Germany Electric Scooters Market Size & Outlook, 2024-2030
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Germany electric scooters market highlights
- The Germany electric scooters market generated a revenue of USD 919.5 million in 2022 and is expected to reach USD 2,220.6 million by 2030.
- The Germany market is expected to grow at a CAGR of 11.7% from 2023 to 2030.
- In terms of segment, hub motors was the largest revenue generating drive type in 2022.
- Belt Drive is the most lucrative drive type segment registering the fastest growth during the forecast period.
Electric scooters market data book summary
| Market revenue in 2022 | USD 919.5 million |
| Market revenue in 2030 | USD 2,220.6 million |
| Growth rate | 11.7% (CAGR from 2022 to 2030) |
| Largest segment | Hub motors |
| Fastest growing segment | Belt Drive |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Belt Drive, Chain, Hub Motors |
| Key market players worldwide | Bayerische 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, Germany accounted for 2.8% of the global electric scooters market in 2022.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Europe, France electric scooters market is projected to lead the regional market in terms of revenue in 2030.
- UK is the fastest growing regional market in Europe and is projected to reach USD 1,521.4 million by 2030.
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Electric Scooters Market Scope
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 |
Germany 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 80.01% in 2023. Horizon Databook has segmented the Germany electric scooters market based on belt drive, chain, hub motors covering the revenue growth of each sub-segment from 2018 to 2030.
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Our clientele includes a mix of electric scooters market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Germany electric scooters market , including forecasts for subscribers. This country databook contains high-level insights into Germany electric scooters market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Germany electric scooters market size, by drive type, 2018-2030 (US$M)
Germany Electric Scooters Market Outlook Share, 2023 & 2030 (US$M)
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