Fairfield Market Research Foldable Electric Scooter Market Size Zooms to $0.9 Bn by 2030

Foldable Electric Scooter Market

Global Foldable Electric Scooter Market Industry Analysis, Size, Share, Growth, Trends, Regional Outlook, and Forecast 2023-2030 - (By Type Coverage, By Load Variation Coverage, By Battery Type Coverage, By Voltage Coverage, By Distribution Channel Coverage, By Geographic Coverage and By Company)

Published Date: Dec 2023 | Format: | No. of Pages: 190

Industry: Automotive & Transport


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Global Foldable Electric Scooter Market Forecast

  • The approximately US$0.6 Bn foldable electric scooter market (2022) to reach up to US$0.9 Bn by 2030-end
  • Foldable electric scooter market size all set for a promising CAGR of 4.8% over 2023 - 2030

Global Foldable Electric Scooter Market Snapshot, 2018 - 2030

Quick Report Digest

  1. The key trend anticipated to fuel the foldable electric scooter market growth is growing interest in sustainable and eco-friendly transportation solutions. Furthermore, the cities struggle with pollution and traffic congestion; electric scooters offer a clean and efficient means of transportation that reduces emissions and dependence on fossil fuels.
  2. Another major market trend expected to fuel the foldable electric scooter market growth is that foldable electric scooters play an important role in solving the problem of the last kilometer of urban transport.
  3. In 2022, the two-wheel category dominated the industry. When compared to gasoline-powered vehicles, electric scooters emit no emissions and help the environment. They contribute to cleaner air and fewer carbon emissions as an environmentally friendly form of transportation.
  4. In terms of market share for foldable electric scooters globally, the 80 to 100kg segment is anticipated to dominate. 80 to 100kg Electric scooters in this weight range are made to support riders weighing between 80kg and 100kg (176-220 pounds).
  5. In 2022, the 24V category controlled the market. Due to their foldable design, these scooters are very portable and simple to carry. They can be folded down to a small size, which enables users to store them in tight spaces, transport them on public transportation, or store them in a car trunk.
  6. The OEM category is highly prevalent in the market for foldable electric scooters. OEMs are renowned for their strict quality control procedures.
  7. Manufacturers of foldable electric scooters can take advantage of OEM quality assurance standards by collaborating with them, guaranteeing that their goods meet strict standards.
  8. The Asia Pacific region is anticipated to account for the largest share of the global foldable electric scooter market. Foldable electric scooters are attractive to commuters because they provide a practical and environmentally friendly way to get around congested urban areas.
  9. The market for foldable electric scooters is expanding in North America due to congestion in the streets and a lack of parking are two factors that make it difficult to move around in North American cities, particularly in the US. For quick urban trips, foldable electric scooters offer a practical remedy that solves these problems.

A Look Back and a Look Forward - Comparative Analysis

The market for foldable electric scooters has grown in popularity due to result of factors such as folding electric scooters playing an important role in solving the problem of the last kilometer of urban transport. Commuters often need help while travelling between transfer stations and their destination. Electric scooters offer a convenient and flexible solution to bridge this gap.

The market witnessed staggering growth during the historical period 2018 – 2022. This is due to the rapid urbanisation that has led to increased traffic congestion in many cities around the world. Electric scooters offer an efficient and space-saving way to manage traffic and reduce commuting. Times and improve urban mobility.

The folding electric scooter is designed with portability and comfort in mind. It is so compact, and foldable that it can be taken on public transport, stored in small spaces, or taken indoors. This feature greatly improves daily commute. The market for foldable electric scooters was expanding rapidly, propelled by several factors such as rising urbanisation, a growing interest in environmentally friendly transportation options, and improvements in battery and electric motor technology.

Additionally, there is a growing interest in environmentally friendly forms of transportation as environmental concerns spread and countries throughout the world enact stronger emissions laws. Foldable electric scooters are a good fit for this category since they are emission-free and support environmentally friendly transportation. This will fuel market expansion throughout the ensuing years.

Global Foldable Electric Scooter Market, 2018 - 2030

Key Growth Determinants

  • Growing Perception as a Potential Cost-efficient Transport Solution

Electric scooters are cost-effective compared to owning a car or regularly using a ride-sharing service. Users can save on fuel, parking and commuting costs by choosing an electric scooter, making it an attractive option for price-sensitive consumers.

Advances in battery technology, motor efficiency and materials have improved the performance and range of folding electric scooters. These technological innovations have made electric scooters attractive and reliable for everyday commuting.

  • Favourable Government Initiatives, and Supportive Regulations

Many governments and local governments have recognised the benefits of electric scooters in reducing traffic congestion and emissions. Some have introduced regulations and infrastructure improvements to support the safe use of electric scooters to encourage their adoption further.

The rise of the sharing economy has contributed greatly to the growth of the folding electric scooter market. Companies like Lime, Bird, and Spin have launched scooter-sharing services in many cities, making electric scooters more accessible to more people.

  • Cultural Shift Toward Micro Mobility

There has been a cultural shift towards micro-mobility solutions, with people increasingly using small personal transport such as electric scooters for routinely commute, and short-distance travel. The introduction of personal electric vehicles such as folding electric scooters has accelerated due to the COVID-19 pandemic.

People are seeking alternatives to crowded public transportation, making electric scooters an attractive option for commuting while maintaining social distancing. Aggressive marketing and advertising campaigns by scooter aftermarket companies and manufacturers raise awareness of electric scooters and their benefits, encouraging more people to try them.

Major Growth Barriers

  • Potential Safety Concerns

In the market for foldable electric scooters, safety is still of utmost importance. Alarms have been raised in many cities due to accidents, injuries, and even fatalities associated with the use of electric scooters. Due to things like uneven road surfaces, inexperienced riders, and careless behaviour, both riders and pedestrians are susceptible to collisions, falls, and accidents.

  • Government Restrictions

In the majority of manufacturing sectors, foldable electric scooters are used. The industry that manufactures food and beverages is the largest portion of users, followed by the pharmaceutical sector.

The Health and Safety Executive (HSE) has concluded from an analysis of packing machinery accidents examined in the food and beverage industry that injuries resulting from using, maintaining, or removing blockages at packaging machines can be severe or even dangerous (as with palletizers). These laws may prevent the market from expanding.

