Product Code: PM1360
The global Electric Transporters market size is expected to reach USD 113.98 billion by 2032, according to a new study by Polaris Market Research. The report "Electric Transporters Market By Vehicle Type (Electric Scooter, Electric Bike, Electric Skateboards); By Battery Types; By Voltage; By Region, Segments & Forecast, 2023- 2032" gives a detailed insight into current market dynamics and provides analysis on future market growth.
Electric transporters are compact and efficient vehicles designed for short-distance transportation. They've become increasingly popular due to their eco-friendly nature, ease of use, and versatility in urban environments. Electric transporters come in various forms, including electric scooters, bikes, skateboards, and hoverboards, and are powered by rechargeable lithium-ion batteries. This offers zero-emission transportation and reduces the carbon footprint compared to traditional gasoline-powered vehicles. These vehicles are often lightweight and compact, making them ideal for navigating congested city streets and narrow pathways.
One of the key advantages of electric transporters is their ease of use and maneuverability. They usually feature intuitive controls, such as handlebars or handheld remotes, allowing riders to quickly learn and operate the vehicle. Electric scooters and bikes often have adjustable speed settings and regenerative braking systems, enhancing user safety and control.
Electric transporters provide a practical solution for short-distance commuting and leisure activities. They're commonly used for short trips to work, school, or nearby destinations, offering a convenient and efficient alternative to cars or public transportation. Electric bikes, in particular, offer an opportunity for active commuting, combining the benefits of exercise with eco-friendly vehicles.
Furthermore, electric transporters reduce traffic congestion and improve air quality in urban areas. By providing a sustainable mode of transportation, they offer a viable solution to the last-mile transportation challenge by efficiently connecting public transit stops to final destinations.
Electric scooters are the most popular segment among the two wheeled motorized vehicles. These are similar to the gasoline powered products except that these are powered by battery power. Electric scooters offer efficiency gains and these local tailpipe emissions and are virtually silent, air and noise pollution reductions. These E-vehicles use batteries of different chemistries. The most common being nickel metal anhydride and lead acid. The low cost versions of these vehicles mostly use Valve Regulated Lead Acid (VRLA) batteries.
Electric Transporters Market Report Highlights
Electric scooter is expected to grow significantly during the forecast period due to cost-effective and require minimal maintenance.
48V segment is anticipated to witness substantial growth in the upcoming year due to high - voltage batteries, high performance and hybridization opportunities.
The demand in North America is expected to witness significant growth during forecast period due to high disposable income, rising urbanization, and emphasis on sustainable transportation.
The global players include: Airwheel Holding Ltd., Jiangsu Xinri E-Vehicle Co., Ltd., Honda Motor Co. Ltd., Hama GmbH & Co KG, Razor US LLC, Ninebot Inc., Kiwano, BOXX Corporation, BMW Motorrad International, and AllCell Technologies LLC.
Polaris Market Research has segmented the Electric Transporters market report based on vehicle type, battery type, voltage and region:
Electric Transporters, Vehicle Type Outlook (Revenue - USD Billion, 2019 - 2032)
- Electric Scooter
- Retro
- Standing/ Self-Balancing
- Folding
- Electric Bike
- Electric Skateboards
Electric Transporters, Battery Types Outlook (Revenue - USD Billion, 2019 - 2032)
