The Electric Kick Scooter Global Market Report 2023, provides comprehensive information on the electric kick scooter market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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The global electric kick scooter market is expected to grow from $2.42 billion in 2022 to $2.74 billion in 2023 at a compound annual growth rate (CAGR) of 13.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The electric kick scooter market is expected to reach $4.34 billion in 2027 at a CAGR of 12.2%.
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Technological innovations are the key trend gaining popularity in the electric kick scooter market. Major companies operating in the electric kick-scooter market are focusing on developing new technologies to sustain their position in the market. For instance, in September 2020, TIER, a Germany-based shared micro-mobility provider, launched an electric kick scooter by integrating new swappable battery technology. This model is unique in that it allows users to swap batteries at TIER-installed charging stations in European cities and accrue free trips. It is uniquely designed with a built-in helmet, user-swappable batteries, and indicator lights.
The electric kick scooter market is segmented:
1) By Type: Foldable Kick Scooters, Off-Road Kick Scooters, All-Terrain Kick Scooters, Three-Wheel Kick Scooters, Other Types
2) By Battery Type: Sealed Lead Acid (SLA), Lithium Ion (Li-Ion), Other Battery Types
3) By Voltage: Less Than 25V, 25V To 50V, More Than 50V
4) By Application: Personal, Rental
5) By End User: Kids, Adults
Europe was the largest region in the electric kick scooter market in 2022.
The table of contents in TBRC’s electric kick scooter market report includes:
- Executive Summary
- Electric Kick Scooter Market Characteristics
- Electric Kick Scooter Market Trends And Strategies
- Electric Kick Scooter Market – Macro Economic Scenario
- Electric Kick Scooter Market Segmentation
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- Global Electric Kick Scooter Market Competitive Benchmarking
- Global Electric Kick Scooter Market Competitive Dashboard
- Key Mergers And Acquisitions In The Electric Kick Scooter Market
- Electric Kick Scooter Market Future Outlook and Potential Analysis
- Appendix
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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.
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