Europe E standing scooter market
is expected to grow at a steady rate during the forecast period. Technological
advancement of E standing scooters to enhance performance, raise battery life,
reduce charging time are contributing factors leading to surge of the Europe E
standing market. Introduction of Non-European brands in E standing scooter
market influenced positively the E standing scooter market. Consumer shift
towards eco-friendly automobile and affordable mode of transport is increasing
the demand for E standing scooters.
Economical maintenance costs,
higher mechanical costs and lower noise levels are other advantages of using E
standing scooters. Emerging trend for adoption of E standing scooters by youth
population coupled with surge in disposable income of the middle class is
fostering the E standing scooter market growth. Moreover, the need for
sustainable transportation infrastructure by government of country and to spur
the mobility in the country is aiding in bolstering the E standing market. E
standing scooters helps to maintain air quality in the country and does not
emit harmful gases to pollute the environment. E standing scooters save on
travel cost for short distance commuting and minimise time are the additional
advantages fuelling the market growth.
Europe E standing scooter market
can be segregated based on type into fixed and folding E standing scooter.
Fixed E standing scooter is holding dominance over the folding E standing
scooter as they are readily available in the market and are preferred by
consumers to travel to short distances.
The major players operating in the
Europe standing E scooter market include GOVECS AG, Xiaomi
Corp., IO HAWK Invest GmbH, Glion Electric Scooter, Segway Inc., Maigewei
Shenzhen Electronic CO., LTD, Globber scooters, Razor Scooter, Ningbo MYWAY
Intelligent Technology Co.,Ltd (Inokim), Swagtron LLC. Major companies are
developing advanced technologies to stay competitive in the market. Other
competitive strategies include mergers & acquisitions.
Years considered for this report:
Historical Years: 2016-2019
Base Year: 2020
Estimated Year: 2021
Forecast Period: 2022–2026
Objective of the
- To analyze and forecast the
market size of Europe standing E scooter market.
- To classify and forecast Europe
standing E scooter market based on vehicle type, online vs offline, radial vs
bias, demand category, and regional distribution.
- To identify drivers and
challenges for Europe standing E scooter market.
- To examine competitive
developments such as expansions, new product launches, mergers &
acquisitions, etc., in Europe standing E scooter market.
- To identify and analyze the
profile of leading players operating in the Europe standing E scooter
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TechSci Research performed both primary as well as
exhaustive secondary research for this study. Initially, TechSci Research
sourced a list of manufacturers across the globe. Subsequently, TechSci
Research conducted primary research surveys with the identified companies.
While interviewing, the respondents were also enquired about their competitors.
Through this technique, TechSci Research could include the manufacturers which
could not be identified due to the limitations of secondary research. TechSci
Research analyzed the manufacturers, distribution channels and presence of all
major manufacturers across the globe.
TechSci Research calculated the market size of Europe standing
E scooter market by
using a bottom-up approach, where data for
various end-user segments was recorded and forecast for the future years.
TechSci Research sourced these values from the industry experts and company
representatives and externally validated through analyzing historical data of
these services and applications for getting an appropriate, overall market
size. Various secondary sources such as company websites, news articles, press
releases, company annual reports, investor presentations and financial reports
were also studied by TechSci Research.
Key Target Audience:
- E standing
scooter manufacturers, suppliers, distributors, and other stakeholders.
Research organizations and consulting companies
Trade associations, organizations, forums, and
alliances related to standing E scooter.
Government bodies such as regulating authorities
and policy makers
The study is useful in providing answers
to several critical questions that are important for the industry stakeholders
such as service providers and partners, end users, etc., besides allowing them
in strategizing investments and capitalizing on market opportunities.
In this report, Europe standing E scooter
market has been segmented into following categories, in addition to the
industry trends which have also been detailed below:
E Scooters Market, By Type:
Europe Standing E Scooters Market, By Battery Type:
o Lead Acid
Europe Standing E Scooters Market, By Range:
o Less than 25 Km
o 25 Km & Above
Europe Standing E Scooters Market, By Country:
o United Kingdom
Company Profiles: Detailed analysis of the major
companies present in Europe standing E scooter market.
With the given market data, TechSci
Research offers customizations according to a company’s specific needs. The
following customization options are available for the report:
analysis and profiling of additional market players (up to five).