Electric Scooters Market Size, Share, and Trends 2024 to 2034

The global electric scooters market size accounted for USD 48.90 billion in 2025 and is forecasted to hit around USD 321.59 billion by 2034, representing a CAGR of 23.28% from 2025 to 2034. The Asia Pacific market size was estimated at USD 28.66 billion in 2024 and is expanding at a CAGR of 22.85% during the forecast period. The market sizing and forecasts are revenue-based (USD Million/Billion), with 2024 as the base year.

  • Last Updated : February 2025
  • Report Code : 1271
  • Category : Automotive

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis 

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

5.1. Market Dynamics

5.1.1. Market Drivers

5.1.2. Market Restraints

5.1.3. Market Opportunities

5.2. Porter’s Five Forces Analysis

5.2.1. Bargaining power of suppliers

5.2.2. Bargaining power of buyers

5.2.3. Threat of substitute

5.2.4. Threat of new entrants

5.2.5. Degree of competition

Chapter 6. Competitive Landscape

6.1.1. Company Market Share/Positioning Analysis

6.1.2. Key Strategies Adopted by Players

6.1.3. Vendor Landscape

6.1.3.1. List of Suppliers

6.1.3.2. List of Buyers

Chapter 7. Global Electric Scooters Market, By Product

7.1. Electric Scooters Market, by Product

7.1.1. Standing/Self-Balancing

7.1.1.1. Market Revenue and Forecast

7.1.2. Retro

7.1.2.1. Market Revenue and Forecast

7.1.3. Folding

7.1.3.1. Market Revenue and Forecast

Chapter 8. Global Electric Scooters Market, By Battery

8.1. Electric Scooters Market, by Battery

8.1.1. NiMH

8.1.1.1. Market Revenue and Forecast

8.1.2. Sealed Lead Acid

8.1.2.1. Market Revenue and Forecast

8.1.3. Li-ion

8.1.3.1. Market Revenue and Forecast

Chapter 9. Global Electric Scooters Market, By Voltage

9.1. Electric Scooters Market, by Voltage

9.1.1. 24V

9.1.1.1. Market Revenue and Forecast

9.1.2. 36V

9.1.2.1. Market Revenue and Forecast

9.1.3. 48V

9.1.3.1. Market Revenue and Forecast

9.1.4. Greater than 48V

9.1.4.1. Market Revenue and Forecast

Chapter 10. Global Electric Scooters Market, Regional Estimates and Trend Forecast

10.1. North America

10.1.1. Market Revenue and Forecast, by Product

10.1.2. Market Revenue and Forecast, by Battery

10.1.3. Market Revenue and Forecast, by Voltage

10.1.4. U.S.

10.1.4.1. Market Revenue and Forecast, by Product

10.1.4.2. Market Revenue and Forecast, by Battery

10.1.4.3. Market Revenue and Forecast, by Voltage

10.1.5. Rest of North America

10.1.5.1. Market Revenue and Forecast, by Product

10.1.5.2. Market Revenue and Forecast, by Battery

10.1.5.3. Market Revenue and Forecast, by Voltage

10.2. Europe

10.2.1. Market Revenue and Forecast, by Product

10.2.2. Market Revenue and Forecast, by Battery

10.2.3. Market Revenue and Forecast, by Voltage

10.2.4. UK

10.2.4.1. Market Revenue and Forecast, by Product

10.2.4.2. Market Revenue and Forecast, by Battery

10.2.4.3. Market Revenue and Forecast, by Voltage

10.2.5. Germany

10.2.5.1. Market Revenue and Forecast, by Product

10.2.5.2. Market Revenue and Forecast, by Battery

10.2.5.3. Market Revenue and Forecast, by Voltage

10.2.6. France

10.2.6.1. Market Revenue and Forecast, by Product

10.2.6.2. Market Revenue and Forecast, by Battery

10.2.6.3. Market Revenue and Forecast, by Voltage

10.2.7. Rest of Europe

10.2.7.1. Market Revenue and Forecast, by Product

10.2.7.2. Market Revenue and Forecast, by Battery

10.2.7.3. Market Revenue and Forecast, by Voltage

10.3. APAC

10.3.1. Market Revenue and Forecast, by Product

10.3.2. Market Revenue and Forecast, by Battery

10.3.3. Market Revenue and Forecast, by Voltage

10.3.4. India

10.3.4.1. Market Revenue and Forecast, by Product

10.3.4.2. Market Revenue and Forecast, by Battery

10.3.4.3. Market Revenue and Forecast, by Voltage

10.3.5. China

10.3.5.1. Market Revenue and Forecast, by Product

10.3.5.2. Market Revenue and Forecast, by Battery

10.3.5.3. Market Revenue and Forecast, by Voltage

10.3.6. Japan

10.3.6.1. Market Revenue and Forecast, by Product

10.3.6.2. Market Revenue and Forecast, by Battery

10.3.6.3. Market Revenue and Forecast, by Voltage

10.3.7. Rest of APAC

10.3.7.1. Market Revenue and Forecast, by Product

10.3.7.2. Market Revenue and Forecast, by Battery

10.3.7.3. Market Revenue and Forecast, by Voltage

10.4. MEA

10.4.1. Market Revenue and Forecast, by Product

10.4.2. Market Revenue and Forecast, by Battery

10.4.3. Market Revenue and Forecast, by Voltage

10.4.4. GCC

10.4.4.1. Market Revenue and Forecast, by Product

10.4.4.2. Market Revenue and Forecast, by Battery

10.4.4.3. Market Revenue and Forecast, by Voltage

10.4.5. North Africa

10.4.5.1. Market Revenue and Forecast, by Product

10.4.5.2. Market Revenue and Forecast, by Battery

10.4.5.3. Market Revenue and Forecast, by Voltage

10.4.6. South Africa

10.4.6.1. Market Revenue and Forecast, by Product

10.4.6.2. Market Revenue and Forecast, by Battery

10.4.6.3. Market Revenue and Forecast, by Voltage

10.4.7. Rest of MEA

10.4.7.1. Market Revenue and Forecast, by Product

10.4.7.2. Market Revenue and Forecast, by Battery

10.4.7.3. Market Revenue and Forecast, by Voltage

10.5. Latin America

10.5.1. Market Revenue and Forecast, by Product

10.5.2. Market Revenue and Forecast, by Battery

10.5.3. Market Revenue and Forecast, by Voltage

10.5.4. Brazil

10.5.4.1. Market Revenue and Forecast, by Product

10.5.4.2. Market Revenue and Forecast, by Battery

10.5.4.3. Market Revenue and Forecast, by Voltage

10.5.5. Rest of LATAM

10.5.5.1. Market Revenue and Forecast, by Product

10.5.5.2. Market Revenue and Forecast, by Battery

10.5.5.3. Market Revenue and Forecast, by Voltage

Chapter 11. Company Profiles

11.1. Gogoro Inc.

11.1.1. Company Overview

11.1.2. Product Offerings

11.1.3. Financial Performance

11.1.4. Recent Initiatives

11.2. AllCell Technologies LLC

11.2.1. Company Overview

11.2.2. Product Offerings

11.2.3. Financial Performance

11.2.4. Recent Initiatives

11.3. BMW Motorrad International

11.3.1. Company Overview

11.3.2. Product Offerings

11.3.3. Financial Performance

11.3.4. Recent Initiatives

11.4. BOXX Corp.

11.4.1. Company Overview

11.4.2. Product Offerings

11.4.3. Financial Performance

11.4.4. Recent Initiatives

11.5. Green Energy Motors Corp.

11.5.1. Company Overview

11.5.2. Product Offerings

11.5.3. Financial Performance

11.5.4. Recent Initiatives

11.6. Honda Motor Co. Ltd.

11.6.1. Company Overview

11.6.2. Product Offerings

11.6.3. Financial Performance

11.6.4. Recent Initiatives

