Europe E-bike Market Forecast 2022-2030

Europe E-bike Market Forecast 2022-2030

KEY FINDINGS

The Europe e-bike market is estimated to surge with a CAGR of 11.19% in revenue and 11.52% in volume during the forecast period of 2022 to 2030. E-bikes are the preferred mode of commute for leisure and the daily commute, which drives the market growth in Europe.

MARKET INSIGHTS

The Europe e-bike market growth study comprises an analysis of Netherlands, United Kingdom, Germany, Italy, Spain, Belgium, and Rest of Europe. Some major factors driving the market growth in France are increasing traffic, the rapidly growing category of e-mountain bikes and e-cargo bikes, and the rising focus on exhaust emissions reduction. E-bike subsidies also play a key role in augmenting the sales of e-bikes in the country. Further, with the rising environmental concerns and increasing pollution, several state-funded initiatives or programs drive a shift among commuters from driving cars to electric bicycles.

Furthermore, Belgium has a distinct legislative advantage in measuring the potential sales of speed pedelecs. Major companies have collaborated with the European Commission to unlock the potential for bike industry labels and the green transport movement for speed pedelecs.

In Denmark, e-bike sales have been increasing annually. This increase in sales indicates that numerous buyers are now inclined toward e-mobility, allowing players to start production and assembly within the country to mitigate the costs of importing vehicles from other countries. Thus, a lower cost of production will result in cheaper buying prices for the end-users, boosting the market growth of e-bikes in the country.

COMPETITIVE INSIGHTS

Some of the key players operating are Riese & Muller, Accel Group, Giant Bicycles, Derby Cycles, and M1 Sporttechnik.

Our report offerings include:
Explore key findings of the overall market
Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
Market Segmentation cater to a thorough assessment of key segments with their market estimations
Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
Key analytics: Porter’s Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments