Electric Scooters Market (2025-2031) | Value, Analysis, Growth, Share, Forecast, Revenue, Outlook, Trends, Size, Companies & Industry

Electric Scooters Market Highlights

Report Name	Electric Scooters Market
Report Category / Coverage	Global
CAGR	7%
Market Size	USD 42 Billion by 2031
Growing Sector	Urban transportation
Forecast Period	2025-2031

Topics Covered in the Electric Scooters Market Report

Electric Scooters Market report thoroughly covers the by product type, by battery type, by voltage type and by region. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Electric Scooters Market Size Analysis

The Electric Scooters Market has been experiencing significant growth over the past few years. As of 2024, the global market is valued at approximately $24 billion. Further, the Global Market is projected to expand at a CAGR of 7% from 2024 to 2030. Additionally, by 2030, the market size is expected to reach around $42 billion.

Electric Scooters Market Synopsis

The electric scooters market has been experiencing rapid growth due to increasing urbanization and the demand for sustainable modes of transportation. These scooters offer a convenient, eco-friendly alternative to traditional gasoline-powered vehicles, especially for short-distance travel in crowded city environments. With advancements in battery technology, electric scooters are becoming more efficient and affordable, boosting their popularity among commuters and businesses alike. Additionally, supportive government regulations and the rise of shared mobility services are further propelling market expansion.

According to 6Wresearch, the Electric Scooters Market revenue is expected to reach at a significant CAGR of 7% during the forecast period 2025-2031. Increasing urbanization and the need for efficient, eco-friendly transportation solutions have made electric scooters an attractive option for many commuters. Additionally, advancements in battery technology have improved the range and speed of these vehicles, making them more practical for daily use. Governments worldwide are also implementing policies and incentives to promote electric vehicle adoption, further propelling market growth.

One significant issue is the infrastructure required for charging and storage, which is still underdeveloped in many urban areas. Additionally, safety concerns due to inadequate regulations and user behaviour can deter potential users. Finally, the market must contend with the environmental impact of battery disposal and recycling, which poses a long-term sustainability challenge that needs to be addressed. For the market to thrive, these challenges must be effectively managed alongside ongoing technological developments.

Electric Scooters Market Trends

• Environmental Concerns Driving Demand – As concerns about environmental sustainability and carbon footprints grow, more consumers and cities are veering towards eco-friendly transportation options like electric scooters. In addition, many electric scooters are produced with recyclable materials and emit minimal greenhouse gases, making them a more environmentally friendly choice compared to traditional gasoline-powered vehicles.
• Technological Advancements – Innovations in battery life and charging efficiency have significantly enhanced the usability of electric scooters, making them more appealing to a broader demographic. Additionally, the integration of GPS and smartphone apps has made renting and riding electric scooters a seamless experience.
• Regulatory Developments - Governments and local authorities worldwide are progressively introducing regulations to ensure the safe integration of electric scooters into public roadways, impacting market dynamics.

Investment Opportunities in the Electric Scooters Market

• Competitive Landscape – A growing number of companies are entering the electric scooter market, leading to increased competition and innovation. This dynamic environment can present lucrative opportunities for investors willing to cater to specific niches or enhance scooter features.
• Challenges and Risks – Despite the promising outlook, the market does face challenges, such as regulatory uncertainties and concerns about safety and infrastructure. Investors need to consider these factors when exploring opportunities in the electric scooter market.
• Government Support - Many governments are offering subsidies and incentives to promote the adoption of electric vehicles, including scooters. These policies are designed to reduce urban traffic congestion and pollution, creating a favorable environment for market investment.

Leading Players of the Electric Scooters Market

Companies such as Xiaomi, NIU Technologies, and Segway-Ninebot are leading the charge, known for their high-performance models and cutting-edge technology. Lime and Bird have also made significant impacts, particularly in the urban transportation sector, by popularizing scooter-sharing services that offer eco-friendly transit solutions. Furthermore, the European brand Micro Mobility Systems and the Indian company Ather Energy are gaining recognition for their innovative designs and sustainable approaches. These leading players have paved the way for a more sustainable future, inspiring both consumer and business interest towards more environmentally friendly modes of transportation.

