PUBLISHER: SkyQuest | PRODUCT CODE: 1647487
PUBLISHER: SkyQuest | PRODUCT CODE: 1647487
Europe Electric Scooter Market size was valued at USD 18.2 billion in 2023 and is poised to grow from USD 22.75 billion in 2024 to USD 135.6 billion by 2032, growing at a CAGR of 25.0% during the forecast period (2025-2032).
The electric scooter market is experiencing significant growth, encompassing various models such as electric kick scooters, motorbikes, and mopeds. These scooters, designed for ease of use in private and public transit, are increasingly popular for short commutes and shared mobility services in Europe. The rising demand is driven by their convenience, the enforcement of strict pollution regulations, and a growing emphasis on electric mobility to combat environmental issues. Factors such as the proliferation of smartphone apps for reservations and parking reservations play a critical role in market dynamics. Furthermore, ongoing technological advancements continue to enhance service offerings and overall user experience, further propelling the adoption and integration of electric scooters across urban landscapes.
Top-down and bottom-up approaches were used to estimate and validate the size of the Europe Electric Scooter market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.
Europe Electric Scooter Market Segments Analysis
Europe Electric Scooter Market is segmented by Vehicle Type, Power, Technology, Motor, Charging, End User and region. Based on Vehicle Type, the market is segmented into E-Kick Scooters & Bikes, Electric Mopeds and Electric Motorcycles. Based on Power, the market is segmented into Less than 3 Kw, 4 Kw to 20 Kw and 21 Kw to 100 Kw. Based on Technology, the market is segmented into Sealed Lead Acid Battery, Lithium-ion Battery and Lithium-ion Polymer Battery. Based on Motor, the market is segmented into Hub Motors and Mid-drive Motors. Based on Charging, the market is segmented into Connector Charging and Wireless Charging. Based on End User, the market is segmented into Government Institutions, Academic Institutes/Universities, Business Organizations, Micromobility Service Providers, Individuals and Other End Users. Based on Country, the market is segmented into Germany, Spain, France, UK, Italy, Rest of Europe.
Driver of the Europe Electric Scooter Market
The growth of the electric scooter market in Europe is significantly fueled by the rise of e-commerce platforms. These digital marketplaces offer a convenient option for both consumers and sellers to engage in transactions, making the purchasing process smoother and more accessible. As a result, buyers can explore a wide selection of brands and products from the comfort of their homes, while sellers can effectively widen their reach and attract a diverse customer base. This synergy between e-commerce and electric scooters not only enhances consumer choice but also accelerates market development across the continent.
Restraints in the Europe Electric Scooter Market
The Europe Electric Scooter market faces significant restraints stemming from financial challenges experienced by consumers, largely due to employment and income cuts. As a result, individuals are prioritizing essential expenses and refraining from spending on non-essential items, including electric scooters. The COVID-19 pandemic severely affected numerous economic sectors, notably urban transportation and the automotive industry, leading to substantial disruptions. Major manufacturers struggled to cope with government mandates, which necessitated complete shutdowns or operations at diminished capacity. This cautious consumer spending behavior, compounded by the pandemic's aftermath, poses a considerable obstacle to the growth of the electric scooter market in Europe.
Market Trends of the Europe Electric Scooter Market
The European electric scooter market is experiencing a robust upward trend driven by the rising adoption of eco-friendly transportation options such as electric motorcycles and e-bikes, particularly for short commutes. The popularity of electric scooters in ride-sharing services is expanding, enhancing their accessibility and convenience in urban areas. Additionally, stringent emission regulations implemented by European governments are pushing consumers and businesses alike towards sustainable mobility solutions. Coupled with a growing health consciousness among millennials, who favor active and environmentally responsible transport methods, these factors create a fertile landscape for innovative electric scooter offerings, positioning the market for significant growth in the coming years.