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SWEDEN E-BIKE MARKET FORECAST 2023-2028

SCOPE OF THE REPORT

Sweden E-bike Market by Type (Pedelec, Throttle on Demand, Scooter, Motorcycle) Market by Drive Mechanism (Hub Motor, Mid-drive) Market by Application (City/urban, Trekking, Cargo) Market by Battery (Lithium-ion, Lead Acid) Market by Power (≤ 250 W, >250 W)

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MARKET OVERVIEW

The Sweden e-bike market is expected to reach $xx million by 2028, growing at a CAGR of 5.07% during the forecast period, 2023-2028. The base year considered for the study is 2022, and projects its findings over the estimated period spanning from 2023 to 2028. Furthermore, the market analysis has also assessed the qualitative and quantitative impact of COVID-19 on the e-bike market.

Electric bikes, often referred to as e-bikes, are bicycles equipped with an integrated electric motor drive system and a battery for propulsion. They are available in a range of configurations, from modest motor-assist models that augment the rider’s pedal input to robust versions capable of full-throttle operation, all readily accessible in the market.

Sweden E-Bike Market

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Electric bikes are a stylish, adaptable, environmentally responsible, and flexible form of transportation. Customers regard them as the perfect replacement for smart cars, scooters, and public transportation. Their compact dimensions enable higher-speed travel with reduced exertion, while also delivering health advantages. Moreover, they play a pivotal role in mitigating traffic congestion. These factors collectively contribute to the burgeoning popularity of electric bikes.

Sweden has witnessed noteworthy product introductions within the e-bike market. The Swedish scale up MOVS has recently unveiled two new e-bike models – Nörd, a technologically advanced cruiser, and Ergo, designed with ergonomic considerations for daily utility. These offerings are accessible through a MOVS membership program, strategically structured to enhance the affordability of e-bike ownership for customers.

Government incentives and subsidies have also served as a catalyst for the growth of the e-bike market in Sweden. These measures encompass tax incentives, rebates, and dedicated funding allocated to the development of cycling infrastructure.

The Swedish government and local municipalities are actively channeling investments into cycling infrastructure, encompassing bike lanes, charging stations, and secure parking facilities. These strategic developments enhance the accessibility and safety of e-bikes for riders. Consistent with the global trend, a growing number of Swedes are transitioning from traditional car ownership to the adoption of e-bikes, especially for short to medium-distance commuting needs. E-bikes are also increasingly recognized as a cost-effective and environmentally responsible alternative within the country. As a result, these drivers point to a positive expansion trend for the Sweden e-bike market, with a growing emphasis on sustainability, health, and practicality in daily transportation.

Inkwood Research’s report on the Sweden e-bike market provides in-depth insights & segmentation analysis. The detailed assessment of the market includes market share analysis, competitive landscape, key buying criteria, PESTLE analysis, brand share analysis, and value chain analysis. The segmentation analysis of the market includes type, drive mechanism, application, battery, and power.

The key players in the market are VanMoof, Kalkhoff Werke GmbH, Royal Dutch Gazelle, etc.

REPORT SYNOPSIS

REPORT SCOPEDETAILS
Market Forecast Years2023-2028
Base Year2022
Market Historical Years2018-2022
Forecast UnitsRevenue ($ Million)
Segments Analyzed
Type, Drive Mechanism, Application, Battery, Power
Countries AnalyzedSweden
Companies AnalyzedBergamont, Ecoride, Kalkhoff Werke GmbH, Royal Dutch Gazelle, VanMoof

TABLE OF CONTENT

  1. RESEARCH SCOPE & METHODOLOGY
    1. STUDY OBJECTIVES
    2. SCOPE OF STUDY
    3. METHODOLOGY
    4. ASSUMPTIONS & LIMITATIONS
  2. EXECUTIVE SUMMARY
    1. MARKET SIZE & ESTIMATES
    2. SWEDEN SNAPSHOT
    3. SWEDEN ANALYSIS
    4. KEY GROWTH ENABLERS
    5. KEY CHALLENGES
  3. KEY ANALYTICS
    1. IMPACT OF COVID-19 ON SWEDEN E-BIKE MARKET
    2. KEY MARKET TRENDS
    3. PORTER’S FIVE FORCES ANALYSIS
      1. BUYERS POWER
      2. SUPPLIERS POWER
      3. SUBSTITUTION
      4. NEW ENTRANTS
      5. INDUSTRY RIVALRY
    4. OPPORTUNITY MATRIX
  4. MARKET BY TYPE
    1. PEDELEC
    2. THROTTLE ON DEMAND
    3. SCOOTER
    4. MOTORCYCLE
  5. MARKET BY DRIVE MECHANISM
    1. HUB MOTOR
    2. MID-DRIVE
  6. MARKET BY APPLICATION
    1. CITY/URBAN
    2. TREKKING
    3. CARGO
  7. MARKET BY BATTERY
    1. LITHIUM-ION
    2. LEAD ACID
  8. MARKET BY POWER
    1. ≤ 250 W
    2. >250 W
  9. COMPETITIVE LANDSCAPE
    1. KEY STRATEGIC DEVELOPMENTS
      1. MERGERS & ACQUISITIONS
      2. PRODUCT LAUNCHES & DEVELOPMENTS
      3. PARTNERSHIPS & AGREEMENTS
      4. BUSINESS EXPANSIONS & DIVESTITURES
    2. COMPANY PROFILES
      1. BERGAMONT
      2. ECORIDE
      3. KALKHOFF WERKE GMBH
      4. ROYAL DUTCH GAZELLE
      5. VANMOOF

