Europe Electric Scooters Market Overview
Europe's Electric Scooters Market Size was valued at USD 16.5 Billion in 2022. The Electric Scooters market is projected to grow from USD 20.5 Billion in 2023 to USD 121.1 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 24.80% during the forecast period (2024 - 2032). A growing number of people using electric scooter-sharing services is one of the major drivers driving the electric scooter market in Europe. Lowering the price of electric scooters is driving the market growth.
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Europe Electric Scooters Market Trends
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Rising demand for fuel-efficient e-scooters is driving the market growth
The European Electric Scooters (CAGR) market is expanding because E-scooters with low fuel consumption are frequently less expensive than conventional internal combustion engine (ICE) automobiles. Because they require less fuel, electric scooters are a desirable choice for anyone on a tight budget. Customers choose electric scooters as an environmentally responsible substitute as worries about climate change and environmental sustainability increase. When comparing electric scooters to conventional gasoline-powered cars, fewer emissions are produced. European governments encourage using electric vehicles, including scooters, by offering tax breaks, subsidies, and other perks. An electric scooter that uses less fuel is more cost-effective overall due to these advantages. Electric scooters require less maintenance because they typically have fewer moving parts than conventional cars. This financial benefit increases consumers' attraction to fuel-efficient e-scooters.
Additionally, micro-mobility services can effectively and conveniently address last-mile connectivity, especially those that utilize electric scooters. They provide a smooth traveling experience by bridging the distance between public transit stops and ultimate destinations. As cities become more urbanized in Europe, problems like parking shortages and traffic jams become more prevalent. Electric scooters offer a useful substitute for maneuvering through crowded metropolitan areas when used in conjunction with micro-mobility services. Micro-mobility services, such as electric scooters, serve travelers searching for affordable and practical ways to get around and see the area's attractions in European towns with heavy tourist traffic. Thus, driving the Electric Scooters market revenue.
Europe Electric Scooters Market Segment Insights
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Electric Scooters Vehicle Type Insights
Based on Vehicle Type, Europe's Electric Scooters segmentation includes E-Kick Scooters & Bikes, Electric Mopeds, and Electric Motorcycles. The e-kick scooters & bikes category is estimated to account for the largest share of the European electric scooters market. The growing use of e-kick scooters and bikes in courier and e-commerce delivery applications, the growing demand for energy-efficient commuting, the growing government subsidies and support to promote electric mobility, and the increasing investments by government authorities in the development of EV charging infrastructure are all factors contributing to this segment's large market share.
Figure 1: Europe Electric Scooters Market, by Vehicle Type, 2023 & 2032 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Electric Scooters Power Output Insights
Based on Power Output, the Europe Electric Scooters market segmentation includes less than 3.6 kW, 3.6 kW to 7.2 kW, and 20 kW to 100 kW. The less than 3.6 kW segment dominated the market. The growing use of e-scooters and bikes for recreational and urban commuting, increased government initiatives to promote e-scooters and bikes, and rising investments by ride-hailing companies to deploy e-scooters and bikes for micromobility are the main drivers of this segment's large market share.
Electric Scooters Battery Technology Insights
Based on Battery Technology, Europe's Electric Scooters segmentation includes sealed lead acid battery, lithium-ion battery, and lithium-ion polymer battery. The sealed lead acid battery segment dominated the market in 2023 with a sizable market share because of its dependability and advantages in terms of cost. Rechargeable batteries may be fully charged 300 times before they run out of power. They are the least durable and weigh more than lithium-ion batteries.
Electric Scooters Motor Type Insights
Based on Motor Type, Europe's Electric Scooters segmentation includes hub motors and mid-drive motors. The hub motors category has the largest market share. Hub motors' high level of flexibility, capacity to power all-wheel-drive models, and the increased stability they provide for electric scooters all contribute to this segment's expansion.
Electric Scooters Charging Type Insights
Based on Charging Type, Europe's Electric scooter segmentation includes connector charging and wireless charging. The connector charging category has the largest market share. One significant trend in the market for electric vehicles, especially electric scooters, is the need for quicker charging options. Faster charging times are made possible by charging connectors with higher power levels.
Electric Scooters End User Insights
Based on End Users, Europe's Electric Scooters segmentation includes government institutions, academic institutes/universities, business organizations, micromobility service providers, individuals, and other end users. The business organizations category is the leading market share. Business organizations primarily use e-scooters for logistics. Some people utilize e-scooters for delivery and courier services. For delivery e-scooters and handy transport boxes, Emco Electroroller GmbH caters to pizza services, pharmacies, florists, and artisans. Using e-scooters for deliveries allows the driver to deliver without creating noise pollution and saves money on operational expenses.
