Electric Kick Scooter Market Report: Trends, Forecast and Competitive Analysis to 2030

Electric Kick Scooter Market Report: Trends, Forecast and Competitive Analysis to 2030

Electric Kick Scooter Trends and Forecast

The future of the global electric kick scooter market looks promising with opportunities in the personal and commercial markets. The global electric kick scooter market is expected to reach an estimated $6.2 billion by 2030 with a CAGR of 11.5% from 2024 to 2030. The major drivers for this market are enhancing infrastructure investment for cycling infrastructure in emerging economies worldwide, growing recognition of eco-conscious transportation options, and increasing penetration of advanced technologies in e-scooter industry.

A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.

Electric Kick Scooter by Segment

The study includes a forecast for the global electric kick scooter by battery type, voltage, end use industry, and region.

Electric Kick Scooter Market by Battery Type [Shipment Analysis by Value from 2018 to 2030]:

• Sealed Lead Acid (SLA)
• Lithium-Ion (Li-Ion)
• Others

Electric Kick Scooter Market by Voltage [Shipment Analysis by Value from 2018 to 2030]:

• Less Than 25V
• 25V To 50V
• More Than 50V

Electric Kick Scooter Market by End Use Industry [Shipment Analysis by Value from 2018 to 2030]:

• Personal
• Commercial

Electric Kick Scooter Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Electric Kick Scooter Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies electric kick scooter companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the electric kick scooter companies profiled in this report include-

• Segway
• NIU International
• Bird Rides
• SWAGTRON
• SEGWAY
• Xiaomi
• Razor USA

Electric Kick Scooter Market Insights

Lucintel forecasts that lithium-ion (Li-Ion) will remain the higher growing segment over the forecast period because of its superior performance and environmental benefits of the batteries along with ongoing advancements in battery technology that will enhance the Li-Ion batteries' storage capacity and lower their overall cost.

Within this market, personal vehicles will remain the larger segment over the forecast period due to widespread acceptance among both children and adults along with increasing focus of manufacturers on enhancing component efficiency.

North America will remain the highest growing region over the forecast period due to growing interest in sustainable travel choices and rapid expansion of charging infrastructure, as well as, increasing consumer consciousness and willingness to reduce carbon footprints, including the adoption of electric scooter fleets to replace traditional ones.

Features of the Global Electric Kick Scooter Market

Market Size Estimates: Electric kick scooter market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Electric kick scooter market size by battery type, voltage, end use industry, and region in terms of value ($B).

Regional Analysis: Electric kick scooter market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different battery types, voltages, end use industries, and regions for the electric kick scooter market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the electric kick scooter market.

Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQ

Q.1 What is the electric kick scooter market size?

Answer: The global electric kick scooter market is expected to reach an estimated $6.2 billion by 2030.

Q.2 What is the growth forecast for electric kick scooter market?

Answer: The global electric kick scooter market is expected to grow with a CAGR of 11.5% from 2024 to 2030.

Q.3 What are the major drivers influencing the growth of the electric kick scooter market?

Answer: The major drivers for this market are enhancing infrastructure investment for cycling infrastructure in emerging economies worldwide, growing recognition of eco-conscious transportation options, and increasing penetration of advanced technologies in e-scooter industry.

Q4. What are the major segments for electric kick scooter market?

Answer: The future of the electric kick scooter market looks promising with opportunities in the personal and commercial markets.

Q5. Who are the key electric kick scooter market companies?

Answer: Some of the key electric kick scooter companies are as follows:

• Segway
• NIU International
• Bird Rides
• SWAGTRON
• SEGWAY
• Xiaomi
• Razor USA

Q6. Which electric kick scooter market segment will be the largest in future?

Answer: Lucintel forecasts that lithium-ion (Li-Ion) will remain the higher growing segment over the forecast period because of its superior performance and environmental benefits of the batteries along with ongoing advancements in battery technology that will enhance the Li-Ion batteries' storage capacity and lower their overall cost.

Q7. In electric kick scooter market, which region is expected to be the largest in next 5 years?

Answer: North America will remain the highest growing region over the forecast period due to growing interest in sustainable travel choices and rapid expansion of charging infrastructure, as well as, increasing consumer consciousness and willingness to reduce carbon footprints, including the adoption of electric scooter fleets to replace traditional ones.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

Q.1. What are some of the most promising, high-growth opportunities for the electric kick scooter market by battery type (sealed lead acid (SLA), lithium-ion (Li-Ion), and others), voltage (less than 25V, 25V to 50V, and more than 50V), end use industry (personal and commercial), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2. Which segments will grow at a faster pace and why?

Q.3. Which region will grow at a faster pace and why?

Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?

Q.5. What are the business risks and competitive threats in this market?

Q.6. What are the emerging trends in this market and the reasons behind them?

Q.7. What are some of the changing demands of customers in the market?

Q.8. What are the new developments in the market? Which companies are leading these developments?

Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?

Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?

Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?

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