Global Electric Kick Scooter Market 2024-2028
The electric kick scooter market is forecasted to grow by USD 2194.9 mn during 2023-2028, accelerating at a CAGR of 11.95% during the forecast period. The report on the electric kick scooter market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing incentives and subsidies by governments, rising awareness about the greenhouse gas (ghg) emissions from fuel-operated automobiles, and escalating demand for cost-effective and environment-friendly commute.
Technavio's electric kick scooter market is segmented as below:
By Variant
- 25v to 50v
- Less than 25v
- More than 50v
By Geographical Landscape
- Europe
- North America
- APAC
- South America
- Middle East and Africa
This study identifies the increasing popularity of electric kick scooter-sharing services as one of the prime reasons driving the electric kick scooter market growth during the next few years. Also, increasing investments in research and development (R&D) activities for introducing low-maintenance electric kick scooters and increasing disposable incomes will lead to sizable demand in the market.
The report on the electric kick scooter market covers the following areas:
- Electric kick scooter market sizing
- Electric kick scooter market forecast
- Electric kick scooter market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading electric kick scooter market vendors that include ABB Ltd., Ather Energy Pvt. Ltd., Bolzzen, CaliRides LLC, Evolve Skateboards Aus Pty Ltd., Maytech, Mellow Boards GmbH, NSK Ltd., QS MOTORS Ltd., Schneider Electric SE, Segway Inc., STEL LLC, UBOARD India, Xiaomi Communications Co. Ltd., Yuneec International Co. Ltd., and Zero Motorcycles Inc.. Also, the electric kick scooter market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.