E-Scooter Sharing Market Momentum Builds: 17.9% CAGR Foreseen
E-Scooter Sharing Market Momentum Builds: 17.9% CAGR Foreseen
The global E-scooter sharing market was valued at US$ 1.1 Billion in 2022 and is expected to reach US$ 5.7 Billion by 2032 finds Future Market Insights (FMI) in a recent market survey. E-scooter sharing market is likely to surge at a vigorous 17.9% CAGR during the forecast period of 2022 – 2032.

In free-floating sharing commuters can pick up and drop off the E-scooters from a place sanctioned by civic authorities. Hence, they can find free-floating sharing services convenient for short transit routes.

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Kick Scooter Has an Upper Hand over Smart Scooters in E-scooter Sharing:
Kick scooters are more opted for by users over smart scooters in E-scooter sharing. Kick scooters are generally easy to use as compared to smart scooters, which makes commuters choose kick scooters over smart scooters for E-scooter sharing.

US to Dominate E-scooter Sharing Market throughout the Analysis Period:
The US generated the highest revenue in the E-scooter sharing market in 2021. While two of the top E-scooter sharing providers are based in the US, it holds a market share of US$ 340.9 Million in 2021. Due to the high usage of E-scooter sharing, the market in the US is expected to account for US$ 1.9 Billion in revenue by 2032.

Leading Key Players:
Neutron Holdings, Inc., Cityscoot, Cooltra Motosharing,  S.L.U, Bird Global Inc., Vogo Automotive Pvt. Ltd., TIER Mobility AG, Voi Technology AB, Wind Mobility, Beam Mobility Holdings Pte. Ltd

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