Study Period | 2017 - 2029 |
Base Year For Estimation | 2024 |
Forecast Data Period | 2025 - 2029 |
Market Size (2025) | USD 21.28 Billion |
Market Size (2029) | USD 29.28 Billion |
CAGR (2025 - 2029) | 8.31 % |
Market Concentration | Low |
Major Players![]() *Disclaimer: Major Players sorted in no particular order |
Europe E-bike Market Analysis
The Europe E-bike Market size is estimated at 21.28 billion USD in 2025, and is expected to reach 29.28 billion USD by 2029, growing at a CAGR of 8.31% during the forecast period (2025-2029).
The European e-bike market is undergoing a significant transformation driven by technological advancements and changing consumer preferences. The integration of smart technologies, including connected features and advanced battery management systems, has revolutionized the riding experience. This evolution is particularly evident in the battery technology sector, where lithium-ion batteries have become the dominant power source, accounting for 99.81% of the market in 2023. Manufacturers are focusing on developing more efficient and sustainable battery solutions, with charging times decreasing and range capabilities expanding. The industry has also witnessed a shift toward more sophisticated design aesthetics and ergonomic considerations, making e-bikes more appealing to a broader consumer base.
Government initiatives across Europe are playing a crucial role in shaping the e-bike market in Europe landscape. Notable developments include Italy's commitment to invest EUR 200 million in urban bike route development by 2026, demonstrating the region's dedication to sustainable mobility infrastructure. Local authorities are implementing comprehensive cycling infrastructure plans, including dedicated lanes, secure parking facilities, and charging stations. These initiatives are complemented by various financial incentives and tax benefits offered by different European countries to encourage e-bike sales in Europe, ranging from purchase subsidies to tax breaks for company bike schemes.
Consumer preferences in the e-bike market have evolved significantly, with a clear trend toward specialized applications and premium features. The market has witnessed a notable concentration in three primary categories - city/urban, e-trekking, and e-MTB bikes - which collectively represented approximately 94% of all e-bike sales in 2022. This specialization reflects a growing sophistication in consumer demands, with buyers increasingly seeking bikes tailored to specific use cases, whether for urban commuting, recreational riding, or sport performance. The trend toward premiumization is evident in the growing demand for high-end models featuring advanced materials, integrated electronics, and customizable options.
The distribution and supply chain landscape is experiencing notable evolution, particularly in the commercial sector. Major retailers and logistics companies, including Amazon, Walmart, and IKEA, are increasingly incorporating e-cargo bikes into their delivery fleets, signaling a shift toward sustainable urban logistics solutions. The market has also witnessed the emergence of innovative business models, including subscription services, bike-sharing platforms, and direct-to-consumer sales channels. These developments are reshaping traditional distribution patterns and creating new opportunities for market expansion, while simultaneously addressing last-mile delivery challenges in urban areas. The e-bike sales statistics for 2023 indicate a robust growth trajectory, further emphasizing the potential for expansion within the EU electric bike sector.
Europe E-bike Market Trends
Germany stands out with its notably high adoption rates, indicating a mature market and strong consumer acceptance
- Europe has witnessed a significant demand for e-bicycles over the past few years. Rising fuel prices, traffic jams during peak hours, and exercise benefits are some of the factors responsible for the increasing adoption rate of e-bikes in European countries, such as the United Kingdom, Italy, Spain, and Germany. Denmark accounted for the major share of e-bike sales and had a higher adoption rate in 2019 than other countries in the region, such as Luxembourg. The growing demand for e-bikes further accelerated their adoption rate across Europe.
- The growing number of COVID-19 cases affected the bicycle business positively. As people avoided public or rented transportation to maintain social distancing, they changed their commuting methods and invested in e-bikes as a convenient and price-friendly option. Such factors accelerated the adoption rate of e-bikes in 2020 across Europe.
- The resumption of business operations and the relaxation of restrictions, such as lockdowns and trade activities, boosted the adoption of e-bikes and increased the import and export activities in the region. The growing consumer interest in e-bikes is expected to increase their adoption in the region during the forecast period.
Steady growth in 5-15 km commutes, especially in Belgium and the Netherlands, reflects efficient transportation and urban planning
- Europe has many bicycle-friendly countries, including the Netherlands, Poland, and the United Kingdom. The demand for bicycles has grown recently in these countries. People in Europe are gradually shifting toward bicycles for shorter commutes (5-15 km) or trips to neighboring areas, including businesses and markets. Belgium has the highest percentage of daily commuters within 5-15 km in Europe.
- The COVID-19 pandemic in 2020 changed people's perceptions of bicycles as a secure, isolating means of transportation. People chose bicycles as an ideal form of exercise during the pandemic or engaged in weekend leisurely rides to neighboring areas, thus increasing the number of commuters with a daily travel distance of 5-15 km by 0.3% in 2021. Consumers commuting a daily distance of 5-15 km per day were drawn to e-bikes with their cutting-edge battery packs that offer an increased range of up to 40-45 km.
- Many people in the region regularly commute by bicycle to their places of employment within 5-15 km. Bicycle commuting is increasingly common in developed countries like the United Kingdom, Germany, Netherlands, and Norway, largely because it is healthy, carbon-free, fuel-efficient, and saves time in traffic. During the forecast period, these factors are anticipated to accelerate the number of commuters traveling a daily distance of 5-15 km across Europe.
OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT
- Europe's total bicycle sales indicate a resilient market with growth, especially post-2020, highlighting an increased interest in cycling across the continent
- Germany and the UK face significant inflation peaks before a return to normalcy, marking a period of economic recalibration
- Prices across countries like Germany, UK, and France are converging toward the regional average, showing a uniform downward trend
- Germany and the Netherlands are prominent in expanding dedicated bicycle lanes, indicative of the region's strong focus on cycling infrastructure
- Europe's decrease is consistent, with Germany and Belgium having the fastest decline, while Italy and Spain's rates are moderate
- The overall trend indicates a strong and growing economy across Europe, with a temporary dip in 2020
- Germany and the UK show notable market values, but Italy and Poland demonstrate robust growth rates, diversifying the European bicycle rental landscape
- The UK and Germany are key contributors to the region's Hyper-Local Delivery market, both showing a steady increase in volume
- Germany, the UK, and France have the highest number of bicycle trekkers in Europe, with positive growth trends. Other European countries also contribute to the increasing number of trekkers.
