Gas Scooter Market Size, Share, Growth, and Industry Analysis, By Type (Above 50cc, Below 50cc), By Application (Commercial, Personal), and Regional Forecast to 2032

GAS SCOOTER MARKET OVERVIEW

The global Gas Scooter market size expanded rapidly XX in 2023 and is projected to grow substantially XX  by 2032, exhibiting a prodigious CAGR XX during the forecast period.

Personal mobility solutions such as the gas scooter can be regulated cognately due to the heightened demand for gas scooter solutions that are cheap to fuel, very efficient in their functionality, reliable and versatile. Scooters are popular among city workers because their size makes them easily mobile in traffic; they are easier to maintain than large-car models. They are particularly preferred in areas that exhibit high population density among them the Asia-Pacific region, where two-wheelers hold the majority in the urban transport sector. With electrification and improved fuel efficiency the current gas scooters produced by manufacturers meet global sustainable development standards. Alexander (2008) explains that emerging markets in Africa and South America add more support through increasing disposable income to counterbalance the inadequacy of public transportation systems. According to the top manufacturers, new models boast lighter constructions, better mileage, and further options to meet all consumers’ needs and wants. The competition has come closer due to the introduction of electric scooters but QTOOT still has wider options, availability for a reasonable price, and more importantly the beneficiary refuelling. This market still offers considerable dynamism in relation to the changing consumers and regulatory environment.

GLOBAL CRISES IMPACTING GAS SCOOTER MARKETCOVID-19 IMPACT

Gas Scooter market Had a Negative Effect Due to Disruption in Supply Chain and Consumer Demand during COVID-19 Pandemic

The global COVID-19 pandemic has been unprecedented and staggering, with the market experiencing lower-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden market growth reflected by the rise in CAGR is attributable to the market’s growth and demand returning to pre-pandemic levels.

New, long-lasting lockdowns and restricted productions as well as supply chain interruptions during the COVID-19 pandemic also affected development of the Gas Scooter market share. The global travel banister the demand for personal mobility as workers had to move around less frequently. Saving the problem’s core, the availability of the gas scooters in the market was an issue because factories struggled with a workforce deficit and production slowdowns. However, shifting of economic risk and reduced disposable income also reduced the general demand of new vehicles. Besides this, people became more conscious of their health and the environment after the pandemic so demand rose for electric scooters while putting more pressure on the traditional gas scooter market. The issues raised gave an indication of when the sector is actual vulnerable to other shocks and the need to design other ways of coping.

LATEST TREND

"Growing Emphasis on Fuel-Efficient to Drive Market Growth"

One emerging pattern in the market of gas scooters is the increasing focus on the energy-saving gas scooters. Companies are now developing models of their gas scooters due to the increasing demand of efficiency and declining; notably, scooters with less engine powers for instance less than 50cc scooter models are becoming more and more popular due to their fuel efficiency, emissions, and cost of the scooters. Further, to make scooter more environment friendly, few manufacturers are offering LPG and CNG as additional fuel choice. This surge corresponds with the on-going efforts towards environment friendly transportation facilities that are believed to enhance market growth especially in the urban centers. Many of the existing manufacturers of motorcycle including Honda, Yamaha and Suzuki are embracing such enhancements to shape the market into an innovative one.

GAS SCOOTER MARKET SEGMENTATION

BY TYPE

Based on Type, the global market can be categorized into Above 50cc, Below 50cc

• Above 50cc: Any scooter that goes above the capacity of 50cc” is going to be faster, more powerful and better suited for longer travels. Such scooters are generally favored by adults, and for operation under relatively challenging circumstances since they are endowed with both performances coupled with efficiency in fuel consumption.
• Below 50cc: These gas scooters are convenient and suitable for short distances and city’s motorcycle traffic with less speed and greater economy. The bikes are small and lightweight, offer small engines, therefore they are cheap, easy to control and have less impact on the environment, are used mostly by the young people and students.

 BY APPLICATION

Based on application, the global market can be categorized into Commercial, Personal

• Commercial: These gas scooters are convenient and suitable for short distances and city’s motorcycle traffic with less speed and greater economy. The bikes are small and lightweight, offer small engines, therefore they are cheap, easy to control and have less impact on the environment, are used mostly by the young people and students.
• Personal: Especially, the personal gas scooters are used as personal transport for people who are convenient, economic and flexible for the users during their daily travelling. Commuters, students, and people needing cheap sensitive personal transportation are the most likely to be attracted to those scooters since they are mostly lighter than the average types.

MARKET DYNAMICS

Market dynamics include driving and restraining factors, opportunities and challenges stating the market conditions.     

DRIVING FACTORS

"Rising Fuel Prices to Boost the Market"

Mainly due to rising fuel prices worldwide, many consumers are opting for other fuel efficient means of transportation such as the gas scooter. For a shorter distance travel than cars, costs of fuel consumed by this product are less than that of scooters hence; Gas Scooter market growth in developed and developing markets. It is believed to rise further because people are trying to look for possible means in order to counter the effects of increasing transport costs, in addition to traffic problems in the urban zones, and subjection to parking fees.

"Urbanization and Traffic Congestion to Expand the Market"

Due to the population density, congestion of the roads and limited availability of parking space because of increasing urbanization has boosted the demand for small size economic personal transport equipment such as gas scooters. The former allow for manoeuvrable in their utilization, which means they can easily get through traffic and areas which other cars cannot easily access. The use of gas scooters is perceived as solving the issues arising from the overcrowded nature of city operations and the ways they make getting around stressful.

