UK E-bike Market Size
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Study Period: | 2017 - 2029 |
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Largest Share by Propulsion Type: | Pedal Assisted |
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Fastest Growing by Propulsion Type: | Throttle Assisted |
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CAGR: | 7.28 % |
Major Players |
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*Disclaimer: Major Players sorted in no particular order |
UK E-bike Market Analysis
The United Kingdom E-bike Market is projected to register a CAGR of 7.28%
- Largest Segment by Propulsion Type - Pedal Assisted : 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 - City/Urban : 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 - Lithium-ion Battery : 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 - Throttle Assisted : 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.
UK 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 |
UK E-bike Market Trends
This section covers the major market trends shaping the UK E-bike Market according to our research experts:
Pedal Assisted is the largest segment by Propulsion 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.
To understand key trends, Download Sample Report
UK E-bike Industry Overview
The United Kingdom E-bike Market is moderately consolidated, with the top five companies occupying 43.50%. 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).
UK E-bike Market Leaders
Brompton Bicycle Ltd.
Evans Cycles Limited (Pinnacle)
Raleigh Bicycle Company
Tandem Group Cycles (DAWES)
Tandem Group Cycles (Falcon Cycles)
*Disclaimer: Major Players sorted in no particular order
UK 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.
UK E-bike Market Report - Table of Contents
1. INTRODUCTION
1.1. Study Assumptions & Market Definition
1.2. Scope of the Study
1.3. Research Methodology
2. KEY INDUSTRY TRENDS
2.1. Bicycle Sales
2.2. GDP Per Capita
2.3. Inflation Rate
2.4. Adoption Rate Of E-Bikes
2.5. Percent Population/Commuters With 5-15 Km Daily Travel Distance
2.6. Bicycle Rental
2.7. E-Bike Battery Price
2.8. Price Chart Of Different Battery Chemistry
2.9. Hyper-Local Delivery
2.10. Dedicated Bicycle Lanes
2.11. Number Of Trekkers
2.12. Battery Charging Capacity
2.13. Traffic Congestion Index
2.14. Regulatory Framework
2.15. Value Chain & Distribution Channel Analysis
3. MARKET SEGMENTATION
3.1. Propulsion Type
3.1.1. Pedal Assisted
3.1.2. Speed Pedelec
3.1.3. Throttle Assisted
3.2. Application Type
3.2.1. Cargo/Utility
3.2.2. City/Urban
3.2.3. Trekking
3.3. Battery Type
3.3.1. Lead Acid Battery
3.3.2. Lithium-ion Battery
3.3.3. Others
4. COMPETITIVE LANDSCAPE
4.1. Key Strategic Moves
4.2. Market Share Analysis
4.3. Company Landscape
4.4. Company Profiles
4.4.1. Brompton Bicycle Ltd.
4.4.2. Evans Cycles Limited (Pinnacle)
4.4.3. Giant Manufacturing Co. Ltd.
4.4.4. Gocycle Eu BV
4.4.5. MHW Bike-House GmbH (Cube Bikes)
4.4.6. POWABYKE UK LIMITED (Powabyke)
4.4.7. Raleigh Bicycle Company
