Electric Scooters Market - Size, Share & Trends Analysis Report ,By Type , By Battery Types , By Motor Type , By Battery Capacity , By Motor Power , By Geography – Global Opportunity Analysis & Industry Forecast, 2024 – 2030
Electric Scooters Market Overview:
Electric Scooters Market size is estimated to reach $16 billion by 2030, growing at a CAGR of 12% during the forecast period 2024 – 2030. Electric Scooterss are eco-friendly two-wheeled vehicles powered by electric motors and rechargeable batteries. They offer a convenient and sustainable mode of transportation for short urban commutes. With zero emissions, they contribute to reducing air pollution and noise levels in cities. Electric Scooterss are typically lightweight and compact, making them easy to maneuver through traffic and navigate tight spaces. They often have features like regenerative braking, which helps to extend their range by converting kinetic energy into stored electricity during deceleration (KERS). Many models offer impressive acceleration and top speeds suitable for city travel. Additionally, they require minimal maintenance compared to traditional gasoline-powered Scooterss, with fewer moving parts and no need for oil changes. As cities continue to prioritize sustainability and reduce reliance on fossil fuels, electric Scooterss are becoming increasingly popular as a clean and efficient transportation solution. For instance, in the United States, support for electric scooters and Scooterss often takes the shape of rebates or tax credits. These encouragements target both consumers and manufacturers, intending to accelerate the transition to electric transportation. Among these initiatives, the federal tax credit stands out, permitting consumers to receive a credit equivalent to 10% of the electric Scooters's cost, capped at $2,500. Also, European countries are encouraging the adoption of electric Scooterss by providing subsidies and incentives. In France, for example, the Bonus Ecologique program offers a rebate of up to 27% (capped at €900) on the purchase price of electric Scooterss, depending on their model and battery capacity. This initiative aims to make electric Scooterss more affordable and accessible to the general population.
Market Snapshot
Electric Scooters Market – Report Coverage:
The “Electric Scooters Market Report – Forecast (2024 – 2030)” by IndustryARC, covers an in-depth analysis of the following segments in the Electric Scooters Market.
Attribute | Segment |
---|---|
By Type |
|
By Battery Types |
|
By Motor Type |
|
By Battery Capacity |
|
By Motor Power |
|
By Geography |
|
COVID-19 / Ukraine Crisis – Impact Analysis:
- The COVID-19 pandemic initially disrupted the electric Scooters market, causing a decrease in sales due to economic uncertainty and restrictions on movement. However, as people sought safer and more sustainable transportation options, the market saw a resurgence with growing demand for personal electric vehicles. Essentially, the electric Scooters industry reacted positively to the COVID-19 pandemic.
- In Ukraine, the crisis heightened geopolitical tensions, impacting supply chains and causing fluctuations in market confidence. Uncertainty over trade routes and political instability have hindered market growth temporarily, but long-term prospects depend on stabilizing the situation and restoring consumer confidence in the region.
- Ukraine is a major exporter of raw materials and components used in various industries, including electronics and manufacturing. Disruptions to the supply chain originating from Ukraine has led to delays or shortages in the production of electric Scooterss and their components.
Key Takeaways:
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Asia-Pacific Region Dominates the Market
The Electric Scooters Market in 2023 was primarily led by the Asia Pacific region and is anticipated to maintain its dominance throughout the forecast period, boasting the largest market share. This trend is propelled by favorable government policies and regulations in the Asia Pacific, which are incentivizing the uptake of electric Scooterss. In 2023, the Indian government had introduced the Faster Adoption and Manufacturing of Electric Vehicles II (FAME-II) scheme to promote the use of electric vehicles. As part of this initiative, electric Scooterss buyers can receive a subsidy of up to ₹10,000, depending on the Scooters's battery capacity and model. This subsidy is automatically applied to the final purchase price when buying from authorized dealerships.
Notably, India, China, Japan, and South Korea stand out as significant markets for Electric Scooterss, buoyed by active government initiatives promoting the adoption of electric vehicles, including Scooterss, across the region.
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Urban Commuters Dominate the Market
The urban commuter type of Scooterss dominated the market, boasting a balance between performance, range and affordability. Designed for city commuting, these electric Scooterss often have sleek, contemporary designs, lightweight frames, and advanced features like regenerative braking, integrated lights, and digital displays. Their compact size makes them ideal for navigating through traffic and finding parking in crowded urban areas. For example, according to the World Bank, nearly 70% of world’s population will live in cities by 2050.
