Abstract
Summary
Europe Electric Two-Wheeler Market Research Report Forecast to 2030
Market Overview
The Europe electric two-wheeler market is rapidly growing due to government incentives to encourage electric vehicle adoption and demand for electric two-wheelers among tourists. Furthermore, the improvement of battery capacity and establishment of charging infrastructure is likely to present a growth opportunity for the players in the Europe market.
Electric two-wheelers are kind of plug-in electric vehicles powered by electricity stored on board in a rechargeable battery used for driving of one or more electric motors. Electric two-wheelers have lower operating costs compared to the conventional ICE vehicles. Also, these vehicles help in saving costs related to fuel, spark plug change, and oil filter replacements coupled with their minimalistic design characteristics, which also leads to low maintenance costs. The varieties of batteries installed in electric two-wheelers are lithium-ion batteries, sealed lead-acid batteries, and others
Market Segmentation
In terms of value, the Europe electric two-wheeler market is expected to register 26.2% CAGR during the forecast period, 2022 to 2030, and is expected to reach USD 4,601.7 million in 2030.
In terms of volume, the Europe electric two-wheeler market is expected to register 24.0% CAGR during the forecast period, 2022 to 2030, and is expected to reach 904,954.6 units in 2030.
Europe electric two-wheeler market is segmented based on type, battery type, voltage, and region. Based on type the market is segmented into electric motorcycles and electric scooters. On the basis of battery type the market is segmented into sealed lead acid, li-ion, and others. Based on voltage the market is segmented into 36V, 24V, 48V, and more than 48V.
Major Players
Zero Motorcycles Inc., GOVECS AG, Askoll EVA SpA, Niu International, Energica motor company, Emco electroroller GmbH, BMW AG, Vmoto Europe BV, Riese & müller gmbh, Walberg Urban Electrics GmbH are the major players in the market.
Table of Contents
1 EXECUTIVE SUMMARY 13
1.1 EUROPE ELECTRIC TWO-WHEELER MARKET, BY TYPE 15
1.2 EUROPE ELECTRIC TWO-WHEELER MARKET, BY BATTERY TYPE 16
1.3 EUROPE ELECTRIC TWO-WHEELER MARKET, BY VOLTAGE 17
1.4 EUROPE ELECTRIC TWO-WHEELER MARKET, BY COUNTRY 18
2 MARKET INTRODUCTION 19
2.1 DEFINITION 19
2.2 SCOPE OF THE STUDY 20
2.3 RESEARCH OBJECTIVE 20
2.4 MARKET STRUCTURE 20
3 RESEARCH METHODOLOGY 21
3.1 RESEARCH PROCESS 21
3.2 PRIMARY RESEARCH 22
3.3 SECONDARY RESEARCH 23
3.4 MARKET SIZE ESTIMATION 24
3.5 FORECAST MODEL 25
3.6 LIST OF ASSUMPTIONS 26
4 MARKET DYNAMICS 27
4.1 INTRODUCTION 27
4.2 DRIVERS 28
4.2.1 GOVERNMENT INCENTIVES TO ENCOURAGE ELECTRIC VEHICLE ADOPTION 28
4.2.2 DEMAND FOR ELECTRIC TWO-WHEELERS AMONG TOURISTS 28
4.2.3 DRIVERS IMPACT ANALYSIS 29
4.3 RESTRAINT 29
4.3.1 HIGH PRICES OF ELECTRIC TWO-WHEELERS AND BATTERIES 29
4.3.2 UNDERDEVELOPED CHARGING INFRASTRUCTURE AND POOR AFTERMARKET SERVICES 29
4.3.3 RESTRAINT IMPACT ANALYSIS 30
4.4 OPPORTUNITIES 30
4.4.1 IMPROVEMENT OF BATTERY CAPACITY AND ESTABLISHMENT OF CHARGING INFRASTRUCTURE 30
4.5 IMPACT OF THE COVID-19 OUTBREAK ON EUROPE ELECTRIC TWO-WHEELER INDUSTRY MARKET 31
4.5.1 ECONOMIC IMPACT 31
4.5.2 IMPACT ON SUPPLY CHAIN 31
- 4.5.2.1 PRICE VARIATION OF KEY RAW MATERIALS 31
- 4.5.2.2 PRODUCTION SHUTDOWN 31
- 4.5.2.3 CASH FLOW CONSTRAINTS 31
5 MARKET FACTOR ANALYSIS 32
5.1 SUPPLY CHAIN ANALYSIS 32
5.1.1 RAW MATERIAL SUPPLY 33
5.1.2 MANUFACTURE 33
5.1.3 DISTRIBUTION & SALES CHANNEL 33