Electric Scooters Country Insights
The largest market share is expected to be in Germany. Electric scooter manufacturers could find a market in Germany, as it is one of the world's leaders in urban transportation. The market will develop due to the growing population, increasing concerns about carbon footprints, the rapid adoption of electric vehicles (EVs), and the rise of the renewable energy industry. Additionally, the country's growing EV adoption subsidies, government support for the installation of charging infrastructure, and international company’s investments in the EV market are all considered key factors contributing to Germany's significant market share.
Figure 2: Europe Electric Scooters Market Share By Region 2023 & 2032 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Europe Electric Scooters Key Market Players & Competitive Insights
Major players in the sector are expanding their product lines and investing heavily in R&D, which is fueling the growth of the Electric Scooters market. Market participants are also taking part in several strategic initiatives to increase the size of their market share. Significant developments include new product introductions, contract agreements, mergers and acquisitions, higher investment levels, and collaboration with other organizations. The Electric Scooters industry needs to offer reasonably priced products to thrive in a highly competitive and ever-changing market.
Businesses engaged in research and development are trying to boost demand for Electric Scooters from major participants in the market, including Energica Motor Company S.p.A., Yamaha Motor Co., Ltd., Niu Technologies, Riese & Müller GmbH, Leon Cycle, Govecs AG, Walberg Urban Electrics GmbH, myStromer AG, and emco electroroller.
Key Companies in the Europe Electric Scooters market include.
Europe Electric Scooters Industry Developments
November 2022: At the Milan Motorcycle Show, the Piaggio Group-owned brand Aprilia unveiled Electrica, its first electric bike, in the supermoto class.
November 2022: The Piaggio Group introduced the Piaggio 1 Active, a new version of the Piaggio 1 electric scooter for 2023. With its 3-kWh battery, the scooter can reach a maximum speed of 60 km/h.
Europe Electric Scooters Market Segmentation
Electric Scooters Vehicle Type Outlook
- E-Kick Scooters & Bikes
- Electric Mopeds
- Electric Motorcycles
Electric Scooters Power Output Outlook
- Less than 3.6 Kw
- 3.6 Kw to 7.2 Kw
- 20 Kw to 100 Kw
Electric Scooters Battery Technology Outlook
- Sealed Lead Acid Battery
- Lithium-ion Battery
- Lithium-ion Polymer Battery
Electric Scooters Motor Type Outlook
- Hub Motors
- Mid-drive Motors
Electric Scooters Charging Type Outlook
- Connector Charging
- Wireless Charging
Electric Scooters End User Outlook
- Government Institutions
- Academic Institutes/Universities
- Business Organizations
- Micromobility Service Providers
- Individuals
- Other End Users
Electric Scooters Regional Outlook
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Sweden
- Denmark
- Luxembourg
- Norway
- Austria
- Rest of Europe
| Report Attribute/Metric |
Details |
| Market Size 2022 |
USD 16.5 Billion |
| Market Size 2023 |
USD 20.5 Billion |
| Market Size 2032 |
USD 121.1 Billion |
| Compound Annual Growth Rate (CAGR) |
24.80% (2024-2032) |
| Base Year |
2023 |
| Market Forecast Period |
2024-2032 |
| Historical Data |
2019- 2022 |
| Market Forecast Units |
Value (USD Billion) |
| Report Coverage |
Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends |
| Segments Covered |
Vehicle Type, Power Output, Battery Technology, Motor Type, Charging Type, End User and Region |
| Region Covered |
Europe |
| Countries Covered |
Germany, France, UK, Italy, Spain, Sweden, Denmark, Luxembourg, Norway, Austria, and the Rest of Europe |
| Key Companies Profiled |
Energica Motor Company S.p.A., Yamaha Motor Co., Ltd., Niu Technologies, Riese & Müller GmbH, Leon Cycle, Govecs AG, Walberg Urban Electrics GmbH, myStromer AG, and emco electroroller |
| Key Market Opportunities |
· Using Smart Infrastructure and IoT to Manage Load in Electric Two-Wheeler Charging Stations · Growing awareness regarding electric vehicles in the European region |
| Key Market Dynamics |
· A growing number of people are using electric scooter-sharing services · Lowering the price of electric scooters |
Frequently Asked Questions (FAQ) :
The European electric scooter market size was valued at USD 20.5 Billion in 2023.
The market is projected to grow at a CAGR of 24.80% during the forecast period, 2024-2032.
The key players in the market are Energica Motor Company S.p.A., Yamaha Motor Co., Ltd., Niu Technologies, Riese & Müller GmbH, Leon Cycle, Govecs AG, Walberg Urban Electrics GmbH, myStromer AG, and emco electroroller, among others.
The e-kick scooters & bikes category dominated the market in 2023.
The less than 3.6 Kw category had the largest share of the market.
