Market Size of france e-bike Industry
| Icons | Lable | Value |
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Study Period | 2017 - 2029 |
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Market Size (2024) | USD 2.08 Billion |
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Market Size (2029) | USD 3.14 Billion |
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Largest Share by Propulsion Type | Pedal Assisted |
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CAGR (2024 - 2029) | 8.55 % |
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Fastest Growing by Propulsion Type | Throttle Assisted |
Major Players |
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*Disclaimer: Major Players sorted in no particular order |
France E-bike Market Analysis
The France E-bike Market size is estimated at 2.08 billion USD in 2024, and is expected to reach 3.14 billion USD by 2029, growing at a CAGR of 8.55% during the forecast period (2024-2029).
2.08 Billion
Market Size in 2024 (USD)
3.14 Billion
Market Size in 2029 (USD)
23.86 %
CAGR (2017-2023)
8.55 %
CAGR (2024-2029)
Largest Segment by Propulsion Type
76.90 %
value share, Pedal Assisted, 2023
E-bikes with pedal assistance produce more power from the motor, allowing riders assistance while pedaling and not making them feel tired, thus encouraging them to opt for pedal-assisted bicycles.
Largest Segment by Application Type
76.49 %
value share, City/Urban, 2023
The increasing use of bicycles for daily commutes to nearby locations, such as offices, schools, and shops, is making city/urban bikes the largest application type.
Largest Segment by Battery Type
100 %
value share, Lithium-ion Battery, 2023
Lightweight batteries, fast-charging technology, long-range offerings, and longer lifespan over conventional batteries make lithium-ion batteries the largest battery type segment in the market.
Fastest-growing Segment by Propulsion Type
8.59 %
Projected CAGR, Throttle Assisted, 2024-2029
Consumer preference toward speedy bikes over other transportation to avoid traffic congestion and save fuel cost while commuting to nearby locations makes speed pedelecs the fastest-growing propulsion-type segment.
Leading Market Player
8.01 %
market share, Giant Manufacturing Co. Ltd., 2022
High brand awareness, strong product lines, wide product offerings, and great R&D capabilities focused on innovation make Giant Manufacturing Co. the largest market player in France.
Propulsion Segment Market Overview
- France's current road system is proving insufficient to handle the daily increase in car traffic. The WHO estimates that 1.35 million individuals lose their lives in traffic accidents every year. E-bike use will decrease the number of automobiles on the road as they take up less space on the road and cause fewer traffic jams. As a result, more people in France are choosing to ride e-bikes, which may increase their demand in the country.
- The COVID-19 pandemic significantly increased the demand for electric bikes. E-bikes emerged as the preferred mode of transportation as they are quick, simple to ride, affordable, and safe. During the pandemic, people's growing anxiety regarding public transportation and social distancing measures also boosted the demand for e-bikes in France. However, with businesses shutting down and only necessary services being permitted to commute during the first quarter of 2020, along with the government's limitations and lockdowns, the sales of e-bikes slowed down in the country. After the relaxation of restrictions and with wide vaccination campaigns, the world regained normalcy, which, in turn, contributed to commuters' going back to their regular travel patterns.
- In the coming years the market is expected to witness significant growth. Factors that may speed up the expansion of the e-bike market include government financing and strict restrictions on pollution and traffic congestion. The increased public interest in e-bikes as an affordable, dependable, and eco-friendly alternative to traditional vehicles is driving the growth of the electric bicycle market in the country and globally.
Understand The Key Trends Shaping This Market
