Electric Scooters Market: Fuel Conservation and Low-carbon Emissions Market Mark Prominent Trends: Global Industry Analysis and Opportunity Assessment, 2019-2029

  • Published: 2019-09-20
  • Report Code: REP-GB-2705

An Incisive, In-depth Analysis on the Electric Scooters Market

This study offers a comprehensive, 360 degree analysis on the Electric Scooters market, bringing to fore insights that can help stakeholders identify the opportunities as well as challenges. It tracks the global Electric Scooters market across key regions, and offers in-depth commentary and accurate quantitative insights. The study also includes incisive competitive landscape analysis, and provides key recommendations to market players on winning imperatives and successful strategies.

Electric Scooters Market - Key Research Findings

  1. The global electric scooters market size was valued to be ~ US$ 8 Bn in 2018. 

  2. Electric scooters market is anticipated to grow at a CAGR of ~3% during the forecast period of 2019-2029. 

  3. Standard electric scooters are likely to remain highly preferred in the electric scooters market.

    • The growth of this particular segment can be primarily attributed to its simplest form and basic functioning for city riding and daily use.

  4. APEJ is projected to account for more than three fourth of the revenue shares in the electric scooters industry by the end of 2029.

    • The APEJ market is anticipated to continue to be an opportunistic market for electric scooter manufacturers and distributors, owing to increasing production and demand for electric vehicles. 

  5. Battery is projected to continue as a prominent technology type in creating significant growth opportunities for electric scooters market players.

    • Over the last few years, significant growth in the automotive industry has been witnessed. Increased demand for reduction and elimination of fuel costs as well as focus on energy independence is seen. All these factors are fulfilled by electric scooters, and hence, their demand is expected to bolster in the forecast period.

    • Noteworthy application potential of electric scooters such as lower running costs, health benefits, environmental sustainability, and reduced car emissions are creating an upswing in the electric scooters market.

Key Factors Shaping the Electric Scooters Market

Energy Independence and Sustainability of Electric Scooters Bolstering Demand

Moving to electric vehicles or scooters is one way to reduce the negative impact on the environment by reducing the emission of greenhouse gases. Manufacturers of electric scooters are continuously engaging themselves in research and development activities to fulfill the demand from end users.

Manufacturers of electric scooters are focusing more on becoming energy independent. By connecting to the electric grid, electricity can be produced through several generation methods for electric vehicles.

Negligible Emission Levels of Electric Scooters - A Big Gain for Manufacturers

The main apprehension associated with diesel- and gasoline-powered vehicles is tailpipe emission. Compounds of carbon monoxide, nitrogen oxide, unburnt benzene, carbon dioxide, particulate matter, etc., along with additional unburnt injurious airborne chemicals are released into the sky from vehicles. Severe life threatening diseases are caused to living beings due to the uninhibited production of these chemicals. On an average, over 320 grams of injurious chemicals are released through a gasoline engine passenger car.

Based on the findings of the U.S. Department of Energy Office of Science and the U.S. the Environmental Protection Agency, carbon dioxide travel per kilometer which is equal to 4,750 kilograms of damaging pollutants per year. This pollution rate can be lowered down if the customers opt for electric scooters, which are less contaminating and far more proficient than predictable gasoline engine scooters. This can be further substantiated by stating a fact that the least efficient hybrid scooters in the U.S release on an average about 250 grams of pollutants per kilometer travelled. On the other hand, there are negligible amounts of pollutants released if an electric vehicle or scooter is used.

Consistently Growing Fuel Prices Propel the Demand for Electric Scooters

Electricity used in electric scooters is stored in batteries in the form of chemical energy form. With the conduction of electricity from an outside source, these batteries are recharged, which is mainly done in plug-in electric scooters. Key source of electricity for recharging these batteries is the overhead line of grid network of any area which mainly shaped from the renewable and coal sources.

Growth of the transportation sector has depleted non-renewable petroleum reserves, causing fuel prices to rise. This increase will be exponential in the upcoming years as crude oil reserves will see reduction, leading to extraordinary demand for vehicles running on alternate sources of energy. The consumption rate of petroleum products such as fuels are increasing in the automotive sector. Therefore, to the government and manufacturers are promoting the usage of electric scooters, which are fuel effective in comparison to conventional automobiles.

