Electric Transporters - Global Strategic Business Report

The global market for Electric Transporters was estimated at US$45.3 Billion in 2024 and is projected to reach US$69.4 Billion by 2030, growing at a CAGR of 7.4% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions. The report includes the most recent global tariff developments and how they impact the Electric Transporters market.

Global Electric Transporters Market - Key Trends & Drivers Summarized

How Are Shifts in Urban Mobility Needs Shaping Electric Transporters?

Urbanization is reshaping mobility across the globe, placing increasing pressure on public infrastructure and compelling city planners and consumers to seek cleaner, more compact transportation solutions. In this context, electric transporters - comprising electric scooters, bikes, mopeds, and micro-mobility vehicles - are emerging as frontrunners in urban transportation. With over 70% of the global population expected to live in cities by 2050, congestion and pollution levels are prompting policy overhauls in favor of electric personal transport. Countries like the Netherlands, Germany, and China have already integrated extensive networks of electric vehicle lanes, boosting both utility and consumer confidence in electric transporter adoption. Moreover, the '15-minute city' concept - a model where all essential services are accessible within 15 minutes of walking or cycling - is further popularizing the use of electric transporters, especially among millennials and Gen Z demographics. These age groups, characterized by high environmental consciousness and tech-savviness, are leading the charge in adopting lightweight electric vehicles. The integration of mobile apps, real-time location tracking, and ride-sharing features has further entrenched these vehicles as indispensable tools for daily commuting, last-mile delivery, and tourism-related movement in densely populated areas.

Can Infrastructure Keep Up With the Demand for Cleaner Mobility?

One of the most decisive trends accelerating the electric transporter market is the massive expansion of supportive infrastructure. Governments and private investors are collaborating to establish vast networks of charging stations, smart traffic systems, and designated micro-mobility lanes in key urban centers. In major cities like Los Angeles, Paris, Seoul, and Singapore, municipal budgets now allocate significant portions to the development of EV-compatible urban design. Furthermore, policy frameworks such as the European Green Deal, India`s Faster Adoption and Manufacturing of Hybrid and Electric Vehicles (FAME) program, and California’s zero-emission vehicle mandates are creating strong backbones for electric transporter penetration. These programs not only subsidize vehicle purchases but also incentivize companies to invest in manufacturing and R&D. Logistics and delivery companies, too, are pushing for faster deployment of electric scooters and cargo bikes to meet new emission targets set by climate laws. Meanwhile, innovations in battery-swapping stations, wireless charging pads, and solar-powered docking hubs are transforming infrastructure bottlenecks into competitive advantages, thereby improving vehicle uptime and boosting user adoption across personal and commercial categories.

Is Innovation at the Core of Electric Transporter Advancements?

Technology innovation lies at the very heart of the evolving electric transporter landscape. The integration of artificial intelligence, Internet of Things (IoT), and machine learning into vehicle systems is enabling smarter, safer, and more efficient rides. Cutting-edge features such as regenerative braking, anti-theft locking systems, geofencing, and automatic diagnostics are increasingly becoming standard. Battery technology has witnessed exponential improvement - lithium-ion and solid-state batteries now offer longer range, reduced charging time, and higher lifecycle durability. Beyond hardware, software-based enhancements are creating layered value; for example, fleet operators and consumers can access real-time analytics on energy consumption, vehicle performance, and predictive maintenance schedules. Companies like Segway-Ninebot, Gogoro, and NIU are at the forefront of product evolution, releasing models with customizable riding modes, swappable batteries, and even autonomous parking capabilities. Additionally, new players are entering the market through collaborations with automotive giants and energy conglomerates, leading to cross-industry innovation and rapid prototyping. The rise of shared mobility platforms such as Lime, Bird, and Bounce has also fueled demand for durable, connected, and modular electric transporter models suited for short, frequent usage in dynamic urban environments.

What Forces Are Driving Market Growth Across Segments and Regions?

