Press release
Global Electric Kick Scooter Market: Exponential Growth, Key Trends, and Forecast 2024-2029
Electric Kick Scooter Market Share
• The electric kick scooter market size in 2024 was $3.33 billion, rapidly expanding to $3.77 billion in 2025 with a compound annual growth rate (CAGR) of 13.4%.
• Key factors driving this growth include last-mile transportation solutions, urbanization, environmental sustainability, government initiatives, and increased consumer demand for tech-enabled mobility.
• The electric kick scooter market size is forecasted to experience rapid growth, reaching $6.34 billion in 2029 with an impressive CAGR of 13.8%.
• Trends expected to propel this growth in the forecast period include innovation in design and features, expansion of micro-mobility services, evolving infrastructure support, integration with public transportation, and rising concerns about air quality.
What Is Driving The Growth In The Electric Kick Scooter Market?
The growth of the electric kick scooter market can be primarily attributed to the surge in popularity of electric vehicles. Electric vehicles, which are run by an electric motor powered by a battery that can be externally charged, offer a safe, practical, and environmentally friendly alternative to other forms of transportation. Their increasing popularity is understandably propelling the growth of the electric kick scooter market. According to projections by the France-based International Energy Agency, sales of electric cars, which reached over 10 million globally in 2022, are expected to increase by 35% this year, reaching 14 million. By 2030, electric vehicles are forecasted to eliminate the need for at least 5 million barrels of oil per day, further solidifying the position of the electric kick scooter market.
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Who Are the Key Players Driving Electric Kick Scooter Market Growth?
The following companies are making major contributions in the electric kick scooter market:
• Accell Group
• Trek Bicycle Corporation
• Jiangsu Xinri E-Vehicle Co Ltd.
• YADEA Technology Group Co Ltd.
• Rad Power Bikes, Govecs AG
• Xiaomi Corporation
• Segway Inc.
• Razor USA LLC
• Swagtron
• Blix Electric Bikes
• Dualtron
• iconBIT Ltd.
• Gyroor
• E-TWOW Scooters
• Globber Scooters
• Hiboy
• NIU Technologies
• Inokim Inc.
• Apollo Scooters Co.
• GOTRAX
• Levy Electric Scooters
• Kaabo
• EMOVE
• Evercross
• Evolv Rides
• Fiido
• Fluid Freeride
• Gpad
• Zhejiang Okai Vehicle Co. Ltd.
What Are The Key Trends In The Electric Kick Scooter Market?
Key trends in the electric kick scooter market include:
• Expansion of micro mobility services
• Integration of smart technologies
• Enhanced battery technologies
• Collaborations with ride-hailing services
• Customization and personalization
What Are The Segments Of The Global Electric Kick Scooter Market?
The electric kick scooter market is segmented by:
1) Type: Foldable Kick Scooters, Off-Road Kick Scooters, All-Terrain Kick Scooters, Three-Wheel Kick Scooters, Other Types
2) Battery Type: Sealed Lead Acid (SLA), Lithium Ion (Li-Ion), Other Battery Types
3) Voltage: Less Than 25V, 25V To 50V, More Than 50V
4) Application: Personal, Rental
5) End User: Kids, Adults
Which Region Leads The Electric Kick Scooter Market?
In 2024, Europe was the largest region in the electric kick scooter market, however, the Asia-Pacific region is expected to experience the fastest growth during the forecast period. Regions covered in this report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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What Is Covered In The Electric Kick Scooter Market Global Market Report?
- Market Size Analysis: Analyze the Electric Kick Scooter Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Electric Kick Scooter Market for effective categorization.
- Key Player Focus: 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 Electric Kick Scooter Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Electric Kick Scooter Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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