Electric Scooter Market by Battery Type (Lead Acid, Li-ion), by Voltage Type (48-59V, 60-72V, 73-96V, Above 96V), by By Geography (North America), by Europe (U.K., Germany, France, Rest of Europe), by Asia Pacific (China, Japan, India, Rest of APAC) Forecast 2024-2032
The Electric Scooter Market size was valued at USD 14.28 USD Billion in 2023 and is projected to reach USD 18.17 USD Billion by 2032, exhibiting a CAGR of 3.5 % during the forecast period. Electric scooters are also known as personal battery-powered transportation devices, which have gained considerable popularity for daily mobility in urban areas. There are several types available in the market of kick scooters, foldable scooters, and even electric mopeds to suit the different needs of the users. Featuring recent technologies such as regenerative braking, LED lights, and connection with the smartphone, they are comfortable, safe, and environmentally friendly cars. Market segments include daily transportation, touring, and leisure riding among others, thus providing a low-emission solution for urban traffic. This is so because they are light in weight and can be easily moved from one place to another hence cutting down on traffic jams and pollution which are brought about by long-distance car travel. Some of the advantages are cost-saving to clients, environmental conservation through the reduction of carbon emissions, and the improvement of citizens’ health due to the uptake of exercise through cycling.
Battery Type:
Voltage Type:
Strengths:
Weaknesses:
Opportunities:
Threats:
Aspects | Details |
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Study Period | 2018-2032 |
Base Year | 2023 |
Estimated Year | 2024 |
Forecast Period | 2024-2032 |
Historical Period | 2018-2023 |
Growth Rate | CAGR of 3.5% from 2018-2032 |
Segmentation |
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Aspects | Details |
---|---|
Study Period | 2018-2032 |
Base Year | 2023 |
Estimated Year | 2024 |
Forecast Period | 2024-2032 |
Historical Period | 2018-2023 |
Growth Rate | CAGR of 3.5% from 2018-2032 |
Segmentation |
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Note* : In applicable scenarios
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