Key Trends and Opportunities to Look at

  1. Exploding Traffic Congestion, and Urbanisation

Cities worldwide are experiencing more traffic congestion as a result of rapid urbanisation. Foldable electric scooters are a convenient option for city commuters because they provide a way to move through traffic quickly and effectively.

Foldable electric scooters have gained popularity as a solution to the last-mile urban transportation issue. Commuters frequently encounter difficulties getting from public transit stations to their final destinations. An easy-to-use, adaptable form of transportation for bridging this gap is provided by electric scooters.

  1. Awareness Regarding the Worsening Environment

A growing awareness of environmental issues and a desire to lessen carbon emissions have led many consumers to look for environmentally friendly transportation options. Zero tailpipe emissions are produced by foldable electric scooters, which provide a sustainable form of urban transportation.

  1. Government-held Programmes

Governments and municipalities across the country are promoting environmentally friendly and sustainable transportation options. Electric scooter adoption is aided by incentives, subsidies, and infrastructure investments, which increase the general public's access to them.

The development of more effective and potent electric scooters is the result of advancements in battery technology, electric motors, and materials. Electric scooters are now more desirable to consumers thanks to technological advances that have increased range, enhanced performance, and shortened charging times.

Global Foldable Electric Scooter Market DROs

How Does the Regulatory Scenario Shape this Industry?

Over the last three years, according to the Central Motor Vehicle Act of 1988, and the Central Motor Vehicle Rules of 1989, an electric scooter is a two-wheeled vehicle that uses electricity and has a maximum power output of 250 W.

The Regional Transportation Office (RTO) must receive registration information for all electric scooters. It is necessary to submit the required paperwork for registration, which includes things like the sales invoice, the manufacturer's certificate of origin, and identity verification.

Fairfield’s Ranking Board

Top Segments

  1. Two-Wheel Category Dominant in Sales over Three-Wheel Segment

The two-wheel segment dominated the market in 2022. When compared to gasoline-powered vehicles, electric scooters emit no emissions and help the environment. They contribute to cleaner air and fewer carbon emissions as an environmentally friendly form of transportation.

Furthermore, the three-wheel category is projected to experience the fastest market growth. Electric scooters are a time-saving alternative to walking or using conventional public transportation because they let users get through traffic jams and get to their destinations more quickly. When traveling short- to medium-distances, they are an effective mode of transportation.

  1. 80-100kg Load Segment Leads the Way in Terms of Preference

In 2022, the 80-100kg load category dominated the industry. Scooters in the 80-100kg weight range are made to support riders. Since they can accommodate a wider range of users, including those who might be heavier than the average rider, they are more versatile.

To ensure that the scooter's frame, components, and suspension can withstand the additional weight without compromising safety or performance, manufacturers of electric scooters in this weight range prioritise robust and durable construction.

The 40-80kg category is anticipated to grow substantially throughout the projected period. The centre of gravity of heavier electric scooters is typically lower, which improves stability while riding. The importance of this stability increases scooters-ding at higher speeds or over uneven terrain.

  1. Lithium-ion Battery Will Surge Ahead Through 2030

In 2022, the lithium-ion battery category dominated the industry. The lithium-ion battery Li-ion batteries have a high energy density, which allows them to store much power in a relatively small and lightweight form factor. They are, therefore, perfect for EVs where size and weight are important considerations, and portable electronic devices (PEDs).

Li-ion batteries typically have a longer cycle life than other battery chemistries. They can go through hundreds of charge-discharge cycles before their capacity starts to decline significantly. Over time, their cost-effectiveness is a result of their durability.

The acid battery category is anticipated to grow substantially throughout the projected period. Acid batteries are able to maintain their charge for a long time when not in use because of their low self-discharge rate. They are suitable for gadgets like laptops, and smartphones thanks to this feature because they may only be used for a short time between charges.

  1. 24V Preferred over Other Voltage Ranges, 36V Category Follows Suit

The 24V segment dominated the market in 2022. Due to their foldable design, these scooters are portable, and simple to carry. They can be folded down to a small size, which enables users to store them in tight spaces, transport them on public transportation, or store them in a car trunk.

The 36V category is expected to experience the fastest growth within the forecast time frame. The 36V capacity category of foldable electric scooters provides for users with limited storage space; foldable electric scooters are practical. They can be kept with little space in closets, underneath desks, or in small living rooms.

  1. OEMs Bring in the Largest Share of Revenue Pie

In 2022, the OEM category led the market growth. The OEM industry is well-represented in the market for foldable electric scooters. OEMs are renowned for their strict quality control procedures. Manufacturers of foldable electric scooters can take advantage of OEM quality assurance standards by collaborating with them, guaranteeing that their goods meet exacting standards.

Moreover, the e-commerce category is expected to grow fastest in the foldable electric scooter market during the forecast period. Manufacturers can closely collaborate with e-commerce to create foldable electric scooters that adhere to particular design and feature specifications. This adaptability enables a wider range of product offerings to accommodate various consumer preferences.

Regional Frontrunners

Asia Pacific Spearheads as e-Mobility Grows Lucrative Across Urban Areas

While Asia Pacific maintains a dominant positioning in the global foldable electric scooter market, the packaging industry is likely to register the highest rate of adoption. The Asian markets as are witnessing exploding urbanisation, in turn higher traffic congestion, will most likely find foldable electric scooters as an attractive solution for daily commuters as they are a practical and environmentally friendly alternative.

Many Asian cities struggle with last-mile connectivity issues, wherein public transportation networks might not reach the desired location. Foldable electric scooters are an efficient way to fill this gap and make it easier to get from public transportation hubs to homes or places of business. As a part of their efforts to promote sustainability and cut down on pollution, several governments in the Asia Pacific region are actively promoting electric mobility.

Global Foldable Electric Scooter Market Regional Outlook, 2018 - 2030

North Americans Seek Greater Convenience in Foldable e-Scooters

Congestion in the streets, and a lack of parking are two factors that make it difficult to move around in North American cities, particularly in the US. For quick urban trips, foldable electric scooters offer a practical remedy that solves these problems.

