Asia-Pacific Kids E-Scooter Market – Industry Trends and Forecast to 2030

Asia-Pacific Kids E-Scooter Market, By Type (2 Wheel and 3 Wheel), Design (Foldable and Unfoldable), Foot Platform (Less Than 3.5 Feet, 3.5 Feet, 5 Feet, and Others), Material (Industrial-Grade Aluminum Alloy, Carbon Fiber, Plastic, and Composite), Age (5 - 8 Years, 8 - 12 Years, and Less Than 5 Years) - Industry Trends and Forecast to 2030.

Asia-Pacific Kids E-Scooter Market Analysis and Size

The Asia-Pacific kids e-scooter market is expected to grow significantly in the forecast period of 2023 to 2030. Data Bridge Market Research analyses that the market is growing with a CAGR of 6.4% in the forecast period of 2023 to 2030 and is expected to reach USD 494,111.79 thousand by 2030. The major factor driving the growth of the market is the rising popularity of kids e-scooter products among kids, and growing awareness regarding the properties of the kids e-scooter products.

A kids e-scooter is a small, board-based vehicle with two or three little wheels attached to the bottom and a long, vertical handle attached to the front wheel. The scooter's design allows the user to push against the ground with one foot while standing with the other foot on the board and moving the handle to control propulsion. Scooting assists in the development of numerous mechanical and technical abilities as well as mobility, height, immunity, self-confidence, and traffic awareness.

Asia-Pacific kids e-scooter market report provides details of market share, new developments, and the impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographic expansions, and technological innovations in the market. To understand the analysis and the market scenario, contact us for an analyst brief. Our team will help you create a revenue-impact solution to achieve your desired goal.

Asia-Pacific Kids E-Scooter Market Definition

Kids e-scooters are effectively downsized versions of adult e-scooters, designed for easy-to-ride, with smaller frame sizes. One of the key drivers of the evolution of kids electric scooters has been the advancement of technology. The capabilities of electric scooters are improved as technology is enhanced. For instance, the development of stronger and more efficient motors has allowed for longer ranges and faster speeds, while improvements in battery technology have resulted in longer battery life. 

The popularity of kids electric scooters has also been driven by a growing interest in eco-friendly modes of transportation. Electric scooters do not produce emissions, making them a more environmentally friendly option compared to traditional gas-powered vehicles. This has made electric scooters, including kids electric scooters, an attractive option for families who are looking to reduce their carbon footprint.

Kids electric scooters are fun to ride. With their smooth, effortless acceleration and the ability to reach speeds of up to 15 mph or more, electric scooters provide an exciting and thrilling ride. Plus, with a wide range of styles and colors to choose from, there is a kids electric scooter to suit every child’s tastes and interests.

Asia-Pacific Kids E-Scooter Market Dynamics

Drivers

• The Growing Popularity of E-Scooters among Children Encourages their Use

An electric scooter is enjoyable to ride and can perform tasks that no other toy can. It may provide hours of amusement for children and make them believe they have superpowers. It's simple to use and doesn't take much knowledge or talent to operate, making it ideal for kids starting to ride.  It is transportable. Electric scooters are tiny enough to fit into the trunk of a car if necessary, eliminating the need to carry them around. It boosts self-esteem. Knowing how to operate an electric scooter can increase their self-esteem and give them more confidence. It aids in the development of coordination abilities. Electric scooters need balance and coordination abilities that most children do not develop through other toys or hobbies, such as playing computer games or watching television shows all day. Electric scooters are safe to operate in public places such as sidewalks, roadways, and parking lots.

• The Rapid Growth of Technology and the Manufacture of Innovative Electric Scooters

Consumer demand has also contributed to the advancement of kids electric scooters. Producers were forced to create new and unique items to match the demand, as more people became interested in electric scooters. Companies are even focused on decreasing scooter weight by substituting metals with plastic. Plastic is more durable and has a longer shelf life than metal. Furthermore, firms are developing three and four-wheeled scooters. This would also be beneficial to physically challenged children. As a result, there is a broad variety of scooters on the market, ranging from simple versions to more complex scooters with various functions. 

