Electric Scooters Statistics 2024 and Facts

Introduction

Electrical Scooters Statistics: The demand for electric scooters has elevated since 2018. Nonetheless, after the Russia-Ukraine conflict, the market boomed enormously on account of rising gasoline costs, which was one of many essential elements influencing the upper adoption charges of e-scooters. Lots of of worldwide producers are inventing new electrical scooter fashions yearly, together with many options, sorts, and budget-friendly ones. This Electrical Scooters Statistics consists of a number of insights on present developments that may information you successfully, and within the coming 12 months, the market is anticipated to proceed its development trajectory.

Editor’s Alternative

• As of 2023, the worldwide electrical scooter market has accounted for $37.07 billion and can develop by $78.65 billion by 2030, with a compound annual development charge of 9.9% from 2023 to 2030.
• The electrical scooter market accounted for an 8% share of general 2-wheelers in 2023.
• The estimated market development of worldwide e-scooters will develop at a CAGR of 9.38% from 2023 to 2027, leading to gross sales items of 4,261.82 thousand.
• The highest startup firms of e-scooters, comparable to Like, Chook, Lime, and many others., will make unimaginable development of seven.3% CAGR.
• Based on electrical scooter statistics, e-scooters earn $3.65 per experience, and the per-minute cost is $0.15.
• In international locations comparable to the US, Latin America, Canada, and Europe, the general income of electrical scooters has elevated by 21% in 2023, leading to roughly $5 billion.
• By the top of 2023, electrical scooter and motorbike gross sales in India could have created a brand new report with 866.853 gross sales and a 33.5% gross sales development.
• Based on a Statistics report evaluation, as of 2024, income earned by The e-scooter-sharing market will likely be $2,041 million.
• The highest electrical scooter producers are Segway-Ninebot, Xiaomi, Kixin, Okai, and Hiboy, accounting for 80% of the worldwide market share.
• Nation-wise utilization proportion of e-scooter sharing from April 2022 to March 2023, wherein Vietnam secured a 17% market share.

Info About Electrical Scooters

• The excessive demand for electrical scooter companies has elevated since 2020, with gross sales items of round 50 million.
• Based on a survey organized by Populus, virtually 70% of respondents have reviewed optimistic views about e-scooters.
• Vital gamers in electrical scooters are Segway-Ninebot, Inmotion, Razor, E-TWOW, EcoReco, Airwheel, Glion Dolly, Jrtson, Xiaomi, and many others.
• The three most distinguished entrepreneurs of electrical scooters are China, India, and South East Asia.
• Just lately, e-scooters have been believed to be manufactured with rechargeable batteries with higher capacities.
• The designs of electrical scooters are actually extra simple and sensible, wherein frames are made up of metal, fiber, carbon, and titanium.
• Normally, a single e-scooter weighs between 13.9 kg and 15.2 kg.

Common Electrical Scooters Statistics

• Based on analysis revealed by Grand View Analysis Inc., by the top of 2030, the worldwide market of electrical scooters is anticipated to achieve $41.98 billion and can go a CAGR of 8.5%.
• By that point, the Asia Pacific will dominate the worldwide market of e-scooters price as much as $26.25 billion.
• It’s also anticipated that by 2028, international gross sales of e-scooters will attain above 129 million items.
• In the meantime, worldwide e-scooters and bikes will attain $13,864 million by 2025.

(Supply: technavio.com)

• The Asia Pacific area will contribute % a development charge of 81% from 2023 to 2027.
• As of 2028, the worldwide electrical scooter market is predicted to achieve $37.44 billion, with a development charge of 13% CAGR from 2022 to 2028.

(Supply: mordorintelligence.com)

• The worldwide electrical scooter and motorbike market measurement in 2024 will method roughly $1.03 billion.
• By 2029, the market valuation will attain $1.40 billion at a CAGR of 6.43% from 2024 to 2029.

Electrical Scooter Statistics by Market Valuation

(10-12 months Analyses From 2021 to 2030)

(Reference: statzon.com)

• The market worth of worldwide electrical scooters in 2023 will account for $76,335 million and attain above $94,536 million by the top of 2024.
• Moreover, in coming years, international electrical scooter market valuations are adopted by 2025 ($117,562 million), 2026 ($146,669 million), 2027 ($183,922 million), 2028 ($233,385 million), 2029 ($299,670 million), and 2030 ($389,007 million).