The last-mile issue is a common one in North American cities, where commuters frequently struggle to find convenient transportation options from transit stations to their final destinations.

An affordable and environmentally friendly answer to this problem is provided by electric scooters. Strict environmental rules in North America, designed to cut emissions and promote sustainability, encourage the use of EVs, including scooters.

North America Foldable Electric Scooter Market, by Battery Type, 2018 - 2030, US$ Bn

Fairfield’s Competitive Landscape Analysis

The global foldable electric scooter market is a consolidated market with fewer major players present across the globe. The key players are introducing new products as well as working on the distribution channels to enhance their worldwide presence. Moreover, Fairfield Market Research is expecting the market to witness more consolidation over the coming years.

Who are the Leaders in the Global Foldable Electric Scooter Space?

Key Company Developments

New Product Launches

  • July 2022: The scooter has a 3000-watt BLDC Hub Motor with a rim speed of 580 RPM, 140 Nm of motor torque, and a conversion efficiency of 98%. The motor, which was created in India, accelerates quickly and produces an impressive output.
  • July 2021: The LifePO4 batteries boast the highest level of safety in battery technology, allowing them to store a remarkable amount of energy in relation to their size and weight. Due to this development, electric scooters now have a greater range and longer riding times, making them ideal for both short commutes and longer trips.

Distribution Agreements

  • May 2021: Aprilia and MT Distribution, a licensee of other automotive brands like Ducati, entered into a licensing agreement that gave rise to the new eSR1 electric scooter.
  • February 2022: The eSR1 is made by MT Distribution, and with Aprilia branding, stands out in the crowded field of lightweight electric mobility thanks to its cutting-edge styling and trim, which gives the scooter a tough, sporty appearance.
  • March 2022: The eSR1 is a practical means of independent travel even in the busiest city centres. It is lightweight, safe, and enjoyable to ride. An eco-friendly alternative vehicle that is perfect for the last mile from the parking lot to the destination or for use in conjunction with public transportation.

An Expert’s Eye

Demand and Future Growth

Riding an electric scooter provides a form of physical activity that promotes health and well-being. This appeals to the health-conscious, encouraging users to incorporate light exercise into their daily routine. Furthermore, aggressive marketing and advertising campaigns by scooter aftermarket companies and manufacturers raise awareness of electric scooters and their benefits, encouraging more people to try them.

Supply Side of the Market

According to our analysis, the markets for foamed plastic insulation products are dominated by the US, and Canada. Energy efficiency laws, construction activity, and a growing interest in environmentally friendly building methods all contribute to the demand for insulation materials. Due to rapid urbanisation, an increase in construction projects, and efforts to improve building energy efficiency, China, Japan, and South Korea are assuming a leading position in the market.

Both expanded polystyrene (EPS), and extruded polystyrene (XPS) are the two materials frequently used for foam board insulation. They are made from polystyrene resin. Polyurethane (PUR), and polyisocyanurate (PIR) foams are used to create these materials, which are well-known for their excellent insulating qualities.

The insulation industry receives additives, and specialty chemicals from several chemical manufacturers. Clariant, LANXESS, and Chemtura (now a division of LANXESS) are a few notable vendors.

The Global Case Packing Machine Market is Segmented as Below:

By Type:

  • Two Wheels
  • Three Wheels
  • Unicycle

By Load Variation:

  • <40kg
  • 40 to 80kg
  • 80 to 100kg
  • >100kg

By Battery Type:

  • Sealed Lead
  • Lithium-ion Battery
  • Acid Battery
  • Others

By Voltage:

  • 24V
  • 36V
  • 48V
  • Above 48V

By Distribution Channel:

  • E-commerce
  • OEM

By Geographic Coverage:

  • North America 
    • U.S. 
    • Canada 
  • Europe 
    • Germany
    • U.K.
    • France
    • Italy
    • Turkey
    • Russia
    • Rest of Europe 
  • Asia Pacific 
    • China
    • Japan
    • South Korea
    • India
    • Southeast Asia
    • Rest of Asia Pacific 
  • Latin America 
    • Brazil 
    • Mexico 
    • Argentina
    • Rest of Latin America 
  • Middle East & Africa  
    • GCC 
    • South Africa
    • Egypt
    • Nigeria
    • Rest of the Middle East & Africa

1. Executive Summary
     1.1. Global Foldable Electric Scooter Market
     1.2. Future Projections
     1.3. Key Market Trends
     1.4. Regional Snapshot, by Value, 2022
     1.5. Analyst Recommendations

2. Market Overview
     2.1. Market Definitions and Segmentations
     2.2. Market Dynamics
            2.2.1. Drivers
            2.2.2. Restraints
            2.2.3. Market Opportunities
     2.3. Value Chain Analysis
     2.4. Porter’s Five Forces Analysis
     2.5. COVID-19 Impact Analysis
            2.5.1. Supply
            2.5.2. Demand
     2.6. Impact of Ukraine-Russia Conflict
     2.7. Economic Overview
            2.7.1. World Economic Projections
     2.8. PESTLE Analysis

3. Global Foldable Electric Scooter Market Outlook, 2018 - 2030
     3.1. Global Foldable Electric Scooter Market Outlook, by Type, Value (US$ Bn), 2018 - 2030
            3.1.1. Key Highlights
                  3.1.1.1. Two Wheels
                  3.1.1.2. Three Wheel
                  3.1.1.3. Unicycle
     3.2. Global Foldable Electric Scooter Market Outlook, by Load Variation, Value (US$ Bn), 2018 - 2030
            3.2.1. Key Highlights
                  3.2.1.1. <40kg
                  3.2.1.2. 40 to 80kg
                  3.2.1.3. 80 to 100kg
                  3.2.1.4. >100kg
     3.3. Global Foldable Electric Scooter Market Outlook, by Battery Type, Value (US$ Bn), 2018 - 2030
            3.3.1. Key Highlights
                  3.3.1.1. Sealed Lead
                  3.3.1.2. Lithium-ion Battery
                  3.3.1.3. Acid Battery
                  3.3.1.4. Others
     3.4. Global Foldable Electric Scooter Market Outlook, by Voltage, Value (US$ Bn), 2018 - 2030
            3.4.1. Key Highlights Snacks
                  3.4.1.1. 24V
                  3.4.1.2. 36V
                  3.4.1.3. 48V
                  3.4.1.4. Above 48V
     3.5. Global Foldable Electric Scooter Market Outlook, by Distribution Channel, Value (US$ Bn), 2018 - 2030
            3.5.1. Key Highlights
                  3.5.1.1. E-commerce
                  3.5.1.2. OEM
     3.6. Global Foldable Electric Scooter Market Outlook, by Reign, Value (US$ Bn), 2018 - 2030
            3.6.1. Key Highlights
                  3.6.1.1. North America
                  3.6.1.2. Europe
                  3.6.1.3. Asia Pacific
                  3.6.1.4. Latin America
                  3.6.1.5. Middle East & Africa

