-2030) ($MN)
- Table 97 Middle East & Africa Electric Kick Scooter Market Outlook, By Type (2021-2030) ($MN)
- Table 98 Middle East & Africa Electric Kick Scooter Market Outlook, By Off-Road (2021-2030) ($MN)
- Table 99 Middle East & Africa Electric Kick Scooter Market Outlook, By Foldable (2021-2030) ($MN)
- Table 100 Middle East & Africa Electric Kick Scooter Market Outlook, By All-Terrain (2021-2030) ($MN)
- Table 101 Middle East & Africa Electric Kick Scooter Market Outlook, By Three-Wheel (2021-2030) ($MN)
- Table 102 Middle East & Africa Electric Kick Scooter Market Outlook, By Other Types (2021-2030) ($MN)
- Table 103 Middle East & Africa Electric Kick Scooter Market Outlook, By Battery Type (2021-2030) ($MN)
- Table 104 Middle East & Africa Electric Kick Scooter Market Outlook, By Lithium Ion (Li-Ion) (2021-2030) ($MN)
- Table 105 Middle East & Africa Electric Kick Scooter Market Outlook, By Sealed Lead Acid (SLA) (2021-2030) ($MN)
- Table 106 Middle East & Africa Electric Kick Scooter Market Outlook, By Other Battery Types (2021-2030) ($MN)
- Table 107 Middle East & Africa Electric Kick Scooter Market Outlook, By Drive Type (2021-2030) ($MN)
- Table 108 Middle East & Africa Electric Kick Scooter Market Outlook, By Chain Drive (2021-2030) ($MN)
- Table 109 Middle East & Africa Electric Kick Scooter Market Outlook, By Belt Drive (2021-2030) ($MN)
- Table 110 Middle East & Africa Electric Kick Scooter Market Outlook, By Hub Drive (2021-2030) ($MN)
- Table 111 Middle East & Africa Electric Kick Scooter Market Outlook, By End User (2021-2030) ($MN)
- Table 112 Middle East & Africa Electric Kick Scooter Market Outlook, By Commercial (2021-2030) ($MN)
- Table 113 Middle East & Africa Electric Kick Scooter Market Outlook, By Personal (2021-2030) ($MN)
- Table 114 Middle East & Africa Electric Kick Scooter Market Outlook, By Other End Users (2021-2030) ($MN)
