Used E-Scooter Market to Reach USD 947.3 Million by 2033

Tajammul Pangarkar
Tajammul Pangarkar

Updated · Dec 24, 2024

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Introduction

The Global Used E-Scooter Market is projected to reach approximately USD 947.3 million by 2033, up from an estimated USD 652.4 million in 2023. This growth reflects a compound annual growth rate (CAGR) of 3.8% over the forecast period spanning 2024 to 2033.

A used e-scooter refers to an electric scooter that has been previously owned and operated but is sold in a pre-owned condition for continued use. These vehicles, powered by rechargeable batteries, are designed to provide cost-effective, eco-friendly, and convenient mobility solutions, particularly for urban transportation. Used e-scooters undergo inspection and repairs before resale to ensure safety and functionality, making them a more affordable alternative to purchasing new models. They are particularly popular among budget-conscious individuals and those looking to adopt sustainable transport options at a lower cost.

The used e-scooter market encompasses the buying and selling of pre-owned electric scooters through formal channels such as authorized dealerships, online platforms, and informal networks like private resale markets. This market segment has been gaining traction as e-scooters become an integral part of urban micromobility ecosystems.

Global Used E-Scooter Market Size

It includes refurbished models, second-hand transactions, and exchange programs facilitated by manufacturers or third-party service providers. As sustainability and affordability remain key consumer concerns, the used e-scooter market plays a vital role in extending the lifecycle of these vehicles while reducing the environmental footprint associated with manufacturing new units.

The growth of the used e-scooter market is fueled by several key factors. Rising awareness about environmental sustainability has led consumers to embrace electric mobility solutions, including pre-owned e-scooters, which reduce waste and promote recycling.

Additionally, increasing urbanization and traffic congestion are driving demand for compact and cost-effective transportation options. The relatively high upfront costs of new electric scooters have also made the second-hand market an attractive option for cost-sensitive buyers. Furthermore, the proliferation of online platforms and marketplaces has made it easier to trade used e-scooters, improving market access and transparency.

Demand in the used e-scooter market is primarily driven by cost-conscious urban commuters, students, and small-scale delivery operators who seek affordable and reliable transportation. The affordability of used e-scooters compared to new models is a significant pull factor, particularly in emerging economies where disposable income levels are lower. Moreover, the rising adoption of micromobility in cities globally is expanding the customer base for pre-owned electric scooters. However, factors such as battery degradation and lack of standardized quality checks may impact consumer confidence in certain markets, although improved refurbishment practices are addressing these concerns.

The used e-scooter market presents several lucrative opportunities for stakeholders. Manufacturers and e-scooter rental companies can capitalize on this trend by establishing certified pre-owned programs, ensuring quality assurance and building trust among consumers. Additionally, advancements in battery reconditioning and recycling technologies are enhancing the viability of used e-scooters, extending their lifecycle and reducing maintenance costs.

Emerging markets, particularly in Asia-Pacific, Africa, and Latin America, present untapped potential due to the rising middle-class population and increasing awareness of electric mobility solutions. Furthermore, partnerships with e-commerce platforms and localized service providers can enhance the distribution and accessibility of used e-scooters, driving market growth in both developed and developing regions.

Key Takeaways

  • The Used E-Scooter Market is projected to grow from USD 652.4 million in 2023 to USD 947.3 million by 2033, at a CAGR of 3.8% during 2024–2033.
  • Two-wheel product types dominated the market in 2023, holding a 70.6% share.
  • Lithium-ion batteries led the battery segment in 2023, with a 65.8% market share.
  • The retail channel was the dominant sales channel in 2023.
  • Asia Pacific was the leading region in the used e-scooter market, driven by high adoption rates in China, India, and Japan.

Used E-Scooter Statistics

Usage Patterns in the UK

  • Over 100,000 e-scooter trips are made weekly across UK trial cities.
  • About 60% of trips are for commuting to work or educational institutions.
  • Average trip lengths are 1.5 to 2 miles, ideal for short urban travel.
  • 20% of users ride e-scooters for leisure or exploration.

Attitudes Toward Safety Rules

  • Nearly 46% of people under 44 oppose e-scooter safety rules.
  • In contrast, 67% of those aged 45+ support rules like insurance or speed limits.
  • Helmet use is the most supported safety measure, with 35.4% of people in favor of making helmets mandatory.
  • Among 18-24-year-olds, only 25.5% support compulsory helmets, while 26.4% favor a pre-purchase riding test.
  • More people (28.6%) support speed limits of 20-30 mph for scooters than the current 15.5 mph limit (26.2%).

Global E-Scooter Market Growth

  • Bird has invested $2 billion into e-scooter development.
  • By 2028, there will be an estimated 129 million electric scooters and motorcycles on the roads.
  • In 2023, 8% of all two-wheelers globally are electric.

Adoption Trends in the United States

  • 252 e-scooter systems are currently operating in the U.S.
  • Men account for 75% of U.S. e-scooter trips, with women making up 25%.
  • 70% of Americans have a positive perception of e-scooters.
  • Among those earning less than $25,000 annually, 72% view e-scooters positively.

