Global Electric Scooter Market Size is expected to grow at a CAGR of 6.41% during the forecast period due to its growing demand for fuel consumption, reduction in CO2 emissions, and growing scarce for fossil fuels among other factors.

The growing trend among various manufacturers to set up stations for battery swapping and to foster a supercharging network that would provide better accessibility to their consumers. Tesla Motors, for instance, has built a power network of 120kW supercharger in Europe, North America, and Asia Pacific. These development are some of the strategic initiatives taken by companies to knock off the barrier between the adaptations of electric scooters, due to inadequate charging facilities. The scarcity of charging infrastructures is one of the major restraints for the global electric scooter market in the forecast period (2018-2025).

Global Electric Scooter Market Size By Volume 2025

Market Taxonomy

This report segments the global electric scooter market on the basis of product types, voltage type and battery type. On the basis of product types, the market is segmented as retro scooter, self-balancing scooter, kick scooter, folding scooter, and others. On the basis of voltage type, the global electric scooter market is segmented into 24v, 36v, 48v, and others. On the basis of battery type, the global electric scooter market is segmented into sealed lead acid, Li-Ion, NiMH, and others. Moreover, self-balancing is the largest product segment, accounting for over 33.6% share of the global electric scooter market in 2017, while, retro scooter is projected to be the fastest growing product segment and expected to grow at a CAGR of 6.12% in terms of revenue during the forecast period.

Regional Dynamics

North America is expected to dominate the global electric scooter market in 2017 and the trend is expected to remain the same during 2018-2025. This is due to the various factors such as increasing awareness among the populous towards pollution and the other environment factors such as noise pollution, carbon footprints among others, strict implementation of government laws and growing R&D activities in developing ways to make manufacturing process simpler and unhazardous. The California government has targeted to have a unit number of 1.5 million zero emission vehicles by 2025. The United States is expected to emerge as a dominating country with introduction various products as large producers of electric scooter such as Gogoro Inc., and Mahindra GenZe among others.