Europe Electric Scooters Market Size & Growth (2019 - 2025)
The European electric scooter market generated sales of 167.2 million dollars in 2018 and is expected to grow at a CAGR of 26.2% during the forecast period.
Electric scooters also offer benefits such as the additional information that is required of a license, insurance, inspection and driver license permits to promote market growth.
Shared services added comfort to the general public. Especially for people who do not have a car. As these services begin, users can travel to their destinations without paying the secondary costs, including maintenance, insurance claims, and parking, without having to have a vehicle, which is a primary driver for the European Electric Scooters Market. Another major driver of the European electric scooter market is the significant technological development in the distribution of services and the concern for the emissions of greenhouse gases. The market for electric motorcycle exchange services depends to a great extent on providers and mobile applications that connect passenger reservations, vehicle parking and subsidies. Due to the technological innovation, several concepts have been developed and integrated to help Electric Scooters Market in Europe to grow.
Cloud computing has helped the market to provide users with access to computer services, such as networks, software, storage, databases, servers and analytics on the Internet and at a minimal cost. Therefore, as technology advances, local markets are becoming increasingly active. In addition, the load of these vehicles must be protected to prevent battery damage. Also, the battery overload can cause permanent damage and the vehicle will no longer work properly.
The main growth opportunity for players in the European electric scooter and motorcycle market is the growing demand for last-mile delivery vehicles for food, beverages and groceries in the region. The shipment of the last mile is called the transfer of merchandise from the center to the final destination. With the growing number of food and beverage outlets throughout Europe, demand for delivery alternatives has increased and has allowed market participants to replace existing delivery models with products that respect the environment and do not require maintenance.
This research report on the Europe Electric Scooters Market is segmented and sub-segmented into the following categories:
Europe Electric Scooters Market Analysis - By Battery Type:
Based on battery type, the electric scooters are equipped with lithium-ion batteries resulted in an increase in sales in Europe in 2018. This is due to the increase in the demand for high-performance motorcycles of long-distance and the decline in prices these batteries.
Europe Electric Scooters Market Analysis - By Battery Capacity:
- <1 kWh
- 1–2.5 kWh
- >2.5 kWh
Europe Electric Scooters Market Analysis - By Range:
- <50 km
- 50–100 km,
- 101–150 km
- >150 km
Europe Electric Scooters Market Analysis - By Voltage:
- 48 V
- 60 V
- 72 V
- 100 V
- >100 V
Europe Electric Scooters Market Analysis – By Region:
- United Kingdom
- Rest of Europe
France, during the historical period, represented the largest participation in the European electric scooter market. However, it is expected that Spain will be the largest market in the market in this region at its nominal value until 2024. This is due to the fact that these scooters are gaining popularity in the main cities as there are many new players from the hagubalhae scooter culture all over the country. In addition, the Spanish government has taken one of the main consumption measures at the regional and national levels in the existing two-wheeled vehicle to be converted to the electric variant.
Companies leading the Europe Electric Scooters Market profiled in this report are:
- GOVECS AG
- Torrot Electric Europa SA, a GmbH
- Askoll EVA SpA
- Piaggio & C. SpA
- BMW AG
- Kwang Yang Motor Co.
- Niu Technologies
- Raig Motors Corp
- Zero Motorcycle Inc.
- Scutum Logistic SL
- Alta Motors
- Etrix AG
- Emco electroroller GmbH.
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