• The Growing Desire among Parents to Improve their Children's Health

Riding an e-scooter has the dual function of keeping kids healthy and having fun. They had a lot of fun whizzing around on these eco-friendly small technological creations. Electric scooters for kids provide hours of enjoyment while also developing their abilities and inventiveness. E-scooters assist children in staying fit and improving their metabolism.  Riding e-scooters regularly will result in rapid bone and muscular growth, and increased strength. However, if parents engage in regular activities such as jogging or running, their children may ride side by side on the e-scooter. As a result, kids will not be bored; they will like riding their electric scooters as much as their parents will enjoy exercising. 

Opportunities

• The Rise in R&D and Investment Levels for Manufacturing

The research and development field has grown in the last recent years, and the importance of rivalry among e-scooter competitors has compelled them to do R&D operations to invest, create, and offer new goods and services. Investment in electric scooters and electric bike firms is picking up.  As the popularity of electric scooters grows, so do the concerns associated with them. To delay the occurrence of those difficulties in electric scooters, producers must conduct further research, raise finances, and devote money and time to constructing or updating new and existing electric scooters by current trends.

Investment and R&D could be very beneficial in resolving issues such as battery issues, charging issues, run time issues, weighted and balanced body, easy to use and carry, foldable or fixable, safety precautions, water resistant, lighting, cost-effective, higher efficiency, easily repairable, and others. If manufacturers focus on the fundamental and sophisticated technology that has to be updated or upgraded, they may boost their output, profit, and everything else while also providing additional benefits to consumers.

• Mergers and Acquisitions are Providing Prospects in the Field of Children's Electric Scooters

Mergers and Acquisitions (M&A) in the industry have the potential to increase the quality of products supplied to customers. These mergers and acquisitions have the potential to reshape the landscape of electric scooters. When smaller electric scooter firms run out of money, the larger corporations may buy them out at bargain rates. Not only would smaller scooter startups be appealing acquisition candidates, but major companies may also intend to integrate them with other companies and purchase to market rentable scooters. The acquisition provides the potential to widen electric scooters for children to grow the next generation of children and lead in the electrification of motorcycles.

Restraints/Challenges

• Alternative Products that have a Strong Presence

Electric scooters may have some disadvantages over traditional scooters, such as batteries that wear out as they age and may require replacement if people forget to charge their scooter battery, kids getting into trouble while riding alone, possible breakdowns, and short lifespan for some budget models, charge time that can be long, the range that may not be advertised, fast and powerful models that are too heavy and difficult to ride as it may be difficult for kids to balance or coordinate. Some e-scooters have very short warranty periods, very few models do not fold, electric scooters are not permitted to ride in some areas such as highways or high traffic areas, e-scooters should not be used in the rain or winter, good scooters are affordable but not trivially cheap, some scooters do not come with any lighting, many e-scooters will struggle on steeper hills, accidents are always a possibility, repairs can be difficult, and there may be some minor health risks if people use.

• Accidents and Injuries have Heightened Worries about Children's Safety

Standing electric scooters, often known as e-scooters, have grown in popularity during the last decade across the world. Despite the increased popularity of electric scooters, the number of children injured while riding them has skyrocketed.  These accidents and injuries are key issues concerning children's safety, and if the children do not utilize safety equipment and obey safety guidelines, these injuries may become more severe, such as serious head injuries, fractured bones, and stitches. One in every ten children taken to the hospital after an e-scooter accident had a brain injury such as a concussion, skull fracture, or internal bleeding.

E-scooters used by children must wear helmets and protective gear, and they should not be ridden in busy locations or on highways. E-scooters are still so new that many communities are still figuring out how to regulate them. Some have outright prohibited them, while others have placed restrictions on where they can be used.