4. North America Foldable Electric Scooter Market Outlook, 2018 - 2030
     4.1. North America Foldable Electric Scooter Market Outlook, by Type, Value (US$ Bn), 2018 - 2030
            4.1.1. Key Highlights
                  4.1.1.1. Two Wheels
                  4.1.1.2. Three Wheel
                  4.1.1.3. Unicycle
     4.2. North America Foldable Electric Scooter Market Outlook, by Load Variation, Value (US$ Bn), 2018 - 2030
            4.2.1. Key Highlights
                  4.2.1.1. <40kg
                  4.2.1.2. 40 to 80kg
                  4.2.1.3. 80 to 100kg
                  4.2.1.4. >100kg
     4.3. North America Foldable Electric Scooter Market Outlook, by Battery Type, Value (US$ Bn), 2018 - 2030
            4.3.1. Key Highlights
                  4.3.1.1. Sealed Lead
                  4.3.1.2. Lithium-ion Battery
                  4.3.1.3. Acid Battery
                  4.3.1.4. Others
     4.4. North America Foldable Electric Scooter Market Outlook, by Voltage, Value (US$ Bn), 2018 - 2030
            4.4.1. Key Highlights
                  4.4.1.1. 24V
                  4.4.1.2. 36V
                  4.4.1.3. 48V
                  4.4.1.4. Above 48V
     4.5. North America Foldable Electric Scooter Market Outlook, by Distribution Channel, Value (US$ Bn), 2018 - 2030
            4.5.1. Key Highlights
                  4.5.1.1. E-commerce
                  4.5.1.2. OEM
            4.5.2. BPS Analysis/Market Attractiveness Analysis
     4.6. North America Foldable Electric Scooter Market Outlook, by Country, Value (US$ Bn), 2018 - 2030
            4.6.1. Key Highlights
                  4.6.1.1. U.S. Foldable Electric Scooter Market by Type, Value (US$ Bn), 2018 - 2030
                  4.6.1.2. U.S. Foldable Electric Scooter Market Load Variation, Value (US$ Bn), 2018 - 2030
                  4.6.1.3. U.S. Foldable Electric Scooter Market Battery Type, Value (US$ Bn), 2018 - 2030
                  4.6.1.4. U.S. Foldable Electric Scooter Market Voltage, Value (US$ Bn), 2018 - 2030
                  4.6.1.5. U.S. Foldable Electric Scooter Market Distribution Channel, Value (US$ Bn), 2018 - 2030
                  4.6.1.6. Canada Foldable Electric Scooter Market by Type, Value (US$ Bn), 2018 - 2030
                  4.6.1.7. Canada Foldable Electric Scooter Market Load Variation, Value (US$ Bn), 2018 - 2030
                  4.6.1.8. Canada Foldable Electric Scooter Market Battery Type, Value (US$ Bn), 2018 - 2030
                  4.6.1.9. Canada Foldable Electric Scooter Market Voltage, Value (US$ Bn), 2018 - 2030
                  4.6.1.10. Canada Foldable Electric Scooter Market Distribution Channel, Value (US$ Bn), 2018 - 2030
            4.6.2. BPS Analysis/Market Attractiveness Analysis