The growth in the electric transporters market is driven by several factors related to technology advancement, shifting end-use patterns, evolving consumer preferences, and regulatory interventions. First, the proliferation of on-demand delivery services, especially in urban and semi-urban locales, is creating a high-volume, recurring demand for electric two- and three-wheelers among gig workers and logistics firms. Second, consumer sentiment is progressively skewing towards sustainable living, with younger consumers actively opting for eco-conscious transport alternatives for personal commutes. Third, the automotive industry’s pivot toward electrification is leading to a spillover of R&D resources into the micro-mobility segment, producing innovations tailored for affordability, range, and connectivity. Fourth, regional government mandates requiring phased reductions in CO2 emissions, combined with growing congestion charges for combustion-engine vehicles, are making electric transporters an economically viable and regulatory-compliant choice. Additionally, the adoption of electric transporters in tourism and recreation is creating seasonal demand spikes in travel-heavy economies. Emerging markets in Southeast Asia, Latin America, and Africa are also beginning to see adoption rise due to improved vehicle affordability and localized manufacturing. In totality, these growth drivers are not just expanding the market’s size - they are also diversifying its usage, deepening its geographic reach, and elevating its long-term sustainability potential.

Report Scope

The report analyzes the Electric Transporters market, presented in terms of market value (US$ Thousand). The analysis covers the key segments and geographic regions outlined below.

Segments: Vehicle (Electric Scooter Vehicle, Electric Bike Vehicle, Electric Skateboards Vehicle); Battery (Sealed Lead Acid Battery, Nickel-Metal Hydride Battery, Lithium-Ion Battery); Voltage (24V, 36V, 48V, Above 48V)

Geographic Regions/Countries: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.

Key Insights:

• Market Growth: Understand the significant growth trajectory of the Electric Scooter Vehicle segment, which is expected to reach US$39.5 Billion by 2030 with a CAGR of a 7.0%. The Electric Bike Vehicle segment is also set to grow at 8.5% CAGR over the analysis period.
• Regional Analysis: Gain insights into the U.S. market, estimated at $12.3 Billion in 2024, and China, forecasted to grow at an impressive 11.5% CAGR to reach $14.6 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

• Detailed Market Analysis: Access a thorough analysis of the Global Electric Transporters Market, covering all major geographic regions and market segments.
• Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
• Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Electric Transporters Market.
• Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

• How is the Global Electric Transporters Market expected to evolve by 2030?
• What are the main drivers and restraints affecting the market?
• Which market segments will grow the most over the forecast period?
• How will market shares for different regions and segments change by 2030?
• Who are the leading players in the market, and what are their prospects?

Report Features:

• Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2024 to 2030.
• In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
• Company Profiles: Coverage of players such as Arrival Ltd., BMW AG, BYD Company Limited, Canoo Inc., Daimler Truck AG and more.
• Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Select Competitors (Total 41 Featured):

• Arrival Ltd.
• BMW AG
• BYD Company Limited
• Canoo Inc.
• Daimler Truck AG
• Ford Motor Company
• General Motors Company
• Hyundai Motor Company
• Kia Corporation
• Lordstown Motors Corp.
• Lucid Motors
• Mercedes-Benz Group AG
• Nikola Corporation
• NIO Inc.
• Rivian Automotive, Inc.
• Tesla Inc.
• Volkswagen AG
• Volvo Group
• Workhorse Group Inc.
• Xos, Inc.

Tariff Impact Analysis: Key Insights for 2025

Global tariff negotiations across 180+ countries are reshaping supply chains, costs, and competitiveness. This report reflects the latest developments as of April 2025 and incorporates forward-looking insights into the market outlook.

The analysts continuously track trade developments worldwide, drawing insights from leading global economists and over 200 industry and policy institutions, including think tanks, trade organizations, and national economic advisory bodies. This intelligence is integrated into forecasting models to provide timely, data-driven analysis of emerging risks and opportunities.

What’s Included in This Edition:

• Tariff-adjusted market forecasts by region and segment
• Analysis of cost and supply chain implications by sourcing and trade exposure
• Strategic insights into geographic shifts

Buyers receive a free July 2025 update with:

• Finalized tariff impacts and new trade agreement effects
• Updated projections reflecting global sourcing and cost shifts
• Expanded country-specific coverage across the industry