How Big Is the Electric Scooter Market | Growth 2031

Q: How big is the electric scooter market size?

The electric scooter market is expected to reach USD 98.1 billion by 2031.

Q: What are the key factors driving electric scooter adoption?

Rising fuel prices, emission regulations, government subsidies, and eco-conscious consumer trends are driving adoption.

Q: What is the CAGR of the electric scooter market during the forecast period?

The electric scooter market is projected to grow at a CAGR of 14.1% from 2025 to 2031.

Q: What are the main challenges in the electric scooter market?

Key challenges include limited charging infrastructure, battery performance concerns, and high upfront costs in some regions.

Q: How does 6W market outlook report help businesses in making decisions?

6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.

Q: Do you also provide customisation in the market study?

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Code: MTA5799

Publication Date: Jul 2025

How big is the electric scooter market?

According to 6Wresearch internal database and industry insights, the Global Electric Scooter Market was valued at approximately USD 39.4 billion in 2024 and is projected to reach USD 98.1 billion by 2031, growing at a CAGR of 14.1% during the forecast period.

Rising fuel prices, stricter emission standards, and consumers growing desire for environmentally friendly mobility are the main drivers of this growth. Government subsidies for electric vehicles, growing urban congestion, and battery technology advancements are all contributing factors to the market growth.

Key Growth Factors of the Electric Scooter Market

Growing fuel costs are promoting the use of EVs by consumers.
Government funding for the construction of electric vehicles and infrastructure
The need for last-mile connectivity and the rate of urbanization
Lithium-ion batteries improved performance and range
Increasing environmental awareness and emission control regulations
Growth in ride-sharing and e-scooter rental services

Electric Scooter Market Trends

The market is shifting toward connected electric scooters with IoT integration, remote diagnostics, and mobile app control. Scooters that are small, lightweight, and foldable are becoming more popular among city commuters. Furthermore, fleet applications can now run faster thanks to advancements in battery swapping technology. Global interest in commercial fleets and private ownership is increasing.

Emerging Developments in the Electric Scooter Market

Manufacturers are concentrating on shortening charging times and increasing battery energy density. Regenerative braking, smart BMS (Battery Management Systems), and AI-based safety features are increasingly being integrated. In urban areas, subscription-based e-scooter services are also expanding. Competitive landscapes are being shaped by strategic alliances for the expansion of charging networks.