As per Intent Market Research, the Scooter Market was valued at USD 46.5 Billion in 2024-e and will surpass USD 78.2 Billion by 2030; growing at a CAGR of 9.0% during 2025 - 2030.
The scooter market is witnessing substantial growth, largely fueled by the increasing demand for sustainable urban mobility solutions and the rising popularity of eco-friendly transportation options. With the growing need for last-mile connectivity in congested urban environments, scooters, especially electric ones, are emerging as a preferred mode of transportation. The market is also benefiting from innovations in battery technology, which are improving the performance, range, and affordability of electric scooters.
As governments around the world invest in smart city infrastructure and push for environmentally conscious solutions, the scooter market is well-positioned for expansion. From electric scooters to traditional petrol-powered options, there is a broad spectrum of products catering to varying consumer preferences and usage needs, ensuring diverse opportunities for growth.
Electric Scooters are the Largest Segment Owing to Sustainability and Cost-Effectiveness
Electric scooters dominate the scooter market due to their sustainability benefits, lower operating costs, and growing adoption among both individual and business consumers. These scooters offer a cleaner alternative to traditional petrol-powered scooters, contributing to reduced emissions and lower environmental impact.
The integration of advanced lithium-ion batteries has enhanced the efficiency, range, and charging times of electric scooters, making them an increasingly attractive option for urban commuters. Electric scooters are not only more affordable to operate compared to petrol scooters but also align with global trends towards greener and more eco-friendly transportation options. This has led to widespread adoption by consumers and businesses alike, particularly in dense urban areas where convenience and environmental consciousness are paramount.
Lithium-Ion Batteries are the Fastest-Growing Battery Type Due to Performance and Durability
Lithium-ion batteries are the fastest-growing battery type in the scooter market, driven by their superior energy density, long lifespan, and faster charging capabilities compared to traditional lead-acid batteries. These batteries are particularly popular in electric scooters, as they provide a longer range and better performance, crucial for urban mobility.
As the demand for electric scooters rises, consumers and manufacturers alike are gravitating towards lithium-ion batteries, which offer a lightweight and efficient energy solution. The technology improvements in lithium-ion batteries are expected to continue driving their adoption, enabling electric scooters to become a more viable option for longer commutes and daily use. Additionally, the decreasing cost of lithium-ion batteries is making electric scooters more affordable, further contributing to their growth in the market.
Personal Transportation is the Largest Application Segment Due to Urban Commuting Needs
The personal transportation segment is the largest application area in the scooter market, driven by the increasing need for affordable, efficient, and eco-friendly modes of transportation for daily commuting. With urbanization on the rise, personal scooters—especially electric ones—offer a convenient solution for short-distance travel and last-mile connectivity, which is essential in traffic-congested cities.
Consumers are increasingly turning to electric scooters as a way to avoid the costs and hassles associated with traditional vehicles, including fuel expenses, parking, and traffic. This trend is particularly prevalent among young urban professionals who prefer a flexible and sustainable mode of transport. As cities adopt greener transport policies and improve infrastructure, personal transportation via scooters is expected to continue dominating the market.
Individuals are the Largest End-User Segment Due to Demand for Personal Mobility Solutions
Individuals are the largest end-user segment in the scooter market, driven by the growing demand for convenient and sustainable personal transportation options. The increasing awareness of environmental concerns, coupled with rising fuel prices, has led individuals to seek alternatives to traditional cars and motorcycles. Electric scooters, in particular, are seen as a cost-effective, flexible, and eco-friendly mode of transport for urban commuters.
Moreover, the proliferation of scooter-sharing services, particularly in cities with heavy traffic congestion, is contributing to the growth of the individual segment. Consumers are drawn to the flexibility, low maintenance costs, and minimal environmental impact of electric scooters, which make them an ideal solution for daily commutes and short trips. As awareness of the benefits of scooters continues to grow, this segment is likely to maintain its leadership in the market.
Asia-Pacific Region Drives Scooter Market Growth with Increasing Demand
The scooter market is witnessing rapid growth, with the Asia-Pacific (APAC) region leading the charge. This growth is primarily driven by the rising demand for affordable, efficient, and eco-friendly transportation options in densely populated cities. The growing adoption of electric scooters in countries like China and India, due to government incentives and increased environmental awareness, has further accelerated the market's expansion. The APAC region also benefits from the rising popularity of scooters as an ideal solution for short-distance travel and urban mobility, making it a key market for both traditional and electric scooters.
Competitive Landscape
The scooter market is becoming increasingly competitive, with key players such as Honda Motor Co., Ltd., Xiaomi Corporation, and Segway-Ninebot leading the charge in both electric and traditional scooter offerings. These companies are focusing on technological advancements, such as improved battery performance, enhanced scooter designs, and integration with mobile apps for enhanced user experience.
