Global Africa Electric Scooters Market Growth, Share, Size, Trends and Forecast (2024 - 2030)

By Product;

Retro Electric Scooter, Standing/Self-Balancing Electric Scooters and Folding Electric Scooters.

By Battery;

Sealed Lead Acid, NiMH and Li-Ion.

By Voltage;

24V, 36V, 48V and Greater than 48V.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2020 - 2030).
Report ID: Rn838881616 Published Date: April, 2024 Updated Date: May, 2024

Introduction

Global Africa Electric Scooters Market (USD Million), 2020 - 2030

In the year 2023, the Global Africa Electric Scooters Market was valued at USD 22.68 million. The size of this market is expected to increase to USD 36.19 million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of 6.9%.

The Global Africa Electric Scooters Market represents a burgeoning industry poised at the intersection of sustainability and urban mobility. With rapid urbanization and increasing concerns over pollution and congestion, the demand for eco-friendly transportation solutions has never been higher. Electric scooters, with their low environmental impact and convenience, have emerged as a popular choice for commuting short distances in bustling African cities.

Africa's electric scooter market is characterized by a diverse landscape, reflecting the continent's unique socio-economic and infrastructural challenges. In recent years, governments and private enterprises across Africa have been investing in initiatives to promote electric mobility, spurring the growth of the electric scooter market. Countries like Kenya, Nigeria, South Africa, and Egypt have witnessed significant adoption rates, driven by factors such as rising fuel prices, growing awareness of environmental issues, and supportive regulatory frameworks.

The proliferation of smartphone technology and the advent of app-based ride-sharing platforms have transformed the way people perceive and access transportation services. Electric scooter-sharing services, powered by mobile apps, have gained traction in many African cities, offering users a convenient and cost-effective alternative to traditional modes of transport.

Despite the promising growth trajectory, challenges such as inadequate charging infrastructure, traffic congestion, and regulatory hurdles remain key obstacles to the widespread adoption of electric scooters in Africa. However, with increasing investments in infrastructure and growing consumer awareness, the outlook for the electric scooter market in Africa appears optimistic. As stakeholders continue to collaborate and innovate, the Global Africa Electric Scooters Market is poised for sustained growth, driving towards a more sustainable and efficient urban mobility ecosystem.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product
    2. Market Snapshot, By Battery
    3. Market Snapshot, By Voltage
    4. Market Snapshot, By Region
  4. Global Africa Electric Scooters Market Trends
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Rising Urbanization
        2. Environmental Concerns
        3. Government Initiatives
        4. Fuel Price Volatility
      2. Restraints
        1. Infrastructure Challenges
        2. Regulatory Uncertainty
        3. Safety Concerns
        4. Limited Awareness and Accessibility
      3. Opportunities
        1. Expansion of Urban Mobility Solutions
        2. Last-Mile Connectivity
        3. Tourism and Leisure
        4. Economic Empowerment
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry

  5. Market Segmentation
    1. Global Africa Electric Scooters Market, By Product, 2020 - 2030 (USD Million)
      1. Retro Electric Scooter
      2. Standing/Self-Balancing Electric Scooters
      3. Folding Electric Scooters
    2. Global Africa Electric Scooters Market, By Battery, 2020 - 2030 (USD Million)
      1. Sealed Lead Acid
      2. NiMH
      3. Li-Ion
    3. Global Africa Electric Scooters Market, By Voltage, 2020 - 2030 (USD Million)
      1. 24V
      2. 36V
      3. 48V
      4. Greater than 48V
    4. Global Africa Electric Scooters Market, By Geography, 2020 - 2030 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia/New Zealand
        5. South Korea
        6. ASEAN
        7. Rest of Asia Pacific
      4. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
      5. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
  6. Competitive Landscape
    1. Company Profiles
      1. Gogoro, Inc.
      2. Honda Motor Co. Ltd.
      3. JIANGSU XINRI E-VEHICLE CO., LTD.
      4. KTM AG
      5. Mahindra GenZe
      6. Peugeot Scooters
      7. Ninebot Limited
      8. Suzuki Motor Corporation
      9. Terra Motors Corporation
      10. Vmoto Limited
  7. Analyst Views
  8. Future Outlook of the Market

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