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The Europe e-bike market reached a value of about USD 9.06 billion in 2021. The industry is further expected to grow at a CAGR of 13.10% in the forecast period of 2022-2027 to reach a value of nearly USD 18.96 billion by 2027.
Germany is one of the leading regions of the European e-bike industry. Some of the major factors driving the sales in the e-bike market are the innovative features of the products, fully integrated batteries and drives, appealing designs, and the use of high-quality materials.
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During the historical period, due to the surge of the COVID-19 pandemic in 2020 and the resurgence of COVID-19 infections in 2021 across Europe, consumers preferred e-bikes as an easy, cheap, and safer way to commute, thereby augmenting the market growth. The use of e-bike during the pandemic also helped mitigate heightened concerns regarding public transportation and mobility sharing, consequently boosting the market growth.
The growing preference for e-trekking, and e-MTB bikes, among others, owing to the increasing environmental consciousness, is augmenting the growth of the market. As the country is one of the largest manufacturers and exporters of e-bikes, the market is growing rapidly. Hence, the extensive production of e-mobility solutions in the country, along with the presence of major companies, is leading to the growth of the European market. With the growing trend of e-mobility in France and the United Kingdom, the market for e-bike is poised to witness robust growth in the forecast period.
An e-bike or an electric bike is a bicycle equipped with an electric motor used for propulsion. It consists of a battery and a display that provides the assistance required for a smooth ride. Various kinds of e-bikes are available globally, ranging from electric bikes with a small motor to assist the pedal-power of the rider to more powerful e-bikes that produce power to drive the bike using throttle completely.
By type, the market includes:
Based on drive units, the market is divided into:
On the basis of battery, the market is classified into:
The major applications of the industry are:
The EMR report looks into the major regional markets of e-bike in Europe like Germany, the United Kingdom, France, Italy, and Spain, among others.
The introduction and implementation of various favourable government regulations to encourage the use of electric bikes are driving the market growth. The growing consumer inclination towards the use of e-bikes as an eco-friendly and efficient solution for commute, the increasing fuel costs, and the positive impact of the COVID-19 pandemic on sales of e-bikes are expected to propel the market for e-bike. As governments are promoting the purchase of electric mobility through tax credits and incentives in order to stimulate the usage of these environmentally-friendly vehicles, the demand for e-bikes is surging, thereby adding to the industry growth.
The growing trend of cycling tourism can be attributed to the market growth. With the growing concerns regarding rising environmental pollution and harmful emissions from vehicles, the emergence of sustainable and cost-effective e-mobility solutions is fuelling the growth of the e-bike industry. E-bikes also improve physical fitness by promoting good health, preventing weight gain, and increasing aerobic capacity, making them a viable alternative to traditional cycling. Moreover, major businesses in the region are increasingly offering a wide range of innovative e-bikes, such as hydrogen-powered bikes and smart e-bike monitoring system (SEMS), among others. With the improvement in bicycling infrastructure and battery technology in the region, the market is expected to witness lucrative growth opportunities in upcoming years.
The report gives a detailed analysis of the following key players in the Europe e-bike market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
The comprehensive EMR report provides an in-depth assessment of the industry based on the Porter's five forces model along with giving a SWOT analysis.
|Scope of the Report||Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Type, Drive Units, Battery, Application, Region|
|Breakup by Type||Pedal Assisted, Throttle Assisted|
|Breakup by Drive Units||Mid-Drive Motors, Hub Motors|
|Breakup by Battery||Lead Acid, Lithium Ion, Others|
|Breakup by Application||Urban, Tracking, Cargo, Others|
|Breakup by Region||Germany, United Kingdom, France, Italy, Spain, Others|
|Market Dynamics||SWOT, Porter's Five Forces, EMR’s Key Indicators for Price and Demand|
|Competitive Landscape||Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications|
|Companies Covered||Accell Group, Riese & Müller GmbH, Derby Cycle, Powabyke UK Ltd, QWIC, Others|
|Report Price and Purchase Option||Explore our purchase options that are best suited to your resources and industry needs.|
|Delivery Format||Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.|
*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
7 Industry Opportunities and Challenges
8 Europe E-Bike Market Analysis
8.1 Key Industry Highlights
8.2 Europe E-Bike Historical Market (2017-2021)
8.3 Europe E-Bike Market Forecast (2022-2027)
8.4 Europe E-Bike Market by Type
8.4.1 Pedal Assisted
220.127.116.11 Market Share
18.104.22.168 Historical Trend (2017-2021)
22.214.171.124 Forecast Trend (2022-2027)
8.4.2 Throttle Assisted
126.96.36.199 Market Share
188.8.131.52 Historical Trend (2017-2021)
184.108.40.206 Forecast Trend (2022-2027)
8.5 Europe E-Bike Market by Drive Units
8.5.1 Mid-Drive Motors