- Sealed Lead Acid
- NiMH
- Li-Ion
Electric Transporters, Voltage Outlook (Revenue - USD Billion, 2019 - 2032)
- 24V
- 36V
- 48V
- Greater than 48V
Electric Transporters, Regional Outlook (Revenue - USD Billion, 2019 - 2032)
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Netherlands
- Asia Pacific
- China
- India
- Japan
- South Korea
- Indonesia
- Malaysia
- Latin America
- Argentina
- Brazil
- Mexico
- Middle East & Africa
- UAE
- Saudi Arabia
- Israel
- South Africa
Table of Contents
1. Introduction
- 1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
- 1.2. Stakeholders
2. Executive Summary
3. Research Methodology
- 3.1. Overview
- 3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources
4. Global Electric Transporters Market Insights
- 4.1. Electric Transporters Market - Voltage Snapshot
- 4.2. Electric Transporters Market Dynamics
- 4.2.1. Drivers and Opportunities
- 4.2.1.1. Increasing environmental consciousness
- 4.2.1.2. Advancements in Battery Technology
- 4.2.2. Restraints and Challenges
- 4.2.2.1. Limited range and battery life
- 4.3. Porter's Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
- 4.4. PESTEL Analysis
- 4.5. Electric Transporters Market Voltage Trends
- 4.6. Value Chain Analysis
- 4.7. COVID-19 Impact Analysis
5. Global Electric Transporters Market, by Vehicle Type
- 5.1. Key Findings
- 5.2. Introduction
- 5.2.1. Global Electric Transporters Market, byVehicle Type, 2019-2032 (USD Billion)
- 5.3. Electric Scooter
- 5.3.1. Global Electric Transporters Market, by Electric Scooter, by Region, 2019-2032 (USD Billion)
- 5.4. Retro
- 5.4.1. Global Electric Transporters Market, by Retro, by Region, 2019-2032 (USD Billion)
- 5.5. Standing/ Self-Balancing
- 5.5.1. Global Electric Transporters Market, by Standing/ Self-Balancing, by Region, 2019-2032 (USD Billion)
- 5.6. Folding
- 5.6.1. Global Electric Transporters Market, by Folding, by Region, 2019-2032 (USD Billion)
- 5.7. Electric Bike
- 5.7.1. Global Electric Transporters Market, by Electric Bike, by Region, 2019-2032 (USD Billion)
- 5.8. Electric Skateboards
- 5.8.1. Global Electric Transporters Market, by Electric Skateboards, by Region, 2019-2032 (USD Billion)
6. Global Electric Transporters Market, by Battery Types
- 6.1. Key Findings
- 6.2. Introduction
- 6.2.1. Global Electric Transporters Market, by Battery Types, 2019-2032 (USD Billion)
- 6.3. Sealed Lead Acid
- 6.3.1. Global Electric Transporters Market, by Sealed Lead Acid, by Region, 2019-2032 (USD Billion)
- 6.4. NiMH
- 6.4.1. Global Electric Transporters Market, by NiMH, by Region, 2019-2032 (USD Billion)
- 6.5. Li-Ion
- 6.5.1. Global Electric Transporters Market, by Li-Ion, by Region, 2019-2032 (USD Billion)
7. Global Electric Transporters Market, by Voltage
- 7.1. Key Findings
- 7.2. Introduction
- 7.2.1. Global Electric Transporters Market, by Voltage, 2019-2032 (USD Billion)
- 7.3. 24V
- 7.3.1. Global Electric Transporters Market, by 24V, By Region, 2019-2032 (USD Billion)
- 7.3.2. 36V
- 7.3.2.1. Global Electric Transporters Market, by 36V, By Region, 2019-2032 (USD Billion)
- 7.3.3. 48V
- 7.3.3.1. Global Electric Transporters Market, by 48V, By Region, 2019-2032 (USD Billion)
- 7.3.4. Greater than 48V
- 7.3.4.1. Global Electric Transporters Market, by Greater than 48V, By Region, 2019-2032 (USD Billion)
8. Global Electric Transporters Market, by Geography
- 8.1. Key findings
- 8.2. Introduction
- 8.2.1. Electric Transporters Market Assessment, By Geography, 2019-2032 (USD Billion)
- 8.3. Electric Transporters Market - North America
- 8.3.1. North America: Electric Transporters Market, byVehicle Type, 2019-2032 (USD Billion)
- 8.3.2. North America: Electric Transporters Market, by Voltage, 2019-2032 (USD Billion)
- 8.3.3. North America: Electric Transporters Market, by Battery Types, 2019-2032 (USD Billion)
- 8.3.4. Electric Transporters Market - U.S.
