Global Electric Scooters Market Size, Share & Industry Trends Analysis Report By Battery, By End-use, By Drive Type, By Regional Outlook and Forecast, 2023 - 2030
発行: KBV Research
ページ情報: 英文 336 Pages
駆動方式別に見ると、ベルトドライブ、チェーンドライブ、ハブモーターに分類されます。2022年の市場では、ハブモーターセグメントが最も高い収益シェアを占めています。ハブドライブは、効果的な動力伝達、より静かな動作、安価な修理・メンテナンスコストに関して競合他社を凌駕しています。このため、Yadea Technology Group Co., Ltd.、NIU International、Yamaha Motor Corp.などの大手企業は、さまざまなハブ駆動のeスクーターを提供するようになっています。このセグメントの急成長は主に、ギヤードハブモーターの耐久性と速度制御の向上、軽量化、機械損失の低減、柔軟性の向上、低回転域での高トルク、ブレーキ兼用能力によるものです。
The Global Electric Scooters Market size is expected to reach $59.5 billion by 2030, rising at a market growth of 9.2% CAGR during the forecast period. In the year 2022, the market attained a volume of 11,462.8 thousand units, experiencing a growth of 7.3% (2019-2022).
Electric scooters are widely brought for short distance commute. Micro-mobility solutions are often more affordable than owning a car or even using rideshare services for short trips. Therefore, the personal use segment is expected to acquire more than 3/5th share of the market by 2030. This cost-effectiveness appeals to a wide range of people, especially in urban areas where parking costs can be high. Therefore, many nations have seen a rapid increase in the sales of electric vehicles like e-scooters. For example, according to the Electric Two-Wheelers In India Report by Alliance for an Energy Efficient Economy published in June 2022, in 2021, sales of electric two-wheelers increased by more than twofold, from 1,00,736 units in 2020 to 2,33,971 units in 2021. Some of the factors impacting the market are growing demand for electric scooters owing to low maintenance cost, increasing prices of conventional fuels leading to greater demand for electric scooters, and Inadequate infrastructure for charging.
Electric two-wheelers manufacturers are anticipated to create scooters with a greater range than the present electric two-wheeler generation. Maintenance will not be an issue with fewer moving elements than traditional two-wheelers. electric scooters don't require the same variety of fluids that ICE vehicles do, such as engine oil, transmission fluid, and coolant. This eliminates the need for regular fluid checks, changes, and associated maintenance tasks. Additionally, governments are providing financial and non-financial incentives, which has caused the market to expand significantly. In light of growing low maintenance cost and demand for EVs, the electric scooters market will grow significantly. The cost of traditional fuels is rising, and consumers are adopting fuel-efficient and cost-effective alternative transportation methods. As a result, numerous governments and businesses are consistently investing in infrastructure and charging stations to encourage the adoption of electric vehicles and make it easier for users to charge their scooters. Charging electric scooters at home or at dedicated charging stations offers users convenience. They can start their rides with a full charge, without needing to find a charging station in the middle of their journey. Hence, all of these elements will accelerate the growth of the market in the coming years.
However, the absence of charging infrastructure is a significant hindrance to expanding the market. The convenience with which the vehicle may be charged virtually anywhere, at any time, is the most crucial factor for any user when acquiring an electric two-wheeler. In contrast to established countries, most developing nations lack the required charging stations. In specific areas, the limited availability of electric scooter-sharing services and the availability of sales hinder market penetration and adoption. Hence, all these elements may hamper the growth of the market in the coming years.
Based on battery, the market is bifurcated into lead acid, li-ion, and others. The li-ion segment witnessed the largest revenue share in the market in 2022. The price of Li-ion batteries is anticipated to decline, which will, consequently, lower e-scooter prices. Li-ion batteries have a high energy density, which means they can store a significant amount of energy in a relatively small and lightweight package. This makes them ideal for electric vehicles where space and weight are important considerations.
On the basis of end-use, the market is segmented into personal use and commercial use. The commercial use segment garnered a significant revenue share in the market in 2022. E-scooters are a practical and affordable last-mile delivery option for commercial applications. E-scooters may be a viable solution for quick and effective mobility in factories, universities, warehouses, and industrial sites with enormous land areas. As the trend of shared mobility gains momentum, many vehicle rental facilities are implementing e-scooters that can be rented on a per-mix or per-time basis for long-distance commutes, thereby contributing to the segment's growth.
