Electric Kick Scooter Market Size, Share, Demand, Key players Analysis and Forecast 2024-2032
The global electric kick scooter market size reached US$ 3.5 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 8.1 Billion by 2032, exhibiting a growth rate (CAGR) of 9.7% during 2024-2032.
![Electric Kick Scooter Market Size, Share, Demand, Key players Analysis and Forecast 2024-2032](https://joripress.com/uploads/images/202408/image_870x_66cdca63b6a4c.jpg)
The latest report by IMARC Group, titled “Electric Kick Scooter Market Report by Product Type (Two Wheeled, Three Wheeled), Battery Type (Sealed Lead Acid (SLA), Lithium Ion (Li-Ion), and Others), Voltage (Less than 25V, 25V to 50V, More than 50V), Application (Personal, Rental), End User (Kids, Adults), and Region 2024-2032“, The global electric kick scooter market size reached USD 3.5 Billion in 2023. Looking forward, IMARC Group expects the market to reach USD 8.1 Billion by 2032, exhibiting a growth rate (CAGR) of 9.7% during 2024-2032.
An electric kick scooter, commonly referred to as an e-kick scooter, is a lightweight, motorized stand-up scooter powered by rechargeable batteries and integrated motor systems. This mode of transportation is environmentally sustainable, economically efficient, and offers flexibility, as it operates without the need for gasoline or fuel, in contrast to conventional scooters. Additionally, these scooters are known for their durability and versatility, available in a range of sizes, which contributes to their popularity among consumers for rapid short-distance travel. Presently, electric kick scooters can be found on the market with various battery options, including sealed lead-acid (SLA), nickel-metal hydride (NiMH), and lithium-ion (Li-Ion), available worldwide.
Electric Kick Scooter Market Trends and Drivers:
The market for electric kick scooters is largely propelled by the expansion of manufacturing activities within the automotive industry, particularly in developing nations. In addition, the growing preference for affordable and environmentally friendly options for urban transportation is favorably impacting market expansion. Furthermore, various governments are encouraging the use of electric kick scooters for short-distance travel as a means to mitigate the negative environmental effects associated with emissions from traditional fuel-powered vehicles, thereby facilitating market growth. Moreover, numerous leading manufacturers are transitioning to lithium-ion (Li-Ion) batteries for the production of electric kick scooters, owing to their advantageous characteristics, including enhanced energy density, improved voltage capacity and stability, extended charge retention, and reduced self-discharge rates, all of which contribute to market advancement. Additional elements, such as increasing investments in research and development (R&D), growing partnerships among major industry players, and ongoing technological innovations, are also expected to drive market growth.
For an in-depth analysis, you can refer sample copy of the report: https://www.imarcgroup.com/electric-kick-scooter-market/requestsample
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
Market Breakup by Region:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa
Competitive Landscape with Key Player:
- 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.
Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARCs information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the companys expertise.
Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
Contact Us:
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
United States: +1-631-791-1145