Luxembourg E-bike Market SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS UP TO 2029

The Luxembourg E-bike Market is segmented by Propulsion Type (Pedal Assisted, Speed Pedelec, Throttle Assisted), by Application Type (Cargo/Utility, City/Urban, Trekking) and by Battery Type (Lead Acid Battery, Lithium-ion Battery, Others). Market Volume in Units and Market Value in USD is presented. Key data points observed include the number of e-bike sold by propulsion, application type for each propulsion type; and, battery type for each propulsion type.

Luxembourg E-bike Market Size

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Luxembourg E-bike Market Summary
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Icons Lable Value
https://s3.mordorintelligence.com/study%20period/1629296433432_test~study_period_study_period.svg Study Period 2017 - 2029
https://s3.mordorintelligence.com/cagr/1629296433433_test~cagr_cagr.svg Market Size (2024) USD 14.17 Million
https://s3.mordorintelligence.com/cagr/1629296433433_test~cagr_cagr.svg Market Size (2029) USD 19.95 Million
https://s3.mordorintelligence.com/hydraulic_fluids/1629285650767_test~hydraulic_fluids_hydraulic_fluids.svg Largest Share by Propulsion Type Pedal Assisted
https://s3.mordorintelligence.com/cagr/1629296433433_test~cagr_cagr.svg CAGR (2024 - 2029) 7.09 %
https://s3.mordorintelligence.com/hydraulic_fluids/1629285650767_test~hydraulic_fluids_hydraulic_fluids.svg Fastest Growing by Propulsion Type Throttle Assisted

Major Players

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*Disclaimer: Major Players sorted in alphabetical order.

Key Players

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Luxembourg E-bike Market Analysis

The Luxembourg E-bike Market size is estimated at 14.17 million USD in 2024, and is expected to reach 19.95 million USD by 2029, growing at a CAGR of 7.09% during the forecast period (2024-2029).

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14.17 Million

Market Size in 2024 (USD)

19.95 Million

Market Size in 2029 (USD)

16.09 %

CAGR (2017-2023)

7.09 %

CAGR (2024-2029)

Largest Segment by Propulsion Type

79.76 %

value share, Pedal Assisted , 2023

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E-bikes with pedal assistance produce more power from the motor, allowing riders to pedal more quickly and easily, further saving time and money. This factor has made pedal assisted the largest segment.

Largest Segment by Application Type

75.61 %

value share, City/Urban , 2023

Icon image

People’s daily commute by bike to nearby locations like offices, schools, and marketplaces is increasing rapidly, making city/urban bikes the largest application type.

Largest Segment by Battery Type

99.58 %

value share, Lithium-ion Battery , 2023

Icon image

Due to their lightweight design, extended operating range, quick charging, lifespan, and steadily falling price as technology develops, lithium-ion batteries are the largest used battery type.

Fastest-Growing Segment by Propulsion Type

7.13 %

Projected CAGR, Throttle Assisted , 2024-2029

Icon image

Going swiftly on terrain, saving time, putting in less effort, and reaching higher speeds are the factors drawing customers to buy bikes with throttle systems, hence making throttle assist the fastest-growing segment.

Leading Market Player

17.20 %

market share, Royal Dutch Gazelle , 2022

Icon image

Royal Dutch Gazelle, one of the oldest Dutch brands with a wide customer reach and an operating subsidiary of the Accell Group, is making itself well-known in Luxembourg.

PROPULSION SEGMENT MARKET OVERVIEW

  • The COVID-19 pandemic initially hindered the e-bike industry's growth in Luxembourg. Consumers in Luxembourg started to favor e-bikes after the pandemic because it made private transportation preferable to public transportation. Riders began converting to single-person transit because it uses less fuel and avoids congestion and crowds.
  • The e-bike market in Luxembourg is still in its early stages and is expected to develop at the quickest rate over the coming years. The rapid development of micro-mobility infrastructure in the area is the main factor causing the market to record tremendous growth.
  • With fuel prices continuously rising, the government and consumers will turn toward electric mobility. Since the pedal-assisted bicycle is better suited for shorter distances, speed pedelec is expected to be the most practical option in the near future. As the power and speed capabilities of e-bikes improve, consumers will likely gravitate toward speed pedelecs over the coming years. Since Luxembourg has legislation limiting the use of throttle-assisted e-bikes, they are far less common than pedal-assisted e-bikes.
Luxembourg E-bike Market

Luxembourg E-bike Market Trends

Luxembourg exhibits steady growth in E-Bike adoption rates, reflecting an expanding market and consumer interest.

