Micro Mobility Industry To Witness Massive Growth By 2030

Micro Mobility Industry Data Book – Electric kick scooters, Electric skateboards and Electric Bikes Market Size, Share, Trends Analysis, And Segment Forecasts, 2022 – 2030

The global electric kick scooter, skateboards, and bike markets combine to account for USD 21.43 billion in revenue in 2021, which is expected to reach USD 60.71 billion by 2030, growing at a cumulative rate of 13.9% over the forecast period.

Micro Mobility Data Book Coverage –

Micro Mobility Data Book Coverage Snapshot

Markets Covered
Micro Mobility Industry

USD 21.43 billion in 2021

13.9% CAGR (2022 to 2030)

Electric Kick Scooters Market Size

USD 2.61 billion in 2021

11.5% CAGR (2022 to 2030)

Electric Bikes Market Size

USD 980.3 million in 2021

7.8% CAGR (2022 to 2030)

Electric Bicycles Market Size

USD 17.83 billion in 2021

5.0% CAGR (2022 to 2030)


Access the Global Micro Mobility Industry Data Book, 2022 to 2030, compiled with details like market sizing & forecast insights, regulatory & technology framework, pricing intelligence, volumetric analyses, competitive benchmarking analyses, and macro-environmental analyses studies

Electric Kick Scooter Market Growth & Trends

The global electric kick scooter market size is expected to reach USD 12.26 billion and register a CAGR of 13.7% from 2023 to 2030, according to a study conducted by Grand View Research, Inc. The market growth is attributed to the increasing penetration of cost-effective electric scooter sharing services across the globe.
While the market is expected to witness promising growth opportunities in the long run, the COVID-19 pandemic is likely to negatively impact the market. Strict restrictions on transportation activities and lockdowns in the first half of 2020 paralyzed e-kick scooter retail business activities across the globe. While manufacturing and supply chain activities were severely disrupted, the situation was particularly challenging for manufacturers and dealers. Post pandemic, government initiatives to replace existing fleet with an electric vehicle, and more and more e-kick scooter manufacturers entering the ride sharing service market is propelling the market.
The need for product differentiation and the introduction of next-generation technology is anticipated to favor the e-kick scooter market growth. One of the key factors expected to boost the demand is shrinking parking spaces in metro cities. Moreover, scooters have gained prominence in countries such as the U.S., Germany, France, and Spain. The growing need to avoid traffic congestion and increased demand for micro-mobility options have encouraged vendors to manufacture folding electric kick scooters. These foldable electric kick scooters are portable, lightweight, and require low maintenance cost thus they are widely preferred by consumers end.

An increase in greenhouse gas emissions has resulted in initiatives to combat climate change with hopes pinned on e-mobility. Several countries globally have started enacting climate change action plans to reduce vehicular emissions by adopting sustainable and eco-friendly transportation options. Furthermore, investments in clean energy and initiatives taken by governments to curb CO2 emissions are expected to boost the demand for e-kick scooters over the coming years.

North America is expected to be the fastest-growing region over the next few years. The high growth of the region is attributed to the rapid rate of adoption in the U.S. and Canada. The people in the region have shifted their interest towards buying the technologically advanced e kick scooter for short distance commutes and local site seeing.

E-bikes Market Growth & Trends

The global e-bikes market size is anticipated to reach USD 52.37 billion by 2030, growing at a CAGR of 13.5% over the forecast period, according to a new report published by Grand View Research, Inc. Electric bikes are considered an eco-friendly and flexible mode of transportation. They are an ideal substitute for public transport, scooters, and smart cars as they help avoid traffic jams and achieve high speed with minimal effort. Moreover, they enable riders to maintain a healthy lifestyle through increased physical activity. These factors are contributing to the growth of the global market.

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