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
Tretten Or Novothirteen Market Forecast 2025-2034: Comprehensive Analysis And Gr …
"We've updated all our reports with current data on tariff changes, trade developments, and supply chain shifts affecting key industries.
What Is the Current Tretten Or Novothirteen Market Size and Its Estimated Growth Rate?
In recent years, the tretten or novothirteen market has expanded at a rate of XX (HCAGR). It's projected to increase from $XX million in 2024 to $XX million in 2025, reflecting a compound annual growth rate (CAGR) of…
Global TICE BCG Market Analysis 2025-2030: Growth Drivers, Challenges, And Oppor …
"We've updated all our reports with current data on tariff changes, trade developments, and supply chain shifts affecting key industries.
How Big Is the TICE BCG Market Size Expected to Be by 2034?
The scale of the TICE BCG market has amplified by XX (HCAGR) in the past few years. It is projected to expand from $XX million in 2024 to $XX million in 2025, with a compound annual growth rate (CAGR)…
Palynziq Industry Report 2025-2034: Market Dynamics, Drivers, And Forecasts
"We've updated all our reports with current data on tariff changes, trade developments, and supply chain shifts affecting key industries.
What Is the Projected Growth of the Palynziq Market?
The market size of Palynziq has seen a rise of XX(HCAGR) in the last few years. The projected growth is from $XX million in 2024 to $XX million in 2025, with the compound annual growth rate (CAGR) set at XX%. The historic surge…
Obizur Market Forecast 2025-2034: Comprehensive Analysis And Growth Opportunitie …
"We've updated all our reports with current data on tariff changes, trade developments, and supply chain shifts affecting key industries.
What Is the Current Obizur Market Size and Its Estimated Growth Rate?
The market size of obizur has seen a notable growth, with an HCAGR of XX in recent years. The market is projected to escalate from a valuation of $XX million in 2024 to $XX million in 2025, recording a compound…
More Releases for Scooter
Water Scooter Market Industry Analysis - Water Scooter Market Size Driven by Rec …
The most recent study offered by Acumen Research and Consulting focuses Water Scooter Market size, share, growth rate, and market trends, as well as the parameters and factors influencing it in both the long term and short term. The report investigates the Water Scooter Market trends in order to assess its current and future potential. Our Water Scooter Market analysis also provides market participants and new entrants with a comprehensive…
Shared Scooter Market Report- Growth Opportunities, Top Companies, Regional Fore …
The Shared Scooter Market research report market analysis puts a light on various segments that are relied upon to witness the quickest business development amid the estimated forecast frame CAGR levels for the Shared Scooter Market concerning its rise or fall are evaluated in Shared Scooter Market report for the forecast period of 2021-2026. Furthermore, the Shared Scooter Market research report also analyses the market growth.
Download FREE PDF of 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)…
Aqua scooter Market 2019 Analysis: Torpedo, TUSA, SUEX, DIVERTUG, Bonex Scooter, …
Global Aqua scooter Market research report has been generated by considering a range of objectives of market research that are vital for the success of Automotive Services industry. A data triangulation method is applied for this purpose which entails data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. This Aqua scooter Market report works on all the aspects of market that are…
Global Travel Mobility Scooter Market: Analysis, Technologies, Forecasts and Typ …
Travel Mobility Scooter Market Report:
Summary: Excellence consistency maintains by Garner Insights in Research Report in which studies the global Travel Mobility Scooter market status and forecast, categorizes and Equipment market value by manufacturers, type, application, and region.
The report on Global Travel Mobility Scooter Market studies the historical data and evaluates the current market scenario so as to project the flight of the market during the next couple of years. This…
Travel Mobility Scooter Market Report 2018: Segmentation by Type (Class 2 Scoote …
Global Travel Mobility Scooter market research report provides company profile for Roma Medical, Hoveround Corp, Drive Medical, Golden Technologies, Quingo, Van Os Medical, TGA Mobility, Kymco, Sunrise Medical, Pride Mobility Products, Invacare and Others.
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR…