Electric scooter manufacturers are also forming strategic partnerships with ride-sharing platforms, aiming to capture a larger share of the commercial-use market. The ongoing innovation in battery technology, coupled with supportive government policies promoting clean energy vehicles, is expected to foster increased competition in the market. As more companies enter the market and the demand for sustainable transportation options grows, the competitive landscape will likely become even more dynamic.
List of Leading Companies:
- Honda Motor Co., Ltd.
- Yamaha Motor Co., Ltd.
- Piaggio & C. SpA (Vespa, Aprilia)
- Suzuki Motor Corporation
- TVS Motor Company
- Hero MotoCorp Ltd.
- Bajaj Auto Ltd.
- NIU Technologies
- Gogoro Inc.
- Lime (Neutron Holdings, Inc.)
- Bird Global, Inc.
- Segway-Ninebot
- Mahindra Two Wheelers
- KYMCO (Kwang Yang Motor Co., Ltd.)
- Zero Motorcycles, Inc.
Recent Developments:
- Honda Motor Co., Ltd. introduced a next-generation hybrid scooter with AI-based navigation assistance in January 2025.
- Yamaha Motor Co., Ltd. unveiled a new high-performance electric scooter with extended battery life in December 2024.
- Piaggio & C. SpA expanded its Vespa lineup with a retro-styled electric scooter in November 2024.
- NIU Technologies partnered with a global ride-sharing platform to deploy smart electric scooters in October 2024.
- Gogoro Inc. launched a swappable battery station network in key European cities to support electric scooter adoption in September 2024.
Report Scope:
Report Features |
Description |
Market Size (2024-e) |
USD 46.5 Billion |
Forecasted Value (2030) |
USD 78.2 Billion |
CAGR (2025 – 2030) |
9.0% |
Base Year for Estimation |
2024-e |
Historic Year |
2023 |
Forecast Period |
2025 – 2030 |
Report Coverage |
Market Forecast, Market Dynamics, Competitive Landscape, Recent Developments |
Segments Covered |
Scooter Market By Type (Electric Scooters, Petrol Scooters, Kick Scooters, Others), By Battery Type (Lead-Acid Battery, Lithium-Ion Battery), By Wheel Size (Small-Wheel Scooters, Large-Wheel Scooters), By Application (Personal Transportation, Commercial Use), and By End-User (Individuals, Businesses, Government & Public Sector) |
Regional Analysis |
North America (US, Canada, Mexico), Europe (Germany, France, UK, Italy, Spain, and Rest of Europe), Asia-Pacific (China, Japan, South Korea, Australia, India, and Rest of Asia-Pacific), Latin America (Brazil, Argentina, and Rest of Latin America), Middle East & Africa (Saudi Arabia, UAE, Rest of Middle East & Africa) |
Major Companies |
Honda Motor Co., Ltd., Yamaha Motor Co., Ltd., Piaggio & C. SpA (Vespa, Aprilia), Suzuki Motor Corporation, TVS Motor Company, Hero MotoCorp Ltd., NIU Technologies, Gogoro Inc., Lime (Neutron Holdings, Inc.), Bird Global, Inc., Segway-Ninebot, Mahindra Two Wheelers, Zero Motorcycles, Inc. |
Customization Scope |
Customization for segments, region/country-level will be provided. Moreover, additional customization can be done based on the requirements |
Frequently Asked Questions
1. Introduction |
1.1. Market Definition |
1.2. Scope of the Study |
1.3. Research Assumptions |
1.4. Study Limitations |
2. Research Methodology |
2.1. Research Approach |
2.1.1. Top-Down Method |
2.1.2. Bottom-Up Method |
2.1.3. Factor Impact Analysis |
2.2. Insights & Data Collection Process |
2.2.1. Secondary Research |
2.2.2. Primary Research |
2.3. Data Mining Process |
2.3.1. Data Analysis |
2.3.2. Data Validation and Revalidation |
2.3.3. Data Triangulation |
3. Executive Summary |
3.1. Major Markets & Segments |
3.2. Highest Growing Regions and Respective Countries |
3.3. Impact of Growth Drivers & Inhibitors |
3.4. Regulatory Overview by Country |
4. Scooter Market, by Type (Market Size & Forecast: USD Million, 2023 – 2030) |
4.1. Electric Scooters |
4.2. Petrol Scooters |
4.3. Kick Scooters |
4.4. Others |
5. Scooter Market, by Battery Type (Market Size & Forecast: USD Million, 2023 – 2030) |
5.1. Lead-Acid Battery |
5.2. Lithium-Ion Battery |
6. Scooter Market, by Wheel Size (Market Size & Forecast: USD Million, 2023 – 2030) |
6.1. Small-Wheel Scooters |
6.2. Large-Wheel Scooters |
7. Scooter Market, by Application (Market Size & Forecast: USD Million, 2023 – 2030) |
7.1. Personal Transportation |
7.2. Commercial Use |
8. Scooter Market, by End-User (Market Size & Forecast: USD Million, 2023 – 2030) |
8.1. Individuals |
8.2. Businesses |
8.3. Government & Public Sector |
9. Regional Analysis (Market Size & Forecast: USD Million, 2023 – 2030) |
9.1. Regional Overview |
9.2. North America |
9.2.1. Regional Trends & Growth Drivers |