5. Europe Foldable Electric Scooter Market Outlook, 2018 - 2030
     5.1. Europe Foldable Electric Scooter Market Outlook, by Type, Value (US$ Bn), 2018 - 2030
            5.1.1. Key Highlights
                  5.1.1.1. Two Wheels
                  5.1.1.2. Three Wheel
                  5.1.1.3. Unicycle
     5.2. Europe Foldable Electric Scooter Market Outlook, by Load Variation, Value (US$ Bn), 2018 - 2030
            5.2.1. Key Highlights
                  5.2.1.1. <40kg
                  5.2.1.2. 40 to 80kg
                  5.2.1.3. 80 to 100kg
                  5.2.1.4. >100kg
     5.3. Europe Foldable Electric Scooter Market Outlook, by Battery Type, Value (US$ Bn), 2018 - 2030
            5.3.1. Key Highlights
                  5.3.1.1. Sealed Lead
                  5.3.1.2. Lithium-ion Battery
                  5.3.1.3. Acid Battery
                  5.3.1.4. Others
     5.4. Europe Foldable Electric Scooter Market Outlook, by Voltage, Value (US$ Bn), 2018 - 2030
            5.4.1. Key Highlights
                  5.4.1.1. 24V
                  5.4.1.2. 36V
                  5.4.1.3. 48V
                  5.4.1.4. Above 48V
     5.5. Europe Foldable Electric Scooter Market Outlook, by Distribution Channel, Value (US$ Bn), 2018 - 2030
            5.5.1. Key Highlights
                  5.5.1.1. E-commerce
                  5.5.1.2. OEM
            5.5.2. BPS Analysis/Market Attractiveness Analysis
     5.6. Europe Foldable Electric Scooter Market Outlook, by Country, Value (US$ Bn), 2018 - 2030
            5.6.1. Key Highlights
                  5.6.1.1. Germany Foldable Electric Scooter Market by Type, Value (US$ Bn), 2018 - 2030
                  5.6.1.2. Germany Foldable Electric Scooter Market Load Variation, Value (US$ Bn), 2018 - 2030
                  5.6.1.3. Germany Foldable Electric Scooter Market Battery Type, Value (US$ Bn), 2018 - 2030
                  5.6.1.4. Germany Foldable Electric Scooter Market Voltage, Value (US$ Bn), 2018 - 2030
                  5.6.1.5. Germany Foldable Electric Scooter Market Distribution Channel, Value (US$ Bn), 2018 - 2030
                  5.6.1.6. U.K. Foldable Electric Scooter Market by Type, Value (US$ Bn), 2018 - 2030
                  5.6.1.7. U.K. Foldable Electric Scooter Market Load Variation, Value (US$ Bn), 2018 - 2030
                  5.6.1.8. U.K. Foldable Electric Scooter Market Battery Type, Value (US$ Bn), 2018 - 2030
                  5.6.1.9. U.K. Foldable Electric Scooter Market Voltage, Value (US$ Bn), 2018 - 2030
                  5.6.1.10. U.K. Foldable Electric Scooter Market Fuel Typ, Value (US$ Bn), 2018 - 2030
                  5.6.1.11. France Foldable Electric Scooter Market by Type, Value (US$ Bn), 2018 - 2030
                  5.6.1.12. France Foldable Electric Scooter Market Load Variation, Value (US$ Bn), 2018 - 2030
                  5.6.1.13. France Foldable Electric Scooter Market Battery Type, Value (US$ Bn), 2018 - 2030
                  5.6.1.14. France Foldable Electric Scooter Market Voltage, Value (US$ Bn), 2018 - 2030
                  5.6.1.15. France Foldable Electric Scooter Market Distribution Channel, Value (US$ Bn), 2018 - 2030
                  5.6.1.16. Italy Foldable Electric Scooter Market by Type, Value (US$ Bn), 2018 - 2030
                  5.6.1.17. Italy Foldable Electric Scooter Market Load Variation, Value (US$ Bn), 2018 - 2030
                  5.6.1.18. Italy Foldable Electric Scooter Market Battery Type, Value (US$ Bn), 2018 - 2030
                  5.6.1.19. Italy Foldable Electric Scooter Market Voltage, Value (US$ Bn), 2018 - 2030
                  5.6.1.20. Italy Foldable Electric Scooter Market Distribution Channel, Value (US$ Bn), 2018 - 2030
                  5.6.1.21. Turkey Foldable Electric Scooter Market by Type, Value (US$ Bn), 2018 - 2030
                  5.6.1.22. Turkey Foldable Electric Scooter Market Load Variation, Value (US$ Bn), 2018 - 2030
                  5.6.1.23. Turkey Foldable Electric Scooter Market Battery Type, Value (US$ Bn), 2018 - 2030
                  5.6.1.24. Turkey Foldable Electric Scooter Market Voltage, Value (US$ Bn), 2018 - 2030
                  5.6.1.25. Turkey Foldable Electric Scooter Market Distribution Channel, Value (US$ Bn), 2018 - 2030
                  5.6.1.26. Russia Foldable Electric Scooter Market by Type, Value (US$ Bn), 2018 - 2030
                  5.6.1.27. Russia Foldable Electric Scooter Market Load Variation, Value (US$ Bn), 2018 - 2030
                  5.6.1.28. Russia Foldable Electric Scooter Market Battery Type, Value (US$ Bn), 2018 - 2030
                  5.6.1.29. Russia Foldable Electric Scooter Market Voltage, Value (US$ Bn), 2018 - 2030
                  5.6.1.30. Russia Foldable Electric Scooter Market Distribution Channel, Value (US$ Bn), 2018 - 2030
                  5.6.1.31. Rest of Europe Foldable Electric Scooter Market by Type, Value (US$ Bn), 2018 - 2030
                  5.6.1.32. Rest of Europe Foldable Electric Scooter Market Load Variation, Value (US$ Bn), 2018 - 2030
                  5.6.1.33. Rest of Europe Foldable Electric Scooter Market Battery Type, Value (US$ Bn), 2018 - 2030
                  5.6.1.34. Rest of Europe Foldable Electric Scooter Market Voltage, Value (US$ Bn), 2018 - 2030
                  5.6.1.35. Rest of Europe Foldable Electric Scooter Market Distribution Channel, Value (US$ Bn), 2018 - 2030
            5.6.2. BPS Analysis/Market Attractiveness Analysis

