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North America Electric Scooter Market by Vehicle Type (Electric Motorcycles, E-scooters & Bikes), Power Output (Less Than 3.6kW, 3.6kW to 7.2kW), Battery Technology, Motor Type, Charging Type, End User, and Geography - Forecasts to 2029

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    Report

  • 106 Pages
  • June 2022
  • Region: North America
  • Meticulous Market Research Pvt. Ltd.
  • ID: 5585357
North America Electric Scooter Market Worth $ 15.41 Billion and 3,182.6 Thousand Units by 2029

FEATURED COMPANIES

  • Aventon Bikes (U.S.)
  • Magnum Bikes (U.S.)
The research report titled, “North American Electric Scooter Market by Vehicle Type (Electric Motorcycles, E-scooters & Bikes), Power Output (Less Than 3.6kW, 3.6kW to 7.2kW), Battery Technology, Motor Type, Charging Type, End User, and Country - Forecasts to 2029”, provides an in-depth analysis of the electric scooters market in North America and emphasizes on the current market sizes, market shares, recent developments, and forecasts till 2029.

The North America Electric Scooter Market is expected to grow at a CAGR of 41.6% from 2022–2029 to reach $ 15.41 billion by 2029. By volume, this market is expected to grow at a CAGR of 28.0% from 2022–2029 to reach 3,182.6 thousand units by 2029.

The growth of this market is attributed to the emergence of electric scooter-sharing fleets, the growing concerns over greenhouse gases and carbon emissions, and the emerging need for micro-mobility alternatives for short distances. Furthermore, the availability of smart charging stations and the increasing usage of micro-mobility for logistics applications offer lucrative opportunities for the growth of this market.

Based on vehicle type, the electric motorcycles segment is expected to grow at the highest CAGR during the forecast period. The growth of this segment is attributed to increasing government policies for promoting electric mobility, the growing awareness regarding the need to reduce greenhouse gas emissions and environmental pollution, the rising demand for electric motorcycles among consumers, the rising gasoline prices, and the increasing number of stringent emission norms.

Based on power output, the 3.6 kW to 7.2 kW segment is expected to grow at the highest CAGR during the forecast period. This category of power output is used in electric mopeds. The growth of this segment is attributed to the cost-effectiveness of electric mopeds, zero tailpipe emissions, and the ability to run 60km on a single charge.

Based on battery technology, the lithium-ion polymer battery segment is expected to grow at the highest CAGR during the forecast period. Most electric bike manufacturers prefer the lithium-ion polymer battery and are widely equipped on e-bikes. Compared to other lithium batteries, the LiPo battery has a lower price yet maintains its performance. LiPo batteries use solid, colloidal polymers or organic electrolytes. It is also beneficial for large capacity and fast charging while providing higher power in a short period, which enables e-bikes to obtain power support once started.

Based on motor type, the hub motor segment is expected to grow at the highest CAGR during the forecast period. The growth of this segment is attributed to its high flexibility and the capability to operate in all-wheel-drive, providing higher stability. A hub motor includes a wheel with a motor inside. There are two types of hub motors: geared hub motors with internal planetary gears to reduce the speed of a higher RPM motor, and gearless hub motors, which have no gearing and directly connect the lower RPM motor stator’s axle to the bike. Gearless hub motors have zero moving parts aside from their bearings, making them efficient in terms of wear and tear.

Based on charging type, the wireless charging segment is expected to grow at the highest CAGR during the forecast period. The growth of this segment is driven by the flexibility to charge the vehicle without physical contact, boosts the speed of charging, and confront range anxiety.

Based on end user, the business organizations segment is expected to grow at the highest CAGR during the forecast period. The growth of this segment is attributed to the government initiatives for faster EV adoption, last-mile transportation, and reducing road congestion.

Based on country, Canada is expected to record the highest CAGR during the forecast period. The Canadian Government’s regulation to reduce carbon emissions by 30% under the electric mobility movement is the major factor attributed to the high growth rate of the Canadian e-scooter market. Besides legislation, local ride-hailing companies, such as Bird Rides, Inc and Lime, offering electric scooters across the country, are expected to drive the electric scooters market.

The key players operating in the North America electric scooter market are Yamaha Motor Co., Ltd. (Japan), Trek Bicycle Corporation (U.S.), Aventon Bikes (U.S.), Fuji-Ta Bicycle Co., Ltd. (China), Walberg Urban Electrics GmbH (Germany), Zhejiang Minimotors Bike Co., Ltd. (China), Magnum Bikes (U.S.), Pedego Electric Bikes (U.S.), Rad Power Bikes Inc. (U.S.) and Zero Motorcycles, Inc. (U.S.).

