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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?
For any questions related to Electric Kick Scooter Market, Electric Kick Scooter Market Size, Electric Kick Scooter Market Growth, Electric Kick Scooter Market Analysis, Electric Kick Scooter Market Report, Electric Kick Scooter Market Share, Electric Kick Scooter Market Trends, Electric Kick Scooter Market Forecast, Electric Kick Scooter Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.
Table of Contents
1. Executive Summary
2. Global Electric Kick Scooter Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Electric Kick Scooter Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Electric Kick Scooter Market by Battery Type
3.3.1: Sealed Lead Acid (SLA)
3.3.2: Lithium-Ion (Li-Ion)
3.3.3: Others
3.4: Global Electric Kick Scooter Market by Voltage
3.4.1: Less than 25V
3.4.2: 25V to 50V
3.4.3: More than 50V
3.5: Global Electric Kick Scooter Market by End Use Industry
3.5.1: Personal
3.5.2: Commercial
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Electric Kick Scooter Market by Region
4.2: North American Electric Kick Scooter Market
4.2.2: North American Electric Kick Scooter Market by End Use Industry: Personal and Commercial
4.3: European Electric Kick Scooter Market
4.3.1: European Electric Kick Scooter Market by Battery Type: Sealed Lead Acid (SLA), Lithium-Ion (Li-Ion), and Others
4.3.2: European Electric Kick Scooter Market by End Use Industry: Personal and Commercial
4.4: APAC Electric Kick Scooter Market
4.4.1: APAC Electric Kick Scooter Market by Battery Type: Sealed Lead Acid (SLA), Lithium-Ion (Li-Ion), and Others
4.4.2: APAC Electric Kick Scooter Market by End Use Industry: Personal and Commercial
4.5: ROW Electric Kick Scooter Market
4.5.1: ROW Electric Kick Scooter Market by Battery Type: Sealed Lead Acid (SLA), Lithium-Ion (Li-Ion), and Others
4.5.2: ROW Electric Kick Scooter Market by End Use Industry: Personal and Commercial
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Electric Kick Scooter Market by Battery Type
6.1.2: Growth Opportunities for the Global Electric Kick Scooter Market by Voltage
6.1.3: Growth Opportunities for the Global Electric Kick Scooter Market by End Use Industry
6.1.4: Growth Opportunities for the Global Electric Kick Scooter Market by Region
6.2: Emerging Trends in the Global Electric Kick Scooter Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Electric Kick Scooter Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Electric Kick Scooter Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: Segway
7.2: NIU International
7.3: Bird Rides
7.4: SWAGTRON
7.5: SEGWAY
7.6: Xiaomi
7.7: Razor USA
.
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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
In-depth interviews of the major players in this market
Detailed secondary research from competitors’ financial statements and published data
Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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