Electric Scooters Market Structure Analysis

  • The electric scooters market is a moderately competitive market globally.

  • Strategies followed by key players in the electric scooters market are expansion of business through mergers, acquisitions, collaborations, and alliances. Key market players focus on strategies such as growth of sales and distribution channels and adoption of new technologies to develop innovative products.

  • Noteworthy investments in research and development for novel and sturdy products are anticipated to boost the growth prospects of the electric scooters market.

    • Major players in the Electric Scooters Market are Jiangsu Xinri E-Vehicle Co. Ltd., Vmoto Limited, GOVECS GmbH, Terra Motors Corp., Hero Electric Vehicles Private Limited, Sanyang Motor Co. Ltd., Gogoro Inc., Piaggio & C. SpA, Bayerische Motoren Werke AG, Honda Motor Co. Ltd., etc.

Electric Scooters Market Analysis 2019-2029

A recent market study published by FMI on the electric scooters market includes the global industry analysis 2014-2018 & opportunity assessment 2019-2029, and incorporates a complete assessment of the most important market dynamics. After conducting thorough research on the historical as well as current growth parameters of the electric scooters market, the growth prospects of the market are obtained with maximum precision.

Electric Scooters Market: Taxonomy

The global electric scooters market is segmented in detail to cover every aspect of the market and present complete market intelligence to the reader.

By Product

By Battery

By Technology

By Region

  • Standard
  • Folding
  • Self-Balancing
  • Maxi
  • Three-Wheeled
  • Li-Ion
  • NiMH
  • Lead Based
  • Plug In
  • Battery
  • North America
  • Latin America
  • Europe
  • South Asia
  • East Asia
  • Oceania
  • Middle East and Africa
  • Emerging Country

Report Chapters

Chapter 01 – Executive Summary

The report starts with the executive summary of the electric scooters market, which includes a summary of the key findings and statistics of the market. Furthermore, in this arena, analyst mentioned crux of markets such as overall market approach, target geographies, and differentiating strategy.

Chapter 02 – Market Introduction

Readers can find the definition and a detailed taxonomy of the electric scooters market in this chapter, which will help them understand the basic information about the electric scooters market. Along with this, a comprehensive overview of electric vehicles for instance by technology and vehicle type is included.

Chapter 03 – Global Electric Scooters Market Analysis Scenario

In this chapter, we have covered prominent key points such as which country has noteworthy potential and how continuous development in infrastructure will support the growth of the global market. Furthermore, the team also covered value & volume analysis for the global electric scooters market with cost tear down analysis to make in-depth study. Moreover, in this segment readers can find an exclusive value chain with profit margins and pricing comparison across the world.

Chapter 04 – Market Dynamics

This chapter explains the market dynamics (drivers, restraints, trends, and opportunities). Here, the stockholder can update knowledge by studying trends and challenges in the electric scooters market. Furthermore, this segment talks about the behaviour of the consumers and suppliers with the help of Porter’s Five Analysis.

Chapter 05 – Global Electric Scooters Market Analysis and Forecast by Product

Based on product type, the electric scooters market is segmented into electric scooters, standard, folding, self-balancing, maxi, and three-wheeled. In this chapter, readers can find information about the annual growth of each segment, market share, and attractiveness analysis based on the product type.

Chapter 06 – Global Electric Scooters Market Analysis and Forecast by Technology

This chapter provides details about the electric scooters market based on the technology, and has been classified into plug-in electric scooters and battery electric scooters. In this chapter, readers can also understand the BPS gain and loss with respective segments.

Chapter 7 – Global Electric Scooters Market Analysis and Forecast by Battery

This chapter provides details about the electric scooters market based on the battery type, and has been classified into three category; Li-Ion, NiMH, and lead based. In this chapter, readers can understand the market value share analysis of above mentioned three segments with their absolute $ opportunity over the forecast period.

