Market Forecast By Vehicle (E-Scooters/Mopeds & E-Motorcycles, E-Motorcycles), By Battery (Lead Acid & Li-Ion), By Voltage (36V, 48V, 60V, 72V, Above 72V) And Competitive Landscape
Product Code: ETC4572696 | Publication Date: Jul 2023 | Updated Date: Dec 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 3 | |
Report Name | Australia Electric Scooter Market |
Forecast period | 2025-2031 |
CAGR | 5.8% |
Growing Sector | Transport |
Australia Electric Scooter Market report thoroughly covers the market by vehicle, battery and Voltage. The market outlook 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.
Australia Electric Scooter Market is likely to grow in the forecast period due to evolving urban transport needs, environmental considerations, and technological advancements. With the government's increasing commitment to sustainable transportation and the growing consumer awareness about environmental issues, electric scooters are expected to become an integral part of Australia's urban mobility landscape. We anticipate further regulatory reforms to enhance safety standards and infrastructure development, facilitating safer and more efficient use of e-scooters. Additionally, the advent of innovative technologies such as longer battery life, IoT integration for improved navigation and security, and more robust designs will likely boost consumer confidence and adoption rates. The market is also poised to witness enhanced competition as more players enter the fray, offering a wider range of options to consumers and potentially driving prices down. In summary, the electric scooter market in Australia is on the cusp of significant growth and transformation, promising to make a substantial impact on how Australians travel within urban settings.
According to 6Wresearch, the Australia Electric Scooter Market size is projected to grow at the CAGR of 5.8 % during the forecast period of 2025-2031. The main driver for the growth of the electric scooter market in Australia is the increasing awareness about environmental sustainability. Electric scooters produce zero emissions and have a lower carbon footprint compared to traditional gas-powered vehicles. This makes them an attractive option for eco-conscious consumers. Another major factor driving the market is the rising cost of fuel. With gasoline prices on the rise, consumers are looking for alternative modes of transportation that are more cost-effective in the long run. Electric scooters offer a cheaper and more efficient way to travel shorter distances. There are also several notable trends shaping the electric scooter market in Australia. One trend is the increasing popularity of ride-sharing services using electric scooters. Several Companies have launched e-scooter rental programs in major cities, providing consumers with a convenient and affordable way to use electric scooters without the need for ownership. Another trend is the integration of technology into e-scooters. Many newer models come equipped with features such as smartphone connectivity, GPS tracking, and even artificial intelligence capabilities. These technological advancements not only enhance the user experience but also improve safety and efficiency. Despite its growth potential, there are some challenges facing the electric scooter market in Australia. One major challenge is regulations and restrictions surrounding the use of electric scooters on public roads. Currently, there is no nationwide legislation in place for the use of e-scooters, leading to confusion and varying regulations across different states and territories. Another challenge is infrastructure which has led to major decline in the Australia Electric Scooter Market Share. In order for electric scooters to truly take off as a mode of transportation, there needs to be sufficient charging stations and dedicated lanes for their use. This requires significant investments and coordination between private companies, government bodies, and city planners.
The Australian government has started recognizing the potential of electric scooters in transforming urban mobility and reducing carbon emissions. Various states and territories are beginning to introduce pilot schemes and policy frameworks tailored to electric scooter use. For instance, Queensland has taken proactive steps by implementing trials for e-scooter rentals in select urban areas, aimed at assessing their impact on public transport systems and safety regulations. Similarly, the Victorian Government has been exploring amendments to road traffic regulations to accommodate electric scooters, demonstrating a commitment to integrating them into the urban transport mix.
The Electric scooter market in Australia is competitive, with several key players vying for dominance. Lime and Neuron are at the forefront, having launched extensive e-scooter rental services across major Australian cities. These companies have played a pivotal role in popularizing e-scooter usage by providing accessible and affordable transportation options. Xiaomi and Segway-Ninebot, renowned for their consumer electric scooters, dominate the retail segment. These brands are preferred for their cutting-edge technology, durability, and user-friendly designs. The market is also witnessing the emergence of local startups that are innovating in the space, further intensifying competition.
