“Scooter Global Market Report 2023 ” from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on scooter market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Reasons to Purchase
- Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
- Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
- Assess the Russia - Ukraine war's impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
- Measure the impact of high global inflation on market growth.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market shares.
- Benchmark performance against key competitors.
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- All data from the report will also be delivered in an excel dashboard format.
Where is the largest and fastest growing market for scooter? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? “The scooter market global report ” from The Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
The impact of higher inflation in many countries and the resulting spike in interest rates.
The continued but declining impact of COVID-19 on supply chains and consumption patterns.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
- 1) Product Type: Electric Scooters; Gas Scooters; Kick Scooters
- 2) By Application: Commercial; Individual
- Companies Mentioned: Yadea Technology Group Co. Ltd.; Ninebot Limited; Neutron Holdings Inc. (Lime); Bird Rides Inc.; Spin
- Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA
- Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
- Time series: Five years historic and ten years forecast.
- Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
- Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
- Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
- Delivery format: PDF, Word and Excel Data Dashboard.
Executive Summary
Major players in the scooter market are: Yadea Technology Group Co., Ltd., Ninebot Limited, Neutron Holdings, Inc. (Lime), Bird Rides, Inc., Spin, Gotrax, Segway Inc., Razor USA LLC, Uber Technologies Inc. (Jump), OKAI, Z Electric Vehicle, Jonway, Sym, Bajaj, Piaggio, Chicago Scooter Company, Yamaha, Honda, Wolf Brand Scooters, and Vespa.
The global scooter market is expected to grow from $64.21 billion in 2022 to $69.36 billion in 2023 at a compound annual growth rate (CAGR) of 8.02%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The scooter market is expected to reach $90.64 billion in 2027 at a compound annual growth rate (CAGR) of 6.92%.
The scooter market consists of sales of electric scooter, balancing scooter, e-scooter and motor cycle. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (Inc.luding downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market Inc.ludes related services sold by the creators of the goods.
The scooter refers to a small, open, two-wheeled motor vehicle where the driver sits with their legs together and their feet resting on the floorboard above an enclosed engine. Scooters can be powered by fuel, electricity, or self-propelled. Scooters are found in various styles, colors, and sizes.
Asia-Pacific was the largest region in the scooter market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in this report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The main types of scooters are electric scooters, gas scooters, and kick scooters. The electric scooter refers to a two-wheeled, motorcycle-style vehicle with an electric engine but no seat. Additionally, it lacks handlebars and pedals because the user pushes it along the ground to move it. The scooters are used for commercial and individual purposes.
The investment in road construction is driving the scooter market. Road construction leads to the repair, maintenance and building of new roads for the ease of transporation. Good quality roads help vehicles, especially two-wheelers, run smoothly without jerks and obstructions. Scooters work more efficiently when the roads are properly built. Countries are investing in the construction of roads to improve transportation facilities. For instance, the Ministry of Road Transport and Highways has received funding from the Indian government of $13.14 billion to construct roads and highways. Thus, an Inc.rease in investment will propel the scooter market.
Technological advancement is a key trend in the scooter market. Technologies such as artificial intelligence are used in manufacturing scooters to keep track of traffic, ensure battery backup in case of electric scooters, help delivery services in tracking locations, finding parking spaces, and various other purposes. In April 2022, Voi Technology, a Sweden-based micro-mobility startup that provides electric scooters for last-mile transportation, partnered with Drover AI. Through this partnership, Voi will use AI technology to deploy computer vision in e-scooters throughout Oslo that manages sidewalk driving, modify e-scooter parking lots, and provide a safe driving experience. Drover AI is a software development company that creates IoT solutions backed by AI to manage fleets of last-mile vehicles.
In March 2022, Tier, a Europe-based shared micro-mobility provider, acquired Ford-owned micromobility operator Spin for an undisclosed amount. Through this acquisition, TIER gains access to North America and grows to become the largest multimodal micromobility provider in the world in terms of cities and cars. Spin is a San Fransico-based micromobility unit of Ford Motor Company.
The countries covered in the Scooter market report are: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not Inc.lude revenues from resales along the supply chain, either further along the supply chain or as part of other products.
