Worldwide E-Scooter Sharing Market Demand is Set to Reach US$ 8.3 billion by 2034

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The e-scooter sharing market has rapidly emerged as a disruptive force in urban transportation, offering a convenient, eco-friendly, and cost-effective alternative to traditional modes of commuting.

The global e-scooter sharing market has been analyzed at a value of US$ 1.9 billion in 2024. Over the forecast period (from 2024 to 2034), worldwide revenue from e-scooter sharing services is forecasted to exhibit 16% CAGR (compound annual growth rate), leading to a market size of US$ 8.3 billion by 2034-end.

This research report provides a comprehensive analysis of the e-scooter sharing market, examining key trends, drivers, challenges, and opportunities shaping its growth trajectory.

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E-scooter sharing programs ensure easy-to-use mobility for different last-mile trips. Increasing popularity of shared mobility is anticipated to increase demand for e-scooters.

Further, they are comparatively small in size, therefore need less space for parking. Thus, providers of e-scooter sharing solutions and governments are stimulating regular commuters to use these services as an easier, more economical, and more convenient way to get around.

Market Dynamics
Drivers: The primary drivers propelling the growth of the e-scooter sharing market include the growing demand for last-mile transportation solutions, rising adoption of shared mobility services, and government initiatives promoting sustainable urban mobility. Additionally, the convenience, affordability, and ease of access offered by e-scooter sharing platforms have contributed to their popularity among commuters, students, and tourists alike.

Challenges: Despite the favorable market conditions, the e-scooter sharing industry faces challenges such as regulatory hurdles, concerns regarding safety and pedestrian interaction, vandalism and theft of e-scooters, and operational issues related to maintenance and charging infrastructure. Addressing these challenges requires collaboration between e-scooter operators, local governments, and other stakeholders to ensure safe and sustainable deployment of shared e-scooter services.

Market Segmentation

By Type :
Free-floating
Station-bound

By Distribution Channel :
Online
Offline

By Region :
North America
Europe
East Asia
Latin America
Middle East & Africa
South Asia & Oceania

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Regional Analysis

By the end of 2034, North America is expected to account for 31.5% of the global market share. The younger generation is increasingly using e-scooter sharing services because of their environmentally favorable features.

Furthermore, opportunities for service providers are anticipated as a result of the e-scooters’ flexibility, convenience, and technological developments.

By 2034, the US is expected to control 45.6% of the North American market. In the US, e-scooter sharing services are growing in popularity, particularly with younger people.

E-scooter sharing solutions are expected to gain popularity due to factors like inexpensive fares, mobility, and flexible parking policies.

Top Vendors are
GoTo Global Mobility Ltd.
Neutron Holdings, Inc.
VOI Technology
Cityscoot
Lyft Inc.
Cooltra Motosharing, S.L.U
Vogo Automotive Pvt. Ltd.
Bird Global Inc.

Competitive Landscape
The presence of a few key competitors who control substantial market shares contributes to the consolidation of the global industry. To get into undiscovered markets, these major businesses are placing a strong emphasis on geographic expansion.

They also guarantee alliances, the creation of new products, service quality assurance, etc.

As an example:
In 2021, Neuron Mobility and Lime partnered to provide e-scooters and e-bikes in Christchurch, New Zealand.

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