Europe Electric Bikes and Electric Scooters Market was valued at USD 12.5 Billion in 2022 and is projected to reach USD 20.1 Billion by 2030, growing at a CAGR of 7.8% from 2024 to 2030.
Europe's electric bikes (e-bikes) and electric scooters (e-scooters) market has seen remarkable growth in recent years, driven by the increasing demand for sustainable and eco-friendly transportation options. As urban populations continue to rise, these two-wheeled vehicles are becoming a staple for short-distance commuting, offering a viable alternative to traditional cars and public transportation. The market's evolution has led to various types of electric bikes and scooters, each designed to meet the diverse needs of industries and consumers.
When it comes to the type of electric bikes and scooters, the market is segmented into several categories based on design, usage, and features. For electric bikes, the most common types include commuter bikes, folding bikes, mountain bikes, and cargo bikes. Each of these has its own set of requirements in terms of battery life, speed, and frame construction. For instance, commuter e-bikes require compact frames and long-lasting batteries, whereas mountain bikes demand enhanced suspension systems and rugged tires to handle rough terrains.
Electric scooters, on the other hand, are primarily classified into two types: kick-scooters and seated scooters. Kick-scooters are lightweight and ideal for short commutes or last-mile connectivity, while seated scooters are designed for longer journeys, providing added comfort. These vehicles have become increasingly popular in cities due to their ability to navigate through traffic efficiently and contribute to reducing urban congestion.
The growing industrial demand for electric bikes and scooters stems from the desire to integrate sustainable transportation into logistics, delivery services, and even corporate fleets. Companies in the logistics sector, for example, are adopting electric bikes for their last-mile delivery services, as they are cost-effective and environmentally friendly. Additionally, the tourism and leisure industries are incorporating e-bikes into their offerings, providing an eco-conscious option for guided tours and outdoor activities.
In terms of market requirements, industries demand electric bikes and scooters with high-performance batteries, durable materials, and smart features like GPS tracking, app integration, and enhanced safety systems. These features not only increase the overall appeal of these vehicles to consumers but also cater to the needs of businesses looking to optimize their operations. The rise of electric vehicles, including both e-bikes and e-scooters, aligns with the global push towards green energy and reduced carbon emissions, making them an essential part of Europe's evolving transportation ecosystem.
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Yadea
AIMA
Accell Group
Giant
TAILG
XDAO
Dahon
SUNRA
Lvyuan
Jinjian
LIMA
Niu Technologies
BYYIN
Lvjia
Zuboo
Lvneng
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Europe Electric Bikes and Electric Scooters Market
Electric Bikes
Electric Scooters
Lithium-ion Batteries
Lead-acid Batteries
Nickel-Metal Hydride Batteries
Hub Motor
Mid-drive Motor
Geared Motor
Gearless Motor
Low-speed Electric Bikes and Scooters
Medium-speed Electric Bikes and Scooters
High-speed Electric Bikes and Scooters
Individual Users
Commercial Users
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Europe Electric Bikes and Electric Scooters Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Europe Electric Bikes and Electric Scooters Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Europe Electric Bikes and Electric Scooters Market, By Type
6. Europe Electric Bikes and Electric Scooters Market, By Application
7. Europe Electric Bikes and Electric Scooters Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Europe Electric Bikes and Electric Scooters Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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