9.2.2. Barriers & Challenges |
9.2.3. Opportunities |
9.2.4. Factor Impact Analysis |
9.2.5. Technology Trends |
9.2.6. North America Scooter Market, by Type |
9.2.7. North America Scooter Market, by Battery Type |
9.2.8. North America Scooter Market, by Wheel Size |
9.2.9. North America Scooter Market, by Application |
9.2.10. North America Scooter Market, by End-User |
9.2.11. By Country |
9.2.11.1. US |
9.2.11.1.1. US Scooter Market, by Type |
9.2.11.1.2. US Scooter Market, by Battery Type |
9.2.11.1.3. US Scooter Market, by Wheel Size |
9.2.11.1.4. US Scooter Market, by Application |
9.2.11.1.5. US Scooter Market, by End-User |
9.2.11.2. Canada |
9.2.11.3. Mexico |
*Similar segmentation will be provided for each region and country |
9.3. Europe |
9.4. Asia-Pacific |
9.5. Latin America |
9.6. Middle East & Africa |
10. Competitive Landscape |
10.1. Overview of the Key Players |
10.2. Competitive Ecosystem |
10.2.1. Level of Fragmentation |
10.2.2. Market Consolidation |
10.2.3. Product Innovation |
10.3. Company Share Analysis |
10.4. Company Benchmarking Matrix |
10.4.1. Strategic Overview |
10.4.2. Product Innovations |
10.5. Start-up Ecosystem |
10.6. Strategic Competitive Insights/ Customer Imperatives |
10.7. ESG Matrix/ Sustainability Matrix |
10.8. Manufacturing Network |
10.8.1. Locations |
10.8.2. Supply Chain and Logistics |
10.8.3. Product Flexibility/Customization |
10.8.4. Digital Transformation and Connectivity |
10.8.5. Environmental and Regulatory Compliance |
10.9. Technology Readiness Level Matrix |
10.10. Technology Maturity Curve |
10.11. Buying Criteria |
11. Company Profiles |
11.1. Honda Motor Co., Ltd. |
11.1.1. Company Overview |
11.1.2. Company Financials |
11.1.3. Product/Service Portfolio |
11.1.4. Recent Developments |
11.1.5. IMR Analysis |
*Similar information will be provided for other companies |
11.2. Yamaha Motor Co., Ltd. |
11.3. Piaggio & C. SpA (Vespa, Aprilia) |
11.4. Suzuki Motor Corporation |
11.5. TVS Motor Company |
11.6. Hero MotoCorp Ltd. |
11.7. Bajaj Auto Ltd. |
11.8. NIU Technologies |
11.9. Gogoro Inc. |
11.10. Lime (Neutron Holdings, Inc.) |
11.11. Bird Global, Inc. |
11.12. Segway-Ninebot |
11.13. Mahindra Two Wheelers |
11.14. KYMCO (Kwang Yang Motor Co., Ltd.) |
11.15. Zero Motorcycles, Inc. |
12. Appendix |
A comprehensive market research approach was employed to gather and analyze data on the Scooter Market. In the process, the analysis was also done to analyze the parent market and relevant adjacencies to measure the impact of them on the Scooter Market. The research methodology encompassed both secondary and primary research techniques, ensuring the accuracy and credibility of the findings.
Secondary Research
Secondary research involved a thorough review of pertinent industry reports, journals, articles, and publications. Additionally, annual reports, press releases, and investor presentations of industry players were scrutinized to gain insights into their market positioning and strategies.
Primary Research
Primary research involved conducting in-depth interviews with industry experts, stakeholders, and market participants across the E-Waste Management ecosystem. The primary research objectives included:
- Validating findings and assumptions derived from secondary research
- Gathering qualitative and quantitative data on market trends, drivers, and challenges
- Understanding the demand-side dynamics, encompassing end-users, component manufacturers, facility providers, and service providers
- Assessing the supply-side landscape, including technological advancements and recent developments
Market Size Assessment
A combination of top-down and bottom-up approaches was utilized to analyze the overall size of the Scooter Market. These methods were also employed to assess the size of various subsegments within the market. The market size assessment methodology encompassed the following steps:
- Identification of key industry players and relevant revenues through extensive secondary research
- Determination of the industry's supply chain and market size, in terms of value, through primary and secondary research processes
- Calculation of percentage shares, splits, and breakdowns using secondary sources and verification through primary sources
Data Triangulation
To ensure the accuracy and reliability of the market size, data triangulation was implemented. This involved cross-referencing data from various sources, including demand and supply side factors, market trends, and expert opinions. Additionally, top-down and bottom-up approaches were employed to validate the market size assessment.