Kick Scooter Market Size, Trends,
Segmentation, Key Players And Forecast
The increasing adoption of kick scooters in kick scooter sharing services is fueling their sales
across the world. As compared to the other types of vehicles used by shared mobility service
providers, electric kick scooters can be easily leveraged for solving the issue of last-mile
connectivity and they can also be hyper-localized. Moreover, these vehicles are highly
compact, easy to operate, and do not need any physical exertion, which further boost their
popularity among shared mobility service providers.
Additionally, many companies have started providing their scooter sharing services in
different locations, which has also propelled the growth of the kick scooter market. For
example, Sharing Muving SL, which is a Spanish electric scooter sharing company,
announced in 2018 that it has started offering its service in Atlanta, the U.S. Furthermore,
Neutron Holdings Inc., which operates under the name LimeBike, launched dockless electric
kick scooters and bikes for sharing in many cities in the U.S. in 2017.
Furthermore, the declining prices of these batteries are also boosting their sales across the
world. Geographically, the demand for kick scooters is currently the highest in the Asia-
Pacific (APAC) region, as per the observations of P&S Intelligence, a market research
company based in India. This is attributed to the large-scale deployment of these scooters in
China. The existence of many major electric kick scooter manufacturing companies, rapidly
developing electric vehicle value chain, implementation of favorable government policies,
availability of affordable batteries, and the presence of a large customer pool are the main
factors propelling the sales of these vehicles in the country.
Hence, the demand for kick scooters will surge sharply in the upcoming years, primarily
because of their soaring adoption in shared mobility fleets, growing popularity of