According to IMARC Group’s latest report, titled “Europe E-Bike Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” the Europe e-bike market exhibited strong growth during 2015-2020. Looking forward, IMARC Group expects the market to continue its strong growth during 2021-2026.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
E-bike, or electric bicycle, is integrated with an electric motor to assist propulsion. It consists of a battery, controller, drivetrain, and display to provide directions. E-bike is broadly categorized into pedelecs and throttle. As compared to fuel-powered vehicles, e-bikes are more economical, energy-efficient, convenient to operate, and generate zero emissions. Apart from this, they offer physical and mental health benefits, such as improved cardiovascular fitness, reduced stress, better muscle strength, enhanced aerobic capacity, and maintained weight.
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Europe e-bike market is primarily being driven by rising environmental consciousness and rapid urbanization in the region. Additionally, the flourishing tourism industry and the rising need for micro-mobility amongst adults are contributing to the market growth. Moreover, the increasing use of e-bikes for several recreational activities is acting as a growth-inducing factor. Besides this, leading players are introducing advanced e-bikes, such as smart e-bike monitoring system (SEMS) and hydrogen-powered bikes, which is creating a positive outlook for the market in the region.
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The competitive landscape of the industry has also been examined along with the profiles of the key players.
The report has segmented the market on the basis of mode, motor type, battery type, class, design, application and country.
Breakup by Mode:
- Pedal Assist
Breakup by Motor Type:
- Hub Motor
- Mid Drive
Breakup by Battery Type:
- Lead Acid
- Lithium Ion
- Nickel-Metal Hydride (NiMH)
Breakup by Class:
- Class I
- Class II
- Class III
Breakup by Design:
Breakup by Application:
- Mountain/Trekking Bikes
Breakup by Country:
- United Kingdom
Key highlights of the report:
- Market Performance (2015-2020)
- Market Outlook (2021- 2026)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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