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Rising Fuel Costs Due to Supply Shortages Promote Market Growth
The surge in fuel costs over the last ten years has spurred an increase in the use of electric vehicles for daily commuting. This rise in fuel prices can be attributed to the escalating costs of crude oil, largely influenced by the Organization of the Petroleum Exporting Countries (OPEC). For instance, in 2023, a combination of heightened vehicle demand and supply shortages pushed average crude oil prices to $82.49 per barrel. Furthermore, projections suggest that prices will continue to climb due to limited crude oil reserves in the foreseeable future.
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Governments Promote the Use of Electric Vehicles
Governments worldwide are actively developing the charging infrastructure required for adopting electric Scooterss. In addition, the federations are offering overall cost benefits with respect to electric Scooterss by offering incentives, schemes, and subsidies. For example, California residents can take advantage of the Clean Vehicle Rebate Project, which provides rebates of up to $2,000 for eligible electric Scooterss depending on the Scooters’s battery capacity. Similarly, the UK offers the Plug-in Grant scheme, which can provide electric Scooters buyers with a maximum grant of £1,500 or 20% of the Scooters’s price, whichever is lower. As a result, consumers are more inclined toward the use of electric Scooterss considering the benefits and eco-friendly nature. Scooterss equipped with electric motors help in maintaining higher speed more effectively as well as make the ride more comfortable on rough roads.
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Limitations due to Battery Life
The electric Scooters market faces a critical constraint in battery technology. While advancements have boosted range and performance, limitations persist in energy density and charging time. Manufacturers strive to balance these factors to offer competitive products. Innovations like swappable batteries and fast-charging infrastructure aim to mitigate these constraints. However, continued research into battery efficiency and sustainable materials remains crucial to unlock the full potential of electric Scooterss and drive widespread adoption.
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Key Market Players:
Product/Service launches, approvals, patents and events, acquisitions, partnerships and collaborations are key strategies adopted by players in the Electric Scooters Market. The top 10 companies in this industry are listed below:
- NIU Technologies
- Yadea Group Holdings Ltd
- Ninebot Inc. (Segway)
- Silence
- Keeway
- Horwin
- Vmoto Soco Group (Super Soco)
- Piaggio & Co. SpA (Vespa)
- Honda Motor Co., Ltd.
- Yamaha Motor Co., Ltd.
Scope of Report
Report Metric | Details |
---|---|
Base Year Considered |
2023 |
Forecast Period |
2024-2030 |
CAGR |
12% |
Market Size in 2030 |
$ 16 billion |
Segments Covered |
Type, Battery Type, Motor Type, Battery Capacity, Motor Power and Region |
Regions Covered |
North America (USA, Canada, and Mexico), Europe (UK, Germany, France, Italy, Netherlands, Spain, Russia, Belgium, and Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Australia, and New Zealand, Indonesia, Taiwan, Malaysia, and Rest of APAC), South America (Brazil, Argentina, Colombia, Chile, and Rest of South America), and Rest of the World (Middle East, and Africa). |
Key Market Players |
|
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LIST OF TABLES
