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Scooter Statistics 2024 By Income, Gross sales and Information

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Introduction

Scooter Statistics: Within the world automotive trade, scooters are probably the most outstanding automobiles designed with small engines powered by electrical or gasoline. Scooters are extra prevalent in each city space for extra prolonged distance protection. In each nation’s metropolitan metropolis, individuals are extra concerned with this trade as these scooters are cost-effective and embrace an environment friendly mode of transportation. Know-how has performed an influential position on this sector by recreating electrical scooters. Nonetheless, these scooter statistics encompass all present traits within the non-electric scooter market, together with a number of segmental analyses.

Editor’s Alternative

  • The anticipated income from the worldwide scooter market will attain round $34.48 billion.
  • The market’s annual development charge is promising, with a CAGR of three.78% from 2024 to 2028.
  • By 2028, the projected market quantity will cross above $39.99 billion.
  • As of 2023, the unit gross sales of the worldwide scooter market have accounted for 20.01 million bikes.
  • The typical worth of the scooter market in 2024 will attain as much as $1.64 Okay.
  • In 2024 India will generate the best income, leading to $9,782 million.
  • Within the first eight months of 2024, the gross sales of Indian scooters will hit 4 million items.
  • By 31st March 2023, one of many main gamers within the scooter market, Uber Applied sciences, had accounted for a worldwide income of 48.823 billion and had elevated by 28.73% from 2022.
  • In the US, the gas scooter market accounted for $37.07 billion in 2023 and is estimated to develop at a CAGR of 9.7% from 2023 to 2030.
  • Within the monetary yr 2023, nearly 5.19 million scooters had been offered out, a 26% development from final yr.

Basic Scooter Statistics

(Supply: media.zenfs.com)

  • By 2030, the worldwide scooter market will enhance to $111.7 billion, with a CAGR of 6.1% from 2023 to 2030.
  • Market leaders on this trade are Yadea Know-how Group Co. Ltd., Uber Applied sciences Inc., Ninebot Ltd., NEUTRON HOLDINGS, INC., Chook Rides, Inc., Spin, GOTRAX, and so forth.
  • In line with a report printed by Polaris Market Analysis in 2023, the scooter trade’s market valuation accounted for $68.52 billion, and the compound annual development charge will develop by 5.9% from 2024 to 2032.
  • In 2023, the mobility scooter market shall be $2.03 billion and attain $3.23 billion by 2030, with a development charge of 6.85% CAGR from 2024 to 2030.
  • The worldwide standard scooters and bikes market is ready to be valued at $ 1,37,145.2 million in 2023.

By Unit Gross sales

scooters-worldwide-unit-sales.

(Reference: statista.com)

  • As of 2023, the unit gross sales of the worldwide scooter market have accounted for 20.01 million bikes.
  • Moreover, in coming years, the unit gross sales of the market are supposed to reinforce, similar to in 2024 (20.9 million), 2025 (21.67 million), 2026 (21.72 million), 2027 (24.43 million), and 2028 (22.57 million).

By Nation

  • Unit gross sales of scooters in India shall be 5.67 million by the tip of 2028.
  • By the identical time, different international locations unit gross sales are Spain (38.58K), Portugal (8.28K), The USA (27.85K), Thailand (0.57 million), Indonesia (5.04 million), and Vietnam (1.25 million).

By Income

(15 Years of Analyses From 2014 to 2028)

scooters-worldwide-revenue

(Reference: statista.com)

  • The worldwide scooter market has generated income of as much as $32.37 billion in 2023; by the tip of 2024, market income will attain above $34.48 billion.
  • Within the coming years, income charges are going to extend, similar to in 2025 ($36.23 billion), 2026 ($37.55 billion), 2027 ($39.43 billion), and 2028 ($39.99 billion).

Income Comparability Statistics by Nations

  • In 2024 India will generate the best income, leading to $9.78 billion with a CAGR of 5.75% from 2024 to 2028.
  • Different high international locations anticipated income technology and CAGR within the above forecasted interval shall be China = $6.16 billion (1.66%), Indonesia = $5.85 billion (3.53%), Thailand = $1.43 billion (0.86%), and Vietnam = $1.28 billion (2.45%).

Standard Scooters and Bikes Market Statistics

  • The worldwide standard scooters and bikes market is ready to be valued at $ 1,37,145.2 million in 2023.
  • By the tip of 2033, the projected market valuation has reached $ 1,99,138 million.
  • In the meantime, the market’s development charge is meant to develop by 3.8% of CAGR from 2023 to 2033.
  • High international locations similar to India, Japan, and the US make a collective share of over 82.3%.
  • The market shares in 2023 based mostly on international locations are India (4%), Japan (9.9%), and the US (14.5%).
  • The dominant engine capability sort is 150 cc, with a market share of 21.7%, leading to $1 03,721 million by the tip of 2023.

