ELECTRIC SCOOTER MARKET IN THE US

KEY FINDINGS

• The electric scooter market has seen strong growth driven by increasing urbanization, environmental issues, and technological advances in the field of battery technology.

• Scooters have just begun to be recognized as an easy way to carry out last-mile connectivity, mainly in urban areas, which in turn would reduce congestion on roads and emissions.

• Key cities across the world have witnessed the entry of electric scooter-sharing services as modes of transport that increase the market and its adoption from consumers who prefer on-demand transportation.

• Most cities have challenges with policing, parking, and infrastructure integration that might have the potential to affect growth and even disrupt models of operation.

• Improvement in electric scooter design and functionality is never at rest, with the continuous realization of better battery life, efficiency, and lightweight materials.

• Market competition materialized with legacy players and startups alike, offering a constellation of features ranging from connectivity, smart functionality, and affordable prices to reliability.

• Coupled with environmental sustainability, consumer awareness of the convenience that e-scooters afford to commuters, students, and tourists alike has powered widespread adoption across a broad spectrum of demographics.

• While e-scooters do represent less environmentally destructive alternatives to traditional vehicles, there are misgivings about the sustainability of scooter production, maintenance, and recycling when they reach the end of their useful life.

• The market has been attracting major venture capital firms and interest from major technology companies, underlying investment in innovative scooter design, improving battery technology, and software platforms.

ELECTRIC SCOOTER MARKET IN THE US OVERVIEW

The growth in the global electric scooter market in recent years has been very rapid, triggered by a combination of factors. Increasing urbanization, coupled with growing environmental concerns, increased demand for eco-friendly transportation solutions. Electric scooters provide easy last-mile connectivity across cities, reducing congestion on roads and giving an additional option that minimizes emissions. Though also spoiler-fueled by the bloom of electric scooter-sharing services in large cities across the world, these companies gave consumers flexible, on-demand mobility solutions. However, the market does find itself facing regulatory challenges related to safety, parking, and infrastructure integration in a way that could influence the trajectories of growth and operational models.

Improvements in battery life, efficiency, and lightweight materials are critically linked to the development of electric scooter design and performance. This pressure increased competition among traditional players and new startups to devise more connected, smart, and affordable products with reliability. Growing consumer awareness about environmental sustainability quickened adoption across a wide range of demographics, including commuters, students, and tourists. Although electric scooters have several environmental benefits compared to traditional vehicles, the production processes and the ones of maintenance,end-of-life recycling are still questionable. Nonetheless, a market growth so rapid has been able to create not only job positions associated with maintenance, operation, and software development but huge investments from many venture capital firms and famous technology companies. Itcontiinue's innovation in scooter design, improvement of rechargeable batteries, and software platforms are all fueled by such an investment flow, making the electric scooter market one of the most important players in global efforts toward sustainable urban mobility.

INTRODUCTION TO ELECTRIC SCOOTER MARKET IN THE US

Electric scooters, also known as e-scooters, are evolved versions of personal transport that derive their power supply from an electric motor, powered by rechargeable batteries. They are increasingly popular as a convenient and environmentally-friendly, short-distance alternate mode of learning for urban commutes. Designed with a lightweight facility, either to increase the facility of carrying them and for durability, using materials such as aluminum or carbon fiber, electric scooters come in vastly varying features and specifications.

Electric scooters are primarily used for "last-mile" transportation—getting from a public transit stop to a final destination. They appeal, therefore, to people who want to avoid traffic congestion and parking problems in their daily commutes. Another advantage of electric scooters is their environmental benefits: they run without burning fossil fuel and thus emit fewer emissions than conventional gas-powered vehicles. The compactness of their structure and foldability make them easy to store and carry around, hence very attractive to people looking for a portable urban mobility solution. Despite all the advantages of an electric scooter, it does pose challenges in terms of regulations around safety, rider behavior, and integration with existing transport infrastructure. Some cities moved to institute regulations around where and how electric scooters can be used—including speed limits, and parking areas, among others. Consequently, concerns over the safety of riders continue to top the priority list of both policymakers and manufacturers, more so in the heavily populated areas.

ELECTRIC SCOOTER MARKET IN THE US SIZE AND FORECAST

Electric Scooter Market in the US was valued at $XX Billion in 2023 and is projected to reach $XX Billion by 2030, reflecting a compound annual growth rate (CAGR) of XX% from 2024 to 2030.

ELECTRIC SCOOTER MARKET IN THE US TECHNOLOGICAL TRENDS

Improved Battery Technology

Increased emphasis on improved battery performance, including higher range per charge and reduced charging time. This requirement of urban commuters would be met essentially by chemical improvements in lithium-ion chemistries and their management systems.

Smart Mobility Solutions

Integration into the system incorporates various smart technologies: GPS tracking, IoT connectivity, and mobile apps for ride-sharing and fleet management. These features enhance the user experience and enable scooter fleets to be deployed efficiently while ensuring adherence to local regulations of cities.

Safety Improvements

Advanced safety features in electric scooters in the US will include anti-lock braking system, traction control, enhanced visibility using LED lights, among others that shall reduce accidents and enhance the safety of riders.

BGR Safety and Regulatory Compliance Solutions

These electric scooters are also heavily equipped with technology for enforcing speed limits, monitoring the behavior of riders, helmet usage, wearing helmets, and compliance with regulations relating to parking restrictions and operational zones within many US cities.

