Europe Electric Scooters and Motorcycles Market Research Report

1. Europe Electric Scooters and Motorcycles Market by Product, Power, Cooling System, Maximum Speed, Battery Type, Growth, and Demand Forecast to 2025

2. The European electric scooters and motorcycles market is expected to reach $892.4 million by 2025, with a CAGR of 26.2% during the forecast period, according to P&S Intelligence. The major driving factors for the growth of the market are deployment of electric scooters for sharing services, rising concerns over greenhouse gas emissions, government initiatives, and implementation of stringent emission regulations. The rising concerns over greenhouse gas emissions coupled with introduction of several government initiatives is a major factor for the growth of the European electric scooters and motorcycles market. Accelerating rate of environmental degradation caused by greenhouse gas emissions has become a major concern for governments across the world. This has resulted in various government initiatives to reduce carbon emissions on a large scale.

3. Based on voltage, the European electric scooters and motorcycles market is classified into 48 V, 60 V, 72 V, and 100 V and above. Among these, electric scooters and motorcycles having battery voltage of 60 V dominated the European market in 2018, accounting for over 40% share in terms of volume. This is mainly due to the growing consumers’ demand for high-speed vehicles, along with durable body and improved aesthetics. On the basis of battery type, the European electric scooters and motorcycles market is categorized into sealed lead acid and lithium-ion (li-ion). The electric scooters and motorcycles equipped with li-ion batteries accounted for higher sales volume in the European market in 2018. This is attributed to the rising demand for long-range high-powered two-wheelers, and gradually falling prices of these batteries. Increased demand for high-powered electric motorcycles is a key trend witnessed in the market The demand for high-powered electric motorcycles is increasing in the European countries. Due to their higher power levels, electric motorcycles witnessed over 100% increase in their sales in 2018, from the preceding year. Many original equipment manufacturers (OEMs) of conventional gasoline-based vehicles have announced their plans of introducing high-powered electric motorcycles in the near future. Thus, the increasing demand for electric motorcycles with high-power engine is one of the key trends observed in the European electric scooters and motorcycles market.

4. France was the largest electric scooters and motorcycles market in 2018 France held the largest share in the European electric scooters and motorcycles market during the historical period, accounting for over 25% sales volume in 2018. However, Spain is expected to be the largest market for electric scooters and motorcycles in Europe during the forecast period. This is due to the fact that introduction of scooter sharing business is getting popular in major cities of the country and many new players have started their operation in Barcelona as the scooter culture is vibrant in the city. Europe Electric Scooters and Motorcycles Market Competitive Landscape Some of the major players operating in the European electric scooters and motorcycles market are GOVECS AG, Gogoro Inc., TORROT ELECTRIC EUROPA S.A., Kwang Yang Motor Co. Ltd., unu GmbH, BMW AG, Niu Technologies, Askoll EVA SpA, Zero Motorcycles Inc., Lightning Motors Corp., Alta Motors, Scutum Logistic S.L., emcoelectroroller GmbH, ETRIX AG, and Piaggio & C. SpA. Request to Get the Sample Report@ https://www.psmarketresearch.com/market-analysis/europe-electric-scooters-and-motorcycles-market/report-sample

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