Electric Scooters Market Size, Share & Forecast Report - 2025 to 2030

The global electric scooters market size is anticipated to register a robust CAGR of around 12% during the forecast period from 2025 to 2030. The increasing consumer preference towards electric vehicles and the rising concern about carbon emission are some major factors driving the market growth. Furthermore, the growing environmental concern and stringent government regulations to control emissions are expected to boost the market growth. Moreover, the increasing adoption of electric scooters in developed and developing countries and fluctuating gasoline prices are anticipated to fuel the market over the forecast period.

Market Outlook:

Emerging Trends Shaping the Electric Scooters Market:

The electric scooters market is experiencing rapid growth due to increasing urbanization, rising fuel prices, and growing environmental awareness. One of the major trends is the adoption of battery-electric scooters as a sustainable alternative to conventional two-wheelers, particularly in densely populated cities where traffic congestion and pollution are major concerns. Advances in lithium-ion battery technology, longer battery life, and faster charging capabilities are further driving consumer adoption. Additionally, government incentives and subsidies for electric vehicles in countries across Europe, Asia-Pacific, and North America are accelerating the shift toward electric mobility.

Another significant trend is the integration of smart technologies and IoT features in electric scooters. Manufacturers are equipping scooters with GPS tracking, mobile app connectivity, regenerative braking, and advanced safety systems, offering enhanced user experience and convenience. The rise of shared mobility services and scooter rental platforms is also boosting market demand, especially among millennials and urban commuters seeking cost-effective and eco-friendly transportation. Moreover, collaborations between scooter manufacturers, battery suppliers, and infrastructure developers are shaping the competitive landscape and driving innovation in lightweight designs, energy-efficient motors, and sustainable materials.

Electric Scooters Market Key Drivers:

• Increasing awareness and adoption of sustainable transportation: There is a growing global awareness of the need for sustainable transportation options to reduce carbon emissions and mitigate environmental pollution. Electric scooters offer a green and eco-friendly mode of transportation as they run on electric power, producing zero tailpipe emissions. The increasing emphasis on sustainability and environmental consciousness drives the adoption of electric scooters.
• Government initiatives and incentives: Many governments worldwide have implemented supportive policies and initiatives to promote the adoption of electric vehicles, including electric scooters. These measures include subsidies, tax incentives, grants, and infrastructure development for electric vehicle charging stations. Government support encourages individuals and businesses to switch to electric scooters, contributing to market growth.
• Rising fuel costs: The increasing cost of conventional fuels, such as gasoline and diesel, makes electric scooters an attractive alternative for cost-conscious consumers. Electric scooters offer lower operating costs as they consume electricity, which is typically cheaper than fossil fuels. The cost savings associated with electric scooters drive their adoption, particularly in regions with high fuel prices.
• Urbanization and traffic congestion: Rapid urbanization and the associated increase in traffic congestion have created a demand for efficient and agile transportation options. Electric scooters provide a convenient solution for short-distance commuting and navigating congested urban areas. Their compact size, maneuverability, and ability to bypass traffic contribute to their popularity in crowded cities.
• Technological advancements and improved performance: Technological advancements in electric scooter design and manufacturing have led to improved performance, including increased range, higher speeds, and enhanced battery efficiency. These advancements address the concerns of range anxiety and limited performance, making electric scooters a more viable mode of transportation. Improved performance attracts more consumers to electric scooters.
• Ease of use and convenience: Electric scooters offer ease of use and convenience compared to traditional modes of transportation. They are lightweight, portable, and can be easily maneuvered, parked, and stored. Electric scooters also eliminate the need for manual pedaling, making them suitable for people of different age groups and physical abilities. The ease of use and convenience of electric scooters drive their adoption.
• Sharing economy and micro-mobility trends: The rise of the sharing economy and the growing popularity of micro-mobility solutions have contributed to the growth of the electric scooter market. Electric scooter sharing services, where users can rent scooters for short periods, have gained popularity in urban areas. The convenience and flexibility of shared electric scooters have made them a preferred mode of transportation for short trips.
• Improved infrastructure for electric vehicles: The development of infrastructure to support electric vehicles, including electric scooters, has increased their viability as a mode of transportation. The availability of charging stations, dedicated parking spaces, and charging networks for electric scooters has improved the convenience and accessibility of using them. The presence of a robust infrastructure supports the growth of the electric scooter market.

