Market Forecast By Product Type (Retro, Standing/Self-Balancing, Folding), By Battery Type (Sealed Lead Acid, NiMH, Li-Ion), By Voltage Type (24V, 36V, 48V, Greater than 48V) And Competitive Landscape
Product Code: ETC014791 | Publication Date: Oct 2020 | Updated Date: May 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Germany Electric Scooters market currently, in 2023, has witnessed an HHI of 962, Which has decreased slightly as compared to the HHI of 1260 in 2017. The market is moving towards highly competitive. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
Germany Electric Scooters Market report comprehensively covers the market by battery type, product type, and voltage type. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities, high growth areas, and market drivers, which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Germany Electric Scooters Market synopsis
Germany Electric Scooters market is projected to grow immensely during the forecast period owing to the rising environment and health concerns among millennials. Moreover, rising efforts by OEM to produce light and green vehicle in order to reduce the greenhouse emission. Shared mobility coupled with rental services has contributed significantly towards the growth of the market. Germany being the latest country to legalize the electric scooter, has contributed towards the growth of the market. Separate lane for bicycle and E- scooters provides relaxation in the congested cities drives the electric scooter market.
According to 6Wresearch, Germany Electric Scooters Market size is projected to register growth during the forecast period 2020-2026. Government norms in favor of electric scooters coupled with increasing domestic income has affected the market positively. Moreover, rising health concerns and ease of intercity mobility is driving the demand of the electric scooter. The government agencies including EPA. However, outbreak of COVID-19 has a negatively affected the market, due to the partial or complete lockdown the production units were shut down. Although, the pandemic has positive impact on electric scooters market owing to the rising health concern and preference of personal vehicle to cover short distances. Initial investment coupled with short battery life acts as hindrance in the growth of the market. Moreover, high maintenance cost and long battery charging time is negatively impacting the market.
Market Analysis by Product type
Product type segment is further bifurcated into Retro, Standing and Folding. Moreover, Retro segment is anticipated to dominate the market during forecast period owing to the surging demand among youth for the same.
Market Analysis by Battery type
Based on the battery type, the electric scooter market is divided into sealed lead acid, NiMH and Li-on battery. Sealed lead acid segment accounts the highest share in the market owing to the low cost. However, Li-on batteries are expected to grow during the forecast period.
Market Analysis by Voltage Type
Based on the voltage, 72V battery is expected to account the maximum growth during the upcoming years owing to its high efficiency and increasing demand for high performance.
Key Attractiveness of the Report
Market Scope and Segmentation
The report provides a detailed analysis of the following market segments
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Germany Electric Scooters Market Overview |
3.1 Germany Country Macro Economic Indicators |
3.2 Germany Electric Scooters Market Revenues & Volume, 2019 & 2026F |
3.3 Germany Electric Scooters Market - Industry Life Cycle |
3.4 Germany Electric Scooters Market - Porter's Five Forces |
3.5 Germany Electric Scooters Market Revenues & Volume Share, By Product Type, 2019 & 2026F |
3.6 Germany Electric Scooters Market Revenues & Volume Share, By Battery Type, 2019 & 2026F |
3.7 Germany Electric Scooters Market Revenues & Volume Share, By Voltage Type, 2019 & 2026F |
4 Germany Electric Scooters Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Germany Electric Scooters Market Trends |
6 Germany Electric Scooters Market, By Types |
6.1 Germany Electric Scooters Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Germany Electric Scooters Market Revenues & Volume, By Product Type, 2016 - 2026F |
6.1.3 Germany Electric Scooters Market Revenues & Volume, By Retro, 2016 - 2026F |
6.1.4 Germany Electric Scooters Market Revenues & Volume, By Standing/Self-Balancing, 2016 - 2026F |
6.1.5 Germany Electric Scooters Market Revenues & Volume, By Folding, 2016 - 2026F |
6.2 Germany Electric Scooters Market, By Battery Type |
6.2.1 Overview and Analysis |
6.2.2 Germany Electric Scooters Market Revenues & Volume, By Sealed Lead Acid, 2016 - 2026F |
6.2.3 Germany Electric Scooters Market Revenues & Volume, By NiMH, 2016 - 2026F |
6.2.4 Germany Electric Scooters Market Revenues & Volume, By Li-Ion, 2016 - 2026F |
6.3 Germany Electric Scooters Market, By Voltage Type |
6.3.1 Overview and Analysis |
6.3.2 Germany Electric Scooters Market Revenues & Volume, By 24V, 2016 - 2026F |
6.3.3 Germany Electric Scooters Market Revenues & Volume, By 36V, 2016 - 2026F |
6.3.4 Germany Electric Scooters Market Revenues & Volume, By 48V, 2016 - 2026F |
6.3.5 Germany Electric Scooters Market Revenues & Volume, By Greater than 48V, 2016 - 2026F |
7 Germany Electric Scooters Market Import-Export Trade Statistics |
7.1 Germany Electric Scooters Market Export to Major Countries |
7.2 Germany Electric Scooters Market Imports from Major Countries |
8 Germany Electric Scooters Market Key Performance Indicators |
9 Germany Electric Scooters Market - Opportunity Assessment |
9.1 Germany Electric Scooters Market Opportunity Assessment, By Product Type, 2019 & 2026F |
9.2 Germany Electric Scooters Market Opportunity Assessment, By Battery Type, 2019 & 2026F |
9.3 Germany Electric Scooters Market Opportunity Assessment, By Voltage Type, 2019 & 2026F |
10 Germany Electric Scooters Market - Competitive Landscape |
10.1 Germany Electric Scooters Market Revenue Share, By Companies, 2019 |
10.2 Germany Electric Scooters Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |