Scooter Statistics 2024 by Revenue, Sales and Facts

introduction

Scooter Statistics: In the global automobile industry, scooters are one of the most prominent vehicles designed with small engines powered by electricity or gasoline. Scooters are becoming more popular in all urban areas to enable them to cover longer distances. In big cities of all countries, people are participating more in this industry as scooters involve a cost-effective and efficient mode of transportation. Technology has played an influential role in this sector by reinventing electric scooters. Nevertheless, these scooter statistics consist of all the current trends in the Non-Electric Scooter market along with several segment-wise analysis.

Editor’s Choice

• The estimated revenue for the global scooter market is: 34.48 billion dollars.
• The annual growth rate of the market is promising. From 2024 to 2028, the CAGR is 3.78%.
• By 2028, the projected market size will surpass the above. 39.99 billion dollars.
• As of 2023, the sales volume of the global scooter market is 20.01 million motorcycles.
• Average price of scooter market It will reach up to $1.64K in 2024.
• India will generate the highest revenue by 2024 9,782 million dollars.
• In the first eight months of 2024, scooter sales in India will be 4 million.
• Until 31^castle In March 2023, Uber Technologies, one of the leaders in the scooter market, globally increased to $48.823 billion. 28.73% from 2022.
• In the United States, fuel scooters dominate the market. $37.07 billion in 2023 It is estimated to grow from . CAGR of 9.7% from 2023 to 2030.
• By fiscal year 2023, almost 5.19 million scooters were sold, a 26% increase over last year..

General Scooter Statistics

(Source: media.zenfs.com)

• By 2030, the global scooter market will grow to $111.7 billion, growing at a CAGR of 6.1% from 2023 to 2030.
• Market leaders in this industry include Yadea Technology Group Co. Ltd., Uber Technologies Inc., Ninebot Ltd., NEUTRON HOLDINGS, INC., Bird Rides, Inc., Spin, GOTRAX, etc.
• According to a report published by Polaris Market Research in 2023, the market value of the scooter industry is expected to be $68.52 billion, with a CAGR of 5.9% from 2024 to 2032.
• The mobility scooter market will reach USD 3.23 billion in 2030, from USD 2.03 billion in 2023, growing at a compound annual growth rate (CAGR) of 6.85% from 2024 to 2030.
• The global conventional scooters and motorcycles market is expected to grow to USD 1,3714.52 million in 2023.

Based on sales volume

(Reference: statista.com)

• As of 2023, sales volume in the global scooter market will reach 20.01 million motorcycles.
• In addition, future market sales volume is expected to increase to 2024 (20.9 million), 2025 (21.67 million), 2026 (21.72 million), 2027 (24.43 million), and 2028 (22.57 million). .

By country

• By the end of 2028, scooter sales in India will reach 5.67 million units.
• During the same period, sales by other countries were Spain (38.58 million), Portugal (8.28 million), the United States (27.85 million), Thailand (570,000), Indonesia (5.04 million), and Vietnam (1.25 million).

By revenue

(Analysis over 15 years from 2014 to 2028)

(Reference: statista.com)

• The global scooter market generated revenue of up to $32.37 billion in 2023. By the end of 2024, market revenue will exceed $34.48 billion.
• The rate of return will increase in the coming years: 2025 (USD 36.23 billion), 2026 (USD 37.55 billion), 2027 (USD 39.43 billion), and 2028 (USD 39.99 billion) .

Revenue comparison statistics by country

• India will generate the highest revenue in 2024, reaching USD 9.78 billion, at a compound annual growth rate (CAGR) of 5.75% from 2024 to 2028.
• Other top countries expected revenue generation and CAGR during the above forecast period are: China = USD 6.16 billion (1.66%), Indonesia = USD 5.85 billion (3.53%), Thailand = USD 1.43 billion (0.86%), Vietnam = $1.28 billion (2.45%). ).

Existing Scooters and Motorcycles Market Statistics

• The global conventional scooters and motorcycles market is expected to grow to USD 1,3714.52 million in 2023.
• By the end of 2033, the projected market value has reached $199.138 billion.
• Meanwhile, the market growth rate is expected to grow at a CAGR of 3.8% from 2023 to 2033.
• The total share of top countries such as India, Japan, and the United States is over 82.3%.
• The market share by country in 2023 is India (4%), Japan (9.9%), and the United States (14.5%).
• The dominant engine capacity type is 150cc, with a market share of 21.7%, reaching USD 1,037.21 billion by the end of 2023.

