Europe E-bike Market Revenue Growth and Future Scope Forecast 2024-2030

The Europe E-bike Market size was valued at USD 10.05 Bn in 2023 and the total Europe E-bike revenue is expected to grow at a CAGR of 8.63% from 2024 to 2030, reaching nearly USD 17.94 Bn by 2030.

Europe E-bike Market Overview:

The Europe E-bike Market analysis provides a comprehensive picture of competition, including the market share and company profiles of the worldwide industry’s top rivals. The research scope covers a complete analysis of the Europe E-bike Market, as well as the causes for variances in the industry’s growth in various places

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Europe E-bike Market Scope:

To identify and collect material suitable for this study, this research study makes considerable use of secondary sources, directories, and databases, such as annual reports, press releases, journals, corporate websites, and databases.

Europe E-bike Market Drivers:

E-bikes reign supreme as the focal point of bicycle manufacturers' research and development endeavors, spanning various segments including road bikes, mountain bikes tailored for gravity riding, and even children's bikes. The pervasive influence of electric assistance drive systems has left virtually no niche untouched by this transformative trend. Particularly in urban locales, cargo bikes equipped with electric motors have emerged as a compelling alternative to car ownership for families, bolstered by governmental subsidies aimed at facilitating their adoption. Despite economic challenges in countries such as Germany, Belgium, and the Netherlands, the sustained popularity of e-bikes persists, buoyed by the emergence of leasing programs catering to diverse consumer needs.

In 2022, the rising Europe E-bike market share and comparatively higher average prices of e-bikes have emerged as significant contributors to the continued growth trajectory of the bicycle industry in numerous European countries. While this growth is evident, particularly in terms of revenue, it's essential to consider a couple of factors. A portion of the increased turnover is attributed to inflation and escalating prices. When evaluating year-on-year comparisons, it's crucial to acknowledge the various disruptions caused by the pandemic. Taking a broader perspective by examining trends from 2019, before the onset of the pandemic, provides a more comprehensive understanding of the industry's performance.

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Europe E-bike Market Segmentation:

by Type

City/Urban E-bikes
Trekking E-bikes
Cargo E-bikes
Others

by Mode

Pedal-assisted
Throttle-assisted

by Battery Type

Lithium-ion Battery
Lead-acid Battery
Nickel-cadmium Battery

Europe E-bike Market Key Players: The key players are

1. Accell Group (The Netherlands)
2. Kalkhoff Works GmbH (Germany)
3. Haibike (Germany)
4. Royal Dutch Gazelle (The Netherlands)
5. Riese & Müller (Germany)
6. VanMoof (Germany)
7. Bianchi (Italy)
8. Moustache (France)
9. Brompton (England)
10. Gocycle (England)
11. Other

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Regional Analysis:

Individual market influencing elements and changes in market legislation that affect current and future market trends are also included in the regional component of the Europe E-bike Market study. Current and future trends are examined to assess the entire market potential and uncover profitable trends to get a more stable footing. The geographical market assessment is based on the present environment and expected developments.

Key Questions Answered in the Europe E-bike Market Report are:

1. What is an e-bike, and how does it work?

2. Which European countries lead in e-bike adoption?

3. What segments exist within the Europe e-bike market?

4. What are the key drivers of growth in the Europe e-bike market?

5. What are the challenges facing the Europe e-bike market?

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Posted in Default Category on August 13 2024 at 08:57 PM

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