220.127.116.11 Market Share
18.104.22.168 Historical Trend (2017-2021)
22.214.171.124 Forecast Trend (2022-2027)
8.5.2 Hub Motors
126.96.36.199 Market Share
188.8.131.52 Historical Trend (2017-2021)
184.108.40.206 Forecast Trend (2022-2027)
8.6 Europe E-Bike Market by Battery
8.6.1 Lead Acid
220.127.116.11 Market Share
18.104.22.168 Historical Trend (2017-2021)
22.214.171.124 Forecast Trend (2022-2027)
8.6.2 Lithium Ion
126.96.36.199 Market Share
188.8.131.52 Historical Trend (2017-2021)
184.108.40.206 Forecast Trend (2022-2027)
8.7 Europe E-Bike Market by Application
220.127.116.11 Market Share
18.104.22.168 Historical Trend (2017-2021)
22.214.171.124 Forecast Trend (2022-2027)
126.96.36.199 Market Share
188.8.131.52 Historical Trend (2017-2021)
184.108.40.206 Forecast Trend (2022-2027)
220.127.116.11 Market Share
18.104.22.168 Historical Trend (2017-2021)
22.214.171.124 Forecast Trend (2022-2027)
8.8 Europe E-Bike Market by Region
8.8.1 Market Share
126.96.36.199 United Kingdom
9 Regional Analysis
9.1.1 Historical Trend (2017-2021)
9.1.2 Forecast Trend (2022-2027)
9.2 United Kingdom
9.2.1 Historical Trend (2017-2021)
9.2.2 Forecast Trend (2022-2027)
9.3.1 Historical Trend (2017-2021)
9.3.2 Forecast Trend (2022-2027)
9.4.1 Historical Trend (2017-2021)
9.4.2 Forecast Trend (2022-2027)
9.5.1 Historical Trend (2017-2021)
9.5.2 Forecast Trend (2022-2027)
10 Market Dynamics
10.1 SWOT Analysis
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyers Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 EMR’s Key Indicators for Demand
10.4 EMR’s Key Indicators for Price
11 Value Chain Analysis
12 Competitive Landscape
12.1 Market Structure
12.2 Company Profiles
12.2.1 Accell Group
188.8.131.52 Company Overview
184.108.40.206 Product Portfolio
220.127.116.11 Demographic Reach and Achievements
12.2.2 Riese & Müller GmbH
18.104.22.168 Company Overview
22.214.171.124 Product Portfolio
126.96.36.199 Demographic Reach and Achievements
12.2.3 Derby Cycle
188.8.131.52 Company Overview
184.108.40.206 Product Portfolio
220.127.116.11 Demographic Reach and Achievements
12.2.4 Powabyke UK Ltd
18.104.22.168 Company Overview
22.214.171.124 Product Portfolio
126.96.36.199 Demographic Reach and Achievements
188.8.131.52 Company Overview
184.108.40.206 Product Portfolio
220.127.116.11 Demographic Reach and Achievements
13 Industry Events and Developments
List of Figures and Tables
1. Europe E-Bike Market: Key Industry Highlights, 2017 and 2027
2. Europe E-Bike Historical Market: Breakup by Type (USD Billion), 2017-2021
3. Europe E-Bike Market Forecast: Breakup by Type (USD Billion), 2022-2027
4. Europe E-Bike Historical Market: Breakup by Drive Unit (USD Billion), 2017-2021
5. Europe E-Bike Market Forecast: Breakup by Drive Unit (USD Billion), 2022-2027
6. Europe E-Bike Historical Market: Breakup by Battery (USD Billion), 2017-2021
7. Europe E-Bike Market Forecast: Breakup by Battery Type (USD Billion), 2022-2027
8. Europe E-Bike Historical Market: Breakup by End Use (USD Billion), 2017-2021
9. Europe E-Bike Market Forecast: Breakup by End Use (USD Billion), 2022-2027
10. Europe E-Bike Historical Market: Breakup by Country (USD Billion), 2017-2021
11. Europe E-Bike Market Forecast: Breakup by Country (USD Billion), 2022-2027
In 2021, the Europe e-bike market attained a value of nearly USD 9.06 billion.
The market is projected to grow at a CAGR of 13.10% between 2022 and 2027.
The market is estimated to witness a healthy growth in the forecast period of 2022-2027 to reach about USD 18.96 billion by 2027.
The major drivers of the market include the increasing fuel costs, the growing preference for environmentally-friendly vehicles, the rising demand for safer and affordable commute.
The introduction of favourable government initiatives and growing consumer inclination towards the use of e-bikes as an eco-friendly and efficient solution for commute are expected to define the market growth in the forecast period.
The major countries in the industry are Germany, the United Kingdom, France, Italy, and Spain, among others.
The major types of the product available in the market are pedal assisted and throttle assisted.
The different drive units available in the market are mid-drive motors and hub motors.
On the basis of battery, the market is classified into lead acid and lithium ion, among others.
The major applications of the product are urban, tracking, and cargo, among others.
The major players in the industry are Accell Group, Riese & Müller GmbH, Derby Cycle, Powabyke UK Ltd, and QWIC, among others.
The Europe e-bike market attained a value of about USD 9.06 billion in 2021, driven by the rising demand for safer and affordable commute. Aided by the improvement in bicycling infrastructure, the market is expected to witness a further growth in the forecast period of 2022-2027, growing at a CAGR of 13.10%. The market is projected to reach nearly USD 18.96 billion by 2027.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on type, the market is categorised into pedal assisted and throttle assisted. By drive units, the market is divided into mid-drive motors and hub motors. On the basis of battery, the market is classified into lead acid, and lithium ion, among others. The major applications of the industry are urban, tracking, and cargo, among others. The major countries of the Europe e-bike industry are Germany, the United Kingdom, France, Italy, and Spain, among others. The key players in the above market are Accell Group, Riese & Müller GmbH, Derby Cycle, Powabyke UK Ltd, and QWIC, among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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