Electric Scooter Global Market Insights 2025, Analysis and Forecast to 2030, by Manufacturers, Regions, Technology, Product Type

Electric Scooter Market Overview

The global electric scooter market is poised for significant growth from 2025 to 2030, driven by increasing urbanization, rising environmental concerns, and advancements in battery technology. Electric scooters are becoming a preferred mode of transportation due to their cost-effectiveness, low maintenance, and eco-friendly nature. The market is expected to grow at a compound annual growth rate (CAGR) of 7.5%-9.2% during the forecast period, reaching a market size of $30.5 billion to $35.8 billion by 2030.

Market Size and Share Analysis

The electric scooter market is segmented by product type, including lithium battery scooters and lead-acid battery scooters. Lithium battery scooters dominate the market with a share of 65%-70% in 2025, owing to their longer lifespan, lightweight design, and higher efficiency. Lead-acid battery scooters, although cheaper, are expected to witness a decline in market share due to their heavier weight and lower energy density.

By Product Type

• Lithium Battery Scooters: Market share of 65%-70% in 2025, growing at a CAGR of 8.5%-10%.
• Lead-acid Battery Scooters: Market share of 30%-35% in 2025, growing at a slower CAGR of 4%-5.5%.

By Key Players

The electric scooter market is highly competitive, with key players such as Honda, Yamaha, Suzuki, Unu, Govecs, BMW, TVS Motor, Piaggio, Jiangsu Niu, AIMA Technology, Zhejiang Luyuan, Jiangshu Xinri, Loncin, Zongshen, Yadea, Lifan, Bashan, and Fekon. These companies are focusing on innovation, strategic partnerships, and expanding their product portfolios to capture a larger market share.

Market Trends

The electric scooter market is witnessing several trends that are shaping its growth:

• Increasing Adoption of Smart Features: Electric scooters are increasingly equipped with smart features such as GPS navigation, mobile app connectivity, and anti-theft systems, enhancing user experience.
• Rising Demand for Shared Mobility: The growing popularity of shared mobility services is driving the demand for electric scooters, particularly in urban areas.
• Government Incentives and Policies: Governments worldwide are offering incentives and subsidies to promote the adoption of electric vehicles, including electric scooters.

Market Segmentation

By Application

Electric scooters are widely used for personal and commercial purposes. The personal use segment holds the largest market share of 75%-80% in 2025, driven by the increasing demand for convenient and eco-friendly transportation solutions. The commercial use segment, including delivery services and shared mobility, is expected to grow at a CAGR of 9%-11% during the forecast period.

By End-Use

The end-use segment includes individual consumers and businesses. Individual consumers account for the majority of the market share, with a growing trend towards electric scooters for daily commuting. Businesses are increasingly adopting electric scooters for last-mile delivery and shared mobility services.

By Region

The electric scooter market is segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. Asia-Pacific dominates the market with a share of 55%-60% in 2025, driven by the high population density, rapid urbanization, and supportive government policies in countries like China and India. Europe and North America are also significant markets, with growing adoption of electric scooters for urban commuting.

Market News on Policy and Companies

Several policies and company developments are influencing the electric scooter market:

• Government Policies: Governments in Europe and Asia are implementing stringent emission regulations and offering subsidies for electric vehicle adoption. For instance, the European Union has set a target to reduce CO2 emissions by 55% by 2030, driving the demand for electric scooters.
• Company Developments: Key players are investing in research and development to introduce advanced electric scooters. For example, Honda recently launched a new electric scooter model with a range of 100 kilometers on a single charge, targeting urban commuters.
• Partnerships and Collaborations: Companies are forming strategic partnerships to expand their market presence. BMW and TVS Motor have collaborated to develop electric scooters for the Indian market, leveraging BMW's technology and TVS's distribution network.

Segment Forecasts (2025 - 2030)

The electric scooter market is expected to witness robust growth across all segments during the forecast period:

• Lithium Battery Scooters: Expected to grow at a CAGR of 8.5%-10%, driven by advancements in battery technology and increasing demand for high-performance scooters.
• Lead-acid Battery Scooters: Expected to grow at a slower CAGR of 4%-5.5%, with a declining market share due to the shift towards lithium battery scooters.
• Personal Use Segment: Expected to grow at a CAGR of 7%-8.5%, driven by the increasing adoption of electric scooters for daily commuting.
• Commercial Use Segment: Expected to grow at a CAGR of 9%-11%, driven by the rising demand for electric scooters in delivery services and shared mobility.
• Asia-Pacific Region: Expected to maintain its dominance with a CAGR of 8%-9.5%, driven by rapid urbanization and supportive government policies.

Conclusion

The global electric scooter market is set to experience significant growth from 2025 to 2030, driven by technological advancements, increasing environmental concerns, and supportive government policies. With a projected CAGR of 7.5%-9.2%, the market is expected to reach a size of $30.5 billion to $35.8 billion by 2030. Key players such as Honda, Yamaha, Suzuki, Unu, Govecs, BMW, TVS Motor, Piaggio, Jiangsu Niu, AIMA Technology, Zhejiang Luyuan, Jiangshu Xinri, Loncin, Zongshen, Yadea, Lifan, Bashan, and Fekon are focusing on innovation and strategic partnerships to capture a larger market share. The Asia-Pacific region is expected to dominate the market, while Europe and North America will also see significant growth. The future of the electric scooter market looks promising, with increasing adoption across personal and commercial segments.