Electric Kick Scooter Market Growth
Potential & Forecast, 2032

As per a recent research report, Electric
Kick Scooter Market surpass
USD 5 Bn by 2032.

The
report cites that the growing emphasis on sustainability and environmental
consciousness is primarily driving the industry growth. As concerns about air
pollution and carbon emissions continue to rise, individuals and governments
alike are seeking greener transportation options. Electric kick scooters offer
a practical solution, as they produce zero tailpipe emissions and consume less
energy compared to automobiles. Moreover, the increasing demand for efficient
and convenient urban mobility solutions favor the product adoption. Electric
kick scooters are compact and lightweight, making them ideal for navigating
congested city streets and avoiding traffic jams. They provide an affordable &
flexible alternative to public transportation, allowing riders to easily cover
short distances without the need for parking or waiting for buses or trains.

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Based
on type, the electric kick scooter market is divided into off-road, foldable, three-wheel, all-terrain, and
others. The all-terrain segment is expected to witness high demand in the
coming years. All-terrain electric kick scooters have gained popularity among
adventurers and outdoor enthusiasts looking for an exhilarating off-road
experience. These rugged & robust scooters are specifically designed to
tackle various terrains, including dirt trails, gravel paths, and uneven
surfaces. Equipped with powerful motors, sturdy frames, and durable tires with
excellent traction, all-terrain electric kick scooters offer enhanced stability
and maneuverability in challenging environments. With their ability to conquer
off-road obstacles and provide an adrenaline-inducing ride, these scooters have
become a preferred choice for individuals seeking thrilling outdoor adventures
while leveraging eco-friendly benefits of electric propulsion.

In terms of
battery, the electric kick scooter industry is segmented into Li-ion, sealed lead-acid
(SLA), and others. The SLA battery segment will influence the market growth over
2023 and 2032, due to their affordability and reliability. SLA batteries
provide a cost-effective power source for electric kick scooters, making them
more accessible to a broader range of consumers. Additionally, SLA batteries
offer a longer lifespan and better performance in extreme temperatures. Despite
the emergence of more advanced battery technologies, SLA batteries continue to stay
relevant in electric kick scooters, especially in entry-level and
budget-friendly models.

On the
basis of end-use, the electric kick scooter market is divided into commercial
and personal. The commercial segment is expected to generate significant
revenues by 2032, owing to their versatility that make maneuvering convenient
in urban environments. Electric kick scooters are increasing being used ridesharing
and shared mobility services. They also find application in delivery services.
Companies such as food delivery platforms and courier service providers employ
electric scooters to navigate congested city streets swiftly, enabling quick
and eco-friendly deliveries. The reduced delivery times and minimized emissions
associated with traditional vehicles are favoring the product adoption for
commercial applications.

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Regionally,
Asia Pacific electric kick scooter industry value will grow manifold by 2032.
Factors such as dense urban population, increasing congestion, and a rising
emphasis on eco-friendly transportation have contributed to the popularity of
electric kick scooters in this region. Countries like China, Japan, and South
Korea have seen a surge in product demand for its compact design, convenience,
and affordability. Moreover, the presence of established manufacturers, along
with technological advancements in battery and motor technologies in countries
like China is adding the momentum. Government initiatives promoting sustainable
transportation and investment in infrastructure have also played a vital role
in driving the region market forward.

Partial chapters of report table of contents
(TOC):

Chapter 2   Executive
Summary

2.1    Electric
kick scooter market 360º synopsis, 2018 - 2032

2.2    Business
trends

2.2.1    Total
Addressable Market, 2023 - 2032

2.3    Regional
trends

2.4    Type
trends

2.5    Battery
trends

2.6    Power
trends

2.7    End-Use
trends

Chapter 3   Electric Kick
Scooter Market Insights

3.1    Impact on
COVID-19

3.2    Russia-
Ukraine war impact

3.3    Industry
ecosystem analysis

3.4    Vendor
matrix

3.5    Profit
margin analysis

3.6   
Technology & innovation landscape

3.7    Patent
analysis

3.8    Key news
and initiatives

3.9   
Regulatory landscape

3.10    Impact
forces

3.10.1    Growth
drivers

3.10.1.1   
Growing demand for electric kick scooters for shared mobility services

3.10.1.2   
Favorable government efforts to support the adoption of electric scooters

3.10.1.3   
Increasing awareness regarding environmental benefits after adopting e-scooters

3.10.1.4   
Continuous R&D to enhance and upgrade battery operated scooters

3.10.1.5   
Rising penetration of advanced technologies in e-scooter industry

3.10.2   
Industry pitfalls & challenges

3.10.2.1    Lack
of charging infrastructure in developing countries

3.10.2.2    High
maintenance cost

3.11    Growth
potential analysis

3.12    Porter’s
analysis

3.13    PESTEL
analysis

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