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Electric bike is a bicycle with an integrated electric motor drive mechanism and battery, which produces power for causing or assisting propulsion. Various kinds of globally available e-bikes range from electric bikes with a small motor to assist the pedal-power of the rider to more powerful e-bikes that produce power to completely drive the bike using throttle. Electric bikes are flexible, versatile, eco-friendly, and trendy mode of transport. Consumers look up to them as an ideal substitute for scooters, smart cars, and public transport. These bikes help tackle traffic congestion, owing to the smaller size of e-bikes, attain higher speed with lesser effort, and health benefits attained with peddling. These factors lead to rise in popularity of electric bikes across the globe. Factors such as implementation of government regulations to encourage the use of electric bikes, consumer inclination toward use of e-bikes as an eco-friendly & efficient solution for commute, increase in fuel costs, and rise in interest in cycling as a fitness & recreational activity are expected to drive the market growth. However, high cost of e-bikes and ban on use of e-bikes in major cities of Europe are expected to hinder the market growth. Furthermore, improvement in bicycling infrastructure & battery technology are expected to offer lucrative opportunities for the Europe e-bike market growth.

Market Dynamics

E-bikes are less expensive than cars, do not require license, and can be used on existing bicycling infrastructure. Rapid urbanization and less preference of consumers to use cars due to increased traffic congestion are anticipated to offer lucrative opportunities for market expansion. In addition, governments of various countries focus on the development of infrastructure for e-bikes including bicycle tracks and public charging stations with the inclination of consumers toward e-bikes.  For instance, in August 2021, Germany-based startup, Dance, launched its subscription service in its hometown of Berlin. For a flat monthly fee of US$ 88.09  users will get a custom-designed electric bike as well as access to an on-demand repair and maintenance service.

Key features of the study:

  • This report provides an in-depth analysis of Europe e-bike market size (US$ Million) and compound annual growth rate (CAGR %) for the forecast period (2022– 2030), considering 2021 as the base year
  • It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategies adopted by the leading  market players
  • It profiles leading players in the Europe e-bike market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, market capital, key developments, strategies, and future plans
  • Companies covered as a part of this study Accell Group, BionX, Bosch, Derby Cycle AG, Easy Motion, Electric Bike Technologies LLC, Giant Bicycles, GRACE, Jiangsu Xinri E-Vehicle Co. Ltd., Panasonic, Pedego, Stromer, Superpedestrian, Trek, and Yadea Technology Group Co. Ltd.
  • Insights from this report would allow marketers and management authorities of companies to make informed decisions regarding future product launches, product upgrades, market expansion, and marketing tactics
  • The Europe e-bike market report caters to various stakeholders in this industry including investors, suppliers, managed service providers, third-party service providers, distributors, new entrants, and value-added resellers
  • Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the Europe e-bike market

Detailed Segmentation

  • Europe E-bike market, By Bike Type:
    • Mountain Bike
    • Road Bike
    • City Bike
    • Cargo Bike
    • Others
  • Europe E-bike market, By Battery Type:
    • Lead Acid
    • Nickel-cadmium
    • Nickel-metal Hydride
    • Lithium-ion
  • Europe E-bike market, By Motor:
    • Hub Motor
    • Mid Motor
  • Europe E-bike market, By Operation Mode:
    • Battery/Peddle Operated
    • Throttle Operated
  • Europe E-bike market, By Region:
    • Europe
      • By Country:
        • Germany
        • Italy
        • U.K.
        • France
        • Russia
        • Rest of Europe
  • Company Profiles
    • Accell Group*
      • Company Overview
      • Product Portfolio
      • Financial Performance
      • Key Strategies
      • Recent Developments/ Updates
    • BionX
    • Bosch
    • Derby Cycle AG
    • Easy Motion
    • Electric Bike Technologies LLC
    • Giant Bicycles
    • GRACE
    • Jiangsu Xinri E-Vehicle Co. Ltd.
    • Panasonic
    • Pedego
    • Stromer
    • Superpedestrian
    • Trek
    • Yadea Technology Group Co. Ltd.
  • “*” marked represents similar segmentation in other categories in the respective section

Detailed Segmentation

  • Europe E-bike market, By Bike Type:
    • Mountain Bike
    • Road Bike
    • City Bike
    • Cargo Bike
    • Others
  • Europe E-bike market, By Battery Type:
    • Lead Acid
    • Nickel-cadmium
    • Nickel-metal Hydride
    • Lithium-ion
  • Europe E-bike market, By Motor:
    • Hub Motor
    • Mid Motor
  • Europe E-bike market, By Operation Mode:
    • Battery/Peddle Operated
    • Throttle Operated
  • Europe E-bike market, By Region:
    • Europe
      • By Bike Type:
        • Mountain Bike
        • Road Bike
        • City Bike
        • Cargo Bike
        • Other
      • By Battery Type:
        • Lead Acid
        • Nickel-cadmium
        • Nickel-metal Hydride
        • Lithium-ion
      • By Motor:
        • Hub Motor
        • Mid Motor
      • By Operation Mode:
        • Battery/Peddle Operated
        • Throttle Operated
      • By Country:
        • Germany
        • Italy
        • U.K.
        • France
        • Russia
        • Rest of Europe

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