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Table Of Content
July 2025
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.
The global electric scooters market size was calculated at USD 39.55 billion in 2024 and is predicted to increase from USD 48.90 billion in 2025 to approximately USD 321.59 billion by 2034, expanding at a CAGR of 23.28% from 2025 to 2034. The global electric scooters market is anticipated to be driven by increasing electric scooter sharing services owing to their cost-effective urban commute for end-user across all the developed and developing economies across the globe.
Electric scooters are at the center of a mad rush in applying artificial intelligence to fleet management, safety, and user experience. Real-time monitoring entails efficient tracking and dynamic rebalancing, whereas predictive maintenance precludes downtime. Demand forecasting and dynamic pricing work in tandem to provide the best placement and revenue maximization for the scooters. Anomalies get detected by AI, which then sends out alerts to emergency services and adjusts the route suggestions.
Beyond affecting maintenance scheduling and energy management optimality, AI also lowers emissions-favoring green-minded operations. Industry-wise, AI churns out patterns that allow businesses to steer decisions based on analyzing rider behaviors and trends in the market. To sum up, AI brings necessary enhancements in the areas of operational excellence, safety, user satisfaction, and green footprint.
The Asia Pacific electric scooters market size was exhibited at USD 35.29 billion in 2024 and is projected to be worth around USD 224.88 billion by 2034, growing at a CAGR of 22.85% from 2025 to 2034.
The Asia Pacific region is the front-runner in the global electric scooters market, accounting for a revenue share of approximately 71.88% in the year 2024 and predicted to witness significant growth over the upcoming years. This is primarily attributed to the increasing concentration of electric scooter manufacturers in Japan, China, and Taiwan that acquire significant share in electric scooters market across the world.
The North America anticipated to witness the fastest growth of approximately 8.64% 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.
Europe
In Europe, the electric scooters market is witnessing growing traction, particularly in urban areas where regulatory support and infrastructure for micro-mobility are advancing rapidly. Countries like Germany and France have implemented clear policies regarding electric scooter usage, helping drive adoption. Additionally, shared mobility services have gained strong momentum, with operators like Bolt expanding their fleets across numerous European cities. Emerging market entrants, including Indian manufacturers such as Hero MotoCorp, are preparing to introduce their electric scooter brands in key European countries like the UK, France, and Spain. Despite this activity, the region lacks clearly defined data on country-level market size, segmentation by drive type or end use, and forecasted growth trends, presenting an opportunity for deeper regional analysis.
Latin America
Latin America is becoming an emerging hotspot for electric scooters, especially within the shared mobility sector. Urban centres in countries like Chile and Brazil have seen notable expansion in e-scooter deployment through partnerships and mergers among regional start-ups. The proliferation of ride-sharing services and the growing need for affordable, clean mobility solutions are boosting adoption. However, the analysis of the broader electric scooter market beyond the shared segment remains limited. Detailed insights on market size, consumer segmentation, or performance by product type and drive system are yet to be fully explored within the region, leaving gaps in understanding its full potential.
Middle East and Africa
The Middle East and Africa region shows a steady rise in electric scooter adoption, supported by urban mobility reforms, growing environmental awareness, and the development of alternative transportation infrastructure. Countries within the GCC, as well as parts of North and Sub-Saharan Africa, are gradually incorporating electric scooters into both personal and shared mobility networks. Among drive systems, hub motors currently dominate, although other technologies like belt drives are gaining ground. Electric scooters also represent the leading segment within the broader electric transporters category in this region. While some segmentation, such as drive type and shared mobility adoption, is available, comprehensive analysis by product type, end use, and detailed country-level data is still limited, indicating room for further market exploration.
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.
Similarly, European Commission has also proposed strict measure on the passenger vehicle emission. This is majorly due to 70% out of the total emission is from transport sector and passenger cars are the major contributor among road transports in the rise the GHG gas.
Furthermore, rapid urbanization along with rising population density particularly in the developing nations contribute prominently for the significant rise in demand for electric scooters in these regions. Moreover, it is an affordable and environment-friendly mode of commutation that again propels the market growth during the forecast time frame.
Urban mobility trend such as shared bikes, electric scooters, and dockless bikes have gained significant momentum in the past few years. Electric scooters reduce the overall travelling time as well as is more convenient for short and long-distance commutation. Hence, the preference for electric scooters are rising rapidly even greater compared to electric cars during the upcoming years.
