Europe Electric Bike (E-Bike) Market Analysis, Trends, Top Manufacturers, Share, Growth, Statistics, CAGR 9.70%, Opportunities and Forecast by 2029
The comprehensive industry research on " Europe Electric Bike (E-Bike) Market " published by Data Bridge Market research includes growth analysis, regional marketing, challenges, opportunities, and drivers analyzed in the report. The credible Global Europe electric bike (E-Bike) Market report offers actionable market insights with which businesses can make out sustainable and lucrative strategies. Not to mention, the report analyses the general market conditions such as product price, profit, capacity, production, supply, demand, and market growth rate which supports businesses in deciding upon several strategies. Porter's Five Forces analysis has been performed while formulating this market document along with many other standard steps of researching, analyzing, and collecting data. Additionally, key players, major collaborations, mergers, acquisitions, trending innovations,s and business policies are also re-evaluated in the Europe electric bike (E-Bike) Market report. It becomes easy to figure out brand awareness and insight about the brand and product among potential customers.
Europe electric bike (E-Bike) Market was valued at USD 3136.84 million in 2021 and is expected to reach USD 6962.73 million by 2029, registering a CAGR of 9.70% during the forecast period of 2022-2029.
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Key Players Mentioned in the Europe Electric Bike (E-Bike) Market Research Report:
Accell Group (Netherlands), Derby Cycle (Germany), JIANGSU XINRI E-VEHICLE CO.,LTD. (China), Karbon Kinetics Ltd (UK), ITALJET SPA (Italy), Riese & Müller GmbH (Germany), M1-Sporttechnik (Germany), F.I.V. E. Bianchi S.p.A. (Italy), Kawasaki Motors Corp., U.S.A. (US), WUXI YADEA EXPORT-IMPORT CO.,LTD. (China), Giant Bicycles (Taiwan), Trek Bicycle Corporation (US), myStromer AG (Switzerland) and Specialized Bicycle Components, Inc.(US), among others
Recent Developments
Cannondale launched the Adventure Neo range of commuter e-bikes in March’2021. The line features four different models, all of which feature a step-through design, a Bosch drive system with a battery and an alloy frame.
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Europe Electric Bike (E-Bike) Market Dynamics
This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:
Drivers
Government Initiatives
The rise in the government initiatives to encourage the use of electric bikes acts as one of the major factor driving the growth of electric bike (E-Bike) market. These bikes are being considered an eco-friendly and efficient solution for commute.
Consumer Inclination Towards Electric Bikes
The rise in consumer inclination towards electric or e-bikes accelerate the market growth. These bikes are widely adopted as they are smaller in size, provide health benefits and offers higher speed with lesser effort.
Tourism Sector
The expansion of tourism sector in the region further influence the market. The rise in number of tourists and congestion caused by the number escalate the demand for electric bikes.
Additionally, surge in investments, expansion of the automotive sector and increased disposable income positively affect the electric bike (E-Bike) market.
Opportunities
Furthermore, development of lightweight electrical energy storage systems extends profitable opportunities to the market players in the forecast period of 2022 to 2029. Also, trend towards connected e-bikes will further escalate the growth of electric bike (E-Bike) market.
Based on Europe Electric Bike (E-Bike) Market Segmentations
Battery Type
Lithium-Ion
Lithium-Ion Polymer
Nickel Metal Hydride
Lead Acid
Sealed Lead Acid
Others
Hub Motor Location
Mid Drive Hub Motor
Rear Hub Motor
Front Hub Motor
Mode
Pedal Assist
Throttle
Battery Power
Under 750 W
Over 750 W
Class
Class I (Pedal Assist/Pedelec)
Class II (Throttle)
Class III (Speed Pedelec)
Usage
City/Urban
Cruise
Mountain/Trekking Bikes
Racing, Cargo
Others
Global Europe Electric Bike (E-Bike) Market: Regional Segment Analysis (Regional Production Volume, Consumption Volume, Revenue and Growth Rate 2022-2029):
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Spain etc.)
Asia-Pacific (China, Japan, Korea, India, Australia and Southeast Asia etc.)
South America (Brazil, Argentina and Colombia etc.)
Middle East & Africa (South Africa, UAE and Saudi Arabia etc.)
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The report also tracks the latest market dynamics, such as driving factors, restraining factors, and industry news like mergers, acquisitions, and investments. It provides market size (value and volume), market share, growth rate by types, applications, and combines both qualitative and quantitative methods to make micro and macro forecasts in different regions or countries.
Benefits:
- This research offers a comprehensive analysis of current trends, projections, and dynamics for the years, with the goal of assisting in the identification of current market opportunities.
- The individual market revenue of the major countries in each area is mapped.
- The research examines the Europe Electric Bike (E-Bike) market circumstances on a regional and country-by-country basis.
- The Europe Electric Bike (E-Bike) market’s major participants have been identified.
- To understand the competitive environment across geographies, this study assesses the competitive landscape and conducts a value chain analysis.
- An in-depth analysis of the Europe Electric Bike (E-Bike) market’s segmentation within the market has been offered, which is predicted to aid in the current market opportunities.
Table of Contents
- Part 01: Executive Summary
- Part 02: Scope of the Europe Electric Bike (E-Bike) Market Report
- Part 03: Europe Electric Bike (E-Bike) Market Landscape
- Part 04: Europe Electric Bike (E-Bike) Market Sizing
- Part 05: Europe Electric Bike (E-Bike) Market Segmentation By Product
- Part 06: Five Forces Analysis
- Part 07: Customer Landscape
- Part 08: Geographic Landscape
- Part 09: Decision Framework
- Part 10: Drivers and Challenges
- Part 11: Market Trends
- Part 12: Vendor Landscape
- Part 13: Vendor Analysis
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