The
e-bike market in Europe and it is
poised to grow by 2350.6 k units during 2020-2024, progressing at a CAGR of
over 12% during the forecast period. The report offers an up-to-date analysis
regarding the current market scenario, latest trends and drivers, and the
overall market environment.
Technavio suggests three forecast scenarios (optimistic, probable, and
pessimistic) considering the impact of COVID-19. Please request Free Sample Report
on COVID-19 Impact
Frequently Asked Questions-
·
What was the value of the e-bike market in Europe
in 2019?
·
Technavio says that the value of market was at 3024.00 K units in 2019
and is projected to reach 5374.60 k units by 2024.
·
At what CAGR is the market projected to grow during
the forecast period 2020-2024?
·
Growing at a CAGR of over 12%, the market growth will accelerate during
the forecast period of 2020-2024.
·
What is the key factor driving the market?
·
Demand for eco-friendly transportation is one of the key factors driving
market growth.
·
Who are the top players in the market?
·
Accell Group NV, BH BIKES EUROPE SL, Derby Cycle Holding GmbH, Georg
Fritzmeier GmbH & Co. KG, Giant Manufacturing Co. Ltd., Klever Mobility
Europe GmbH, LEADER Ltd., Riese & Müller GmbH, Yamaha Motor Co. Ltd., and
Zhejiang Luyuan Electric Vehicle Co. Ltd. are some of the major market participants.
·
Which region is expected to hold the highest market
share in the market?
·
Rest of Europe
·
What is the major trend of the market?
·
Increasing awareness of the detrimental effects of vehicular emissions
is a major growth factor for the market.
The market is fragmented, and the degree of fragmentation will
accelerate during the forecast period. Accell Group NV, BH BIKES EUROPE SL,
Derby Cycle Holding GmbH, Georg Fritzmeier GmbH & Co. KG, Giant
Manufacturing Co. Ltd., Klever Mobility Europe GmbH, LEADER Ltd., Riese &
Müller GmbH, Yamaha Motor Co. Ltd., and Zhejiang Luyuan Electric Vehicle Co.
Ltd. are some of the major market participants. The demand for eco-friendly
transportation will offer immense growth opportunities. To make the most of the
opportunities, market vendors should focus more on the growth prospects in
fast-growing segments, while maintaining their position in the slow-growing
segments.
E-bike Market in Europe 2020-2024: Segmentation
E-bike Market in Europe is segmented as below:
·
Technology
o Lithium-ion Battery
o Sealed Lead Acid
Battery
·
Product
o Pedelecs
o S-pedelacs
·
Platform
o Urban E-bikes
o Trekking E-bikes
o EMTBs
o Cargo E-bikes
o Others.
·
Geographic Landscape
o Belgium
o Germany
o The Netherlands
o Rest Of Europe
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