Key questions answered in the report:

  • Which are the high growth market segments in terms of vehicle type, power output, battery technology, motor type, charging type, end user, and country?
  • What is the historical market size for the North American electric scooters market?
  • What are the market forecasts and estimates for the period 2022–2029?
  • What are the major drivers, restraints, opportunities, and challenges in the North American electric scooters market?
  • Who are the major players in the market, and what are their market shares?
  • Who are the major players in various countries?
  • How is the competitive landscape for the North American electric scooters market?
  • What are the recent developments in the North American electric scooters market?
  • What are the different strategies adopted by the major players in the market?
  • Which are the high-growth countries in the North American electric scooters market?
  • Who are the local emerging players in the North American electric scooters market, and how do they compete with other players?

Scope of the Report

:

North American Electric Scooters Market, by Vehicle Type

  • E-Scooters & Bikes
  • Electric Motorcycle

North American Electric Scooters Market, by Power Output

  • Less than 3.6 kW
  • 3.6 kW to 7.2 kW
  • 20 kW to 100 kW

North American Electric Scooters Market, by Battery Technology

  • Lithium-ion Battery
  • Sealed Lead Acid battery
  • Lithium-ion Polymer battery

North American Electric Scooters Market, by Motor Type

  • Hub Motor
  • Gearless Hub Motor
  • Geared Hub Motor
  • Mid-Drive Motor

North American Electric Scooters Market, by Charging Type

  • Connector Charging
  • Wireless Charging

North America Electric Scooters Market, by End User

  • Business Organizations
  • Micro-Mobility Service Providers
  • Individuals
  • Academic Institutes/Universities
  • Government Institutions
  • Other End Users

North America Electric Scooters Market, by Country

  • U.S.
  • Canada

FEATURED COMPANIES

  • Aventon Bikes (U.S.)
  • Magnum Bikes (U.S.)

