The global Electric Transporters Market Study analyzes and forecasts the market size across 6 regions and 24 countries for diverse segments -By Vehicle (Electric Scooter, -Retro, -Standing/Self-Balancing, -Folding, Electric Bike, Electric Skateboards), By Battery (Sealed Lead Acid, NiMH, Li-Ion), By Voltage (24V, 36V, 48V, Greater Than 48V).
The electric transporters market is witnessing rapid growth, fueled by the shift towards sustainable transportation and the rising adoption of electric vehicles (EVs) in both personal and commercial segments. Electric transporters, which include electric scooters, bikes, and small EVs for last-mile delivery, are gaining popularity due to their cost-effectiveness, environmental benefits, and convenience in urban areas. The growing demand for eco-friendly and energy-efficient mobility solutions, along with government incentives for electric vehicles, is significantly contributing to the market expansion. Moreover, advancements in battery technology, improved charging infrastructure, and increased range are driving the mass adoption of electric transporters. The rise of e-commerce and the need for efficient delivery solutions are further accelerating the demand for electric transporters, particularly in congested urban environments.
The market report analyses the leading companies in the industry including Airwheel Holding Ltd, AllCell Technologies LLC, BMW Motorrad International, BOXX Corp, Hama GmbH & Co KG, Honda Motor Co. Ltd, Jiangsu Xinri E-Vehicle Co. Ltd, Kiwano, Ninebot Inc, Razor USA LLC, and others.
A prominent trend in the electric transporters market is the shift toward sustainable and eco-friendly transport solutions. With growing awareness of climate change and the environmental impacts of traditional fossil fuel-based transportation, consumers and businesses are increasingly seeking electric transport options. This trend is reflected in the rise of electric delivery vans, trucks, and scooters, which are being adopted for last-mile delivery services and urban mobility. Additionally, governments worldwide are implementing stringent emissions regulations and offering incentives for electric vehicle (EV) adoption, further fueling the growth of electric transporters. This transition not only helps reduce greenhouse gas emissions but also promotes cleaner air quality in urban areas, making electric transporters an attractive choice for both consumers and businesses.
The electric transporters market is significantly driven by the increasing demand for last-mile delivery solutions, particularly in the e-commerce sector. The rapid growth of online shopping has created a need for efficient and sustainable delivery methods to meet consumer expectations for fast shipping. Electric transporters, such as vans and scooters, offer the agility and flexibility required for navigating urban environments while reducing operational costs associated with fuel and maintenance. Companies are investing in electric delivery fleets to enhance their logistics capabilities, improve delivery efficiency, and reduce their carbon footprints. As e-commerce continues to expand, the demand for electric transporters to fulfill last-mile delivery requirements is expected to rise, presenting significant growth opportunities for manufacturers.
A significant opportunity in the electric transporters market lies in the expansion of electric vehicles within public transportation systems. Cities around the world are increasingly investing in electric buses, trams, and shuttles as part of their efforts to create sustainable urban mobility solutions. The transition to electric public transport not only reduces emissions but also helps alleviate traffic congestion and enhance air quality in densely populated areas. As municipalities seek to modernize their transit systems and meet environmental targets, there is a growing demand for electric transport solutions that cater to public transit needs. By developing electric transporters specifically designed for public transportation, companies can tap into this expanding market segment and contribute to the global shift toward greener public transport solutions.
In the electric transporters market, the electric scooter segment stands out as the largest category, primarily due to its widespread adoption and versatility in urban mobility solutions. Electric scooters have gained immense popularity as a convenient, efficient, and eco-friendly mode of transportation, particularly in densely populated cities where traffic congestion and parking challenges are prevalent. Their lightweight design and ease of use make them accessible to a broad demographic, from commuters looking for a quick way to navigate short distances to recreational users seeking fun and efficient alternatives to traditional transportation. The growth of shared electric scooter services has further propelled this segment, as these platforms provide users with on-demand access to scooters without the need for ownership, making them an attractive option for many. Additionally, the emphasis on sustainability and reducing carbon footprints has driven consumers and municipalities alike to invest in electric scooters, as they offer a cleaner alternative to gasoline-powered vehicles. With ongoing advancements in battery technology and infrastructure development for charging stations, the electric scooter segment is well-positioned to maintain its dominance in the electric transporters market, reflecting its critical role in transforming urban mobility.
The lithium-ion (Li-Ion) battery segment is the fastest-growing category in the electric transporters market, driven by its superior performance characteristics and increasing demand for longer-range, lightweight, and energy-efficient electric vehicles. Li-Ion batteries are renowned for their high energy density, longer life cycle, and faster charging capabilities compared to traditional battery technologies like sealed lead acid and nickel-metal hydride (NiMH). As consumers seek electric scooters, bikes, and other transporters that can cover greater distances on a single charge, the adoption of Li-Ion batteries has surged, making them the preferred choice for manufacturers. Moreover, the ongoing advancements in battery technology, including innovations in battery management systems and thermal management, have further enhanced the safety and efficiency of Li-Ion batteries, addressing previous concerns over their use in electric vehicles. The decline in costs associated with Li-Ion battery production, fueled by economies of scale and improvements in manufacturing processes, has also contributed to their rapid growth, making electric transporters more accessible to a broader audience. As the focus on sustainability and renewable energy continues to rise, the Li-Ion battery segment is well-positioned for significant expansion, reflecting the broader shift towards electrification in personal and shared transportation solutions.