6. Asia Pacific Foldable Electric Scooter Market Outlook, 2018 - 2030
     6.1. Asia Pacific Foldable Electric Scooter Market Outlook, by Type, Value (US$ Bn), 2018 - 2030
            6.1.1. Key Highlights
                  6.1.1.1. Two Wheels
                  6.1.1.2. Three Wheel
                  6.1.1.3. Unicycle
     6.2. Asia Pacific Foldable Electric Scooter Market Outlook, by Load Variation, Value (US$ Bn), 2018 - 2030
            6.2.1. Key Highlights
                  6.2.1.1. <40kg
                  6.2.1.2. 40 to 80kg
                  6.2.1.3. 80 to 100kg
                  6.2.1.4. >100kg
     6.3. Asia Pacific Foldable Electric Scooter Market Outlook, by Battery Type, Value (US$ Bn), 2018 - 2030
            6.3.1. Key Highlights
                  6.3.1.1. Sealed Lead
                  6.3.1.2. Lithium-ion Battery
                  6.3.1.3. Acid Battery
                  6.3.1.4. Others
     6.4. Asia Pacific Foldable Electric Scooter Market Outlook, by Voltage, Value (US$ Bn), 2018 - 2030
            6.4.1. Key Highlights
                  6.4.1.1. 24V
                  6.4.1.2. 36V
                  6.4.1.3. 48V
                  6.4.1.4. Above 48V
     6.5. Asia Pacific Foldable Electric Scooter Market Outlook, by Voltage, Value (US$ Bn), 2018 - 2030
            6.5.1. Key Highlights
                  6.5.1.1. E-commerce
                  6.5.1.2. OEM
            6.5.2. BPS Analysis/Market Attractiveness Analysis
     6.6. Asia Pacific Foldable Electric Scooter Market Outlook, by Country, Value (US$ Bn), 2018 - 2030
            6.6.1. Key Highlights
                  6.6.1.1. China Foldable Electric Scooter Market by Type, Value (US$ Bn), 2018 - 2030
                  6.6.1.2. China Foldable Electric Scooter Market Load Variation, Value (US$ Bn), 2018 - 2030
                  6.6.1.3. China Foldable Electric Scooter Market Battery Type, Value (US$ Bn), 2018 - 2030
                  6.6.1.4. China Foldable Electric Scooter Market Voltage, Value (US$ Bn), 2018 - 2030
                  6.6.1.5. China Foldable Electric Scooter Market Distribution Channel, Value (US$ Bn), 2018 - 2030
                  6.6.1.6. Japan Foldable Electric Scooter Market by Type, Value (US$ Bn), 2018 - 2030
                  6.6.1.7. Japan Foldable Electric Scooter Market Load Variation, Value (US$ Bn), 2018 - 2030
                  6.6.1.8. Japan Foldable Electric Scooter Market Battery Type, Value (US$ Bn), 2018 - 2030
                  6.6.1.9. Japan Foldable Electric Scooter Market Voltage, Value (US$ Bn), 2018 - 2030
                  6.6.1.10. Japan Foldable Electric Scooter Market Service Distribution Channel, Value (US$ Bn), 2018 - 2030
                  6.6.1.11. South Korea Foldable Electric Scooter Market by Type, Value (US$ Bn), 2018 - 2030
                  6.6.1.12. South Korea Foldable Electric Scooter Market Load Variation, Value (US$ Bn), 2018 - 2030
                  6.6.1.13. South Korea Foldable Electric Scooter Market Battery Type, Value (US$ Bn), 2018 - 2030
                  6.6.1.14. South Korea Foldable Electric Scooter Market Voltage, Value (US$ Bn), 2018 - 2030
                  6.6.1.15. South Korea Foldable Electric Scooter Market Distribution Channel, Value (US$ Bn), 2018 - 2030
                  6.6.1.16. India Foldable Electric Scooter Market by Type, Value (US$ Bn), 2018 - 2030
                  6.6.1.17. India Foldable Electric Scooter Market Load Variation, Value (US$ Bn), 2018 - 2030
                  6.6.1.18. India Foldable Electric Scooter Market Battery Type, Value (US$ Bn), 2018 - 2030
                  6.6.1.19. India Foldable Electric Scooter Market Voltage, Value (US$ Bn), 2018 - 2030
                  6.6.1.20. India Foldable Electric Scooter Market Service Distribution Channel, Value (US$ Bn), 2018 - 2030
                  6.6.1.21. Southeast Asia Foldable Electric Scooter Market by Type, Value (US$ Bn), 2018 - 2030
                  6.6.1.22. Southeast Asia Foldable Electric Scooter Market Load Variation, Value (US$ Bn), 2018 - 2030
                  6.6.1.23. Southeast Asia Foldable Electric Scooter Market Battery Type, Value (US$ Bn), 2018 - 2030
                  6.6.1.24. Southeast Asia Foldable Electric Scooter Market Voltage, Value (US$ Bn), 2018 - 2030
                  6.6.1.25. Southeast Asia Foldable Electric Scooter Market Distribution Channel, Value (US$ Bn), 2018 - 2030
                  6.6.1.26. Rest of Asia Pacific Foldable Electric Scooter Market by Type, Value (US$ Bn), 2018 - 2030
                  6.6.1.27. Rest of Asia Pacific Foldable Electric Scooter Market Load Variation, Value (US$ Bn), 2018 - 2030
                  6.6.1.28. Rest of Asia Pacific Foldable Electric Scooter Market Battery Type, Value (US$ Bn), 2018 - 2030
                  6.6.1.29. Rest of Asia Pacific Foldable Electric Scooter Market Voltage, Value (US$ Bn), 2018 - 2030
                  6.6.1.30. Rest of Asia Pacific Foldable Electric Scooter Market Distribution Channel, Value (US$ Bn), 2018 - 2030
            6.6.2. BPS Analysis/Market Attractiveness Analysis

7. Latin America Foldable Electric Scooter Market Outlook, 2018 - 2030
     7.1. Latin America Foldable Electric Scooter Market Outlook, by Type, Value (US$ Bn), 2018 - 2030
            7.1.1. Key Highlights
                  7.1.1.1. Two Wheels
                  7.1.1.2. Three Wheel
                  7.1.1.3. Unicycle
     7.2. Latin America Foldable Electric Scooter Market Outlook, by Load Variation, Value (US$ Bn), 2018 - 2030
            7.2.1. Key Highlights
                  7.2.1.1. <40kg
                  7.2.1.2. 40 to 80kg
                  7.2.1.3. 80 to 100kg
                  7.2.1.4. >100kg
     7.3. Latin America Foldable Electric Scooter Market Outlook, by Battery Type, Value (US$ Bn), 2018 - 2030
            7.3.1. Key Highlights
                  7.3.1.1. Sealed Lead
                  7.3.1.2. Lithium-ion Battery
                  7.3.1.3. Acid Battery
                  7.3.1.4. Others
     7.4. Latin America Foldable Electric Scooter Market Outlook, by Voltage, Value (US$ Bn), 2018 - 2030
            7.4.1. Key Highlights
                  7.4.1.1. 24V
                  7.4.1.2. 36V
                  7.4.1.3. 48V
                  7.4.1.4. Above 48V
     7.5. Latin America Foldable Electric Scooter Market Outlook, by Distribution Channel, Value (US$ Bn), 2018 - 2030
            7.5.1. Key Highlights
                  7.5.1.1. E-commerce
                  7.5.1.2. OEM
            7.5.2. BPS Analysis/Market Attractiveness Analysis
     7.6. Latin America Foldable Electric Scooter Market Outlook, by Country, Value (US$ Bn), 2018 - 2030
            7.6.1. Key Highlights
                  7.6.1.1. Brazil Foldable Electric Scooter Market by Type, Value (US$ Bn), 2018 - 2030
                  7.6.1.2. Brazil Foldable Electric Scooter Market Load Variation, Value (US$ Bn), 2018 - 2030
                  7.6.1.3. Brazil Foldable Electric Scooter Market Battery Type, Value (US$ Bn), 2018 - 2030
                  7.6.1.4. Mexico Foldable Electric Scooter Market by Type, Value (US$ Bn), 2018 - 2030
                  7.6.1.5. Mexico Foldable Electric Scooter Market Load Variation, Value (US$ Bn), 2018 - 2030
                  7.6.1.6. Mexico Foldable Electric Scooter Market Battery Type, Value (US$ Bn), 2018 - 2030
                  7.6.1.7. Mexico Foldable Electric Scooter Market Voltage, Value (US$ Bn), 2018 - 2030
                  7.6.1.8. Argentina Foldable Electric Scooter Market by Type, Value (US$ Bn), 2018 - 2030
                  7.6.1.9. Argentina Foldable Electric Scooter Market Load Variation, Value (US$ Bn), 2018 - 2030
                  7.6.1.10. Argentina Foldable Electric Scooter Market Battery Type, Value (US$ Bn), 2018 - 2030
                  7.6.1.11. Argentina Foldable Electric Scooter Market Voltage, Value (US$ Bn), 2018 - 2030
                  7.6.1.12. Rest of Latin America Foldable Electric Scooter Market by Type, Value (US$ Bn), 2018 - 2030
                  7.6.1.13. Rest of Latin America Foldable Electric Scooter Market Load Variation, Value (US$ Bn), 2018 - 2030
                  7.6.1.14. Rest of Latin America Foldable Electric Scooter Market Battery Type, Value (US$ Bn), 2018 - 2030
                  7.6.1.15. Rest of Latin America Foldable Electric Scooter Market Voltage, Value (US$ Bn), 2018 - 2030
            7.6.2. BPS Analysis/Market Attractiveness Analysis

