Electric Scooter Market, by Product Type (Electric Retro Scooter and Electric Kick Scooter), by Technology (Plug-in and Battery), by Battery Type (Sealed Lead Acid, Lithium-ion, and Ni-MH), by Consumer Age (less than 14 years, 14-35 years, 36-60 years, and less than 60 years), by Applications (Transportation, Entertainment, Competition, and Others), and by Regions - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2018-2026

  • To Be Published : Aug 2018 |
  • Format : CMI Insight PPT Format CMI Insight PDF Format

Electric scooters are two or three wheeled electric vehicles that use electricity as its power source. The benefits delivered by electric scooters are fuel efficient, electricity powered vehicles, which are also lightweight, compact, easy to handle, and easy to manoeuvre.

Lack of conventional fuel sources along with concerns regarding growing carbon footprint is fuelling growth of the global electric scooter market

Growing demand for fuel efficient vehicles, due to low of availability of convectional fuel is one of the major driving factors for growth of the market. Increasing awareness among consumers regarding pollution, which is expected to further support the market growth. Another factor driving growth for electric scooter market is increasing CO2 emission in conjunction with factor such as regulations concerning exhaust gas emissions. The electric vehicles are fuel efficient vehicles, which in turn helps in reducing CO2 emission.

Automotive and transportation segment accounted for a major share in the global energy consumption market, which is a major factor leading to increasing CO2 emission. Owing to these factors, governments have implemented stringent regulations regarding reducing carbon footprint and enhancing fuel efficiency, and this is among key factors driving growth of the global electric scooter market. For instance, the European Union has set emissions standards. EU Regulation No 443/2009 sets an average CO2 emission target for new passenger cars of 130 grams/kilometre. A target of 95 grams/kilometer will apply from 2021. According to CIA World Factbook, conventional fuels, commonly referred to as the fossil fuels such as coal, oil, and gas are expected to be exhausted by 2052, if the global consumption of oil remains consistent with an annual oil consumption of over 11 billion tons. Therefore, stringent government rules and regulations towards controlling the emission of harmful gases will positively help in propelling growth of the market.

Lack of availability of charging points is one of the major factors hampering growth of the market

The scarcity of charging points in cities is a major challenging factor for growth of the global electric scooter market. These electric scooters does not have any other alternative source in place of battery. Thus, complete drain of the battery can stall the scooter and can put the traveller at risk. Moreover, prices of electric scooter are also very high, which in turn decreases the adoption of these scooters.

Lithium –ion battery segment is expected to account for the largest market share during the forecasted period

Increasing prices of gasoline and diesel fuel is expected to be major factor for increasing adoption of vehicles that are environment-friendly. Thus, increasing demand for electric vehicles is one of the major factors for high demand for lithium-ion battery. For instance, according to Coherent Market Insights’ analysis, the annual sales of electric scooters as 542,000 Units in 2015, which witnessed an increase to 850,000 Units in 2016. Moreover, another factor leading to increasing demand for lithium-ion batteries is that the weight of the battery is very low as compare to the other alternatives. This is expected to aid in increasing adoption of lithium-ion batteries, which is in turn supporting growth of the market during the forecasted period.

Global Electric Scooter Market: Regional Insights

The global electric scooter market is segmented on the basis of regions into North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. North America held a dominant position in the global electric scooter market in 2016, and is expected to retain its dominance throughout the forecast period. This growth is attributed to growing stringency of regulatory bodies towards reducing carbon footprint and emissions, and is also a major factor propelling growth of the regional market. For instance, Corporate Average Fuel Economy (CAFÉ) Standards in the U.S. is propagating adoption of energy efficient automotive by formulating regulations for reduction of petroleum consumption and enhancing utilization of alternative fuel vehicles such as hybrid vehicles. This in turn, creates a highly conducive environment for growth of the global electric scooter market in this particular region.

Global Electric Scooter Market: Regional Insights

Leading players in the market are introducing innovative products, to cater to increasing consumer demand. Global players are entering new markets in developing regions to expand their customer base and strengthen their market presence. For instance, in January 2017, Hyundai Motor Company launched the IONIQ Scooter at the 2017 Consumer Electronics Show (CES) in Las Vegas, U.S. IONIQ Scooter is a light weight electrically-powered scooter. This launch will help in gaining a competitive edge in the market of electric scooters.