Chapter 8 – Global Electric Scooters Market Analysis 2014-2018 & Forecast 2019-2029, by Region

This chapter explains how the electric scooters market will grow across various geographic regions such as North America, Latin America, Western Europe, Eastern Europe, Asia Pacific, Japan, and Middle East and Africa.

Chapter 9 – North America Electric Scooters Market Analysis 2014-2018 & Opportunity Assessment 2019-2029

This chapter includes a detailed analysis of the growth of the North America electric scooters market, along with a country-wise assessment that includes the U.S. and Canada. Readers can also find the pricing analysis, impact analysis of market dynamics, and market growth according to various segments and countries in North America.

Chapter 10 – Latin America Electric Scooters Market Analysis 2014-2018 & Opportunity Assessment 2019-2029

This chapter provides the growth scenario of the electric scooters market in Latin American countries such as Brazil, Mexico, and the Rest of Latin America. Along with this, an assessment of the market across target segments has been provided.

Chapter 11 – Western Europe Electric Scooters Market Analysis 2014-2018 & Opportunity Assessment 2019-2029

Important growth prospects of the electric scooters market based on its end users in several countries, such as Germany, France, Italy, the U.K., Spain, BENELUX, and Rest of Western Europe, are included in this chapter.

Chapter 12 – Eastern Europe Electric Scooters Market Analysis 2014-2018 & Opportunity Assessment 2019-2029

In this chapter, readers can find the growth prospects of the electric scooters market in Russia and Poland with the impact of market dynamics over the forecast period.

Chapter 13 – APEJ (Asia Pacific Excluding Japan) Electric Scooters Market Analysis 2014-2018 & Opportunity Assessment 2019-2029

This chapter highlights the growth of the electric scooters market in East Asia by focusing on China, India, ASEAN, Oceania, and Rest of Asia Pacific. This section also help readers understand the key factors that are responsible for the growth of the electric scooters market in East Asia.

Chapter 14 – Japan Electric Scooters Market Analysis 2014-2018 & Opportunity Assessment 2019-2029

In this chapter, readers can find detailed information about the growth parameters of the Japan electric scooters market during the forecast period of 2019-2029.

Chapter 15 – Middle East & Africa (MEA) Electric Scooters Market Analysis 2014-2018 & Opportunity Assessment 2019-2029

This chapter provides information about how the electric scooters market will grow in prominent countries in the MEA region, such as GCC Countries, South Africa, Israel, and Rest of MEA, during the stipulated time period.

Chapter 16 – Competition Landscape

In this chapter, readers can find detailed information about the industry structure analysis, leading players with their share. Furthermore, in this chapter, readers can find a comprehensive list of all the prominent stakeholders in the electric scooters market. In the TOC segment, the team has mentioned key players in the electric scooters market.

Chapter 17 – Assumptions and Acronyms

This chapter includes a list of acronyms and assumptions that provide a base to the information and statistics included in the electric scooters market report.

Chapter 18 – Research Methodology

This chapter helps readers understand the research methodology followed to obtain various conclusions as well as important qualitative and quantitative information about the electric scooters market.

Industry Interactions

  • C - Level Executives

  • Marketing Directors

  • Product Managers 

  • Business Development Officers 

  • Production Managers

  • Procurement Heads

  • Sales Executives

  • Distributors

  • Traders 

  • Raw Material Suppliers

  • Industry Experts

  • End Users

  • Current market dynamics and challenges

  • Yesteryear trends 

  • Market characteristics

  • Market performance and growth quadrants

  • Competition structure and market structure

  • Strategic growth initiatives

  • Near-term and long-term market growth prospects

  • Market segment splits and authenticity

  • Opinions on market projections and validity of assumptions

electric scooters market designations

References Catalogue

  • Industry Publications

  • OICA

  • Industry Associations

  • SIAM

  • NAATA

  • Factiva

  • Company Press Releases

  • Annual Reports and Investor Presentations

  • Research Papers

  • Government Websites and Publications

  • Trade Websites

electric scooters market stakeholders

Electric Scooters Market Reports - Table of Contents

Electric Scooters Market Reports - List of Tables

Table 01: Global Electric Scooters Market Value (US$ Mn) & Volume (Units) Forecast, By Product Type, 2019-2029 