- Belgium experiences increasing traffic congestion, contrasting with the Netherlands and Austria, which have the lowest and decreasing congestion rates in the region
Segment Analysis: Propulsion Type
Pedal Assisted Segment in Europe E-bike Market
The pedal-assisted segment continues to dominate the European e-bikes market, commanding approximately 81% market share in 2024. This dominance is driven by strong consumer preference for this technology across major markets like Germany, the Netherlands, and France. The segment's prominence is attributed to several factors, including compliance with European regulations that favor pedal-assisted systems, enhanced user experience through a natural riding feel, and improved battery efficiency compared to other propulsion types. The segment's growth is further supported by increasing adoption in urban mobility solutions, with many European cities implementing bike-sharing programs specifically featuring pedal-assisted e-bikes. Additionally, major manufacturers are focusing their R&D efforts on developing advanced pedal-assist systems with improved torque sensors and motor efficiency, while the segment also benefits from favorable government policies promoting sustainable transportation solutions.

Speed Pedelec Segment in Europe E-bike Market
The speed pedelec segment is experiencing notable growth in the European electric bike EU market, particularly in countries with developed cycling infrastructure and specific regulations for high-speed e-bikes. This segment's expansion is driven by increasing demand from long-distance commuters who require higher speeds for efficient travel between suburbs and city centers. The segment is benefiting from technological advancements in battery efficiency and motor systems, allowing for extended range capabilities while maintaining safety standards. Manufacturers are investing in developing sophisticated speed control systems and safety features to comply with European regulations while meeting consumer demands for faster commuting options. The segment is also seeing increased adoption in delivery services and commercial applications where higher speeds are advantageous for operational efficiency.
Remaining Segments in Propulsion Type
The throttle-assisted segment represents a significant portion of the European Europe electric two-wheeler market, offering an alternative propulsion solution for users who prefer more direct power control. This segment particularly appeals to users who may have physical limitations or prefer minimal pedaling effort, especially in challenging terrain or urban environments. While facing certain regulatory restrictions in some European countries, throttle-assisted e-bikes continue to find their niche in specific applications such as delivery services and urban mobility solutions. The segment's development is supported by ongoing innovations in throttle control systems, safety features, and integration with smart technologies to enhance user experience and operational efficiency.
Segment Analysis: Application Type
City/Urban Segment in Europe E-bike Market
The City/Urban segment dominates the European e-bikes market, commanding approximately 79% market share in 2024. This dominance is driven by increasing urbanization and the growing adoption of sustainable transportation solutions in major European cities. This segment's prominence is supported by extensive infrastructure development, including dedicated bike lanes and charging stations across urban centers. The segment's growth is further bolstered by government initiatives promoting eco-friendly transportation alternatives and the rising consumer preference for convenient, cost-effective mobility solutions for daily commuting. Major European cities like Amsterdam, Copenhagen, and Berlin have significantly contributed to this segment's dominance by implementing bike-friendly policies and expanding cycling infrastructure. Additionally, the integration of advanced features such as smart connectivity, improved battery life, and enhanced safety features has made city/urban e-bikes increasingly attractive to urban commuters.
Cargo/Utility Segment in Europe E-bike Market
The Cargo/Utility segment is emerging as a transformative force in the European e-bike market, particularly in the last-mile delivery and urban logistics sectors. This segment is projected to experience substantial growth from 2024 to 2029, driven by the expanding e-commerce sector and increasing demand for sustainable delivery solutions in urban areas. The growth is supported by businesses adopting eco-friendly delivery alternatives and municipalities implementing low-emission zones in city centers. Major logistics companies and retailers are increasingly incorporating cargo e-bikes into their delivery fleets, recognizing their efficiency in navigating congested urban areas and reducing operational costs. The segment's expansion is further supported by technological advancements in cargo capacity, battery life, and overall vehicle design, making these e-bikes more practical for commercial applications.
Remaining Segments in Application Type
The Trekking segment represents a significant portion of the European e-bike market, catering to adventure enthusiasts and recreational cyclists. This segment has gained traction due to the growing popularity of outdoor activities and adventure tourism across Europe. Trekking e-bikes are particularly popular in regions with varied terrain and extensive trail networks, offering users the perfect blend of traditional cycling experience with electric assistance for challenging landscapes. The segment benefits from continuous technological improvements in battery efficiency and motor performance, making these bikes more suitable for long-distance rides and challenging terrains. Manufacturers are focusing on developing specialized features for this segment, including enhanced suspension systems, durable frames, and advanced navigation capabilities.
Segment Analysis: Battery Type
Lithium-ion Battery Segment in Europe E-bike Market
The lithium-ion battery segment dominates the European e-bike market, commanding approximately 99.8% market share in 2024. This dominance is driven by its superior performance characteristics and declining costs. The segment's prominence is attributed to lithium-ion batteries offering the highest energy density and power density among available options, making them the most promising power source for e-bikes. These batteries enable manufacturers to increase vehicle range while simultaneously reducing battery pack size and weight, providing significant advantages over alternative technologies. The segment's growth is further supported by continuous technological advancements in battery chemistry, improved manufacturing processes, and increasing investments in lithium-ion battery production facilities across Europe. Additionally, the integration of smart battery management systems and enhanced charging capabilities has made lithium-ion batteries more appealing to both manufacturers and consumers, solidifying their position as the preferred choice for e-bike applications.
