Electric Scooter Market is predicted to reach USD 40.37 billion at a CAGR of 7.00% during the forecast period

Market Research Future (MRFR) has published a cooked research report on the “Electric Scooter Market” that contains information from 2018 to 2030. The Electric Scooter Market is estimated to register a CAGR of 7.00% during the forecast period of 2024 to 2030.

MRFR recognizes the following companies as the key players in the global Electric Scooter Market — Gogoro Inc. (Taiwan), Vmoto Limited (Australia), Terra Motors Corporation (Japan), Jiangsu Xinri Electric Vehicle Co. Ltd. (China), Torrot Group (Spain), and Ather Energy (India).

Market Highlights

The global Electric Scooter Market is accounted to register a CAGR of 7.00% during the forecast period and is estimated to reach USD 40.37 billion by 2030.

the electric scooter market was experiencing significant growth and rapid expansion in many parts of the world. Electric scooters, also known as e-scooters, are battery-powered vehicles that have gained popularity as a convenient and eco-friendly mode of transportation for short distances, especially in urban areas. These scooters are often dockless and can be rented using smartphone apps.

Segment Analysis

The global Electric Scooter Market has been segmented based Battery Type, Voltage.

The market segmentation, based on battery type, includes sealed lead acid, Li-Ion, and Ni-MH. According to market statistics, the sealed lead acid segment held the majority share in 2021, contributing to around 60% of the electric scooters market revenue. Due to its durability and cost-effective advantages, the sealed lead-acid battery sector dominated the market in 2021 with a sizeable market share. These batteries are rechargeable and can be fully charged 300 times before needing to be replaced. They are heavier than NiMH and Li-Ion batteries and have the shortest lifespan.

According to the market outlook, the market is segmented into 36V, 24V, 48V, and more than 48V based on voltage. Voltage-wise, the 36V sector dominated the market data in 2021. These batteries provide excellent power output and compatibility with e-scooters, which is anticipated to drive the segment's expansion. Li-Ion and NiMH batteries are primarily employed to meet the need for batteries used in 36V systems because of their much more compact designs, faster charging times, and lack of toxic chemical emissions compared to sealed lead-acid batteries. Hence, increased utilization of 36V batteries positively impacts the electric scooters market growth in 2021.

Browse In-depth Details [Table of Content, List of Figures, List of Tables] of E-Scooters Market Research Report

Regional Analysis

The global Electric Scooter Market, based on region, has been divided into North America, Europe, Asia-Pacific, and the Rest of the World. Asia-Pacific e-scooters market accounted for USD 10.15 billion in 2021 and is expected to exhibit a 43.20% market CAGR during the study period. According to the market report, this is attributed to the growing demand for e-scooters and motorcycles in the Asia-Pacific countries, including China, India, Japan, and others, as well as a supportive government initiative across the region. Further, the major countries studied in the market report are The U.S, Canada, Germany, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.

the Asia-Pacific electric scooters market had the highest revenue. The bulk of electric scooter manufacturers ly is from China, Japan, and Taiwan, making up the largest percentage. The largest e-scooters importer, manufacturer, and exporter in the world right now is China. Major China e-scooters market participants, including AIMA Group, Yadea, Jiangsu Xinri Electric Vehicle Co., Ltd., Zhejiang Luyuan, and Niu International, are all based in China. Further, the China e-scooters market held the largest share, and the India e-scooters market was the fastest-growing market in the European period. It is anticipated that increasing investments in infrastructure for electric scooter charging and region

North America E-Scooters market is expected to have a significant CAGR in during the forecast research assistance for cutting-edge high-density batteries would help regional growth overall. For instance, Revel introduced 68 MUVI electric scooter made by the Spanish business Torrot when it entered the U.S. market with a USD 27.6 million investment. Further, the United States e-scooters market held the largest share, and the Canada e-scooters market was the fastest growing market in the North American region.

Key Findings of the Study

• The global Electric Scooter Market is expected to reach USD 40.37 billion by 2030, at a CAGR of 7.00% during the forecast period.


• North America E-Scooters market is expected to have a significant CAGR in during the forecast period. It is anticipated that increasing investments in infrastructure for electric scooter charging and research assistance for cutting-edge high-density batteries would help regional growth overall.


• The market segmentation, based on battery type, includes sealed lead acid, Li-Ion, and Ni-MH. According to market statistics, the sealed lead acid segment held the majority share in 2021, contributing to around 60% of the electric scooters market revenue.  


• Gogoro Inc. (Taiwan), Vmoto Limited (Australia), Terra Motors Corporation (Japan), Jiangsu Xinri Electric Vehicle Co. Ltd. (China), Torrot Group (Spain), and Ather Energy (India).