Government Regulations Introduced in the Electric Scooters Market

The rapid growth of the electric scooter market has prompted various governments around the world to introduce a series of regulations aimed at ensuring safety and managing public spaces more effectively. Many cities have implemented speed limits for electric scooters, often capping speeds at around 15 to 20 miles per hour to reduce the risk of accidents. Additionally, helmet laws have been enforced in some regions to enhance rider safety. To address the challenge of cluttered sidewalks, certain municipalities have designated specific parking zones for scooters or implemented geofencing technology to control where scooters may be ridden and parked.

Future Insights of the Electric Scooters Market

The electric scooter market is poised for significant growth in the coming years, driven by technological advancements and rising urbanization. As cities become more congested, the demand for efficient, environmentally friendly transportation solutions is escalating, positioning electric scooters as a popular alternative. The integration of smart technology, such as IoT and AI, in scooters is expected to enhance user experience by providing features like real-time tracking and predictive maintenance. Moreover, the increasing focus on reducing carbon footprints globally is likely to boost government initiatives that encourage the adoption of electric scooters, further accelerating market expansion.

Market Segmentation Analysis

The report offers a comprehensive study of the subsequent market segments and their leading categories.

Folding to Dominate the Market - By product type

According to Ravi Bhandari, Research Head, 6wresearch, the folding electric scooter market has been rapidly expanding, driven by a growing demand for convenient and eco-friendly urban transportation solutions. These scooters cater to commuters seeking a compact and portable option for navigating congested city streets. The appeal of folding electric scooters lies in their ability to collapse into smaller sizes, making them easy to carry on public transit or store in tight spaces such as offices or apartments. As cities around the world continue to encourage sustainable commuting options, folding electric scooters are gaining popularity for their ability to reduce carbon footprints while offering a practical solution for the last-mile connectivity challenge.

Lithium-ion to dominate the market - By Battery type

The lithium-ion battery has emerged as a cornerstone in the electric scooter market, driving the adoption of sustainable urban transportation. Known for their high energy density, lithium-ion batteries offer longer range and faster charging times compared to traditional lead-acid batteries, making them an ideal power source for electric scooters. As consumer demand for efficient and eco-friendly transport solutions grows, manufacturers are increasingly focused on advancing lithium-ion technology to enhance performance and safety. Additionally, ongoing improvements in battery recycling and second-life applications are helping to address environmental concerns, further solidifying lithium-ion's role in the future of electric mobility.

36 V to dominate the market – By voltage type

the 36V power system has become a standard for many models due to its balance between performance and efficiency. A 36V battery allows scooters to achieve a reasonable range and speed, making them ideal for urban commutes. This voltage level supports moderate power output, ensuring a smooth ride while maintaining safety. As battery technology improves, 36V systems continue to increase in efficiency, offering longer lifespan and faster charging times. Consumers often find 36V scooters appealing not only for their power but also for their cost-effectiveness, making them a popular choice among both environmentally conscious riders and those seeking convenient personal transportation.

APAC to dominate the market – By region

The APAC region (Asia-Pacific) is a pivotal player in the electric scooter market, significantly influencing global trends and growth trajectories. With countries like China and India at the forefront due to their high population density and growing urbanization, the demand for sustainable and efficient modes of transportation is on the rise. Governments across the region are implementing favorable policies and incentives to encourage the adoption of electric vehicles, including scooters, as a means to combat pollution and reduce dependence on fossil fuels.

Key Attractiveness of the Report

• 10 Years of Market Numbers.
• Historical Data Starting from 2021 to 2024.
• Base Year: 2024
• Forecast Data until 2031.
• Key Performance Indicators Impacting the market.
• Major Upcoming Developments and Projects.