Lead Acid Battery Segment in Europe E-bike Market
The lead acid battery segment represents a small but established portion of the European e-bike market, primarily serving specific niche applications where initial cost considerations outweigh performance requirements. Despite their cost-effectiveness and reliability in challenging conditions, lead acid batteries face significant challenges in the e-bike market due to their heavier weight, lower energy density, and limited cycle life compared to lithium-ion alternatives. These batteries typically offer only 30-50% of their rated capacity in real-world applications, with a lifecycle ranging from 500-1,000 cycles. The segment's market presence continues to be sustained by applications where basic functionality and lower upfront costs are prioritized over advanced features and performance characteristics. However, as lithium-ion battery costs continue to decline and environmental regulations become stricter, the lead acid battery segment is experiencing a gradual shift in its market positioning.
Europe E-bike Market Geography Segment Analysis
E-bike Market in Germany
Germany dominates the European e-bike market, commanding approximately 43% of the market share in 2024. The country's leadership position is driven by its robust infrastructure development and strong environmental consciousness among consumers. The German government's commitment to sustainable transportation has resulted in extensive cycling infrastructure, including dedicated e-bike lanes and charging stations across major cities. Urban planning initiatives increasingly prioritize cyclist safety and convenience, making e-bikes an attractive alternative to traditional transportation. The country's strong manufacturing base, including numerous domestic e-bike producers, ensures a steady supply of high-quality products tailored to local preferences. German consumers particularly value the technical sophistication and build quality of e-bikes, leading to higher adoption rates in both urban and rural areas. The market is further strengthened by innovative retail concepts, including test-ride facilities and comprehensive after-sales service networks, which enhance the overall customer experience and build trust in e-bike technology.
E-bike Market in Poland
Poland emerges as the fastest-growing e-bike market in Europe, with a projected growth rate of approximately 17% from 2024 to 2029. The country's remarkable growth trajectory is fueled by rapid urbanization and increasing environmental awareness among younger consumers. Poland's transformation is particularly evident in major cities like Warsaw and Krakow, where municipal authorities are actively expanding cycling infrastructure and implementing bike-sharing programs that include e-bikes. The country's strategic position in European manufacturing networks has attracted significant investment from e-bike manufacturers, leading to increased local production capacity and more competitive pricing. Consumer preferences are evolving, with a growing appreciation for the convenience and cost-effectiveness of e-bikes compared to traditional transportation methods. The market is also benefiting from innovative financing solutions, including lease-to-own programs and corporate bike schemes, which make e-bikes more accessible to a broader consumer base. Additionally, the integration of advanced technologies, such as smart connectivity features and improved battery performance, is attracting tech-savvy consumers to the e-bike segment.
E-bike Market in France
France's e-bike market demonstrates remarkable dynamism, driven by strong urban mobility initiatives and changing consumer preferences. The country's commitment to reducing urban congestion and emissions has led to the development of comprehensive cycling infrastructure in major cities and suburban areas. French consumers increasingly view e-bikes as a practical solution for daily commuting, particularly in congested urban centers where traditional transportation options face limitations. The market benefits from strong government support through various initiatives promoting sustainable mobility solutions. Local manufacturers and retailers have responded to growing demand by offering diverse product ranges that cater to different user segments, from urban commuters to leisure riders. The French market also shows strong adoption in the commercial sector, with businesses increasingly utilizing e-bikes for last-mile delivery services. The integration of e-bikes into public transportation systems and corporate mobility programs has created new growth opportunities and usage scenarios within the European e-bike market.
E-bike Market in Netherlands
The Netherlands continues to exemplify how e-bikes can become an integral part of national transportation culture. The country's flat terrain and extensive cycling infrastructure provide ideal conditions for e-bike adoption across all age groups. Dutch consumers demonstrate sophisticated preferences in e-bike selection, favoring models that combine practicality with innovative features. The market is characterized by strong competition among both domestic and international brands, leading to continuous product innovation and improvement. Urban planning in Dutch cities increasingly incorporates e-bike considerations, including specialized parking facilities and charging infrastructure. The commercial sector has embraced e-bikes for various applications, from delivery services to corporate mobility solutions. The Dutch market also benefits from a well-developed ecosystem of maintenance and service providers, ensuring long-term customer satisfaction and sustained market growth. This dynamic environment contributes significantly to the overall European e-bike landscape.
E-bike Market in Other Countries
The remaining European countries, including Austria, Belgium, Czech Republic, Italy, Luxembourg, Spain, Switzerland, and the UK, each contribute uniquely to the region's e-bike market dynamics. These markets demonstrate varying levels of maturity and adoption patterns, influenced by local infrastructure development, consumer preferences, and regulatory frameworks. Southern European countries are seeing increased adoption driven by tourism and urban mobility needs, while Nordic countries focus on year-round usability and integration with public transportation systems. Each market shows distinct characteristics in terms of preferred e-bike types and usage patterns, from urban commuting in capital cities to recreational use in tourist destinations. The development of specialized market segments, such as e-cargo bikes for business use and high-performance e-bikes for sports enthusiasts, continues to create new opportunities across these markets. The ongoing expansion of charging infrastructure and cycling networks in these countries suggests continued market development and increasing adoption rates. Notably, the Spanish e-bike market is witnessing growth driven by its tourism industry and urban mobility initiatives.
Europe E-bike Industry Overview
Top Companies in Europe E-bike Market
The Europe E-bike market is characterized by intense competition among established manufacturers and emerging players, with companies like Accell Group, Pon Holding, and CUBE Bikes leading the innovation curve. Companies are focusing on developing advanced battery technologies, smart connectivity features, and ergonomic designs to differentiate their offerings in the market. Strategic expansions through retail networks and experience centers have become crucial for market penetration, with many players establishing dedicated showrooms and service hubs across major European cities. The industry has witnessed significant investment in research and development, particularly in areas such as battery efficiency, motor technology, and lightweight materials. Manufacturing capabilities are being enhanced through new facility establishments and production line modernizations, while partnerships with technology providers and component manufacturers have become increasingly important for maintaining a competitive advantage. Companies are also expanding their product portfolios to cover various segments, from urban commuters to performance e-bikes, while simultaneously developing innovative sales channels including direct-to-consumer models and subscription services.