- 8.3.4.1. U.S.: Electric Transporters Market, byVehicle Type, 2019-2032 (USD Billion)
- 8.3.4.2. U.S.: Electric Transporters Market, by Voltage, 2019-2032 (USD Billion)
- 8.3.4.3. U.S.: Electric Transporters Market, by Battery Types, 2019-2032 (USD Billion)
- 8.3.5. Electric Transporters Market - Canada
- 8.3.5.1. Canada: Electric Transporters Market, byVehicle Type, 2019-2032 (USD Billion)
- 8.3.5.2. Canada.: Electric Transporters Market, by Voltage, 2019-2032 (USD Billion)
- 8.3.5.3. Canada: Electric Transporters Market, by Battery Types, 2019-2032 (USD Billion)
- 8.4. Electric Transporters Market - Europe
- 8.4.1. Europe: Electric Transporters Market, byVehicle Type, 2019-2032 (USD Billion)
- 8.4.2. Europe.: Electric Transporters Market, by Voltage, 2019-2032 (USD Billion)
- 8.4.3. Europe: Electric Transporters Market, by Battery Types, 2019-2032 (USD Billion)
- 8.4.4. Electric Transporters Market - UK
- 8.4.4.1. UK: Electric Transporters Market, byVehicle Type, 2019-2032 (USD Billion)
- 8.4.4.2. UK.: Electric Transporters Market, by Voltage, 2019-2032 (USD Billion)
- 8.4.4.3. UK: Electric Transporters Market, by Battery Types, 2019-2032 (USD Billion)
- 8.4.5. Electric Transporters Market - France
- 8.4.5.1. France: Electric Transporters Market, byVehicle Type, 2019-2032 (USD Billion)
- 8.4.5.2. France.: Electric Transporters Market, by Voltage, 2019-2032 (USD Billion)
- 8.4.5.3. France: Electric Transporters Market, by Battery Types, 2019-2032 (USD Billion)
- 8.4.6. Electric Transporters Market - Germany
- 8.4.6.1. Germany: Electric Transporters Market, byVehicle Type, 2019-2032 (USD Billion)
- 8.4.6.2. Germany.: Electric Transporters Market, by Voltage, 2019-2032 (USD Billion)
- 8.4.6.3. Germany: Electric Transporters Market, by Battery Types, 2019-2032 (USD Billion)
- 8.4.7. Electric Transporters Market - Italy
- 8.4.7.1. Italy: Electric Transporters Market, byVehicle Type, 2019-2032 (USD Billion)
- 8.4.7.2. Italy.: Electric Transporters Market, by Voltage, 2019-2032 (USD Billion)
- 8.4.7.3. Italy: Electric Transporters Market, by Battery Types, 2019-2032 (USD Billion)
- 8.4.8. Electric Transporters Market - Spain
- 8.4.8.1. Spain: Electric Transporters Market, byVehicle Type, 2019-2032 (USD Billion)
- 8.4.8.2. Spain.: Electric Transporters Market, by Voltage, 2019-2032 (USD Billion)
- 8.4.8.3. Spain: Electric Transporters Market, by Battery Types, 2019-2032 (USD Billion)
- 8.4.9. Electric Transporters Market - Netherlands
- 8.4.9.1. Netherlands: Electric Transporters Market, byVehicle Type, 2019-2032 (USD Billion)
- 8.4.9.2. Netherlands.: Electric Transporters Market, by Voltage, 2019-2032 (USD Billion)
- 8.4.9.3. Netherlands: Electric Transporters Market, by Battery Types, 2019-2032 (USD Billion)
- 8.4.10. Electric Transporters Market - Russia
- 8.4.10.1. Russia: Electric Transporters Market, byVehicle Type, 2019-2032 (USD Billion)
- 8.4.10.2. Russia.: Electric Transporters Market, by Voltage, 2019-2032 (USD Billion)
- 8.4.10.3. Russia: Electric Transporters Market, by Battery Types, 2019-2032 (USD Billion)
- 8.5. Electric Transporters Market - Asia Pacific
- 8.5.1. Asia Pacific: Electric Transporters Market, byVehicle Type, 2019-2032 (USD Billion)
- 8.5.2. Asia Pacific.: Electric Transporters Market, by Voltage, 2019-2032 (USD Billion)