Drive Type Outlook
By drive type, the market is classified into belt drive, chain drive, and hub motors. The hub motors segment held the highest revenue share in the market in 2022. Hub drives outperform their competitors regarding effective power transmission, quieter operation, and cheap repair and maintenance costs. This is encouraging major companies like Yadea Technology Group Co., Ltd., NIU International, and Yamaha Motor Corp. to offer a variety of hub drive e-scooters. This segment's rapid growth is primarily attributable to the improved durability and speed control of geared hub motors, lighter weight, reduced mechanical losses, greater flexibility, high torque at low RPMs, and the ability to double as brakes.
Region wise, the market is analyzed across North America, Europe, Asia Pacific and LAMEA. In 2022 the Asia pacific region led the market by generating the highest revenue share. As an automotive hub with significant sales and manufacturing in China, the region is anticipated to dominate the electric scooter market share. This development can be attributed to the rising popularity of personal mobility in the post-COVID era, which will increase the preference for automobiles. The APAC region is anticipated to be driven by rising consumer demand for affordable e-scooters for short-distance travel and government measures to encourage the usage of this form of scooter.
The market research report covers the analysis of key stakeholders of the market. Key companies profiled in the report include Gogoro, Inc., Honda Motor Co. Ltd., Jiangsu Xinri E-Vehicle Co., Ltd., AllCell Technologies LLC (BEAM Global), BMW Group (BMW Motorrad), Boxx Technologies LLC, Kinetic Green Energy & Power Solutions Ltd., Greenwit Technologies, Inc., KTM AG (PIERER Mobility AG), and Mahindra & Mahindra Limited (Mahindra Group)
Strategy Deployed in Electric Scooters Market
Aug-2023: Gogoro Inc. partnered with Swiggy, an on-demand convenience delivery platform. With this partnership, Gogoro would commercialize its Smartscooters (electric scooters) to Swiggy and deliver its battery-swapping infrastructure to Swiggy's delivery fleet.
Mar-2023: Gogoro Inc. signed a partnership with Zomato, a leading food ordering and delivery company, and Kotak Mahindra Prime Ltd., a financing solution. Under this partnership, Gorogo would enable Zomato's delivery partners to adopt Gogoro electric scooters as a means of last-mile delivery solutions with Kotak allowing the financing for the same. The e-scooters would be using Gogoro's battery-swapping network.
Sep-2022: Kinetic Green Energy teamed up with Power Solutions, which has a strong presence in electric three-wheelers. With this collaboration, both companies broadened their electric two-wheeler range with the new Zing High-Speed Scooter.
Jul-2022: BMW unveiled CE 04, an e-scooter with 8.9kWh lithium-ion battery, enabling it a range of 130km on a single charge. The CE 04 has a compact front apron, a bigger size panel, and a lean tail section with a bench-like seat. Moreover, the e-scooter consists of storage compartments located on the sides and front.
May-2022: Mahindra & Mahindra partnered with the Volkswagen Group, a German global automotive manufacturer. With this partnership, Mahindra & Mahindra aims to evaluate further development on its Born Electric platform by sourcing components from Volkswagen's MEB platform.
Jan-2022: Kinetic Green Energy & Power Solutions collaborated with Aima Technology Group, a China-based electric vehicle giant. Following this collaboration, companies would aim to co-design and develop electric two-wheelers for the rapidly emerging domestic market. Moreover, Kinetic would aggressively grow the E2W business and create a capacity of 5 lakh units a year in the next couple of years.
Jan-2022: Mahindra Group signed a partnership with Hero Electric, an electric scooter company. This partnership focuses on the EV segment. Furthermore, In the technology sharing part, Mahindra would manufacture multiple models of Hero Electric's offerings at its plant in Pitampur, MP. Additionally, the alliance would aid Hero Electric to reach a manufacturing capacity of a million Electric two-wheelers.
Dec-2021: BMW Motorrad came into partnership with TVS, a manufacturer of motorcycles based in India. Following this partnership, both companies would develop new platforms and future technologies, including Electric Vehicles.
Apr-2021: Gogoro Inc. came into partnership with Hero MotoCorp Ltd., a two-wheeler manufacturer and provider. This partnership aims to boost the shift to sustainable electric mobility across India. Under this partnership, companies would establish a battery-swapping joint venture to bring Gogoro's industry-leading battery-swapping platform to India and would join hands to collaborate on electric vehicle development to bring Hero-branded vehicles to market.
Market Segments covered in the Report:
By Battery (Volume, Thousand Units, USD Million, 2019-2030)
By End-use (Volume, Thousand Units, USD Million, 2019-2030)
By Drive Type (Volume, Thousand Units, USD Million, 2019-2030)
By Geography (Volume, Thousand Units, USD Million, 2019-2030)
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