Market Overview:
The global portable electric scooter market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for electric vehicles, especially in developed countries. In addition, the growing awareness about the benefits of using electric scooters is also contributing to the growth of this market. The global portable electric scooter market can be segmented on the basis of type, application and region. On the basis of type, it can be divided into 250W, 500W and others segments. The 250W segment is expected to account for a major share in terms of revenue in this market during 2018-2030 owing to its low cost and easy portability. On the basis of application, it can be classified into children’s vehicle, adult’s vehicle and others segments.
Product Definition:
A portable electric scooter is a battery-operated device that helps people with limited mobility to move around more easily. Portable electric scooters are often used by older adults, those who have difficulty walking, or those who are recovering from an injury or surgery.
250W:
250W is the power output of electric scooters. It's also known as Power Factor or Pferdestärke (PS). The higher the number, the more efficient and powerful an engine is. PS affects various aspects of a vehicle such as acceleration, top speed, range on single charge and so on.
500W:
500W is the maximum power output of a portable electric scooter. It is also known as Power Output Rating (POR) or Power Rating (PR). 500W usually means that the device can carry weight up to 250 kgs and has a maximum speed of 25 km/h. The 500-watt portables are for commercial usage, mostly used in tour guide services, where customers need to go long distances and require extra powerful motors.
Application Insights:
The children application segment accounted for the largest share of over 50.0% in 2017. The growth of this segment is attributed to increasing use of electric scooters as toys by children across the globe. Growing demand for miniaturized version of regular electric vehicles has also been contributing to market growth in this segment.
Adult application is expected to be the fastest-growing sub-segment with a CAGR exceeding 10% from 2018 to 2030 owing to rising utilization of electric portable scooter as a substitute mode of transport due largely on financial constraints faced by individuals globally, especially in emerging economies such as India and China where availability and affordability are key issues facing consumers there.- With an average speed ranging between 15 km/h - 25 km/h, these small vehicles can easily cover short distances within cities or campuses making them highly convenient and cost-effective modes of transport compared with conventional bicycles or motorcycles which have lower speeds capability.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The regional growth can be attributed to increasing product demand from developing countries such as China, India, and Japan. Furthermore, rising disposable income levels coupled with an increase in consumer preference for high performance electric vehicles will drive the regional market further. Europe is anticipated to witness significant growth over the next eight years owing to growing environmental concerns among consumers regarding carbon emissions caused during vehicle transportation.
North America was estimated at USD X billion in 2017 owing to increased product penetration by major manufacturers including Xiaomi (China), YADEA Technology Group Co.
Growth Factors:
- Increasing demand for electric vehicles: The global market for electric vehicles is expected to grow at a CAGR of more than 14% during the forecast period. This is mainly due to the increasing concerns about environment and climate change.
- Government initiatives and subsidies: Governments across the globe are providing various incentives such as subsidies, tax rebates, and parking privileges to promote the adoption of electric vehicles. For instance, in China, a subsidy of up to ,000 is offered on each electric vehicle purchase.
- Rising awareness about environmental benefits: There has been a rise in awareness among consumers about the environmental benefits of using electric vehicles over traditional gasoline-powered ones. This has led to an increase in demand for electric vehicles worldwide.
Scope Of The Report
Report Attributes
Report Details
Report Title
Portable Electric Scooter Market Research Report
By Type
250W, 500W, Others,
By Application
Children, Adult,
By Companies
IO Hawk, Segway, Jetson, Megawheels, Glion Scooters, Xiaomi, Golabs Inc, SWAGTRON, MERCANE, Inc
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
244
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Portable Electric Scooter Market Report Segments:
The global Portable Electric Scooter market is segmented on the basis of:
Types
250W, 500W, Others,
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Children, Adult,
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- IO Hawk
- Segway
- Jetson
- Megawheels
- Glion Scooters
- Xiaomi
- Golabs Inc
- SWAGTRON
- MERCANE, Inc
Highlights of The Portable Electric Scooter Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- 250W
- 500W
- Others
- By Application:
- Children
- Adult
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Portable Electric Scooter Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A portable electric scooter is a small, lightweight vehicle that can be ridden on streets or sidewalks. They typically have two wheels and an electric motor that provides power to the scooter.
Some of the key players operating in the portable electric scooter market are IO Hawk, Segway, Jetson, Megawheels, Glion Scooters, Xiaomi, Golabs Inc, SWAGTRON, MERCANE, Inc.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Portable Electric Scooter Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Portable Electric Scooter Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Portable Electric Scooter Market - Supply Chain
4.5. Global Portable Electric Scooter Market Forecast
4.5.1. Portable Electric Scooter Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Portable Electric Scooter Market Size (000 Units) and Y-o-Y Growth
4.5.3. Portable Electric Scooter Market Absolute $ Opportunity
5. Global Portable Electric Scooter Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Portable Electric Scooter Market Size and Volume Forecast by Type
5.3.1. 250W
5.3.2. 500W
5.3.3. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Portable Electric Scooter Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Portable Electric Scooter Market Size and Volume Forecast by Application
6.3.1. Children
6.3.2. Adult
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Portable Electric Scooter Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Portable Electric Scooter Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Portable Electric Scooter Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Portable Electric Scooter Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Portable Electric Scooter Demand Share Forecast, 2019-2026
9. North America Portable Electric Scooter Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Portable Electric Scooter Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Portable Electric Scooter Market Size and Volume Forecast by Application
9.4.1. Children
9.4.2. Adult
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Portable Electric Scooter Market Size and Volume Forecast by Type
9.7.1. 250W
9.7.2. 500W
9.7.3. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Portable Electric Scooter Demand Share Forecast, 2019-2026
10. Latin America Portable Electric Scooter Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Portable Electric Scooter Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Portable Electric Scooter Market Size and Volume Forecast by Application
10.4.1. Children
10.4.2. Adult
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Portable Electric Scooter Market Size and Volume Forecast by Type
10.7.1. 250W
10.7.2. 500W
10.7.3. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Portable Electric Scooter Demand Share Forecast, 2019-2026
11. Europe Portable Electric Scooter Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Portable Electric Scooter Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Portable Electric Scooter Market Size and Volume Forecast by Application
11.4.1. Children
11.4.2. Adult
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Portable Electric Scooter Market Size and Volume Forecast by Type
11.7.1. 250W
11.7.2. 500W
11.7.3. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projectionsby Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Portable Electric Scooter Demand Share, 2019-2026
12. Asia Pacific Portable Electric Scooter Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Portable Electric Scooter Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Portable Electric Scooter Market Size and Volume Forecast by Application
12.4.1. Children
12.4.2. Adult
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Portable Electric Scooter Market Size and Volume Forecast by Type
12.7.1. 250W
12.7.2. 500W
12.7.3. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Portable Electric Scooter Demand Share, 2019-2026
13. Middle East & Africa Portable Electric Scooter Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Portable Electric Scooter Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Portable Electric Scooter Market Size and Volume Forecast by Application
13.4.1. Children
13.4.2. Adult
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Portable Electric Scooter Market Size and Volume Forecast by Type
13.7.1. 250W
13.7.2. 500W
13.7.3. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Portable Electric Scooter Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Portable Electric Scooter Market: Market Share Analysis
14.2. Portable Electric Scooter Distributors and Customers
14.3. Portable Electric Scooter Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. IO Hawk
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Segway
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Jetson
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Megawheels
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Glion Scooters
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Xiaomi
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Golabs Inc
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. SWAGTRON
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. MERCANE, Inc
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook