Study Period | 2017 - 2029 |
Base Year For Estimation | 2024 |
Forecast Data Period | 2025 - 2029 |
Market Size (2025) | USD 1.13 Billion |
Market Size (2029) | USD 1.52 Billion |
CAGR (2025 - 2029) | 7.74 % |
Market Concentration | Low |
Major Players![]() *Disclaimer: Major Players sorted in no particular order |
Spain E-bike Market Analysis
The Spain E-bike Market size is estimated at 1.13 billion USD in 2025, and is expected to reach 1.52 billion USD by 2029, growing at a CAGR of 7.74% during the forecast period (2025-2029).
Spain's e-bike industry is experiencing significant transformation driven by supportive government policies and infrastructure development. The Spanish government's "Plan Moves III" program offers substantial incentives, providing subsidies of up to 30% on electric bicycle purchases, making them more accessible to the general public. The country has demonstrated its commitment to sustainable transportation through the continuous expansion of cycling infrastructure, with dedicated bicycle lanes reaching 4,330 kilometers in 2022. This infrastructure development has created a more conducive environment for both recreational and commuter cyclists, leading to increased adoption of e-bikes across urban centers.
The market is witnessing a surge in technological innovations and product developments from major manufacturers. Leading companies are focusing on introducing advanced features such as smart connectivity, improved battery efficiency, and enhanced motor systems. A notable development in 2023 was Scott Sports' launch of the new Solace drop-bar e-bike range featuring TQ's HPR550 motor system, demonstrating the industry's commitment to technological advancement. The integration of smart technologies and improved battery performance has made electric bicycles more attractive to a broader consumer base, particularly urban professionals and outdoor enthusiasts.
The Spanish e-bike market is benefiting from changing urban mobility patterns and workplace commuting habits. Current data shows that approximately 12% of the working population now commutes by bicycle, indicating a significant shift in transportation preferences. This trend is particularly evident in major cities where e-bikes offer an efficient solution to urban congestion and parking challenges. The growing acceptance of electric mobility as a viable transportation alternative has led to increased investment in bike-sharing programs and corporate mobility solutions.
The industry is experiencing substantial industrial investment and manufacturing developments. A significant milestone was Volkswagen's announcement of a EUR 10 billion investment in electric vehicle battery production in Spain, which is expected to have positive spillover effects on the e-bike battery supply chain. This industrial development is complemented by the growing popularity of bike tourism and recreational cycling, exemplified by events such as the Tour of Spain 2023. The combination of industrial investment and recreational market growth is creating a robust ecosystem for the e-bike industry, supporting both manufacturing capabilities and market demand.
Spain E-bike Market Trends
Spain's E-Bike adoption rates show steady growth, indicating an increasing market presence and consumer acceptance.
- The demand for bicycles is rising significantly across the population of Spain over the past few years. Moreover, the advantages of the e-bike over the traditional bicycle have surged the demand for e-bikes across Spain. Convenient riding, pollution-free and time-saving, and cost-efficient are some of the major factors contributing to the adoption of e-bikes over other vehicles for daily commuting to nearby places. As a result, the adoption rate for e-bikes has increased by 3% in 2019 over the year 2018.
- The continuous growth in the pandemic cases in 2020 made a positive impacted the e-bike market positively, as due to the anxiety issue of corona people started avoiding public transport and rental services, which hiked the demand for personal vehicles such as e-bicycles. An increase in the sales of e-bikes among the people of Spain has further accelerated the adoption rate of e-bikes by 1.60% in 2020 over the year 2019 in various areas of Spain.
- The awareness of e-bikes among the population of the country is changing the mindset of the consumer, 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 of 0.60% in 2021 over 2020, which is projected to reach 56.40% by 2029 during the forecast period in the Spain.
Spain demonstrates a steady increase in the population commuting 5-15 km daily, reflecting evolving travel habits.
- People have shown interest in traveling by bicycle, and due to this, the demand for bicycles has significantly increased throughout the nation in recent years. The demand for bicycles is increasing, but the daily commute to various workplaces, such as offices, businesses, and markets, with a range of 5-15 kilometres, is still low compared to other modes of transportation, as the majority of people are using personal automobiles for daily usage. In Spain, only close to 6% of workers will choose to commute by bicycle in 2020.
