Electric Karting Market Insights Video

According to Cognitive Market Research, the global Electric Karting market size was USD 50321.5 million in 2024. It will expand at a compound annual growth rate (CAGR) of 6.00% from 2024 to 2031.

• North America held the major market share for more than 40% of the global revenue with a market size of USD 20128.60 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.2% from 2024 to 2031.
• Europe accounted for a market share of over 30% of the global revenue with a market size of USD 15096.45 million.
• Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 11573.95 million in 2024 and will grow at a compound annual growth rate (CAGR) of 8.0% from 2024 to 2031.
• Latin America had a market share of more than 5% of the global revenue with a market size of USD 2516.08 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.4% from 2024 to 2031.
• Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 1006.4 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.7% from 2024 to 2031.
• The Fast segment of the electric karting industry is typically the most popular