Global Personal Transporter Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Vehicle Type;

E-bike, E-Scooter, Ehoverboard, E-skateboard, and Others.

By Product;

Retro, Standing/Self-Balancing, and Folding.

By Application;

On-Road and Off-Road.

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn375110052 Published Date: March, 2025 Updated Date: May, 2025

Introduction

Global Personal Transporter Market (USD Million), 2021 - 2031

In the year 2024, the Global Personal Transporter Market was valued at USD 1669.37 million. The size of this market is expected to increase to USD 3253.13 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 10.0%.

The global personal transporter market has witnessed significant growth in recent years, driven by advancements in technology, increasing urbanization, and a growing preference for eco-friendly transportation solutions. Personal transporters encompass a range of devices designed for individual mobility, such as electric scooters, hoverboards, electric unicycles, and self-balancing scooters. These compact, lightweight vehicles have gained popularity due to their convenience for short-distance commuting and leisure activities.

Key drivers of the personal transporter market include the rising demand for sustainable transportation options amidst concerns over environmental sustainability and urban congestion. Electric personal transporters offer a green alternative to traditional vehicles, emitting zero emissions and reducing the carbon footprint. Moreover, advancements in battery technology have improved the range and performance of electric transporters, enhancing their appeal to a broader consumer base.

The market faces challenges such as regulatory uncertainties and safety concerns associated with the use of electric scooters and similar devices in public spaces. Safety issues, including accidents and injuries, have prompted governments worldwide to impose regulations governing their usage and safety standards. These factors could potentially hinder market growth in regions with stringent regulatory frameworks or limited infrastructure support for alternative transportation modes.

Opportunities abound in the personal transporter market, driven by ongoing technological innovations and investments in smart mobility solutions. Manufacturers are focusing on developing safer, more efficient personal transporters with enhanced features such as GPS tracking, app integration for navigation and monitoring, and improved battery management systems. Additionally, the expanding urban population and increasing adoption of electric vehicles present promising opportunities for market expansion, particularly in densely populated cities where congestion and pollution are pressing issues.

The global personal transporter market is poised for continued growth as consumers increasingly seek convenient, sustainable mobility solutions. With ongoing advancements in technology and supportive regulatory initiatives, the market is expected to witness further innovation and adoption across diverse demographics and geographic regions. However, stakeholders must navigate regulatory challenges and prioritize safety to sustain long-term growth and consumer confidence in personal transportation alternatives.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, Vehicle Type
    2. Market Snapshot, By Product

    3. Market Snapshot, By Application
    4. Market Snapshot, By Region
  4. Global Personal Transporter Market
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Urbanization
        2. Environmental concerns
        3. Technological advancements
        4. Rising consumer demand
      2. Restraints
        1. Regulatory challenges
        2. Safety concerns
        3. Limited infrastructure
        4. High initial costs
      3. Opportunities
        1. Technological innovation
        2. Emerging markets
        3. Integration with smart cities
        4. Partnerships and collaborations
    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 Personal Transporter Market, By Vehicle Type, 2021 - 2031 (USD Million)
    2. Global Personal Transporter Market, By Product, 2021 - 2031 (USD Million)
      1. Retro
      2. Standing/Self-Balancing
      3. Folding
    3. Global Personal Transporter Market, By Application, 2021 - 2031 (USD Million)
      1. On-Road
      2. Off-Road
    4. Global Personal Transporter Market, By Geography, 2021 - 2031 (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 (Association of South East Asian Countries)
      4. Rest of Asia Pacific
        1. Middle East & Africa
        2. GCC
        3. Israel
        4. South Africa
        5. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. INMOTION TECHNOLOGIES
      2. Segway
      3. Honda Motor
  7. Analyst Views
  8. Future Outlook of the Market