The Europe e-bike market size reached US$ 5,289 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 8,163 Million by 2028, exhibiting a growth rate (CAGR) of 7.4% during 2023-2028.
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2. About IMARC Group
International Market Analysis Research and Consulting Group is a leading adviser on management
strategy and market research worldwide. We partner with clients in all regions and industry
verticals 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,
chemicals, food and beverage, travel and tourism, nanotechnology and novel processing methods
are at the top of the company’s expertise.
IMARC’s tailored approach combines unfathomable insight into the dynamics of companies and
markets with close cooperation at all levels of the client organization. This ensures that our clients
achieve unmatchable competitive advantage, build more proficient organizations, and secure lasting
results.
3. Report Highlight
and Description
According to the latest report by IMARC Group, titled " Europe E-Bike Market:
Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-
2028," the Europe e-bike market size reached US$ 5,289 Million in 2022.
E-bikes, or electronic bikes, are standard bicycles that are equipped with
electric motors, batteries, and drivetrains. They are available in various
designs and performance capacities, depending on the needs of the customer.
E-bikes are simple to operate, offer convenience for different age groups, and
are cost-effective alternatives to conventional fuel bikes. In recent years, e-
bikes have gained traction across the European region as they are an
environment-friendly means of transportation compared to motored vehicles.
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4. Report Description
Europe E-Bike Market Trends:
The market is primarily driven by the growing environmental degradation and rising pollution levels. Besides this,
as public transportation systems can be unreliable, the use of eco-friendly and fuel-efficient private vehicles,
such as e-bikes, are being promoted. In addition, the European Union (EU) is enacting stringent emission norms
to reduce carbon emission levels. They are also implementing regulations to encourage the use of e-bikes, which
is propelling the market growth.
Furthermore, the rising health concerns among people have facilitated the interest in cycling as a fitness and
recreational activity, which, in turn, is positively influencing the demand for e-bikes in the region. Moreover,
increasing research and development (R&D) activities and improvement in bicycling infrastructure and battery
technology, such as hydrogen-powered bikes and smart e-bikes monitoring systems (SEMS), are creating
opportunities for the market players.
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5. Report
Segmentation
Breakup by Mode:
• Throttle
• Pedal Assist
Breakup by Motor Type:
• Hub Motor
• Mid Drive
• Others
Breakup by Battery Type:
• Lead Acid
• Lithium Ion
• Nickel-Metal Hydride (NiMH)
• Others
6. Report
Segmentation
Breakup by Class:
• Class I
• Class II
• Class III
Breakup by Design:
• Foldable
• Non-Foldable
Breakup by Application:
• Mountain/Trekking Bikes
• City/Urban
• Cargo
• Others
8. Key Questions
Answered in
the Report
How big is the Europe e-bike market?
What is the expected growth rate of the Europe e-bike market
during 2023-2028?
What are the key factors driving the Europe e-bike market?
What has been the impact of COVID-19 on the Europe e-bike
market?
What is the breakup of the Europe e-bike market based on the
mode?
What is the breakup of the Europe e-bike market based on the
motor type?
What is the breakup of the Europe e-bike market based on the
battery type?
9. Key Questions
Answered in
the Report
What is the breakup of the Europe e-bike market based on the
class?
What is the breakup of the Europe e-bike market based on the
design?
What is the breakup of the Europe e-bike market based on the
application?
What are the key regions in the Europe e-bike market?
10. Table of
Contents
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Europe E-Bike Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Mode
6.1 Throttle
6.1.1 Mark et Trends
6.1.2 Mark et Forecast
6.2 Pedal Assist
6.2.1 Market T rends
6.2.2 Market Forecast
7 Market Breakup by Motor Type
7.1 Hub Motor
7.1.1 Mark et T rends
7.1.2 Mark et Forecast
11. Table of
Contents
7.2 Mid Drive
7.2.1 Mark et Trends
7.2.2 Mark et Forecast
7.3 Others
7.3.1 Mark et Trends
7.3.2 Mark et Forecast
8 Market Breakup by Battery Type
8.1 Lead Acid
8.1.1 Mark et Trends
8.1.2 Mark et Forecast
8.2 Lithium Ion
8.2.1 Mark et Trends
8.2.2 Mark et Forecast
8.3 Nick el-Metal Hydride (NiMH)
8.3.1 Mark et Trends
8.3.2 Mark et Forecast
8.4 Others
8.4.1 Mark et Trends
8.4.2 Mark et Forecast
9 Market Breakup by Class
9.1 Class I
9.1.1 Mark et Trends
9.1.2 Market Forecast
9.2 Class II
9.2.1 Mark et Trends
9.2.2 Mark et Forecast
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