Published on: October 08, 2021
Kick scooter market size will increase at a steady pace. The recovery of the automotive industry is likely to amplify kick scooters sales. Moreover, the adoption of different variety of models with new designs and latest technology will also influence market growth during the forecast period. Razor USA LLC, Segway Inc., Xiaomi Corporation, Spin, YADEA Technology Group Co. Ltd., Niu Technologies, Bird Rides Inc., KTM Group, and Fuzion Scooters are some of the key vendors in this marketspace.
This report provides a comprehensive analysis of the market by wheels (two-wheeled, three-wheeled, and four-wheeled) and geography.
Top Market Trend - Recovery in automotive industry is likely to amplify kick scooters sales
Growth Driver - Adoption of different variety of models with new designs and latest technology
Major Market Challenge - Pressure of a disrupted supply chain for automotive manufacturers
Parent Market - Auto parts & equipment
Prominent Vendors - Razor USA LLC, Segway Inc., Xiaomi Corporation, Spin, YADEA Technology Group Co. Ltd., Niu Technologies, Bird Rides Inc., KTM Group, and Fuzion Scooters
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The kick scooter market is catalogued under the auto parts & equipment industry which will grow at a moderate pace during the forecast period.
With the growing penetration of smartphones with new and innovative user-friendly mobile applications, there is an increasing preference for on-demand transportation services. Rapid urbanization in the developing countries of APAC is expected to support the ride-hailing services market in the region, creating demand for online on-demand transportation service providers.
The increasing consumer adoption of online on-demand transportation services may lead to a decline in volume sales of automobiles to individual consumers, which, in turn, impact the auto parts and equipment market.
The global market for kick scooter has been segmented by wheels and geography. Based on wheels, the market has been further segmented into two-wheeled, three-wheeled, and four-wheeled.
Based on Geography
By geography, the report analyzes the market by key regions North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa (MEA).
Regional-specific analysis also provide insights of the upcoming demand for kick scooter across key countries in these regions.
Major market trends such as the adoption of different variety of models with new designs and latest technology and the recovery of the automotive industry is likely to amplify kick scooters sales will have a positive influence on market growth and as a result, the market size will increase at a steady rate year-over-year.
Though there are several growth for market players, the pressure of a disrupted supply chain for automotive manufacturers will hinder market growth.
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Some of the key kick scooter market vendors covered in this report include:
Razor USA LLC
Segway Inc.
Xiaomi Corporation
Spin
YADEA Technology Group Co. Ltd.
Niu Technologies
Bird Rides Inc.
KTM Group
Fuzion Scooters
The market is competitive and with the upcoming number of growth opportunities for market vendors, the competitive landscape is set to intensify further. The key players are adopting various strategies including collaborations, M&As, and the development of innovative products to enhance their customer base.
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Accurate prediction on kick scooter market CAGR, market size, and growth potential.
Insights on the market’s growth & opportunities in the global and regional levels.
Get a clear understanding on the business implications of key market trends.
Detailed analysis of market challenges and risks.
Comprehensive data that covers region-, segment-, and company-specific information.
Identify key competitors and the products/services they offer, their market share, and business strategies including investments & M&As.
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Scope of the Report |
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Report Coverage |
Details |
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Page number |
120 |
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Base year |
2020 |
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Forecast period |
2021-2025 |
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Parent Market |
Auto Parts & Equipment |
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Parent Market Size |
$XX.X billion |
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By Wheels |
Two Wheeled | Three Wheeled | Four Wheeled |
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Regional analysis |
North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa (MEA) |
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Companies profiled |
Razor USA LLC, Segway Inc., Xiaomi Corporation, Spin, YADEA Technology Group Co. Ltd., Niu Technologies, Bird Rides Inc., KTM Group, and Fuzion Scooters |
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Top Market Trend |
Recovery in automotive industry is likely to amplify kick scooters sales | Adoption of different variety of models with new designs and latest technology |
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Report Benefits |
Market trends analysis, Competitor market share and strategies, Company profiling and competitive benchmarking, Growth opportunities in global and regional levels, Business implications of market risks and challenges |
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