Table 02: Global Electric Scooters Market Value (US$ Mn) & Volume (Units) Forecast, By Technology, 2019-2029 

Table 03: Global Electric Scooters Market Value (US$ Mn) & Volume (Units) Forecast, By Battery Type, 2019-2029 

Table 04: Global Electric Scooters Market Value (US$ Mn) & Volume (Units) Forecast, By Region, 2019-2029 

Table 05: North America Electric Scooters Market Value (US$ Mn) and Volume (Units) Analysis and Forecast By Country

Table 06: North America Electric Scooters Market Value (US$ Mn) & Volume (Units) Forecast, By Product Type, 2019-2029 

Table 07: North America Electric Scooters Market Value (US$ Mn) & Volume (Units) Forecast, By Technology, 2019-2029 

Table 08: North America Electric Scooters Market Value (US$ Mn) & Volume (Units) Forecast, By Battery Type, 2019-2029 

Table 09: Latin America Electric Scooters Market Value (US$ Mn) and Volume (Units) Analysis and Forecast By Country

Table 10: Latin America Electric Scooters Market Value (US$ Mn) & Volume (Units) Forecast, By Product Type, 2019-2029 

Table 11: Latin America Electric Scooters Market Value (US$ Mn) & Volume (Units) Forecast, By Technology, 2019-2029 

Table 12: Latin America Electric Scooters Market Value (US$ Mn) & Volume (Units) Forecast, By Battery Type, 2019-2029 

Table 13: Western Europe Electric Scooters Market Value (US$ Mn) and Volume (Units) Analysis and Forecast By Country

Table 14: Western Europe Electric Scooters Market Value (US$ Mn) & Volume (Units) Forecast, By Product Type, 2019-2029 

Table 15: Western Europe Electric Scooters Market Value (US$ Mn) & Volume (Units) Forecast, By Technology, 2019-2029 

Table 16: Western Europe Electric Scooters Market Value (US$ Mn) & Volume (Units) Forecast, By Battery Type, 2019-2029 

Table 17: Eastern Europe Electric Scooters Market Value (US$ Mn) and Volume (Units) Analysis and Forecast By Country

Table 18: Eastern Europe Electric Scooters Market Value (US$ Mn) & Volume (Units) Forecast, By Product Type, 2019-2029 

Table 19: Eastern Europe Electric Scooters Market Value (US$ Mn) & Volume (Units) Forecast, By Technology, 2019-2029 

Table 20: Eastern Europe Electric Scooters Market Value (US$ Mn) & Volume (Units) Forecast, By Battery Type, 2019-2029 

Table 21: APEJ Electric Scooters Market Value (US$ Mn) and Volume (Units) Analysis and Forecast By Country

Table 22: APEJ Electric Scooters Market Value (US$ Mn) & Volume (Units) Forecast, By Product Type, 2019-2029 

Table 23: APEJ Electric Scooters Market Value (US$ Mn) & Volume (Units) Forecast, By Technology, 2019-2029 

Table 24: APEJ Electric Scooters Market Value (US$ Mn) & Volume (Units) Forecast, By Battery Type, 2019-2029 

Table 25: Japan Electric Scooters Market Value (US$ Mn) & Volume (Units) Forecast, By Product Type, 2019-2029 

Table 26: Japan Electric Scooters Market Value (US$ Mn) & Volume (Units) Forecast, By Technology, 2019-2029 

Table 27: Japan Electric Scooters Market Value (US$ Mn) & Volume (Units) Forecast, By Battery Type, 2019-2029 

Table 28: MEA Electric Scooters Market Value (US$ Mn) and Volume (Units) Analysis and Forecast By Country

Table 29: MEA Electric Scooters Market Value (US$ Mn) & Volume (Units) Forecast, By Product Type, 2019-2029 

Table 30: MEA Electric Scooters Market Value (US$ Mn) & Volume (Units) Forecast, By Technology, 2019-2029 