5.1.4 END-USER APPLICATIONS 33
5.2 PORTER’S FIVE FORCES MODEL 34
5.2.1 THREAT OF NEW ENTRANTS 34
5.2.2 BARGAINING POWER OF SUPPLIERS 35
5.2.3 BARGAINING POWER OF BUYERS 35
5.2.4 THREAT OF SUBSTITUTES 35
5.2.5 INTENSITY OF RIVALRY 35
6 EUROPE ELECTRIC TWO-WHEELER MARKET, BY TYPE 36
6.1 OVERVIEW 36
6.1.1 EUROPE ELECTRIC TWO-WHEELER MARKET ESTIMATES & FORECAST, BY TYPE, 2018-2030
6.1.2 EUROPE ELECTRIC TWO-WHEELER MARKET ESTIMATES & FORECAST, BY TYPE, 2018-2030 (UNITS) 38
7 EUROPE ELECTRIC TWO-WHEELER MARKET, BY BATTERY TYPE 39
7.1 OVERVIEW 39
7.1.1 EUROPE ELECTRIC TWO-WHEELER MARKET ESTIMATES & FORECAST, BY BATTERY TYPE, 2018-2030
7.1.2 EUROPE ELECTRIC TWO-WHEELER MARKET ESTIMATES & FORECAST, BY BATTERY TYPE, 2018-2030
8 EUROPE ELECTRIC TWO-WHEELER MARKET, BY VOLTAGE 42
8.1 OVERVIEW 42
8.1.1 EUROPE ELECTRIC TWO-WHEELER MARKET ESTIMATES & FORECAST, BY VOLTAGE, 2018-2030
8.1.2 EUROPE ELECTRIC TWO-WHEELER MARKET ESTIMATES & FORECAST, BY VOLTAGE, 2018-2030 (UNITS) 44
9 EUROPE ELECTRIC TWO-WHEELER MARKET, BY COUNTRY 45
9.1 OVERVIEW 45
9.1.1 EUROPE ELECTRIC TWO-WHEELER MARKET ESTIMATES & FORECAST, BY COUNTRY, 2018-2030
9.1.2 EUROPE ELECTRIC TWO-WHEELER MARKET ESTIMATES & FORECAST, BY COUNTRY, 2018-2030 (UNITS) 47
9.2 UK 48
9.3 GERMANY 51
9.4 FRANCE 54
9.5 ITALY 57
9.6 SPAIN 60
9.7 REST OF EUROPE 63
10 COMPETITIVE LANDSCAPE 66
10.1 OVERVIEW 66
10.2 COMPETITIVE BENCHMARKING 67
10.3 MARKET SHARE ANALYSIS 68
10.3.1 EUROPE ELECTRIC TWO WHEELER MARKET SHARE ANALYSIS, 2021 % 68
10.4 KEY DEVELOPMENTS IN THE EUROPE ELECTRIC TWO WHEELER MARKET 68
10.4.1 PRODUCT LAUNCH/DEVELOPMENT 68
10.4.2 COLLABORATION 69
10.4.3 EXPANSION 69
10.4.4 ACQUISITION 70
10.4.5 PARTNERSHIP 70
11 COMPANY PROFILES 71
11.1 GOVECS 71
11.1.1 COMPANY OVERVIEW 71
11.1.2 FINANCIAL OVERVIEW 71
11.1.3 PRODUCTS OFFERED 71
11.1.4 KEY DEVELOPMENTS 71
11.1.5 SWOT ANALYSIS 72
11.1.6 KEY STRATEGIES 72
11.2 NIU INTERNATIONAL 73
11.2.1 COMPANY OVERVIEW 73
11.2.2 FINANCIAL OVERVIEW 74
11.2.3 PRODUCTS OFFERED 75
11.2.4 KEY DEVELOPMENTS 75
11.2.5 SWOT ANALYSIS 76
11.2.6 KEY STRATEGIES 76
11.3 ENERGICA MOTOR COMPANY 77
11.3.1 COMPANY OVERVIEW 77
11.3.2 FINANCIAL OVERVIEW 78
11.3.3 PRODUCTS OFFERED 78
11.3.4 KEY DEVELOPMENTS 79
11.3.5 SWOT ANALYSIS 79
11.3.6 KEY STRATEGIES 79
11.4 ZERO MOTORCYCLES 80
11.4.1 COMPANY OVERVIEW 80
11.4.2 FINANCIAL OVERVIEW 80
11.4.3 PRODUCTS OFFERED 80
11.4.4 KEY DEVELOPMENTS 80
11.4.5 SWOT ANALYSIS 81
11.4.6 KEY STRATEGIES 81
11.5 VMOTO LTD 82
11.5.1 COMPANY OVERVIEW 82
11.5.2 FINANCIAL OVERVIEW 82
11.5.3 PRODUCTS OFFERED 82
11.5.4 KEY DEVELOPMENTS 83
11.5.5 SWOT ANALYSIS 83
11.5.6 KEY STRATEGIES 83
11.6 RIESE & MÜLLER GMBH 84
11.6.1 COMPANY OVERVIEW 84
11.6.2 FINANCIAL OVERVIEW 84
11.6.3 PRODUCTS OFFERED 84
11.6.4 KEY DEVELOPMENTS 85
11.6.5 SWOT ANALYSIS 86
11.6.6 KEY STRATEGIES 86
11.7 WALBERG URBAN ELECTRICS GMBH 87
11.7.1 COMPANY OVERVIEW 87
11.7.2 FINANCIAL OVERVIEW 87
11.7.3 PRODUCTS OFFERED 87
11.7.4 KEY DEVELOPMENTS 87
11.7.5 SWOT ANALYSIS 88
11.7.6 KEY STRATEGIES 88
11.8 EMCO ELECTROROLLER GMBH 89
11.8.1 COMPANY OVERVIEW 89
11.8.2 FINANCIAL OVERVIEW 89
11.8.3 PRODUCTS OFFERED 89
11.8.4 KEY DEVELOPMENTS 89
11.8.5 SWOT ANALYSIS 90
11.8.6 KEY STRATEGIES 90
11.9 BMW AG 91
11.9.1 COMPANY OVERVIEW 91
11.9.2 FINANCIAL OVERVIEW 92
11.9.3 PRODUCTS OFFERED 93
11.9.4 KEY DEVELOPMENTS 93
11.9.5 SWOT ANALYSIS 94
11.9.6 KEY STRATEGIES 94
11.10 ASKOLL EVA S.P.A 95
11.10.1 COMPANY OVERVIEW 95
11.10.2 FINANCIAL OVERVIEW 95
11.10.3 PRODUCTS OFFERED 96
11.10.4 KEY DEVELOPMENTS 96
11.10.5 SWOT ANALYSIS 97
11.10.6 KEY STRATEGIES 97