1. Introduction
1.1. Market Definition
1.2. Market Ecosystem
1.3. Currency and Limitations
1.4. Key Stakeholders
2. Research Methodology
2.1. Research Process
2.2. Data Collection & Validation
2.2.1. Secondary Research
2.2.2. Primary Research
2.3. Market Assessment
2.3.1. Market Size Estimation
2.3.1.1. Bottom-Up Approach
2.3.1.2. Growth Forecast
2.3.1.3. COVID-19 Impact Assessment
2.4. Assumptions for the Study
3. Executive Summary4. Impact of COVID-19 on the North America Electric Scooter Market
5. Market Insights
5.1. Introduction
5.2. Market Dynamics
5.2.1. Drivers
5.2.1.1. Emergence of Electric Scooter-Sharing Fleets
5.2.1.2. Growing Concerns of Greenhouse Gases and Carbon Emissions
5.2.1.3 Emerging Need for Micromobility Options for Short Distances
5.2.2 Restraints
5.2.2.1. Rising Number of Accidents and Ambiguous Regulations Related to Electric Kick Scooter
5.2.3. Opportunities
5.2.3.1. Micromobility for Logistics Applications
5.2.4. Challenges
5.2.4.1. High Costs of Procuring Electric Two-Wheelers
5.2.4.2. Increasing Incidences of Theft and Vandalism of E-Bikes & E-Scooter
5.3. Value Chain Analysis
6. North America Electric Scooter Market, by Vehicle Type
6.1. Introduction
6.2. E-Scooter & Bikes
6.3. Electric Motorcycles
7. North America Electric Scooter Market, by Power Output
7.1. Introduction
7.2. Less than 3.6 kW
7.3. 3.6 kW to 7.2 kW
7.4. 20 kW to 100 kW
8. North America Electric Scooter Market, by Battery Technology
8.1. Introduction
8.2. Lithium-ion Batteries
8.3. Sealed Lead Acid Batteries
8.4. Lithium-ion Polymer Batteries
9. North America Electric Scooter Market, by Motor Type
9.1. Introduction
9.2. Hub Motors
9.2.1. Gearless Hub Motors
9.2.2. Geared Hub Motor
9.3. Mid-Drive Motors
10. North America Electric Scooter Market, by Charging Type
10.1. Introduction
10.2. Connector charging
10.3. Wireless Charging
11. North America Electric Scooter Market, By End-users
11.1. Introduction
11.2. Business Organizations
11.3. Micromobility Service Providers
11.4. Individuals
11.5. Academic Institutes/Universities
11.6. Government Institutions
11.7. Other End-users
12. North America Electric Scooter Market, by Geography
12.1. Introduction
12.1.1. U.S.
12.1.2. Canada
13. Competitive Landscape
13.1. Introduction
13.2. Key Growth Strategies
13.3. Key Players in the North America Electric Scooter Market
13.3.1. Yamaha Motor Co., Ltd.
13.3.2. Magnum Bikes
13.3.3. Pedego Electric Bikes
14. Company Profiles (Business Overview, Financial Overview, Product Portfolio, Strategic Developments)
14.1. Yamaha Motor Co., Ltd.
14.2. Trek Bicycle Corporation
14.3. Aventon Bikes
14.4. Fuji-ta Bicycle Co., Ltd.
14.5. Energica Motor Company S.p.A.
14.6. Zhejiang Minimotors Bike Co., Ltd.
14.7. Magnum Bikes
14.8. Pedego Electric Bikes
14.9. Rad Power Bikes Inc.
14.10. Zero Motorcycles, Inc.
15. Appendix
15.1. Questionnaire
15.2. Available Customization
List of Tables
Table 1: Market Size and CAGR (USD Million)
Table 2: North America Electric Scooter Market Size, by Vehicle Type, 2020–2029 (USD Million)
Table 3: North America Electric Scooter Market Volume, by Vehicle Type, 2020–2029 (Unit Thousand)
Table 4: North America E-Scooter & Bikes Market Size, by Country, 2020–2029 (USD Million)
Table 5: North America E-Scooter & Bikes Market Volume, by Country, 2020–2029 (Unit Thousand)
Table 6: North America Electric Motorcycles Market Size, by Country, 2020–2029 (USD Million)
Table 7: North America Electric Motorcycles Market Volume, by Country, 2020–2029 (Unit Thousand)
Table 8: North America Electric Scooter Market Size, by Power Output, 2020–2029 (USD Million)
Table 9: North America Less Than 3.6 kW Electric Scooter Market Size, by Country, 2020–2029 (USD Million)
Table 10: North America 3.6 kW to 7.2 kW Electric Scooter Market Size, by Country, 2020–2029 (USD Million)
Table 11: North America 20 kW to 100 kW Electric Scooter Market Size, by Country, 2020–2029 (USD Million)
Table 12: North America Electric Scooter Market Size, by Battery Technology, 2020–2029 (USD Million)
Table 13: North America Lithium-Ion Battery Electric Scooter Market Size, by Country, 2020–2029 (USD Million)
Table 14: North America Sealed Lead Acid Battery Electric Scooter Market Size, by Country, 2020–2029 (USD Million)
Table 15: North America Lithium-Ion Polymer Battery Electric Scooter Market Size, by Country, 2020–2029 (USD Million)
Table 16: North America Electric Scooter Market Size, by Motor Type, 2020–2029 (USD Million)
Table 17: North America Hub Motor Electric Scooter Market Size, by Type, 2020–2029 (USD Million)
Table 18: North America Hub Motor Electric Scooter Market Size, By Country, 2020–2029 (USD Million)
Table 19: Gearless Hub Motor Electric Scooter Market Size, by Country, 2020–2029 (USD Million)
Table 20: Geared Hub Motors Electric Scooter Market Size, by Country, 2020–2029 (USD Million)
Table 21: North America Mid-Drive Motor Electric Scooter Market Size, by Country, 2020–2029 (USD Million)
Table 22: North America Electric Scooter Market Size, by Charging Type, 2020–2029 (USD Million)
Table 23: North America Connector Charging Electric Scooter Market Size, by Country, 2020–2029 (USD Million)
