The latest report by IMARC Group, titled “Electric Kick Scooter Market Report by Product Type (Two Wheeled, Three Wheeled), Battery Type (Sealed Lead Acid (SLA), Lithium Ion (Li-Ion), and Others), Voltage (Less than 25V, 25V to 50V, More than 50V), Application (Personal, Rental), End User (Kids, Adults), and Region 2024-2032“, The global electric kick scooter market size reached US$ 3.5 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 8.1 Billion by 2032, exhibiting a growth rate (CAGR) of 9.7% during 2024-2032.
An electric kick, or e-kick scooter, is a motorized, stand-up scooter that is lightweight and runs on rechargeable batteries and integrated motor drive machines. It is environmentally friendly, cost-effective, and flexible since they do not require gas or fuel to operate, unlike traditional scooters. It is also durable, versatile, and available in various sizes, making them a popular choice among consumers for short-distance travel at high speeds. Currently, electric kick scooters are commercially available in different battery types, including sealed lead-acid (SLA), nickel-metal hydride (NiMH), and lithium-ion (Li-Ion) across the globe.
Electric Kick Scooter Market Trends and Drivers:
The electric kick scooter market is primarily driven by increasing manufacturing activities across the automotive sector, especially in emerging economies. Moreover, the rising demand for cost-effective and eco-friendly urban commuting options is positively influencing market growth. Additionally, governments of several countries are promoting the adoption of electric kick scooters for short-distance travel to reduce the adverse environmental impact caused by emissions from conventional fuel-driven vehicles, which in turn, has catalyzed the market growth. Furthermore, several key players are shifting toward lithium-ion (Li-Ion) batteries for manufacturing electric kick scooters due to their superior properties, such as higher energy density, better voltage capacity and stability, longer charge retention, and lower self-discharge rate, thereby contributing to market growth. Other factors, including rising investments in research and development (R&D) activities, increasing collaborations among key players, and technological advancements, are also anticipated to propel the market growth.
For an in-depth analysis, you can refer sample copy of the report: https://www.imarcgroup.com/electric-kick-scooter-market/requestsample
Report Segmentation:
The report has segmented the market into the following categories:
Breakup by Product Type:
- Two Wheeled
- Three Wheeled
Breakup by Battery Type:
- Sealed Lead Acid (SLA)
- Lithium Ion (Li-Ion)
- Others
Breakup by Voltage:
- Less than 25V
- 25V to 50V
- More than 50V
Breakup by Application:
- Personal
- Rental
Breakup by End User:
- Kids
- Adults
Market Breakup by Region:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa
Competitive Landscape with Key Player:
- AKTIVO Scoot
- Globber
- GOVECS AG
- Hiboy
- IconBIT GmbH
- Jetsons
- Micro Mobility Systems AG
- Niu Technologies
- Razor USA LLC
- Segway Inc.
- Swagtron
- Yadea Technology Group Co. Ltd.
- Xiaomi Inc.
Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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