8. Middle East & Africa Foldable Electric Scooter Market Outlook, 2018 - 2030
     8.1. Middle East & Africa Foldable Electric Scooter Market Outlook, by Type, Value (US$ Bn), 2018 - 2030
            8.1.1. Key Highlights
                  8.1.1.1. Two Wheels
                  8.1.1.2. Three Wheel
                  8.1.1.3. Unicycle
     8.2. Middle East & Africa Foldable Electric Scooter Market Outlook, by Load Variation, Value (US$ Bn), 2018 - 2030
            8.2.1. Key Highlights
                  8.2.1.1. <40kg
                  8.2.1.2. 40 to 80kg
                  8.2.1.3. 80 to 100kg
                  8.2.1.4. >100kg
     8.3. Middle East & Africa Foldable Electric Scooter Market Outlook, by Battery Type, Value (US$ Bn), 2018 - 2030
            8.3.1. Key Highlights
                  8.3.1.1. Sealed Lead
                  8.3.1.2. Lithium-ion Battery
                  8.3.1.3. Acid Battery
                  8.3.1.4. Others
     8.4. Middle East & Africa Foldable Electric Scooter Market Outlook, by Voltage, Value (US$ Bn), 2018 - 2030
            8.4.1. Key Highlights
                  8.4.1.1. 24V
                  8.4.1.2. 36V
                  8.4.1.3. 48V
                  8.4.1.4. Above 48V
     8.5. Middle East & Africa Foldable Electric Scooter Market Outlook, by Voltage, Value (US$ Bn), 2018 - 2030
            8.5.1. Key Highlights
                  8.5.1.1. E-commerce
                  8.5.1.2. OEM
            8.5.2. BPS Analysis/Market Attractiveness Analysis
     8.6. Middle East & Africa Foldable Electric Scooter Market Outlook, by Country, Value (US$ Bn), 2018 - 2030
            8.6.1. Key Highlights
                  8.6.1.1. GCC Foldable Electric Scooter Market by Type, Value (US$ Bn), 2018 - 2030
                  8.6.1.2. GCC Foldable Electric Scooter Market Load Variation, Value (US$ Bn), 2018 - 2030
                  8.6.1.3. GCC Foldable Electric Scooter Market Battery Type, Value (US$ Bn), 2018 - 2030
                  8.6.1.4. GCC Foldable Electric Scooter Market Voltage, Value (US$ Bn), 2018 - 2030
                  8.6.1.5. South Africa Foldable Electric Scooter Market by Type, Value (US$ Bn), 2018 - 2030
                  8.6.1.6. South Africa Foldable Electric Scooter Market Load Variation, Value (US$ Bn), 2018 - 2030
                  8.6.1.7. South Africa Foldable Electric Scooter Market Battery Type, Value (US$ Bn), 2018 - 2030
                  8.6.1.8. South Africa Foldable Electric Scooter Market Voltage, Value (US$ Bn), 2018 - 2030
                  8.6.1.9. Egypt Foldable Electric Scooter Market by Type, Value (US$ Bn), 2018 - 2030
                  8.6.1.10. Egypt Foldable Electric Scooter Market Load Variation, Value (US$ Bn), 2018 - 2030
                  8.6.1.11. Egypt Foldable Electric Scooter Market Battery Type, Value (US$ Bn), 2018 - 2030
                  8.6.1.12. Egypt Foldable Electric Scooter Market Voltage, Value (US$ Bn), 2018 - 2030
                  8.6.1.13. Nigeria Foldable Electric Scooter Market by Type, Value (US$ Bn), 2018 - 2030
                  8.6.1.14. Nigeria Foldable Electric Scooter Market Load Variation, Value (US$ Bn), 2018 - 2030
                  8.6.1.15. Nigeria Foldable Electric Scooter Market Battery Type, Value (US$ Bn), 2018 - 2030
                  8.6.1.16. Nigeria Foldable Electric Scooter Market Voltage, Value (US$ Bn), 2018 - 2030
                  8.6.1.17. Rest of Middle East & Africa Foldable Electric Scooter Market by Type, Value (US$ Bn), 2018 - 2030
                  8.6.1.18. Rest of Middle East & Africa Foldable Electric Scooter Market Load Variation, Value (US$ Bn), 2018 - 2030
                  8.6.1.19. Rest of Middle East & Africa Foldable Electric Scooter Market Battery Type, Value (US$ Bn), 2018 - 2030
                  8.6.1.20. Rest of Middle East & Africa Foldable Electric Scooter Market Voltage, Value (US$ Bn), 2018 - 2030
            8.6.2. BPS Analysis/Market Attractiveness Analysis