  • The bicycle has gradually become one of the popular modes of daily commuting over the past few years in Luxembourg. Moreover, the launch of e-bikes has increased the demand for bicycles in recent years. Regular growth in pollution and traffic conditions along with a hike in fuel prices shifted people to opt for eco and pocket-friendly options. As a result, the adoption rate for e-bikes has increased in 2019 over 2018 in Luxembourg
  • The pandemic wave in 2020 has created a positive impact on the e-bike market across various areas of Luxembourg. Factors such as priority to social distancing and fear of using public and rented transportation services have changed the commuting methods of the consumer which further has encouraged consumers to invest in e-bikes, as a convenient and price-friendly option for daily commuting to offices and nearby places. Such factors have accelerated the adoption rate in 2020 over 2019 across the country.
  • Awareness of e-bikes among the population of the country is changing the commuting habits and vehicles in the country, factors such as effortless riding, no fuel expenses as compared to other vehicles, eco-friendly rides, affordable price of the vehicles, and exercising benefits are responsible for the growth of e-bikes. The country has witnessed an e-bike adoption rate in 2021 over 2020, which is projected to grow during the forecast period in Luxembourg.
Luxembourg E-bike Market

Luxembourg exhibits a steady increase in the population commuting 5-15 km daily, reflecting evolving travel habits.

  • The number of bicycle users in Luxembourg has increased significantly over the past several years due to the growing interest of people in safe and sustainable commuting ways. However, most people traveling to different locations, such as offices, businesses, or market areas, opted for public transportation, which was among the most commonly used methods. Less than 10% of people opted for bicycles (including e-bikes) to travel between 5 and 15 kilometers.
  • The COVID-19 pandemic had a significant impact on the Luxembourg bicycle market. People opted to bike or walk to work rather than use public transportation to ensure social distancing. Following the pandemic, fewer individuals used public transport and chose bicycles, which increased the sales of bicycles by 22.50% in 2021 over 2020. The advancements in e-bikes and the introduction of cutting-edge features like longer battery lives encouraged more people to opt for bicycles, which resulted in a rise of 0.2% in the number of commuters using bicycles to travel 5-15 kilometers in Luxembourg in 2021 over 2020.
  • People started riding bicycles to work regularly due to the removal of restrictions and the declining number of COVID-19 cases. Many people now commute daily on bicycles between workplaces, businesses, and nearby markets within a distance of 5 to 15 kilometers. Bicycling to work is becoming more popular due to the health advantages, zero emissions, and the time saved in avoiding traffic. Such factors are expected to increase the number of commuters traveling between 5 and 15 kilometers and result in them accounting for 78.7% of Luxembourg's population during the forecast period.
Luxembourg E-bike Market

OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT

  • Luxembourg's bicycle sales peak in 2021, followed by a decline, suggesting a market adjusting after a period of increased demand.
  • Luxembourg's inflation rates show a peak in 2022, followed by a stable outlook, indicating effective economic management.
  • Luxembourg's e-bike battery prices show a consistent decrease, indicating market growth and increased efficiency.
  • Luxembourg's modest but steady growth in dedicated bicycle lanes indicates a growing awareness and initiative towards cycling-friendly urban planning.
  • Luxembourg's E-bike charging time is consistently reducing, highlighting the country's focus on sustainable transportation and efficient charging solutions.
  • Luxembourg's exceptionally high GDP per capita highlights its economic prosperity and dominant financial services sector.
  • Luxembourg's bicycle rental market, though smaller, exhibits steady growth, indicating a stable niche market with potential.
  • Luxembourg's hyper-local delivery sector shows modest growth, indicating a gradual shift towards localized online consumer services.
  • Luxembourg's modest but growing trekker numbers suggest an increasing interest in exploring its natural landscapes and recreational trails.
  • Luxembourg's Traffic Congestion Index shows minor fluctuations, suggesting relatively stable but slightly variable traffic conditions.

