Benelux E-bike Market Technology, and Platform - Forecast and Analysis 2023-2027

  • Published: Mar 2023
  • Pages: 147
  • SKU: IRTNTR71134

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E-bike market growth will increase by $1214.05 thousand units during 2023-2027.
The e-bike market is expected to grow at a CAGR of 16.65% during 2023-2027.
Technavio has segmented the e-bike market by technology (Lithium-ion battery and Sealed lead acid battery) ,platform (Urban e-bikes, Trekking e-bikes, eMTBs, Cargo e-bikes, and Others) , and geography (Benelux, Belgium, and Luxembourg).
Accell Group NV, Amsterdam Bicycle Co., Belgian Bicycle Group, Canyon Bicycles GmbH, Cowboy SA, Georg Fritzmeier GmbH and Co. KG, Giant Manufacturing Co. Ltd., Kruitbosch Zwolle BV, KSR Group GmbH, KWANG YANG MOTOR Co. Ltd., Merida Industry Co. Ltd., Pon Holdings BV, QWIC, Riese and Muller GmbH, SCOTT Sports SA, Smart Urban Mobility BV, Trek Bicycle Corp., VanMoof BV, Yamaha Motor Co. Ltd., Volkswagen AG are a few of the key vendors in the e-bike market.
Benelux will register the highest growth rate of 100% among the other regions. Therefore, the e-bike market in Benelux is expected to garner significant business opportunities for the vendors during the forecast period.
  • The Netherlands
  • Belgium
  • Luxembourg
The key factors driving the e-bike market growth are:
  • Declining cost of Li-ion Batteries
  • Rising popularity of connected e-bikes
The e-bike market vendors should focus on grabbing business opportunities from the Lithium-ion battery segment as it accounted for the largest market share in the base year.
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