The Europe e-bike market is estimated to propel with a CAGR of 11.19% in terms of revenue and 11.52% in terms of volume during the forecast period of 2022 to 2030, generating a revenue of $19905.23 million by 2030.

Europen countries are expected to show the fastest e-bike market growth during the forecast period. Europeans are choosing e-bikes as the preferred mode of commute and for leisure & sports. Moreover, they are considered a solution for the city logistics problems, as they are space-saving and eco-friendly. In some parts of European countries, e-bikes are outselling conventional bikes. This trend is attributed to an inclination toward personal well-being and maintaining physical fitness.

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The Europe e-bike market growth study comprises a detailed analysis of Spain, Belgium, Germany, Italy, Netherlands, United Kingdom, and Rest of Europe. The United Kingdom government has recently taken initiatives to encourage the adoption of e-bikes nationally. Some of the major factors driving the market growth are the rising awareness of environment-friendly transportation options, such as e-bikes, cycle-to-work schemes, and a €2 million commitment from the government cargo bike subsidies. Further, the e-bike companies in the country are continually working towards maintaining their competitive edge in the market.

Furthermore, post the pandemic-induced lockdown, Germany has witnessed the opening of numerous bicycle shops, which has resulted in an unexpected surge in sales. E-bikes are gaining popularity as customers demand eco-friendly options for leisure as well as daily commute. Some of the major factors propelling sales in the Germany e-bike market are the innovative products, high-quality materials, appealing designs, and fully integrated batteries and drives,

The Europe e-bike market is primarily segmented into drive mechanism, type, end-use, battery, and power. Market by type is further segmented into pedelecs, throttle on demand, scooters, and motorcycles.

E-scooters are expected to show high demand in the coming years. Scooters are ideal for city commutes of short distances. They can either be used for personal use or commercial such as cargo transport. E-scooters have a storage holding area or seat compartment, which is advantageous over e-bicycles and e-motorcycles. Moreover, the energy requirements of e-scooters are significantly lower than that of electric vehicles, thus saving a lot on the monthly electricity bills.

E-motorcycles have higher power and, therefore, can achieve higher speeds. With these advanced features, they are more expensive than e-bicycles and e-scooters. This segment is relatively new, and due to several technological challenges, many players have not entered this space. Additionally, e-motorcycles are very costly and are purchased only by a few bike enthusiasts and wealthy individuals.

Some of the key players operating in the Europe e-bike market are Accel Group, Giant Bicycles, Riese & Muller, M1 Sporttechnik, and Derby Cycles.

Founded in 1993, Riese & Müller is a premium manufacturer of e-bikes, e-cargo bikes, and folding bikes. With its products, Riese & Müller is shaping the e-mobility products of tomorrow and represents application-oriented product development, innovative e-bike technology, and the powerful riding dynamics that are characteristic of Riese & Müller. The brand has a global presence and distributes its products via an exclusive specialist dealer network. The company is headquartered in Hessen, Germany.

The Superdelite is one of Riese & Müller’s most popular prouct. It is ideal for long and comfortable rides. The bike has state-of-the-art safety technology and has a Bosch Performance Line CX motor, full-suspension Control Technology chassis, and a battery capacity of 1,125 Wh. On the other hand, The Homage bikes are ideal for city use. It has full suspension and uses Riese & Müller Control Technology to ensure exceptional riding safety and comfort. It allows easy handling in city traffic with the use of low step-through.

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