13.03.2020 PR, реклама, маркетинг

Europe Electric Two-Wheeler Sharing Scope - Business Revenue Forecast

The Europe electric two-wheeler sharing market is estimated to grow to $597.2 million by 2025 at a 35.0% CAGR during the forecast period (2019–2025), owing to the technological advancements in sharing services, increasing concerns over greenhouse gas emissions, and worsening urban road congestion. Furthermore, convenience in using shared vehicles is one of the factors driving the market growth. Sharing services refer to a facility, in which electric two-wheelers are available for short-term rentals.

Based on vehicle, the European electric two-wheeler sharing market is classified into kick scooter and scooter. Among these, electric scooters, due to the availability of scooter sharing services in the region from the last five years, dominated the market in the historical period (2017–2018) and will continue to do so in the future as well. However, in the near future, the market for kick scooters is anticipated to witness faster growth, at a CARG of over 65.0%.

The European electric two-wheeler sharing market players currently have huge growth opportunities due to the large investments made by top investors from across the globe. For example, in 2018, Atomico and the European Investors Index Ventures invested in two U.S. companies offering electric kick scooter sharing services, namely Neutron Holdings Inc. (Lime) and Bird Rides Inc., respectively. Index Ventures invested around $100 million in the Series B round of Bird, whereas Atomico did not share the amount it invested in Lime.

Hence, with technological innovations and the growing popularity of kick scooters in various cities of the continent, the electric two-wheeler sharing market in Europe is expected to grow.

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EUROPE ELECTRIC TWO-WHEELER SHARING MARKET

By Vehicle – Scooter/Moped and Kick Scooter
By Trip - One-Way and Round
By Country - Germany, France, Spain, Netherlands, Italy, Austria, Portugal, Poland, Belgium, Switzerland, and Rest of Europe