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Electric Kick Scooter Market Share

Report ID: GMI5794
Published Date: Mar 2024
Report Format: PDF

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Electric Kick Scooter Market Share

SEGWAY INC. and Niu International hold a significant market share of over 5% in the electric kick scooter industry. These players are constantly engaging in partnerships, investments initiatives and acquisitions to reinforce their market footprint. Technological upgradations and new product launches are also actively essayed by these firms to cater to the thriving consumer and end-user requirements.

Electric Kick Scooter Market Companies

Major companies operating in the electric kick scooter industry are:

Apollo Scooters
GOTRAX
iconBIT
Inokim Inc
Joyor
Kaabo Scooter
Micro Mobility Systems AG
Niu International
Razor USA LLC
SEGWAY INC.
SWAGTRON
Xiaomi.
Yadea Technology Group Co., Ltd.
ZHEJIANG DUALTRON ESCOOTER CO LTD

Authors: Preeti Wadhwani, Aishvarya Ambekar

Frequently Asked Questions (FAQ) :

The market size of electric kick scooter reached USD 2.9 billion in 2023 and is set to witness 10% CAGR from 2024 to 2032, led by increasing acquisitions among leading companies, alongside proliferation of ride-sharing and micro-mobility services.

The all-terrain kick scooters segment expected to account for a market share of over 40% in 2023, as they appeal to outdoor enthusiasts, adventurers, and recreational riders seeking an exhilarating and eco-friendly means of exploring nature.

North America dominated the market with a major share of over 33% in 2023, attributed to rapid urbanization, coupled with growing concerns about traffic congestion and environmental sustainability.

Apollo Scooters, GOTRAX, iconBIT, Inokim Inc, Joyor, Kaabo Scooter, Micro Mobility Systems AG, Niu International, Razor USA LLC, SEGWAY INC., SWAGTRON, Xiaomi, Yadea Technology Group Co., Ltd., and ZHEJIANG DUALTRON ESCOOTER CO LTD.