11.7. Greenwit Technologies Inc.

11.7.1. Company Overview

11.7.2. Product Offerings

11.7.3. Financial Performance

11.7.4. Recent Initiatives

11.8. Jiangsu Xinri E-Vehicle Co., Ltd.

11.8.1. Company Overview

11.8.2. Product Offerings

11.8.3. Financial Performance

11.8.4. Recent Initiatives

11.9. Mahindra GenZe

11.9.1. Company Overview

11.9.2. Product Offerings

11.9.3. Financial Performance

11.9.4. Recent Initiatives

11.10. KTM AG

11.10.1. Company Overview

11.10.2. Product Offerings

11.10.3. Financial Performance

11.10.4. Recent Initiatives

11.11. Peugeot Scooters

11.11.1. Company Overview

11.11.2. Product Offerings

11.11.3. Financial Performance

11.11.4. Recent Initiatives

11.12. Terra Motors Corporation

11.12.1. Company Overview

11.12.2. Product Offerings

11.12.3. Financial Performance

11.12.4. Recent Initiatives

11.13. Suzuki Motor Corporation

11.13.1. Company Overview

11.13.2. Product Offerings

11.13.3. Financial Performance

11.13.4. Recent Initiatives

11.14. Vmoto Limited

11.14.1. Company Overview

11.14.2. Product Offerings

11.14.3. Financial Performance

11.14.4. Recent Initiatives

11.15. Yamaha Motor Company Limited

11.15.1. Company Overview

11.15.2. Product Offerings

11.15.3. Financial Performance

11.15.4. Recent Initiatives

11.16. Yadea Technology Group Co. Ltd.

11.16.1. Company Overview

11.16.2. Product Offerings

11.16.3. Financial Performance

11.16.4. Recent Initiatives

11.17. Xiaomi

11.17.1. Company Overview

11.17.2. Product Offerings

11.17.3. Financial Performance

11.17.4. Recent Initiatives

11.18. Bird

11.18.1. Company Overview

11.18.2. Product Offerings

11.18.3. Financial Performance

11.18.4. Recent Initiatives

11.19. Ninebot Limited

11.19.1. Company Overview

11.19.2. Product Offerings

11.19.3. Financial Performance

11.19.4. Recent Initiatives

11.20. Lime

11.20.1. Company Overview

11.20.2. Product Offerings

11.20.3. Financial Performance

11.20.4. Recent Initiatives

11.21. Spin

11.21.1. Company Overview

11.21.2. Product Offerings

11.21.3. Financial Performance

11.21.4. Recent Initiatives

Chapter 12. Research Methodology

12.1. Primary Research

12.2. Secondary Research

12.3. Assumptions

Chapter 13. Appendix

13.1. About Us

13.2. Glossary of Terms

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Frequently Asked Questions

The electric scooters market size was valued at USD 39.55 billion in 2024 and it is expected to hold around USD 321.59 billion by 2034.

The electric scooters market is anticipated to grow at a CAGR of 23.28% from 2025 to 2034.

Rising demand for fuel-efficient vehicles across the globe coupled with increasing concern for alarming rise in the global pollution are some of the major factors that drives the market growth of electric scooters over the upcoming years. As a result, governments of various regions have issued stringent emission norms to curb the rate of rising rate of carbon in the environment. For instance, Environmental Protection Agency (EPA) of USA proposed a rule in order to revise the existing national Greenhouse Gas (GHG) emission standards for light trucks and passenger cars.

Retro electric scooter product type led the global electric scooters market with more than half of the market revenue share in the year 2020 and anticipated to rise at a prominent rate over the forecast time frame.

The Asia Pacific region is the front-runner in the global electric scooters market accounting for a revenue share of approximately 70% in the year 2024 and predicted to witness significant growth over the upcoming years.

North America anticipated to witness the fastest growth of approximately 13% over the upcoming time frame owing to increasing investment from government bodies in the electric vehicle charging infrastructure coupled with research support for high-density batteries.

Some of the key players in the global electric scooters market are Gogoro Inc., AllCell Technologies LLC, BMW Motorrad International, BOXX Corp., Green Energy Motors Corp., Honda Motor Co. Ltd., Greenwit Technologies Inc., Jiangsu Xinri E-Vehicle Co. Ltd., Mahindra GenZe, KTM AG, Peugeot Scooters, Terra Motors Corporation, Suzuki Motor Corporation, Vmoto Limited, Yamaha Motor Company Limited, Yadea Technology Group Co. Ltd., Xiaomi, Bird, Ninebot Limited, Lime, and Spin among others.

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