Table 31: MEA Electric Scooters Market Value (US$ Mn) & Volume (Units) Forecast, By Battery Type, 2019-2029

Electric Scooters Market Reports - List of Figures

Figure 01: Global Electric Scooters Market volume (units) & value (US$ Mn) forecast, 2019-2029

Figure 02: Global Electric Scooters Market Absolute $ Opportunity Analysis, 2014-2029

Figure 03: Global Electric Scooters Market Value BPS Analysis By Product Type, 2019 & 2029

Figure 04: Global Electric Scooters Market Y-o-Y Projections by Product Type, 2014-2029 (%)

Figure 05: Global Electric Scooters Market Absolute $ Opportunity, (2019-2029), by Standard segment

Figure 06: Global Electric Scooters Market Absolute $ Opportunity, (2019-2029), by Folding segment

Figure 07: Global Electric Scooters Market Absolute $ Opportunity, (2019-2029), by Self-Balancing segment

Figure 08: Global Electric Scooters Market Absolute $ Opportunity, (2019-2029), by Maxi segment

Figure 09: Global Electric Scooters Market Absolute $ Opportunity, (2019-2029), by Three-Wheeled segment

Figure 10: Global Electric Scooters Market Attractiveness Index by Product Type, 2019-2029

Figure 11: Global Electric Scooters Market Value BPS Analysis By Technology, 2019 & 2029

Figure 12: Global Electric Scooters Market Y-o-Y Projections by Technology, 2014-2029 (%)

Figure 13: Global Electric Scooters Market Absolute $ Opportunity, (2019-2029), by Plug In segment

Figure 14: Global Electric Scooters Market Absolute $ Opportunity, (2019-2029), by Battery segment

Figure 15: Global Electric Scooters Market Attractiveness Index by Technology, 2019-2029

Figure 16: Global Electric Scooters Market Value BPS Analysis By Battery Type, 2019 & 2029

Figure 17: Global Electric Scooters Market Y-o-Y Projections by Battery Type, 2014-2029 (%)

Figure 18: Global Electric Scooters Market Absolute $ Opportunity, (2019-2029), by Li-Ion segment

Figure 19: Global Electric Scooters Market Absolute $ Opportunity, (2019-2029), by NiMH segment

Figure 20: Global Electric Scooters Market Absolute $ Opportunity, (2019-2029), by Lead Based segment

Figure 21: Global Electric Scooters Market Attractiveness Index Battery Type, 2019-2029

Figure 22: Global Electric Scooters Market Value BPS Analysis By Region, 2019 & 2029

Figure 23: Global Electric Scooters Market Y-o-Y Projections by Region, 2014-2029 (%)

Figure 24: North America Electric Scooters Market Absolute $ Opportunity, (2019-2029)

Figure 25: Latin America Electric Scooters Market Absolute $ Opportunity, (2019-2029

Figure 26: Western Europe Electric Scooters Market Absolute $ Opportunity, (2019-2029)

Figure 27: Eastern Europe Electric Scooters Market Absolute $ Opportunity, (2019-2029)

Figure 28: APEJ Electric Scooters Market Absolute $ Opportunity, (2019-2029)

Figure 29: Japan Electric Scooters Market Absolute $ Opportunity, (2019-2029)

Figure 30: MEA Electric Scooters Market Absolute $ Opportunity, (2019-2029)

Figure 31: Global Electric Scooters Market Attractiveness Index by Region, 2019-2029

Figure 32: North America Electric Scooters Market Share and BPS Analysis by Country, 2019 & 2029

Figure 33: North America Electric Scooters Y-O-Y Growth Projections Analysis, by Country, 2019-2029

Figure 34: North America Electric Scooters Market Attractiveness Analysis, by Country, 2019-2029

Figure 35: North America Electric Scooters Market Value BPS Analysis By Product Type, 2019 & 2029

Figure 36: North America Scooters Market Attractiveness Index by Product Type, 2019-2029

Figure 37: North America Electric Scooters Market Value BPS Analysis By Technology, 2019 & 2029