Market Dominated by European Heritage Brands
The European e-bike market structure reflects a mix of traditional bicycle manufacturers who have successfully transitioned to e-bikes and specialized e-mobility companies focused exclusively on electric bikes. Local European manufacturers, particularly from Germany, the Netherlands, and Switzerland, maintain strong market positions due to their established brand reputation, deep understanding of regional preferences, and extensive distribution networks. The market has seen significant consolidation through strategic acquisitions, with larger conglomerates acquiring specialized e-bike manufacturers to expand their technological capabilities and market reach.
The competitive landscape is characterized by a balanced mix of global players and regional specialists, with European companies maintaining dominance in their home markets. Major automotive and mobility companies have entered the market through acquisitions and partnerships, bringing additional capital and technological expertise. The industry has witnessed vertical integration strategies, with companies acquiring component manufacturers and technology providers to secure supply chains and enhance innovation capabilities. Market participants are increasingly focusing on developing comprehensive mobility solutions rather than just product offerings, including maintenance services, financing options, and connected mobility platforms.
Innovation and Sustainability Drive Future Success
Success in the European e-bike market increasingly depends on companies' ability to integrate sustainable practices throughout their value chain while maintaining technological leadership. Manufacturers need to focus on developing proprietary technologies in battery management, motor efficiency, and connected features while ensuring compliance with evolving European regulations. Building strong after-sales networks, offering comprehensive warranty programs, and developing user-friendly digital interfaces have become crucial for maintaining market position. Companies must also address the growing demand for customization options and sustainable manufacturing practices while maintaining cost competitiveness.
Future market success will require companies to develop robust supply chain resilience while maintaining flexibility to adapt to changing consumer preferences and regulatory requirements. Emerging players can gain market share by focusing on specific niches or regional markets while investing in innovative features that address unique customer needs. The ability to offer integrated mobility solutions, including connectivity features and mobile applications, will become increasingly important for market success. Companies must also consider the growing importance of circular economy principles, including product recyclability and battery recycling programs, while developing strategies to address potential market consolidation and increasing competition from new entrants, particularly in the urban mobility segment. The luxury electric bike market is also expected to grow, driven by consumer demand for premium features and sustainable luxury options.
Europe E-bike Market Leaders
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Accell Group
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CUBE Bikes
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Giant Manufacturing Co. Ltd.
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Merida Industry Co. Ltd
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Pon Holding B.V.
- *Disclaimer: Major Players sorted in no particular order
Europe E-bike Market News
- December 2022: Volt Bikes and City AM collaborate to launch the ESG-Focused Project. Impact AM is a brand-new City AM division specializing in environmental, social, and governance issues.
- November 2022: CUBE announced the opening of its latest UK-based CUBE Store, located in Brunswick Place, Southampton.
- September 2022: Pon Holding, the owner of Cannondale, Cervelo, Santa Cruz, Gazelle, and other brands, announced plans to buy the Dutch e-bike brand Veloretti.
Free With This Report
We offer a comprehensive and complimentary collection of data points on regional and country-level metrics, crucial to understanding the industry's core structure. Our resources include over 120 free charts, providing rare data across various countries. This collection encompasses an analysis of e-bike outlets, distribution channels, and their geographical distribution, examination of average selling prices for different e-bike models across regions, insights into consumer preferences and purchasing patterns, a detailed segmentation of the market, comprehensive insights into market trends and environmental impacts, an overview of key market players, an examination of the regulatory landscape, and projections for the future of the e-bike market.
Europe E-bike Market Report - Table of Contents
1. EXECUTIVE SUMMARY & KEY FINDINGS
2. REPORT OFFERS
3. INTRODUCTION
- 3.1 Study Assumptions & Market Definition
- 3.2 Scope of the Study
- 3.3 Research Methodology
4. KEY INDUSTRY TRENDS
- 4.1 Bicycle Sales
- 4.2 GDP Per Capita
- 4.3 Inflation Rate
- 4.4 Adoption Rate Of E-bikes
- 4.5 Percent Population/commuters With 5-15 Km Daily Travel Distance
- 4.6 Bicycle Rental
- 4.7 E-bike Battery Price
- 4.8 Price Chart Of Different Battery Chemistry
- 4.9 Hyper-local Delivery
- 4.10 Dedicated Bicycle Lanes
- 4.11 Number Of Trekkers
- 4.12 Battery Charging Capacity
- 4.13 Traffic Congestion Index
- 4.14 Regulatory Framework
- 4.15 Value Chain & Distribution Channel Analysis
5. MARKET SEGMENTATION (includes market size in Value in USD and Volume, Forecasts up to 2029 and analysis of growth prospects)
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5.1 Propulsion Type
- 5.1.1 Pedal Assisted
- 5.1.2 Speed Pedelec
- 5.1.3 Throttle Assisted
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5.2 Application Type
- 5.2.1 Cargo/Utility
- 5.2.2 City/Urban
- 5.2.3 Trekking
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5.3 Battery Type
- 5.3.1 Lead Acid Battery
- 5.3.2 Lithium-ion Battery
- 5.3.3 Others
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5.4 Country
- 5.4.1 Austria
- 5.4.2 Belgium
- 5.4.3 Czech Republic
- 5.4.4 France
- 5.4.5 Germany
- 5.4.6 Italy
- 5.4.7 Luxembourg
- 5.4.8 Netherlands
- 5.4.9 Poland
- 5.4.10 Spain
- 5.4.11 Switzerland
- 5.4.12 UK
- 5.4.13 Rest-of-Europe
6. COMPETITIVE LANDSCAPE
- 6.1 Key Strategic Moves
- 6.2 Market Share Analysis
- 6.3 Company Landscape
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6.4 Company Profiles
- 6.4.1 Accell Group
- 6.4.2 Brompton Bicycle
- 6.4.3 CUBE Bikes
- 6.4.4 Fritzmeier Systems GmbH & Co. KG (M1 Sporttechnik)
- 6.4.5 Giant Manufacturing Co. Ltd.
- 6.4.6 Kalkhoff Werke GmbH
- 6.4.7 KTM Bike Industries
- 6.4.8 Merida Industry Co. Ltd
- 6.4.9 Pedego Electric Bikes
- 6.4.10 Pon Holding B.V.