1.Global Electric Scooter Market-Product Segment Analysis Market 2023-2030 ($M)
1.1 Retro Market 2023-2030 ($M) - Global Industry Research
1.1.1 Retro Electric Scooter Market, 2030 Market 2023-2030 ($M)
1.2 Standing/Self-Balancing Market 2023-2030 ($M) - Global Industry Research
1.2.1 Standing/Self-Balancing Electric Scooter Market, 2030 Market 2023-2030 ($M)
1.3 Folding Market 2023-2030 ($M) - Global Industry Research
1.3.1 Folding Electric Scooter Market, 2030 Market 2023-2030 ($M)
2.Global Electric Scooter Market-Battery Segment Analysis Market 2023-2030 ($M)
2.1 Sealed Lead Acid Market 2023-2030 ($M) - Global Industry Research
2.1.1 Sealed Lead Acid Electric Scooter Market, 2030 Market 2023-2030 ($M)
2.2 Nimh Market 2023-2030 ($M) - Global Industry Research
2.2.1 Nimh Electric Scooter Market, 2030 Market 2023-2030 ($M)
2.3 Li-Ion Market 2023-2030 ($M) - Global Industry Research
2.3.1 Li-Ion Electric Scooter Market, 2030 Market 2023-2030 ($M)
3.Global Electric Scooter Market-Voltage Segment Analysis Market 2023-2030 ($M)
3.1 24V Market 2023-2030 ($M) - Global Industry Research
3.1.1 24V Electric Scooter Market, 2030 Market 2023-2030 ($M)
3.2 36V Market 2023-2030 ($M) - Global Industry Research
3.2.1 36V Electric Scooter Market, 2030 Market 2023-2030 ($M)
3.3 48V Market 2023-2030 ($M) - Global Industry Research
3.3.1 48V Electric Scooter Market, 2030 Market 2023-2030 ($M)
3.4 Greater Than 48V Market 2023-2030 ($M) - Global Industry Research
3.4.1 Greater Than 48V Electric Scooter Market, 2030 Market 2023-2030 ($M)
4.Global Electric Scooter Market-Product Segment Analysis Market 2023-2030 (Volume/Units)
4.1 Retro Market 2023-2030 (Volume/Units) - Global Industry Research
4.1.1 Retro Electric Scooter Market, 2030 Market 2023-2030 (Volume/Units)
4.2 Standing/Self-Balancing Market 2023-2030 (Volume/Units) - Global Industry Research
4.2.1 Standing/Self-Balancing Electric Scooter Market, 2030 Market 2023-2030 (Volume/Units)
4.3 Folding Market 2023-2030 (Volume/Units) - Global Industry Research
4.3.1 Folding Electric Scooter Market, 2030 Market 2023-2030 (Volume/Units)
5.Global Electric Scooter Market-Battery Segment Analysis Market 2023-2030 (Volume/Units)
5.1 Sealed Lead Acid Market 2023-2030 (Volume/Units) - Global Industry Research
5.1.1 Sealed Lead Acid Electric Scooter Market, 2030 Market 2023-2030 (Volume/Units)
5.2 Nimh Market 2023-2030 (Volume/Units) - Global Industry Research
5.2.1 Nimh Electric Scooter Market, 2030 Market 2023-2030 (Volume/Units)
5.3 Li-Ion Market 2023-2030 (Volume/Units) - Global Industry Research
5.3.1 Li-Ion Electric Scooter Market, 2030 Market 2023-2030 (Volume/Units)
6.Global Electric Scooter Market-Voltage Segment Analysis Market 2023-2030 (Volume/Units)
6.1 24V Market 2023-2030 (Volume/Units) - Global Industry Research
6.1.1 24V Electric Scooter Market, 2030 Market 2023-2030 (Volume/Units)
6.2 36V Market 2023-2030 (Volume/Units) - Global Industry Research
6.2.1 36V Electric Scooter Market, 2030 Market 2023-2030 (Volume/Units)
6.3 48V Market 2023-2030 (Volume/Units) - Global Industry Research
6.3.1 48V Electric Scooter Market, 2030 Market 2023-2030 (Volume/Units)
6.4 Greater Than 48V Market 2023-2030 (Volume/Units) - Global Industry Research
6.4.1 Greater Than 48V Electric Scooter Market, 2030 Market 2023-2030 (Volume/Units)
7.North America Electric Scooter Market-Product Segment Analysis Market 2023-2030 ($M)
7.1 Retro Market 2023-2030 ($M) - Regional Industry Research
7.1.1 Retro Electric Scooter Market, 2030 Market 2023-2030 ($M)
7.2 Standing/Self-Balancing Market 2023-2030 ($M) - Regional Industry Research
