The global electric kick scooter market size reached US$ 3.1 Billion in 2022. Looking forward, the publisher expects the market to reach US$ 6.0 Billion by 2028, exhibiting a growth rate (CAGR) of 10.8% during 2023-2028.
Electric kick scooter, or e-kick scooter, refers to a lightweight, stand-up motorized scooter, which is powered by integrated motor drive machines and rechargeable batteries. As compared to conventional scooters, electric scooters do not require gas or fuel to operate and are flexible, cost-effective, portable, versatile, durable, and eco-friendly. Apart from this, they are commercially available in different compact sizes, on account of which it is extensively used by consumers as micro-mobility for covering short distances at higher speeds. At present, electric kick scooters are commercially available in sealed lead-acid (SLA), nickel-metal hydride (NiMH), and lithium-ion (Li-Ion) battery types.
2. What is the expected growth rate of the global electric kick scooter market during 2023-2028?
3. What are the key factors driving the global electric kick scooter market?
4. What has been the impact of COVID-19 on the global electric kick scooter market?
5. What is the breakup of the global electric kick scooter market based on the battery type?
6. What is the breakup of the global electric kick scooter market based on the voltage?
7. What are the key regions in the global electric kick scooter market?
8. Who are the key players/companies in the global electric kick scooter market?
Electric kick scooter, or e-kick scooter, refers to a lightweight, stand-up motorized scooter, which is powered by integrated motor drive machines and rechargeable batteries. As compared to conventional scooters, electric scooters do not require gas or fuel to operate and are flexible, cost-effective, portable, versatile, durable, and eco-friendly. Apart from this, they are commercially available in different compact sizes, on account of which it is extensively used by consumers as micro-mobility for covering short distances at higher speeds. At present, electric kick scooters are commercially available in sealed lead-acid (SLA), nickel-metal hydride (NiMH), and lithium-ion (Li-Ion) battery types.
Electric Kick Scooter Market Trends:
The electric kick scooter market is primarily being driven by the growing manufacturing activities across the automotive sector due to the increasing demand for cost-effective and eco-friendly urban commute options, especially in emerging economies. In line with this, the rising concerns amongst consumers regarding the conventional automobile-generated emissions from oil and gas fuels have prompted governments of various countries to promote the uptake of electric kick scooters for short-distance travels. This, in turn, assists in minimizing various negative environmental impacts, including the harmful emissions of greenhouse gases (GHGs). Additionally, the shifting inclination of manufacturers toward lithium-Ion (Li-Ion) batteries over sealed batteries for manufacturing electric kick scooters due to their several beneficial properties is contributing to the market growth. Li-Ion batteries offer higher energy density, better voltage capacity and stability, longer charge retention, and lower self-discharge rate. Other factors, such as strategic collaborations amongst key players and the rising investments in the research and development (R&D) activities for introducing low-maintenance e-scooters, are creating a positive outlook for the market.Key Market Segmentation:
The publisher provides an analysis of the key trends in each sub-segment of the global electric kick scooter market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on product type, battery type, voltage, application and end user.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 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:
The competitive landscape of the industry has also been examined along with the profiles of the key players being 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. and Xiaomi Inc.Key Questions Answered in This Report
1. What was the size of the global electric kick scooter market in 2022?2. What is the expected growth rate of the global electric kick scooter market during 2023-2028?
3. What are the key factors driving the global electric kick scooter market?
4. What has been the impact of COVID-19 on the global electric kick scooter market?
5. What is the breakup of the global electric kick scooter market based on the battery type?
6. What is the breakup of the global electric kick scooter market based on the voltage?
7. What are the key regions in the global electric kick scooter market?
8. Who are the key players/companies in the global electric kick scooter market?
Table of Contents
1 Preface3 Executive Summary13 Value Chain Analysis15 Price Analysis
2 Scope and Methodology
4 Introduction
5 Global Electric Kick Scooter Market
6 Market Breakup by Product Type
7 Market Breakup by Battery Type
8 Market Breakup by Voltage
9 Market Breakup by Application
10 Market Breakup by End User
11 Market Breakup by Region
12 SWOT Analysis
14 Porters Five Forces Analysis
16 Competitive Landscape
List of Figures
List of Tables
Companies Mentioned
- 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. and Xiaomi Inc.
Methodology
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 146 |
Published | May 2023 |
Forecast Period | 2022 - 2028 |
Estimated Market Value ( USD | $ 3.1 Billion |
Forecasted Market Value ( USD | $ 6 Billion |
Compound Annual Growth Rate | 11.6% |
Regions Covered | Global |
No. of Companies Mentioned | 12 |