Scooter Market Dimension Statistics

(11-year analyses from 2022 to 2032)

scooter-market-size-2022-to-2032-usd-billion

(Reference: precedenceresearch.com)

  • In 2023, the market dimension of scooters will account for $75.44 billion; by 2024, the market dimension will attain above $80.04 billion.
  • The expansion charge of the worldwide market will develop by 6.5% CAGR from 202 to 2032.
  • Moreover, in coming years, the market dimension goes to extend, adopted by 2025 ($85.01 billion), 2026 ($90.36 billion), 2027 ($96.15 billion), 2028 ($102.4 billion), 2029 ($109.15 billion), 2030 ($116.47 billion), 2031 ($124.39 billion), and 2032 ($132.97 billion).
  • The Asia Pacific area dominated the worldwide market with over 70% share.
  • Based mostly on the product sort, the common scooter section held the most important share, with greater than 72%.

United States Scooter Market Statistics

  • The whole income generated by the general scooter market within the U.S. shall be $153.10 million by 2024.
  • The market income is meant to develop to $172.30 million by the tip of 2028, with a development charge of three% from 2024 to 2028.
  • Within the nation, unit gross sales of scooters are additionally estimated to extend in coming years, adopted by 2024 (25.19K), 2025 (25.96K), 2026 (26.46K), 2027 (27.27K), and 2028 (27.85K).
  • The projected market quantity shall be $172.30 million by the tip of 2028.

Indian Scooter Market Gross sales Statistics

how-scooter-manufacturers-fared-in-november-2023.

(Reference: autocarindia.com)

  • Within the first eight months of 2024, the gross sales of Indian scooters will hit 4 million items.
  • As of November 2023, home market gross sales items and development charge are adopted by Indian scooter firms had been Honda Bike and Scooter India = 2, 20,034 (14%), TVS Motor Co. = 1, 27,879 (59%), Suzuki Bike India = 70,921 (14%), Hero MotoCorp = 46,216 (24%), India Yamaha Motor = 23,569 (14%), Bajaj Auto = 8,472 (153%), Ather Power = 7,794 (-3%), Piaggio Automobiles = 3,653 (31%), Okinawa Autotech = 483 (-90%), and Chetak Know-how = 98.

Child’s Scooter Market Statistics

  • As of 2023, the worldwide child’s scooter market valuation has secured $0.02 billion with a development charge of three%.
  • The market dimension of the child’s scooter is estimated to develop by 5.42% CAGR from 2022 to 2027, leading to $14.8 million by the tip of 2027.
  • The year-over-year development charge of the market has grown by 4.99% in 2023.
  • The North American area is estimated to develop at a CAGR of 33% throughout the forecasted interval.

Electrical Scooter Market Statistics

  • The market worth of world electrical scooters in 2023 will account for $76,335 million and attain above $94,536 million by the tip of 2024.
  • The hub drive motor sort will dominate the electrical scooter market with a share above 70%.
  • Alternatively, the belt chain sort section will develop at a CAGR of 11.2% from 2023 to 2030.
  • The electrical scooter market is assessed into business and private use based mostly on end-use. Within the above forecasted interval, the private use section will dominate by 60% world share within the e-scooter market.
  • The business section’s annual development shall be roughly 12.7% (2023- 2030).
  • The 48V is the fastest-growing class based mostly on voltage; nearly 70.4% of revenue was generated.
  • The quickest rising energy output section within the North American e-scooter market is 20KW to 100KW, with an annual development charge of 37.4% CAGR.

Scooter Web site Visitors Statistics

By Nation

(Supply: similarweb.com)

  • By December 2023, Germany had 35.68% of complete visitors on scooter-center.com, but it surely recorded a rise in complete web site guests by 12.81%.
  • Different international locations recorded the next contribution in complete visitors and guests share: Italy = 20.97% (+17.35%), Spain = 9.71% (+17.63%), France = 5.72% (-57.25%), and Belgium = 3.84% (+112.5%)
  • In the meantime, different international locations collectively made round 24.09% of the share of complete web site visitors.

 By Age Distribution

scooter-center-com-website-traffic-demographics

(Supply: similarweb.com)

  • In line with the Scooter Statistics by the demographic state, the best variety of customers noticed is between 45 and 54 years, leading to 20.9%.
  • There are 18.84% of scooter customers aged between 35 and 44 years.
  • 36% and 15.6% belong to 55 to 64 years and above 65 years, respectively.
  • 15% of customers aged between 25 and 34 years.
  • And 11.16% of customers are contributing from the age group of 18 years to 24 years.
  • Most customers share 80.48% and 19.52% of women and men, respectively.

By Channels For Advertising and Distribution

scooter-center-com-top-traffic-sources

(Reference: similarweb.com)

  • The best quantity of visitors for scooter-center.com is thru natural search that’s 44.06 p.c.
    21.91 p.c of visitors is direct and 20.6 p.c is paid search.
  • Moreover, the opposite sources of visitors for scooter-center.com embrace show search (10.5 p.c) Social (1.62%)) and Referral (1.31 p.c).
  • Based mostly on the charges of referral, YouTube holds the best share of 99.56 p.c and Fb (0.44%).

Conclusion

Eventually, petrol or anticipated scooters are nonetheless important within the world market. In recent times, the best income is meant to be generated by the Indian scooter market globally. As a consequence of scooter companies’ affordability and handy options, the general market has gained huge reputation amongst vacationers.

These scooter statistics embrace all doable present traits within the world market, similar to income share, utilization, sorts, web site visitors, and so forth. All of the above statistical evaluation will information you higher in understanding the current scooter market.

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