- Concerns about COVID-19 and the pandemic wave significantly and favorably affected the bicycle market in Spain. People opted to commute to work by walking or cycling rather than using public transit. Less people used public transportation after the pandemic's effects, due to which the number of people who commuted daily by bicycle increased by more than 0.3% in 2021 over 2020, and the release of e-bikes with advanced features and longer battery lives encouraged more people to choose bicycles, which further increased the number of commuters who made trips of 5 to 15 kilometers in 2021 over 2020 throughout Spain.
- In areas between 5 and 15 kilometres, many people now commute to their daily jobs by bicycle, including trips to their places of employment, places of business, and adjacent markets. Additionally, 12% of those who work commute each day by bicycle in 2022. The number of persons using bicycles for transportation to work has increased by 0.4% in 2022 over 2021, improvements in cycling infrastructure and the expansion of bicycle lanes are expected to increase bicycle demand and commuters between 5 to 15 km during the forecast period in Spain.
OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT
- Spain's bicycle sales show a notable increase in 2020 with continued growth, indicating a thriving market with growing consumer interest.
- Spain demonstrates a peak in inflation in 2022, followed by a trend towards lower rates, indicating economic recovery.
- Spain's e-bike battery prices are trending downwards, suggesting market penetration and improved cost structures.
- Spain's growth in dedicated bicycle lanes indicates a growing emphasis on cycling infrastructure to enhance urban mobility and promote a healthy lifestyle.
- Spain shows a steady decrease in E-bike charging times, reflecting the country's advancements in electric mobility and efficient battery technology.
- Spain's GDP per capita indicates gradual growth, reflecting economic recovery and development.
- Spain's bicycle rental market shows significant growth post-2020 with a steady upward trend, indicating robust revival and sustained interest.
- Spain's hyper-local delivery sector is expanding, suggesting a significant adaptation by consumers towards localized online solutions.
- Spain shows steady growth in trekker numbers, indicative of sustained interest in its diverse landscapes and outdoor recreational activities.
- Spain's Traffic Congestion Index shows minor fluctuations, suggesting relatively stable traffic conditions with room for congestion management improvements.
Segment Analysis: Propulsion Type
Pedal Assisted Segment in Spain E-bike Market
The pedal assist bicycle segment dominates the Spanish e-bike market, commanding approximately 82% market share in 2024. This significant market position is primarily driven by Spanish regulations favoring pedal-assisted e-bikes and growing consumer preference for these models due to their ease of use and compliance with local transportation laws. Pedal assist bicycles are particularly popular in urban areas where they provide an ideal balance between exercise and motorized assistance. Manufacturers are focusing on developing lightweight pedal-assisted bikes with advanced features like smartphone connectivity and real-time information displays, which has further strengthened this segment's market position. The segment's growth is also supported by various government initiatives promoting sustainable urban mobility and the increasing adoption of e-bikes for daily commuting purposes.

Throttle Assisted Segment in Spain E-bike Market
The throttle-assisted segment is emerging as the fastest-growing category in the Spanish e-bike market for the forecast period 2024-2029. This growth is primarily driven by increasing demand from delivery services and commercial applications where quick acceleration and reduced physical effort are essential. Despite regulatory restrictions, throttle-assisted e-bikes are gaining popularity among riders who need to navigate challenging terrains or require additional assistance. The segment is witnessing significant technological advancements, particularly in battery efficiency and motor control systems, making these bikes more appealing to a broader consumer base. Manufacturers are focusing on developing models that comply with local regulations while offering enhanced performance features, contributing to the segment's accelerated growth trajectory.
Remaining Segments in Propulsion Type
The speed pedelec segment represents a niche but important category in the Spanish e-bike market. These high-performance e-bikes, while subject to stricter regulations, cater to a specific consumer segment seeking faster commuting options and enhanced performance capabilities. Speed pedelecs are particularly popular among long-distance commuters and enthusiasts who require higher speeds while maintaining pedal assistance features. The segment faces certain regulatory challenges as these bikes often require additional licensing and insurance, which influences their market adoption. However, they continue to maintain a steady presence in the market, particularly in regions with well-developed cycling infrastructure and among users who prioritize speed and performance.
Segment Analysis: Application Type
City/Urban Segment in Spain E-bike Market
The electric city bike segment dominates the Spain e-bike market, commanding approximately 81% market share in 2024. This significant market position is driven by the increasing adoption of e-bikes for daily commuting in urban areas, particularly as cities across Spain continue to develop dedicated cycling infrastructure. The segment's growth is further supported by the rising awareness of sustainable transportation options among urban dwellers and the implementation of various government initiatives promoting eco-friendly mobility solutions. The expansion of bike-sharing programs in major Spanish cities, coupled with the convenience of electric city bikes for navigating through congested city streets, has solidified the segment's dominant position in the market.
Trekking Segment in Spain E-bike Market
The electric mountain bike segment is emerging as the fastest-growing category in the Spain e-bike market, projected to grow at approximately 8% during 2024-2029. This robust growth is attributed to the increasing popularity of outdoor recreational activities and adventure tourism in Spain's diverse terrain. The country's extensive network of mountain trails and scenic routes, combined with technological advancements in e-bike battery life and motor efficiency, is driving the segment's expansion. The growing trend of eco-tourism and the development of specialized e-MTB trail centers across Spain are further accelerating the adoption of electric mountain bikes.
Remaining Segments in Application Type
The electric cargo bike segment, while smaller in market share, plays a crucial role in the Spanish e-bike market ecosystem. This segment is particularly significant in the commercial sector, where e-bikes are increasingly being adopted for last-mile delivery services and urban logistics solutions. The growing e-commerce sector and the need for sustainable delivery options in congested urban areas are driving the adoption of electric cargo bikes. These vehicles offer an efficient and environmentally friendly alternative for businesses looking to optimize their delivery operations while reducing their carbon footprint.
Segment Analysis: Battery Type
Lithium-ion Battery Segment in Spain E-bike Market
The Lithium-ion battery segment dominates the Spain e-bike market, capturing approximately 100% market share in 2024, while also demonstrating strong growth potential with an expected growth rate of around 8% from 2024 to 2029. This complete market dominance is attributed to lithium-ion batteries' superior characteristics including higher energy density, enhanced power output, and longer lifespan compared to traditional alternatives. The segment's growth is being driven by continuous technological advancements in electric bicycle battery technology, resulting in improved performance metrics and declining production costs. Manufacturers are increasingly focusing on developing more efficient and durable lithium-ion batteries, with features such as faster charging capabilities and extended range. The integration of smart battery management systems and the rising emphasis on sustainable transportation solutions have further strengthened the position of lithium-ion batteries in the Spanish e-bike market. Additionally, supportive government initiatives promoting electric mobility and the growing consumer preference for high-performance e-bikes have contributed to the segment's robust market presence.
Spain E-bike Industry Overview
Top Companies in Spain E-bike Market
The Spanish e-bike market is characterized by intense competition and continuous innovation among key players. Companies are heavily investing in product development, particularly focusing on advanced battery technologies, smart connectivity features, and improved range capabilities. Operational agility has become crucial as manufacturers adapt to changing consumer preferences and urban mobility needs, with many players streamlining their production and distribution networks. Strategic partnerships, especially between traditional bike manufacturers and technology companies, are becoming increasingly common to enhance product offerings and market reach. Companies are also expanding their presence through both physical retail networks and digital channels, while simultaneously investing in after-sales service infrastructure to build customer loyalty. The market has seen a significant push towards sustainable manufacturing practices and eco-friendly product development, reflecting broader industry trends and regulatory requirements.
Mix of Global and Local Players
The Spanish e-bike market presents a dynamic mix of established global manufacturers and strong local players, with companies like Orbea maintaining significant market presence through their deep understanding of local preferences and extensive distribution networks. The market structure shows moderate consolidation, with the top players collectively holding a substantial market share while still leaving room for specialized manufacturers and new entrants. Local manufacturers benefit from their established brand recognition and ability to quickly adapt to regional preferences, while global players leverage their technological expertise and economies of scale to maintain competitiveness.
The market has witnessed several strategic acquisitions and partnerships, particularly involving technology integration and distribution network expansion. Global players are increasingly seeking to strengthen their position through acquisitions of local brands or establishing manufacturing facilities within Spain. These moves are complemented by joint ventures and collaborations, especially in areas of battery technology and smart mobility solutions. The competitive landscape is further shaped by the presence of diversified conglomerates who bring significant financial resources and cross-industry expertise to the market.
Innovation and Localization Drive Market Success
For incumbent companies to maintain and expand their market share, focusing on product differentiation through technological innovation and customization to local preferences is crucial. Success strategies include developing comprehensive urban mobility solutions, strengthening direct-to-consumer channels, and building strong after-sales service networks. Companies need to invest in sustainable manufacturing practices and establish strong relationships with component suppliers, particularly for critical elements like batteries and electric motors. The ability to offer competitive pricing while maintaining product quality will be crucial, as will the capacity to adapt to evolving urban infrastructure and mobility patterns.
New entrants and challenger brands can gain ground by focusing on specific market niches or geographic regions, developing innovative business models such as subscription services or mobility-as-a-service offerings. Success will depend on building strong distribution partnerships, offering unique value propositions, and maintaining agility in response to market changes. The regulatory environment, particularly regarding urban mobility and environmental standards, will continue to shape market dynamics. Companies must also address potential risks from alternative mobility solutions and changing consumer preferences, while maintaining strong relationships with key stakeholders in the urban mobility ecosystem.
Spain E-bike Market Leaders
-
CUBE Bikes
-
Giant Manufacturing Co. Ltd.
-
Merida Industry Co. Ltd.
-
Orbea S.Coop.
-
Trek Bicycle Corporation
- *Disclaimer: Major Players sorted in no particular order
Spain E-bike Market News
- December 2022: Spanish bike company BH Bikes launched its Core Cross City electric bike.
- December 2022: The company launched the B-Twin Elops LD500E e-bike for urban rides with a 115 km range.
- December 2022: Scott Sports launched Solace, a new drop-bar electric bike range that is based on TQ’s HPR550 motor system.
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.
Spain 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)
-
5.1 Propulsion Type
- 5.1.1 Pedal Assisted
- 5.1.2 Speed Pedelec
- 5.1.3 Throttle Assisted
-
5.2 Application Type
- 5.2.1 Cargo/Utility
- 5.2.2 City/Urban
- 5.2.3 Trekking
-
5.3 Battery Type
- 5.3.1 Lead Acid Battery
- 5.3.2 Lithium-ion Battery
- 5.3.3 Others
6. COMPETITIVE LANDSCAPE
- 6.1 Key Strategic Moves
- 6.2 Market Share Analysis
- 6.3 Company Landscape
-
6.4 Company Profiles
- 6.4.1 Accell Group
- 6.4.2 BH Bikes Europe SL
- 6.4.3 CUBE Bikes
- 6.4.4 DECATHLON
- 6.4.5 Giant Manufacturing Co. Ltd.
- 6.4.6 Merida Industry Co. Ltd.
- 6.4.7 Orbea S.Coop.
- 6.4.8 Scott Sports
- 6.4.9 Trek Bicycle Corporation
- *List Not Exhaustive
7. KEY STRATEGIC QUESTIONS FOR E BIKES CEOS
8. APPENDIX
-
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, SPAIN, 2017 - 2029
- Figure 2:
- GDP PER CAPITA AT CURRENT PRICES, VALUE IN USD, SPAIN, 2017 - 2029
- Figure 3:
- INFLATION RATE AT AVERAGE CONSUMER PRICES, PERCENTAGE CHANGE, SPAIN, 2017 - 2029
- Figure 4:
- E-BIKE MARKET PENETRATION RATE, VOLUME PERCENTAGE, SPAIN, 2017 - 2029
- Figure 5:
- PROPORTION OF 5-15 KM DAILY TRAVELERS, PERCENTAGE, SPAIN, 2017 - 2029
- Figure 6:
- BICYCLE RENTAL SERVICE MARKET, REVENUE IN USD, SPAIN, 2017 - 2029
- Figure 7:
- COST OF LI-ION BATTERIES FOR E-BIKES, VALUE IN USD PER KWH, SPAIN, 2017 - 2029
- Figure 8:
- E-BIKE BATTERY TYPE PRICE COMPARISON, USD PER KWH, SPAIN, 2017 - 2029
- Figure 9:
- HYPER LOCAL DELIVERY SERVICE MARKET, REVENUE IN USD, SPAIN, 2017 - 2029
- Figure 10:
- LENGTH OF DEDICATED BICYCLE LANES, KM, SPAIN, 2017 - 2022
- Figure 11:
- TREKKER POPULATION, UNIT, SPAIN, 2017 - 2029
- Figure 12:
- AVERAGE CHARGING TIME OF E-BIKE BATTERIES, HOURS, SPAIN, 2017 - 2029
- Figure 13:
- TRAFFIC CONGESTION INTENSITY INDEX, SPAIN, 2017 - 2022
- Figure 14:
- SPAIN E-BIKE MARKET, VOLUME, UNITS, 2017 - 2029
- Figure 15:
- SPAIN E-BIKE MARKET, VALUE, USD MILLION, 2017 - 2029
- Figure 16:
- SPAIN E-BIKE MARKET, BY PROPULSION TYPE, VOLUME, UNITS, 2017 - 2029
- Figure 17:
- SPAIN E-BIKE MARKET, BY PROPULSION TYPE, VALUE, USD, 2017 - 2029
- Figure 18:
- SPAIN E-BIKE MARKET, BY PROPULSION TYPE, VOLUME, SHARE (%), 2017 VS 2023 VS 2029
- Figure 19:
- SPAIN 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, SPAIN, 2017 - 2029
- Figure 21:
- E-BIKE MARKET, BY PROPULSION TYPE, PEDAL ASSISTED, VALUE, USD, SPAIN, 2017 - 2029
- Figure 22:
- BREAKDOWN OF PEDAL ASSISTED E-BIKE MARKET BY APPLICATION TYPE, REVENUE SHARE (%), SPAIN, 2023 VS 2029
- Figure 23:
- E-BIKE MARKET, BY PROPULSION TYPE, SPEED PEDELEC, VOLUME, UNITS, SPAIN, 2017 - 2029
- Figure 24:
- E-BIKE MARKET, BY PROPULSION TYPE, SPEED PEDELEC, VALUE, USD, SPAIN, 2017 - 2029
- Figure 25:
- BREAKDOWN OF SPEED PEDELEC E-BIKE MARKET BY APPLICATION TYPE, REVENUE SHARE (%), SPAIN, 2023 VS 2029
- Figure 26:
- E-BIKE MARKET, BY PROPULSION TYPE, THROTTLE ASSISTED, VOLUME, UNITS, SPAIN, 2017 - 2029
- Figure 27:
- E-BIKE MARKET, BY PROPULSION TYPE, THROTTLE ASSISTED, VALUE, USD, SPAIN, 2017 - 2029
- Figure 28:
- BREAKDOWN OF THROTTLE ASSISTED E-BIKE MARKET BY APPLICATION TYPE, REVENUE SHARE (%), SPAIN, 2023 VS 2029
- Figure 29:
- SPAIN E-BIKE MARKET, BY APPLICATION TYPE, VOLUME, UNITS, 2017 - 2029
- Figure 30:
- SPAIN E-BIKE MARKET, BY APPLICATION TYPE, VALUE, USD, 2017 - 2029
- Figure 31:
