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Electric Kick Scooter Market Analysis

  • Report ID: GMI5794
  • Published Date: Mar 2024
  • Report Format: PDF

Electric Kick Scooter Market Analysis

Based on type, the market is divided into foldable kick scooters, off-road kick scooters, all-terrain kick scooters, three-wheel kick scooters. The All-Terrain Kick Scooters segment accounted for 40% of the market share in 2023. Traditionally associated with urban commuting, electric scooters are now being designed and adapted for off-road and rough terrain use. All-terrain scooters feature enhanced suspension systems, larger wheels with knobby tires, and rugged frames, allowing riders to navigate through various challenging environments such as gravel paths, grassy fields, and uneven terrain.
 

These versatile scooters appeal to outdoor enthusiasts, adventurers, and recreational riders seeking an exhilarating and eco-friendly means of exploring nature. As the demand for outdoor recreational activities continues to grow, fueled by a desire for adventure and exploration, the demand for all-terrain electric kick scooters is expected to expand rapidly for catering to a diverse range of consumer preferences and riding experiences.

 

 Electric Kick Scooter Market Share, By end-user, 2023

Based on the end-user, the electric kick scooter market is categorized into personal and commercial. The personal electric kick scooters segment is projected to capture 61% market share in 2032. Individuals are increasingly turning to electric kick scooters for their convenience, affordability, and eco-friendliness in short-distance travel. Electric scooters offer a convenient solution for urban commuters looking to navigate congested city streets quickly and efficiently, avoiding traffic jams and parking hassles.
 

Additionally, they provide a fun and accessible mode of transportation for leisure activities, recreational outings, and exploring local neighborhoods. With advancements in battery technology, lightweight design, and smart connectivity features, electric scooters have become a popular choice for people of all ages seeking an alternative to traditional modes of transportation. As more individuals embrace the benefits of electric scooters for personal use, the demand for these versatile and convenient vehicles continues to grow steadily.
 

North America Electric Kick Scooter Market Size, 2022 -2032, (USD Million)

North America electric kick scooter market recorded around 33% in 2023 and is set to cross USD 2.2 billion revenues by 2032. Rapid urbanization, coupled with growing concerns about traffic congestion and environmental sustainability, has propelled the popularity of electric kick scooters as a convenient and eco-friendly mode of transportation.
 

Additionally, favorable regulatory frameworks in many cities have encouraged the adoption of electric scooters in urban areas. The convenience and affordability offered by these scooters appeal to a wide range of consumers, including commuters, students, and tourists. As awareness of the benefits of electric scooters continues to grow and infrastructure improves to accommodate them, the demand for electric kick scooters in North America is expected to continue its upward trajectory in the coming years.

Authors: Preeti Wadhwani, Aishvarya Ambekar

Frequently Asked Questions (FAQ) :

The market size of electric kick scooter reached USD 2.9 billion in 2023 and is set to witness 10% CAGR from 2024 to 2032, led by increasing acquisitions among leading companies, alongside proliferation of ride-sharing and micro-mobility services.

The all-terrain kick scooters segment expected to account for a market share of over 40% in 2023, as they appeal to outdoor enthusiasts, adventurers, and recreational riders seeking an exhilarating and eco-friendly means of exploring nature.

North America dominated the market with a major share of over 33% in 2023, attributed to rapid urbanization, coupled with growing concerns about traffic congestion and environmental sustainability.

Apollo Scooters, GOTRAX, iconBIT, Inokim Inc, Joyor, Kaabo Scooter, Micro Mobility Systems AG, Niu International, Razor USA LLC, SEGWAY INC., SWAGTRON, Xiaomi, Yadea Technology Group Co., Ltd., and ZHEJIANG DUALTRON ESCOOTER CO LTD.

Electric Kick Scooter Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 20
  • Tables & Figures: 297
  • Countries covered: 22
  • Pages: 380
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