- 8.5.3. Asia Pacific: Electric Transporters Market, by Battery Types, 2019-2032 (USD Billion)
- 8.5.4. Electric Transporters Market - China
- 8.5.4.1. China: Electric Transporters Market, byVehicle Type, 2019-2032 (USD Billion)
- 8.5.4.2. China.: Electric Transporters Market, by Voltage, 2019-2032 (USD Billion)
- 8.5.4.3. China: Electric Transporters Market, by Battery Types, 2019-2032 (USD Billion)
- 8.5.5. Electric Transporters Market - India
- 8.5.5.1. India: Electric Transporters Market, byVehicle Type, 2019-2032 (USD Billion)
- 8.5.5.2. India.: Electric Transporters Market, by Voltage, 2019-2032 (USD Billion)
- 8.5.5.3. India: Electric Transporters Market, by Battery Types, 2019-2032 (USD Billion)
- 8.5.6. Electric Transporters Market - Malaysia
- 8.5.6.1. Malaysia: Electric Transporters Market, byVehicle Type, 2019-2032 (USD Billion)
- 8.5.6.2. Malaysia.: Electric Transporters Market, by Voltage, 2019-2032 (USD Billion)
- 8.5.6.3. Malaysia: Electric Transporters Market, by Battery Types, 2019-2032 (USD Billion)
- 8.5.7. Electric Transporters Market - Japan
- 8.5.7.1. Japan: Electric Transporters Market, byVehicle Type, 2019-2032 (USD Billion)
- 8.5.7.2. Japan.: Electric Transporters Market, by Voltage, 2019-2032 (USD Billion)
- 8.5.7.3. Japan: Electric Transporters Market, by Battery Types, 2019-2032 (USD Billion)
- 8.5.8. Electric Transporters Market - Indonesia
- 8.5.8.1. Indonesia: Electric Transporters Market, byVehicle Type, 2019-2032 (USD Billion)
- 8.5.8.2. Indonesia.: Electric Transporters Market, by Voltage, 2019-2032 (USD Billion)
- 8.5.8.3. Indonesia: Electric Transporters Market, by Battery Types, 2019-2032 (USD Billion)
- 8.5.9. Electric Transporters Market - South Korea
- 8.5.9.1. South Korea: Electric Transporters Market, byVehicle Type, 2019-2032 (USD Billion)
- 8.5.9.2. South Korea.: Electric Transporters Market, by Voltage, 2019-2032 (USD Billion)
- 8.5.9.3. South Korea: Electric Transporters Market, by Battery Types, 2019-2032 (USD Billion)
- 8.6. Electric Transporters Market - Middle East & Africa
- 8.6.1. Middle East & Africa: Electric Transporters Market, byVehicle Type, 2019-2032 (USD Billion)
- 8.6.2. Middle East & Africa.: Electric Transporters Market, by Voltage, 2019-2032 (USD Billion)
- 8.6.3. Middle East & Africa: Electric Transporters Market, by Battery Types, 2019-2032 (USD Billion)
- 8.6.4. Electric Transporters Market - Saudi Arabia
- 8.6.4.1. Saudi Arabia: Electric Transporters Market, byVehicle Type, 2019-2032 (USD Billion)
- 8.6.4.2. Saudi Arabia.: Electric Transporters Market, by Voltage, 2019-2032 (USD Billion)
- 8.6.4.3. Saudi Arabia: Electric Transporters Market, by Battery Types, 2019-2032 (USD Billion)
- 8.6.5. Electric Transporters Market - UAE
- 8.6.5.1. UAE: Electric Transporters Market, byVehicle Type, 2019-2032 (USD Billion)
- 8.6.5.2. UAE.: Electric Transporters Market, by Voltage, 2019-2032 (USD Billion)
- 8.6.5.3. UAE: Electric Transporters Market, by Battery Types, 2019-2032 (USD Billion)
- 8.6.6. Electric Transporters Market - Israel
- 8.6.6.1. Israel: Electric Transporters Market, byVehicle Type, 2019-2032 (USD Billion)
- 8.6.6.2. Israel.: Electric Transporters Market, by Voltage, 2019-2032 (USD Billion)
- 8.6.6.3. Israel: Electric Transporters Market, by Battery Types, 2019-2032 (USD Billion)