- 6.4.11 Riese & Müller
- 6.4.12 Royal Dutch Gazelle
- 6.4.13 Swiss E-Mobility Group (SEMG)
- 6.4.14 Trek Bicycle Corporation
- 6.4.15 VanMoof BV
- 6.4.16 Volt Electric Bikes
- 6.4.17 Yamaha Bicycles
- *List Not Exhaustive
7. KEY STRATEGIC QUESTIONS FOR E BIKES CEOS
8. APPENDIX
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8.1 Global Overview
- 8.1.1 Overview
- 8.1.2 Porter’s Five Forces Framework
- 8.1.3 Global Value Chain Analysis
- 8.1.4 Market Dynamics (DROs)
- 8.2 Sources & References
- 8.3 List of Tables & Figures
- 8.4 Primary Insights
- 8.5 Data Pack
- 8.6 Glossary of Terms
List of Tables & Figures
- Figure 1:
- CONVETIONAL AND E-BIKE SALES, VOLUME IN UNITS, EUROPE, 2017 - 2029
- Figure 2:
- GDP PER CAPITA AT CURRENT PRICES, VALUE IN USD, EUROPE, 2017 - 2029
- Figure 3:
- INFLATION RATE AT AVERAGE CONSUMER PRICES, PERCENTAGE CHANGE, EUROPE, 2017 - 2029
- Figure 4:
- E-BIKE MARKET PENETRATION RATE, VOLUME PERCENTAGE, EUROPE, 2017 - 2029
- Figure 5:
- PROPORTION OF 5-15 KM DAILY TRAVELERS, PERCENTAGE, EUROPE, 2017 - 2029
- Figure 6:
- BICYCLE RENTAL SERVICE MARKET, REVENUE IN USD, EUROPE, 2017 - 2029
- Figure 7:
- COST OF LI-ION BATTERIES FOR E-BIKES, VALUE IN USD PER KWH, EUROPE, 2017 - 2029
- Figure 8:
- E-BIKE BATTERY TYPE PRICE COMPARISON, USD PER KWH, EUROPE, 2017 - 2029
- Figure 9:
- HYPER LOCAL DELIVERY SERVICE MARKET, REVENUE IN USD, EUROPE, 2017 - 2029
- Figure 10:
- LENGTH OF DEDICATED BICYCLE LANES, KM, EUROPE, 2017 - 2022
- Figure 11:
- TREKKER POPULATION, UNIT, EUROPE, 2017 - 2029
- Figure 12:
- AVERAGE CHARGING TIME OF E-BIKE BATTERIES, HOURS, EUROPE, 2017 - 2029
- Figure 13:
- TRAFFIC CONGESTION INTENSITY INDEX, EUROPE, 2017 - 2022
- Figure 14:
- EUROPE E-BIKE MARKET, VOLUME, UNITS, 2017 - 2029
- Figure 15:
- EUROPE E-BIKE MARKET, VALUE, USD MILLION, 2017 - 2029
- Figure 16:
- EUROPE E-BIKE MARKET, BY PROPULSION TYPE, VOLUME, UNITS, 2017 - 2029
- Figure 17:
- EUROPE E-BIKE MARKET, BY PROPULSION TYPE, VALUE, USD, 2017 - 2029
- Figure 18:
- EUROPE E-BIKE MARKET, BY PROPULSION TYPE, VOLUME, SHARE (%), 2017 VS 2023 VS 2029
- Figure 19:
- EUROPE E-BIKE MARKET, BY PROPULSION TYPE, VALUE, SHARE (%), 2017 VS 2023 VS 2029
- Figure 20:
- E-BIKE MARKET, BY PROPULSION TYPE, PEDAL ASSISTED, VOLUME, UNITS, EUROPE, 2017 - 2029
- Figure 21:
- E-BIKE MARKET, BY PROPULSION TYPE, PEDAL ASSISTED, VALUE, USD, EUROPE, 2017 - 2029
- Figure 22:
- BREAKDOWN OF PEDAL ASSISTED E-BIKE MARKET BY APPLICATION TYPE, REVENUE SHARE (%), EUROPE, 2023 VS 2029
- Figure 23:
- E-BIKE MARKET, BY PROPULSION TYPE, SPEED PEDELEC, VOLUME, UNITS, EUROPE, 2017 - 2029
- Figure 24:
- E-BIKE MARKET, BY PROPULSION TYPE, SPEED PEDELEC, VALUE, USD, EUROPE, 2017 - 2029
- Figure 25:
- BREAKDOWN OF SPEED PEDELEC E-BIKE MARKET BY APPLICATION TYPE, REVENUE SHARE (%), EUROPE, 2023 VS 2029
- Figure 26:
- E-BIKE MARKET, BY PROPULSION TYPE, THROTTLE ASSISTED, VOLUME, UNITS, EUROPE, 2017 - 2029
- Figure 27:
- E-BIKE MARKET, BY PROPULSION TYPE, THROTTLE ASSISTED, VALUE, USD, EUROPE, 2017 - 2029
- Figure 28:
- BREAKDOWN OF THROTTLE ASSISTED E-BIKE MARKET BY APPLICATION TYPE, REVENUE SHARE (%), EUROPE, 2023 VS 2029
- Figure 29:
- EUROPE E-BIKE MARKET, BY APPLICATION TYPE, VOLUME, UNITS, 2017 - 2029
- Figure 30:
- EUROPE E-BIKE MARKET, BY APPLICATION TYPE, VALUE, USD, 2017 - 2029
- Figure 31:
- EUROPE E-BIKE MARKET, BY APPLICATION TYPE, VOLUME, SHARE (%), 2017 VS 2023 VS 2029
- Figure 32:
- EUROPE E-BIKE MARKET, BY APPLICATION TYPE, VALUE, SHARE (%), 2017 VS 2023 VS 2029
- Figure 33:
- E-BIKE MARKET, BY APPLICATION TYPE, CARGO/UTILITY, VOLUME, UNITS, EUROPE, 2017 - 2029
- Figure 34:
- E-BIKE MARKET, BY APPLICATION TYPE, CARGO/UTILITY, VALUE, USD, EUROPE, 2017 - 2029
