Urja Daily
No Result
View All Result
  • News
  • Renewable
    • Solar
    • Rooftop
    • Floating Solar
    • Module
    • Wind
    • Hydrogen
    • Biomass
    • Tenders
    • Sustainibility
  • Storage
  • E-Mobility
  • EV Battery
  • Smart City
  • Power
    • Smart Grid
    • Microgrid
    • Off-Grid
  • Editor’s Pick
    • Articles
    • In Talks
    • E-MAG
    • Market Research
  • On-demand Webinars
  • More
    • Events
    • Contact Us
    • Subscribe
  • News
  • Renewable
    • Solar
    • Rooftop
    • Floating Solar
    • Module
    • Wind
    • Hydrogen
    • Biomass
    • Tenders
    • Sustainibility
  • Storage
  • E-Mobility
  • EV Battery
  • Smart City
  • Power
    • Smart Grid
    • Microgrid
    • Off-Grid
  • Editor’s Pick
    • Articles
    • In Talks
    • E-MAG
    • Market Research
  • On-demand Webinars
  • More
    • Events
    • Contact Us
    • Subscribe
No Result
View All Result
Urja Daily
No Result
View All Result
Home E-Mobility

Electric Scooters Market Size Worth $5.2 Billion By 2028

Urja Daily by Urja Daily
January 19, 2021
in E-Mobility
Reading Time: 2 mins read
0
Electric Scooter
Share on FacebookShare on TwitterShare on Linkedin

The global electric kick scooters market size is expected to reach USD 5.2 billion by 2028, according to a study conducted by Grand View Research, Inc. The market is expected to expand at a CAGR of 10.3% from 2021 to 2028. The growth of the market is attributed to the increasing penetration of cost-effective electric scooter sharing services across the globe.

Key suggestions from the report:

RELATED POSTS

E-Bikes: Driving the Shift Towards Sustainable Transportation

VinFast Opens EV Assembly Plant in Tamil Nadu

  • The Lithium-Ion (Li-Ion) segment dominated the market in 2020 and is expected to reach USD 3.4 billion by 2028
  • The 36V segment dominated the market in 2020 and is expected to reach USD 2.9 billion by 2028
  • Asia Pacific is projected to account for the majority market share and is expected to reach USD 3.5 billion by 2028

While the market is expected to witness promising growth opportunities in the long run, the COVID-19 pandemic is likely to negatively impact the market. Strict restrictions on transportation activities and lockdowns in the first half of 2020 paralyzed electric kick scooter retail business activities across the globe. While manufacturing and supply chain activities were severely disrupted, the situation was particularly challenging for the manufacturers and dealers of electric kick scooters. In the near future, however, the fear of public transportation could motivate consumers to seek alternate modes of transportation, thereby driving the market. The pandemic is expected to be an accelerator for the transition to sustainable mobility.

The need for product differentiation and the introduction of next-generation technology is anticipated to favor market growth. One of the key factors expected to boost demand for the two-wheeler is the shrinking parking spaces in metro cities. In recent times, these two-wheelers have gained prominence in countries such as the U.S., Germany, France, and Spain. The growing need to avoid traffic congestions and increased demand for micro-mobility options have encouraged vendors to manufacture folding electric scooters. These two-wheelers offer flexibility with minimum energy consumption and can be easily folded to the size of a suitcase.

An increase in greenhouse gas emissions has resulted in initiatives to combat climate change with hopes pinned on e-mobility. Several countries globally have started enacting climate change action plans to reduce vehicular emissions by adopting sustainable and eco-friendly transportation options. Furthermore, investments in clean energy and initiatives that are taken by governments to curb CO2 emissions are expected to boost the demand for electric scooters over the coming years.

North America is expected to be the fastest-growing regional market over the next few years. The U.S. is anticipated to emerge as an early adopter of e-scooters due to high technology penetration and developed e-charging infrastructure.

Tags: Electric Scooter
ShareTweetShare
Urja Daily

Urja Daily

Related Posts

E-Bikes

E-Bikes: Driving the Shift Towards Sustainable Transportation

by Palak
August 6, 2025
0

As the world collectively strives toward a greener future, sustainable transportation has become a critical global priority. Among the many...

VinFast

VinFast Opens EV Assembly Plant in Tamil Nadu

by Palak
August 6, 2025
0

VinFast has inaugurated its electric vehicle (EV) assembly plant at the SIPCOT industrial park in Thoothukudi, Tamil Nadu. In its...

Hindustan Zinc

Hindustan Zinc, GreenLine to Deploy EV and LNG Trucks for Green Logistics

by Palak
August 5, 2025
0

Mumbai, Udaipur : Hindustan Zinc Limited has launched one of India’s largest green logistics transitions in partnership with GreenLine Mobility Solutions...

Electric Cargo Bike

Key Hurdles Slowing Electric Cargo Bike Adoption

by Palak
July 24, 2025
0

As urban centers grapple with congestion, carbon emissions, and the pressure for sustainable last-mile delivery solutions, electric cargo bikes have...

Pedal Power

Pedal Power Surge: Bicycle Industry Poised for Rapid Expansion

by Palak
July 22, 2025
0

The bicycle industry is undergoing a dramatic transformation, emerging as one of the fastest-growing mobility sectors in the world. Fueled...

Next Post
Infrastructure Power Sustainable

Power Sustainable launches the Energy Infrastructure Partnership

China's automotive industry intensifies electrification efforts, sustainability a key focus

Aquarius Engines Signs Deal With Honda To Develop Electricity Generators

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED

GAIL

GAIL floats EPC tender for floating solar project in Uttar Pradesh

August 7, 2025
CORE Energy

CORE Energy Systems Raises Rs 2 Billion to Expand Nuclear and Defence Manufacturing

August 7, 2025

MOST VIEWED

  • Hydrom

    Hydrom and Thyssenkrupp Nucera Partner for Green Hydrogen Projects in Oman

    0 shares
    Share 0 Tweet 0
  • SFC India Selected Dassault Systèmes for Indigenization and Digital Transformation of Wastewater Treatment Plants

    0 shares
    Share 0 Tweet 0
  • Juniper Green Energy Secures 1 GW Solar Module Deal with First Solar

    0 shares
    Share 0 Tweet 0
  • PGCIL Wins ISTS Project for Renewable Energy Integration in Karnataka

    0 shares
    Share 0 Tweet 0

GAIL floats EPC tender for floating solar project in Uttar Pradesh

CORE Energy Systems Raises Rs 2 Billion to Expand Nuclear and Defence Manufacturing

Scatec Secures Financing for Solar Power Project in Brazil

Gentari Inks PPA with AWS for 80 MW Wind Project

Waaree Energies Begins Production at New Manufacturing Facility in Gujarat

EU Greenlights €11 Billion French Offshore Wind Support Scheme

Latest Magazine

© 2016 – 2025 TechZone Print Media | All Rights Reserved

  • About Us
  • Contact Us
No Result
View All Result
  • News
  • Renewable
    • Solar
    • Rooftop
    • Floating Solar
    • Module
    • Wind
    • Hydrogen
    • Biomass
    • Tenders
    • Sustainibility
  • Storage
  • E-Mobility
  • EV Battery
  • Smart City
  • Power
    • Smart Grid
    • Microgrid
    • Off-Grid
  • Editor’s Pick
    • Articles
    • In Talks
    • E-MAG
    • Market Research
  • On-demand Webinars
  • More
    • Events
    • Contact Us
    • Subscribe

© 2016 - 2025 TechZone Print Media | All Rights Reserved