1. Market Research
  2. > Transportation
  3. > Road Transport
  4. > Road Passenger Transport Market Trends
Kick Scooter Sharing Market

Kick Scooter Sharing Market

  • November 2019
  • 111 pages
  • ID: 5842891
  • Format: PDF
  • Prescient & Strategic Intelligence Private Limited

Summary

Table of Contents

Kick Scooter Sharing Market Research Report: By Model (Multimodal, First and Last-Mile), Geographical Outlook ( U.S., Canada, Spain, France, Belgium, Switzerland, Austria, Singapore, Malaysia, Thailand, Mexico, Brazil, Colombia) - Industry Trends and Growth Forecast to 2025

Increasing Urban Congestion Helping in Kick Scooter Sharing Market Growth

The increasing demand for a fun first- and last-mile commuting option and rising urban road congestion are driving the progress of the kick scooter sharing market across the world. In 2018, such services generated $143.4 million in revenue, which is projected to grow to $4,090.5 million in 2025, at a 51.3% CAGR during the forecast period (2019–2025). Kick scooters are those on which people stand during their journey, and most such vehicles use an electric motor.

On the basis of model, the kick scooter sharing market is bifurcated into multimodal and first- and last-mile. Of these, the first- and last-mile model dominated the market in 2018, as the shared mobility services offered via cars are slightly expensive for short distances; 8 km (5.1 miles) is the average distance for which such services are availed. Further, traffic congestion, parking problems, and air pollution result from the use of cars for short-distance traveling. Therefore, kick scooters not only offer cheap commute, but also help in reducing carbon emissions.

Another reason behind the growing popularity of the concept is that many service providers offer such vehicles via the dockless model, wherein they can be picked up and parked anywhere. This saves time, as people do not need to move around to locate the docking stations. Along with convenience, shared kick scooters are also being adopted for their fun and recreational quotient, and it has been observed that most of the people opting for such services are youths, between the ages of 20 and 35.

The increasing problem of urban road congestion is another significant kick scooter sharing market growth driver. Cars and buses already take up a lot of space on the roads, and their numbers are rising day by day. This is resulting in traffic jams, and almost no space left for pedestrians, in certain places. To make the situation better, the government of numerous countries are promoting kick scooters, as they require significantly less space to travel and park, the latter of which also offers advantages for micromobility firms.

A lucrative opportunity for the kick scooter sharing market lies in the integration of such services with other mobility modes. Several market players, including Lime, Jump, Scoot, and Mobycy, are getting involved in bike sharing, to maximize their revenue and give people more than just one option of traveling short distances. Similarly, Movo and Blinkee also offer scooters, along with kick scooters, for sharing. With more companies adopting such a model, the market is expected to grow further in the coming years.

Across the globe, North America dominated the kick scooter sharing market in 2018, and it is expected to continue on this path throughout the forecast period. This is attributed to the rapid popularity of such services here and the fact that these services were introduced in this region before anywhere else. As the concept has proven useful in solving the first- and last-mile travel problem, it is finding more users in North America.

During the forecast period, the market is predicted to display the fastest growth in Europe. The rapid popularity of such services in North America are helping in their swift adoption in Europe, and companies which have been successful in the former region are entering the latter. Thus, the advent of established shared kick scooter providers, coupled with the inflow of heavy investments, is helping the European market progress. Spain, Belgium, France, Austria, and Switzerland are leading the way in shared kick scooter usage in the continent.

Therefore, as such vehicles offer cost-effective short-distance commuting solutions and also check air pollution, their usage is increasing.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.
Ahmad helps you find the right report:
Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

FAQ
  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at researchadvisor@reportlinker.com to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - researchadvisor@reportlinker.com or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.

ref:plp2019

Reportlinker.com © Copyright 2020. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on