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

The United Kingdom 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.

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United Kingdom E-bike Market Size

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United Kingdom E-bike Market Summary
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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 501.37 Million
https://s3.mordorintelligence.com/cagr/1629296433433_test~cagr_cagr.svg Market Size (2029) USD 832.85 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) 10.68 %
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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United Kingdom E-bike Market Analysis

The United Kingdom E-bike Market size is estimated at 501.37 million USD in 2024, and is expected to reach 832.85 million USD by 2029, growing at a CAGR of 10.68% during the forecast period (2024-2029).

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501.37 Million

Market Size in 2024 (USD)

832.85 Million

Market Size in 2029 (USD)

17.75 %

CAGR (2017-2023)

10.68 %

CAGR (2024-2029)

Largest Segment by Propulsion Type

79.90 %

value share, Pedal Assisted, 2023

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Due to the national regulation that forbids the widespread use of continuous throttle-assisted propulsion, the pedal-assisted bikes segment is expected to dominate the market.

Largest Segment by Application Type

71.33 %

value share, City/Urban, 2023

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Currently, the city/urban e-bikes segment has the biggest share in application type due to various advantages such as fuel efficiency, easy parking, timesaving, and less buying cost.

Largest Segment by Battery Type

98.74 %

value share, Lithium-ion Battery, 2023

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Lightweight, fast-charging ability, the capability of providing a high range, long life span, and high energy are some of the factors that make Li-ion battery the largest segment by battery type.

Fastest-growing Segment by Propulsion Type

10.73 %

Projected CAGR, Throttle Assisted, 2024-2029

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An increase in leisure activities, like off-road riding and long-distance trips, and people’s preference for bikes over cars for daily commutes make speed pedelecs the fastest-growing segment by propulsion type in the market.

Leading Market Player

14.46 %

market share, Evans Cycles Limited (Pinnacle), 2022

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A well-established brand name under Evans Cycles, a wide range of e-bike offerings in its mountain and road category, and a strong customer base have made Pinnacle Bikes the largest e-bike brand in the United Kingdom.

PROPULSION SEGMENT MARKET OVERVIEW

  • The record year in the United Kingdom for electric bike sales was 2018. Along with increased consumer awareness of what an electric bike is, a significant amount of e-bike market growth is anticipated due to a wider selection of electric bikes, ranging from entry-level, reasonably priced e-bikes to premium e-bikes with longer-lasting batteries and performance frames and components.
  • The e-bike market in the United Kingdom is poised for growth in the long term, fueled by the rise of bike-sharing companies, the growth of e-commerce and delivery services using e-bikes, and government efforts to promote bicycles through improved cycling infrastructure.
  • The policy improvements to support growth in infrastructure contribute to the UK e-bike market's expansion. The United Kingdom has prioritized building e-bike infrastructure and is attempting to increase yearly spending to speed up the development of a connected and secure bike network. The increased number of municipal bike-sharing schemes in Scotland and the United Kingdom has greatly increased the demand for electric bikes. Due to the need for more accessible and safe public transit choices and social distancing, locals and visitors are utilizing e-bikes more regularly. Raising Consumer Awareness of Electric Bikes' Health Benefits research from the University of Colorado Boulder quantified the health benefits of converting from driving to a class 1 e-bike for commuting. According to the research, utilizing an electric bike instead of a car allowed participants to reach their prescribed levels of physical activity in a month while improving blood sugar management and cardiovascular endurance.
United Kingdom E-bike Market

United Kingdom E-bike Market Trends

The UK's E-Bike adoption rates show a steady increase, reflecting growing market acceptance and consumer interest.

  • The demand for bicycles has been rising significantly across the population of the United Kingdom over the past few years. The advantages of the e-bike over the traditional bicycle have sparked a surge in demand for e-bikes across the United Kingdom. Convenient rides, pollution-free transportation, time savings, and cost-efficiency are some of the major factors contributing to the usage of e-bikes over other vehicles for commuting daily to nearby places. As a result, e-bike adoption increased by 2% in 2019 compared to 2018.
  • The COVID-19 pandemic created fear among the people of the United Kingdom. People started avoiding public and shared transportation, which impacted the sales and usage of personal vehicles, including e-bikes. People prefer e-bikes over other modes of transportation because they are one of the cheapest and most carefree vehicles (requiring very little maintenance compared to other vehicles). As a result, the sales of e-bikes and the adoption rate of e-bikes among consumers increased to 5.90% in 2020 compared to 3.90% in 2019 in the United Kingdom.
  • The growing awareness of e-bikes among the people of the United Kingdom is changing the consumer's mindset. Factors such as minimal effort while riding, zero fuel expenses, eco-friendly rides, cheap modes of transportation, and exercise benefits are responsible for the growth of e-bikes. The country has witnessed an e-bike adoption rate of around 1.20% in 2021 over 2020, which is projected to reach 24.40% during the forecast period in the United Kingdom.
United Kingdom E-bike Market

The UK exhibits a steady increase in the population commuting 5-15 km daily, reflecting a gradual change in travel distances.

  • The United Kingdom has witnessed a sharp rise in bicycle demand as people in many places across the country have begun progressively adopting the bicycle culture. Approximately 50% of bicycle users choose to use bicycles to travel to their places of employment, education, etc. People are influenced to ride bicycles instead of cars. The demand for bicycles in the United Kingdom has increased as a result of a 0.2% increase in commuters with 5–15 km of travel in 2020 over 2019.
  • The concerns about the COVID-19 pandemic have significantly and positively impacted the market for bicycles in the United Kingdom. People choose to walk or cycle instead of taking public transportation to work. After the pandemic's effects, fewer people used public transportation. The number of people who commuted daily by bicycle increased by more than 0.2% in 2020 over 2019, and the introduction 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 across the United Kingdom.
  • People now commute by bicycle regularly due to the removal of limitations following the pandemic. Today, many people travel daily by bicycle within a radius of 5 to 15 kilometers to get to their places of employment, businesses, and local markets. Due to the increased health advantages, carbon-free commutes, and time savings from avoiding traffic bottlenecks, more people are choosing to commute by bicycle. During the forecast period, these factors are expected to result in a more than 2% increase in commuter travel between 5 and 15 kilometers in the United Kingdom.
United Kingdom E-bike Market

OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT

  • The UK's bicycle sales surge in 2020, followed by a stabilization, indicating a responsive market adapting to changing consumer behavior.
  • The UK's inflation rates show a significant rise in 2022, followed by moderation, indicating responsive economic adjustments.
  • The UK shows a consistent decline in e-bike battery prices, indicating technological advancements and a competitive market environment.
  • The UK's hyper-local delivery sector is expanding, indicating a growing consumer reliance on digital platforms for local shopping needs.
  • The UK shows a steady increase in trekker numbers, indicative of the sustained popularity of hiking and outdoor pursuits across its varied landscapes.
  • Rising Traffic Congestion Index Promoting Shift to E-bikes for Commuting.
  • The UK's GDP per capita shows resilience with recovery and growth post-2020, signaling economic strength.
  • The UK's bicycle rental market rebounded impressively post-2020, maintaining a consistent upward trend and solid market presence.
  • Battery Chemistry Innovations Influencing E-bike Pricing Trends.
  • The UK's steady growth in dedicated bicycle lanes reflects ongoing efforts to encourage cycling as a healthy and eco-friendly mode of transportation.
  • The UK is experiencing a consistent reduction in E-bike charging times, reflecting advancements in electric vehicle infrastructure and battery efficiency.

United Kingdom E-bike Industry Overview

The United Kingdom E-bike Market is moderately consolidated, with the top five companies occupying 45.79%. The major players in this market are Brompton Bicycle Ltd., Evans Cycles Limited (Pinnacle), Raleigh Bicycle Company, Tandem Group Cycles (DAWES) and Tandem Group Cycles (Falcon Cycles) (sorted alphabetically).

United Kingdom E-bike Market Leaders

  1. Brompton Bicycle Ltd.

  2. Evans Cycles Limited (Pinnacle)

  3. Raleigh Bicycle Company

  4. Tandem Group Cycles (DAWES)

  5. Tandem Group Cycles (Falcon Cycles)

United Kingdom E-bike Market Concentration

Other important companies include Giant Manufacturing Co. Ltd., Gocycle Eu BV, MHW Bike-House GmbH (Cube Bikes), POWABYKE UK LIMITED (Powabyke), Trek Bicycle Corporation, Volt Electric Bikes.

