Scooters - France | Statista Market Forecast

Scooters - France

France

Highlights

In 2024, the projected revenue in the Scooters market in France is expected to reach US$182.30m.
This market segment is anticipated to show a consistent annual growth rate (CAGR 2024-2029) of 3.07%, resulting in a projected market volume of US$212.10m by 2029.
By that year, it is estimated that unit sales in the Scooters market will reach 40.14k motorcyles.
The volume weighted average price of Scooters market in 2024 is projected to be US$5.23k.
When examining the international market, it is evident that India will generate the highest revenue in the Scooters market, amounting to US$10.62bn in 2024.
The demand for electric scooters in France has surged due to government initiatives promoting sustainable transportation.

Key regions:

Market definitionIn-Scope/Out-of-scopeMarket structureReportsMethodology

The Scooters market in France has been experiencing significant growth in recent years. Customer preferences, trends in the market, local special circumstances, and underlying macroeconomic factors have all contributed to this development. Customer preferences in the Scooters market in France have shifted towards more environmentally friendly and cost-effective modes of transportation. Scooters offer a convenient and efficient way to navigate through congested city streets, reducing both travel time and carbon emissions. Additionally, scooters are often seen as a trendy and fashionable mode of transportation, particularly among younger consumers. This shift in customer preferences has fueled the demand for scooters in France. Trends in the Scooters market in France indicate a growing popularity of electric scooters. With advancements in battery technology and increased focus on sustainability, electric scooters have become a preferred choice for many consumers. Electric scooters offer a quieter and smoother ride compared to traditional gasoline-powered scooters, and they also have lower operating costs. This trend towards electric scooters is expected to continue as the infrastructure for charging stations improves and more manufacturers enter the market. Local special circumstances in France have also contributed to the growth of the Scooters market. The country has a well-developed public transportation system, but it often falls short in providing last-mile connectivity. Scooters fill this gap by offering a flexible and convenient mode of transportation for short distances. Additionally, the compact size of scooters makes them ideal for navigating through narrow streets and crowded urban areas, where larger vehicles may struggle. Underlying macroeconomic factors have also played a role in the development of the Scooters market in France. The country has experienced a steady increase in urbanization, with more people moving to cities for work and other opportunities. This urbanization trend has led to increased congestion and traffic in cities, making scooters an attractive alternative to cars and public transportation. Furthermore, rising fuel prices and concerns over air pollution have encouraged consumers to seek out more sustainable transportation options, further driving the demand for scooters. In conclusion, the Scooters market in France has been growing due to customer preferences for environmentally friendly and cost-effective transportation options, the popularity of electric scooters, local special circumstances such as the need for last-mile connectivity, and underlying macroeconomic factors like urbanization and rising fuel prices. As these trends and factors continue to shape the market, it is expected that the Scooters market in France will continue to experience growth in the coming years.

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.