Created for forward-thinking professionals, this report equips teams with the insights needed to compete effectively in the e-scooter sharing space.
What Is The Projected Market Size & Growth Rate Of The E-Scooter Sharing Market?
The e-scooter sharing market size has grown rapidly in recent years. It will grow from $1.33 billion in 2024 to $1.54 billion in 2025 at a compound annual growth rate (CAGR) of 16.1%. The growth in the historic period can be attributed to urbanization, last-mile connectivity, mobile technology, investment and funding and shift towards sustainable transportation.
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What Is The Crucial Factor Driving The Global E-Scooter Sharing Market?
The increasing greenhouse gas and carbon emissions are expected to propel the growth of the e-scooter-sharing market going forward. Greenhouse gases trap heat in the Earth's atmosphere, warming the planet. Carbon emissions refer to releasing carbon dioxide (CO2) into the air, mainly from burning fossil fuels like coal, oil, and gas. The emission of greenhouse gas and carbon emissions is primarily due to human activities that involve burning fossil fuels, deforestation, industrial processes, and agriculture. E-scooter-sharing services help to reduce carbon emissions by promoting sustainable transportation, reducing reliance on cars, providing last-mile connectivity, encouraging modal shifts, and lowering energy consumption. For instance, in August 2024, according to the International Energy Agency, a France-based intergovernmental organization, global CO2 emissions from fuel combustion rose by 1.3% in 2022, exceeding pre-COVID-19 levels. China and the United States accounted for 45% of these emissions, followed by the European Union, India, Russia, and Japan. Therefore, the increasing greenhouse gas and carbon emissions are driving the growth of the e-scooter-sharing market.
Segment Covered In The E-Scooter Sharing Market Report
The e-scooter sharingmarket covered in this report is segmented –
1) By Type: Free-Floating, Station-Bound
2) By Distribution Channel: Online, Offline
3) By End-User: Personal, Commercial
Subsegments:
1) By Free-Floating: GPS-Enabled E-Scooters, Smartphone App-Based Rentals
2) By Station-Bound: Docking Station-Based Rentals, Fixed Station Locations
Key Trends Driving Growth In The E-Scooter Sharing Market
Major companies operating in the e-scooter-sharing market are focusing on developing innovative services, such as shared mobility services to enhance user experience and improve operational efficiency. Shared mobility services refer to transportation solutions where vehicles or rides are shared among users, including options like car-sharing, bike-sharing, and ride-hailing, aimed at reducing individual car ownership and promoting sustainable transit. For instance, in April 2022, Dott, a Netherlands-based micromobility company, launched shared e-scooter service in Stockholm, Sweden. Dott’s e-scooters in Stockholm offer a unique mobility solution with 1,500 units designed to enhance safety and convenience. Key features include large wheels, comprehensive lighting (front, rear, and indicators), triple braking, and license plates. The vehicles are governed by a software system that enforces a 20 km/h speed limit and includes slow and no-ride zones. Additionally, responsible riding is encouraged through e-learning modules available via the Dott app, ensuring both safety and a seamless travel experience for residents and visitors.
Key Player In The E-Scooter Sharing Market
Major companies operating in the e-scooter sharing market are Xiaomi Corporation, Helbiz Inc., Lyft Inc., Coup Mobility GmbH, Gogoro Inc., VOI Technology, Tier Mobility, Cooltra Corporate S.L., Hellobike, LimeBike Inc., Bird Rides Inc., Felyx B.V., GoTo Global Mobility Ltd., Beam Mobility Holdings Pte Ltd., Wheels Labs Inc., Neuron Mobility Pte Ltd., OjO Electric LLC., Inokim Electric Scooters, Ridepanda Inc., Wind Mobility Ltd., Circ Mobility GmbH
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Global E-Scooter Sharing Market - Regional Insights:
Europe was the largest region in the e-scooter sharing market in 2024. The regions covered in the e-scooter sharing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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