Electrical Scooter Segmental Evaluation

• The hub drive motor sort is anticipated to dominate the electrical scooter market with a share above 70%.
• Alternatively, the belt chain sort phase will develop at a CAGR of 11.2% from 2023 to 2030.
• The electrical scooter market is assessed into industrial and private use based mostly on end-use. Within the above forecasted interval, the non-public use phase will dominate by 60% international share within the e-scooter market.
• The industrial phase’s annual development will likely be roughly 12.7% (2023- 2030).
• The 48V is the fastest-growing class based mostly on voltage; virtually 70.4% of earnings was generated.
• The quickest rising energy output phase within the North American e-scooter market is 20KW to 100KW, with an annual development charge of 37.4% CAGR.

Electrical Scooter Investor Statistics

• The highest investor in e-scooters is Lime, leading to a complete capital raised of round $455 with a valuation of $1000.
• Different traders and their raised capital within the e-scooter market are Chook ($415), Grin and Yellow ($270), Vogo ($110), Flash ($63), VOI Know-how ($53), Skip ($31), Tier Mobility ($29), Dot1 ($23), Wind Mobility ($22), Spin ($8), and Beam ($6.4).

Indian Electrical Scooter Statistics

• In 2023, electrical scooter and motorbike gross sales will create a brand new report with 866.853 gross sales and a 33.5% gross sales development.
• As of December 2023, the market chief Ola Electrical accounted for a share of over 25%, leading to 228.700 items of gross sales, i.e., 110.4% annual gross sales share.
• Different firms gross sales share of e-scooter are TVS Motor (210.2%), Ather (116.2%), Bajaj Auto (202.9%), Hero Electrical (-53.4%), Ampere (-29.6%), and Okinawa (-71%).

(Supply: autocarindia.com)

• Based on Auto automobile India electric scooters statistics, As of July 2023, whole home gross sales of digital two-wheelers are Ola Electrical (18,333 items), TVS (9,599 items), Ather Vitality (6,198 items), Bajaj Chetak (3,912 items), Okinawa (2,138 items), Ampere (1,343 items), Vida (951 items), and Hero Electrical (759 items).

8-year Analyses From 2023 to 2030

(Reference: statista.com)

• The penetration charge of electrical scooters in India in 2023 was 13% and is meant to method 19% by 2024.
• In coming years, predicted penetration charges are adopted by 2025 (26%), 2027 (42%), 2028 (52%), 2029 (63%), and 2030 (75%).

America Electrical 2-Wheeler Statistics by Kind

(Reference: statista.com)

• In the US, the electric-powered two-wheeler market is segmented into electrical bicycles, scooters, and bikes.
• As of 2024, the gross sales of e-bicycles are anticipated to be highest, leading to 278,974 items.
• The e-scooter gross sales will likely be 21,756 items, and e-motorcycles will likely be 37,667 items.
• In the US of America, cities with a optimistic notion share of e-scooters are adopted by Atlanta (79%), Austin (76%), Denver (76%), Chicago (75%), DC (72%), Los Angeles (71%), San Jose (69%), Seattle (68%), New York Metropolis (67%), and San Francisco (52%).

Electrical Scooter Statistics by Demographics

• The world over, the utmost utilization share of e-scooters comes from males (52%), girls (43%), and others (5%).
• Common customers share of e-scooter based mostly on age group are adopted by 18-24 years (6%), 25-34 years (44%), 35-44 years (27%), 45-54 years (11%), above 65 years (7%), others (5%).
• Primarily based on earnings, 75% of individuals having e-scooters earn between $25K to $50K yearly, 72% (beneath $25K), 69% ($50K to $100K), 66% ($100K to $200K), and 64% (above $200K).
• E-scooter customers share statistics by race/ethnicity: Non-Hispanic (67%), Hispanic (10%), African American (5%), Asian (3%), and others (17%).

Electrical Scooter Statistics by Geography

• By 2030, the Asia Pacific area will register the biggest market share of e-scooters, leading to $162 billion with a CAGR of 23%.
• In the meantime, the market share is projected to achieve $13.07 billion within the North American area, with a CAGR of 25.6%.
• The European area’s market share of electrical scooters is anticipated to develop at a CAGR of 15.5% from 2021 to 2028.
• The compound annual development charges of the market share from 2023 to 2033, based mostly on international locations, are America (9%), The UK (8.9%), Germany (8.8%), China (8.7%), and India (8.5%).