- Figure 35:
- BREAKDOWN OF CARGO/UTILITY E-BIKE MARKET BY PROPULSION TYPE, REVENUE SHARE (%), EUROPE, 2023 VS 2029
- Figure 36:
- E-BIKE MARKET, BY APPLICATION TYPE, CITY/URBAN, VOLUME, UNITS, EUROPE, 2017 - 2029
- Figure 37:
- E-BIKE MARKET, BY APPLICATION TYPE, CITY/URBAN, VALUE, USD, EUROPE, 2017 - 2029
- Figure 38:
- BREAKDOWN OF CITY/URBAN E-BIKE MARKET BY PROPULSION TYPE, REVENUE SHARE (%), EUROPE, 2023 VS 2029
- Figure 39:
- E-BIKE MARKET, BY APPLICATION TYPE, TREKKING, VOLUME, UNITS, EUROPE, 2017 - 2029
- Figure 40:
- E-BIKE MARKET, BY APPLICATION TYPE, TREKKING, VALUE, USD, EUROPE, 2017 - 2029
- Figure 41:
- BREAKDOWN OF TREKKING E-BIKE MARKET BY PROPULSION TYPE, REVENUE SHARE (%), EUROPE, 2023 VS 2029
- Figure 42:
- EUROPE E-BIKE MARKET, BY BATTERY TYPE, VOLUME, UNITS, 2017 - 2029
- Figure 43:
- EUROPE E-BIKE MARKET, BY BATTERY TYPE, VALUE, USD, 2017 - 2029
- Figure 44:
- EUROPE E-BIKE MARKET, BY BATTERY TYPE, VOLUME, SHARE (%), 2017 VS 2023 VS 2029
- Figure 45:
- EUROPE E-BIKE MARKET, BY BATTERY TYPE, VALUE, SHARE (%), 2017 VS 2023 VS 2029
- Figure 46:
- E-BIKE MARKET, BY BATTERY TYPE, LEAD ACID BATTERY, VOLUME, UNITS, EUROPE, 2017 - 2029
- Figure 47:
- E-BIKE MARKET, BY BATTERY TYPE, LEAD ACID BATTERY, VALUE, USD, EUROPE, 2017 - 2029
- Figure 48:
- BREAKDOWN OF LEAD ACID BATTERY E-BIKE MARKET BY PROPULSION TYPE, REVENUE SHARE (%), EUROPE, 2023 VS 2029
- Figure 49:
- E-BIKE MARKET, BY BATTERY TYPE, LITHIUM-ION BATTERY, VOLUME, UNITS, EUROPE, 2017 - 2029
- Figure 50:
- E-BIKE MARKET, BY BATTERY TYPE, LITHIUM-ION BATTERY, VALUE, USD, EUROPE, 2017 - 2029
- Figure 51:
- BREAKDOWN OF LITHIUM-ION BATTERY E-BIKE MARKET BY PROPULSION TYPE, REVENUE SHARE (%), EUROPE, 2023 VS 2029
- Figure 52:
- E-BIKE MARKET, BY BATTERY TYPE, OTHERS, VOLUME, UNITS, EUROPE, 2017 - 2029
- Figure 53:
- E-BIKE MARKET, BY BATTERY TYPE, OTHERS, VALUE, USD, EUROPE, 2017 - 2029
- Figure 54:
- BREAKDOWN OF OTHERS E-BIKE MARKET BY PROPULSION TYPE, REVENUE SHARE (%), EUROPE, 2023 VS 2029
- Figure 55:
- EUROPE E-BIKE MARKET, ALL , VOLUME, UNITS, 2017 - 2029
- Figure 56:
- EUROPE E-BIKE MARKET, ALL , VALUE, USD, 2017 - 2029
- Figure 57:
- EUROPE E-BIKE MARKET, ALL , VOLUME, SHARE (%), 2017 VS 2023 VS 2029
- Figure 58:
- EUROPE E-BIKE MARKET, ALL , VALUE, SHARE (%), 2017 VS 2023 VS 2029
- Figure 59:
- E-BIKE MARKET, BY COUNTRY, AUSTRIA, VOLUME, UNITS, EUROPE, 2017 - 2029
- Figure 60:
- E-BIKE MARKET, BY COUNTRY, AUSTRIA, VALUE, USD, EUROPE, 2017 - 2029
- Figure 61:
- BREAKDOWN OF AUSTRIA E-BIKE MARKET BY PROPULSION TYPE, REVENUE SHARE (%), EUROPE, 2023 VS 2029
- Figure 62:
- E-BIKE MARKET, BY COUNTRY, BELGIUM, VOLUME, UNITS, EUROPE, 2017 - 2029
- Figure 63:
- E-BIKE MARKET, BY COUNTRY, BELGIUM, VALUE, USD, EUROPE, 2017 - 2029
- Figure 64:
- BREAKDOWN OF BELGIUM E-BIKE MARKET BY PROPULSION TYPE, REVENUE SHARE (%), EUROPE, 2023 VS 2029
- Figure 65:
- E-BIKE MARKET, BY COUNTRY, CZECH REPUBLIC, VOLUME, UNITS, EUROPE, 2017 - 2029
- Figure 66:
- E-BIKE MARKET, BY COUNTRY, CZECH REPUBLIC, VALUE, USD, EUROPE, 2017 - 2029
- Figure 67:
- BREAKDOWN OF CZECH REPUBLIC E-BIKE MARKET BY PROPULSION TYPE, REVENUE SHARE (%), EUROPE, 2023 VS 2029
- Figure 68:
- E-BIKE MARKET, BY COUNTRY, FRANCE, VOLUME, UNITS, EUROPE, 2017 - 2029
- Figure 69:
- E-BIKE MARKET, BY COUNTRY, FRANCE, VALUE, USD, EUROPE, 2017 - 2029
- Figure 70:
- BREAKDOWN OF FRANCE E-BIKE MARKET BY PROPULSION TYPE, REVENUE SHARE (%), EUROPE, 2023 VS 2029
- Figure 71:
- E-BIKE MARKET, BY COUNTRY, GERMANY, VOLUME, UNITS, EUROPE, 2017 - 2029
- Figure 72:
- E-BIKE MARKET, BY COUNTRY, GERMANY, VALUE, USD, EUROPE, 2017 - 2029
- Figure 73:
- BREAKDOWN OF GERMANY E-BIKE MARKET BY PROPULSION TYPE, REVENUE SHARE (%), EUROPE, 2023 VS 2029