ELECTRIC SCOOTER MARKET IN THE US NEW PRODUCT LAUNCH

Surge S32

Hero MotoCorp's Surge startup rolled out the Surge S32, an innovative two-in-one electric vehicle aimed at self-employed people in the US market. From the front, it looked just like any other regular 3W electric cargo vehicle with headlights and indicators. The Surge S32 arrived with a modular design, whereby a simple press of a button saw the front windshield section lift to reveal the electric scooter within it. This was made possible by a spring-loaded double-stand mechanism that allowed users to switch from a daily-use 3W vehicle to a more stylish e-scooter. The Surge S32 came with a burly 10 kW (13.4 bhp) motor on the 3W configuration and a 3 kW (4 bhp) motor on the scooter, with respective battery capacities of 11 kWh and 3.5 kWh. This provided good range and performance, where the 3W was able to transport loads as heavy as 500 kg to a speed of 50 km/h, while it could go up to 60 km/h itself. It was designed to meet various mobility needs and hence improve the lifestyle and earning capabilities of any user within the US electric scooter market.

P1 electric scooter

Infinite Machine announced its entrance into the US electric scooter market with the P1. Hailing from New York City-based startup founded by Joseph and Eddie Cohen, the P1 is a blend of performance, practicality, and cyberpunk stylings. In its design, the brand turns to faceted forms as visible from the Tesla Cybertruck, melding functionality into the steel chassis with aluminum panels for strength and durability. Key features include a swappable 4.3kWh battery system and onboard storage solutions optimized for urban commuting. Power is supplied by a single motor at 6.7kW output, with a top speed of 55mph and a projected range of approximately 60 miles. The scooter touts four drive modes: Eco, Performance, Reverse, and Turbo Boost. It supports Apple CarPlay and Android Auto, plus a cloud-based alarm system to beef up security. With its impressive features, the P1 is all set to change urban travel without any emissions, appealing design, and user-oriented features tailored for the modern urban lifestyle.

Leopard Electric Scooter

Ausom presented its flagship product, the Leopard, with its entry into the US off-road electric scooter market. As a vehicle designed for adventures, their Leopard was equipped with an incredible 1000W motor that would take riders up to 34mph, with a climb angle of 25%--remarkable in itself. Its 20.8Ah battery allowed a good range of up to 52 miles in one charge, therefore providing long-term performance for longer rides. Also built to be strong, it had oversized swing-arms that helped absorb shocks and build comfort, as well as smoothness in its ride across rough terrains. Equipped with a diameter of 10 inches and width of 3.15 inches of off-road tires, it was durable and resilient for diverse outdoor conditions. Improvements in safety include the development of an advanced braking system equipped with an E-brake and dual disc brakes for a precise and safe stop. It also comes with six bright lights to give riders better illumination of their nighttime rides. Additionally, the scooter would have a height-adjustable handlebar for various heights of riders and a removable seat for added comfort over long distances. Ausom is eyeing a dynamic change in off-road mobility by introducing the Leopard, an ultra-high performance capacity combined with eco-friendly operation, in the US market for active adventure seekers in search of excitement and outdoors.

ELECTRIC SCOOTER MARKET IN THE US SEGMENTATION

By Product Type

• • Foldable Electric Scooters
  • Standing Electric Scooters
  • Electric Kick Scooters
  • Electric Mopeds
  • Others

By Technology

• • Battery Technology
  • Motor Type
  • Connectivity and Smart Features
  • Material And Design
  • Others

By End User

• • Daily Commuters
  • Tourists and Visitors
  • Recreational Users
  • Others

ELECTRIC SCOOTER MARKET IN THE US COMPANIES PROFILED

• Bird
• Lime
• Spin (acquired by Ford Mobility)
• Razor
• Segway-Ninebot
• Gotcha
• Superpedestrian (LINK)
• Lyft
• Uber
• Swagtron

ELECTRIC SCOOTER MARKET IN THE US REPORT WILL ANSWER THE FOLLOWING QUESTIONS

1. What are the key factors that drive the tremendous growth of the global electric scooter market?
2. How do electric scooters solve last-mile problems in cities?
3. What role do electric scooter sharing services play in market expansion and consumer adoption across major cities worldwide?
4. What are some of the key regulatory challenges that exist in different cities for the electric scooter market, and how have they been impacting growth and operational strategies? 
5.  How big is the electric scooter industry currently at a global level, and how has this changed in the previous years?
6. What might be the average B2B price point for those in shared mobility services with electric scooters, and what influence might scooter specifications, volume, and the conditions laid out in a contractual agreement with the scooter fleet operator have on that dynamic? 
7.  How has the advancement and improvement of battery technology, efficiency, and lightweight materials translated into electric scooter design and enhanced scooters' performance? 
8.  Who are the main competitors within the electric scooter marketplace, and what is their means of differentiation by features or specific service?
9. What are some of the reasons for enhanced adoption across diverse demographics, from commuters and students to tourists? State the environmental benefits that electric scooters add against traditional gasoline-powered vehicles and what concerns exist over their production, maintenance, and recycling sustainability.
10. How has the market of electric scooters provided new jobs for maintenance, operation, and fleet management system software development? How has this impacted the economy at local levels?
11. How is the investment by venture capital firms and technology companies driving the finance of innovation in scooter designs, better battery technology, and software platforms?