Canada Electric Scooters Market Size & Outlook, 2022-2030
The electric scooters market in Canada is expected to reach a projected revenue of US$ 469.0 million by 2030. A compound annual growth rate of 5.7% is expected of Canada electric scooters market from 2023 to 2030.
Revenue, 2022 (US$M)
$300.0
Forecast, 2030 (US$M)
$469.0
CAGR, 2023 - 2030
5.7%
Report Coverage
Canada
Canada electric scooters market, 2018-2030 (US$M)
Related Markets
Canada electric scooters market highlights
- The Canada electric scooters market generated a revenue of USD 300.0 million in 2022 and is expected to reach USD 469.0 million by 2030.
- The Canada market is expected to grow at a CAGR of 5.7% from 2023 to 2030.
- In terms of segment, hub motors was the largest revenue generating drive type in 2022.
- Belt Drive is the most lucrative drive type segment registering the fastest growth during the forecast period.
Electric scooters market data book summary
| Market revenue in 2022 | USD 300.0 million |
| Market revenue in 2030 | USD 469.0 million |
| Growth rate | 5.7% (CAGR from 2022 to 2030) |
| Largest segment | Hub motors |
| Fastest growing segment | Belt Drive |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Belt Drive, Chain, Hub Motors |
| Key market players worldwide | Bayerische Motoren Werke AG ADR, Alpha Architect 1-3 Month Box ETF, Gogoro Inc, GreenPower Motor Company Inc, Honda Motor Co Ltd ADR, PIERER Mobility AG, Mahindra & Mahindra Ltd DR |
Other key industry trends
- In terms of revenue, Canada accounted for 0.9% of the global electric scooters market in 2022.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. electric scooters market is projected to lead the regional market in terms of revenue in 2030.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 2,698.0 million by 2030.
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Electric Scooters Market Scope
Electric scooters market segmentation & scope
Electric Scooters Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Canada electric scooters market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to electric scooters market will help companies and investors design strategic landscapes.
Hub motors was the largest segment with a revenue share of 79.4% in 2022. Horizon Databook has segmented the Canada electric scooters market based on belt drive, chain, hub motors covering the revenue growth of each sub-segment from 2018 to 2030.
- Canada Electric Scooters Drive Type Outlook (Revenue, USD Million, 2018-2030)
- Belt Drive
- Chain
- Hub Motors
- Canada Electric Scooters End Use Outlook (Revenue, USD Million, 2018-2030)
- Personal
- Commercial
- Canada Electric Scooters Battery Type Outlook (Revenue, USD Million, 2018-2030)
- Lead-acid Battery
- Lithium-ion Battery
- Others
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Our clientele includes a mix of electric scooters market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada electric scooters market , including forecasts for subscribers. This country databook contains high-level insights into Canada electric scooters market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Canada electric scooters market size, by drive type, 2018-2030 (US$M)
Canada Electric Scooters Market Outlook Share, 2022 & 2030 (US$M)
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