Africa Electric Scooter Market Insights Forecasts to 2033

• The Africa Electric Scooter Market Size was valued at USD 50.7 Million in 2023.
• The Market is Growing at a CAGR of 7.60% from 2023 to 2033
• The Africa Electric Scooter Market Size is Expected to Reach USD 105.5 Million by 2033

The Africa Electric Scooter Market Size is Anticipated to Exceed USD 105.5 Million by 2033, Growing at a CAGR of 7.60% from 2023 to 2033.

Market Overview

The Africa electric scooter market refers to the industry encompassing the production, distribution, and adoption of electric scooters across the African continent. This market is driven by increasing urbanization, rising fuel prices, and a growing emphasis on sustainable transportation solutions. Electric scooters provide an efficient and eco-friendly alternative to conventional fuel-powered vehicles, addressing challenges related to congestion and pollution in major cities. Several factors are contributing to the expansion of the market. Rising consumer awareness of environmental concerns and the cost-effectiveness of electric scooters compared to gasoline-powered alternatives have led to increased adoption. The development of charging infrastructure and advancements in battery technology have further supported market growth, enhancing the feasibility of electric scooters as a practical transportation option. Government initiatives are playing a crucial role in shaping the market landscape. Policies promoting electric vehicle adoption, such as tax incentives, import duty reductions, and subsidies, have been introduced in various countries. Additionally, regulatory measures to reduce carbon emissions and improve urban mobility have encouraged investments in electric mobility solutions. Some governments have also partnered with private sector stakeholders to expand charging networks and support local manufacturing, further fostering market growth.

Report Coverage

This research report categorizes the market for the Africa electric scooter market based on various segments and regions forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the Africa electric scooter market. Recent market developments and competitive strategies such as expansion, product launch, development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each African electric scooter market sub-segment.

Driving Factors

The Africa electric scooter market is primarily driven by increasing urbanization, rising fuel costs, and growing environmental concerns. The demand for cost-effective and sustainable transportation solutions has led to a shift toward electric mobility. Technological advancements, including improvements in battery efficiency and charging infrastructure, have enhanced the feasibility of electric scooters. Rising investments from both public and private sectors have further accelerated market expansion. Additionally, government policies promoting electric vehicle adoption, such as tax incentives and subsidies, have encouraged consumer interest. The need for efficient last-mile connectivity and reduced traffic congestion continues to drive the adoption of electric scooters.

Restraining Factors

The Africa electric scooter market faces challenges such as inadequate charging infrastructure, high initial costs, and limited local manufacturing capabilities. Insufficient government support in certain regions and a lack of consumer awareness further hinder market growth. Additionally, unreliable electricity supply in some areas poses a barrier to widespread adoption.

Market Segment

The Africa electric scooter market share is classified into product and battery.

• The retro segment is expected to hold the largest market share through the forecast period.

The Africa electric scooter market is segmented by product into retro and standing/self-balancing. Among these, the retro segment is expected to hold the largest market share through the forecast period. This dominance is driven by increasing consumer preference for comfortable, high-speed, and long-range commuting solutions. Retro electric scooters, designed similarly to conventional petrol-powered models, offer enhanced stability, larger battery capacity, and greater practicality for daily transportation. Their affordability compared to electric motorcycles and suitability for both personal and commercial use, such as ride-sharing and delivery services, further contribute to their higher adoption.

• The Li-ion segment is expected to hold the largest market share through the forecast period.

The Africa electric scooter market is segmented by battery into sealed lead acid, NiMH, and Li-ion. Among these, the Li-ion segment is expected to hold the largest market share through the forecast period. Lithium-ion batteries offer superior energy efficiency, longer lifespan, and faster charging times compared to sealed lead acid and NiMH batteries. Their lightweight nature enhances the overall performance and range of electric scooters, making them the preferred choice among consumers and manufacturers.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the Africa electric scooter market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• Honda Motor Co Ltd
• KTM AG
• Mahindra GenZe
• Peugeot Scooters
• Ninebot Limited
• Suzuki Motor Corporation
• Terra Motors Corporation
• Vmoto Limited
• Yadea Technology Group Co., Ltd.
• Yamaha Motor Company Limited
• Others

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Recent Development

• In November 2023, Uber South Africa launched a new service called Uber Package, which will utilize electric scooters for deliveries. The initial deployment of these electric vehicles will commence in Cape Town in December 2023, followed by a rollout to Johannesburg by February 2024. This initiative aims to enhance urban mobility and sustainability within the company's service offerings.

Market Segment

This study forecasts regional and country revenue from 2022 to 2033. Spherical Insights has segmented the Africa electric scooter market based on the below-mentioned segments:

Africa Electric Scooter Market, By Product

• Retro
• Standing/Self-Balancing

Africa Electric Scooter Market, By Battery

• Sealed Lead Acid
• NiMH
• Li-Ion