Electric Scooter Lift and Carrier Market Size

Electric Scooter Lift and Carrier Market was valued at USD 174.6 million in 2023 and is projected to expand at around 5.5% CAGR from 2024 to 2032. The increasing popularity and adoption of electric scooters as a sustainable and convenient mode of transportation contribute significantly to the demand for accessories such as lifts and carriers. As more people choose electric scooters for commuting and leisure, the need for efficient and easy transportation solutions for these vehicles grows.

Urbanization trends and the resulting congestion in many cities create a demand for alternative transportation solutions. Based on UNCTAD estimates, as of 2022, 57% of the global population resided in urban areas. Notably, the past decade has witnessed significant urbanization, with the most pronounced shifts occurring in developing economies, particularly in Asia and Oceania. During this period, the urbanization rate in these regions rose from 44.0% in 2012 to 50.6% in 2022. Electric scooters provide a compact and agile mode of travel in congested urban environments. Carriers and lifts enable users to transport their electric scooters conveniently, making them a more practical choice for people living in urban areas.

Regulatory challenges related to the use of scooter lifts and carriers, including safety standards and compliance issues, can pose barriers to market expansion. Concerns about the safe transportation of electric scooters, adherence to traffic regulations, and compatibility with different scooter models may impact the acceptance and widespread adoption of these accessories.