Electric Kick Scooter Market Companies Driving Innovation by (2025–2034)

The global electric kick scooter market is set to surge from USD 3.41 billion in 2025 to USD 8.68 billion by 2034, growing at a CAGR of 11.60% during the forecast period. This rapid expansion is driven by urban mobility trends, increasing environmental awareness, and tech advancements in e-mobility solutions.


🌍 Regional Growth Insights

  • United States: Expected to grow at a CAGR of 11.20%.

  • Canada: Projected to expand at a CAGR of 10.50%.

  • United Kingdom: Anticipated CAGR of 10.20%.

  • France: Forecasted to grow at 11% CAGR.

  • Germany: Set to expand at 10.80% CAGR.

  • China: Leading the Asia-Pacific region with a 12.60% CAGR.


🏢 Top Electric Kick Scooter Companies: Overview, Products & Market Position

1. Micro Mobility Systems AG

  • About: Swiss-based pioneer in personal urban mobility, best known for inventing the original “Micro Scooter.”

  • Products: Electric kick scooters (Micro Explorer, Micro Condor), kids’ scooters, foldable electric models.

  • Market Cap: Privately held; revenue estimated in tens of millions USD range.

2. Golabs Inc.

  • About: A U.S.-based startup specializing in compact and lightweight electric vehicles for city commutes.

  • Products: G4, GMAX Ultra scooters with long battery life and advanced safety features.

  • Market Cap: Privately owned; rapidly scaling in North America.

3. Bird Rides Inc.

  • About: One of the early disruptors in the shared micromobility space, based in California.

  • Products: Shared and personal electric scooters like Bird Air and Bird One.

  • Market Cap: Previously listed; valued in the hundreds of millions USD.

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4. Segway Inc.

  • About: A globally recognized brand in personal transportation, now a subsidiary of Ninebot.

  • Products: Segway Ninebot ES series, MAX G30, and commuter e-scooters.

  • Market Cap: Parent company Ninebot’s valuation is over $1 billion.

5. IconBIT Limited

  • About: European company with diversified tech and mobility products.

  • Products: Kick scooters (Kick Scooter City, Kick Scooter Tracer), hoverboards.

  • Market Cap: Estimated below $100 million, niche presence in EU.

6. GOVECS AG

  • About: German e-mobility manufacturer focused on electric scooters for B2B and B2C.

  • Products: GOVECS FLEX and GOVECS PRO scooters.

  • Market Cap: Mid-sized EU company, valued at several hundred million euros.

7. Razor LLC

  • About: Iconic U.S. brand known for revolutionizing the scooter market since the early 2000s.

  • Products: Electric scooters like E100, E300, EcoSmart Metro.

  • Market Cap: Privately held; strong market presence in youth segments.

8. Xiaomi Corporation

  • About: Chinese tech giant well-known for its smartphones and smart mobility solutions.

  • Products: Mi Electric Scooter series (M365, Pro 2).

  • Market Cap: Over $40 billion, with a solid footprint in e-scooters.

9. YADEA Technology Group Co. Ltd.

  • About: Leading Chinese electric two-wheeler manufacturer with global reach.

  • Products: Electric kick scooters and electric mopeds.

  • Market Cap: Publicly listed in Hong Kong; valued over $5 billion.

10. AKTIVO Scooter

  • About: Innovator of world’s first hubless electric scooter.

  • Products: AKTIVO Scoot – futuristic design and urban performance focus.

  • Market Cap: Startup stage; niche brand with premium appeal.

11. VOI Technology

  • About: Swedish micromobility company providing shared scooter services across Europe.

  • Products: VOIager e-scooter series used in app-based rental services.

  • Market Cap: Valued over $1 billion, backed by large venture rounds.

12. Spin

  • About: U.S.-based shared scooter company acquired by Tier Mobility in 2022.

  • Products: Shared e-scooter fleets deployed in urban U.S. areas.

  • Market Cap: Part of Tier Mobility; Tier valued at $2 billion+.

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❓ FAQs About the Electric Kick Scooter Market

1. What is the growth rate of the global electric kick scooter market?
The market is expected to grow at a CAGR of 11.60% from 2025 to 2034.

2. Which regions are leading the market expansion?
China, the U.S., and major European countries like France and Germany are key growth drivers.

3. Who are the top companies in this market?
Notable players include Bird Rides Inc., Xiaomi Corporation, YADEA, Segway, and VOI Technology.

4. What factors are fueling market growth?
Urbanization, eco-conscious consumer trends, government incentives, and innovations in battery tech.

5. Are shared scooter services still popular?
Yes. Companies like VOI, Spin, and Bird continue to expand shared mobility services, especially in urban centers.

Source : https://www.towardsautomotive.com/insights/electric-kick-scooter-market-sizing

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