RESTRAINING FACTOR

"Environmental Regulations on Emissions Impede Market Growth"

However, every economy is implementing emission control laws, making it a challenge to the market competitively due to environmental conservation slogans around the global. Governments are implementing more strict measures to reduce emissions from vehicles, which should slow the manufacturing and distribution of standard gasoline-powered scooters themselves. These regulations could either cost manufacturers more to meet these standards or compel them to switch to other fuels or electric scooters thus restraining the expansion of the gas scooter market in environmentally sensitive markets.

OPPORTUNITY

"Expansion in Emerging Markets to Create Opportunity for the Product in the Market"

The world has enormous and still growing potential for increasing consumption, and especially in rapidly developing Asian, African, and Latin American markets. In these regions urbanization and rising awareness, inadequate public transport and higher disposable incomes are making people use gas scooters. These markets can be accessed by presenting models that are cheaper, built to last and are fuel efficient to target a large pool of potential customers who use two wheelers for commuting and business use.

CHALLENGE

"Competition from Electric Scooters Could Be a Potential Challenge "

Currently, the main threat to the growth of the gas scooter market is the proliferation of electric scooters. The cost utilization of electric scooters is relatively less than other modes of transport hence environmentally friendly regulatory frameworks and market consumers’ preferences favour the use of electric scooters. The problem is that more governments and consumers pay attention to environmentally friendly technology while electric scooter’s market is developing at a very fast pace. The evolution of the towing industry forces manufacturers to either develop new approaches to fuel efficiency or look for hybrid solutions to stay relevant in the current environment.

GAS SCOOTER MARKET REGIONAL INSIGHTS

• NORTH AMERICA (U.S. COMPULSORY)

In North America especially U.S. Gas Scooter market has enjoyed a high demand in the market because people are in need of a faster, efficient and cheap mode of transport and especially in areas with massive traffic jams. The use of scooters as an option to small cars for daily commuting is also growing strongly due to reasons of economy and environmentalism. Also, the fact that it is supplied by major scooter producers like Honda, Yamaha and Suzuki also add to the strength of the market in the region. However, they revealed that the demand for gas scooters is still relatively high owing to the stable foundations and popularity among consumers.

• EUROPE

Europe is another large and significant market for the gas scooter since scooters are traditional vehicles in Italy, Spain, Greece and some other European countries. There is traffic jam and little parking space in the regions urban centers which makes the gas scooter convenient. Also, a supportive government attitude towards two-wheeled vehicles, including policies and stimulus, and the growing need for low-cost and efficient transportation are pushing the market. Yet, the regulations on the environment that have been put in place regarding electric mobility may slow growth in some countries as consumers turn to greener options.

• ASIA

Asia remains the largest market for gas scooters especially in the India, China and other south east Asian countries due to rapid urbanization and growth of middle income households and need for fuel efficient transport. Why people use gas scooters for shuttling from one place to another or for delivering goods in overcrowded areas such as towns? A wide manufacturing industry in the region also contributes by costing lower amounts of money hence making gas scooters easily accessible in the market. The trend is further supported by the growth of the infrastructure and the increasing use of environmentally friendly transportations.

KEY INDUSTRY PLAYERS

"Key Industry Players Shaping the Market through Innovation and Market Expansion"

Key enterprise players are shaping the gas scooter market through strategic innovation and marketplace growth. These agencies are Honda, Yamaha, Suzuki, Piaggio, and Kymco. These companies enjoy broad market niches due to their wide array of products, brand name and territories covered. Honda for instance can be seen and known to have efficiently powered models in the market and its steady economic strengths for both superior and developing economic zones. Yamaha has been producing high quality scooters with excellent performance and Suzuki is also taking some initiative in designing new scooters. The Vespa brand of Piaggio involves the sale of stylish and comfortable scooters with the emphasis on their background. As a result, Kymco offers a portfolio of economical scooters for all consumer types with increased focus on emerging markets.

LIST OF TOP GAS SCOOTER MARKET

• ScooterX  (U.S.)
• Monster Moto (U.S.)
• Moto-Tec (U.S.)
•  X-Treme (U.S.)

KEY INDUSTRY DEVELOPMENTS

September 2024: ScooterX being one of the main competitors in this line of production. Owing to the launch of this new model of the gas scooter the company announced it had improved the fuel efficiency of the scooter’s engine. This model is to be targeted both, commercial and personal markets with a more sustainable version of scooter to ride. The increased popularity of more environmentally friendly vehicles is expected to further expand ScooterX’s positioning in North American and European markets when entering this highly saturated segment.

REPORT COVERAGE

Gas scooter market is slowly growing due to the rising need for fuel-efficient vehicles for personal use or for last mickle deliveries. Other drivers that include traffic jam, increased fuel price, and need for environment friendly transport also have continued to drive the market growth especially Asia and Europe region. There is a greater concentration among companies in increasingly enhancing scooters motors and fuel economy, especially among the new models. However, for the market there are threats emanating from increasing usage of electric scooters which are environmentally friendly. Nevertheless, one finds that the market for gas scooters remains lucrative because the machinery is relatively cheaper, has great range, and is easy to maintain. It is expected that competition between main manufacturers, including Honda and Yamaha as well as new entrants such as X-Treme and Scooter X will be strong within this market, requiring constant both a new product development and the expansion of offering to new market segments.