Europe E-bike Market Report, by Bike Type (Mountain Bike, Road Bike, City Bike, Cargo Bike, and Others), by Battery Type (Lead Acid, Nickel-cadmium, Nickel-metal Hydride, and Lithium-ion), by Motor (Hub Motor and Mid Motor), by Operation Mode (Battery/Peddle Operated and Throttle Operated), and by Country (Germany, U.K., France, Italy, Russia, and Rest of Europe), published by Coherent Market Insights.

In response with rising popularity, e-bike manufacturers are focused on product innovation coupled with technological advancements such as introduction of SIM module that enables e-bike to transfer the data and information to and from the cloud without any connected smartphone. These connected e-bikes offer several advantageous features including remote diagnostics, anti-theft system, social media connection, integrated navigation, and automatic emergency cell. Robert Bosch is one of the major players in e-bike market, which offers connected bike solutions.

Europe E-bike Market - Impact of Coronavirus (Covid-19) Pandemic

COVID-19 has significantly disrupted almost all industries including infrastructure, retail, manufacturing, and others. To combat COVID-19 pandemic, most of the countries have implemented lockdowns and are now easing it phase-wise and industry wise. COVID-19 pandemic has shutdown the production of various products in the Europe e-bike industry, mainly owing to the prolonged lockdown in European countries. Amid COVID-19 crises, the prominent e-bike manufacturers such as Accell Group, BionX, Bosch, and Derby Cycle AG, among others, have faced an unexpected disruption in vehicle production and economic uncertainties. Most of the e-bike manufacturers are taking all requisite and sustainability measures to manage their liquidity, which include fund management, cost reduction, and focus on collections. Furthermore, these businesses entities are looking for all available options such as long-term funding and alternative capital availability to efficiently manage cash liquidity in the current situation.

To know the latest trends and insights prevalent in this market, click the link below:

https://www.coherentmarketinsights.com/market-insight/europe-e-bike-market-4996

Browse 150 market data tables* and 90 figures* on “Europe E-bike Market- Forecast to 2030”

Key Trends and Analysis of the Europe E-bike Market:

  • Among bike type, cargo bike segment held a dominant position in the Europe e-bike market in 2021. The latest technological advancements in e-bike have created various opportunities for major companies such as Giant Bicycles, Accell Group, and others in Europe, which is expected to drive the Europe e-bike market growth.
  • In January 2020, VanMoof, a developer and designer of urban e-bikes, launched the first augmented reality purchase experience. The new AR tool, which is integrated into Vanmoof’s website and online ads, allows users to place a virtual electrified e-bike and explore the high-tech features without visiting a VanMoof brand store waiting for home delivery.
  • Among battery type, Lithium-ion segment accounted for largest market share in 2021, and is expected to retain its dominance throughout the forecast period
  • Major players operating in the Europe e-bike market include 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.

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