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Last edited 07 Sep 2021
The global electric scooters market size is expected to reach USD 41.98 billion by 2030 growing at a CAGR of 7.7% over the forecast period, according to a study conducted by Expert Market Research, Inc.
Increasing adoption of e-scooters among the young population, the rising purchasing power of the middle-class in developing countries and rapid urbanisation are expected to significantly drive demand across the globe.
Electric scooters offer affordable last-mile transportation as compared to on-demand transportation. Agility and manoeuvrability in densely populated areas with high traffic congestion are additional advantages that are expected to fuel market growth.
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