- Figure 74:
- E-BIKE MARKET, BY COUNTRY, ITALY, VOLUME, UNITS, EUROPE, 2017 - 2029
- Figure 75:
- E-BIKE MARKET, BY COUNTRY, ITALY, VALUE, USD, EUROPE, 2017 - 2029
- Figure 76:
- BREAKDOWN OF ITALY E-BIKE MARKET BY PROPULSION TYPE, REVENUE SHARE (%), EUROPE, 2023 VS 2029
- Figure 77:
- E-BIKE MARKET, BY COUNTRY, LUXEMBOURG, VOLUME, UNITS, EUROPE, 2017 - 2029
- Figure 78:
- E-BIKE MARKET, BY COUNTRY, LUXEMBOURG, VALUE, USD, EUROPE, 2017 - 2029
- Figure 79:
- BREAKDOWN OF LUXEMBOURG E-BIKE MARKET BY PROPULSION TYPE, REVENUE SHARE (%), EUROPE, 2023 VS 2029
- Figure 80:
- E-BIKE MARKET, BY COUNTRY, NETHERLANDS, VOLUME, UNITS, EUROPE, 2017 - 2029
- Figure 81:
- E-BIKE MARKET, BY COUNTRY, NETHERLANDS, VALUE, USD, EUROPE, 2017 - 2029
- Figure 82:
- BREAKDOWN OF NETHERLANDS E-BIKE MARKET BY PROPULSION TYPE, REVENUE SHARE (%), EUROPE, 2023 VS 2029
- Figure 83:
- E-BIKE MARKET, BY COUNTRY, POLAND, VOLUME, UNITS, EUROPE, 2017 - 2029
- Figure 84:
- E-BIKE MARKET, BY COUNTRY, POLAND, VALUE, USD, EUROPE, 2017 - 2029
- Figure 85:
- BREAKDOWN OF POLAND E-BIKE MARKET BY PROPULSION TYPE, REVENUE SHARE (%), EUROPE, 2023 VS 2029
- Figure 86:
- E-BIKE MARKET, BY COUNTRY, SPAIN, VOLUME, UNITS, EUROPE, 2017 - 2029
- Figure 87:
- E-BIKE MARKET, BY COUNTRY, SPAIN, VALUE, USD, EUROPE, 2017 - 2029
- Figure 88:
- BREAKDOWN OF SPAIN E-BIKE MARKET BY PROPULSION TYPE, REVENUE SHARE (%), EUROPE, 2023 VS 2029
- Figure 89:
- E-BIKE MARKET, BY COUNTRY, SWITZERLAND, VOLUME, UNITS, EUROPE, 2017 - 2029
- Figure 90:
- E-BIKE MARKET, BY COUNTRY, SWITZERLAND, VALUE, USD, EUROPE, 2017 - 2029
- Figure 91:
- BREAKDOWN OF SWITZERLAND E-BIKE MARKET BY PROPULSION TYPE, REVENUE SHARE (%), EUROPE, 2023 VS 2029
- Figure 92:
- E-BIKE MARKET, BY COUNTRY, UK, VOLUME, UNITS, EUROPE, 2017 - 2029
- Figure 93:
- E-BIKE MARKET, BY COUNTRY, UK, VALUE, USD, EUROPE, 2017 - 2029
- Figure 94:
- BREAKDOWN OF UK E-BIKE MARKET BY PROPULSION TYPE, REVENUE SHARE (%), EUROPE, 2023 VS 2029
- Figure 95:
- E-BIKE MARKET, BY COUNTRY, REST-OF-EUROPE, VOLUME, UNITS, EUROPE, 2017 - 2029
- Figure 96:
- E-BIKE MARKET, BY COUNTRY, REST-OF-EUROPE, VALUE, USD, EUROPE, 2017 - 2029
- Figure 97:
- BREAKDOWN OF REST-OF-EUROPE E-BIKE MARKET BY PROPULSION TYPE, REVENUE SHARE (%), EUROPE, 2023 VS 2029
- Figure 98:
- EUROPE E-BIKE MARKET, MOST ACTIVE COMPANIES, BY NUMBER OF STRATEGIC MOVES, 2020 - 2022
- Figure 99:
- EUROPE E-BIKE MARKET, MOST ADOPTED STRATEGIES, 2020 - 2022
- Figure 100:
- EUROPE E-BIKE MARKET SHARE(%), BY MAJOR PLAYER REVENUE, 2022
Europe E-bike Industry Segmentation
Pedal Assisted, Speed Pedelec, Throttle Assisted are covered as segments by Propulsion Type. Cargo/Utility, City/Urban, Trekking are covered as segments by Application Type. Lead Acid Battery, Lithium-ion Battery, Others are covered as segments by Battery Type. Austria, Belgium, Czech Republic, France, Germany, Italy, Luxembourg, Netherlands, Poland, Spain, Switzerland, UK, Rest-of-Europe are covered as segments by Country.Propulsion Type | Pedal Assisted |
Speed Pedelec | |
Throttle Assisted | |
Application Type | Cargo/Utility |
City/Urban | |
Trekking | |
Battery Type | Lead Acid Battery |
Lithium-ion Battery | |
Others | |
Country | Austria |
Belgium | |
Czech Republic | |
France | |
Germany | |
Italy | |
Luxembourg | |
Netherlands | |
Poland | |
Spain | |
Switzerland | |
UK | |
Rest-of-Europe |
Market Definition
- By Application Type - E-bikes considered under this segment include city/urban, trekking, and cargo/utility e-bikes. The common types of e-bikes under these three categories include off-road/hybrid, kids, ladies/gents, cross, MTB, folding, fat tire, and sports e-bike.