Luxembourg E-bike Industry Overview

The Luxembourg E-bike Market is moderately consolidated, with the top five companies occupying 47.59%. The major players in this market are Batavus Intercycle Corporation, Principia Bikes, Royal Dutch Gazelle, Van Moof BV and Winther (sorted alphabetically).

Luxembourg E-bike Market Leaders

  1. Batavus Intercycle Corporation

  2. Principia Bikes

  3. Royal Dutch Gazelle

  4. Van Moof BV

  5. Winther

Luxembourg E-bike Market Concentration

Other important companies include Cortina Bikes, Ride1Up, Specialized Bicycle Components, Stella Automobili, Strom.

*Disclaimer: Major Players sorted in alphabetical order.

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Luxembourg E-bike Market News

  • December 2022: E-bike manufacturer Stella Cycling is launced a brand new outlet in Nunspeet.
  • December 2022: E-bike manufacturer Stella Cycling is launching a new family bike, called Muto Mutti . The e-bike is designed to function as a mom's bike (or dad's bike) with innovative functionalities for ultimate ease of use.
  • September 2022: Specialized, announced a recall of some battery packs on specific electric mountain bike models in May 2021 owing to fire dangers caused by these batteries' flaws.

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.

Luxembourg E-bike Market Report - Table of Contents

  1. EXECUTIVE SUMMARY & KEY FINDINGS

  2. REPORT OFFERS

  3. 1. INTRODUCTION

    1. 1.1. Study Assumptions & Market Definition

    2. 1.2. Scope of the Study​

    3. 1.3. Research Methodology

  4. 2. KEY INDUSTRY TRENDS

    1. 2.1. Bicycle Sales

    2. 2.2. GDP Per Capita

    3. 2.3. Inflation Rate

    4. 2.4. Adoption Rate Of E-Bikes

    5. 2.5. Percent Population/Commuters With 5-15 Km Daily Travel Distance

    6. 2.6. Bicycle Rental

    7. 2.7. E-Bike Battery Price

    8. 2.8. Price Chart Of Different Battery Chemistry

    9. 2.9. Hyper-Local Delivery

    10. 2.10. Dedicated Bicycle Lanes

    11. 2.11. Number Of Trekkers

    12. 2.12. Battery Charging Capacity

    13. 2.13. Traffic Congestion Index

    14. 2.14. Regulatory Framework

    15. 2.15. Value Chain & Distribution Channel Analysis

  5. 3. MARKET SEGMENTATION (includes market size in Value in USD and Volume, Forecasts up to 2029 and analysis of growth prospects)

    1. 3.1. Propulsion Type

      1. 3.1.1. Pedal Assisted

      2. 3.1.2. Speed Pedelec

      3. 3.1.3. Throttle Assisted

    2. 3.2. Application Type

      1. 3.2.1. Cargo/Utility

      2. 3.2.2. City/Urban

      3. 3.2.3. Trekking

    3. 3.3. Battery Type

      1. 3.3.1. Lead Acid Battery

      2. 3.3.2. Lithium-ion Battery

      3. 3.3.3. Others

  6. 4. COMPETITIVE LANDSCAPE

    1. 4.1. Key Strategic Moves

    2. 4.2. Market Share Analysis

    3. 4.3. Company Landscape

    4. 4.4. Company Profiles

      1. 4.4.1. Batavus Intercycle Corporation

      2. 4.4.2. Cortina Bikes

      3. 4.4.3. Principia Bikes

      4. 4.4.4. Ride1Up

      5. 4.4.5. Royal Dutch Gazelle

      6. 4.4.6. Specialized Bicycle Components

      7. 4.4.7. Stella Automobili

      8. 4.4.8. Strom

      9. 4.4.9. Van Moof BV

      10. 4.4.10. Winther

  7. 5. KEY STRATEGIC QUESTIONS FOR E BIKES CEOS

  8. 6. APPENDIX

    1. 6.1. Global Overview

      1. 6.1.1. Overview

      2. 6.1.2. Porter’s Five Forces Framework

      3. 6.1.3. Global Value Chain Analysis

      4. 6.1.4. Market Dynamics (DROs)

