The electric kick scooter market size is expected to grow significantly in the coming years, with continued strong demand in Western Europe and North America, according to recent reports by Technavio’s research analysts. Growing urbanization and changing lifestyles have led to an increased use of alternative modes of transport such as electric kick scooters, especially among youngsters aged 10–24 years old.
The global electric kick scooter market is expected to grow at a CAGR of 11.2% during the forecast period
E-scooters are battery powered devices that can be used to travel short distances and are usually foldable. E-scooters do not require a license or insurance, and they can be ridden by people of all ages. Electric kick scooters are light weight, compact and easy to carry. They have an electric engine with a rechargeable battery, which powers the device's small motor and propels it forward.
The report includes an analysis of the key players in the market
- SWAGTRON
- Jiangsu Xinri E-Vehicle Co Ltd
- YADEA Technology Group Co Ltd
- Bird Rides Inc
- SEGWAY INC
- Xiaomi
- iconBIT GmbH
- GOVECS AG
- Niu International
- Razor USA LLC
The market is driven by factors such as the rising awareness of environmental protection and the need for last-mile connectivity
The electric kick scooter market size is expected to grow significantly in the coming years due to a number of factors. The market is driven by factors such as the rising awareness of environmental protection and the need for last-mile connectivity. More and more people are becoming environmentally conscious, which has led them to purchase vehicles that help reduce pollution. Additionally, an increased number of people now prefer not owning a car and instead rely on public transportation for their commute.
The market is segmented by type, application, and geography
The global electric kick scooter market size was valued at $XX million in 2016 and is expected to grow significantly by 2030. The global electric kick scooters market is segmented by type, application, and geography.
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