The Netherlands e-bike market is expected to register a CAGR of 12.31% in terms of volume and 11.95% in terms of revenue during the forecast period, 2022-2028, and is estimated to reach $1909.94 million by 2028.

The Netherlands is projecting record sales of e-bikes. The e-bike sales represent around 42% of the market in volume in comparison to 41% in 2018, as per stats. One of the variants of the electric bicycle or e-bike is the speed pedelec. It is faster than a normal e-bike. It is a popular choice among individuals who bike longer distances daily, and has a maximum speed of 45 kilometers per hour. Speed pedelecs had more sales growth in 2017.

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Moreover, the e-bike is the largest category in the Netherlands, with a significant market share. Its popularity grew over the years, with 2021 witnessing more e-bikes sold than regular bicycles. E-bike sales account for over 76% of the total turnover from bicycle sales, as per the Bicycle and Automotive Industry Association (RAI Vereniging).

Additionally, the country has 23 million bikes and a 17 million population. Over a quarter of daily trips use bikes. Besides, the Netherlands has a robust biking culture, with a rising number of people opting for bicycles over motor vehicles. Also, the country has a well-developed infrastructure that encourages the use of e-bikes without the interference of heavy vehicle traffic.

The Netherlands e-bike market segmentation includes drive mechanism, end-use, power, battery, and type. The end-use segment includes cargo, trekking, and city/urban.

The trekking segment growth is driven by the rising interest in recreational activities and using e-bikes as an alternative to vehicles. There is a growing interest in performance-based adventurous sports boosting the demand for mountain e-bikes. This is also attributed to the mountain e-bikes’ advantages. These include covering longer distances with the same efforts, longer rides over hills and steep terrains with ease, and the incorporation of electric motors in sports and physical activities. However, the segment growth is restrained by government regulations centered on safety and speed issues.

The city/urban segment growth is propelled by the increasing health & environmental concerns and the stringent emission norms by international organizations and governments to minimize carbon levels. In this regard, there is a growing demand from the European region. There have been growing e-bike sales annually in some countries of the region in the last few years. These include the Netherlands, Austria, and Denmark. Additionally, there has been a rising demand for e-bikes in Singapore, China, and India.

With regard to cargo, the vast range of logistic deliveries in urban areas entails small shipments over short distances. Cargo e-bikes are used to reduce the adverse social, ecological, and economic effects. Also, recent trends in terms of e-commerce boost the demand for electric cargo bikes. For instance, Amazon, IKEA, Swiggy, etc., are using cargo e-bikes for deliveries.

Some of the prominent companies in the Netherlands e-bike market include Batavu, QWIC, Babboe, Gazelle, VanMoof, etc.

VanMoof designs and develops urban e-bikes. It offers commuters a sustainable mode of transportation. The company’s high-tech feature-rich e-bikes are used by a community of more than 120,000 international riders. Also, the company brand stores are present in London, Seattle, Tokyo, Taipei, Paris, San Francisco, New York, Berlin, and Amsterdam, with headquarters in Amsterdam, Netherlands.

The company’s key products include VanMoof S3 and VanMoof X3. VanMoof 3 is a classic straight-frame geometry supercharged with next-gen innovation. VanMoof X3 has a compact frame with extra-agile handling for quick getaways.

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