- SPAIN E-BIKE MARKET, BY APPLICATION TYPE, VOLUME, SHARE (%), 2017 VS 2023 VS 2029
- Figure 32:
- SPAIN 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, SPAIN, 2017 - 2029
- Figure 34:
- E-BIKE MARKET, BY APPLICATION TYPE, CARGO/UTILITY, VALUE, USD, SPAIN, 2017 - 2029
- Figure 35:
- BREAKDOWN OF CARGO/UTILITY E-BIKE MARKET BY PROPULSION TYPE, REVENUE SHARE (%), SPAIN, 2023 VS 2029
- Figure 36:
- E-BIKE MARKET, BY APPLICATION TYPE, CITY/URBAN, VOLUME, UNITS, SPAIN, 2017 - 2029
- Figure 37:
- E-BIKE MARKET, BY APPLICATION TYPE, CITY/URBAN, VALUE, USD, SPAIN, 2017 - 2029
- Figure 38:
- BREAKDOWN OF CITY/URBAN E-BIKE MARKET BY PROPULSION TYPE, REVENUE SHARE (%), SPAIN, 2023 VS 2029
- Figure 39:
- E-BIKE MARKET, BY APPLICATION TYPE, TREKKING, VOLUME, UNITS, SPAIN, 2017 - 2029
- Figure 40:
- E-BIKE MARKET, BY APPLICATION TYPE, TREKKING, VALUE, USD, SPAIN, 2017 - 2029
- Figure 41:
- BREAKDOWN OF TREKKING E-BIKE MARKET BY PROPULSION TYPE, REVENUE SHARE (%), SPAIN, 2023 VS 2029
- Figure 42:
- SPAIN E-BIKE MARKET, BY BATTERY TYPE, VOLUME, UNITS, 2017 - 2029
- Figure 43:
- SPAIN E-BIKE MARKET, BY BATTERY TYPE, VALUE, USD, 2017 - 2029
- Figure 44:
- SPAIN E-BIKE MARKET, BY BATTERY TYPE, VOLUME, SHARE (%), 2017 VS 2023 VS 2029
- Figure 45:
- SPAIN 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, SPAIN, 2017 - 2029
- Figure 47:
- E-BIKE MARKET, BY BATTERY TYPE, LEAD ACID BATTERY, VALUE, USD, SPAIN, 2017 - 2029
- Figure 48:
- BREAKDOWN OF LEAD ACID BATTERY E-BIKE MARKET BY PROPULSION TYPE, REVENUE SHARE (%), SPAIN, 2023 VS 2029
- Figure 49:
- E-BIKE MARKET, BY BATTERY TYPE, LITHIUM-ION BATTERY, VOLUME, UNITS, SPAIN, 2017 - 2029
- Figure 50:
- E-BIKE MARKET, BY BATTERY TYPE, LITHIUM-ION BATTERY, VALUE, USD, SPAIN, 2017 - 2029
- Figure 51:
- BREAKDOWN OF LITHIUM-ION BATTERY E-BIKE MARKET BY PROPULSION TYPE, REVENUE SHARE (%), SPAIN, 2023 VS 2029
- Figure 52:
- E-BIKE MARKET, BY BATTERY TYPE, OTHERS, VOLUME, UNITS, SPAIN, 2017 - 2029
- Figure 53:
- E-BIKE MARKET, BY BATTERY TYPE, OTHERS, VALUE, USD, SPAIN, 2017 - 2029
- Figure 54:
- BREAKDOWN OF OTHERS E-BIKE MARKET BY PROPULSION TYPE, REVENUE SHARE (%), SPAIN, 2023 VS 2029
- Figure 55:
- SPAIN E-BIKE MARKET, MOST ACTIVE COMPANIES, BY NUMBER OF STRATEGIC MOVES, 2020 - 2022
- Figure 56:
- SPAIN E-BIKE MARKET, MOST ADOPTED STRATEGIES, 2020 - 2022
- Figure 57:
- SPAIN E-BIKE MARKET SHARE(%), BY MAJOR PLAYER REVENUE, 2022
Spain 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.Propulsion Type | Pedal Assisted |
Speed Pedelec | |
Throttle Assisted | |
Application Type | Cargo/Utility |
City/Urban | |
Trekking | |
Battery Type | Lead Acid Battery |
Lithium-ion Battery | |
Others |
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