• Hidden Environmental Impact of Electric Scooters

Electric scooters do not pollute while used, but it is also important to consider how they are recharged. Scooters, for instance, must be transported to a charging station, and this transportation, which is typically performed by vehicles, can have a major influence on the entire equation. Finally, because electric scooters are composed of scarce and possibly harmful components, recycling is essential.  As a result, users must take care of their batteries (and the vehicle cell itself), making them liable for a significant portion of pollution they cannot avoid at least until the battery-recycling business matures.

• The Fluctuating Prices of Raw Materials

The frame of an electric scooter is often built of industrial-grade aluminum alloy. Some e-scooters, however, will use a carbon fiber frame or a blend of carbon fiber and aluminum. Metal, magnets, and copper wires make up the electric motor components, while metals and minerals make up the batteries. Plastic, steel, silicone, and rubber are used to make the scooter's details and auxiliary parts. It is important to note that the materials utilized to construct an e-scooter are heavily influenced by its overall quality and the manufacturer's industry reputation.

The costs of these raw materials can fluctuate, increasing or decreasing, and this might impact the prices of the products where they are used to make them. There are five major factors to consider: lesser supply, increased demand, and sustainability issues, excessive price inflation in transportation and commerce, and additional tax obligations.

Asia-Pacific Kids E-Scooter Market Market Scope

Asia-Pacific kids e-scooter market is segmented on the basis of type, design, foot platform, material, and age. The growth amongst these segments will help you analyze major growth segments in the industries and provide the users with a valuable market overview and market insights to make strategic decisions to identify core market applications.

Type

• 2 Wheel
• 3 Wheel

On the basis of type, the market is segmented into 2 wheel and 3 wheel.

Design

• Foldable
• Unfoldable

On the basis of design, the market is segmented into foldable and unfoldable.

Foot Platform

• Less than 3.5 Feet
• 3.5 Feet
• 5 Feet
• Others

On the basis of design, the market is segmented into less than 3.5 feet, 3.5 feet, 5 feet, and others.

Material

• Industrial-Grade Aluminum Alloy
• Carbon Fiber
• Plastic
• Composite

On the basis of design, the market is segmented into industrial-grade aluminum alloy, carbon fiber, plastic, and composite.

Age

• 5 - 8 Years
• 8 - 12 Years
• Less than 5 Years

On the basis of age, the market is segmented into 5 - 8 years, 8 - 12 years, and less than 5 years.

Asia-Pacific Kids E-Scooter Market Regional Analysis/Insights

The Asia-Pacific Kids e-scooter market is segmented on the basis of type, design, foot platform, material, and age.

The countries in the Asia-Pacific Kids e-scooter market are Japan, China, South Korea, India, Singapore, Thailand, Indonesia, Malaysia, Philippines, Australia, New Zealand, and Rest of Asia-Pacific

China is expected to dominate the Asia-Pacific kids e-scooter market in terms of market share and market revenue due to growing awareness of the excellent characteristics and properties of kids e-scooters in the region.

The country section of the report also provides individual market-impacting factors and changes in market regulation that impact the current and future trends of the market. Data point downstream and upstream value chain analysis, technical trends porter's five forces analysis, and case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of Asia-Pacific brands and their challenges faced due to large or scarce competition from local and domestic brands, the impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the country data. 

Competitive Landscape and Asia-Pacific Kids E-Scooter Market Share Analysis

The Asia-Pacific kids e-scooter market competitive landscape provides details of competitors. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, production sites and facilities, company strengths and weaknesses, product launch, product trials pipelines, product approvals, patents, product width and breadth, application dominance, technology lifeline curve. The above data points provided are only related to the companies’ focus related to the Asia-Pacific Kids e-scooter market.

Some of the major market players operating in the Asia-Pacific kids e-scooter market are Razor USA LLC, Pacific Cycle Inc., UBoard, HEBEI JIANGWO TRADING CO. LTD., SEGWAY, Hiboy, and Hover Pro. among others.