Electric Kick Scooter Market Trends 2023 | Growth, Share, Size, Demand and Future Scope 2028

The global electric kick scooter market size reached US$ 3.1 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 6.0 Billion by 2028, exhibiting a growth rate (CAGR) of 10.8% during 2023-2028.

According to IMARC Group’s latest report, titled Electric Kick Scooter Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028,” the global electric kick scooter market size reached US$ 3.1 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 6.0 Billion by 2028, exhibiting a growth rate (CAGR) of 10.8% during 2023-2028.

An electric kick scooter is a lightweight motorized vehicle powered by an integrated electric motor or rechargeable battery. It is portable, versatile, durable, cost-effective, and environment-friendly compared to other modes of transportation. Presently, electric kick scooter is gaining immense traction worldwide as it enables users to avoid traffic jams and commute short distances easily.

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Market Trends

The escalating demand for fuel-efficient, cost-effective, and environment-friendly commute options is positively influencing the sales of electric kick scooters worldwide. Additionally, inflating disposable incomes and the rising awareness among individuals about the greenhouse gas (GHG) emissions from fuel-operated automobiles are contributing to the market growth. Besides this, governments of various countries are encouraging the uptake of electric scooters, which is propelling the market growth. Furthermore, increasing investments by leading players in research and development (R&D) activities to introduce high-performance scooters with low maintenance costs are projected to drive the market.

Ask Analyst and Browse Full Report with TOC & List of Figure:  https://www.imarcgroup.com/electric-kick-scooter-market

The report has segmented on the basis of product type, battery type, voltage, application, end user and geography

List of Key Companies Covered in this Market Report:

  • 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

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

Breakup by Geography:

  • North America (U.S. & Canada)
  • Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Others)
  • Asia Pacific (China, India, Japan, South Korea, Indonesia, Australia, and Others)
  • Latin America (Brazil, Mexico)
  • Middle East & Africa

Key highlights of the report:

  • Market Performance (2017-2022)
  • Market Outlook (2023- 2028)
  • Porter’s Five Forces Analysis
  • Market Drivers and Success Factors
  • SWOT Analysis
  • Value Chain
  • Comprehensive Mapping of the Competitive Landscape

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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