In the electric transporters market, the 48V segment emerges as the largest category, primarily due to its optimal balance of performance, efficiency, and versatility for a wide range of applications, including electric scooters, bikes, and other personal transporters. The 48V voltage system is particularly favored for its ability to provide sufficient power for efficient acceleration and hill-climbing capabilities while still maintaining a manageable weight and size for the battery. This voltage level allows for the integration of powerful motors without significantly increasing the overall vehicle weight, making it ideal for urban commuting and recreational use. Additionally, 48V systems are often more energy-efficient than their lower-voltage counterparts, which translates to longer ranges and enhanced battery life—key factors for consumers looking for practical and reliable electric transport solutions. The growing trend toward electric mobility and the increasing number of manufacturers developing 48V electric transporters further solidify this segment's dominance in the market. Furthermore, as regulations and consumer preferences continue to shift toward more sustainable and efficient transportation options, the 48V segment is well-positioned to cater to a diverse range of users, solidifying its status as the largest segment in the electric transporters market.
By Vehicle
Electric Scooter
-Retro
-Standing/Self-Balancing
-Folding
Electric Bike
Electric Skateboards
By Battery
Sealed Lead Acid
NiMH
Li-Ion
By Voltage
24V
36V
48V
Greater Than 48V
Countries Analyzed
North America (US, Canada, Mexico)
Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe)
Asia Pacific (China, India, Japan, South Korea, Australia, South East Asia, Rest of Asia)
South America (Brazil, Argentina, Rest of South America)
Middle East and Africa (Saudi Arabia, UAE, Rest of Middle East, South Africa, Egypt, Rest of Africa)
Airwheel Holding Ltd
AllCell Technologies LLC
BMW Motorrad International
BOXX Corp
Hama GmbH & Co KG
Honda Motor Co. Ltd
Jiangsu Xinri E-Vehicle Co. Ltd
Kiwano
Ninebot Inc
Razor USA LLC
*- List Not Exhaustive
TABLE OF CONTENTS
1 Introduction to 2024 Electric Transporters Market
1.1 Market Overview
1.2 Quick Facts
1.3 Scope/Objective of the Study
1.4 Market Definition
1.5 Countries and Regions Covered
1.6 Units, Currency, and Conversions
1.7 Industry Value Chain
2 Research Methodology
2.1 Market Size Estimation
2.2 Sources and Research Methodology
2.3 Data Triangulation
2.4 Assumptions and Limitations
3 Executive Summary
3.1 Global Electric Transporters Market Size Outlook, $ Million, 2021 to 2032
3.2 Electric Transporters Market Outlook by Type, $ Million, 2021 to 2032
3.3 Electric Transporters Market Outlook by Product, $ Million, 2021 to 2032
3.4 Electric Transporters Market Outlook by Application, $ Million, 2021 to 2032
3.5 Electric Transporters Market Outlook by Key Countries, $ Million, 2021 to 2032
4 Market Dynamics
4.1 Key Driving Forces of Electric Transporters Industry
4.2 Key Market Trends in Electric Transporters Industry
4.3 Potential Opportunities in Electric Transporters Industry
4.4 Key Challenges in Electric Transporters Industry
5 Market Factor Analysis
5.1 Value Chain Analysis
5.2 Competitive Landscape
5.2.1 Global Electric Transporters Market Share by Company (%), 2023
5.2.2 Product Offerings by Company
5.3 Porter’s Five Forces Analysis
5.4 Pricing Analysis and Outlook
6 Growth Outlook Across Scenarios
6.1 Growth Analysis-Case Scenario Definitions
6.2 Low Growth Scenario Forecasts
6.3 Reference Growth Scenario Forecasts
6.4 High Growth Scenario Forecasts
7 Global Electric Transporters Market Outlook by Segments
7.1 Electric Transporters Market Outlook by Segments, $ Million, 2021- 2032
By Vehicle
Electric Scooter
-Retro
-Standing/Self-Balancing
-Folding
Electric Bike
Electric Skateboards
By Battery
Sealed Lead Acid
NiMH
Li-Ion
By Voltage
24V
36V
48V
Greater Than 48V
8 North America Electric Transporters Market Analysis and Outlook To 2032
8.1 Introduction to North America Electric Transporters Markets in 2024