- 8.6.7. Electric Transporters Market - South Africa
- 8.6.7.1. South Africa: Electric Transporters Market, byVehicle Type, 2019-2032 (USD Billion)
- 8.6.7.2. South Africa.: Electric Transporters Market, by Voltage, 2019-2032 (USD Billion)
- 8.6.7.3. South Africa: Electric Transporters Market, by Battery Types, 2019-2032 (USD Billion)
- 8.7. Electric Transporters Market - Latin America
- 8.7.1. Latin America: Electric Transporters Market, byVehicle Type, 2019-2032 (USD Billion)
- 8.7.2. Latin America.: Electric Transporters Market, by Voltage, 2019-2032 (USD Billion)
- 8.7.3. Latin America: Electric Transporters Market, by Battery Types, 2019-2032 (USD Billion)
- 8.7.4. Electric Transporters Market - Mexico
- 8.7.4.1. Mexico: Electric Transporters Market, byVehicle Type, 2019-2032 (USD Billion)
- 8.7.4.2. Mexico.: Electric Transporters Market, by Voltage, 2019-2032 (USD Billion)
- 8.7.4.3. Mexico: Electric Transporters Market, by Battery Types, 2019-2032 (USD Billion)
- 8.7.5. Electric Transporters Market - Brazil
- 8.7.5.1. Brazil: Electric Transporters Market, byVehicle Type, 2019-2032 (USD Billion)
- 8.7.5.2. Brazil.: Electric Transporters Market, by Voltage, 2019-2032 (USD Billion)
- 8.7.5.3. Brazil: Electric Transporters Market, by Battery Types, 2019-2032 (USD Billion)
- 8.7.6. Electric Transporters Market - Argentina
- 8.7.6.1. Argentina: Electric Transporters Market, byVehicle Type, 2019-2032 (USD Billion)
- 8.7.6.2. Argentina.: Electric Transporters Market, by Voltage, 2019-2032 (USD Billion)
- 8.7.6.3. Argentina: Electric Transporters Market, by Battery Types, 2019-2032 (USD Billion)
9. Competitive Landscape
- 9.1. Expansion and Acquisition Analysis
- 9.1.1. Expansion
- 9.1.2. Acquisitions
- 9.2. Partnerships/Collaborations/Agreements/Exhibitions
10. Company Profiles
- 10.1. Airwheel Holding Ltd
- 10.1.1. Company Overview
- 10.1.2. Financial Performance
- 10.1.3. Product Benchmarking
- 10.1.4. Recent Development
- 10.2. Jiangsu Xinri E-Vehicle Co., Ltd
- 10.2.1. Company Overview
- 10.2.2. Financial Performance
- 10.2.3. Product Benchmarking
- 10.2.4. Recent Development
- 10.3. Honda Motor Co. Ltd
- 10.3.1. Company Overview
- 10.3.2. Financial Performance
- 10.3.3. Product Benchmarking
- 10.3.4. Recent Development
- 10.4. Hama GmbH & Co KG
- 10.4.1. Company Overview
- 10.4.2. Financial Performance
- 10.4.3. Product Benchmarking
- 10.4.4. Recent Development
- 10.5. Razor US LLC
- 10.5.1. Company Overview
- 10.5.2. Financial Performance
- 10.5.3. Product Benchmarking
- 10.5.4. Recent Development
- 10.6. Ninebot Inc
- 10.6.1. Company Overview
- 10.6.2. Financial Performance
- 10.6.3. Product Benchmarking
- 10.6.4. Recent Development
- 10.7. Kiwano
- 10.7.1. Company Overview
- 10.7.2. Financial Performance
- 10.7.3. Product Benchmarking
- 10.7.4. Recent Development
- 10.8. BOXX Corporation
- 10.8.1. Company Overview
- 10.8.2. Financial Performance
- 10.8.3. Product Benchmarking
- 10.8.4. Recent Development
- 10.9. BMW Motorrad International
- 10.9.1. Company Overview
- 10.9.2. Financial Performance
- 10.9.3. Product Benchmarking
- 10.9.4. Recent Development
- 10.10. AllCell Technologies LLC
- 10.10.1. Company Overview
- 10.10.2. Financial Performance
- 10.10.3. Product Benchmarking
- 10.10.4. Recent Development