Key players operating in the market include Honda Motor Co. Ltd., Brammo, Inc., AllCell Technologies, LLC, Mahindra & Mahindra Ltd, Terra Motors Corporation, Yamaha Motor Company Limited, Suzuki Motor Corporation, KTM AG, Peugeot Scooters, and Green Energy Motors Corp.

Global Electric Scooter Market: Taxonomy

By Product Type

  • Electric Retro Scooter
  • Electric Kick Scooter

By Technology

  • Plug-in
  • Battery

By Consumer Age

  • Less than 14 years
  • In between 14-35 years
  • In between 36-60 years
  • Less than 60 years

By Application

  • Transportation
  • Entertainment
  • Competition
  • Others

By Regions

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East
  • Africa

Research Methodology

Coherent Market Insights followsa comprehensive research methodology focused on providing the most precise market analysis. The company leverages a data triangulation model which helps company to gauge the market dynamics and provide accurate estimates. Key components of the research methodologies followed for all our market reports include:

  • Primary Research (Trade Surveys and Experts Interviews)
  • Desk Research
  • Proprietor Data Analytics Model

In addition to this, Coherent Market Insights has access to a wide range of the regional and global reputed paid data bases, which helps the company to figure out the regional and global market trends and dynamics. The company analyses the industry from the 360 Degree Perspective i.e. from the Supply Side and Demand Side which enables us to provide granular details of the entire ecosystem for each study. Finally, a Top-Down approach and Bottom-Up approach is followed to arrive at ultimate research findings.


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Coherent Market Insights desk research is based on a principle set of research techniques:

  • National level desk research: It Includes research analysis of regional players, regional regulatory bodies, regional trade associations, and regional organization.
  • Multinational level desk research: The research team keeps a track of multinational players, global regulatory bodies, global trade associations, and global organization.

Coherent Market Insights has a large amount of in-house repository of industry database. This is leveraged as a burner for initiating a new research study. Key secondary sources include:

  • Governmental bodies, National and international social welfare institutions, and organizations creating economic policies among others.
  • Trade association, National and international media and trade press.
  • Company Annual reports, SEC filings, Corporate Presentations, press release, news, and specification sheet of manufacturers, system integrators, brick and mortar - distributors and retailers, and third party online commerce players.
  • Scientific journals, and other technical magazines and whitepapers.
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Preliminary Data Mining

The raw data is obtained through the secondary findings, in house repositories, and trade surveys. It is then filtered to ensure that the relevant information including industry dynamics, trends, and outlook is retained for further research process.

Data Standardization:

Holistic approach is used to ensure that the granular and uncommon parameters are taken into consideration to ensure accurate results. The information from the paid databases are further combined to the raw data in order to standardize it.

Coherent Statistical model

We arrive at our final research findings through simulation models. Coherent Data Analytics Model is a statistical tool that helps company to forecast market estimates. Few of the parameters considered as a part of the statistical model include:

  • Micro-economic indicators
  • Macro-economic indicators
  • Environmental indicators
  • Socio-political indicators
  • Technology indicators

Data Processing

Once the findings are derived from the statistical model, large volume of data is process to confirm accurate research results. Data analytics and processing tools are adopted to process large chunk of collected informative data. In case, a client customizes the study during the process, the research finding till then are benchmarked, and the process for new research requirement is initiated again.

Data Validation

This is the most crucial stage of the research process. Primary Interviews are conducted to validate the data and analysis. This helps in achieving the following purposes:

  • It provides first-hand information on the market dynamics, outlook, and growth parameters.
  • Industry experts validates the estimates which helps the company to cement the on-going research study.
  • Primary research includes online surveys, face-to face interviews, and telephonic interviews.

The primary research is conducted with the ecosystem players including, but not limited to:

  • Raw Material Suppliers
  • Manufacturers
  • System Integrators
  • Distributors
  • End-users

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