E-Scooter Sharing Market Competition by Manufacturers 2028

E-Scooter Sharing Industry Overview

The global e-scooter sharing market size was valued at USD 925.3 million in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 18.8% from 2022 to 2028.

The growth of the market can be largely attributed to the growing popularity and the increasing demand for shared micro-mobility. Convenience, favorable cost structure, greater flexibility, and user-friendly features are some of the other factors associated with the electric scooter (e-scooter) sharing system, which are expected to contribute to the growth of the market. E-scooter sharing envisages an easy-to-use mode of travel ensuring last-mile mobility. The growing popularity of shared mobility through ride-hailing has helped in paving the way for shared e-scooters. Electric scooters are smaller in size and consume relatively lesser space for parking. Hence, both governments and e-scooter sharing service providers are encouraging daily travelers to opt for e-scooter sharing services as an economical, convenient, and easier way of commutation. Most providers offer dockless, free-floating services that annul the need to pick up and return e-scooters to specific locations.

Gather more insights about the market drivers, restrains and growth of the Global E-Scooter Sharing Market

U.S. e-scooter sharing market size, by type, 2019 - 2028 (USD Million)

Road traffic congestion, particularly during peak hours in urban areas, is driving the preference for micro-mobility options and propelling the growth of the market. There were around 66,000 shared e-scooters available globally in 2019. E-scooter sharing, which is available in 88 cities across 21 countries, is gradually emerging as a global trend. Although Europe is dominating the global market, the Indian market has been witnessing a giant, unparalleled push. With around 15,000-20,000 e-scooters, up to 30% of the global fleet is in India at present.

However, there also exist some counterfactors that are expected to restrain the growth of the market. Complex rules and regulations are particularly restraining the growth of the market. These include the changing regulations about mandatory driver’s licenses and the use of a helmet. A looming lack of dedicated driving lanes for shared e-scooters is also discouraging commuters from opting for shared mobility. On the other hand, market players are confronting challenges in maintaining profitability, especially due to the lower durability and hence the lower lifespan of shared e-scooters.

Browse through Grand View Research's Automotive & Transportation Industry Research Reports.

  • Electric Scooters Market - The global electric scooter market was estimated at USD 33.18 billion in 2022 and is projected to register a compound annual growth rate (CAGR) of 9.9% from 2023 to 2030.
  • Electric Bus Market - The global electric bus market size was valued at USD 40.1 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 13.5% from 2022 to 2030.

Market Share Insights

  • October 2021: Neuron Mobility of Singapore joined Lime to offer e-bikes and e-scooters in Christchurch, New Zealand.
  • August 2021: Bounce launched a free-floating e-scooter sharing service in Vijayawada, India.
  • March 2021: Singapore-based Neuron Mobility planned to expand its business in South Korea. Key players are also focusing on growth strategies such as research and development and the launch of new products.

Key Companies profiled:

Some prominent players in the global e-scooter sharing market include

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

Order a free sample PDF of the E-Scooter Sharing Market Intelligence Study, published by Grand View Research.

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