The E-scooter sharing market is projected to grow steadily at a 19% value CAGR, during the forecast period 2022-2032. Earlier in 2021, this market was projected to have a global market valuation worth US$ 930 Mn and is expected to reach a sum of US$ 6302.2 Mn by 2032.
The detailed research report on the global E-scooter Sharing Market focuses on the macro as well as microeconomic factors that are helping its development. The report also concentrates on the regulatory framework that is shaping the future of the global market. Furthermore, the research report also makes not of the existing as well as prevailing pricing structure, emerging areas of applications, and imminent investment opportunities in the global market.
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Competitive Landscape
The global electric scooter sharing market share is highly consolidated, dominated by a few major market players who account for most of the market share. Leading market players are pursuing geographic expansion to capture untapped markets. Market share is also being augmented by mergers and acquisitions among key players.
- Bengaluru-based start-up Bounce has announced plans to launch its first electric scooter on 5 November 2021. Bounce is best known for its scooter rental service, but plans to expand into manufacturing this month. Rather than purchasing batteries as part of the scooter, Bounce will provide customers with the option of renting them. As a result, the scooters will be less expensive, while a recurring subscription fee will be added.
- In October 2021, Neuron Mobility of Singapore went into a partnership with Lime in order to offer e-scooters and e-bikes in Christchurch, New Zealand.
- To improve the user experience, Lime introduced three new features in April 2021; free 10-minute reservations, customizable display themes, and vehicle recommendations. Additionally, the company has developed app clips that allow users to ride without having to download the official application.
- In May 2020, Lime acquired the bike and scooter sharing business, Jump that belongs to Uber .
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Key Segments Covered in the E-scooter sharing market Report
- E-scooter sharing by type :
- Free-floating E-scooter sharing
- Station bound E-scooter sharing
- E-scooter sharing by distribution channel :
- Online E-scooter sharing
- Offline E-scooter sharing
- E-scooter sharing by Region :
- North American
- Europe
- Asia Pacific
- Middle East & Africa
- Central and South America
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