Table 24: North America Wireless Charging Electric Scooter Market Size, by Country, 2020–2029 (USD Million)
Table 25: North America Electric Scooter Market Size, by End-Users, 2020–2029 (USD Million)
Table 26: North America Electric Scooter Market Size for Business Organizations, by Country, 2020–2029 (USD Million)
Table 27: North America Electric Scooter Market Size for Micromobility Service Providers, by Country, 2020–2029 (USD Million)
Table 28: North America Electric Scooter Market Size for Individuals, by Country, 2020–2029 (USD Million)
Table 29: North America Electric Scooter Market Size for Academic Institutes/Universities, by Country, 2020–2029 (USD Million)
Table 30: North America Electric Scooter Market Size for Government Institutions, by Country, 2020–2029 (USD Million)
Table 31: North America Electric Scooter Market Size for Other End-Users, by Country, 2020–2029 (USD Million)
Table 32: North America Electric Scooter Market Size, by Country, 2020–2029 (USD Million)
Table 33: North America Electric Scooter Market Volume, by Geography, 2020–2029 (Unit Thousand)
Table 34: U.S.: Electric Scooter Market Size, by Vehicle Type, 2020–2029 (USD Million)
Table 35: U.S.: Electric Scooter Market Volume, by Vehicle Type, 2020–2029 (Unit Thousand)
Table 36: U.S.: Electric Scooter Market Size, by Power Output, 2020–2029 (USD Million)
Table 37: U.S.: Electric Scooter Market Size, by Battery Technology, 2020–2029 (USD Million)
Table 38: U.S.: Electric Scooter Market Size, by Motor Type, 2020–2029 (USD Million)
Table 39: U.S.: Hub Motor Electric Scooter Market Size, by Type, 2020–2029 (USD Million)
Table 40: U.S.: Electric Scooter Market Size, by Charging Type, 2020–2029 (USD Million)
Table 41: U.S.: Electric Scooter Market Size, by End-Users, 2020–2029 (USD Million)
Table 42: Canada: Electric Scooter Market Size, by Vehicle Type, 2020–2029 (USD Million)
Table 43: Canada: Electric Scooter Market Volume, by Vehicle Type, 2020–2029 (Unit Thousand)
Table 44: Canada: Electric Scooter Market Size, by Power Output, 2020–2029 (USD Million)
Table 45: Canada: Electric Scooter Market Size, by Battery Technology, 2020–2029 (USD Million)
Table 46: Canada: Electric Scooter Market Size, by Motor Type, 2020–2029 (USD Million)
Table 47: Canada: Hub Motor Electric Scooter Market Size, by Type, 2020–2029 (USD Million)
Table 48: Canada: Electric Scooter Market Size, by Charging Type, 2020–2029 (USD Million)
Table 49: Canada: Electric Scooter Market Size, by End-Users, 2020–2029 (USD Million)
Table 50: Recent Key Developments, by Company, 2019–2021
List of Figures
Figure 1: Currency and Limitations
Figure 2: Research Process
Figure 3: Key Secondary Sources
Figure 4: Primary Research Techniques
Figure 5: Key Executives Interviewed
Figure 6: Market Size Estimation
Figure 7: Key Insights
Figure 8: North America Electric Scooter Market, by Vehicle Type, 2022 vs. 2029, (USD Million)
Figure 9: North America Electric Scooter Market, by Vehicle Type, 2022 vs. 2029, (Unit Thousand)
Figure 10: North America Electric Scooter Market, by Power Output, 2022 vs. 2029, (USD Million)
Figure 11: North America Electric Scooter Market, by Battery Technology, 2022 vs. 2029, (USD Million)
Figure 12: North America Electric Scooter Market, by Motor Type, 2022 vs. 2029, (USD Million)
Figure 13: North America Electric Scooter Market, by Charging Type, 2022 vs. 2029, (USD Million)
Figure 14: North America Electric Scooter Market, by End-Users, 2022 vs. 2029, (USD Million)
Figure 15: Geographic Snapshot: North America Electric Scooter Market, (Value Share & CAGR)
Figure 16: Geographic Snapshot: North America Electric Scooter Market, (Volume Share & CAGR)
Figure 17: The Impact of COVID-19 on the North America Electric Scooter Market
Figure 18: Electric Scooter Value Chain
Figure 19: North America Electric Scooter Market Size, by Vehicle Type, 2022-2029 (USD Million)
Figure 20: North America Electric Scooter Market Size, by Power Output, 2022-2029 (USD Million)
Figure 21: North America Electric Scooter Market Size, by Battery Technology, 2022-2029 (USD Million)
Figure 22: North America Electric Scooter Market Size, by Motor Type, 2022-2029 (USD Million)
Figure 23: North America Electric Scooter Market Size, by Charging Type, 2022-2029 (USD Million)
Figure 24: North America Electric Scooter Market Size, by End-Users, 2022-2029 (USD Million)
Figure 25: North America Electric Scooter Market Size, by Geography, 2022-2029 (USD Million)
Figure 26: North America Electric Scooter Market Volume, by Geography, 2022-2029 (Unit Thousand)
Figure 27: Key Growth Strategies Adopted by Leading Players, 2019-2021
Figure 28: Yamaha Motor Co., Ltd.: Financial Overview, 2021
Figure 29: Energica Motor Company S.p.A.: Financial Overview, 2020
  • Yamaha Motor Co. Ltd. (Japan)
  • Trek Bicycle Corporation (U.S.)
  • Aventon Bikes (U.S.)
  • Fuji-Ta Bicycle Co. Ltd. (China)
  • Walberg Urban Electrics GmbH (Germany)
  • Zhejiang Minimotors Bike Co. Ltd. (China)
  • Magnum Bikes (U.S.)
  • Pedego Electric Bikes (U.S.)
  • Rad Power Bikes Inc. (U.S.) and Zero Motorcycles Inc. (U.S.).