LIST OF TABLES

TABLE 1: SWEDEN SNAPSHOT – E-BIKE

TABLE 2: SWEDEN E-BIKE MARKET, BY TYPE, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 3: SWEDEN E-BIKE MARKET, BY TYPE, FORECAST YEARS, 2023-2028 (IN $ MILLION)

TABLE 4: SWEDEN E-BIKE MARKET, BY DRIVE MECHANISM, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 5: SWEDEN E-BIKE MARKET, BY DRIVE MECHANISM, FORECAST YEARS, 2023-2028 (IN $ MILLION)

TABLE 6: SWEDEN E-BIKE MARKET, BY APPLICATION, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 7: SWEDEN E-BIKE MARKET, BY APPLICATION, FORECAST YEARS, 2023-2028 (IN $ MILLION)

TABLE 8: SWEDEN E-BIKE MARKET, BY BATTERY, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 9: SWEDEN E-BIKE MARKET, BY BATTERY, FORECAST YEARS, 2023-2028 (IN $ MILLION)

TABLE 10: SWEDEN E-BIKE MARKET, BY POWER, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 11: SWEDEN E-BIKE MARKET, BY POWER, FORECAST YEARS, 2023-2028 (IN $ MILLION)

TABLE 12: LIST OF MERGERS & ACQUISITIONS

TABLE 13: LIST OF PRODUCT LAUNCHES & DEVELOPMENTS

TABLE 14: LIST OF PARTNERSHIPS & AGREEMENTS

TABLE 15: LIST OF BUSINESS EXPANSIONS & DIVESTITURES

LIST OF FIGURES

FIGURE 1: KEY MARKET TRENDS

FIGURE 2: PORTER’S FIVE FORCES ANALYSIS

FIGURE 3: OPPORTUNITY MATRIX

FIGURE 4: SWEDEN E-BIKE MARKET, GROWTH POTENTIAL, BY TYPE, IN 2022

FIGURE 5: SWEDEN E-BIKE MARKET, BY PEDELECS, 2023-2028 (IN $ MILLION)

FIGURE 6: SWEDEN E-BIKE MARKET, BY THROTTLE ON DEMAND, 2023-2028 (IN $ MILLION)

FIGURE 7: SWEDEN E-BIKE MARKET, BY SCOOTER, 2023-2028 (IN $ MILLION)

FIGURE 8: SWEDEN E-BIKE MARKET, BY MOTORCYCLE, 2023-2028 (IN $ MILLION)

FIGURE 9: SWEDEN E-BIKE MARKET, GROWTH POTENTIAL, BY DRIVE MECHANISM, IN 2022

FIGURE 10: SWEDEN E-BIKE MARKET, BY HUB MOTOR, 2023-2028 (IN $ MILLION)

FIGURE 11: SWEDEN E-BIKE MARKET, BY MID-DRIVE, 2023-2028 (IN $ MILLION)

FIGURE 12: SWEDEN E-BIKE MARKET, GROWTH POTENTIAL, BY APPLICATION, IN 2022

FIGURE 13: SWEDEN E-BIKE MARKET, BY CITY/URBAN, 2023-2028 (IN $ MILLION)

FIGURE 14: SWEDEN E-BIKE MARKET, BY TREKKING, 2023-2028 (IN $ MILLION)

FIGURE 15: SWEDEN E-BIKE MARKET, BY CARGO, 2023-2028 (IN $ MILLION)

FIGURE 16: SWEDEN E-BIKE MARKET, GROWTH POTENTIAL, BY BATTERY, IN 2022

FIGURE 17: SWEDEN E-BIKE MARKET, BY LITHIUM-ION, 2023-2028 (IN $ MILLION)

FIGURE 18: SWEDEN E-BIKE MARKET, BY LEAD ACID, 2023-2028 (IN $ MILLION)

FIGURE 19: SWEDEN E-BIKE MARKET, GROWTH POTENTIAL, BY POWER, IN 2022

FIGURE 20: SWEDEN E-BIKE MARKET, BY ≤ 250 W, 2023-2028 (IN $ MILLION)

FIGURE 21: SWEDEN E-BIKE MARKET, BY >250 W, 2023-2028 (IN $ MILLION)

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