The scooter market research report is one of a series of new reports from The Business Research Company that provides scooter market statistics, Inc.luding scooter industry global market size, regional shares, competitors with a scooter market share, detailed scooter market segments, market trends and opportunities, and any further data you may need to thrive in the scooter industry. This scooter market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
Table of Contents
1. Executive Summary
2. Scooter Market Characteristics
3. Scooter Market Trends And Strategies
4. Scooter Market - Macro Economic Scenario
- 4.1. COVID-19 Impact On Scooter Market
- 4.2. Ukraine-Russia War Impact On Scooter Market
- 4.3. Impact Of High Inflation On Scooter Market
5. Scooter Market Size And Growth
- 5.1. Global Scooter Historic Market, 2017-2022, $ Billion
- 5.1.1. Drivers Of The Market
- 5.1.2. Restraints On The Market
- 5.2. Global Scooter Forecast Market, 2022-2027F, 2032F, $ Billion
- 5.2.1. Drivers Of The Market
- 5.2.2. Restraints On the Market
6. Scooter Market Segmentation
- 6.1. Global Scooter Market, Segmentation Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- Electric Scooters
- Gas Scooters
- Kick Scooters
- 6.2. Global Scooter Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- Commercial
- Individual
7. Scooter Market Regional And Country Analysis
- 7.1. Global Scooter Market, Split By Region, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 7.2. Global Scooter Market, Split By Country, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
8. Asia-Pacific Scooter Market
- 8.1. Asia-Pacific Scooter Market Overview
- Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
- 8.2. Asia-Pacific Scooter Market, Segmentation Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 8.3. Asia-Pacific Scooter Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
9. China Scooter Market
- 9.1. China Scooter Market Overview
- 9.2. China Scooter Market, Segmentation Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F,$ Billion
- 9.3. China Scooter Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F,$ Billion
10. India Scooter Market
- 10.1. India Scooter Market, Segmentation Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 10.2. India Scooter Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
11. Japan Scooter Market
- 11.1. Japan Scooter Market, Segmentation Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 11.2. Japan Scooter Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
12. Australia Scooter Market
- 12.1. Australia Scooter Market, Segmentation Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 12.2. Australia Scooter Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
13. Indonesia Scooter Market
- 13.1. Indonesia Scooter Market, Segmentation Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 13.2. Indonesia Scooter Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
14. South Korea Scooter Market
- 14.1. South Korea Scooter Market, Segmentation Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 14.2. South Korea Scooter Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
15. Western Europe Scooter Market
- 15.1. Western Europe Scooter Market Overview
- 15.2. Western Europe Scooter Market, Segmentation Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 15.3. Western Europe Scooter Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
16. UK Scooter Market
- 16.1. UK Scooter Market, Segmentation Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 16.2. UK Scooter Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
17. Germany Scooter Market
- 17.1. Germany Scooter Market, Segmentation Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 17.2. Germany Scooter Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
18. France Scooter Market
- 18.4. France Scooter Market, Segmentation Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 18.5. France Scooter Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
19. Eastern Europe Scooter Market
- 19.1. Eastern Europe Scooter Market Overview
- 19.2. Eastern Europe Scooter Market, Segmentation Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 19.3. Eastern Europe Scooter Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
20. Russia Scooter Market
- 20.1. Russia Scooter Market, Segmentation Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 20.2. Russia Scooter Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
21. North America Scooter Market
- 21.1. North America Scooter Market Overview
- 21.2. North America Scooter Market, Segmentation Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 21.3. North America Scooter Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
22. USA Scooter Market
- 22.1. USA Scooter Market Overview
- 22.2. USA Scooter Market, Segmentation Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 22.3. USA Scooter Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
23. South America Scooter Market
- 23.1. South America Scooter Market Overview
- 23.2. South America Scooter Market, Segmentation Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 23.3. South America Scooter Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
24. Brazil Scooter Market
- 24.1. Brazil Scooter Market, Segmentation Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 24.2. Brazil Scooter Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
25. Middle East Scooter Market
- 25.1. Middle East Scooter Market Overview
- 25.2. Middle East Scooter Market, Segmentation Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 25.3. Middle East Scooter Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
26. Africa Scooter Market
- 26.1. Africa Scooter Market Overview
- 26.2. Africa Scooter Market, Segmentation Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 26.3. Africa Scooter Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
27. Scooter Market Competitive Landscape And Company Profiles
- 27.1. Scooter Market Competitive Landscape
- 27.2. Scooter Market Company Profiles
- 27.2.1. Yadea Technology Group Co., Ltd.
- 27.2.1.1. Overview
- 27.2.1.2. Products and Services
- 27.2.1.3. Strategy
- 27.2.1.4. Financial Performance
- 27.2.2. Ninebot Limited
- 27.2.2.1. Overview
- 27.2.2.2. Products and Services
- 27.2.2.3. Strategy
- 27.2.2.4. Financial Performance
- 27.2.3. Neutron Holdings, Inc. (Lime)
- 27.2.3.1. Overview
- 27.2.3.2. Products and Services
- 27.2.3.3. Strategy
- 27.2.3.4. Financial Performance
- 27.2.4. Bird Rides, Inc.
- 27.2.4.1. Overview
- 27.2.4.2. Products and Services
- 27.2.4.3. Strategy
- 27.2.4.4. Financial Performance
- 27.2.5. Spin
- 27.2.5.1. Overview
- 27.2.5.2. Products and Services
- 27.2.5.3. Strategy
- 27.2.5.4. Financial Performance
28. Key Mergers And Acquisitions In The Scooter Market
29. Scooter Market Future Outlook and Potential Analysis
30. Appendix
- 30.1. Abbreviations
- 30.2. Currencies
- 30.3. Historic And Forecast Inflation Rates
- 30.4. Research Inquiries
- 30.5. The Business Research Company
- 30.6. Copyright And Disclaimer