Electric Kick Scooter Market Size - By Type (Foldable Kick Scooters, Off-Road Kick Scooters, All-Terrain Kick Scooters, Three-Wheel Kick Scooters), By Battery (Sealed Lead Acid (SLA), Li-ion), By Power, By End Use & Forecast, 2024 - 2032
Electric Kick Scooter Market Size - By Type (Foldable Kick Scooters, Off-Road Kick Scooters, All-Terrain Kick Scooters, Three-Wheel Kick Scooters), By Battery (Sealed Lead Acid (SLA), Li-ion), By Power, By End Use & Forecast, 2024 - 2032
Global Electric Kick Scooter Market will witness over 10% CAGR between 2024 and 2032, propelled by the proliferation of new product launches and a growing emphasis on sustainability. As urbanization accelerates and concerns about environmental impact escalate, consumers are increasingly turning to electric scooters as a convenient and eco-friendly mode of transportation. For instance, in April 2024, Swifty Scooters, an independent British manufacturer, introduced an innovative product that represents a major milestone in the history of British transportation. The Swifty GO GT500 achieved a significant feat by becoming the inaugural electric scooter to obtain official authorization for road usage in the UK.
Market players are responding to this trend by introducing innovative features, such as longer battery life and enhanced safety measures, to attract environmentally-conscious consumers. Moreover, governments and city planners are promoting electric scooters as part of their sustainable mobility initiatives, further driving market growth. With a focus on reducing carbon emissions and alleviating traffic congestion, the Electric Kick Scooter market is poised for continued expansion in the foreseeable future.
The overall Electric Kick Scooter Industry is classified based on the type, battery, power, end-use, and region.
The off-road kick scooters segment will undergo rigorous development from 2024 to 2032. These rugged and durable scooters cater to adventurous riders seeking to explore various terrains beyond traditional city streets. With robust construction, enhanced suspension systems, and all-terrain tires, off-road kick scooters offer versatility and excitement for outdoor enthusiasts. As consumers increasingly embrace outdoor recreational activities and seek new experiences, the demand for off-road electric kick scooters continues to rise. Manufacturers are responding by introducing innovative designs and features to meet the evolving needs of adventure-seeking riders, driving market growth in this segment.
The electric kick scooter market share from the commercial segment will register a notable CAGR from 2024 to 2032. From ride-sharing companies to delivery services and campus mobility solutions, commercial entities are leveraging electric scooters for efficient and eco-friendly transportation. These businesses recognize the benefits of electric scooters in reducing congestion, lowering emissions, and improving last-mile connectivity. With the increasing adoption of micromobility solutions in urban environments, the demand for electric kick scooters from commercial end-users continues to grow. Manufacturers are responding by offering customizable options and fleet management solutions to meet the diverse needs of businesses.
Europe electric kick scooter market will showcase a commendable CAGR from 2024 to 2032. With a focus on sustainability and urban mobility, European countries are witnessing a rapid adoption of electric scooters as an alternative mode of transportation. The region's well-developed infrastructure and supportive regulatory environment further contribute to market growth. In addition, initiatives promoting green transportation and reducing traffic congestion fuel the demand for electric kick scooters in Europe. As consumers embrace micromobility solutions for short-distance travel, the Electric Kick Scooter market in Europe continues to expand, offering manufacturers ample opportunities for growth and innovation. For instance, in January 2024, Tier Mobility and Dott, two electric kick-scooter rental companies, were in discussions to merge. Both firms reached a preliminary agreement regarding the merger, with plans to establish a joint venture headquartered in Berlin.