    2. 6.2. Sources & References

    3. 6.3. List of Tables & Figures

    4. 6.4. Primary Insights

    5. 6.5. Data Pack

    6. 6.6. Glossary of Terms

List of Tables & Figures

  1. Figure 1:  
  2. LUXEMBOURG E-BIKE MARKET, BICYCLE SALES, VOLUME, THOUSAND UNITS, 2017 - 2029
  1. Figure 2:  
  2. LUXEMBOURG E-BIKE MARKET, GDP PER CAPITA, VALUE, USD, 2017 - 2029
  1. Figure 3:  
  2. LUXEMBOURG E-BIKE MARKET, INFLATION RATE, VALUE, PERCENT, 2017 - 2029
  1. Figure 4:  
  2. LUXEMBOURG E-BIKE MARKET, ADOPTION RATE, VOLUME, PERCENT, 2017 - 2029
  1. Figure 5:  
  2. LUXEMBOURG E-BIKE MARKET, COMMUTERS WITH 5-15 KM TRAVEL DISTANCE, VOLUME, PERCENT, 2017 - 2029
  1. Figure 6:  
  2. LUXEMBOURG E-BIKE MARKET, BICYCLE RENTAL, VALUE, USD MILLION, 2017 - 2029
  1. Figure 7:  
  2. LUXEMBOURG E-BIKE MARKET, E-BIKE BATTERY PRICE, VALUE, USD, 2017 - 2029
  1. Figure 8:  
  2. LUXEMBOURG E-BIKE MARKET, PRICE CHART OF DIFFERENT BATTERY CHEMISTRY, VALUE, USD, 2017 - 2029
  1. Figure 9:  
  2. LUXEMBOURG E-BIKE MARKET, HYPER-LOCAL DELIVERY, VOLUME, THOUSAND UNITS, 2017 - 2029
  1. Figure 10:  
  2. LUXEMBOURG E-BIKE MARKET, DEDICATED BICYCLE LANES, VOLUME, THOUSAND UNITS, 2017 - 2029
  1. Figure 11:  
  2. LUXEMBOURG E-BIKE MARKET, NUMBER OF TREKKERS, VOLUME, THOUSAND UNITS, 2017 - 2029
  1. Figure 12:  
  2. LUXEMBOURG E-BIKE MARKET, BATTERY CHARGING CAPACITY, VOLUME, UNITS, 2017 - 2029
  1. Figure 13:  
  2. LUXEMBOURG E-BIKE MARKET, TRAFFIC CONGESTION INDEX, VOLUME, PERCENT, 2017 - 2022
  1. Figure 14:  
  2. LUXEMBOURG E-BIKE MARKET, VOLUME, UNITS, 2017 - 2029
  1. Figure 15:  
  2. LUXEMBOURG E-BIKE MARKET, VALUE, USD MILLION, 2017 - 2029
  1. Figure 16:  
  2. LUXEMBOURG E-BIKE MARKET, BY PROPULSION TYPE, VOLUME, UNITS, 2017 - 2029
  1. Figure 17:  
  2. LUXEMBOURG E-BIKE MARKET, BY PROPULSION TYPE, VALUE, USD, 2017 - 2029
  1. Figure 18:  
  2. LUXEMBOURG E-BIKE MARKET, BY PROPULSION TYPE, VOLUME, SHARE (%), 2017 VS 2023 VS 2029
  1. Figure 19:  
  2. LUXEMBOURG E-BIKE MARKET, BY PROPULSION TYPE, VALUE, SHARE (%), 2017 VS 2023 VS 2029
  1. Figure 20:  
  2. LUXEMBOURG E-BIKE MARKET, BY PROPULSION TYPE, VOLUME, UNITS, 2017 - 2029
  1. Figure 21:  
  2. LUXEMBOURG E-BIKE MARKET, BY PROPULSION TYPE, VALUE, USD, 2017 - 2029
  1. Figure 22:  
  2. LUXEMBOURG E-BIKE MARKET, BY PROPULSION TYPE, VALUE SHARE (%), 2022 VS 2029
  1. Figure 23:  
  2. LUXEMBOURG E-BIKE MARKET, BY PROPULSION TYPE, VOLUME, UNITS, 2017 - 2029
  1. Figure 24:  
  2. LUXEMBOURG E-BIKE MARKET, BY PROPULSION TYPE, VALUE, USD, 2017 - 2029
  1. Figure 25:  
  2. LUXEMBOURG E-BIKE MARKET, BY PROPULSION TYPE, VALUE SHARE (%), 2022 VS 2029
  1. Figure 26:  
  2. LUXEMBOURG E-BIKE MARKET, BY PROPULSION TYPE, VOLUME, UNITS, 2017 - 2029
  1. Figure 27:  
  2. LUXEMBOURG E-BIKE MARKET, BY PROPULSION TYPE, VALUE, USD, 2017 - 2029
  1. Figure 28:  
