Meticulous Research®—a leading global market research company, published a research report titled, Electric Scooter Market by Vehicle Type (Electric Motorcycles, E-Kick Scooter & Bikes, Electric Mopeds), Power Output (Less Than 3.6kW, 3.6kW to 7.2kW), Battery Technology, Motor Type, Charging Type, End-user, and Geography- Global Forecast to 2031.’
According to this latest publication from Meticulous Research®, the electric scooter market is buzzing right now, and honestly, it is not hard to see why. Everywhere you look, from big cities in Europe to busy streets in Asia, e-scooters and e-bikes are showing up as daily rides. Analysts say the industry could easily pass the $400 billion mark before 2031, with sales of electric two-wheelers hitting hundreds of millions. That covers everything small city electric bicycles, sporty electric motorcycles, and even practical electric cycles for commuters. In Asia, cost is the big reason. Local factories have made electric bikes cheaper and more available. In Europe, culture plays a role too people already love cycling, so the jump to electric bicycles and e-bikes feels natural. Meanwhile, in the U.S., the pitch is all about gas prices, convenience, and avoiding traffic. Different regions, different reasons, same outcome: more electric two-wheelers on the road. Of course, not everything is smooth. Safety concerns pop up often, especially with e-scooters. Charging is another weak spot there just are not enough stations yet. Big brands are still moving slowly, leaving smaller companies to push the e-bike and scooter market forward. But overall, the shift feels permanent. Governments are backing it, batteries are improving, and younger riders especially seem ready to ditch petrol scooters for something cleaner. In a few years, electric bikes, electric cycles, e-scooters, and electric motorcycles will not feel like alternatives anymore they will just be the norm.
Electric Scooter Market by Vehicle Type: Growth Across E-Bikes, E-Scooters, and Electric Motorcycles
If you break down the electric scooter market by type, it mostly falls into three categories: electric motorcycles, electric mopeds, and e-kick scooters & bikes. Out of these, it is the e-kick scooters and e-bikes that are expected to take the lead in 2024, both in value and in sales volume. People everywhere are paying more attention to the environment and looking for cleaner ways to get around. Governments are pushing the shift too, with policies and subsidies that make electric two-wheelers especially e-scooters, electric bicycles, and electric cycles easier to adopt. On top of that, big brands and investors are putting serious money into this part of the market, which only speeds up growth. That does not mean electric motorcycles and mopeds do not matter they are growing too. But right now, the smaller and lighter e-bikes and scooters seem to fit best with what most urban riders want: affordable, eco-friendly transport that cuts through traffic without the headaches of traditional bikes.
Low-Power Electric Two-Wheelers Drive Growth in the Global Electric Scooter Market
When you break down the electric scooter market by power output, there are basically three buckets: under 3.6 kW, 3.6 to 7.2 kW, and the big ones, 20 to 100 kW. Out of these, it is the under 3.6 kW group that is set to dominate in 2024. Honestly, smaller machines like e-kick scooters, e-bikes, and electric cycles just make more sense for daily life in crowded cities. They are cheap to run, easy to charge, and perfect for quick rides. A lot of governments are pushing them too, offering incentives and policies that make electric two-wheelers whether e-scooters, electric bikes, or electric bicycles more affordable. Another big driver is ride-hailing and mobility apps. Companies are putting money into fleets of e-scooters and e-bikes for micromobility, so people can just grab one for a short trip instead of using a car. Sure, high-power electric motorcycles are out there and growing, but right now it is the lightweight e-bikes and scooters that are carrying most of the market.
Lithium-Ion Batteries Power the Largest Share of the Global Electric Scooter Market
If you split the electric scooter market by battery type, you mostly see three kinds: the older sealed lead-acid, the popular lithium-ion, and the newer lithium-ion polymer batteries. Right now, and especially through 2024, it is the lithium-ion batteries that dominate. The thing is, lithium-ion just works better. Riders using e-scooters, e-bikes, or electric bicycles want something light, fast to charge, and reliable. Lead-acid feels outdated, and polymer is still a bit niche, but lithium-ion hits the sweet spot. That is why most electric two-wheelers on the streets whether small electric cycles for city rides or bigger electric motorcycles are already running on it. And it is not only scooters. Since lithium-ion batteries are being used everywhere now from electric bikes to renewable energy storage the supply chains keep getting stronger. That loop keeps pushing more e-bikes and e-scooters toward lithium-ion, leaving the other battery types trailing behind.
