Press release
Electric Kick Scooter Market Anticipated To Witness Robust Growth, Surpassing $6.34 Billion By 2029
Electric Kick Scooter
What Is the Current Electric Kick Scooter Market Size and Its Estimated Growth Rate?
Over the past few years, the size of the electric kick scooter market has seen substantial growth. From $3.33 billion in 2024, it is predicted to climb to $3.77 billion in 2025, with a compound annual growth rate (CAGR) of 13.4%. This historic growth is a result of factors such as a solution for last-mile transportation, increased urbanization, environmental sustainability considerations, government policies, and a surge in consumer demand for technology-driven mobility.
In the coming years, the electric kick scooter market is predicted to experience swift expansion, reaching $6.34 billion by 2029 with a 13.8% compound annual growth rate (CAGR). Factors contributing to the predicted surge during the forecast period include advancements in design and features, expansion of micro-mobility services, improvements in infrastructure support, integration with public transportation, and increasing anxiety about air quality. Key trends during this forecast period are expected to be the broadening of micro-mobility services, the inclusion of intelligent technologies, advancements in battery technologies, partnerships with ride-hailing services, and an emphasis on customization and personalization.
Purchase the full report for exclusive industry analysis:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=12114
How Are Emerging Segments Shaping the Electric Kick Scooter Market Landscape?
The electric kick scooter market covered in this report is segmented -
1) By Type: Foldable Kick Scooters, Off-Road Kick Scooters, All-Terrain Kick Scooters, Three-Wheel Kick Scooters, Other Types
2) By Battery Type: Sealed Lead Acid (SLA), Lithium Ion (Li-Ion), Other Battery Types
3) By Voltage: Less Than 25V, 25V To 50V, More Than 50V
4) By Application: Personal, Rental
5) By End User: Kids, Adults
Subsegments:
1) By Foldable Kick Scooters: Compact Foldable Scooters, Lightweight Foldable Scooters
2) By Off-Road Kick Scooters: Heavy-Duty Off-Road Scooters, Mid-Range Off-Road Scooters
3) By All-Terrain Kick Scooters: All-Terrain Electric Scooters With Suspension, All-Terrain Scooters For Urban Use
4) By Three-Wheel Kick Scooters: Adult Three-Wheel Scooters, Kids Three-Wheel Scooters
5) By Other Types: High-Speed Electric Scooters, Luxury Electric Scooters, Electric Scooters With Seats
Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=12114&type=smp
Which Growth Factors Are Influencing Electric Kick Scooter Market Expansion?
The increasing trend towards electric vehicles is predicted to significantly contribute to the expansion of the electric kick scooter sector. Electric Vehicles (EVs) are defined as vehicles that utilize an electric motor for propulsion, drawing energy from a rechargeable battery. Electric kick scooters are regarded as safer, more practical, easy to handle, and environmentally friendly as compared to their counterparts. For example, the International Energy Agency, based in France, reported that more than 10 million electric cars were sold worldwide in 2022. The sales are anticipated to grow by 35% in 2023, amounting to 14 million. While the internal combustion engine has been the primary choice for over a hundred years, the emergence of electric vehicles is initiating a shift in the dynamics. By the end of 2030, it is projected that electric vehicles could potentially reduce the requirement for approximately 5 million barrels of oil every day. Thus, the rising appeal of electric vehicles is propelling the expansion of the electric kick scooter market.
Who Are the Dominant Players Across Different Electric Kick Scooter Market Segments?
Major companies operating in the electric kick scooter market include 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 Latest Developing Trends in the Electric Kick Scooter Market?
Technological advancements are emerging as a primary trend in the realm of electric kick scooters. To maintain their competitiveness, most leading companies in this sector are investing in new technologies. In September 2023, NIU, an electric kick scooter company from China, spearheaded the launch of two distinctive carbon fiber scooters: the KQi Air X and the KQi Air. These advanced carbon fiber scooters will redefine the ultra-light electric scooter market by setting fresh industry standards and is a reflection of NIU's commitment towards quality, innovation, and environmental sustainability. The KQi Air X with a total weight of 25.8 pounds and a 100% carbon fiber frame, and the KQi Air, weighing 26.2 pounds with a frame composed of carbon fiber (70%) and magnesium (30%). Capable of reaching a top speed of 20 mph, and covering a distance of 31 miles with a maximum power of 700 watts, these lightweight scooters offer a thrilling and efficient mode of transport, whether it's navigating through congested traffic, cruising in the city, or handling a 20% incline for hill climbs.
Get the full report for exclusive industry analysis:
https://www.thebusinessresearchcompany.com/report/electric-kick-scooter-global-market-report
Which Geographic Regions Are Expected to Dominate the Electric Kick Scooter Market in the Coming Years?
Europe was the largest region in the electric kick scooter market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the electric kick scooter market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Electric Kick Scooter Market?