  2. LUXEMBOURG E-BIKE MARKET, BY PROPULSION TYPE, VALUE SHARE (%), 2022 VS 2029
  1. Figure 29:  
  2. LUXEMBOURG E-BIKE MARKET, BY APPLICATION TYPE, VOLUME, UNITS, 2017 - 2029
  1. Figure 30:  
  2. LUXEMBOURG E-BIKE MARKET, BY APPLICATION TYPE, VALUE, USD, 2017 - 2029
  1. Figure 31:  
  2. LUXEMBOURG E-BIKE MARKET, BY APPLICATION TYPE, VOLUME, SHARE (%), 2017 VS 2023 VS 2029
  1. Figure 32:  
  2. LUXEMBOURG E-BIKE MARKET, BY APPLICATION TYPE, VALUE, SHARE (%), 2017 VS 2023 VS 2029
  1. Figure 33:  
  2. LUXEMBOURG E-BIKE MARKET, BY APPLICATION TYPE, VOLUME, UNITS, 2017 - 2029
  1. Figure 34:  
  2. LUXEMBOURG E-BIKE MARKET, BY APPLICATION TYPE, VALUE, USD, 2017 - 2029
  1. Figure 35:  
  2. LUXEMBOURG E-BIKE MARKET, BY APPLICATION TYPE, VALUE SHARE (%), 2022 VS 2029
  1. Figure 36:  
  2. LUXEMBOURG E-BIKE MARKET, BY APPLICATION TYPE, VOLUME, UNITS, 2017 - 2029
  1. Figure 37:  
  2. LUXEMBOURG E-BIKE MARKET, BY APPLICATION TYPE, VALUE, USD, 2017 - 2029
  1. Figure 38:  
  2. LUXEMBOURG E-BIKE MARKET, BY APPLICATION TYPE, VALUE SHARE (%), 2022 VS 2029
  1. Figure 39:  
  2. LUXEMBOURG E-BIKE MARKET, BY APPLICATION TYPE, VOLUME, UNITS, 2017 - 2029
  1. Figure 40:  
  2. LUXEMBOURG E-BIKE MARKET, BY APPLICATION TYPE, VALUE, USD, 2017 - 2029
  1. Figure 41:  
  2. LUXEMBOURG E-BIKE MARKET, BY APPLICATION TYPE, VALUE SHARE (%), 2022 VS 2029
  1. Figure 42:  
  2. LUXEMBOURG E-BIKE MARKET, BY BATTERY TYPE, VOLUME, UNITS, 2017 - 2029
  1. Figure 43:  
  2. LUXEMBOURG E-BIKE MARKET, BY BATTERY TYPE, VALUE, USD, 2017 - 2029
  1. Figure 44:  
  2. LUXEMBOURG E-BIKE MARKET, BY BATTERY TYPE, VOLUME, SHARE (%), 2017 VS 2023 VS 2029
  1. Figure 45:  
  2. LUXEMBOURG E-BIKE MARKET, BY BATTERY TYPE, VALUE, SHARE (%), 2017 VS 2023 VS 2029
  1. Figure 46:  
  2. LUXEMBOURG E-BIKE MARKET, BY BATTERY TYPE, VOLUME, UNITS, 2017 - 2029
  1. Figure 47:  
  2. LUXEMBOURG E-BIKE MARKET, BY BATTERY TYPE, VALUE, USD, 2017 - 2029
  1. Figure 48:  
  2. LUXEMBOURG E-BIKE MARKET, BY BATTERY TYPE, VALUE SHARE (%), 2022 VS 2029
  1. Figure 49:  
  2. LUXEMBOURG E-BIKE MARKET, BY BATTERY TYPE, VOLUME, UNITS, 2017 - 2029
  1. Figure 50:  
  2. LUXEMBOURG E-BIKE MARKET, BY BATTERY TYPE, VALUE, USD, 2017 - 2029
  1. Figure 51:  
  2. LUXEMBOURG E-BIKE MARKET, BY BATTERY TYPE, VALUE SHARE (%), 2022 VS 2029
  1. Figure 52:  
  2. LUXEMBOURG E-BIKE MARKET, BY BATTERY TYPE, VOLUME, UNITS, 2017 - 2029
  1. Figure 53:  
  2. LUXEMBOURG E-BIKE MARKET, BY BATTERY TYPE, VALUE, USD, 2017 - 2029
  1. Figure 54:  
  2. LUXEMBOURG E-BIKE MARKET, BY BATTERY TYPE, VALUE SHARE (%), 2022 VS 2029
  1. Figure 55:  
  2. LUXEMBOURG E-BIKE MARKET, MOST ACTIVE COMPANIES, BY NUMBER OF STRATEGIC MOVES, 2018 - 2021
  1. Figure 56:  
  2. LUXEMBOURG E-BIKE MARKET, MOST ADOPTED STRATEGIES, 2018 - 2021
  1. Figure 57:  
  2. LUXEMBOURG E-BIKE MARKET SHARE(%), BY MAJOR PLAYERS, 2022