Safety Concerns and Risks

  • Injuries from e-scooters, e-bikes, and hoverboards have risen by 70% over the past four years.
  • Rider safety remains the primary concern across all age groups.

Environmental Impact and Car Replacement

  • In Brisbane, 30-50% of e-scooter and e-bike trips replace car trips, reducing urban congestion.

Emerging Trends

  • Rise in Circular Economy Practices: The increasing focus on sustainability has encouraged individuals and businesses to prioritize used e-scooters over new ones. Reusing e-scooters reduces electronic waste and supports the circular economy, especially in urban areas where eco-friendly transport is valued. This trend aligns with global efforts to reduce CO2 emissions from manufacturing.
  • Growth of Online Peer-to-Peer Resale Platforms: The popularity of platforms for buying and selling second-hand products has surged, including dedicated e-scooter marketplaces. These platforms simplify the buying process, offering detailed product descriptions, buyer reviews, and comparative pricing data, creating a seamless experience for consumers.
  • Affordability Driving Broader Demographic Adoption: Used e-scooters are making electric mobility accessible to middle- and low-income groups. In many cities, a used e-scooter can cost 30–50% less than a new one, making it a viable option for students, gig workers, and small business owners.
  • Rise of Refurbished and Certified Used Models: The demand for quality-assured used e-scooters is driving businesses to offer refurbished and certified models. These come with warranties and guarantees, reducing buyer hesitation. Consumers are increasingly looking for reliability at a fraction of the cost of new scooters.
  • Increased Availability of Spare Parts for Repairs: The growing used e-scooter market has led to higher availability of spare parts, which supports repairability and maintenance. This trend encourages buyers to invest in used scooters, knowing they can be easily repaired and kept operational for years.

Top Use Cases

  • Last-Mile Transportation: Used e-scooters are commonly purchased for last-mile travel to bridge gaps between public transportation hubs and destinations. For instance, commuters can save significant time and costs by using an e-scooter instead of relying on ride-hailing services.
  • Delivery Services: The affordability of used e-scooters makes them popular among gig economy workers in food and package delivery. In urban areas, delivery workers using e-scooters save on fuel costs and can complete more deliveries due to their ease of maneuverability.
  • Tourism and Recreation: Used e-scooters are increasingly utilized by tourists exploring cities and local attractions. Many rental services now include used models in their fleets, offering tourists a cost-effective option for leisure rides.
  • Personal Budget Transportation: Individuals looking for an economical, eco-friendly transport solution often choose used e-scooters. The operational cost of an e-scooter, including electricity and occasional maintenance, is significantly lower than that of cars or motorbikes.
  • Shared Mobility Services: Several micro-mobility providers integrate used e-scooters into their fleet to cut costs while catering to high demand. This allows shared mobility operators to expand their offerings in new cities or areas without significant upfront investment.

Major Challenges

  • Battery Degradation Issues: One of the primary concerns with used e-scooters is battery health. Many batteries lose 20–30% of their efficiency after prolonged use, leading to shorter ride durations and higher replacement costs for buyers.
  • Lack of Standardized Pricing: The absence of standardized valuation methods makes pricing unpredictable in the used e-scooter market. This inconsistency can deter potential buyers or sellers, as they are unsure of the scooter’s true worth.
  • Limited After-Sales Support: Unlike new e-scooters, used models often come without after-sales support, such as warranties or access to technical assistance. Buyers face difficulties in maintaining or repairing their scooters, especially in regions where repair shops are scarce.
  • Regulatory Restrictions: Many cities have restrictions on older e-scooter models that fail to meet updated safety or environmental standards. This limits the usability of certain used scooters and may discourage purchases in areas with strict regulations.
  • Risk of Counterfeit Parts: The proliferation of fake or low-quality spare parts in the market creates reliability concerns for used e-scooters. Buyers who unknowingly purchase such parts for repairs risk further damaging the scooter or compromising safety.

Top Opportunities

  • Expansion into Rural and Suburban Areas: Rural and suburban areas represent an untapped market for used e-scooters. With the growing demand for affordable transport options in these regions, offering durable and low-cost e-scooters could drive significant adoption.
  • Development of Refurbishment Ecosystems: Companies specializing in refurbishing used e-scooters can capitalize on the rising demand. Establishing networks for repair, replacement, and certification can attract customers who prioritize quality assurance when buying second-hand.
  • Integration with Financing Options: Introducing financing options for used e-scooters, such as installment plans or lease-to-own models, could unlock new customer segments. For example, students or gig workers might find it easier to afford a used scooter with flexible payment terms.
  • Trade-In and Upgrade Programs: Trade-in programs that allow consumers to exchange older e-scooters for refurbished ones create opportunities for repeat business. Such programs not only incentivize loyalty but also ensure a steady supply of pre-owned models for resale.
  • Localized Marketplaces and Community Sales Channels: Developing localized platforms or community-based sales channels for used e-scooters can streamline transactions. Such platforms can offer added services like maintenance, insurance, and transparent pricing, enhancing buyer confidence.

