Scooters - Netherlands

Netherlands

In 2024, the projected revenue in the Scooters market in the Netherlands is expected to reach €10.60m.
This market is anticipated to experience a compound annual growth rate (CAGR) of 40.44% between 2024 and 2029, resulting in a projected market volume of €57.91m by 2029.
The unit sales of Scooters market in this segment are expected to reach 10.47k motorcyles by 2029.
The volume-weighted average price of Scooters market in the Netherlands in 2024 is forecasted to be €5.31k.
Interestingly, when considering international markets, it is noteworthy that India is projected to generate the highest revenue in the Scooters market, amounting to €9,846.00m in 2024.
The Netherlands has seen a surge in electric scooter usage, with a growing number of residents opting for eco-friendly transportation options.

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

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Comparación de regiones

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Analyst Opinion

The Scooters market in Netherlands has been experiencing significant growth in recent years, driven by changing customer preferences and favorable local circumstances.

Customer preferences: Customers in Netherlands are increasingly opting for scooters as a convenient and cost-effective mode of transportation. Scooters offer a practical solution for short distance commuting within cities, where traffic congestion and limited parking spaces are common issues. Additionally, scooters are seen as a more environmentally friendly alternative to cars, aligning with the growing trend of sustainability and conscious consumption.

Trends in the market: One of the key trends in the Scooters market in Netherlands is the rising demand for electric scooters. As the government and consumers become more aware of the environmental impact of traditional gasoline-powered vehicles, there has been a shift towards electric vehicles, including scooters. Electric scooters offer lower emissions, reduced noise pollution, and lower operating costs compared to their gasoline counterparts. This trend is further supported by the development of a robust charging infrastructure across the country, making it more convenient for consumers to own and use electric scooters. Another trend in the market is the increasing popularity of scooter-sharing services. These services provide an affordable and convenient option for short-term scooter rentals, catering to the needs of individuals who may not want to invest in owning a scooter. Scooter-sharing services have gained traction in urban areas, where the demand for flexible transportation options is high. This trend is expected to continue as more companies enter the market and expand their operations in Netherlands.

Local special circumstances: Netherlands has a well-developed infrastructure and a strong cycling culture. The country is known for its extensive network of bicycle lanes and bike-friendly policies. This infrastructure and culture also benefit the Scooters market, as scooters can easily navigate the existing cycling infrastructure. Additionally, the flat terrain and compact urban areas make scooters an ideal mode of transportation for many residents.

Underlying macroeconomic factors: The Scooters market in Netherlands is influenced by several macroeconomic factors. The country has a stable economy with a high level of disposable income among its population. This enables consumers to afford scooters and other recreational vehicles. Furthermore, the government provides incentives and subsidies for the purchase of electric scooters, making them more affordable for consumers. These factors contribute to the growth of the Scooters market in Netherlands. In conclusion, the Scooters market in Netherlands is experiencing growth due to changing customer preferences, including the demand for electric scooters and the popularity of scooter-sharing services. The country's well-developed infrastructure and cycling culture also contribute to the market's development. Additionally, favorable macroeconomic factors, such as a stable economy and government incentives, further support the growth of the Scooters market in Netherlands.

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.