The e-bike market size in Europe has the potential to grow by 6654.33 thousand units during 2021-2025, and the market’s growth momentum will decelerate at a CAGR of 19.51%. This report provides a detailed analysis of the market by technology (lithium-ion battery and sealed lead acid battery), product (pedelecs and S-pedelecs), geography (Germany, the Netherlands, France, and the Rest of Europe), platform (urban e-bikes, trekking e-bikes, eMTBs, cargo e-bikes, and others), and key vendors.
Market Overview
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Market Competitive Analysis
The report analyzes the market’s competitive landscape and offers information on several market vendors, including:
- Accell Group NV
- BH BIKES EUROPE SL
- Derby Cycle Holding GmbH
- Georg Fritzmeier GmbH & Co. KG
- Giant Manufacturing Co. Ltd.
- Klever Mobility Europe GmbH
- LEADER Ltd.
- Riese & Müller GmbH
- Yamaha Motor Co. Ltd.
- Zhejiang Luyuan Electric Vehicle Co. Ltd.
The e-bike market in Europe is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market. Click here to uncover other successful business strategies deployed by the vendors.
The market players also significantly leverage external market drivers such as increasing concern toward health and environment among consumers to achieve growth opportunities. However, factors such as higher cost of e-bikes compared to conventional bicycles will challenge the growth of the market participants. To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Download a free sample of the e-bike market forecast in Europe report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
This e-bike market analysis in Europe report also provides detailed information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of their future growth opportunities.
E-bike Market in Europe: Key Drivers and Trends
- Noise pollution caused by vehicles can cause loss of hearing, high blood pressure, and sleep deprivation.
- Vehicular emissions can also lead to respiratory problems and asthma. Currently, controlling vehicular CO2 emissions is the world's greatest environmental concern.
- Consumers across the globe are becoming increasingly aware of the health and environmental hazards caused by vehicles, and are hence, shifting to non-polluting electric vehicles.
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- E-bikes are also considered as a mode of physical workout.
- The advantages afforded by cycling makes it feasible for a wide range of people, as it provides motorized assistance in certain situations, such as riding uphill.
- All these factors are expected to impact the revenue and volume of e-bike sales, which, in turn, will drive e-bike market growth during the forecast period.
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E-bike Market in Europe: Segmentation by Geography
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38% of the market’s growth will originate from the rest of Europe during the forecast period. Germany, The Netherlands and France are the key markets for the e-bike market in Europe.
The governments in European countries are supporting the adoption of bicycles, which is one of the prime factors that will facilitate the e-bike market in Europe growth over the forecast period. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.
E-bike Market in Europe: Segmentation by Technology
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Li-ion batteries are the most preferred choice among various energy storage systems because of their high-energy density and long cycle time. Also, they weigh less and offer advantages in terms of speed. In addition, BMZ, Europe’s largest battery maker, planned to set-up a Li-ion Gigafactory in Europe. Therefore, the growth of the market segment is expected to be significant throughout the forecast period.
Fetch actionable market insights on post COVID-19 impact on each segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the e-bike market in Europe size.
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E-bike Market in Europe: Key Highlights of the Report for 2021-2025
- CAGR of the market during the forecast period 2021-2025
- Detailed information on factors that will drive e-bike market growth in Europe during the next five years
- Precise estimation of the e-bike market size in Europe and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the e-bike industry across Germany, The Netherlands, France, and the Rest of Europe
- A thorough analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of e-bike market in Europe vendors
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