E-Scooter Evolution: The Top 10 Companies Revolutionizing Urban Mobility

The global Electric Scooter Market is on an upward trajectory, projected to exceed a staggering $408.1 billion by 2031, showcasing a compelling Compound Annual Growth Rate (CAGR) of 21.6% from 2024 to 2031. In terms of volume, the market is anticipated to reach 2,985,236,930 units by 2031, with a noteworthy CAGR of 18.1% during the forecast period 2024 to 2031. The market's growth is propelled by factors such as the localization of electric two-wheeler manufacturing in emerging economies, increasing consumer acceptance of electric vehicles, and the growing adoption of Electric Powered Two-Wheelers (E-PTWs) in developed economies.