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Electric Scooters Market Outlook for North America

The electric scooters and bike market in North America generated revenue of $164.7 million in 2020 and it is predicted to reach a valuation of $590.4 million by 2025. According to the forecast of the market research company, P&S Intelligence, the market will progress at a CAGR of 25.1

The electric scooters and bike market in North America generated revenue of $164.7 million in 2020 and it is predicted to reach a valuation of $590.4 million by 2025. According to the forecast of the market research company, P&S Intelligence, the market will progress at a CAGR of 25.1

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North America Electric Scooters and Bikes Market

Size, Trends, Company Profiles, Growth Rate,

Trends and its Emerging Opportunities

©P&SIntelligence.Allrightsreserved

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The electric scooters and bike market in North America generated revenue of $164.7

million in 2020 and it is predicted to reach a valuation of $590.4 million by 2025. According

to the forecast of the market research company, P&S Intelligence, the market will progress at

a CAGR of 25.1% between 2021 and 2025. The growing popularity of electric scooter sharing

fleets and the rising provision of tax credits on their adoption are the major factors driving the

market advancement.

As electric scooters and motorcycles contain fewer moving and vibrating parts, their

maintenance requirements are very low. This massively reduces the demand for periodic

maintenance and servicing that usually cost the owners of the conventionally used fossil fuelpowered

vehicles a huge amount. Moreover, due to their lower maintenance requirements than

traditional vehicles, they are increasingly being adopted by people who don’t have the time

required for routine vehicle maintenance and servicing.

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Apart from the aforementioned factor, the provision of federal tax credits and other financial

assistance regarding the purchase of electric scooters and motorcycles by the governments of

several North American countries is also fueling the expansion of the North American electric

scooters and motorcycles market. Depending on type, the market is divided into motorcycle,

scooter, and kick scooter. Out of these, the electric motorcycle category is predicted to exhibit

the fastest growth in the market in the upcoming years.

Additionally, the growing popularity of electric vehicles, due to the soaring environmental

concerns and the mushrooming diesel and gasoline prices, is also propelling the advancement

of the market in the country. One of the major trends currently being witnessed in the market

is the rapid developments and advancements being made in the battery technology in order to

increase the capacity of the batteries for meeting the requirements for a longer driving range

and reduce their prices.

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Hence, it is safe to say that the market will demonstrate rapid expansion in the coming years,

mainly because of the rising public preference for eco-friendly vehicles and the increasing

implementation of favorable government policies regarding the adoption of electric vehicles

in the region.

Market Segmentation by Type

• Motorcycle

• Scooter

• Kick Scooter

Market Segmentation by Battery Capacity

• <5 kWh


• 5–10 kWh

• 10–15 kWh

• >15 kWh

Market Segmentation by Battery

• Lead Acid

• Lithium-Ion

Market Segmentation by Application

• Sharing Services

• Food and Grocery

• Personal Users

Market Segmentation by Country

• U.S. Electric Scooters and Motorcycles Market

o By type

o By battery capacity

o By battery

o By application

• Canada Electric Scooters and Motorcycles Market

o By type

o By battery capacity

o By battery

o By application

Report Coverage:

• Historical and the present size of the North America Electric Scooters and Motorcycles

Market

• Major factors driving the market and their impact during the short, medium, and long

terms

• Market restraints and their impact during the short, medium, and long terms

• Recent trends and evolving opportunities for the market participants

• Historical and the present size of the market segments and understand their

comparative future potential

• Potential of on-demand logistics services, so the market players make informed

decisions on the sales of their offerings

• Competitive scenario of various market segments across key countries in several

regions for uncovering market opportunities for the stakeholders

• Major players operating in the market and their service offerings

• Recent strategic developments by the major players in the market

About P&S Intelligence

P&S Intelligence is a provider of market research and consulting services catering to

the market information needs of burgeoning industries across the world. Providing the


plinth of market intelligence, P&S as an enterprising research and consulting company,

believes in providing thorough landscape analyses on the ever-changing market

scenario, to empower companies to make informed decisions and base their business

strategies with astuteness.

©P&SIntelligence.Allrightsreserved 3


Disclaimer:

P&S Intelligence always keeps its customers’ interests at the core while carrying out

research activities. P&S Intelligence ensures the reliability and accuracy of information

and data provided in its market research publications. However, the information in

publications is subject to fluctuations, as it is based on primary interviews of officials

from various companies or organizations. P&S Intelligence is not responsible for any

incorrect data provided by the key industry players of the concerned domain. The

information or analysis in P&S Intelligence publications represents opinions based on

research and should not be interpreted as statements of fact. Information in this report

was believed to be correct at the time of publication, but cannot be guaranteed. P&S

Intelligence does not endorse any product, service, or vendor depicted in its research

publications.

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