Luxembourg 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.

  • The COVID-19 pandemic initially hindered the e-bike industry's growth in Luxembourg. Consumers in Luxembourg started to favor e-bikes after the pandemic because it made private transportation preferable to public transportation. Riders began converting to single-person transit because it uses less fuel and avoids congestion and crowds.
  • The e-bike market in Luxembourg is still in its early stages and is expected to develop at the quickest rate over the coming years. The rapid development of micro-mobility infrastructure in the area is the main factor causing the market to record tremendous growth.
  • With fuel prices continuously rising, the government and consumers will turn toward electric mobility. Since the pedal-assisted bicycle is better suited for shorter distances, speed pedelec is expected to be the most practical option in the near future. As the power and speed capabilities of e-bikes improve, consumers will likely gravitate toward speed pedelecs over the coming years. Since Luxembourg has legislation limiting the use of throttle-assisted e-bikes, they are far less common than pedal-assisted e-bikes.
Propulsion Type
Pedal Assisted
Speed Pedelec
Throttle Assisted
Application Type
Cargo/Utility
City/Urban
Trekking
Battery Type
Lead Acid Battery
Lithium-ion Battery
Others
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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.
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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
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Luxembourg E-bike Market Research FAQs

The Luxembourg E-bike Market size is expected to reach USD 14.17 million in 2024 and grow at a CAGR of 7.09% to reach USD 19.95 million by 2029.

In 2024, the Luxembourg E-bike Market size is expected to reach USD 14.17 million.

Batavus Intercycle Corporation, Principia Bikes, Royal Dutch Gazelle, Van Moof BV and Winther are the major companies operating in the Luxembourg E-bike Market.

In the Luxembourg E-bike Market, the Pedal Assisted segment accounts for the largest share by propulsion type.

In 2024, the Throttle Assisted segment accounts for the fastest growing by propulsion type in the Luxembourg E-bike Market.

In 2023, the Luxembourg E-bike Market size was estimated at 14.17 million. The report covers the Luxembourg E-bike Market historical market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. The report also forecasts the Luxembourg E-bike Market size for years: 2017, 2018, 2019, 2020, 2021, 2022 and 2023.

Luxembourg E-bike Industry Report

Statistics for the 2023 Luxembourg E-bike market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Luxembourg E-bike analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.

Luxembourg E-bike Market SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS UP TO 2029