7.2.1 Standing/Self-Balancing Electric Scooter Market, 2030 Market 2023-2030 ($M)
7.3 Folding Market 2023-2030 ($M) - Regional Industry Research
7.3.1 Folding Electric Scooter Market, 2030 Market 2023-2030 ($M)
8.North America Electric Scooter Market-Battery Segment Analysis Market 2023-2030 ($M)
8.1 Sealed Lead Acid Market 2023-2030 ($M) - Regional Industry Research
8.1.1 Sealed Lead Acid Electric Scooter Market, 2030 Market 2023-2030 ($M)
8.2 Nimh Market 2023-2030 ($M) - Regional Industry Research
8.2.1 Nimh Electric Scooter Market, 2030 Market 2023-2030 ($M)
8.3 Li-Ion Market 2023-2030 ($M) - Regional Industry Research
8.3.1 Li-Ion Electric Scooter Market, 2030 Market 2023-2030 ($M)
9.North America Electric Scooter Market-Voltage Segment Analysis Market 2023-2030 ($M)
9.1 24V Market 2023-2030 ($M) - Regional Industry Research
9.1.1 24V Electric Scooter Market, 2030 Market 2023-2030 ($M)
9.2 36V Market 2023-2030 ($M) - Regional Industry Research
9.2.1 36V Electric Scooter Market, 2030 Market 2023-2030 ($M)
9.3 48V Market 2023-2030 ($M) - Regional Industry Research
9.3.1 48V Electric Scooter Market, 2030 Market 2023-2030 ($M)
9.4 Greater Than 48V Market 2023-2030 ($M) - Regional Industry Research
9.4.1 Greater Than 48V Electric Scooter Market, 2030 Market 2023-2030 ($M)
10.South America Electric Scooter Market-Product Segment Analysis Market 2023-2030 ($M)
10.1 Retro Market 2023-2030 ($M) - Regional Industry Research
10.1.1 Retro Electric Scooter Market, 2030 Market 2023-2030 ($M)
10.2 Standing/Self-Balancing Market 2023-2030 ($M) - Regional Industry Research
10.2.1 Standing/Self-Balancing Electric Scooter Market, 2030 Market 2023-2030 ($M)
10.3 Folding Market 2023-2030 ($M) - Regional Industry Research
10.3.1 Folding Electric Scooter Market, 2030 Market 2023-2030 ($M)
11.South America Electric Scooter Market-Battery Segment Analysis Market 2023-2030 ($M)
11.1 Sealed Lead Acid Market 2023-2030 ($M) - Regional Industry Research
11.1.1 Sealed Lead Acid Electric Scooter Market, 2030 Market 2023-2030 ($M)
11.2 Nimh Market 2023-2030 ($M) - Regional Industry Research
11.2.1 Nimh Electric Scooter Market, 2030 Market 2023-2030 ($M)
11.3 Li-Ion Market 2023-2030 ($M) - Regional Industry Research
11.3.1 Li-Ion Electric Scooter Market, 2030 Market 2023-2030 ($M)
12.South America Electric Scooter Market-Voltage Segment Analysis Market 2023-2030 ($M)
12.1 24V Market 2023-2030 ($M) - Regional Industry Research
12.1.1 24V Electric Scooter Market, 2030 Market 2023-2030 ($M)
12.2 36V Market 2023-2030 ($M) - Regional Industry Research
12.2.1 36V Electric Scooter Market, 2030 Market 2023-2030 ($M)
12.3 48V Market 2023-2030 ($M) - Regional Industry Research
12.3.1 48V Electric Scooter Market, 2030 Market 2023-2030 ($M)
12.4 Greater Than 48V Market 2023-2030 ($M) - Regional Industry Research
12.4.1 Greater Than 48V Electric Scooter Market, 2030 Market 2023-2030 ($M)
13.Europe Electric Scooter Market-Product Segment Analysis Market 2023-2030 ($M)
13.1 Retro Market 2023-2030 ($M) - Regional Industry Research
13.1.1 Retro Electric Scooter Market, 2030 Market 2023-2030 ($M)
13.2 Standing/Self-Balancing Market 2023-2030 ($M) - Regional Industry Research
13.2.1 Standing/Self-Balancing Electric Scooter Market, 2030 Market 2023-2030 ($M)
13.3 Folding Market 2023-2030 ($M) - Regional Industry Research
13.3.1 Folding Electric Scooter Market, 2030 Market 2023-2030 ($M)
14.Europe Electric Scooter Market-Battery Segment Analysis Market 2023-2030 ($M)
14.1 Sealed Lead Acid Market 2023-2030 ($M) - Regional Industry Research
14.1.1 Sealed Lead Acid Electric Scooter Market, 2030 Market 2023-2030 ($M)