- By Battery Type - This segment includes lithium-ion batteries, lead-acid batteries, and other battery types. The other battery type category includes nickel-metal hydroxide (NiMH), silicon, and lithium-polymer batteries.
- By Propulsion Type - E-bikes considered under this segment include pedal-assisted e-bikes, throttle-assisted e-bikes, and speed pedelec. While the speed limit of pedal and throttle-assisted e-bikes is usually 25 km/h, the speed limit of speed pedelec is generally 45 km/h (28 mph).
Keyword | Definition |
---|---|
Pedal Assisted | Pedal-assist or pedelec category refers to the electric bikes that provide limited power assistance through torque-assist system and do not have throttle for varying the speed. The power from the motor gets activated upon pedaling in these bikes and reduces human efforts. |
Throttle Assisted | Throttle-based e-bikes are equipped with the throttle assistance grip, installed on the handlebar, similarly to motorbikes. The speed can be controlled by twisting the throttle directly without the need to pedal. The throttle response directly provides power to the motor installed in the bicycles and speeds up the vehicle without paddling. |
Speed Pedelec | Speed pedelec is e-bikes similar to pedal-assist e-bikes as they do not have throttle functionality. However, these e-bikes are integrated with an electric motor which delivers power of approximately 500 W and more. The speed limit of such e-bikes is generally 45 km/h (28 mph) in most of the countries. |
City/Urban | The city or urban e-bikes are designed with daily commuting standards and functions to be operated within the city and urban areas. The bicycles include various features and specifications such as comfortable seats, sit upright riding posture, tires for easy grip and comfortable ride, etc. |
Trekking | Trekking and mountain bikes are special types of e-bikes that are designed for special purposes considering the robust and rough usage of the vehicles. These bicycles include a strong frame, and wide tires for better and advanced grip and are also equipped with various gear mechanisms which can be used while riding in different terrains, rough grounded, and tough mountainous roads. |
Cargo/Utility | The e-cargo or utility e-bikes are designed to carry various types of cargo and packages for shorter distances such as within urban areas. These bikes are usually owned by local businesses and delivery partners to deliver packages and parcels at very low operational costs. |
Lithium-ion Battery | A Li-ion battery is a rechargeable battery, which uses lithium and carbon as its constituent materials. The Li-Ion batteries have a higher density and lesser weight than sealed lead acid batteries and provide the rider with more range per charge than other types of batteries. |
Lead Acid Battery | A lead acid battery refers to sealed lead acid battery having a very low energy-to-weight and energy-to-volume ratio. The battery can produce high surge currents, owing to its relatively high power-to-weight ratio as compared to other rechargeable batteries. |
Other Batteries | This includes electric bikes using nickel–metal hydroxide (NiMH), silicon, and lithium-polymer batteries. |
Business-to-Business (B2B) | The sales of e-bikes to business customers such as urban fleet and logistics company, rental/sharing operators, last-mile fleet operators, and corporate fleet operators are considered under this category. |
Business-to-Customers (B2C) | The sales of electric scooters and motorcycles to direct consumers is considered under this category. The consumers acquire these vehicles either directly from manufacturers or from other distributers and dealers through online and offline channel. |
Unorganized Local OEMs | These players are small local manufacturers and assemblers of e-bikes. Most of these manufacturers import the components from China and Taiwan and assemble them locally. They offer the product at low cost in this price sensitive market which give them advantage over organized manufacturers. |
Battery-as-a-Service | A business model in which the battery of an EV can be rented from a service provider or swapped with another battery when it runs out of charge |
Dockless e-Bikes | Electric bikes that have self-locking mechanisms and a GPS tracking facility with an average top speed of around 15mph. These are mainly used by bike-sharing companies such as Bird, Lime, and Spin. |
Electric Vehicle | A vehicle which uses one or more electric motors for propulsion. Includes cars, scooters, buses, trucks, motorcycles, and boats. This term includes all-electric vehicles and hybrid electric vehicles |
Plug-in EV | An electric vehicle that can be externally charged and generally includes all-electric vehicles as well as plug-in hybrids. In this report we use the term for all-electric vehicles to differentiate them from plug-in hybrid electric vehicles. |
Lithium-Sulphur Battery | A rechargeable battery that replaces the liquid or polymer electrolyte found in current lithium-ion batteries with sulfur. They have more capacity than Li-ion batteries. |
Micromobility | Micromobility is one of the many modes of transport involving very-light-duty vehicles to travel short distances. These means of transportation include bikes, e-scooters, e-bikes, mopeds, and scooters. Such vehicles are used on a sharing basis for covering short distances, usually five miles or less. |
Low Speed Electric Vehicls (LSEVs) | They are low speed (usually less than 25 kmph) light vehicles that do not have an internal combustion engine, and solely use electric energy for propulsion. |
Research Methodology
Mordor Intelligence follows a four-step methodology in all its reports.
- Step-1: Identify Key Variables: To build a robust forecasting methodology, the variables and factors identified in Step-1 are tested against available historical market numbers. Through an iterative process, the variables required for market forecast are set and the model is built based on these variables.
- Step-2: Build a Market Model: Market-size estimations for the historical and forecast years have been provided in revenue and volume terms. Market revenue is calculated by multiplying the volume demand with volume-weighted average battery pack price (per kWh). Battery pack price estimation and forecast takes into account various factors affecting ASP, such as inflation rates, market demand shifts, production costs, technological developments, and consumer preferences, providing estimations for both historical data and future trends.
- Step-3: Validate and Finalize: In this important step, all market numbers, variables, and analyst calls are validated through an extensive network of primary research experts from the market studied. The respondents are selected across levels and functions to generate a holistic picture of the market studied.
- Step-4: Research Outputs: Syndicated Reports, Custom Consulting Assignments, Databases & Subscription Platforms