Europe Electric Mobility Market Size & Outlook, 2022-2030
Related Markets
Europe electric mobility market highlights
- The Europe electric mobility market generated a revenue of USD 22,293.1 million in 2022.
- The market is expected to grow at a CAGR of 13.6% from 2023 to 2030.
- In terms of segment, chain drive was the largest revenue generating drive type in 2022.
- Chain Drive is the most lucrative drive type segment registering the fastest growth during the forecast period.
- Country-wise, Germany is expected to register the highest CAGR from 2023 to 2030.
Europe data book summary
| Market revenue in 2022 | USD 22,293.1 million |
| Market revenue in 2030 | USD 62,045.6 million |
| Growth rate | 13.6% (CAGR from 2022 to 2030) |
| Largest segment | Chain drive |
| Fastest growing segment | Chain Drive |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Belt Drive, Chain Drive, Hub Drive |
| Key market players worldwide | Bayerische Motoren Werke AG, Honda Motor Co Ltd, Gogoro Inc, PIERER Mobility AG, Mahindra & Mahindra Ltd DR, Ninebot, Suzuki Motor Corp, Terra Motors, Yamaha Motor Co Ltd, Vmoto |
Other key industry trends
- In terms of revenue, Europe region accounted for 20.4% of the global electric mobility market in 2022.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- North America is the fastest growing regional market and is projected to reach USD 21,040.3 million by 2030.
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Electric Mobility Market Scope
Electric Mobility Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Vmoto | View profile | - | London, England, United Kingdom, Europe | http://vmoto-uk.com/ |
| Yamaha Motor Co Ltd | View profile | 65477 | 2500, Shingai, Iwata, Shizuoka, Japan, 438-8501 | http://www.yamaha-motor.co.jp |
| Terra Motors | View profile | 51-100 | Tokyo, Tokyo, Japan, Asia | https://terramotors.co.jp/ |
| Ninebot | View profile | 251-500 | Beijing, Beijing, China, Asia | http://ninebot.com |
| Mahindra & Mahindra Ltd DR | View profile | 61874 | Dr. G. M. Bhosale Marg, Mahindra Towers, 5th Floor, Worli, Mumbai, MH, India, 400 018 | https://www.mahindra.com |
| PIERER Mobility AG | View profile | 6097 | Edisonstrasse 1, Wels, Austria, 4600 | https://www.pierermobility.com |
| Gogoro Inc | View profile | 1892 | No. 225, Section 2, Chang’an E. Road, 11th Floor, Building C, SongShan District, Taipei, Taiwan, 105 | https://www.gogoro.com |
| Bayerische Motoren Werke AG | View profile | 154950 | Petuelring 130, Munich, BY, Germany, 80809 | https://www.bmwgroup.com |
| Suzuki Motor Corp | View profile | 114903 | 300 Takatsuka-cho, Minami-ku, Shizuoka, Hamamatsu, Japan, 432-8611 | https://www.globalsuzuki.com |
| Honda Motor Co Ltd | View profile | 194993 | Number 1-1, Minami-Aoyama 2-chome, Minato-ku, Tokyo, Japan, 107-8556 | https://global.honda |
Europe electric mobility market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to electric mobility market will help companies and investors design strategic landscapes.
Chain drive was the largest segment with a revenue share of 49.15% in 2022. Horizon Databook has segmented the Europe electric mobility market based on belt drive, chain drive, hub drive covering the revenue growth of each sub-segment from 2018 to 2030.
- Europe Electric Mobility Drive Type Outlook (Revenue, USD Million, 2018-2030)
- Hub Drive
- Belt Drive
- Chain Drive
- Europe Electric Mobility End-Use Outlook (Revenue, USD Million, 2018-2030)
- Personal
- Commercial
- Europe Electric Mobility Battery Outlook (Revenue, USD Million, 2018-2030)
- Lithium-ion Battery
- Lead-acid Battery
- Others
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Target buyers of Europe electric mobility market databook
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Our clientele includes a mix of electric mobility market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Europe electric mobility market , including forecasts for subscribers. This continent databook contains high-level insights into Europe electric mobility market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Europe electric mobility market size, by country, 2018-2030 (US$M)
Europe Electric Mobility Market Outlook Share, 2022 & 2030 (US$M)
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