However, sudden outbreak of coronavirus in the year 2020 has impacted the automotive sales badly along with several other industries owing to disruption in the supply chain structure across the globe. Nonetheless, diversity in the e-scooter models and on-going research on electric scooters for improving its performance propels the market growth for electric scooters over the forthcoming period.
| Report Coverage | Details |
| Market Size Billion by 2025 | USD 48.90 Billion |
| Market Size Billion by 2034 | USD 321.59 Billion |
| Growth Rate from 2025 to 2034 | CAGR of 23.28% |
| Base Year | 2024 |
| Forecast Period | 2025 to 2034 |
| Segments Covered | Voltage, Battery, Product |
| Regional Scope | North America, Europe, Asia Pacific, Latin America, MEAN |
Increasing adoption for electric scooters sharing service
The growing adoption of electric scooter sharing services in countries like France, Germany, the U.S., and Spain, among others, has spurred the demand for electric scooters. The companies such as Bird Rides, Inc., Lime, Spin, Uber Technologies Inc., emmy-sharing, Cooltra Motos SL, Scooty, and Razor USA LLC offering electric scooter sharing services are procuring electric scooters mainly from the manufacturers like Ninebot-Segway, Gogoro, Inc., and Xiaomi. The penetration of electric scooter sharing service is witnessing an exponential adoption rate since 2016. Currently, more than 90 cities and various universities across the globe use electric scooter sharing service, with around 95 percent of the scooters having an electric drivetrain. The growth of the electric scooter market is attributed to the increasing adoption of scooters as the preferred mode of transportation, especially from the time when electric scooters entered this market space.
Moreover, electric scooters have become a cost-effective urban commute for an end-user. Its sleek design and easy handling capability help commuters avoid traffic congestion and simultaneously reduce carbon emissions. Therefore, the above-mentioned factors are some of the key drivers behind the escalating adoption of electric scooters. Since the electric scooter sharing industry is currently undergoing rapid development and is in a transition phase; therefore, the electric scooters sharing operators are also expanding their presence to both untapped and competitive markets.
Range anxiety amongst the consumers posing a challenge for the adoption of electric scooters
Many potential buyers are concerned about the distance or range covered in a single charge of the electric scooter. Thus, electric scooter owners are a bit reluctant towards purchasing these scooters due to the fact that an electric scooter might not have the necessary range to take them to their desired destination. The driving distance or range of electric scooters on a single charge is shorter than the distance covered by the normal scooters on a full-tank of traditional fuel. This problem is severely linked to the lack of charging infrastructure across many countries.
The normal scooters can be refueled at petrol stations, such regularized infrastructure (charging station) is not yet available for electric scooters, thus hindering the market growth. But these obstacles are slowly fading with increasing investments in the charging infrastructure across the globe. For instance, in 2017, HM Treasury from the Government of the U.K. announced the establishment of the Charging Infrastructure Investment Fund (CIIF). It includes a EUR 200 million investment from the government, and the same amount needs to be contributed by the private sector. Several such investments are taking place across the globe and are expected to eliminate the range anxiety amongst the consumers over the next five years.
The rise of battery swapping infrastructure, particularly in Southeast Asia, is poised to dramatically accelerate e-scooter adoption. Companies such as Oyika in Thailand are building out extensive Battery-as-a-Service (BaaS) models, enabling users to exchange depleted batteries for fully charged ones quickly and conveniently. This model reduces downtime and lowers the entry cost barrier for consumers, making electrified two-wheelers more accessible and user-friendly, especially in densely populated urban regions.
Electric scooters are emerging as a linchpin in the transformation toward smarter, greener cities. Urban planners envision seamless integration of e-scooters into multimodal transportation networks complete with dedicated lanes, geofencing, real-time traffic management, and adaptive regulations that respond to usage data. Meanwhile, brands like Vmoto are partnering with delivery platforms to pilot battery swap services in major European cities, combining micro mobility with commercial use cases to unlock new growth pathways.
Connected and IoT-Enabled Scooters
With the soaring growth of connected and IoT-enabled scooters, the electric scooter space is certainly able to take a great advantage of it. The additional features are capable of real-time GPS tracking, remote diagnostics, and ensuring enhanced security, thereby creating user-friendly options for fleet user convenience and very efficient options on the management side. IoT integration essentially allows the scooters and the management platform to communicate effectively for predictive maintenance and resource re-allocation. Given that consumers want increasingly smarter and connected mobility solutions, having products that are IoT-enabled would provide tremendous differentiation and would lead to far greater user engagement and new services, thereby increasing the universe for smart mobility and data platforms.
The electric scooter market by product type includes categories such as folding, retro, and self-balancing scooters. Among these, the folding electric scooters segment is projected to experience the highest growth rate in the market between 2025 and 2034. This growth is driven by increasing urban congestion, the demand for portable and space-saving personal mobility solutions, and rising adoption among commuters for first and last-mile connectivity. Folding scooters are particularly favoured for their lightweight design, ease of storage, and compatibility with public transportation systems.