14.2 Nimh Market 2023-2030 ($M) - Regional Industry Research
14.2.1 Nimh Electric Scooter Market, 2030 Market 2023-2030 ($M)
14.3 Li-Ion Market 2023-2030 ($M) - Regional Industry Research
14.3.1 Li-Ion Electric Scooter Market, 2030 Market 2023-2030 ($M)
15.Europe Electric Scooter Market-Voltage Segment Analysis Market 2023-2030 ($M)
15.1 24V Market 2023-2030 ($M) - Regional Industry Research
15.1.1 24V Electric Scooter Market, 2030 Market 2023-2030 ($M)
15.2 36V Market 2023-2030 ($M) - Regional Industry Research
15.2.1 36V Electric Scooter Market, 2030 Market 2023-2030 ($M)
15.3 48V Market 2023-2030 ($M) - Regional Industry Research
15.3.1 48V Electric Scooter Market, 2030 Market 2023-2030 ($M)
15.4 Greater Than 48V Market 2023-2030 ($M) - Regional Industry Research
15.4.1 Greater Than 48V Electric Scooter Market, 2030 Market 2023-2030 ($M)
16.APAC Electric Scooter Market-Product Segment Analysis Market 2023-2030 ($M)
16.1 Retro Market 2023-2030 ($M) - Regional Industry Research
16.1.1 Retro Electric Scooter Market, 2030 Market 2023-2030 ($M)
16.2 Standing/Self-Balancing Market 2023-2030 ($M) - Regional Industry Research
16.2.1 Standing/Self-Balancing Electric Scooter Market, 2030 Market 2023-2030 ($M)
16.3 Folding Market 2023-2030 ($M) - Regional Industry Research
16.3.1 Folding Electric Scooter Market, 2030 Market 2023-2030 ($M)
17.APAC Electric Scooter Market-Battery Segment Analysis Market 2023-2030 ($M)
17.1 Sealed Lead Acid Market 2023-2030 ($M) - Regional Industry Research
17.1.1 Sealed Lead Acid Electric Scooter Market, 2030 Market 2023-2030 ($M)
17.2 Nimh Market 2023-2030 ($M) - Regional Industry Research
17.2.1 Nimh Electric Scooter Market, 2030 Market 2023-2030 ($M)
17.3 Li-Ion Market 2023-2030 ($M) - Regional Industry Research
17.3.1 Li-Ion Electric Scooter Market, 2030 Market 2023-2030 ($M)
18.APAC Electric Scooter Market-Voltage Segment Analysis Market 2023-2030 ($M)
18.1 24V Market 2023-2030 ($M) - Regional Industry Research
18.1.1 24V Electric Scooter Market, 2030 Market 2023-2030 ($M)
18.2 36V Market 2023-2030 ($M) - Regional Industry Research
18.2.1 36V Electric Scooter Market, 2030 Market 2023-2030 ($M)
18.3 48V Market 2023-2030 ($M) - Regional Industry Research
18.3.1 48V Electric Scooter Market, 2030 Market 2023-2030 ($M)
18.4 Greater Than 48V Market 2023-2030 ($M) - Regional Industry Research
18.4.1 Greater Than 48V Electric Scooter Market, 2030 Market 2023-2030 ($M)
19.MENA Electric Scooter Market-Product Segment Analysis Market 2023-2030 ($M)
19.1 Retro Market 2023-2030 ($M) - Regional Industry Research
19.1.1 Retro Electric Scooter Market, 2030 Market 2023-2030 ($M)
19.2 Standing/Self-Balancing Market 2023-2030 ($M) - Regional Industry Research
19.2.1 Standing/Self-Balancing Electric Scooter Market, 2030 Market 2023-2030 ($M)
19.3 Folding Market 2023-2030 ($M) - Regional Industry Research
19.3.1 Folding Electric Scooter Market, 2030 Market 2023-2030 ($M)
20.MENA Electric Scooter Market-Battery Segment Analysis Market 2023-2030 ($M)
20.1 Sealed Lead Acid Market 2023-2030 ($M) - Regional Industry Research
20.1.1 Sealed Lead Acid Electric Scooter Market, 2030 Market 2023-2030 ($M)
20.2 Nimh Market 2023-2030 ($M) - Regional Industry Research
20.2.1 Nimh Electric Scooter Market, 2030 Market 2023-2030 ($M)
20.3 Li-Ion Market 2023-2030 ($M) - Regional Industry Research
20.3.1 Li-Ion Electric Scooter Market, 2030 Market 2023-2030 ($M)
21.MENA Electric Scooter Market-Voltage Segment Analysis Market 2023-2030 ($M)
21.1 24V Market 2023-2030 ($M) - Regional Industry Research
21.1.1 24V Electric Scooter Market, 2030 Market 2023-2030 ($M)