Future Opportunities Shaping the Electric Scooters Market’s Evolution:

The electric scooters market offers significant opportunities in the development of advanced battery technologies and charging infrastructure. As consumers increasingly seek longer-range, faster-charging, and more durable batteries, manufacturers have the chance to innovate in lithium-ion, solid-state, and other next-generation battery technologies. Expanding public charging networks and battery-swapping stations also provide opportunities to enhance convenience and reduce range anxiety, making electric scooters a more viable option for daily commuting. These technological advancements can help increase adoption in urban and semi-urban areas, where traffic congestion and environmental concerns are driving the demand for sustainable mobility solutions.

Another major opportunity lies in the growing shared mobility and rental scooter segment. With urban populations expanding, especially in Asia-Pacific, Europe, and North America, shared electric scooters provide cost-effective, eco-friendly, and convenient transportation for short-distance travel. Collaborations between scooter manufacturers, mobility service providers, and local governments can accelerate the deployment of fleets and create new revenue streams. Furthermore, emerging markets present untapped potential as rising disposable incomes, urbanization, and supportive government policies encourage the adoption of electric scooters as a preferred mode of personal and shared transportation.

Market Segments Insights:

The global electric scooters market is bifurcated into product, battery, voltage, and geography. On the basis of product, the market is further segmented into retro, standing/self-balancing, and folding scooters. The retro segment is accounted to hold the largest market share of over half of the market in 2024 and is expected to grow at the same trends over the forecast period. The segment growth is attributed to the increasing adoption of retro scooters due to the shift towards green vehicles for short-distance commuting. On the other hand, the folding segment is expected to grow at the fastest growth rate over the forecast period.

On the basis of voltage, the market is segmented into 24V, 36V, 48V, and over 48V. The 36V segment dominated the global electric scooter market in 2024 and accounted to hold the largest market share of around two-third percent of the market in terms of revenue. The high compatibility of these batteries and superior power output are some major factors that contributed the segment growth. On the other hand, the more than 48V segment is expected to grow at a robust growth rate during the forecast period due to the increasing consumer preference for these batteries to last longer distances without continuous charging.

The electric scooters comprehensive study offers an in-depth analysis of industry trends, market size, competitive analysis, and market forecast – 2025 to 2030. Research Corridor report provides detailed premium insight into the global market and reveals the potential revenue streams, commercial prospects, market drivers, challenges, opportunities, issues, and events affecting the industry. In addition, the report has a dedicated section covering market forecasts and analysis for leading geographies, profiles of major companies operating in the market and expert opinion obtained from interviews with industry executives and experts from prominent companies.

Electric Scooters Market Segmentation:

By Product:

• Retro
• Standing/Self-Balancing
• Folding

By Battery:

• Sealed Lead Acid
• NiMH
• Li-Ion

By Voltage:

• 24V
• 36V
• 48V
• Greater than 48V

By Region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

Geographic Coverage: Asia Pacific Leads the Electric Scooters Market

Geographically, the Asia Pacific dominated the global electric scooters market in 2024 and accounted to hold the largest revenue share of around 2/3 share of the market. The presence of some major players in the region is a prominent factor that has contributed to the market growth in the region. China is accounted as a major contributor of the market in the region.  China is not only a major producer but also a leading consumer of electric scooters. The rapid urbanization and the increasing awareness of consumers regarding clean energy transportation are further expected to fuel the market growth in the Asia Pacific.

Competition Assessment:

Mahindra GenZe, BMW Motorrad International, Vmoto Limited, Terra Motors Corporation, and Gogoro Inc are some major players operating in the global electric scooters market. Companies are exploring markets by expansion, new investment, the introduction of new services, and collaboration as their preferred strategies. Players are exploring new geography through expansion and acquisition to gain a competitive advantage through joint synergy.

Key Companies:

• Mahindra GenZe
• BMW Motorrad International
• Vmoto Limited
• Terra Motors Corporation
• Gogoro Inc.
• Jiangsu Xinri Electric Vehicle Co. Ltd.
• Silence Urban Ecomobility
• Hero Electric
• NIU International
• Yadea Group Holdings Ltd.

Key Questions Answered by Electric Scooters Market Report

• Global electric scooters market forecasts from 2025-2030
• Regional electric scooters market forecasts from 2025-2030 covering Asia-Pacific, North America, Europe, Middle East & Africa, and Latin America
• Country-level forecasts from 2025-2030 covering 15 major countries from the aforementioned regions
• Electric scooters submarket forecasts from 2025-2030 covering the market by product, by battery, by voltage, and geography
• Various industry models such as SWOT analysis, Value Chain Analysis pertaining to market
• Analysis of the key factors driving and restraining the growth of the global, regional and country-level markets from 2025-2030
• Competitive Landscape and market positioning of top 10 players operating in the market