TOP 10 COMPANIES IN EUROPE ELECTRIC SCOOTER MARKET

The Europe Electric Scooter Market to reach $60.6 billion by 2030, at a CAGR of 20.4% from 2023 to 2030. By volume, this market is projected to reach 23.1 million units by 2030, at a CAGR of 19% from 2023 to 2030. The growth of the electric scooters market is mainly attributed to 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. Rising health awareness among millennials is expected to offer lucrative opportunities to the market. However, the high cost of electric motorcycles, and e-scooters & bikes and the short lifespan of batteries are likely to hinder the market’s growth.

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