Key Player Analysis

  • Xiaomi Corporation: Xiaomi has emerged as a leading player in the e-scooter market, largely driven by its Mi Electric Scooter series, including the Mi M365, which has sold over 5 million units globally. The company’s dominance stems from its high-quality, reliable products offered at competitive prices. Xiaomi’s scooters are lightweight, durable, and technologically advanced, making them a popular choice in the second-hand market. The brand’s integration of IoT features such as app connectivity has further cemented its appeal among urban commuters.
  • KAABO: KAABO specializes in premium, high-performance e-scooters with robust designs suitable for off-road and urban use. KAABO’s scooters are known for their dual-motor systems, long battery life, and top speeds exceeding 40 mph. The durability of their models ensures a thriving resale market among enthusiasts and commuters looking for powerful e-scooters.
  • GOTRAX: GOTRAX has established itself as a value-oriented brand that offers durable, budget-friendly e-scooters. GOTRAX focuses on simplicity, affordability, and functionality, making its products ideal for first-time buyers and those looking for a low-cost urban transportation option. The brand’s strong focus on customer satisfaction and after-sales service has enhanced its reputation in the second-hand market.
  • Segway: Segway, a pioneer in personal mobility, continues to dominate the e-scooter market with its Ninebot series. Known for its superior build quality, long range of up to 40 miles, and reliable braking systems, Segway scooters retain high resale value. The brand’s strong global distribution network and reputation for innovation further bolster its prominence in the used e-scooter market.
  • Razor: Razor is a household name in the micro-mobility industry, especially for entry-level and mid-range e-scooters. Razor scooters are known for their affordability, sturdy design, and ease of use, appealing to a wide demographic, including teenagers and casual commuters. Their extensive market penetration and widespread availability have solidified their role in the pre-owned e-scooter ecosystem.

Future Outlook of the Used E-Scooter Industry

The used e-scooter industry is poised for significant growth, driven by increasing urbanization, sustainability priorities, and cost-conscious consumer demand. As cities embrace micromobility solutions to address congestion and pollution, used e-scooters present a cost-effective alternative for consumers and fleet operators.

According to recent reports, the global micromobility market is expected to surpass $100 billion in value by 2030, with used e-scooters contributing significantly to this expansion. Startups and platforms like Ridepanda and Lime are entering the resale market, further legitimizing the sector.

Notable investments include Tier Mobility’s €250 million Series C funding round (2021) and expanded interest in the refurbishment of e-scooters to promote circular economies. For instance, in 2023, Tier launched its own refurbishment program to extend e-scooter lifecycles. This sector’s future is aligned with global sustainability goals, attracting venture capital and fostering innovation in battery reuse and repair

Recent Developments

  • In 2023, Bird Global, Inc., a leader in eco-friendly electric transportation, acquired Skinny Labs, Inc. (operating as Spin) from TIER Mobility. This acquisition positions Bird as the largest micromobility operator in North America by market share. Spin now operates as a wholly-owned subsidiary, with the $19 million transaction funded through a combination of cash, vendor take-back, and holdback agreements. MidCap Financial supported the deal, reflecting Bird’s commitment to market expansion and profitability.
  • In 2024, Voi successfully closed an oversubscribed $25 million equity round, alongside securing debt financing for its vehicle fleet. The funding will help expand its e-scooter and e-bike offerings amid rising demand and market consolidation. Voi aims to solidify its leadership in Europe’s micromobility sector with this strategic investment.
  • In October 2024, Segway-Ninebot announced a milestone of over 13 million global eKickScooter sales. The company’s 2023 financials showed revenue of $537 million USD from these scooters, reinforcing its position as a market leader. With a focus on R&D and sustainable technologies, Segway-Ninebot remains at the forefront of the global micromobility industry.
  • In 2024, Ola Electric introduced two new electric scooter models starting at Rs 39,000, marking the most affordable options in its lineup. This launch underscores Ola’s strategy to make electric mobility accessible to a wider audience.

Conclusion

The global used e-scooter market is set to experience steady growth in the coming years, driven by increasing demand for affordable, eco-friendly, and compact transportation solutions. As urbanization accelerates and sustainability becomes a central focus for both consumers and policymakers, the appeal of pre-owned electric scooters is growing, particularly among cost-sensitive individuals and businesses. While challenges such as battery degradation, lack of standardization, and regulatory constraints exist, advancements in refurbishment practices and the development of quality assurance programs are mitigating these concerns.

Additionally, opportunities in emerging markets, rural areas, and circular economy initiatives highlight the untapped potential of this market. Stakeholders who invest in innovative resale platforms, financing options, and localized service ecosystems are well-positioned to capture significant value in this evolving landscape. As micromobility continues to redefine urban transport, the used e-scooter market will remain a key contributor to promoting sustainable and accessible mobility solutions globally.

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Tajammul Pangarkar

Tajammul Pangarkar

Tajammul Pangarkar is a tech blogger that frequently contributes to numerous industry-specific magazines and forums. Tajammul longstanding experience in the fields of mobile technology and industry research is often reflected in his insightful body of work. His interest lies in understanding tech trends, dissecting mobile applications, and in raising a general awareness of technical know-how. When he’s not ruminating about various happenings in the tech world, he can be usually found indulging in his next favorite interest - table tennis.

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