Scooter Market Size Statistics

(Analysis over 11 years from 2022 to 2032)

(Reference:princeresearch.com)

• By 2023, the scooter market size will reach $75.44 billion. By 2024, the market size will exceed $80.04 billion.
• The global market growth rate will grow at a CAGR of 6.5% from 202 to 2032.
• In addition, the market size will grow further in the future, reaching sales in 2025 (USD 85.01 billion), 2026 (USD 90.36 billion), 2027 (USD 96.15 billion), 2028 (USD 102.4 billion), and 2029 (USD 1,091 billion). 500 million dollars), and is expected to reach 116.47 billion dollars by 2030. ), 2031 (USD 124.39 billion), and 2032 (USD 132.97 billion).
• Asia Pacific dominated the global market with over 70% share.
• By product type, the general scooter segment had the largest share at over 72%.

US scooter market statistics

• The total revenue generated from the entire US scooter market will be $153.1 million by 2024.
• The market revenue is expected to grow to $172.3 million by the end of 2028, at a growth rate of 3% from 2024 to 2028.
• Scooter sales in Korea are expected to increase over the next few years, followed by 2024 (25.19 thousand), 2025 (25.96 thousand), 2026 (26.46 thousand), 2027 (27.27 thousand), and 2028 (27.85 thousand). It is expected to increase sequentially.
• The projected market size will be $172.3 million by the end of 2028.

India Scooter Market Sales Statistics

(Reference: autocarindia.com)

• In the first eight months of 2024, scooter sales in India will touch 4 million units.
• As of November 2023, the number of units sold and growth rate in the domestic market are as follows: Indian scooter companies Honda Motorcycle and Scooter India = 2,20,034 (14%), TVS Motor Co. = 1,27,879 (59%), Suzuki Motorcycle India =. 70,921 units (14%), Hero MotoCorp = 46,216 units (24%), Yamaha Motor India = 23,569 units (14%), Bajaj Auto = 8,472 units (153%), Ather Energy = 7,794 units (-3%), Piaggio Vehicles = 3,653 units (31 units) %), Okinawa Autotech = 483 (-90%), Chetak Technology = 98.

Children’s Scooter Market Statistics

• As of 2023, the global children’s scooter market value has reached $200 million with a growth rate of 3%.
• The children’s scooters market size is expected to grow at a CAGR of 5.42% from 2022 to 2027, reaching USD 14.8 million by the end of 2027.
• The market growth rate in 2023 grew by 4.99% compared to the previous year.
• North America is expected to grow at a CAGR of 33% during the forecast period.

Electric Scooter Market Statistics

• The global market value of electric scooters will account for $76.335 billion in 2023 and will surpass $94.536 billion by the end of 2024.
• Hub-driven motor types will dominate the electric scooter market with over 70% share.
• On the other hand, the belt and chain segment will grow at a compound annual growth rate (CAGR) of 11.2% from 2023 to 2030.
• Based on end use, the electric scooter market is segmented into commercial and personal use. During the above forecast period, the personal segment will hold a global share of 60% in the electric scooter market.
• The annual growth rate of the commercial sector will be approximately 12.7% (2023-2030).
• 48V is the fastest growing category based on voltage. Almost 70.4% of the income was generated.
• The fastest growing power output segment in the North American electric scooter market is 20KW to 100KW, with an annual growth rate of 37.4%.

Scooter Website Traffic Statistics

By country

(Source: likeweb.com)

• By December 2023, Germany accounted for 35.68% of Scooter-center.com’s total traffic, but a 12.81% increase in overall website visitors was recorded.
• Other countries contributed the following to total traffic and visitor share: Italy = 20.97% (+17.35%), Spain = 9.71% (+17.63%), France = 5.72% (-57.25%), Belgium = 3.84% (+ 112.5%)
• Meanwhile, other countries accounted for approximately 24.09% of total website traffic.

By age distribution

(Source: likeweb.com)

• Demographic scooter statistics by state show that the observed number of users is between 45 and 54 years old, with the highest at 20.9%.
• Scooter users aged between 35 and 44 account for 18.84%.
• 36% and 15.6% fall into the 55-64 and 65+ age groups, respectively.
• 15% of users aged 25-34.
• And 11.16% of users are contributing to the 18-24 years age group.
• The maximum number of users is 80.48% male and 19.52% female.

Through marketing and distribution channels

(Reference: likeweb.com)

• Scooter-center.com’s highest traffic volume is through organic search at 44.06%.
  21.91% of traffic is direct and 20.6% is paid search.
• Additionally, other traffic sources for Scooter-center.com include display search (10.5%), social (1.62%), and referrals (1.31%).
• In terms of recommendation rate, YouTube has the highest share at 99.56%, followed by Facebook (0.44%).

conclusion

Finally, gasoline or expected scooters are still significant in the global market. Globally, Indian scooter market is expected to generate highest revenue in recent years. Due to the affordability and convenient features of scooter services, the entire market has gained great popularity among tourists.

These scooter statistics include all the current trends available in the global market such as revenue share, usage, types, website traffic, etc. All the above statistical analysis will help you better understand the recent scooter market.

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