9. Competitive Landscape
     9.1. Battery Type vs Load Variation Heatmap
     9.2. Manufacturer vs Load Variation Heatmap
     9.3. Company Market Share Analysis, 2022
     9.4. Competitive Dashboard
     9.5. Company Profiles
            9.5.1. Xiaomi Corporation
                  9.5.1.1. Company Overview
                  9.5.1.2. Product Portfolio
                  9.5.1.3. Financial Overview
                  9.5.1.4. Business Strategies and Development
            9.5.2. Segway Megawheel
                  9.5.2.1. Company Overview
                  9.5.2.2. Product Portfolio
                  9.5.2.3. Financial Overview
                  9.5.2.4. Business Strategies and Development
            9.5.3. Mercane Wheels
                  9.5.3.1. Company Overview
                  9.5.3.2. Product Portfolio
                  9.5.3.3. Financial Overview
                  9.5.3.4. Business Strategies and Development
            9.5.4. Hyundai Heavy Industries Co.
                  9.5.4.1. Company Overview
                  9.5.4.2. Product Portfolio
                  9.5.4.3. Financial Overview
                  9.5.4.4. Business Strategies and Development
            9.5.5. Pride Mobility Products Corp
                  9.5.5.1. Company Overview
                  9.5.5.2. Product Portfolio
                  9.5.5.3. Financial Overview
                  9.5.5.4. Business Strategies and Development
            9.5.6. GOTRAX
                  9.5.6.1. Company Overview
                  9.5.6.2. Product Portfolio
                  9.5.6.3. Financial Overview
                  9.5.6.4. Business Strategies and Development
            9.5.7. Shenzhen Iezway Technology
                  9.5.7.1. Company Overview
                  9.5.7.2. Product Portfolio
                  9.5.7.3. Financial Overview
                  9.5.7.4. Business Strategies and Development
            9.5.8. Turboant
                  9.5.8.1. Company Overview
                  9.5.8.2. Product Portfolio
                  9.5.8.3. Business Strategies and Development
            9.5.9. Kessels
                  9.5.9.1. Company Overview
                  9.5.9.2. Product Portfolio
                  9.5.9.3. Financial Overview
                  9.5.9.4. Business Strategies and Development
            9.5.10. INOKIM
                  9.5.10.1. Company Overview
                  9.5.10.2. Product Portfolio
                  9.5.10.3. Financial Overview
                  9.5.10.4. Business Strategies and Development
            9.5.11. Spacepac Industries Pty Ltd
                  9.5.11.1. Company Overview
                  9.5.11.2. Product Portfolio
                  9.5.11.3. Financial Overview
                  9.5.11.4. Business Strategies and Development

10. Appendix
     10.1. Research Methodology
     10.2. Report Assumptions
     10.3. Acronyms and Abbreviations

BASE YEAR

HISTORICAL DATA

FORECAST PERIOD

UNITS

2022

 

2018 - 2022

2023 - 2030

Value: US$ Million

 

REPORT FEATURES

DETAILS

Type Coverage

  • Two Wheels
  • Three Wheels
  • Unicycle

Load Variation Coverage

  • 40 to 80kg 
  • 80 to 100kg 
  • >100kg

Battery Type Coverage

  • Sealed Lead 
  • Lithium-ion Battery 
  • Acid Battery 
  • Others

Voltage Coverage

  • 24V 
  • 36V 
  • 48V 
  • Above 48V 

Distribution Channel Coverage

  • E-commerce 
  • OEM

Geographical Coverage

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Rest of EU
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Rest of APAC
  • Latin America
    • Brazil 
    • Mexico 
    • Rest of Latin America 
  • Middles East & Africa
    • GCC Countries 
    • South Africa 
    • Rest of Middle East & Africa

Leading Companies

  • Xiaomi Corporation
  • Segway Megawheel
  • Pride Mobility Products Corp
  • GOTRAX
  • Shenzhen Iezway Technology
  • Turboant
  • INOKIM
  • Spacepac Industries Pty Ltd
  • Mercane Wheels
  • E-Twow
  • Hiboy
  • Glion
  • EcoReco
  • Razor
  • XOOTR 

Report Highlights

Key Market Indicators, Macro-micro economic impact analysis, Technological Roadmap, Key Trends, Driver, Restraints, and Future Opportunities & Revenue Pockets, Porter’s 5 Forces Analysis, Historical Trend (2019-2021), Market Estimates and Forecast, Market Dynamics, Industry Trends, Competition Landscape, Category, Region, Country-wise Trends & Analysis, COVID-19 Impact Analysis (Demand and Supply Chain)

FAQs : Foldable Electric Scooter Market

The global electric scooter market is propelled by increasing environmental concerns, rising fuel prices, government incentives for clean transportation, and a growing urban population seeking sustainable and convenient mobility solutions.

Electric scooter manufacturers focus on advanced battery technologies, such as lithium-ion, to improve battery life. Additionally, they collaborate with cities to develop robust charging infrastructure, including dedicated charging stations and battery-swapping initiatives.

Businesses entering the electric scooter market encounter challenges related to regulatory complexities, competition, and the need for substantial initial investments in infrastructure development and technology. Adapting to varying local regulations is crucial for market penetration.

Companies integrate smart technologies like GPS tracking, mobile app connectivity, and IoT sensors in electric scooters. This not only enhances user experience by enabling features like remote monitoring and anti-theft measures but also facilitates data-driven fleet management for businesses.

Government policies play a pivotal role in the electric scooter market, influencing adoption rates through incentives, subsidies, and regulations. Proactive policies promoting sustainable transportation and addressing safety concerns contribute significantly to market growth and development.

Our Research Methodology

Considering the volatility of business today, traditional approaches to strategizing a game plan can be unfruitful if not detrimental. True ambiguity is no way to determine a forecast. A myriad of predetermined factors must be accounted for such as the degree of risk involved, the magnitude of circumstances, as well as conditions or consequences that are not known or unpredictable. To circumvent binary views that cast uncertainty, the application of market research intelligence to strategically posture, move, and enable actionable outcomes is necessary.

View Methodology
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