8.2 North America Electric Transporters Market Size Outlook by Country, 2021-2032
8.2.1 United States
8.2.2 Canada
8.2.3 Mexico
8.3 North America Electric Transporters Market size Outlook by Segments, 2021-2032
By Vehicle
Electric Scooter
-Retro
-Standing/Self-Balancing
-Folding
Electric Bike
Electric Skateboards
By Battery
Sealed Lead Acid
NiMH
Li-Ion
By Voltage
24V
36V
48V
Greater Than 48V
9 Europe Electric Transporters Market Analysis and Outlook To 2032
9.1 Introduction to Europe Electric Transporters Markets in 2024
9.2 Europe Electric Transporters Market Size Outlook by Country, 2021-2032
9.2.1 Germany
9.2.2 France
9.2.3 Spain
9.2.4 United Kingdom
9.2.4 Italy
9.2.5 Russia
9.2.6 Norway
9.2.7 Rest of Europe
9.3 Europe Electric Transporters Market Size Outlook by Segments, 2021-2032
By Vehicle
Electric Scooter
-Retro
-Standing/Self-Balancing
-Folding
Electric Bike
Electric Skateboards
By Battery
Sealed Lead Acid
NiMH
Li-Ion
By Voltage
24V
36V
48V
Greater Than 48V
10 Asia Pacific Electric Transporters Market Analysis and Outlook To 2032
10.1 Introduction to Asia Pacific Electric Transporters Markets in 2024
10.2 Asia Pacific Electric Transporters Market Size Outlook by Country, 2021-2032
10.2.1 China
10.2.2 India
10.2.3 Japan
10.2.4 South Korea
10.2.5 Indonesia
10.2.6 Malaysia
10.2.7 Australia
10.2.8 Rest of Asia Pacific
10.3 Asia Pacific Electric Transporters Market size Outlook by Segments, 2021-2032
By Vehicle
Electric Scooter
-Retro
-Standing/Self-Balancing
-Folding
Electric Bike
Electric Skateboards
By Battery
Sealed Lead Acid
NiMH
Li-Ion
By Voltage
24V
36V
48V
Greater Than 48V
11 South America Electric Transporters Market Analysis and Outlook To 2032
11.1 Introduction to South America Electric Transporters Markets in 2024
11.2 South America Electric Transporters Market Size Outlook by Country, 2021-2032
11.2.1 Brazil
11.2.2 Argentina
11.2.3 Rest of South America
11.3 South America Electric Transporters Market size Outlook by Segments, 2021-2032
By Vehicle
Electric Scooter
-Retro
-Standing/Self-Balancing
-Folding
Electric Bike
Electric Skateboards
By Battery
Sealed Lead Acid
NiMH
Li-Ion
By Voltage
24V
36V
48V
Greater Than 48V
12 Middle East and Africa Electric Transporters Market Analysis and Outlook To 2032
12.1 Introduction to Middle East and Africa Electric Transporters Markets in 2024
12.2 Middle East and Africa Electric Transporters Market Size Outlook by Country, 2021-2032
12.2.1 Saudi Arabia
12.2.2 UAE
12.2.3 Oman
12.2.4 Rest of Middle East
12.2.5 Egypt
12.2.6 Nigeria
12.2.7 South Africa
12.2.8 Rest of Africa
12.3 Middle East and Africa Electric Transporters Market size Outlook by Segments, 2021-2032
By Vehicle
Electric Scooter
-Retro
-Standing/Self-Balancing
-Folding
Electric Bike
Electric Skateboards
By Battery
Sealed Lead Acid
NiMH
Li-Ion
By Voltage
24V
36V
48V
Greater Than 48V
13 Company Profiles
13.1 Company Snapshot
13.2 SWOT Profiles
13.3 Products and Services
13.4 Recent Developments
13.5 Financial Profile
Airwheel Holding Ltd
AllCell Technologies LLC
BMW Motorrad International
BOXX Corp
Hama GmbH & Co KG
Honda Motor Co. Ltd
Jiangsu Xinri E-Vehicle Co. Ltd
Kiwano
Ninebot Inc
Razor USA LLC
14 Appendix
14.1 Customization Offerings
14.2 Subscription Services
14.3 Related Reports
14.4 Publisher Expertise
By Vehicle
Electric Scooter
-Retro
-Standing/Self-Balancing
-Folding
Electric Bike
Electric Skateboards
By Battery
Sealed Lead Acid
NiMH
Li-Ion
By Voltage
24V
36V
48V
Greater Than 48V
Global Electric Transporters Market Size is valued at $43.8 Billion in 2024 and is forecast to register a growth rate (CAGR) of 8.3% to reach $82.9 Billion by 2032.
Emerging Markets across Asia Pacific, Europe, and Americas present robust growth prospects.
Airwheel Holding Ltd, AllCell Technologies LLC, BMW Motorrad International, BOXX Corp, Hama GmbH & Co KG, Honda Motor Co. Ltd, Jiangsu Xinri E-Vehicle Co. Ltd, Kiwano, Ninebot Inc, Razor USA LLC
Base Year- 2023; Estimated Year- 2024; Historic Period- 2018-2023; Forecast period- 2024 to 2032; Currency: Revenue (USD); Volume