Scooter Market Size, Share & Trends Analysis Report By Segmentation, Market Insights & Forecasts, 2023 – 2033

 

The global Scooter market was valued at USD 69.51 billion in 2023 and expected to grow at a CAGR of 5.6% during the forecast period.

A scooter is a type of motorized vehicle that typically has a small frame, two wheels, and a handlebar for steering. It is often used for personal transportation, especially in urban areas, due to its compact size, easy maneuverability, and low cost compared to other motorized vehicles. Scooters can be powered by gasoline, electric batteries, or hybrid engines. Gasoline-powered scooters typically have a larger engine and higher top speed, while electric scooters are quieter, more environmentally friendly, and less expensive to operate

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Scooters come in various sizes, from small models designed for children to larger models for adults. They can also come in different styles, such as classic Vespa-style scooters, sporty models designed for higher speeds, and off-road scooters designed for rough terrain.

The global scooter market has experienced significant growth in recent years due to factors such as increasing urbanization, growing demand for cost-effective transportation options, and the rising popularity of eco-friendly vehicles. The market is expected to continue to grow at a steady rate over the next few years.

Electric scooters have emerged as a major trend in the global scooter market, with the growing popularity of eco-friendly transportation options and increasing investment in electric vehicle technology. The adoption of electric scooters is also driven by the rising awareness of the harmful effects of pollution on the environment and the need for sustainable transportation options.

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