Scooters - EMEA

EMEA

The Scooters market in the EMEA region is anticipated to achieve a revenue of US$3.11bn by 2024.
Furthermore, it is expected to exhibit a compound annual growth rate (CAGR 2024-2029) of 5.06%, resulting in a projected market volume of US$3.98bn by 2029.
The sales of Scooters market units are also projected to reach 1.48m motorcyles by 2029.
Additionally, the volume weighted average price of Scooters market in 2024 is predicted to be US$2.40k.
When considering the global perspective, it is evident that India will generate the highest revenue, amounting to US$10,620.00m in 2024.
In EMEA, scooters are gaining popularity as a cost-effective and convenient mode of transportation, particularly in densely populated cities like Paris and Rome.

Key regions: United States, Brazil, Spain, Indonesia, Portugal

Market

Region

Region comparison

Currency

Methodology

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.