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

By Type;

Normal and Electric.

By Electric Scooter Type;

Conventional and Swappable.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2020 - 2030).
Report ID: Rn726686913 Published Date: April, 2024 Updated Date: May, 2024

Introduction

Global Scooters Market (USD Million), 2020 - 2030

In the year 2023, the Global Scooters Market was valued at USD 75,811.68 million. The size of this market is expected to increase to USD 114,747.65 million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of 6.1%.

The Global Scooters Market represents a dynamic and rapidly evolving segment within the broader transportation industry, characterized by the increasing popularity of two-wheeled, motorized vehicles for personal mobility. Scooters have emerged as a versatile and efficient mode of transportation, particularly in urban areas where congestion and parking limitations pose significant challenges. Offering a convenient and cost-effective alternative to traditional automobiles, scooters appeal to a wide range of consumers, including commuters, students, and urban dwellers seeking agility and maneuverability in navigating crowded city streets. With their compact size, fuel efficiency, and ease of use, scooters have become synonymous with urban mobility solutions, contributing to the transformation of urban transportation landscapes worldwide.

The Global Scooters Market is driven by a convergence of factors, including changing consumer preferences, advancements in technology, and regulatory support for sustainable transportation solutions. Growing environmental awareness and concerns over air pollution have led to a shift towards cleaner and more fuel-efficient modes of transportation, with scooters emerging as a viable option. Manufacturers are responding to this trend by introducing electric scooters and hybrid models that offer reduced emissions and lower operating costs compared to traditional gasoline-powered scooters. Additionally, technological innovations such as connectivity features, lightweight materials, and improved battery technology are enhancing the performance, safety, and user experience of scooters, further driving market growth.

The Global Scooters Market is witnessing significant expansion opportunities driven by urbanization, rising disposable incomes, and the increasing adoption of micromobility solutions. As urban populations continue to grow, the demand for convenient and sustainable transportation options is expected to rise, creating opportunities for scooter manufacturers and service providers. Furthermore, the proliferation of ride-sharing and scooter-sharing services, coupled with supportive government policies and infrastructure investments, is fueling market growth and expanding access to scooters in urban areas worldwide. With ongoing innovation and investment in the sector, the Global Scooters Market is poised for continued growth and transformation, playing a pivotal role in shaping the future of urban mobility.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Electric Scooter Type
    3. Market Snapshot, By Region
  4. Global Scooters Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Urbanization
        2. Rising Fuel Costs
        3. Environmental Awareness
        4. Technological Advancements
        5. Growing Demand for Micromobility Solutions
      2. Restraints
        1. Safety Concerns
        2. Regulatory Challenges
        3. Limited Range and Speed
        4. Infrastructure Limitations
      3. Opportunities
        1. Electric Scooters Market Growth
        2. Expansion into Emerging Markets
        3. Integration of Connectivity Features
        4. Adoption of Sharing Services
        5. Development of Lightweight and Foldable Designs
    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 Scooters Market, By Type, 2020 - 2030 (USD Million)
      1. Normal
      2. Electric
    2. Global Scooters Market, By Electric Scooter Type, 2020 - 2030 (USD Million)
      1. Conventional
      2. Swappable
    3. Global 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. Honda Motor Co., Ltd.
      2. Piaggio & C. SpA
      3. Yamaha Motor Co., Ltd.
      4. Vespa (Piaggio & C. SpA)
      5. Suzuki Motor Corporation
      6. Hero MotoCorp Ltd.
  7. Analyst Views
  8. Future Outlook of the Market

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