According to IMARC Group’s latest report, titled Electric Kick Scooter Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” the global electric kick scooter market reached a value of US$ 2.77 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 5.43 Billion by 2027, exhibiting a CAGR of 11.21% during 2022-2027.
An electric kick scooter is a lightweight motorized vehicle powered by an integrated electric motor or rechargeable battery. It is portable, versatile, durable, cost-effective, and environment-friendly compared to other modes of transportation. Presently, electric kick scooter is gaining immense traction worldwide as it enables users to avoid traffic jams and commute short distances easily.
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Market Trends
The escalating demand for fuel-efficient, cost-effective, and environment-friendly commute options is positively influencing the sales of electric kick scooters worldwide. Additionally, inflating disposable incomes and the rising awareness among individuals about the greenhouse gas (GHG) emissions from fuel-operated automobiles are contributing to the market growth. Besides this, governments of various countries are encouraging the uptake of electric scooters, which is propelling the market growth. Furthermore, increasing investments by leading players in research and development (RD) activities to introduce high-performance scooters with low maintenance costs are projected to drive the market.
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The report has segmented on the basis of product type, battery type, voltage, application, end user and geography
List of Key Companies Covered in this Market Report:
- AKTIVO Scoot
- Globber
- GOVECS AG
- Hiboy
- IconBIT GmbH
- Jetsons
- Micro Mobility Systems AG
- Niu Technologies
- Razor USA LLC
- Segway Inc.
- Swagtron
- Yadea Technology Group Co. Ltd.
- Xiaomi Inc
Report Segmentation:
The report has segmented the market into the following categories
Breakup by Product Type:
- Two Wheeled
- Three Wheeled
Breakup by Battery Type:
- Sealed Lead Acid (SLA)
- Lithium Ion (Li-Ion)
- Others
Breakup by Voltage:
- Less than 25V
- 25V to 50V
- More than 50V
Breakup by Application:
- Personal
- Rental
Breakup by End User:
- Kids
- Adults
Breakup by Geography:
- North America (U.S. Canada)
- Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Others)
- Asia Pacific (China, India, Japan, South Korea, Indonesia, Australia, and Others)
- Latin America (Brazil, Mexico)
- Middle East Africa
Note: We are in the process of updating our reports. If you want to receive the latest research data covering the time period from 2023 to 2028, along with industry trends, market size, and competitive analysis, click on the request sample report. The team would be able to deliver the latest version of the report in a quick turnaround time.
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