*Disclaimer: Major Players sorted in alphabetical order.

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United Kingdom E-bike Market News

  • December 2022: Volt Bikes and City AM collaborate for the Launch of an ESG-Focused Project. Impact AM is a brand-new division of City AM that specializes in environmental, social, and governance issues.
  • November 2022: The Tandem Group opens eMobility sales and demo showroom, the Launched under the Electric Life banner the space will be found in Birmingham, located off the M6 in Castle Vale.
  • November 2022: The Stormguard E+, a full-suspension e-bike, is unveiled by Giant. The bicycles will be available for purchase in Europe in 2023 and will cost 7,999 Euros for the E+1 and 6,499 Euros for the E+2.

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.

United Kingdom E-bike Market
United Kingdom E-bike Market
United Kingdom E-bike Market
United Kingdom E-bike Market

United Kingdom 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. Brompton Bicycle Ltd.

      2. 4.4.2. Evans Cycles Limited (Pinnacle)

      3. 4.4.3. Giant Manufacturing Co. Ltd.

      4. 4.4.4. Gocycle Eu BV

      5. 4.4.5. MHW Bike-House GmbH (Cube Bikes)

      6. 4.4.6. POWABYKE UK LIMITED (Powabyke)

      7. 4.4.7. Raleigh Bicycle Company

      8. 4.4.8. Tandem Group Cycles (DAWES)

      9. 4.4.9. Tandem Group Cycles (Falcon Cycles)

      10. 4.4.10. Trek Bicycle Corporation

      11. 4.4.11. Volt Electric Bikes

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

United Kingdom 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 record year in the United Kingdom for electric bike sales was 2018. Along with increased consumer awareness of what an electric bike is, a significant amount of e-bike market growth is anticipated due to a wider selection of electric bikes, ranging from entry-level, reasonably priced e-bikes to premium e-bikes with longer-lasting batteries and performance frames and components.
  • The e-bike market in the United Kingdom is poised for growth in the long term, fueled by the rise of bike-sharing companies, the growth of e-commerce and delivery services using e-bikes, and government efforts to promote bicycles through improved cycling infrastructure.
  • The policy improvements to support growth in infrastructure contribute to the UK e-bike market's expansion. The United Kingdom has prioritized building e-bike infrastructure and is attempting to increase yearly spending to speed up the development of a connected and secure bike network. The increased number of municipal bike-sharing schemes in Scotland and the United Kingdom has greatly increased the demand for electric bikes. Due to the need for more accessible and safe public transit choices and social distancing, locals and visitors are utilizing e-bikes more regularly. Raising Consumer Awareness of Electric Bikes' Health Benefits research from the University of Colorado Boulder quantified the health benefits of converting from driving to a class 1 e-bike for commuting. According to the research, utilizing an electric bike instead of a car allowed participants to reach their prescribed levels of physical activity in a month while improving blood sugar management and cardiovascular endurance.
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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United Kingdom E-bike Market Research FAQs

The United Kingdom E-bike Market size is expected to reach USD 501.37 million in 2024 and grow at a CAGR of 10.68% to reach USD 832.85 million by 2029.

In 2024, the United Kingdom E-bike Market size is expected to reach USD 501.37 million.

Brompton Bicycle Ltd., Evans Cycles Limited (Pinnacle), Raleigh Bicycle Company, Tandem Group Cycles (DAWES) and Tandem Group Cycles (Falcon Cycles) are the major companies operating in the United Kingdom E-bike Market.

In the United Kingdom 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 United Kingdom E-bike Market.

In 2023, the United Kingdom E-bike Market size was estimated at 501.37 million. The report covers the United Kingdom E-bike Market historical market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. The report also forecasts the United Kingdom E-bike Market size for years: 2017, 2018, 2019, 2020, 2021, 2022 and 2023.

UK Electric Bike Industry Report

Statistics for the 2023 United Kingdom E-bike market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. United Kingdom 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.

UK Electric Bike Market Report Snapshots

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