Key Highlights of the Report:

• Electric Scooters Market Outlook
• Market Size of Electric Scooters Market, 2024
• Forecast of Electric Scooters Market, 2031
• Historical Data and Forecast of Electric Scooter Revenues & Volume for the Period 2021 - 2031
• Electric Scooters Market Trend Evolution
• Electric Scooters Market Drivers and Challenges
• Electric Scooter Price Trends
• Electric Scooter Porter's Five Forces
• Electric Scooter Industry Life Cycle
• Historical Data and Forecast of Electric Scooters Market Revenues & Volume By Regions for the Period 2021 - 2031
• Historical Data and Forecast of Electric Scooters Market Revenues & Volume By Asia Pacific for the Period 2021 – 2031
• Historical Data and Forecast of Electric Scooters Market Revenues & Volume By North America for the Period 2021 - 2031
• Historical Data and Forecast of Electric Scooters Market Revenues & Volume By Latin America for the Period 2021 - 2031
• Historical Data and Forecast of Electric Scooters Market Revenues & Volume By Middle East for the Period 2021 – 2031
• Historical Data and Forecast of Electric Scooters Market Revenues & Volume By Africa for the Period 2021 - 2031
• Historical Data and Forecast of Electric Scooters Market Revenues & Volume By Europe for the Period 2021 – 2031
• Historical Data and Forecast of Electric Scooters Market Revenues & Volume By Product Type for the Period 2021 - 2031
• Historical Data and Forecast of Electric Scooters Market Revenues & Volume By Retro for the Period 2021 - 2031
• Historical Data and Forecast of Electric Scooters Market Revenues & Volume By Standing/Self-balancing for the Period 2021 – 2031
• Historical Data and Forecast of Electric Scooters Market Revenues & Volume By Folding for the Period 2021 – 2031
• Historical Data and Forecast of Electric Scooters Market Revenues & Volume By Battery Type for the Period 2021 – 2031
• Historical Data and Forecast of Electric Scooters Market Revenues & Volume By Sealed Lead Acid for the Period 2021 – 2031
• Historical Data and Forecast of Electric Scooters Market Revenues & Volume By Nimh for the Period 2021– 2031
• Historical Data and Forecast of Electric Scooters Market Revenues & Volume By li-Ion for the Period 2021 – 2031
• Historical Data and Forecast of Electric Scooters Market Revenues & Volume By Voyage Type for the Period 2021– 2031
• Historical Data and Forecast of Electric Scooters Market Revenues & Volume By 24V Type for the Period 2021– 2031
• Historical Data and Forecast of Electric Scooters Market Revenues & Volume By 36V Type for the Period 2021– 2031
• Historical Data and Forecast of Electric Scooters Market Revenues & Volume By 48V Type for the Period 2021– 2031
• Historical Data and Forecast of Electric Scooters Market Revenues & Volume By Greater Than 48 V Type for the Period 2021– 2031
• Electric Scooters Market - Key Performance Indicators
• Electric Scooters Market - Import Export Trade Statistics
• Electric Scooters Market - Opportunity Assessment By Regions
• Electric Scooters Market - Opportunity Assessment By Product Type
• Electric Scooters Market - Opportunity Assessment By Battery Type 
• Electric Scooters Market - Opportunity Assessment By Voyage Type 
• Electric Scooters Market - Top Companies Market Share
• Electric Scooters Market - Top Companies Profiles
• Electric Scooters Market - Comparison of Players in Technical and Operating Parameters
• Electric Scooters Market - Strategic Recommendations

Market Covered

The market report has been segmented and sub segmented into the following categories:

By Regions

• Asia Pacific
• Africa
• Middle East
• Latin America
• North America
• Europe

By Product Type

• Retro
• Standing/Self-Balancing
• Folding

By Battery Type

• Sealed Lead Acid
• Nimh
• Li-Ion

By Voltage Type

• 24V
• 36V
• 48V
• Greater Than 48V