Figure 38: North America Scooters Market Attractiveness Index by Technology, 2019-2029

Figure 39: North America Electric Scooters Market Value BPS Analysis By Battery Type, 2019 & 2029

Figure 40: North America Scooters Market Attractiveness Index by Battery Type, 2019-2029

Figure 41: Latin America Electric Scooters Market Share and BPS Analysis by Country, 2019 & 2029

Figure 42: Latin America Electric Scooters Y-O-Y Growth Projections Analysis, by Country, 2019-2029

Figure 43: Latin America Electric Scooters Market Attractiveness Analysis, by Country, 2019-2029

Figure 44: Latin America Electric Scooters Market Value BPS Analysis By Product Type, 2019 & 2029

Figure 45: Latin America Scooters Market Attractiveness Index by Product Type, 2019-2029

Figure 46: Latin America Electric Scooters Market Value BPS Analysis By Technology, 2019 & 2029

Figure 47: Latin America Scooters Market Attractiveness Index by Technology, 2019-2029

Figure 48: Latin America Electric Scooters Market Value BPS Analysis By Battery Type, 2019 & 2029

Figure 49: Latin America Scooters Market Attractiveness Index by Battery Type, 2019-2029

Figure 50: Western Europe Electric Scooters Market Share and BPS Analysis by Country, 2019 & 2029

Figure 51: Western Europe Electric Scooters Y-O-Y Growth Projections Analysis, by Country, 2019-2029

Figure 52: Western Europe Electric Scooters Market Attractiveness Analysis, by Country, 2019-2029

Figure 53: Western Europe Electric Scooters Market Value BPS Analysis By Product Type, 2019 & 2029

Figure 54: Western Europe Scooters Market Attractiveness Index by Product Type, 2019-2029

Figure 55: Western Europe Electric Scooters Market Value BPS Analysis By Technology, 2019 & 2029

Figure 56: Western Europe Scooters Market Attractiveness Index by Technology, 2019-2029

Figure 57: Western Europe Electric Scooters Market Value BPS Analysis By Battery Type, 2019 & 2029

Figure 58: Western Europe Scooters Market Attractiveness Index by Battery Type, 2019-2029

Figure 59: Eastern Europe Electric Scooters Market Share and BPS Analysis by Country, 2019 & 2029

Figure 60: Eastern Europe Electric Scooters Y-O-Y Growth Projections Analysis, by Country, 2019-2029

Figure 61: Eastern Europe Electric Scooters Market Attractiveness Analysis, by Country, 2019-2029

Figure 62: Eastern Europe Electric Scooters Market Value BPS Analysis By Product Type, 2019 & 2029

Figure 63: Eastern Europe Scooters Market Attractiveness Index by Product Type, 2019-2029

Figure 64: Eastern Europe Electric Scooters Market Value BPS Analysis By Technology, 2019 & 2029

Figure 65: Eastern Europe Scooters Market Attractiveness Index by Technology, 2019-2029

Figure 66: Eastern Europe Electric Scooters Market Value BPS Analysis By Battery Type, 2019 & 2029

Figure 67: Eastern Europe Scooters Market Attractiveness Index by Battery Type, 2019-2029

Figure 68: APEJ Electric Scooters Market Share and BPS Analysis by Country, 2019 & 2029

Figure 69: APEJ Electric Scooters Y-O-Y Growth Projections Analysis, by Country, 2019-2029

Figure 70: APEJ Electric Scooters Market Attractiveness Analysis, by Country, 2019-2029

Figure 71: APEJ Electric Scooters Market Value BPS Analysis By Product Type, 2019 & 2029

Figure 72: APEJ Scooters Market Attractiveness Index by Product Type, 2019-2029

Figure 73: APEJ Electric Scooters Market Value BPS Analysis By Technology, 2019 & 2029

Figure 74: APEJ Scooters Market Attractiveness Index by Technology, 2019-2029

Figure 75: APEJ Electric Scooters Market Value BPS Analysis By Battery Type, 2019 & 2029

Figure 76: APEJ Scooters Market Attractiveness Index by Battery Type, 2019-2029

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