4.4.8. Tandem Group Cycles (DAWES)
4.4.9. Tandem Group Cycles (Falcon Cycles)
4.4.10. Trek Bicycle Corporation
4.4.11. Volt Electric Bikes
5. KEY STRATEGIC QUESTIONS FOR E BIKES CEOS
6. APPENDIX
6.1. Global Overview
6.1.1. Overview
6.1.2. Porter’s Five Forces Framework
6.1.3. Global Value Chain Analysis
6.1.4. Market Dynamics (DROs)
6.2. Sources & References
6.3. List of Tables & Figures
6.4. Primary Insights
6.5. Data Pack
6.6. Glossary of Terms
List of Tables & Figures
Figure 1:
UNITED KINGDOM E-BIKE MARKET, BICYCLE SALES, VOLUME, THOUSAND UNITS, 2017 - 2029
Figure 2:
UNITED KINGDOM E-BIKE MARKET, GDP PER CAPITA, VALUE, USD, 2017 - 2029
Figure 3:
UNITED KINGDOM E-BIKE MARKET, INFLATION RATE, VALUE, PERCENT, 2017 - 2029
Figure 4:
UNITED KINGDOM E-BIKE MARKET, ADOPTION RATE, VOLUME, PERCENT, 2017 - 2029
Figure 5:
UNITED KINGDOM E-BIKE MARKET, COMMUTERS WITH 5-15 KM TRAVEL DISTANCE, VOLUME, PERCENT, 2017 - 2029
Figure 6:
UNITED KINGDOM E-BIKE MARKET, BICYCLE RENTAL, VALUE, USD MILLION, 2017 - 2029
Figure 7:
UNITED KINGDOM E-BIKE MARKET, E-BIKE BATTERY PRICE, VALUE, USD, 2017 - 2029
Figure 8:
UNITED KINGDOM E-BIKE MARKET, PRICE CHART OF DIFFERENT BATTERY CHEMISTRY, VALUE, USD, 2017 - 2029
Figure 9:
UNITED KINGDOM E-BIKE MARKET, HYPER-LOCAL DELIVERY, VOLUME, THOUSAND UNITS, 2017 - 2029
Figure 10:
UNITED KINGDOM E-BIKE MARKET, DEDICATED BICYCLE LANES, VOLUME, THOUSAND UNITS, 2017 - 2029
Figure 11:
UNITED KINGDOM E-BIKE MARKET, NUMBER OF TREKKERS, VOLUME, THOUSAND UNITS, 2017 - 2029
Figure 12:
UNITED KINGDOM E-BIKE MARKET, BATTERY CHARGING CAPACITY, VOLUME, UNITS, 2017 - 2029
Figure 13:
UNITED KINGDOM E-BIKE MARKET, TRAFFIC CONGESTION INDEX, VOLUME, PERCENT, 2017 - 2022
Figure 14:
UNITED KINGDOM E-BIKE MARKET, VOLUME, UNITS, 2017 - 2029
Figure 15:
UNITED KINGDOM E-BIKE MARKET, VALUE, USD MILLION, 2017 - 2029
Figure 16:
UNITED KINGDOM E-BIKE MARKET, BY PROPULSION TYPE, VOLUME, UNITS, 2017 - 2029
Figure 17:
UNITED KINGDOM E-BIKE MARKET, BY PROPULSION TYPE, VALUE, USD MILLION, 2017 - 2029
Figure 18:
UNITED KINGDOM E-BIKE MARKET, BY PROPULSION TYPE, VOLUME, SHARE (%), 2017 - 2029
Figure 19:
UNITED KINGDOM E-BIKE MARKET, BY PROPULSION TYPE, VALUE, SHARE (%), 2017 - 2029
Figure 20:
UNITED KINGDOM E-BIKE MARKET, BY PROPULSION TYPE, VOLUME, UNITS, 2017 - 2029
Figure 21:
UNITED KINGDOM E-BIKE MARKET, BY PROPULSION TYPE, VALUE, USD MILLION, 2017 - 2029
Figure 22:
UNITED KINGDOM E-BIKE MARKET, BY PROPULSION TYPE, VALUE SHARE (%), 2022 - 2029
Figure 23:
UNITED KINGDOM E-BIKE MARKET, BY PROPULSION TYPE, VOLUME, UNITS, 2017 - 2029
Figure 24:
UNITED KINGDOM E-BIKE MARKET, BY PROPULSION TYPE, VALUE, USD MILLION, 2017 - 2029
Figure 25:
UNITED KINGDOM E-BIKE MARKET, BY PROPULSION TYPE, VALUE SHARE (%), 2022 - 2029
Figure 26:
UNITED KINGDOM E-BIKE MARKET, BY PROPULSION TYPE, VOLUME, UNITS, 2017 - 2029
Figure 27:
UNITED KINGDOM E-BIKE MARKET, BY PROPULSION TYPE, VALUE, USD MILLION, 2017 - 2029
Figure 28:
UNITED KINGDOM E-BIKE MARKET, BY PROPULSION TYPE, VALUE SHARE (%), 2022 - 2029
Figure 29:
UNITED KINGDOM E-BIKE MARKET, BY APPLICATION TYPE, VOLUME, UNITS, 2017 - 2029