The future of the Australia electric scooter Industry looks promising, driven by evolving urban transport needs, environmental considerations, and technological advancements. With the government's increasing commitment to sustainable transportation and the growing consumer awareness about environmental issues, electric scooters are expected to become an integral part of Australia's urban mobility landscape. We anticipate further regulatory reforms to enhance safety standards and infrastructure development, facilitating safer and more efficient use of e-scooters. Additionally, the advent of innovative technologies such as longer battery life, IoT integration for improved navigation and security, and more robust designs will likely boost consumer confidence and adoption rates.
According to Dhaval, Research Manager, 6Wresearch, the segment expected to experience the most growth is E-Scooters/Mopeds & E-Motorcycles, as they are more affordable and accessible for a wider range of consumers.
The segment expected to experience the highest growth in Australia's electric scooter market is the 60V range. This is due to advancements in battery technology, allowing for longer distances and more powerful motors within this voltage range, making it a popular choice among consumers.
The report offers a comprehensive study of the subsequent market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Australia Electric Scooter Market Overview |
3.1 Australia Country Macro Economic Indicators |
3.2 Australia Electric Scooter Market Revenues & Volume, 2021 & 2031F |
3.3 Australia Electric Scooter Market - Industry Life Cycle |
3.4 Australia Electric Scooter Market - Porter's Five Forces |
3.5 Australia Electric Scooter Market Revenues & Volume Share, By Vehicle, 2021 & 2031F |
3.6 Australia Electric Scooter Market Revenues & Volume Share, By Battery, 2021 & 2031F |
3.7 Australia Electric Scooter Market Revenues & Volume Share, By Voltage, 2021 & 2031F |
4 Australia Electric Scooter Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Australia Electric Scooter Market Trends |
6 Australia Electric Scooter Market, By Types |
6.1 Australia Electric Scooter Market, By Vehicle |
6.1.1 Overview and Analysis |
6.1.2 Australia Electric Scooter Market Revenues & Volume, By Vehicle, 2021 - 2031F |
6.1.3 Australia Electric Scooter Market Revenues & Volume, By E-Scooters/Mopeds & E-Motorcycles, 2021 - 2031F |
6.1.4 Australia Electric Scooter Market Revenues & Volume, By E-Motorcycles, 2021 - 2031F |
6.2 Australia Electric Scooter Market, By Battery |
6.2.1 Overview and Analysis |
6.2.2 Australia Electric Scooter Market Revenues & Volume, By Lead Acid & Li-Ion, 2021 - 2031F |
6.3 Australia Electric Scooter Market, By Voltage |
6.3.1 Overview and Analysis |
6.3.2 Australia Electric Scooter Market Revenues & Volume, By 36V, 2021 - 2031F |
6.3.3 Australia Electric Scooter Market Revenues & Volume, By 48V, 2021 - 2031F |
6.3.4 Australia Electric Scooter Market Revenues & Volume, By 60V, 2021 - 2031F |
6.3.5 Australia Electric Scooter Market Revenues & Volume, By 72V, 2021 - 2031F |
6.3.6 Australia Electric Scooter Market Revenues & Volume, By Above 72V, 2021 - 2031F |
7 Australia Electric Scooter Market Import-Export Trade Statistics |
7.1 Australia Electric Scooter Market Export to Major Countries |
7.2 Australia Electric Scooter Market Imports from Major Countries |
8 Australia Electric Scooter Market Key Performance Indicators |
9 Australia Electric Scooter Market - Opportunity Assessment |
9.1 Australia Electric Scooter Market Opportunity Assessment, By Vehicle, 2021 & 2031F |
9.2 Australia Electric Scooter Market Opportunity Assessment, By Battery, 2021 & 2031F |
9.3 Australia Electric Scooter Market Opportunity Assessment, By Voltage, 2021 & 2031F |
10 Australia Electric Scooter Market - Competitive Landscape |
10.1 Australia Electric Scooter Market Revenue Share, By Companies, 2024 |
10.2 Australia Electric Scooter Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |