Scooter Rental Market Growth Driven by Urban Electrification

Rapid urbanization, rising sustainability mandates, and smartphone proliferation are fueling adoption of shared scooter services in metropolitan areas. These drivers, reinforced by advances in IoT-based fleet management, have accelerated usage among commuters and leisure riders. Emerging market trends in shared mobility underscore the shift toward electrification and digitalization.

The market segmentation by vehicle type includes electric scooters and manual kick scooters, where electric scooters remain dominant with over 85% of market revenue in 2024, while manual kick scooters register faster growth at a 12% CAGR due to cost-sensitive users in emerging markets.

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