Figure 30:
UNITED KINGDOM E-BIKE MARKET, BY APPLICATION TYPE, VALUE, USD MILLION, 2017 - 2029
Figure 31:
UNITED KINGDOM E-BIKE MARKET, BY APPLICATION TYPE, VOLUME, SHARE (%), 2017 - 2029
Figure 32:
UNITED KINGDOM E-BIKE MARKET, BY APPLICATION TYPE, VALUE, SHARE (%), 2017 - 2029
Figure 33:
UNITED KINGDOM E-BIKE MARKET, BY APPLICATION TYPE, VOLUME, UNITS, 2017 - 2029
Figure 34:
UNITED KINGDOM E-BIKE MARKET, BY APPLICATION TYPE, VALUE, USD MILLION, 2017 - 2029
Figure 35:
UNITED KINGDOM E-BIKE MARKET, BY APPLICATION TYPE, VALUE SHARE (%), 2022 - 2029
Figure 36:
UNITED KINGDOM E-BIKE MARKET, BY APPLICATION TYPE, VOLUME, UNITS, 2017 - 2029
Figure 37:
UNITED KINGDOM E-BIKE MARKET, BY APPLICATION TYPE, VALUE, USD MILLION, 2017 - 2029
Figure 38:
UNITED KINGDOM E-BIKE MARKET, BY APPLICATION TYPE, VALUE SHARE (%), 2022 - 2029
Figure 39:
UNITED KINGDOM E-BIKE MARKET, BY APPLICATION TYPE, VOLUME, UNITS, 2017 - 2029
Figure 40:
UNITED KINGDOM E-BIKE MARKET, BY APPLICATION TYPE, VALUE, USD MILLION, 2017 - 2029
Figure 41:
UNITED KINGDOM E-BIKE MARKET, BY APPLICATION TYPE, VALUE SHARE (%), 2022 - 2029
Figure 42:
UNITED KINGDOM E-BIKE MARKET, BY BATTERY TYPE, VOLUME, UNITS, 2017 - 2029
Figure 43:
UNITED KINGDOM E-BIKE MARKET, BY BATTERY TYPE, VALUE, USD MILLION, 2017 - 2029
Figure 44:
UNITED KINGDOM E-BIKE MARKET, BY BATTERY TYPE, VOLUME, SHARE (%), 2017 - 2029
Figure 45:
UNITED KINGDOM E-BIKE MARKET, BY BATTERY TYPE, VALUE, SHARE (%), 2017 - 2029
Figure 46:
UNITED KINGDOM E-BIKE MARKET, BY BATTERY TYPE, VOLUME, UNITS, 2017 - 2029
Figure 47:
UNITED KINGDOM E-BIKE MARKET, BY BATTERY TYPE, VALUE, USD MILLION, 2017 - 2029
Figure 48:
UNITED KINGDOM E-BIKE MARKET, BY BATTERY TYPE, VALUE SHARE (%), 2022 - 2029
Figure 49:
UNITED KINGDOM E-BIKE MARKET, BY BATTERY TYPE, VOLUME, UNITS, 2017 - 2029
Figure 50:
UNITED KINGDOM E-BIKE MARKET, BY BATTERY TYPE, VALUE, USD MILLION, 2017 - 2029
Figure 51:
UNITED KINGDOM E-BIKE MARKET, BY BATTERY TYPE, VALUE SHARE (%), 2022 - 2029
Figure 52:
UNITED KINGDOM E-BIKE MARKET, BY BATTERY TYPE, VOLUME, UNITS, 2017 - 2029
Figure 53:
UNITED KINGDOM E-BIKE MARKET, BY BATTERY TYPE, VALUE, USD MILLION, 2017 - 2029
Figure 54:
UNITED KINGDOM E-BIKE MARKET, BY BATTERY TYPE, VALUE SHARE (%), 2022 - 2029
Figure 55:
UNITED KINGDOM E-BIKE MARKET, MOST ACTIVE COMPANIES, BY NUMBER OF STRATEGIC MOVES, 2018 - 2021
Figure 56:
UNITED KINGDOM E-BIKE MARKET, MOST ADOPTED STRATEGIES, 2018 - 2021
Figure 57:
UNITED KINGDOM E-BIKE MARKET SHARE(%), BY MAJOR PLAYERS, 2022
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).
Research Methodology
Mordor Intelligence follows a four-step methodology in all our reports.
- Step-1: Identify Key Variables: In order 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 on the basis of 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. For sales conversion to volume, the average selling price (ASP) is kept constant throughout the forecast period for each country, and inflation is not a part of the pricing.
- 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