E-Scooter Sharing Statistics

• Based on a Statistics report evaluation, as of 2024, income earned by The e-scooter-sharing market will likely be $2,041 million and $3,045 million by 2028.
• The annual income development charge is projected at a CAGR of 10.52% from 2024 to 2028.
• By 2028, the overall variety of customers ought to attain above 143.40 million.
• In the meantime, predicted person penetration in 2024 and 2028 will likely be 1.3% and 1.8%, respectively.
• As of 2024, the US of America will generate the best income share, leading to $768 million.

(Supply: statista.com)

• The above graph describes the country-wide utilization proportion of e-scooter sharing from April 2022 to March 2023, wherein Vietnam secured a 17% market share.
• Moreover, different international locations are adopted by Sweden (16%), Denmark (13%), Egypt (13%), Australia (10%), France (9%), United Kingdom (8%), the US (8%), Italy (8%), Canada (5%), Japan (2%), and Argentina (2%).

Electrical Scooter Batteries Market Statistics

(Reference: maximizemarketresearch.com)

• The electrical scooter battery market is anticipated to surpass $9.93 billion by the top of 2029, with an annual development charge of 20.86% from 2023 to 2029.
• As of 2023, the lithium-ion battery has the biggest market share, accounting for 14.2% CAGR, leading to $56.8 billion, and it’s anticipated to venture $187.1 billion by 2032.
• In the meantime, the utilization of lithium-ion batteries within the Asia Pacific area held a share of 28.67% in 2023.
• By the top of 2028, the worldwide annual development charge of scooter batteries will increase in North America and Asia Pacific at a CAGR of 24% and 25%, respectively.

Electrical Kick Scooter Statistics

• The worldwide market measurement of electrical kick scooters in 2023 will value $4.90 billion.
• The market is anticipated to achieve $12.18 billion by 2030, and the expansion charge is meant to be 13.9% CAGR from 2024 to 2030.
• The Asia Pacific achieved the area’s highest market share, with 75.2% in 2023.
• The hub drive phase is the dominating phase based mostly on drive, which has accounted for greater than 92% of the share.
• In the meantime, the non-public end-use phase led over the industrial phase, leading to a 60% market share.

Electrical Scooter Accident Statistics

• 48% of e-scooter riders have been injured and have been aged between 18 and 29 years.
• 33% of first-time e-scooter riders have sustained accidents in 2023.
• Electrical scooter customers don’t put on helmets, however solely 5% put on helmets on each experience.
• After accidents, 38% of individuals claimed they might once more experience e-scooters.
• Virtually 80% of deaths occurred due to automobile accidents.
• Different accident statistics are harmful roadways (20%), sudden falls (80%), and absence of a helmet (95%).

Future Market Dimension Statistics

• A report revealed by McKinsey and Firm states that by the top of 2030, the electrical scooter trade’s market measurement is predicted to rise.
• In the US, the market measurement will likely be between $200 billion and $300 billion.
• Moreover, different international locations’ market valuations are speculated to be in Europe ($100 – $150 billion) and China ($30 – $50 billion).

Finest E-Scooters in 2024

• GoTrax GMax Extremely Electrical Scooter (prices $649 at Amazon)
• InMotion S1 Electrical Scooter (accessible at Amazon prices $699).
• Swagtron Swagger 5 Enhance ($$48 at Amazon)
• E-Twow GT SE (accessible at eWheels and prices $895)
• Unagi E500 (prices $990 at Finest Purchase)

Conclusion

Based on Electrical Scooters Statistics, electrical scooters have a number of advantages as they’re reasonably priced, eco-friendly, and handy modes of transportation. World individuals have been investing appreciable quantities on this market just lately; thus, the general market is gaining immense recognition. E-scooters can scale back environmental impacts as they use batteries as a substitute of fuels. These statistics have included all current analyses of various segments, comparable to market share, sort, demographics, geography, unintended analyses, and future statistics. Go completely via the article to get a transparent and fundamental thought concerning the international market.

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