Last edited 22 Jun 2021

Electric scooters

The global electric scooters market size is expected to reach USD 41.98 billion by 2030 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 community in developing countries and rapid urbanisation are expected to significantly drive product demand across the globe.

Electric scooters offer affordable last-mile transportation as compared to on-demand transportation. Agility and ease of maneuver in densely populated areas with high traffic congestion are additional advantages these vehicles offer, which is expected to fuel market growth of e-scooters.

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