Electric Scooter Market Segmentation: Hub Motors vs. Mid-Drive Motors
When you look at motor types in the electric scooter market, it mostly comes down to two: hub motors and mid-drive motors. And within hub motors, you have got two Flavors - geared and gearless. Right now, it is hub motors that take the lead. To be fair, that is not a surprise. They are stable, simple, and they just work well for everyday riders. People using e-scooters, e-bikes, electric bicycles, or even lightweight electric cycles want something easy to maintain, and hub motors fit that bill. Governments are also adding fuel to the trend (well, not fuel you get the point). With so many policies supporting electric two-wheelers and incentives making electric bikes and scooters more affordable, hub motors have gained even more traction. Even bigger machines like electric motorcycles are seeing steady adoption, but the bulk of demand is still for hub-driven models.
Electric Scooter Market by Charging Type: Connector vs. Wireless
When you split the electric scooter market by charging type, there are two main categories: connector charging and wireless charging. For 2024, connector charging is expected to hold the largest share of the market. The reason is simple: connector charging is already more practical and widely used. Standardized connectors are being rolled out, making it easier for riders of electric two-wheelers whether e-scooters, e-bikes, electric bicycles, or electric cycles to charge at different stations without worrying about compatibility. Another factor driving this segment is the rising demand for fast charging. Many city commuters want quick turnaround times, so high-power DC fast charging with reliable connectors is becoming essential. Even bigger models like electric motorcycles benefit from this, as connector charging ensures stability and efficiency. Wireless charging is innovative and may grow in the future, but right now connector-based systems remain the clear leader in powering electric bikes and scooters.
Business Organizations Lead the Global Electric Scooter Market by End User
When the electric scooter market is broken down by end user, it includes groups like government institutions, universities, business organizations, micro-mobility service providers, individual riders, and others. Among these, business organizations are expected to hold the largest share in 2024. A big part of it comes from policy. Governments are actively encouraging companies to switch to electric two-wheelers as part of broader efforts to cut emissions and reduce traffic. This means more fleets of e-scooters, e-bikes, and electric bicycles being deployed for employees or last-mile logistics. Micro-mobility providers are also playing a growing role, adding electric cycles and e-scooters to urban transport networks. But right now, business use cases delivery firms, rental operators, and even corporate mobility programs are driving the most adoption. Larger electric motorcycles are gaining ground too, though the bulk of demand is still focused on lighter electric bikes and scooters for short trips.
Electric Scooter Market Growth Driven by Asia-Pacific Adoption
The electric scooter market is split by region North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. Right now, Asia-Pacific is leading by a big margin. Both in value and in the number of units, it is on top in 2024. The reasons are pretty clear. Cities are crowded, fuel is costly, and pollution is hard to ignore. People are shifting to electric two-wheelers. For quick runs, e-scooters are common. Others choose e-bikes or electric bicycles. And yes, even electric motorcycles are gaining ground. Governments are helping too, with tax breaks and EV policies. Companies are adding charging points, rolling out fresh models of electric bikes, cycles, and scooters. It is easy to see why Asia-Pacific is setting the pace for e-scooters and electric bikes worldwide.
Key Players:
The key players operating in the global electric Scooter market are Fuji-Ta Bicycle Co., Ltd. (China), Trek Bicycle Corporation (U.S.), Yamaha Motor Co., Ltd. (Japan), Yadea Group Holdings Ltd. (China), Riese & Müller GmbH (Germany), Leon Cycles (Germany), Niu Technologies (China), Walberg Urban Electrics GmbH (Germany), myStromer AG (Switzerland), Magnum Bikes (U.S.), Pedego Electric Bikes (U.S.), Aventon Bikes (U.S.), Govecs AG (Germany), Zhejiang Minimotors Bike Co Ltd (China), Zero Motorcycle Inc. (U.S.), Gogoro Inc. (Taiwan), Ather Energy Pvt. Ltd (India), Energica Motor Company (Italy), Revolt Motors (India), Hero MotoCorp Ltd. (India), and Rad Power Bikes Inc. (U.S.).
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Key Questions Answered in the Report:
Which factors are driving the growth of electric two-wheelers worldwide?
What role do government policies and subsidies play in shaping the electric scooter market?
Why are e-kick scooters and e-bikes gaining more traction compared to electric motorcycles?
How do urban commuting needs influence the demand for different electric vehicle types?
Why is the low-power (under 3.6 kW) electric scooter segment leading the market?
How are ride-hailing and micromobility companies boosting the demand for low-power e-scooters and e-bikes?
Why do lithium-ion batteries account for the largest share of the electric scooter market?
Could lithium-ion polymer batteries emerge as a strong competitor in the coming years?
What makes hub motors more popular than mid-drive motors in e-bikes and e-scooters?
How do geared vs. gearless hub motors differ in terms of performance and adoption?
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