21.2 36V Market 2023-2030 ($M) - Regional Industry Research
21.2.1 36V Electric Scooter Market, 2030 Market 2023-2030 ($M)
21.3 48V Market 2023-2030 ($M) - Regional Industry Research
21.3.1 48V Electric Scooter Market, 2030 Market 2023-2030 ($M)
21.4 Greater Than 48V Market 2023-2030 ($M) - Regional Industry Research
21.4.1 Greater Than 48V Electric Scooter Market, 2030 Market 2023-2030 ($M)
LIST OF FIGURES
1.US Electric Scooters Market Revenue, 2023-2030 ($M)
2.Canada Electric Scooters Market Revenue, 2023-2030 ($M)
3.Mexico Electric Scooters Market Revenue, 2023-2030 ($M)
4.Brazil Electric Scooters Market Revenue, 2023-2030 ($M)
5.Argentina Electric Scooters Market Revenue, 2023-2030 ($M)
6.Peru Electric Scooters Market Revenue, 2023-2030 ($M)
7.Colombia Electric Scooters Market Revenue, 2023-2030 ($M)
8.Chile Electric Scooters Market Revenue, 2023-2030 ($M)
9.Rest of South America Electric Scooters Market Revenue, 2023-2030 ($M)
10.UK Electric Scooters Market Revenue, 2023-2030 ($M)
11.Germany Electric Scooters Market Revenue, 2023-2030 ($M)
12.France Electric Scooters Market Revenue, 2023-2030 ($M)
13.Italy Electric Scooters Market Revenue, 2023-2030 ($M)
14.Spain Electric Scooters Market Revenue, 2023-2030 ($M)
15.Rest of Europe Electric Scooters Market Revenue, 2023-2030 ($M)
16.China Electric Scooters Market Revenue, 2023-2030 ($M)
17.India Electric Scooters Market Revenue, 2023-2030 ($M)
18.Japan Electric Scooters Market Revenue, 2023-2030 ($M)
19.South Korea Electric Scooters Market Revenue, 2023-2030 ($M)
20.South Africa Electric Scooters Market Revenue, 2023-2030 ($M)
21.North America Electric Scooters By Application
22.South America Electric Scooters By Application
23.Europe Electric Scooters By Application
24.APAC Electric Scooters By Application
25.MENA Electric Scooters By Application
26.Allcell Technology Llc, Sales /Revenue, 2015-2018 ($Mn/$Bn)
27.Bmw Motorrad International, Sales /Revenue, 2015-2018 ($Mn/$Bn)
28.Boxx Corp, Sales /Revenue, 2015-2018 ($Mn/$Bn)
29.Gogoro, Inc, Sales /Revenue, 2015-2018 ($Mn/$Bn)
30.Green Energy Motor Corp, Sales /Revenue, 2015-2018 ($Mn/$Bn)
31.Greenwit Technology Inc, Sales /Revenue, 2015-2018 ($Mn/$Bn)
32.Honda Motor Co Ltd, Sales /Revenue, 2015-2018 ($Mn/$Bn)
33.Jiangsu Xinri E-Vehicle Co , Ltd, Sales /Revenue, 2015-2018 ($Mn/$Bn)
34.Ktm Ag, Sales /Revenue, 2015-2018 ($Mn/$Bn)
35.Mahindra Genze, Sales /Revenue, 2015-2018 ($Mn/$Bn)
36.Peugeot Scooter, Sales /Revenue, 2015-2018 ($Mn/$Bn)
37.Suzuki Motor Corporation, Sales /Revenue, 2015-2018 ($Mn/$Bn)
38.Terra Motor Corporation, Sales /Revenue, 2015-2018 ($Mn/$Bn)
39.Vmoto Limited, Sales /Revenue, 2015-2018 ($Mn/$Bn)
40.Yadea Technology Group Co , Ltd, Sales /Revenue, 2015-2018 ($Mn/$Bn)
41.Yamaha Motor Company Limited, Sales /Revenue, 2015-2018 ($Mn/$Bn)
42.Xiaomi, Sales /Revenue, 2015-2018 ($Mn/$Bn)
43.Ninebot Limited, Sales /Revenue, 2015-2018 ($Mn/$Bn)
44.Bird, Sales /Revenue, 2015-2018 ($Mn/$Bn)
45.Lime, Sales /Revenue, 2015-2018 ($Mn/$Bn)
46.Spin, Sales /Revenue, 2015-2018 ($Mn/$Bn)
The global Electric Scooters Marker is growing at a significant rate of 12% over the forecast period 2024 - 2030.
The global electric Scooters market is projected to reach $16 billion by 2030.
The leading players in the electric Scooters market are NIU Technologies, Yadea Group Holdings Ltd, Ninebot Inc. (Segway), Keeway, Vespa
One major trend in the electric Scooters market is the integration of advanced interconnectivity features.
Rising cost of fossil fuels is expected to drive the Electric Scooters Market growth during the forecast period.