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Redding, California - July 17, 2023

Europe Electric Scooter Market to Reach $60.6 Billion and 23.1 Million Units by 2030

Europe Electric Scooter Market by Vehicle Type (Electric Motorcycles, Electric Mopeds, E-scooters & Bikes), Power Output (Less Than 3.6kW, 3.6kW to 7.2kW), Battery Technology, Motor Type, Charging Type, End User, and Country - Forecast to 2030

Meticulous Research^®—a leading global market research company, published a research report titled, ‘Europe Electric Scooter Market by Vehicle Type (Electric Motorcycles, Electric Mopeds, E-scooters & Bikes), Power Output (Less Than 3.6kW, 3.6kW to 7.2kW), Battery Technology, Motor Type, Charging Type, End User, and Country - Forecast to 2030.’

According to this latest publication from Meticulous Research^®, the Europe electric scooters market is projected to reach $60.6 billion by 2030, at a CAGR of 20.4% from 2023–2030. The growth of the Europe electric scooters market is driven by the factors such as the increasing adoption of electric motorcycles and e-bikes for short commutes, the rising deployment of electric scooters for ride-sharing services in Europe, and the implementation of stringent emission regulations. Furthermore, rising health awareness among millennials is expected to offer lucrative opportunities for players operating in the Europe electric scooters market.

However, the high costs of electric two-wheelers, e-scooters, and bikes and the short lifespan of batteries are expected to restrain the growth of this market. In addition, the lack of regulations in the electric two-wheelers and micromobility space poses a challenge to the growth of this market.

Meticulous Research^® has segmented this market based on vehicle type, power output, battery technology, motor type, charging type, end user, and country for efficient analysis. The study also evaluates industry competitors and analyzes the market at country levels.

Based on vehicle type, the Europe electric scooters market is segmented into e-kick scooters & bikes, electric mopeds, and electric motorcycles. In 2023, the e-kick scooters & bikes segment is expected to account for the largest share of the Europe electric scooters market. The large market share of this segment is attributed to the increasing government subsidies and support to promote electric mobility in Europe, the increasing use of e-kick scooters & bikes in courier and e-commerce delivery applications, the increasing government subsidies and support to promote electric mobility, the growing demand for energy-efficient commuting, and the increasing investments by government authorities in the development of EV charging infrastructure.

Based on power output, the Europe electric scooters market is segmented into less than 3.6 kW, 3.6 kW to 7.2 kW, and 20 kW to 100 kW. In 2023, the less than 3.6 kW segment is expected to account for the largest share of the Europe electric scooters market. The large market share of this segment is driven by the increasing adoption of e-scooters & bikes for urban commute and recreational activities, rising initiatives by government authorities for increasing the adoption of e-scooters & bikes and increasing investments by ride-hailing companies; for deploying e-scooters & bikes for micromobility.

Based on battery technology, the Europe electric scooters market is segmented into sealed lead acid battery, lithium-ion battery, and lithium-ion polymer battery. In 2023, the lithium-ion battery segment is expected to account for the largest share of the Europe electric scooters market. The large market share of this segment is attributed to the growing use of electric and hybrid electric vehicles and the rising adoption of battery technology in the renewable energy industry.

Based on motor type, the Europe electric scooters market is segmented into hub motors and mid-drive motors. The hub motors segment is further segmented into geared hub motors and gearless hub motors. In 2023, the hub motors segment is expected to account for the largest share of Europe electric scooters. The growth of this segment can be attributed to the high flexibility of hub motors, their capability to drive all-wheel-drive versions, and the enhanced stability they offer to electric scooters.

Based on charging type, the Europe electric scooters market is segmented into connector charging and wireless charging. In 2023, the connector charging segment is expected to account for the largest share of Europe electric scooters. The growth of this segment is attributed to the potential to withstand range anxiety issues by a faster charging platform.

Based on end user, the Europe electric scooters market is segmented into government institutions, academic institutes/universities, business organizations, micromobility service providers, individuals, and other end users. In 2023, the business organizations segment is expected to account for the largest share of Europe electric scooters. Business organizations use e-scooters mostly for logistics. Some use e-scooters for courier and delivery services. Emco electroroller GmbH provides delivery e-scooters supplemented with practical transport boxes for pizza services, pharmacies, florists, and craftsmen. The benefits of using e-scooters for delivery are that the person can deliver in sensitive areas without noise pollution, saving operating costs.

Based on country, the Europe electric scooters market is segmented into Italy, Germany, the Netherlands, Poland, France, Belgium, Spain, Austria, Sweden, Greece, Romania, Hungary, Croatia, Finland, the U.K., Switzerland, Denmark, Norway, Slovakia, Portugal, Ireland, and the Rest of Europe. In 2023, Germany is expected to account for the largest share of Europe electric scooters. Germany’s major market share is attributed to increasing government incentives for EV adoption, government support for the deployment of charging infrastructure in the country, and investments from international players in the EV space.

Key Players:

The key players operating in the Europe electric scooters market are Energica Motor Company S.p.A. (Italy), Yamaha Motor Co., Ltd. (Japan), Niu Technologies (China), Riese & Müller GmbH (Germany), Leon Cycle (Germany‎), Govecs AG (Germany), Walberg Urban Electrics GmbH (Germany), myStromer AG (Switzerland), Zero Motorcycles, Inc. (U.S.), and emco electroroller GmbH (Germany).

Download Sample Report Here @ https://www.meticulousresearch.com/download-sample-report/cp_id=5239

Key Questions Answered in the Report:

Which are the high-growth market segments in terms of vehicle type, power output, battery technology, motor type, charging type, end user, and country?
What is the historical market size for Europe electric scooters systems?
What are the market forecasts and estimates for the period 2023–2030?
What are the major drivers, opportunities, and challenges in the Europe electric scooters market?
Who are the major players, and what shares do they hold in the Europe electric scooters market?
What is the competitive landscape like?
What are the recent key developments in the Europe electric scooters market?
What are the strategies adopted by major players in this market?
What are the key geographic trends and high-growth countries?

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Redding, California - July 17, 2023

Europe Electric Scooter Market to Reach $60.6 Billion and 23.1 Million Units by 2030

Europe Electric Scooter Market by Vehicle Type (Electric Motorcycles, Electric Mopeds, E-scooters & Bikes), Power Output (Less Than 3.6kW, 3.6kW to 7.2kW), Battery Technology, Motor Type, Charging Type, End User, and Country - Forecast to 2030

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