On the other side, folding e-scooter type exhibit accelerating growth of nearly 16.45% during the forecast period. Increasing penetration of next-generation technologies such as big data and Internet of Things (IoT) and rising need for product differentiation have triggered the demand for folding electric scooters. However, higher degree of convenience and control of standing/self-balancing electric scooters in residential and commercial application basically for the amalgamation of daily activities likely to prosper its demand over the forecast period.
Electric Scooters Revenue, By Product, 2022-2024 (USD Million)
| Product | 2022 | 2023 | 2024 |
| Standing/Self-Balancing | 8,817.32 | 10,862.95 | 12,955.07 |
| Retro | 13,254.04 | 16,151.36 | 20,088.80 |
| Folding | 4,031.65 | 5,069.04 | 6,506.64 |
The 36V segment was valued at USD 24,119.55 million in 2024 and it is expected to reach at a CAGR of 22.80% from 2025 to 2034. The greater than 48V segment was valued at USD 2,786.07 million in 2024, registering at a CAGR of 24.60% from 2025 to 2034. The deployment of additional voltage levels i.e., scooters with voltage greater than 48V offer several advantages. These systems facilitate the realization to reduce carbon dioxide emissions at acceptable cost levels. Furthermore, these voltage systems offer features such as air conditioning compressors, turbochargers, and so on that are difficult to implement in 12V or 24V systems. The need to reduce carbon footprints is estimated to proliferate the growth of high voltage electric scooters.
In terms of drive type, electric scooters are typically classified into belt drive, chain drive, and hub motor systems. The hub motor segment is anticipated to grow with the highest CAGR in the market during the studied years. Hub motors offer better efficiency, less maintenance, and a quieter ride compared to chain and belt drivers, making them increasingly popular for both personal and shared mobility applications.
However, by drive type, the belt drive segment dominated the market in 2025. Belt drivers are known for their smoother performance, better durability, and relatively low noise levels. They are especially common mid to high-end electric scooter models, contributing to their strong market position.
Based on end use, the market is divided into personal and commercial segments. The personal segment accounted for a considerable share 9of the market in 2024. Growing consumer preference for environmentally friendly transport options, rising fuel costs, and the need for convenient short-distance commuting have propelled personal electric scooter adoption, particularly in urban areas.
Looking ahead, the commercial segment is predicted to witness significant growth in the market over the forecast period. With the rapid expansion of the gig economy, food delivery, courier services, and ride-sharing platforms, electric scooters are being increasingly deployed for short-range commercial transportation due to their cost-effectiveness, low emissions, and operational efficiency.
Key Companies & Market Share Insights
Leading players in the global electric scooters market are largely focused on research & development activity along with product level strategies in order to expand their market reach across the globe. Industry participants adopt various strategies in different regions depending in the consumer preference and nature. For instance, in Taiwan Gogoro Inc. introduced swappable battery electric scooters that has revolutionized the market. In addition, several Asian vendors are affiliating with the company to integrate the swappable battery technology in their e-scooters.
JIANGSU XINRI E-VEHICLE CO., LTD. is a China-based company engaged in the production of electric vehicles. The company is engaged in the manufacture and sale of electric scooters and motorcycles. The company is investing significantly in the R&D activities for development of technologically advanced electric vehicles, as well. It has three main production units in Wuxi, Tianjin, and Xiangyang in China.
Gogoro, Inc. is a Taiwan-based company involved in the manufacturing of electric scooters as well as battery swapping products. It is focused on integrating the latest innovations in its Energy Network in order to enhance mobility and connectivity. The company adopted partnership and product launch as its key strategy to maintain its foothold in the market. The company also focuses on innovations to stay aligned with the transitioning phase of the electric scooters market. For instance, the company launched Gogoro 2 Smartscooter with battery swapping, smart connectivity, and high-performance for a wide customer base across the globe.
Yadea Technology Group Co., Ltd. is a China-based manufacturer of electric bikes, electric scooters, electric tricycles, and other special vehicles. Recently, it set up four production units in Guangzhou, Tianjin, Ningbo, and Wuxi provinces. The company exports its electric scooter model to 66 countries, including the U.S., and Germany, to name a few.
In the electric scooters market, the market leaders comprise the China- and Taiwan-based scooter players including Gogoro, Inc., Yadea Technology Group Co. Ltd., NIU International, and Jiangsu Xinri E-Vehicle. These players generate revenue by selling their products either through their local and international distribution channels or through the OEM channel across the globe. To enter into the premium electric scooter segment, Niu International has differentiated itself by integrating a number of advanced connected features to enrich the riding experience.
The increasing popularity of electric scooter sharing services and the growing awareness about ecofriendly vehicles are some of the major factors that are opening growth opportunities for other electric scooter manufacturers. In addition, the electric scooter sharing start-ups are collaborating with top manufacturers in the market to expand their customer base and enhance their product offerings in the market.
By Product Type
By Battery Type
By Voltage Type
By Regional Type
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