2. What is the CAGR expected in the Electric Kick Scooter Market?
3. What Are the Key Innovations Transforming the Electric Kick Scooter Industry?
4. Which Region Is Leading the Electric Kick Scooter Market?
Why This Report Matters:
Competitive overview: This report analyzes the competitive landscape of the 3D imaging software market, evaluating key players on market share, revenue, and growth factors.
Informed Decisions: Understand key strategies related to products, segmentation, and industry trends.
Efficient Research: Quickly identify market growth, leading players, and major segments.
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Electric Kick Scooter Market Anticipated To Witness Robust Growth, Surpassing $6.34 Billion By 2029 here
News-ID: 3996927 • Views: …
More Releases from The Business Research Company
Top Market Shifts Transforming the Rainwater Harvesting Systems Market Landscape …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Rainwater Harvesting Systems Market Through 2025?
Over the past few years, there has been substantial growth in the market size of rainwater harvesting systems. The industry, which was valued at $1.94 billion in 2024, is predicted to rise to $2.07 billion by…
Live Concerts Fueling Surge In Percussion Instruments Market Growth: Transformat …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Will the Percussion Instruments Industry Market Size Be by 2025?
Over the past few years, the market size of percussion instruments has examined a steady rise. With an increase from $1.44 billion in 2024 to $1.47 billion in 2025, it expects a Compound Annual Growth Rate (CAGR) of…
Emerging Trends to Drive Hydraulic Equipment Market Growth at 3.5% CAGR Through …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Hydraulic Equipment Market Size Growth Forecast: What to Expect by 2025?
The size of the hydraulic equipment market has consistently increased in the past few years. Projections show that it will rise from $45.21 billion in 2024 to $46.86 billion in 2025, recording a compound annual growth rate (CAGR)…
Emerging Trends to Reshape the Fishing Drones Market: Innovative Advancement In …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Fishing Drones Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The market size of fishing drones has seen a swift increase in the past few years. An expansion from $0.89 billion in 2024 to $0.99 billion in 2025, representing a compound annual growth rate (CAGR)…
More Releases for Scooter
IScooter Global Expands E-Scooter Lineup with Advanced Xiaomi Electric Scooter
Image: https://lh7-rt.googleusercontent.com/docsz/AD_4nXcm9IesL76K0yLjyb4SH3-6j0YlqVg79BVloAtfHZpkvk0Bb_RQB4euNrHVvMZUunhxhm2UlJmBuLyuQFbABWMMoeaHgSBk0u5-ooLylfugBwd21HduNMGJL55EmJywq8Q?key=dSnSajV_2aers0EFGDsxBw
In today's fast-paced citis, gtting around has bcom mor about convninc, co-frindlinss, and affordability. That's whr th Xiaomi Elctric Scootr stps in. If you'r tird of sitting in traffic, ovrspnding on ful, or simply want a grnr way to move, you'r going to love what Xiaomi offers. You can find mor dtails and pricing options here [https://www.iscooterglobal.co.uk/collections/electric-scooter].
Why Xiaomi? What Sts It Apart
When it comes to lctric scootrs, Xiaomi isn't…
Scooter Market Report 2024 - Scooter Market Growth, Share, And Opportunities
"The Business Research Company recently released a comprehensive report on the Global Scooter Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry.
Ready to Dive into Something Exciting? Get Your Free Exclusive Sample of…
Scooter For Kids | MYFLYI
Scooter for Kids | MYFLYI
Let your child zoom around in style with the MYFLYI Kid's Scooter! Designed for fun and safety, this sturdy scooter is perfect for little adventurers aged 3 and up. The vibrant colors and sleek design make it a favorite for playtime, while the durable frame ensures long-lasting use.
With its easy-grip handlebars, non-slip deck, and smooth-rolling wheels, this scooter offers a smooth ride on any surface. The…
Kick Scooter Tire Market Booming Worldwide( Forecast Period 2023-2029) With Top …
The global Kick Scooter Tire market is carefully researched in the report while largely concentrating on top players and their business tactics, geographical expansion, market segments, competitive landscape, manufacturing, and pricing and cost structures. Each section of the research study is specially prepared to explore key aspects of the global Kick Scooter Tire market. For instance, the market dynamics section digs deep into the drivers, restraints, trends, and opportunities of…
E-scooter (Electric Scooter) Li-ion Battery Market 2022 | Detailed Report
This report provides an informative view about the competitive aspect of the global market. It includes detailed picture of the exhibition of a portion of the essential global players working in the E-scooter (Electric Scooter) Li-ion Battery market. The research study also provides historical record with profits predictions and forecasts from 2022 to 2028. Also, the business manufacturing of the notable manufacturers is also emphasized with technical data in the…
Water Scooter Market - Future of Mobility & Transportation is Water Scooter
Water Scooter Market 2020-2030: Depending on application, the commercial segment dominated the global water scooter market in 2018, in terms of revenue, and is expected to lead the market throughout the forecast period. At present, North America is the highest revenue contributor, and is expected to garner the highest revenue in the global market during the forecast period, followed by Europe, Asia-Pacific, and LAMEA.
Download Report Sample (191 Pages PDF)…
