Press release
Scooter Global Market Report 2025: Substantial Growth and Key Driving Factors
What Is The Projected Market Size Of The Global Scooter Market And Its Growth Rate?
The global scooter market is presently experiencing a significant uptrend, culminating in a steady increase in market size and overall growth rate:
•The scooter market has grown from $72.93 billion in 2024 to an expected size of $78.06 billion in 2025, projecting a CAGR of 7.0%.
•Attributed to urbanization, rising fuel prices, environmental concerns, and lifestyle changes, this growth trend is set to continue into the foreseeable future.
•By 2029, the scooter market size is predicted to rise to $102.71 billion, recording a CAGR of 7.1%.
•Driving factors for such expansion include smart connectivity features, scooter-sharing services, sustainable manufacturing, consumer customization options, and advanced scooter design.
What Is Driving The Growth In The Scooter Global Market Report 2025?
The scooter market continues to be driven by significant investment in road construction. With smoother, obstruction-free roads allowing for improved scooter efficiency, many countries are capitalizing on the construction of transport facilities. A notable example is the Indian Ministry of Road Transport and Highways receiving $13.14 billion from the government for the construction of roads and highways. As such, the scooter market is projected to benefit from increased investment in infrastructure.
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Who Are the Key Players Driving Scooter Global Market Report 2025 Growth?
Key players in the scooter market include:
•Yadea Technology Group Co. Ltd.
•Ninebot Limited
•Neutron Holdings Inc.
•Bird Rides Inc.
•Honda Motor Co. Ltd.
•Yamaha Motor Pvt. Ltd.
•Piaggio & C SpA
•Suzuki Motor Corporation
•Hero MotoCorp Ltd.
•Bajaj Auto Ltd.
•TVS Motor Company Ltd.
•Mahindra & Mahindra Ltd.
•Kawasaki Heavy Industries Ltd.
•Sanyang Motor Co. Ltd.
•Gogoro Inc.
•NIU Technologies
•Segway Inc.
•Razor USA LLC
•Okinawa Autotech Pvt. Ltd.
•Ather Energy Pvt. Ltd.
•Ampere Electric Vehicles Pvt Ltd.
•Revolt Intellicorp Pvt. Ltd.
•Ola Electric Mobility Pvt. Ltd.
•Zhongneng Vehicle Group Co. Ltd.
•Baotian Motorcycle Industrial Co. Ltd.
•Bashan Motorcycle Manufacturing Co. Ltd.
What Are The Key Trends In The Scooter Global Market Report 2025?
Key trends shaping the scooter market include:
•Integration of smart features, with lightweight and compact designs
•Technological advancements
•Evolving consumer preferences towards eco-friendly options
•Integration of advanced safety features
•Innovations in charging infrastructure
•Collaborations with ride-hailing platforms
What Are The Segments Of The Global Scooter Global Market Report 2025?
There are numerous ways to segment the global scooter market, including:
1) By Product Type: Electric Scooters, Gas Scooters, Kick Scooters
2) By Application: Commercial, Individual
Which Region Leads The Scooter Global Market Report 2025?
In 2024, the Asia-Pacific region held the majority share in the scooter market. This trend is projected to continue, with Asia-Pacific expected to be the fastest-growing region in the global scooter market. Regions included in the market report comprise Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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What Is Covered In The Scooter Global Market Report 2025 Global Market Report?
- Market Size Analysis: Analyze the Scooter Global Market Report 2025 size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Scooter Global Market Report 2025 for effective categorization.
- Key Player Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Scooter Global Market Report 2025 growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Scooter Global Market Report 2025.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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