Europe Electric Scooters Market Size & Outlook, 2025-2033

The electric scooters market in Europe is expected to reach a projected revenue of US$ 13,314.7 million by 2033. A compound annual growth rate of 8.1% is expected of Europe electric scooters market from 2025 to 2033.
Revenue, 2024 (US$M)
$6,398.2
Forecast, 2033 (US$M)
$13,314.7
CAGR, 2025 - 2033
8.1%
Report Coverage
Europe

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Europe electric scooters market, 2021-2033 (US$M)

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Europe electric scooters market highlights

  • The Europe electric scooters market generated a revenue of USD 6,398.2 million in 2024.
  • The market is expected to grow at a CAGR of 8.1% from 2025 to 2033.
  • In terms of segment, hub motors was the largest revenue generating drive type in 2024.
  • Belt Drive is the most lucrative drive type segment registering the fastest growth during the forecast period.
  • Country-wise, UK is expected to register the highest CAGR from 2025 to 2033.


Europe data book summary

Market revenue in 2024USD 6,398.2 million
Market revenue in 2033USD 13,314.7 million
Growth rate8.1% (CAGR from 2025 to 2033)
Largest segmentHub motors
Fastest growing segmentBelt Drive
Historical data covered2021 - 2023
Base year for estimation2024
Forecast period covered2025 - 2033
Quantitative unitsRevenue in USD million
Market segmentationBelt Drive, Chain Drive, Hub Motors
Key market players worldwideBayerische Motoren Werke AG ADR, Alpha Architect 1-3 Month Box ETF, Gogoro Inc, GreenPower Motor Company Inc, Honda Motor Co Ltd ADR, PIERER Mobility AG, Mahindra & Mahindra Ltd DR


Other key industry trends

  • In terms of revenue, Europe region accounted for 15.3% of the global electric scooters market in 2024.
  • Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2033.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 78,391.5 million by 2033.

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Electric Scooters Market Companies

Name Profile # Employees HQ Website
Honda Motor Co Ltd ADR View profile 194993 Number 1-1, Minami-Aoyama 2-chome, Minato-ku, Tokyo, Japan, 107-8556 https://global.honda
Alpha Architect 1-3 Month Box ETF View profile - - -
GreenPower Motor Company Inc View profile 112 209 Carrall Street, Suite 240, Vancouver, BC, Canada, V6B 2J2 https://www.greenpowermotor.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 ADR View profile 154950 Petuelring 130, Munich, BY, Germany, 80809 https://www.bmwgroup.com

Europe electric scooters 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 scooters market will help companies and investors design strategic landscapes.


Hub motors was the largest segment with a revenue share of 88.99% in 2024. Horizon Databook has segmented the Europe electric scooters market based on belt drive, chain drive, hub motors covering the revenue growth of each sub-segment from 2021 to 2033.


The European electric scooters market is dominated by Germany owing to the presence of large number of scooter sharing companies such as Cityscoot, COUP, and eCooltra among others. Stringent efforts are being taken by the European government to increase the adoption of electric vehicles.

 For instance, The Government of Netherlands has declared the goal of achieving 1 million electric vehicles including cars, scooters, motorcycles, and bicycles by 2025, and therefore, promoting the use of electric scooters in country.

The European government has framed strict laws with respect to the use of electric scooters, for instance, their department of transportation have included only those electric scooters, which have speed ranging from 15.5 Mph to 28 Mph.

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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe electric scooters market , including forecasts for subscribers. This continent databook contains high-level insights into Europe electric scooters market from 2021 to 2033, including revenue numbers, major trends, and company profiles.

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Europe electric scooters market size, by country, 2021-2033 (US$M)

Europe Electric Scooters Market Outlook Share, 2024 & 2033 (US$M)

Europe electric scooters market size, by country, 2021-2033 (US$M)

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