Key regions: United States, Brazil, Spain, Indonesia, Portugal
The Scooters market in Eastern Europe has been experiencing significant growth in recent years. Customer preferences for convenient and eco-friendly transportation options have driven this trend. Additionally, the market has been influenced by local special circumstances and underlying macroeconomic factors. Customer preferences in Eastern Europe have been shifting towards more sustainable and efficient modes of transportation. Scooters provide an ideal solution for short-distance travel in crowded urban areas. They are compact, easy to maneuver, and require less parking space compared to cars. Furthermore, scooters are seen as a cost-effective alternative to traditional fuel-powered vehicles, as they require less maintenance and have lower operating costs. These customer preferences have contributed to the increasing demand for scooters in the region. Trends in the Scooters market in Eastern Europe have also been influenced by local special circumstances. Many cities in the region face issues such as traffic congestion and limited parking space. Scooters offer a practical solution to these challenges, as they can navigate through congested streets and can be easily parked in small spaces. Moreover, the growing popularity of scooter-sharing services has further fueled the demand for scooters. These services provide a convenient and affordable transportation option for residents and tourists alike. Underlying macroeconomic factors have also played a role in the development of the Scooters market in Eastern Europe. The region has been experiencing steady economic growth, leading to an increase in disposable income levels. As a result, more individuals are able to afford personal transportation options, including scooters. Additionally, governments in Eastern Europe have been implementing policies to promote sustainable transportation and reduce air pollution. This has created a favorable regulatory environment for the adoption of scooters. In conclusion, the Scooters market in Eastern Europe is experiencing growth due to customer preferences for convenient and eco-friendly transportation options. The market is also influenced by local special circumstances, such as traffic congestion and limited parking space, as well as underlying macroeconomic factors, including steady economic growth and government policies. These factors have contributed to the increasing demand for scooters in the region.
Data coverage:
Data encompasses B2C enterprises. Figures are based on motorcycle sales and revenue excluding scooters/mopeds under 50cc category.Modeling approach / Market size:
Market sizes are determined by a Bottom-Up approach, based on a specific rationale for each market segment. As a basis for evaluating markets, we use manufacturer websites, national statistics offices, motorcycle associations, motorcycles sales websites. Next we use relevant key market indicators and data from country-specific associations such as GDP per capita, consumer price index, consumer spending, and population. This data helps us to estimate the market size for each country individually.Forecasts:
In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the particular market. For example, the forecasting is done on a make level for Motorcycles, using a mix of standard approaches, e.g., exponential smoothing, and uses parameters which best fit the historical data. The main drivers are GDP per capita, consumer price index, consumer spending, and population.Additional Notes:
The market is updated once a year.
Mon - Fri, 9am - 6pm (EST)
Mon - Fri, 9am - 5pm (SGT)
Mon - Fri, 10:00am - 6:00pm (JST)
Mon - Fri, 9:30am - 5pm (GMT)
Mon - Fri, 9am - 6pm (EST)
