Foldable Electric Scooter Market Report 2026

The foldable electric scooter market size has grown strongly in recent years. It will grow from $1.35 billion in 2025 to $1.46 billion in 2026 at a compound annual growth rate (CAGR) of 8.1%. The growth in the historic period can be attributed to urban traffic congestion, rising fuel prices, early adoption of micro mobility solutions, increasing last mile connectivity demand, initial government incentives for electric vehicles.

The foldable electric scooter market size is expected to see strong growth in the next few years. It will grow to $1.91 billion in 2030 at a compound annual growth rate (CAGR) of 7.1%. The growth in the forecast period can be attributed to accelerating urbanization, continuous battery technology innovation, tightening emission norms, expansion of shared mobility platforms, rising consumer preference for sustainable transport. Major trends in the forecast period include lightweight foldable designs, extended battery range, enhanced safety features, portability for multimodal travel, durable weather resistant builds.

The increasing environmental concerns are anticipated to drive the growth of the foldable electric scooter market in the coming years. Environmental issues are escalating due to factors such as pollution and climate change. Foldable electric scooters provide a sustainable and eco-friendly mode of transportation. These scooters do not emit harmful pollutants or greenhouse gases, thereby improving air quality and lowering the carbon footprint. This decreases dependence on fossil fuels and encourages the adoption of clean and renewable energy for transportation. For example, in May 2023, the World Health Organization, a Switzerland-based intergovernmental organization, reported that nearly 99% of the global population breathes air exceeding guideline limits for fine particulate matter, exposing them to health risks from polluted air. Hence, growing environmental concerns are fueling the demand for foldable electric scooters.

The increasing traffic congestion is expected to boost the growth of the foldable electric scooter market in the foreseeable future. Traffic congestion occurs when the demand on road networks surpasses available capacity, resulting in slower speeds, longer travel times, and increased vehicle queuing. Congestion is worsening due to population growth, urbanization, higher vehicle ownership, insufficient public transport, and inefficient road infrastructure. Electric scooters can maneuver through traffic more effectively than larger vehicles due to their compact size, helping to ease road congestion. For instance, in January 2023, the Federal Highway Administration, a US government agency, reported a 5.6% increase in total travel on all roads compared to January 2022, reaching 247.3 billion vehicle miles. Seasonally adjusted vehicle miles for January 2023 totaled 272.5 billion, marking a 4.5% rise over January 2022 and a 3.1% increase from December 2022. Therefore, growing traffic congestion is driving the foldable electric scooter market.

Prominent players in the foldable electric scooter market are diversifying their product portfolios by introducing compact motorcycles to cater to a wider customer base. Compact motorcycles are portable, lightweight personal mobility devices tailored for urban commuting, featuring foldable designs for convenient storage. For instance, in September 2023, Honda Motors Co. Ltd. unveiled the Moto Compacto, a foldable electric scooter offering customizable and enjoyable urban mobility solutions. With a 490-watt electric motor, top speeds around 15 mph, and a range of up to 12 miles, it's poised to meet urban commuters' needs. The Moto Compacto is highly customizable, with Honda offering various accessories and parts for personalization. It's designed to complement Honda's forthcoming electric vehicles such as the Prologue and Acura ZDX, providing a seamless last-mile transportation solution.

Major companies operating in the foldable electric scooter market report include Xiaomi Corporation, Yadea Group Holdings Ltd., Razor, Niu Technologies, Globber, Segway Inc., Jetson, Mega Wheels, Urban Machine, Swagtron, Unagi Scooters, eMove-Company, EcoSmart, Dualtron X Limited, Spacepac Industries Pty Ltd., Fluidfreeride, Glion Electric Scooter, Hiboy, Inokim Inc., Levy Electric, Minimotors, NanRobot, Shenzhen Iezway Technology, Voro Motors, GOTRAX.

North America was the largest region in the foldable electric scooter market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the foldable electric scooter market report include Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the foldable electric scooter market report include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The foldable electric scooter market consists of sales of electric bikes, electric skateboards, electric kick scooters, and smart foldable electric scooters. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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